Grace Fabric Technology Co (SHSE:603256) Cyclically Adjusted PB Ratio: 91.08 (As of Aug. 31, 2026) — 1481% Above Median

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SHSE:603256 Grace Fabric Technology Co Ltd SHSE:603256
72 GF Score
Price ¥147.55
GF Value ¥21.32
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Grace Fabric Technology Co Cyclically Adjusted PB Ratio?

Grace Fabric Technology Co SHSE:603256 +6.02% 72 Cyclically Adjusted PB Ratio is 91.08 as of Aug. 31, 2026, which is 1481% above its 10-year median of 5.76. GuruFocus rates SHSE:603256 with a GF Score™ of 72/100 and a GF Value™ of ¥21.32 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,095 Chemicals companies, Grace Fabric Technology Co ranks worse than 100% on this metric.

As of today (2026-08-31), Grace Fabric Technology Co's current share price is ¥147.55. Grace Fabric Technology Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was ¥1.62. Grace Fabric Technology Co's Cyclically Adjusted PB Ratio for today is 91.08.

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

SHSE:603256' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.57   Med: 5.76   Max: 85.74
Current: 85.74

During the past 12 years, Grace Fabric Technology Co's highest Cyclically Adjusted PB Ratio was 85.74. The lowest was 3.57. And the median was 5.76.

SHSE:603256's Cyclically Adjusted PB Ratio is ranked worse than
100% of 1095 companies
in the Chemicals industry
Industry Median: 1.69 vs SHSE:603256: 85.74

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.

Grace Fabric Technology Co's adjusted book value per share data of for the fiscal year that ended in Dec25 was ¥1.875. 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 ¥1.62 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Grace Fabric Technology Co  (SHSE:603256) 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.


Grace Fabric Technology Co Cyclically Adjusted PB Ratio Related Terms


Grace Fabric Technology Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Grace Fabric 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.

Grace Fabric Technology Co Cyclically Adjusted PB Ratio Chart

Grace Fabric 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 5.70 5.48 22.68

Grace Fabric 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 0.00 0.00 22.68 0.00 0.00

SHSE:603256 vs LIN, SHW, ECL: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, Grace Fabric 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.


Grace Fabric Technology Co Cyclically Adjusted PB Ratio vs Chemicals Industry

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

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


SHSE:603256
72GF Score
Grace Fabric Technology Co Ltd SHSE:603256
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Grace Fabric 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.

Grace Fabric Technology Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=147.55/1.62
=91.08

* 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.

Grace Fabric Technology Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Grace Fabric 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)
=1.875/115.8323*115.8323
=1.875

Current CPI (Dec25) = 115.8323.

Grace Fabric Technology Co Annual Data

Book Value per Share CPI Adj_Book
201612 1.104 102.600 1.246
201712 1.256 104.500 1.392
201812 1.359 106.500 1.478
201912 1.624 111.200 1.692
202012 1.685 111.500 1.750
202112 1.747 113.108 1.789
202212 1.704 115.116 1.715
202312 1.617 114.781 1.632
202412 1.648 114.893 1.661
202512 1.875 115.832 1.875

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 91.08 mean?
Grace Fabric Technology Co (SHSE:603256) has a Cyclically Adjusted PB Ratio of 91.08 as of Aug. 31, 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 Grace Fabric Technology Co and its competitors. This is 1481% above median its historical median of 5.76. Over the past decade, Grace Fabric Technology Co's Cyclically Adjusted PB Ratio has ranged from 3.57 to 85.74. According to the industry distribution chart, Grace Fabric Technology Co ranks #1095 out of 1095 companies in the Chemicals industry.
Is Grace Fabric Technology Co's Cyclically Adjusted PB Ratio too high?
Grace Fabric Technology Co's current Cyclically Adjusted PB Ratio of 91.08 is 1481% above median its 10-year median of 5.76. Over the past 10 years, this metric has ranged from a low of 3.57 to a high of 85.74. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.69. Grace Fabric Technology Co's value of 91.08 is 5289.3% above this industry median. Based on the distribution chart, Grace Fabric Technology Co ranks #1095 out of 1095 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Grace Fabric Technology Co has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Grace Fabric Technology Co's Cyclically Adjusted PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Grace Fabric Technology Co ranks #1095 out of 1095 companies for Cyclically Adjusted PB Ratio. This places Grace Fabric Technology Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.69. Grace Fabric Technology Co's value of 91.08 is 5289.3% above this benchmark. Historically, Grace Fabric Technology Co's own Cyclically Adjusted PB Ratio has ranged from 3.57 to 85.74 over the past decade. While the company's 10-year median is 5.76 vs. the industry median of 1.69, Grace Fabric 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 1.69, based on 1,095 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. Grace Fabric Technology Co's current Cyclically Adjusted PB Ratio of 91.08 is 5289.3% 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 Grace Fabric Technology Co and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grace Fabric Technology Co's current Cyclically Adjusted PB Ratio is 91.08, which is 1481% above median its own 10-year median of 5.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grace Fabric Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Grace Fabric Technology Co (SHSE:603256) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥21.32, compared to a current price of ¥147.55 — trading 592.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 91.08, which is 1481% above median its 10-year median of 5.76 and 5289.3% above the Chemicals industry median of 1.69. Grace Fabric Technology Co's overall GF Score™ is 72/100 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 Grace Fabric Technology Co (SHSE:603256), the current Cyclically Adjusted PB Ratio is 91.08 as of Aug. 31, 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 Grace Fabric Technology Co (SHSE:603256) Overvalued in 2026?

Based on GuruFocus' analysis, Grace Fabric Technology Co stock appears to be overvalued. The current stock price of ¥147.55 is trading 592.1% above its estimated GF Value™ of ¥21.32. GuruFocus considers Grace Fabric Technology Co to be Significantly Overvalued.

Key valuation signals for SHSE:603256:

  • Cyclically Adjusted PB Ratio: 91.08 (1481% above median its 10-year median of 5.76)
  • GF Value™: ¥21.32 vs. price of ¥147.55 (592.1% above fair value)
  • GF Score™: 72/100 with 4 warning signs
  • Industry Position: 5289.3% above the Chemicals median (#1095 of 1095)

No single metric tells the full story. See the SHSE:603256 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Grace Fabric Technology Co Business Description

Address 123 Xiuyan Road, Kangqiao Industrial Zone, Pudong, Shanghai, CHN, 20315
Grace Fabric Technology Co Ltd is mainly engaged in the research and development, production and sales of electronic grade glass fiber cloth. The company's main products are high-end electronic grade glass fiber cloth products, mainly including ultra-thin, ultra-thin, thin electronic grade fiberglass cloth.
72GF Score

Get the complete analysis for SHSE:603256

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

¥147.55
Price
¥21.32
GF Value