Shanghai Emperor Of Cleaning Hi-Tech Co (SHSE:603200) Cyclically Adjusted PB Ratio: 8.61 (As of Sep. 02, 2026) — 22% Below Median

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SHSE:603200 Shanghai Emperor Of Cleaning Hi-Tech Co Ltd SHSE:603200
63 GF Score
Price ¥43.16
GF Value ¥28.60
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Shanghai Emperor Of Cleaning Hi-Tech Co Cyclically Adjusted PB Ratio?

Shanghai Emperor Of Cleaning Hi-Tech Co SHSE:603200 +3.70% 63 Cyclically Adjusted PB Ratio is 8.61 as of Sep. 02, 2026, which is 22% below its 10-year median of 11.10. GuruFocus rates SHSE:603200 with a GF Score™ of 63/100 and a GF Value™ of ¥28.60 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,104 Industrial Products companies, Shanghai Emperor Of Cleaning Hi-Tech Co ranks worse than 90.4% on this metric.

As of today (2026-09-02), Shanghai Emperor Of Cleaning Hi-Tech Co's current share price is ¥43.16. Shanghai Emperor Of Cleaning Hi-Tech Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ¥5.01. Shanghai Emperor Of Cleaning Hi-Tech Co's Cyclically Adjusted PB Ratio for today is 8.61.

The historical rank and industry rank for Shanghai Emperor Of Cleaning Hi-Tech Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:603200' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.13   Med: 11.1   Max: 21.97
Current: 8.3

During the past years, Shanghai Emperor Of Cleaning Hi-Tech Co's highest Cyclically Adjusted PB Ratio was 21.97. The lowest was 5.13. And the median was 11.10.

SHSE:603200's Cyclically Adjusted PB Ratio is ranked worse than
90.4% of 2104 companies
in the Industrial Products industry
Industry Median: 2.16 vs SHSE:603200: 8.30

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 Emperor Of Cleaning Hi-Tech Co's adjusted book value per share data for the three months ended in Jun. 2026 was ¥6.188. 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 ¥5.01 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shanghai Emperor Of Cleaning Hi-Tech Co  (SHSE:603200) 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 Emperor Of Cleaning Hi-Tech Co Cyclically Adjusted PB Ratio Related Terms


Shanghai Emperor Of Cleaning Hi-Tech Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Shanghai Emperor Of Cleaning Hi-Tech 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 Emperor Of Cleaning Hi-Tech Co Cyclically Adjusted PB Ratio Chart

Shanghai Emperor Of Cleaning Hi-Tech 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 5.40 14.40

Shanghai Emperor Of Cleaning Hi-Tech 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 9.96 18.80 14.40 11.44 8.65

SHSE:603200 vs VLTO, ZWS, CECO: Cyclically Adjusted PB Ratio Comparison

For the Pollution & Treatment Controls subindustry, Shanghai Emperor Of Cleaning Hi-Tech 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 Emperor Of Cleaning Hi-Tech Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shanghai Emperor Of Cleaning Hi-Tech Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Shanghai Emperor Of Cleaning Hi-Tech Co's Cyclically Adjusted PB Ratio falls into.


SHSE:603200
63GF Score
Shanghai Emperor Of Cleaning Hi-Tech Co Ltd SHSE:603200
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanghai Emperor Of Cleaning Hi-Tech 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 Emperor Of Cleaning Hi-Tech Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=43.16/5.01
=8.61

* 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 Emperor Of Cleaning Hi-Tech Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Shanghai Emperor Of Cleaning Hi-Tech 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)
=6.188/116.0564*116.0564
=6.188

Current CPI (Jun. 2026) = 116.0564.

Shanghai Emperor Of Cleaning Hi-Tech Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.000 102.400 0.000
201612 2.885 102.600 3.263
201703 2.235 103.200 2.513
201706 3.973 103.100 4.472
201709 4.073 104.100 4.541
201712 4.142 104.500 4.600
201803 4.142 105.300 4.565
201806 4.021 104.900 4.449
201809 4.117 106.600 4.482
201812 4.267 106.500 4.650
201903 4.387 107.700 4.727
201906 4.443 107.700 4.788
201909 4.518 109.800 4.775
201912 4.426 111.200 4.619
202003 4.571 112.300 4.724
202006 4.663 110.400 4.902
202009 4.748 111.700 4.933
202012 4.626 111.500 4.815
202103 4.722 112.662 4.864
202106 4.670 111.769 4.849
202109 4.779 112.215 4.943
202112 4.827 113.108 4.953
202203 4.945 114.335 5.019
202206 5.070 114.558 5.136
202209 5.072 115.339 5.104
202212 5.074 115.116 5.115
202303 5.168 115.116 5.210
202306 5.168 114.558 5.236
202309 5.254 115.339 5.287
202312 5.275 114.781 5.334
202403 5.408 115.227 5.447
202406 5.466 114.781 5.527
202409 5.463 115.785 5.476
202412 5.475 114.893 5.530
202503 5.533 115.116 5.578
202506 6.120 114.907 6.181
202509 6.186 115.471 6.217
202512 6.259 115.832 6.271
202603 6.267 116.303 6.254
202606 6.188 116.056 6.188

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 8.61 mean?
Shanghai Emperor Of Cleaning Hi-Tech Co (SHSE:603200) has a Cyclically Adjusted PB Ratio of 8.61 as of Sep. 02, 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 Emperor Of Cleaning Hi-Tech Co and its competitors. This is 22% below median its historical median of 11.10. Over the past decade, Shanghai Emperor Of Cleaning Hi-Tech Co's Cyclically Adjusted PB Ratio has ranged from 5.13 to 21.97. According to the industry distribution chart, Shanghai Emperor Of Cleaning Hi-Tech Co ranks #1902 out of 2104 companies in the Industrial Products industry, placing it in the top 90.4%.
Is Shanghai Emperor Of Cleaning Hi-Tech Co's Cyclically Adjusted PB Ratio too high?
Shanghai Emperor Of Cleaning Hi-Tech Co's current Cyclically Adjusted PB Ratio of 8.61 is 22% below median its 10-year median of 11.10. Over the past 10 years, this metric has ranged from a low of 5.13 to a high of 21.97. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.16. Shanghai Emperor Of Cleaning Hi-Tech Co's value of 8.61 is 298.6% above this industry median. Based on the distribution chart, Shanghai Emperor Of Cleaning Hi-Tech Co ranks #1902 out of 2104 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Shanghai Emperor Of Cleaning Hi-Tech Co has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Emperor Of Cleaning Hi-Tech Co's Cyclically Adjusted PB Ratio compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Shanghai Emperor Of Cleaning Hi-Tech Co ranks #1902 out of 2104 companies for Cyclically Adjusted PB Ratio. This places Shanghai Emperor Of Cleaning Hi-Tech Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.16. Shanghai Emperor Of Cleaning Hi-Tech Co's value of 8.61 is 298.6% above this benchmark. Historically, Shanghai Emperor Of Cleaning Hi-Tech Co's own Cyclically Adjusted PB Ratio has ranged from 5.13 to 21.97 over the past decade. While the company's 10-year median is 11.10 vs. the industry median of 2.16, Shanghai Emperor Of Cleaning Hi-Tech 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 2.16, 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. Shanghai Emperor Of Cleaning Hi-Tech Co's current Cyclically Adjusted PB Ratio of 8.61 is 298.6% 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 Emperor Of Cleaning Hi-Tech 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. Shanghai Emperor Of Cleaning Hi-Tech Co's current Cyclically Adjusted PB Ratio is 8.61, which is 22% below median its own 10-year median of 11.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Emperor Of Cleaning Hi-Tech Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Emperor Of Cleaning Hi-Tech Co (SHSE:603200) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥28.60, compared to a current price of ¥43.16 — trading 50.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 8.61, which is 22% below median its 10-year median of 11.10 and 298.6% above the Industrial Products industry median of 2.16. Shanghai Emperor Of Cleaning Hi-Tech Co's overall GF Score™ is 63/100 with 6 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 Emperor Of Cleaning Hi-Tech Co (SHSE:603200), the current Cyclically Adjusted PB Ratio is 8.61 as of Sep. 02, 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 Emperor Of Cleaning Hi-Tech Co (SHSE:603200) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Emperor Of Cleaning Hi-Tech Co stock appears to be overvalued. The current stock price of ¥43.16 is trading 50.9% above its estimated GF Value™ of ¥28.60. GuruFocus considers Shanghai Emperor Of Cleaning Hi-Tech Co to be Significantly Overvalued.

Key valuation signals for SHSE:603200:

  • Cyclically Adjusted PB Ratio: 8.61 (22% below median its 10-year median of 11.10)
  • GF Value™: ¥28.60 vs. price of ¥43.16 (50.9% above fair value)
  • GF Score™: 63/100 with 6 warning signs
  • Industry Position: 298.6% above the Industrial Products median (#1902 of 2104)

No single metric tells the full story. See the SHSE:603200 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Emperor Of Cleaning Hi-Tech Co Business Description

Address No. 138, Bo Xue Road, Building 6, Jiading District, Shanghai, CHN, 200437
Shanghai Emperor Of Cleaning Hi-Tech Co Ltd is a overall solution service provider for water treatment technology, mainly based on chemical water treatment technology. Its water treatment business includes sales and service of water treatment chemicals, operation management of water treatment systems, sales and installation of dosing equipment, and water handling system integration.
63GF Score

Get the complete analysis for SHSE:603200

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

¥43.16
Price
¥28.60
GF Value