MingYang Smart Energy Group (LSE:MYSE) Cyclically Adjusted PB Ratio: 1.36 (As of Aug. 05, 2026) — 54% Below Median

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LSE:MYSE MingYang Smart Energy Group Ltd LSE:MYSE
73 GF Score
Price $11.70
GF Value $17.97
! 10 Warning Signs
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What is MingYang Smart Energy Group Cyclically Adjusted PB Ratio?

MingYang Smart Energy Group LSE:MYSE 73 Cyclically Adjusted PB Ratio is 1.36 as of Aug. 05, 2026, which is 54% below its 10-year median of 2.93. GuruFocus rates LSE:MYSE with a GF Score™ of 73/100 and a GF Value™ of $17.97. The stock has 10 warning signs investors should review. Among 2,255 Industrial Products companies, MingYang Smart Energy Group ranks better than 66.3% on this metric.

As of today (2026-08-05), MingYang Smart Energy Group's current share price is $11.70. MingYang Smart Energy Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $8.60. MingYang Smart Energy Group's Cyclically Adjusted PB Ratio for today is 1.36.

The historical rank and industry rank for MingYang Smart Energy Group's Cyclically Adjusted PB Ratio or its related term are showing as below:

LSE:MYSE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.21   Med: 2.93   Max: 7.93
Current: 1.3

During the past years, MingYang Smart Energy Group's highest Cyclically Adjusted PB Ratio was 7.93. The lowest was 1.21. And the median was 2.93.

LSE:MYSE's Cyclically Adjusted PB Ratio is ranked better than
66.3% of 2255 companies
in the Industrial Products industry
Industry Median: 2.07 vs LSE:MYSE: 1.30

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.

MingYang Smart Energy Group's adjusted book value per share data for the three months ended in Mar. 2026 was $8.462. 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 $8.60 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


MingYang Smart Energy Group  (LSE:MYSE) 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.


MingYang Smart Energy Group Cyclically Adjusted PB Ratio Related Terms


MingYang Smart Energy Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for MingYang Smart Energy 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.

MingYang Smart Energy Group Cyclically Adjusted PB Ratio Chart

MingYang Smart Energy 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 5.82 4.63 1.95 1.71 1.77

MingYang Smart Energy Group 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 1.45 1.49 2.03 1.77 2.01

LSE:MYSE vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, MingYang Smart Energy 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.


MingYang Smart Energy Group Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, MingYang Smart Energy Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where MingYang Smart Energy Group's Cyclically Adjusted PB Ratio falls into.


LSE:MYSE
73GF Score
MingYang Smart Energy Group Ltd LSE:MYSE
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MingYang Smart Energy 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.

MingYang Smart Energy Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.70/8.60
=1.36

* 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.

MingYang Smart Energy Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, MingYang Smart Energy Group'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)
=8.462/116.3033*116.3033
=8.462

Current CPI (Mar. 2026) = 116.3033.

MingYang Smart Energy Group Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.844 101.400 3.262
201609 2.925 102.400 3.322
201612 2.356 102.600 2.671
201703 0.000 103.200 0.000
201706 0.000 103.100 0.000
201709 2.816 104.100 3.146
201712 2.766 104.500 3.078
201803 2.929 105.300 3.235
201806 2.924 104.900 3.242
201809 2.834 106.600 3.092
201812 2.930 106.500 3.200
201903 3.091 107.700 3.338
201906 3.126 107.700 3.376
201909 3.123 109.800 3.308
201912 3.668 111.200 3.836
202003 3.741 112.300 3.874
202006 3.853 110.400 4.059
202009 4.162 111.700 4.334
202012 6.019 111.500 6.278
202103 6.227 112.662 6.428
202106 6.530 111.769 6.795
202109 6.901 112.215 7.152
202112 7.404 113.108 7.613
202203 8.189 114.335 8.330
202206 7.972 114.558 8.093
202209 8.837 115.339 8.911
202212 8.873 115.116 8.965
202303 8.910 115.116 9.002
202306 8.634 114.558 8.766
202309 8.609 115.339 8.681
202312 8.487 114.781 8.600
202403 8.287 115.227 8.364
202406 8.156 114.781 8.264
202409 8.409 115.785 8.447
202412 7.932 114.893 8.029
202503 8.065 115.116 8.148
202506 8.036 114.907 8.134
202509 8.190 115.471 8.249
202512 8.261 115.832 8.295
202603 8.462 116.303 8.462

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 1.36 mean?
MingYang Smart Energy Group (LSE:MYSE) has a Cyclically Adjusted PB Ratio of 1.36 as of Aug. 05, 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 MingYang Smart Energy Group and its competitors. This is 54% below median its historical median of 2.93. Over the past decade, MingYang Smart Energy Group's Cyclically Adjusted PB Ratio has ranged from 1.21 to 7.93. According to the industry distribution chart, MingYang Smart Energy Group ranks #760 out of 2255 companies in the Industrial Products industry, placing it in the top 33.7%.
Is MingYang Smart Energy Group's Cyclically Adjusted PB Ratio too high?
MingYang Smart Energy Group's current Cyclically Adjusted PB Ratio of 1.36 is 54% below median its 10-year median of 2.93. Over the past 10 years, this metric has ranged from a low of 1.21 to a high of 7.93. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.07. MingYang Smart Energy Group's value of 1.36 is 34.3% below this industry median. Based on the distribution chart, MingYang Smart Energy Group ranks #760 out of 2255 companies in the Industrial Products industry, which is above the industry midpoint. Overall, MingYang Smart Energy Group has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does MingYang Smart Energy Group's Cyclically Adjusted PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, MingYang Smart Energy Group ranks #760 out of 2255 companies for Cyclically Adjusted PB Ratio. This puts MingYang Smart Energy Group in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.07. MingYang Smart Energy Group's value of 1.36 is 34.3% below this benchmark. Historically, MingYang Smart Energy Group's own Cyclically Adjusted PB Ratio has ranged from 1.21 to 7.93 over the past decade. While the company's 10-year median is 2.93 vs. the industry median of 2.07, MingYang Smart Energy Group 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.07, based on 2,255 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. MingYang Smart Energy Group's current Cyclically Adjusted PB Ratio of 1.36 is 34.3% 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 MingYang Smart Energy Group and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MingYang Smart Energy Group's current Cyclically Adjusted PB Ratio is 1.36, which is 54% below median its own 10-year median of 2.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MingYang Smart Energy Group stock overvalued right now?
MingYang Smart Energy Group (LSE:MYSE) has a current Cyclically Adjusted PB Ratio of 1.36. The stock's GF Value™ is $17.97, compared to a current price of $11.70 — trading 34.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.36, which is 54% below median its 10-year median of 2.93 and 34.3% below the Industrial Products industry median of 2.07. MingYang Smart Energy Group's overall GF Score™ is 73/100 with 10 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 MingYang Smart Energy Group (LSE:MYSE), the current Cyclically Adjusted PB Ratio is 1.36 as of Aug. 05, 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 MingYang Smart Energy Group (LSE:MYSE) Overvalued in 2026?

Based on GuruFocus' analysis, MingYang Smart Energy Group stock appears to be undervalued. The current stock price of $11.70 is trading 34.9% below its estimated GF Value™ of $17.97.

Key valuation signals for LSE:MYSE:

  • Cyclically Adjusted PB Ratio: 1.36 (54% below median its 10-year median of 2.93)
  • GF Value™: $17.97 vs. price of $11.70 (34.9% below fair value)
  • GF Score™: 73/100 with 10 warning signs
  • Industry Position: 34.3% below the Industrial Products median (#760 of 2255)

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


MingYang Smart Energy Group Business Description

Other Exchanges 601615:China
Address No. 22 Huoju Road, Mingyang Industrial Park, Zhongshan Torch High-tech Industrial Development Z, Zhongshan, Guangdong, CHN, 528400
MingYang Smart Energy Group Ltd is a wind turbine manufacturer that provides accessible green and smart energy and a full lifecycle renewable solutions provider. The Group's business is divided into segments namely High-end energy equipment manufacturing sector, wind turbine equipment manufacturing and sales, Operation and maintenance services and photovoltaic products manufacturing and sales; and Energy products and services sector includes construction, management, and operation of energy investment projects, power demand side management, energy efficiency management.
73GF Score

Get the complete analysis for LSE:MYSE

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

$11.70
Price
$17.97
GF Value