SHEZF (Shenzhen Hepalink Pharmaceutical Group Co) Cyclically Adjusted PB Ratio: 1.20 (As of Sep. 13, 2026) — 45% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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.

SHEZF Shenzhen Hepalink Pharmaceutical Group Co Ltd SHEZF
77 GF Score
Price $0.47
GF Value $0.52
! 6 Warning Signs
View Full Analysis

What is Shenzhen Hepalink Pharmaceutical Group Co Cyclically Adjusted PB Ratio?

Shenzhen Hepalink Pharmaceutical Group Co SHEZF 77 Cyclically Adjusted PB Ratio is 1.20 as of Sep. 13, 2026, which is 45% below its 10-year median of 2.18. GuruFocus rates SHEZF with a GF Score™ of 77/100 and a GF Value™ of $0.52. The stock has 6 warning signs investors should review. Among 637 Drug Manufacturers companies, Shenzhen Hepalink Pharmaceutical Group Co ranks better than 59.65% on this metric.

As of today (2026-09-13), Shenzhen Hepalink Pharmaceutical Group Co's current share price is $0.4696. Shenzhen Hepalink Pharmaceutical Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $0.39. Shenzhen Hepalink Pharmaceutical Group Co's Cyclically Adjusted PB Ratio for today is 1.20.

The historical rank and industry rank for Shenzhen Hepalink Pharmaceutical Group Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHEZF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.05   Med: 2.18   Max: 4.29
Current: 1.26

During the past years, Shenzhen Hepalink Pharmaceutical Group Co's highest Cyclically Adjusted PB Ratio was 4.29. The lowest was 1.05. And the median was 2.18.

SHEZF's Cyclically Adjusted PB Ratio is ranked better than
59.65% of 637 companies
in the Drug Manufacturers industry
Industry Median: 1.68 vs SHEZF: 1.26

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.

Shenzhen Hepalink Pharmaceutical Group Co's adjusted book value per share data for the three months ended in Jun. 2026 was $1.200. 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 $0.39 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shenzhen Hepalink Pharmaceutical Group Co  (OTCPK:SHEZF) 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.


Shenzhen Hepalink Pharmaceutical Group Co Cyclically Adjusted PB Ratio Related Terms


Shenzhen Hepalink Pharmaceutical Group Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Shenzhen Hepalink Pharmaceutical 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.

Shenzhen Hepalink Pharmaceutical Group Co Cyclically Adjusted PB Ratio Chart

Shenzhen Hepalink Pharmaceutical 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 2.45 1.79 1.62 1.45 1.58

Shenzhen Hepalink Pharmaceutical 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 1.61 1.61 1.58 1.51 1.19

SHEZF vs ZTS: Cyclically Adjusted PB Ratio Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Shenzhen Hepalink Pharmaceutical 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.


Shenzhen Hepalink Pharmaceutical Group Co Cyclically Adjusted PB Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Shenzhen Hepalink Pharmaceutical Group Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Shenzhen Hepalink Pharmaceutical Group Co's Cyclically Adjusted PB Ratio falls into.


SHEZF
77GF Score
Shenzhen Hepalink Pharmaceutical Group Co Ltd SHEZF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shenzhen Hepalink Pharmaceutical 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.

Shenzhen Hepalink Pharmaceutical Group Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.4696/0.39
=1.20

* 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.

Shenzhen Hepalink Pharmaceutical Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Shenzhen Hepalink Pharmaceutical 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)
=1.2/116.0564*116.0564
=1.200

Current CPI (Jun. 2026) = 116.0564.

Shenzhen Hepalink Pharmaceutical Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.960 102.400 1.088
201612 0.924 102.600 1.045
201703 0.930 103.200 1.046
201706 0.886 103.100 0.997
201709 0.920 104.100 1.026
201712 0.946 104.500 1.051
201803 0.951 105.300 1.048
201806 0.947 104.900 1.048
201809 0.683 106.600 0.744
201812 0.710 106.500 0.774
201903 0.790 107.700 0.851
201906 0.764 107.700 0.823
201909 0.770 109.800 0.814
201912 0.840 111.200 0.877
202003 0.875 112.300 0.904
202006 0.878 110.400 0.923
202009 1.126 111.700 1.170
202012 1.206 111.500 1.255
202103 1.227 112.662 1.264
202106 1.233 111.769 1.280
202109 1.236 112.215 1.278
202112 1.221 113.108 1.253
202203 1.250 114.335 1.269
202206 1.225 114.558 1.241
202209 1.200 115.339 1.207
202212 1.204 115.116 1.214
202303 1.224 115.116 1.234
202306 1.180 114.558 1.195
202309 1.159 115.339 1.166
202312 1.137 114.781 1.150
202403 1.142 115.227 1.150
202406 1.140 114.781 1.153
202409 1.169 115.785 1.172
202412 1.137 114.893 1.149
202503 1.155 115.116 1.164
202506 1.154 114.907 1.166
202509 1.183 115.471 1.189
202512 1.164 115.832 1.166
202603 1.204 116.303 1.201
202606 1.200 116.056 1.200

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 1.20 mean?
Shenzhen Hepalink Pharmaceutical Group Co (SHEZF) has a Cyclically Adjusted PB Ratio of 1.20 as of Sep. 13, 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 Shenzhen Hepalink Pharmaceutical Group Co and its competitors. This is 45% below median its historical median of 2.18. Over the past decade, Shenzhen Hepalink Pharmaceutical Group Co's Cyclically Adjusted PB Ratio has ranged from 1.05 to 4.29. According to the industry distribution chart, Shenzhen Hepalink Pharmaceutical Group Co ranks #257 out of 637 companies in the Drug Manufacturers industry, placing it in the top 40.3%.
Is Shenzhen Hepalink Pharmaceutical Group Co's Cyclically Adjusted PB Ratio too high?
Shenzhen Hepalink Pharmaceutical Group Co's current Cyclically Adjusted PB Ratio of 1.20 is 45% below median its 10-year median of 2.18. Over the past 10 years, this metric has ranged from a low of 1.05 to a high of 4.29. The Drug Manufacturers industry median Cyclically Adjusted PB Ratio is 1.68. Shenzhen Hepalink Pharmaceutical Group Co's value of 1.20 is 28.6% below this industry median. Based on the distribution chart, Shenzhen Hepalink Pharmaceutical Group Co ranks #257 out of 637 companies in the Drug Manufacturers industry, which is above the industry midpoint. Overall, Shenzhen Hepalink Pharmaceutical Group Co has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Shenzhen Hepalink Pharmaceutical Group Co's Cyclically Adjusted PB Ratio compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Shenzhen Hepalink Pharmaceutical Group Co ranks #257 out of 637 companies for Cyclically Adjusted PB Ratio. This puts Shenzhen Hepalink Pharmaceutical Group Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.68. Shenzhen Hepalink Pharmaceutical Group Co's value of 1.20 is 28.6% below this benchmark. Historically, Shenzhen Hepalink Pharmaceutical Group Co's own Cyclically Adjusted PB Ratio has ranged from 1.05 to 4.29 over the past decade. While the company's 10-year median is 2.18 vs. the industry median of 1.68, Shenzhen Hepalink Pharmaceutical Group Co 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 Drug Manufacturers company?
The median Cyclically Adjusted PB Ratio among Drug Manufacturers companies is 1.68, based on 637 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. Shenzhen Hepalink Pharmaceutical Group Co's current Cyclically Adjusted PB Ratio of 1.20 is 28.6% 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 Shenzhen Hepalink Pharmaceutical Group Co and its competitors. For the Drug Manufacturers industry, the median Cyclically Adjusted PB Ratio is 1.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shenzhen Hepalink Pharmaceutical Group Co's current Cyclically Adjusted PB Ratio is 1.20, which is 45% below median its own 10-year median of 2.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen Hepalink Pharmaceutical Group Co stock overvalued right now?
Shenzhen Hepalink Pharmaceutical Group Co (SHEZF) has a current Cyclically Adjusted PB Ratio of 1.20. The stock's GF Value™ is $0.52, compared to a current price of $0.47 — trading 9.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.20, which is 45% below median its 10-year median of 2.18 and 28.6% below the Drug Manufacturers industry median of 1.68. Shenzhen Hepalink Pharmaceutical Group Co's overall GF Score™ is 77/100 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 Shenzhen Hepalink Pharmaceutical Group Co (SHEZF), the current Cyclically Adjusted PB Ratio is 1.20 as of Sep. 13, 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 Shenzhen Hepalink Pharmaceutical Group Co (SHEZF) Overvalued in 2026?

Based on GuruFocus' analysis, Shenzhen Hepalink Pharmaceutical Group Co stock appears to be undervalued. The current stock price of $0.47 is trading 9.7% below its estimated GF Value™ of $0.52.

Key valuation signals for SHEZF:

  • Cyclically Adjusted PB Ratio: 1.20 (45% below median its 10-year median of 2.18)
  • GF Value™: $0.52 vs. price of $0.47 (9.7% below fair value)
  • GF Score™: 77/100 with 6 warning signs
  • Industry Position: 28.6% below the Drug Manufacturers median (#257 of 637)

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


Shenzhen Hepalink Pharmaceutical Group Co Business Description

Other Exchanges 09989:Hong Kong002399:China
Address No. 21 Langshan Road, Songping Mountain, Guangdong Province, Nanshan District, Shenzhen, CHN, 518057
Shenzhen Hepalink Pharmaceutical Group Co Ltd is a China-based company. Along with its subsidiary, it is engaged in biopharmaceutical production, biopharmaceutical services, biopharmaceutical trading, and biopharmaceutical research and development in Asia, Europe, North America, and Australia, and investment business in Asia and North America. The Group mainly operates three main business segments, including the Finished dose pharmaceutical products; Active pharmaceutical ingredients; CDMO business; and Others. The geographical presence of the company is in Hong Kong, the United States of America, Europe, Mainland China, and Other countries. The majority of the company's revenue comes from Europe and the USA.
77GF Score

Get the complete analysis for SHEZF

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

$0.47
Price
$0.52
GF Value