China Rare Earth Nonferrous Metals Co (SHSE:600259) Cyclically Adjusted PB Ratio: 10.11 (As of Aug. 31, 2026) — 15% Above Median

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SHSE:600259 China Rare Earth Nonferrous Metals Co Ltd SHSE:600259
50 GF Score
Price ¥81.89
GF Value ¥16.67
Valuation Significantly Overvalued
! 3 Warning Signs
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What is China Rare Earth Nonferrous Metals Co Cyclically Adjusted PB Ratio?

China Rare Earth Nonferrous Metals Co SHSE:600259 -2.17% 50 Cyclically Adjusted PB Ratio is 10.11 as of Aug. 31, 2026, which is 15% above its 10-year median of 8.77. GuruFocus rates SHSE:600259 with a GF Score™ of 50/100 and a GF Value™ of ¥16.67 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,501 Metals & Mining companies, China Rare Earth Nonferrous Metals Co ranks worse than 90.54% on this metric.

As of today (2026-08-31), China Rare Earth Nonferrous Metals Co's current share price is ¥81.89. China Rare Earth Nonferrous Metals Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ¥8.10. China Rare Earth Nonferrous Metals Co's Cyclically Adjusted PB Ratio for today is 10.11.

The historical rank and industry rank for China Rare Earth Nonferrous Metals Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:600259' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.64   Med: 8.77   Max: 39.46
Current: 10.25

During the past years, China Rare Earth Nonferrous Metals Co's highest Cyclically Adjusted PB Ratio was 39.46. The lowest was 3.64. And the median was 8.77.

SHSE:600259's Cyclically Adjusted PB Ratio is ranked worse than
90.54% of 1501 companies
in the Metals & Mining industry
Industry Median: 1.58 vs SHSE:600259: 10.25

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.

China Rare Earth Nonferrous Metals Co's adjusted book value per share data for the three months ended in Jun. 2026 was ¥11.436. 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 ¥8.10 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Rare Earth Nonferrous Metals Co  (SHSE:600259) 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.


China Rare Earth Nonferrous Metals Co Cyclically Adjusted PB Ratio Related Terms


China Rare Earth Nonferrous Metals Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for China Rare Earth Nonferrous Metals 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.

China Rare Earth Nonferrous Metals Co Cyclically Adjusted PB Ratio Chart

China Rare Earth Nonferrous Metals 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 10.94 7.52 5.76 4.06 7.37

China Rare Earth Nonferrous Metals 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 7.39 7.80 7.37 9.97 12.54

China Rare Earth Nonferrous Metals Co Cyclically Adjusted PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, China Rare Earth Nonferrous Metals 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.


China Rare Earth Nonferrous Metals Co Cyclically Adjusted PB Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, China Rare Earth Nonferrous Metals Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where China Rare Earth Nonferrous Metals Co's Cyclically Adjusted PB Ratio falls into.


SHSE:600259
50GF Score
China Rare Earth Nonferrous Metals Co Ltd SHSE:600259
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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China Rare Earth Nonferrous Metals 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.

China Rare Earth Nonferrous Metals Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=81.89/8.10
=10.11

* 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.

China Rare Earth Nonferrous Metals Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, China Rare Earth Nonferrous Metals 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)
=11.436/116.0564*116.0564
=11.436

Current CPI (Jun. 2026) = 116.0564.

China Rare Earth Nonferrous Metals Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 1.365 102.400 1.547
201612 6.400 102.600 7.239
201703 6.404 103.200 7.202
201706 6.294 103.100 7.085
201709 6.431 104.100 7.170
201712 6.474 104.500 7.190
201803 6.483 105.300 7.145
201806 6.348 104.900 7.023
201809 5.998 106.600 6.530
201812 5.569 106.500 6.069
201903 5.633 107.700 6.070
201906 5.785 107.700 6.234
201909 5.801 109.800 6.132
201912 5.691 111.200 5.940
202003 5.709 112.300 5.900
202006 5.628 110.400 5.916
202009 5.651 111.700 5.871
202012 5.711 111.500 5.944
202103 5.827 112.662 6.003
202106 5.866 111.769 6.091
202109 6.011 112.215 6.217
202112 6.037 113.108 6.194
202203 9.782 114.335 9.929
202206 10.097 114.558 10.229
202209 10.174 115.339 10.237
202212 10.225 115.116 10.309
202303 10.244 115.116 10.328
202306 10.537 114.558 10.675
202309 10.735 115.339 10.802
202312 10.851 114.781 10.972
202403 9.955 115.227 10.027
202406 9.976 114.781 10.087
202409 10.057 115.785 10.081
202412 9.987 114.893 10.088
202503 10.133 115.116 10.216
202506 10.218 114.907 10.320
202509 10.387 115.471 10.440
202512 10.375 115.832 10.395
202603 10.885 116.303 10.862
202606 11.436 116.056 11.436

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 10.11 mean?
China Rare Earth Nonferrous Metals Co (SHSE:600259) has a Cyclically Adjusted PB Ratio of 10.11 as of Aug. 31, 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 China Rare Earth Nonferrous Metals Co and its competitors. This is 15% above median its historical median of 8.77. Over the past decade, China Rare Earth Nonferrous Metals Co's Cyclically Adjusted PB Ratio has ranged from 3.64 to 39.46. According to the industry distribution chart, China Rare Earth Nonferrous Metals Co ranks #1359 out of 1501 companies in the Metals & Mining industry, placing it in the top 90.5%.
Is China Rare Earth Nonferrous Metals Co's Cyclically Adjusted PB Ratio too high?
China Rare Earth Nonferrous Metals Co's current Cyclically Adjusted PB Ratio of 10.11 is 15% above median its 10-year median of 8.77. Over the past 10 years, this metric has ranged from a low of 3.64 to a high of 39.46. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.58. China Rare Earth Nonferrous Metals Co's value of 10.11 is 539.9% above this industry median. Based on the distribution chart, China Rare Earth Nonferrous Metals Co ranks #1359 out of 1501 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, China Rare Earth Nonferrous Metals Co has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Rare Earth Nonferrous Metals Co's Cyclically Adjusted PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, China Rare Earth Nonferrous Metals Co ranks #1359 out of 1501 companies for Cyclically Adjusted PB Ratio. This places China Rare Earth Nonferrous Metals Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.58. China Rare Earth Nonferrous Metals Co's value of 10.11 is 539.9% above this benchmark. Historically, China Rare Earth Nonferrous Metals Co's own Cyclically Adjusted PB Ratio has ranged from 3.64 to 39.46 over the past decade. While the company's 10-year median is 8.77 vs. the industry median of 1.58, China Rare Earth Nonferrous Metals 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 Metals & Mining company?
The median Cyclically Adjusted PB Ratio among Metals & Mining companies is 1.58, based on 1,501 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. China Rare Earth Nonferrous Metals Co's current Cyclically Adjusted PB Ratio of 10.11 is 539.9% 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 China Rare Earth Nonferrous Metals Co and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Rare Earth Nonferrous Metals Co's current Cyclically Adjusted PB Ratio is 10.11, which is 15% above median its own 10-year median of 8.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Rare Earth Nonferrous Metals Co stock overvalued right now?
Based on GuruFocus' analysis, China Rare Earth Nonferrous Metals Co (SHSE:600259) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥16.67, compared to a current price of ¥81.89 — trading 391.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 10.11, which is 15% above median its 10-year median of 8.77 and 539.9% above the Metals & Mining industry median of 1.58. China Rare Earth Nonferrous Metals Co's overall GF Score™ is 50/100 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 China Rare Earth Nonferrous Metals Co (SHSE:600259), the current Cyclically Adjusted PB Ratio is 10.11 as of Aug. 31, 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 China Rare Earth Nonferrous Metals Co (SHSE:600259) Overvalued in 2026?

Based on GuruFocus' analysis, China Rare Earth Nonferrous Metals Co stock appears to be overvalued. The current stock price of ¥81.89 is trading 391.2% above its estimated GF Value™ of ¥16.67. GuruFocus considers China Rare Earth Nonferrous Metals Co to be Significantly Overvalued.

Key valuation signals for SHSE:600259:

  • Cyclically Adjusted PB Ratio: 10.11 (15% above median its 10-year median of 8.77)
  • GF Value™: ¥16.67 vs. price of ¥81.89 (391.2% above fair value)
  • GF Score™: 50/100 with 3 warning signs
  • Industry Position: 539.9% above the Metals & Mining median (#1359 of 1501)

No single metric tells the full story. See the SHSE:600259 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Rare Earth Nonferrous Metals Co Business Description

Address No. 157 Linhe West Road, 31-32nd Floor, Building A, Poly Zhonghui Plaza, Tianhe District, Guangdong Province, Guangzhou, CHN, 510610
China Rare Earth Nonferrous Metals Co Ltd is engaged in the mining, processing, and sale of non-ferrous metals. Its operations include investment and management of mining projects for non-ferrous and precious metals, including rare earth elements, as well as smelting of these metals. The company also focuses on the manufacturing of non-ferrous metal alloys, processing of metals through calendering, and the acquisition, processing, and sale of non-ferrous metal products.
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Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥81.89
Price
¥16.67
GF Value