China Medical System Holdings (FRA:2M7C) Cyclically Adjusted PB Ratio: 2.06 (As of Aug. 01, 2026) — 40% Below Median

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FRA:2M7C China Medical System Holdings Ltd FRA:2M7C
91 GF Score
Price €1.30
GF Value €1.37
Valuation Fairly Valued
! 3 Warning Signs
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What is China Medical System Holdings Cyclically Adjusted PB Ratio?

China Medical System Holdings FRA:2M7C -0.76% 91 Cyclically Adjusted PB Ratio is 2.06 as of Aug. 01, 2026, which is 40% below its 10-year median of 3.44. GuruFocus rates FRA:2M7C with a GF Score™ of 91/100 and a GF Value™ of €1.37 (Fairly Valued). The stock has 3 warning signs investors should review. Among 746 Drug Manufacturers companies, China Medical System Holdings ranks worse than 55.36% on this metric.

As of today (2026-08-01), China Medical System Holdings's current share price is €1.30. China Medical System Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was €0.63. China Medical System Holdings's Cyclically Adjusted PB Ratio for today is 2.06.

The historical rank and industry rank for China Medical System Holdings's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:2M7C' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.33   Med: 3.44   Max: 12.74
Current: 2.08

During the past 13 years, China Medical System Holdings's highest Cyclically Adjusted PB Ratio was 12.74. The lowest was 1.33. And the median was 3.44.

FRA:2M7C's Cyclically Adjusted PB Ratio is ranked worse than
55.36% of 746 companies
in the Drug Manufacturers industry
Industry Median: 1.79 vs FRA:2M7C: 2.08

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 Medical System Holdings's adjusted book value per share data of for the fiscal year that ended in Dec25 was €0.865. 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 €0.63 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Medical System Holdings  (FRA:2M7C) 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 Medical System Holdings Cyclically Adjusted PB Ratio Related Terms


China Medical System Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for China Medical System Holdings'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 Medical System Holdings Cyclically Adjusted PB Ratio Chart

China Medical System Holdings 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 3.63 2.97 2.94 1.44 2.22

China Medical System Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 2.94 0.00 1.44 0.00 2.22

FRA:2M7C vs ZTS: Cyclically Adjusted PB Ratio Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, China Medical System Holdings'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 Medical System Holdings Cyclically Adjusted PB Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, China Medical System Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where China Medical System Holdings's Cyclically Adjusted PB Ratio falls into.


FRA:2M7C
91GF Score
China Medical System Holdings Ltd FRA:2M7C
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Medical System Holdings 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.

China Medical System Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.30/0.63
=2.06

* 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 Medical System Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, China Medical System Holdings's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=0.865/120.7036*120.7036
=0.865

Current CPI (Dec25) = 120.7036.

China Medical System Holdings Annual Data

Book Value per Share CPI Adj_Book
201612 0.342 103.225 0.400
201712 0.375 104.984 0.431
201812 0.430 107.622 0.482
201912 0.490 110.700 0.534
202012 0.561 109.711 0.617
202112 0.721 112.349 0.775
202212 0.806 114.548 0.849
202312 0.813 117.296 0.837
202412 0.877 118.945 0.890
202512 0.865 120.704 0.865

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 2.06 mean?
China Medical System Holdings (FRA:2M7C) has a Cyclically Adjusted PB Ratio of 2.06 as of Aug. 01, 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 Medical System Holdings and its competitors. This is 40% below median its historical median of 3.44. Over the past decade, China Medical System Holdings' Cyclically Adjusted PB Ratio has ranged from 1.33 to 12.74. According to the industry distribution chart, China Medical System Holdings ranks #413 out of 746 companies in the Drug Manufacturers industry, placing it in the top 55.4%.
Is China Medical System Holdings' Cyclically Adjusted PB Ratio too high?
China Medical System Holdings' current Cyclically Adjusted PB Ratio of 2.06 is 40% below median its 10-year median of 3.44. Over the past 10 years, this metric has ranged from a low of 1.33 to a high of 12.74. The Drug Manufacturers industry median Cyclically Adjusted PB Ratio is 1.79. China Medical System Holdings' value of 2.06 is 15.1% above this industry median. Based on the distribution chart, China Medical System Holdings ranks #413 out of 746 companies in the Drug Manufacturers industry, which is below the industry midpoint. Overall, China Medical System Holdings has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does China Medical System Holdings' Cyclically Adjusted PB Ratio compare to ZTS?
According to the Drug Manufacturers industry distribution chart, China Medical System Holdings ranks #413 out of 746 companies for Cyclically Adjusted PB Ratio. This places China Medical System Holdings in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.79. China Medical System Holdings' value of 2.06 is 15.1% above this benchmark. Historically, China Medical System Holdings' own Cyclically Adjusted PB Ratio has ranged from 1.33 to 12.74 over the past decade. While the company's 10-year median is 3.44 vs. the industry median of 1.79, China Medical System Holdings 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 1.79, based on 746 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 Medical System Holdings's current Cyclically Adjusted PB Ratio of 2.06 is 15.1% 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 China Medical System Holdings and its competitors. For the Drug Manufacturers industry, the median Cyclically Adjusted PB Ratio is 1.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Medical System Holdings's current Cyclically Adjusted PB Ratio is 2.06, which is 40% below median its own 10-year median of 3.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Medical System Holdings stock overvalued right now?
Based on GuruFocus' analysis, China Medical System Holdings (FRA:2M7C) is currently considered Fairly Valued. The stock's GF Value™ is €1.37, compared to a current price of €1.30 — trading 5.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.06, which is 40% below median its 10-year median of 3.44 and 15.1% above the Drug Manufacturers industry median of 1.79. China Medical System Holdings' overall GF Score™ is 91/100 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 China Medical System Holdings (FRA:2M7C), the current Cyclically Adjusted PB Ratio is 2.06 as of Aug. 01, 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 Medical System Holdings (FRA:2M7C) Overvalued in 2026?

Based on GuruFocus' analysis, China Medical System Holdings stock appears to be undervalued. The current stock price of €1.30 is trading 5.1% below its estimated GF Value™ of €1.37. GuruFocus considers China Medical System Holdings to be Fairly Valued.

Key valuation signals for FRA:2M7C:

  • Cyclically Adjusted PB Ratio: 2.06 (40% below median its 10-year median of 3.44)
  • GF Value™: €1.37 vs. price of €1.30 (5.1% below fair value)
  • GF Score™: 91/100 with 3 warning signs
  • Industry Position: 15.1% above the Drug Manufacturers median (#413 of 746)

No single metric tells the full story. See the FRA:2M7C stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Medical System Holdings Business Description

Address 510 King’s Road, Unit 2106, 21st Floor, Island Place Tower, North Point, Hong Kong, HKG
China Medical System Holdings Ltd is a holding company. Along with its subsidiaries, it is engaged in the research and development, production, promotion and sale of medicines. The company's reportable segments are: (i) Integrated pharmaceuticals portfolio and (ii) Skin diseases related business. The majority of the company's revenue, which consists of pharmaceutical products sales, is derived from the integrated pharmaceuticals portfolio segment.
91GF Score

Get the complete analysis for FRA:2M7C

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

€1.30
Price
€1.37
GF Value