Shanghai Highly Group Co (SHSE:900910) Cyclically Adjusted PB Ratio: 3.56 (As of Aug. 11, 2026) — 78% Above Median

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SHSE:900910 Shanghai Highly Group Co Ltd SHSE:900910
47 GF Score
Price $0.64
GF Value $0.40
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Shanghai Highly Group Co Cyclically Adjusted PB Ratio?

Shanghai Highly Group Co SHSE:900910 +0.63% 47 Cyclically Adjusted PB Ratio is 3.56 as of Aug. 11, 2026, which is 78% above its 10-year median of 2.00. GuruFocus rates SHSE:900910 with a GF Score™ of 47/100 and a GF Value™ of $0.40 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,242 Industrial Products companies, Shanghai Highly Group Co ranks worse than 55.4% on this metric.

As of today (2026-08-11), Shanghai Highly Group Co's current share price is $0.64. Shanghai Highly Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $0.18. Shanghai Highly Group Co's Cyclically Adjusted PB Ratio for today is 3.56.

The historical rank and industry rank for Shanghai Highly Group Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:900910' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.95   Med: 2   Max: 4.68
Current: 2.56

During the past years, Shanghai Highly Group Co's highest Cyclically Adjusted PB Ratio was 4.68. The lowest was 0.95. And the median was 2.00.

SHSE:900910's Cyclically Adjusted PB Ratio is ranked worse than
55.4% of 2242 companies
in the Industrial Products industry
Industry Median: 2.19 vs SHSE:900910: 2.56

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.

Shanghai Highly Group Co's adjusted book value per share data for the three months ended in Mar. 2026 was $0.834. 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 $0.18 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shanghai Highly Group Co  (SHSE:900910) 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.


Shanghai Highly Group Co Cyclically Adjusted PB Ratio Related Terms


Shanghai Highly Group Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Shanghai Highly Group 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.

Shanghai Highly Group Co Cyclically Adjusted PB Ratio Chart

Shanghai Highly Group 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 1.70 1.11 1.32 2.30 3.86

Shanghai Highly Group Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2.54 2.12 4.56 3.86 2.90

SHSE:900910 vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Shanghai Highly Group 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.


Shanghai Highly Group Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shanghai Highly Group Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Shanghai Highly Group Co's Cyclically Adjusted PB Ratio falls into.


SHSE:900910
47GF Score
Shanghai Highly Group Co Ltd SHSE:900910
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shanghai Highly Group 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.

Shanghai Highly Group Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.64/0.18
=3.56

* 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.

Shanghai Highly Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Shanghai Highly Group Co's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.834/116.3033*116.3033
=0.834

Current CPI (Mar. 2026) = 116.3033.

Shanghai Highly Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.674 101.400 0.773
201609 0.669 102.400 0.760
201612 0.666 102.600 0.755
201703 0.679 103.200 0.765
201706 0.682 103.100 0.769
201709 0.720 104.100 0.804
201712 0.732 104.500 0.815
201803 0.779 105.300 0.860
201806 0.753 104.900 0.835
201809 0.714 106.600 0.779
201812 0.729 106.500 0.796
201903 0.770 107.700 0.832
201906 0.734 107.700 0.793
201909 0.702 109.800 0.744
201912 0.728 111.200 0.761
202003 0.730 112.300 0.756
202006 0.700 110.400 0.737
202009 0.731 111.700 0.761
202012 0.781 111.500 0.815
202103 0.788 112.662 0.813
202106 0.784 111.769 0.816
202109 0.861 112.215 0.892
202112 0.901 113.108 0.926
202203 0.908 114.335 0.924
202206 0.842 114.558 0.855
202209 0.798 115.339 0.805
202212 0.806 115.116 0.814
202303 0.814 115.116 0.822
202306 0.778 114.558 0.790
202309 0.761 115.339 0.767
202312 0.792 114.781 0.803
202403 0.783 115.227 0.790
202406 0.774 114.781 0.784
202409 0.804 115.785 0.808
202412 0.782 114.893 0.792
202503 0.786 115.116 0.794
202506 0.793 114.907 0.803
202509 0.801 115.471 0.807
202512 0.810 115.832 0.813
202603 0.834 116.303 0.834

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 3.56 mean?
Shanghai Highly Group Co (SHSE:900910) has a Cyclically Adjusted PB Ratio of 3.56 as of Aug. 11, 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 Shanghai Highly Group Co and its competitors. This is 78% above median its historical median of 2.00. Over the past decade, Shanghai Highly Group Co's Cyclically Adjusted PB Ratio has ranged from 0.95 to 4.68. According to the industry distribution chart, Shanghai Highly Group Co ranks #1242 out of 2242 companies in the Industrial Products industry, placing it in the top 55.4%.
Is Shanghai Highly Group Co's Cyclically Adjusted PB Ratio too high?
Shanghai Highly Group Co's current Cyclically Adjusted PB Ratio of 3.56 is 78% above median its 10-year median of 2.00. Over the past 10 years, this metric has ranged from a low of 0.95 to a high of 4.68. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.19. Shanghai Highly Group Co's value of 3.56 is 62.6% above this industry median. Based on the distribution chart, Shanghai Highly Group Co ranks #1242 out of 2242 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Shanghai Highly Group Co has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Highly Group Co's Cyclically Adjusted PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Shanghai Highly Group Co ranks #1242 out of 2242 companies for Cyclically Adjusted PB Ratio. This places Shanghai Highly Group Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.19. Shanghai Highly Group Co's value of 3.56 is 62.6% above this benchmark. Historically, Shanghai Highly Group Co's own Cyclically Adjusted PB Ratio has ranged from 0.95 to 4.68 over the past decade. While the company's 10-year median is 2.00 vs. the industry median of 2.19, Shanghai Highly Group 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 Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.19, based on 2,242 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. Shanghai Highly Group Co's current Cyclically Adjusted PB Ratio of 3.56 is 62.6% 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 Shanghai Highly Group Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Highly Group Co's current Cyclically Adjusted PB Ratio is 3.56, which is 78% above median its own 10-year median of 2.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Highly Group Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Highly Group Co (SHSE:900910) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.40, compared to a current price of $0.64 — trading 60% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.56, which is 78% above median its 10-year median of 2.00 and 62.6% above the Industrial Products industry median of 2.19. Shanghai Highly Group Co's overall GF Score™ is 47/100 with 3 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 Shanghai Highly Group Co (SHSE:900910), the current Cyclically Adjusted PB Ratio is 3.56 as of Aug. 11, 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 Shanghai Highly Group Co (SHSE:900910) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Highly Group Co stock appears to be overvalued. The current stock price of $0.64 is trading 60% above its estimated GF Value™ of $0.40. GuruFocus considers Shanghai Highly Group Co to be Significantly Overvalued.

Key valuation signals for SHSE:900910:

  • Cyclically Adjusted PB Ratio: 3.56 (78% above median its 10-year median of 2.00)
  • GF Value™: $0.40 vs. price of $0.64 (60% above fair value)
  • GF Score™: 47/100 with 3 warning signs
  • Industry Position: 62.6% above the Industrial Products median (#1242 of 2242)

No single metric tells the full story. See the SHSE:900910 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Highly Group Co Business Description

Other Exchanges 600619:China
Address No. 888 Ningqiao Road, Jinqiao Export Processing Zone, Pudong, Shanghai, Shanghai, CHN, 201206
Shanghai Highly Group Co Ltd is a China-based company. It is principally engaged in the research and development, production and sales of compressors and related refrigeration equipment.
47GF Score

Get the complete analysis for SHSE:900910

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

$0.64
Price
$0.40
GF Value