JEXYY (Jiangsu Expressway Co) Cyclically Adjusted PB Ratio: 1.83 (As of Jul. 16, 2026) — 15% Below Median

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JEXYY Jiangsu Expressway Co Ltd JEXYY
71 GF Score
Price $23.68
GF Value $27.70
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Jiangsu Expressway Co Cyclically Adjusted PB Ratio?

Jiangsu Expressway Co JEXYY 71 Cyclically Adjusted PB Ratio is 1.83 as of Jul. 16, 2026, which is 15% below its 10-year median of 2.16. GuruFocus rates JEXYY with a GF Score™ of 71/100 and a GF Value™ of $27.70 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,359 Construction companies, Jiangsu Expressway Co ranks worse than 66.08% on this metric.

As of today (2026-07-16), Jiangsu Expressway Co's current share price is $23.68. Jiangsu Expressway Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $12.95. Jiangsu Expressway Co's Cyclically Adjusted PB Ratio for today is 1.83.

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

JEXYY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.37   Med: 2.16   Max: 2.8
Current: 1.89

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 2.16.

JEXYY's Cyclically Adjusted PB Ratio is ranked worse than
66.08% of 1359 companies
in the Construction industry
Industry Median: 1.18 vs JEXYY: 1.89

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 $24.964. 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 $12.95 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jiangsu Expressway Co  (OTCPK:JEXYY) 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.


JEXYY
71GF Score
Jiangsu Expressway Co Ltd JEXYY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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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
=23.68/12.95
=1.83

* 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)
=24.964/116.3033*116.3033
=24.964

Current CPI (Mar. 2026) = 116.3033.

Jiangsu Expressway Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 12.060 101.400 13.833
201609 12.887 102.400 14.637
201612 12.742 102.600 14.444
201703 13.289 103.200 14.976
201706 12.822 103.100 14.464
201709 13.889 104.100 15.517
201712 14.163 104.500 15.763
201803 16.228 105.300 17.924
201806 15.304 104.900 16.968
201809 15.022 106.600 16.389
201812 15.074 106.500 16.462
201903 16.482 107.700 17.799
201906 15.327 107.700 16.551
201909 15.443 109.800 16.358
201912 16.159 111.200 16.901
202003 15.740 112.300 16.301
202006 14.535 110.400 15.312
202009 16.111 111.700 16.775
202012 17.126 111.500 17.864
202103 18.295 112.662 18.886
202106 18.224 111.769 18.963
202109 18.438 112.215 19.110
202112 19.972 113.108 20.536
202203 19.817 114.335 20.158
202206 18.027 114.558 18.302
202209 17.737 115.339 17.885
202212 18.189 115.116 18.377
202303 19.070 115.116 19.267
202306 17.856 114.558 18.128
202309 18.398 115.339 18.552
202312 18.897 114.781 19.148
202403 19.797 115.227 19.982
202406 19.075 114.781 19.328
202409 20.649 115.785 20.741
202412 21.046 114.893 21.304
202503 21.704 115.116 21.928
202506 22.195 114.907 22.465
202509 22.450 115.471 22.612
202512 23.360 115.832 23.455
202603 24.964 116.303 24.964

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 1.83 mean?
Jiangsu Expressway Co (JEXYY) has a Cyclically Adjusted PB Ratio of 1.83 as of Jul. 16, 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 15% below median its historical median of 2.16. 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 #898 out of 1359 companies in the Construction industry, placing it in the top 66.1%.
Is Jiangsu Expressway Co's Cyclically Adjusted PB Ratio too high?
Jiangsu Expressway Co's current Cyclically Adjusted PB Ratio of 1.83 is 15% below median its 10-year median of 2.16. 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 1.18. Jiangsu Expressway Co's value of 1.83 is 55.1% above this industry median. Based on the distribution chart, Jiangsu Expressway Co ranks #898 out of 1359 companies in the Construction industry, which is below the industry midpoint. Overall, Jiangsu Expressway Co has a GF Score™ of 71/100 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 #898 out of 1359 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 1.18. Jiangsu Expressway Co's value of 1.83 is 55.1% 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 2.16 vs. the industry median of 1.18, 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 1.18, based on 1,359 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 1.83 is 55.1% 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 1.18 — 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 1.83, which is 15% below median its own 10-year median of 2.16. 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 (JEXYY) is currently considered Modestly Undervalued. The stock's GF Value™ is $27.70, compared to a current price of $23.68 — trading 14.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.83, which is 15% below median its 10-year median of 2.16 and 55.1% above the Construction industry median of 1.18. Jiangsu Expressway Co's overall GF Score™ is 71/100 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 (JEXYY), the current Cyclically Adjusted PB Ratio is 1.83 as of Jul. 16, 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 (JEXYY) Overvalued in 2026?

Based on GuruFocus' analysis, Jiangsu Expressway Co stock appears to be undervalued. The current stock price of $23.68 is trading 14.5% below its estimated GF Value™ of $27.70. GuruFocus considers Jiangsu Expressway Co to be Modestly Undervalued.

Key valuation signals for JEXYY:

  • Cyclically Adjusted PB Ratio: 1.83 (15% below median its 10-year median of 2.16)
  • GF Value™: $27.70 vs. price of $23.68 (14.5% below fair value)
  • GF Score™: 71/100 with 6 warning signs
  • Industry Position: 55.1% above the Construction median (#898 of 1359)

No single metric tells the full story. See the JEXYY 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.
71GF Score

Get the complete analysis for JEXYY

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

$23.68
Price
$27.70
GF Value