Xinjiang Hongtong Gas Co (SHSE:605169) Cyclically Adjusted PB Ratio: 2.38 (As of Aug. 30, 2026) — 10% Below Median

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SHSE:605169 Xinjiang Hongtong Gas Co Ltd SHSE:605169
82 GF Score
Price ¥12.21
GF Value ¥13.29
Valuation Fairly Valued
! 6 Warning Signs
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What is Xinjiang Hongtong Gas Co Cyclically Adjusted PB Ratio?

Xinjiang Hongtong Gas Co SHSE:605169 +1.75% 82 Cyclically Adjusted PB Ratio is 2.38 as of Aug. 30, 2026, which is 10% below its 10-year median of 2.65. GuruFocus rates SHSE:605169 with a GF Score™ of 82/100 and a GF Value™ of ¥13.29 (Fairly Valued). The stock has 6 warning signs investors should review. Among 424 Utilities - Regulated companies, Xinjiang Hongtong Gas Co ranks worse than 74.29% on this metric.

As of today (2026-08-30), Xinjiang Hongtong Gas Co's current share price is ¥12.21. Xinjiang Hongtong Gas Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was ¥5.14. Xinjiang Hongtong Gas Co's Cyclically Adjusted PB Ratio for today is 2.38.

The historical rank and industry rank for Xinjiang Hongtong Gas Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:605169' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.38   Med: 2.65   Max: 2.78
Current: 2.38

During the past 10 years, Xinjiang Hongtong Gas Co's highest Cyclically Adjusted PB Ratio was 2.78. The lowest was 2.38. And the median was 2.65.

SHSE:605169's Cyclically Adjusted PB Ratio is ranked worse than
74.29% of 424 companies
in the Utilities - Regulated industry
Industry Median: 1.535 vs SHSE:605169: 2.38

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.

Xinjiang Hongtong Gas Co's adjusted book value per share data of for the fiscal year that ended in Dec25 was ¥7.093. 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 ¥5.14 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Xinjiang Hongtong Gas Co  (SHSE:605169) 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.


Xinjiang Hongtong Gas Co Cyclically Adjusted PB Ratio Related Terms


Xinjiang Hongtong Gas Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Xinjiang Hongtong Gas 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.

Xinjiang Hongtong Gas Co Cyclically Adjusted PB Ratio Chart

Xinjiang Hongtong Gas 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 2.57

Xinjiang Hongtong Gas 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 2.57 0.00 0.00

SHSE:605169 vs ATO, NI: Cyclically Adjusted PB Ratio Comparison

For the Utilities - Regulated Gas subindustry, Xinjiang Hongtong Gas 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.


Xinjiang Hongtong Gas Co Cyclically Adjusted PB Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Xinjiang Hongtong Gas Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Xinjiang Hongtong Gas Co's Cyclically Adjusted PB Ratio falls into.


SHSE:605169
82GF Score
Xinjiang Hongtong Gas Co Ltd SHSE:605169
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Xinjiang Hongtong Gas 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.

Xinjiang Hongtong Gas Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12.21/5.14
=2.38

* 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.

Xinjiang Hongtong Gas Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Xinjiang Hongtong Gas 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)
=7.093/115.8323*115.8323
=7.093

Current CPI (Dec25) = 115.8323.

Xinjiang Hongtong Gas Co Annual Data

Book Value per Share CPI Adj_Book
201612 3.347 102.600 3.779
201712 2.883 104.500 3.196
201812 2.766 106.500 3.008
201912 2.825 111.200 2.943
202012 5.536 111.500 5.751
202112 5.902 113.108 6.044
202212 6.123 115.116 6.161
202312 6.407 114.781 6.466
202412 6.858 114.893 6.914
202512 7.093 115.832 7.093

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 2.38 mean?
Xinjiang Hongtong Gas Co (SHSE:605169) has a Cyclically Adjusted PB Ratio of 2.38 as of Aug. 30, 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 Xinjiang Hongtong Gas Co and its competitors. This is 10% below median its historical median of 2.65. Over the past decade, Xinjiang Hongtong Gas Co's Cyclically Adjusted PB Ratio has ranged from 2.38 to 2.78. According to the industry distribution chart, Xinjiang Hongtong Gas Co ranks #315 out of 424 companies in the Utilities - Regulated industry, placing it in the top 74.3%.
Is Xinjiang Hongtong Gas Co's Cyclically Adjusted PB Ratio too high?
Xinjiang Hongtong Gas Co's current Cyclically Adjusted PB Ratio of 2.38 is 10% below median its 10-year median of 2.65. Over the past 10 years, this metric has ranged from a low of 2.38 to a high of 2.78. The Utilities - Regulated industry median Cyclically Adjusted PB Ratio is 1.54. Xinjiang Hongtong Gas Co's value of 2.38 is 55% above this industry median. Based on the distribution chart, Xinjiang Hongtong Gas Co ranks #315 out of 424 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Xinjiang Hongtong Gas Co has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Xinjiang Hongtong Gas Co's Cyclically Adjusted PB Ratio compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Xinjiang Hongtong Gas Co ranks #315 out of 424 companies for Cyclically Adjusted PB Ratio. This places Xinjiang Hongtong Gas Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.54. Xinjiang Hongtong Gas Co's value of 2.38 is 55% above this benchmark. Historically, Xinjiang Hongtong Gas Co's own Cyclically Adjusted PB Ratio has ranged from 2.38 to 2.78 over the past decade. While the company's 10-year median is 2.65 vs. the industry median of 1.54, Xinjiang Hongtong Gas 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 Utilities - Regulated company?
The median Cyclically Adjusted PB Ratio among Utilities - Regulated companies is 1.54, based on 424 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. Xinjiang Hongtong Gas Co's current Cyclically Adjusted PB Ratio of 2.38 is 55% 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 Xinjiang Hongtong Gas Co and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PB Ratio is 1.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Xinjiang Hongtong Gas Co's current Cyclically Adjusted PB Ratio is 2.38, which is 10% below median its own 10-year median of 2.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xinjiang Hongtong Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Xinjiang Hongtong Gas Co (SHSE:605169) is currently considered Fairly Valued. The stock's GF Value™ is ¥13.29, compared to a current price of ¥12.21 — trading 8.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.38, which is 10% below median its 10-year median of 2.65 and 55% above the Utilities - Regulated industry median of 1.54. Xinjiang Hongtong Gas Co's overall GF Score™ is 82/100 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 Xinjiang Hongtong Gas Co (SHSE:605169), the current Cyclically Adjusted PB Ratio is 2.38 as of Aug. 30, 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 Xinjiang Hongtong Gas Co (SHSE:605169) Overvalued in 2026?

Based on GuruFocus' analysis, Xinjiang Hongtong Gas Co stock appears to be undervalued. The current stock price of ¥12.21 is trading 8.1% below its estimated GF Value™ of ¥13.29. GuruFocus considers Xinjiang Hongtong Gas Co to be Fairly Valued.

Key valuation signals for SHSE:605169:

  • Cyclically Adjusted PB Ratio: 2.38 (10% below median its 10-year median of 2.65)
  • GF Value™: ¥13.29 vs. price of ¥12.21 (8.1% below fair value)
  • GF Score™: 82/100 with 6 warning signs
  • Industry Position: 55% above the Utilities - Regulated median (#315 of 424)

No single metric tells the full story. See the SHSE:605169 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Xinjiang Hongtong Gas Co Business Description

Address Renmin East Road, Korla City, Bazhou, Xinjiang Uygur Autonomous Region, Xinjiang, CHN, 841000
Xinjiang Hongtong Gas Co Ltd is engaged in production, processing, storage, transportation and sales of LNG and CNG, as well as sales of residential, commercial and industrial natural gas.
82GF Score

Get the complete analysis for SHSE:605169

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

¥12.21
Price
¥13.29
GF Value