YTO Express Group Co (SHSE:600233) Cyclically Adjusted PB Ratio: 2.93 (As of Aug. 13, 2026) — 14% Below Median

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SHSE:600233 YTO Express Group Co Ltd SHSE:600233
97 GF Score
Price ¥18.46
GF Value ¥19.31
Valuation Fairly Valued
! 3 Warning Signs
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What is YTO Express Group Co Cyclically Adjusted PB Ratio?

YTO Express Group Co SHSE:600233 -0.11% 97 Cyclically Adjusted PB Ratio is 2.93 as of Aug. 13, 2026, which is 14% below its 10-year median of 3.41. GuruFocus rates SHSE:600233 with a GF Score™ of 97/100 and a GF Value™ of ¥19.31 (Fairly Valued). The stock has 3 warning signs investors should review. Among 728 Transportation companies, YTO Express Group Co ranks worse than 80.77% on this metric.

As of today (2026-08-13), YTO Express Group Co's current share price is ¥18.46. YTO Express Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ¥6.30. YTO Express Group Co's Cyclically Adjusted PB Ratio for today is 2.93.

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

SHSE:600233' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.14   Med: 3.41   Max: 12.59
Current: 2.93

During the past years, YTO Express Group Co's highest Cyclically Adjusted PB Ratio was 12.59. The lowest was 2.14. And the median was 3.41.

SHSE:600233's Cyclically Adjusted PB Ratio is ranked worse than
80.77% of 728 companies
in the Transportation industry
Industry Median: 1.29 vs SHSE:600233: 2.93

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.

YTO Express Group Co's adjusted book value per share data for the three months ended in Mar. 2026 was ¥10.577. 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 ¥6.30 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


YTO Express Group Co  (SHSE:600233) 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.


YTO Express Group Co Cyclically Adjusted PB Ratio Related Terms


YTO Express Group Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for YTO Express Group 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.

YTO Express Group Co Cyclically Adjusted PB Ratio Chart

YTO Express Group 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 3.92 4.27 2.39 2.50 2.69

YTO Express Group 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 2.18 2.17 2.99 2.69 3.20

SHSE:600233 vs UPS, FDX, JBHT: Cyclically Adjusted PB Ratio Comparison

For the Integrated Freight & Logistics subindustry, YTO Express Group 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.


YTO Express Group Co Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, YTO Express Group Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where YTO Express Group Co's Cyclically Adjusted PB Ratio falls into.


SHSE:600233
97GF Score
YTO Express Group Co Ltd SHSE:600233
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

YTO Express Group 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.

YTO Express Group Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=18.46/6.30
=2.93

* 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.

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

For example, YTO Express Group 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)
=10.577/116.3033*116.3033
=10.577

Current CPI (Mar. 2026) = 116.3033.

YTO Express Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 3.242 101.400 3.718
201609 2.781 102.400 3.159
201612 2.908 102.600 3.296
201703 3.007 103.200 3.389
201706 3.004 103.100 3.389
201709 3.134 104.100 3.501
201712 3.263 104.500 3.632
201803 3.397 105.300 3.752
201806 3.466 104.900 3.843
201809 3.641 106.600 3.972
201812 4.065 106.500 4.439
201903 4.197 107.700 4.532
201906 4.244 107.700 4.583
201909 4.433 109.800 4.696
201912 4.535 111.200 4.743
202003 5.098 112.300 5.280
202006 5.172 110.400 5.449
202009 5.264 111.700 5.481
202012 5.421 111.500 5.655
202103 5.541 112.662 5.720
202106 5.477 111.769 5.699
202109 5.579 112.215 5.782
202112 6.580 113.108 6.766
202203 6.834 114.335 6.952
202206 6.956 114.558 7.062
202209 7.415 115.339 7.477
202212 7.751 115.116 7.831
202303 8.015 115.116 8.098
202306 8.052 114.558 8.175
202309 8.219 115.339 8.288
202312 8.366 114.781 8.477
202403 8.640 115.227 8.721
202406 8.603 114.781 8.717
202409 8.877 115.785 8.917
202412 9.189 114.893 9.302
202503 9.440 115.116 9.537
202506 9.363 114.907 9.477
202509 9.749 115.471 9.819
202512 10.176 115.832 10.217
202603 10.577 116.303 10.577

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 2.93 mean?
YTO Express Group Co (SHSE:600233) has a Cyclically Adjusted PB Ratio of 2.93 as of Aug. 13, 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 YTO Express Group Co and its competitors. This is 14% below median its historical median of 3.41. Over the past decade, YTO Express Group Co's Cyclically Adjusted PB Ratio has ranged from 2.14 to 12.59. According to the industry distribution chart, YTO Express Group Co ranks #588 out of 728 companies in the Transportation industry, placing it in the top 80.8%.
Is YTO Express Group Co's Cyclically Adjusted PB Ratio too high?
YTO Express Group Co's current Cyclically Adjusted PB Ratio of 2.93 is 14% below median its 10-year median of 3.41. Over the past 10 years, this metric has ranged from a low of 2.14 to a high of 12.59. The Transportation industry median Cyclically Adjusted PB Ratio is 1.29. YTO Express Group Co's value of 2.93 is 127.1% above this industry median. Based on the distribution chart, YTO Express Group Co ranks #588 out of 728 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, YTO Express Group Co has a GF Score™ of 97/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does YTO Express Group Co's Cyclically Adjusted PB Ratio compare to UPS and FDX?
According to the Transportation industry distribution chart, YTO Express Group Co ranks #588 out of 728 companies for Cyclically Adjusted PB Ratio. This places YTO Express Group Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.29. YTO Express Group Co's value of 2.93 is 127.1% above this benchmark. Historically, YTO Express Group Co's own Cyclically Adjusted PB Ratio has ranged from 2.14 to 12.59 over the past decade. While the company's 10-year median is 3.41 vs. the industry median of 1.29, YTO Express Group 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 Transportation company?
The median Cyclically Adjusted PB Ratio among Transportation companies is 1.29, based on 728 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. YTO Express Group Co's current Cyclically Adjusted PB Ratio of 2.93 is 127.1% 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 YTO Express Group Co and its competitors. For the Transportation industry, the median Cyclically Adjusted PB Ratio is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. YTO Express Group Co's current Cyclically Adjusted PB Ratio is 2.93, which is 14% below median its own 10-year median of 3.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is YTO Express Group Co stock overvalued right now?
Based on GuruFocus' analysis, YTO Express Group Co (SHSE:600233) is currently considered Fairly Valued. The stock's GF Value™ is ¥19.31, compared to a current price of ¥18.46 — trading 4.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.93, which is 14% below median its 10-year median of 3.41 and 127.1% above the Transportation industry median of 1.29. YTO Express Group Co's overall GF Score™ is 97/100 with 3 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 YTO Express Group Co (SHSE:600233), the current Cyclically Adjusted PB Ratio is 2.93 as of Aug. 13, 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 YTO Express Group Co (SHSE:600233) Overvalued in 2026?

Based on GuruFocus' analysis, YTO Express Group Co stock appears to be undervalued. The current stock price of ¥18.46 is trading 4.4% below its estimated GF Value™ of ¥19.31. GuruFocus considers YTO Express Group Co to be Fairly Valued.

Key valuation signals for SHSE:600233:

  • Cyclically Adjusted PB Ratio: 2.93 (14% below median its 10-year median of 3.41)
  • GF Value™: ¥19.31 vs. price of ¥18.46 (4.4% below fair value)
  • GF Score™: 97/100 with 3 warning signs
  • Industry Position: 127.1% above the Transportation median (#588 of 728)

No single metric tells the full story. See the SHSE:600233 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


YTO Express Group Co Business Description

Address No. 28, Xinxie Road, Huaxin Town, Qingpu District, Shanghai, CHN, 201708
YTO Express is one of the Tongda operators—the top four national express delivery companies that use the network partner model. In this model, Tongdas provide line-haul transportation, sorting, and waybill services to their network partners for fees, while their local network partners provide first-mile pickup and last-mile delivery services under the Tongdas' brands and collect customer payments.The company was founded by Yu Huijiao in 2000. Yu remains chair and president with a 33.4% stake as of Feb. 25, 2026. Yu and Zhang Xiaojuan, who owned 2.15% of YTO as of that date, are persons acting in concert. YTO's strategic shareholder is leading China e-commerce company Alibaba Group and its affiliated companies, with around a 16.8% interest as of Feb. 25, 2026.
97GF Score

Get the complete analysis for SHSE:600233

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

¥18.46
Price
¥19.31
GF Value