China Railway Signalmmunication (FRA:RS3) Cyclically Adjusted PB Ratio: 0.74 (As of Jul. 24, 2026) — Near Median

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FRA:RS3 China Railway Signal & Communication Corp Ltd FRA:RS3
56 GF Score
Price €0.35
GF Value €0.38
Valuation Fairly Valued
! 3 Warning Signs
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What is China Railway Signalmmunication Cyclically Adjusted PB Ratio?

China Railway Signalmmunication FRA:RS3 +1.16% 56 Cyclically Adjusted PB Ratio is 0.74 as of Jul. 24, 2026, which is 1% below its 10-year median of 0.75. GuruFocus rates FRA:RS3 with a GF Score™ of 56/100 and a GF Value™ of €0.38 (Fairly Valued). The stock has 3 warning signs investors should review. Among 738 Transportation companies, China Railway Signalmmunication ranks better than 75.75% on this metric.

As of today (2026-07-24), China Railway Signalmmunication's current share price is €0.35. China Railway Signalmmunication's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was €0.47. China Railway Signalmmunication's Cyclically Adjusted PB Ratio for today is 0.74.

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

FRA:RS3' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.64   Med: 0.75   Max: 0.85
Current: 0.72

During the past 12 years, China Railway Signalmmunication's highest Cyclically Adjusted PB Ratio was 0.85. The lowest was 0.64. And the median was 0.75.

FRA:RS3's Cyclically Adjusted PB Ratio is ranked better than
75.75% of 738 companies
in the Transportation industry
Industry Median: 1.265 vs FRA:RS3: 0.72

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.

China Railway Signalmmunication's adjusted book value per share data of for the fiscal year that ended in Dec25 was €0.571. 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 €0.47 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Railway Signalmmunication  (FRA:RS3) 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 Railway Signalmmunication Cyclically Adjusted PB Ratio Related Terms


China Railway Signalmmunication Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for China Railway Signalmmunication'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 Railway Signalmmunication Cyclically Adjusted PB Ratio Chart

China Railway Signalmmunication 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 0.00 0.00 0.66 0.82 0.73

China Railway Signalmmunication Quarterly Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Jun25 Sep25 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 0.00 0.82 0.00 0.00 0.73

FRA:RS3 vs UNP, CSX, NSC: Cyclically Adjusted PB Ratio Comparison

For the Railroads subindustry, China Railway Signalmmunication'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 Railway Signalmmunication Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, China Railway Signalmmunication's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:RS3
56GF Score
China Railway Signal & Communication Corp Ltd FRA:RS3
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Railway Signalmmunication 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 Railway Signalmmunication's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.35/0.47
=0.74

* 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 Railway Signalmmunication's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, China Railway Signalmmunication'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)
=0.571/115.8323*115.8323
=0.571

Current CPI (Dec25) = 115.8323.

China Railway Signalmmunication Annual Data

Book Value per Share CPI Adj_Book
201612 0.338 102.600 0.382
201712 0.350 104.500 0.388
201812 0.420 106.500 0.457
201912 0.498 111.200 0.519
202012 0.505 111.500 0.525
202112 0.571 113.108 0.585
202212 0.580 115.116 0.584
202312 0.568 114.781 0.573
202412 0.595 114.893 0.600
202512 0.571 115.832 0.571

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 0.74 mean?
China Railway Signalmmunication (FRA:RS3) has a Cyclically Adjusted PB Ratio of 0.74 as of Jul. 24, 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 China Railway Signalmmunication and its competitors. This is near median its historical median of 0.75. Over the past decade, China Railway Signalmmunication's Cyclically Adjusted PB Ratio has ranged from 0.64 to 0.85. According to the industry distribution chart, China Railway Signalmmunication ranks #179 out of 738 companies in the Transportation industry, placing it in the top 24.3%.
Is China Railway Signalmmunication's Cyclically Adjusted PB Ratio too high?
China Railway Signalmmunication's current Cyclically Adjusted PB Ratio of 0.74 is near median its 10-year median of 0.75. Over the past 10 years, this metric has ranged from a low of 0.64 to a high of 0.85. The Transportation industry median Cyclically Adjusted PB Ratio is 1.27. China Railway Signalmmunication's value of 0.74 is 41.5% below this industry median. Based on the distribution chart, China Railway Signalmmunication ranks #179 out of 738 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, China Railway Signalmmunication has a GF Score™ of 56/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does China Railway Signalmmunication's Cyclically Adjusted PB Ratio compare to UNP and CSX?
According to the Transportation industry distribution chart, China Railway Signalmmunication ranks #179 out of 738 companies for Cyclically Adjusted PB Ratio. This places China Railway Signalmmunication in the top 24% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.27. China Railway Signalmmunication's value of 0.74 is 41.5% below this benchmark. Historically, China Railway Signalmmunication's own Cyclically Adjusted PB Ratio has ranged from 0.64 to 0.85 over the past decade. While the company's 10-year median is 0.75 vs. the industry median of 1.27, China Railway Signalmmunication 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 Transportation company?
The median Cyclically Adjusted PB Ratio among Transportation companies is 1.27, based on 738 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. China Railway Signalmmunication's current Cyclically Adjusted PB Ratio of 0.74 is 41.5% 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 China Railway Signalmmunication and its competitors. For the Transportation industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Railway Signalmmunication's current Cyclically Adjusted PB Ratio is 0.74, which is near median its own 10-year median of 0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Railway Signalmmunication stock overvalued right now?
Based on GuruFocus' analysis, China Railway Signalmmunication (FRA:RS3) is currently considered Fairly Valued. The stock's GF Value™ is €0.38, compared to a current price of €0.35 — trading 7.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.74, which is near median its 10-year median of 0.75 and 41.5% below the Transportation industry median of 1.27. China Railway Signalmmunication's overall GF Score™ is 56/100 with 3 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 China Railway Signalmmunication (FRA:RS3), the current Cyclically Adjusted PB Ratio is 0.74 as of Jul. 24, 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 China Railway Signalmmunication (FRA:RS3) Overvalued in 2026?

Based on GuruFocus' analysis, China Railway Signalmmunication stock appears to be undervalued. The current stock price of €0.35 is trading 7.9% below its estimated GF Value™ of €0.38. GuruFocus considers China Railway Signalmmunication to be Fairly Valued.

Key valuation signals for FRA:RS3:

  • Cyclically Adjusted PB Ratio: 0.74 (near median its 10-year median of 0.75)
  • GF Value™: €0.38 vs. price of €0.35 (7.9% below fair value)
  • GF Score™: 56/100 with 3 warning signs
  • Industry Position: 41.5% below the Transportation median (#179 of 738)

No single metric tells the full story. See the FRA:RS3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Railway Signalmmunication Business Description

Address Automobile Museum South Road, CRSC Building A, 1 Compound, 20th Floor, Fengtai District, Beijing, CHN, 100070
China Railway Signal & Communication Corp Ltd provides products and services on the entire industrial chain of rail transit control systems. The company's operating segments are the Rail transportation control system segment, which provides specialized three-in-one services of design and integration, equipment manufacturing, and system implementation services for rail transportation control systems; the General engineering contracting segment engages in the provision of services relating to municipal and other construction projects; and other segments mainly engage in trading. The firm generates a majority of its revenue from the Rail transportation control system segment.
56GF Score

Get the complete analysis for FRA:RS3

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

€0.35
Price
€0.38
GF Value