Jiangsu Lopal Tech Group Co (HAM:9OU) Cyclically Adjusted PB Ratio: (As of Sep. 04, 2026)

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

HAM:9OU Jiangsu Lopal Tech Group Co Ltd HAM:9OU
65 GF Score
Price €1.01
GF Value €0.66
! 9 Warning Signs
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What is Jiangsu Lopal Tech Group Co Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jiangsu Lopal Tech Group Co  (HAM:9OU) 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.


Jiangsu Lopal Tech Group Co Cyclically Adjusted PB Ratio Related Terms


Jiangsu Lopal Tech Group Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Jiangsu Lopal Tech Group 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.

Jiangsu Lopal Tech Group Co Cyclically Adjusted PB Ratio Chart

Jiangsu Lopal Tech Group 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 0.00 0.00 0.00 2.46 4.49

Jiangsu Lopal Tech Group 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 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 3.71 3.92 4.49 5.04 5.81

HAM:9OU vs : Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas Refining & Marketing subindustry, Jiangsu Lopal Tech Group 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.


Jiangsu Lopal Tech Group Co Cyclically Adjusted PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Jiangsu Lopal Tech Group Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Jiangsu Lopal Tech Group Co's Cyclically Adjusted PB Ratio falls into.


HAM:9OU
65GF Score
Jiangsu Lopal Tech Group Co Ltd HAM:9OU
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jiangsu Lopal Tech Group 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.

Jiangsu Lopal Tech Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Jiangsu Lopal Tech Group 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)
=6.55/333.9520*333.9520
=6.550

Current CPI (Jun. 2026) = 333.9520.

Jiangsu Lopal Tech Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.000 241.428 0.000
201612 2.055 241.432 2.843
201703 2.691 243.801 3.686
201706 2.731 244.955 3.723
201709 2.779 246.819 3.760
201712 2.830 246.524 3.834
201803 2.921 249.554 3.909
201806 2.925 251.989 3.876
201809 2.945 252.439 3.896
201812 2.930 251.233 3.895
201903 3.022 254.202 3.970
201906 3.009 256.143 3.923
201909 3.116 256.759 4.053
201912 3.197 256.974 4.155
202003 3.261 258.115 4.219
202006 3.341 257.797 4.328
202009 3.334 260.280 4.278
202012 3.991 260.474 5.117
202103 4.121 264.877 5.196
202106 4.191 271.696 5.151
202109 4.294 274.310 5.228
202112 4.136 278.802 4.954
202203 3.910 287.504 4.542
202206 7.998 296.311 9.014
202209 8.302 296.808 9.341
202212 8.357 296.797 9.403
202303 7.901 301.836 8.742
202306 7.155 305.109 7.831
202309 7.016 307.789 7.612
202312 6.109 306.746 6.651
202403 5.881 312.332 6.288
202406 5.375 314.175 5.713
202409 4.440 315.301 4.703
202412 4.766 315.605 5.043
202503 4.170 319.799 4.355
202506 4.526 322.561 4.686
202509 4.367 324.800 4.490
202512 4.128 324.054 4.254
202603 3.911 330.213 3.955
202606 6.550 333.952 6.550

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 Jiangsu Lopal Tech Group Co (HAM:9OU) Overvalued in 2026?

Based on GuruFocus' analysis, Jiangsu Lopal Tech Group Co stock appears to be overvalued. The current stock price of €1.01 is trading 53% above its estimated GF Value™ of €0.66.

Key valuation signals for HAM:9OU:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €0.66 vs. price of €1.01 (53% above fair value)
  • GF Score™: 65/100 with 9 warning signs

No single metric tells the full story. See the HAM:9OU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jiangsu Lopal Tech Group Co Business Description

Industry EnergyOil & Gas
Comparable Companies
Other Exchanges 02465:Hong Kong603906:China
Address No. 6 Hengtong Avenue, Nanjing Economic and Technological Development Zone, Jiangsu Province, Nanjing, CHN, 210038
Jiangsu Lopal Tech Group Co Ltd and its subsidiaries are principally engaged in the production and sale of lithium iron phosphate (LFP) cathode materials and automotive specialty chemicals. Its product offerings mainly include lithium cathode materials used in new energy vehicles and energy storage products; and automotive and industrial lubricants, diesel engine exhaust treatment fluids, coolants, and a variety of automotive maintenance products, marketed under Lopal, Kelas, and Teec brands. The Group's operating segments are: Sale of LFP cathode materials, which generate maximum revenue, Processing of lithium carbonate and raw materials, Sale of automotive specialty chemicals, and Other businesses.
65GF Score

Get the complete analysis for HAM:9OU

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

€1.01
Price
€0.66
GF Value