AHCHY (Anhui Conch Cement Co) Cyclically Adjusted PB Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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.

AHCHY Anhui Conch Cement Co Ltd AHCHY
61 GF Score
Price $10.21
GF Value $15.98
Valuation Possible Value Trap
! 7 Warning Signs
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What is Anhui Conch Cement Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Anhui Conch Cement Co  (OTCPK:AHCHY) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value 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 PB Ratio should give similar results to regular PB Ratio.


Anhui Conch Cement Co Cyclically Adjusted PB Ratio Related Terms


Anhui Conch Cement Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Anhui Conch Cement Co's Cyclically Adjusted PB 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.

Anhui Conch Cement Co Cyclically Adjusted PB Ratio Chart

Anhui Conch Cement Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.39 0.24 0.15 0.15 0.15

Anhui Conch Cement Co Quarterly Data
Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22
Cyclically Adjusted PB 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 0.71 0.58 0.48 0.38 0.24

AHCHY vs CRH, MLM, VMC: Cyclically Adjusted PB Ratio Comparison

For the Building Materials subindustry, Anhui Conch Cement 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.


Anhui Conch Cement Co Cyclically Adjusted PB Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Anhui Conch Cement Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Anhui Conch Cement Co's Cyclically Adjusted PB Ratio falls into.


AHCHY
61GF Score
Anhui Conch Cement Co Ltd AHCHY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Anhui Conch Cement Co Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB 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 PB Ratio.

Anhui Conch Cement Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2022 is calculated as:

For example, Anhui Conch Cement Co's adjusted Book Value per Share data for the three months ended in Sep. 2022 was:

Adj_Book=Book Value per Share/CPI of Sep. 2022 (Change)*Current CPI (Sep. 2022)
=102.932/115.3387*115.3387
=102.932

Current CPI (Sep. 2022) = 115.3387.

Anhui Conch Cement Co Quarterly Data

Book Value per Share CPI Adj_Book
200403 2.834 73.682 4.436
200409 74.637 0.000
200503 75.597 0.000
200509 75.290 0.000
200512 3.268 75.666 4.981
200603 3.311 76.340 5.002
200609 3.830 76.413 5.781
200612 4.209 77.793 6.240
200703 4.410 78.884 6.448
200709 1.733 81.276 2.459
200803 2.129 85.485 2.873
200809 4.486 85.057 6.083
200903 14.733 84.457 20.120
200909 15.539 84.369 21.243
201003 16.927 86.316 22.618
201009 18.561 87.267 24.532
201103 22.696 91.154 28.718
201109 26.494 92.711 32.960
201203 29.413 94.367 35.950
201209 29.632 94.482 36.173
201303 32.149 96.372 38.476
201309 34.276 97.332 40.617
201403 38.096 98.600 44.563
201409 41.354 98.900 48.228
201503 45.121 99.900 52.094
201509 43.397 100.500 49.805
201603 44.606 102.200 50.340
201609 44.778 102.400 50.436
201703 46.162 103.200 51.592
201709 49.704 104.100 55.070
201803 59.265 105.300 64.915
201809 59.875 106.600 64.783
201903 70.219 107.700 75.199
201909 71.219 109.800 74.812
202003 79.889 112.300 82.051
202009 89.036 111.700 91.936
202103 101.968 112.662 104.391
202109 106.666 112.215 109.635
202203 119.174 114.335 120.220
202209 102.932 115.339 102.932

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

Is Anhui Conch Cement Co (AHCHY) Overvalued in 2026?

Based on GuruFocus' analysis, Anhui Conch Cement Co stock appears to be undervalued. The current stock price of $10.21 is trading 36.1% below its estimated GF Value™ of $15.98. GuruFocus considers Anhui Conch Cement Co to be Possible Value Trap.

Key valuation signals for AHCHY:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $15.98 vs. price of $10.21 (36.1% below fair value)
  • GF Score™: 61/100 with 7 warning signs

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


Anhui Conch Cement Co Business Description

Address No. 39 Wenhua Road, Anhui Province, Wuhu, CHN, 241000
Anhui Conch Cement mainly engages in the production and sale of cement, clinker, and concrete in China. The company was established in 1997 and headquartered in Anhui province. With annual cement production capacity of over 400 million metric tons in 2025, the firm is the second-largest cement manufacturer in China. Sales of self-produced products contribute to about 80% of its revenue, with the remainder mainly from the trading business and service income.
61GF Score

Get the complete analysis for AHCHY

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

$10.21
Price
$15.98
GF Value