Ningxia Zhongke Biotechnology Co (SHSE:600165) Cyclically Adjusted PB Ratio: 3.35 (As of Aug. 27, 2026) — 16% Below Median

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SHSE:600165 Ningxia Zhongke Biotechnology Co Ltd SHSE:600165
53 GF Score
Price ¥3.22
GF Value ¥2.73
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Ningxia Zhongke Biotechnology Co Cyclically Adjusted PB Ratio?

Ningxia Zhongke Biotechnology Co SHSE:600165 -5.57% 53 Cyclically Adjusted PB Ratio is 3.35 as of Aug. 27, 2026, which is 16% below its 10-year median of 3.98. GuruFocus rates SHSE:600165 with a GF Score™ of 53/100 and a GF Value™ of ¥2.73 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,114 Chemicals companies, Ningxia Zhongke Biotechnology Co ranks worse than 75.85% on this metric.

As of today (2026-08-27), Ningxia Zhongke Biotechnology Co's current share price is ¥3.22. Ningxia Zhongke Biotechnology Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ¥0.96. Ningxia Zhongke Biotechnology Co's Cyclically Adjusted PB Ratio for today is 3.35.

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

SHSE:600165' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.05   Med: 3.98   Max: 12.57
Current: 3.43

During the past years, Ningxia Zhongke Biotechnology Co's highest Cyclically Adjusted PB Ratio was 12.57. The lowest was 1.05. And the median was 3.98.

SHSE:600165's Cyclically Adjusted PB Ratio is ranked worse than
75.85% of 1114 companies
in the Chemicals industry
Industry Median: 1.65 vs SHSE:600165: 3.43

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.

Ningxia Zhongke Biotechnology Co's adjusted book value per share data for the three months ended in Mar. 2026 was ¥0.708. 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 ¥0.96 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ningxia Zhongke Biotechnology Co  (SHSE:600165) 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.


Ningxia Zhongke Biotechnology Co Cyclically Adjusted PB Ratio Related Terms


Ningxia Zhongke Biotechnology Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Ningxia Zhongke Biotechnology 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.

Ningxia Zhongke Biotechnology Co Cyclically Adjusted PB Ratio Chart

Ningxia Zhongke Biotechnology 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 9.06 4.72 2.58 2.18 4.23

Ningxia Zhongke Biotechnology 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 4.11 4.52 3.84 4.23 3.47

SHSE:600165 vs LIN, SHW, ECL: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, Ningxia Zhongke Biotechnology 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.


Ningxia Zhongke Biotechnology Co Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ningxia Zhongke Biotechnology Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


SHSE:600165
53GF Score
Ningxia Zhongke Biotechnology Co Ltd SHSE:600165
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Ningxia Zhongke Biotechnology 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.

Ningxia Zhongke Biotechnology Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.22/0.96
=3.35

* 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.

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

For example, Ningxia Zhongke Biotechnology 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)
=0.708/116.3033*116.3033
=0.708

Current CPI (Mar. 2026) = 116.3033.

Ningxia Zhongke Biotechnology Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.322 101.400 1.516
201609 1.305 102.400 1.482
201612 1.163 102.600 1.318
201703 1.156 103.200 1.303
201706 1.145 103.100 1.292
201709 1.177 104.100 1.315
201712 1.260 104.500 1.402
201803 1.260 105.300 1.392
201806 1.253 104.900 1.389
201809 1.260 106.600 1.375
201812 1.260 106.500 1.376
201903 1.263 107.700 1.364
201906 1.346 107.700 1.454
201909 1.334 109.800 1.413
201912 1.303 111.200 1.363
202003 1.316 112.300 1.363
202006 1.305 110.400 1.375
202009 1.301 111.700 1.355
202012 1.396 111.500 1.456
202103 1.400 112.662 1.445
202106 1.380 111.769 1.436
202109 1.367 112.215 1.417
202112 1.125 113.108 1.157
202203 1.070 114.335 1.088
202206 1.132 114.558 1.149
202209 1.088 115.339 1.097
202212 0.817 115.116 0.825
202303 0.834 115.116 0.843
202306 0.719 114.558 0.730
202309 0.597 115.339 0.602
202312 0.145 114.781 0.147
202403 0.170 115.227 0.172
202406 -0.531 114.781 -0.538
202409 -0.611 115.785 -0.614
202412 0.105 114.893 0.106
202503 0.011 115.116 0.011
202506 -0.145 114.907 -0.147
202509 -0.111 115.471 -0.112
202512 0.748 115.832 0.751
202603 0.708 116.303 0.708

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 3.35 mean?
Ningxia Zhongke Biotechnology Co (SHSE:600165) has a Cyclically Adjusted PB Ratio of 3.35 as of Aug. 27, 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 Ningxia Zhongke Biotechnology Co and its competitors. This is 16% below median its historical median of 3.98. Over the past decade, Ningxia Zhongke Biotechnology Co's Cyclically Adjusted PB Ratio has ranged from 1.05 to 12.57. According to the industry distribution chart, Ningxia Zhongke Biotechnology Co ranks #845 out of 1114 companies in the Chemicals industry, placing it in the top 75.9%.
Is Ningxia Zhongke Biotechnology Co's Cyclically Adjusted PB Ratio too high?
Ningxia Zhongke Biotechnology Co's current Cyclically Adjusted PB Ratio of 3.35 is 16% below median its 10-year median of 3.98. Over the past 10 years, this metric has ranged from a low of 1.05 to a high of 12.57. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.65. Ningxia Zhongke Biotechnology Co's value of 3.35 is 103% above this industry median. Based on the distribution chart, Ningxia Zhongke Biotechnology Co ranks #845 out of 1114 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Ningxia Zhongke Biotechnology Co has a GF Score™ of 53/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ningxia Zhongke Biotechnology Co's Cyclically Adjusted PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Ningxia Zhongke Biotechnology Co ranks #845 out of 1114 companies for Cyclically Adjusted PB Ratio. This places Ningxia Zhongke Biotechnology Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.65. Ningxia Zhongke Biotechnology Co's value of 3.35 is 103% above this benchmark. Historically, Ningxia Zhongke Biotechnology Co's own Cyclically Adjusted PB Ratio has ranged from 1.05 to 12.57 over the past decade. While the company's 10-year median is 3.98 vs. the industry median of 1.65, Ningxia Zhongke Biotechnology 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 Chemicals company?
The median Cyclically Adjusted PB Ratio among Chemicals companies is 1.65, based on 1,114 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. Ningxia Zhongke Biotechnology Co's current Cyclically Adjusted PB Ratio of 3.35 is 103% 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 Ningxia Zhongke Biotechnology Co and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningxia Zhongke Biotechnology Co's current Cyclically Adjusted PB Ratio is 3.35, which is 16% below median its own 10-year median of 3.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningxia Zhongke Biotechnology Co stock overvalued right now?
Based on GuruFocus' analysis, Ningxia Zhongke Biotechnology Co (SHSE:600165) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥2.73, compared to a current price of ¥3.22 — trading 17.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.35, which is 16% below median its 10-year median of 3.98 and 103% above the Chemicals industry median of 1.65. Ningxia Zhongke Biotechnology Co's overall GF Score™ is 53/100 with 5 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 Ningxia Zhongke Biotechnology Co (SHSE:600165), the current Cyclically Adjusted PB Ratio is 3.35 as of Aug. 27, 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 Ningxia Zhongke Biotechnology Co (SHSE:600165) Overvalued in 2026?

Based on GuruFocus' analysis, Ningxia Zhongke Biotechnology Co stock appears to be overvalued. The current stock price of ¥3.22 is trading 17.9% above its estimated GF Value™ of ¥2.73. GuruFocus considers Ningxia Zhongke Biotechnology Co to be Modestly Overvalued.

Key valuation signals for SHSE:600165:

  • Cyclically Adjusted PB Ratio: 3.35 (16% below median its 10-year median of 3.98)
  • GF Value™: ¥2.73 vs. price of ¥3.22 (17.9% above fair value)
  • GF Score™: 53/100 with 5 warning signs
  • Industry Position: 103% above the Chemicals median (#845 of 1114)

No single metric tells the full story. See the SHSE:600165 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ningxia Zhongke Biotechnology Co Business Description

Address Hebin Street, Ningxia Hui Autonomous Region, Huinong District, Shizuishan, CHN, 750002
Ningxia Zhongke Biotechnology Co Ltd is engaged in the production and sales of activated carbon products, preparation and storage of stem cells, trade and other businesses, as well as lauric acid.
53GF Score

Get the complete analysis for SHSE:600165

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

¥3.22
Price
¥2.73
GF Value