Fan Milk (XGHA:FML) Cyclically Adjusted PS Ratio: 3.88 (As of Jul. 12, 2026)


XGHA:FML Fan Milk PLC XGHA:FML
13 GF Score
Price GHS13.30
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What is Fan Milk Cyclically Adjusted PS Ratio?

Fan Milk XGHA:FML 13 Cyclically Adjusted PS Ratio is 3.88 as of Jul. 12, 2026. GuruFocus rates XGHA:FML with a GF Score™ of 13/100.

As of today (2026-07-12), Fan Milk's current share price is GHS13.30. Fan Milk's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec22 was GHS3.43. Fan Milk's Cyclically Adjusted PS Ratio for today is 3.88.

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

XGHA:FML's Cyclically Adjusted PS Ratio is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 0.76
* Ranked among companies with meaningful Cyclically Adjusted PS Ratio only.

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.

Fan Milk's adjusted revenue per share data of for the fiscal year that ended in Dec22 was GHS4.621. 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 GHS3.43 for the trailing ten years ended in Dec22.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fan Milk  (XGHA:FML) 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.


Fan Milk Cyclically Adjusted PS Ratio Related Terms


Fan Milk Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Fan Milk'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.

Fan Milk Cyclically Adjusted PS Ratio Chart

Fan Milk Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec21 Dec22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.32 3.85 1.71 1.38 0.87

Fan Milk Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Dec16 Mar17 Dec17 Dec18 Sep19 Dec19 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 1.38 0.00 0.00 0.00 0.87

XGHA:FML vs KHC, GIS, HRL: Cyclically Adjusted PS Ratio Comparison

For the Packaged Foods subindustry, Fan Milk'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.


Fan Milk Cyclically Adjusted PS Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Fan Milk's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Fan Milk's Cyclically Adjusted PS Ratio falls into.


XGHA:FML
13GF Score
Fan Milk PLC XGHA:FML
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Fan Milk 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.

Fan Milk's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=13.30/3.43
=3.88

* 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.

Fan Milk's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec22 is calculated as:

For example, Fan Milk's adjusted Revenue per Share data for the fiscal year that ended in Dec22 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=4.621/296.7970*296.7970
=4.621

Current CPI (Dec22) = 296.7970.

Fan Milk Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201212 1.267 229.601 1.638
201312 1.196 233.049 1.523
201412 1.527 234.812 1.930
201512 2.714 236.525 3.406
201612 3.325 241.432 4.087
201712 3.838 246.524 4.621
201812 3.352 251.233 3.960
201912 3.653 256.974 4.219
202112 4.028 278.802 4.288
202212 4.621 296.797 4.621

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 3.88 mean?
Fan Milk (XGHA:FML) has a Cyclically Adjusted PS Ratio of 3.88 as of Jul. 12, 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 Fan Milk and its competitors.
Is Fan Milk's Cyclically Adjusted PS Ratio too high?
Fan Milk's current Cyclically Adjusted PS Ratio is 3.88. The Consumer Packaged Goods industry median Cyclically Adjusted PS Ratio is 0.76. Fan Milk's value of 3.88 is 410.5% above this industry median. Overall, Fan Milk has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Fan Milk's Cyclically Adjusted PS Ratio compare to KHC and GIS?
Fan Milk's Cyclically Adjusted PS Ratio of 3.88 can be compared against companies in the Consumer Packaged Goods industry. The industry median Cyclically Adjusted PS Ratio is 0.76. Fan Milk's value of 3.88 is 410.5% above this benchmark. 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 1,447 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. Fan Milk's current Cyclically Adjusted PS Ratio of 3.88 is 410.5% 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 Fan Milk 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. Fan Milk's current Cyclically Adjusted PS Ratio is 3.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fan Milk stock overvalued right now?
Fan Milk (XGHA:FML) has a current Cyclically Adjusted PS Ratio of 3.88. The current Cyclically Adjusted PS Ratio is 3.88 and 410.5% above the Consumer Packaged Goods industry median of 0.76. Fan Milk's overall GF Score™ is 13/100. 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 Fan Milk (XGHA:FML), the current Cyclically Adjusted PS Ratio is 3.88 as of Jul. 12, 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.

Fan Milk Business Description

Address Airport Commercial Centre, 2nd Floor, Grand Oyeman Building, Accra, GHA
Fan Milk PLC engages in the manufacturing and distribution of dairy products and fruit drinks. The company's milk-based products consist of frozen ice creams, chocolate, and yoghurt that includes FanYogo (yoghurt), FanChoco (chocolate), and FanIce (ice cream). Its fruit-based products include FanDango (fruit drink) and FanPop. It distributes its products through independent distributors and agents. The majority of the revenue is derived from the manufacturing and distribution of dairy products and fruit drinks.
13GF Score

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

GHS13.30
Price