DNGFF (Dongfang Electric) Cyclically Adjusted PB Ratio: (As of Sep. 22, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

DNGFF Dongfang Electric Corp Ltd DNGFF
87 GF Score
Price $2.30
GF Value $2.00
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Dongfang Electric Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Dongfang Electric  (OTCPK:DNGFF) 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.


Dongfang Electric Cyclically Adjusted PB Ratio Related Terms


Dongfang Electric Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Dongfang Electric'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.

Dongfang Electric Cyclically Adjusted PB Ratio Chart

Dongfang Electric 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 1.02 0.55 0.48 0.63 1.79

Dongfang Electric Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.64 1.16 1.84 2.45 1.63

DNGFF vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Dongfang Electric'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.


Dongfang Electric Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Dongfang Electric's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


DNGFF
87GF Score
Dongfang Electric Corp Ltd DNGFF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Dongfang Electric 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.

Dongfang Electric's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Dongfang Electric's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=2.087/116.0564*116.0564
=2.087

Current CPI (Jun. 2026) = 116.0564.

Dongfang Electric Quarterly Data

Book Value per Share CPI Adj_Book
201609 1.462 102.400 1.657
201612 1.360 102.600 1.538
201703 1.384 103.200 1.556
201706 1.422 103.100 1.601
201709 1.453 104.100 1.620
201712 1.868 104.500 2.075
201803 1.568 105.300 1.728
201806 1.393 104.900 1.541
201809 1.362 106.600 1.483
201812 1.446 106.500 1.576
201903 1.496 107.700 1.612
201906 1.467 107.700 1.581
201909 1.426 109.800 1.507
201912 1.477 111.200 1.542
202003 1.470 112.300 1.519
202006 1.478 110.400 1.554
202009 1.565 111.700 1.626
202012 1.664 111.500 1.732
202103 1.697 112.662 1.748
202106 1.730 111.769 1.796
202109 1.759 112.215 1.819
202112 1.796 113.108 1.843
202203 1.861 114.335 1.889
202206 1.766 114.558 1.789
202209 1.703 115.339 1.714
202212 1.793 115.116 1.808
202303 1.865 115.116 1.880
202306 1.767 114.558 1.790
202309 1.798 115.339 1.809
202312 1.875 114.781 1.896
202403 1.886 115.227 1.900
202406 1.841 114.781 1.861
202409 1.956 115.785 1.961
202412 1.896 114.893 1.915
202503 1.966 115.116 1.982
202506 1.869 114.907 1.888
202509 1.921 115.471 1.931
202512 1.993 115.832 1.997
202603 2.085 116.303 2.081
202606 2.087 116.056 2.087

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.

Is Dongfang Electric (DNGFF) Overvalued in 2026?

Based on GuruFocus' analysis, Dongfang Electric stock appears to be overvalued. The current stock price of $2.30 is trading 15% above its estimated GF Value™ of $2.00. GuruFocus considers Dongfang Electric to be Modestly Overvalued.

Key valuation signals for DNGFF:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $2.00 vs. price of $2.30 (15% above fair value)
  • GF Score™: 87/100 with 5 warning signs

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


Dongfang Electric Business Description

Address No. 18 Xixin Road, High-Tech District (Western District), Sichuan Province, Chengdu, CHN, 611731
Dongfang Electric Corp Ltd operates in the energy equipment manufacturing industry and provides high-end equipment and related services for energy production and utilization. The Company has a one core, two wings industrial layout with energy equipment manufacturing as the core and manufacturing services and emerging industries as growth engines. It engages in the development, design, manufacturing and sales of energy equipment including thermal, hydropower, nuclear, gas and wind power, provides services such as power station services, integrated energy and supply chain, and develops emerging industries including energy storage, hydrogen energy, environmental protection, industrial drive, power electronics and solar energy.
87GF Score

Get the complete analysis for DNGFF

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

$2.30
Price
$2.00
GF Value