Lonking Holdings (FRA:C9IB) Cyclically Adjusted PB Ratio: 1.18 (As of Jul. 25, 2026) — 11% Above Median

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FRA:C9IB Lonking Holdings Ltd FRA:C9IB
66 GF Score
Price €0.33
GF Value €0.19
! 1 Warning Sign
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What is Lonking Holdings Cyclically Adjusted PB Ratio?

Lonking Holdings FRA:C9IB -1.79% 66 Cyclically Adjusted PB Ratio is 1.18 as of Jul. 25, 2026, which is 11% above its 10-year median of 1.06. GuruFocus rates FRA:C9IB with a GF Score™ of 66/100 and a GF Value™ of €0.19. The stock has 1 warning sign investors should review. Among 166 Farm & Heavy Construction Machinery companies, Lonking Holdings ranks better than 62.05% on this metric.

As of today (2026-07-25), Lonking Holdings's current share price is €0.33. Lonking Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was €0.28. Lonking Holdings's Cyclically Adjusted PB Ratio for today is 1.18.

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

FRA:C9IB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.46   Med: 1.06   Max: 2.35
Current: 1.2

During the past 13 years, Lonking Holdings's highest Cyclically Adjusted PB Ratio was 2.35. The lowest was 0.46. And the median was 1.06.

FRA:C9IB's Cyclically Adjusted PB Ratio is ranked better than
62.05% of 166 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.64 vs FRA:C9IB: 1.20

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.

Lonking Holdings's adjusted book value per share data of for the fiscal year that ended in Dec25 was €0.325. 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 €0.28 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lonking Holdings  (FRA:C9IB) 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.


Lonking Holdings Cyclically Adjusted PB Ratio Related Terms


Lonking Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Lonking 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.

Lonking Holdings Cyclically Adjusted PB Ratio Chart

Lonking 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 0.92 0.56 0.50 0.61 1.14

Lonking 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 0.50 0.00 0.61 0.00 1.14

FRA:C9IB vs CAT, DE, PCAR: Cyclically Adjusted PB Ratio Comparison

For the Farm & Heavy Construction Machinery subindustry, Lonking 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.


Lonking Holdings Cyclically Adjusted PB Ratio vs Farm & Heavy Construction Machinery Industry

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

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


FRA:C9IB
66GF Score
Lonking Holdings Ltd FRA:C9IB
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lonking 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.

Lonking Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.33/0.28
=1.18

* 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.

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

For example, Lonking 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)
=0.325/115.8323*115.8323
=0.325

Current CPI (Dec25) = 115.8323.

Lonking Holdings Annual Data

Book Value per Share CPI Adj_Book
201612 0.215 102.600 0.243
201712 0.231 104.500 0.256
201812 0.245 106.500 0.266
201912 0.272 111.200 0.283
202012 0.296 111.500 0.308
202112 0.331 113.108 0.339
202212 0.308 115.116 0.310
202312 0.299 114.781 0.302
202412 0.328 114.893 0.331
202512 0.325 115.832 0.325

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 1.18 mean?
Lonking Holdings (FRA:C9IB) has a Cyclically Adjusted PB Ratio of 1.18 as of Jul. 25, 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 Lonking Holdings and its competitors. This is 11% above median its historical median of 1.06. Over the past decade, Lonking Holdings' Cyclically Adjusted PB Ratio has ranged from 0.46 to 2.35. According to the industry distribution chart, Lonking Holdings ranks #63 out of 166 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 38%.
Is Lonking Holdings' Cyclically Adjusted PB Ratio too high?
Lonking Holdings' current Cyclically Adjusted PB Ratio of 1.18 is 11% above median its 10-year median of 1.06. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 2.35. The Farm & Heavy Construction Machinery industry median Cyclically Adjusted PB Ratio is 1.64. Lonking Holdings' value of 1.18 is 28% below this industry median. Based on the distribution chart, Lonking Holdings ranks #63 out of 166 companies in the Farm & Heavy Construction Machinery industry, which is above the industry midpoint. Overall, Lonking Holdings has a GF Score™ of 66/100, reflecting its overall financial health beyond just this single metric.
How does Lonking Holdings' Cyclically Adjusted PB Ratio compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Lonking Holdings ranks #63 out of 166 companies for Cyclically Adjusted PB Ratio. This puts Lonking Holdings in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.64. Lonking Holdings' value of 1.18 is 28% below this benchmark. Historically, Lonking Holdings' own Cyclically Adjusted PB Ratio has ranged from 0.46 to 2.35 over the past decade. While the company's 10-year median is 1.06 vs. the industry median of 1.64, Lonking Holdings 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 a Farm & Heavy Construction Machinery company?
The median Cyclically Adjusted PB Ratio among Farm & Heavy Construction Machinery companies is 1.64, based on 166 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. Lonking Holdings's current Cyclically Adjusted PB Ratio of 1.18 is 28% 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 Lonking Holdings and its competitors. For the Farm & Heavy Construction Machinery industry, the median Cyclically Adjusted PB Ratio is 1.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lonking Holdings's current Cyclically Adjusted PB Ratio is 1.18, which is 11% above median its own 10-year median of 1.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lonking Holdings stock overvalued right now?
Lonking Holdings (FRA:C9IB) has a current Cyclically Adjusted PB Ratio of 1.18. The stock's GF Value™ is €0.19, compared to a current price of €0.33 — trading 73.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.18, which is 11% above median its 10-year median of 1.06 and 28% below the Farm & Heavy Construction Machinery industry median of 1.64. Lonking Holdings' overall GF Score™ is 66/100 with 1 warning sign 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 Lonking Holdings (FRA:C9IB), the current Cyclically Adjusted PB Ratio is 1.18 as of Jul. 25, 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 Lonking Holdings (FRA:C9IB) Overvalued in 2026?

Based on GuruFocus' analysis, Lonking Holdings stock appears to be overvalued. The current stock price of €0.33 is trading 73.7% above its estimated GF Value™ of €0.19.

Key valuation signals for FRA:C9IB:

  • Cyclically Adjusted PB Ratio: 1.18 (11% above median its 10-year median of 1.06)
  • GF Value™: €0.19 vs. price of €0.33 (73.7% above fair value)
  • GF Score™: 66/100 with 1 warning sign
  • Industry Position: 28% below the Farm & Heavy Construction Machinery median (#63 of 166)

No single metric tells the full story. See the FRA:C9IB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lonking Holdings Business Description

Other Exchanges 03339:Hong Kong
Address No. 26 Mingyi Road, Xinqiao, Songjiang Industrial, Shanghai, CHN, 201612
Lonking Holdings Ltd is a construction and logistics machinery manufacturer in China. It produces wheel loaders, excavators, road rollers, forklifts, and other heavy equipment. In addition, the company supplies individual components, including gearboxes, converters, axles, and hydraulic components. The company has three operating segments: Sale of construction machinery, which generates the majority of the revenue, Finance lease of construction machinery, and Financial investment. The majority of sales are derived from China.
66GF Score

Get the complete analysis for FRA:C9IB

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

€0.33
Price
€0.19
GF Value