QuMei Home Furnishings Group Co (SHSE:603818) Cyclically Adjusted PS Ratio: 0.49 (As of Aug. 19, 2026) — Near Median

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SHSE:603818 QuMei Home Furnishings Group Co Ltd SHSE:603818
51 GF Score
Price ¥3.60
GF Value ¥3.77
Valuation Fairly Valued
! 8 Warning Signs
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What is QuMei Home Furnishings Group Co Cyclically Adjusted PS Ratio?

QuMei Home Furnishings Group Co SHSE:603818 -2.96% 51 Cyclically Adjusted PS Ratio is 0.49 as of Aug. 19, 2026, which is 6% below its 10-year median of 0.52. GuruFocus rates SHSE:603818 with a GF Score™ of 51/100 and a GF Value™ of ¥3.77 (Fairly Valued). The stock has 8 warning signs investors should review. Among 334 Furnishings, Fixtures & Appliances companies, QuMei Home Furnishings Group Co ranks better than 61.08% on this metric.

As of today (2026-08-19), QuMei Home Furnishings Group Co's current share price is ¥3.60. QuMei Home Furnishings Group Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ¥7.36. QuMei Home Furnishings Group Co's Cyclically Adjusted PS Ratio for today is 0.49.

The historical rank and industry rank for QuMei Home Furnishings Group Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SHSE:603818' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.31   Med: 0.52   Max: 0.97
Current: 0.49

During the past years, QuMei Home Furnishings Group Co's highest Cyclically Adjusted PS Ratio was 0.97. The lowest was 0.31. And the median was 0.52.

SHSE:603818's Cyclically Adjusted PS Ratio is ranked better than
61.08% of 334 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.72 vs SHSE:603818: 0.49

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.

QuMei Home Furnishings Group Co's adjusted revenue per share data for the three months ended in Mar. 2026 was ¥1.366. 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 ¥7.36 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


QuMei Home Furnishings Group Co  (SHSE:603818) 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.


QuMei Home Furnishings Group Co Cyclically Adjusted PS Ratio Related Terms


QuMei Home Furnishings Group Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for QuMei Home Furnishings Group 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.

QuMei Home Furnishings Group Co Cyclically Adjusted PS Ratio Chart

QuMei Home Furnishings Group 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 0.00 0.00 0.78 0.39 0.50

QuMei Home Furnishings Group 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 0.40 0.72 0.53 0.50 0.48

SHSE:603818 vs SN, SGI, MHK: Cyclically Adjusted PS Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, QuMei Home Furnishings Group 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.


QuMei Home Furnishings Group Co Cyclically Adjusted PS Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, QuMei Home Furnishings Group Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where QuMei Home Furnishings Group Co's Cyclically Adjusted PS Ratio falls into.


SHSE:603818
51GF Score
QuMei Home Furnishings Group Co Ltd SHSE:603818
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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QuMei Home Furnishings Group 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.

QuMei Home Furnishings Group Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.60/7.36
=0.49

* 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.

QuMei Home Furnishings Group Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, QuMei Home Furnishings Group 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)
=1.366/116.3033*116.3033
=1.366

Current CPI (Mar. 2026) = 116.3033.

QuMei Home Furnishings Group Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.968 101.400 1.110
201609 0.956 102.400 1.086
201612 1.034 102.600 1.172
201703 0.688 103.200 0.775
201706 1.166 103.100 1.315
201709 1.126 104.100 1.258
201712 1.397 104.500 1.555
201803 0.845 105.300 0.933
201806 1.225 104.900 1.358
201809 1.457 106.600 1.590
201812 2.214 106.500 2.418
201903 1.704 107.700 1.840
201906 2.749 107.700 2.969
201909 5.912 109.800 6.262
201912 2.948 111.200 3.083
202003 1.735 112.300 1.797
202006 1.672 110.400 1.761
202009 2.050 111.700 2.134
202012 2.660 111.500 2.775
202103 2.059 112.662 2.126
202106 2.242 111.769 2.333
202109 2.089 112.215 2.165
202112 2.463 113.108 2.533
202203 2.258 114.335 2.297
202206 2.186 114.558 2.219
202209 2.106 115.339 2.124
202212 1.477 115.116 1.492
202303 1.610 115.116 1.627
202306 1.754 114.558 1.781
202309 1.626 115.339 1.640
202312 1.906 114.781 1.931
202403 1.340 115.227 1.353
202406 1.268 114.781 1.285
202409 1.206 115.785 1.211
202412 1.436 114.893 1.454
202503 2.067 115.116 2.088
202506 0.933 114.907 0.944
202509 1.230 115.471 1.239
202512 1.232 115.832 1.237
202603 1.366 116.303 1.366

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 0.49 mean?
QuMei Home Furnishings Group Co (SHSE:603818) has a Cyclically Adjusted PS Ratio of 0.49 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 QuMei Home Furnishings Group Co and its competitors. This is near median its historical median of 0.52. Over the past decade, QuMei Home Furnishings Group Co's Cyclically Adjusted PS Ratio has ranged from 0.31 to 0.97. According to the industry distribution chart, QuMei Home Furnishings Group Co ranks #130 out of 334 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 38.9%.
Is QuMei Home Furnishings Group Co's Cyclically Adjusted PS Ratio too high?
QuMei Home Furnishings Group Co's current Cyclically Adjusted PS Ratio of 0.49 is near median its 10-year median of 0.52. Over the past 10 years, this metric has ranged from a low of 0.31 to a high of 0.97. The Furnishings, Fixtures & Appliances industry median Cyclically Adjusted PS Ratio is 0.72. QuMei Home Furnishings Group Co's value of 0.49 is 31.9% below this industry median. Based on the distribution chart, QuMei Home Furnishings Group Co ranks #130 out of 334 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, QuMei Home Furnishings Group Co has a GF Score™ of 51/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does QuMei Home Furnishings Group Co's Cyclically Adjusted PS Ratio compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, QuMei Home Furnishings Group Co ranks #130 out of 334 companies for Cyclically Adjusted PS Ratio. This puts QuMei Home Furnishings Group Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.72. QuMei Home Furnishings Group Co's value of 0.49 is 31.9% below this benchmark. Historically, QuMei Home Furnishings Group Co's own Cyclically Adjusted PS Ratio has ranged from 0.31 to 0.97 over the past decade. While the company's 10-year median is 0.52 vs. the industry median of 0.72, QuMei Home Furnishings Group Co has consistently been below 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 Furnishings, Fixtures & Appliances company?
The median Cyclically Adjusted PS Ratio among Furnishings, Fixtures & Appliances companies is 0.72, based on 334 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. QuMei Home Furnishings Group Co's current Cyclically Adjusted PS Ratio of 0.49 is 31.9% below 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 QuMei Home Furnishings Group Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Cyclically Adjusted PS Ratio is 0.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. QuMei Home Furnishings Group Co's current Cyclically Adjusted PS Ratio is 0.49, which is near median its own 10-year median of 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is QuMei Home Furnishings Group Co stock overvalued right now?
Based on GuruFocus' analysis, QuMei Home Furnishings Group Co (SHSE:603818) is currently considered Fairly Valued. The stock's GF Value™ is ¥3.77, compared to a current price of ¥3.60 — trading 4.5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.49, which is near median its 10-year median of 0.52 and 31.9% below the Furnishings, Fixtures & Appliances industry median of 0.72. QuMei Home Furnishings Group Co's overall GF Score™ is 51/100 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 QuMei Home Furnishings Group Co (SHSE:603818), the current Cyclically Adjusted PS Ratio is 0.49 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 QuMei Home Furnishings Group Co (SHSE:603818) Overvalued in 2026?

Based on GuruFocus' analysis, QuMei Home Furnishings Group Co stock appears to be undervalued. The current stock price of ¥3.60 is trading 4.5% below its estimated GF Value™ of ¥3.77. GuruFocus considers QuMei Home Furnishings Group Co to be Fairly Valued.

Key valuation signals for SHSE:603818:

  • Cyclically Adjusted PS Ratio: 0.49 (near median its 10-year median of 0.52)
  • GF Value™: ¥3.77 vs. price of ¥3.60 (4.5% below fair value)
  • GF Score™: 51/100 with 8 warning signs
  • Industry Position: 31.9% below the Furnishings, Fixtures & Appliances median (#130 of 334)

No single metric tells the full story. See the SHSE:603818 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


QuMei Home Furnishings Group Co Business Description

Address No. 51, Wangjing North Road, Building 8, Chaoyang District, Beijing, CHN, 100102
QuMei Home Furnishings Group Co Ltd is mainly engaged in the design, production, and sales of medium and high-end civilian furniture and supporting household products, providing consumers with a whole home. It offers wooden furniture including solid wood furniture, man-made board furniture, and integrated furniture. Its products are divided into custom furniture, finished furniture and home accessories by category, divided into solid wood and board wood according to materials.
51GF Score

Get the complete analysis for SHSE:603818

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

¥3.60
Price
¥3.77
GF Value