Zhejiang Shibao Co (FRA:W4K1) Cyclically Adjusted PB Ratio: 7.10 (As of Aug. 29, 2026) — 22% Above Median

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FRA:W4K1 Zhejiang Shibao Co Ltd FRA:W4K1
57 GF Score
Price €0.43
GF Value €0.52
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Zhejiang Shibao Co Cyclically Adjusted PB Ratio?

Zhejiang Shibao Co FRA:W4K1 -4.91% 57 Cyclically Adjusted PB Ratio is 7.10 as of Aug. 29, 2026, which is 22% above its 10-year median of 5.80. GuruFocus rates FRA:W4K1 with a GF Score™ of 57/100 and a GF Value™ of €0.52 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 927 Vehicles & Parts companies, Zhejiang Shibao Co ranks worse than 95.58% on this metric.

As of today (2026-08-29), Zhejiang Shibao Co's current share price is €0.426. Zhejiang Shibao Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €0.06. Zhejiang Shibao Co's Cyclically Adjusted PB Ratio for today is 7.10.

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

FRA:W4K1' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.45   Med: 5.8   Max: 12.23
Current: 7.9

During the past years, Zhejiang Shibao Co's highest Cyclically Adjusted PB Ratio was 12.23. The lowest was 2.45. And the median was 5.80.

FRA:W4K1's Cyclically Adjusted PB Ratio is ranked worse than
95.58% of 927 companies
in the Vehicles & Parts industry
Industry Median: 1.22 vs FRA:W4K1: 7.90

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.

Zhejiang Shibao Co's adjusted book value per share data for the three months ended in Jun. 2026 was €0.339. 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 €0.06 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zhejiang Shibao Co  (FRA:W4K1) 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.


Zhejiang Shibao Co Cyclically Adjusted PB Ratio Related Terms


Zhejiang Shibao Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Zhejiang Shibao 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.

Zhejiang Shibao Co Cyclically Adjusted PB Ratio Chart

Zhejiang Shibao 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 3.62 5.11 7.00 5.64 9.93

Zhejiang Shibao Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 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 6.46 6.85 9.93 9.61 6.75

FRA:W4K1 vs ORLY, AZO: Cyclically Adjusted PB Ratio Comparison

For the Auto Parts subindustry, Zhejiang Shibao 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.


Zhejiang Shibao Co Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Zhejiang Shibao Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Zhejiang Shibao Co's Cyclically Adjusted PB Ratio falls into.


FRA:W4K1
57GF Score
Zhejiang Shibao Co Ltd FRA:W4K1
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zhejiang Shibao 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.

Zhejiang Shibao Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.426/0.06
=7.10

* 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.

Zhejiang Shibao Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Zhejiang Shibao Co's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.339/121.3631*121.3631
=0.339

Current CPI (Jun. 2026) = 121.3631.

Zhejiang Shibao Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.247 102.565 0.292
201612 0.256 103.225 0.301
201703 0.256 103.335 0.301
201706 0.245 103.664 0.287
201709 0.240 103.994 0.280
201712 0.239 104.984 0.276
201803 0.239 105.973 0.274
201806 0.246 106.193 0.281
201809 0.232 106.852 0.264
201812 0.239 107.622 0.270
201903 0.245 108.172 0.275
201906 0.237 109.601 0.262
201909 0.233 110.260 0.256
201912 0.212 110.700 0.232
202003 0.212 110.920 0.232
202006 0.209 110.590 0.229
202009 0.212 107.512 0.239
202012 0.214 109.711 0.237
202103 0.223 111.579 0.243
202106 0.225 111.360 0.245
202109 0.231 109.051 0.257
202112 0.242 112.349 0.261
202203 0.249 113.558 0.266
202206 0.247 113.448 0.264
202209 0.252 113.778 0.269
202212 0.239 114.548 0.253
202303 0.241 115.427 0.253
202306 0.231 115.647 0.242
202309 0.233 116.087 0.244
202312 0.239 117.296 0.247
202403 0.285 117.735 0.294
202406 0.293 117.296 0.303
202409 0.295 118.615 0.302
202412 0.310 118.945 0.316
202503 0.309 119.384 0.314
202506 0.292 119.055 0.298
202509 0.297 119.934 0.301
202512 0.306 120.704 0.308
202603 0.323 121.473 0.323
202606 0.339 121.363 0.339

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 7.10 mean?
Zhejiang Shibao Co (FRA:W4K1) has a Cyclically Adjusted PB Ratio of 7.10 as of Aug. 29, 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 Zhejiang Shibao Co and its competitors. This is 22% above median its historical median of 5.80. Over the past decade, Zhejiang Shibao Co's Cyclically Adjusted PB Ratio has ranged from 2.45 to 12.23. According to the industry distribution chart, Zhejiang Shibao Co ranks #886 out of 927 companies in the Vehicles & Parts industry, placing it in the top 95.6%.
Is Zhejiang Shibao Co's Cyclically Adjusted PB Ratio too high?
Zhejiang Shibao Co's current Cyclically Adjusted PB Ratio of 7.10 is 22% above median its 10-year median of 5.80. Over the past 10 years, this metric has ranged from a low of 2.45 to a high of 12.23. The Vehicles & Parts industry median Cyclically Adjusted PB Ratio is 1.22. Zhejiang Shibao Co's value of 7.10 is 482% above this industry median. Based on the distribution chart, Zhejiang Shibao Co ranks #886 out of 927 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Zhejiang Shibao Co has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Shibao Co's Cyclically Adjusted PB Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Zhejiang Shibao Co ranks #886 out of 927 companies for Cyclically Adjusted PB Ratio. This places Zhejiang Shibao Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.22. Zhejiang Shibao Co's value of 7.10 is 482% above this benchmark. Historically, Zhejiang Shibao Co's own Cyclically Adjusted PB Ratio has ranged from 2.45 to 12.23 over the past decade. While the company's 10-year median is 5.80 vs. the industry median of 1.22, Zhejiang Shibao Co has consistently been above 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 Vehicles & Parts company?
The median Cyclically Adjusted PB Ratio among Vehicles & Parts companies is 1.22, based on 927 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. Zhejiang Shibao Co's current Cyclically Adjusted PB Ratio of 7.10 is 482% above 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 Zhejiang Shibao Co and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PB Ratio is 1.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Shibao Co's current Cyclically Adjusted PB Ratio is 7.10, which is 22% above median its own 10-year median of 5.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Shibao Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Shibao Co (FRA:W4K1) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.52, compared to a current price of €0.43 — trading 18.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 7.10, which is 22% above median its 10-year median of 5.80 and 482% above the Vehicles & Parts industry median of 1.22. Zhejiang Shibao Co's overall GF Score™ is 57/100 with 2 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 Zhejiang Shibao Co (FRA:W4K1), the current Cyclically Adjusted PB Ratio is 7.10 as of Aug. 29, 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 Zhejiang Shibao Co (FRA:W4K1) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Shibao Co stock appears to be undervalued. The current stock price of €0.43 is trading 18.1% below its estimated GF Value™ of €0.52. GuruFocus considers Zhejiang Shibao Co to be Modestly Undervalued.

Key valuation signals for FRA:W4K1:

  • Cyclically Adjusted PB Ratio: 7.10 (22% above median its 10-year median of 5.80)
  • GF Value™: €0.52 vs. price of €0.43 (18.1% below fair value)
  • GF Score™: 57/100 with 2 warning signs
  • Industry Position: 482% above the Vehicles & Parts median (#886 of 927)

No single metric tells the full story. See the FRA:W4K1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhejiang Shibao Co Business Description

Other Exchanges 01057:Hong Kong002703:China
Address 228 Queen’s Road East, Unit C, 5th Floor, Jonsim Place, Wanchai, Hong Kong, HKG
Zhejiang Shibao Co Ltd is engaged in the development, design, manufacture, and sales of automotive steering gears and other key components and parts of the steering system. The company has five production sites in Hangzhou, Yiwu, Siping, and Wuhu, as well as a group research institute in Hangzhou and an automotive intelligent technology research and development center in Beijing. The company is capable of providing all kinds of steering products for commercial cars, passenger cars, and new energy cars. The company derives a majority of revenue domestically from China.
57GF Score

Get the complete analysis for FRA:W4K1

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

€0.43
Price
€0.52
GF Value