MeiHua Holdings Group Co (SHSE:600873) Cyclically Adjusted PB Ratio: 1.93 (As of Aug. 26, 2026) — 26% Below Median

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SHSE:600873 MeiHua Holdings Group Co Ltd SHSE:600873
77 GF Score
Price ¥7.70
GF Value ¥10.77
Valuation Modestly Undervalued
! 2 Warning Signs
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What is MeiHua Holdings Group Co Cyclically Adjusted PB Ratio?

MeiHua Holdings Group Co SHSE:600873 -2.16% 77 Cyclically Adjusted PB Ratio is 1.93 as of Aug. 26, 2026, which is 26% below its 10-year median of 2.62. GuruFocus rates SHSE:600873 with a GF Score™ of 77/100 and a GF Value™ of ¥10.77 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,126 Chemicals companies, MeiHua Holdings Group Co ranks worse than 55.95% on this metric.

As of today (2026-08-26), MeiHua Holdings Group Co's current share price is ¥7.70. MeiHua Holdings Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ¥3.98. MeiHua Holdings Group Co's Cyclically Adjusted PB Ratio for today is 1.93.

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

SHSE:600873' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.36   Med: 2.62   Max: 4.27
Current: 1.95

During the past years, MeiHua Holdings Group Co's highest Cyclically Adjusted PB Ratio was 4.27. The lowest was 1.36. And the median was 2.62.

SHSE:600873's Cyclically Adjusted PB Ratio is ranked worse than
55.95% of 1126 companies
in the Chemicals industry
Industry Median: 1.66 vs SHSE:600873: 1.95

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.

MeiHua Holdings Group Co's adjusted book value per share data for the three months ended in Jun. 2026 was ¥5.588. 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 ¥3.98 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


MeiHua Holdings Group Co  (SHSE:600873) 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.


MeiHua Holdings Group Co Cyclically Adjusted PB Ratio Related Terms


MeiHua Holdings Group Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for MeiHua Holdings Group 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.

MeiHua Holdings Group Co Cyclically Adjusted PB Ratio Chart

MeiHua Holdings Group 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 2.57 3.18 2.85 2.81 2.63

MeiHua Holdings Group 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 2.90 2.82 2.63 2.91 1.85

SHSE:600873 vs LIN, SHW, ECL: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, MeiHua Holdings Group 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.


MeiHua Holdings Group Co Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, MeiHua Holdings Group Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where MeiHua Holdings Group Co's Cyclically Adjusted PB Ratio falls into.


SHSE:600873
77GF Score
MeiHua Holdings Group Co Ltd SHSE:600873
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MeiHua Holdings Group 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.

MeiHua Holdings Group Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.70/3.98
=1.93

* 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.

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

For example, MeiHua Holdings Group 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)
=5.588/116.0564*116.0564
=5.588

Current CPI (Jun. 2026) = 116.0564.

MeiHua Holdings Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 2.795 102.400 3.168
201612 2.916 102.600 3.298
201703 3.026 103.200 3.403
201706 2.816 103.100 3.170
201709 2.840 104.100 3.166
201712 2.929 104.500 3.253
201803 3.009 105.300 3.316
201806 2.750 104.900 3.042
201809 2.841 106.600 3.093
201812 2.932 106.500 3.195
201903 3.037 107.700 3.273
201906 2.817 107.700 3.036
201909 2.862 109.800 3.025
201912 2.893 111.200 3.019
202003 2.959 112.300 3.058
202006 2.828 110.400 2.973
202009 2.892 111.700 3.005
202012 2.931 111.500 3.051
202103 3.067 112.662 3.159
202106 2.962 111.769 3.076
202109 3.047 112.215 3.151
202112 3.444 113.108 3.534
202203 3.822 114.335 3.880
202206 3.872 114.558 3.923
202209 4.120 115.339 4.146
202212 4.442 115.116 4.478
202303 4.392 115.116 4.428
202306 4.843 114.558 4.906
202309 4.818 115.339 4.848
202312 4.812 114.781 4.865
202403 5.211 115.227 5.249
202406 4.952 114.781 5.007
202409 5.159 115.785 5.171
202412 5.109 114.893 5.161
202503 5.416 115.116 5.460
202506 5.251 114.907 5.304
202509 5.747 115.471 5.776
202512 5.830 115.832 5.841
202603 5.854 116.303 5.842
202606 5.588 116.056 5.588

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 1.93 mean?
MeiHua Holdings Group Co (SHSE:600873) has a Cyclically Adjusted PB Ratio of 1.93 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 MeiHua Holdings Group Co and its competitors. This is 26% below median its historical median of 2.62. Over the past decade, MeiHua Holdings Group Co's Cyclically Adjusted PB Ratio has ranged from 1.36 to 4.27. According to the industry distribution chart, MeiHua Holdings Group Co ranks #630 out of 1126 companies in the Chemicals industry, placing it in the top 56%.
Is MeiHua Holdings Group Co's Cyclically Adjusted PB Ratio too high?
MeiHua Holdings Group Co's current Cyclically Adjusted PB Ratio of 1.93 is 26% below median its 10-year median of 2.62. Over the past 10 years, this metric has ranged from a low of 1.36 to a high of 4.27. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.66. MeiHua Holdings Group Co's value of 1.93 is 16.3% above this industry median. Based on the distribution chart, MeiHua Holdings Group Co ranks #630 out of 1126 companies in the Chemicals industry, which is below the industry midpoint. Overall, MeiHua Holdings Group Co has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MeiHua Holdings Group Co's Cyclically Adjusted PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, MeiHua Holdings Group Co ranks #630 out of 1126 companies for Cyclically Adjusted PB Ratio. This places MeiHua Holdings Group Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.66. MeiHua Holdings Group Co's value of 1.93 is 16.3% above this benchmark. Historically, MeiHua Holdings Group Co's own Cyclically Adjusted PB Ratio has ranged from 1.36 to 4.27 over the past decade. While the company's 10-year median is 2.62 vs. the industry median of 1.66, MeiHua Holdings Group 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 Chemicals company?
The median Cyclically Adjusted PB Ratio among Chemicals companies is 1.66, based on 1,126 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. MeiHua Holdings Group Co's current Cyclically Adjusted PB Ratio of 1.93 is 16.3% 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 MeiHua Holdings Group Co and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MeiHua Holdings Group Co's current Cyclically Adjusted PB Ratio is 1.93, which is 26% below median its own 10-year median of 2.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MeiHua Holdings Group Co stock overvalued right now?
Based on GuruFocus' analysis, MeiHua Holdings Group Co (SHSE:600873) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥10.77, compared to a current price of ¥7.70 — trading 28.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.93, which is 26% below median its 10-year median of 2.62 and 16.3% above the Chemicals industry median of 1.66. MeiHua Holdings Group Co's overall GF Score™ is 77/100 with 2 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 MeiHua Holdings Group Co (SHSE:600873), the current Cyclically Adjusted PB Ratio is 1.93 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 MeiHua Holdings Group Co (SHSE:600873) Overvalued in 2026?

Based on GuruFocus' analysis, MeiHua Holdings Group Co stock appears to be undervalued. The current stock price of ¥7.70 is trading 28.5% below its estimated GF Value™ of ¥10.77. GuruFocus considers MeiHua Holdings Group Co to be Modestly Undervalued.

Key valuation signals for SHSE:600873:

  • Cyclically Adjusted PB Ratio: 1.93 (26% below median its 10-year median of 2.62)
  • GF Value™: ¥10.77 vs. price of ¥7.70 (28.5% below fair value)
  • GF Score™: 77/100 with 2 warning signs
  • Industry Position: 16.3% above the Chemicals median (#630 of 1126)

No single metric tells the full story. See the SHSE:600873 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MeiHua Holdings Group Co Business Description

Address No. 66, Huaxiang Road, Economic and Technological Development Zone, Hebei Province, Langfang, CHN, 065001
MeiHua Holdings Group Co Ltd is a China-based supplier of amino acid nutrition and health solution. Its products include Food additives, condiment, colloid, Amino acids, capsule, fertilizer, bulk by-products (such as corn germ and protein powder) and among others. The company mainly operates its businesses in the domestic and overseas markets.
77GF Score

Get the complete analysis for SHSE:600873

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

¥7.70
Price
¥10.77
GF Value