China Television Media (SHSE:600088) Cyclically Adjusted PB Ratio: 3.89 (As of Aug. 11, 2026) — 13% Below Median

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SHSE:600088 China Television Media Ltd SHSE:600088
54 GF Score
Price ¥11.90
GF Value ¥15.35
Valuation Modestly Undervalued
! 3 Warning Signs
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What is China Television Media Cyclically Adjusted PB Ratio?

China Television Media SHSE:600088 +0.34% 54 Cyclically Adjusted PB Ratio is 3.89 as of Aug. 11, 2026, which is 13% below its 10-year median of 4.46. GuruFocus rates SHSE:600088 with a GF Score™ of 54/100 and a GF Value™ of ¥15.35 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 699 Media - Diversified companies, China Television Media ranks worse than 86.98% on this metric.

As of today (2026-08-11), China Television Media's current share price is ¥11.90. China Television Media's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ¥3.06. China Television Media's Cyclically Adjusted PB Ratio for today is 3.89.

The historical rank and industry rank for China Television Media's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:600088' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.47   Med: 4.46   Max: 8.57
Current: 3.82

During the past years, China Television Media's highest Cyclically Adjusted PB Ratio was 8.57. The lowest was 2.47. And the median was 4.46.

SHSE:600088's Cyclically Adjusted PB Ratio is ranked worse than
86.98% of 699 companies
in the Media - Diversified industry
Industry Median: 0.97 vs SHSE:600088: 3.82

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.

China Television Media's adjusted book value per share data for the three months ended in Mar. 2026 was ¥3.155. 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 ¥3.06 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Television Media  (SHSE:600088) 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.


China Television Media Cyclically Adjusted PB Ratio Related Terms


China Television Media Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for China Television Media'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.

China Television Media Cyclically Adjusted PB Ratio Chart

China Television Media 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 3.71 3.22 4.22 5.88 5.31

China Television Media 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 5.62 5.32 5.48 5.31 4.69

SHSE:600088 vs NFLX, DIS, WBD: Cyclically Adjusted PB Ratio Comparison

For the Entertainment subindustry, China Television Media'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.


China Television Media Cyclically Adjusted PB Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, China Television Media's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where China Television Media's Cyclically Adjusted PB Ratio falls into.


SHSE:600088
54GF Score
China Television Media Ltd SHSE:600088
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Television Media 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.

China Television Media's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.90/3.06
=3.89

* 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.

China Television Media's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, China Television Media'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)
=3.155/116.3033*116.3033
=3.155

Current CPI (Mar. 2026) = 116.3033.

China Television Media Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.882 101.400 3.306
201609 2.839 102.400 3.224
201612 2.557 102.600 2.899
201703 2.621 103.200 2.954
201706 2.682 103.100 3.025
201709 2.703 104.100 3.020
201712 2.743 104.500 3.053
201803 2.804 105.300 3.097
201806 2.816 104.900 3.122
201809 2.875 106.600 3.137
201812 2.964 106.500 3.237
201903 3.054 107.700 3.298
201906 3.037 107.700 3.280
201909 3.072 109.800 3.254
201912 3.107 111.200 3.250
202003 3.025 112.300 3.133
202006 2.896 110.400 3.051
202009 2.831 111.700 2.948
202012 2.687 111.500 2.803
202103 2.728 112.662 2.816
202106 2.753 111.769 2.865
202109 2.749 112.215 2.849
202112 2.681 113.108 2.757
202203 2.604 114.335 2.649
202206 2.587 114.558 2.626
202209 2.507 115.339 2.528
202212 2.537 115.116 2.563
202303 2.547 115.116 2.573
202306 3.303 114.558 3.353
202309 3.312 115.339 3.340
202312 3.134 114.781 3.176
202403 3.160 115.227 3.190
202406 3.066 114.781 3.107
202409 3.452 115.785 3.467
202412 3.236 114.893 3.276
202503 3.213 115.116 3.246
202506 3.255 114.907 3.295
202509 3.174 115.471 3.197
202512 3.153 115.832 3.166
202603 3.155 116.303 3.155

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 3.89 mean?
China Television Media (SHSE:600088) has a Cyclically Adjusted PB Ratio of 3.89 as of Aug. 11, 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 China Television Media and its competitors. This is 13% below median its historical median of 4.46. Over the past decade, China Television Media's Cyclically Adjusted PB Ratio has ranged from 2.47 to 8.57. According to the industry distribution chart, China Television Media ranks #608 out of 699 companies in the Media - Diversified industry, placing it in the top 87%.
Is China Television Media's Cyclically Adjusted PB Ratio too high?
China Television Media's current Cyclically Adjusted PB Ratio of 3.89 is 13% below median its 10-year median of 4.46. Over the past 10 years, this metric has ranged from a low of 2.47 to a high of 8.57. The Media - Diversified industry median Cyclically Adjusted PB Ratio is 0.97. China Television Media's value of 3.89 is 301% above this industry median. Based on the distribution chart, China Television Media ranks #608 out of 699 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, China Television Media has a GF Score™ of 54/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Television Media's Cyclically Adjusted PB Ratio compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, China Television Media ranks #608 out of 699 companies for Cyclically Adjusted PB Ratio. This places China Television Media in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.97. China Television Media's value of 3.89 is 301% above this benchmark. Historically, China Television Media's own Cyclically Adjusted PB Ratio has ranged from 2.47 to 8.57 over the past decade. While the company's 10-year median is 4.46 vs. the industry median of 0.97, China Television Media 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 Media - Diversified company?
The median Cyclically Adjusted PB Ratio among Media - Diversified companies is 0.97, based on 699 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. China Television Media's current Cyclically Adjusted PB Ratio of 3.89 is 301% 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 China Television Media 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. China Television Media's current Cyclically Adjusted PB Ratio is 3.89, which is 13% below median its own 10-year median of 4.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Television Media stock overvalued right now?
Based on GuruFocus' analysis, China Television Media (SHSE:600088) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥15.35, compared to a current price of ¥11.90 — trading 22.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.89, which is 13% below median its 10-year median of 4.46 and 301% above the Media - Diversified industry median of 0.97. China Television Media's overall GF Score™ is 54/100 with 3 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 China Television Media (SHSE:600088), the current Cyclically Adjusted PB Ratio is 3.89 as of Aug. 11, 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 China Television Media (SHSE:600088) Overvalued in 2026?

Based on GuruFocus' analysis, China Television Media stock appears to be undervalued. The current stock price of ¥11.90 is trading 22.5% below its estimated GF Value™ of ¥15.35. GuruFocus considers China Television Media to be Modestly Undervalued.

Key valuation signals for SHSE:600088:

  • Cyclically Adjusted PB Ratio: 3.89 (13% below median its 10-year median of 4.46)
  • GF Value™: ¥15.35 vs. price of ¥11.90 (22.5% below fair value)
  • GF Score™: 54/100 with 3 warning signs
  • Industry Position: 301% above the Media - Diversified median (#608 of 699)

No single metric tells the full story. See the SHSE:600088 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Television Media Business Description

Address No. 450 Fushan Road, 17F, Pudong, Shanghai, Shanghai, CHN, 200122
China Television Media Ltd is a China-based company engaged in the movies and televisions (TVs) businesses. The movies and TV-related businesses mainly include the development and operations of movies and TV bases, the producing and publishing of movies and TV dramas, among others. The company is also involved in the advertising businesses, as well as the movies and TV bases tourism businesses. The company is also engaged in the provision of related technology services through its subsidiaries.
54GF Score

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

¥11.90
Price
¥15.35
GF Value