Shanghai Huide Science & Technology Co (SHSE:603192) Cyclically Adjusted PB Ratio: 2.21 (As of Aug. 26, 2026) — Near Median

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SHSE:603192 Shanghai Huide Science & Technology Co Ltd SHSE:603192
76 GF Score
Price ¥20.11
GF Value ¥15.21
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Shanghai Huide Science & Technology Co Cyclically Adjusted PB Ratio?

Shanghai Huide Science & Technology Co SHSE:603192 -0.20% 76 Cyclically Adjusted PB Ratio is 2.21 as of Aug. 26, 2026, which is 9% above its 10-year median of 2.03. GuruFocus rates SHSE:603192 with a GF Score™ of 76/100 and a GF Value™ of ¥15.21 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,126 Chemicals companies, Shanghai Huide Science & Technology Co ranks worse than 59.95% on this metric.

As of today (2026-08-26), Shanghai Huide Science & Technology Co's current share price is ¥20.11. Shanghai Huide Science & Technology Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was ¥9.11. Shanghai Huide Science & Technology Co's Cyclically Adjusted PB Ratio for today is 2.21.

The historical rank and industry rank for Shanghai Huide Science & Technology Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:603192' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.56   Med: 2.03   Max: 3.11
Current: 2.21

During the past 12 years, Shanghai Huide Science & Technology Co's highest Cyclically Adjusted PB Ratio was 3.11. The lowest was 1.56. And the median was 2.03.

SHSE:603192's Cyclically Adjusted PB Ratio is ranked worse than
59.95% of 1126 companies
in the Chemicals industry
Industry Median: 1.66 vs SHSE:603192: 2.21

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 Huide Science & Technology Co's adjusted book value per share data of for the fiscal year that ended in Dec25 was ¥11.314. 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 ¥9.11 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shanghai Huide Science & Technology Co  (SHSE:603192) 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 Huide Science & Technology Co Cyclically Adjusted PB Ratio Related Terms


Shanghai Huide Science & Technology Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Shanghai Huide Science & Technology 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 Huide Science & Technology Co Cyclically Adjusted PB Ratio Chart

Shanghai Huide Science & Technology 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 2.57 1.79 2.88

Shanghai Huide Science & Technology 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 0.00 0.00 0.00 2.88 0.00

SHSE:603192 vs LIN, SHW, ECL: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, Shanghai Huide Science & Technology 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 Huide Science & Technology Co Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shanghai Huide Science & Technology Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Shanghai Huide Science & Technology Co's Cyclically Adjusted PB Ratio falls into.


SHSE:603192
76GF Score
Shanghai Huide Science & Technology Co Ltd SHSE:603192
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shanghai Huide Science & Technology 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 Huide Science & Technology Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=20.11/9.11
=2.21

* 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 Huide Science & Technology Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Shanghai Huide Science & Technology Co's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=11.314/115.8323*115.8323
=11.314

Current CPI (Dec25) = 115.8323.

Shanghai Huide Science & Technology Co Annual Data

Book Value per Share CPI Adj_Book
201612 4.367 102.600 4.930
201712 5.039 104.500 5.585
201812 8.042 106.500 8.747
201912 8.711 111.200 9.074
202012 9.312 111.500 9.674
202112 9.855 113.108 10.092
202212 10.067 115.116 10.130
202312 10.406 114.781 10.501
202412 10.996 114.893 11.086
202512 11.314 115.832 11.314

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 2.21 mean?
Shanghai Huide Science & Technology Co (SHSE:603192) has a Cyclically Adjusted PB Ratio of 2.21 as of Aug. 26, 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 Huide Science & Technology Co and its competitors. This is near median its historical median of 2.03. Over the past decade, Shanghai Huide Science & Technology Co's Cyclically Adjusted PB Ratio has ranged from 1.56 to 3.11. According to the industry distribution chart, Shanghai Huide Science & Technology Co ranks #675 out of 1126 companies in the Chemicals industry, placing it in the top 59.9%.
Is Shanghai Huide Science & Technology Co's Cyclically Adjusted PB Ratio too high?
Shanghai Huide Science & Technology Co's current Cyclically Adjusted PB Ratio of 2.21 is near median its 10-year median of 2.03. Over the past 10 years, this metric has ranged from a low of 1.56 to a high of 3.11. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.66. Shanghai Huide Science & Technology Co's value of 2.21 is 33.1% above this industry median. Based on the distribution chart, Shanghai Huide Science & Technology Co ranks #675 out of 1126 companies in the Chemicals industry, which is below the industry midpoint. Overall, Shanghai Huide Science & Technology Co has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Huide Science & Technology Co's Cyclically Adjusted PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Shanghai Huide Science & Technology Co ranks #675 out of 1126 companies for Cyclically Adjusted PB Ratio. This places Shanghai Huide Science & Technology Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.66. Shanghai Huide Science & Technology Co's value of 2.21 is 33.1% above this benchmark. Historically, Shanghai Huide Science & Technology Co's own Cyclically Adjusted PB Ratio has ranged from 1.56 to 3.11 over the past decade. While the company's 10-year median is 2.03 vs. the industry median of 1.66, Shanghai Huide Science & Technology 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 a Chemicals company?
The median Cyclically Adjusted PB Ratio among Chemicals companies is 1.66, based on 1,126 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 Huide Science & Technology Co's current Cyclically Adjusted PB Ratio of 2.21 is 33.1% 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 Shanghai Huide Science & Technology Co and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Huide Science & Technology Co's current Cyclically Adjusted PB Ratio is 2.21, which is near median its own 10-year median of 2.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Huide Science & Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Huide Science & Technology Co (SHSE:603192) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥15.21, compared to a current price of ¥20.11 — trading 32.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.21, which is near median its 10-year median of 2.03 and 33.1% above the Chemicals industry median of 1.66. Shanghai Huide Science & Technology Co's overall GF Score™ is 76/100 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 Huide Science & Technology Co (SHSE:603192), the current Cyclically Adjusted PB Ratio is 2.21 as of Aug. 26, 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 Huide Science & Technology Co (SHSE:603192) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Huide Science & Technology Co stock appears to be overvalued. The current stock price of ¥20.11 is trading 32.2% above its estimated GF Value™ of ¥15.21. GuruFocus considers Shanghai Huide Science & Technology Co to be Significantly Overvalued.

Key valuation signals for SHSE:603192:

  • Cyclically Adjusted PB Ratio: 2.21 (near median its 10-year median of 2.03)
  • GF Value™: ¥15.21 vs. price of ¥20.11 (32.2% above fair value)
  • GF Score™: 76/100 with 4 warning signs
  • Industry Position: 33.1% above the Chemicals median (#675 of 1126)

No single metric tells the full story. See the SHSE:603192 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Huide Science & Technology Co Business Description

Address 180 Chunhua Road, Jinshanwei Town, Jinshan District, Shanghai, CHN, 201512
Shanghai Huide Science & Technology Co Ltd is a chemical company. The company is engaged in the research and development, production, sales and technical services of polyurethane resin products. Its product offerings include a series of HDW products including Wet, Synthetic, Synthetic Leather, and Polyol.
76GF Score

Get the complete analysis for SHSE:603192

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

¥20.11
Price
¥15.21
GF Value