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China East Education HoldingsFRA:ZX3 -0.43%53 Cyclically Adjusted PB Ratio is 1.95 as of Jul. 19, 2026, which is 13% below its 10-year median of 2.23. GuruFocus rates FRA:ZX3 with a GF Score™ of 53/100 and a GF Value™ of €0.42 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 164 Education companies, China East Education Holdings ranks worse than 67.68% on this metric.
The historical rank and industry rank for China East Education Holdings's Cyclically Adjusted PB Ratio or its related term are showing as below:
FRA:ZX3'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.56 Med: 2.23 Max: 2.84
Current: 1.81
During the past 10 years, China East Education Holdings's highest Cyclically Adjusted PB Ratio was 2.84. The lowest was 1.56. And the median was 2.23.
FRA:ZX3's Cyclically Adjusted PB Ratio is ranked worse than 67.68% of 164
companies
in the Education industry
Industry Median: 1.13
vs FRA:ZX3: 1.81
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 East Education Holdings's adjusted book value per share data of for the fiscal year that ended in Dec25 was €0.337. 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 €0.24 for the trailing ten years ended in Dec25.
Shiller PE for Stocks: The True Measure of Stock Valuation
China East Education Holdings (FRA:ZX3) 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 East Education Holdings Cyclically Adjusted PB Ratio Related Terms
China East Education Holdings Cyclically Adjusted PB Ratio Historical Data
* 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 East Education Holdings Cyclically Adjusted PB Ratio Chart
FRA:ZX3 vs EDU, TAL, LAUR: Cyclically Adjusted PB Ratio Comparison
For the Education & Training Services subindustry, China East Education Holdings'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 East Education Holdings Cyclically Adjusted PB Ratio vs Education Industry
For the Education industry and Consumer Defensive sector, China East Education Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where China East Education Holdings's Cyclically Adjusted PB Ratio falls into.
China East Education Holdings 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.
* 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.
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 1.95 mean?
China East Education Holdings (FRA:ZX3) has a Cyclically Adjusted PB Ratio of 1.95 as of Jul. 19, 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 East Education Holdings and its competitors. This is 13% below median its historical median of 2.23. Over the past decade, China East Education Holdings' Cyclically Adjusted PB Ratio has ranged from 1.56 to 2.84. According to the industry distribution chart, China East Education Holdings ranks #111 out of 164 companies in the Education industry, placing it in the top 67.7%.
Is China East Education Holdings' Cyclically Adjusted PB Ratio too high?
China East Education Holdings' current Cyclically Adjusted PB Ratio of 1.95 is 13% below median its 10-year median of 2.23. Over the past 10 years, this metric has ranged from a low of 1.56 to a high of 2.84. The Education industry median Cyclically Adjusted PB Ratio is 1.13. China East Education Holdings' value of 1.95 is 72.6% above this industry median. Based on the distribution chart, China East Education Holdings ranks #111 out of 164 companies in the Education industry, which is below the industry midpoint. Overall, China East Education Holdings has a GF Score™ of 53/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China East Education Holdings' Cyclically Adjusted PB Ratio compare to EDU and TAL?
According to the Education industry distribution chart, China East Education Holdings ranks #111 out of 164 companies for Cyclically Adjusted PB Ratio. This places China East Education Holdings in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.13. China East Education Holdings' value of 1.95 is 72.6% above this benchmark. Historically, China East Education Holdings' own Cyclically Adjusted PB Ratio has ranged from 1.56 to 2.84 over the past decade. While the company's 10-year median is 2.23 vs. the industry median of 1.13, China East Education Holdings 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 an Education company?
The median Cyclically Adjusted PB Ratio among Education companies is 1.13, based on 164 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 East Education Holdings's current Cyclically Adjusted PB Ratio of 1.95 is 72.6% 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 China East Education Holdings and its competitors. For the Education industry, the median Cyclically Adjusted PB Ratio is 1.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China East Education Holdings's current Cyclically Adjusted PB Ratio is 1.95, which is 13% below median its own 10-year median of 2.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China East Education Holdings stock overvalued right now?
Based on GuruFocus' analysis, China East Education Holdings (FRA:ZX3) is currently considered Modestly Overvalued. The stock's GF Value™ is €0.42, compared to a current price of €0.47 — trading 11.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.95, which is 13% below median its 10-year median of 2.23 and 72.6% above the Education industry median of 1.13. China East Education Holdings' overall GF Score™ is 53/100 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 China East Education Holdings (FRA:ZX3), the current Cyclically Adjusted PB Ratio is 1.95 as of Jul. 19, 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 East Education Holdings (FRA:ZX3) Overvalued in 2026?
Based on GuruFocus' analysis, China East Education Holdings stock appears to be overvalued.
The current stock price of €0.47 is trading 11.4% above its estimated GF Value™ of €0.42.
GuruFocus considers China East Education Holdings to be Modestly Overvalued.
Key valuation signals for FRA:ZX3:
Cyclically Adjusted PB Ratio: 1.95 (13% below median its 10-year median of 2.23)
GF Value™: €0.42 vs. price of €0.47 (11.4% above fair value)
Industry Position: 72.6% above the Education median (#111 of 164)
No single metric tells the full story. See the FRA:ZX3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China East Education Holdings Business Description
China East Education is the largest vocational training education provider in China in terms of average students enrolled. It was founded in 1988 and its business spans four segments: culinary arts, information & internet technology, auto services, and fashion & beauty. The company's on-campus student population exceeded 150,000 as of June 30, 2025. In 2024, China East Education's revenue breakdown by major businesses was 55% in culinary arts, 19% in information & internet technology, 22% in auto services.
53GF Score
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