Hisense Visual Technology Co (SHSE:600060) Cyclically Adjusted PB Ratio: 2.12 (As of Aug. 28, 2026) — 26% Above Median

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SHSE:600060 Hisense Visual Technology Co Ltd SHSE:600060
82 GF Score
Price ¥27.82
GF Value ¥24.75
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Hisense Visual Technology Co Cyclically Adjusted PB Ratio?

Hisense Visual Technology Co SHSE:600060 -0.61% 82 Cyclically Adjusted PB Ratio is 2.12 as of Aug. 28, 2026, which is 26% above its 10-year median of 1.68. GuruFocus rates SHSE:600060 with a GF Score™ of 82/100 and a GF Value™ of ¥24.75 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,931 Hardware companies, Hisense Visual Technology Co ranks worse than 51.01% on this metric.

As of today (2026-08-28), Hisense Visual Technology Co's current share price is ¥27.82. Hisense Visual Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ¥13.10. Hisense Visual Technology Co's Cyclically Adjusted PB Ratio for today is 2.12.

The historical rank and industry rank for Hisense Visual Technology Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:600060' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.9   Med: 1.68   Max: 3.18
Current: 2.12

During the past years, Hisense Visual Technology Co's highest Cyclically Adjusted PB Ratio was 3.18. The lowest was 0.90. And the median was 1.68.

SHSE:600060's Cyclically Adjusted PB Ratio is ranked worse than
51.01% of 1931 companies
in the Hardware industry
Industry Median: 2.05 vs SHSE:600060: 2.12

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.

Hisense Visual Technology Co's adjusted book value per share data for the three months ended in Jun. 2026 was ¥16.944. 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 ¥13.10 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hisense Visual Technology Co  (SHSE:600060) 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.


Hisense Visual Technology Co Cyclically Adjusted PB Ratio Related Terms


Hisense Visual Technology Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Hisense Visual Technology 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.

Hisense Visual Technology Co Cyclically Adjusted PB Ratio Chart

Hisense Visual Technology 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 1.30 1.22 1.80 1.65 1.90

Hisense Visual Technology 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 1.86 1.92 1.90 1.72 2.13

SHSE:600060 vs AAPL: Cyclically Adjusted PB Ratio Comparison

For the Consumer Electronics subindustry, Hisense Visual Technology 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.


Hisense Visual Technology Co Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Hisense Visual Technology Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Hisense Visual Technology Co's Cyclically Adjusted PB Ratio falls into.


SHSE:600060
82GF Score
Hisense Visual Technology Co Ltd SHSE:600060
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hisense Visual Technology 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.

Hisense Visual Technology Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=27.82/13.10
=2.12

* 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.

Hisense Visual Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Hisense Visual Technology 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)
=16.944/116.0564*116.0564
=16.944

Current CPI (Jun. 2026) = 116.0564.

Hisense Visual Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 9.614 102.400 10.896
201612 10.076 102.600 11.398
201703 10.307 103.200 11.591
201706 10.406 103.100 11.714
201709 10.155 104.100 11.321
201712 10.514 104.500 11.677
201803 10.798 105.300 11.901
201806 10.849 104.900 12.003
201809 10.708 106.600 11.658
201812 10.805 106.500 11.775
201903 10.795 107.700 11.633
201906 10.829 107.700 11.669
201909 10.892 109.800 11.513
201912 11.142 111.200 11.629
202003 11.145 112.300 11.518
202006 11.392 110.400 11.976
202009 11.432 111.700 11.878
202012 11.902 111.500 12.388
202103 12.057 112.662 12.420
202106 11.995 111.769 12.455
202109 11.906 112.215 12.314
202112 12.294 113.108 12.615
202203 12.573 114.335 12.762
202206 12.718 114.558 12.884
202209 12.865 115.339 12.945
202212 13.422 115.116 13.532
202303 13.915 115.116 14.029
202306 13.689 114.558 13.868
202309 14.164 115.339 14.252
202312 14.474 114.781 14.635
202403 14.648 115.227 14.753
202406 13.919 114.781 14.074
202409 14.382 115.785 14.416
202412 15.069 114.893 15.222
202503 15.499 115.116 15.626
202506 15.167 114.907 15.319
202509 15.660 115.471 15.739
202512 16.292 115.832 16.324
202603 16.724 116.303 16.688
202606 16.944 116.056 16.944

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 2.12 mean?
Hisense Visual Technology Co (SHSE:600060) has a Cyclically Adjusted PB Ratio of 2.12 as of Aug. 28, 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 Hisense Visual Technology Co and its competitors. This is 26% above median its historical median of 1.68. Over the past decade, Hisense Visual Technology Co's Cyclically Adjusted PB Ratio has ranged from 0.90 to 3.18. According to the industry distribution chart, Hisense Visual Technology Co ranks #985 out of 1931 companies in the Hardware industry, placing it in the top 51%.
Is Hisense Visual Technology Co's Cyclically Adjusted PB Ratio too high?
Hisense Visual Technology Co's current Cyclically Adjusted PB Ratio of 2.12 is 26% above median its 10-year median of 1.68. Over the past 10 years, this metric has ranged from a low of 0.90 to a high of 3.18. The Hardware industry median Cyclically Adjusted PB Ratio is 2.05. Hisense Visual Technology Co's value of 2.12 is 3.4% above this industry median. Based on the distribution chart, Hisense Visual Technology Co ranks #985 out of 1931 companies in the Hardware industry, which is below the industry midpoint. Overall, Hisense Visual Technology Co has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hisense Visual Technology Co's Cyclically Adjusted PB Ratio compare to AAPL?
According to the Hardware industry distribution chart, Hisense Visual Technology Co ranks #985 out of 1931 companies for Cyclically Adjusted PB Ratio. This places Hisense Visual Technology Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.05. Hisense Visual Technology Co's value of 2.12 is 3.4% above this benchmark. Historically, Hisense Visual Technology Co's own Cyclically Adjusted PB Ratio has ranged from 0.90 to 3.18 over the past decade. While the company's 10-year median is 1.68 vs. the industry median of 2.05, Hisense Visual Technology Co has consistently been above 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 Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.05, based on 1,931 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. Hisense Visual Technology Co's current Cyclically Adjusted PB Ratio of 2.12 is 3.4% above 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 Hisense Visual Technology Co and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hisense Visual Technology Co's current Cyclically Adjusted PB Ratio is 2.12, which is 26% above median its own 10-year median of 1.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hisense Visual Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Hisense Visual Technology Co (SHSE:600060) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥24.75, compared to a current price of ¥27.82 — trading 12.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.12, which is 26% above median its 10-year median of 1.68 and 3.4% above the Hardware industry median of 2.05. Hisense Visual Technology Co's overall GF Score™ is 82/100 with 5 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 Hisense Visual Technology Co (SHSE:600060), the current Cyclically Adjusted PB Ratio is 2.12 as of Aug. 28, 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 Hisense Visual Technology Co (SHSE:600060) Overvalued in 2026?

Based on GuruFocus' analysis, Hisense Visual Technology Co stock appears to be overvalued. The current stock price of ¥27.82 is trading 12.4% above its estimated GF Value™ of ¥24.75. GuruFocus considers Hisense Visual Technology Co to be Modestly Overvalued.

Key valuation signals for SHSE:600060:

  • Cyclically Adjusted PB Ratio: 2.12 (26% above median its 10-year median of 1.68)
  • GF Value™: ¥24.75 vs. price of ¥27.82 (12.4% above fair value)
  • GF Score™: 82/100 with 5 warning signs
  • Industry Position: 3.4% above the Hardware median (#985 of 1931)

No single metric tells the full story. See the SHSE:600060 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hisense Visual Technology Co Business Description

Address No. 218, Qianwangang Road, Economic and Technological Development Zone, Shandong Province, Qingdao, CHN, 266555
Hisense Visual Technology Co Ltd is engaged in the distribution and servicing of home appliances, telecommunications, green energy-saving refrigeration technology, and information technologies. Its brand includes Kelon, Ronshen, Vidaa among others.
82GF Score

Get the complete analysis for SHSE:600060

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

¥27.82
Price
¥24.75
GF Value