Yunnan Water Investment Co (FRA:2WI) Cyclically Adjusted PB Ratio: 0.02 (As of Aug. 04, 2026) — 33% Below Median

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FRA:2WI Yunnan Water Investment Co Ltd FRA:2WI
24 GF Score
Price €0.01
GF Value €0.01
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Yunnan Water Investment Co Cyclically Adjusted PB Ratio?

Yunnan Water Investment Co FRA:2WI 24 Cyclically Adjusted PB Ratio is 0.02 as of Aug. 04, 2026, which is 33% below its 10-year median of 0.03. GuruFocus rates FRA:2WI with a GF Score™ of 24/100 and a GF Value™ of €0.01 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 438 Utilities - Regulated companies, Yunnan Water Investment Co ranks better than 99.77% on this metric.

As of today (2026-08-04), Yunnan Water Investment Co's current share price is €0.009. Yunnan Water Investment Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was €0.49. Yunnan Water Investment Co's Cyclically Adjusted PB Ratio for today is 0.02.

The historical rank and industry rank for Yunnan Water Investment Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:2WI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.03   Max: 0.05
Current: 0.02

During the past 12 years, Yunnan Water Investment Co's highest Cyclically Adjusted PB Ratio was 0.05. The lowest was 0.01. And the median was 0.03.

FRA:2WI's Cyclically Adjusted PB Ratio is ranked better than
99.77% of 438 companies
in the Utilities - Regulated industry
Industry Median: 1.515 vs FRA:2WI: 0.02

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.

Yunnan Water Investment Co's adjusted book value per share data of for the fiscal year that ended in Dec25 was €0.856. 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 €0.49 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yunnan Water Investment Co  (FRA:2WI) 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.


Yunnan Water Investment Co Cyclically Adjusted PB Ratio Related Terms


Yunnan Water Investment Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Yunnan Water Investment 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.

Yunnan Water Investment Co Cyclically Adjusted PB Ratio Chart

Yunnan Water Investment 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 0.00 0.00 0.05 0.04 0.02

Yunnan Water Investment Co 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 0.05 0.00 0.04 0.00 0.02

FRA:2WI vs AWK, WTRG, AWR: Cyclically Adjusted PB Ratio Comparison

For the Utilities - Regulated Water subindustry, Yunnan Water Investment 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.


Yunnan Water Investment Co Cyclically Adjusted PB Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Yunnan Water Investment Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Yunnan Water Investment Co's Cyclically Adjusted PB Ratio falls into.


FRA:2WI
24GF Score
Yunnan Water Investment Co Ltd FRA:2WI
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Yunnan Water Investment 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.

Yunnan Water Investment Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.009/0.49
=0.02

* 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.

Yunnan Water Investment Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Yunnan Water Investment Co'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)
=0.856/115.8323*115.8323
=0.856

Current CPI (Dec25) = 115.8323.

Yunnan Water Investment Co Annual Data

Book Value per Share CPI Adj_Book
201612 0.717 102.600 0.809
201712 0.616 104.500 0.683
201812 0.616 106.500 0.670
201912 0.791 111.200 0.824
202012 0.598 111.500 0.621
202112 0.656 113.108 0.672
202212 0.311 115.116 0.313
202312 0.214 114.781 0.216
202412 1.121 114.893 1.130
202512 0.856 115.832 0.856

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 0.02 mean?
Yunnan Water Investment Co (FRA:2WI) has a Cyclically Adjusted PB Ratio of 0.02 as of Aug. 04, 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 Yunnan Water Investment Co and its competitors. This is 33% below median its historical median of 0.03. Over the past decade, Yunnan Water Investment Co's Cyclically Adjusted PB Ratio has ranged from 0.01 to 0.05. According to the industry distribution chart, Yunnan Water Investment Co ranks #1 out of 438 companies in the Utilities - Regulated industry, placing it in the top 0.2%.
Is Yunnan Water Investment Co's Cyclically Adjusted PB Ratio too high?
Yunnan Water Investment Co's current Cyclically Adjusted PB Ratio of 0.02 is 33% below median its 10-year median of 0.03. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.05. The Utilities - Regulated industry median Cyclically Adjusted PB Ratio is 1.52. Yunnan Water Investment Co's value of 0.02 is 98.7% below this industry median. Based on the distribution chart, Yunnan Water Investment Co ranks #1 out of 438 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Yunnan Water Investment Co has a GF Score™ of 24/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Yunnan Water Investment Co's Cyclically Adjusted PB Ratio compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, Yunnan Water Investment Co ranks #1 out of 438 companies for Cyclically Adjusted PB Ratio. This places Yunnan Water Investment Co in the top 0% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.52. Yunnan Water Investment Co's value of 0.02 is 98.7% below this benchmark. Historically, Yunnan Water Investment Co's own Cyclically Adjusted PB Ratio has ranged from 0.01 to 0.05 over the past decade. While the company's 10-year median is 0.03 vs. the industry median of 1.52, Yunnan Water Investment Co 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 1.52, based on 438 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. Yunnan Water Investment Co's current Cyclically Adjusted PB Ratio of 0.02 is 98.7% 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 Yunnan Water Investment Co and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PB Ratio is 1.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yunnan Water Investment Co's current Cyclically Adjusted PB Ratio is 0.02, which is 33% below median its own 10-year median of 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yunnan Water Investment Co stock overvalued right now?
Based on GuruFocus' analysis, Yunnan Water Investment Co (FRA:2WI) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.01, compared to a current price of €0.01 — trading 10% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.02, which is 33% below median its 10-year median of 0.03 and 98.7% below the Utilities - Regulated industry median of 1.52. Yunnan Water Investment Co's overall GF Score™ is 24/100 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 Yunnan Water Investment Co (FRA:2WI), the current Cyclically Adjusted PB Ratio is 0.02 as of Aug. 04, 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 Yunnan Water Investment Co (FRA:2WI) Overvalued in 2026?

Based on GuruFocus' analysis, Yunnan Water Investment Co stock appears to be undervalued. The current stock price of €0.01 is trading 10% below its estimated GF Value™ of €0.01. GuruFocus considers Yunnan Water Investment Co to be Modestly Undervalued.

Key valuation signals for FRA:2WI:

  • Cyclically Adjusted PB Ratio: 0.02 (33% below median its 10-year median of 0.03)
  • GF Value™: €0.01 vs. price of €0.01 (10% below fair value)
  • GF Score™: 24/100 with 4 warning signs
  • Industry Position: 98.7% below the Utilities - Regulated median (#1 of 438)

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


Yunnan Water Investment Co Business Description

Other Exchanges 06839:Hong Kong
Address 2089 Haiyuan North Road, Yunnan Water, Gaoxin District, Yunnan Province, Kunming, CHN
Yunnan Water Investment Co Ltd is an investment holding company engaged in developing, designing, constructing, operating, and maintaining municipal water supply, wastewater treatment, and solid waste treatment facilities. The Group is organized into five business segments: Wastewater treatment project construction and operation, Water supply project construction and operation, Construction and sales of equipment, Solid waste treatment project construction and operation, and Others, including operation and maintenance services and other businesses. The company operates in Mainland China, Indonesia, Thailand, and Hong Kong, of which Mainland China accounts for the majority of the revenue.
24GF Score

Get the complete analysis for FRA:2WI

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

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