Shanghai Huitong Energy Co (SHSE:600605) Cyclically Adjusted PB Ratio: 5.39 (As of Aug. 26, 2026) — 46% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:600605 Shanghai Huitong Energy Co Ltd SHSE:600605
85 GF Score
Price ¥26.41
GF Value ¥32.14
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Shanghai Huitong Energy Co Cyclically Adjusted PB Ratio?

Shanghai Huitong Energy Co SHSE:600605 -0.64% 85 Cyclically Adjusted PB Ratio is 5.39 as of Aug. 26, 2026, which is 46% above its 10-year median of 3.69. GuruFocus rates SHSE:600605 with a GF Score™ of 85/100 and a GF Value™ of ¥32.14 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,112 Industrial Products companies, Shanghai Huitong Energy Co ranks worse than 78.98% on this metric.

As of today (2026-08-26), Shanghai Huitong Energy Co's current share price is ¥26.41. Shanghai Huitong Energy Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ¥4.90. Shanghai Huitong Energy Co's Cyclically Adjusted PB Ratio for today is 5.39.

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

SHSE:600605' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.13   Med: 3.69   Max: 9.98
Current: 5.01

During the past years, Shanghai Huitong Energy Co's highest Cyclically Adjusted PB Ratio was 9.98. The lowest was 2.13. And the median was 3.69.

SHSE:600605's Cyclically Adjusted PB Ratio is ranked worse than
78.98% of 2112 companies
in the Industrial Products industry
Industry Median: 2.1 vs SHSE:600605: 5.01

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.

Shanghai Huitong Energy Co's adjusted book value per share data for the three months ended in Jun. 2026 was ¥6.966. 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 ¥4.90 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shanghai Huitong Energy Co  (SHSE:600605) 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.


Shanghai Huitong Energy Co Cyclically Adjusted PB Ratio Related Terms


Shanghai Huitong Energy Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Shanghai Huitong Energy 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.

Shanghai Huitong Energy Co Cyclically Adjusted PB Ratio Chart

Shanghai Huitong Energy 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 2.92 2.88 7.18 8.15 6.39

Shanghai Huitong Energy 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 8.36 7.36 6.39 5.82 5.91

SHSE:600605 vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Shanghai Huitong Energy 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.


Shanghai Huitong Energy Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shanghai Huitong Energy Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Shanghai Huitong Energy Co's Cyclically Adjusted PB Ratio falls into.


SHSE:600605
85GF Score
Shanghai Huitong Energy Co Ltd SHSE:600605
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shanghai Huitong Energy 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.

Shanghai Huitong Energy Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=26.41/4.90
=5.39

* 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.

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

For example, Shanghai Huitong Energy 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)
=6.966/116.0564*116.0564
=6.966

Current CPI (Jun. 2026) = 116.0564.

Shanghai Huitong Energy Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 2.786 102.400 3.158
201612 2.798 102.600 3.165
201703 2.824 103.200 3.176
201706 2.816 103.100 3.170
201709 2.830 104.100 3.155
201712 3.263 104.500 3.624
201803 3.314 105.300 3.653
201806 3.316 104.900 3.669
201809 3.312 106.600 3.606
201812 3.499 106.500 3.813
201903 3.341 107.700 3.600
201906 3.332 107.700 3.591
201909 3.361 109.800 3.553
201912 3.446 111.200 3.596
202003 3.521 112.300 3.639
202006 3.652 110.400 3.839
202009 3.695 111.700 3.839
202012 3.755 111.500 3.908
202103 3.792 112.662 3.906
202106 3.949 111.769 4.100
202109 4.242 112.215 4.387
202112 5.435 113.108 5.577
202203 5.449 114.335 5.531
202206 5.403 114.558 5.474
202209 5.437 115.339 5.471
202212 5.455 115.116 5.500
202303 5.490 115.116 5.535
202306 5.925 114.558 6.003
202309 6.205 115.339 6.244
202312 6.275 114.781 6.345
202403 6.330 115.227 6.376
202406 6.640 114.781 6.714
202409 6.719 115.785 6.735
202412 6.703 114.893 6.771
202503 6.750 115.116 6.805
202506 6.864 114.907 6.933
202509 6.892 115.471 6.927
202512 6.881 115.832 6.894
202603 6.923 116.303 6.908
202606 6.966 116.056 6.966

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 5.39 mean?
Shanghai Huitong Energy Co (SHSE:600605) has a Cyclically Adjusted PB Ratio of 5.39 as of Aug. 26, 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 Shanghai Huitong Energy Co and its competitors. This is 46% above median its historical median of 3.69. Over the past decade, Shanghai Huitong Energy Co's Cyclically Adjusted PB Ratio has ranged from 2.13 to 9.98. According to the industry distribution chart, Shanghai Huitong Energy Co ranks #1668 out of 2112 companies in the Industrial Products industry, placing it in the top 79%.
Is Shanghai Huitong Energy Co's Cyclically Adjusted PB Ratio too high?
Shanghai Huitong Energy Co's current Cyclically Adjusted PB Ratio of 5.39 is 46% above median its 10-year median of 3.69. Over the past 10 years, this metric has ranged from a low of 2.13 to a high of 9.98. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.10. Shanghai Huitong Energy Co's value of 5.39 is 156.7% above this industry median. Based on the distribution chart, Shanghai Huitong Energy Co ranks #1668 out of 2112 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Shanghai Huitong Energy Co has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Huitong Energy Co's Cyclically Adjusted PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Shanghai Huitong Energy Co ranks #1668 out of 2112 companies for Cyclically Adjusted PB Ratio. This places Shanghai Huitong Energy Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.10. Shanghai Huitong Energy Co's value of 5.39 is 156.7% above this benchmark. Historically, Shanghai Huitong Energy Co's own Cyclically Adjusted PB Ratio has ranged from 2.13 to 9.98 over the past decade. While the company's 10-year median is 3.69 vs. the industry median of 2.10, Shanghai Huitong Energy 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.10, based on 2,112 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. Shanghai Huitong Energy Co's current Cyclically Adjusted PB Ratio of 5.39 is 156.7% 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 Shanghai Huitong Energy Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Huitong Energy Co's current Cyclically Adjusted PB Ratio is 5.39, which is 46% above median its own 10-year median of 3.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Huitong Energy Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Huitong Energy Co (SHSE:600605) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥32.14, compared to a current price of ¥26.41 — trading 17.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 5.39, which is 46% above median its 10-year median of 3.69 and 156.7% above the Industrial Products industry median of 2.10. Shanghai Huitong Energy Co's overall GF Score™ is 85/100 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 Shanghai Huitong Energy Co (SHSE:600605), the current Cyclically Adjusted PB Ratio is 5.39 as of Aug. 26, 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 Shanghai Huitong Energy Co (SHSE:600605) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Huitong Energy Co stock appears to be undervalued. The current stock price of ¥26.41 is trading 17.8% below its estimated GF Value™ of ¥32.14. GuruFocus considers Shanghai Huitong Energy Co to be Modestly Undervalued.

Key valuation signals for SHSE:600605:

  • Cyclically Adjusted PB Ratio: 5.39 (46% above median its 10-year median of 3.69)
  • GF Value™: ¥32.14 vs. price of ¥26.41 (17.8% below fair value)
  • GF Score™: 85/100 with 5 warning signs
  • Industry Position: 156.7% above the Industrial Products median (#1668 of 2112)

No single metric tells the full story. See the SHSE:600605 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Huitong Energy Co Business Description

Address No. 1576 Nanjing West Road, Shanghai, CHN, 200040
Shanghai Huitong Energy Co Ltd is a large-scale enterprise engaged in the research and production of light industrial machinery. The company's main business includes wind power investment and operation, trade, property leasing and property management.
85GF Score

Get the complete analysis for SHSE:600605

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

¥26.41
Price
¥32.14
GF Value