To the full analysis
Nongfu Spring stock: valuation and P/E
9633.HKNongfu Spring trades at a P/E of 25.5 (Beverages (Non-Alcoholic) median 17.6, own median of recent years 44.7).
Daily figure as of 13 Nov 2026
P/E
25.5
P/S
7.7
P/B
11.68
PEG
1.66
P/E on expected earnings
The forward P/E of 21.4 divides the price by the earnings per share that 22 analysts expect on average for the next twelve months: $0.27. The twelve months are made up pro rata of the estimates for fiscal 2026 and 2027.
21.4
P/E on fiscal 2026
23.7
on estimated fiscal 2026 earnings ($0.24 per share)
P/E on fiscal 2027
21.1
on estimated fiscal 2027 earnings ($0.27 per share)
Analysts mostly estimate adjusted earnings, excluding amortization of acquisitions and other one-off items. The estimates change all the time; they are no promise and no price target.
Against its own valuation history
Each fiscal year is shown with its P/E on the year-end date, using the price at the time.
P/E
25.5
Median of prior years
44.7
Reading
cheaper than usual
P/E at each fiscal year end
Figures as a table
| Year | P/E |
|---|---|
| 2020 | 96.2 |
| 2021 | 65.5 |
| 2022 | 51.2 |
| 2023 | 38.2 |
| 2024 | 29.5 |
| 2025 | 29.8 |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = HK$7.8782, $1 = CN¥6.6683)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong, published since 7 Nov 2026 (in the score history since 30 Sep 2021)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.