China New City Group (FRA:C7B) Cyclically Adjusted PB Ratio: (As of Sep. 22, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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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.
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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.

FRA:C7B China New City Group Ltd FRA:C7B
41 GF Score
Price €0.06
GF Value €0.03
! 9 Warning Signs
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What is China New City Group Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


China New City Group  (FRA:C7B) 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 New City Group Cyclically Adjusted PB Ratio Related Terms


China New City Group Cyclically Adjusted PB Ratio Historical Data

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The historical data trend for China New City Group'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 New City Group Cyclically Adjusted PB Ratio Chart

China New City Group 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 0.27 0.28 0.15 0.21 0.14

China New City Group Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 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 0.18 0.21 0.13 0.13 0.14

China New City Group Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, China New City Group'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 New City Group Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, China New City Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where China New City Group's Cyclically Adjusted PB Ratio falls into.


FRA:C7B
41GF Score
China New City Group Ltd FRA:C7B
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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China New City Group 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 New City Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, China New City Group'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)
=0.303/115.8323*115.8323
=0.303

Current CPI (Dec25) = 115.8323.

China New City Group Annual Data

Book Value per Share CPI Adj_Book
201612 0.420 102.600 0.474
201712 0.416 104.500 0.461
201812 0.410 106.500 0.446
201912 0.390 111.200 0.406
202012 0.378 111.500 0.393
202112 0.393 113.108 0.402
202212 0.356 115.116 0.358
202312 0.307 114.781 0.310
202412 0.351 114.893 0.354
202512 0.303 115.832 0.303

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 China New City Group (FRA:C7B) Overvalued in 2026?

Based on GuruFocus' analysis, China New City Group stock appears to be overvalued. The current stock price of €0.06 is trading 86.7% above its estimated GF Value™ of €0.03.

Key valuation signals for FRA:C7B:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €0.03 vs. price of €0.06 (86.7% above fair value)
  • GF Score™: 41/100 with 9 warning signs

No single metric tells the full story. See the FRA:C7B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China New City Group Business Description

Other Exchanges 01321:Hong Kong
Address Long Zhang Road, 5th Floor, Building 6 Xinhang Business Center, Xihu District, Zhejiang Province, Hangzhou, CHN
China New City Group Ltd is engaged in commercial property investment for leasing, commercial property development for sale and leasing, and commercial operations in the People's Republic of China (PRC). Its segments consist of the commercial property development segment, which develops and sells commercial properties in the Chinese Mainland and Japan; the property rental segment leases investment properties in the Chinese Mainland; the hotel operations segment owns and operates hotels; and the other services segment comprises the Group's project management business and other business that the Group is involved in. The majority of the revenue is derived from the commercial property development segment. Geographically, it operates in the Chinese Mainland and Others.
41GF Score

Get the complete analysis for FRA:C7B

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

€0.06
Price
€0.03
GF Value