Baotou Huazi Industry Co (SHSE:600191) Cyclically Adjusted PB Ratio: 2.67 (As of Aug. 12, 2026) — 92% Above Median

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SHSE:600191 Baotou Huazi Industry Co Ltd SHSE:600191
67 GF Score
Price ¥10.53
GF Value ¥8.88
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Baotou Huazi Industry Co Cyclically Adjusted PB Ratio?

Baotou Huazi Industry Co SHSE:600191 +5.83% 67 Cyclically Adjusted PB Ratio is 2.67 as of Aug. 12, 2026, which is 92% above its 10-year median of 1.39. GuruFocus rates SHSE:600191 with a GF Score™ of 67/100 and a GF Value™ of ¥8.88 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,403 Consumer Packaged Goods companies, Baotou Huazi Industry Co ranks worse than 76.76% on this metric.

As of today (2026-08-12), Baotou Huazi Industry Co's current share price is ¥10.53. Baotou Huazi Industry Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ¥3.94. Baotou Huazi Industry Co's Cyclically Adjusted PB Ratio for today is 2.67.

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

SHSE:600191' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.58   Med: 1.39   Max: 3.62
Current: 2.72

During the past years, Baotou Huazi Industry Co's highest Cyclically Adjusted PB Ratio was 3.62. The lowest was 0.58. And the median was 1.39.

SHSE:600191's Cyclically Adjusted PB Ratio is ranked worse than
76.76% of 1403 companies
in the Consumer Packaged Goods industry
Industry Median: 1.26 vs SHSE:600191: 2.72

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.

Baotou Huazi Industry Co's adjusted book value per share data for the three months ended in Mar. 2026 was ¥3.542. 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 ¥3.94 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Baotou Huazi Industry Co  (SHSE:600191) 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.


Baotou Huazi Industry Co Cyclically Adjusted PB Ratio Related Terms


Baotou Huazi Industry Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Baotou Huazi Industry 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.

Baotou Huazi Industry Co Cyclically Adjusted PB Ratio Chart

Baotou Huazi Industry 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 0.84 1.22 1.49 1.70 3.25

Baotou Huazi Industry 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 1.80 1.83 1.98 3.25 3.08

SHSE:600191 vs MDLZ, HSY, TR: Cyclically Adjusted PB Ratio Comparison

For the Confectioners subindustry, Baotou Huazi Industry 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.


Baotou Huazi Industry Co Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Baotou Huazi Industry Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Baotou Huazi Industry Co's Cyclically Adjusted PB Ratio falls into.


SHSE:600191
67GF Score
Baotou Huazi Industry Co Ltd SHSE:600191
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Baotou Huazi Industry 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.

Baotou Huazi Industry Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.53/3.94
=2.67

* 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.

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

For example, Baotou Huazi Industry 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)
=3.542/116.3033*116.3033
=3.542

Current CPI (Mar. 2026) = 116.3033.

Baotou Huazi Industry Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 4.414 101.400 5.063
201609 4.439 102.400 5.042
201612 4.521 102.600 5.125
201703 4.577 103.200 5.158
201706 4.564 103.100 5.148
201709 4.612 104.100 5.153
201712 4.231 104.500 4.709
201803 4.533 105.300 5.007
201806 4.289 104.900 4.755
201809 4.354 106.600 4.750
201812 3.772 106.500 4.119
201903 4.016 107.700 4.337
201906 3.925 107.700 4.239
201909 3.892 109.800 4.123
201912 3.904 111.200 4.083
202003 3.725 112.300 3.858
202006 3.752 110.400 3.953
202009 3.779 111.700 3.935
202012 3.478 111.500 3.628
202103 3.478 112.662 3.590
202106 3.485 111.769 3.626
202109 3.439 112.215 3.564
202112 3.453 113.108 3.551
202203 3.378 114.335 3.436
202206 3.332 114.558 3.383
202209 3.273 115.339 3.300
202212 3.054 115.116 3.086
202303 3.163 115.116 3.196
202306 3.175 114.558 3.223
202309 3.170 115.339 3.197
202312 3.173 114.781 3.215
202403 3.270 115.227 3.301
202406 3.331 114.781 3.375
202409 3.388 115.785 3.403
202412 3.378 114.893 3.419
202503 3.395 115.116 3.430
202506 3.390 114.907 3.431
202509 3.491 115.471 3.516
202512 3.496 115.832 3.510
202603 3.542 116.303 3.542

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 2.67 mean?
Baotou Huazi Industry Co (SHSE:600191) has a Cyclically Adjusted PB Ratio of 2.67 as of Aug. 12, 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 Baotou Huazi Industry Co and its competitors. This is 92% above median its historical median of 1.39. Over the past decade, Baotou Huazi Industry Co's Cyclically Adjusted PB Ratio has ranged from 0.58 to 3.62. According to the industry distribution chart, Baotou Huazi Industry Co ranks #1077 out of 1403 companies in the Consumer Packaged Goods industry, placing it in the top 76.8%.
Is Baotou Huazi Industry Co's Cyclically Adjusted PB Ratio too high?
Baotou Huazi Industry Co's current Cyclically Adjusted PB Ratio of 2.67 is 92% above median its 10-year median of 1.39. Over the past 10 years, this metric has ranged from a low of 0.58 to a high of 3.62. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.26. Baotou Huazi Industry Co's value of 2.67 is 111.9% above this industry median. Based on the distribution chart, Baotou Huazi Industry Co ranks #1077 out of 1403 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Baotou Huazi Industry Co has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Baotou Huazi Industry Co's Cyclically Adjusted PB Ratio compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, Baotou Huazi Industry Co ranks #1077 out of 1403 companies for Cyclically Adjusted PB Ratio. This places Baotou Huazi Industry Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.26. Baotou Huazi Industry Co's value of 2.67 is 111.9% above this benchmark. Historically, Baotou Huazi Industry Co's own Cyclically Adjusted PB Ratio has ranged from 0.58 to 3.62 over the past decade. While the company's 10-year median is 1.39 vs. the industry median of 1.26, Baotou Huazi Industry 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 Consumer Packaged Goods company?
The median Cyclically Adjusted PB Ratio among Consumer Packaged Goods companies is 1.26, based on 1,403 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. Baotou Huazi Industry Co's current Cyclically Adjusted PB Ratio of 2.67 is 111.9% 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 Baotou Huazi Industry Co and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PB Ratio is 1.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Baotou Huazi Industry Co's current Cyclically Adjusted PB Ratio is 2.67, which is 92% above median its own 10-year median of 1.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Baotou Huazi Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Baotou Huazi Industry Co (SHSE:600191) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥8.88, compared to a current price of ¥10.53 — trading 18.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.67, which is 92% above median its 10-year median of 1.39 and 111.9% above the Consumer Packaged Goods industry median of 1.26. Baotou Huazi Industry Co's overall GF Score™ is 67/100 with 2 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 Baotou Huazi Industry Co (SHSE:600191), the current Cyclically Adjusted PB Ratio is 2.67 as of Aug. 12, 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 Baotou Huazi Industry Co (SHSE:600191) Overvalued in 2026?

Based on GuruFocus' analysis, Baotou Huazi Industry Co stock appears to be overvalued. The current stock price of ¥10.53 is trading 18.6% above its estimated GF Value™ of ¥8.88. GuruFocus considers Baotou Huazi Industry Co to be Modestly Overvalued.

Key valuation signals for SHSE:600191:

  • Cyclically Adjusted PB Ratio: 2.67 (92% above median its 10-year median of 1.39)
  • GF Value™: ¥8.88 vs. price of ¥10.53 (18.6% above fair value)
  • GF Score™: 67/100 with 2 warning signs
  • Industry Position: 111.9% above the Consumer Packaged Goods median (#1077 of 1403)

No single metric tells the full story. See the SHSE:600191 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Baotou Huazi Industry Co Business Description

Address Inner Mongolia Autonomous Region, Donghe District, Baotou, CHN, 014045
Baotou Huazi Industry Co Ltd is a China-based company engaged in the sugar business. It is involved in the production and sales of sugar. The company's main products are Prairie brand sugar products.
67GF Score

Get the complete analysis for SHSE:600191

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

¥10.53
Price
¥8.88
GF Value