Chongqing Three Gorges Water Conservancy And Electric Power Co (SHSE:600116) Cyclically Adjusted PB Ratio: 1.30 (As of Aug. 21, 2026)— 63% Below Median
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SHSE:600116's Cyclically Adjusted PB Ratio is ranked worse than 56.88% of 269
companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.09
vs SHSE:600116: 1.30
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.
Chongqing Three Gorges Water Conservancy And Electric Power Co (SHSE:600116) 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.
Chongqing Three Gorges Water Conservancy And Electric Power Co Cyclically Adjusted PB Ratio Related Terms
Chongqing Three Gorges Water Conservancy And Electric Power Co Cyclically Adjusted PB Ratio Historical Data
* 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.
Chongqing Three Gorges Water Conservancy And Electric Power Co Cyclically Adjusted PB Ratio Chart
Chongqing Three Gorges Water Conservancy And Electric Power Co Annual Data
* 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.
Chongqing Three Gorges Water Conservancy And Electric Power Co Cyclically Adjusted PB Ratio vs Utilities - Independent Power Producers Industry
Chongqing Three Gorges Water Conservancy And 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.
* 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.
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 1.30 mean?
Chongqing Three Gorges Water Conservancy And Electric Power Co (SHSE:600116) has a Cyclically Adjusted PB Ratio of 1.30 as of Aug. 21, 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 Chongqing Three Gorges Water Conservancy And Electric Power Co and its competitors. This is 63% below median its historical median of 3.55. Over the past decade, Chongqing Three Gorges Water Conservancy And Electric Power Co's Cyclically Adjusted PB Ratio has ranged from 1.20 to 8.99. According to the industry distribution chart, Chongqing Three Gorges Water Conservancy And Electric Power Co ranks #153 out of 269 companies in the Utilities - Independent Power Producers industry, placing it in the top 56.9%.
Is Chongqing Three Gorges Water Conservancy And Electric Power Co's Cyclically Adjusted PB Ratio too high?
Chongqing Three Gorges Water Conservancy And Electric Power Co's current Cyclically Adjusted PB Ratio of 1.30 is 63% below median its 10-year median of 3.55. Over the past 10 years, this metric has ranged from a low of 1.20 to a high of 8.99. The Utilities - Independent Power Producers industry median Cyclically Adjusted PB Ratio is 1.09. Chongqing Three Gorges Water Conservancy And Electric Power Co's value of 1.30 is 19.3% above this industry median. Based on the distribution chart, Chongqing Three Gorges Water Conservancy And Electric Power Co ranks #153 out of 269 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Chongqing Three Gorges Water Conservancy And Electric Power Co has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Chongqing Three Gorges Water Conservancy And Electric Power Co's Cyclically Adjusted PB Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Chongqing Three Gorges Water Conservancy And Electric Power Co ranks #153 out of 269 companies for Cyclically Adjusted PB Ratio. This places Chongqing Three Gorges Water Conservancy And Electric Power Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.09. Chongqing Three Gorges Water Conservancy And Electric Power Co's value of 1.30 is 19.3% above this benchmark. Historically, Chongqing Three Gorges Water Conservancy And Electric Power Co's own Cyclically Adjusted PB Ratio has ranged from 1.20 to 8.99 over the past decade. While the company's 10-year median is 3.55 vs. the industry median of 1.09, Chongqing Three Gorges Water Conservancy And 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 - Independent Power Producers company?
The median Cyclically Adjusted PB Ratio among Utilities - Independent Power Producers companies is 1.09, based on 269 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. Chongqing Three Gorges Water Conservancy And Electric Power Co's current Cyclically Adjusted PB Ratio of 1.30 is 19.3% 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 Chongqing Three Gorges Water Conservancy And Electric Power Co and its competitors. For the Utilities - Independent Power Producers industry, the median Cyclically Adjusted PB Ratio is 1.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chongqing Three Gorges Water Conservancy And Electric Power Co's current Cyclically Adjusted PB Ratio is 1.30, which is 63% below 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 Chongqing Three Gorges Water Conservancy And Electric Power Co stock overvalued right now?
Based on GuruFocus' analysis, Chongqing Three Gorges Water Conservancy And Electric Power Co (SHSE:600116) is currently considered Fairly Valued. The stock's GF Value™ is ¥6.34, compared to a current price of ¥6.12 — trading 3.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.30, which is 63% below median its 10-year median of 3.55 and 19.3% above the Utilities - Independent Power Producers industry median of 1.09. Chongqing Three Gorges Water Conservancy And Electric Power Co's overall GF Score™ is 78/100 with 10 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 Chongqing Three Gorges Water Conservancy And Electric Power Co (SHSE:600116), the current Cyclically Adjusted PB Ratio is 1.30 as of Aug. 21, 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 Chongqing Three Gorges Water Conservancy And Electric Power Co (SHSE:600116) Overvalued in 2026?
Based on GuruFocus' analysis, Chongqing Three Gorges Water Conservancy And Electric Power Co stock appears to be undervalued.
The current stock price of ¥6.12 is trading 3.5% below its estimated GF Value™ of ¥6.34.
GuruFocus considers Chongqing Three Gorges Water Conservancy And Electric Power Co to be Fairly Valued.
Key valuation signals for SHSE:600116:
Cyclically Adjusted PB Ratio: 1.30 (63% below median its 10-year median of 3.55)
GF Value™: ¥6.34 vs. price of ¥6.12 (3.5% below fair value)
Industry Position: 19.3% above the Utilities - Independent Power Producers median (#153 of 269)
No single metric tells the full story. See the SHSE:600116 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chongqing Three Gorges Water Conservancy And Electric Power Co Ltd is a China-based company engaged in generating and distributing of hydroelectric power. The company also manufactures water conservation products as well as provides installation and advertising services.
78GF Score
Get the complete analysis for SHSE:600116
Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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