Ningbo Bird Co (SHSE:600130) Cyclically Adjusted PB Ratio: 3.33 (As of Aug. 22, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:600130 Ningbo Bird Co Ltd SHSE:600130
68 GF Score
Price ¥4.33
GF Value ¥4.71
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Ningbo Bird Co Cyclically Adjusted PB Ratio?

Ningbo Bird Co SHSE:600130 +0.46% 68 Cyclically Adjusted PB Ratio is 3.33 as of Aug. 22, 2026, which is 3% above its 10-year median of 3.23. GuruFocus rates SHSE:600130 with a GF Score™ of 68/100 and a GF Value™ of ¥4.71 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,951 Hardware companies, Ningbo Bird Co ranks worse than 67.15% on this metric.

As of today (2026-08-22), Ningbo Bird Co's current share price is ¥4.33. Ningbo Bird Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ¥1.30. Ningbo Bird Co's Cyclically Adjusted PB Ratio for today is 3.33.

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

SHSE:600130' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.91   Med: 3.23   Max: 8.99
Current: 3.32

During the past years, Ningbo Bird Co's highest Cyclically Adjusted PB Ratio was 8.99. The lowest was 1.91. And the median was 3.23.

SHSE:600130's Cyclically Adjusted PB Ratio is ranked worse than
67.15% of 1951 companies
in the Hardware industry
Industry Median: 2.07 vs SHSE:600130: 3.32

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.

Ningbo Bird Co's adjusted book value per share data for the three months ended in Mar. 2026 was ¥1.212. 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 ¥1.30 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ningbo Bird Co  (SHSE:600130) 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.


Ningbo Bird Co Cyclically Adjusted PB Ratio Related Terms


Ningbo Bird Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Ningbo Bird 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.

Ningbo Bird Co Cyclically Adjusted PB Ratio Chart

Ningbo Bird 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 3.24 3.42 3.69 3.62 3.21

Ningbo Bird 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 2.41 2.62 2.96 3.21 3.31

SHSE:600130 vs CSCO, MSI, HPE: Cyclically Adjusted PB Ratio Comparison

For the Communication Equipment subindustry, Ningbo Bird 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.


Ningbo Bird Co Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Ningbo Bird Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


SHSE:600130
68GF Score
Ningbo Bird Co Ltd SHSE:600130
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ningbo Bird 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.33/1.30
=3.33

* 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.

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

For example, Ningbo Bird 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)
=1.212/116.3033*116.3033
=1.212

Current CPI (Mar. 2026) = 116.3033.

Ningbo Bird Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.276 101.400 1.464
201609 1.284 102.400 1.458
201612 1.296 102.600 1.469
201703 1.284 103.200 1.447
201706 1.258 103.100 1.419
201709 1.202 104.100 1.343
201712 1.097 104.500 1.221
201803 1.106 105.300 1.222
201806 1.138 104.900 1.262
201809 1.143 106.600 1.247
201812 1.140 106.500 1.245
201903 1.136 107.700 1.227
201906 1.146 107.700 1.238
201909 1.158 109.800 1.227
201912 1.176 111.200 1.230
202003 1.172 112.300 1.214
202006 1.212 110.400 1.277
202009 1.221 111.700 1.271
202012 1.221 111.500 1.274
202103 1.225 112.662 1.265
202106 1.260 111.769 1.311
202109 1.257 112.215 1.303
202112 1.277 113.108 1.313
202203 1.285 114.335 1.307
202206 1.289 114.558 1.309
202209 1.295 115.339 1.306
202212 1.301 115.116 1.314
202303 1.307 115.116 1.320
202306 1.312 114.558 1.332
202309 1.320 115.339 1.331
202312 1.319 114.781 1.336
202403 1.323 115.227 1.335
202406 1.303 114.781 1.320
202409 1.282 115.785 1.288
202412 1.283 114.893 1.299
202503 1.286 115.116 1.299
202506 1.288 114.907 1.304
202509 1.280 115.471 1.289
202512 1.282 115.832 1.287
202603 1.212 116.303 1.212

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 3.33 mean?
Ningbo Bird Co (SHSE:600130) has a Cyclically Adjusted PB Ratio of 3.33 as of Aug. 22, 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 Ningbo Bird Co and its competitors. This is near median its historical median of 3.23. Over the past decade, Ningbo Bird Co's Cyclically Adjusted PB Ratio has ranged from 1.91 to 8.99. According to the industry distribution chart, Ningbo Bird Co ranks #1310 out of 1951 companies in the Hardware industry, placing it in the top 67.1%.
Is Ningbo Bird Co's Cyclically Adjusted PB Ratio too high?
Ningbo Bird Co's current Cyclically Adjusted PB Ratio of 3.33 is near median its 10-year median of 3.23. Over the past 10 years, this metric has ranged from a low of 1.91 to a high of 8.99. The Hardware industry median Cyclically Adjusted PB Ratio is 2.07. Ningbo Bird Co's value of 3.33 is 60.9% above this industry median. Based on the distribution chart, Ningbo Bird Co ranks #1310 out of 1951 companies in the Hardware industry, which is below the industry midpoint. Overall, Ningbo Bird Co has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Bird Co's Cyclically Adjusted PB Ratio compare to CSCO and MSI?
According to the Hardware industry distribution chart, Ningbo Bird Co ranks #1310 out of 1951 companies for Cyclically Adjusted PB Ratio. This places Ningbo Bird Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.07. Ningbo Bird Co's value of 3.33 is 60.9% above this benchmark. Historically, Ningbo Bird Co's own Cyclically Adjusted PB Ratio has ranged from 1.91 to 8.99 over the past decade. While the company's 10-year median is 3.23 vs. the industry median of 2.07, Ningbo Bird 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 Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.07, based on 1,951 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. Ningbo Bird Co's current Cyclically Adjusted PB Ratio of 3.33 is 60.9% 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 Ningbo Bird Co and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo Bird Co's current Cyclically Adjusted PB Ratio is 3.33, which is near median its own 10-year median of 3.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Bird Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Bird Co (SHSE:600130) is currently considered Fairly Valued. The stock's GF Value™ is ¥4.71, compared to a current price of ¥4.33 — trading 8.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.33, which is near median its 10-year median of 3.23 and 60.9% above the Hardware industry median of 2.07. Ningbo Bird Co's overall GF Score™ is 68/100 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 Ningbo Bird Co (SHSE:600130), the current Cyclically Adjusted PB Ratio is 3.33 as of Aug. 22, 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 Ningbo Bird Co (SHSE:600130) Overvalued in 2026?

Based on GuruFocus' analysis, Ningbo Bird Co stock appears to be undervalued. The current stock price of ¥4.33 is trading 8.1% below its estimated GF Value™ of ¥4.71. GuruFocus considers Ningbo Bird Co to be Fairly Valued.

Key valuation signals for SHSE:600130:

  • Cyclically Adjusted PB Ratio: 3.33 (near median its 10-year median of 3.23)
  • GF Value™: ¥4.71 vs. price of ¥4.33 (8.1% below fair value)
  • GF Score™: 68/100 with 2 warning signs
  • Industry Position: 60.9% above the Hardware median (#1310 of 1951)

No single metric tells the full story. See the SHSE:600130 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ningbo Bird Co Business Description

Address No. 999 Dacheng East Road, Fenghua, Ningbo, Zhejiang, CHN, 315500
Ningbo Bird Co Ltd is engaged in producing and selling mobile phones, palm computers, and system equipment in China. It offers Android, bar, qwerty, and clamshell phones; and tablets. The company also exports its products to various countries, including France, Italy, other Europe countries, Russia, India, Mexico, Brazil, and other countries.
68GF Score

Get the complete analysis for SHSE:600130

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

¥4.33
Price
¥4.71
GF Value