Qianhe Condiment and Food Co (SHSE:603027) Cyclically Adjusted PB Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:603027 Qianhe Condiment and Food Co Ltd SHSE:603027
84 GF Score
Price ¥7.33
GF Value ¥8.84
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Qianhe Condiment and Food Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Qianhe Condiment and Food Co  (SHSE:603027) 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.


Qianhe Condiment and Food Co Cyclically Adjusted PB Ratio Related Terms


Qianhe Condiment and Food Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Qianhe Condiment and Food 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.

Qianhe Condiment and Food Co Cyclically Adjusted PB Ratio Chart

Qianhe Condiment and Food 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 - 14.84 9.35 5.95 5.51

Qianhe Condiment and Food 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 5.70 5.59 5.76 5.31 3.87

SHSE:603027 vs KHC, GIS: Cyclically Adjusted PB Ratio Comparison

For the Packaged Foods subindustry, Qianhe Condiment and Food 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.


Qianhe Condiment and Food Co Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Qianhe Condiment and Food Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Qianhe Condiment and Food Co's Cyclically Adjusted PB Ratio falls into.


SHSE:603027
84GF Score
Qianhe Condiment and Food Co Ltd SHSE:603027
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Qianhe Condiment and Food 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.

Qianhe Condiment and Food Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Qianhe Condiment and Food 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)
=2.675/116.0564*116.0564
=2.675

Current CPI (Jun. 2026) = 116.0564.

Qianhe Condiment and Food Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.735 102.400 0.833
201612 0.758 102.600 0.857
201703 0.790 103.200 0.888
201706 0.797 103.100 0.897
201709 0.822 104.100 0.916
201712 0.889 104.500 0.987
201803 0.981 105.300 1.081
201806 1.031 104.900 1.141
201809 1.066 106.600 1.161
201812 1.107 106.500 1.206
201903 1.151 107.700 1.240
201906 1.153 107.700 1.242
201909 1.259 109.800 1.331
201912 1.317 111.200 1.375
202003 1.375 112.300 1.421
202006 1.488 110.400 1.564
202009 1.543 111.700 1.603
202012 1.533 111.500 1.596
202103 1.564 112.662 1.611
202106 1.536 111.769 1.595
202109 1.589 112.215 1.643
202112 1.665 113.108 1.708
202203 1.709 114.335 1.735
202206 1.706 114.558 1.728
202209 1.761 115.339 1.772
202212 1.888 115.116 1.903
202303 2.016 115.116 2.032
202306 2.509 114.558 2.542
202309 2.618 115.339 2.634
202312 2.931 114.781 2.964
202403 2.718 115.227 2.738
202406 2.546 114.781 2.574
202409 2.626 115.785 2.632
202412 2.731 114.893 2.759
202503 2.852 115.116 2.875
202506 2.863 114.907 2.892
202509 2.552 115.471 2.565
202512 2.525 115.832 2.530
202603 2.636 116.303 2.630
202606 2.675 116.056 2.675

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 Qianhe Condiment and Food Co (SHSE:603027) Overvalued in 2026?

Based on GuruFocus' analysis, Qianhe Condiment and Food Co stock appears to be undervalued. The current stock price of ¥7.33 is trading 17.1% below its estimated GF Value™ of ¥8.84. GuruFocus considers Qianhe Condiment and Food Co to be Modestly Undervalued.

Key valuation signals for SHSE:603027:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ¥8.84 vs. price of ¥7.33 (17.1% below fair value)
  • GF Score™: 84/100 with 6 warning signs

No single metric tells the full story. See the SHSE:603027 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Qianhe Condiment and Food Co Business Description

Address South China Min Hongjiadu, Dongpo District, Sichuan, Meishan, CHN
Qianhe Condiment and Food Co Ltd manufacture and sells various food additives in China. It provides soy sauce, rice vinegar and wine, onion ginger and cooking wine, and other spices.
84GF Score

Get the complete analysis for SHSE:603027

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

¥7.33
Price
¥8.84
GF Value