Cosco Shipping Development Co (FRA:EZ5) Cyclically Adjusted PB Ratio: 1.02 (As of Aug. 14, 2026) — 18% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
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:EZ5 Cosco Shipping Development Co Ltd FRA:EZ5
58 GF Score
Price €0.09
GF Value €0.11
Valuation Modestly Undervalued
! 8 Warning Signs
View Full Analysis

What is Cosco Shipping Development Co Cyclically Adjusted PB Ratio?

Cosco Shipping Development Co FRA:EZ5 -1.93% 58 Cyclically Adjusted PB Ratio is 1.02 as of Aug. 14, 2026, which is 18% below its 10-year median of 1.25. GuruFocus rates FRA:EZ5 with a GF Score™ of 58/100 and a GF Value™ of €0.11 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 209 Aerospace & Defense companies, Cosco Shipping Development Co ranks better than 82.78% on this metric.

As of today (2026-08-14), Cosco Shipping Development Co's current share price is €0.0916. Cosco Shipping Development Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €0.09. Cosco Shipping Development Co's Cyclically Adjusted PB Ratio for today is 1.02.

The historical rank and industry rank for Cosco Shipping Development Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:EZ5' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.83   Med: 1.25   Max: 2.29
Current: 1.18

During the past years, Cosco Shipping Development Co's highest Cyclically Adjusted PB Ratio was 2.29. The lowest was 0.83. And the median was 1.25.

FRA:EZ5's Cyclically Adjusted PB Ratio is ranked better than
82.78% of 209 companies
in the Aerospace & Defense industry
Industry Median: 3.47 vs FRA:EZ5: 1.18

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.

Cosco Shipping Development Co's adjusted book value per share data for the three months ended in Mar. 2026 was €0.296. 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 €0.09 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cosco Shipping Development Co  (FRA:EZ5) 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.


Cosco Shipping Development Co Cyclically Adjusted PB Ratio Related Terms


Cosco Shipping Development Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Cosco Shipping Development 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.

Cosco Shipping Development Co Cyclically Adjusted PB Ratio Chart

Cosco Shipping Development 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 1.54 1.15 1.14 1.28 1.26

Cosco Shipping Development Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.15 1.22 1.24 1.26 1.34

FRA:EZ5 vs SPCX, GE, RTX: Cyclically Adjusted PB Ratio Comparison

For the Aerospace & Defense subindustry, Cosco Shipping Development 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.


Cosco Shipping Development Co Cyclically Adjusted PB Ratio vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Cosco Shipping Development Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Cosco Shipping Development Co's Cyclically Adjusted PB Ratio falls into.


FRA:EZ5
58GF Score
Cosco Shipping Development Co Ltd FRA:EZ5
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cosco Shipping Development 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.

Cosco Shipping Development Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.0916/0.09
=1.02

* 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.

Cosco Shipping Development Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Cosco Shipping Development Co's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.296/116.3033*116.3033
=0.296

Current CPI (Mar. 2026) = 116.3033.

Cosco Shipping Development Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.160 101.400 0.184
201609 0.159 102.400 0.181
201612 0.155 102.600 0.176
201703 0.159 103.200 0.179
201706 0.159 103.100 0.179
201709 0.157 104.100 0.175
201712 0.177 104.500 0.197
201803 0.185 105.300 0.204
201806 0.185 104.900 0.205
201809 0.178 106.600 0.194
201812 0.197 106.500 0.215
201903 0.234 107.700 0.253
201906 0.260 107.700 0.281
201909 0.261 109.800 0.276
201912 0.268 111.200 0.280
202003 0.271 112.300 0.281
202006 0.259 110.400 0.273
202009 0.270 111.700 0.281
202012 0.297 111.500 0.310
202103 0.278 112.662 0.287
202106 0.289 111.769 0.301
202109 0.277 112.215 0.287
202112 0.334 113.108 0.343
202203 0.343 114.335 0.349
202206 0.289 114.558 0.293
202209 0.308 115.339 0.311
202212 0.288 115.116 0.291
202303 0.289 115.116 0.292
202306 0.275 114.558 0.279
202309 0.274 115.339 0.276
202312 0.277 114.781 0.281
202403 0.279 115.227 0.282
202406 0.281 114.781 0.285
202409 0.284 115.785 0.285
202412 0.293 114.893 0.297
202503 0.289 115.116 0.292
202506 0.278 114.907 0.281
202509 0.278 115.471 0.280
202512 0.283 115.832 0.284
202603 0.296 116.303 0.296

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 1.02 mean?
Cosco Shipping Development Co (FRA:EZ5) has a Cyclically Adjusted PB Ratio of 1.02 as of Aug. 14, 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 Cosco Shipping Development Co and its competitors. This is 18% below median its historical median of 1.25. Over the past decade, Cosco Shipping Development Co's Cyclically Adjusted PB Ratio has ranged from 0.83 to 2.29. According to the industry distribution chart, Cosco Shipping Development Co ranks #36 out of 209 companies in the Aerospace & Defense industry, placing it in the top 17.2%.
Is Cosco Shipping Development Co's Cyclically Adjusted PB Ratio too high?
Cosco Shipping Development Co's current Cyclically Adjusted PB Ratio of 1.02 is 18% below median its 10-year median of 1.25. Over the past 10 years, this metric has ranged from a low of 0.83 to a high of 2.29. The Aerospace & Defense industry median Cyclically Adjusted PB Ratio is 3.47. Cosco Shipping Development Co's value of 1.02 is 70.6% below this industry median. Based on the distribution chart, Cosco Shipping Development Co ranks #36 out of 209 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, Cosco Shipping Development Co has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cosco Shipping Development Co's Cyclically Adjusted PB Ratio compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Cosco Shipping Development Co ranks #36 out of 209 companies for Cyclically Adjusted PB Ratio. This places Cosco Shipping Development Co in the top 17% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 3.47. Cosco Shipping Development Co's value of 1.02 is 70.6% below this benchmark. Historically, Cosco Shipping Development Co's own Cyclically Adjusted PB Ratio has ranged from 0.83 to 2.29 over the past decade. While the company's 10-year median is 1.25 vs. the industry median of 3.47, Cosco Shipping Development 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 Aerospace & Defense company?
The median Cyclically Adjusted PB Ratio among Aerospace & Defense companies is 3.47, based on 209 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. Cosco Shipping Development Co's current Cyclically Adjusted PB Ratio of 1.02 is 70.6% 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 Cosco Shipping Development Co and its competitors. For the Aerospace & Defense industry, the median Cyclically Adjusted PB Ratio is 3.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cosco Shipping Development Co's current Cyclically Adjusted PB Ratio is 1.02, which is 18% below median its own 10-year median of 1.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cosco Shipping Development Co stock overvalued right now?
Based on GuruFocus' analysis, Cosco Shipping Development Co (FRA:EZ5) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.11, compared to a current price of €0.09 — trading 16.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.02, which is 18% below median its 10-year median of 1.25 and 70.6% below the Aerospace & Defense industry median of 3.47. Cosco Shipping Development Co's overall GF Score™ is 58/100 with 8 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 Cosco Shipping Development Co (FRA:EZ5), the current Cyclically Adjusted PB Ratio is 1.02 as of Aug. 14, 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 Cosco Shipping Development Co (FRA:EZ5) Overvalued in 2026?

Based on GuruFocus' analysis, Cosco Shipping Development Co stock appears to be undervalued. The current stock price of €0.09 is trading 16.7% below its estimated GF Value™ of €0.11. GuruFocus considers Cosco Shipping Development Co to be Modestly Undervalued.

Key valuation signals for FRA:EZ5:

  • Cyclically Adjusted PB Ratio: 1.02 (18% below median its 10-year median of 1.25)
  • GF Value™: €0.11 vs. price of €0.09 (16.7% below fair value)
  • GF Score™: 58/100 with 8 warning signs
  • Industry Position: 70.6% below the Aerospace & Defense median (#36 of 209)

No single metric tells the full story. See the FRA:EZ5 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cosco Shipping Development Co Business Description

Address Lane 1318 Shangcheng Road, No. 1 Building, Pudong New Area, Shanghai, CHN, 200127
Cosco Shipping Development Co Ltd is a China-based company operating and managing container shipping. Its services include container transportation, vessel chartering, cargo canvassing and booking, customs clearance, depot services, container construction, sales, purchase, and vessel management. The operating business segments are the Shipping leasing and container leasing business segment, which derives maximum revenue, renders vessel chartering, container leasing, and finance lease services; the Container manufacturing segment, which manufactures and sells containers; the Investment management business segment, which focuses on equity or debt investment and insurance brokerage services. geographically , the company derives maximum revenue from Chinese Mainland.
58GF Score

Get the complete analysis for FRA:EZ5

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

€0.09
Price
€0.11
GF Value