Churchill China (FRA:EQW) Cyclically Adjusted PS Ratio: (As of Aug. 10, 2026)

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FRA:EQW Churchill China PLC FRA:EQW
63 GF Score
Price €4.36
GF Value €10.70
Valuation Significantly Undervalued
! 6 Warning Signs
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What is Churchill China Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Churchill China  (FRA:EQW) 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.


Churchill China Cyclically Adjusted PS Ratio Related Terms


Churchill China Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Churchill China's Cyclically Adjusted PS Ratio can be seen below:

* 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.

Churchill China Cyclically Adjusted PS Ratio Chart

Churchill China Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.54 2.06 2.35 1.07 0.49

Churchill China Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.35 0.00 1.07 0.00 0.49

FRA:EQW vs SN, SGI, MHK: Cyclically Adjusted PS Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, Churchill China'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.


Churchill China Cyclically Adjusted PS Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Churchill China's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Churchill China's Cyclically Adjusted PS Ratio falls into.


FRA:EQW
63GF Score
Churchill China PLC FRA:EQW
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Churchill China 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.

Churchill China's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Churchill China's adjusted Revenue per Share data for the fiscal year that ended in Dec25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=7.929/139.9000*139.9000
=7.929

Current CPI (Dec25) = 139.9000.

Churchill China Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 5.465 102.200 7.481
201712 5.481 105.000 7.303
201812 5.778 107.100 7.548
201912 7.188 108.500 9.268
202012 3.643 109.400 4.659
202112 6.495 114.700 7.922
202212 8.619 125.300 9.623
202312 8.690 130.500 9.316
202412 8.593 135.100 8.898
202512 7.929 139.900 7.929

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

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.

Is Churchill China (FRA:EQW) Overvalued in 2026?

Based on GuruFocus' analysis, Churchill China stock appears to be undervalued. The current stock price of €4.36 is trading 59.3% below its estimated GF Value™ of €10.70. GuruFocus considers Churchill China to be Significantly Undervalued.

Key valuation signals for FRA:EQW:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €10.70 vs. price of €4.36 (59.3% below fair value)
  • GF Score™: 63/100 with 6 warning signs

No single metric tells the full story. See the FRA:EQW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Churchill China Business Description

Other Exchanges CHH:UK
Address No.1 Marlborough Way, Tunstall, Stoke-on-Trent, Staffordshire, GBR, ST6 5NZ
Churchill China PLC is a British pottery manufacturer. It is a manufacturer and distributor of tabletop products. Its customers include the pub, restaurant and hotel chains, sports and conference venues, health and education establishments and contract caterers. Its segments include Ceramics, the sale of ceramic tableware and complimentary items, and Materials, the sale of materials for the production of ceramics, to the tableware industry, majority of its revenue is generated from Ceramics segment. The company operates in the UK, Rest of Europe, USA and Rest of the World.
63GF Score

Get the complete analysis for FRA:EQW

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€4.36
Price
€10.70
GF Value