Shanghai Pharmaceuticals Holding Co (SHSE:601607) Cyclically Adjusted PB Ratio: 0.95 (As of Aug. 22, 2026) — 38% Below Median

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SHSE:601607 Shanghai Pharmaceuticals Holding Co Ltd SHSE:601607
82 GF Score
Price ¥16.19
GF Value ¥20.07
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Shanghai Pharmaceuticals Holding Co Cyclically Adjusted PB Ratio?

Shanghai Pharmaceuticals Holding Co SHSE:601607 -2.82% 82 Cyclically Adjusted PB Ratio is 0.95 as of Aug. 22, 2026, which is 38% below its 10-year median of 1.53. GuruFocus rates SHSE:601607 with a GF Score™ of 82/100 and a GF Value™ of ¥20.07 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 89 Medical Distribution companies, Shanghai Pharmaceuticals Holding Co ranks better than 59.55% on this metric.

As of today (2026-08-22), Shanghai Pharmaceuticals Holding Co's current share price is ¥16.19. Shanghai Pharmaceuticals Holding Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ¥17.03. Shanghai Pharmaceuticals Holding Co's Cyclically Adjusted PB Ratio for today is 0.95.

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

SHSE:601607' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.9   Med: 1.53   Max: 3.38
Current: 0.95

During the past years, Shanghai Pharmaceuticals Holding Co's highest Cyclically Adjusted PB Ratio was 3.38. The lowest was 0.90. And the median was 1.53.

SHSE:601607's Cyclically Adjusted PB Ratio is ranked better than
59.55% of 89 companies
in the Medical Distribution industry
Industry Median: 1.15 vs SHSE:601607: 0.95

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.

Shanghai Pharmaceuticals Holding Co's adjusted book value per share data for the three months ended in Mar. 2026 was ¥20.845. 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 ¥17.03 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shanghai Pharmaceuticals Holding Co  (SHSE:601607) 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 Pharmaceuticals Holding Co Cyclically Adjusted PB Ratio Related Terms


Shanghai Pharmaceuticals Holding Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Shanghai Pharmaceuticals Holding 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 Pharmaceuticals Holding Co Cyclically Adjusted PB Ratio Chart

Shanghai Pharmaceuticals Holding 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 1.49 1.24 1.11 1.32 1.07

Shanghai Pharmaceuticals Holding 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 1.15 1.10 1.09 1.07 1.00

SHSE:601607 vs MCK, COR, CAH: Cyclically Adjusted PB Ratio Comparison

For the Medical Distribution subindustry, Shanghai Pharmaceuticals Holding 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 Pharmaceuticals Holding Co Cyclically Adjusted PB Ratio vs Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Shanghai Pharmaceuticals Holding Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


SHSE:601607
82GF Score
Shanghai Pharmaceuticals Holding Co Ltd SHSE:601607
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shanghai Pharmaceuticals Holding 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 Pharmaceuticals Holding Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=16.19/17.03
=0.95

* 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 Pharmaceuticals Holding Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Shanghai Pharmaceuticals Holding 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)
=20.845/116.3033*116.3033
=20.845

Current CPI (Mar. 2026) = 116.3033.

Shanghai Pharmaceuticals Holding Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 11.461 101.400 13.145
201609 11.732 102.400 13.325
201612 11.760 102.600 13.331
201703 12.152 103.200 13.695
201706 12.104 103.100 13.654
201709 12.392 104.100 13.845
201712 12.656 104.500 14.085
201803 13.208 105.300 14.588
201806 13.155 104.900 14.585
201809 13.561 106.600 14.795
201812 13.727 106.500 14.991
201903 14.112 107.700 15.239
201906 14.104 107.700 15.231
201909 14.401 109.800 15.254
201912 14.658 111.200 15.331
202003 14.995 112.300 15.530
202006 15.102 110.400 15.910
202009 15.610 111.700 16.253
202012 15.958 111.500 16.645
202103 16.688 112.662 17.227
202106 16.789 111.769 17.470
202109 17.121 112.215 17.745
202112 17.367 113.108 17.858
202203 22.696 114.335 23.087
202206 17.674 114.558 17.943
202209 17.901 115.339 18.051
202212 18.137 115.116 18.324
202303 18.539 115.116 18.730
202306 18.189 114.558 18.466
202309 18.500 115.339 18.655
202312 18.504 114.781 18.749
202403 18.919 115.227 19.096
202406 18.898 114.781 19.149
202409 19.129 115.785 19.215
202412 19.330 114.893 19.567
202503 19.688 115.116 19.891
202506 20.250 114.907 20.496
202509 20.436 115.471 20.583
202512 20.465 115.832 20.548
202603 20.845 116.303 20.845

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 0.95 mean?
Shanghai Pharmaceuticals Holding Co (SHSE:601607) has a Cyclically Adjusted PB Ratio of 0.95 as of Aug. 22, 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 Pharmaceuticals Holding Co and its competitors. This is 38% below median its historical median of 1.53. Over the past decade, Shanghai Pharmaceuticals Holding Co's Cyclically Adjusted PB Ratio has ranged from 0.90 to 3.38. According to the industry distribution chart, Shanghai Pharmaceuticals Holding Co ranks #36 out of 89 companies in the Medical Distribution industry, placing it in the top 40.4%.
Is Shanghai Pharmaceuticals Holding Co's Cyclically Adjusted PB Ratio too high?
Shanghai Pharmaceuticals Holding Co's current Cyclically Adjusted PB Ratio of 0.95 is 38% below median its 10-year median of 1.53. Over the past 10 years, this metric has ranged from a low of 0.90 to a high of 3.38. The Medical Distribution industry median Cyclically Adjusted PB Ratio is 1.15. Shanghai Pharmaceuticals Holding Co's value of 0.95 is 17.4% below this industry median. Based on the distribution chart, Shanghai Pharmaceuticals Holding Co ranks #36 out of 89 companies in the Medical Distribution industry, which is above the industry midpoint. Overall, Shanghai Pharmaceuticals Holding Co has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Pharmaceuticals Holding Co's Cyclically Adjusted PB Ratio compare to MCK and COR?
According to the Medical Distribution industry distribution chart, Shanghai Pharmaceuticals Holding Co ranks #36 out of 89 companies for Cyclically Adjusted PB Ratio. This puts Shanghai Pharmaceuticals Holding Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.15. Shanghai Pharmaceuticals Holding Co's value of 0.95 is 17.4% below this benchmark. Historically, Shanghai Pharmaceuticals Holding Co's own Cyclically Adjusted PB Ratio has ranged from 0.90 to 3.38 over the past decade. While the company's 10-year median is 1.53 vs. the industry median of 1.15, Shanghai Pharmaceuticals Holding Co has consistently been below 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 Medical Distribution company?
The median Cyclically Adjusted PB Ratio among Medical Distribution companies is 1.15, based on 89 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 Pharmaceuticals Holding Co's current Cyclically Adjusted PB Ratio of 0.95 is 17.4% below 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 Pharmaceuticals Holding Co and its competitors. For the Medical Distribution industry, the median Cyclically Adjusted PB Ratio is 1.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Pharmaceuticals Holding Co's current Cyclically Adjusted PB Ratio is 0.95, which is 38% below median its own 10-year median of 1.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Pharmaceuticals Holding Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Pharmaceuticals Holding Co (SHSE:601607) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥20.07, compared to a current price of ¥16.19 — trading 19.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.95, which is 38% below median its 10-year median of 1.53 and 17.4% below the Medical Distribution industry median of 1.15. Shanghai Pharmaceuticals Holding Co's overall GF Score™ is 82/100 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 Shanghai Pharmaceuticals Holding Co (SHSE:601607), the current Cyclically Adjusted PB Ratio is 0.95 as of Aug. 22, 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 Pharmaceuticals Holding Co (SHSE:601607) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Pharmaceuticals Holding Co stock appears to be undervalued. The current stock price of ¥16.19 is trading 19.3% below its estimated GF Value™ of ¥20.07. GuruFocus considers Shanghai Pharmaceuticals Holding Co to be Modestly Undervalued.

Key valuation signals for SHSE:601607:

  • Cyclically Adjusted PB Ratio: 0.95 (38% below median its 10-year median of 1.53)
  • GF Value™: ¥20.07 vs. price of ¥16.19 (19.3% below fair value)
  • GF Score™: 82/100 with 4 warning signs
  • Industry Position: 17.4% below the Medical Distribution median (#36 of 89)

No single metric tells the full story. See the SHSE:601607 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Pharmaceuticals Holding Co Business Description

Other Exchanges 02607:Hong KongS1R:Germany
Address No. 200 Taicang Road, Shanghai Pharmaceutical Building, Shanghai, CHN, 200020
Shanghai Pharmaceuticals Holding Co Ltd is engaged in the pharmaceutical drug development and distribution business. The Group's reportable segments are: Production, Distribution, Retail, and Other. The majority of its revenue comes from the Distribution segment, which is mainly engaged in distribution, warehousing, and other value-added pharmaceutical supply chain solutions and related services for pharmaceutical manufacturers and dispensers. The Retail segment operates a network of retail pharmacy stores, and the Production segment is mainly engaged in research and development, production, and sales of a broad range of pharmaceutical and healthcare products. Geographically, the Group mainly operates in the People's Republic of China (PRC).
82GF Score

Get the complete analysis for SHSE:601607

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

¥16.19
Price
¥20.07
GF Value