Angel Yeast Co (SHSE:600298) Cyclically Adjusted PB Ratio: 4.71 (As of Aug. 28, 2026) — 37% Below Median

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SHSE:600298 Angel Yeast Co Ltd SHSE:600298
92 GF Score
Price ¥41.30
GF Value ¥43.41
Valuation Fairly Valued
! 6 Warning Signs
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What is Angel Yeast Co Cyclically Adjusted PB Ratio?

Angel Yeast Co SHSE:600298 +0.54% 92 Cyclically Adjusted PB Ratio is 4.71 as of Aug. 28, 2026, which is 37% below its 10-year median of 7.53. GuruFocus rates SHSE:600298 with a GF Score™ of 92/100 and a GF Value™ of ¥43.41 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,267 Consumer Packaged Goods companies, Angel Yeast Co ranks worse than 90.37% on this metric.

As of today (2026-08-28), Angel Yeast Co's current share price is ¥41.30. Angel Yeast Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ¥8.77. Angel Yeast Co's Cyclically Adjusted PB Ratio for today is 4.71.

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

SHSE:600298' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.92   Med: 7.53   Max: 16.57
Current: 4.71

During the past years, Angel Yeast Co's highest Cyclically Adjusted PB Ratio was 16.57. The lowest was 3.92. And the median was 7.53.

SHSE:600298's Cyclically Adjusted PB Ratio is ranked worse than
90.37% of 1267 companies
in the Consumer Packaged Goods industry
Industry Median: 1.26 vs SHSE:600298: 4.71

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.

Angel Yeast Co's adjusted book value per share data for the three months ended in Jun. 2026 was ¥14.345. 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 ¥8.77 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Angel Yeast Co  (SHSE:600298) 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.


Angel Yeast Co Cyclically Adjusted PB Ratio Related Terms


Angel Yeast Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Angel Yeast 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.

Angel Yeast Co Cyclically Adjusted PB Ratio Chart

Angel Yeast 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 11.92 7.86 5.44 4.95 5.30

Angel Yeast Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 4.55 4.95 5.30 4.73 4.13

SHSE:600298 vs KHC, GIS: Cyclically Adjusted PB Ratio Comparison

For the Packaged Foods subindustry, Angel Yeast 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.


Angel Yeast Co Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

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

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


SHSE:600298
92GF Score
Angel Yeast Co Ltd SHSE:600298
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Angel Yeast 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.

Angel Yeast Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=41.30/8.77
=4.71

* 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.

Angel Yeast Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Angel Yeast Co's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=14.345/116.0564*116.0564
=14.345

Current CPI (Jun. 2026) = 116.0564.

Angel Yeast Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 3.958 102.400 4.486
201612 3.948 102.600 4.466
201703 4.216 103.200 4.741
201706 4.145 103.100 4.666
201709 4.367 104.100 4.869
201712 4.663 104.500 5.179
201803 4.947 105.300 5.452
201806 4.829 104.900 5.343
201809 5.036 106.600 5.483
201812 5.193 106.500 5.659
201903 5.548 107.700 5.978
201906 5.542 107.700 5.972
201909 5.825 109.800 6.157
201912 6.104 111.200 6.371
202003 6.278 112.300 6.488
202006 6.451 110.400 6.782
202009 6.709 111.700 6.971
202012 7.147 111.500 7.439
202103 7.603 112.662 7.832
202106 7.840 111.769 8.141
202109 8.101 112.215 8.378
202112 8.230 113.108 8.445
202203 8.638 114.335 8.768
202206 9.849 114.558 9.978
202209 10.148 115.339 10.211
202212 10.653 115.116 10.740
202303 11.089 115.116 11.180
202306 11.037 114.558 11.181
202309 11.455 115.339 11.526
202312 11.619 114.781 11.748
202403 11.706 115.227 11.790
202406 11.718 114.781 11.848
202409 12.013 115.785 12.041
202412 12.466 114.893 12.592
202503 12.906 115.116 13.011
202506 12.952 114.907 13.082
202509 13.335 115.471 13.403
202512 13.852 115.832 13.879
202603 14.361 116.303 14.331
202606 14.345 116.056 14.345

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 4.71 mean?
Angel Yeast Co (SHSE:600298) has a Cyclically Adjusted PB Ratio of 4.71 as of Aug. 28, 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 Angel Yeast Co and its competitors. This is 37% below median its historical median of 7.53. Over the past decade, Angel Yeast Co's Cyclically Adjusted PB Ratio has ranged from 3.92 to 16.57. According to the industry distribution chart, Angel Yeast Co ranks #1145 out of 1267 companies in the Consumer Packaged Goods industry, placing it in the top 90.4%.
Is Angel Yeast Co's Cyclically Adjusted PB Ratio too high?
Angel Yeast Co's current Cyclically Adjusted PB Ratio of 4.71 is 37% below median its 10-year median of 7.53. Over the past 10 years, this metric has ranged from a low of 3.92 to a high of 16.57. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.26. Angel Yeast Co's value of 4.71 is 273.8% above this industry median. Based on the distribution chart, Angel Yeast Co ranks #1145 out of 1267 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Angel Yeast Co has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Angel Yeast Co's Cyclically Adjusted PB Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Angel Yeast Co ranks #1145 out of 1267 companies for Cyclically Adjusted PB Ratio. This places Angel Yeast Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.26. Angel Yeast Co's value of 4.71 is 273.8% above this benchmark. Historically, Angel Yeast Co's own Cyclically Adjusted PB Ratio has ranged from 3.92 to 16.57 over the past decade. While the company's 10-year median is 7.53 vs. the industry median of 1.26, Angel Yeast 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 1,267 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. Angel Yeast Co's current Cyclically Adjusted PB Ratio of 4.71 is 273.8% 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 Angel Yeast 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. Angel Yeast Co's current Cyclically Adjusted PB Ratio is 4.71, which is 37% below median its own 10-year median of 7.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Angel Yeast Co stock overvalued right now?
Based on GuruFocus' analysis, Angel Yeast Co (SHSE:600298) is currently considered Fairly Valued. The stock's GF Value™ is ¥43.41, compared to a current price of ¥41.30 — trading 4.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.71, which is 37% below median its 10-year median of 7.53 and 273.8% above the Consumer Packaged Goods industry median of 1.26. Angel Yeast Co's overall GF Score™ is 92/100 with 6 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 Angel Yeast Co (SHSE:600298), the current Cyclically Adjusted PB Ratio is 4.71 as of Aug. 28, 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 Angel Yeast Co (SHSE:600298) Overvalued in 2026?

Based on GuruFocus' analysis, Angel Yeast Co stock appears to be undervalued. The current stock price of ¥41.30 is trading 4.9% below its estimated GF Value™ of ¥43.41. GuruFocus considers Angel Yeast Co to be Fairly Valued.

Key valuation signals for SHSE:600298:

  • Cyclically Adjusted PB Ratio: 4.71 (37% below median its 10-year median of 7.53)
  • GF Value™: ¥43.41 vs. price of ¥41.30 (4.9% below fair value)
  • GF Score™: 92/100 with 6 warning signs
  • Industry Position: 273.8% above the Consumer Packaged Goods median (#1145 of 1267)

No single metric tells the full story. See the SHSE:600298 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Angel Yeast Co Business Description

Address No. 168 Chengdong Avenue, Hubei Province, Yichang, CHN, 443003
Angel Yeast Co Ltd is a China-based yeast-producing company. It specializes in producing yeast and yeast derivatives in China. The company provides yeast used in baking, beverages, health products, YE-fermentation, fuel ethanol, and animal nutrition products. Its product covers plant nutrition products, baker's yeast and ingredients, Chinese dimsum and seasoning, human health, animal nutrition, enzymes, and others.
92GF Score

Get the complete analysis for SHSE:600298

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

¥41.30
Price
¥43.41
GF Value