Nuode New Materials Co (SHSE:600110) Cyclically Adjusted PB Ratio: 3.82 (As of Aug. 14, 2026) — 22% Above Median

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SHSE:600110 Nuode New Materials Co Ltd SHSE:600110
76 GF Score
Price ¥10.36
GF Value ¥11.83
Valuation Modestly Undervalued
! 9 Warning Signs
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What is Nuode New Materials Co Cyclically Adjusted PB Ratio?

Nuode New Materials Co SHSE:600110 +1.97% 76 Cyclically Adjusted PB Ratio is 3.82 as of Aug. 14, 2026, which is 22% above its 10-year median of 3.14. GuruFocus rates SHSE:600110 with a GF Score™ of 76/100 and a GF Value™ of ¥11.83 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 2,219 Industrial Products companies, Nuode New Materials Co ranks worse than 69.27% on this metric.

As of today (2026-08-14), Nuode New Materials Co's current share price is ¥10.36. Nuode New Materials Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ¥2.71. Nuode New Materials Co's Cyclically Adjusted PB Ratio for today is 3.82.

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

SHSE:600110' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.14   Med: 3.14   Max: 12.07
Current: 3.82

During the past years, Nuode New Materials Co's highest Cyclically Adjusted PB Ratio was 12.07. The lowest was 1.14. And the median was 3.14.

SHSE:600110's Cyclically Adjusted PB Ratio is ranked worse than
69.27% of 2219 companies
in the Industrial Products industry
Industry Median: 2.17 vs SHSE:600110: 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.

Nuode New Materials Co's adjusted book value per share data for the three months ended in Jun. 2026 was ¥3.462. 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 ¥2.71 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nuode New Materials Co  (SHSE:600110) 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.


Nuode New Materials Co Cyclically Adjusted PB Ratio Related Terms


Nuode New Materials Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nuode New Materials 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.

Nuode New Materials Co Cyclically Adjusted PB Ratio Chart

Nuode New Materials 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 8.09 3.68 2.45 1.63 2.70

Nuode New Materials 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 2.77 2.59 2.70 3.45 5.57

SHSE:600110 vs VRT, BE: Cyclically Adjusted PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, Nuode New Materials 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.


Nuode New Materials Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nuode New Materials Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


SHSE:600110
76GF Score
Nuode New Materials Co Ltd SHSE:600110
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nuode New Materials 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.

Nuode New Materials Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.36/2.71
=3.82

* 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.

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

For example, Nuode New Materials 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)
=3.462/116.0564*116.0564
=3.462

Current CPI (Jun. 2026) = 116.0564.

Nuode New Materials Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 1.618 102.400 1.834
201612 1.629 102.600 1.843
201703 1.661 103.200 1.868
201706 1.727 103.100 1.944
201709 1.766 104.100 1.969
201712 1.797 104.500 1.996
201803 1.818 105.300 2.004
201806 1.787 104.900 1.977
201809 1.811 106.600 1.972
201812 1.856 106.500 2.023
201903 1.883 107.700 2.029
201906 1.894 107.700 2.041
201909 1.915 109.800 2.024
201912 1.754 111.200 1.831
202003 1.748 112.300 1.806
202006 1.741 110.400 1.830
202009 1.430 111.700 1.486
202012 2.442 111.500 2.542
202103 2.491 112.662 2.566
202106 2.587 111.769 2.686
202109 2.683 112.215 2.775
202112 2.748 113.108 2.820
202203 3.594 114.335 3.648
202206 3.588 114.558 3.635
202209 3.652 115.339 3.675
202212 3.594 115.116 3.623
202303 3.642 115.116 3.672
202306 3.661 114.558 3.709
202309 3.566 115.339 3.588
202312 3.502 114.781 3.541
202403 3.418 115.227 3.443
202406 3.366 114.781 3.403
202409 3.340 115.785 3.348
202412 3.274 114.893 3.307
202503 3.308 115.116 3.335
202506 3.246 114.907 3.278
202509 3.392 115.471 3.409
202512 3.246 115.832 3.252
202603 3.250 116.303 3.243
202606 3.462 116.056 3.462

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 3.82 mean?
Nuode New Materials Co (SHSE:600110) has a Cyclically Adjusted PB Ratio of 3.82 as of Aug. 14, 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 Nuode New Materials Co and its competitors. This is 22% above median its historical median of 3.14. Over the past decade, Nuode New Materials Co's Cyclically Adjusted PB Ratio has ranged from 1.14 to 12.07. According to the industry distribution chart, Nuode New Materials Co ranks #1537 out of 2219 companies in the Industrial Products industry, placing it in the top 69.3%.
Is Nuode New Materials Co's Cyclically Adjusted PB Ratio too high?
Nuode New Materials Co's current Cyclically Adjusted PB Ratio of 3.82 is 22% above median its 10-year median of 3.14. Over the past 10 years, this metric has ranged from a low of 1.14 to a high of 12.07. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.17. Nuode New Materials Co's value of 3.82 is 76% above this industry median. Based on the distribution chart, Nuode New Materials Co ranks #1537 out of 2219 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Nuode New Materials Co has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nuode New Materials Co's Cyclically Adjusted PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Nuode New Materials Co ranks #1537 out of 2219 companies for Cyclically Adjusted PB Ratio. This places Nuode New Materials Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.17. Nuode New Materials Co's value of 3.82 is 76% above this benchmark. Historically, Nuode New Materials Co's own Cyclically Adjusted PB Ratio has ranged from 1.14 to 12.07 over the past decade. While the company's 10-year median is 3.14 vs. the industry median of 2.17, Nuode New Materials 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 Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.17, based on 2,219 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. Nuode New Materials Co's current Cyclically Adjusted PB Ratio of 3.82 is 76% 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 Nuode New Materials Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nuode New Materials Co's current Cyclically Adjusted PB Ratio is 3.82, which is 22% above median its own 10-year median of 3.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nuode New Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Nuode New Materials Co (SHSE:600110) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥11.83, compared to a current price of ¥10.36 — trading 12.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.82, which is 22% above median its 10-year median of 3.14 and 76% above the Industrial Products industry median of 2.17. Nuode New Materials Co's overall GF Score™ is 76/100 with 9 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 Nuode New Materials Co (SHSE:600110), the current Cyclically Adjusted PB Ratio is 3.82 as of Aug. 14, 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 Nuode New Materials Co (SHSE:600110) Overvalued in 2026?

Based on GuruFocus' analysis, Nuode New Materials Co stock appears to be undervalued. The current stock price of ¥10.36 is trading 12.4% below its estimated GF Value™ of ¥11.83. GuruFocus considers Nuode New Materials Co to be Modestly Undervalued.

Key valuation signals for SHSE:600110:

  • Cyclically Adjusted PB Ratio: 3.82 (22% above median its 10-year median of 3.14)
  • GF Value™: ¥11.83 vs. price of ¥10.36 (12.4% below fair value)
  • GF Score™: 76/100 with 9 warning signs
  • Industry Position: 76% above the Industrial Products median (#1537 of 2219)

No single metric tells the full story. See the SHSE:600110 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nuode New Materials Co Business Description

Address No. 8 Shazui Road, 16th Floor, Block A, LVGEM Hongshuwan No. 1, Futian District, Shenzhen, CHN, 518000
Nuode New Materials Co Ltd through its subsidiaries mainly engaged in the research and development, production and sales of electrolytic copper foil.
76GF Score

Get the complete analysis for SHSE:600110

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

¥10.36
Price
¥11.83
GF Value