Chongqing Machinery & Electric Co (FRA:CE3) Cyclically Adjusted PB Ratio: 0.83 (As of Aug. 10, 2026) — 177% Above Median

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FRA:CE3 Chongqing Machinery & Electric Co Ltd FRA:CE3
53 GF Score
Price €0.22
GF Value €0.12
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Chongqing Machinery & Electric Co Cyclically Adjusted PB Ratio?

Chongqing Machinery & Electric Co FRA:CE3 +2.75% 53 Cyclically Adjusted PB Ratio is 0.83 as of Aug. 10, 2026, which is 177% above its 10-year median of 0.30. GuruFocus rates FRA:CE3 with a GF Score™ of 53/100 and a GF Value™ of €0.12 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,242 Industrial Products companies, Chongqing Machinery & Electric Co ranks better than 78.72% on this metric.

As of today (2026-08-10), Chongqing Machinery & Electric Co's current share price is €0.224. Chongqing Machinery & Electric Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was €0.27. Chongqing Machinery & Electric Co's Cyclically Adjusted PB Ratio for today is 0.83.

The historical rank and industry rank for Chongqing Machinery & Electric Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:CE3' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.3   Max: 1.56
Current: 0.9

During the past 13 years, Chongqing Machinery & Electric Co's highest Cyclically Adjusted PB Ratio was 1.56. The lowest was 0.19. And the median was 0.30.

FRA:CE3's Cyclically Adjusted PB Ratio is ranked better than
78.72% of 2242 companies
in the Industrial Products industry
Industry Median: 2.195 vs FRA:CE3: 0.90

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.

Chongqing Machinery & Electric Co's adjusted book value per share data of for the fiscal year that ended in Dec25 was €0.290. 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 €0.27 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chongqing Machinery & Electric Co  (FRA:CE3) 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.


Chongqing Machinery & Electric Co Cyclically Adjusted PB Ratio Related Terms


Chongqing Machinery & Electric Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Chongqing Machinery & Electric 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.

Chongqing Machinery & Electric Co Cyclically Adjusted PB Ratio Chart

Chongqing Machinery & Electric 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 0.30 0.27 0.38 0.34 0.77

Chongqing Machinery & Electric 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 0.38 0.00 0.34 0.00 0.77

FRA:CE3 vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Chongqing Machinery & Electric 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.


Chongqing Machinery & Electric Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Chongqing Machinery & Electric Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Chongqing Machinery & Electric Co's Cyclically Adjusted PB Ratio falls into.


FRA:CE3
53GF Score
Chongqing Machinery & Electric Co Ltd FRA:CE3
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Chongqing Machinery & Electric 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.

Chongqing Machinery & Electric Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.224/0.27
=0.83

* 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.

Chongqing Machinery & Electric Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Chongqing Machinery & Electric 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)
=0.29/115.8323*115.8323
=0.290

Current CPI (Dec25) = 115.8323.

Chongqing Machinery & Electric Co Annual Data

Book Value per Share CPI Adj_Book
201612 0.245 102.600 0.277
201712 0.236 104.500 0.262
201812 0.236 106.500 0.257
201912 0.238 111.200 0.248
202012 0.240 111.500 0.249
202112 0.277 113.108 0.284
202212 0.278 115.116 0.280
202312 0.269 114.781 0.271
202412 0.288 114.893 0.290
202512 0.290 115.832 0.290

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 0.83 mean?
Chongqing Machinery & Electric Co (FRA:CE3) has a Cyclically Adjusted PB Ratio of 0.83 as of Aug. 10, 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 Chongqing Machinery & Electric Co and its competitors. This is 177% above median its historical median of 0.30. Over the past decade, Chongqing Machinery & Electric Co's Cyclically Adjusted PB Ratio has ranged from 0.19 to 1.56. According to the industry distribution chart, Chongqing Machinery & Electric Co ranks #477 out of 2242 companies in the Industrial Products industry, placing it in the top 21.3%.
Is Chongqing Machinery & Electric Co's Cyclically Adjusted PB Ratio too high?
Chongqing Machinery & Electric Co's current Cyclically Adjusted PB Ratio of 0.83 is 177% above median its 10-year median of 0.30. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 1.56. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.20. Chongqing Machinery & Electric Co's value of 0.83 is 62.2% below this industry median. Based on the distribution chart, Chongqing Machinery & Electric Co ranks #477 out of 2242 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Chongqing Machinery & Electric Co has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chongqing Machinery & Electric Co's Cyclically Adjusted PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Chongqing Machinery & Electric Co ranks #477 out of 2242 companies for Cyclically Adjusted PB Ratio. This places Chongqing Machinery & Electric Co in the top 21% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.20. Chongqing Machinery & Electric Co's value of 0.83 is 62.2% below this benchmark. Historically, Chongqing Machinery & Electric Co's own Cyclically Adjusted PB Ratio has ranged from 0.19 to 1.56 over the past decade. While the company's 10-year median is 0.30 vs. the industry median of 2.20, Chongqing Machinery & Electric 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 Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.20, based on 2,242 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. Chongqing Machinery & Electric Co's current Cyclically Adjusted PB Ratio of 0.83 is 62.2% 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 Chongqing Machinery & Electric Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chongqing Machinery & Electric Co's current Cyclically Adjusted PB Ratio is 0.83, which is 177% above median its own 10-year median of 0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chongqing Machinery & Electric Co stock overvalued right now?
Based on GuruFocus' analysis, Chongqing Machinery & Electric Co (FRA:CE3) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.12, compared to a current price of €0.22 — trading 86.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.83, which is 177% above median its 10-year median of 0.30 and 62.2% below the Industrial Products industry median of 2.20. Chongqing Machinery & Electric Co's overall GF Score™ is 53/100 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 Chongqing Machinery & Electric Co (FRA:CE3), the current Cyclically Adjusted PB Ratio is 0.83 as of Aug. 10, 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 Chongqing Machinery & Electric Co (FRA:CE3) Overvalued in 2026?

Based on GuruFocus' analysis, Chongqing Machinery & Electric Co stock appears to be overvalued. The current stock price of €0.22 is trading 86.7% above its estimated GF Value™ of €0.12. GuruFocus considers Chongqing Machinery & Electric Co to be Significantly Overvalued.

Key valuation signals for FRA:CE3:

  • Cyclically Adjusted PB Ratio: 0.83 (177% above median its 10-year median of 0.30)
  • GF Value™: €0.12 vs. price of €0.22 (86.7% above fair value)
  • GF Score™: 53/100 with 4 warning signs
  • Industry Position: 62.2% below the Industrial Products median (#477 of 2242)

No single metric tells the full story. See the FRA:CE3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chongqing Machinery & Electric Co Business Description

Other Exchanges 02722:Hong Kong
Address No. 60 Middle Section of Huangshan Avenue, New North Zone, Liangjiang New District, Chongqing, CHN, 401123
Chongqing Machinery & Electric Co Ltd is principally engaged in designing, manufacturing, and sales of automobile parts and components, power equipment, general machinery, CNC machine tools, and trade & finance business. It also engages in the operation of equipment manufacturing, real estate development, financial investment, import and export trade, advisory services, and new technology. The company's operating segments include Engine division, General machinery division, Wind turbine blade division, Wire and cable division, Intelligent manufacturing division, CNC machine tools division, High voltage transformer division, Material sales division, Financial services division, and Other divisions. Maximum revenue is generated from the Wind turbine blade segment.
53GF Score

Get the complete analysis for FRA:CE3

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

€0.22
Price
€0.12
GF Value