Metallurgical of China (FRA:6MT) Cyclically Adjusted PB Ratio: (As of Sep. 22, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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.

FRA:6MT Metallurgical Corp of China Ltd FRA:6MT
45 GF Score
Price €0.14
GF Value €0.09
! 8 Warning Signs
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What is Metallurgical of China Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Metallurgical of China  (FRA:6MT) 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.


Metallurgical of China Cyclically Adjusted PB Ratio Related Terms


Metallurgical of China Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Metallurgical of China'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.

Metallurgical of China Cyclically Adjusted PB Ratio Chart

Metallurgical of China 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 0.39 0.32 0.25 0.28 0.27

Metallurgical of China 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 0.24 0.41 0.27 0.28 0.18

FRA:6MT vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, Metallurgical of China'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.


Metallurgical of China Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Metallurgical of China's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Metallurgical of China's Cyclically Adjusted PB Ratio falls into.


FRA:6MT
45GF Score
Metallurgical Corp of China Ltd FRA:6MT
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Metallurgical of China 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.

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

For example, Metallurgical of China'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)
=0.818/116.0564*116.0564
=0.818

Current CPI (Jun. 2026) = 116.0564.

Metallurgical of China Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.441 102.400 0.500
201612 0.482 102.600 0.545
201703 0.491 103.200 0.552
201706 0.479 103.100 0.539
201709 0.478 104.100 0.533
201712 0.490 104.500 0.544
201803 0.507 105.300 0.559
201806 0.522 104.900 0.578
201809 0.508 106.600 0.553
201812 0.533 106.500 0.581
201903 0.567 107.700 0.611
201906 0.549 107.700 0.592
201909 0.557 109.800 0.589
201912 0.561 111.200 0.586
202003 0.615 112.300 0.636
202006 0.604 110.400 0.635
202009 0.666 111.700 0.692
202012 0.723 111.500 0.753
202103 0.768 112.662 0.791
202106 0.780 111.769 0.810
202109 0.805 112.215 0.833
202112 0.850 113.108 0.872
202203 0.894 114.335 0.907
202206 0.911 114.558 0.923
202209 0.928 115.339 0.934
202212 0.868 115.116 0.875
202303 0.842 115.116 0.849
202306 0.801 114.558 0.811
202309 0.770 115.339 0.775
202312 0.743 114.781 0.751
202403 0.764 115.227 0.769
202406 0.735 114.781 0.743
202409 0.811 115.785 0.813
202412 0.841 114.893 0.850
202503 0.819 115.116 0.826
202506 0.763 114.907 0.771
202509 0.774 115.471 0.778
202512 0.761 115.832 0.762
202603 0.801 116.303 0.799
202606 0.818 116.056 0.818

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 Metallurgical of China (FRA:6MT) Overvalued in 2026?

Based on GuruFocus' analysis, Metallurgical of China stock appears to be overvalued. The current stock price of €0.14 is trading 50% above its estimated GF Value™ of €0.09.

Key valuation signals for FRA:6MT:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €0.09 vs. price of €0.14 (50% above fair value)
  • GF Score™: 45/100 with 8 warning signs

No single metric tells the full story. See the FRA:6MT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Metallurgical of China Business Description

Address 28, Shuguang Xili, MCC Tower, Chaoyang District, Beijing, CHN, 100028
Metallurgical Corp of China Ltd is a metallurgical engineering and construction group operating mainly in China. Its core activities include providing engineering, construction, and operational services for the iron and steel and non-ferrous metallurgy projects. The Group is also engaged in industrial construction across sectors such as electronics, precision manufacturing, light industry, petrochemicals, and power engineering, among others. Additionally, it undertakes capital construction projects, delivering full life-cycle services for urban renewal, residential, commercial, and office developments, infrastructure construction, and smart city development. The Group's reporting business segments are: Engineering Contracting, which generates the maximum revenue, and Featured Businesses.
45GF Score

Get the complete analysis for FRA:6MT

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

€0.14
Price
€0.09
GF Value