ZCZL Industrial Technology Group Co (HKSE:00564) Cyclically Adjusted PB Ratio: 1.47 (As of Sep. 15, 2026) — 13% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HKSE:00564 ZCZL Industrial Technology Group Co Ltd HKSE:00564
93 GF Score
Price HK$11.78
GF Value HK$15.02
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is ZCZL Industrial Technology Group Co Cyclically Adjusted PB Ratio?

ZCZL Industrial Technology Group Co HKSE:00564 -1.01% 93 Cyclically Adjusted PB Ratio is 1.47 as of Sep. 15, 2026, which is 13% below its 10-year median of 1.69. GuruFocus rates HKSE:00564 with a GF Score™ of 93/100 and a GF Value™ of HK$15.02 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 158 Farm & Heavy Construction Machinery companies, ZCZL Industrial Technology Group Co ranks better than 51.27% on this metric.

As of today (2026-09-15), ZCZL Industrial Technology Group Co's current share price is HK$11.78. ZCZL Industrial Technology Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was HK$8.04. ZCZL Industrial Technology Group Co's Cyclically Adjusted PB Ratio for today is 1.47.

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:

HKSE:00564' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.81   Med: 1.69   Max: 2.9
Current: 1.51

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.

HKSE:00564's Cyclically Adjusted PB Ratio is ranked better than
51.27% of 158 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.54 vs HKSE:00564: 1.51

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 HK$15.346. 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 HK$8.04 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


ZCZL Industrial Technology Group Co  (HKSE:00564) 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

HKSE:00564 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.


HKSE:00564
93GF Score
ZCZL Industrial Technology Group Co Ltd HKSE:00564
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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
=11.78/8.04
=1.47

* 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)
=15.346/116.0564*116.0564
=15.346

Current CPI (Jun. 2026) = 116.0564.

ZCZL Industrial Technology Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 6.901 102.400 7.821
201612 6.691 102.600 7.569
201703 6.877 103.200 7.734
201706 7.059 103.100 7.946
201709 7.462 104.100 8.319
201712 7.387 104.500 8.204
201803 7.843 105.300 8.644
201806 7.799 104.900 8.628
201809 7.525 106.600 8.193
201812 7.512 106.500 8.186
201903 7.946 107.700 8.563
201906 7.823 107.700 8.430
201909 7.784 109.800 8.228
201912 7.861 111.200 8.204
202003 7.998 112.300 8.266
202006 8.188 110.400 8.608
202009 8.545 111.700 8.878
202012 8.939 111.500 9.304
202103 9.098 112.662 9.372
202106 9.430 111.769 9.792
202109 9.694 112.215 10.026
202112 10.181 113.108 10.446
202203 10.904 114.335 11.068
202206 10.506 114.558 10.643
202209 10.765 115.339 10.832
202212 11.180 115.116 11.271
202303 11.920 115.116 12.017
202306 11.492 114.558 11.642
202309 11.757 115.339 11.830
202312 12.512 114.781 12.651
202403 13.017 115.227 13.111
202406 12.659 114.781 12.800
202409 13.567 115.785 13.599
202412 13.127 114.893 13.260
202503 13.482 115.116 13.592
202506 13.474 114.907 13.609
202509 14.175 115.471 14.247
202512 14.966 115.832 14.995
202603 15.934 116.303 15.900
202606 15.346 116.056 15.346

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 1.47 mean?
ZCZL Industrial Technology Group Co (HKSE:00564) has a Cyclically Adjusted PB Ratio of 1.47 as of Sep. 15, 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 13% below 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 #77 out of 158 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 48.7%.
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 1.47 is 13% below 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 1.54. ZCZL Industrial Technology Group Co's value of 1.47 is 4.5% below this industry median. Based on the distribution chart, ZCZL Industrial Technology Group Co ranks #77 out of 158 companies in the Farm & Heavy Construction Machinery industry, which is above the industry midpoint. Overall, ZCZL Industrial Technology Group Co has a GF Score™ of 93/100 and is considered Modestly Undervalued, 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 #77 out of 158 companies for Cyclically Adjusted PB Ratio. This puts ZCZL Industrial Technology Group Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.54. ZCZL Industrial Technology Group Co's value of 1.47 is 4.5% below 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 1.54, ZCZL Industrial Technology Group Co has consistently been below 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 1.54, 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 1.47 is 4.5% below 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 1.54 — 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 1.47, which is 13% below 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?
Based on GuruFocus' analysis, ZCZL Industrial Technology Group Co (HKSE:00564) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$15.02, compared to a current price of HK$11.78 — trading 21.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.47, which is 13% below median its 10-year median of 1.69 and 4.5% below the Farm & Heavy Construction Machinery industry median of 1.54. ZCZL Industrial Technology Group Co's overall GF Score™ is 93/100 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 (HKSE:00564), the current Cyclically Adjusted PB Ratio is 1.47 as of Sep. 15, 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 (HKSE:00564) Overvalued in 2026?

Based on GuruFocus' analysis, ZCZL Industrial Technology Group Co stock appears to be undervalued. The current stock price of HK$11.78 is trading 21.6% below its estimated GF Value™ of HK$15.02. GuruFocus considers ZCZL Industrial Technology Group Co to be Modestly Undervalued.

Key valuation signals for HKSE:00564:

  • Cyclically Adjusted PB Ratio: 1.47 (13% below median its 10-year median of 1.69)
  • GF Value™: HK$15.02 vs. price of HK$11.78 (21.6% below fair value)
  • GF Score™: 93/100 with 2 warning signs
  • Industry Position: 4.5% below the Farm & Heavy Construction Machinery median (#77 of 158)

No single metric tells the full story. See the HKSE:00564 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 ZGC:Germany601717: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.
93GF Score

Get the complete analysis for HKSE:00564

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

HK$11.78
Price
HK$15.02
GF Value