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Jiangsu HHCK Advanced Materials CoSHSE:688535 -3.96%78 Cyclically Adjusted PB Ratio is 20.36 as of Sep. 04, 2026, which is 11% above its 10-year median of 18.31. GuruFocus rates SHSE:688535 with a GF Score™ of 78/100 and a GF Value™ of ¥120.84 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 725 Semiconductors companies, Jiangsu HHCK Advanced Materials Co ranks worse than 93.79% on this metric.
The historical rank and industry rank for Jiangsu HHCK Advanced Materials Co's Cyclically Adjusted PB Ratio or its related term are showing as below:
SHSE:688535'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 15.87 Med: 18.31 Max: 26.65
Current: 21.65
During the past 13 years, Jiangsu HHCK Advanced Materials Co's highest Cyclically Adjusted PB Ratio was 26.65. The lowest was 15.87. And the median was 18.31.
SHSE:688535's Cyclically Adjusted PB Ratio is ranked worse than 93.79% of 725
companies
in the Semiconductors industry
Industry Median: 3.18
vs SHSE:688535: 21.65
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.
Jiangsu HHCK Advanced Materials Co's adjusted book value per share data of for the fiscal year that ended in Dec25 was ¥15.297. 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 ¥4.64 for the trailing ten years ended in Dec25.
Shiller PE for Stocks: The True Measure of Stock Valuation
Jiangsu HHCK Advanced Materials Co (SHSE:688535) 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.
Jiangsu HHCK Advanced Materials Co Cyclically Adjusted PB Ratio Related Terms
Jiangsu HHCK Advanced Materials Co Cyclically Adjusted PB Ratio Historical Data
* 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.
Jiangsu HHCK Advanced Materials Co Cyclically Adjusted PB Ratio Chart
SHSE:688535 vs LRCX, AMAT, KLAC: Cyclically Adjusted PB Ratio Comparison
For the Semiconductor Equipment & Materials subindustry, Jiangsu HHCK Advanced Materials 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.
Jiangsu HHCK Advanced Materials Co Cyclically Adjusted PB Ratio vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Jiangsu HHCK Advanced Materials Co's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Jiangsu HHCK Advanced Materials Co's Cyclically Adjusted PB Ratio falls into.
Jiangsu HHCK Advanced Materials 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.
* 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.
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 20.36 mean?
Jiangsu HHCK Advanced Materials Co (SHSE:688535) has a Cyclically Adjusted PB Ratio of 20.36 as of Sep. 04, 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 Jiangsu HHCK Advanced Materials Co and its competitors. This is 11% above median its historical median of 18.31. Over the past decade, Jiangsu HHCK Advanced Materials Co's Cyclically Adjusted PB Ratio has ranged from 15.87 to 26.65. According to the industry distribution chart, Jiangsu HHCK Advanced Materials Co ranks #680 out of 725 companies in the Semiconductors industry, placing it in the top 93.8%.
Is Jiangsu HHCK Advanced Materials Co's Cyclically Adjusted PB Ratio too high?
Jiangsu HHCK Advanced Materials Co's current Cyclically Adjusted PB Ratio of 20.36 is 11% above median its 10-year median of 18.31. Over the past 10 years, this metric has ranged from a low of 15.87 to a high of 26.65. The Semiconductors industry median Cyclically Adjusted PB Ratio is 3.18. Jiangsu HHCK Advanced Materials Co's value of 20.36 is 540.3% above this industry median. Based on the distribution chart, Jiangsu HHCK Advanced Materials Co ranks #680 out of 725 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Jiangsu HHCK Advanced Materials Co has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu HHCK Advanced Materials Co's Cyclically Adjusted PB Ratio compare to LRCX and AMAT?
According to the Semiconductors industry distribution chart, Jiangsu HHCK Advanced Materials Co ranks #680 out of 725 companies for Cyclically Adjusted PB Ratio. This places Jiangsu HHCK Advanced Materials Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 3.18. Jiangsu HHCK Advanced Materials Co's value of 20.36 is 540.3% above this benchmark. Historically, Jiangsu HHCK Advanced Materials Co's own Cyclically Adjusted PB Ratio has ranged from 15.87 to 26.65 over the past decade. While the company's 10-year median is 18.31 vs. the industry median of 3.18, Jiangsu HHCK Advanced Materials 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 Semiconductors company?
The median Cyclically Adjusted PB Ratio among Semiconductors companies is 3.18, based on 725 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. Jiangsu HHCK Advanced Materials Co's current Cyclically Adjusted PB Ratio of 20.36 is 540.3% 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 Jiangsu HHCK Advanced Materials Co and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PB Ratio is 3.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangsu HHCK Advanced Materials Co's current Cyclically Adjusted PB Ratio is 20.36, which is 11% above median its own 10-year median of 18.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu HHCK Advanced Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu HHCK Advanced Materials Co (SHSE:688535) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥120.84, compared to a current price of ¥94.48 — trading 21.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 20.36, which is 11% above median its 10-year median of 18.31 and 540.3% above the Semiconductors industry median of 3.18. Jiangsu HHCK Advanced Materials Co's overall GF Score™ is 78/100 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 Jiangsu HHCK Advanced Materials Co (SHSE:688535), the current Cyclically Adjusted PB Ratio is 20.36 as of Sep. 04, 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 Jiangsu HHCK Advanced Materials Co (SHSE:688535) Overvalued in 2026?
Based on GuruFocus' analysis, Jiangsu HHCK Advanced Materials Co stock appears to be undervalued.
The current stock price of ¥94.48 is trading 21.8% below its estimated GF Value™ of ¥120.84.
GuruFocus considers Jiangsu HHCK Advanced Materials Co to be Modestly Undervalued.
Key valuation signals for SHSE:688535:
Cyclically Adjusted PB Ratio: 20.36 (11% above median its 10-year median of 18.31)
GF Value™: ¥120.84 vs. price of ¥94.48 (21.8% below fair value)
Industry Position: 540.3% above the Semiconductors median (#680 of 725)
No single metric tells the full story. See the SHSE:688535 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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