Hunan Huasheng Co (SHSE:600156) Cyclically Adjusted PB Ratio: 5.50 (As of Aug. 14, 2026) — 108% 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:600156 Hunan Huasheng Co Ltd SHSE:600156
50 GF Score
Price ¥8.42
GF Value ¥5.48
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Hunan Huasheng Co Cyclically Adjusted PB Ratio?

Hunan Huasheng Co SHSE:600156 -7.37% 50 Cyclically Adjusted PB Ratio is 5.50 as of Aug. 14, 2026, which is 108% above its 10-year median of 2.65. GuruFocus rates SHSE:600156 with a GF Score™ of 50/100 and a GF Value™ of ¥5.48 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 827 Manufacturing - Apparel & Accessories companies, Hunan Huasheng Co ranks worse than 92.14% on this metric.

As of today (2026-08-14), Hunan Huasheng Co's current share price is ¥8.42. Hunan Huasheng Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ¥1.53. Hunan Huasheng Co's Cyclically Adjusted PB Ratio for today is 5.50.

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

SHSE:600156' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.67   Med: 2.65   Max: 8.88
Current: 5.49

During the past years, Hunan Huasheng Co's highest Cyclically Adjusted PB Ratio was 8.88. The lowest was 1.67. And the median was 2.65.

SHSE:600156's Cyclically Adjusted PB Ratio is ranked worse than
92.14% of 827 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.98 vs SHSE:600156: 5.49

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.

Hunan Huasheng Co's adjusted book value per share data for the three months ended in Mar. 2026 was ¥0.919. 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 ¥1.53 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hunan Huasheng Co  (SHSE:600156) 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.


Hunan Huasheng Co Cyclically Adjusted PB Ratio Related Terms


Hunan Huasheng Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Hunan Huasheng 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.

Hunan Huasheng Co Cyclically Adjusted PB Ratio Chart

Hunan Huasheng 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 2.31 2.64 2.85 2.96 5.33

Hunan Huasheng 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 3.40 4.62 5.57 5.33 5.16

Hunan Huasheng Co Cyclically Adjusted PB Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Hunan Huasheng 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.


Hunan Huasheng Co Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Hunan Huasheng Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


SHSE:600156
50GF Score
Hunan Huasheng Co Ltd SHSE:600156
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hunan Huasheng 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.

Hunan Huasheng Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.42/1.53
=5.50

* 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.

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

For example, Hunan Huasheng 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)
=0.919/116.3033*116.3033
=0.919

Current CPI (Mar. 2026) = 116.3033.

Hunan Huasheng Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.651 101.400 1.894
201609 1.632 102.400 1.854
201612 1.751 102.600 1.985
201703 1.725 103.200 1.944
201706 1.682 103.100 1.897
201709 1.644 104.100 1.837
201712 1.548 104.500 1.723
201803 1.520 105.300 1.679
201806 1.517 104.900 1.682
201809 1.495 106.600 1.631
201812 1.854 106.500 2.025
201903 1.828 107.700 1.974
201906 1.816 107.700 1.961
201909 1.788 109.800 1.894
201912 1.711 111.200 1.790
202003 1.688 112.300 1.748
202006 1.766 110.400 1.860
202009 1.790 111.700 1.864
202012 1.794 111.500 1.871
202103 1.643 112.662 1.696
202106 1.814 111.769 1.888
202109 1.725 112.215 1.788
202112 1.619 113.108 1.665
202203 1.521 114.335 1.547
202206 1.444 114.558 1.466
202209 1.169 115.339 1.179
202212 1.101 115.116 1.112
202303 1.140 115.116 1.152
202306 1.077 114.558 1.093
202309 1.046 115.339 1.055
202312 1.153 114.781 1.168
202403 1.122 115.227 1.132
202406 1.090 114.781 1.104
202409 1.099 115.785 1.104
202412 1.031 114.893 1.044
202503 1.000 115.116 1.010
202506 0.987 114.907 0.999
202509 0.982 115.471 0.989
202512 0.933 115.832 0.937
202603 0.919 116.303 0.919

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 5.50 mean?
Hunan Huasheng Co (SHSE:600156) has a Cyclically Adjusted PB Ratio of 5.50 as of Aug. 14, 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 Hunan Huasheng Co and its competitors. This is 108% above median its historical median of 2.65. Over the past decade, Hunan Huasheng Co's Cyclically Adjusted PB Ratio has ranged from 1.67 to 8.88. According to the industry distribution chart, Hunan Huasheng Co ranks #762 out of 827 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 92.1%.
Is Hunan Huasheng Co's Cyclically Adjusted PB Ratio too high?
Hunan Huasheng Co's current Cyclically Adjusted PB Ratio of 5.50 is 108% above median its 10-year median of 2.65. Over the past 10 years, this metric has ranged from a low of 1.67 to a high of 8.88. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PB Ratio is 0.98. Hunan Huasheng Co's value of 5.50 is 461.2% above this industry median. Based on the distribution chart, Hunan Huasheng Co ranks #762 out of 827 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Hunan Huasheng Co has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hunan Huasheng Co's Cyclically Adjusted PB Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Hunan Huasheng Co ranks #762 out of 827 companies for Cyclically Adjusted PB Ratio. This places Hunan Huasheng Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.98. Hunan Huasheng Co's value of 5.50 is 461.2% above this benchmark. Historically, Hunan Huasheng Co's own Cyclically Adjusted PB Ratio has ranged from 1.67 to 8.88 over the past decade. While the company's 10-year median is 2.65 vs. the industry median of 0.98, Hunan Huasheng 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 Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted PB Ratio among Manufacturing - Apparel & Accessories companies is 0.98, based on 827 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. Hunan Huasheng Co's current Cyclically Adjusted PB Ratio of 5.50 is 461.2% 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 Hunan Huasheng Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PB Ratio is 0.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hunan Huasheng Co's current Cyclically Adjusted PB Ratio is 5.50, which is 108% above median its own 10-year median of 2.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hunan Huasheng Co stock overvalued right now?
Based on GuruFocus' analysis, Hunan Huasheng Co (SHSE:600156) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥5.48, compared to a current price of ¥8.42 — trading 53.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 5.50, which is 108% above median its 10-year median of 2.65 and 461.2% above the Manufacturing - Apparel & Accessories industry median of 0.98. Hunan Huasheng Co's overall GF Score™ is 50/100 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 Hunan Huasheng Co (SHSE:600156), the current Cyclically Adjusted PB Ratio is 5.50 as of Aug. 14, 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 Hunan Huasheng Co (SHSE:600156) Overvalued in 2026?

Based on GuruFocus' analysis, Hunan Huasheng Co stock appears to be overvalued. The current stock price of ¥8.42 is trading 53.6% above its estimated GF Value™ of ¥5.48. GuruFocus considers Hunan Huasheng Co to be Significantly Overvalued.

Key valuation signals for SHSE:600156:

  • Cyclically Adjusted PB Ratio: 5.50 (108% above median its 10-year median of 2.65)
  • GF Value™: ¥5.48 vs. price of ¥8.42 (53.6% above fair value)
  • GF Score™: 50/100 with 5 warning signs
  • Industry Position: 461.2% above the Manufacturing - Apparel & Accessories median (#762 of 827)

No single metric tells the full story. See the SHSE:600156 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hunan Huasheng Co Business Description

Address 420, 3rd section of middle Furong Road, Hunan-Huasheng Building, Changsha, Hunan, CHN, 410015
Hunan Huasheng Co Ltd is engaged in the production of hemp textiles and garments.
50GF Score

Get the complete analysis for SHSE:600156

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

¥8.42
Price
¥5.48
GF Value