Beijing Gehua CATV Network Co (SHSE:600037) Cyclically Adjusted PB Ratio: 0.73 (As of Aug. 02, 2026) — 32% Below Median

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SHSE:600037 Beijing Gehua CATV Network Co Ltd SHSE:600037
62 GF Score
Price ¥7.07
GF Value ¥7.72
Valuation Fairly Valued
! 4 Warning Signs
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What is Beijing Gehua CATV Network Co Cyclically Adjusted PB Ratio?

Beijing Gehua CATV Network Co SHSE:600037 +1.73% 62 Cyclically Adjusted PB Ratio is 0.73 as of Aug. 02, 2026, which is 32% below its 10-year median of 1.08. GuruFocus rates SHSE:600037 with a GF Score™ of 62/100 and a GF Value™ of ¥7.72 (Fairly Valued). The stock has 4 warning signs investors should review. Among 703 Media - Diversified companies, Beijing Gehua CATV Network Co ranks better than 62.3% on this metric.

As of today (2026-08-02), Beijing Gehua CATV Network Co's current share price is ¥7.07. Beijing Gehua CATV Network Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ¥9.68. Beijing Gehua CATV Network Co's Cyclically Adjusted PB Ratio for today is 0.73.

The historical rank and industry rank for Beijing Gehua CATV Network Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:600037' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.61   Med: 1.08   Max: 3.32
Current: 0.68

During the past years, Beijing Gehua CATV Network Co's highest Cyclically Adjusted PB Ratio was 3.32. The lowest was 0.61. And the median was 1.08.

SHSE:600037's Cyclically Adjusted PB Ratio is ranked better than
62.3% of 703 companies
in the Media - Diversified industry
Industry Median: 0.97 vs SHSE:600037: 0.68

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.

Beijing Gehua CATV Network Co's adjusted book value per share data for the three months ended in Mar. 2026 was ¥9.179. 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 ¥9.68 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Beijing Gehua CATV Network Co  (SHSE:600037) 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.


Beijing Gehua CATV Network Co Cyclically Adjusted PB Ratio Related Terms


Beijing Gehua CATV Network Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Beijing Gehua CATV Network 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.

Beijing Gehua CATV Network Co Cyclically Adjusted PB Ratio Chart

Beijing Gehua CATV Network 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 1.03 0.91 0.84 0.79 0.76

Beijing Gehua CATV Network 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 0.77 0.80 0.83 0.76 0.76

SHSE:600037 vs NXST: Cyclically Adjusted PB Ratio Comparison

For the Broadcasting subindustry, Beijing Gehua CATV Network 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.


Beijing Gehua CATV Network Co Cyclically Adjusted PB Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Beijing Gehua CATV Network Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Beijing Gehua CATV Network Co's Cyclically Adjusted PB Ratio falls into.


SHSE:600037
62GF Score
Beijing Gehua CATV Network Co Ltd SHSE:600037
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Beijing Gehua CATV Network 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.

Beijing Gehua CATV Network Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.07/9.68
=0.73

* 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.

Beijing Gehua CATV Network Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Beijing Gehua CATV Network 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)
=9.179/116.3033*116.3033
=9.179

Current CPI (Mar. 2026) = 116.3033.

Beijing Gehua CATV Network Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 8.396 101.400 9.630
201609 8.788 102.400 9.981
201612 9.118 102.600 10.336
201703 9.199 103.200 10.367
201706 9.048 103.100 10.207
201709 9.170 104.100 10.245
201712 9.185 104.500 10.222
201803 9.244 105.300 10.210
201806 9.162 104.900 10.158
201809 9.284 106.600 10.129
201812 9.408 106.500 10.274
201903 9.553 107.700 10.316
201906 9.541 107.700 10.303
201909 9.567 109.800 10.134
201912 9.650 111.200 10.093
202003 9.673 112.300 10.018
202006 9.044 110.400 9.528
202009 9.099 111.700 9.474
202012 9.108 111.500 9.500
202103 9.102 112.662 9.396
202106 9.104 111.769 9.473
202109 9.126 112.215 9.458
202112 9.218 113.108 9.478
202203 9.288 114.335 9.448
202206 9.209 114.558 9.349
202209 9.409 115.339 9.488
202212 9.413 115.116 9.510
202303 9.371 115.116 9.468
202306 9.264 114.558 9.405
202309 9.280 115.339 9.358
202312 9.216 114.781 9.338
202403 9.210 115.227 9.296
202406 9.157 114.781 9.278
202409 9.181 115.785 9.222
202412 9.133 114.893 9.245
202503 9.157 115.116 9.251
202506 9.099 114.907 9.210
202509 9.107 115.471 9.173
202512 9.130 115.832 9.167
202603 9.179 116.303 9.179

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 0.73 mean?
Beijing Gehua CATV Network Co (SHSE:600037) has a Cyclically Adjusted PB Ratio of 0.73 as of Aug. 02, 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 Beijing Gehua CATV Network Co and its competitors. This is 32% below median its historical median of 1.08. Over the past decade, Beijing Gehua CATV Network Co's Cyclically Adjusted PB Ratio has ranged from 0.61 to 3.32. According to the industry distribution chart, Beijing Gehua CATV Network Co ranks #265 out of 703 companies in the Media - Diversified industry, placing it in the top 37.7%.
Is Beijing Gehua CATV Network Co's Cyclically Adjusted PB Ratio too high?
Beijing Gehua CATV Network Co's current Cyclically Adjusted PB Ratio of 0.73 is 32% below median its 10-year median of 1.08. Over the past 10 years, this metric has ranged from a low of 0.61 to a high of 3.32. The Media - Diversified industry median Cyclically Adjusted PB Ratio is 0.97. Beijing Gehua CATV Network Co's value of 0.73 is 24.7% below this industry median. Based on the distribution chart, Beijing Gehua CATV Network Co ranks #265 out of 703 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Beijing Gehua CATV Network Co has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Beijing Gehua CATV Network Co's Cyclically Adjusted PB Ratio compare to NXST?
According to the Media - Diversified industry distribution chart, Beijing Gehua CATV Network Co ranks #265 out of 703 companies for Cyclically Adjusted PB Ratio. This puts Beijing Gehua CATV Network Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.97. Beijing Gehua CATV Network Co's value of 0.73 is 24.7% below this benchmark. Historically, Beijing Gehua CATV Network Co's own Cyclically Adjusted PB Ratio has ranged from 0.61 to 3.32 over the past decade. While the company's 10-year median is 1.08 vs. the industry median of 0.97, Beijing Gehua CATV Network 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 Media - Diversified company?
The median Cyclically Adjusted PB Ratio among Media - Diversified companies is 0.97, based on 703 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. Beijing Gehua CATV Network Co's current Cyclically Adjusted PB Ratio of 0.73 is 24.7% 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 Beijing Gehua CATV Network Co and its competitors. For the Media - Diversified industry, the median Cyclically Adjusted PB Ratio is 0.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Beijing Gehua CATV Network Co's current Cyclically Adjusted PB Ratio is 0.73, which is 32% below median its own 10-year median of 1.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beijing Gehua CATV Network Co stock overvalued right now?
Based on GuruFocus' analysis, Beijing Gehua CATV Network Co (SHSE:600037) is currently considered Fairly Valued. The stock's GF Value™ is ¥7.72, compared to a current price of ¥7.07 — trading 8.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.73, which is 32% below median its 10-year median of 1.08 and 24.7% below the Media - Diversified industry median of 0.97. Beijing Gehua CATV Network Co's overall GF Score™ is 62/100 with 4 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 Beijing Gehua CATV Network Co (SHSE:600037), the current Cyclically Adjusted PB Ratio is 0.73 as of Aug. 02, 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 Beijing Gehua CATV Network Co (SHSE:600037) Overvalued in 2026?

Based on GuruFocus' analysis, Beijing Gehua CATV Network Co stock appears to be undervalued. The current stock price of ¥7.07 is trading 8.4% below its estimated GF Value™ of ¥7.72. GuruFocus considers Beijing Gehua CATV Network Co to be Fairly Valued.

Key valuation signals for SHSE:600037:

  • Cyclically Adjusted PB Ratio: 0.73 (32% below median its 10-year median of 1.08)
  • GF Value™: ¥7.72 vs. price of ¥7.07 (8.4% below fair value)
  • GF Score™: 62/100 with 4 warning signs
  • Industry Position: 24.7% below the Media - Diversified median (#265 of 703)

No single metric tells the full story. See the SHSE:600037 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Beijing Gehua CATV Network Co Business Description

Address No.35 Huayuan North Road, Haidian District, Beijing, CHN, 100083
Beijing Gehua CATV Network Co Ltd is engaged in the development and maintenance of radio and television networks. It is involved in the transfer and transmission of radio and television programs, video on demand, network information service business, internet access services based on cable television networks, internet data transmission value-added services, domestic IP telephony services, and cable television advertising design, production, and distribution services. The service scope covers cities, districts, streets, communities and other levels, covering education, finance, medical care, environmental protection, transportation, commerce, safety supervision and other fields.
62GF Score

Get the complete analysis for SHSE:600037

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

¥7.07
Price
¥7.72
GF Value