WCHNF (West China Cement) Cyclically Adjusted PB Ratio: 1.42 (As of Jul. 23, 2026) — 71% Above Median

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WCHNF West China Cement Ltd WCHNF
82 GF Score
Price $0.35
GF Value $0.29
! 8 Warning Signs
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What is West China Cement Cyclically Adjusted PB Ratio?

West China Cement WCHNF 82 Cyclically Adjusted PB Ratio is 1.42 as of Jul. 23, 2026, which is 71% above its 10-year median of 0.83. GuruFocus rates WCHNF with a GF Score™ of 82/100 and a GF Value™ of $0.29. The stock has 8 warning signs investors should review. Among 324 Building Materials companies, West China Cement ranks better than 62.35% on this metric.

As of today (2026-07-23), West China Cement's current share price is $0.3545. West China Cement's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was $0.25. West China Cement's Cyclically Adjusted PB Ratio for today is 1.42.

The historical rank and industry rank for West China Cement's Cyclically Adjusted PB Ratio or its related term are showing as below:

WCHNF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.3   Med: 0.83   Max: 1.74
Current: 0.76

During the past 13 years, West China Cement's highest Cyclically Adjusted PB Ratio was 1.74. The lowest was 0.30. And the median was 0.83.

WCHNF's Cyclically Adjusted PB Ratio is ranked better than
62.35% of 324 companies
in the Building Materials industry
Industry Median: 1.02 vs WCHNF: 0.76

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.

West China Cement's adjusted book value per share data of for the fiscal year that ended in Dec25 was $0.329. 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 $0.25 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


West China Cement  (OTCPK:WCHNF) 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.


West China Cement Cyclically Adjusted PB Ratio Related Terms


West China Cement Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for West China Cement'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.

West China Cement Cyclically Adjusted PB Ratio Chart

West China Cement 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 0.79 0.49 0.35 0.78 1.44

West China Cement Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.35 0.00 0.78 0.00 1.44

WCHNF vs CRH, VMC, MLM: Cyclically Adjusted PB Ratio Comparison

For the Building Materials subindustry, West China Cement'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.


West China Cement Cyclically Adjusted PB Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, West China Cement's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where West China Cement's Cyclically Adjusted PB Ratio falls into.


WCHNF
82GF Score
West China Cement Ltd WCHNF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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West China Cement 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.

West China Cement's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.3545/0.25
=1.42

* 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.

West China Cement's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, West China Cement'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)
=0.329/115.8323*115.8323
=0.329

Current CPI (Dec25) = 115.8323.

West China Cement Annual Data

Book Value per Share CPI Adj_Book
201612 0.156 102.600 0.176
201712 0.184 104.500 0.204
201812 0.201 106.500 0.219
201912 0.237 111.200 0.247
202012 0.290 111.500 0.301
202112 0.327 113.108 0.335
202212 0.317 115.116 0.319
202312 0.316 114.781 0.319
202412 0.308 114.893 0.311
202512 0.329 115.832 0.329

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 1.42 mean?
West China Cement (WCHNF) has a Cyclically Adjusted PB Ratio of 1.42 as of Jul. 23, 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 West China Cement and its competitors. This is 71% above median its historical median of 0.83. Over the past decade, West China Cement's Cyclically Adjusted PB Ratio has ranged from 0.30 to 1.74. According to the industry distribution chart, West China Cement ranks #122 out of 324 companies in the Building Materials industry, placing it in the top 37.7%.
Is West China Cement's Cyclically Adjusted PB Ratio too high?
West China Cement's current Cyclically Adjusted PB Ratio of 1.42 is 71% above median its 10-year median of 0.83. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 1.74. The Building Materials industry median Cyclically Adjusted PB Ratio is 1.02. West China Cement's value of 1.42 is 39.2% above this industry median. Based on the distribution chart, West China Cement ranks #122 out of 324 companies in the Building Materials industry, which is above the industry midpoint. Overall, West China Cement has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does West China Cement's Cyclically Adjusted PB Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, West China Cement ranks #122 out of 324 companies for Cyclically Adjusted PB Ratio. This puts West China Cement in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.02. West China Cement's value of 1.42 is 39.2% above this benchmark. Historically, West China Cement's own Cyclically Adjusted PB Ratio has ranged from 0.30 to 1.74 over the past decade. While the company's 10-year median is 0.83 vs. the industry median of 1.02, West China Cement 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 Building Materials company?
The median Cyclically Adjusted PB Ratio among Building Materials companies is 1.02, based on 324 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. West China Cement's current Cyclically Adjusted PB Ratio of 1.42 is 39.2% 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 West China Cement and its competitors. For the Building Materials industry, the median Cyclically Adjusted PB Ratio is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. West China Cement's current Cyclically Adjusted PB Ratio is 1.42, which is 71% above median its own 10-year median of 0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is West China Cement stock overvalued right now?
West China Cement (WCHNF) has a current Cyclically Adjusted PB Ratio of 1.42. The stock's GF Value™ is $0.29, compared to a current price of $0.35 — trading 22.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.42, which is 71% above median its 10-year median of 0.83 and 39.2% above the Building Materials industry median of 1.02. West China Cement's overall GF Score™ is 82/100 with 8 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 West China Cement (WCHNF), the current Cyclically Adjusted PB Ratio is 1.42 as of Jul. 23, 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 West China Cement (WCHNF) Overvalued in 2026?

Based on GuruFocus' analysis, West China Cement stock appears to be overvalued. The current stock price of $0.35 is trading 22.2% above its estimated GF Value™ of $0.29.

Key valuation signals for WCHNF:

  • Cyclically Adjusted PB Ratio: 1.42 (71% above median its 10-year median of 0.83)
  • GF Value™: $0.29 vs. price of $0.35 (22.2% above fair value)
  • GF Score™: 82/100 with 8 warning signs
  • Industry Position: 39.2% above the Building Materials median (#122 of 324)

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


West China Cement Business Description

Other Exchanges 02233:Hong KongWFG1:Germany
Address No. 336 4th Shenzhou Road, Yaobai R&D Training Center, Aerospace Industrial Base, Chang’an District, Xian, Shaanxi, CHN
West China Cement Ltd is engaged in the manufacturing and sales of cement and cement products in China. The primary use of West China's cement is in the construction of infrastructure projects such as highways, bridges, railways, roads, and residential buildings. It operates in two business segments: The PRC market and Overseas markets. The PRC markets generated the key revenue.
82GF Score

Get the complete analysis for WCHNF

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

$0.35
Price
$0.29
GF Value