Ningbo Fuda Co (SHSE:600724) Cyclically Adjusted PS Ratio: 2.22 (As of Aug. 17, 2026) — 68% Above Median

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SHSE:600724 Ningbo Fuda Co Ltd SHSE:600724
63 GF Score
Price ¥5.09
GF Value ¥3.50
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Ningbo Fuda Co Cyclically Adjusted PS Ratio?

Ningbo Fuda Co SHSE:600724 -0.59% 63 Cyclically Adjusted PS Ratio is 2.22 as of Aug. 17, 2026, which is 68% above its 10-year median of 1.32. GuruFocus rates SHSE:600724 with a GF Score™ of 63/100 and a GF Value™ of ¥3.50 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,373 Real Estate companies, Ningbo Fuda Co ranks worse than 55.79% on this metric.

As of today (2026-08-17), Ningbo Fuda Co's current share price is ¥5.09. Ningbo Fuda Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ¥2.29. Ningbo Fuda Co's Cyclically Adjusted PS Ratio for today is 2.22.

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

SHSE:600724' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.91   Med: 1.32   Max: 3.62
Current: 2.2

During the past years, Ningbo Fuda Co's highest Cyclically Adjusted PS Ratio was 3.62. The lowest was 0.91. And the median was 1.32.

SHSE:600724's Cyclically Adjusted PS Ratio is ranked worse than
55.79% of 1373 companies
in the Real Estate industry
Industry Median: 1.79 vs SHSE:600724: 2.20

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.

Ningbo Fuda Co's adjusted revenue per share data for the three months ended in Mar. 2026 was ¥0.207. 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 ¥2.29 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ningbo Fuda Co  (SHSE:600724) 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.


Ningbo Fuda Co Cyclically Adjusted PS Ratio Related Terms


Ningbo Fuda Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Ningbo Fuda 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.

Ningbo Fuda Co Cyclically Adjusted PS Ratio Chart

Ningbo Fuda 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 1.17 1.22 1.43 2.56 2.42

Ningbo Fuda 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 1.93 1.86 2.03 2.42 2.65

SHSE:600724 vs CBRE, BEKE, JLL: Cyclically Adjusted PS Ratio Comparison

For the Real Estate Services subindustry, Ningbo Fuda 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.


Ningbo Fuda Co Cyclically Adjusted PS Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Ningbo Fuda Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


SHSE:600724
63GF Score
Ningbo Fuda Co Ltd SHSE:600724
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ningbo Fuda 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.

Ningbo Fuda Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.09/2.29
=2.22

* 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.

Ningbo Fuda Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Ningbo Fuda 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)
=0.207/116.3033*116.3033
=0.207

Current CPI (Mar. 2026) = 116.3033.

Ningbo Fuda Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.933 101.400 1.070
201609 0.480 102.400 0.545
201612 1.327 102.600 1.504
201703 0.444 103.200 0.500
201706 0.605 103.100 0.682
201709 0.602 104.100 0.673
201712 1.225 104.500 1.363
201803 0.569 105.300 0.628
201806 1.104 104.900 1.224
201809 0.690 106.600 0.753
201812 1.209 106.500 1.320
201903 0.511 107.700 0.552
201906 0.575 107.700 0.621
201909 0.492 109.800 0.521
201912 0.598 111.200 0.625
202003 0.242 112.300 0.251
202006 0.499 110.400 0.526
202009 0.413 111.700 0.430
202012 0.466 111.500 0.486
202103 0.291 112.662 0.300
202106 0.340 111.769 0.354
202109 0.355 112.215 0.368
202112 0.633 113.108 0.651
202203 0.509 114.335 0.518
202206 0.537 114.558 0.545
202209 0.525 115.339 0.529
202212 0.681 115.116 0.688
202303 0.570 115.116 0.576
202306 0.626 114.558 0.636
202309 0.553 115.339 0.558
202312 0.442 114.781 0.448
202403 0.385 115.227 0.389
202406 0.239 114.781 0.242
202409 0.236 115.785 0.237
202412 0.317 114.893 0.321
202503 0.234 115.116 0.236
202506 0.280 114.907 0.283
202509 0.247 115.471 0.249
202512 0.261 115.832 0.262
202603 0.207 116.303 0.207

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 2.22 mean?
Ningbo Fuda Co (SHSE:600724) has a Cyclically Adjusted PS Ratio of 2.22 as of Aug. 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 Ningbo Fuda Co and its competitors. This is 68% above median its historical median of 1.32. Over the past decade, Ningbo Fuda Co's Cyclically Adjusted PS Ratio has ranged from 0.91 to 3.62. According to the industry distribution chart, Ningbo Fuda Co ranks #766 out of 1373 companies in the Real Estate industry, placing it in the top 55.8%.
Is Ningbo Fuda Co's Cyclically Adjusted PS Ratio too high?
Ningbo Fuda Co's current Cyclically Adjusted PS Ratio of 2.22 is 68% above median its 10-year median of 1.32. Over the past 10 years, this metric has ranged from a low of 0.91 to a high of 3.62. The Real Estate industry median Cyclically Adjusted PS Ratio is 1.79. Ningbo Fuda Co's value of 2.22 is 24% above this industry median. Based on the distribution chart, Ningbo Fuda Co ranks #766 out of 1373 companies in the Real Estate industry, which is below the industry midpoint. Overall, Ningbo Fuda Co has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Fuda Co's Cyclically Adjusted PS Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Ningbo Fuda Co ranks #766 out of 1373 companies for Cyclically Adjusted PS Ratio. This places Ningbo Fuda Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.79. Ningbo Fuda Co's value of 2.22 is 24% above this benchmark. Historically, Ningbo Fuda Co's own Cyclically Adjusted PS Ratio has ranged from 0.91 to 3.62 over the past decade. While the company's 10-year median is 1.32 vs. the industry median of 1.79, Ningbo Fuda 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 Real Estate company?
The median Cyclically Adjusted PS Ratio among Real Estate companies is 1.79, based on 1,373 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. Ningbo Fuda Co's current Cyclically Adjusted PS Ratio of 2.22 is 24% 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 Ningbo Fuda Co and its competitors. For the Real Estate industry, the median Cyclically Adjusted PS Ratio is 1.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo Fuda Co's current Cyclically Adjusted PS Ratio is 2.22, which is 68% above median its own 10-year median of 1.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Fuda Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Fuda Co (SHSE:600724) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥3.50, compared to a current price of ¥5.09 — trading 45.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.22, which is 68% above median its 10-year median of 1.32 and 24% above the Real Estate industry median of 1.79. Ningbo Fuda Co's overall GF Score™ is 63/100 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 Ningbo Fuda Co (SHSE:600724), the current Cyclically Adjusted PS Ratio is 2.22 as of Aug. 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 Ningbo Fuda Co (SHSE:600724) Overvalued in 2026?

Based on GuruFocus' analysis, Ningbo Fuda Co stock appears to be overvalued. The current stock price of ¥5.09 is trading 45.4% above its estimated GF Value™ of ¥3.50. GuruFocus considers Ningbo Fuda Co to be Significantly Overvalued.

Key valuation signals for SHSE:600724:

  • Cyclically Adjusted PS Ratio: 2.22 (68% above median its 10-year median of 1.32)
  • GF Value™: ¥3.50 vs. price of ¥5.09 (45.4% above fair value)
  • GF Score™: 63/100 with 6 warning signs
  • Industry Position: 24% above the Real Estate median (#766 of 1373)

No single metric tells the full story. See the SHSE:600724 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ningbo Fuda Co Business Description

Address No. 355 Yangming West Road, Yuyao, Ningbo, Zhejiang, CHN, 315400
Ningbo Fuda Co Ltd is engaged in the businesses of investment development, operation management of the commercial real estate, development of the residential property, and cement production.
63GF Score

Get the complete analysis for SHSE:600724

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

¥5.09
Price
¥3.50
GF Value