Tianjin Binhai Teda Logistics Group (HKSE:08348) Cyclically Adjusted PB Ratio: (As of Sep. 22, 2026)

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:08348 Tianjin Binhai Teda Logistics Group Corp Ltd HKSE:08348
39 GF Score
Price HK$0.32
GF Value HK$0.14
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Tianjin Binhai Teda Logistics Group Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation

Tianjin Binhai Teda Logistics Group  (HKSE:08348) 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.

Tianjin Binhai Teda Logistics Group Cyclically Adjusted PB Ratio Related Terms

Tianjin Binhai Teda Logistics Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Tianjin Binhai Teda Logistics Group'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.

Tianjin Binhai Teda Logistics Group Cyclically Adjusted PB Ratio Chart

Tianjin Binhai Teda Logistics Group 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 0.10 0.09 0.09 0.12 0.12

Tianjin Binhai Teda Logistics Group 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 0.09 0.13 0.14 0.12 0.09

HKSE:08348 vs UPS, FDX, EXPD: Cyclically Adjusted PB Ratio Comparison

For the Integrated Freight & Logistics subindustry, Tianjin Binhai Teda Logistics Group'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.

Tianjin Binhai Teda Logistics Group Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Tianjin Binhai Teda Logistics Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Tianjin Binhai Teda Logistics Group's Cyclically Adjusted PB Ratio falls into.


HKSE:08348
39GF Score
Tianjin Binhai Teda Logistics Group Corp Ltd HKSE:08348
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tianjin Binhai Teda Logistics Group 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.

Tianjin Binhai Teda Logistics Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Tianjin Binhai Teda Logistics Group'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)
=2.973/115.8323*115.8323
=2.973

Current CPI (Dec25) = 115.8323.

Tianjin Binhai Teda Logistics Group Annual Data

Book Value per Share CPI Adj_Book
201612 2.939 102.600 3.318
201712 3.599 104.500 3.989
201812 3.431 106.500 3.732
201912 3.424 111.200 3.567
202012 3.238 111.500 3.364
202112 3.397 113.108 3.479
202212 3.169 115.116 3.189
202312 3.080 114.781 3.108
202412 2.951 114.893 2.975
202512 2.973 115.832 2.973

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 Tianjin Binhai Teda Logistics Group (HKSE:08348) Overvalued in 2026?

Based on GuruFocus' analysis, Tianjin Binhai Teda Logistics Group stock appears to be overvalued. The current stock price of HK$0.32 is trading 128.6% above its estimated GF Value™ of HK$0.14. GuruFocus considers Tianjin Binhai Teda Logistics Group to be Significantly Overvalued.

Key valuation signals for HKSE:08348:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: HK$0.14 vs. price of HK$0.32 (128.6% above fair value)
  • GF Score™: 39/100 with 2 warning signs

No single metric tells the full story. See the HKSE:08348 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Tianjin Binhai Teda Logistics Group Business Description

Address Number 39, Bohai Road, 3rd Floor, Tianjin Economic and Technological Development Area, Tianjin, CHN, 300457
Tianjin Binhai Teda Logistics Group Corp Ltd provides integrated logistics services. The operating segments include Supply chain and logistics services for finished automobiles and components-Provide customers with storage, transportation and import agency services for complete vehicles. b. Materials procurement services-Procurement of raw materials from manufacturers and sales to customers. c. Warehousing and multimodal transport business- Provide customers with warehousing, storage, supervision, agency and transportation business. d. Other services- Provision of management services. The company mainly operates its business in the PRC.
39GF Score

Get the complete analysis for HKSE:08348

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

HK$0.32
Price
HK$0.14
GF Value