Kehua Holdings Co (SHSE:603161) Cyclically Adjusted PB Ratio: 2.31 (As of Aug. 29, 2026) — 17% Above Median

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SHSE:603161 Kehua Holdings Co Ltd SHSE:603161
74 GF Score
Price ¥15.71
GF Value ¥9.40
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Kehua Holdings Co Cyclically Adjusted PB Ratio?

Kehua Holdings Co SHSE:603161 +0.32% 74 Cyclically Adjusted PB Ratio is 2.31 as of Aug. 29, 2026, which is 17% above its 10-year median of 1.97. GuruFocus rates SHSE:603161 with a GF Score™ of 74/100 and a GF Value™ of ¥9.40 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 2,102 Industrial Products companies, Kehua Holdings Co ranks worse than 53.19% on this metric.

As of today (2026-08-29), Kehua Holdings Co's current share price is ¥15.71. Kehua Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ¥6.80. Kehua Holdings Co's Cyclically Adjusted PB Ratio for today is 2.31.

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

SHSE:603161' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.42   Med: 1.97   Max: 2.47
Current: 2.31

During the past years, Kehua Holdings Co's highest Cyclically Adjusted PB Ratio was 2.47. The lowest was 1.42. And the median was 1.97.

SHSE:603161's Cyclically Adjusted PB Ratio is ranked worse than
53.19% of 2102 companies
in the Industrial Products industry
Industry Median: 2.1 vs SHSE:603161: 2.31

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.

Kehua Holdings Co's adjusted book value per share data for the three months ended in Mar. 2026 was ¥7.863. 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 ¥6.80 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kehua Holdings Co  (SHSE:603161) 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.


Kehua Holdings Co Cyclically Adjusted PB Ratio Related Terms


Kehua Holdings Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kehua Holdings 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.

Kehua Holdings Co Cyclically Adjusted PB Ratio Chart

Kehua Holdings 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 0.00 0.00 0.00 1.68 2.06

Kehua Holdings 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 1.84 2.01 2.02 2.06 2.10

SHSE:603161 vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Kehua Holdings 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.


Kehua Holdings Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

* The bar in red indicates where Kehua Holdings Co's Cyclically Adjusted PB Ratio falls into.


SHSE:603161
74GF Score
Kehua Holdings Co Ltd SHSE:603161
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kehua Holdings 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.

Kehua Holdings Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=15.71/6.80
=2.31

* 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.

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

For example, Kehua Holdings 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)
=7.863/116.3033*116.3033
=7.863

Current CPI (Mar. 2026) = 116.3033.

Kehua Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 3.646 101.400 4.182
201609 0.000 102.400 0.000
201612 3.984 102.600 4.516
201703 0.000 103.200 0.000
201706 4.286 103.100 4.835
201709 3.320 104.100 3.709
201712 3.473 104.500 3.865
201803 6.335 105.300 6.997
201806 6.284 104.900 6.967
201809 6.413 106.600 6.997
201812 6.581 106.500 7.187
201903 6.709 107.700 7.245
201906 6.617 107.700 7.146
201909 6.747 109.800 7.147
201912 6.797 111.200 7.109
202003 6.892 112.300 7.138
202006 6.802 110.400 7.166
202009 6.714 111.700 6.991
202012 6.904 111.500 7.201
202103 7.061 112.662 7.289
202106 6.985 111.769 7.268
202109 7.011 112.215 7.266
202112 6.567 113.108 6.753
202203 6.489 114.335 6.601
202206 6.297 114.558 6.393
202209 6.329 115.339 6.382
202212 6.679 115.116 6.748
202303 6.823 115.116 6.893
202306 7.036 114.558 7.143
202309 7.139 115.339 7.199
202312 7.345 114.781 7.442
202403 7.292 115.227 7.360
202406 7.255 114.781 7.351
202409 7.426 115.785 7.459
202412 7.504 114.893 7.596
202503 7.655 115.116 7.734
202506 7.530 114.907 7.621
202509 7.682 115.471 7.737
202512 7.771 115.832 7.803
202603 7.863 116.303 7.863

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 2.31 mean?
Kehua Holdings Co (SHSE:603161) has a Cyclically Adjusted PB Ratio of 2.31 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 Kehua Holdings Co and its competitors. This is 17% above median its historical median of 1.97. Over the past decade, Kehua Holdings Co's Cyclically Adjusted PB Ratio has ranged from 1.42 to 2.47. According to the industry distribution chart, Kehua Holdings Co ranks #1118 out of 2102 companies in the Industrial Products industry, placing it in the top 53.2%.
Is Kehua Holdings Co's Cyclically Adjusted PB Ratio too high?
Kehua Holdings Co's current Cyclically Adjusted PB Ratio of 2.31 is 17% above median its 10-year median of 1.97. Over the past 10 years, this metric has ranged from a low of 1.42 to a high of 2.47. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.10. Kehua Holdings Co's value of 2.31 is 10% above this industry median. Based on the distribution chart, Kehua Holdings Co ranks #1118 out of 2102 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Kehua Holdings Co has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kehua Holdings Co's Cyclically Adjusted PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Kehua Holdings Co ranks #1118 out of 2102 companies for Cyclically Adjusted PB Ratio. This places Kehua Holdings Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.10. Kehua Holdings Co's value of 2.31 is 10% above this benchmark. Historically, Kehua Holdings Co's own Cyclically Adjusted PB Ratio has ranged from 1.42 to 2.47 over the past decade. While the company's 10-year median is 1.97 vs. the industry median of 2.10, Kehua Holdings 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 2.10, based on 2,102 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. Kehua Holdings Co's current Cyclically Adjusted PB Ratio of 2.31 is 10% 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 Kehua Holdings Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kehua Holdings Co's current Cyclically Adjusted PB Ratio is 2.31, which is 17% above median its own 10-year median of 1.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kehua Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Kehua Holdings Co (SHSE:603161) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥9.40, compared to a current price of ¥15.71 — trading 67.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.31, which is 17% above median its 10-year median of 1.97 and 10% above the Industrial Products industry median of 2.10. Kehua Holdings Co's overall GF Score™ is 74/100 with 8 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 Kehua Holdings Co (SHSE:603161), the current Cyclically Adjusted PB Ratio is 2.31 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 Kehua Holdings Co (SHSE:603161) Overvalued in 2026?

Based on GuruFocus' analysis, Kehua Holdings Co stock appears to be overvalued. The current stock price of ¥15.71 is trading 67.1% above its estimated GF Value™ of ¥9.40. GuruFocus considers Kehua Holdings Co to be Significantly Overvalued.

Key valuation signals for SHSE:603161:

  • Cyclically Adjusted PB Ratio: 2.31 (17% above median its 10-year median of 1.97)
  • GF Value™: ¥9.40 vs. price of ¥15.71 (67.1% above fair value)
  • GF Score™: 74/100 with 8 warning signs
  • Industry Position: 10% above the Industrial Products median (#1118 of 2102)

No single metric tells the full story. See the SHSE:603161 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kehua Holdings Co Business Description

Address No. 99 Zhenqian Street, Kunlun Street, Liyang City, Yongkang, CHN
Kehua Holdings Co Ltd is engaged in developing automobile turbocharger components, hydraulic pump/valve, and machinery fittings. Its products include Turbocharger sub-component, Hydraulic pump/valve, and Construction machinery fittings.
74GF Score

Get the complete analysis for SHSE:603161

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

¥15.71
Price
¥9.40
GF Value