Linhai Co (SHSE:600099) Cyclically Adjusted PB Ratio: 3.48 (As of Jul. 30, 2026) — Near Median

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SHSE:600099 Linhai Co Ltd SHSE:600099
72 GF Score
Price ¥8.25
GF Value ¥12.60
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Linhai Co Cyclically Adjusted PB Ratio?

Linhai Co SHSE:600099 +1.35% 72 Cyclically Adjusted PB Ratio is 3.48 as of Jul. 30, 2026, which is 2% below its 10-year median of 3.55. GuruFocus rates SHSE:600099 with a GF Score™ of 72/100 and a GF Value™ of ¥12.60 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,024 Vehicles & Parts companies, Linhai Co ranks worse than 78.03% on this metric.

As of today (2026-07-30), Linhai Co's current share price is ¥8.25. Linhai Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ¥2.37. Linhai Co's Cyclically Adjusted PB Ratio for today is 3.48.

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

SHSE:600099' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.13   Med: 3.55   Max: 7.93
Current: 3.24

During the past years, Linhai Co's highest Cyclically Adjusted PB Ratio was 7.93. The lowest was 2.13. And the median was 3.55.

SHSE:600099's Cyclically Adjusted PB Ratio is ranked worse than
78.03% of 1024 companies
in the Vehicles & Parts industry
Industry Median: 1.265 vs SHSE:600099: 3.24

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.

Linhai Co's adjusted book value per share data for the three months ended in Mar. 2026 was ¥2.515. 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 ¥2.37 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Linhai Co  (SHSE:600099) 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.


Linhai Co Cyclically Adjusted PB Ratio Related Terms


Linhai Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Linhai 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.

Linhai Co Cyclically Adjusted PB Ratio Chart

Linhai 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 3.55 3.66 4.34 3.76 4.43

Linhai 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 4.08 4.63 4.49 4.43 4.77

SHSE:600099 vs ORLY, AZO: Cyclically Adjusted PB Ratio Comparison

For the Auto Parts subindustry, Linhai 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.


Linhai Co Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Linhai Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


SHSE:600099
72GF Score
Linhai Co Ltd SHSE:600099
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Linhai 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.

Linhai Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.25/2.37
=3.48

* 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.

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

For example, Linhai 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)
=2.515/116.3033*116.3033
=2.515

Current CPI (Mar. 2026) = 116.3033.

Linhai Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.163 101.400 2.481
201609 2.164 102.400 2.458
201612 2.164 102.600 2.453
201703 2.167 103.200 2.442
201706 2.170 103.100 2.448
201709 2.135 104.100 2.385
201712 2.148 104.500 2.391
201803 2.148 105.300 2.372
201806 2.149 104.900 2.383
201809 2.149 106.600 2.345
201812 2.184 106.500 2.385
201903 2.172 107.700 2.346
201906 2.161 107.700 2.334
201909 2.163 109.800 2.291
201912 2.211 111.200 2.312
202003 2.204 112.300 2.283
202006 2.207 110.400 2.325
202009 2.177 111.700 2.267
202012 2.206 111.500 2.301
202103 2.215 112.662 2.287
202106 2.240 111.769 2.331
202109 2.234 112.215 2.315
202112 2.247 113.108 2.310
202203 2.257 114.335 2.296
202206 2.289 114.558 2.324
202209 2.285 115.339 2.304
202212 2.293 115.116 2.317
202303 2.304 115.116 2.328
202306 2.337 114.558 2.373
202309 2.316 115.339 2.335
202312 2.326 114.781 2.357
202403 2.329 115.227 2.351
202406 2.365 114.781 2.396
202409 2.361 115.785 2.372
202412 2.395 114.893 2.424
202503 2.423 115.116 2.448
202506 2.458 114.907 2.488
202509 2.443 115.471 2.461
202512 2.493 115.832 2.503
202603 2.515 116.303 2.515

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 3.48 mean?
Linhai Co (SHSE:600099) has a Cyclically Adjusted PB Ratio of 3.48 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 Linhai Co and its competitors. This is near median its historical median of 3.55. Over the past decade, Linhai Co's Cyclically Adjusted PB Ratio has ranged from 2.13 to 7.93. According to the industry distribution chart, Linhai Co ranks #799 out of 1024 companies in the Vehicles & Parts industry, placing it in the top 78%.
Is Linhai Co's Cyclically Adjusted PB Ratio too high?
Linhai Co's current Cyclically Adjusted PB Ratio of 3.48 is near median its 10-year median of 3.55. Over the past 10 years, this metric has ranged from a low of 2.13 to a high of 7.93. The Vehicles & Parts industry median Cyclically Adjusted PB Ratio is 1.27. Linhai Co's value of 3.48 is 175.1% above this industry median. Based on the distribution chart, Linhai Co ranks #799 out of 1024 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Linhai Co has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Linhai Co's Cyclically Adjusted PB Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Linhai Co ranks #799 out of 1024 companies for Cyclically Adjusted PB Ratio. This places Linhai Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.27. Linhai Co's value of 3.48 is 175.1% above this benchmark. Historically, Linhai Co's own Cyclically Adjusted PB Ratio has ranged from 2.13 to 7.93 over the past decade. While the company's 10-year median is 3.55 vs. the industry median of 1.27, Linhai 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 Vehicles & Parts company?
The median Cyclically Adjusted PB Ratio among Vehicles & Parts companies is 1.27, based on 1,024 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. Linhai Co's current Cyclically Adjusted PB Ratio of 3.48 is 175.1% 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 Linhai Co and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Linhai Co's current Cyclically Adjusted PB Ratio is 3.48, which is near median its own 10-year median of 3.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Linhai Co stock overvalued right now?
Based on GuruFocus' analysis, Linhai Co (SHSE:600099) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥12.60, compared to a current price of ¥8.25 — trading 34.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.48, which is near median its 10-year median of 3.55 and 175.1% above the Vehicles & Parts industry median of 1.27. Linhai Co's overall GF Score™ is 72/100 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 Linhai Co (SHSE:600099), the current Cyclically Adjusted PB Ratio is 3.48 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 Linhai Co (SHSE:600099) Overvalued in 2026?

Based on GuruFocus' analysis, Linhai Co stock appears to be undervalued. The current stock price of ¥8.25 is trading 34.5% below its estimated GF Value™ of ¥12.60. GuruFocus considers Linhai Co to be Significantly Undervalued.

Key valuation signals for SHSE:600099:

  • Cyclically Adjusted PB Ratio: 3.48 (near median its 10-year median of 3.55)
  • GF Value™: ¥12.60 vs. price of ¥8.25 (34.5% below fair value)
  • GF Score™: 72/100 with 3 warning signs
  • Industry Position: 175.1% above the Vehicles & Parts median (#799 of 1024)

No single metric tells the full story. See the SHSE:600099 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Linhai Co Business Description

Address No.199, Yingchun West Road, Jiangsu Province, Taizhou, CHN, 225300
Linhai Co Ltd is engaged in developing and manufacturing small engines and power machinery. The main products fall into six categories as motorcycle-engines, small gasoline engines, motorcycles, mopeds, forestry machinery, fire-fighting machinery and sprinklers for the sports ground.
72GF Score

Get the complete analysis for SHSE:600099

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

¥8.25
Price
¥12.60
GF Value