Guangdong Huate Gas Co (SHSE:688268) Cyclically Adjusted PB Ratio: 12.73 (As of Aug. 29, 2026) — 134% Above Median

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SHSE:688268 Guangdong Huate Gas Co Ltd SHSE:688268
75 GF Score
Price ¥144.20
GF Value ¥63.77
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Guangdong Huate Gas Co Cyclically Adjusted PB Ratio?

Guangdong Huate Gas Co SHSE:688268 -2.75% 75 Cyclically Adjusted PB Ratio is 12.73 as of Aug. 29, 2026, which is 134% above its 10-year median of 5.45. GuruFocus rates SHSE:688268 with a GF Score™ of 75/100 and a GF Value™ of ¥63.77 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,098 Chemicals companies, Guangdong Huate Gas Co ranks worse than 96.45% on this metric.

As of today (2026-08-29), Guangdong Huate Gas Co's current share price is ¥144.20. Guangdong Huate Gas Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was ¥11.33. Guangdong Huate Gas Co's Cyclically Adjusted PB Ratio for today is 12.73.

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

SHSE:688268' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.24   Med: 5.45   Max: 12.73
Current: 12.73

During the past 12 years, Guangdong Huate Gas Co's highest Cyclically Adjusted PB Ratio was 12.73. The lowest was 4.24. And the median was 5.45.

SHSE:688268's Cyclically Adjusted PB Ratio is ranked worse than
96.45% of 1098 companies
in the Chemicals industry
Industry Median: 1.655 vs SHSE:688268: 12.73

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.

Guangdong Huate Gas Co's adjusted book value per share data of for the fiscal year that ended in Dec25 was ¥16.732. 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 ¥11.33 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Guangdong Huate Gas Co  (SHSE:688268) 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.


Guangdong Huate Gas Co Cyclically Adjusted PB Ratio Related Terms


Guangdong Huate Gas Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Guangdong Huate 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.

Guangdong Huate Gas Co Cyclically Adjusted PB Ratio Chart

Guangdong Huate 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 7.50 4.54 5.07

Guangdong Huate 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 5.07 0.00 0.00

SHSE:688268 vs LIN, SHW, ECL: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, Guangdong Huate 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.


Guangdong Huate Gas Co Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Guangdong Huate Gas Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


SHSE:688268
75GF Score
Guangdong Huate Gas Co Ltd SHSE:688268
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Guangdong Huate 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.

Guangdong Huate Gas Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=144.20/11.33
=12.73

* 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.

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

For example, Guangdong Huate 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)
=16.732/115.8323*115.8323
=16.732

Current CPI (Dec25) = 115.8323.

Guangdong Huate Gas Co Annual Data

Book Value per Share CPI Adj_Book
201612 5.203 102.600 5.874
201712 5.579 104.500 6.184
201812 6.205 106.500 6.749
201912 9.963 111.200 10.378
202012 10.609 111.500 11.021
202112 11.517 113.108 11.794
202212 12.824 115.116 12.904
202312 15.146 114.781 15.285
202412 16.197 114.893 16.329
202512 16.732 115.832 16.732

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 12.73 mean?
Guangdong Huate Gas Co (SHSE:688268) has a Cyclically Adjusted PB Ratio of 12.73 as of Aug. 29, 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 Guangdong Huate Gas Co and its competitors. This is 134% above median its historical median of 5.45. Over the past decade, Guangdong Huate Gas Co's Cyclically Adjusted PB Ratio has ranged from 4.24 to 12.73. According to the industry distribution chart, Guangdong Huate Gas Co ranks #1059 out of 1098 companies in the Chemicals industry, placing it in the top 96.4%.
Is Guangdong Huate Gas Co's Cyclically Adjusted PB Ratio too high?
Guangdong Huate Gas Co's current Cyclically Adjusted PB Ratio of 12.73 is 134% above median its 10-year median of 5.45. Over the past 10 years, this metric has ranged from a low of 4.24 to a high of 12.73. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.66. Guangdong Huate Gas Co's value of 12.73 is 669.2% above this industry median. Based on the distribution chart, Guangdong Huate Gas Co ranks #1059 out of 1098 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Guangdong Huate Gas Co has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Guangdong Huate Gas Co's Cyclically Adjusted PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Guangdong Huate Gas Co ranks #1059 out of 1098 companies for Cyclically Adjusted PB Ratio. This places Guangdong Huate Gas Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.66. Guangdong Huate Gas Co's value of 12.73 is 669.2% above this benchmark. Historically, Guangdong Huate Gas Co's own Cyclically Adjusted PB Ratio has ranged from 4.24 to 12.73 over the past decade. While the company's 10-year median is 5.45 vs. the industry median of 1.66, Guangdong Huate 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 a Chemicals company?
The median Cyclically Adjusted PB Ratio among Chemicals companies is 1.66, based on 1,098 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. Guangdong Huate Gas Co's current Cyclically Adjusted PB Ratio of 12.73 is 669.2% 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 Guangdong Huate Gas 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. Guangdong Huate Gas Co's current Cyclically Adjusted PB Ratio is 12.73, which is 134% above median its own 10-year median of 5.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guangdong Huate Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Guangdong Huate Gas Co (SHSE:688268) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥63.77, compared to a current price of ¥144.20 — trading 126.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 12.73, which is 134% above median its 10-year median of 5.45 and 669.2% above the Chemicals industry median of 1.66. Guangdong Huate Gas Co's overall GF Score™ is 75/100 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 Guangdong Huate Gas Co (SHSE:688268), the current Cyclically Adjusted PB Ratio is 12.73 as of Aug. 29, 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 Guangdong Huate Gas Co (SHSE:688268) Overvalued in 2026?

Based on GuruFocus' analysis, Guangdong Huate Gas Co stock appears to be overvalued. The current stock price of ¥144.20 is trading 126.1% above its estimated GF Value™ of ¥63.77. GuruFocus considers Guangdong Huate Gas Co to be Significantly Overvalued.

Key valuation signals for SHSE:688268:

  • Cyclically Adjusted PB Ratio: 12.73 (134% above median its 10-year median of 5.45)
  • GF Value™: ¥63.77 vs. price of ¥144.20 (126.1% above fair value)
  • GF Score™: 75/100 with 5 warning signs
  • Industry Position: 669.2% above the Chemicals median (#1059 of 1098)

No single metric tells the full story. See the SHSE:688268 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Guangdong Huate Gas Co Business Description

Address Jinfeng Road, Heshunfeng West Village, Nanhai District, Guangdong Province, East of Wentouling, Lishui Town, Foshan, CHN
Guangdong Huate Gas Co Ltd is engaged in research, development and production of gas and gas equipment, covering industrial gases, electronic gases, electric light gases, ultra-high pure gases, calibration gases, laser gases, medical gases, and food grade gases. Its equipments include LGC, vaporizer, LNG emergency skids, and installation of equipment for the application of ultra high pure gases and industrial gases.
75GF Score

Get the complete analysis for SHSE:688268

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

¥144.20
Price
¥63.77
GF Value