Daqo New Energy (MEX:DQ N) Cyclically Adjusted PB Ratio: 0.20 (As of Aug. 25, 2026) — 86% Below Median

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MEX:DQ N Daqo New Energy Corp MEX:DQ N
69 GF Score
Price MXN245.00
GF Value MXN165.88
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Daqo New Energy Cyclically Adjusted PB Ratio?

Daqo New Energy MEX:DQ N 69 Cyclically Adjusted PB Ratio is 0.20 as of Aug. 25, 2026, which is 86% below its 10-year median of 1.43. GuruFocus rates MEX:DQ N with a GF Score™ of 69/100 and a GF Value™ of MXN165.88 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 725 Semiconductors companies, Daqo New Energy ranks better than 92.97% on this metric.

As of today (2026-08-25), Daqo New Energy's current share price is MXN245.00. Daqo New Energy's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was MXN1,254.70. Daqo New Energy's Cyclically Adjusted PB Ratio for today is 0.20.

The historical rank and industry rank for Daqo New Energy's Cyclically Adjusted PB Ratio or its related term are showing as below:

MEX:DQ N' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.34   Med: 1.43   Max: 16.76
Current: 0.42

During the past years, Daqo New Energy's highest Cyclically Adjusted PB Ratio was 16.76. The lowest was 0.34. And the median was 1.43.

MEX:DQ N's Cyclically Adjusted PB Ratio is ranked better than
92.97% of 725 companies
in the Semiconductors industry
Industry Median: 3.16 vs MEX:DQ N: 0.42

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.

Daqo New Energy's adjusted book value per share data for the three months ended in Jun. 2026 was MXN1,127.908. 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 MXN1,254.70 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Daqo New Energy  (MEX:DQ N) 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.


Daqo New Energy Cyclically Adjusted PB Ratio Related Terms


Daqo New Energy Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Daqo New Energy'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.

Daqo New Energy Cyclically Adjusted PB Ratio Chart

Daqo New Energy 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 4.78 3.01 1.39 0.76 0.93

Daqo New Energy 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 0.53 0.94 0.93 0.64 0.39

MEX:DQ N vs ASYS, ATOM, INTT: Cyclically Adjusted PB Ratio Comparison

For the Semiconductor Equipment & Materials subindustry, Daqo New Energy'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.


Daqo New Energy Cyclically Adjusted PB Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Daqo New Energy's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Daqo New Energy's Cyclically Adjusted PB Ratio falls into.


MEX:DQ N
69GF Score
Daqo New Energy Corp MEX:DQ N
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Daqo New Energy 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.

Daqo New Energy's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=245.00/1254.70
=0.20

* 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.

Daqo New Energy's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Daqo New Energy'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)
=1127.908/116.0564*116.0564
=1,127.908

Current CPI (Jun. 2026) = 116.0564.

Daqo New Energy Quarterly Data

Book Value per Share CPI Adj_Book
201609 101.469 102.400 115.001
201612 105.886 102.600 119.773
201703 105.979 103.200 119.182
201706 108.055 103.100 121.634
201709 115.899 104.100 129.211
201712 141.988 104.500 157.690
201803 146.810 105.300 161.807
201806 165.025 104.900 182.576
201809 142.971 106.600 155.654
201812 155.272 106.500 169.205
201903 160.446 107.700 172.895
201906 156.033 107.700 168.140
201909 150.004 109.800 158.551
201912 153.804 111.200 160.521
202003 200.630 112.300 207.341
202006 200.222 110.400 210.480
202009 199.218 111.700 206.988
202012 208.901 111.500 217.438
202103 236.253 112.662 243.372
202106 296.885 111.769 308.273
202109 549.271 112.215 568.072
202112 595.252 113.108 610.770
202203 723.104 114.335 733.993
202206 1,086.719 114.558 1,100.935
202209 1,102.365 115.339 1,109.225
202212 1,198.448 115.116 1,208.243
202303 1,181.230 115.116 1,190.884
202306 1,079.796 114.558 1,093.921
202309 1,253.763 115.339 1,261.565
202312 1,229.163 114.781 1,242.822
202403 1,190.304 115.227 1,198.871
202406 1,279.566 114.781 1,293.785
202409 1,388.112 115.785 1,391.368
202412 1,362.592 114.893 1,376.396
202503 1,320.782 115.116 1,331.576
202506 1,214.504 114.907 1,226.649
202509 1,180.364 115.471 1,186.344
202512 1,172.616 115.832 1,174.885
202603 1,170.611 116.303 1,168.126
202606 1,127.908 116.056 1,127.908

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 0.20 mean?
Daqo New Energy (MEX:DQ N) has a Cyclically Adjusted PB Ratio of 0.20 as of Aug. 25, 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 Daqo New Energy and its competitors. This is 86% below median its historical median of 1.43. Over the past decade, Daqo New Energy's Cyclically Adjusted PB Ratio has ranged from 0.34 to 16.76. According to the industry distribution chart, Daqo New Energy ranks #51 out of 725 companies in the Semiconductors industry, placing it in the top 7%.
Is Daqo New Energy's Cyclically Adjusted PB Ratio too high?
Daqo New Energy's current Cyclically Adjusted PB Ratio of 0.20 is 86% below median its 10-year median of 1.43. Over the past 10 years, this metric has ranged from a low of 0.34 to a high of 16.76. The Semiconductors industry median Cyclically Adjusted PB Ratio is 3.16. Daqo New Energy's value of 0.20 is 93.7% below this industry median. Based on the distribution chart, Daqo New Energy ranks #51 out of 725 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Daqo New Energy has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Daqo New Energy's Cyclically Adjusted PB Ratio compare to ASYS and ATOM?
According to the Semiconductors industry distribution chart, Daqo New Energy ranks #51 out of 725 companies for Cyclically Adjusted PB Ratio. This places Daqo New Energy in the top 7% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 3.16. Daqo New Energy's value of 0.20 is 93.7% below this benchmark. Historically, Daqo New Energy's own Cyclically Adjusted PB Ratio has ranged from 0.34 to 16.76 over the past decade. While the company's 10-year median is 1.43 vs. the industry median of 3.16, Daqo New Energy 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 a Semiconductors company?
The median Cyclically Adjusted PB Ratio among Semiconductors companies is 3.16, based on 725 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. Daqo New Energy's current Cyclically Adjusted PB Ratio of 0.20 is 93.7% 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 Daqo New Energy and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PB Ratio is 3.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Daqo New Energy's current Cyclically Adjusted PB Ratio is 0.20, which is 86% below median its own 10-year median of 1.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daqo New Energy stock overvalued right now?
Based on GuruFocus' analysis, Daqo New Energy (MEX:DQ N) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN165.88, compared to a current price of MXN245.00 — trading 47.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.20, which is 86% below median its 10-year median of 1.43 and 93.7% below the Semiconductors industry median of 3.16. Daqo New Energy's overall GF Score™ is 69/100 with 4 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 Daqo New Energy (MEX:DQ N), the current Cyclically Adjusted PB Ratio is 0.20 as of Aug. 25, 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 Daqo New Energy (MEX:DQ N) Overvalued in 2026?

Based on GuruFocus' analysis, Daqo New Energy stock appears to be overvalued. The current stock price of MXN245.00 is trading 47.7% above its estimated GF Value™ of MXN165.88. GuruFocus considers Daqo New Energy to be Significantly Overvalued.

Key valuation signals for MEX:DQ N:

  • Cyclically Adjusted PB Ratio: 0.20 (86% below median its 10-year median of 1.43)
  • GF Value™: MXN165.88 vs. price of MXN245.00 (47.7% above fair value)
  • GF Score™: 69/100 with 4 warning signs
  • Industry Position: 93.7% below the Semiconductors median (#51 of 725)

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


Daqo New Energy Business Description

Other Exchanges DQ:USA0I74:UK5DQ2:Germany
Address No. 838 Zhangyang Road, 29th Floor, Unit 29, Huadu Mansion, Pudong, Shanghai, CHN, 200122
Daqo New Energy Corp is a polysilicon manufacturer based in China. The company manufactures and sells high-purity polysilicon to manufacturers who use it to make ingots, cells, and modules for solar power solutions. The polysilicon is packaged to meet crucible stacking, pulling, and solidification needs. All of the company's revenues come from the People's Republic of China.
69GF Score

Get the complete analysis for MEX:DQ N

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

MXN245.00
Price
MXN165.88
GF Value