Datang Telecom Technology Co (SHSE:600198) Cyclically Adjusted PB Ratio: 26.72 (As of Sep. 02, 2026) — 491% Above Median

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SHSE:600198 Datang Telecom Technology Co Ltd SHSE:600198
52 GF Score
Price ¥7.75
GF Value ¥9.28
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Datang Telecom Technology Co Cyclically Adjusted PB Ratio?

Datang Telecom Technology Co SHSE:600198 -2.76% 52 Cyclically Adjusted PB Ratio is 26.72 as of Sep. 02, 2026, which is 491% above its 10-year median of 4.52. GuruFocus rates SHSE:600198 with a GF Score™ of 52/100 and a GF Value™ of ¥9.28 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 1,928 Hardware companies, Datang Telecom Technology Co ranks worse than 97.67% on this metric.

As of today (2026-09-02), Datang Telecom Technology Co's current share price is ¥7.75. Datang Telecom Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ¥0.29. Datang Telecom Technology Co's Cyclically Adjusted PB Ratio for today is 26.72.

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

SHSE:600198' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.12   Med: 4.52   Max: 31.28
Current: 26.35

During the past years, Datang Telecom Technology Co's highest Cyclically Adjusted PB Ratio was 31.28. The lowest was 2.12. And the median was 4.52.

SHSE:600198's Cyclically Adjusted PB Ratio is ranked worse than
97.67% of 1928 companies
in the Hardware industry
Industry Median: 2.08 vs SHSE:600198: 26.35

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.

Datang Telecom Technology Co's adjusted book value per share data for the three months ended in Jun. 2026 was ¥0.157. 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 ¥0.29 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Datang Telecom Technology Co  (SHSE:600198) 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.


Datang Telecom Technology Co Cyclically Adjusted PB Ratio Related Terms


Datang Telecom Technology Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Datang Telecom Technology 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.

Datang Telecom Technology Co Cyclically Adjusted PB Ratio Chart

Datang Telecom Technology 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 4.74 3.38 4.57 8.58 18.13

Datang Telecom Technology 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 11.13 12.29 18.13 19.99 32.73

SHSE:600198 vs CSCO, MSI, LITE: Cyclically Adjusted PB Ratio Comparison

For the Communication Equipment subindustry, Datang Telecom Technology 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.


Datang Telecom Technology Co Cyclically Adjusted PB Ratio vs Hardware Industry

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

* The bar in red indicates where Datang Telecom Technology Co's Cyclically Adjusted PB Ratio falls into.


SHSE:600198
52GF Score
Datang Telecom Technology Co Ltd SHSE:600198
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Datang Telecom Technology 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.

Datang Telecom Technology Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.75/0.29
=26.72

* 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.

Datang Telecom Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Datang Telecom Technology 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)
=0.157/116.0564*116.0564
=0.157

Current CPI (Jun. 2026) = 116.0564.

Datang Telecom Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 3.905 102.400 4.426
201612 2.598 102.600 2.939
201703 2.450 103.200 2.755
201706 2.532 103.100 2.850
201709 2.320 104.100 2.586
201712 -0.433 104.500 -0.481
201803 -0.607 105.300 -0.669
201806 -0.846 104.900 -0.936
201809 -0.142 106.600 -0.155
201812 0.210 106.500 0.229
201903 0.033 107.700 0.036
201906 -0.156 107.700 -0.168
201909 -0.400 109.800 -0.423
201912 0.026 111.200 0.027
202003 -0.063 112.300 -0.065
202006 -0.092 110.400 -0.097
202009 -0.220 111.700 -0.229
202012 -1.313 111.500 -1.367
202103 -1.559 112.662 -1.606
202106 -1.573 111.769 -1.633
202109 -1.084 112.215 -1.121
202112 0.328 113.108 0.337
202203 0.316 114.335 0.321
202206 0.391 114.558 0.396
202209 0.364 115.339 0.366
202212 0.375 115.116 0.378
202303 0.324 115.116 0.327
202306 0.354 114.558 0.359
202309 0.285 115.339 0.287
202312 0.237 114.781 0.240
202403 0.180 115.227 0.181
202406 0.190 114.781 0.192
202409 0.169 115.785 0.169
202412 0.247 114.893 0.250
202503 0.190 115.116 0.192
202506 0.185 114.907 0.187
202509 0.210 115.471 0.211
202512 0.198 115.832 0.198
202603 0.148 116.303 0.148
202606 0.157 116.056 0.157

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 26.72 mean?
Datang Telecom Technology Co (SHSE:600198) has a Cyclically Adjusted PB Ratio of 26.72 as of Sep. 02, 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 Datang Telecom Technology Co and its competitors. This is 491% above median its historical median of 4.52. Over the past decade, Datang Telecom Technology Co's Cyclically Adjusted PB Ratio has ranged from 2.12 to 31.28. According to the industry distribution chart, Datang Telecom Technology Co ranks #1883 out of 1928 companies in the Hardware industry, placing it in the top 97.7%.
Is Datang Telecom Technology Co's Cyclically Adjusted PB Ratio too high?
Datang Telecom Technology Co's current Cyclically Adjusted PB Ratio of 26.72 is 491% above median its 10-year median of 4.52. Over the past 10 years, this metric has ranged from a low of 2.12 to a high of 31.28. The Hardware industry median Cyclically Adjusted PB Ratio is 2.08. Datang Telecom Technology Co's value of 26.72 is 1184.6% above this industry median. Based on the distribution chart, Datang Telecom Technology Co ranks #1883 out of 1928 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Datang Telecom Technology Co has a GF Score™ of 52/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Datang Telecom Technology Co's Cyclically Adjusted PB Ratio compare to CSCO and MSI?
According to the Hardware industry distribution chart, Datang Telecom Technology Co ranks #1883 out of 1928 companies for Cyclically Adjusted PB Ratio. This places Datang Telecom Technology Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.08. Datang Telecom Technology Co's value of 26.72 is 1184.6% above this benchmark. Historically, Datang Telecom Technology Co's own Cyclically Adjusted PB Ratio has ranged from 2.12 to 31.28 over the past decade. While the company's 10-year median is 4.52 vs. the industry median of 2.08, Datang Telecom Technology 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 2.08, based on 1,928 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. Datang Telecom Technology Co's current Cyclically Adjusted PB Ratio of 26.72 is 1184.6% 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 Datang Telecom Technology Co and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Datang Telecom Technology Co's current Cyclically Adjusted PB Ratio is 26.72, which is 491% above median its own 10-year median of 4.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Datang Telecom Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Datang Telecom Technology Co (SHSE:600198) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥9.28, compared to a current price of ¥7.75 — trading 16.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 26.72, which is 491% above median its 10-year median of 4.52 and 1184.6% above the Hardware industry median of 2.08. Datang Telecom Technology Co's overall GF Score™ is 52/100 with 8 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 Datang Telecom Technology Co (SHSE:600198), the current Cyclically Adjusted PB Ratio is 26.72 as of Sep. 02, 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 Datang Telecom Technology Co (SHSE:600198) Overvalued in 2026?

Based on GuruFocus' analysis, Datang Telecom Technology Co stock appears to be undervalued. The current stock price of ¥7.75 is trading 16.5% below its estimated GF Value™ of ¥9.28. GuruFocus considers Datang Telecom Technology Co to be Modestly Undervalued.

Key valuation signals for SHSE:600198:

  • Cyclically Adjusted PB Ratio: 26.72 (491% above median its 10-year median of 4.52)
  • GF Value™: ¥9.28 vs. price of ¥7.75 (16.5% below fair value)
  • GF Score™: 52/100 with 8 warning signs
  • Industry Position: 1184.6% above the Hardware median (#1883 of 1928)

No single metric tells the full story. See the SHSE:600198 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Datang Telecom Technology Co Business Description

Address No. 6 Yongjia North Road, Haidian District, Beijing, CHN, 100094
Datang Telecom Technology Co Ltd is a China-based company engaged in the communication equipment manufacturing industry. It is involved in the manufacturing of electronic and communication equipment, mobile phone, instrument and cultural and official goods, production and sales of security and protection products and design construction of security and protection work. It also provides system integration and network engineering services. The company operates its businesses primarily in domestic market.
52GF Score

Get the complete analysis for SHSE:600198

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

¥7.75
Price
¥9.28
GF Value