Shanghai Bright Meat Group Co (SHSE:600073) Cyclically Adjusted PB Ratio: 1.09 (As of Jul. 30, 2026) — 53% Below Median

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SHSE:600073 Shanghai Bright Meat Group Co Ltd SHSE:600073
46 GF Score
Price ¥5.24
GF Value ¥6.60
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Shanghai Bright Meat Group Co Cyclically Adjusted PB Ratio?

Shanghai Bright Meat Group Co SHSE:600073 +1.55% 46 Cyclically Adjusted PB Ratio is 1.09 as of Jul. 30, 2026, which is 53% below its 10-year median of 2.32. GuruFocus rates SHSE:600073 with a GF Score™ of 46/100 and a GF Value™ of ¥6.60 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 1,432 Consumer Packaged Goods companies, Shanghai Bright Meat Group Co ranks better than 57.47% on this metric.

As of today (2026-07-30), Shanghai Bright Meat Group Co's current share price is ¥5.24. Shanghai Bright Meat Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ¥4.82. Shanghai Bright Meat Group Co's Cyclically Adjusted PB Ratio for today is 1.09.

The historical rank and industry rank for Shanghai Bright Meat Group Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:600073' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.96   Med: 2.32   Max: 8.33
Current: 1.03

During the past years, Shanghai Bright Meat Group Co's highest Cyclically Adjusted PB Ratio was 8.33. The lowest was 0.96. And the median was 2.32.

SHSE:600073's Cyclically Adjusted PB Ratio is ranked better than
57.47% of 1432 companies
in the Consumer Packaged Goods industry
Industry Median: 1.25 vs SHSE:600073: 1.03

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.

Shanghai Bright Meat Group Co's adjusted book value per share data for the three months ended in Mar. 2026 was ¥5.004. 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 ¥4.82 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shanghai Bright Meat Group Co  (SHSE:600073) 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.


Shanghai Bright Meat Group Co Cyclically Adjusted PB Ratio Related Terms


Shanghai Bright Meat Group Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Shanghai Bright Meat 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.

Shanghai Bright Meat Group Co Cyclically Adjusted PB Ratio Chart

Shanghai Bright Meat 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 2.19 1.93 1.56 1.52 1.34

Shanghai Bright Meat 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 1.65 1.58 1.47 1.34 1.22

SHSE:600073 vs KHC, GIS: Cyclically Adjusted PB Ratio Comparison

For the Packaged Foods subindustry, Shanghai Bright Meat 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.


Shanghai Bright Meat Group Co Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shanghai Bright Meat Group Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Shanghai Bright Meat Group Co's Cyclically Adjusted PB Ratio falls into.


SHSE:600073
46GF Score
Shanghai Bright Meat Group Co Ltd SHSE:600073
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanghai Bright Meat 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.

Shanghai Bright Meat Group Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.24/4.82
=1.09

* 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.

Shanghai Bright Meat Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Shanghai Bright Meat 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)
=5.004/116.3033*116.3033
=5.004

Current CPI (Mar. 2026) = 116.3033.

Shanghai Bright Meat Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 3.371 101.400 3.866
201609 3.465 102.400 3.935
201612 3.411 102.600 3.867
201703 3.657 103.200 4.121
201706 3.734 103.100 4.212
201709 3.714 104.100 4.149
201712 3.785 104.500 4.213
201803 3.942 105.300 4.354
201806 4.060 104.900 4.501
201809 4.076 106.600 4.447
201812 4.468 106.500 4.879
201903 4.319 107.700 4.664
201906 4.208 107.700 4.544
201909 4.234 109.800 4.485
201912 4.285 111.200 4.482
202003 4.375 112.300 4.531
202006 4.518 110.400 4.760
202009 4.577 111.700 4.766
202012 4.617 111.500 4.816
202103 4.636 112.662 4.786
202106 4.748 111.769 4.941
202109 4.766 112.215 4.940
202112 4.690 113.108 4.823
202203 4.937 114.335 5.022
202206 4.893 114.558 4.968
202209 4.949 115.339 4.990
202212 5.168 115.116 5.221
202303 5.207 115.116 5.261
202306 5.356 114.558 5.438
202309 5.292 115.339 5.336
202312 5.278 114.781 5.348
202403 5.275 115.227 5.324
202406 5.375 114.781 5.446
202409 5.507 115.785 5.532
202412 5.221 114.893 5.285
202503 5.397 115.116 5.453
202506 5.527 114.907 5.594
202509 5.347 115.471 5.386
202512 5.004 115.832 5.024
202603 5.004 116.303 5.004

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 1.09 mean?
Shanghai Bright Meat Group Co (SHSE:600073) has a Cyclically Adjusted PB Ratio of 1.09 as of Jul. 30, 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 Shanghai Bright Meat Group Co and its competitors. This is 53% below median its historical median of 2.32. Over the past decade, Shanghai Bright Meat Group Co's Cyclically Adjusted PB Ratio has ranged from 0.96 to 8.33. According to the industry distribution chart, Shanghai Bright Meat Group Co ranks #609 out of 1432 companies in the Consumer Packaged Goods industry, placing it in the top 42.5%.
Is Shanghai Bright Meat Group Co's Cyclically Adjusted PB Ratio too high?
Shanghai Bright Meat Group Co's current Cyclically Adjusted PB Ratio of 1.09 is 53% below median its 10-year median of 2.32. Over the past 10 years, this metric has ranged from a low of 0.96 to a high of 8.33. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.25. Shanghai Bright Meat Group Co's value of 1.09 is 12.8% below this industry median. Based on the distribution chart, Shanghai Bright Meat Group Co ranks #609 out of 1432 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Shanghai Bright Meat Group Co has a GF Score™ of 46/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Bright Meat Group Co's Cyclically Adjusted PB Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Shanghai Bright Meat Group Co ranks #609 out of 1432 companies for Cyclically Adjusted PB Ratio. This puts Shanghai Bright Meat Group Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.25. Shanghai Bright Meat Group Co's value of 1.09 is 12.8% below this benchmark. Historically, Shanghai Bright Meat Group Co's own Cyclically Adjusted PB Ratio has ranged from 0.96 to 8.33 over the past decade. While the company's 10-year median is 2.32 vs. the industry median of 1.25, Shanghai Bright Meat Group 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 Consumer Packaged Goods company?
The median Cyclically Adjusted PB Ratio among Consumer Packaged Goods companies is 1.25, based on 1,432 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. Shanghai Bright Meat Group Co's current Cyclically Adjusted PB Ratio of 1.09 is 12.8% 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 Shanghai Bright Meat Group Co and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PB Ratio is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Bright Meat Group Co's current Cyclically Adjusted PB Ratio is 1.09, which is 53% below median its own 10-year median of 2.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Bright Meat Group Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Bright Meat Group Co (SHSE:600073) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥6.60, compared to a current price of ¥5.24 — trading 20.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.09, which is 53% below median its 10-year median of 2.32 and 12.8% below the Consumer Packaged Goods industry median of 1.25. Shanghai Bright Meat Group Co's overall GF Score™ is 46/100 with 8 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 Shanghai Bright Meat Group Co (SHSE:600073), the current Cyclically Adjusted PB Ratio is 1.09 as of Jul. 30, 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 Shanghai Bright Meat Group Co (SHSE:600073) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Bright Meat Group Co stock appears to be undervalued. The current stock price of ¥5.24 is trading 20.6% below its estimated GF Value™ of ¥6.60. GuruFocus considers Shanghai Bright Meat Group Co to be Modestly Undervalued.

Key valuation signals for SHSE:600073:

  • Cyclically Adjusted PB Ratio: 1.09 (53% below median its 10-year median of 2.32)
  • GF Value™: ¥6.60 vs. price of ¥5.24 (20.6% below fair value)
  • GF Score™: 46/100 with 8 warning signs
  • Industry Position: 12.8% below the Consumer Packaged Goods median (#609 of 1432)

No single metric tells the full story. See the SHSE:600073 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Bright Meat Group Co Business Description

Address Jining Road, No. 18, Shanghai, CHN, 200082
Shanghai Bright Meat Group Co Ltd is a food production and sales company. Its core business is high-protein meat such as pork, beef and mutton, while also focusing on the field of branded food.
46GF Score

Get the complete analysis for SHSE:600073

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

¥5.24
Price
¥6.60
GF Value