Anhui Hengyuan Coal Industry And Electricity Power Co (SHSE:600971) Cyclically Adjusted PB Ratio: (As of Aug. 21, 2026)

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Director of Data and Quant Analytics at GuruFocus
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SHSE:600971 Anhui Hengyuan Coal Industry And Electricity Power Co Ltd SHSE:600971
65 GF Score
Price ¥8.70
GF Value ¥7.48
Valuation Modestly Overvalued
! 12 Warning Signs
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What is Anhui Hengyuan Coal Industry And Electricity Power Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Anhui Hengyuan Coal Industry And Electricity Power Co  (SHSE:600971) 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.


Anhui Hengyuan Coal Industry And Electricity Power Co Cyclically Adjusted PB Ratio Related Terms


Anhui Hengyuan Coal Industry And Electricity Power Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Anhui Hengyuan Coal Industry And Electricity Power 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.

Anhui Hengyuan Coal Industry And Electricity Power Co Cyclically Adjusted PB Ratio Chart

Anhui Hengyuan Coal Industry And Electricity Power 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 0.96 1.02 1.52 1.22 0.76

Anhui Hengyuan Coal Industry And Electricity Power 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 0.83 0.84 0.76 0.89 0.00

Anhui Hengyuan Coal Industry And Electricity Power Co Cyclically Adjusted PB Ratio Competitor Comparison

For the Thermal Coal subindustry, Anhui Hengyuan Coal Industry And Electricity Power 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.


Anhui Hengyuan Coal Industry And Electricity Power Co Cyclically Adjusted PB Ratio vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Anhui Hengyuan Coal Industry And Electricity Power Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Anhui Hengyuan Coal Industry And Electricity Power Co's Cyclically Adjusted PB Ratio falls into.


SHSE:600971
65GF Score
Anhui Hengyuan Coal Industry And Electricity Power Co Ltd SHSE:600971
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Anhui Hengyuan Coal Industry And Electricity Power 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.

Anhui Hengyuan Coal Industry And Electricity Power Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Anhui Hengyuan Coal Industry And Electricity Power 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)
=9.859/116.0564*116.0564
=9.859

Current CPI (Jun. 2026) = 116.0564.

Anhui Hengyuan Coal Industry And Electricity Power Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 4.914 102.400 5.569
201612 4.723 102.600 5.342
201703 5.070 103.200 5.702
201706 5.428 103.100 6.110
201709 5.746 104.100 6.406
201712 5.762 104.500 6.399
201803 5.979 105.300 6.590
201806 5.907 104.900 6.535
201809 6.119 106.600 6.662
201812 6.598 106.500 7.190
201903 6.724 107.700 7.246
201906 6.620 107.700 7.134
201909 6.828 109.800 7.217
201912 7.265 111.200 7.582
202003 7.500 112.300 7.751
202006 7.361 110.400 7.738
202009 7.441 111.700 7.731
202012 7.784 111.500 8.102
202103 7.960 112.662 8.200
202106 7.712 111.769 8.008
202109 7.996 112.215 8.270
202112 8.303 113.108 8.519
202203 8.665 114.335 8.795
202206 8.597 114.558 8.709
202209 9.235 115.339 9.292
202212 10.957 115.116 11.047
202303 10.339 115.116 10.423
202306 9.796 114.558 9.924
202309 10.231 115.339 10.295
202312 10.502 114.781 10.619
202403 10.905 115.227 10.983
202406 10.344 114.781 10.459
202409 10.503 115.785 10.528
202412 10.304 114.893 10.408
202503 10.340 115.116 10.425
202506 9.933 114.907 10.032
202509 9.977 115.471 10.028
202512 9.800 115.832 9.819
202603 9.895 116.303 9.874
202606 9.859 116.056 9.859

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.

Is Anhui Hengyuan Coal Industry And Electricity Power Co (SHSE:600971) Overvalued in 2026?

Based on GuruFocus' analysis, Anhui Hengyuan Coal Industry And Electricity Power Co stock appears to be overvalued. The current stock price of ¥8.70 is trading 16.3% above its estimated GF Value™ of ¥7.48. GuruFocus considers Anhui Hengyuan Coal Industry And Electricity Power Co to be Modestly Overvalued.

Key valuation signals for SHSE:600971:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ¥7.48 vs. price of ¥8.70 (16.3% above fair value)
  • GF Score™: 65/100 with 12 warning signs

No single metric tells the full story. See the SHSE:600971 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Anhui Hengyuan Coal Industry And Electricity Power Co Business Description

Address Liuqiao Town, Tunxi County, Anhui Province, Huaibei, CHN, 235162
Anhui Hengyuan Coal Industry And Electricity Power Co Ltd is a China-based company engaged in mining, processing, washing, and sale of coal. It offers coal blending, washing coal, smelting clean coal products which are widely used in electric power, metallurgy, petrochemical, building materials, coking, blast furnace injection, civil and other fields. Geographically the company's products are sold well in East China and Jiangxi province.
65GF Score

Get the complete analysis for SHSE:600971

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

¥8.70
Price
¥7.48
GF Value