Haohua Chemical Science & Technology (SHSE:600378) Cyclically Adjusted PB Ratio: 6.00 (As of Aug. 15, 2026) — Near Median

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SHSE:600378 Haohua Chemical Science & Technology Corp Ltd SHSE:600378
85 GF Score
Price ¥48.70
GF Value ¥34.82
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Haohua Chemical Science & Technology Cyclically Adjusted PB Ratio?

Haohua Chemical Science & Technology SHSE:600378 -0.29% 85 Cyclically Adjusted PB Ratio is 6.00 as of Aug. 15, 2026, which is 9% above its 10-year median of 5.51. GuruFocus rates SHSE:600378 with a GF Score™ of 85/100 and a GF Value™ of ¥34.82 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,210 Chemicals companies, Haohua Chemical Science & Technology ranks worse than 88.26% on this metric.

As of today (2026-08-15), Haohua Chemical Science & Technology's current share price is ¥48.70. Haohua Chemical Science & Technology's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ¥8.11. Haohua Chemical Science & Technology's Cyclically Adjusted PB Ratio for today is 6.00.

The historical rank and industry rank for Haohua Chemical Science & Technology's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:600378' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.16   Med: 5.51   Max: 11.08
Current: 6.05

During the past years, Haohua Chemical Science & Technology's highest Cyclically Adjusted PB Ratio was 11.08. The lowest was 3.16. And the median was 5.51.

SHSE:600378's Cyclically Adjusted PB Ratio is ranked worse than
88.26% of 1210 companies
in the Chemicals industry
Industry Median: 1.65 vs SHSE:600378: 6.05

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.

Haohua Chemical Science & Technology's adjusted book value per share data for the three months ended in Mar. 2026 was ¥14.404. 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 ¥8.11 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Haohua Chemical Science & Technology  (SHSE:600378) 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.


Haohua Chemical Science & Technology Cyclically Adjusted PB Ratio Related Terms


Haohua Chemical Science & Technology Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Haohua Chemical Science & Technology'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.

Haohua Chemical Science & Technology Cyclically Adjusted PB Ratio Chart

Haohua Chemical Science & Technology 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 11.08 8.53 5.29 4.36 4.10

Haohua Chemical Science & Technology 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 3.85 3.78 4.11 4.10 3.75

SHSE:600378 vs DOW: Cyclically Adjusted PB Ratio Comparison

For the Chemicals subindustry, Haohua Chemical Science & Technology'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.


Haohua Chemical Science & Technology Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Haohua Chemical Science & Technology's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Haohua Chemical Science & Technology's Cyclically Adjusted PB Ratio falls into.


SHSE:600378
85GF Score
Haohua Chemical Science & Technology Corp Ltd SHSE:600378
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Haohua Chemical Science & Technology 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.

Haohua Chemical Science & Technology's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=48.70/8.11
=6.00

* 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.

Haohua Chemical Science & Technology's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Haohua Chemical Science & Technology'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)
=14.404/116.3033*116.3033
=14.404

Current CPI (Mar. 2026) = 116.3033.

Haohua Chemical Science & Technology Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.462 101.400 2.824
201609 2.470 102.400 2.805
201612 2.510 102.600 2.845
201703 2.525 103.200 2.846
201706 2.559 103.100 2.887
201709 2.573 104.100 2.875
201712 14.947 104.500 16.635
201803 2.695 105.300 2.977
201806 2.710 104.900 3.005
201809 0.977 106.600 1.066
201812 5.917 106.500 6.462
201903 5.925 107.700 6.398
201906 6.089 107.700 6.575
201909 6.547 109.800 6.935
201912 6.805 111.200 7.117
202003 6.596 112.300 6.831
202006 6.670 110.400 7.027
202009 6.835 111.700 7.117
202012 7.008 111.500 7.310
202103 7.184 112.662 7.416
202106 7.242 111.769 7.536
202109 7.513 112.215 7.787
202112 7.840 113.108 8.062
202203 8.105 114.335 8.245
202206 8.212 114.558 8.337
202209 8.531 115.339 8.602
202212 8.997 115.116 9.090
202303 9.266 115.116 9.362
202306 8.928 114.558 9.064
202309 9.138 115.339 9.214
202312 12.988 114.781 13.160
202403 9.523 115.227 9.612
202406 9.445 114.781 9.570
202409 11.233 115.785 11.283
202412 15.442 114.893 15.632
202503 13.423 115.116 13.561
202506 13.498 114.907 13.662
202509 13.951 115.471 14.052
202512 14.117 115.832 14.174
202603 14.404 116.303 14.404

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 6.00 mean?
Haohua Chemical Science & Technology (SHSE:600378) has a Cyclically Adjusted PB Ratio of 6.00 as of Aug. 15, 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 Haohua Chemical Science & Technology and its competitors. This is near median its historical median of 5.51. Over the past decade, Haohua Chemical Science & Technology's Cyclically Adjusted PB Ratio has ranged from 3.16 to 11.08. According to the industry distribution chart, Haohua Chemical Science & Technology ranks #1068 out of 1210 companies in the Chemicals industry, placing it in the top 88.3%.
Is Haohua Chemical Science & Technology's Cyclically Adjusted PB Ratio too high?
Haohua Chemical Science & Technology's current Cyclically Adjusted PB Ratio of 6.00 is near median its 10-year median of 5.51. Over the past 10 years, this metric has ranged from a low of 3.16 to a high of 11.08. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.65. Haohua Chemical Science & Technology's value of 6.00 is 263.6% above this industry median. Based on the distribution chart, Haohua Chemical Science & Technology ranks #1068 out of 1210 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Haohua Chemical Science & Technology has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Haohua Chemical Science & Technology's Cyclically Adjusted PB Ratio compare to DOW?
According to the Chemicals industry distribution chart, Haohua Chemical Science & Technology ranks #1068 out of 1210 companies for Cyclically Adjusted PB Ratio. This places Haohua Chemical Science & Technology in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.65. Haohua Chemical Science & Technology's value of 6.00 is 263.6% above this benchmark. Historically, Haohua Chemical Science & Technology's own Cyclically Adjusted PB Ratio has ranged from 3.16 to 11.08 over the past decade. While the company's 10-year median is 5.51 vs. the industry median of 1.65, Haohua Chemical Science & Technology 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 Chemicals company?
The median Cyclically Adjusted PB Ratio among Chemicals companies is 1.65, based on 1,210 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. Haohua Chemical Science & Technology's current Cyclically Adjusted PB Ratio of 6.00 is 263.6% 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 Haohua Chemical Science & Technology and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Haohua Chemical Science & Technology's current Cyclically Adjusted PB Ratio is 6.00, which is near median its own 10-year median of 5.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Haohua Chemical Science & Technology stock overvalued right now?
Based on GuruFocus' analysis, Haohua Chemical Science & Technology (SHSE:600378) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥34.82, compared to a current price of ¥48.70 — trading 39.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 6.00, which is near median its 10-year median of 5.51 and 263.6% above the Chemicals industry median of 1.65. Haohua Chemical Science & Technology's overall GF Score™ is 85/100 with 4 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 Haohua Chemical Science & Technology (SHSE:600378), the current Cyclically Adjusted PB Ratio is 6.00 as of Aug. 15, 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 Haohua Chemical Science & Technology (SHSE:600378) Overvalued in 2026?

Based on GuruFocus' analysis, Haohua Chemical Science & Technology stock appears to be overvalued. The current stock price of ¥48.70 is trading 39.9% above its estimated GF Value™ of ¥34.82. GuruFocus considers Haohua Chemical Science & Technology to be Significantly Overvalued.

Key valuation signals for SHSE:600378:

  • Cyclically Adjusted PB Ratio: 6.00 (near median its 10-year median of 5.51)
  • GF Value™: ¥34.82 vs. price of ¥48.70 (39.9% above fair value)
  • GF Score™: 85/100 with 4 warning signs
  • Industry Position: 263.6% above the Chemicals median (#1068 of 1210)

No single metric tells the full story. See the SHSE:600378 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Haohua Chemical Science & Technology Business Description

Address No. 19 Xiaoying Road, Block A, Haohua Building, Chaoyang District, Beijing, CHN, 100101
Haohua Chemical Science & Technology Corp Ltd is a China-based company engaged in the manufacturing of chemicals and related products It specializes in catalysts, PSA technology and equipment, research, production and sales of synthetic linalool and industrial gases, chemical engineering design, and engineering contracting.
85GF Score

Get the complete analysis for SHSE:600378

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

¥48.70
Price
¥34.82
GF Value