Gulf Resources (FRA:R29) Cyclically Adjusted PS Ratio: 0.08 (As of Jul. 17, 2026) — 73% Below Median

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FRA:R29 Gulf Resources Inc FRA:R29
57 GF Score
Price €4.16
GF Value €7.99
! 3 Warning Signs
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What is Gulf Resources Cyclically Adjusted PS Ratio?

Gulf Resources FRA:R29 57 Cyclically Adjusted PS Ratio is 0.08 as of Jul. 17, 2026, which is 73% below its 10-year median of 0.30. GuruFocus rates FRA:R29 with a GF Score™ of 57/100 and a GF Value™ of €7.99. The stock has 3 warning signs investors should review. Among 1,279 Chemicals companies, Gulf Resources ranks better than 98.91% on this metric.

As of today (2026-07-17), Gulf Resources's current share price is €4.16. Gulf Resources's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2025 was €50.12. Gulf Resources's Cyclically Adjusted PS Ratio for today is 0.08.

The historical rank and industry rank for Gulf Resources's Cyclically Adjusted PS Ratio or its related term are showing as below:

FRA:R29' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.3   Max: 0.61
Current: 0.06

During the past years, Gulf Resources's highest Cyclically Adjusted PS Ratio was 0.61. The lowest was 0.05. And the median was 0.30.

FRA:R29's Cyclically Adjusted PS Ratio is ranked better than
98.91% of 1279 companies
in the Chemicals industry
Industry Median: 1.32 vs FRA:R29: 0.06

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.

Gulf Resources's adjusted revenue per share data for the three months ended in Sep. 2025 was €5.691. 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 €50.12 for the trailing ten years ended in Sep. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gulf Resources  (FRA:R29) 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.


Gulf Resources Cyclically Adjusted PS Ratio Related Terms


Gulf Resources Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Gulf Resources'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.

Gulf Resources Cyclically Adjusted PS Ratio Chart

Gulf Resources Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.29 0.37 0.29 0.18 0.08

Gulf Resources Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 0.12 0.08 0.10 0.10 0.09

FRA:R29 vs ORGN, DOW: Cyclically Adjusted PS Ratio Comparison

For the Chemicals subindustry, Gulf Resources'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.


Gulf Resources Cyclically Adjusted PS Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Gulf Resources's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:R29
57GF Score
Gulf Resources Inc FRA:R29
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gulf Resources 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.

Gulf Resources's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.16/50.12
=0.08

* 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.

Gulf Resources's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2025 is calculated as:

For example, Gulf Resources's adjusted Revenue per Share data for the three months ended in Sep. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2025 (Change)*Current CPI (Sep. 2025)
=5.691/115.4714*115.4714
=5.691

Current CPI (Sep. 2025) = 115.4714.

Gulf Resources Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201512 34.699 100.600 39.828
201603 33.130 102.200 37.432
201606 45.407 101.400 51.708
201609 37.344 102.400 42.111
201612 28.731 102.600 32.335
201703 32.753 103.200 36.648
201706 45.196 103.100 50.619
201709 21.324 104.100 23.653
201712 3.032 104.500 3.350
201803 1.945 105.300 2.133
201806 0.004 104.900 0.004
201809 0.314 106.600 0.340
201812 0.000 106.500 0.000
201903 0.037 107.700 0.040
201906 5.633 107.700 6.039
201909 4.338 109.800 4.562
201912 0.000 111.200 0.000
202003 0.530 112.300 0.545
202006 4.999 110.400 5.229
202009 9.299 111.700 9.613
202012 9.706 111.500 10.052
202103 4.418 112.662 4.528
202106 8.838 111.769 9.131
202109 14.414 112.215 14.832
202112 17.624 113.108 17.992
202203 7.745 114.335 7.822
202206 14.197 114.558 14.310
202209 22.055 115.339 22.080
202212 20.078 115.116 20.140
202303 8.330 115.116 8.356
202306 7.085 114.558 7.142
202309 5.269 115.339 5.275
202312 6.029 114.781 6.065
202403 1.120 115.227 1.122
202406 2.063 114.781 2.075
202409 1.850 115.785 1.845
202412 1.624 114.893 1.632
202503 1.269 115.116 1.273
202506 5.419 114.907 5.446
202509 5.691 115.471 5.691

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.

What does a Cyclically Adjusted PS Ratio of 0.08 mean?
Gulf Resources (FRA:R29) has a Cyclically Adjusted PS Ratio of 0.08 as of Jul. 17, 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 Gulf Resources and its competitors. This is 73% below median its historical median of 0.30. Over the past decade, Gulf Resources' Cyclically Adjusted PS Ratio has ranged from 0.05 to 0.61. According to the industry distribution chart, Gulf Resources ranks #14 out of 1279 companies in the Chemicals industry, placing it in the top 1.1%.
Is Gulf Resources' Cyclically Adjusted PS Ratio too high?
Gulf Resources' current Cyclically Adjusted PS Ratio of 0.08 is 73% below median its 10-year median of 0.30. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 0.61. The Chemicals industry median Cyclically Adjusted PS Ratio is 1.32. Gulf Resources' value of 0.08 is 93.9% below this industry median. Based on the distribution chart, Gulf Resources ranks #14 out of 1279 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Gulf Resources has a GF Score™ of 57/100, reflecting its overall financial health beyond just this single metric.
How does Gulf Resources' Cyclically Adjusted PS Ratio compare to ORGN and DOW?
According to the Chemicals industry distribution chart, Gulf Resources ranks #14 out of 1279 companies for Cyclically Adjusted PS Ratio. This places Gulf Resources in the top 1% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.32. Gulf Resources' value of 0.08 is 93.9% below this benchmark. Historically, Gulf Resources' own Cyclically Adjusted PS Ratio has ranged from 0.05 to 0.61 over the past decade. While the company's 10-year median is 0.30 vs. the industry median of 1.32, Gulf Resources has consistently been below 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 Chemicals company?
The median Cyclically Adjusted PS Ratio among Chemicals companies is 1.32, based on 1,279 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. Gulf Resources's current Cyclically Adjusted PS Ratio of 0.08 is 93.9% below 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 Gulf Resources and its competitors. For the Chemicals industry, the median Cyclically Adjusted PS Ratio is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gulf Resources's current Cyclically Adjusted PS Ratio is 0.08, which is 73% below median its own 10-year median of 0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gulf Resources stock overvalued right now?
Gulf Resources (FRA:R29) has a current Cyclically Adjusted PS Ratio of 0.08. The stock's GF Value™ is €7.99, compared to a current price of €4.16 — trading 47.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.08, which is 73% below median its 10-year median of 0.30 and 93.9% below the Chemicals industry median of 1.32. Gulf Resources' overall GF Score™ is 57/100 with 3 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 Gulf Resources (FRA:R29), the current Cyclically Adjusted PS Ratio is 0.08 as of Jul. 17, 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 Gulf Resources (FRA:R29) Overvalued in 2026?

Based on GuruFocus' analysis, Gulf Resources stock appears to be undervalued. The current stock price of €4.16 is trading 47.9% below its estimated GF Value™ of €7.99.

Key valuation signals for FRA:R29:

  • Cyclically Adjusted PS Ratio: 0.08 (73% below median its 10-year median of 0.30)
  • GF Value™: €7.99 vs. price of €4.16 (47.9% below fair value)
  • GF Score™: 57/100 with 3 warning signs
  • Industry Position: 93.9% below the Chemicals median (#14 of 1279)

No single metric tells the full story. See the FRA:R29 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gulf Resources Business Description

Other Exchanges GURE:USA
Address Level 11, Vegetable Building, Industrial Park of the East Shouguang City, Shandong, Shouguang, CHN, 262700
Gulf Resources Inc is a holding company engaged in the manufacture and trade of bromine and crude salt, and natural gas; manufactures and sells chemical products used in oil and gas field exploration, oil and gas distribution, oil field drilling, wastewater processing, papermaking chemical agents and inorganic chemicals, and manufactures and sells materials for human and animal antibiotics. It operates in four segments: Bromine, Crude Salt, Chemical Products and Natural Gas. It derives maximum revenue from the Bromine segment which is commonly used in brominated flame retardants, fumigants, water purification compounds, dyes, medicines and disinfectants.
57GF Score

Get the complete analysis for FRA:R29

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

€4.16
Price
€7.99
GF Value