Nanjing Gaoke Co (SHSE:600064) Cyclically Adjusted PB Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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.

SHSE:600064 Nanjing Gaoke Co Ltd SHSE:600064
60 GF Score
Price ¥7.76
GF Value ¥8.10
Valuation Fairly Valued
! 9 Warning Signs
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What is Nanjing Gaoke Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Nanjing Gaoke Co  (SHSE:600064) 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.


Nanjing Gaoke Co Cyclically Adjusted PB Ratio Related Terms


Nanjing Gaoke Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nanjing Gaoke 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.

Nanjing Gaoke Co Cyclically Adjusted PB Ratio Chart

Nanjing Gaoke 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 1.04 0.92 0.77 0.92 0.96

Nanjing Gaoke Co 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 0.90 0.92 0.97 0.92 0.77

Nanjing Gaoke Co Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, Nanjing Gaoke 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.


Nanjing Gaoke Co Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Nanjing Gaoke Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Nanjing Gaoke Co's Cyclically Adjusted PB Ratio falls into.


SHSE:600064
60GF Score
Nanjing Gaoke Co Ltd SHSE:600064
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Nanjing Gaoke 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.

Nanjing Gaoke Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Nanjing Gaoke Co'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)
=12.117/116.0564*116.0564
=12.117

Current CPI (Jun. 2026) = 116.0564.

Nanjing Gaoke Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 5.879 102.400 6.663
201612 6.030 102.600 6.821
201703 6.335 103.200 7.124
201706 6.205 103.100 6.985
201709 6.343 104.100 7.072
201712 6.219 104.500 6.907
201803 6.478 105.300 7.140
201806 6.365 104.900 7.042
201809 6.338 106.600 6.900
201812 5.826 106.500 6.349
201903 6.918 107.700 7.455
201906 6.920 107.700 7.457
201909 7.092 109.800 7.496
201912 7.283 111.200 7.601
202003 7.667 112.300 7.923
202006 7.817 110.400 8.218
202009 8.019 111.700 8.332
202012 8.154 111.500 8.487
202103 8.491 112.662 8.747
202106 8.662 111.769 8.994
202109 8.990 112.215 9.298
202112 9.233 113.108 9.474
202203 9.595 114.335 9.739
202206 9.598 114.558 9.724
202209 9.934 115.339 9.996
202212 10.204 115.116 10.287
202303 10.584 115.116 10.670
202306 10.518 114.558 10.656
202309 10.796 115.339 10.863
202312 10.723 114.781 10.842
202403 11.071 115.227 11.151
202406 11.323 114.781 11.449
202409 11.781 115.785 11.809
202412 11.544 114.893 11.661
202503 11.826 115.116 11.923
202506 11.576 114.907 11.692
202509 12.070 115.471 12.131
202512 11.649 115.832 11.672
202603 12.031 116.303 12.005
202606 12.117 116.056 12.117

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 Nanjing Gaoke Co (SHSE:600064) Overvalued in 2026?

Based on GuruFocus' analysis, Nanjing Gaoke Co stock appears to be undervalued. The current stock price of ¥7.76 is trading 4.2% below its estimated GF Value™ of ¥8.10. GuruFocus considers Nanjing Gaoke Co to be Fairly Valued.

Key valuation signals for SHSE:600064:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ¥8.10 vs. price of ¥7.76 (4.2% below fair value)
  • GF Score™: 60/100 with 9 warning signs

No single metric tells the full story. See the SHSE:600064 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nanjing Gaoke Co Business Description

Address 129 Newport Avenue, Nanjing Economic and Technological Development Zone, Nanjing, CHN
Nanjing Gaoke Co Ltd is a China-based company engaged in real estate and municipal businesses, medical health business, and equity investment business. Its real estate business includes residential development, commercial operations, and property management, among others. Its medical health business includes the research and development, manufacture and sales of pharmaceuticals.
60GF Score

Get the complete analysis for SHSE:600064

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

¥7.76
Price
¥8.10
GF Value