Yunnan Yuntianhua Co (SHSE:600096) Cyclically Adjusted PB Ratio: 4.35 (As of Aug. 03, 2026) — 56% Above 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.

SHSE:600096 Yunnan Yuntianhua Co Ltd SHSE:600096
67 GF Score
Price ¥29.55
GF Value ¥16.72
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Yunnan Yuntianhua Co Cyclically Adjusted PB Ratio?

Yunnan Yuntianhua Co SHSE:600096 -1.07% 67 Cyclically Adjusted PB Ratio is 4.35 as of Aug. 03, 2026, which is 56% above its 10-year median of 2.78. GuruFocus rates SHSE:600096 with a GF Score™ of 67/100 and a GF Value™ of ¥16.72 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 197 Agriculture companies, Yunnan Yuntianhua Co ranks worse than 86.29% on this metric.

As of today (2026-08-03), Yunnan Yuntianhua Co's current share price is ¥29.55. Yunnan Yuntianhua Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ¥6.80. Yunnan Yuntianhua Co's Cyclically Adjusted PB Ratio for today is 4.35.

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

SHSE:600096' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.63   Med: 2.78   Max: 6.75
Current: 4.23

During the past years, Yunnan Yuntianhua Co's highest Cyclically Adjusted PB Ratio was 6.75. The lowest was 0.63. And the median was 2.78.

SHSE:600096's Cyclically Adjusted PB Ratio is ranked worse than
86.29% of 197 companies
in the Agriculture industry
Industry Median: 1.35 vs SHSE:600096: 4.23

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.

Yunnan Yuntianhua Co's adjusted book value per share data for the three months ended in Mar. 2026 was ¥14.292. 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 ¥6.80 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yunnan Yuntianhua Co  (SHSE:600096) 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.


Yunnan Yuntianhua Co Cyclically Adjusted PB Ratio Related Terms


Yunnan Yuntianhua Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Yunnan Yuntianhua 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.

Yunnan Yuntianhua Co Cyclically Adjusted PB Ratio Chart

Yunnan Yuntianhua 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 3.54 4.06 2.93 3.86 5.09

Yunnan Yuntianhua 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 3.83 3.58 4.22 5.09 4.91

SHSE:600096 vs CTVA, CF, MOS: Cyclically Adjusted PB Ratio Comparison

For the Agricultural Inputs subindustry, Yunnan Yuntianhua 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.


Yunnan Yuntianhua Co Cyclically Adjusted PB Ratio vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Yunnan Yuntianhua Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Yunnan Yuntianhua Co's Cyclically Adjusted PB Ratio falls into.


SHSE:600096
67GF Score
Yunnan Yuntianhua Co Ltd SHSE:600096
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Yunnan Yuntianhua 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.

Yunnan Yuntianhua Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=29.55/6.80
=4.35

* 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.

Yunnan Yuntianhua Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Yunnan Yuntianhua 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)
=14.292/116.3033*116.3033
=14.292

Current CPI (Mar. 2026) = 116.3033.

Yunnan Yuntianhua Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 4.693 101.400 5.383
201609 4.277 102.400 4.858
201612 3.112 102.600 3.528
201703 2.962 103.200 3.338
201706 2.772 103.100 3.127
201709 2.688 104.100 3.003
201712 2.755 104.500 3.066
201803 2.809 105.300 3.103
201806 3.033 104.900 3.363
201809 3.054 106.600 3.332
201812 3.212 106.500 3.508
201903 3.165 107.700 3.418
201906 3.345 107.700 3.612
201909 3.366 109.800 3.565
201912 3.067 111.200 3.208
202003 3.081 112.300 3.191
202006 3.113 110.400 3.279
202009 3.170 111.700 3.301
202012 4.509 111.500 4.703
202103 3.827 112.662 3.951
202106 4.335 111.769 4.511
202109 5.094 112.215 5.280
202112 5.559 113.108 5.716
202203 6.502 114.335 6.614
202206 7.539 114.558 7.654
202209 8.560 115.339 8.632
202212 8.919 115.116 9.011
202303 9.794 115.116 9.895
202306 9.457 114.558 9.601
202309 9.885 115.339 9.968
202312 10.218 114.781 10.354
202403 11.035 115.227 11.138
202406 10.834 114.781 10.978
202409 11.702 115.785 11.754
202412 12.201 114.893 12.351
202503 12.981 115.116 13.115
202506 12.402 114.907 12.553
202509 13.285 115.471 13.381
202512 13.484 115.832 13.539
202603 14.292 116.303 14.292

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 4.35 mean?
Yunnan Yuntianhua Co (SHSE:600096) has a Cyclically Adjusted PB Ratio of 4.35 as of Aug. 03, 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 Yunnan Yuntianhua Co and its competitors. This is 56% above median its historical median of 2.78. Over the past decade, Yunnan Yuntianhua Co's Cyclically Adjusted PB Ratio has ranged from 0.63 to 6.75. According to the industry distribution chart, Yunnan Yuntianhua Co ranks #170 out of 197 companies in the Agriculture industry, placing it in the top 86.3%.
Is Yunnan Yuntianhua Co's Cyclically Adjusted PB Ratio too high?
Yunnan Yuntianhua Co's current Cyclically Adjusted PB Ratio of 4.35 is 56% above median its 10-year median of 2.78. Over the past 10 years, this metric has ranged from a low of 0.63 to a high of 6.75. The Agriculture industry median Cyclically Adjusted PB Ratio is 1.35. Yunnan Yuntianhua Co's value of 4.35 is 222.2% above this industry median. Based on the distribution chart, Yunnan Yuntianhua Co ranks #170 out of 197 companies in the Agriculture industry, which is in the bottom quartile relative to peers. Overall, Yunnan Yuntianhua Co has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Yunnan Yuntianhua Co's Cyclically Adjusted PB Ratio compare to CTVA and CF?
According to the Agriculture industry distribution chart, Yunnan Yuntianhua Co ranks #170 out of 197 companies for Cyclically Adjusted PB Ratio. This places Yunnan Yuntianhua Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.35. Yunnan Yuntianhua Co's value of 4.35 is 222.2% above this benchmark. Historically, Yunnan Yuntianhua Co's own Cyclically Adjusted PB Ratio has ranged from 0.63 to 6.75 over the past decade. While the company's 10-year median is 2.78 vs. the industry median of 1.35, Yunnan Yuntianhua 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 an Agriculture company?
The median Cyclically Adjusted PB Ratio among Agriculture companies is 1.35, based on 197 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. Yunnan Yuntianhua Co's current Cyclically Adjusted PB Ratio of 4.35 is 222.2% 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 Yunnan Yuntianhua Co and its competitors. For the Agriculture industry, the median Cyclically Adjusted PB Ratio is 1.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yunnan Yuntianhua Co's current Cyclically Adjusted PB Ratio is 4.35, which is 56% above median its own 10-year median of 2.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yunnan Yuntianhua Co stock overvalued right now?
Based on GuruFocus' analysis, Yunnan Yuntianhua Co (SHSE:600096) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥16.72, compared to a current price of ¥29.55 — trading 76.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.35, which is 56% above median its 10-year median of 2.78 and 222.2% above the Agriculture industry median of 1.35. Yunnan Yuntianhua Co's overall GF Score™ is 67/100 with 1 warning sign 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 Yunnan Yuntianhua Co (SHSE:600096), the current Cyclically Adjusted PB Ratio is 4.35 as of Aug. 03, 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 Yunnan Yuntianhua Co (SHSE:600096) Overvalued in 2026?

Based on GuruFocus' analysis, Yunnan Yuntianhua Co stock appears to be overvalued. The current stock price of ¥29.55 is trading 76.7% above its estimated GF Value™ of ¥16.72. GuruFocus considers Yunnan Yuntianhua Co to be Significantly Overvalued.

Key valuation signals for SHSE:600096:

  • Cyclically Adjusted PB Ratio: 4.35 (56% above median its 10-year median of 2.78)
  • GF Value™: ¥16.72 vs. price of ¥29.55 (76.7% above fair value)
  • GF Score™: 67/100 with 1 warning sign
  • Industry Position: 222.2% above the Agriculture median (#170 of 197)

No single metric tells the full story. See the SHSE:600096 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Yunnan Yuntianhua Co Business Description

Address No. 1417, Dianchi Road, Yunnan Province, Kunming, CHN, 650228
Yunnan Yuntianhua Co Ltd is engaged in the manufacturing of phosphate fertilizer, nitrogen fertilizer, and copolymerized formaldehyde. The products of the company include diammonium phosphate, potassium sulphate, urea, ammonium nitrate, calcium phosphate, and urea phosphate.
67GF Score

Get the complete analysis for SHSE:600096

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

¥29.55
Price
¥16.72
GF Value