Jinhui Liquor Co (SHSE:603919) Cyclically Adjusted PS Ratio: 4.06 (As of Sep. 05, 2026) — 15% Below Median

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SHSE:603919 Jinhui Liquor Co Ltd SHSE:603919
95 GF Score
Price ¥17.74
GF Value ¥20.23
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Jinhui Liquor Co Cyclically Adjusted PS Ratio?

Jinhui Liquor Co SHSE:603919 +2.72% 95 Cyclically Adjusted PS Ratio is 4.06 as of Sep. 05, 2026, which is 15% below its 10-year median of 4.80. GuruFocus rates SHSE:603919 with a GF Score™ of 95/100 and a GF Value™ of ¥20.23 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 170 Beverages - Alcoholic companies, Jinhui Liquor Co ranks worse than 81.18% on this metric.

As of today (2026-09-05), Jinhui Liquor Co's current share price is ¥17.74. Jinhui Liquor Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ¥4.37. Jinhui Liquor Co's Cyclically Adjusted PS Ratio for today is 4.06.

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

SHSE:603919' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.24   Med: 4.8   Max: 6.35
Current: 3.85

During the past years, Jinhui Liquor Co's highest Cyclically Adjusted PS Ratio was 6.35. The lowest was 3.24. And the median was 4.80.

SHSE:603919's Cyclically Adjusted PS Ratio is ranked worse than
81.18% of 170 companies
in the Beverages - Alcoholic industry
Industry Median: 1.44 vs SHSE:603919: 3.85

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.

Jinhui Liquor Co's adjusted revenue per share data for the three months ended in Jun. 2026 was ¥1.424. 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 ¥4.37 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jinhui Liquor Co  (SHSE:603919) 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.


Jinhui Liquor Co Cyclically Adjusted PS Ratio Related Terms


Jinhui Liquor Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Jinhui Liquor 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.

Jinhui Liquor Co Cyclically Adjusted PS Ratio Chart

Jinhui Liquor 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 6.65 4.98 4.88

Jinhui Liquor 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 4.40 4.85 4.88 4.12 3.44

SHSE:603919 vs BF.B: Cyclically Adjusted PS Ratio Comparison

For the Beverages - Wineries & Distilleries subindustry, Jinhui Liquor 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.


Jinhui Liquor Co Cyclically Adjusted PS Ratio vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Jinhui Liquor Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


SHSE:603919
95GF Score
Jinhui Liquor Co Ltd SHSE:603919
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jinhui Liquor 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.

Jinhui Liquor Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=17.74/4.37
=4.06

* 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.

Jinhui Liquor Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Jinhui Liquor 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)
=1.424/116.0564*116.0564
=1.424

Current CPI (Jun. 2026) = 116.0564.

Jinhui Liquor Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.549 102.400 0.622
201612 0.993 102.600 1.123
201703 0.970 103.200 1.091
201706 0.549 103.100 0.618
201709 0.489 104.100 0.545
201712 0.783 104.500 0.870
201803 1.021 105.300 1.125
201806 0.645 104.900 0.714
201809 0.467 106.600 0.508
201812 1.053 106.500 1.147
201903 1.087 107.700 1.171
201906 0.613 107.700 0.661
201909 0.635 109.800 0.671
201912 1.076 111.200 1.123
202003 0.651 112.300 0.673
202006 0.776 110.400 0.816
202009 0.692 111.700 0.719
202012 1.365 111.500 1.421
202103 1.014 112.662 1.045
202106 0.906 111.769 0.941
202109 0.729 112.215 0.754
202112 0.875 113.108 0.898
202203 1.371 114.335 1.392
202206 1.052 114.558 1.066
202209 0.648 115.339 0.652
202212 0.823 115.116 0.830
202303 1.769 115.116 1.783
202306 1.229 114.558 1.245
202309 0.998 115.339 1.004
202312 1.038 114.781 1.050
202403 2.120 115.227 2.135
202406 1.334 114.781 1.349
202409 1.156 115.785 1.159
202412 1.379 114.893 1.393
202503 2.228 115.116 2.246
202506 1.268 114.907 1.281
202509 1.078 115.471 1.083
202512 1.208 115.832 1.210
202603 2.136 116.303 2.131
202606 1.424 116.056 1.424

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 4.06 mean?
Jinhui Liquor Co (SHSE:603919) has a Cyclically Adjusted PS Ratio of 4.06 as of Sep. 05, 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 Jinhui Liquor Co and its competitors. This is 15% below median its historical median of 4.80. Over the past decade, Jinhui Liquor Co's Cyclically Adjusted PS Ratio has ranged from 3.24 to 6.35. According to the industry distribution chart, Jinhui Liquor Co ranks #138 out of 170 companies in the Beverages - Alcoholic industry, placing it in the top 81.2%.
Is Jinhui Liquor Co's Cyclically Adjusted PS Ratio too high?
Jinhui Liquor Co's current Cyclically Adjusted PS Ratio of 4.06 is 15% below median its 10-year median of 4.80. Over the past 10 years, this metric has ranged from a low of 3.24 to a high of 6.35. The Beverages - Alcoholic industry median Cyclically Adjusted PS Ratio is 1.44. Jinhui Liquor Co's value of 4.06 is 181.9% above this industry median. Based on the distribution chart, Jinhui Liquor Co ranks #138 out of 170 companies in the Beverages - Alcoholic industry, which is in the bottom quartile relative to peers. Overall, Jinhui Liquor Co has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jinhui Liquor Co's Cyclically Adjusted PS Ratio compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Jinhui Liquor Co ranks #138 out of 170 companies for Cyclically Adjusted PS Ratio. This places Jinhui Liquor Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.44. Jinhui Liquor Co's value of 4.06 is 181.9% above this benchmark. Historically, Jinhui Liquor Co's own Cyclically Adjusted PS Ratio has ranged from 3.24 to 6.35 over the past decade. While the company's 10-year median is 4.80 vs. the industry median of 1.44, Jinhui Liquor 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 Beverages - Alcoholic company?
The median Cyclically Adjusted PS Ratio among Beverages - Alcoholic companies is 1.44, based on 170 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. Jinhui Liquor Co's current Cyclically Adjusted PS Ratio of 4.06 is 181.9% 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 Jinhui Liquor Co and its competitors. For the Beverages - Alcoholic industry, the median Cyclically Adjusted PS Ratio is 1.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jinhui Liquor Co's current Cyclically Adjusted PS Ratio is 4.06, which is 15% below median its own 10-year median of 4.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jinhui Liquor Co stock overvalued right now?
Based on GuruFocus' analysis, Jinhui Liquor Co (SHSE:603919) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥20.23, compared to a current price of ¥17.74 — trading 12.3% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.06, which is 15% below median its 10-year median of 4.80 and 181.9% above the Beverages - Alcoholic industry median of 1.44. Jinhui Liquor Co's overall GF Score™ is 95/100 with 5 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 Jinhui Liquor Co (SHSE:603919), the current Cyclically Adjusted PS Ratio is 4.06 as of Sep. 05, 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 Jinhui Liquor Co (SHSE:603919) Overvalued in 2026?

Based on GuruFocus' analysis, Jinhui Liquor Co stock appears to be undervalued. The current stock price of ¥17.74 is trading 12.3% below its estimated GF Value™ of ¥20.23. GuruFocus considers Jinhui Liquor Co to be Modestly Undervalued.

Key valuation signals for SHSE:603919:

  • Cyclically Adjusted PS Ratio: 4.06 (15% below median its 10-year median of 4.80)
  • GF Value™: ¥20.23 vs. price of ¥17.74 (12.3% below fair value)
  • GF Score™: 95/100 with 5 warning signs
  • Industry Position: 181.9% above the Beverages - Alcoholic median (#138 of 170)

No single metric tells the full story. See the SHSE:603919 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jinhui Liquor Co Business Description

Address Huixian, Gansu Province, Longnan, CHN, 742 300
Jinhui Liquor Co Ltd engages in manufacturing and sales of wine & liquor, as well as design, development, manufacturing, and sale of packaging materials.
95GF Score

Get the complete analysis for SHSE:603919

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

¥17.74
Price
¥20.23
GF Value