Hubeinxia New Building Materials Co (SHSE:600293) Cyclically Adjusted PB Ratio: 1.17 (As of Aug. 07, 2026) — 16% Below Median

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SHSE:600293 Hubei Sanxia New Building Materials Co Ltd SHSE:600293
46 GF Score
Price ¥2.77
GF Value ¥1.72
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Hubeinxia New Building Materials Co Cyclically Adjusted PB Ratio?

Hubeinxia New Building Materials Co SHSE:600293 -1.07% 46 Cyclically Adjusted PB Ratio is 1.17 as of Aug. 07, 2026, which is 16% below its 10-year median of 1.40. GuruFocus rates SHSE:600293 with a GF Score™ of 46/100 and a GF Value™ of ¥1.72 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 314 Building Materials companies, Hubeinxia New Building Materials Co ranks worse than 52.23% on this metric.

As of today (2026-08-07), Hubeinxia New Building Materials Co's current share price is ¥2.77. Hubeinxia New Building Materials Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ¥2.37. Hubeinxia New Building Materials Co's Cyclically Adjusted PB Ratio for today is 1.17.

The historical rank and industry rank for Hubeinxia New Building Materials Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:600293' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.82   Med: 1.4   Max: 7.69
Current: 1.06

During the past years, Hubeinxia New Building Materials Co's highest Cyclically Adjusted PB Ratio was 7.69. The lowest was 0.82. And the median was 1.40.

SHSE:600293's Cyclically Adjusted PB Ratio is ranked worse than
52.23% of 314 companies
in the Building Materials industry
Industry Median: 0.975 vs SHSE:600293: 1.06

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.

Hubeinxia New Building Materials Co's adjusted book value per share data for the three months ended in Mar. 2026 was ¥1.470. 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 ¥2.37 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hubeinxia New Building Materials Co  (SHSE:600293) 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.


Hubeinxia New Building Materials Co Cyclically Adjusted PB Ratio Related Terms


Hubeinxia New Building Materials Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Hubeinxia New Building Materials 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.

Hubeinxia New Building Materials Co Cyclically Adjusted PB Ratio Chart

Hubeinxia New Building Materials 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 1.63 1.05 1.54 1.34 1.34

Hubeinxia New Building Materials 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 1.24 1.30 1.27 1.34 1.38

SHSE:600293 vs CRH, VMC, MLM: Cyclically Adjusted PB Ratio Comparison

For the Building Materials subindustry, Hubeinxia New Building Materials 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.


Hubeinxia New Building Materials Co Cyclically Adjusted PB Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Hubeinxia New Building Materials Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Hubeinxia New Building Materials Co's Cyclically Adjusted PB Ratio falls into.


SHSE:600293
46GF Score
Hubei Sanxia New Building Materials Co Ltd SHSE:600293
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Hubeinxia New Building Materials 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.

Hubeinxia New Building Materials Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.77/2.37
=1.17

* 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.

Hubeinxia New Building Materials Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Hubeinxia New Building Materials 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)
=1.47/116.3033*116.3033
=1.470

Current CPI (Mar. 2026) = 116.3033.

Hubeinxia New Building Materials Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.314 101.400 1.507
201609 2.770 102.400 3.146
201612 2.916 102.600 3.305
201703 2.972 103.200 3.349
201706 3.046 103.100 3.436
201709 3.128 104.100 3.495
201712 3.235 104.500 3.600
201803 3.326 105.300 3.674
201806 3.365 104.900 3.731
201809 3.408 106.600 3.718
201812 3.341 106.500 3.649
201903 3.369 107.700 3.638
201906 3.362 107.700 3.631
201909 3.378 109.800 3.578
201912 3.383 111.200 3.538
202003 3.205 112.300 3.319
202006 2.828 110.400 2.979
202009 2.875 111.700 2.993
202012 1.608 111.500 1.677
202103 1.653 112.662 1.706
202106 1.507 111.769 1.568
202109 1.707 112.215 1.769
202112 1.700 113.108 1.748
202203 1.748 114.335 1.778
202206 1.730 114.558 1.756
202209 1.636 115.339 1.650
202212 1.445 115.116 1.460
202303 1.375 115.116 1.389
202306 1.429 114.558 1.451
202309 1.467 115.339 1.479
202312 1.481 114.781 1.501
202403 1.505 115.227 1.519
202406 1.510 114.781 1.530
202409 1.494 115.785 1.501
202412 1.503 114.893 1.521
202503 1.512 115.116 1.528
202506 1.480 114.907 1.498
202509 1.452 115.471 1.462
202512 1.491 115.832 1.497
202603 1.470 116.303 1.470

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 1.17 mean?
Hubeinxia New Building Materials Co (SHSE:600293) has a Cyclically Adjusted PB Ratio of 1.17 as of Aug. 07, 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 Hubeinxia New Building Materials Co and its competitors. This is 16% below median its historical median of 1.40. Over the past decade, Hubeinxia New Building Materials Co's Cyclically Adjusted PB Ratio has ranged from 0.82 to 7.69. According to the industry distribution chart, Hubeinxia New Building Materials Co ranks #164 out of 314 companies in the Building Materials industry, placing it in the top 52.2%.
Is Hubeinxia New Building Materials Co's Cyclically Adjusted PB Ratio too high?
Hubeinxia New Building Materials Co's current Cyclically Adjusted PB Ratio of 1.17 is 16% below median its 10-year median of 1.40. Over the past 10 years, this metric has ranged from a low of 0.82 to a high of 7.69. The Building Materials industry median Cyclically Adjusted PB Ratio is 0.98. Hubeinxia New Building Materials Co's value of 1.17 is 20% above this industry median. Based on the distribution chart, Hubeinxia New Building Materials Co ranks #164 out of 314 companies in the Building Materials industry, which is below the industry midpoint. Overall, Hubeinxia New Building Materials Co has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hubeinxia New Building Materials Co's Cyclically Adjusted PB Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, Hubeinxia New Building Materials Co ranks #164 out of 314 companies for Cyclically Adjusted PB Ratio. This places Hubeinxia New Building Materials Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.98. Hubeinxia New Building Materials Co's value of 1.17 is 20% above this benchmark. Historically, Hubeinxia New Building Materials Co's own Cyclically Adjusted PB Ratio has ranged from 0.82 to 7.69 over the past decade. While the company's 10-year median is 1.40 vs. the industry median of 0.98, Hubeinxia New Building Materials 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 Building Materials company?
The median Cyclically Adjusted PB Ratio among Building Materials companies is 0.98, based on 314 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. Hubeinxia New Building Materials Co's current Cyclically Adjusted PB Ratio of 1.17 is 20% 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 Hubeinxia New Building Materials Co and its competitors. For the Building Materials industry, the median Cyclically Adjusted PB Ratio is 0.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hubeinxia New Building Materials Co's current Cyclically Adjusted PB Ratio is 1.17, which is 16% below median its own 10-year median of 1.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hubeinxia New Building Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Hubeinxia New Building Materials Co (SHSE:600293) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥1.72, compared to a current price of ¥2.77 — trading 61% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.17, which is 16% below median its 10-year median of 1.40 and 20% above the Building Materials industry median of 0.98. Hubeinxia New Building Materials Co's overall GF Score™ is 46/100 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 Hubeinxia New Building Materials Co (SHSE:600293), the current Cyclically Adjusted PB Ratio is 1.17 as of Aug. 07, 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 Hubeinxia New Building Materials Co (SHSE:600293) Overvalued in 2026?

Based on GuruFocus' analysis, Hubeinxia New Building Materials Co stock appears to be overvalued. The current stock price of ¥2.77 is trading 61% above its estimated GF Value™ of ¥1.72. GuruFocus considers Hubeinxia New Building Materials Co to be Significantly Overvalued.

Key valuation signals for SHSE:600293:

  • Cyclically Adjusted PB Ratio: 1.17 (16% below median its 10-year median of 1.40)
  • GF Value™: ¥1.72 vs. price of ¥2.77 (61% above fair value)
  • GF Score™: 46/100 with 5 warning signs
  • Industry Position: 20% above the Building Materials median (#164 of 314)

No single metric tells the full story. See the SHSE:600293 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hubeinxia New Building Materials Co Business Description

Address Dangyang Economic and Technological Development Zone, Hubei Province, Dangyang, CHN, 444105
Hubei Sanxia New Building Materials Co Ltd is engaged in the glass industry in Hubei Province, China. The company produces float glass, deep-processing glass products, and new building materials.
46GF Score

Get the complete analysis for SHSE:600293

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

¥2.77
Price
¥1.72
GF Value