HUNGF (Huaneng Power International) Cyclically Adjusted PB Ratio: 0.89 (As of Jul. 23, 2026) — 29% Below Median

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HUNGF Huaneng Power International Inc HUNGF
44 GF Score
Price $0.70
GF Value $0.69
Valuation Fairly Valued
! 6 Warning Signs
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What is Huaneng Power International Cyclically Adjusted PB Ratio?

Huaneng Power International HUNGF 44 Cyclically Adjusted PB Ratio is 0.89 as of Jul. 23, 2026, which is 29% below its 10-year median of 1.25. GuruFocus rates HUNGF with a GF Score™ of 44/100 and a GF Value™ of $0.69 (Fairly Valued). The stock has 6 warning signs investors should review. Among 284 Utilities - Independent Power Producers companies, Huaneng Power International ranks better than 53.52% on this metric.

As of today (2026-07-23), Huaneng Power International's current share price is $0.7033. Huaneng Power International's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $0.79. Huaneng Power International's Cyclically Adjusted PB Ratio for today is 0.89.

The historical rank and industry rank for Huaneng Power International's Cyclically Adjusted PB Ratio or its related term are showing as below:

HUNGF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.68   Med: 1.25   Max: 1.77
Current: 1.03

During the past years, Huaneng Power International's highest Cyclically Adjusted PB Ratio was 1.77. The lowest was 0.68. And the median was 1.25.

HUNGF's Cyclically Adjusted PB Ratio is ranked better than
53.52% of 284 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.13 vs HUNGF: 1.03

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.

Huaneng Power International's adjusted book value per share data for the three months ended in Mar. 2026 was $1.243. 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 $0.79 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Huaneng Power International  (OTCPK:HUNGF) 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.


Huaneng Power International Cyclically Adjusted PB Ratio Related Terms


Huaneng Power International Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Huaneng Power International'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.

Huaneng Power International Cyclically Adjusted PB Ratio Chart

Huaneng Power International 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 1.66 1.24 1.19 1.00 1.04

Huaneng Power International 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 1.00 1.02 1.00 1.04 0.96

HUNGF vs CEG, VST, NRG: Cyclically Adjusted PB Ratio Comparison

For the Utilities - Independent Power Producers subindustry, Huaneng Power International'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.


Huaneng Power International Cyclically Adjusted PB Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Huaneng Power International's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Huaneng Power International's Cyclically Adjusted PB Ratio falls into.


HUNGF
44GF Score
Huaneng Power International Inc HUNGF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Huaneng Power International 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.

Huaneng Power International's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.7033/0.79
=0.89

* 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.

Huaneng Power International's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Huaneng Power International'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)
=1.243/116.3033*116.3033
=1.243

Current CPI (Mar. 2026) = 116.3033.

Huaneng Power International Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.794 101.400 0.911
201609 0.816 102.400 0.927
201612 0.840 102.600 0.952
201703 0.705 103.200 0.795
201706 0.672 103.100 0.758
201709 0.762 104.100 0.851
201712 0.758 104.500 0.844
201803 0.799 105.300 0.882
201806 0.774 104.900 0.858
201809 0.750 106.600 0.818
201812 0.770 106.500 0.841
201903 0.818 107.700 0.883
201906 0.796 107.700 0.860
201909 0.810 109.800 0.858
201912 0.896 111.200 0.937
202003 0.930 112.300 0.963
202006 1.055 110.400 1.111
202009 1.189 111.700 1.238
202012 1.186 111.500 1.237
202103 1.212 112.662 1.251
202106 1.199 111.769 1.248
202109 1.152 112.215 1.194
202112 1.055 113.108 1.085
202203 1.051 114.335 1.069
202206 0.971 114.558 0.986
202209 0.929 115.339 0.937
202212 0.992 115.116 1.002
202303 1.179 115.116 1.191
202306 1.171 114.558 1.189
202309 1.200 115.339 1.210
202312 1.179 114.781 1.195
202403 1.206 115.227 1.217
202406 1.189 114.781 1.205
202409 1.240 115.785 1.246
202412 1.202 114.893 1.217
202503 1.247 115.116 1.260
202506 1.260 114.907 1.275
202509 1.315 115.471 1.324
202512 1.289 115.832 1.294
202603 1.243 116.303 1.243

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 0.89 mean?
Huaneng Power International (HUNGF) has a Cyclically Adjusted PB Ratio of 0.89 as of Jul. 23, 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 Huaneng Power International and its competitors. This is 29% below median its historical median of 1.25. Over the past decade, Huaneng Power International's Cyclically Adjusted PB Ratio has ranged from 0.68 to 1.77. According to the industry distribution chart, Huaneng Power International ranks #132 out of 284 companies in the Utilities - Independent Power Producers industry, placing it in the top 46.5%.
Is Huaneng Power International's Cyclically Adjusted PB Ratio too high?
Huaneng Power International's current Cyclically Adjusted PB Ratio of 0.89 is 29% below median its 10-year median of 1.25. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 1.77. The Utilities - Independent Power Producers industry median Cyclically Adjusted PB Ratio is 1.13. Huaneng Power International's value of 0.89 is 21.2% below this industry median. Based on the distribution chart, Huaneng Power International ranks #132 out of 284 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Huaneng Power International has a GF Score™ of 44/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Huaneng Power International's Cyclically Adjusted PB Ratio compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Huaneng Power International ranks #132 out of 284 companies for Cyclically Adjusted PB Ratio. This puts Huaneng Power International in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.13. Huaneng Power International's value of 0.89 is 21.2% below this benchmark. Historically, Huaneng Power International's own Cyclically Adjusted PB Ratio has ranged from 0.68 to 1.77 over the past decade. While the company's 10-year median is 1.25 vs. the industry median of 1.13, Huaneng Power International has consistently been below 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 an Utilities - Independent Power Producers company?
The median Cyclically Adjusted PB Ratio among Utilities - Independent Power Producers companies is 1.13, based on 284 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. Huaneng Power International's current Cyclically Adjusted PB Ratio of 0.89 is 21.2% below 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 Huaneng Power International and its competitors. For the Utilities - Independent Power Producers industry, the median Cyclically Adjusted PB Ratio is 1.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Huaneng Power International's current Cyclically Adjusted PB Ratio is 0.89, which is 29% below median its own 10-year median of 1.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Huaneng Power International stock overvalued right now?
Based on GuruFocus' analysis, Huaneng Power International (HUNGF) is currently considered Fairly Valued. The stock's GF Value™ is $0.69, compared to a current price of $0.70 — trading 1.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.89, which is 29% below median its 10-year median of 1.25 and 21.2% below the Utilities - Independent Power Producers industry median of 1.13. Huaneng Power International's overall GF Score™ is 44/100 with 6 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 Huaneng Power International (HUNGF), the current Cyclically Adjusted PB Ratio is 0.89 as of Jul. 23, 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 Huaneng Power International (HUNGF) Overvalued in 2026?

Based on GuruFocus' analysis, Huaneng Power International stock appears to be overvalued. The current stock price of $0.70 is trading 1.9% above its estimated GF Value™ of $0.69. GuruFocus considers Huaneng Power International to be Fairly Valued.

Key valuation signals for HUNGF:

  • Cyclically Adjusted PB Ratio: 0.89 (29% below median its 10-year median of 1.25)
  • GF Value™: $0.69 vs. price of $0.70 (1.9% above fair value)
  • GF Score™: 44/100 with 6 warning signs
  • Industry Position: 21.2% below the Utilities - Independent Power Producers median (#132 of 284)

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


Huaneng Power International Business Description

Address No. 6 Fuxingmennei Street, Huaneng Building, Xicheng District, Beijing, CHN, 100031
Huaneng Power International Inc and its subsidiaries are mainly engaged in developing, constructing, operating, and managing power plants throughout China. It has a substantial controlled power generation capacity across China, with a meaningful portion of its portfolio comprising low-carbon and clean energy sources. Additionally, the Group owns a power company in Singapore and invests in a power company in Pakistan. The majority of its revenue is generated from the sale of power and heat. Huaneng Power's reportable segments are: PRC power segment, which generates maximum revenue, Overseas power segment, and All other segments (including port and transportation operations). Geographically, it derives maximum revenue from the People's Republic of China (PRC), followed by overseas markets.
44GF Score

Get the complete analysis for HUNGF

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

$0.70
Price
$0.69
GF Value