Sany Heavy Industry Co (FRA:1741) Cyclically Adjusted PB Ratio: 2.91 (As of Aug. 07, 2026) — 12% Below Median

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FRA:1741 Sany Heavy Industry Co Ltd FRA:1741
65 GF Score
Price €2.24
GF Value €2.34
Valuation Fairly Valued
! 3 Warning Signs
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What is Sany Heavy Industry Co Cyclically Adjusted PB Ratio?

Sany Heavy Industry Co FRA:1741 -1.75% 65 Cyclically Adjusted PB Ratio is 2.91 as of Aug. 07, 2026, which is 12% below its 10-year median of 3.32. GuruFocus rates FRA:1741 with a GF Score™ of 65/100 and a GF Value™ of €2.34 (Fairly Valued). The stock has 3 warning signs investors should review. Among 165 Farm & Heavy Construction Machinery companies, Sany Heavy Industry Co ranks worse than 74.55% on this metric.

As of today (2026-08-07), Sany Heavy Industry Co's current share price is €2.24. Sany Heavy Industry Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €0.77. Sany Heavy Industry Co's Cyclically Adjusted PB Ratio for today is 2.91.

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

FRA:1741' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.37   Med: 3.32   Max: 12.29
Current: 3.01

During the past years, Sany Heavy Industry Co's highest Cyclically Adjusted PB Ratio was 12.29. The lowest was 2.37. And the median was 3.32.

FRA:1741's Cyclically Adjusted PB Ratio is ranked worse than
74.55% of 165 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.51 vs FRA:1741: 3.01

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.

Sany Heavy Industry Co's adjusted book value per share data for the three months ended in Mar. 2026 was €1.236. 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 €0.77 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sany Heavy Industry Co  (FRA:1741) 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.


Sany Heavy Industry Co Cyclically Adjusted PB Ratio Related Terms


Sany Heavy Industry Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Sany Heavy Industry 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.

Sany Heavy Industry Co Cyclically Adjusted PB Ratio Chart

Sany Heavy Industry 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 5.16 3.23 2.60 2.87 3.34

Sany Heavy Industry 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 3.24 2.99 3.78 3.34 2.95

FRA:1741 vs CAT, DE, PCAR: Cyclically Adjusted PB Ratio Comparison

For the Farm & Heavy Construction Machinery subindustry, Sany Heavy Industry 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.


Sany Heavy Industry Co Cyclically Adjusted PB Ratio vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Sany Heavy Industry Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:1741
65GF Score
Sany Heavy Industry Co Ltd FRA:1741
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sany Heavy Industry 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.

Sany Heavy Industry Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.24/0.77
=2.91

* 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.

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

For example, Sany Heavy Industry 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)
=1.236/116.3033*116.3033
=1.236

Current CPI (Mar. 2026) = 116.3033.

Sany Heavy Industry Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.415 101.400 0.476
201609 0.410 102.400 0.466
201612 0.409 102.600 0.464
201703 0.417 103.200 0.470
201706 0.413 103.100 0.466
201709 0.416 104.100 0.465
201712 0.426 104.500 0.474
201803 0.455 105.300 0.503
201806 0.479 104.900 0.531
201809 0.486 106.600 0.530
201812 0.518 106.500 0.566
201903 0.610 107.700 0.659
201906 0.606 107.700 0.654
201909 0.642 109.800 0.680
201912 0.718 111.200 0.751
202003 0.710 112.300 0.735
202006 0.739 110.400 0.779
202009 0.785 111.700 0.817
202012 0.841 111.500 0.877
202103 0.945 112.662 0.976
202106 0.941 111.769 0.979
202109 0.995 112.215 1.031
202112 1.042 113.108 1.071
202203 1.100 114.335 1.119
202206 1.044 114.558 1.060
202209 1.091 115.339 1.100
202212 1.037 115.116 1.048
202303 1.061 115.116 1.072
202306 1.014 114.558 1.029
202309 1.026 115.339 1.035
202312 1.030 114.781 1.044
202403 1.046 115.227 1.056
202406 1.043 114.781 1.057
202409 1.065 115.785 1.070
202412 1.113 114.893 1.127
202503 1.127 115.116 1.139
202506 1.047 114.907 1.060
202509 0.964 115.471 0.971
202512 1.165 115.832 1.170
202603 1.236 116.303 1.236

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 2.91 mean?
Sany Heavy Industry Co (FRA:1741) has a Cyclically Adjusted PB Ratio of 2.91 as of Aug. 07, 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 Sany Heavy Industry Co and its competitors. This is 12% below median its historical median of 3.32. Over the past decade, Sany Heavy Industry Co's Cyclically Adjusted PB Ratio has ranged from 2.37 to 12.29. According to the industry distribution chart, Sany Heavy Industry Co ranks #123 out of 165 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 74.5%.
Is Sany Heavy Industry Co's Cyclically Adjusted PB Ratio too high?
Sany Heavy Industry Co's current Cyclically Adjusted PB Ratio of 2.91 is 12% below median its 10-year median of 3.32. Over the past 10 years, this metric has ranged from a low of 2.37 to a high of 12.29. The Farm & Heavy Construction Machinery industry median Cyclically Adjusted PB Ratio is 1.51. Sany Heavy Industry Co's value of 2.91 is 92.7% above this industry median. Based on the distribution chart, Sany Heavy Industry Co ranks #123 out of 165 companies in the Farm & Heavy Construction Machinery industry, which is below the industry midpoint. Overall, Sany Heavy Industry Co has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sany Heavy Industry Co's Cyclically Adjusted PB Ratio compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Sany Heavy Industry Co ranks #123 out of 165 companies for Cyclically Adjusted PB Ratio. This places Sany Heavy Industry Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.51. Sany Heavy Industry Co's value of 2.91 is 92.7% above this benchmark. Historically, Sany Heavy Industry Co's own Cyclically Adjusted PB Ratio has ranged from 2.37 to 12.29 over the past decade. While the company's 10-year median is 3.32 vs. the industry median of 1.51, Sany Heavy Industry 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 Farm & Heavy Construction Machinery company?
The median Cyclically Adjusted PB Ratio among Farm & Heavy Construction Machinery companies is 1.51, based on 165 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. Sany Heavy Industry Co's current Cyclically Adjusted PB Ratio of 2.91 is 92.7% 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 Sany Heavy Industry Co and its competitors. For the Farm & Heavy Construction Machinery industry, the median Cyclically Adjusted PB Ratio is 1.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sany Heavy Industry Co's current Cyclically Adjusted PB Ratio is 2.91, which is 12% below median its own 10-year median of 3.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sany Heavy Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Sany Heavy Industry Co (FRA:1741) is currently considered Fairly Valued. The stock's GF Value™ is €2.34, compared to a current price of €2.24 — trading 4.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.91, which is 12% below median its 10-year median of 3.32 and 92.7% above the Farm & Heavy Construction Machinery industry median of 1.51. Sany Heavy Industry Co's overall GF Score™ is 65/100 with 3 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 Sany Heavy Industry Co (FRA:1741), the current Cyclically Adjusted PB Ratio is 2.91 as of Aug. 07, 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 Sany Heavy Industry Co (FRA:1741) Overvalued in 2026?

Based on GuruFocus' analysis, Sany Heavy Industry Co stock appears to be undervalued. The current stock price of €2.24 is trading 4.3% below its estimated GF Value™ of €2.34. GuruFocus considers Sany Heavy Industry Co to be Fairly Valued.

Key valuation signals for FRA:1741:

  • Cyclically Adjusted PB Ratio: 2.91 (12% below median its 10-year median of 3.32)
  • GF Value™: €2.34 vs. price of €2.24 (4.3% below fair value)
  • GF Score™: 65/100 with 3 warning signs
  • Industry Position: 92.7% above the Farm & Heavy Construction Machinery median (#123 of 165)

No single metric tells the full story. See the FRA:1741 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sany Heavy Industry Co Business Description

Address No. 8 Beiqing Road, 5th Floor, Building 6, Changping District, Beijing, CHN, 102206
Sany Heavy Industry Co Ltd is a construction machinery manufacturer in China. Its products range from concrete and crane machinery to excavators, road construction, piling machinery, and others. The company operates its businesses through seven segments: Concrete Machinery, Excavator Machinery, Hoisting Machinery, Piling Machinery, Road Machinery, Financial Services, and Others. It generates the majority of its revenue from the Excavator Machinery segment, which engages in research, development, manufacture, and sale of excavator machinery products.
65GF Score

Get the complete analysis for FRA:1741

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

€2.24
Price
€2.34
GF Value