Vohringer Home Technology Co (SHSE:603226) Cyclically Adjusted PB Ratio: 14.08 (As of Sep. 10, 2026) — 27% Above Median

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SHSE:603226 Vohringer Home Technology Co Ltd SHSE:603226
46 GF Score
Price ¥36.19
GF Value ¥5.53
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Vohringer Home Technology Co Cyclically Adjusted PB Ratio?

Vohringer Home Technology Co SHSE:603226 +3.43% 46 Cyclically Adjusted PB Ratio is 14.08 as of Sep. 10, 2026, which is 27% above its 10-year median of 11.13. GuruFocus rates SHSE:603226 with a GF Score™ of 46/100 and a GF Value™ of ¥5.53 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 308 Furnishings, Fixtures & Appliances companies, Vohringer Home Technology Co ranks worse than 96.43% on this metric.

As of today (2026-09-10), Vohringer Home Technology Co's current share price is ¥36.19. Vohringer Home Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ¥2.57. Vohringer Home Technology Co's Cyclically Adjusted PB Ratio for today is 14.08.

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

SHSE:603226' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.43   Med: 11.13   Max: 22.02
Current: 14.06

During the past years, Vohringer Home Technology Co's highest Cyclically Adjusted PB Ratio was 22.02. The lowest was 1.43. And the median was 11.13.

SHSE:603226's Cyclically Adjusted PB Ratio is ranked worse than
96.43% of 308 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.135 vs SHSE:603226: 14.06

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.

Vohringer Home Technology Co's adjusted book value per share data for the three months ended in Jun. 2026 was ¥2.331. 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 ¥2.57 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vohringer Home Technology Co  (SHSE:603226) 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.


Vohringer Home Technology Co Cyclically Adjusted PB Ratio Related Terms


Vohringer Home Technology Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Vohringer Home 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.

Vohringer Home Technology Co Cyclically Adjusted PB Ratio Chart

Vohringer Home 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 0.00 1.98 12.25

Vohringer Home Technology 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 5.39 15.22 12.25 13.82 20.79

SHSE:603226 vs SN, SGI, MHK: Cyclically Adjusted PB Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, Vohringer Home 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.


Vohringer Home Technology Co Cyclically Adjusted PB Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Vohringer Home Technology Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Vohringer Home Technology Co's Cyclically Adjusted PB Ratio falls into.


SHSE:603226
46GF Score
Vohringer Home Technology Co Ltd SHSE:603226
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Vohringer Home 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.

Vohringer Home Technology Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=36.19/2.57
=14.08

* 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.

Vohringer Home Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Vohringer Home Technology 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)
=2.331/116.0564*116.0564
=2.331

Current CPI (Jun. 2026) = 116.0564.

Vohringer Home Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.000 102.400 0.000
201612 1.235 102.600 1.397
201703 0.948 103.200 1.066
201706 2.021 103.100 2.275
201709 1.990 104.100 2.219
201712 2.052 104.500 2.279
201803 2.108 105.300 2.323
201806 2.113 104.900 2.338
201809 2.219 106.600 2.416
201812 2.323 106.500 2.531
201903 2.392 107.700 2.578
201906 2.346 107.700 2.528
201909 2.461 109.800 2.601
201912 2.590 111.200 2.703
202003 2.548 112.300 2.633
202006 2.609 110.400 2.743
202009 2.680 111.700 2.785
202012 2.813 111.500 2.928
202103 2.831 112.662 2.916
202106 2.816 111.769 2.924
202109 2.881 112.215 2.980
202112 2.813 113.108 2.886
202203 2.794 114.335 2.836
202206 2.778 114.558 2.814
202209 2.789 115.339 2.806
202212 2.821 115.116 2.844
202303 2.784 115.116 2.807
202306 2.779 114.558 2.815
202309 2.755 115.339 2.772
202312 2.765 114.781 2.796
202403 2.735 115.227 2.755
202406 2.726 114.781 2.756
202409 2.699 115.785 2.705
202412 2.658 114.893 2.685
202503 2.615 115.116 2.636
202506 2.578 114.907 2.604
202509 2.556 115.471 2.569
202512 2.436 115.832 2.441
202603 2.396 116.303 2.391
202606 2.331 116.056 2.331

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 14.08 mean?
Vohringer Home Technology Co (SHSE:603226) has a Cyclically Adjusted PB Ratio of 14.08 as of Sep. 10, 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 Vohringer Home Technology Co and its competitors. This is 27% above median its historical median of 11.13. Over the past decade, Vohringer Home Technology Co's Cyclically Adjusted PB Ratio has ranged from 1.43 to 22.02. According to the industry distribution chart, Vohringer Home Technology Co ranks #297 out of 308 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 96.4%.
Is Vohringer Home Technology Co's Cyclically Adjusted PB Ratio too high?
Vohringer Home Technology Co's current Cyclically Adjusted PB Ratio of 14.08 is 27% above median its 10-year median of 11.13. Over the past 10 years, this metric has ranged from a low of 1.43 to a high of 22.02. The Furnishings, Fixtures & Appliances industry median Cyclically Adjusted PB Ratio is 1.14. Vohringer Home Technology Co's value of 14.08 is 1140.5% above this industry median. Based on the distribution chart, Vohringer Home Technology Co ranks #297 out of 308 companies in the Furnishings, Fixtures & Appliances industry, which is in the bottom quartile relative to peers. Overall, Vohringer Home Technology Co has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vohringer Home Technology Co's Cyclically Adjusted PB Ratio compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Vohringer Home Technology Co ranks #297 out of 308 companies for Cyclically Adjusted PB Ratio. This places Vohringer Home Technology Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.14. Vohringer Home Technology Co's value of 14.08 is 1140.5% above this benchmark. Historically, Vohringer Home Technology Co's own Cyclically Adjusted PB Ratio has ranged from 1.43 to 22.02 over the past decade. While the company's 10-year median is 11.13 vs. the industry median of 1.14, Vohringer Home 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 Furnishings, Fixtures & Appliances company?
The median Cyclically Adjusted PB Ratio among Furnishings, Fixtures & Appliances companies is 1.14, based on 308 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. Vohringer Home Technology Co's current Cyclically Adjusted PB Ratio of 14.08 is 1140.5% 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 Vohringer Home Technology Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Cyclically Adjusted PB Ratio is 1.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vohringer Home Technology Co's current Cyclically Adjusted PB Ratio is 14.08, which is 27% above median its own 10-year median of 11.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vohringer Home Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Vohringer Home Technology Co (SHSE:603226) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥5.53, compared to a current price of ¥36.19 — trading 554.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 14.08, which is 27% above median its 10-year median of 11.13 and 1140.5% above the Furnishings, Fixtures & Appliances industry median of 1.14. Vohringer Home Technology Co's overall GF Score™ is 46/100 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 Vohringer Home Technology Co (SHSE:603226), the current Cyclically Adjusted PB Ratio is 14.08 as of Sep. 10, 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 Vohringer Home Technology Co (SHSE:603226) Overvalued in 2026?

Based on GuruFocus' analysis, Vohringer Home Technology Co stock appears to be overvalued. The current stock price of ¥36.19 is trading 554.4% above its estimated GF Value™ of ¥5.53. GuruFocus considers Vohringer Home Technology Co to be Significantly Overvalued.

Key valuation signals for SHSE:603226:

  • Cyclically Adjusted PB Ratio: 14.08 (27% above median its 10-year median of 11.13)
  • GF Value™: ¥5.53 vs. price of ¥36.19 (554.4% above fair value)
  • GF Score™: 46/100 with 5 warning signs
  • Industry Position: 1140.5% above the Furnishings, Fixtures & Appliances median (#297 of 308)

No single metric tells the full story. See the SHSE:603226 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vohringer Home Technology Co Business Description

Address 7001 Linhai Road, Qingcun Township, Fengxian District, Shanghai, CHN, 201414
Vohringer Home Technology Co Ltd, formerly Shanghai Vohringer Wood Product Co Ltd is engaged in the development and sale of wood flooring and wood custom furniture for the whole house. The company's main products include laminate flooring, multi-layer parquet, three-layer solid wood flooring, pure wooden floors.
46GF Score

Get the complete analysis for SHSE:603226

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

¥36.19
Price
¥5.53
GF Value