Zhejiang Jiahua Energy Chemical Industry Co (SHSE:600273) Cyclically Adjusted PB Ratio: 1.16 (As of Aug. 20, 2026) — 56% Below Median

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SHSE:600273 Zhejiang Jiahua Energy Chemical Industry Co Ltd SHSE:600273
76 GF Score
Price ¥6.83
GF Value ¥10.14
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Zhejiang Jiahua Energy Chemical Industry Co Cyclically Adjusted PB Ratio?

Zhejiang Jiahua Energy Chemical Industry Co SHSE:600273 +0.59% 76 Cyclically Adjusted PB Ratio is 1.16 as of Aug. 20, 2026, which is 56% below its 10-year median of 2.62. GuruFocus rates SHSE:600273 with a GF Score™ of 76/100 and a GF Value™ of ¥10.14 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,175 Chemicals companies, Zhejiang Jiahua Energy Chemical Industry Co ranks better than 63.66% on this metric.

As of today (2026-08-20), Zhejiang Jiahua Energy Chemical Industry Co's current share price is ¥6.83. Zhejiang Jiahua Energy Chemical Industry Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ¥5.90. Zhejiang Jiahua Energy Chemical Industry Co's Cyclically Adjusted PB Ratio for today is 1.16.

The historical rank and industry rank for Zhejiang Jiahua Energy Chemical Industry Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:600273' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.11   Med: 2.62   Max: 5.26
Current: 1.15

During the past years, Zhejiang Jiahua Energy Chemical Industry Co's highest Cyclically Adjusted PB Ratio was 5.26. The lowest was 1.11. And the median was 2.62.

SHSE:600273's Cyclically Adjusted PB Ratio is ranked better than
63.66% of 1175 companies
in the Chemicals industry
Industry Median: 1.67 vs SHSE:600273: 1.15

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.

Zhejiang Jiahua Energy Chemical Industry Co's adjusted book value per share data for the three months ended in Mar. 2026 was ¥7.759. 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 ¥5.90 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zhejiang Jiahua Energy Chemical Industry Co  (SHSE:600273) 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.


Zhejiang Jiahua Energy Chemical Industry Co Cyclically Adjusted PB Ratio Related Terms


Zhejiang Jiahua Energy Chemical Industry Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Zhejiang Jiahua Energy Chemical 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.

Zhejiang Jiahua Energy Chemical Industry Co Cyclically Adjusted PB Ratio Chart

Zhejiang Jiahua Energy Chemical 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 3.00 1.91 1.81 1.52 1.52

Zhejiang Jiahua Energy Chemical 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 1.50 1.54 1.49 1.52 1.55

SHSE:600273 vs LIN, SHW, ECL: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, Zhejiang Jiahua Energy Chemical 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.


Zhejiang Jiahua Energy Chemical Industry Co Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Zhejiang Jiahua Energy Chemical Industry Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Zhejiang Jiahua Energy Chemical Industry Co's Cyclically Adjusted PB Ratio falls into.


SHSE:600273
76GF Score
Zhejiang Jiahua Energy Chemical Industry Co Ltd SHSE:600273
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhejiang Jiahua Energy Chemical 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.

Zhejiang Jiahua Energy Chemical Industry Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.83/5.90
=1.16

* 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.

Zhejiang Jiahua Energy Chemical Industry Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Zhejiang Jiahua Energy Chemical 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)
=7.759/116.3033*116.3033
=7.759

Current CPI (Mar. 2026) = 116.3033.

Zhejiang Jiahua Energy Chemical Industry Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.775 101.400 3.183
201609 2.886 102.400 3.278
201612 3.040 102.600 3.446
201703 3.223 103.200 3.632
201706 3.222 103.100 3.635
201709 4.161 104.100 4.649
201712 4.329 104.500 4.818
201803 4.522 105.300 4.995
201806 4.516 104.900 5.007
201809 4.396 106.600 4.796
201812 4.565 106.500 4.985
201903 4.609 107.700 4.977
201906 4.621 107.700 4.990
201909 4.821 109.800 5.107
201912 4.861 111.200 5.084
202003 5.033 112.300 5.212
202006 5.087 110.400 5.359
202009 5.295 111.700 5.513
202012 5.415 111.500 5.648
202103 5.659 112.662 5.842
202106 5.762 111.769 5.996
202109 5.920 112.215 6.136
202112 6.349 113.108 6.528
202203 6.766 114.335 6.882
202206 6.767 114.558 6.870
202209 6.770 115.339 6.827
202212 6.964 115.116 7.036
202303 7.247 115.116 7.322
202306 6.917 114.558 7.022
202309 6.911 115.339 6.969
202312 7.052 114.781 7.146
202403 7.227 115.227 7.294
202406 7.174 114.781 7.269
202409 7.154 115.785 7.186
202412 7.271 114.893 7.360
202503 7.633 115.116 7.712
202506 7.577 114.907 7.669
202509 7.422 115.471 7.475
202512 7.496 115.832 7.526
202603 7.759 116.303 7.759

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 1.16 mean?
Zhejiang Jiahua Energy Chemical Industry Co (SHSE:600273) has a Cyclically Adjusted PB Ratio of 1.16 as of Aug. 20, 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 Zhejiang Jiahua Energy Chemical Industry Co and its competitors. This is 56% below median its historical median of 2.62. Over the past decade, Zhejiang Jiahua Energy Chemical Industry Co's Cyclically Adjusted PB Ratio has ranged from 1.11 to 5.26. According to the industry distribution chart, Zhejiang Jiahua Energy Chemical Industry Co ranks #427 out of 1175 companies in the Chemicals industry, placing it in the top 36.3%.
Is Zhejiang Jiahua Energy Chemical Industry Co's Cyclically Adjusted PB Ratio too high?
Zhejiang Jiahua Energy Chemical Industry Co's current Cyclically Adjusted PB Ratio of 1.16 is 56% below median its 10-year median of 2.62. Over the past 10 years, this metric has ranged from a low of 1.11 to a high of 5.26. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.67. Zhejiang Jiahua Energy Chemical Industry Co's value of 1.16 is 30.5% below this industry median. Based on the distribution chart, Zhejiang Jiahua Energy Chemical Industry Co ranks #427 out of 1175 companies in the Chemicals industry, which is above the industry midpoint. Overall, Zhejiang Jiahua Energy Chemical Industry Co has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Jiahua Energy Chemical Industry Co's Cyclically Adjusted PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Zhejiang Jiahua Energy Chemical Industry Co ranks #427 out of 1175 companies for Cyclically Adjusted PB Ratio. This puts Zhejiang Jiahua Energy Chemical Industry Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.67. Zhejiang Jiahua Energy Chemical Industry Co's value of 1.16 is 30.5% below this benchmark. Historically, Zhejiang Jiahua Energy Chemical Industry Co's own Cyclically Adjusted PB Ratio has ranged from 1.11 to 5.26 over the past decade. While the company's 10-year median is 2.62 vs. the industry median of 1.67, Zhejiang Jiahua Energy Chemical Industry Co has consistently been below 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 Chemicals company?
The median Cyclically Adjusted PB Ratio among Chemicals companies is 1.67, based on 1,175 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. Zhejiang Jiahua Energy Chemical Industry Co's current Cyclically Adjusted PB Ratio of 1.16 is 30.5% below 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 Zhejiang Jiahua Energy Chemical Industry Co and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Jiahua Energy Chemical Industry Co's current Cyclically Adjusted PB Ratio is 1.16, which is 56% below median its own 10-year median of 2.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Jiahua Energy Chemical Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Jiahua Energy Chemical Industry Co (SHSE:600273) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥10.14, compared to a current price of ¥6.83 — trading 32.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.16, which is 56% below median its 10-year median of 2.62 and 30.5% below the Chemicals industry median of 1.67. Zhejiang Jiahua Energy Chemical Industry Co's overall GF Score™ is 76/100 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 Zhejiang Jiahua Energy Chemical Industry Co (SHSE:600273), the current Cyclically Adjusted PB Ratio is 1.16 as of Aug. 20, 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 Zhejiang Jiahua Energy Chemical Industry Co (SHSE:600273) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Jiahua Energy Chemical Industry Co stock appears to be undervalued. The current stock price of ¥6.83 is trading 32.6% below its estimated GF Value™ of ¥10.14. GuruFocus considers Zhejiang Jiahua Energy Chemical Industry Co to be Significantly Undervalued.

Key valuation signals for SHSE:600273:

  • Cyclically Adjusted PB Ratio: 1.16 (56% below median its 10-year median of 2.62)
  • GF Value™: ¥10.14 vs. price of ¥6.83 (32.6% below fair value)
  • GF Score™: 76/100 with 5 warning signs
  • Industry Position: 30.5% below the Chemicals median (#427 of 1175)

No single metric tells the full story. See the SHSE:600273 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhejiang Jiahua Energy Chemical Industry Co Business Description

Address Coastal Road No. 2288, Zhapu Economic Development Park, Jiaxing, Zhejiang, CHN, 314201
Zhejiang Jiahua Energy Chemical Industry Co Ltd is engaged in the production of caustic soda and acids. Its products series include chlor-alkali series, combined heat and power, Ortho-para series, sulfuric acid series and fatty alcohol series.
76GF Score

Get the complete analysis for SHSE:600273

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

¥6.83
Price
¥10.14
GF Value