SPTJF (Sinopec Shanghai Petrochemical Co) Cyclically Adjusted PB Ratio: 0.78 (As of Jul. 29, 2026) — 53% Below Median

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SPTJF Sinopec Shanghai Petrochemical Co Ltd SPTJF
44 GF Score
Price $0.12
GF Value $0.15
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Sinopec Shanghai Petrochemical Co Cyclically Adjusted PB Ratio?

Sinopec Shanghai Petrochemical Co SPTJF 44 Cyclically Adjusted PB Ratio is 0.78 as of Jul. 29, 2026, which is 53% below its 10-year median of 1.67. GuruFocus rates SPTJF with a GF Score™ of 44/100 and a GF Value™ of $0.15 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 765 Oil & Gas companies, Sinopec Shanghai Petrochemical Co ranks better than 56.08% on this metric.

As of today (2026-07-29), Sinopec Shanghai Petrochemical Co's current share price is $0.1249. Sinopec Shanghai Petrochemical Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $0.16. Sinopec Shanghai Petrochemical Co's Cyclically Adjusted PB Ratio for today is 0.78.

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

SPTJF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.99   Med: 1.67   Max: 4.38
Current: 1.04

During the past years, Sinopec Shanghai Petrochemical Co's highest Cyclically Adjusted PB Ratio was 4.38. The lowest was 0.99. And the median was 1.67.

SPTJF's Cyclically Adjusted PB Ratio is ranked better than
56.08% of 765 companies
in the Oil & Gas industry
Industry Median: 1.2 vs SPTJF: 1.04

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.

Sinopec Shanghai Petrochemical Co's adjusted book value per share data for the three months ended in Mar. 2026 was $0.324. 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 $0.16 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sinopec Shanghai Petrochemical Co  (OTCPK:SPTJF) 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.


Sinopec Shanghai Petrochemical Co Cyclically Adjusted PB Ratio Related Terms


Sinopec Shanghai Petrochemical Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Sinopec Shanghai Petrochemical 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.

Sinopec Shanghai Petrochemical Co Cyclically Adjusted PB Ratio Chart

Sinopec Shanghai Petrochemical 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 1.82 1.27 1.13 1.17 1.06

Sinopec Shanghai Petrochemical 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 1.27 1.10 1.03 1.06 1.09

SPTJF vs MPC, VLO, PSX: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas Refining & Marketing subindustry, Sinopec Shanghai Petrochemical 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.


Sinopec Shanghai Petrochemical Co Cyclically Adjusted PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Sinopec Shanghai Petrochemical Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


SPTJF
44GF Score
Sinopec Shanghai Petrochemical Co Ltd SPTJF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Sinopec Shanghai Petrochemical 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.

Sinopec Shanghai Petrochemical Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.1249/0.16
=0.78

* 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.

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

For example, Sinopec Shanghai Petrochemical 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)
=0.324/116.3033*116.3033
=0.324

Current CPI (Mar. 2026) = 116.3033.

Sinopec Shanghai Petrochemical Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.308 101.400 0.353
201609 0.319 102.400 0.362
201612 0.331 102.600 0.375
201703 0.359 103.200 0.405
201706 0.335 103.100 0.378
201709 0.369 104.100 0.412
201712 0.396 104.500 0.441
201803 0.440 105.300 0.486
201806 0.409 104.900 0.453
201809 0.401 106.600 0.438
201812 0.408 106.500 0.446
201903 0.427 107.700 0.461
201906 0.386 107.700 0.417
201909 0.381 109.800 0.404
201912 0.394 111.200 0.412
202003 0.377 112.300 0.390
202006 0.351 110.400 0.370
202009 0.379 111.700 0.395
202012 0.413 111.500 0.431
202103 0.432 112.662 0.446
202106 0.424 111.769 0.441
202109 0.432 112.215 0.448
202112 0.439 113.108 0.451
202203 0.447 114.335 0.455
202206 0.398 114.558 0.404
202209 0.359 115.339 0.362
202212 0.348 115.116 0.352
202303 0.351 115.116 0.355
202306 0.327 114.558 0.332
202309 0.324 115.339 0.327
202312 0.322 114.781 0.326
202403 0.324 115.227 0.327
202406 0.320 114.781 0.324
202409 0.327 115.785 0.328
202412 0.322 114.893 0.326
202503 0.325 115.116 0.328
202506 0.321 114.907 0.325
202509 0.323 115.471 0.325
202512 0.312 115.832 0.313
202603 0.324 116.303 0.324

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 0.78 mean?
Sinopec Shanghai Petrochemical Co (SPTJF) has a Cyclically Adjusted PB Ratio of 0.78 as of Jul. 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 Sinopec Shanghai Petrochemical Co and its competitors. This is 53% below median its historical median of 1.67. Over the past decade, Sinopec Shanghai Petrochemical Co's Cyclically Adjusted PB Ratio has ranged from 0.99 to 4.38. According to the industry distribution chart, Sinopec Shanghai Petrochemical Co ranks #336 out of 765 companies in the Oil & Gas industry, placing it in the top 43.9%.
Is Sinopec Shanghai Petrochemical Co's Cyclically Adjusted PB Ratio too high?
Sinopec Shanghai Petrochemical Co's current Cyclically Adjusted PB Ratio of 0.78 is 53% below median its 10-year median of 1.67. Over the past 10 years, this metric has ranged from a low of 0.99 to a high of 4.38. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.20. Sinopec Shanghai Petrochemical Co's value of 0.78 is 35% below this industry median. Based on the distribution chart, Sinopec Shanghai Petrochemical Co ranks #336 out of 765 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Sinopec Shanghai Petrochemical Co has a GF Score™ of 44/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sinopec Shanghai Petrochemical Co's Cyclically Adjusted PB Ratio compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, Sinopec Shanghai Petrochemical Co ranks #336 out of 765 companies for Cyclically Adjusted PB Ratio. This puts Sinopec Shanghai Petrochemical Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.20. Sinopec Shanghai Petrochemical Co's value of 0.78 is 35% below this benchmark. Historically, Sinopec Shanghai Petrochemical Co's own Cyclically Adjusted PB Ratio has ranged from 0.99 to 4.38 over the past decade. While the company's 10-year median is 1.67 vs. the industry median of 1.20, Sinopec Shanghai Petrochemical 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 an Oil & Gas company?
The median Cyclically Adjusted PB Ratio among Oil & Gas companies is 1.20, based on 765 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. Sinopec Shanghai Petrochemical Co's current Cyclically Adjusted PB Ratio of 0.78 is 35% 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 Sinopec Shanghai Petrochemical Co and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PB Ratio is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sinopec Shanghai Petrochemical Co's current Cyclically Adjusted PB Ratio is 0.78, which is 53% below median its own 10-year median of 1.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sinopec Shanghai Petrochemical Co stock overvalued right now?
Based on GuruFocus' analysis, Sinopec Shanghai Petrochemical Co (SPTJF) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.15, compared to a current price of $0.12 — trading 16.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.78, which is 53% below median its 10-year median of 1.67 and 35% below the Oil & Gas industry median of 1.20. Sinopec Shanghai Petrochemical Co's overall GF Score™ is 44/100 with 4 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 Sinopec Shanghai Petrochemical Co (SPTJF), the current Cyclically Adjusted PB Ratio is 0.78 as of Jul. 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 Sinopec Shanghai Petrochemical Co (SPTJF) Overvalued in 2026?

Based on GuruFocus' analysis, Sinopec Shanghai Petrochemical Co stock appears to be undervalued. The current stock price of $0.12 is trading 16.7% below its estimated GF Value™ of $0.15. GuruFocus considers Sinopec Shanghai Petrochemical Co to be Modestly Undervalued.

Key valuation signals for SPTJF:

  • Cyclically Adjusted PB Ratio: 0.78 (53% below median its 10-year median of 1.67)
  • GF Value™: $0.15 vs. price of $0.12 (16.7% below fair value)
  • GF Score™: 44/100 with 4 warning signs
  • Industry Position: 35% below the Oil & Gas median (#336 of 765)

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


Sinopec Shanghai Petrochemical Co Business Description

Industry EnergyOil & Gas
Address No. 48 Jinyi Road, Jinshan District, Shanghai, CHN, 200540
Sinopec Shanghai Petrochemical Co Ltd is an integrated Chinese petrochemical company that mainly produces a broad range of petroleum products and chemical products through crude oil processing. The Group's reportable segments are: Petroleum products, Chemical products, Trading of petrochemical products, and Others. The majority of its revenue is generated from the Petroleum products segment, which is equipped with crude oil refinery facilities used to produce qualified refined gasoline, fuel, diesel oil, heavy oil, and liquefied petroleum gas, and provides raw materials for the Group's downstream petrochemical processing facilities. Geographically, the Group derives maximum revenue from its business in the People's Republic of China (PRC).
44GF Score

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

$0.12
Price
$0.15
GF Value