BYDDF (BYD Co) Cyclically Adjusted PB Ratio: 6.78 (As of Jul. 26, 2026) — 29% Below Median

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BYDDF BYD Co Ltd BYDDF
92 GF Score
Price $11.12
GF Value $15.41
Valuation Modestly Undervalued
! 5 Warning Signs
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What is BYD Co Cyclically Adjusted PB Ratio?

BYD Co BYDDF +0.18% 92 Cyclically Adjusted PB Ratio is 6.78 as of Jul. 26, 2026, which is 29% below its 10-year median of 9.56. GuruFocus rates BYDDF with a GF Score™ of 92/100 and a GF Value™ of $15.41 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,027 Vehicles & Parts companies, BYD Co ranks worse than 93.38% on this metric.

As of today (2026-07-26), BYD Co's current share price is $11.12. BYD Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $1.64. BYD Co's Cyclically Adjusted PB Ratio for today is 6.78.

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

BYDDF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.93   Med: 9.56   Max: 18.81
Current: 7.29

During the past years, BYD Co's highest Cyclically Adjusted PB Ratio was 18.81. The lowest was 2.93. And the median was 9.56.

BYDDF's Cyclically Adjusted PB Ratio is ranked worse than
93.38% of 1027 companies
in the Vehicles & Parts industry
Industry Median: 1.26 vs BYDDF: 7.29

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.

BYD Co's adjusted book value per share data for the three months ended in Mar. 2026 was $3.977. 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 $1.64 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


BYD Co  (OTCPK:BYDDF) 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.


BYD Co Cyclically Adjusted PB Ratio Related Terms


BYD Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for BYD 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.

BYD Co Cyclically Adjusted PB Ratio Chart

BYD 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 14.94 12.45 8.13 9.78 8.16

BYD 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 12.24 10.33 9.62 8.16 8.35

BYDDF vs TSLA, GM, F: Cyclically Adjusted PB Ratio Comparison

For the Auto Manufacturers subindustry, BYD 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.


BYD Co Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, BYD Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BYDDF
92GF Score
BYD Co Ltd BYDDF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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BYD 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.12/1.64
=6.78

* 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.

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

For example, BYD 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)
=3.977/121.4731*121.4731
=3.977

Current CPI (Mar. 2026) = 121.4731.

BYD Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.712 101.686 0.851
201609 0.926 102.565 1.097
201612 0.905 103.225 1.065
201703 0.922 103.335 1.084
201706 0.945 103.664 1.107
201709 1.006 103.994 1.175
201712 1.011 104.984 1.170
201803 1.064 105.973 1.220
201806 1.025 106.193 1.172
201809 0.971 106.852 1.104
201812 0.980 107.622 1.106
201903 1.029 108.172 1.156
201906 1.004 109.601 1.113
201909 0.976 110.260 1.075
201912 0.989 110.700 1.085
202003 0.987 110.920 1.081
202006 1.034 110.590 1.136
202009 1.072 107.512 1.211
202012 1.063 109.711 1.177
202103 1.452 111.579 1.581
202106 1.473 111.360 1.607
202109 1.463 109.051 1.630
202112 1.709 112.349 1.848
202203 1.730 113.558 1.851
202206 1.652 113.448 1.769
202209 1.672 113.778 1.785
202212 1.824 114.548 1.934
202303 1.920 115.427 2.021
202306 1.913 115.647 2.009
202309 2.037 116.087 2.132
202312 2.226 117.296 2.305
202403 2.275 117.735 2.347
202406 2.255 117.296 2.335
202409 2.517 118.615 2.578
202412 2.915 118.945 2.977
202503 3.531 119.384 3.593
202506 3.546 119.055 3.618
202509 3.780 119.934 3.829
202512 3.835 120.704 3.859
202603 3.977 121.473 3.977

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 6.78 mean?
BYD Co (BYDDF) has a Cyclically Adjusted PB Ratio of 6.78 as of Jul. 26, 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 BYD Co and its competitors. This is 29% below median its historical median of 9.56. Over the past decade, BYD Co's Cyclically Adjusted PB Ratio has ranged from 2.93 to 18.81. According to the industry distribution chart, BYD Co ranks #959 out of 1027 companies in the Vehicles & Parts industry, placing it in the top 93.4%.
Is BYD Co's Cyclically Adjusted PB Ratio too high?
BYD Co's current Cyclically Adjusted PB Ratio of 6.78 is 29% below median its 10-year median of 9.56. Over the past 10 years, this metric has ranged from a low of 2.93 to a high of 18.81. The Vehicles & Parts industry median Cyclically Adjusted PB Ratio is 1.26. BYD Co's value of 6.78 is 438.1% above this industry median. Based on the distribution chart, BYD Co ranks #959 out of 1027 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, BYD Co has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BYD Co's Cyclically Adjusted PB Ratio compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, BYD Co ranks #959 out of 1027 companies for Cyclically Adjusted PB Ratio. This places BYD Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.26. BYD Co's value of 6.78 is 438.1% above this benchmark. Historically, BYD Co's own Cyclically Adjusted PB Ratio has ranged from 2.93 to 18.81 over the past decade. While the company's 10-year median is 9.56 vs. the industry median of 1.26, BYD 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 Vehicles & Parts company?
The median Cyclically Adjusted PB Ratio among Vehicles & Parts companies is 1.26, based on 1,027 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. BYD Co's current Cyclically Adjusted PB Ratio of 6.78 is 438.1% 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 BYD Co and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PB Ratio is 1.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BYD Co's current Cyclically Adjusted PB Ratio is 6.78, which is 29% below median its own 10-year median of 9.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BYD Co stock overvalued right now?
Based on GuruFocus' analysis, BYD Co (BYDDF) is currently considered Modestly Undervalued. The stock's GF Value™ is $15.41, compared to a current price of $11.12 — trading 27.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 6.78, which is 29% below median its 10-year median of 9.56 and 438.1% above the Vehicles & Parts industry median of 1.26. BYD Co's overall GF Score™ is 92/100 with 5 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 BYD Co (BYDDF), the current Cyclically Adjusted PB Ratio is 6.78 as of Jul. 26, 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 BYD Co (BYDDF) Overvalued in 2026?

Based on GuruFocus' analysis, BYD Co stock appears to be undervalued. The current stock price of $11.12 is trading 27.8% below its estimated GF Value™ of $15.41. GuruFocus considers BYD Co to be Modestly Undervalued.

Key valuation signals for BYDDF:

  • Cyclically Adjusted PB Ratio: 6.78 (29% below median its 10-year median of 9.56)
  • GF Value™: $15.41 vs. price of $11.12 (27.8% below fair value)
  • GF Score™: 92/100 with 5 warning signs
  • Industry Position: 438.1% above the Vehicles & Parts median (#959 of 1027)

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


BYD Co Business Description

Address Unit 505-510, 1 Science Park E Avenue, 5th Floor, Core Building 1E, Pak Shek Kok, Tai Po, HKG
Founded in 1995, BYD is a leading Chinese manufacturer in the design, development, and production of new energy vehicles, or NEVs. In March 2022, the firm discontinued production of internal combustion engine, or ICE, vehicles. Its products primarily target the growing midpriced mass-market segment in China's passenger vehicle market. The company sold about 4.6 million passenger NEVs in 2025, accounting for 30% of the Chinese passenger NEV market. Besides automobile production, the company is also engaged in handset components and assembly services, as well as the rechargeable battery and photovoltaics business. After more than 25 years of development, the company has established over 30 industrial parks worldwide.
92GF Score

Get the complete analysis for BYDDF

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

$11.12
Price
$15.41
GF Value