Hoyuan Green Energy Co (SHSE:603185) Cyclically Adjusted PB Ratio: 1.27 (As of Sep. 04, 2026) — 41% Below Median

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SHSE:603185 Hoyuan Green Energy Co Ltd SHSE:603185
80 GF Score
Price ¥15.00
GF Value ¥18.27
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Hoyuan Green Energy Co Cyclically Adjusted PB Ratio?

Hoyuan Green Energy Co SHSE:603185 +1.15% 80 Cyclically Adjusted PB Ratio is 1.27 as of Sep. 04, 2026, which is 41% below its 10-year median of 2.17. GuruFocus rates SHSE:603185 with a GF Score™ of 80/100 and a GF Value™ of ¥18.27 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,104 Industrial Products companies, Hoyuan Green Energy Co ranks better than 67.59% on this metric.

As of today (2026-09-04), Hoyuan Green Energy Co's current share price is ¥15.00. Hoyuan Green Energy Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ¥11.82. Hoyuan Green Energy Co's Cyclically Adjusted PB Ratio for today is 1.27.

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

SHSE:603185' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.27   Med: 2.17   Max: 2.79
Current: 1.27

During the past years, Hoyuan Green Energy Co's highest Cyclically Adjusted PB Ratio was 2.79. The lowest was 1.27. And the median was 2.17.

SHSE:603185's Cyclically Adjusted PB Ratio is ranked better than
67.59% of 2104 companies
in the Industrial Products industry
Industry Median: 2.16 vs SHSE:603185: 1.27

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.

Hoyuan Green Energy Co's adjusted book value per share data for the three months ended in Jun. 2026 was ¥16.545. 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 ¥11.82 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hoyuan Green Energy Co  (SHSE:603185) 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.


Hoyuan Green Energy Co Cyclically Adjusted PB Ratio Related Terms


Hoyuan Green Energy Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Hoyuan Green Energy 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.

Hoyuan Green Energy Co Cyclically Adjusted PB Ratio Chart

Hoyuan Green Energy 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 0.00 2.79

Hoyuan Green Energy 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 0.00 0.00 2.79 2.01 1.41

SHSE:603185 vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Hoyuan Green Energy 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.


Hoyuan Green Energy Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

* The bar in red indicates where Hoyuan Green Energy Co's Cyclically Adjusted PB Ratio falls into.


SHSE:603185
80GF Score
Hoyuan Green Energy Co Ltd SHSE:603185
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hoyuan Green Energy 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.

Hoyuan Green Energy Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=15.00/11.82
=1.27

* 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.

Hoyuan Green Energy Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Hoyuan Green Energy 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)
=16.545/116.0564*116.0564
=16.545

Current CPI (Jun. 2026) = 116.0564.

Hoyuan Green Energy Co Quarterly Data

Book Value per Share CPI Adj_Book
201112 0.670 92.885 0.837
201412 0.823 99.000 0.965
201512 0.856 100.600 0.988
201612 1.011 102.600 1.144
201709 0.000 104.100 0.000
201712 1.425 104.500 1.583
201803 0.000 105.300 0.000
201806 1.663 104.900 1.840
201809 1.364 106.600 1.485
201812 3.438 106.500 3.746
201903 3.532 107.700 3.806
201906 3.606 107.700 3.886
201909 3.732 109.800 3.945
201912 3.807 111.200 3.973
202003 3.912 112.300 4.043
202006 4.362 110.400 4.585
202009 4.789 111.700 4.976
202012 5.581 111.500 5.809
202103 11.471 112.662 11.817
202106 12.190 111.769 12.658
202109 13.243 112.215 13.696
202112 13.820 113.108 14.180
202203 16.261 114.335 16.506
202206 16.912 114.558 17.133
202209 19.633 115.339 19.755
202212 21.834 115.116 22.012
202303 23.068 115.116 23.257
202306 23.577 114.558 23.885
202309 22.410 115.339 22.549
202312 20.804 114.781 21.035
202403 21.462 115.227 21.616
202406 19.830 114.781 20.050
202409 19.074 115.785 19.119
202412 17.502 114.893 17.679
202503 17.384 115.116 17.526
202506 17.040 114.907 17.210
202509 17.718 115.471 17.808
202512 18.100 115.832 18.135
202603 17.276 116.303 17.239
202606 16.545 116.056 16.545

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 1.27 mean?
Hoyuan Green Energy Co (SHSE:603185) has a Cyclically Adjusted PB Ratio of 1.27 as of Sep. 04, 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 Hoyuan Green Energy Co and its competitors. This is 41% below median its historical median of 2.17. Over the past decade, Hoyuan Green Energy Co's Cyclically Adjusted PB Ratio has ranged from 1.27 to 2.79. According to the industry distribution chart, Hoyuan Green Energy Co ranks #682 out of 2104 companies in the Industrial Products industry, placing it in the top 32.4%.
Is Hoyuan Green Energy Co's Cyclically Adjusted PB Ratio too high?
Hoyuan Green Energy Co's current Cyclically Adjusted PB Ratio of 1.27 is 41% below median its 10-year median of 2.17. Over the past 10 years, this metric has ranged from a low of 1.27 to a high of 2.79. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.16. Hoyuan Green Energy Co's value of 1.27 is 41.2% below this industry median. Based on the distribution chart, Hoyuan Green Energy Co ranks #682 out of 2104 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Hoyuan Green Energy Co has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hoyuan Green Energy Co's Cyclically Adjusted PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Hoyuan Green Energy Co ranks #682 out of 2104 companies for Cyclically Adjusted PB Ratio. This puts Hoyuan Green Energy Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.16. Hoyuan Green Energy Co's value of 1.27 is 41.2% below this benchmark. Historically, Hoyuan Green Energy Co's own Cyclically Adjusted PB Ratio has ranged from 1.27 to 2.79 over the past decade. While the company's 10-year median is 2.17 vs. the industry median of 2.16, Hoyuan Green Energy 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.16, based on 2,104 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. Hoyuan Green Energy Co's current Cyclically Adjusted PB Ratio of 1.27 is 41.2% 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 Hoyuan Green Energy Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hoyuan Green Energy Co's current Cyclically Adjusted PB Ratio is 1.27, which is 41% below median its own 10-year median of 2.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hoyuan Green Energy Co stock overvalued right now?
Based on GuruFocus' analysis, Hoyuan Green Energy Co (SHSE:603185) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥18.27, compared to a current price of ¥15.00 — trading 17.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.27, which is 41% below median its 10-year median of 2.17 and 41.2% below the Industrial Products industry median of 2.16. Hoyuan Green Energy Co's overall GF Score™ is 80/100 with 5 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 Hoyuan Green Energy Co (SHSE:603185), the current Cyclically Adjusted PB Ratio is 1.27 as of Sep. 04, 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 Hoyuan Green Energy Co (SHSE:603185) Overvalued in 2026?

Based on GuruFocus' analysis, Hoyuan Green Energy Co stock appears to be undervalued. The current stock price of ¥15.00 is trading 17.9% below its estimated GF Value™ of ¥18.27. GuruFocus considers Hoyuan Green Energy Co to be Modestly Undervalued.

Key valuation signals for SHSE:603185:

  • Cyclically Adjusted PB Ratio: 1.27 (41% below median its 10-year median of 2.17)
  • GF Value™: ¥18.27 vs. price of ¥15.00 (17.9% below fair value)
  • GF Score™: 80/100 with 5 warning signs
  • Industry Position: 41.2% below the Industrial Products median (#682 of 2104)

No single metric tells the full story. See the SHSE:603185 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hoyuan Green Energy Co Business Description

Address No.158, Nanhu Middle Road, Xuelang Street, Binhu District, Jiangsu Province, Wuxi, CHN, 214128
Hoyuan Green Energy Co Ltd is engaged in R&D, production and sales of precision machine tools.
80GF Score

Get the complete analysis for SHSE:603185

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

¥15.00
Price
¥18.27
GF Value