JIAXF (Jiangxi Copper Co) Cyclically Adjusted PB Ratio: 1.45 (As of Sep. 16, 2026) — 16% Above Median

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JIAXF Jiangxi Copper Co Ltd JIAXF
73 GF Score
Price $4.46
GF Value $2.54
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Jiangxi Copper Co Cyclically Adjusted PB Ratio?

Jiangxi Copper Co JIAXF -6.21% 73 Cyclically Adjusted PB Ratio is 1.45 as of Sep. 16, 2026, which is 16% above its 10-year median of 1.25. GuruFocus rates JIAXF with a GF Score™ of 73/100 and a GF Value™ of $2.54 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,501 Metals & Mining companies, Jiangxi Copper Co ranks worse than 60.63% on this metric.

As of today (2026-09-16), Jiangxi Copper Co's current share price is $4.455. Jiangxi Copper Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $3.08. Jiangxi Copper Co's Cyclically Adjusted PB Ratio for today is 1.45.

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

JIAXF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.87   Med: 1.25   Max: 3.45
Current: 2.4

During the past years, Jiangxi Copper Co's highest Cyclically Adjusted PB Ratio was 3.45. The lowest was 0.87. And the median was 1.25.

JIAXF's Cyclically Adjusted PB Ratio is ranked worse than
60.63% of 1501 companies
in the Metals & Mining industry
Industry Median: 1.53 vs JIAXF: 2.40

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.

Jiangxi Copper Co's adjusted book value per share data for the three months ended in Jun. 2026 was $4.322. 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 $3.08 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jiangxi Copper Co  (OTCPK:JIAXF) 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.


Jiangxi Copper Co Cyclically Adjusted PB Ratio Related Terms


Jiangxi Copper Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Jiangxi Copper 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.

Jiangxi Copper Co Cyclically Adjusted PB Ratio Chart

Jiangxi Copper 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 0.59 0.53 0.52 0.56 1.85

Jiangxi Copper Co 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 0.61 1.17 1.88 1.50 1.27

JIAXF vs SCCO, FCX: Cyclically Adjusted PB Ratio Comparison

For the Copper subindustry, Jiangxi Copper 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.


Jiangxi Copper Co Cyclically Adjusted PB Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Jiangxi Copper Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


JIAXF
73GF Score
Jiangxi Copper Co Ltd JIAXF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Jiangxi Copper 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.

Jiangxi Copper Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.455/3.077
=1.45

* 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.

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

For example, Jiangxi Copper Co'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)
=4.322/116.0564*116.0564
=4.322

Current CPI (Jun. 2026) = 116.0564.

Jiangxi Copper Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 2.128 102.400 2.412
201612 2.029 102.600 2.295
201703 2.071 103.200 2.329
201706 2.096 103.100 2.359
201709 2.175 104.100 2.425
201712 2.217 104.500 2.462
201803 2.332 105.300 2.570
201806 2.225 104.900 2.462
201809 2.173 106.600 2.366
201812 2.188 106.500 2.384
201903 2.268 107.700 2.444
201906 2.362 107.700 2.545
201909 2.306 109.800 2.437
201912 2.447 111.200 2.554
202003 2.245 112.300 2.320
202006 2.363 110.400 2.484
202009 2.515 111.700 2.613
202012 2.952 111.500 3.073
202103 3.009 112.662 3.100
202106 3.308 111.769 3.435
202109 3.197 112.215 3.306
202112 3.526 113.108 3.618
202203 4.013 114.335 4.073
202206 3.330 114.558 3.374
202209 3.169 115.339 3.189
202212 3.404 115.116 3.432
202303 3.597 115.116 3.626
202306 3.503 114.558 3.549
202309 3.556 115.339 3.578
202312 3.125 114.781 3.160
202403 3.253 115.227 3.276
202406 3.356 114.781 3.393
202409 3.545 115.785 3.553
202412 3.484 114.893 3.519
202503 3.593 115.116 3.622
202506 3.635 114.907 3.671
202509 3.749 115.471 3.768
202512 3.902 115.832 3.910
202603 4.090 116.303 4.081
202606 4.322 116.056 4.322

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 1.45 mean?
Jiangxi Copper Co (JIAXF) has a Cyclically Adjusted PB Ratio of 1.45 as of Sep. 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 Jiangxi Copper Co and its competitors. This is 16% above median its historical median of 1.25. Over the past decade, Jiangxi Copper Co's Cyclically Adjusted PB Ratio has ranged from 0.87 to 3.45. According to the industry distribution chart, Jiangxi Copper Co ranks #910 out of 1501 companies in the Metals & Mining industry, placing it in the top 60.6%.
Is Jiangxi Copper Co's Cyclically Adjusted PB Ratio too high?
Jiangxi Copper Co's current Cyclically Adjusted PB Ratio of 1.45 is 16% above median its 10-year median of 1.25. Over the past 10 years, this metric has ranged from a low of 0.87 to a high of 3.45. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.53. Jiangxi Copper Co's value of 1.45 is 5.2% below this industry median. Based on the distribution chart, Jiangxi Copper Co ranks #910 out of 1501 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Jiangxi Copper Co has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jiangxi Copper Co's Cyclically Adjusted PB Ratio compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, Jiangxi Copper Co ranks #910 out of 1501 companies for Cyclically Adjusted PB Ratio. This places Jiangxi Copper Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.53. Jiangxi Copper Co's value of 1.45 is 5.2% below this benchmark. Historically, Jiangxi Copper Co's own Cyclically Adjusted PB Ratio has ranged from 0.87 to 3.45 over the past decade. While the company's 10-year median is 1.25 vs. the industry median of 1.53, Jiangxi Copper Co has consistently been below 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 Metals & Mining company?
The median Cyclically Adjusted PB Ratio among Metals & Mining companies is 1.53, based on 1,501 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. Jiangxi Copper Co's current Cyclically Adjusted PB Ratio of 1.45 is 5.2% below 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 Jiangxi Copper Co and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangxi Copper Co's current Cyclically Adjusted PB Ratio is 1.45, which is 16% above median its own 10-year median of 1.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangxi Copper Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangxi Copper Co (JIAXF) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.54, compared to a current price of $4.46 — trading 75.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.45, which is 16% above median its 10-year median of 1.25 and 5.2% below the Metals & Mining industry median of 1.53. Jiangxi Copper Co's overall GF Score™ is 73/100 with 1 warning sign 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 Jiangxi Copper Co (JIAXF), the current Cyclically Adjusted PB Ratio is 1.45 as of Sep. 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 Jiangxi Copper Co (JIAXF) Overvalued in 2026?

Based on GuruFocus' analysis, Jiangxi Copper Co stock appears to be overvalued. The current stock price of $4.46 is trading 75.4% above its estimated GF Value™ of $2.54. GuruFocus considers Jiangxi Copper Co to be Significantly Overvalued.

Key valuation signals for JIAXF:

  • Cyclically Adjusted PB Ratio: 1.45 (16% above median its 10-year median of 1.25)
  • GF Value™: $2.54 vs. price of $4.46 (75.4% above fair value)
  • GF Score™: 73/100 with 1 warning sign
  • Industry Position: 5.2% below the Metals & Mining median (#910 of 1501)

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


Jiangxi Copper Co Business Description

Address No. 7666 Changdong Avenue, High-tech Development Zone, Jiangxi Province, Nanchang, CHN, 330096
Jiangxi Copper Co Ltd engages in copper and gold mining, dressing, smelting and processing; extraction and processing of rare and scattered metals; sectors such as sulphuric chemistry and trading. Its products include such as cathode copper, gold, silver, lead-zinc, and sulfuric acid; rare and precious metal products such as molybdenum, selenium, tellurium, rhenium, platinum, palladium, and bismuth; as well as copper processing products, new material products, and industrial manufacturing products. It has two operating segments: the production and sale of copper and other related products and services, and the production and sale of gold and other related products and services. The majority of the company's revenue is derived from the Copper related business.
73GF 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.

$4.46
Price
$2.54
GF Value