Shanghai Milkground Food Tech Co (SHSE:600882) Cyclically Adjusted PS Ratio: 3.05 (As of Aug. 09, 2026) — 16% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:600882 Shanghai Milkground Food Tech Co Ltd SHSE:600882
79 GF Score
Price ¥22.36
GF Value ¥24.33
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is Shanghai Milkground Food Tech Co Cyclically Adjusted PS Ratio?

Shanghai Milkground Food Tech Co SHSE:600882 +0.81% 79 Cyclically Adjusted PS Ratio is 3.05 as of Aug. 09, 2026, which is 16% below its 10-year median of 3.61. GuruFocus rates SHSE:600882 with a GF Score™ of 79/100 and a GF Value™ of ¥24.33 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,448 Consumer Packaged Goods companies, Shanghai Milkground Food Tech Co ranks worse than 87.02% on this metric.

As of today (2026-08-09), Shanghai Milkground Food Tech Co's current share price is ¥22.36. Shanghai Milkground Food Tech Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ¥7.32. Shanghai Milkground Food Tech Co's Cyclically Adjusted PS Ratio for today is 3.05.

The historical rank and industry rank for Shanghai Milkground Food Tech Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SHSE:600882' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.16   Med: 3.61   Max: 20.73
Current: 3.05

During the past years, Shanghai Milkground Food Tech Co's highest Cyclically Adjusted PS Ratio was 20.73. The lowest was 2.16. And the median was 3.61.

SHSE:600882's Cyclically Adjusted PS Ratio is ranked worse than
87.02% of 1448 companies
in the Consumer Packaged Goods industry
Industry Median: 0.76 vs SHSE:600882: 3.05

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.

Shanghai Milkground Food Tech Co's adjusted revenue per share data for the three months ended in Mar. 2026 was ¥3.227. 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 ¥7.32 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shanghai Milkground Food Tech Co  (SHSE:600882) 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.


Shanghai Milkground Food Tech Co Cyclically Adjusted PS Ratio Related Terms


Shanghai Milkground Food Tech Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Shanghai Milkground Food Tech 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.

Shanghai Milkground Food Tech Co Cyclically Adjusted PS Ratio Chart

Shanghai Milkground Food Tech 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 14.14 7.14 3.09 3.02 3.59

Shanghai Milkground Food Tech 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 3.84 4.78 3.66 3.59 2.51

SHSE:600882 vs KHC, GIS: Cyclically Adjusted PS Ratio Comparison

For the Packaged Foods subindustry, Shanghai Milkground Food Tech 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.


Shanghai Milkground Food Tech Co Cyclically Adjusted PS Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shanghai Milkground Food Tech Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Shanghai Milkground Food Tech Co's Cyclically Adjusted PS Ratio falls into.


SHSE:600882
79GF Score
Shanghai Milkground Food Tech Co Ltd SHSE:600882
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shanghai Milkground Food Tech 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.

Shanghai Milkground Food Tech Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=22.36/7.32
=3.05

* 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.

Shanghai Milkground Food Tech Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Shanghai Milkground Food Tech 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)
=3.227/116.3033*116.3033
=3.227

Current CPI (Mar. 2026) = 116.3033.

Shanghai Milkground Food Tech Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.184 101.400 0.211
201609 0.332 102.400 0.377
201612 0.465 102.600 0.527
201703 0.438 103.200 0.494
201706 0.651 103.100 0.734
201709 0.591 104.100 0.660
201712 0.662 104.500 0.737
201803 0.470 105.300 0.519
201806 0.546 104.900 0.605
201809 0.706 106.600 0.770
201812 1.117 106.500 1.220
201903 0.727 107.700 0.785
201906 1.129 107.700 1.219
201909 1.071 109.800 1.134
201912 1.402 111.200 1.466
202003 0.966 112.300 1.000
202006 1.693 110.400 1.784
202009 1.922 111.700 2.001
202012 2.392 111.500 2.495
202103 2.316 112.662 2.391
202106 2.671 111.769 2.779
202109 2.056 112.215 2.131
202112 2.568 113.108 2.641
202203 2.519 114.335 2.562
202206 2.591 114.558 2.630
202209 2.435 115.339 2.455
202212 1.968 115.116 1.988
202303 2.028 115.116 2.049
202306 2.022 114.558 2.053
202309 3.809 115.339 3.841
202312 2.712 114.781 2.748
202403 2.300 115.227 2.321
202406 2.429 114.781 2.461
202409 2.414 115.785 2.425
202412 2.492 114.893 2.523
202503 2.395 115.116 2.420
202506 2.730 114.907 2.763
202509 2.755 115.471 2.775
202512 3.293 115.832 3.306
202603 3.227 116.303 3.227

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 3.05 mean?
Shanghai Milkground Food Tech Co (SHSE:600882) has a Cyclically Adjusted PS Ratio of 3.05 as of Aug. 09, 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 Shanghai Milkground Food Tech Co and its competitors. This is 16% below median its historical median of 3.61. Over the past decade, Shanghai Milkground Food Tech Co's Cyclically Adjusted PS Ratio has ranged from 2.16 to 20.73. According to the industry distribution chart, Shanghai Milkground Food Tech Co ranks #1260 out of 1448 companies in the Consumer Packaged Goods industry, placing it in the top 87%.
Is Shanghai Milkground Food Tech Co's Cyclically Adjusted PS Ratio too high?
Shanghai Milkground Food Tech Co's current Cyclically Adjusted PS Ratio of 3.05 is 16% below median its 10-year median of 3.61. Over the past 10 years, this metric has ranged from a low of 2.16 to a high of 20.73. The Consumer Packaged Goods industry median Cyclically Adjusted PS Ratio is 0.76. Shanghai Milkground Food Tech Co's value of 3.05 is 301.3% above this industry median. Based on the distribution chart, Shanghai Milkground Food Tech Co ranks #1260 out of 1448 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Shanghai Milkground Food Tech Co has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Milkground Food Tech Co's Cyclically Adjusted PS Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Shanghai Milkground Food Tech Co ranks #1260 out of 1448 companies for Cyclically Adjusted PS Ratio. This places Shanghai Milkground Food Tech Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.76. Shanghai Milkground Food Tech Co's value of 3.05 is 301.3% above this benchmark. Historically, Shanghai Milkground Food Tech Co's own Cyclically Adjusted PS Ratio has ranged from 2.16 to 20.73 over the past decade. While the company's 10-year median is 3.61 vs. the industry median of 0.76, Shanghai Milkground Food Tech 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 Consumer Packaged Goods company?
The median Cyclically Adjusted PS Ratio among Consumer Packaged Goods companies is 0.76, based on 1,448 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. Shanghai Milkground Food Tech Co's current Cyclically Adjusted PS Ratio of 3.05 is 301.3% 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 Shanghai Milkground Food Tech Co and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PS Ratio is 0.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Milkground Food Tech Co's current Cyclically Adjusted PS Ratio is 3.05, which is 16% below median its own 10-year median of 3.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Milkground Food Tech Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Milkground Food Tech Co (SHSE:600882) is currently considered Fairly Valued. The stock's GF Value™ is ¥24.33, compared to a current price of ¥22.36 — trading 8.1% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.05, which is 16% below median its 10-year median of 3.61 and 301.3% above the Consumer Packaged Goods industry median of 0.76. Shanghai Milkground Food Tech Co's overall GF Score™ is 79/100 with 8 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 Shanghai Milkground Food Tech Co (SHSE:600882), the current Cyclically Adjusted PS Ratio is 3.05 as of Aug. 09, 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 Shanghai Milkground Food Tech Co (SHSE:600882) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Milkground Food Tech Co stock appears to be undervalued. The current stock price of ¥22.36 is trading 8.1% below its estimated GF Value™ of ¥24.33. GuruFocus considers Shanghai Milkground Food Tech Co to be Fairly Valued.

Key valuation signals for SHSE:600882:

  • Cyclically Adjusted PS Ratio: 3.05 (16% below median its 10-year median of 3.61)
  • GF Value™: ¥24.33 vs. price of ¥22.36 (8.1% below fair value)
  • GF Score™: 79/100 with 8 warning signs
  • Industry Position: 301.3% above the Consumer Packaged Goods median (#1260 of 1448)

No single metric tells the full story. See the SHSE:600882 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Milkground Food Tech Co Business Description

Address No. 1398 Jinqiao Road, 9th Floor, Jintai Building, Pudong New District, Shanghai, CHN, 200136
Shanghai Milkground Food Tech Co Ltd is engaged in research and development, production, and sales of dairy products with a focus on cheese and liquid milk. Some of its products include Cheese sticks 100g; Cheese sticks 500g; Butter Fresh; Refined mozzarella cheese 125g; Refined mozzarella cheese 450g; Mozzarella cheese and others.
79GF Score

Get the complete analysis for SHSE:600882

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

¥22.36
Price
¥24.33
GF Value