Shede Spirits Co (SHSE:600702) Cyclically Adjusted PS Ratio: (As of Sep. 21, 2026)

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SHSE:600702 Shede Spirits Co Ltd SHSE:600702
77 GF Score
Price ¥33.70
GF Value ¥51.98
Valuation Possible Value Trap
! 9 Warning Signs
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What is Shede Spirits Co Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Shede Spirits Co  (SHSE:600702) 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.


Shede Spirits Co Cyclically Adjusted PS Ratio Related Terms


Shede Spirits Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Shede Spirits 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.

Shede Spirits Co Cyclically Adjusted PS Ratio Chart

Shede Spirits 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 37.68 22.52 11.46 7.07 5.50

Shede Spirits 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 4.55 5.20 4.77 3.73 2.91

SHSE:600702 vs BF.B: Cyclically Adjusted PS Ratio Comparison

For the Beverages - Wineries & Distilleries subindustry, Shede Spirits 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.


Shede Spirits Co Cyclically Adjusted PS Ratio vs Beverages - Alcoholic Industry

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

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


SHSE:600702
77GF Score
Shede Spirits Co Ltd SHSE:600702
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Shede Spirits 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.

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

For example, Shede Spirits 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)
=2.426/116.0564*116.0564
=2.426

Current CPI (Jun. 2026) = 116.0564.

Shede Spirits Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.947 102.400 1.073
201612 1.074 102.600 1.215
201703 1.265 103.200 1.423
201706 1.341 103.100 1.510
201709 1.080 104.100 1.204
201712 1.172 104.500 1.302
201803 1.543 105.300 1.701
201806 1.476 104.900 1.633
201809 1.699 106.600 1.850
201812 1.912 106.500 2.084
201903 2.140 107.700 2.306
201906 1.605 107.700 1.730
201909 1.911 109.800 2.020
201912 2.393 111.200 2.498
202003 1.214 112.300 1.255
202006 1.866 110.400 1.962
202009 2.221 111.700 2.308
202012 2.820 111.500 2.935
202103 3.058 112.662 3.150
202106 4.057 111.769 4.213
202109 3.658 112.215 3.783
202112 4.156 113.108 4.264
202203 5.673 114.335 5.758
202206 3.437 114.558 3.482
202209 4.792 115.339 4.822
202212 4.372 115.116 4.408
202303 6.068 115.116 6.118
202306 4.518 114.558 4.577
202309 5.049 115.339 5.080
202312 4.740 114.781 4.793
202403 6.319 115.227 6.364
202406 3.497 114.781 3.536
202409 3.570 115.785 3.578
202412 1.657 114.893 1.674
202503 4.819 115.116 4.858
202506 3.449 114.907 3.483
202509 3.064 115.471 3.080
202512 2.201 115.832 2.205
202603 4.521 116.303 4.511
202606 2.426 116.056 2.426

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 Shede Spirits Co (SHSE:600702) Overvalued in 2026?

Based on GuruFocus' analysis, Shede Spirits Co stock appears to be undervalued. The current stock price of ¥33.70 is trading 35.2% below its estimated GF Value™ of ¥51.98. GuruFocus considers Shede Spirits Co to be Possible Value Trap.

Key valuation signals for SHSE:600702:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: ¥51.98 vs. price of ¥33.70 (35.2% below fair value)
  • GF Score™: 77/100 with 9 warning signs

No single metric tells the full story. See the SHSE:600702 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shede Spirits Co Business Description

Address No. 999, Tuopai Avenue, Tuopai Town, Sichuan Province, Shehong, CHN, 629209
Shede Spirits Co Ltd manufactures liquor products. The company produces high-end liquor, low-end liquor, mid-end liquor, and other products. Shede Spirits markets its products throughout China.
77GF Score

Get the complete analysis for SHSE:600702

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

¥33.70
Price
¥51.98
GF Value