Sichuan Hongda Co (SHSE:600331) Cyclically Adjusted PB Ratio: 11.93 (As of Sep. 02, 2026) — 419% Above Median

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SHSE:600331 Sichuan Hongda Co Ltd SHSE:600331
55 GF Score
Price ¥12.76
GF Value ¥6.98
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Sichuan Hongda Co Cyclically Adjusted PB Ratio?

Sichuan Hongda Co SHSE:600331 -2.37% 55 Cyclically Adjusted PB Ratio is 11.93 as of Sep. 02, 2026, which is 419% above its 10-year median of 2.30. GuruFocus rates SHSE:600331 with a GF Score™ of 55/100 and a GF Value™ of ¥6.98 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,501 Metals & Mining companies, Sichuan Hongda Co ranks worse than 92.94% on this metric.

As of today (2026-09-02), Sichuan Hongda Co's current share price is ¥12.76. Sichuan Hongda Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ¥1.07. Sichuan Hongda Co's Cyclically Adjusted PB Ratio for today is 11.93.

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

SHSE:600331' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.96   Med: 2.3   Max: 17.62
Current: 12.25

During the past years, Sichuan Hongda Co's highest Cyclically Adjusted PB Ratio was 17.62. The lowest was 0.96. And the median was 2.30.

SHSE:600331's Cyclically Adjusted PB Ratio is ranked worse than
92.94% of 1501 companies
in the Metals & Mining industry
Industry Median: 1.56 vs SHSE:600331: 12.25

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.

Sichuan Hongda Co's adjusted book value per share data for the three months ended in Jun. 2026 was ¥1.184. 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 ¥1.07 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sichuan Hongda Co  (SHSE:600331) 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.


Sichuan Hongda Co Cyclically Adjusted PB Ratio Related Terms


Sichuan Hongda Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Sichuan Hongda 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.

Sichuan Hongda Co Cyclically Adjusted PB Ratio Chart

Sichuan Hongda 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 2.02 1.91 3.59 5.95 11.27

Sichuan Hongda 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 7.30 9.07 11.27 13.29 10.30

Sichuan Hongda Co Cyclically Adjusted PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Sichuan Hongda 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.


Sichuan Hongda Co Cyclically Adjusted PB Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Sichuan Hongda Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


SHSE:600331
55GF Score
Sichuan Hongda Co Ltd SHSE:600331
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sichuan Hongda 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.

Sichuan Hongda Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12.76/1.07
=11.93

* 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.

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

For example, Sichuan Hongda 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)
=1.184/116.0564*116.0564
=1.184

Current CPI (Jun. 2026) = 116.0564.

Sichuan Hongda Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 2.287 102.400 2.592
201612 2.325 102.600 2.630
201703 2.348 103.200 2.641
201706 2.385 103.100 2.685
201709 2.428 104.100 2.707
201712 2.427 104.500 2.695
201803 2.432 105.300 2.680
201806 2.436 104.900 2.695
201809 2.441 106.600 2.658
201812 1.091 106.500 1.189
201903 1.131 107.700 1.219
201906 1.129 107.700 1.217
201909 1.123 109.800 1.187
201912 1.130 111.200 1.179
202003 1.137 112.300 1.175
202006 1.096 110.400 1.152
202009 0.981 111.700 1.019
202012 0.024 111.500 0.025
202103 0.042 112.662 0.043
202106 0.135 111.769 0.140
202109 0.169 112.215 0.175
202112 0.172 113.108 0.176
202203 0.188 114.335 0.191
202206 0.229 114.558 0.232
202209 0.221 115.339 0.222
202212 0.203 115.116 0.205
202303 0.208 115.116 0.210
202306 0.171 114.558 0.173
202309 0.171 115.339 0.172
202312 0.157 114.781 0.159
202403 0.156 115.227 0.157
202406 0.186 114.781 0.188
202409 0.185 115.785 0.185
202412 0.192 114.893 0.194
202503 0.176 115.116 0.177
202506 1.551 114.907 1.567
202509 1.205 115.471 1.211
202512 1.193 115.832 1.195
202603 1.179 116.303 1.176
202606 1.184 116.056 1.184

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 11.93 mean?
Sichuan Hongda Co (SHSE:600331) has a Cyclically Adjusted PB Ratio of 11.93 as of Sep. 02, 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 Sichuan Hongda Co and its competitors. This is 419% above median its historical median of 2.30. Over the past decade, Sichuan Hongda Co's Cyclically Adjusted PB Ratio has ranged from 0.96 to 17.62. According to the industry distribution chart, Sichuan Hongda Co ranks #1395 out of 1501 companies in the Metals & Mining industry, placing it in the top 92.9%.
Is Sichuan Hongda Co's Cyclically Adjusted PB Ratio too high?
Sichuan Hongda Co's current Cyclically Adjusted PB Ratio of 11.93 is 419% above median its 10-year median of 2.30. Over the past 10 years, this metric has ranged from a low of 0.96 to a high of 17.62. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.56. Sichuan Hongda Co's value of 11.93 is 664.7% above this industry median. Based on the distribution chart, Sichuan Hongda Co ranks #1395 out of 1501 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Sichuan Hongda Co has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sichuan Hongda Co's Cyclically Adjusted PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Sichuan Hongda Co ranks #1395 out of 1501 companies for Cyclically Adjusted PB Ratio. This places Sichuan Hongda Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.56. Sichuan Hongda Co's value of 11.93 is 664.7% above this benchmark. Historically, Sichuan Hongda Co's own Cyclically Adjusted PB Ratio has ranged from 0.96 to 17.62 over the past decade. While the company's 10-year median is 2.30 vs. the industry median of 1.56, Sichuan Hongda 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 Metals & Mining company?
The median Cyclically Adjusted PB Ratio among Metals & Mining companies is 1.56, based on 1,501 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. Sichuan Hongda Co's current Cyclically Adjusted PB Ratio of 11.93 is 664.7% 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 Sichuan Hongda Co and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sichuan Hongda Co's current Cyclically Adjusted PB Ratio is 11.93, which is 419% above median its own 10-year median of 2.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sichuan Hongda Co stock overvalued right now?
Based on GuruFocus' analysis, Sichuan Hongda Co (SHSE:600331) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥6.98, compared to a current price of ¥12.76 — trading 82.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 11.93, which is 419% above median its 10-year median of 2.30 and 664.7% above the Metals & Mining industry median of 1.56. Sichuan Hongda Co's overall GF Score™ is 55/100 with 3 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 Sichuan Hongda Co (SHSE:600331), the current Cyclically Adjusted PB Ratio is 11.93 as of Sep. 02, 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 Sichuan Hongda Co (SHSE:600331) Overvalued in 2026?

Based on GuruFocus' analysis, Sichuan Hongda Co stock appears to be overvalued. The current stock price of ¥12.76 is trading 82.8% above its estimated GF Value™ of ¥6.98. GuruFocus considers Sichuan Hongda Co to be Significantly Overvalued.

Key valuation signals for SHSE:600331:

  • Cyclically Adjusted PB Ratio: 11.93 (419% above median its 10-year median of 2.30)
  • GF Value™: ¥6.98 vs. price of ¥12.76 (82.8% above fair value)
  • GF Score™: 55/100 with 3 warning signs
  • Industry Position: 664.7% above the Metals & Mining median (#1395 of 1501)

No single metric tells the full story. See the SHSE:600331 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sichuan Hongda Co Business Description

Address No. 499 Jiazi Avenue, 14th Floor, Block H, Zhonghai International Center, High-tech Zone, Sichuan Province, Chengdu, CHN, 610095
Sichuan Hongda Co Ltd is engaged in the Mining, beneficiation and smelting of zinc, a non-ferrous metal.
55GF Score

Get the complete analysis for SHSE:600331

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

¥12.76
Price
¥6.98
GF Value