SWS Hemodialysis Care Co (SHSE:688410) Cyclically Adjusted PB Ratio: 5.23 (As of Sep. 01, 2026) — 15% Below Median

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SHSE:688410 SWS Hemodialysis Care Co Ltd SHSE:688410
84 GF Score
Price ¥10.09
GF Value ¥17.51
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is SWS Hemodialysis Care Co Cyclically Adjusted PB Ratio?

SWS Hemodialysis Care Co SHSE:688410 -3.35% 84 Cyclically Adjusted PB Ratio is 5.23 as of Sep. 01, 2026, which is 15% below its 10-year median of 6.18. GuruFocus rates SHSE:688410 with a GF Score™ of 84/100 and a GF Value™ of ¥17.51 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 514 Medical Devices & Instruments companies, SWS Hemodialysis Care Co ranks worse than 84.63% on this metric.

As of today (2026-09-01), SWS Hemodialysis Care Co's current share price is ¥10.09. SWS Hemodialysis Care Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was ¥1.93. SWS Hemodialysis Care Co's Cyclically Adjusted PB Ratio for today is 5.23.

The historical rank and industry rank for SWS Hemodialysis Care Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:688410' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.52   Med: 6.18   Max: 12.12
Current: 5.22

During the past 12 years, SWS Hemodialysis Care Co's highest Cyclically Adjusted PB Ratio was 12.12. The lowest was 4.52. And the median was 6.18.

SHSE:688410's Cyclically Adjusted PB Ratio is ranked worse than
84.63% of 514 companies
in the Medical Devices & Instruments industry
Industry Median: 1.88 vs SHSE:688410: 5.22

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.

SWS Hemodialysis Care Co's adjusted book value per share data of for the fiscal year that ended in Dec25 was ¥3.976. 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 ¥1.93 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


SWS Hemodialysis Care Co  (SHSE:688410) 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.


SWS Hemodialysis Care Co Cyclically Adjusted PB Ratio Related Terms


SWS Hemodialysis Care Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for SWS Hemodialysis Care 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.

SWS Hemodialysis Care Co Cyclically Adjusted PB Ratio Chart

SWS Hemodialysis Care 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 11.54 5.12 5.53

SWS Hemodialysis Care 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 5.53 0.00 0.00

SHSE:688410 vs ISRG, BDX, RMD: Cyclically Adjusted PB Ratio Comparison

For the Medical Instruments & Supplies subindustry, SWS Hemodialysis Care 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.


SWS Hemodialysis Care Co Cyclically Adjusted PB Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, SWS Hemodialysis Care Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where SWS Hemodialysis Care Co's Cyclically Adjusted PB Ratio falls into.


SHSE:688410
84GF Score
SWS Hemodialysis Care Co Ltd SHSE:688410
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SWS Hemodialysis Care 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.

SWS Hemodialysis Care Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.09/1.93
=5.23

* 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.

SWS Hemodialysis Care Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, SWS Hemodialysis Care 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)
=3.976/115.8323*115.8323
=3.976

Current CPI (Dec25) = 115.8323.

SWS Hemodialysis Care Co Annual Data

Book Value per Share CPI Adj_Book
201612 0.298 102.600 0.336
201712 0.664 104.500 0.736
201812 0.537 106.500 0.584
201912 0.423 111.200 0.441
202012 1.082 111.500 1.124
202112 1.146 113.108 1.174
202212 3.368 115.116 3.389
202312 3.773 114.781 3.808
202412 3.750 114.893 3.781
202512 3.976 115.832 3.976

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 5.23 mean?
SWS Hemodialysis Care Co (SHSE:688410) has a Cyclically Adjusted PB Ratio of 5.23 as of Sep. 01, 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 SWS Hemodialysis Care Co and its competitors. This is 15% below median its historical median of 6.18. Over the past decade, SWS Hemodialysis Care Co's Cyclically Adjusted PB Ratio has ranged from 4.52 to 12.12. According to the industry distribution chart, SWS Hemodialysis Care Co ranks #435 out of 514 companies in the Medical Devices & Instruments industry, placing it in the top 84.6%.
Is SWS Hemodialysis Care Co's Cyclically Adjusted PB Ratio too high?
SWS Hemodialysis Care Co's current Cyclically Adjusted PB Ratio of 5.23 is 15% below median its 10-year median of 6.18. Over the past 10 years, this metric has ranged from a low of 4.52 to a high of 12.12. The Medical Devices & Instruments industry median Cyclically Adjusted PB Ratio is 1.88. SWS Hemodialysis Care Co's value of 5.23 is 178.2% above this industry median. Based on the distribution chart, SWS Hemodialysis Care Co ranks #435 out of 514 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, SWS Hemodialysis Care Co has a GF Score™ of 84/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SWS Hemodialysis Care Co's Cyclically Adjusted PB Ratio compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, SWS Hemodialysis Care Co ranks #435 out of 514 companies for Cyclically Adjusted PB Ratio. This places SWS Hemodialysis Care Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.88. SWS Hemodialysis Care Co's value of 5.23 is 178.2% above this benchmark. Historically, SWS Hemodialysis Care Co's own Cyclically Adjusted PB Ratio has ranged from 4.52 to 12.12 over the past decade. While the company's 10-year median is 6.18 vs. the industry median of 1.88, SWS Hemodialysis Care 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 Medical Devices & Instruments company?
The median Cyclically Adjusted PB Ratio among Medical Devices & Instruments companies is 1.88, based on 514 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. SWS Hemodialysis Care Co's current Cyclically Adjusted PB Ratio of 5.23 is 178.2% 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 SWS Hemodialysis Care Co and its competitors. For the Medical Devices & Instruments industry, the median Cyclically Adjusted PB Ratio is 1.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SWS Hemodialysis Care Co's current Cyclically Adjusted PB Ratio is 5.23, which is 15% below median its own 10-year median of 6.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SWS Hemodialysis Care Co stock overvalued right now?
Based on GuruFocus' analysis, SWS Hemodialysis Care Co (SHSE:688410) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥17.51, compared to a current price of ¥10.09 — trading 42.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 5.23, which is 15% below median its 10-year median of 6.18 and 178.2% above the Medical Devices & Instruments industry median of 1.88. SWS Hemodialysis Care Co's overall GF Score™ is 84/100 with 1 warning sign 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 SWS Hemodialysis Care Co (SHSE:688410), the current Cyclically Adjusted PB Ratio is 5.23 as of Sep. 01, 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 SWS Hemodialysis Care Co (SHSE:688410) Overvalued in 2026?

Based on GuruFocus' analysis, SWS Hemodialysis Care Co stock appears to be undervalued. The current stock price of ¥10.09 is trading 42.4% below its estimated GF Value™ of ¥17.51. GuruFocus considers SWS Hemodialysis Care Co to be Significantly Undervalued.

Key valuation signals for SHSE:688410:

  • Cyclically Adjusted PB Ratio: 5.23 (15% below median its 10-year median of 6.18)
  • GF Value™: ¥17.51 vs. price of ¥10.09 (42.4% below fair value)
  • GF Score™: 84/100 with 1 warning sign
  • Industry Position: 178.2% above the Medical Devices & Instruments median (#435 of 514)

No single metric tells the full story. See the SHSE:688410 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SWS Hemodialysis Care Co Business Description

Address No. 1, Ciji Road, Liangjiang New District, Chongqing, CHN, 401123
SWS Hemodialysis Care Co Ltd along with its subsidiaries is engaged in the field of blood purification. Its focused on patients welfare and ensuring the delivery of safe and effective products and services. The group operates through four segments: Blood Purification Equipment, Blood Purification Consumables, advanced Hemodialysis Management System, and Chain Dialysis centers. The organization is delivering medical solutions for patients with chronic kidney disease (CKD). Its products include Blood Purification Equipment Dialysis, Disposables Dialysis Center, Intelligent Management System, and Chain Dialysis centers. SWS is committed to enhancing patient wellness by prioritizing care through advanced integrated blood purification technologies.
84GF Score

Get the complete analysis for SHSE:688410

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

¥10.09
Price
¥17.51
GF Value