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China Water Affairs GroupCWAFF 40 Cyclically Adjusted PB Ratio is 0.82 as of Jul. 15, 2026, which is 48% below its 10-year median of 1.59. GuruFocus rates CWAFF with a GF Score™ of 40/100 and a GF Value™ of $0.59 (Fairly Valued). The stock has 10 warning signs investors should review. Among 440 Utilities - Regulated companies, China Water Affairs Group ranks better than 77.27% on this metric.
The historical rank and industry rank for China Water Affairs Group's Cyclically Adjusted PB Ratio or its related term are showing as below:
CWAFF'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.69 Med: 1.59 Max: 3.43
Current: 0.72
During the past 13 years, China Water Affairs Group's highest Cyclically Adjusted PB Ratio was 3.43. The lowest was 0.69. And the median was 1.59.
CWAFF's Cyclically Adjusted PB Ratio is ranked better than 77.27% of 440
companies
in the Utilities - Regulated industry
Industry Median: 1.535
vs CWAFF: 0.72
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.
China Water Affairs Group's adjusted book value per share data of for the fiscal year that ended in Mar25 was $1.041. 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 $0.76 for the trailing ten years ended in Mar25.
Shiller PE for Stocks: The True Measure of Stock Valuation
China Water Affairs Group (OTCPK:CWAFF) 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.
China Water Affairs Group Cyclically Adjusted PB Ratio Related Terms
China Water Affairs Group Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for China Water Affairs 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.
China Water Affairs Group Cyclically Adjusted PB Ratio Chart
CWAFF vs AWK, WTRG, AWR: Cyclically Adjusted PB Ratio Comparison
For the Utilities - Regulated Water subindustry, China Water Affairs 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.
China Water Affairs Group Cyclically Adjusted PB Ratio vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, China Water Affairs Group's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where China Water Affairs Group's Cyclically Adjusted PB Ratio falls into.
China Water Affairs 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.
* 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.
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 0.82 mean?
China Water Affairs Group (CWAFF) has a Cyclically Adjusted PB Ratio of 0.82 as of Jul. 15, 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 China Water Affairs Group and its competitors. This is 48% below median its historical median of 1.59. Over the past decade, China Water Affairs Group's Cyclically Adjusted PB Ratio has ranged from 0.69 to 3.43. According to the industry distribution chart, China Water Affairs Group ranks #100 out of 440 companies in the Utilities - Regulated industry, placing it in the top 22.7%.
Is China Water Affairs Group's Cyclically Adjusted PB Ratio too high?
China Water Affairs Group's current Cyclically Adjusted PB Ratio of 0.82 is 48% below median its 10-year median of 1.59. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 3.43. The Utilities - Regulated industry median Cyclically Adjusted PB Ratio is 1.54. China Water Affairs Group's value of 0.82 is 46.6% below this industry median. Based on the distribution chart, China Water Affairs Group ranks #100 out of 440 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, China Water Affairs Group has a GF Score™ of 40/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does China Water Affairs Group's Cyclically Adjusted PB Ratio compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, China Water Affairs Group ranks #100 out of 440 companies for Cyclically Adjusted PB Ratio. This places China Water Affairs Group in the top 23% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.54. China Water Affairs Group's value of 0.82 is 46.6% below this benchmark. Historically, China Water Affairs Group's own Cyclically Adjusted PB Ratio has ranged from 0.69 to 3.43 over the past decade. While the company's 10-year median is 1.59 vs. the industry median of 1.54, China Water Affairs Group 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 Utilities - Regulated company?
The median Cyclically Adjusted PB Ratio among Utilities - Regulated companies is 1.54, based on 440 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. China Water Affairs Group's current Cyclically Adjusted PB Ratio of 0.82 is 46.6% 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 China Water Affairs Group and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PB Ratio is 1.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Water Affairs Group's current Cyclically Adjusted PB Ratio is 0.82, which is 48% below median its own 10-year median of 1.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Water Affairs Group stock overvalued right now?
Based on GuruFocus' analysis, China Water Affairs Group (CWAFF) is currently considered Fairly Valued. The stock's GF Value™ is $0.59, compared to a current price of $0.62 — trading 5.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.82, which is 48% below median its 10-year median of 1.59 and 46.6% below the Utilities - Regulated industry median of 1.54. China Water Affairs Group's overall GF Score™ is 40/100 with 10 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 China Water Affairs Group (CWAFF), the current Cyclically Adjusted PB Ratio is 0.82 as of Jul. 15, 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 China Water Affairs Group (CWAFF) Overvalued in 2026?
Based on GuruFocus' analysis, China Water Affairs Group stock appears to be overvalued.
The current stock price of $0.62 is trading 5.1% above its estimated GF Value™ of $0.59.
GuruFocus considers China Water Affairs Group to be Fairly Valued.
Key valuation signals for CWAFF:
Cyclically Adjusted PB Ratio: 0.82 (48% below median its 10-year median of 1.59)
GF Value™: $0.59 vs. price of $0.62 (5.1% above fair value)
Industry Position: 46.6% below the Utilities - Regulated median (#100 of 440)
No single metric tells the full story. See the CWAFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Water Affairs Group Ltd is a Chinese water utility company that builds, operates, and invests in water affairs projects in China. The firm's primary segments include City water supply operation, main contractor construction, Environmental protection, and Pipeline direct drinking water supply. It generates a majority of its revenue from the City water supply operation segment. Geographically, the company generates a maximum share of its revenue from the People's Republic of China.
40GF Score
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