Inner Mongolia North Hauler JSC (SHSE:600262) Cyclically Adjusted PB Ratio: 2.67 (As of Aug. 12, 2026) — Near Median

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SHSE:600262 Inner Mongolia North Hauler JSC Ltd SHSE:600262
78 GF Score
Price ¥15.30
GF Value ¥16.66
Valuation Fairly Valued
! 2 Warning Signs
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What is Inner Mongolia North Hauler JSC Cyclically Adjusted PB Ratio?

Inner Mongolia North Hauler JSC SHSE:600262 +0.79% 78 Cyclically Adjusted PB Ratio is 2.67 as of Aug. 12, 2026, which is 2% below its 10-year median of 2.73. GuruFocus rates SHSE:600262 with a GF Score™ of 78/100 and a GF Value™ of ¥16.66 (Fairly Valued). The stock has 2 warning signs investors should review. Among 166 Farm & Heavy Construction Machinery companies, Inner Mongolia North Hauler JSC ranks worse than 69.28% on this metric.

As of today (2026-08-12), Inner Mongolia North Hauler JSC's current share price is ¥15.30. Inner Mongolia North Hauler JSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ¥5.73. Inner Mongolia North Hauler JSC's Cyclically Adjusted PB Ratio for today is 2.67.

The historical rank and industry rank for Inner Mongolia North Hauler JSC's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:600262' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.8   Med: 2.73   Max: 6.59
Current: 2.67

During the past years, Inner Mongolia North Hauler JSC's highest Cyclically Adjusted PB Ratio was 6.59. The lowest was 1.80. And the median was 2.73.

SHSE:600262's Cyclically Adjusted PB Ratio is ranked worse than
69.28% of 166 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.565 vs SHSE:600262: 2.67

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.

Inner Mongolia North Hauler JSC's adjusted book value per share data for the three months ended in Mar. 2026 was ¥7.860. 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 ¥5.73 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Inner Mongolia North Hauler JSC  (SHSE:600262) 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.


Inner Mongolia North Hauler JSC Cyclically Adjusted PB Ratio Related Terms


Inner Mongolia North Hauler JSC Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Inner Mongolia North Hauler JSC'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.

Inner Mongolia North Hauler JSC Cyclically Adjusted PB Ratio Chart

Inner Mongolia North Hauler JSC 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 3.37 2.18 2.60 2.42 3.30

Inner Mongolia North Hauler JSC 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 2.31 2.98 2.87 3.30 3.04

SHSE:600262 vs CAT, DE, PCAR: Cyclically Adjusted PB Ratio Comparison

For the Farm & Heavy Construction Machinery subindustry, Inner Mongolia North Hauler JSC'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.


Inner Mongolia North Hauler JSC Cyclically Adjusted PB Ratio vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Inner Mongolia North Hauler JSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Inner Mongolia North Hauler JSC's Cyclically Adjusted PB Ratio falls into.


SHSE:600262
78GF Score
Inner Mongolia North Hauler JSC Ltd SHSE:600262
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Inner Mongolia North Hauler JSC 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.

Inner Mongolia North Hauler JSC's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=15.30/5.73
=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.

Inner Mongolia North Hauler JSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Inner Mongolia North Hauler JSC'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)
=7.86/116.3033*116.3033
=7.860

Current CPI (Mar. 2026) = 116.3033.

Inner Mongolia North Hauler JSC Quarterly Data

Book Value per Share CPI Adj_Book
201606 4.152 101.400 4.762
201609 4.175 102.400 4.742
201612 4.261 102.600 4.830
201703 4.280 103.200 4.823
201706 4.354 103.100 4.912
201709 4.324 104.100 4.831
201712 4.425 104.500 4.925
201803 4.453 105.300 4.918
201806 4.657 104.900 5.163
201809 4.671 106.600 5.096
201812 4.842 106.500 5.288
201903 4.883 107.700 5.273
201906 4.817 107.700 5.202
201909 4.888 109.800 5.178
201912 4.959 111.200 5.187
202003 5.031 112.300 5.210
202006 5.033 110.400 5.302
202009 5.058 111.700 5.266
202012 5.162 111.500 5.384
202103 5.236 112.662 5.405
202106 5.244 111.769 5.457
202109 5.306 112.215 5.499
202112 5.438 113.108 5.592
202203 5.546 114.335 5.641
202206 5.512 114.558 5.596
202209 5.628 115.339 5.675
202212 5.810 115.116 5.870
202303 5.902 115.116 5.963
202306 5.884 114.558 5.974
202309 6.063 115.339 6.114
202312 6.255 114.781 6.338
202403 6.468 115.227 6.528
202406 6.388 114.781 6.473
202409 6.529 115.785 6.558
202412 6.849 114.893 6.933
202503 7.119 115.116 7.192
202506 7.050 114.907 7.136
202509 7.397 115.471 7.450
202512 7.539 115.832 7.570
202603 7.860 116.303 7.860

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?
Inner Mongolia North Hauler JSC (SHSE:600262) 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 Inner Mongolia North Hauler JSC and its competitors. This is near median its historical median of 2.73. Over the past decade, Inner Mongolia North Hauler JSC's Cyclically Adjusted PB Ratio has ranged from 1.80 to 6.59. According to the industry distribution chart, Inner Mongolia North Hauler JSC ranks #115 out of 166 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 69.3%.
Is Inner Mongolia North Hauler JSC's Cyclically Adjusted PB Ratio too high?
Inner Mongolia North Hauler JSC's current Cyclically Adjusted PB Ratio of 2.67 is near median its 10-year median of 2.73. Over the past 10 years, this metric has ranged from a low of 1.80 to a high of 6.59. The Farm & Heavy Construction Machinery industry median Cyclically Adjusted PB Ratio is 1.57. Inner Mongolia North Hauler JSC's value of 2.67 is 70.6% above this industry median. Based on the distribution chart, Inner Mongolia North Hauler JSC ranks #115 out of 166 companies in the Farm & Heavy Construction Machinery industry, which is below the industry midpoint. Overall, Inner Mongolia North Hauler JSC has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Inner Mongolia North Hauler JSC's Cyclically Adjusted PB Ratio compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Inner Mongolia North Hauler JSC ranks #115 out of 166 companies for Cyclically Adjusted PB Ratio. This places Inner Mongolia North Hauler JSC in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.57. Inner Mongolia North Hauler JSC's value of 2.67 is 70.6% above this benchmark. Historically, Inner Mongolia North Hauler JSC's own Cyclically Adjusted PB Ratio has ranged from 1.80 to 6.59 over the past decade. While the company's 10-year median is 2.73 vs. the industry median of 1.57, Inner Mongolia North Hauler JSC 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 Farm & Heavy Construction Machinery company?
The median Cyclically Adjusted PB Ratio among Farm & Heavy Construction Machinery companies is 1.57, based on 166 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. Inner Mongolia North Hauler JSC's current Cyclically Adjusted PB Ratio of 2.67 is 70.6% 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 Inner Mongolia North Hauler JSC and its competitors. For the Farm & Heavy Construction Machinery industry, the median Cyclically Adjusted PB Ratio is 1.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Inner Mongolia North Hauler JSC's current Cyclically Adjusted PB Ratio is 2.67, which is near median its own 10-year median of 2.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Inner Mongolia North Hauler JSC stock overvalued right now?
Based on GuruFocus' analysis, Inner Mongolia North Hauler JSC (SHSE:600262) is currently considered Fairly Valued. The stock's GF Value™ is ¥16.66, compared to a current price of ¥15.30 — trading 8.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.67, which is near median its 10-year median of 2.73 and 70.6% above the Farm & Heavy Construction Machinery industry median of 1.57. Inner Mongolia North Hauler JSC's overall GF Score™ is 78/100 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 Inner Mongolia North Hauler JSC (SHSE:600262), 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 Inner Mongolia North Hauler JSC (SHSE:600262) Overvalued in 2026?

Based on GuruFocus' analysis, Inner Mongolia North Hauler JSC stock appears to be undervalued. The current stock price of ¥15.30 is trading 8.2% below its estimated GF Value™ of ¥16.66. GuruFocus considers Inner Mongolia North Hauler JSC to be Fairly Valued.

Key valuation signals for SHSE:600262:

  • Cyclically Adjusted PB Ratio: 2.67 (near median its 10-year median of 2.73)
  • GF Value™: ¥16.66 vs. price of ¥15.30 (8.2% below fair value)
  • GF Score™: 78/100 with 2 warning signs
  • Industry Position: 70.6% above the Farm & Heavy Construction Machinery median (#115 of 166)

No single metric tells the full story. See the SHSE:600262 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Inner Mongolia North Hauler JSC Business Description

Address Rare-Earth High Technology Development Zone, North Hauler Joint Stock Co. Building, Baotou, Inner Mongolia, CHN, 014030
Inner Mongolia North Hauler JSC Ltd manufactures and markets off-highway mining vehicles, their parts and components. The product portfolio includes - Electric drive mining dump truck, Articulated mining dump truck, Coal mine underground explosion-proof engineering dump truck, and Hydraulic excavator rotary drilling rig side dump truck.
78GF Score

Get the complete analysis for SHSE:600262

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

¥15.30
Price
¥16.66
GF Value