Dongfang Electric (HKSE:01072) Cyclically Adjusted PB Ratio: 2.30 (As of Sep. 14, 2026) — 59% Above Median

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HKSE:01072 Dongfang Electric Corp Ltd HKSE:01072
86 GF Score
Price HK$18.92
GF Value HK$14.59
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Dongfang Electric Cyclically Adjusted PB Ratio?

Dongfang Electric HKSE:01072 -3.76% 86 Cyclically Adjusted PB Ratio is 2.30 as of Sep. 14, 2026, which is 59% above its 10-year median of 1.45. GuruFocus rates HKSE:01072 with a GF Score™ of 86/100 and a GF Value™ of HK$14.59 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 2,099 Industrial Products companies, Dongfang Electric ranks worse than 53.36% on this metric.

As of today (2026-09-14), Dongfang Electric's current share price is HK$18.92. Dongfang Electric's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was HK$8.21. Dongfang Electric's Cyclically Adjusted PB Ratio for today is 2.30.

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

HKSE:01072' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.82   Med: 1.45   Max: 4.04
Current: 2.26

During the past years, Dongfang Electric's highest Cyclically Adjusted PB Ratio was 4.04. The lowest was 0.82. And the median was 1.45.

HKSE:01072's Cyclically Adjusted PB Ratio is ranked worse than
53.36% of 2099 companies
in the Industrial Products industry
Industry Median: 2.08 vs HKSE:01072: 2.26

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.

Dongfang Electric's adjusted book value per share data for the three months ended in Jun. 2026 was HK$15.425. 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$8.21 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dongfang Electric  (HKSE:01072) 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.


Dongfang Electric Cyclically Adjusted PB Ratio Related Terms


Dongfang Electric Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Dongfang Electric'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.

Dongfang Electric Cyclically Adjusted PB Ratio Chart

Dongfang Electric 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 2.12 2.01 1.38 1.48 2.22

Dongfang Electric 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 1.55 1.77 2.22 3.17 2.60

HKSE:01072 vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Dongfang Electric'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.


Dongfang Electric Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Dongfang Electric's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Dongfang Electric's Cyclically Adjusted PB Ratio falls into.


HKSE:01072
86GF Score
Dongfang Electric Corp Ltd HKSE:01072
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dongfang Electric 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.

Dongfang Electric's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=18.92/8.21
=2.30

* 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.

Dongfang Electric's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Dongfang Electric'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)
=15.425/116.0564*116.0564
=15.425

Current CPI (Jun. 2026) = 116.0564.

Dongfang Electric Quarterly Data

Book Value per Share CPI Adj_Book
201609 10.876 102.400 12.326
201612 10.145 102.600 11.476
201703 10.276 103.200 11.556
201706 10.560 103.100 11.887
201709 10.983 104.100 12.244
201712 13.852 104.500 15.384
201803 8.879 105.300 9.786
201806 10.729 104.900 11.870
201809 10.251 106.600 11.160
201812 10.505 106.500 11.448
201903 10.950 107.700 11.800
201906 10.641 107.700 11.467
201909 10.443 109.800 11.038
201912 10.604 111.200 11.067
202003 10.591 112.300 10.945
202006 10.458 110.400 10.994
202009 11.026 111.700 11.456
202012 11.744 111.500 12.224
202103 12.066 112.662 12.430
202106 12.278 111.769 12.749
202109 12.453 112.215 12.879
202112 12.757 113.108 13.090
202203 13.260 114.335 13.460
202206 12.644 114.558 12.809
202209 12.337 115.339 12.414
202212 12.529 115.116 12.631
202303 13.153 115.116 13.260
202306 12.565 114.558 12.729
202309 12.628 115.339 12.707
202312 13.063 114.781 13.208
202403 13.294 115.227 13.390
202406 12.925 114.781 13.069
202409 13.588 115.785 13.620
202412 13.287 114.893 13.422
202503 12.642 115.116 12.745
202506 13.670 114.907 13.807
202509 14.051 115.471 14.122
202512 14.450 115.832 14.478
202603 15.395 116.303 15.362
202606 15.425 116.056 15.425

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 2.30 mean?
Dongfang Electric (HKSE:01072) has a Cyclically Adjusted PB Ratio of 2.30 as of Sep. 14, 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 Dongfang Electric and its competitors. This is 59% above median its historical median of 1.45. Over the past decade, Dongfang Electric's Cyclically Adjusted PB Ratio has ranged from 0.82 to 4.04. According to the industry distribution chart, Dongfang Electric ranks #1120 out of 2099 companies in the Industrial Products industry, placing it in the top 53.4%.
Is Dongfang Electric's Cyclically Adjusted PB Ratio too high?
Dongfang Electric's current Cyclically Adjusted PB Ratio of 2.30 is 59% above median its 10-year median of 1.45. Over the past 10 years, this metric has ranged from a low of 0.82 to a high of 4.04. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.08. Dongfang Electric's value of 2.30 is 10.6% above this industry median. Based on the distribution chart, Dongfang Electric ranks #1120 out of 2099 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Dongfang Electric has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dongfang Electric's Cyclically Adjusted PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Dongfang Electric ranks #1120 out of 2099 companies for Cyclically Adjusted PB Ratio. This places Dongfang Electric in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.08. Dongfang Electric's value of 2.30 is 10.6% above this benchmark. Historically, Dongfang Electric's own Cyclically Adjusted PB Ratio has ranged from 0.82 to 4.04 over the past decade. While the company's 10-year median is 1.45 vs. the industry median of 2.08, Dongfang Electric 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 Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.08, based on 2,099 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. Dongfang Electric's current Cyclically Adjusted PB Ratio of 2.30 is 10.6% 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 Dongfang Electric and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dongfang Electric's current Cyclically Adjusted PB Ratio is 2.30, which is 59% above median its own 10-year median of 1.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dongfang Electric stock overvalued right now?
Based on GuruFocus' analysis, Dongfang Electric (HKSE:01072) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$14.59, compared to a current price of HK$18.92 — trading 29.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.30, which is 59% above median its 10-year median of 1.45 and 10.6% above the Industrial Products industry median of 2.08. Dongfang Electric's overall GF Score™ is 86/100 with 5 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 Dongfang Electric (HKSE:01072), the current Cyclically Adjusted PB Ratio is 2.30 as of Sep. 14, 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 Dongfang Electric (HKSE:01072) Overvalued in 2026?

Based on GuruFocus' analysis, Dongfang Electric stock appears to be overvalued. The current stock price of HK$18.92 is trading 29.7% above its estimated GF Value™ of HK$14.59. GuruFocus considers Dongfang Electric to be Modestly Overvalued.

Key valuation signals for HKSE:01072:

  • Cyclically Adjusted PB Ratio: 2.30 (59% above median its 10-year median of 1.45)
  • GF Value™: HK$14.59 vs. price of HK$18.92 (29.7% above fair value)
  • GF Score™: 86/100 with 5 warning signs
  • Industry Position: 10.6% above the Industrial Products median (#1120 of 2099)

No single metric tells the full story. See the HKSE:01072 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dongfang Electric Business Description

Address No. 18 Xixin Road, High-Tech District (Western District), Sichuan Province, Chengdu, CHN, 611731
Dongfang Electric Corp Ltd operates in the energy equipment manufacturing industry and provides high-end equipment and related services for energy production and utilization. The Company has a one core, two wings industrial layout with energy equipment manufacturing as the core and manufacturing services and emerging industries as growth engines. It engages in the development, design, manufacturing and sales of energy equipment including thermal, hydropower, nuclear, gas and wind power, provides services such as power station services, integrated energy and supply chain, and develops emerging industries including energy storage, hydrogen energy, environmental protection, industrial drive, power electronics and solar energy.
86GF Score

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

HK$18.92
Price
HK$14.59
GF Value