MLLUY (Metallurgical of China) Cyclically Adjusted PB Ratio: (As of Sep. 22, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MLLUY Metallurgical Corp of China Ltd MLLUY
54 GF Score
Price $3.57
GF Value $3.50
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is Metallurgical of China Cyclically Adjusted PB Ratio?

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 0.05 0.04 0.04 0.03 0.05

Metallurgical of China 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 0.03 0.05 0.05 0.04 0.03

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
54GF Score
Metallurgical Corp of China Ltd MLLUY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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 Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Metallurgical of China'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)
=139.998/116.0564*116.0564
=139.998

Current CPI (Jun. 2026) = 116.0564.

Metallurgical of China Quarterly Data

Book Value per Share CPI Adj_Book
201609 66.041 102.400 74.848
201612 73.399 102.600 83.026
201703 75.748 103.200 85.184
201706 78.811 103.100 88.715
201709 81.652 104.100 91.030
201712 84.977 104.500 94.374
201803 89.945 105.300 99.133
201806 88.027 104.900 97.389
201809 85.228 106.600 92.789
201812 88.015 106.500 95.913
201903 91.987 107.700 99.124
201906 90.254 107.700 97.257
201909 87.718 109.800 92.716
201912 90.988 111.200 94.962
202003 97.455 112.300 100.715
202006 97.925 110.400 102.942
202009 112.709 111.700 117.105
202012 127.670 111.500 132.887
202103 130.376 112.662 134.305
202106 133.526 111.769 138.648
202109 134.657 112.215 139.266
202112 139.566 113.108 143.204
202203 143.641 114.335 145.804
202206 137.540 114.558 139.339
202209 131.194 115.339 132.010
202212 133.696 115.116 134.789
202303 131.991 115.116 133.070
202306 126.161 114.558 127.811
202309 117.732 115.339 118.465
202312 118.449 114.781 119.765
202403 119.176 115.227 120.034
202406 113.759 114.781 115.023
202409 130.646 115.785 130.952
202412 125.725 114.893 126.999
202503 127.686 115.116 128.730
202506 129.300 114.907 130.593
202509 131.353 115.471 132.018
202512 129.053 115.832 129.303
202603 135.303 116.303 135.016
202606 139.998 116.056 139.998

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.

Is Metallurgical of China (MLLUY) Overvalued in 2026?

Based on GuruFocus' analysis, Metallurgical of China stock appears to be overvalued. The current stock price of $3.57 is trading 1.9% above its estimated GF Value™ of $3.50. GuruFocus considers Metallurgical of China to be Fairly Valued.

Key valuation signals for MLLUY:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $3.50 vs. price of $3.57 (1.9% above fair value)
  • GF Score™: 54/100 with 8 warning signs

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.
54GF 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.

$3.57
Price
$3.50
GF Value