Anhui Expressway Co (FRA:HU7) Cyclically Adjusted PB Ratio: 2.18 (As of Aug. 14, 2026) — 34% Above Median

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FRA:HU7 Anhui Expressway Co Ltd FRA:HU7
71 GF Score
Price €1.59
GF Value €1.13
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Anhui Expressway Co Cyclically Adjusted PB Ratio?

Anhui Expressway Co FRA:HU7 +0.63% 71 Cyclically Adjusted PB Ratio is 2.18 as of Aug. 14, 2026, which is 34% above its 10-year median of 1.63. GuruFocus rates FRA:HU7 with a GF Score™ of 71/100 and a GF Value™ of €1.13 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,329 Construction companies, Anhui Expressway Co ranks worse than 72.84% on this metric.

As of today (2026-08-14), Anhui Expressway Co's current share price is €1.59. Anhui Expressway Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €0.73. Anhui Expressway Co's Cyclically Adjusted PB Ratio for today is 2.18.

The historical rank and industry rank for Anhui Expressway Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:HU7' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.95   Med: 1.63   Max: 4.35
Current: 2.31

During the past years, Anhui Expressway Co's highest Cyclically Adjusted PB Ratio was 4.35. The lowest was 0.95. And the median was 1.63.

FRA:HU7's Cyclically Adjusted PB Ratio is ranked worse than
72.84% of 1329 companies
in the Construction industry
Industry Median: 1.14 vs FRA:HU7: 2.31

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.

Anhui Expressway Co's adjusted book value per share data for the three months ended in Mar. 2026 was €0.981. 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 €0.73 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Anhui Expressway Co  (FRA:HU7) 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 Expressway Co Cyclically Adjusted PB Ratio Related Terms


Anhui Expressway Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Anhui Expressway 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 Expressway Co Cyclically Adjusted PB Ratio Chart

Anhui Expressway 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 1.22 1.19 1.73 2.64 2.14

Anhui Expressway Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2.55 2.51 1.95 2.14 2.21

Anhui Expressway Co Cyclically Adjusted PB Ratio Competitor Comparison

For the Infrastructure Operations subindustry, Anhui Expressway 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 Expressway Co Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Anhui Expressway Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:HU7
71GF Score
Anhui Expressway Co Ltd FRA:HU7
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Anhui Expressway 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 Expressway Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.59/0.73
=2.18

* 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 Expressway Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Anhui Expressway Co's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.981/116.3033*116.3033
=0.981

Current CPI (Mar. 2026) = 116.3033.

Anhui Expressway Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.670 101.400 0.768
201609 0.680 102.400 0.772
201612 0.717 102.600 0.813
201703 0.734 103.200 0.827
201706 0.695 103.100 0.784
201709 0.703 104.100 0.785
201712 0.725 104.500 0.807
201803 0.747 105.300 0.825
201806 0.763 104.900 0.846
201809 0.742 106.600 0.810
201812 0.775 106.500 0.846
201903 0.824 107.700 0.890
201906 0.789 107.700 0.852
201909 0.808 109.800 0.856
201912 0.831 111.200 0.869
202003 0.833 112.300 0.863
202006 0.791 110.400 0.833
202009 0.815 111.700 0.849
202012 0.872 111.500 0.910
202103 0.905 112.662 0.934
202106 0.904 111.769 0.941
202109 0.951 112.215 0.986
202112 0.954 113.108 0.981
202203 1.018 114.335 1.036
202206 0.949 114.558 0.963
202209 1.011 115.339 1.019
202212 0.974 115.116 0.984
202303 1.012 115.116 1.022
202306 0.920 114.558 0.934
202309 0.956 115.339 0.964
202312 0.980 114.781 0.993
202403 1.010 115.227 1.019
202406 0.963 114.781 0.976
202409 0.989 115.785 0.993
202412 1.295 114.893 1.311
202503 0.904 115.116 0.913
202506 0.843 114.907 0.853
202509 0.871 115.471 0.877
202512 0.909 115.832 0.913
202603 0.981 116.303 0.981

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.

What does a Cyclically Adjusted PB Ratio of 2.18 mean?
Anhui Expressway Co (FRA:HU7) has a Cyclically Adjusted PB Ratio of 2.18 as of Aug. 14, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Anhui Expressway Co and its competitors. This is 34% above median its historical median of 1.63. Over the past decade, Anhui Expressway Co's Cyclically Adjusted PB Ratio has ranged from 0.95 to 4.35. According to the industry distribution chart, Anhui Expressway Co ranks #968 out of 1329 companies in the Construction industry, placing it in the top 72.8%.
Is Anhui Expressway Co's Cyclically Adjusted PB Ratio too high?
Anhui Expressway Co's current Cyclically Adjusted PB Ratio of 2.18 is 34% above median its 10-year median of 1.63. Over the past 10 years, this metric has ranged from a low of 0.95 to a high of 4.35. The Construction industry median Cyclically Adjusted PB Ratio is 1.14. Anhui Expressway Co's value of 2.18 is 91.2% above this industry median. Based on the distribution chart, Anhui Expressway Co ranks #968 out of 1329 companies in the Construction industry, which is below the industry midpoint. Overall, Anhui Expressway Co has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Anhui Expressway Co's Cyclically Adjusted PB Ratio compare to competitors?
According to the Construction industry distribution chart, Anhui Expressway Co ranks #968 out of 1329 companies for Cyclically Adjusted PB Ratio. This places Anhui Expressway Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.14. Anhui Expressway Co's value of 2.18 is 91.2% above this benchmark. Historically, Anhui Expressway Co's own Cyclically Adjusted PB Ratio has ranged from 0.95 to 4.35 over the past decade. While the company's 10-year median is 1.63 vs. the industry median of 1.14, Anhui Expressway 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 Cyclically Adjusted PB Ratio for a Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.14, based on 1,329 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Anhui Expressway Co's current Cyclically Adjusted PB Ratio of 2.18 is 91.2% 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 Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Anhui Expressway Co and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Anhui Expressway Co's current Cyclically Adjusted PB Ratio is 2.18, which is 34% above median its own 10-year median of 1.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anhui Expressway Co stock overvalued right now?
Based on GuruFocus' analysis, Anhui Expressway Co (FRA:HU7) is currently considered Significantly Overvalued. The stock's GF Value™ is €1.13, compared to a current price of €1.59 — trading 40.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.18, which is 34% above median its 10-year median of 1.63 and 91.2% above the Construction industry median of 1.14. Anhui Expressway Co's overall GF Score™ is 71/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Anhui Expressway Co (FRA:HU7), the current Cyclically Adjusted PB Ratio is 2.18 as of Aug. 14, 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 Anhui Expressway Co (FRA:HU7) Overvalued in 2026?

Based on GuruFocus' analysis, Anhui Expressway Co stock appears to be overvalued. The current stock price of €1.59 is trading 40.7% above its estimated GF Value™ of €1.13. GuruFocus considers Anhui Expressway Co to be Significantly Overvalued.

Key valuation signals for FRA:HU7:

  • Cyclically Adjusted PB Ratio: 2.18 (34% above median its 10-year median of 1.63)
  • GF Value™: €1.13 vs. price of €1.59 (40.7% above fair value)
  • GF Score™: 71/100 with 9 warning signs
  • Industry Position: 91.2% above the Construction median (#968 of 1329)

No single metric tells the full story. See the FRA:HU7 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Anhui Expressway Co Business Description

Address No. 520, West Wangjiang Road, Anhui, Hefei, CHN, 230088
Anhui Expressway Co Ltd is engaged in the investment, construction, operation, and management of toll roads within Anhui province. The company acquires operating expressway assets through various means such as investment and construction, acquisition, or cooperative operation. The company provides toll service for vehicles, collects vehicles' tolls according to the charging standard, maintains repairs, and carries out safety maintenance for the operating expressways. All of the company's external revenue is derived from customers based in Mainland China.
71GF Score

Get the complete analysis for FRA:HU7

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

€1.59
Price
€1.13
GF Value