Kweichow Moutai Co (SHSE:600519) Cyclically Adjusted PS Ratio: (As of Aug. 17, 2026)

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SHSE:600519 Kweichow Moutai Co Ltd SHSE:600519
95 GF Score
Price ¥1,293.09
GF Value ¥1,594.98
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Kweichow Moutai Co Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Kweichow Moutai Co  (SHSE:600519) 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.


Kweichow Moutai Co Cyclically Adjusted PS Ratio Related Terms


Kweichow Moutai Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Kweichow Moutai Co'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.

Kweichow Moutai Co Cyclically Adjusted PS Ratio Chart

Kweichow Moutai Co 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 40.39 29.14 25.33 19.28 15.24

Kweichow Moutai Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 16.62 16.46 15.24 15.39 0.00

SHSE:600519 vs BF.B: Cyclically Adjusted PS Ratio Comparison

For the Beverages - Wineries & Distilleries subindustry, Kweichow Moutai 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.


Kweichow Moutai Co Cyclically Adjusted PS Ratio vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Kweichow Moutai Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Kweichow Moutai Co's Cyclically Adjusted PS Ratio falls into.


SHSE:600519
95GF Score
Kweichow Moutai Co Ltd SHSE:600519
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Kweichow Moutai 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.

Kweichow Moutai Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Kweichow Moutai Co's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=30.034/116.0564*116.0564
=30.034

Current CPI (Jun. 2026) = 116.0564.

Kweichow Moutai Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 7.011 102.400 7.946
201612 10.062 102.600 11.382
201703 11.066 103.200 12.445
201706 9.235 103.100 10.396
201709 15.116 104.100 16.852
201712 13.199 104.500 14.659
201803 14.639 105.300 16.134
201806 13.424 104.900 14.852
201809 15.696 106.600 17.088
201812 17.684 106.500 19.271
201903 17.890 107.700 19.278
201906 14.881 107.700 16.036
201909 17.777 109.800 18.790
201912 20.179 111.200 21.060
202003 20.132 112.300 20.805
202006 16.190 110.400 17.020
202009 19.066 111.700 19.810
202012 22.609 111.500 23.533
202103 22.344 112.662 23.017
202106 18.041 111.769 18.733
202109 20.961 112.215 21.678
202112 25.788 113.108 26.460
202203 26.423 114.335 26.821
202206 20.903 114.558 21.176
202209 24.140 115.339 24.290
202212 30.086 115.116 30.332
202303 31.341 115.116 31.597
202306 25.163 114.558 25.492
202309 27.327 115.339 27.497
202312 36.017 114.781 36.417
202403 37.010 115.227 37.276
202406 29.420 114.781 29.747
202409 31.580 115.785 31.654
202412 40.616 114.893 41.027
202503 40.967 115.116 41.302
202506 31.616 114.907 31.932
202509 31.781 115.471 31.942
202512 32.856 115.832 32.920
202603 43.694 116.303 43.601
202606 30.034 116.056 30.034

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 Kweichow Moutai Co (SHSE:600519) Overvalued in 2026?

Based on GuruFocus' analysis, Kweichow Moutai Co stock appears to be undervalued. The current stock price of ¥1,293.09 is trading 18.9% below its estimated GF Value™ of ¥1,594.98. GuruFocus considers Kweichow Moutai Co to be Modestly Undervalued.

Key valuation signals for SHSE:600519:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: ¥1,594.98 vs. price of ¥1,293.09 (18.9% below fair value)
  • GF Score™: 95/100 with 2 warning signs

No single metric tells the full story. See the SHSE:600519 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kweichow Moutai Co Business Description

Other Exchanges MOUTAI80:Thailand
Address Maotai Town, Guizhou Province, Renhuai, CHN, 564501
Kweichow Moutai is China's largest baijiu producer, with sales revenue of over CNY 170 billion in 2024. Established in 1951, Moutai is headquartered in Moutai Town, Renhuai City, Guizhou province, in southwest China. Its core product, 53-degree Feitian Moutai, is known as China's national drink and has been consumed during many high-profile historical and political events. Moutai's unparalleled brand strength and premium product quality have led to remarkable pricing power, allowing it to achieve the industry's highest retail prices and profit margins. The State-owned Assets Supervision and Administration Commission of Guizhou province, through Moutai Group, controls a 49% stake in Kweichow Moutai.
95GF Score

Get the complete analysis for SHSE:600519

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

¥1,293.09
Price
¥1,594.98
GF Value