JEXYF (Jiangsu Expressway Co) Cyclically Adjusted PB Ratio: 2.26 (As of Jul. 22, 2026) — Near Median

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JEXYF Jiangsu Expressway Co Ltd JEXYF
81 GF Score
Price $1.40
GF Value $1.60
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Jiangsu Expressway Co Cyclically Adjusted PB Ratio?

Jiangsu Expressway Co JEXYF 81 Cyclically Adjusted PB Ratio is 2.26 as of Jul. 22, 2026, which is 5% above its 10-year median of 2.15. GuruFocus rates JEXYF with a GF Score™ of 81/100 and a GF Value™ of $1.60 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,363 Construction companies, Jiangsu Expressway Co ranks worse than 66.69% on this metric.

As of today (2026-07-22), Jiangsu Expressway Co's current share price is $1.40. Jiangsu Expressway Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $0.62. Jiangsu Expressway Co's Cyclically Adjusted PB Ratio for today is 2.26.

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

JEXYF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.37   Med: 2.15   Max: 2.8
Current: 1.94

During the past years, Jiangsu Expressway Co's highest Cyclically Adjusted PB Ratio was 2.80. The lowest was 1.37. And the median was 2.15.

JEXYF's Cyclically Adjusted PB Ratio is ranked worse than
66.69% of 1363 companies
in the Construction industry
Industry Median: 1.17 vs JEXYF: 1.94

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.

Jiangsu Expressway Co's adjusted book value per share data for the three months ended in Mar. 2026 was $1.248. 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 $0.62 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jiangsu Expressway Co  (OTCPK:JEXYF) 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.


Jiangsu Expressway Co Cyclically Adjusted PB Ratio Related Terms


Jiangsu Expressway Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Jiangsu Expressway 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.

Jiangsu Expressway Co Cyclically Adjusted PB Ratio Chart

Jiangsu Expressway 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 1.71 1.55 1.87 2.66 1.97

Jiangsu Expressway Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2.61 2.59 2.08 1.97 1.92

Jiangsu Expressway Co Cyclically Adjusted PB Ratio Competitor Comparison

For the Infrastructure Operations subindustry, Jiangsu Expressway 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.


Jiangsu Expressway Co Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Jiangsu Expressway Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Jiangsu Expressway Co's Cyclically Adjusted PB Ratio falls into.


JEXYF
81GF Score
Jiangsu Expressway Co Ltd JEXYF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jiangsu Expressway 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.

Jiangsu Expressway Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.40/0.62
=2.26

* 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.

Jiangsu Expressway Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Jiangsu Expressway Co's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=1.248/116.3033*116.3033
=1.248

Current CPI (Mar. 2026) = 116.3033.

Jiangsu Expressway Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.603 101.400 0.692
201609 0.644 102.400 0.731
201612 0.637 102.600 0.722
201703 0.664 103.200 0.748
201706 0.641 103.100 0.723
201709 0.694 104.100 0.775
201712 0.708 104.500 0.788
201803 0.811 105.300 0.896
201806 0.765 104.900 0.848
201809 0.751 106.600 0.819
201812 0.754 106.500 0.823
201903 0.824 107.700 0.890
201906 0.766 107.700 0.827
201909 0.772 109.800 0.818
201912 0.808 111.200 0.845
202003 0.787 112.300 0.815
202006 0.727 110.400 0.766
202009 0.806 111.700 0.839
202012 0.856 111.500 0.893
202103 0.915 112.662 0.945
202106 0.911 111.769 0.948
202109 0.922 112.215 0.956
202112 0.999 113.108 1.027
202203 0.991 114.335 1.008
202206 0.901 114.558 0.915
202209 0.887 115.339 0.894
202212 0.909 115.116 0.918
202303 0.954 115.116 0.964
202306 0.893 114.558 0.907
202309 0.920 115.339 0.928
202312 0.945 114.781 0.958
202403 0.990 115.227 0.999
202406 0.954 114.781 0.967
202409 1.032 115.785 1.037
202412 1.052 114.893 1.065
202503 1.085 115.116 1.096
202506 1.110 114.907 1.123
202509 1.123 115.471 1.131
202512 1.168 115.832 1.173
202603 1.248 116.303 1.248

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 2.26 mean?
Jiangsu Expressway Co (JEXYF) has a Cyclically Adjusted PB Ratio of 2.26 as of Jul. 22, 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 Jiangsu Expressway Co and its competitors. This is near median its historical median of 2.15. Over the past decade, Jiangsu Expressway Co's Cyclically Adjusted PB Ratio has ranged from 1.37 to 2.80. According to the industry distribution chart, Jiangsu Expressway Co ranks #909 out of 1363 companies in the Construction industry, placing it in the top 66.7%.
Is Jiangsu Expressway Co's Cyclically Adjusted PB Ratio too high?
Jiangsu Expressway Co's current Cyclically Adjusted PB Ratio of 2.26 is near median its 10-year median of 2.15. Over the past 10 years, this metric has ranged from a low of 1.37 to a high of 2.80. The Construction industry median Cyclically Adjusted PB Ratio is 1.17. Jiangsu Expressway Co's value of 2.26 is 93.2% above this industry median. Based on the distribution chart, Jiangsu Expressway Co ranks #909 out of 1363 companies in the Construction industry, which is below the industry midpoint. Overall, Jiangsu Expressway Co has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu Expressway Co's Cyclically Adjusted PB Ratio compare to competitors?
According to the Construction industry distribution chart, Jiangsu Expressway Co ranks #909 out of 1363 companies for Cyclically Adjusted PB Ratio. This places Jiangsu Expressway Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.17. Jiangsu Expressway Co's value of 2.26 is 93.2% above this benchmark. Historically, Jiangsu Expressway Co's own Cyclically Adjusted PB Ratio has ranged from 1.37 to 2.80 over the past decade. While the company's 10-year median is 2.15 vs. the industry median of 1.17, Jiangsu Expressway Co 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 a Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.17, based on 1,363 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. Jiangsu Expressway Co's current Cyclically Adjusted PB Ratio of 2.26 is 93.2% 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 Jiangsu Expressway Co and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangsu Expressway Co's current Cyclically Adjusted PB Ratio is 2.26, which is near median its own 10-year median of 2.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu Expressway Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu Expressway Co (JEXYF) is currently considered Modestly Undervalued. The stock's GF Value™ is $1.60, compared to a current price of $1.40 — trading 12.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.26, which is near median its 10-year median of 2.15 and 93.2% above the Construction industry median of 1.17. Jiangsu Expressway Co's overall GF Score™ is 81/100 with 6 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 Jiangsu Expressway Co (JEXYF), the current Cyclically Adjusted PB Ratio is 2.26 as of Jul. 22, 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 Jiangsu Expressway Co (JEXYF) Overvalued in 2026?

Based on GuruFocus' analysis, Jiangsu Expressway Co stock appears to be undervalued. The current stock price of $1.40 is trading 12.5% below its estimated GF Value™ of $1.60. GuruFocus considers Jiangsu Expressway Co to be Modestly Undervalued.

Key valuation signals for JEXYF:

  • Cyclically Adjusted PB Ratio: 2.26 (near median its 10-year median of 2.15)
  • GF Value™: $1.60 vs. price of $1.40 (12.5% below fair value)
  • GF Score™: 81/100 with 6 warning signs
  • Industry Position: 93.2% above the Construction median (#909 of 1363)

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


Jiangsu Expressway Co Business Description

Address 6 Xianlin Avenue, Jiangsu Province, Nanjing, CHN, 210049
Jiangsu Expressway Co Ltd is principally engaged in the investment, construction, operation and management of toll roads and bridges in Jiangsu Province and the development of service areas along expressways. It operates through the following segments: Shanghai-Nanjing Expressway, Ningchang Expressway and Zhenli Expressway, Guangjing Expressway and Xicheng Expressway, Xiyi Expressway and Wuxi Huantaihu Expressway, Zhendan Expressway, Wufengshan Bridge, Changyi Expressway, Yichang Expressway, Longtan Bridge, Xitai Expressway, Danjin Expressway, ancillary services (including petrol, food and retail in service zones along the expressways), real estate development, sales of electricity and advertising and others. The Shanghai-Nanjing Expressway is the maximum revenue driver.
81GF Score

Get the complete analysis for JEXYF

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

$1.40
Price
$1.60
GF Value