Yueyang Forest & Paper Co (SHSE:600963) Cyclically Adjusted PS Ratio: (As of Aug. 27, 2026)

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SHSE:600963 Yueyang Forest & Paper Co Ltd SHSE:600963
56 GF Score
Price ¥3.51
GF Value ¥5.07
Valuation Possible Value Trap
! 8 Warning Signs
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What is Yueyang Forest & Paper Co Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Yueyang Forest & Paper Co  (SHSE:600963) 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.


Yueyang Forest & Paper Co Cyclically Adjusted PS Ratio Related Terms


Yueyang Forest & Paper Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Yueyang Forest & Paper 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.

Yueyang Forest & Paper Co Cyclically Adjusted PS Ratio Chart

Yueyang Forest & Paper 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 1.59 1.12 1.23 1.09 1.00

Yueyang Forest & Paper 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 0.95 0.95 1.00 1.00 0.00

Yueyang Forest & Paper Co Cyclically Adjusted PS Ratio Competitor Comparison

For the Paper & Paper Products subindustry, Yueyang Forest & Paper 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.


Yueyang Forest & Paper Co Cyclically Adjusted PS Ratio vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Yueyang Forest & Paper Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Yueyang Forest & Paper Co's Cyclically Adjusted PS Ratio falls into.


SHSE:600963
56GF Score
Yueyang Forest & Paper Co Ltd SHSE:600963
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Yueyang Forest & Paper 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.

Yueyang Forest & Paper Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Yueyang Forest & Paper 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)
=2.051/116.0564*116.0564
=2.051

Current CPI (Jun. 2026) = 116.0564.

Yueyang Forest & Paper Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.830 102.400 0.941
201612 1.054 102.600 1.192
201703 0.869 103.200 0.977
201706 0.796 103.100 0.896
201709 0.965 104.100 1.076
201712 1.184 104.500 1.315
201803 0.888 105.300 0.979
201806 0.978 104.900 1.082
201809 0.895 106.600 0.974
201812 1.077 106.500 1.174
201903 0.765 107.700 0.824
201906 1.249 107.700 1.346
201909 1.302 109.800 1.376
201912 1.707 111.200 1.782
202003 0.924 112.300 0.955
202006 0.831 110.400 0.874
202009 1.040 111.700 1.081
202012 1.162 111.500 1.209
202103 1.093 112.662 1.126
202106 1.126 111.769 1.169
202109 1.047 112.215 1.083
202112 1.208 113.108 1.239
202203 0.941 114.335 0.955
202206 1.255 114.558 1.271
202209 1.469 115.339 1.478
202212 1.898 115.116 1.914
202303 1.442 115.116 1.454
202306 1.293 114.558 1.310
202309 1.245 115.339 1.253
202312 1.224 114.781 1.238
202403 1.360 115.227 1.370
202406 1.478 114.781 1.494
202409 1.031 115.785 1.033
202412 0.548 114.893 0.554
202503 1.291 115.116 1.302
202506 1.224 114.907 1.236
202509 1.139 115.471 1.145
202512 1.148 115.832 1.150
202603 1.513 116.303 1.510
202606 2.051 116.056 2.051

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 Yueyang Forest & Paper Co (SHSE:600963) Overvalued in 2026?

Based on GuruFocus' analysis, Yueyang Forest & Paper Co stock appears to be undervalued. The current stock price of ¥3.51 is trading 30.8% below its estimated GF Value™ of ¥5.07. GuruFocus considers Yueyang Forest & Paper Co to be Possible Value Trap.

Key valuation signals for SHSE:600963:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: ¥5.07 vs. price of ¥3.51 (30.8% below fair value)
  • GF Score™: 56/100 with 8 warning signs

No single metric tells the full story. See the SHSE:600963 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Yueyang Forest & Paper Co Business Description

Address Hongjiazhou, Chenglingji, Yueyang, Hunan, CHN, 414002
Yueyang Forest & Paper Co Ltd is a China-based cultural paper, industrial paper, packaging paper production enterprise. The company's products are offset printing paper, digital printing paper, copy paper, refined lightweight coated paper, lightweight coated paper, light offset paper, industrial base paper, refined kraft paper, stretch paper bag paper and others. The products are offered to publishers, magazines, large printing plants, paper products processing companies, paper products dealers and others. The company's product enjoys a high reputation in China and its products are exported to many countries and regions.
56GF Score

Get the complete analysis for SHSE:600963

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

¥3.51
Price
¥5.07
GF Value