Shenzhen Heungkong Holding Co (SHSE:600162) Cyclically Adjusted PB Ratio: 2.50 (As of Aug. 14, 2026) — 112% Above Median

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SHSE:600162 Shenzhen Heungkong Holding Co Ltd SHSE:600162
35 GF Score
Price ¥4.70
GF Value ¥0.62
Valuation Significantly Overvalued
! 12 Warning Signs
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What is Shenzhen Heungkong Holding Co Cyclically Adjusted PB Ratio?

Shenzhen Heungkong Holding Co SHSE:600162 +2.84% 35 Cyclically Adjusted PB Ratio is 2.50 as of Aug. 14, 2026, which is 112% above its 10-year median of 1.18. GuruFocus rates SHSE:600162 with a GF Score™ of 35/100 and a GF Value™ of ¥0.62 (Significantly Overvalued). The stock has 12 warning signs investors should review. Among 1,401 Real Estate companies, Shenzhen Heungkong Holding Co ranks worse than 84.94% on this metric.

As of today (2026-08-14), Shenzhen Heungkong Holding Co's current share price is ¥4.70. Shenzhen Heungkong Holding Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ¥1.88. Shenzhen Heungkong Holding Co's Cyclically Adjusted PB Ratio for today is 2.50.

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

SHSE:600162' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.69   Med: 1.18   Max: 3.39
Current: 1.98

During the past years, Shenzhen Heungkong Holding Co's highest Cyclically Adjusted PB Ratio was 3.39. The lowest was 0.69. And the median was 1.18.

SHSE:600162's Cyclically Adjusted PB Ratio is ranked worse than
84.94% of 1401 companies
in the Real Estate industry
Industry Median: 0.69 vs SHSE:600162: 1.98

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 Heungkong Holding Co's adjusted book value per share data for the three months ended in Mar. 2026 was ¥1.752. 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 ¥1.88 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shenzhen Heungkong Holding Co  (SHSE:600162) 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 Heungkong Holding Co Cyclically Adjusted PB Ratio Related Terms


Shenzhen Heungkong Holding Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Shenzhen Heungkong Holding 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 Heungkong Holding Co Cyclically Adjusted PB Ratio Chart

Shenzhen Heungkong Holding 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 1.21 1.02 0.93 1.02 0.98

Shenzhen Heungkong Holding 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 0.93 0.87 1.10 0.98 0.95

Shenzhen Heungkong Holding Co Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, Shenzhen Heungkong Holding 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 Heungkong Holding Co Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Shenzhen Heungkong Holding Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Shenzhen Heungkong Holding Co's Cyclically Adjusted PB Ratio falls into.


SHSE:600162
35GF Score
Shenzhen Heungkong Holding Co Ltd SHSE:600162
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Shenzhen Heungkong Holding 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 Heungkong Holding Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.70/1.88
=2.50

* 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.

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

For example, Shenzhen Heungkong Holding 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)
=1.752/116.3033*116.3033
=1.752

Current CPI (Mar. 2026) = 116.3033.

Shenzhen Heungkong Holding Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.889 101.400 2.167
201609 1.694 102.400 1.924
201612 1.740 102.600 1.972
201703 2.144 103.200 2.416
201706 2.109 103.100 2.379
201709 2.146 104.100 2.398
201712 2.265 104.500 2.521
201803 1.516 105.300 1.674
201806 1.388 104.900 1.539
201809 1.428 106.600 1.558
201812 1.517 106.500 1.657
201903 1.500 107.700 1.620
201906 1.568 107.700 1.693
201909 1.510 109.800 1.599
201912 1.585 111.200 1.658
202003 1.574 112.300 1.630
202006 1.510 110.400 1.591
202009 1.501 111.700 1.563
202012 1.566 111.500 1.633
202103 1.564 112.662 1.615
202106 1.567 111.769 1.631
202109 1.555 112.215 1.612
202112 2.146 113.108 2.207
202203 2.157 114.335 2.194
202206 2.117 114.558 2.149
202209 2.232 115.339 2.251
202212 2.032 115.116 2.053
202303 2.059 115.116 2.080
202306 1.946 114.558 1.976
202309 1.936 115.339 1.952
202312 1.933 114.781 1.959
202403 1.941 115.227 1.959
202406 1.800 114.781 1.824
202409 1.807 115.785 1.815
202412 1.805 114.893 1.827
202503 1.795 115.116 1.814
202506 1.790 114.907 1.812
202509 1.769 115.471 1.782
202512 1.759 115.832 1.766
202603 1.752 116.303 1.752

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 2.50 mean?
Shenzhen Heungkong Holding Co (SHSE:600162) has a Cyclically Adjusted PB Ratio of 2.50 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 Shenzhen Heungkong Holding Co and its competitors. This is 112% above median its historical median of 1.18. Over the past decade, Shenzhen Heungkong Holding Co's Cyclically Adjusted PB Ratio has ranged from 0.69 to 3.39. According to the industry distribution chart, Shenzhen Heungkong Holding Co ranks #1190 out of 1401 companies in the Real Estate industry, placing it in the top 84.9%.
Is Shenzhen Heungkong Holding Co's Cyclically Adjusted PB Ratio too high?
Shenzhen Heungkong Holding Co's current Cyclically Adjusted PB Ratio of 2.50 is 112% above median its 10-year median of 1.18. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 3.39. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.69. Shenzhen Heungkong Holding Co's value of 2.50 is 262.3% above this industry median. Based on the distribution chart, Shenzhen Heungkong Holding Co ranks #1190 out of 1401 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Shenzhen Heungkong Holding Co has a GF Score™ of 35/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shenzhen Heungkong Holding Co's Cyclically Adjusted PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Shenzhen Heungkong Holding Co ranks #1190 out of 1401 companies for Cyclically Adjusted PB Ratio. This places Shenzhen Heungkong Holding Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.69. Shenzhen Heungkong Holding Co's value of 2.50 is 262.3% above this benchmark. Historically, Shenzhen Heungkong Holding Co's own Cyclically Adjusted PB Ratio has ranged from 0.69 to 3.39 over the past decade. While the company's 10-year median is 1.18 vs. the industry median of 0.69, Shenzhen Heungkong Holding 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 Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.69, based on 1,401 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 Heungkong Holding Co's current Cyclically Adjusted PB Ratio of 2.50 is 262.3% 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 Shenzhen Heungkong Holding Co and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shenzhen Heungkong Holding Co's current Cyclically Adjusted PB Ratio is 2.50, which is 112% above median its own 10-year median of 1.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen Heungkong Holding Co stock overvalued right now?
Based on GuruFocus' analysis, Shenzhen Heungkong Holding Co (SHSE:600162) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥0.62, compared to a current price of ¥4.70 — trading 658.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.50, which is 112% above median its 10-year median of 1.18 and 262.3% above the Real Estate industry median of 0.69. Shenzhen Heungkong Holding Co's overall GF Score™ is 35/100 with 12 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 Heungkong Holding Co (SHSE:600162), the current Cyclically Adjusted PB Ratio is 2.50 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 Shenzhen Heungkong Holding Co (SHSE:600162) Overvalued in 2026?

Based on GuruFocus' analysis, Shenzhen Heungkong Holding Co stock appears to be overvalued. The current stock price of ¥4.70 is trading 658.1% above its estimated GF Value™ of ¥0.62. GuruFocus considers Shenzhen Heungkong Holding Co to be Significantly Overvalued.

Key valuation signals for SHSE:600162:

  • Cyclically Adjusted PB Ratio: 2.50 (112% above median its 10-year median of 1.18)
  • GF Value™: ¥0.62 vs. price of ¥4.70 (658.1% above fair value)
  • GF Score™: 35/100 with 12 warning signs
  • Industry Position: 262.3% above the Real Estate median (#1190 of 1401)

No single metric tells the full story. See the SHSE:600162 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shenzhen Heungkong Holding Co Business Description

Address Yingbin Road, Jinxiu Xiangjiang Garden, HKHC Building, Fanyu District, Guangzhou, Guangdong, CHN, 511442
Shenzhen Heungkong Holding Co Ltd is a China-based company engaged in the development of commercial real estate properties. It is also involved in the investment promotion and operation of shops.
35GF Score

Get the complete analysis for SHSE:600162

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

¥4.70
Price
¥0.62
GF Value