HNA Technology Co (SHSE:900938) Cyclically Adjusted PB Ratio: 0.93 (As of Sep. 13, 2026) — 15% Below Median

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SHSE:900938 HNA Technology Co Ltd SHSE:900938
36 GF Score
Price $0.22
GF Value $0.34
Valuation Possible Value Trap
! 7 Warning Signs
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What is HNA Technology Co Cyclically Adjusted PB Ratio?

HNA Technology Co SHSE:900938 -0.45% 36 Cyclically Adjusted PB Ratio is 0.93 as of Sep. 13, 2026, which is 15% below its 10-year median of 1.09. GuruFocus rates SHSE:900938 with a GF Score™ of 36/100 and a GF Value™ of $0.34 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 698 Transportation companies, HNA Technology Co ranks better than 68.34% on this metric.

As of today (2026-09-13), HNA Technology Co's current share price is $0.223. HNA Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $0.24. HNA Technology Co's Cyclically Adjusted PB Ratio for today is 0.93.

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

SHSE:900938' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.55   Med: 1.09   Max: 21.26
Current: 0.88

During the past years, HNA Technology Co's highest Cyclically Adjusted PB Ratio was 21.26. The lowest was 0.55. And the median was 1.09.

SHSE:900938's Cyclically Adjusted PB Ratio is ranked better than
68.34% of 698 companies
in the Transportation industry
Industry Median: 1.27 vs SHSE:900938: 0.88

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.

HNA Technology Co's adjusted book value per share data for the three months ended in Jun. 2026 was $0.382. 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 $0.24 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


HNA Technology Co  (SHSE:900938) 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.


HNA Technology Co Cyclically Adjusted PB Ratio Related Terms


HNA Technology Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for HNA Technology 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.

HNA Technology Co Cyclically Adjusted PB Ratio Chart

HNA Technology 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 0.98 0.68 0.72 0.70 1.07

HNA Technology 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 0.90 1.25 1.07 1.11 0.84

HNA Technology Co Cyclically Adjusted PB Ratio Competitor Comparison

For the Marine Shipping subindustry, HNA Technology 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.


HNA Technology Co Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, HNA Technology Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where HNA Technology Co's Cyclically Adjusted PB Ratio falls into.


SHSE:900938
36GF Score
HNA Technology Co Ltd SHSE:900938
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HNA Technology 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.

HNA Technology Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.223/0.24
=0.93

* 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.

HNA Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, HNA Technology Co's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.382/116.0564*116.0564
=0.382

Current CPI (Jun. 2026) = 116.0564.

HNA Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.639 102.400 0.724
201612 0.636 102.600 0.719
201703 0.643 103.200 0.723
201706 0.648 103.100 0.729
201709 0.671 104.100 0.748
201712 0.702 104.500 0.780
201803 0.728 105.300 0.802
201806 0.701 104.900 0.776
201809 0.675 106.600 0.735
201812 0.659 106.500 0.718
201903 0.696 107.700 0.750
201906 0.682 107.700 0.735
201909 0.667 109.800 0.705
201912 0.682 111.200 0.712
202003 0.659 112.300 0.681
202006 0.675 110.400 0.710
202009 0.690 111.700 0.717
202012 0.202 111.500 0.210
202103 0.220 112.662 0.227
202106 0.249 111.769 0.259
202109 0.203 112.215 0.210
202112 0.375 113.108 0.385
202203 0.381 114.335 0.387
202206 0.366 114.558 0.371
202209 0.351 115.339 0.353
202212 0.352 115.116 0.355
202303 0.357 115.116 0.360
202306 0.359 114.558 0.364
202309 0.352 115.339 0.354
202312 0.355 114.781 0.359
202403 0.355 115.227 0.358
202406 0.354 114.781 0.358
202409 0.363 115.785 0.364
202412 0.355 114.893 0.359
202503 0.359 115.116 0.362
202506 0.363 114.907 0.367
202509 0.367 115.471 0.369
202512 0.371 115.832 0.372
202603 0.378 116.303 0.377
202606 0.382 116.056 0.382

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 0.93 mean?
HNA Technology Co (SHSE:900938) has a Cyclically Adjusted PB Ratio of 0.93 as of Sep. 13, 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 HNA Technology Co and its competitors. This is 15% below median its historical median of 1.09. Over the past decade, HNA Technology Co's Cyclically Adjusted PB Ratio has ranged from 0.55 to 21.26. According to the industry distribution chart, HNA Technology Co ranks #221 out of 698 companies in the Transportation industry, placing it in the top 31.7%.
Is HNA Technology Co's Cyclically Adjusted PB Ratio too high?
HNA Technology Co's current Cyclically Adjusted PB Ratio of 0.93 is 15% below median its 10-year median of 1.09. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 21.26. The Transportation industry median Cyclically Adjusted PB Ratio is 1.27. HNA Technology Co's value of 0.93 is 26.8% below this industry median. Based on the distribution chart, HNA Technology Co ranks #221 out of 698 companies in the Transportation industry, which is above the industry midpoint. Overall, HNA Technology Co has a GF Score™ of 36/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does HNA Technology Co's Cyclically Adjusted PB Ratio compare to competitors?
According to the Transportation industry distribution chart, HNA Technology Co ranks #221 out of 698 companies for Cyclically Adjusted PB Ratio. This puts HNA Technology Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.27. HNA Technology Co's value of 0.93 is 26.8% below this benchmark. Historically, HNA Technology Co's own Cyclically Adjusted PB Ratio has ranged from 0.55 to 21.26 over the past decade. While the company's 10-year median is 1.09 vs. the industry median of 1.27, HNA Technology Co has consistently been below 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 Transportation company?
The median Cyclically Adjusted PB Ratio among Transportation companies is 1.27, based on 698 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. HNA Technology Co's current Cyclically Adjusted PB Ratio of 0.93 is 26.8% below 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 HNA Technology Co and its competitors. For the Transportation industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HNA Technology Co's current Cyclically Adjusted PB Ratio is 0.93, which is 15% below median its own 10-year median of 1.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HNA Technology Co stock overvalued right now?
Based on GuruFocus' analysis, HNA Technology Co (SHSE:900938) is currently considered Possible Value Trap. The stock's GF Value™ is $0.34, compared to a current price of $0.22 — trading 34.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.93, which is 15% below median its 10-year median of 1.09 and 26.8% below the Transportation industry median of 1.27. HNA Technology Co's overall GF Score™ is 36/100 with 7 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 HNA Technology Co (SHSE:900938), the current Cyclically Adjusted PB Ratio is 0.93 as of Sep. 13, 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 HNA Technology Co (SHSE:900938) Overvalued in 2026?

Based on GuruFocus' analysis, HNA Technology Co stock appears to be undervalued. The current stock price of $0.22 is trading 34.4% below its estimated GF Value™ of $0.34. GuruFocus considers HNA Technology Co to be Possible Value Trap.

Key valuation signals for SHSE:900938:

  • Cyclically Adjusted PB Ratio: 0.93 (15% below median its 10-year median of 1.09)
  • GF Value™: $0.34 vs. price of $0.22 (34.4% below fair value)
  • GF Score™: 36/100 with 7 warning signs
  • Industry Position: 26.8% below the Transportation median (#221 of 698)

No single metric tells the full story. See the SHSE:900938 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HNA Technology Co Business Description

Other Exchanges 600751:China
Address No. 188 Jinmen Avenue, Tianjin Free Trade Zone, Tianjin, Tianjin, CHN, 300204
HNA Technology Co Ltd is a China-based company, the company and its subsidiary's main business activities are: shipping business, and commodity trading business, and the majority of the revenues are generated from the same business line.
36GF Score

Get the complete analysis for SHSE:900938

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

$0.22
Price
$0.34
GF Value