Jiangsu Hengshun Vinegar Industry Co (SHSE:600305) Cyclically Adjusted PB Ratio: 2.78 (As of Aug. 29, 2026) — 60% Below Median

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SHSE:600305 Jiangsu Hengshun Vinegar Industry Co Ltd SHSE:600305
83 GF Score
Price ¥6.85
GF Value ¥8.39
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Jiangsu Hengshun Vinegar Industry Co Cyclically Adjusted PB Ratio?

Jiangsu Hengshun Vinegar Industry Co SHSE:600305 +0.88% 83 Cyclically Adjusted PB Ratio is 2.78 as of Aug. 29, 2026, which is 60% below its 10-year median of 6.92. GuruFocus rates SHSE:600305 with a GF Score™ of 83/100 and a GF Value™ of ¥8.39 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,267 Consumer Packaged Goods companies, Jiangsu Hengshun Vinegar Industry Co ranks worse than 77.66% on this metric.

As of today (2026-08-29), Jiangsu Hengshun Vinegar Industry Co's current share price is ¥6.85. Jiangsu Hengshun Vinegar Industry Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ¥2.46. Jiangsu Hengshun Vinegar Industry Co's Cyclically Adjusted PB Ratio for today is 2.78.

The historical rank and industry rank for Jiangsu Hengshun Vinegar Industry Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:600305' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.65   Med: 6.92   Max: 19.07
Current: 2.79

During the past years, Jiangsu Hengshun Vinegar Industry Co's highest Cyclically Adjusted PB Ratio was 19.07. The lowest was 2.65. And the median was 6.92.

SHSE:600305's Cyclically Adjusted PB Ratio is ranked worse than
77.66% of 1267 companies
in the Consumer Packaged Goods industry
Industry Median: 1.26 vs SHSE:600305: 2.79

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.

Jiangsu Hengshun Vinegar Industry Co's adjusted book value per share data for the three months ended in Jun. 2026 was ¥3.022. 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 ¥2.46 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jiangsu Hengshun Vinegar Industry Co  (SHSE:600305) 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.


Jiangsu Hengshun Vinegar Industry Co Cyclically Adjusted PB Ratio Related Terms


Jiangsu Hengshun Vinegar Industry Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Jiangsu Hengshun Vinegar 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.

Jiangsu Hengshun Vinegar Industry Co Cyclically Adjusted PB Ratio Chart

Jiangsu Hengshun Vinegar 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 9.55 6.64 4.49 3.59 3.32

Jiangsu Hengshun Vinegar Industry 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 3.37 3.38 3.32 3.15 2.57

SHSE:600305 vs KHC, GIS: Cyclically Adjusted PB Ratio Comparison

For the Packaged Foods subindustry, Jiangsu Hengshun Vinegar 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.


Jiangsu Hengshun Vinegar Industry Co Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

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

* The bar in red indicates where Jiangsu Hengshun Vinegar Industry Co's Cyclically Adjusted PB Ratio falls into.


SHSE:600305
83GF Score
Jiangsu Hengshun Vinegar Industry Co Ltd SHSE:600305
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Jiangsu Hengshun Vinegar 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.

Jiangsu Hengshun Vinegar Industry Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.85/2.46
=2.78

* 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.

Jiangsu Hengshun Vinegar Industry Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Jiangsu Hengshun Vinegar Industry 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)
=3.022/116.0564*116.0564
=3.022

Current CPI (Jun. 2026) = 116.0564.

Jiangsu Hengshun Vinegar Industry Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 1.514 102.400 1.716
201612 1.567 102.600 1.773
201703 1.611 103.200 1.812
201706 1.609 103.100 1.811
201709 1.660 104.100 1.851
201712 1.795 104.500 1.994
201803 1.854 105.300 2.043
201806 1.833 104.900 2.028
201809 1.928 106.600 2.099
201812 2.059 106.500 2.244
201903 2.101 107.700 2.264
201906 2.170 107.700 2.338
201909 2.185 109.800 2.310
201912 2.245 111.200 2.343
202003 2.321 112.300 2.399
202006 2.232 110.400 2.346
202009 2.313 111.700 2.403
202012 2.391 111.500 2.489
202103 2.467 112.662 2.541
202106 2.465 111.769 2.560
202109 2.190 112.215 2.265
202112 2.164 113.108 2.220
202203 2.227 114.335 2.261
202206 2.179 114.558 2.208
202209 2.205 115.339 2.219
202212 2.189 115.116 2.207
202303 2.038 115.116 2.055
202306 2.993 114.558 3.032
202309 3.006 115.339 3.025
202312 2.967 114.781 3.000
202403 3.005 115.227 3.027
202406 2.962 114.781 2.995
202409 2.997 115.785 3.004
202412 2.992 114.893 3.022
202503 3.050 115.116 3.075
202506 3.006 114.907 3.036
202509 3.035 115.471 3.050
202512 3.038 115.832 3.044
202603 3.107 116.303 3.100
202606 3.022 116.056 3.022

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 2.78 mean?
Jiangsu Hengshun Vinegar Industry Co (SHSE:600305) has a Cyclically Adjusted PB Ratio of 2.78 as of Aug. 29, 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 Jiangsu Hengshun Vinegar Industry Co and its competitors. This is 60% below median its historical median of 6.92. Over the past decade, Jiangsu Hengshun Vinegar Industry Co's Cyclically Adjusted PB Ratio has ranged from 2.65 to 19.07. According to the industry distribution chart, Jiangsu Hengshun Vinegar Industry Co ranks #984 out of 1267 companies in the Consumer Packaged Goods industry, placing it in the top 77.7%.
Is Jiangsu Hengshun Vinegar Industry Co's Cyclically Adjusted PB Ratio too high?
Jiangsu Hengshun Vinegar Industry Co's current Cyclically Adjusted PB Ratio of 2.78 is 60% below median its 10-year median of 6.92. Over the past 10 years, this metric has ranged from a low of 2.65 to a high of 19.07. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.26. Jiangsu Hengshun Vinegar Industry Co's value of 2.78 is 120.6% above this industry median. Based on the distribution chart, Jiangsu Hengshun Vinegar Industry Co ranks #984 out of 1267 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Jiangsu Hengshun Vinegar Industry Co has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu Hengshun Vinegar Industry Co's Cyclically Adjusted PB Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Jiangsu Hengshun Vinegar Industry Co ranks #984 out of 1267 companies for Cyclically Adjusted PB Ratio. This places Jiangsu Hengshun Vinegar Industry Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.26. Jiangsu Hengshun Vinegar Industry Co's value of 2.78 is 120.6% above this benchmark. Historically, Jiangsu Hengshun Vinegar Industry Co's own Cyclically Adjusted PB Ratio has ranged from 2.65 to 19.07 over the past decade. While the company's 10-year median is 6.92 vs. the industry median of 1.26, Jiangsu Hengshun Vinegar Industry 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. Jiangsu Hengshun Vinegar Industry Co's current Cyclically Adjusted PB Ratio of 2.78 is 120.6% 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 Jiangsu Hengshun Vinegar Industry 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. Jiangsu Hengshun Vinegar Industry Co's current Cyclically Adjusted PB Ratio is 2.78, which is 60% below median its own 10-year median of 6.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu Hengshun Vinegar Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu Hengshun Vinegar Industry Co (SHSE:600305) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥8.39, compared to a current price of ¥6.85 — trading 18.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.78, which is 60% below median its 10-year median of 6.92 and 120.6% above the Consumer Packaged Goods industry median of 1.26. Jiangsu Hengshun Vinegar Industry Co's overall GF Score™ is 83/100 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 Jiangsu Hengshun Vinegar Industry Co (SHSE:600305), the current Cyclically Adjusted PB Ratio is 2.78 as of Aug. 29, 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 Jiangsu Hengshun Vinegar Industry Co (SHSE:600305) Overvalued in 2026?

Based on GuruFocus' analysis, Jiangsu Hengshun Vinegar Industry Co stock appears to be undervalued. The current stock price of ¥6.85 is trading 18.4% below its estimated GF Value™ of ¥8.39. GuruFocus considers Jiangsu Hengshun Vinegar Industry Co to be Modestly Undervalued.

Key valuation signals for SHSE:600305:

  • Cyclically Adjusted PB Ratio: 2.78 (60% below median its 10-year median of 6.92)
  • GF Value™: ¥8.39 vs. price of ¥6.85 (18.4% below fair value)
  • GF Score™: 83/100 with 5 warning signs
  • Industry Position: 120.6% above the Consumer Packaged Goods median (#984 of 1267)

No single metric tells the full story. See the SHSE:600305 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jiangsu Hengshun Vinegar Industry Co Business Description

Address No. 66, Hengshun Avenue, Zhenjiang, Jiangsu Province, Dantu New City, CHN, 212028
Jiangsu Hengshun Vinegar Industry Co Ltd is a Chinese company which produces traditional brewing spices, condiments, vinegar, and health products. The company is also involved in residential real estate and packaging and printing.
83GF Score

Get the complete analysis for SHSE:600305

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

¥6.85
Price
¥8.39
GF Value