CSPCY (CSPC Pharmaceutical Group) Cyclically Adjusted PB Ratio: 3.68 (As of Jul. 19, 2026) — 32% Below Median

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CSPCY CSPC Pharmaceutical Group Ltd CSPCY
74 GF Score
Price $4.09
GF Value $3.39
Valuation Modestly Overvalued
! 4 Warning Signs
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What is CSPC Pharmaceutical Group Cyclically Adjusted PB Ratio?

CSPC Pharmaceutical Group CSPCY +1.24% 74 Cyclically Adjusted PB Ratio is 3.68 as of Jul. 19, 2026, which is 32% below its 10-year median of 5.38. GuruFocus rates CSPCY with a GF Score™ of 74/100 and a GF Value™ of $3.39 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 758 Drug Manufacturers companies, CSPC Pharmaceutical Group ranks worse than 73.48% on this metric.

As of today (2026-07-19), CSPC Pharmaceutical Group's current share price is $4.09. CSPC Pharmaceutical Group's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was $1.11. CSPC Pharmaceutical Group's Cyclically Adjusted PB Ratio for today is 3.68.

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

CSPCY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.26   Med: 5.38   Max: 8.06
Current: 3.73

During the past years, CSPC Pharmaceutical Group's highest Cyclically Adjusted PB Ratio was 8.06. The lowest was 2.26. And the median was 5.38.

CSPCY's Cyclically Adjusted PB Ratio is ranked worse than
73.48% of 758 companies
in the Drug Manufacturers industry
Industry Median: 1.855 vs CSPCY: 3.73

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.

CSPC Pharmaceutical Group's adjusted book value per share data for the three months ended in Dec. 2025 was $1.652. 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 $1.11 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


CSPC Pharmaceutical Group  (OTCPK:CSPCY) 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.


CSPC Pharmaceutical Group Cyclically Adjusted PB Ratio Related Terms


CSPC Pharmaceutical Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for CSPC Pharmaceutical Group'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.

CSPC Pharmaceutical Group Cyclically Adjusted PB Ratio Chart

CSPC Pharmaceutical Group 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 5.85 5.27 4.24 2.46 3.88

CSPC Pharmaceutical Group Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 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 0.00 3.77 0.00 3.88 0.00

CSPCY vs LLY, JNJ, ABBV: Cyclically Adjusted PB Ratio Comparison

For the Drug Manufacturers - General subindustry, CSPC Pharmaceutical Group'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.


CSPC Pharmaceutical Group Cyclically Adjusted PB Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, CSPC Pharmaceutical Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where CSPC Pharmaceutical Group's Cyclically Adjusted PB Ratio falls into.


CSPCY
74GF Score
CSPC Pharmaceutical Group Ltd CSPCY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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CSPC Pharmaceutical Group 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.

CSPC Pharmaceutical Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.09/1.11
=3.68

* 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.

CSPC Pharmaceutical Group's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, CSPC Pharmaceutical Group's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=1.652/115.8323*115.8323
=1.652

Current CPI (Dec. 2025) = 115.8323.

CSPC Pharmaceutical Group Quarterly Data

Book Value per Share CPI Adj_Book
201512 0.400 100.600 0.461
201603 0.000 102.200 0.000
201606 0.410 101.400 0.468
201609 0.000 102.400 0.000
201612 0.450 102.600 0.508
201703 0.000 103.200 0.000
201706 0.486 103.100 0.546
201709 0.000 104.100 0.000
201712 0.647 104.500 0.717
201803 0.000 105.300 0.000
201806 0.702 104.900 0.775
201809 0.000 106.600 0.000
201812 0.730 106.500 0.794
201903 0.000 107.700 0.000
201906 0.798 107.700 0.858
201909 0.000 109.800 0.000
201912 0.879 111.200 0.916
202003 0.000 112.300 0.000
202006 0.942 110.400 0.988
202009 0.000 111.700 0.000
202012 1.141 111.500 1.185
202103 0.000 112.662 0.000
202106 1.274 111.769 1.320
202109 0.000 112.215 0.000
202112 1.366 113.108 1.399
202203 0.000 114.335 0.000
202206 1.404 114.558 1.420
202212 1.452 115.116 1.461
202303 0.000 115.116 0.000
202306 1.500 114.558 1.517
202309 0.000 115.339 0.000
202312 1.569 114.781 1.583
202403 0.000 115.227 0.000
202406 1.634 114.781 1.649
202409 0.000 115.785 0.000
202412 1.544 114.893 1.557
202503 0.000 115.116 0.000
202506 1.622 114.907 1.635
202509 0.000 115.471 0.000
202512 1.652 115.832 1.652

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 3.68 mean?
CSPC Pharmaceutical Group (CSPCY) has a Cyclically Adjusted PB Ratio of 3.68 as of Jul. 19, 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 CSPC Pharmaceutical Group and its competitors. This is 32% below median its historical median of 5.38. Over the past decade, CSPC Pharmaceutical Group's Cyclically Adjusted PB Ratio has ranged from 2.26 to 8.06. According to the industry distribution chart, CSPC Pharmaceutical Group ranks #557 out of 758 companies in the Drug Manufacturers industry, placing it in the top 73.5%.
Is CSPC Pharmaceutical Group's Cyclically Adjusted PB Ratio too high?
CSPC Pharmaceutical Group's current Cyclically Adjusted PB Ratio of 3.68 is 32% below median its 10-year median of 5.38. Over the past 10 years, this metric has ranged from a low of 2.26 to a high of 8.06. The Drug Manufacturers industry median Cyclically Adjusted PB Ratio is 1.86. CSPC Pharmaceutical Group's value of 3.68 is 98.4% above this industry median. Based on the distribution chart, CSPC Pharmaceutical Group ranks #557 out of 758 companies in the Drug Manufacturers industry, which is below the industry midpoint. Overall, CSPC Pharmaceutical Group has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CSPC Pharmaceutical Group's Cyclically Adjusted PB Ratio compare to LLY and JNJ?
According to the Drug Manufacturers industry distribution chart, CSPC Pharmaceutical Group ranks #557 out of 758 companies for Cyclically Adjusted PB Ratio. This places CSPC Pharmaceutical Group in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.86. CSPC Pharmaceutical Group's value of 3.68 is 98.4% above this benchmark. Historically, CSPC Pharmaceutical Group's own Cyclically Adjusted PB Ratio has ranged from 2.26 to 8.06 over the past decade. While the company's 10-year median is 5.38 vs. the industry median of 1.86, CSPC Pharmaceutical Group 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 Drug Manufacturers company?
The median Cyclically Adjusted PB Ratio among Drug Manufacturers companies is 1.86, based on 758 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. CSPC Pharmaceutical Group's current Cyclically Adjusted PB Ratio of 3.68 is 98.4% 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 CSPC Pharmaceutical Group and its competitors. For the Drug Manufacturers industry, the median Cyclically Adjusted PB Ratio is 1.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CSPC Pharmaceutical Group's current Cyclically Adjusted PB Ratio is 3.68, which is 32% below median its own 10-year median of 5.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CSPC Pharmaceutical Group stock overvalued right now?
Based on GuruFocus' analysis, CSPC Pharmaceutical Group (CSPCY) is currently considered Modestly Overvalued. The stock's GF Value™ is $3.39, compared to a current price of $4.09 — trading 20.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.68, which is 32% below median its 10-year median of 5.38 and 98.4% above the Drug Manufacturers industry median of 1.86. CSPC Pharmaceutical Group's overall GF Score™ is 74/100 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 CSPC Pharmaceutical Group (CSPCY), the current Cyclically Adjusted PB Ratio is 3.68 as of Jul. 19, 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 CSPC Pharmaceutical Group (CSPCY) Overvalued in 2026?

Based on GuruFocus' analysis, CSPC Pharmaceutical Group stock appears to be overvalued. The current stock price of $4.09 is trading 20.6% above its estimated GF Value™ of $3.39. GuruFocus considers CSPC Pharmaceutical Group to be Modestly Overvalued.

Key valuation signals for CSPCY:

  • Cyclically Adjusted PB Ratio: 3.68 (32% below median its 10-year median of 5.38)
  • GF Value™: $3.39 vs. price of $4.09 (20.6% above fair value)
  • GF Score™: 74/100 with 4 warning signs
  • Industry Position: 98.4% above the Drug Manufacturers median (#557 of 758)

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


CSPC Pharmaceutical Group Business Description

Address No.896 Zhongshandong Street, Gaoxin District, Hebei Province, Shijiazhuang, CHN, 050035
CSPC Pharmaceutical Group LTD is engaged in the manufacture and sale of pharmaceutical products. The group's segments include: Finished drugs, consisting research and development, manufacture and sale of pharmaceutical products and license fee income; Bulk products, that manufacture and sale of vitamin C, and antibiotic products in bulk powder form; and Functional food and others, that manufacture and sale of functional food products (including caffeine food additives, anhydrous glucose, acarbose and vitamin C buccal tablets), provision of healthcare service and others. It derives maximum revenue from Finished Products segments. Geographically, the company operates in Chinese Mainland, which Chinese Mainland generates maximum revenue; Other Asian regions; Europe; North America; and Others.
74GF Score

Get the complete analysis for CSPCY

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

$4.09
Price
$3.39
GF Value