China Shenhua Energy Co (SHSE:601088) Cyclically Adjusted Book per Share: ¥22.85 (As of Dec. 2025)

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SHSE:601088 China Shenhua Energy Co Ltd SHSE:601088
86 GF Score
Price ¥46.89
GF Value ¥36.60
Valuation Modestly Overvalued
! 10 Warning Signs
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What is China Shenhua Energy Co Cyclically Adjusted Book per Share?

China Shenhua Energy Co SHSE:601088 -0.19% 86 Cyclically Adjusted Book per Share is ¥22.85 as of Dec. 2025. GuruFocus rates SHSE:601088 with a GF Score™ of 86/100 and a GF Value™ of ¥36.60 (Modestly Overvalued). The stock has 10 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.

China Shenhua Energy Co's adjusted book value per share for the three months ended in Dec. 2025 was ¥24.232. 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 ¥22.85 for the trailing ten years ended in Dec. 2025.

During the past 12 months, China Shenhua Energy Co's average Cyclically Adjusted Book Growth Rate was 3.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.30% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of China Shenhua Energy Co was 7.70% per year. The lowest was 2.50% per year. And the median was 4.50% per year.

As of today (2026-09-16), China Shenhua Energy Co's current stock price is ¥46.89. China Shenhua Energy Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was ¥22.85. China Shenhua Energy Co's Cyclically Adjusted PB Ratio of today is 2.05.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of China Shenhua Energy Co was 2.61. The lowest was 0.93. And the median was 1.60.


China Shenhua Energy Co  (SHSE:601088) 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.

China Shenhua Energy Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=46.89/22.851
=2.05

* 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 China Shenhua Energy Co was 2.61. The lowest was 0.93. And the median was 1.60.


Be Aware

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


China Shenhua Energy Co Cyclically Adjusted Book per Share Related Terms


China Shenhua Energy Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for China Shenhua Energy 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.

China Shenhua Energy Co Cyclically Adjusted Book per Share Chart

China Shenhua Energy 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 20.70 21.50 21.90 22.32 22.85

China Shenhua Energy Co Quarterly Data
Jun17 Dec17 Mar18 Mar19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Mar23 Mar24 Jun24 Sep24 Dec24 Mar25 Sep25 Dec25
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 22.09 22.32 22.36 22.43 22.85

SHSE:601088 vs CNR: Cyclically Adjusted Book per Share Comparison

For the Thermal Coal subindustry, China Shenhua Energy 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.


China Shenhua Energy Co Cyclically Adjusted PB Ratio vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, China Shenhua Energy Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where China Shenhua Energy Co's Cyclically Adjusted PB Ratio falls into.


SHSE:601088
86GF Score
China Shenhua Energy Co Ltd SHSE:601088
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Shenhua Energy 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, China Shenhua Energy Co's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book= Book Value per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=24.232/115.8323*115.8323
=24.232

Current CPI (Dec. 2025) = 115.8323.

China Shenhua Energy Co Quarterly Data

Book Value per Share CPI Adj_Book
201009 11.053 87.267 14.671
201012 11.462 89.289 14.869
201103 11.998 91.154 15.246
201106 0.000 91.612 0.000
201109 0.000 92.711 0.000
201112 13.337 92.885 16.632
201203 13.929 94.367 17.097
201206 13.956 93.495 17.290
201209 14.662 94.482 17.975
201212 15.224 95.237 18.516
201303 15.958 96.372 19.180
201309 16.237 97.332 19.323
201312 16.568 97.624 19.658
201403 17.264 98.600 20.281
201409 17.459 98.900 20.448
201412 17.880 99.000 20.920
201503 18.218 99.900 21.123
201506 17.942 99.500 20.887
201509 18.164 100.500 20.935
201606 18.444 101.400 21.069
201706 17.751 103.100 19.943
201712 18.835 104.500 20.878
201803 19.584 105.300 21.543
201903 20.342 107.700 21.878
202012 21.397 111.500 22.228
202103 22.137 112.662 22.760
202106 21.203 111.769 21.974
202109 22.090 112.215 22.802
202112 22.420 113.108 22.960
202203 0.000 114.335 0.000
202206 22.397 114.558 22.646
202212 23.114 115.116 23.258
202303 24.343 115.116 24.495
202403 0.000 115.227 0.000
202406 23.775 114.781 23.993
202409 0.000 115.785 0.000
202412 24.997 114.893 25.201
202503 25.814 115.116 25.975
202509 24.474 115.471 24.550
202512 24.232 115.832 24.232

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 ¥22.85 mean?
China Shenhua Energy Co (SHSE:601088) has a Cyclically Adjusted Book per Share of ¥22.85 as of Dec. 2025. 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 China Shenhua Energy Co and its competitors.
Is China Shenhua Energy Co's Cyclically Adjusted Book per Share too high?
China Shenhua Energy Co's current Cyclically Adjusted Book per Share is ¥22.85. Overall, China Shenhua Energy Co has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Shenhua Energy Co's Cyclically Adjusted Book per Share compare to CNR?
China Shenhua Energy Co's Cyclically Adjusted Book per Share of ¥22.85 can be compared against companies in the Other Energy Sources 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 an Other Energy Sources company?
A good Cyclically Adjusted Book per Share depends on the Other Energy Sources 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 China Shenhua Energy Co and its competitors. China Shenhua Energy Co's current Cyclically Adjusted Book per Share is ¥22.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Shenhua Energy Co stock overvalued right now?
Based on GuruFocus' analysis, China Shenhua Energy Co (SHSE:601088) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥36.60, compared to a current price of ¥46.89 — trading 28.1% above its estimated fair value. The current Cyclically Adjusted Book per Share is ¥22.85. China Shenhua Energy Co's overall GF Score™ is 86/100 with 10 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 China Shenhua Energy Co (SHSE:601088), the current Cyclically Adjusted Book per Share is ¥22.85 as of Dec. 2025. 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 China Shenhua Energy Co (SHSE:601088) Overvalued in 2026?

Based on GuruFocus' analysis, China Shenhua Energy Co stock appears to be overvalued. The current stock price of ¥46.89 is trading 28.1% above its estimated GF Value™ of ¥36.60. GuruFocus considers China Shenhua Energy Co to be Modestly Overvalued.

Key valuation signals for SHSE:601088:

  • Cyclically Adjusted Book per Share: ¥22.85
  • GF Value™: ¥36.60 vs. price of ¥46.89 (28.1% above fair value)
  • GF Score™: 86/100 with 10 warning signs

No single metric tells the full story. See the SHSE:601088 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Shenhua Energy Co Business Description

Address No. 22, Andingmen Xibinhe Road, Dongcheng District, Beijing, CHN, 100011
China Shenhua Energy Co Ltd is a globally integrated coal-based energy company, mainly engaging in business segments: Coal, Power generation, Shipping, Railway, Port, and Coal chemical. Focusing on its core coal mining operation, China Shenhua leverages its self-developed transportation and sales network as well as downstream power plants, coal-to-chemicals facilities, and new energy projects to achieve cross-sector and cross-industry integrated development and operation.
86GF Score

Get the complete analysis for SHSE:601088

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

¥46.89
Price
¥36.60
GF Value