Jiangsu Chengxing Phosph-chemicals Co (SHSE:600078) Cyclically Adjusted PB Ratio: 4.04 (As of Aug. 04, 2026) — 79% Above Median

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SHSE:600078 Jiangsu Chengxing Phosph-chemicals Co Ltd SHSE:600078
53 GF Score
Price ¥10.03
GF Value ¥6.62
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Jiangsu Chengxing Phosph-chemicals Co Cyclically Adjusted PB Ratio?

Jiangsu Chengxing Phosph-chemicals Co SHSE:600078 +3.51% 53 Cyclically Adjusted PB Ratio is 4.04 as of Aug. 04, 2026, which is 79% above its 10-year median of 2.26. GuruFocus rates SHSE:600078 with a GF Score™ of 53/100 and a GF Value™ of ¥6.62 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,248 Chemicals companies, Jiangsu Chengxing Phosph-chemicals Co ranks worse than 79.09% on this metric.

As of today (2026-08-04), Jiangsu Chengxing Phosph-chemicals Co's current share price is ¥10.03. Jiangsu Chengxing Phosph-chemicals Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ¥2.48. Jiangsu Chengxing Phosph-chemicals Co's Cyclically Adjusted PB Ratio for today is 4.04.

The historical rank and industry rank for Jiangsu Chengxing Phosph-chemicals Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:600078' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.71   Med: 2.26   Max: 6.49
Current: 3.7

During the past years, Jiangsu Chengxing Phosph-chemicals Co's highest Cyclically Adjusted PB Ratio was 6.49. The lowest was 0.71. And the median was 2.26.

SHSE:600078's Cyclically Adjusted PB Ratio is ranked worse than
79.09% of 1248 companies
in the Chemicals industry
Industry Median: 1.62 vs SHSE:600078: 3.70

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.

Jiangsu Chengxing Phosph-chemicals Co's adjusted book value per share data for the three months ended in Mar. 2026 was ¥2.518. 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 ¥2.48 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jiangsu Chengxing Phosph-chemicals Co  (SHSE:600078) 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 Chengxing Phosph-chemicals Co Cyclically Adjusted PB Ratio Related Terms


Jiangsu Chengxing Phosph-chemicals Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Jiangsu Chengxing Phosph-chemicals 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 Chengxing Phosph-chemicals Co Cyclically Adjusted PB Ratio Chart

Jiangsu Chengxing Phosph-chemicals 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 3.60 4.45 3.28 2.29 3.85

Jiangsu Chengxing Phosph-chemicals Co 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 2.15 2.27 2.71 3.85 4.57

SHSE:600078 vs DOW: Cyclically Adjusted PB Ratio Comparison

For the Chemicals subindustry, Jiangsu Chengxing Phosph-chemicals 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 Chengxing Phosph-chemicals Co Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Jiangsu Chengxing Phosph-chemicals Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Jiangsu Chengxing Phosph-chemicals Co's Cyclically Adjusted PB Ratio falls into.


SHSE:600078
53GF Score
Jiangsu Chengxing Phosph-chemicals Co Ltd SHSE:600078
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jiangsu Chengxing Phosph-chemicals 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 Chengxing Phosph-chemicals Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.03/2.48
=4.04

* 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 Chengxing Phosph-chemicals Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Jiangsu Chengxing Phosph-chemicals Co'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)
=2.518/116.3033*116.3033
=2.518

Current CPI (Mar. 2026) = 116.3033.

Jiangsu Chengxing Phosph-chemicals Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.734 101.400 3.136
201609 2.740 102.400 3.112
201612 2.771 102.600 3.141
201703 2.789 103.200 3.143
201706 2.762 103.100 3.116
201709 2.796 104.100 3.124
201712 3.240 104.500 3.606
201803 2.838 105.300 3.135
201806 2.822 104.900 3.129
201809 2.811 106.600 3.067
201812 2.551 106.500 2.786
201903 2.557 107.700 2.761
201906 2.580 107.700 2.786
201909 2.630 109.800 2.786
201912 2.634 111.200 2.755
202003 2.646 112.300 2.740
202006 2.631 110.400 2.772
202009 2.633 111.700 2.742
202012 -0.846 111.500 -0.882
202103 -0.735 112.662 -0.759
202106 -0.737 111.769 -0.767
202109 -0.622 112.215 -0.645
202112 2.199 113.108 2.261
202203 2.302 114.335 2.342
202206 3.100 114.558 3.147
202209 2.974 115.339 2.999
202212 2.982 115.116 3.013
202303 3.015 115.116 3.046
202306 2.734 114.558 2.776
202309 2.725 115.339 2.748
202312 2.802 114.781 2.839
202403 2.793 115.227 2.819
202406 2.749 114.781 2.785
202409 2.639 115.785 2.651
202412 2.498 114.893 2.529
202503 2.483 115.116 2.509
202506 2.534 114.907 2.565
202509 2.565 115.471 2.583
202512 2.468 115.832 2.478
202603 2.518 116.303 2.518

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 4.04 mean?
Jiangsu Chengxing Phosph-chemicals Co (SHSE:600078) has a Cyclically Adjusted PB Ratio of 4.04 as of Aug. 04, 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 Jiangsu Chengxing Phosph-chemicals Co and its competitors. This is 79% above median its historical median of 2.26. Over the past decade, Jiangsu Chengxing Phosph-chemicals Co's Cyclically Adjusted PB Ratio has ranged from 0.71 to 6.49. According to the industry distribution chart, Jiangsu Chengxing Phosph-chemicals Co ranks #987 out of 1248 companies in the Chemicals industry, placing it in the top 79.1%.
Is Jiangsu Chengxing Phosph-chemicals Co's Cyclically Adjusted PB Ratio too high?
Jiangsu Chengxing Phosph-chemicals Co's current Cyclically Adjusted PB Ratio of 4.04 is 79% above median its 10-year median of 2.26. Over the past 10 years, this metric has ranged from a low of 0.71 to a high of 6.49. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.62. Jiangsu Chengxing Phosph-chemicals Co's value of 4.04 is 149.4% above this industry median. Based on the distribution chart, Jiangsu Chengxing Phosph-chemicals Co ranks #987 out of 1248 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Jiangsu Chengxing Phosph-chemicals Co has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu Chengxing Phosph-chemicals Co's Cyclically Adjusted PB Ratio compare to DOW?
According to the Chemicals industry distribution chart, Jiangsu Chengxing Phosph-chemicals Co ranks #987 out of 1248 companies for Cyclically Adjusted PB Ratio. This places Jiangsu Chengxing Phosph-chemicals Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.62. Jiangsu Chengxing Phosph-chemicals Co's value of 4.04 is 149.4% above this benchmark. Historically, Jiangsu Chengxing Phosph-chemicals Co's own Cyclically Adjusted PB Ratio has ranged from 0.71 to 6.49 over the past decade. While the company's 10-year median is 2.26 vs. the industry median of 1.62, Jiangsu Chengxing Phosph-chemicals 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 Chemicals company?
The median Cyclically Adjusted PB Ratio among Chemicals companies is 1.62, based on 1,248 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. Jiangsu Chengxing Phosph-chemicals Co's current Cyclically Adjusted PB Ratio of 4.04 is 149.4% 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 Jiangsu Chengxing Phosph-chemicals Co and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangsu Chengxing Phosph-chemicals Co's current Cyclically Adjusted PB Ratio is 4.04, which is 79% above median its own 10-year median of 2.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu Chengxing Phosph-chemicals Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu Chengxing Phosph-chemicals Co (SHSE:600078) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥6.62, compared to a current price of ¥10.03 — trading 51.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.04, which is 79% above median its 10-year median of 2.26 and 149.4% above the Chemicals industry median of 1.62. Jiangsu Chengxing Phosph-chemicals Co's overall GF Score™ is 53/100 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 Jiangsu Chengxing Phosph-chemicals Co (SHSE:600078), the current Cyclically Adjusted PB Ratio is 4.04 as of Aug. 04, 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 Jiangsu Chengxing Phosph-chemicals Co (SHSE:600078) Overvalued in 2026?

Based on GuruFocus' analysis, Jiangsu Chengxing Phosph-chemicals Co stock appears to be overvalued. The current stock price of ¥10.03 is trading 51.5% above its estimated GF Value™ of ¥6.62. GuruFocus considers Jiangsu Chengxing Phosph-chemicals Co to be Significantly Overvalued.

Key valuation signals for SHSE:600078:

  • Cyclically Adjusted PB Ratio: 4.04 (79% above median its 10-year median of 2.26)
  • GF Value™: ¥6.62 vs. price of ¥10.03 (51.5% above fair value)
  • GF Score™: 53/100 with 4 warning signs
  • Industry Position: 149.4% above the Chemicals median (#987 of 1248)

No single metric tells the full story. See the SHSE:600078 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jiangsu Chengxing Phosph-chemicals Co Business Description

Address No. 208 Huashan Road, Jiangyin, Jiangsu, CHN, 214432
Jiangsu Chengxing Phosph-chemicals Co Ltd is mainly engaged in the production and sale of phosphoric acid, phosphate products and yellow phosphorus.
53GF Score

Get the complete analysis for SHSE:600078

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

¥10.03
Price
¥6.62
GF Value