China Tianbao Group Development Co (HKSE:01427) Cyclically Adjusted PB Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
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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.
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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:01427 China Tianbao Group Development Co Ltd HKSE:01427
44 GF Score
Price HK$0.22
GF Value HK$0.15
Valuation Significantly Overvalued
! 7 Warning Signs
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What is China Tianbao Group Development Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation

China Tianbao Group Development Co  (HKSE:01427) 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 Tianbao Group Development Co Cyclically Adjusted PB Ratio Related Terms

China Tianbao Group Development Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for China Tianbao Group Development 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.

China Tianbao Group Development Co Cyclically Adjusted PB Ratio Chart

China Tianbao Group Development 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 - - - - 0.13

China Tianbao Group Development Co Semi-Annual Data
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 - - - 0.13 0.13

China Tianbao Group Development Co Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Diversified subindustry, China Tianbao Group Development 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.

China Tianbao Group Development Co Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, China Tianbao Group Development Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where China Tianbao Group Development Co's Cyclically Adjusted PB Ratio falls into.


HKSE:01427
44GF Score
China Tianbao Group Development Co Ltd HKSE:01427
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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China Tianbao Group Development 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.

China Tianbao Group Development Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, China Tianbao Group Development Co'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)
=0.971/115.8323*115.8323
=0.971

Current CPI (Dec25) = 115.8323.

China Tianbao Group Development Co Annual Data

Book Value per Share CPI Adj_Book
201612 1.247 102.600 1.408
201712 1.430 104.500 1.585
201812 2.365 106.500 2.572
201912 1.502 111.200 1.565
202012 1.927 111.500 2.002
202112 2.034 113.108 2.083
202212 1.387 115.116 1.396
202312 1.379 114.781 1.392
202412 1.123 114.893 1.132
202512 0.971 115.832 0.971

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 China Tianbao Group Development Co (HKSE:01427) Overvalued in 2026?

Based on GuruFocus' analysis, China Tianbao Group Development Co stock appears to be overvalued. The current stock price of HK$0.22 is trading 48% above its estimated GF Value™ of HK$0.15. GuruFocus considers China Tianbao Group Development Co to be Significantly Overvalued.

Key valuation signals for HKSE:01427:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: HK$0.15 vs. price of HK$0.22 (48% above fair value)
  • GF Score™: 44/100 with 7 warning signs

No single metric tells the full story. See the HKSE:01427 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

China Tianbao Group Development Co Business Description

Address No. 33, Guanyun East Road, Zhuozhou County, Hebei Province, Zhuozhou, CHN
China Tianbao Group Development Co Ltd is a conglomerate integrating construction, property development, and healthcare operations based in Zhuozhou, Hebei Province, the PRC. The group's business scope covers construction, planning and design, property development, property sales, investment and operation, healthcare services, and other multi-industry sectors. It operates in three segments Construction contracting segment engages in the provision of services relating to construction as a general contractor for building construction projects, infrastructure construction projects and property investment; Property development and others; and Healthcare. Majority of the revenue is derived from Construction contracting segment.
44GF Score

Get the complete analysis for HKSE:01427

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

HK$0.22
Price
HK$0.15
GF Value