United Co RUSAL International PJSC (HKSE:00486) Cyclically Adjusted PB Ratio: (As of Sep. 21, 2026)

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HKSE:00486 United Co RUSAL International PJSC HKSE:00486
76 GF Score
Price HK$2.90
GF Value HK$4.32
Valuation Possible Value Trap
! 5 Warning Signs
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What is United Co RUSAL International PJSC Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


United Co RUSAL International PJSC  (HKSE:00486) 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.


United Co RUSAL International PJSC Cyclically Adjusted PB Ratio Related Terms


United Co RUSAL International PJSC Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for United Co RUSAL International PJSC'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.

United Co RUSAL International PJSC Cyclically Adjusted PB Ratio Chart

United Co RUSAL International PJSC 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 1.95 1.02 0.67 0.66 0.87

United Co RUSAL International PJSC Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 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 0.54 0.65 0.75 0.87 0.53

HKSE:00486 vs AA, CENX, CSTM: Cyclically Adjusted PB Ratio Comparison

For the Aluminum subindustry, United Co RUSAL International PJSC'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.


United Co RUSAL International PJSC Cyclically Adjusted PB Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, United Co RUSAL International PJSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where United Co RUSAL International PJSC's Cyclically Adjusted PB Ratio falls into.


HKSE:00486
76GF Score
United Co RUSAL International PJSC HKSE:00486
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

United Co RUSAL International PJSC 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.

United Co RUSAL International PJSC's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, United Co RUSAL International PJSC'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)
=6.007/288.1000*288.1000
=6.007

Current CPI (Dec25) = 288.1000.

United Co RUSAL International PJSC Annual Data

Book Value per Share CPI Adj_Book
201612 1.684 165.400 2.933
201712 2.287 169.600 3.885
201812 2.684 176.800 4.374
201912 3.460 182.200 5.471
202012 3.339 191.100 5.034
202112 5.400 207.200 7.508
202212 6.322 231.900 7.854
202312 5.662 249.100 6.548
202412 5.735 272.800 6.057
202512 6.007 288.100 6.007

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.

Is United Co RUSAL International PJSC (HKSE:00486) Overvalued in 2026?

Based on GuruFocus' analysis, United Co RUSAL International PJSC stock appears to be undervalued. The current stock price of HK$2.90 is trading 32.9% below its estimated GF Value™ of HK$4.32. GuruFocus considers United Co RUSAL International PJSC to be Possible Value Trap.

Key valuation signals for HKSE:00486:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: HK$4.32 vs. price of HK$2.90 (32.9% below fair value)
  • GF Score™: 76/100 with 5 warning signs

No single metric tells the full story. See the HKSE:00486 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


United Co RUSAL International PJSC Business Description

Other Exchanges RUAL:Russia
Address Oktyabrskaya Street 8, Office 410, Kaliningrad, RUS, 236006
United Co RUSAL International PJSC produces aluminium and aluminium products. Its products are primary aluminium, aluminium alloys, high-purity aluminium, wire rod, foil and packaging, aluminium powder, bauxite and alumina, silicon, gallium, corundum, and aluminium protectors. The Aluminium segment is a key revenue driver and covers the production and sale of primary aluminium and related products. Alumina segment encompasses the mining and refining of bauxite into alumina and the sale of alumina. The Energy segment comprises mining and sale of coal and generation and transmission of electricity produced from various sources. The mining and metals segment consists of equity investments in Norilsk Nickel. It has four segments Aluminium, Alumina, Energy and Mining, and Metals.
76GF Score

Get the complete analysis for HKSE:00486

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

HK$2.90
Price
HK$4.32
GF Value