Jihua Group (SHSE:601718) Cyclically Adjusted PB Ratio: 0.47 (As of Aug. 29, 2026) — 39% Below Median

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SHSE:601718 Jihua Group Corp Ltd SHSE:601718
44 GF Score
Price ¥1.87
GF Value ¥1.74
Valuation Fairly Valued
! 2 Warning Signs
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What is Jihua Group Cyclically Adjusted PB Ratio?

Jihua Group SHSE:601718 +0.54% 44 Cyclically Adjusted PB Ratio is 0.47 as of Aug. 29, 2026, which is 39% below its 10-year median of 0.77. GuruFocus rates SHSE:601718 with a GF Score™ of 44/100 and a GF Value™ of ¥1.74 (Fairly Valued). The stock has 2 warning signs investors should review. Among 638 Manufacturing - Apparel & Accessories companies, Jihua Group ranks better than 75.24% on this metric.

As of today (2026-08-29), Jihua Group's current share price is ¥1.87. Jihua Group's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ¥3.94. Jihua Group's Cyclically Adjusted PB Ratio for today is 0.47.

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

SHSE:601718' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.36   Med: 0.77   Max: 1.62
Current: 0.47

During the past years, Jihua Group's highest Cyclically Adjusted PB Ratio was 1.62. The lowest was 0.36. And the median was 0.77.

SHSE:601718's Cyclically Adjusted PB Ratio is ranked better than
75.24% of 638 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.93 vs SHSE:601718: 0.47

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.

Jihua Group's adjusted book value per share data for the three months ended in Jun. 2026 was ¥2.736. 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 ¥3.94 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jihua Group  (SHSE:601718) 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.


Jihua Group Cyclically Adjusted PB Ratio Related Terms


Jihua Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Jihua Group'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.

Jihua Group Cyclically Adjusted PB Ratio Chart

Jihua Group 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 0.78 0.73 0.71 0.70 0.84

Jihua Group 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 0.98 0.88 0.84 0.77 0.37

SHSE:601718 vs RL, LEVI, VFC: Cyclically Adjusted PB Ratio Comparison

For the Apparel Manufacturing subindustry, Jihua Group'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.


Jihua Group Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Jihua Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


SHSE:601718
44GF Score
Jihua Group Corp Ltd SHSE:601718
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jihua Group 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.

Jihua Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.87/3.94
=0.47

* 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.

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

For example, Jihua Group'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)
=2.736/116.0564*116.0564
=2.736

Current CPI (Jun. 2026) = 116.0564.

Jihua Group Quarterly Data

Book Value per Share CPI Adj_Book
201609 3.532 102.400 4.003
201612 3.616 102.600 4.090
201703 3.238 103.200 3.641
201706 4.218 103.100 4.748
201709 4.221 104.100 4.706
201712 4.282 104.500 4.756
201803 4.319 105.300 4.760
201806 4.166 104.900 4.609
201809 4.151 106.600 4.519
201812 4.093 106.500 4.460
201903 4.116 107.700 4.435
201906 4.086 107.700 4.403
201909 4.091 109.800 4.324
201912 4.093 111.200 4.272
202003 4.098 112.300 4.235
202006 4.065 110.400 4.273
202009 4.070 111.700 4.229
202012 3.885 111.500 4.044
202103 3.892 112.662 4.009
202106 3.896 111.769 4.045
202109 3.890 112.215 4.023
202112 3.852 113.108 3.952
202203 3.877 114.335 3.935
202206 3.892 114.558 3.943
202209 3.892 115.339 3.916
202212 3.878 115.116 3.910
202303 3.883 115.116 3.915
202306 3.864 114.558 3.915
202309 3.874 115.339 3.898
202312 3.895 114.781 3.938
202403 3.889 115.227 3.917
202406 3.860 114.781 3.903
202409 3.855 115.785 3.864
202412 2.872 114.893 2.901
202503 2.872 115.116 2.895
202506 2.845 114.907 2.873
202509 2.827 115.471 2.841
202512 2.802 115.832 2.807
202603 2.774 116.303 2.768
202606 2.736 116.056 2.736

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 0.47 mean?
Jihua Group (SHSE:601718) has a Cyclically Adjusted PB Ratio of 0.47 as of Aug. 29, 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 Jihua Group and its competitors. This is 39% below median its historical median of 0.77. Over the past decade, Jihua Group's Cyclically Adjusted PB Ratio has ranged from 0.36 to 1.62. According to the industry distribution chart, Jihua Group ranks #158 out of 638 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 24.8%.
Is Jihua Group's Cyclically Adjusted PB Ratio too high?
Jihua Group's current Cyclically Adjusted PB Ratio of 0.47 is 39% below median its 10-year median of 0.77. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 1.62. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PB Ratio is 0.93. Jihua Group's value of 0.47 is 49.5% below this industry median. Based on the distribution chart, Jihua Group ranks #158 out of 638 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Jihua Group has a GF Score™ of 44/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Jihua Group's Cyclically Adjusted PB Ratio compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Jihua Group ranks #158 out of 638 companies for Cyclically Adjusted PB Ratio. This places Jihua Group in the top 25% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.93. Jihua Group's value of 0.47 is 49.5% below this benchmark. Historically, Jihua Group's own Cyclically Adjusted PB Ratio has ranged from 0.36 to 1.62 over the past decade. While the company's 10-year median is 0.77 vs. the industry median of 0.93, Jihua Group 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 Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted PB Ratio among Manufacturing - Apparel & Accessories companies is 0.93, based on 638 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. Jihua Group's current Cyclically Adjusted PB Ratio of 0.47 is 49.5% 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 Jihua Group and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PB Ratio is 0.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jihua Group's current Cyclically Adjusted PB Ratio is 0.47, which is 39% below median its own 10-year median of 0.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jihua Group stock overvalued right now?
Based on GuruFocus' analysis, Jihua Group (SHSE:601718) is currently considered Fairly Valued. The stock's GF Value™ is ¥1.74, compared to a current price of ¥1.87 — trading 7.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.47, which is 39% below median its 10-year median of 0.77 and 49.5% below the Manufacturing - Apparel & Accessories industry median of 0.93. Jihua Group's overall GF Score™ is 44/100 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 Jihua Group (SHSE:601718), the current Cyclically Adjusted PB Ratio is 0.47 as of Aug. 29, 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 Jihua Group (SHSE:601718) Overvalued in 2026?

Based on GuruFocus' analysis, Jihua Group stock appears to be overvalued. The current stock price of ¥1.87 is trading 7.5% above its estimated GF Value™ of ¥1.74. GuruFocus considers Jihua Group to be Fairly Valued.

Key valuation signals for SHSE:601718:

  • Cyclically Adjusted PB Ratio: 0.47 (39% below median its 10-year median of 0.77)
  • GF Value™: ¥1.74 vs. price of ¥1.87 (7.5% above fair value)
  • GF Score™: 44/100 with 2 warning signs
  • Industry Position: 49.5% below the Manufacturing - Apparel & Accessories median (#158 of 638)

No single metric tells the full story. See the SHSE:601718 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jihua Group Business Description

Address Hongshan Farm, Xiaoshan, Hangzhou, CHN
Jihua Group Corp Ltd is a China-based company engaged in the business of formal wear, textile printing and dyeing, professional footwear and protective equipment, ferroalloys, and medicines.
44GF Score

Get the complete analysis for SHSE:601718

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

¥1.87
Price
¥1.74
GF Value