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China Resources Beer (Holdings) CoFRA:CHK -2.45%90 Cyclically Adjusted PS Ratio is 1.83 as of Jul. 28, 2026, which is 8% below its 10-year median of 1.99. GuruFocus rates FRA:CHK with a GF Score™ of 90/100 and a GF Value™ of €3.31 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 172 Beverages - Alcoholic companies, China Resources Beer (Holdings) Co ranks worse than 56.98% on this metric.
The historical rank and industry rank for China Resources Beer (Holdings) Co's Cyclically Adjusted PS Ratio or its related term are showing as below:
FRA:CHK'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.46 Med: 1.99 Max: 3.59
Current: 1.9
During the past 13 years, China Resources Beer (Holdings) Co's highest Cyclically Adjusted PS Ratio was 3.59. The lowest was 0.46. And the median was 1.99.
FRA:CHK's Cyclically Adjusted PS Ratio is ranked worse than 56.98% of 172
companies
in the Beverages - Alcoholic industry
Industry Median: 1.555
vs FRA:CHK: 1.90
The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.
China Resources Beer (Holdings) Co's adjusted revenue per share data of for the fiscal year that ended in Dec25 was €1.420. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is €1.37 for the trailing ten years ended in Dec25.
Shiller PE for Stocks: The True Measure of Stock Valuation
China Resources Beer (Holdings) Co (FRA:CHK) Cyclically Adjusted PS Ratio Explanation
Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.
If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.
China Resources Beer (Holdings) Co Cyclically Adjusted PS Ratio Related Terms
China Resources Beer (Holdings) Co Cyclically Adjusted PS Ratio Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
China Resources Beer (Holdings) Co Cyclically Adjusted PS Ratio Chart
FRA:CHK vs STZ, TAP: Cyclically Adjusted PS Ratio Comparison
For the Beverages - Brewers subindustry, China Resources Beer (Holdings) Co's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
China Resources Beer (Holdings) Co Cyclically Adjusted PS Ratio vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, China Resources Beer (Holdings) Co's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where China Resources Beer (Holdings) Co's Cyclically Adjusted PS Ratio falls into.
China Resources Beer (Holdings) Co Cyclically Adjusted PS Ratio Calculation
Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.
The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.
What does a Cyclically Adjusted PS Ratio of 1.83 mean?
China Resources Beer (Holdings) Co (FRA:CHK) has a Cyclically Adjusted PS Ratio of 1.83 as of Jul. 28, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on China Resources Beer (Holdings) Co and its competitors. This is near median its historical median of 1.99. Over the past decade, China Resources Beer (Holdings) Co's Cyclically Adjusted PS Ratio has ranged from 0.46 to 3.59. According to the industry distribution chart, China Resources Beer (Holdings) Co ranks #98 out of 172 companies in the Beverages - Alcoholic industry, placing it in the top 57%.
Is China Resources Beer (Holdings) Co's Cyclically Adjusted PS Ratio too high?
China Resources Beer (Holdings) Co's current Cyclically Adjusted PS Ratio of 1.83 is near median its 10-year median of 1.99. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 3.59. The Beverages - Alcoholic industry median Cyclically Adjusted PS Ratio is 1.56. China Resources Beer (Holdings) Co's value of 1.83 is 17.7% above this industry median. Based on the distribution chart, China Resources Beer (Holdings) Co ranks #98 out of 172 companies in the Beverages - Alcoholic industry, which is below the industry midpoint. Overall, China Resources Beer (Holdings) Co has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Resources Beer (Holdings) Co's Cyclically Adjusted PS Ratio compare to STZ and TAP?
According to the Beverages - Alcoholic industry distribution chart, China Resources Beer (Holdings) Co ranks #98 out of 172 companies for Cyclically Adjusted PS Ratio. This places China Resources Beer (Holdings) Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.56. China Resources Beer (Holdings) Co's value of 1.83 is 17.7% above this benchmark. Historically, China Resources Beer (Holdings) Co's own Cyclically Adjusted PS Ratio has ranged from 0.46 to 3.59 over the past decade. While the company's 10-year median is 1.99 vs. the industry median of 1.56, China Resources Beer (Holdings) Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for a Beverages - Alcoholic company?
The median Cyclically Adjusted PS Ratio among Beverages - Alcoholic companies is 1.56, based on 172 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. China Resources Beer (Holdings) Co's current Cyclically Adjusted PS Ratio of 1.83 is 17.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on China Resources Beer (Holdings) Co and its competitors. For the Beverages - Alcoholic industry, the median Cyclically Adjusted PS Ratio is 1.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Resources Beer (Holdings) Co's current Cyclically Adjusted PS Ratio is 1.83, which is near median its own 10-year median of 1.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Resources Beer (Holdings) Co stock overvalued right now?
Based on GuruFocus' analysis, China Resources Beer (Holdings) Co (FRA:CHK) is currently considered Modestly Undervalued. The stock's GF Value™ is €3.31, compared to a current price of €2.51 — trading 24.1% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.83, which is near median its 10-year median of 1.99 and 17.7% above the Beverages - Alcoholic industry median of 1.56. China Resources Beer (Holdings) Co's overall GF Score™ is 90/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For China Resources Beer (Holdings) Co (FRA:CHK), the current Cyclically Adjusted PS Ratio is 1.83 as of Jul. 28, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is China Resources Beer (Holdings) Co (FRA:CHK) Overvalued in 2026?
Based on GuruFocus' analysis, China Resources Beer (Holdings) Co stock appears to be undervalued.
The current stock price of €2.51 is trading 24.1% below its estimated GF Value™ of €3.31.
GuruFocus considers China Resources Beer (Holdings) Co to be Modestly Undervalued.
Key valuation signals for FRA:CHK:
Cyclically Adjusted PS Ratio: 1.83 (near median its 10-year median of 1.99)
GF Value™: €3.31 vs. price of €2.51 (24.1% below fair value)
Industry Position: 17.7% above the Beverages - Alcoholic median (#98 of 172)
No single metric tells the full story. See the FRA:CHK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Resources Beer (Holdings) Co Business Description
China Resources Beer, or CR Beer, was originally a conglomerate enterprise with operations across retail, beer, food, and beverage industries. In September 2015, the company disposed of all its non-beer businesses and became a pure beer producer. Through a series of mergers and acquisitions, the company achieved its leadership position in China's beer industry. Amid the premiumization trend in the domestic beer market, CR Beer acquired Heineken China in 2019, which allows CR Beer access to a premium international beer brand and also leverages its sophisticated distribution network to grow Heineken's sales and market share. CR Beer is now China's largest brewer, with a volume share of about 26%, versus 15% of Tsingtao and 19% of Budweiser APAC, based on Euromonitor data.
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