MLLUY (Metallurgical of China) Cyclically Adjusted PB Ratio: 0.45 (As of Jul. 21, 2026) — 48% Below Median

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MLLUY Metallurgical Corp of China Ltd MLLUY
60 GF Score
Price $3.56
GF Value $3.74
Valuation Fairly Valued
! 6 Warning Signs
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What is Metallurgical of China Cyclically Adjusted PB Ratio?

Metallurgical of China MLLUY 60 Cyclically Adjusted PB Ratio is 0.45 as of Jul. 21, 2026, which is 48% below its 10-year median of 0.86. GuruFocus rates MLLUY with a GF Scoreâ„¢ of 60/100 and a GF Valueâ„¢ of $3.74 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,361 Construction companies, Metallurgical of China ranks better than 80.24% on this metric.

As of today (2026-07-21), Metallurgical of China's current share price is $3.5575. Metallurgical of China's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $7.94. Metallurgical of China's Cyclically Adjusted PB Ratio for today is 0.45.

The historical rank and industry rank for Metallurgical of China's Cyclically Adjusted PB Ratio or its related term are showing as below:

MLLUY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.45   Med: 0.86   Max: 2.13
Current: 0.47

During the past years, Metallurgical of China's highest Cyclically Adjusted PB Ratio was 2.13. The lowest was 0.45. And the median was 0.86.

MLLUY's Cyclically Adjusted PB Ratio is ranked better than
80.24% of 1361 companies
in the Construction industry
Industry Median: 1.18 vs MLLUY: 0.47

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.

Metallurgical of China's adjusted book value per share data for the three months ended in Mar. 2026 was $22.058. 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 $7.94 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Metallurgical of China  (OTCPK:MLLUY) 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.


Metallurgical of China Cyclically Adjusted PB Ratio Related Terms


Metallurgical of China Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Metallurgical of China'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.

Metallurgical of China Cyclically Adjusted PB Ratio Chart

Metallurgical of China 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 1.01 0.77 0.68 0.66 0.55

Metallurgical of China 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 0.59 0.57 0.72 0.55 0.54

MLLUY vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, Metallurgical of China'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.


Metallurgical of China Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Metallurgical of China's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Metallurgical of China's Cyclically Adjusted PB Ratio falls into.


MLLUY
60GF Score
Metallurgical Corp of China Ltd MLLUY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Metallurgical of China 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.

Metallurgical of China's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.5575/7.94
=0.45

* 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.

Metallurgical of China's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Metallurgical of China'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)
=22.058/116.3033*116.3033
=22.058

Current CPI (Mar. 2026) = 116.3033.

Metallurgical of China Quarterly Data

Book Value per Share CPI Adj_Book
201606 9.783 101.400 11.221
201609 9.784 102.400 11.112
201612 10.671 102.600 12.096
201703 10.739 103.200 12.103
201706 10.836 103.100 12.224
201709 11.848 104.100 13.237
201712 12.041 104.500 13.401
201803 12.837 105.300 14.178
201806 12.411 104.900 13.760
201809 11.755 106.600 12.825
201812 11.769 106.500 12.852
201903 12.318 107.700 13.302
201906 12.045 107.700 13.007
201909 12.784 109.800 13.541
201912 13.478 111.200 14.097
202003 13.063 112.300 13.529
202006 12.681 110.400 13.359
202009 12.762 111.700 13.288
202012 14.447 111.500 15.069
202103 14.822 112.662 15.301
202106 15.201 111.769 15.818
202109 16.120 112.215 16.707
202112 16.288 113.108 16.748
202203 16.720 114.335 17.008
202206 16.025 114.558 16.269
202209 15.467 115.339 15.596
202212 16.766 115.116 16.939
202303 19.918 115.116 20.124
202306 18.903 114.558 19.191
202309 19.437 115.339 19.600
202312 19.663 114.781 19.924
202403 20.387 115.227 20.577
202406 20.011 114.781 20.276
202409 20.986 115.785 21.080
202412 20.286 114.893 20.535
202503 19.117 115.116 19.314
202506 20.312 114.907 20.559
202509 21.136 115.471 21.288
202512 21.343 115.832 21.430
202603 22.058 116.303 22.058

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 0.45 mean?
Metallurgical of China (MLLUY) has a Cyclically Adjusted PB Ratio of 0.45 as of Jul. 21, 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 Metallurgical of China and its competitors. This is 48% below median its historical median of 0.86. Over the past decade, Metallurgical of China's Cyclically Adjusted PB Ratio has ranged from 0.45 to 2.13. According to the industry distribution chart, Metallurgical of China ranks #269 out of 1361 companies in the Construction industry, placing it in the top 19.8%.
Is Metallurgical of China's Cyclically Adjusted PB Ratio too high?
Metallurgical of China's current Cyclically Adjusted PB Ratio of 0.45 is 48% below median its 10-year median of 0.86. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 2.13. The Construction industry median Cyclically Adjusted PB Ratio is 1.18. Metallurgical of China's value of 0.45 is 61.9% below this industry median. Based on the distribution chart, Metallurgical of China ranks #269 out of 1361 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Metallurgical of China has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Metallurgical of China's Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Metallurgical of China ranks #269 out of 1361 companies for Cyclically Adjusted PB Ratio. This places Metallurgical of China in the top 20% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.18. Metallurgical of China's value of 0.45 is 61.9% below this benchmark. Historically, Metallurgical of China's own Cyclically Adjusted PB Ratio has ranged from 0.45 to 2.13 over the past decade. While the company's 10-year median is 0.86 vs. the industry median of 1.18, Metallurgical of China 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 Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.18, based on 1,361 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. Metallurgical of China's current Cyclically Adjusted PB Ratio of 0.45 is 61.9% 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 Metallurgical of China 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. Metallurgical of China's current Cyclically Adjusted PB Ratio is 0.45, which is 48% below median its own 10-year median of 0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metallurgical of China stock overvalued right now?
Based on GuruFocus' analysis, Metallurgical of China (MLLUY) is currently considered Fairly Valued. The stock's GF Value™ is $3.74, compared to a current price of $3.56 — trading 4.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.45, which is 48% below median its 10-year median of 0.86 and 61.9% below the Construction industry median of 1.18. Metallurgical of China's overall GF Score™ is 60/100 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 Metallurgical of China (MLLUY), the current Cyclically Adjusted PB Ratio is 0.45 as of Jul. 21, 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 Metallurgical of China (MLLUY) Overvalued in 2026?

Based on GuruFocus' analysis, Metallurgical of China stock appears to be undervalued. The current stock price of $3.56 is trading 4.9% below its estimated GF Value™ of $3.74. GuruFocus considers Metallurgical of China to be Fairly Valued.

Key valuation signals for MLLUY:

  • Cyclically Adjusted PB Ratio: 0.45 (48% below median its 10-year median of 0.86)
  • GF Value™: $3.74 vs. price of $3.56 (4.9% below fair value)
  • GF Score™: 60/100 with 6 warning signs
  • Industry Position: 61.9% below the Construction median (#269 of 1361)

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


Metallurgical of China Business Description

Address 28, Shuguang Xili, MCC Tower, Chaoyang District, Beijing, CHN, 100028
Metallurgical Corp of China Ltd is a metallurgical engineering and construction group operating mainly in China. Its core activities include providing engineering, construction, and operational services for the iron and steel and non-ferrous metallurgy projects. The Group is also engaged in industrial construction across sectors such as electronics, precision manufacturing, light industry, petrochemicals, and power engineering, among others. Additionally, it undertakes capital construction projects, delivering full life-cycle services for urban renewal, residential, commercial, and office developments, infrastructure construction, and smart city development. The Group's reporting business segments are: Engineering Contracting, which generates the maximum revenue, and Featured Businesses.
60GF Score

Get the complete analysis for MLLUY

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

$3.56
Price
$3.74
GF Value