Zhuzhou CRRC Times Electric Co (FRA:ZTX) Cyclically Adjusted PB Ratio: 1.72 (As of Aug. 05, 2026) — 15% Below Median

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FRA:ZTX Zhuzhou CRRC Times Electric Co Ltd FRA:ZTX
92 GF Score
Price €3.82
GF Value €4.79
! 6 Warning Signs
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What is Zhuzhou CRRC Times Electric Co Cyclically Adjusted PB Ratio?

Zhuzhou CRRC Times Electric Co FRA:ZTX -0.52% 92 Cyclically Adjusted PB Ratio is 1.72 as of Aug. 05, 2026, which is 15% below its 10-year median of 2.02. GuruFocus rates FRA:ZTX with a GF Score™ of 92/100 and a GF Value™ of €4.79. The stock has 6 warning signs investors should review. Among 737 Transportation companies, Zhuzhou CRRC Times Electric Co ranks worse than 64.99% on this metric.

As of today (2026-08-05), Zhuzhou CRRC Times Electric Co's current share price is €3.82. Zhuzhou CRRC Times Electric Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €2.22. Zhuzhou CRRC Times Electric Co's Cyclically Adjusted PB Ratio for today is 1.72.

The historical rank and industry rank for Zhuzhou CRRC Times Electric Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:ZTX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.61   Med: 2.02   Max: 2.38
Current: 1.72

During the past years, Zhuzhou CRRC Times Electric Co's highest Cyclically Adjusted PB Ratio was 2.38. The lowest was 1.61. And the median was 2.02.

FRA:ZTX's Cyclically Adjusted PB Ratio is ranked worse than
64.99% of 737 companies
in the Transportation industry
Industry Median: 1.26 vs FRA:ZTX: 1.72

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.

Zhuzhou CRRC Times Electric Co's adjusted book value per share data for the three months ended in Mar. 2026 was €4.002. 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 €2.22 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zhuzhou CRRC Times Electric Co  (FRA:ZTX) 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.


Zhuzhou CRRC Times Electric Co Cyclically Adjusted PB Ratio Related Terms


Zhuzhou CRRC Times Electric Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Zhuzhou CRRC Times 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.

Zhuzhou CRRC Times Electric Co Cyclically Adjusted PB Ratio Chart

Zhuzhou CRRC Times 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 0.00 0.00 0.00 0.00 1.91

Zhuzhou CRRC Times Electric Co Quarterly Data
Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 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 0.00 1.76 2.28 1.91 1.78

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

For the Railroads subindustry, Zhuzhou CRRC Times 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.


Zhuzhou CRRC Times Electric Co Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Zhuzhou CRRC Times Electric Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Zhuzhou CRRC Times Electric Co's Cyclically Adjusted PB Ratio falls into.


FRA:ZTX
92GF Score
Zhuzhou CRRC Times Electric Co Ltd FRA:ZTX
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhuzhou CRRC Times 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.

Zhuzhou CRRC Times Electric Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.82/2.22
=1.72

* 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.

Zhuzhou CRRC Times Electric Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Zhuzhou CRRC Times Electric 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)
=4.002/116.3033*116.3033
=4.002

Current CPI (Mar. 2026) = 116.3033.

Zhuzhou CRRC Times Electric Co Quarterly Data

Book Value per Share CPI Adj_Book
200812 0.339 83.956 0.470
200912 0.350 85.386 0.477
201006 0.451 85.886 0.611
201012 0.469 89.289 0.611
201106 0.496 91.612 0.630
201112 0.587 92.885 0.735
201206 0.635 93.495 0.790
201212 0.697 95.237 0.851
201306 0.705 95.984 0.854
201312 0.922 97.624 1.098
201406 0.952 98.200 1.128
201412 1.225 99.000 1.439
201506 1.435 99.500 1.677
201512 1.669 100.600 1.930
201606 1.625 101.400 1.864
201612 1.842 102.600 2.088
201706 1.824 103.100 2.058
201712 1.937 104.500 2.156
201806 2.056 104.900 2.280
201812 2.154 106.500 2.352
201906 2.218 107.700 2.395
201912 2.392 111.200 2.502
202006 2.358 110.400 2.484
202012 2.551 111.500 2.661
202106 2.698 111.769 2.807
202112 3.200 113.108 3.290
202206 3.282 114.558 3.332
202212 3.301 115.116 3.335
202306 3.182 114.558 3.230
202309 3.252 115.339 3.279
202312 3.355 114.781 3.399
202403 3.382 115.227 3.414
202406 3.585 114.781 3.633
202409 3.657 115.785 3.673
202412 3.885 114.893 3.933
202503 3.845 115.116 3.885
202506 3.615 114.907 3.659
202509 3.621 115.471 3.647
202512 3.794 115.832 3.809
202603 4.002 116.303 4.002

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 1.72 mean?
Zhuzhou CRRC Times Electric Co (FRA:ZTX) has a Cyclically Adjusted PB Ratio of 1.72 as of Aug. 05, 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 Zhuzhou CRRC Times Electric Co and its competitors. This is 15% below median its historical median of 2.02. Over the past decade, Zhuzhou CRRC Times Electric Co's Cyclically Adjusted PB Ratio has ranged from 1.61 to 2.38. According to the industry distribution chart, Zhuzhou CRRC Times Electric Co ranks #479 out of 737 companies in the Transportation industry, placing it in the top 65%.
Is Zhuzhou CRRC Times Electric Co's Cyclically Adjusted PB Ratio too high?
Zhuzhou CRRC Times Electric Co's current Cyclically Adjusted PB Ratio of 1.72 is 15% below median its 10-year median of 2.02. Over the past 10 years, this metric has ranged from a low of 1.61 to a high of 2.38. The Transportation industry median Cyclically Adjusted PB Ratio is 1.26. Zhuzhou CRRC Times Electric Co's value of 1.72 is 36.5% above this industry median. Based on the distribution chart, Zhuzhou CRRC Times Electric Co ranks #479 out of 737 companies in the Transportation industry, which is below the industry midpoint. Overall, Zhuzhou CRRC Times Electric Co has a GF Score™ of 92/100, reflecting its overall financial health beyond just this single metric.
How does Zhuzhou CRRC Times Electric Co's Cyclically Adjusted PB Ratio compare to UNP and CSX?
According to the Transportation industry distribution chart, Zhuzhou CRRC Times Electric Co ranks #479 out of 737 companies for Cyclically Adjusted PB Ratio. This places Zhuzhou CRRC Times Electric Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.26. Zhuzhou CRRC Times Electric Co's value of 1.72 is 36.5% above this benchmark. Historically, Zhuzhou CRRC Times Electric Co's own Cyclically Adjusted PB Ratio has ranged from 1.61 to 2.38 over the past decade. While the company's 10-year median is 2.02 vs. the industry median of 1.26, Zhuzhou CRRC Times Electric 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 Transportation company?
The median Cyclically Adjusted PB Ratio among Transportation companies is 1.26, based on 737 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. Zhuzhou CRRC Times Electric Co's current Cyclically Adjusted PB Ratio of 1.72 is 36.5% 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 Zhuzhou CRRC Times Electric Co and its competitors. For the Transportation industry, the median Cyclically Adjusted PB Ratio is 1.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhuzhou CRRC Times Electric Co's current Cyclically Adjusted PB Ratio is 1.72, which is 15% below median its own 10-year median of 2.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhuzhou CRRC Times Electric Co stock overvalued right now?
Zhuzhou CRRC Times Electric Co (FRA:ZTX) has a current Cyclically Adjusted PB Ratio of 1.72. The stock's GF Value™ is €4.79, compared to a current price of €3.82 — trading 20.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.72, which is 15% below median its 10-year median of 2.02 and 36.5% above the Transportation industry median of 1.26. Zhuzhou CRRC Times Electric Co's overall GF Score™ is 92/100 with 6 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 Zhuzhou CRRC Times Electric Co (FRA:ZTX), the current Cyclically Adjusted PB Ratio is 1.72 as of Aug. 05, 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 Zhuzhou CRRC Times Electric Co (FRA:ZTX) Overvalued in 2026?

Based on GuruFocus' analysis, Zhuzhou CRRC Times Electric Co stock appears to be undervalued. The current stock price of €3.82 is trading 20.3% below its estimated GF Value™ of €4.79.

Key valuation signals for FRA:ZTX:

  • Cyclically Adjusted PB Ratio: 1.72 (15% below median its 10-year median of 2.02)
  • GF Value™: €4.79 vs. price of €3.82 (20.3% below fair value)
  • GF Score™: 92/100 with 6 warning signs
  • Industry Position: 36.5% above the Transportation median (#479 of 737)

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


Zhuzhou CRRC Times Electric Co Business Description

Address No. 169, Shidai Road, Shifeng District, Hunan Province, Zhuzhou, CHN, 412001
Zhuzhou CRRC Times Electric Co Ltd is in the R&D, design, manufacturing, and sales of rail transit equipment products and the provision of related services, and has an industrial structure of components, systems, and complete machines. Its products mainly include rail transit electrical equipment, railway engineering machinery, communication signal systems, and others. Meanwhile, the Company actively expands to industries other than rail transit and conducts business in the fields of semiconductors, automobiles, new energy, marine, and industrial operations. The Company operates in the domestic market and overseas markets.
92GF Score

Get the complete analysis for FRA:ZTX

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

€3.82
Price
€4.79
GF Value