Guizhou Chitianhua Co (SHSE:600227) Cyclically Adjusted PB Ratio: 1.85 (As of Aug. 21, 2026) — 80% 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:600227 Guizhou Chitianhua Co Ltd SHSE:600227
42 GF Score
Price ¥3.95
GF Value ¥2.20
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Guizhou Chitianhua Co Cyclically Adjusted PB Ratio?

Guizhou Chitianhua Co SHSE:600227 +5.61% 42 Cyclically Adjusted PB Ratio is 1.85 as of Aug. 21, 2026, which is 80% above its 10-year median of 1.03. GuruFocus rates SHSE:600227 with a GF Score™ of 42/100 and a GF Value™ of ¥2.20 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 175 Agriculture companies, Guizhou Chitianhua Co ranks worse than 54.29% on this metric.

As of today (2026-08-21), Guizhou Chitianhua Co's current share price is ¥3.95. Guizhou Chitianhua Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ¥2.14. Guizhou Chitianhua Co's Cyclically Adjusted PB Ratio for today is 1.85.

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

SHSE:600227' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.46   Med: 1.03   Max: 2.28
Current: 1.55

During the past years, Guizhou Chitianhua Co's highest Cyclically Adjusted PB Ratio was 2.28. The lowest was 0.46. And the median was 1.03.

SHSE:600227's Cyclically Adjusted PB Ratio is ranked worse than
54.29% of 175 companies
in the Agriculture industry
Industry Median: 1.45 vs SHSE:600227: 1.55

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.

Guizhou Chitianhua Co's adjusted book value per share data for the three months ended in Mar. 2026 was ¥1.328. 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 ¥2.14 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Guizhou Chitianhua Co  (SHSE:600227) 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.


Guizhou Chitianhua Co Cyclically Adjusted PB Ratio Related Terms


Guizhou Chitianhua Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Guizhou Chitianhua 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.

Guizhou Chitianhua Co Cyclically Adjusted PB Ratio Chart

Guizhou Chitianhua 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 1.22 1.05 1.01 1.02 1.09

Guizhou Chitianhua 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 1.00 1.10 1.04 1.09 1.84

SHSE:600227 vs CTVA, CF, MOS: Cyclically Adjusted PB Ratio Comparison

For the Agricultural Inputs subindustry, Guizhou Chitianhua 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.


Guizhou Chitianhua Co Cyclically Adjusted PB Ratio vs Agriculture Industry

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

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


SHSE:600227
42GF Score
Guizhou Chitianhua Co Ltd SHSE:600227
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Guizhou Chitianhua 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.

Guizhou Chitianhua Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.95/2.14
=1.85

* 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.

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

For example, Guizhou Chitianhua 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)
=1.328/116.3033*116.3033
=1.328

Current CPI (Mar. 2026) = 116.3033.

Guizhou Chitianhua Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.872 101.400 3.294
201609 2.106 102.400 2.392
201612 2.673 102.600 3.030
201703 2.660 103.200 2.998
201706 2.692 103.100 3.037
201709 2.675 104.100 2.989
201712 2.671 104.500 2.973
201803 2.715 105.300 2.999
201806 2.763 104.900 3.063
201809 2.869 106.600 3.130
201812 2.870 106.500 3.134
201903 2.852 107.700 3.080
201906 2.858 107.700 3.086
201909 1.881 109.800 1.992
201912 1.856 111.200 1.941
202003 1.854 112.300 1.920
202006 1.879 110.400 1.979
202009 1.894 111.700 1.972
202012 1.889 111.500 1.970
202103 1.920 112.662 1.982
202106 1.951 111.769 2.030
202109 1.971 112.215 2.043
202112 1.856 113.108 1.908
202203 1.817 114.335 1.848
202206 1.813 114.558 1.841
202209 1.738 115.339 1.753
202212 1.640 115.116 1.657
202303 1.630 115.116 1.647
202306 1.558 114.558 1.582
202309 1.505 115.339 1.518
202312 1.565 114.781 1.586
202403 1.554 115.227 1.569
202406 1.547 114.781 1.568
202409 1.539 115.785 1.546
202412 1.507 114.893 1.526
202503 1.480 115.116 1.495
202506 1.481 114.907 1.499
202509 1.418 115.471 1.428
202512 1.344 115.832 1.349
202603 1.328 116.303 1.328

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 1.85 mean?
Guizhou Chitianhua Co (SHSE:600227) has a Cyclically Adjusted PB Ratio of 1.85 as of Aug. 21, 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 Guizhou Chitianhua Co and its competitors. This is 80% above median its historical median of 1.03. Over the past decade, Guizhou Chitianhua Co's Cyclically Adjusted PB Ratio has ranged from 0.46 to 2.28. According to the industry distribution chart, Guizhou Chitianhua Co ranks #95 out of 175 companies in the Agriculture industry, placing it in the top 54.3%.
Is Guizhou Chitianhua Co's Cyclically Adjusted PB Ratio too high?
Guizhou Chitianhua Co's current Cyclically Adjusted PB Ratio of 1.85 is 80% above median its 10-year median of 1.03. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 2.28. The Agriculture industry median Cyclically Adjusted PB Ratio is 1.45. Guizhou Chitianhua Co's value of 1.85 is 27.6% above this industry median. Based on the distribution chart, Guizhou Chitianhua Co ranks #95 out of 175 companies in the Agriculture industry, which is below the industry midpoint. Overall, Guizhou Chitianhua Co has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Guizhou Chitianhua Co's Cyclically Adjusted PB Ratio compare to CTVA and CF?
According to the Agriculture industry distribution chart, Guizhou Chitianhua Co ranks #95 out of 175 companies for Cyclically Adjusted PB Ratio. This places Guizhou Chitianhua Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.45. Guizhou Chitianhua Co's value of 1.85 is 27.6% above this benchmark. Historically, Guizhou Chitianhua Co's own Cyclically Adjusted PB Ratio has ranged from 0.46 to 2.28 over the past decade. While the company's 10-year median is 1.03 vs. the industry median of 1.45, Guizhou Chitianhua 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 1.45, based on 175 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. Guizhou Chitianhua Co's current Cyclically Adjusted PB Ratio of 1.85 is 27.6% 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 Guizhou Chitianhua Co and its competitors. For the Agriculture industry, the median Cyclically Adjusted PB Ratio is 1.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Guizhou Chitianhua Co's current Cyclically Adjusted PB Ratio is 1.85, which is 80% above median its own 10-year median of 1.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guizhou Chitianhua Co stock overvalued right now?
Based on GuruFocus' analysis, Guizhou Chitianhua Co (SHSE:600227) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥2.20, compared to a current price of ¥3.95 — trading 79.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.85, which is 80% above median its 10-year median of 1.03 and 27.6% above the Agriculture industry median of 1.45. Guizhou Chitianhua Co's overall GF Score™ is 42/100 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 Guizhou Chitianhua Co (SHSE:600227), the current Cyclically Adjusted PB Ratio is 1.85 as of Aug. 21, 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 Guizhou Chitianhua Co (SHSE:600227) Overvalued in 2026?

Based on GuruFocus' analysis, Guizhou Chitianhua Co stock appears to be overvalued. The current stock price of ¥3.95 is trading 79.5% above its estimated GF Value™ of ¥2.20. GuruFocus considers Guizhou Chitianhua Co to be Significantly Overvalued.

Key valuation signals for SHSE:600227:

  • Cyclically Adjusted PB Ratio: 1.85 (80% above median its 10-year median of 1.03)
  • GF Value™: ¥2.20 vs. price of ¥3.95 (79.5% above fair value)
  • GF Score™: 42/100 with 5 warning signs
  • Industry Position: 27.6% above the Agriculture median (#95 of 175)

No single metric tells the full story. See the SHSE:600227 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Guizhou Chitianhua Co Business Description

Address No. 310 Xintian Avenue, Wudang District, Guizhou Province, Guiyang, CHN, 564707
Guizhou Chitianhua Co Ltd, formerly Guizhou Salvage Pharmaceutical Co Ltd primarily produces and sells urea in China. It offers nitrogenous fertilizer, phosphate fertilizer, compound fertilizer, synthetic ammonia, sulfur, and other chemical products and raw materials; fine chemical products; industrial hydrogen; and packing bags and plastic sheets.
42GF Score

Get the complete analysis for SHSE:600227

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

¥3.95
Price
¥2.20
GF Value