Sichuan Mingxing Electric Power Co (SHSE:600101) Cyclically Adjusted PB Ratio: 1.68 (As of Aug. 16, 2026) — Near Median

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SHSE:600101 Sichuan Mingxing Electric Power Co Ltd SHSE:600101
81 GF Score
Price ¥8.01
GF Value ¥9.87
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Sichuan Mingxing Electric Power Co Cyclically Adjusted PB Ratio?

Sichuan Mingxing Electric Power Co SHSE:600101 -2.32% 81 Cyclically Adjusted PB Ratio is 1.68 as of Aug. 16, 2026, which is 7% above its 10-year median of 1.57. GuruFocus rates SHSE:600101 with a GF Score™ of 81/100 and a GF Value™ of ¥9.87 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 428 Utilities - Regulated companies, Sichuan Mingxing Electric Power Co ranks worse than 57.01% on this metric.

As of today (2026-08-16), Sichuan Mingxing Electric Power Co's current share price is ¥8.01. Sichuan Mingxing Electric Power Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ¥4.78. Sichuan Mingxing Electric Power Co's Cyclically Adjusted PB Ratio for today is 1.68.

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

SHSE:600101' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.99   Med: 1.57   Max: 2.84
Current: 1.68

During the past years, Sichuan Mingxing Electric Power Co's highest Cyclically Adjusted PB Ratio was 2.84. The lowest was 0.99. And the median was 1.57.

SHSE:600101's Cyclically Adjusted PB Ratio is ranked worse than
57.01% of 428 companies
in the Utilities - Regulated industry
Industry Median: 1.525 vs SHSE:600101: 1.68

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 Mingxing Electric Power Co's adjusted book value per share data for the three months ended in Mar. 2026 was ¥5.766. 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 ¥4.78 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sichuan Mingxing Electric Power Co  (SHSE:600101) 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 Mingxing Electric Power Co Cyclically Adjusted PB Ratio Related Terms


Sichuan Mingxing Electric Power Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Sichuan Mingxing Electric Power 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 Mingxing Electric Power Co Cyclically Adjusted PB Ratio Chart

Sichuan Mingxing Electric Power 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 1.47 1.54 1.48 1.95 1.96

Sichuan Mingxing Electric Power 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 2.39 2.22 1.99 1.96 2.01

SHSE:600101 vs SRE, AES: Cyclically Adjusted PB Ratio Comparison

For the Utilities - Diversified subindustry, Sichuan Mingxing Electric Power 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 Mingxing Electric Power Co Cyclically Adjusted PB Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Sichuan Mingxing Electric Power Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Sichuan Mingxing Electric Power Co's Cyclically Adjusted PB Ratio falls into.


SHSE:600101
81GF Score
Sichuan Mingxing Electric Power Co Ltd SHSE:600101
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Sichuan Mingxing Electric Power 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 Mingxing Electric Power Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.01/4.78
=1.68

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

For example, Sichuan Mingxing Electric Power 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)
=5.766/116.3033*116.3033
=5.766

Current CPI (Mar. 2026) = 116.3033.

Sichuan Mingxing Electric Power Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 3.554 101.400 4.076
201609 3.603 102.400 4.092
201612 3.610 102.600 4.092
201703 3.656 103.200 4.120
201706 3.691 103.100 4.164
201709 3.776 104.100 4.219
201712 3.796 104.500 4.225
201803 3.846 105.300 4.248
201806 3.898 104.900 4.322
201809 3.961 106.600 4.322
201812 4.074 106.500 4.449
201903 4.144 107.700 4.475
201906 4.182 107.700 4.516
201909 4.233 109.800 4.484
201912 4.294 111.200 4.491
202003 4.341 112.300 4.496
202006 4.337 110.400 4.569
202009 4.434 111.700 4.617
202012 4.421 111.500 4.611
202103 4.485 112.662 4.630
202106 4.499 111.769 4.682
202109 4.573 112.215 4.740
202112 4.616 113.108 4.746
202203 4.692 114.335 4.773
202206 4.699 114.558 4.771
202209 4.823 115.339 4.863
202212 4.866 115.116 4.916
202303 4.978 115.116 5.029
202306 5.003 114.558 5.079
202309 5.151 115.339 5.194
202312 5.145 114.781 5.213
202403 5.287 115.227 5.336
202406 5.225 114.781 5.294
202409 5.472 115.785 5.497
202412 5.465 114.893 5.532
202503 5.595 115.116 5.653
202506 5.473 114.907 5.539
202509 5.665 115.471 5.706
202512 5.631 115.832 5.654
202603 5.766 116.303 5.766

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 1.68 mean?
Sichuan Mingxing Electric Power Co (SHSE:600101) has a Cyclically Adjusted PB Ratio of 1.68 as of Aug. 16, 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 Mingxing Electric Power Co and its competitors. This is near median its historical median of 1.57. Over the past decade, Sichuan Mingxing Electric Power Co's Cyclically Adjusted PB Ratio has ranged from 0.99 to 2.84. According to the industry distribution chart, Sichuan Mingxing Electric Power Co ranks #244 out of 428 companies in the Utilities - Regulated industry, placing it in the top 57%.
Is Sichuan Mingxing Electric Power Co's Cyclically Adjusted PB Ratio too high?
Sichuan Mingxing Electric Power Co's current Cyclically Adjusted PB Ratio of 1.68 is near median its 10-year median of 1.57. Over the past 10 years, this metric has ranged from a low of 0.99 to a high of 2.84. The Utilities - Regulated industry median Cyclically Adjusted PB Ratio is 1.53. Sichuan Mingxing Electric Power Co's value of 1.68 is 10.2% above this industry median. Based on the distribution chart, Sichuan Mingxing Electric Power Co ranks #244 out of 428 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Sichuan Mingxing Electric Power Co has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sichuan Mingxing Electric Power Co's Cyclically Adjusted PB Ratio compare to SRE and AES?
According to the Utilities - Regulated industry distribution chart, Sichuan Mingxing Electric Power Co ranks #244 out of 428 companies for Cyclically Adjusted PB Ratio. This places Sichuan Mingxing Electric Power Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.53. Sichuan Mingxing Electric Power Co's value of 1.68 is 10.2% above this benchmark. Historically, Sichuan Mingxing Electric Power Co's own Cyclically Adjusted PB Ratio has ranged from 0.99 to 2.84 over the past decade. While the company's 10-year median is 1.57 vs. the industry median of 1.53, Sichuan Mingxing Electric Power 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 an Utilities - Regulated company?
The median Cyclically Adjusted PB Ratio among Utilities - Regulated companies is 1.53, based on 428 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 Mingxing Electric Power Co's current Cyclically Adjusted PB Ratio of 1.68 is 10.2% 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 Mingxing Electric Power Co and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PB Ratio is 1.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sichuan Mingxing Electric Power Co's current Cyclically Adjusted PB Ratio is 1.68, which is near median its own 10-year median of 1.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sichuan Mingxing Electric Power Co stock overvalued right now?
Based on GuruFocus' analysis, Sichuan Mingxing Electric Power Co (SHSE:600101) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥9.87, compared to a current price of ¥8.01 — trading 18.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.68, which is near median its 10-year median of 1.57 and 10.2% above the Utilities - Regulated industry median of 1.53. Sichuan Mingxing Electric Power Co's overall GF Score™ is 81/100 with 2 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 Mingxing Electric Power Co (SHSE:600101), the current Cyclically Adjusted PB Ratio is 1.68 as of Aug. 16, 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 Mingxing Electric Power Co (SHSE:600101) Overvalued in 2026?

Based on GuruFocus' analysis, Sichuan Mingxing Electric Power Co stock appears to be undervalued. The current stock price of ¥8.01 is trading 18.8% below its estimated GF Value™ of ¥9.87. GuruFocus considers Sichuan Mingxing Electric Power Co to be Modestly Undervalued.

Key valuation signals for SHSE:600101:

  • Cyclically Adjusted PB Ratio: 1.68 (near median its 10-year median of 1.57)
  • GF Value™: ¥9.87 vs. price of ¥8.01 (18.8% below fair value)
  • GF Score™: 81/100 with 2 warning signs
  • Industry Position: 10.2% above the Utilities - Regulated median (#244 of 428)

No single metric tells the full story. See the SHSE:600101 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sichuan Mingxing Electric Power Co Business Description

Address No. 88 Mingyue Road, Mingxing Hotel, 11F, Suining, Sichuan, CHN, 629000
Sichuan Mingxing Electric Power Co Ltd is mainly engaged in the production of electricity, water, and natural gas in China. It is also involved in the development of mineral resources, real estate, and hotel services.
81GF Score

Get the complete analysis for SHSE:600101

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

¥8.01
Price
¥9.87
GF Value