Jiangsu Hengli Hydraulic Co (SHSE:601100) Cyclically Adjusted PB Ratio: 14.94 (As of Aug. 21, 2026) — Near Median

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SHSE:601100 Jiangsu Hengli Hydraulic Co Ltd SHSE:601100
90 GF Score
Price ¥105.79
GF Value ¥91.88
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Jiangsu Hengli Hydraulic Co Cyclically Adjusted PB Ratio?

Jiangsu Hengli Hydraulic Co SHSE:601100 +4.33% 90 Cyclically Adjusted PB Ratio is 14.94 as of Aug. 21, 2026, which is 2% above its 10-year median of 14.69. GuruFocus rates SHSE:601100 with a GF Score™ of 90/100 and a GF Value™ of ¥91.88 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 2,159 Industrial Products companies, Jiangsu Hengli Hydraulic Co ranks worse than 96.29% on this metric.

As of today (2026-08-21), Jiangsu Hengli Hydraulic Co's current share price is ¥105.79. Jiangsu Hengli Hydraulic Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ¥7.08. Jiangsu Hengli Hydraulic Co's Cyclically Adjusted PB Ratio for today is 14.94.

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

SHSE:601100' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 8.16   Med: 14.69   Max: 39.52
Current: 15.01

During the past years, Jiangsu Hengli Hydraulic Co's highest Cyclically Adjusted PB Ratio was 39.52. The lowest was 8.16. And the median was 14.69.

SHSE:601100's Cyclically Adjusted PB Ratio is ranked worse than
96.29% of 2159 companies
in the Industrial Products industry
Industry Median: 2.14 vs SHSE:601100: 15.01

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.

Jiangsu Hengli Hydraulic Co's adjusted book value per share data for the three months ended in Mar. 2026 was ¥13.340. 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 ¥7.08 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jiangsu Hengli Hydraulic Co  (SHSE:601100) 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.


Jiangsu Hengli Hydraulic Co Cyclically Adjusted PB Ratio Related Terms


Jiangsu Hengli Hydraulic Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Jiangsu Hengli Hydraulic 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.

Jiangsu Hengli Hydraulic Co Cyclically Adjusted PB Ratio Chart

Jiangsu Hengli Hydraulic 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 22.00 14.75 10.99 9.10 16.17

Jiangsu Hengli Hydraulic Co 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 13.17 11.51 14.67 16.17 13.56

SHSE:601100 vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Jiangsu Hengli Hydraulic 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.


Jiangsu Hengli Hydraulic Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Jiangsu Hengli Hydraulic Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Jiangsu Hengli Hydraulic Co's Cyclically Adjusted PB Ratio falls into.


SHSE:601100
90GF Score
Jiangsu Hengli Hydraulic Co Ltd SHSE:601100
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Jiangsu Hengli Hydraulic 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.

Jiangsu Hengli Hydraulic Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=105.79/7.08
=14.94

* 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.

Jiangsu Hengli Hydraulic Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Jiangsu Hengli Hydraulic Co'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)
=13.34/116.3033*116.3033
=13.340

Current CPI (Mar. 2026) = 116.3033.

Jiangsu Hengli Hydraulic Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.653 101.400 3.043
201609 2.663 102.400 3.025
201612 2.685 102.600 3.044
201703 2.731 103.200 3.078
201706 2.775 103.100 3.130
201709 2.867 104.100 3.203
201712 2.946 104.500 3.279
201803 3.066 105.300 3.386
201806 3.195 104.900 3.542
201809 3.396 106.600 3.705
201812 3.483 106.500 3.804
201903 3.730 107.700 4.028
201906 3.789 107.700 4.092
201909 3.979 109.800 4.215
201912 4.278 111.200 4.474
202003 4.544 112.300 4.706
202006 4.632 110.400 4.880
202009 5.005 111.700 5.211
202012 5.603 111.500 5.844
202103 6.195 112.662 6.395
202106 6.070 111.769 6.316
202109 6.511 112.215 6.748
202112 7.045 113.108 7.244
202203 7.448 114.335 7.576
202206 7.126 114.558 7.235
202209 7.698 115.339 7.762
202212 9.675 115.116 9.775
202303 9.905 115.116 10.007
202306 9.831 114.558 9.981
202309 10.157 115.339 10.242
202312 10.733 114.781 10.875
202403 11.202 115.227 11.307
202406 10.925 114.781 11.070
202409 11.238 115.785 11.288
202412 11.765 114.893 11.909
202503 12.238 115.116 12.364
202506 12.217 114.907 12.365
202509 12.721 115.471 12.813
202512 12.888 115.832 12.940
202603 13.340 116.303 13.340

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 14.94 mean?
Jiangsu Hengli Hydraulic Co (SHSE:601100) has a Cyclically Adjusted PB Ratio of 14.94 as of Aug. 21, 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 Jiangsu Hengli Hydraulic Co and its competitors. This is near median its historical median of 14.69. Over the past decade, Jiangsu Hengli Hydraulic Co's Cyclically Adjusted PB Ratio has ranged from 8.16 to 39.52. According to the industry distribution chart, Jiangsu Hengli Hydraulic Co ranks #2079 out of 2159 companies in the Industrial Products industry, placing it in the top 96.3%.
Is Jiangsu Hengli Hydraulic Co's Cyclically Adjusted PB Ratio too high?
Jiangsu Hengli Hydraulic Co's current Cyclically Adjusted PB Ratio of 14.94 is near median its 10-year median of 14.69. Over the past 10 years, this metric has ranged from a low of 8.16 to a high of 39.52. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.14. Jiangsu Hengli Hydraulic Co's value of 14.94 is 598.1% above this industry median. Based on the distribution chart, Jiangsu Hengli Hydraulic Co ranks #2079 out of 2159 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Jiangsu Hengli Hydraulic Co has a GF Score™ of 90/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu Hengli Hydraulic Co's Cyclically Adjusted PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Jiangsu Hengli Hydraulic Co ranks #2079 out of 2159 companies for Cyclically Adjusted PB Ratio. This places Jiangsu Hengli Hydraulic Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.14. Jiangsu Hengli Hydraulic Co's value of 14.94 is 598.1% above this benchmark. Historically, Jiangsu Hengli Hydraulic Co's own Cyclically Adjusted PB Ratio has ranged from 8.16 to 39.52 over the past decade. While the company's 10-year median is 14.69 vs. the industry median of 2.14, Jiangsu Hengli Hydraulic 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 2.14, based on 2,159 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. Jiangsu Hengli Hydraulic Co's current Cyclically Adjusted PB Ratio of 14.94 is 598.1% 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 Jiangsu Hengli Hydraulic Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangsu Hengli Hydraulic Co's current Cyclically Adjusted PB Ratio is 14.94, which is near median its own 10-year median of 14.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu Hengli Hydraulic Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu Hengli Hydraulic Co (SHSE:601100) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥91.88, compared to a current price of ¥105.79 — trading 15.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 14.94, which is near median its 10-year median of 14.69 and 598.1% above the Industrial Products industry median of 2.14. Jiangsu Hengli Hydraulic Co's overall GF Score™ is 90/100 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 Jiangsu Hengli Hydraulic Co (SHSE:601100), the current Cyclically Adjusted PB Ratio is 14.94 as of Aug. 21, 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 Jiangsu Hengli Hydraulic Co (SHSE:601100) Overvalued in 2026?

Based on GuruFocus' analysis, Jiangsu Hengli Hydraulic Co stock appears to be overvalued. The current stock price of ¥105.79 is trading 15.1% above its estimated GF Value™ of ¥91.88. GuruFocus considers Jiangsu Hengli Hydraulic Co to be Modestly Overvalued.

Key valuation signals for SHSE:601100:

  • Cyclically Adjusted PB Ratio: 14.94 (near median its 10-year median of 14.69)
  • GF Value™: ¥91.88 vs. price of ¥105.79 (15.1% above fair value)
  • GF Score™: 90/100 with 2 warning signs
  • Industry Position: 598.1% above the Industrial Products median (#2079 of 2159)

No single metric tells the full story. See the SHSE:601100 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jiangsu Hengli Hydraulic Co Business Description

Address No. 99, Longqian Road, Wujin High-tech Zone, Jiangsu Province, Changzhou, CHN, 213164
Hengli Hydraulic is a leading Chinese hydraulic component supplier. It designs, manufactures, and sells hydraulic cylinder, pump, valve, and motor products. Hengli's products are widely used in heavy machinery. It is the largest supplier of excavator hydraulic cylinders in the world, holding about 30% global market share.
90GF Score

Get the complete analysis for SHSE:601100

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

¥105.79
Price
¥91.88
GF Value