Hebei Hengshui Laobaigan Liquor Co (SHSE:600559) Cyclically Adjusted PS Ratio: 2.63 (As of Aug. 12, 2026) — 46% Below Median

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SHSE:600559 Hebei Hengshui Laobaigan Liquor Co Ltd SHSE:600559
76 GF Score
Price ¥12.37
GF Value ¥14.33
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Hebei Hengshui Laobaigan Liquor Co Cyclically Adjusted PS Ratio?

Hebei Hengshui Laobaigan Liquor Co SHSE:600559 +1.73% 76 Cyclically Adjusted PS Ratio is 2.63 as of Aug. 12, 2026, which is 46% below its 10-year median of 4.83. GuruFocus rates SHSE:600559 with a GF Score™ of 76/100 and a GF Value™ of ¥14.33 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 175 Beverages - Alcoholic companies, Hebei Hengshui Laobaigan Liquor Co ranks worse than 68% on this metric.

As of today (2026-08-12), Hebei Hengshui Laobaigan Liquor Co's current share price is ¥12.37. Hebei Hengshui Laobaigan Liquor Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ¥4.71. Hebei Hengshui Laobaigan Liquor Co's Cyclically Adjusted PS Ratio for today is 2.63.

The historical rank and industry rank for Hebei Hengshui Laobaigan Liquor Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SHSE:600559' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.38   Med: 4.83   Max: 9.58
Current: 2.56

During the past years, Hebei Hengshui Laobaigan Liquor Co's highest Cyclically Adjusted PS Ratio was 9.58. The lowest was 2.38. And the median was 4.83.

SHSE:600559's Cyclically Adjusted PS Ratio is ranked worse than
68% of 175 companies
in the Beverages - Alcoholic industry
Industry Median: 1.51 vs SHSE:600559: 2.56

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.

Hebei Hengshui Laobaigan Liquor Co's adjusted revenue per share data for the three months ended in Mar. 2026 was ¥1.327. 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 ¥4.71 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hebei Hengshui Laobaigan Liquor Co  (SHSE:600559) 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.


Hebei Hengshui Laobaigan Liquor Co Cyclically Adjusted PS Ratio Related Terms


Hebei Hengshui Laobaigan Liquor Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Hebei Hengshui Laobaigan Liquor 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.

Hebei Hengshui Laobaigan Liquor Co Cyclically Adjusted PS Ratio Chart

Hebei Hengshui Laobaigan Liquor 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 7.19 6.64 5.15 4.58 3.45

Hebei Hengshui Laobaigan Liquor Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 3.99 3.57 3.66 3.45 2.88

SHSE:600559 vs BF.B: Cyclically Adjusted PS Ratio Comparison

For the Beverages - Wineries & Distilleries subindustry, Hebei Hengshui Laobaigan Liquor 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.


Hebei Hengshui Laobaigan Liquor Co Cyclically Adjusted PS Ratio vs Beverages - Alcoholic Industry

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

* The bar in red indicates where Hebei Hengshui Laobaigan Liquor Co's Cyclically Adjusted PS Ratio falls into.


SHSE:600559
76GF Score
Hebei Hengshui Laobaigan Liquor Co Ltd SHSE:600559
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Hebei Hengshui Laobaigan Liquor 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.

Hebei Hengshui Laobaigan Liquor Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=12.37/4.71
=2.63

* 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.

Hebei Hengshui Laobaigan Liquor Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Hebei Hengshui Laobaigan Liquor Co's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=1.327/116.3033*116.3033
=1.327

Current CPI (Mar. 2026) = 116.3033.

Hebei Hengshui Laobaigan Liquor Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.459 101.400 0.526
201609 0.769 102.400 0.873
201612 0.970 102.600 1.100
201703 0.872 103.200 0.983
201706 0.517 103.100 0.583
201709 0.781 104.100 0.873
201712 1.023 104.500 1.139
201803 0.925 105.300 1.022
201806 0.838 104.900 0.929
201809 1.123 106.600 1.225
201812 1.348 106.500 1.472
201903 1.272 107.700 1.374
201906 0.876 107.700 0.946
201909 0.961 109.800 1.018
201912 1.345 111.200 1.407
202003 0.805 112.300 0.834
202006 0.851 110.400 0.897
202009 1.119 111.700 1.165
202012 1.233 111.500 1.286
202103 0.806 112.662 0.832
202106 1.065 111.769 1.108
202109 1.249 112.215 1.294
202112 1.327 113.108 1.364
202203 1.024 114.335 1.042
202206 1.206 114.558 1.224
202209 1.512 115.339 1.525
202212 1.377 115.116 1.391
202303 1.078 115.116 1.089
202306 1.400 114.558 1.421
202309 1.756 115.339 1.771
202312 1.532 114.781 1.552
202403 1.244 115.227 1.256
202406 1.431 114.781 1.450
202409 1.816 115.785 1.824
202412 1.372 114.893 1.389
202503 1.302 115.116 1.315
202506 1.402 114.907 1.419
202509 0.948 115.471 0.955
202512 0.852 115.832 0.855
202603 1.327 116.303 1.327

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 2.63 mean?
Hebei Hengshui Laobaigan Liquor Co (SHSE:600559) has a Cyclically Adjusted PS Ratio of 2.63 as of Aug. 12, 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 Hebei Hengshui Laobaigan Liquor Co and its competitors. This is 46% below median its historical median of 4.83. Over the past decade, Hebei Hengshui Laobaigan Liquor Co's Cyclically Adjusted PS Ratio has ranged from 2.38 to 9.58. According to the industry distribution chart, Hebei Hengshui Laobaigan Liquor Co ranks #119 out of 175 companies in the Beverages - Alcoholic industry, placing it in the top 68%.
Is Hebei Hengshui Laobaigan Liquor Co's Cyclically Adjusted PS Ratio too high?
Hebei Hengshui Laobaigan Liquor Co's current Cyclically Adjusted PS Ratio of 2.63 is 46% below median its 10-year median of 4.83. Over the past 10 years, this metric has ranged from a low of 2.38 to a high of 9.58. The Beverages - Alcoholic industry median Cyclically Adjusted PS Ratio is 1.51. Hebei Hengshui Laobaigan Liquor Co's value of 2.63 is 74.2% above this industry median. Based on the distribution chart, Hebei Hengshui Laobaigan Liquor Co ranks #119 out of 175 companies in the Beverages - Alcoholic industry, which is below the industry midpoint. Overall, Hebei Hengshui Laobaigan Liquor Co has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hebei Hengshui Laobaigan Liquor Co's Cyclically Adjusted PS Ratio compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Hebei Hengshui Laobaigan Liquor Co ranks #119 out of 175 companies for Cyclically Adjusted PS Ratio. This places Hebei Hengshui Laobaigan Liquor Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.51. Hebei Hengshui Laobaigan Liquor Co's value of 2.63 is 74.2% above this benchmark. Historically, Hebei Hengshui Laobaigan Liquor Co's own Cyclically Adjusted PS Ratio has ranged from 2.38 to 9.58 over the past decade. While the company's 10-year median is 4.83 vs. the industry median of 1.51, Hebei Hengshui Laobaigan Liquor 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 1.51, based on 175 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. Hebei Hengshui Laobaigan Liquor Co's current Cyclically Adjusted PS Ratio of 2.63 is 74.2% 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 Hebei Hengshui Laobaigan Liquor Co and its competitors. For the Beverages - Alcoholic industry, the median Cyclically Adjusted PS Ratio is 1.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hebei Hengshui Laobaigan Liquor Co's current Cyclically Adjusted PS Ratio is 2.63, which is 46% below median its own 10-year median of 4.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hebei Hengshui Laobaigan Liquor Co stock overvalued right now?
Based on GuruFocus' analysis, Hebei Hengshui Laobaigan Liquor Co (SHSE:600559) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥14.33, compared to a current price of ¥12.37 — trading 13.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.63, which is 46% below median its 10-year median of 4.83 and 74.2% above the Beverages - Alcoholic industry median of 1.51. Hebei Hengshui Laobaigan Liquor Co's overall GF Score™ is 76/100 with 6 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 Hebei Hengshui Laobaigan Liquor Co (SHSE:600559), the current Cyclically Adjusted PS Ratio is 2.63 as of Aug. 12, 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 Hebei Hengshui Laobaigan Liquor Co (SHSE:600559) Overvalued in 2026?

Based on GuruFocus' analysis, Hebei Hengshui Laobaigan Liquor Co stock appears to be undervalued. The current stock price of ¥12.37 is trading 13.7% below its estimated GF Value™ of ¥14.33. GuruFocus considers Hebei Hengshui Laobaigan Liquor Co to be Modestly Undervalued.

Key valuation signals for SHSE:600559:

  • Cyclically Adjusted PS Ratio: 2.63 (46% below median its 10-year median of 4.83)
  • GF Value™: ¥14.33 vs. price of ¥12.37 (13.7% below fair value)
  • GF Score™: 76/100 with 6 warning signs
  • Industry Position: 74.2% above the Beverages - Alcoholic median (#119 of 175)

No single metric tells the full story. See the SHSE:600559 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hebei Hengshui Laobaigan Liquor Co Business Description

Address No. 809 Renmin East Road, Hebei Province, Hengshui, CHN, 053000
Hebei Hengshui Laobaigan Liquor Co Ltd is engaged in the brewing industry. It is a manufacturer in the white liquor industry in China. The company's products include Hengshui old white and Eighteen White Square and 67 degrees.
76GF Score

Get the complete analysis for SHSE:600559

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

¥12.37
Price
¥14.33
GF Value