JNGHF (Jiangsu Hengrui Pharmaceuticals Co) Cyclically Adjusted PB Ratio: (As of Sep. 10, 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.

JNGHF Jiangsu Hengrui Pharmaceuticals Co Ltd JNGHF
71 GF Score
Price $6.00
GF Value $7.82
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Jiangsu Hengrui Pharmaceuticals 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 Hengrui Pharmaceuticals Co  (OTCPK:JNGHF) 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 Hengrui Pharmaceuticals Co Cyclically Adjusted PB Ratio Related Terms


Jiangsu Hengrui Pharmaceuticals Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Jiangsu Hengrui Pharmaceuticals 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 Hengrui Pharmaceuticals Co Cyclically Adjusted PB Ratio Chart

Jiangsu Hengrui Pharmaceuticals 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 19.64 12.39 12.54 11.04 12.21

Jiangsu Hengrui Pharmaceuticals 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 11.60 15.29 12.21 10.85 9.87

JNGHF vs ZTS: Cyclically Adjusted PB Ratio Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Jiangsu Hengrui Pharmaceuticals 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 Hengrui Pharmaceuticals Co Cyclically Adjusted PB Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Jiangsu Hengrui Pharmaceuticals Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Jiangsu Hengrui Pharmaceuticals Co's Cyclically Adjusted PB Ratio falls into.


JNGHF
71GF Score
Jiangsu Hengrui Pharmaceuticals Co Ltd JNGHF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Jiangsu Hengrui Pharmaceuticals 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 Hengrui Pharmaceuticals Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Jiangsu Hengrui Pharmaceuticals 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)
=9.713/333.9520*333.9520
=9.713

Current CPI (Jun. 2026) = 333.9520.

Jiangsu Hengrui Pharmaceuticals Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 1.853 241.428 2.563
201612 1.958 241.432 2.708
201703 2.086 243.801 2.857
201706 2.159 244.955 2.943
201709 2.280 246.819 3.085
201712 2.429 246.524 3.290
201803 2.577 249.554 3.449
201806 2.683 251.989 3.556
201809 2.916 252.439 3.858
201812 3.121 251.233 4.149
201903 3.207 254.202 4.213
201906 3.418 256.143 4.456
201909 3.635 256.759 4.728
201912 3.890 256.974 5.055
202003 4.101 258.115 5.306
202006 4.169 257.797 5.401
202009 4.415 260.280 5.665
202012 4.768 260.474 6.113
202103 5.032 264.877 6.344
202106 5.125 271.696 6.299
202109 5.352 274.310 6.516
202112 5.473 278.802 6.556
202203 5.682 287.504 6.600
202206 5.654 296.311 6.372
202209 5.762 296.808 6.483
202212 5.929 296.797 6.671
202303 6.097 301.836 6.746
202306 6.092 305.109 6.668
202309 6.214 307.789 6.742
202312 6.344 306.746 6.907
202403 6.564 312.332 7.018
202406 6.682 314.175 7.103
202409 6.861 315.301 7.267
202412 7.136 315.605 7.551
202503 7.115 319.799 7.430
202506 8.809 322.561 9.120
202509 8.965 324.800 9.218
202512 9.232 324.054 9.514
202603 9.586 330.213 9.695
202606 9.713 333.952 9.713

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 Hengrui Pharmaceuticals Co (JNGHF) Overvalued in 2026?

Based on GuruFocus' analysis, Jiangsu Hengrui Pharmaceuticals Co stock appears to be undervalued. The current stock price of $6.00 is trading 23.3% below its estimated GF Value™ of $7.82. GuruFocus considers Jiangsu Hengrui Pharmaceuticals Co to be Modestly Undervalued.

Key valuation signals for JNGHF:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $7.82 vs. price of $6.00 (23.3% below fair value)
  • GF Score™: 71/100 with 2 warning signs

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


Jiangsu Hengrui Pharmaceuticals Co Business Description

Address No. 7, Kunlunshan Road, Economic and Technological Development Zone, Jiangsu Province, Lianyugang, CHN, 222000
Jiangsu Hengrui Pharmaceuticals Co Ltd is a biopharmaceutical company that engages in the research, development, manufacture, and sale of drugs. It is engaged in the field of cancer treatment drugs, surgical medicines, endocrine therapy drugs, cardiovascular drugs, and anti-infection medications. The company specializes in the research and development of new medicines in areas of antineoplastics, endocrine system, cardiovascular, and the immune system. Geographically, the company is segmented as Chinese mainland and Other countries generating majority revenue from the Chinese region.
71GF Score

Get the complete analysis for JNGHF

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

$6.00
Price
$7.82
GF Value