Fortune Ng Fung Food (hebei) Co (SHSE:600965) Cyclically Adjusted PS Ratio: 1.79 (As of Aug. 19, 2026) — 50% Below Median

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SHSE:600965 Fortune Ng Fung Food (hebei) Co Ltd SHSE:600965
50 GF Score
Price ¥2.83
GF Value ¥5.79
Valuation Possible Value Trap
! 4 Warning Signs
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What is Fortune Ng Fung Food (hebei) Co Cyclically Adjusted PS Ratio?

Fortune Ng Fung Food (hebei) Co SHSE:600965 -7.21% 50 Cyclically Adjusted PS Ratio is 1.79 as of Aug. 19, 2026, which is 50% below its 10-year median of 3.57. GuruFocus rates SHSE:600965 with a GF Score™ of 50/100 and a GF Value™ of ¥5.79 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,446 Consumer Packaged Goods companies, Fortune Ng Fung Food (hebei) Co ranks worse than 71.92% on this metric.

As of today (2026-08-19), Fortune Ng Fung Food (hebei) Co's current share price is ¥2.83. Fortune Ng Fung Food (hebei) Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ¥1.58. Fortune Ng Fung Food (hebei) Co's Cyclically Adjusted PS Ratio for today is 1.79.

The historical rank and industry rank for Fortune Ng Fung Food (hebei) Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SHSE:600965' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.53   Med: 3.57   Max: 8.46
Current: 1.64

During the past years, Fortune Ng Fung Food (hebei) Co's highest Cyclically Adjusted PS Ratio was 8.46. The lowest was 1.53. And the median was 3.57.

SHSE:600965's Cyclically Adjusted PS Ratio is ranked worse than
71.92% of 1446 companies
in the Consumer Packaged Goods industry
Industry Median: 0.765 vs SHSE:600965: 1.64

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.

Fortune Ng Fung Food (hebei) Co's adjusted revenue per share data for the three months ended in Mar. 2026 was ¥0.374. 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 ¥1.58 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fortune Ng Fung Food (hebei) Co  (SHSE:600965) 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.


Fortune Ng Fung Food (hebei) Co Cyclically Adjusted PS Ratio Related Terms


Fortune Ng Fung Food (hebei) Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Fortune Ng Fung Food (hebei) 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.

Fortune Ng Fung Food (hebei) Co Cyclically Adjusted PS Ratio Chart

Fortune Ng Fung Food (hebei) 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 3.25 4.37 3.63 2.71 3.76

Fortune Ng Fung Food (hebei) 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 3.95 3.10 3.04 3.76 3.65

SHSE:600965 vs ADM, BG, TSN: Cyclically Adjusted PS Ratio Comparison

For the Farm Products subindustry, Fortune Ng Fung Food (hebei) 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.


Fortune Ng Fung Food (hebei) Co Cyclically Adjusted PS Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Fortune Ng Fung Food (hebei) Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Fortune Ng Fung Food (hebei) Co's Cyclically Adjusted PS Ratio falls into.


SHSE:600965
50GF Score
Fortune Ng Fung Food (hebei) Co Ltd SHSE:600965
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Fortune Ng Fung Food (hebei) 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.

Fortune Ng Fung Food (hebei) Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.83/1.58
=1.79

* 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.

Fortune Ng Fung Food (hebei) Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Fortune Ng Fung Food (hebei) 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)
=0.374/116.3033*116.3033
=0.374

Current CPI (Mar. 2026) = 116.3033.

Fortune Ng Fung Food (hebei) Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.384 101.400 0.440
201609 0.425 102.400 0.483
201612 0.454 102.600 0.515
201703 0.364 103.200 0.410
201706 0.394 103.100 0.444
201709 0.482 104.100 0.539
201712 0.392 104.500 0.436
201803 0.390 105.300 0.431
201806 0.437 104.900 0.485
201809 0.497 106.600 0.542
201812 0.439 106.500 0.479
201903 0.467 107.700 0.504
201906 0.416 107.700 0.449
201909 0.490 109.800 0.519
201912 0.396 111.200 0.414
202003 0.276 112.300 0.286
202006 0.282 110.400 0.297
202009 0.376 111.700 0.391
202012 0.393 111.500 0.410
202103 0.352 112.662 0.363
202106 0.425 111.769 0.442
202109 0.425 112.215 0.440
202112 0.348 113.108 0.358
202203 0.387 114.335 0.394
202206 0.298 114.558 0.303
202209 0.385 115.339 0.388
202212 0.242 115.116 0.244
202303 0.371 115.116 0.375
202306 0.326 114.558 0.331
202309 0.326 115.339 0.329
202312 0.255 114.781 0.258
202403 0.301 115.227 0.304
202406 0.262 114.781 0.265
202409 0.467 115.785 0.469
202412 0.246 114.893 0.249
202503 0.331 115.116 0.334
202506 0.320 114.907 0.324
202509 0.383 115.471 0.386
202512 0.394 115.832 0.396
202603 0.374 116.303 0.374

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 1.79 mean?
Fortune Ng Fung Food (hebei) Co (SHSE:600965) has a Cyclically Adjusted PS Ratio of 1.79 as of Aug. 19, 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 Fortune Ng Fung Food (hebei) Co and its competitors. This is 50% below median its historical median of 3.57. Over the past decade, Fortune Ng Fung Food (hebei) Co's Cyclically Adjusted PS Ratio has ranged from 1.53 to 8.46. According to the industry distribution chart, Fortune Ng Fung Food (hebei) Co ranks #1040 out of 1446 companies in the Consumer Packaged Goods industry, placing it in the top 71.9%.
Is Fortune Ng Fung Food (hebei) Co's Cyclically Adjusted PS Ratio too high?
Fortune Ng Fung Food (hebei) Co's current Cyclically Adjusted PS Ratio of 1.79 is 50% below median its 10-year median of 3.57. Over the past 10 years, this metric has ranged from a low of 1.53 to a high of 8.46. The Consumer Packaged Goods industry median Cyclically Adjusted PS Ratio is 0.77. Fortune Ng Fung Food (hebei) Co's value of 1.79 is 134% above this industry median. Based on the distribution chart, Fortune Ng Fung Food (hebei) Co ranks #1040 out of 1446 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Fortune Ng Fung Food (hebei) Co has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Fortune Ng Fung Food (hebei) Co's Cyclically Adjusted PS Ratio compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Fortune Ng Fung Food (hebei) Co ranks #1040 out of 1446 companies for Cyclically Adjusted PS Ratio. This places Fortune Ng Fung Food (hebei) Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.77. Fortune Ng Fung Food (hebei) Co's value of 1.79 is 134% above this benchmark. Historically, Fortune Ng Fung Food (hebei) Co's own Cyclically Adjusted PS Ratio has ranged from 1.53 to 8.46 over the past decade. While the company's 10-year median is 3.57 vs. the industry median of 0.77, Fortune Ng Fung Food (hebei) 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 0.77, based on 1,446 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. Fortune Ng Fung Food (hebei) Co's current Cyclically Adjusted PS Ratio of 1.79 is 134% 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 Fortune Ng Fung Food (hebei) Co and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PS Ratio is 0.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fortune Ng Fung Food (hebei) Co's current Cyclically Adjusted PS Ratio is 1.79, which is 50% below median its own 10-year median of 3.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortune Ng Fung Food (hebei) Co stock overvalued right now?
Based on GuruFocus' analysis, Fortune Ng Fung Food (hebei) Co (SHSE:600965) is currently considered Possible Value Trap. The stock's GF Value™ is ¥5.79, compared to a current price of ¥2.83 — trading 51.1% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.79, which is 50% below median its 10-year median of 3.57 and 134% above the Consumer Packaged Goods industry median of 0.77. Fortune Ng Fung Food (hebei) Co's overall GF Score™ is 50/100 with 4 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 Fortune Ng Fung Food (hebei) Co (SHSE:600965), the current Cyclically Adjusted PS Ratio is 1.79 as of Aug. 19, 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 Fortune Ng Fung Food (hebei) Co (SHSE:600965) Overvalued in 2026?

Based on GuruFocus' analysis, Fortune Ng Fung Food (hebei) Co stock appears to be undervalued. The current stock price of ¥2.83 is trading 51.1% below its estimated GF Value™ of ¥5.79. GuruFocus considers Fortune Ng Fung Food (hebei) Co to be Possible Value Trap.

Key valuation signals for SHSE:600965:

  • Cyclically Adjusted PS Ratio: 1.79 (50% below median its 10-year median of 3.57)
  • GF Value™: ¥5.79 vs. price of ¥2.83 (51.1% below fair value)
  • GF Score™: 50/100 with 4 warning signs
  • Industry Position: 134% above the Consumer Packaged Goods median (#1040 of 1446)

No single metric tells the full story. See the SHSE:600965 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fortune Ng Fung Food (hebei) Co Business Description

Address Yanjiao Economic and Technology Development Zone, Hebei Province, Sanhe, CHN, 065201
Fortune Ng Fung Food (hebei) Co Ltd is engaged in the cattle breeding and dairy farming businesses in China. It is primarily involved in beef cattle breeding, dairy farming, beef cattle slaughter and processing, milk production, food chain, feed production and organic fertilizer production. The company's main products are live cattle, beef, lamb, meat products, dairy cows, dairy products, fast food, hot pot chain and so on. Geographically the business activities are carried out through China.
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Get the complete analysis for SHSE:600965

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

¥2.83
Price
¥5.79
GF Value