Shede Spirits Co (SHSE:600702) PS Ratio: 2.48 (As of Jul. 18, 2026) — 53% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:600702 Shede Spirits Co Ltd SHSE:600702
79 GF Score
Price ¥32.72
GF Value ¥50.66
Valuation Possible Value Trap
! 10 Warning Signs
View Full Analysis

What is Shede Spirits Co PS Ratio?

Shede Spirits Co SHSE:600702 -4.88% 79 PS Ratio is 2.48 as of Jul. 18, 2026, which is 53% below its 10-year median of 5.33. GuruFocus rates SHSE:600702 with a GF Score™ of 79/100 and a GF Value™ of ¥50.66 (Possible Value Trap). The stock has 10 warning signs investors should review. Among 208 Beverages - Alcoholic companies, Shede Spirits Co ranks worse than 62.98% on this metric.

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Shede Spirits Co's share price is ¥32.72. Shede Spirits Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ¥13.20. Hence, Shede Spirits Co's PS Ratio for today is 2.48.

Good Sign:

Shede Spirits Co Ltd stock PS Ratio (=2.48) is close to 1-year low of 2.48.

The historical rank and industry rank for Shede Spirits Co's PS Ratio or its related term are showing as below:

SHSE:600702' s PS Ratio Range Over the Past 10 Years
Min: 1.98   Med: 5.33   Max: 23.42
Current: 2.48

During the past 13 years, Shede Spirits Co's highest PS Ratio was 23.42. The lowest was 1.98. And the median was 5.33.

SHSE:600702's PS Ratio is ranked worse than
62.98% of 208 companies
in the Beverages - Alcoholic industry
Industry Median: 1.71 vs SHSE:600702: 2.48

Shede Spirits Co's Revenue per Sharefor the three months ended in Mar. 2026 was ¥4.52. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ¥13.20.

Warning Sign:

Shede Spirits Co Ltd revenue per share has been in decline over the past 3 years.

During the past 12 months, the average Revenue per Share Growth Rate of Shede Spirits Co was -10.20% per year. During the past 3 years, the average Revenue per Share Growth Rate was -9.70% per year. During the past 5 years, the average Revenue per Share Growth Rate was 8.80% per year. During the past 10 years, the average Revenue per Share Growth Rate was 19.20% per year.

During the past 13 years, Shede Spirits Co's highest 3-Year average Revenue per Share Growth Rate was 39.40% per year. The lowest was -16.20% per year. And the median was 3.35% per year.

Back to Basics: PS Ratio


Shede Spirits Co  (SHSE:600702) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


Shede Spirits Co PS Ratio Related Terms


Shede Spirits Co PS Ratio Historical Data

* Premium members only.

The historical data trend for Shede Spirits Co's 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.

Shede Spirits Co PS Ratio Chart

Shede Spirits Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.15 8.71 4.52 4.04 4.16

Shede Spirits Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 3.74 3.51 4.23 4.16 3.43

SHSE:600702 vs BF.B: PS Ratio Comparison

For the Beverages - Wineries & Distilleries subindustry, Shede Spirits Co's PS Ratio, along with its competitors' market caps and 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.


Shede Spirits Co PS Ratio vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Shede Spirits Co's PS Ratio distribution charts can be found below:

* The bar in red indicates where Shede Spirits Co's PS Ratio falls into.


SHSE:600702
79GF Score
Shede Spirits Co Ltd SHSE:600702
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shede Spirits Co PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

Shede Spirits Co's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=32.72/13.196
=2.48

Shede Spirits Co's Share Price of today is ¥32.72.
Shede Spirits Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥13.20.

* 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.

It can also be calculated from the numbers for the whole company:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.

Frequently Asked Questions Learn more about PS Ratio →
What does a PS Ratio of 2.48 mean?
Shede Spirits Co (SHSE:600702) has a PS Ratio of 2.48 as of Jul. 18, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Shede Spirits Co and its competitors. This is 53% below median its historical median of 5.33. Over the past decade, Shede Spirits Co's PS Ratio has ranged from 1.98 to 23.42. According to the industry distribution chart, Shede Spirits Co ranks #131 out of 208 companies in the Beverages - Alcoholic industry, placing it in the top 63%.
Is Shede Spirits Co's PS Ratio too high?
Shede Spirits Co's current PS Ratio of 2.48 is 53% below median its 10-year median of 5.33. Over the past 10 years, this metric has ranged from a low of 1.98 to a high of 23.42. The Beverages - Alcoholic industry median PS Ratio is 1.71. Shede Spirits Co's value of 2.48 is 45% above this industry median. Based on the distribution chart, Shede Spirits Co ranks #131 out of 208 companies in the Beverages - Alcoholic industry, which is below the industry midpoint. Overall, Shede Spirits Co has a GF Score™ of 79/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shede Spirits Co's PS Ratio compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Shede Spirits Co ranks #131 out of 208 companies for PS Ratio. This places Shede Spirits Co in the lower half of its industry. The industry median PS Ratio is 1.71. Shede Spirits Co's value of 2.48 is 45% above this benchmark. Historically, Shede Spirits Co's own PS Ratio has ranged from 1.98 to 23.42 over the past decade. While the company's 10-year median is 5.33 vs. the industry median of 1.71, Shede Spirits 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 PS Ratio for a Beverages - Alcoholic company?
The median PS Ratio among Beverages - Alcoholic companies is 1.71, based on 208 companies in the industry. Companies in the top quartile (top 25%) have a PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Shede Spirits Co's current PS Ratio of 2.48 is 45% 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 PS Ratio mean?
A high PS Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Shede Spirits Co and its competitors. For the Beverages - Alcoholic industry, the median PS Ratio is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shede Spirits Co's current PS Ratio is 2.48, which is 53% below median its own 10-year median of 5.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shede Spirits Co stock overvalued right now?
Based on GuruFocus' analysis, Shede Spirits Co (SHSE:600702) is currently considered Possible Value Trap. The stock's GF Value™ is ¥50.66, compared to a current price of ¥32.72 — trading 35.4% below its estimated fair value. The current PS Ratio is 2.48, which is 53% below median its 10-year median of 5.33 and 45% above the Beverages - Alcoholic industry median of 1.71. Shede Spirits Co's overall GF Score™ is 79/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For Shede Spirits Co (SHSE:600702), the current PS Ratio is 2.48 as of Jul. 18, 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 Shede Spirits Co (SHSE:600702) Overvalued in 2026?

Based on GuruFocus' analysis, Shede Spirits Co stock appears to be undervalued. The current stock price of ¥32.72 is trading 35.4% below its estimated GF Value™ of ¥50.66. GuruFocus considers Shede Spirits Co to be Possible Value Trap.

Key valuation signals for SHSE:600702:

  • PS Ratio: 2.48 (53% below median its 10-year median of 5.33)
  • GF Value™: ¥50.66 vs. price of ¥32.72 (35.4% below fair value)
  • GF Score™: 79/100 with 10 warning signs
  • Industry Position: 45% above the Beverages - Alcoholic median (#131 of 208)

No single metric tells the full story. See the SHSE:600702 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shede Spirits Co Business Description

Address No. 999, Tuopai Avenue, Tuopai Town, Sichuan Province, Shehong, CHN, 629209
Shede Spirits Co Ltd manufactures liquor products. The company produces high-end liquor, low-end liquor, mid-end liquor, and other products. Shede Spirits markets its products throughout China.
79GF Score

Get the complete analysis for SHSE:600702

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

¥32.72
Price
¥50.66
GF Value