ZCZL Industrial Technology Group Co (FRA:ZGC) Cyclically Adjusted PB Ratio: 1.60 (As of Sep. 09, 2026) — Near Median

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FRA:ZGC ZCZL Industrial Technology Group Co Ltd FRA:ZGC
79 GF Score
Price €1.38
GF Value €1.61
! 2 Warning Signs
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What is ZCZL Industrial Technology Group Co Cyclically Adjusted PB Ratio?

ZCZL Industrial Technology Group Co FRA:ZGC +0.73% 79 Cyclically Adjusted PB Ratio is 1.60 as of Sep. 09, 2026, which is 5% below its 10-year median of 1.69. GuruFocus rates FRA:ZGC with a GF Score™ of 79/100 and a GF Value™ of €1.61. The stock has 2 warning signs investors should review. Among 158 Farm & Heavy Construction Machinery companies, ZCZL Industrial Technology Group Co ranks worse than 50.63% on this metric.

As of today (2026-09-09), ZCZL Industrial Technology Group Co's current share price is €1.38. ZCZL Industrial Technology Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €0.86. ZCZL Industrial Technology Group Co's Cyclically Adjusted PB Ratio for today is 1.60.

The historical rank and industry rank for ZCZL Industrial Technology Group Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:ZGC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.81   Med: 1.69   Max: 2.9
Current: 1.57

During the past years, ZCZL Industrial Technology Group Co's highest Cyclically Adjusted PB Ratio was 2.90. The lowest was 0.81. And the median was 1.69.

FRA:ZGC's Cyclically Adjusted PB Ratio is ranked worse than
50.63% of 158 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.59 vs FRA:ZGC: 1.57

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.

ZCZL Industrial Technology Group Co's adjusted book value per share data for the three months ended in Jun. 2026 was €1.700. 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 €0.86 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


ZCZL Industrial Technology Group Co  (FRA:ZGC) 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.


ZCZL Industrial Technology Group Co Cyclically Adjusted PB Ratio Related Terms


ZCZL Industrial Technology Group Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for ZCZL Industrial Technology Group 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.

ZCZL Industrial Technology Group Co Cyclically Adjusted PB Ratio Chart

ZCZL Industrial Technology Group 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 1.68 1.52 1.64 1.57 2.74

ZCZL Industrial Technology Group 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 1.94 2.84 2.74 2.22 1.49

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

For the Farm & Heavy Construction Machinery subindustry, ZCZL Industrial Technology Group 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.


ZCZL Industrial Technology Group Co Cyclically Adjusted PB Ratio vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, ZCZL Industrial Technology Group Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where ZCZL Industrial Technology Group Co's Cyclically Adjusted PB Ratio falls into.


FRA:ZGC
79GF Score
ZCZL Industrial Technology Group Co Ltd FRA:ZGC
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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ZCZL Industrial Technology Group 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.

ZCZL Industrial Technology Group Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.38/0.86
=1.60

* 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.

ZCZL Industrial Technology Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, ZCZL Industrial Technology Group 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)
=1.7/116.0564*116.0564
=1.700

Current CPI (Jun. 2026) = 116.0564.

ZCZL Industrial Technology Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.793 102.400 0.899
201612 0.818 102.600 0.925
201703 0.828 103.200 0.931
201706 0.806 103.100 0.907
201709 0.801 104.100 0.893
201712 0.799 104.500 0.887
201803 0.811 105.300 0.894
201806 0.851 104.900 0.942
201809 0.823 106.600 0.896
201812 0.844 106.500 0.920
201903 0.896 107.700 0.966
201906 0.885 107.700 0.954
201909 0.902 109.800 0.953
201912 0.907 111.200 0.947
202003 0.932 112.300 0.963
202006 0.938 110.400 0.986
202009 0.936 111.700 0.973
202012 0.948 111.500 0.987
202103 0.984 112.662 1.014
202106 1.008 111.769 1.047
202109 1.059 112.215 1.095
202112 1.155 113.108 1.185
202203 1.266 114.335 1.285
202206 1.266 114.558 1.283
202209 1.385 115.339 1.394
202212 1.356 115.116 1.367
202303 1.418 115.116 1.430
202306 1.354 114.558 1.372
202309 1.407 115.339 1.416
202312 1.469 114.781 1.485
202403 1.531 115.227 1.542
202406 1.506 114.781 1.523
202409 1.569 115.785 1.573
202412 1.613 114.893 1.629
202503 1.604 115.116 1.617
202506 1.488 114.907 1.503
202509 1.551 115.471 1.559
202512 1.643 115.832 1.646
202603 1.761 116.303 1.757
202606 1.700 116.056 1.700

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 1.60 mean?
ZCZL Industrial Technology Group Co (FRA:ZGC) has a Cyclically Adjusted PB Ratio of 1.60 as of Sep. 09, 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 ZCZL Industrial Technology Group Co and its competitors. This is near median its historical median of 1.69. Over the past decade, ZCZL Industrial Technology Group Co's Cyclically Adjusted PB Ratio has ranged from 0.81 to 2.90. According to the industry distribution chart, ZCZL Industrial Technology Group Co ranks #80 out of 158 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 50.6%.
Is ZCZL Industrial Technology Group Co's Cyclically Adjusted PB Ratio too high?
ZCZL Industrial Technology Group Co's current Cyclically Adjusted PB Ratio of 1.60 is near median its 10-year median of 1.69. Over the past 10 years, this metric has ranged from a low of 0.81 to a high of 2.90. The Farm & Heavy Construction Machinery industry median Cyclically Adjusted PB Ratio is 1.59. ZCZL Industrial Technology Group Co's value of 1.60 is 0.6% above this industry median. Based on the distribution chart, ZCZL Industrial Technology Group Co ranks #80 out of 158 companies in the Farm & Heavy Construction Machinery industry, which is below the industry midpoint. Overall, ZCZL Industrial Technology Group Co has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does ZCZL Industrial Technology Group Co's Cyclically Adjusted PB Ratio compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, ZCZL Industrial Technology Group Co ranks #80 out of 158 companies for Cyclically Adjusted PB Ratio. This places ZCZL Industrial Technology Group Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.59. ZCZL Industrial Technology Group Co's value of 1.60 is 0.6% above this benchmark. Historically, ZCZL Industrial Technology Group Co's own Cyclically Adjusted PB Ratio has ranged from 0.81 to 2.90 over the past decade. While the company's 10-year median is 1.69 vs. the industry median of 1.59, ZCZL Industrial Technology Group 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 Farm & Heavy Construction Machinery company?
The median Cyclically Adjusted PB Ratio among Farm & Heavy Construction Machinery companies is 1.59, based on 158 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. ZCZL Industrial Technology Group Co's current Cyclically Adjusted PB Ratio of 1.60 is 0.6% 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 ZCZL Industrial Technology Group Co and its competitors. For the Farm & Heavy Construction Machinery industry, the median Cyclically Adjusted PB Ratio is 1.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ZCZL Industrial Technology Group Co's current Cyclically Adjusted PB Ratio is 1.60, which is near median its own 10-year median of 1.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ZCZL Industrial Technology Group Co stock overvalued right now?
ZCZL Industrial Technology Group Co (FRA:ZGC) has a current Cyclically Adjusted PB Ratio of 1.60. The stock's GF Value™ is €1.61, compared to a current price of €1.38 — trading 14.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.60, which is near median its 10-year median of 1.69 and 0.6% above the Farm & Heavy Construction Machinery industry median of 1.59. ZCZL Industrial Technology Group Co's overall GF Score™ is 79/100 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 ZCZL Industrial Technology Group Co (FRA:ZGC), the current Cyclically Adjusted PB Ratio is 1.60 as of Sep. 09, 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 ZCZL Industrial Technology Group Co (FRA:ZGC) Overvalued in 2026?

Based on GuruFocus' analysis, ZCZL Industrial Technology Group Co stock appears to be undervalued. The current stock price of €1.38 is trading 14.3% below its estimated GF Value™ of €1.61.

Key valuation signals for FRA:ZGC:

  • Cyclically Adjusted PB Ratio: 1.60 (near median its 10-year median of 1.69)
  • GF Value™: €1.61 vs. price of €1.38 (14.3% below fair value)
  • GF Score™: 79/100 with 2 warning signs
  • Industry Position: 0.6% above the Farm & Heavy Construction Machinery median (#80 of 158)

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


ZCZL Industrial Technology Group Co Business Description

Other Exchanges 00564:Hong Kong601717:China
Address No. 167, 9th Street, Econ-Tech Development Zone, Henan Provincex, Pilot Free Trade Zone, Jingkai District, Zhengzhou, CHN, 450016
ZCZL Industrial Technology Group Co Ltd is an investment holding company. The Group is a supplier of coal mining comprehensive technology and equipment, and automotive parts manufacturing enterprise. The company's operating segment includes the manufacture of coal mining machinery, the manufacture of auto parts, and Industrial intelligence products. The main products are Intelligent working faces, Filling support, Caving support, Shield Support, Scraper Machine, and others. Geographically, the company operates in the PRC, Germany, and other countries.
79GF Score

Get the complete analysis for FRA:ZGC

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

€1.38
Price
€1.61
GF Value