Qingdao Gon Technology Co (HKSE:02768) Cyclically Adjusted Book per Share: HK$7.36 (As of Jun. 2026)

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HKSE:02768 Qingdao Gon Technology Co Ltd HKSE:02768
59 GF Score
Price HK$38.22
GF Value HK$18.12
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Qingdao Gon Technology Co Cyclically Adjusted Book per Share?

Qingdao Gon Technology Co HKSE:02768 -0.26% 59 Cyclically Adjusted Book per Share is HK$7.36 as of Jun. 2026. GuruFocus rates HKSE:02768 with a GF Score™ of 59/100 and a GF Value™ of HK$18.12 (Significantly Overvalued). The stock has 8 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Qingdao Gon Technology Co's adjusted book value per share for the three months ended in Jun. 2026 was HK$18.602. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is HK$7.36 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Qingdao Gon Technology Co's average Cyclically Adjusted Book Growth Rate was -100.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2026-09-03), Qingdao Gon Technology Co's current stock price is HK$38.22. Qingdao Gon Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was HK$7.36. Qingdao Gon Technology Co's Cyclically Adjusted PB Ratio of today is 5.19.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Qingdao Gon Technology Co was 7.50. The lowest was 1.88. And the median was 2.60.


Qingdao Gon Technology Co  (HKSE:02768) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Qingdao Gon Technology Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=38.22/7.36
=5.19

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Qingdao Gon Technology Co was 7.50. The lowest was 1.88. And the median was 2.60.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Qingdao Gon Technology Co Cyclically Adjusted Book per Share Related Terms


Qingdao Gon Technology Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Qingdao Gon Technology Co's Cyclically Adjusted Book per Share 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.

Qingdao Gon Technology Co Cyclically Adjusted Book per Share Chart

Qingdao Gon Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Qingdao Gon Technology 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 Book per Share 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 0.00 0.00 0.00 9.57 7.36

HKSE:02768 vs LIN, SHW, ECL: Cyclically Adjusted Book per Share Comparison

For the Specialty Chemicals subindustry, Qingdao Gon Technology Co's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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.


Qingdao Gon Technology Co Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Qingdao Gon Technology Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Qingdao Gon Technology Co's Cyclically Adjusted PB Ratio falls into.


HKSE:02768
59GF Score
Qingdao Gon Technology Co Ltd HKSE:02768
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Qingdao Gon Technology Co Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book 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.

For example, Qingdao Gon Technology Co's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=18.602/116.0564*116.0564
=18.602

Current CPI (Jun. 2026) = 116.0564.

Qingdao Gon Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 2.550 102.400 2.890
201612 2.620 102.600 2.964
201703 2.663 103.200 2.995
201706 2.848 103.100 3.206
201709 3.148 104.100 3.510
201712 3.366 104.500 3.738
201803 5.552 105.300 6.119
201806 5.531 104.900 6.119
201809 5.431 106.600 5.913
201812 5.716 106.500 6.229
201903 6.126 107.700 6.601
201906 6.097 107.700 6.570
201909 6.146 109.800 6.496
201912 6.607 111.200 6.896
202003 6.848 112.300 7.077
202006 7.879 110.400 8.283
202009 8.594 111.700 8.929
202012 9.147 111.500 9.521
202103 9.530 112.662 9.817
202106 10.128 111.769 10.516
202109 10.529 112.215 10.889
202112 10.602 113.108 10.878
202203 11.039 114.335 11.205
202206 11.050 114.558 11.195
202209 10.975 115.339 11.043
202212 11.326 115.116 11.419
202303 11.846 115.116 11.943
202306 11.593 114.558 11.745
202309 11.778 115.339 11.851
202312 12.194 114.781 12.330
202403 12.449 115.227 12.539
202406 12.306 114.781 12.443
202409 13.081 115.785 13.112
202412 13.219 114.893 13.353
202503 13.460 115.116 13.570
202506 14.256 114.907 14.399
202509 14.992 115.471 15.068
202512 15.773 115.832 15.804
202603 17.566 116.303 17.529
202606 18.602 116.056 18.602

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of HK$7.36 mean?
Qingdao Gon Technology Co (HKSE:02768) has a Cyclically Adjusted Book per Share of HK$7.36 as of Jun. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Qingdao Gon Technology Co and its competitors.
Is Qingdao Gon Technology Co's Cyclically Adjusted Book per Share too high?
Qingdao Gon Technology Co's current Cyclically Adjusted Book per Share is HK$7.36. Overall, Qingdao Gon Technology Co has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Qingdao Gon Technology Co's Cyclically Adjusted Book per Share compare to LIN and SHW?
Qingdao Gon Technology Co's Cyclically Adjusted Book per Share of HK$7.36 can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Chemicals company?
A good Cyclically Adjusted Book per Share depends on the Chemicals industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Qingdao Gon Technology Co and its competitors. Qingdao Gon Technology Co's current Cyclically Adjusted Book per Share is HK$7.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qingdao Gon Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Qingdao Gon Technology Co (HKSE:02768) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$18.12, compared to a current price of HK$38.22 — trading 110.9% above its estimated fair value. The current Cyclically Adjusted Book per Share is HK$7.36. Qingdao Gon Technology Co's overall GF Score™ is 59/100 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 Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Qingdao Gon Technology Co (HKSE:02768), the current Cyclically Adjusted Book per Share is HK$7.36 as of Jun. 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 Qingdao Gon Technology Co (HKSE:02768) Overvalued in 2026?

Based on GuruFocus' analysis, Qingdao Gon Technology Co stock appears to be overvalued. The current stock price of HK$38.22 is trading 110.9% above its estimated GF Value™ of HK$18.12. GuruFocus considers Qingdao Gon Technology Co to be Significantly Overvalued.

Key valuation signals for HKSE:02768:

  • Cyclically Adjusted Book per Share: HK$7.36
  • GF Value™: HK$18.12 vs. price of HK$38.22 (110.9% above fair value)
  • GF Score™: 59/100 with 8 warning signs

No single metric tells the full story. See the HKSE:02768 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Qingdao Gon Technology Co Business Description

Other Exchanges 72J:Germany002768:China
Address Xuhonghong Street, No. 2 Road, Qingda Industrial Park, Chengyang District, Shandong Province, Qingdao, CHN, 266109
Qingdao Gon Technology Co Ltd is engaged in the production and sales of modified plastic particles, modified plastic products, and functional plastic plates. Modified plastic particles mainly include series of flame-retardant, weatherproof, reinforced, heat-resistant, high-brightness and other plastic alloys. The company products include air-conditioner components, washing machine components, TV rear cover, air-conditioner panel, and others. It has two business segments, namely, new chemical materials segment; and health and wellness segment. The company derives maximum revenue from the new chemical materials segment. Geographically, the company operates in Chinese Mainland; and Overseas, of which majority revenue is generated from Chinese Mainland.
59GF Score

Get the complete analysis for HKSE:02768

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

HK$38.22
Price
HK$18.12
GF Value