Sichuan Road And Bridge Group Co (SHSE:600039) Cyclically Adjusted PB Ratio: 2.15 (As of Aug. 04, 2026) — Near Median

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SHSE:600039 Sichuan Road And Bridge Group Co Ltd SHSE:600039
74 GF Score
Price ¥8.70
GF Value ¥8.31
Valuation Fairly Valued
! 5 Warning Signs
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What is Sichuan Road And Bridge Group Co Cyclically Adjusted PB Ratio?

Sichuan Road And Bridge Group Co SHSE:600039 -1.36% 74 Cyclically Adjusted PB Ratio is 2.15 as of Aug. 04, 2026, which is 5% below its 10-year median of 2.26. GuruFocus rates SHSE:600039 with a GF Score™ of 74/100 and a GF Value™ of ¥8.31 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,345 Construction companies, Sichuan Road And Bridge Group Co ranks worse than 70.48% on this metric.

As of today (2026-08-04), Sichuan Road And Bridge Group Co's current share price is ¥8.70. Sichuan Road And Bridge Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ¥4.04. Sichuan Road And Bridge Group Co's Cyclically Adjusted PB Ratio for today is 2.15.

The historical rank and industry rank for Sichuan Road And Bridge Group Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:600039' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.2   Med: 2.26   Max: 3.85
Current: 2.18

During the past years, Sichuan Road And Bridge Group Co's highest Cyclically Adjusted PB Ratio was 3.85. The lowest was 1.20. And the median was 2.26.

SHSE:600039's Cyclically Adjusted PB Ratio is ranked worse than
70.48% of 1345 companies
in the Construction industry
Industry Median: 1.15 vs SHSE:600039: 2.18

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.

Sichuan Road And Bridge Group Co's adjusted book value per share data for the three months ended in Mar. 2026 was ¥6.224. 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 ¥4.04 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sichuan Road And Bridge Group Co  (SHSE:600039) 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.


Sichuan Road And Bridge Group Co Cyclically Adjusted PB Ratio Related Terms


Sichuan Road And Bridge Group Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Sichuan Road And Bridge Group 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.

Sichuan Road And Bridge Group Co Cyclically Adjusted PB Ratio Chart

Sichuan Road And Bridge Group 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 3.42 2.78 2.34 2.06 2.53

Sichuan Road And Bridge Group 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 2.19 2.67 2.11 2.53 2.49

SHSE:600039 vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, Sichuan Road And Bridge Group 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.


Sichuan Road And Bridge Group Co Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Sichuan Road And Bridge Group Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Sichuan Road And Bridge Group Co's Cyclically Adjusted PB Ratio falls into.


SHSE:600039
74GF Score
Sichuan Road And Bridge Group Co Ltd SHSE:600039
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Sichuan Road And Bridge Group 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.

Sichuan Road And Bridge Group Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.70/4.04
=2.15

* 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.

Sichuan Road And Bridge Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Sichuan Road And Bridge Group 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)
=6.224/116.3033*116.3033
=6.224

Current CPI (Mar. 2026) = 116.3033.

Sichuan Road And Bridge Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.057 101.400 2.359
201609 2.141 102.400 2.432
201612 2.281 102.600 2.586
201703 2.281 103.200 2.571
201706 2.357 103.100 2.659
201709 2.424 104.100 2.708
201712 2.591 104.500 2.884
201803 2.596 105.300 2.867
201806 2.641 104.900 2.928
201809 2.619 106.600 2.857
201812 2.769 106.500 3.024
201903 2.846 107.700 3.073
201906 2.896 107.700 3.127
201909 2.898 109.800 3.070
201912 3.066 111.200 3.207
202003 3.063 112.300 3.172
202006 3.182 110.400 3.352
202009 3.330 111.700 3.467
202012 3.475 111.500 3.625
202103 3.573 112.662 3.688
202106 3.610 111.769 3.756
202109 3.768 112.215 3.905
202112 4.541 113.108 4.669
202203 4.312 114.335 4.386
202206 4.265 114.558 4.330
202209 4.602 115.339 4.640
202212 4.794 115.116 4.843
202303 5.126 115.116 5.179
202306 4.849 114.558 4.923
202309 5.100 115.339 5.143
202312 5.178 114.781 5.247
202403 5.390 115.227 5.440
202406 5.046 114.781 5.113
202409 5.215 115.785 5.238
202412 5.491 114.893 5.558
202503 5.705 115.116 5.764
202506 5.604 114.907 5.672
202509 5.858 115.471 5.900
202512 6.074 115.832 6.099
202603 6.224 116.303 6.224

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 2.15 mean?
Sichuan Road And Bridge Group Co (SHSE:600039) has a Cyclically Adjusted PB Ratio of 2.15 as of Aug. 04, 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 Sichuan Road And Bridge Group Co and its competitors. This is near median its historical median of 2.26. Over the past decade, Sichuan Road And Bridge Group Co's Cyclically Adjusted PB Ratio has ranged from 1.20 to 3.85. According to the industry distribution chart, Sichuan Road And Bridge Group Co ranks #948 out of 1345 companies in the Construction industry, placing it in the top 70.5%.
Is Sichuan Road And Bridge Group Co's Cyclically Adjusted PB Ratio too high?
Sichuan Road And Bridge Group Co's current Cyclically Adjusted PB Ratio of 2.15 is near median its 10-year median of 2.26. Over the past 10 years, this metric has ranged from a low of 1.20 to a high of 3.85. The Construction industry median Cyclically Adjusted PB Ratio is 1.15. Sichuan Road And Bridge Group Co's value of 2.15 is 87% above this industry median. Based on the distribution chart, Sichuan Road And Bridge Group Co ranks #948 out of 1345 companies in the Construction industry, which is below the industry midpoint. Overall, Sichuan Road And Bridge Group Co has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sichuan Road And Bridge Group Co's Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Sichuan Road And Bridge Group Co ranks #948 out of 1345 companies for Cyclically Adjusted PB Ratio. This places Sichuan Road And Bridge Group Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.15. Sichuan Road And Bridge Group Co's value of 2.15 is 87% above this benchmark. Historically, Sichuan Road And Bridge Group Co's own Cyclically Adjusted PB Ratio has ranged from 1.20 to 3.85 over the past decade. While the company's 10-year median is 2.26 vs. the industry median of 1.15, Sichuan Road And Bridge Group Co has consistently been above 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 1.15, based on 1,345 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. Sichuan Road And Bridge Group Co's current Cyclically Adjusted PB Ratio of 2.15 is 87% above 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 Sichuan Road And Bridge Group Co and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sichuan Road And Bridge Group Co's current Cyclically Adjusted PB Ratio is 2.15, which is near median its own 10-year median of 2.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sichuan Road And Bridge Group Co stock overvalued right now?
Based on GuruFocus' analysis, Sichuan Road And Bridge Group Co (SHSE:600039) is currently considered Fairly Valued. The stock's GF Value™ is ¥8.31, compared to a current price of ¥8.70 — trading 4.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.15, which is near median its 10-year median of 2.26 and 87% above the Construction industry median of 1.15. Sichuan Road And Bridge Group Co's overall GF Score™ is 74/100 with 5 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 Sichuan Road And Bridge Group Co (SHSE:600039), the current Cyclically Adjusted PB Ratio is 2.15 as of Aug. 04, 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 Sichuan Road And Bridge Group Co (SHSE:600039) Overvalued in 2026?

Based on GuruFocus' analysis, Sichuan Road And Bridge Group Co stock appears to be overvalued. The current stock price of ¥8.70 is trading 4.7% above its estimated GF Value™ of ¥8.31. GuruFocus considers Sichuan Road And Bridge Group Co to be Fairly Valued.

Key valuation signals for SHSE:600039:

  • Cyclically Adjusted PB Ratio: 2.15 (near median its 10-year median of 2.26)
  • GF Value™: ¥8.31 vs. price of ¥8.70 (4.7% above fair value)
  • GF Score™: 74/100 with 5 warning signs
  • Industry Position: 87% above the Construction median (#948 of 1345)

No single metric tells the full story. See the SHSE:600039 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sichuan Road And Bridge Group Co Business Description

Address No. 12 Jiuxing Avenue, High-tech Development Zone, Sichuan Province, Chengdu, CHN, 610041
Sichuan Road And Bridge Group Co Ltd is engaged in Construction of highway projects, bridges and tunnel projects at all levels.
74GF Score

Get the complete analysis for SHSE:600039

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

¥8.70
Price
¥8.31
GF Value