Shanghai Pudong Construction Co (SHSE:600284) Cyclically Adjusted PB Ratio: 0.72 (As of Aug. 07, 2026) — 36% Below Median

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SHSE:600284 Shanghai Pudong Construction Co Ltd SHSE:600284
61 GF Score
Price ¥5.13
GF Value ¥6.79
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Shanghai Pudong Construction Co Cyclically Adjusted PB Ratio?

Shanghai Pudong Construction Co SHSE:600284 -0.58% 61 Cyclically Adjusted PB Ratio is 0.72 as of Aug. 07, 2026, which is 36% below its 10-year median of 1.13. GuruFocus rates SHSE:600284 with a GF Score™ of 61/100 and a GF Value™ of ¥6.79 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 1,343 Construction companies, Shanghai Pudong Construction Co ranks better than 68.8% on this metric.

As of today (2026-08-07), Shanghai Pudong Construction Co's current share price is ¥5.13. Shanghai Pudong Construction Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ¥7.08. Shanghai Pudong Construction Co's Cyclically Adjusted PB Ratio for today is 0.72.

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

SHSE:600284' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.68   Med: 1.13   Max: 2.31
Current: 0.68

During the past years, Shanghai Pudong Construction Co's highest Cyclically Adjusted PB Ratio was 2.31. The lowest was 0.68. And the median was 1.13.

SHSE:600284's Cyclically Adjusted PB Ratio is ranked better than
68.8% of 1343 companies
in the Construction industry
Industry Median: 1.14 vs SHSE:600284: 0.68

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.

Shanghai Pudong Construction Co's adjusted book value per share data for the three months ended in Mar. 2026 was ¥8.219. 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 ¥7.08 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shanghai Pudong Construction Co  (SHSE:600284) 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.


Shanghai Pudong Construction Co Cyclically Adjusted PB Ratio Related Terms


Shanghai Pudong Construction Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Shanghai Pudong Construction 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.

Shanghai Pudong Construction Co Cyclically Adjusted PB Ratio Chart

Shanghai Pudong Construction 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 1.07 1.08 0.97 0.94 1.20

Shanghai Pudong Construction 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 0.95 0.97 1.45 1.20 1.01

SHSE:600284 vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, Shanghai Pudong Construction 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.


Shanghai Pudong Construction Co Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Shanghai Pudong Construction Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Shanghai Pudong Construction Co's Cyclically Adjusted PB Ratio falls into.


SHSE:600284
61GF Score
Shanghai Pudong Construction Co Ltd SHSE:600284
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanghai Pudong Construction 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.

Shanghai Pudong Construction Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.13/7.08
=0.72

* 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.

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

For example, Shanghai Pudong Construction 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)
=8.219/116.3033*116.3033
=8.219

Current CPI (Mar. 2026) = 116.3033.

Shanghai Pudong Construction Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 5.207 101.400 5.972
201609 5.291 102.400 6.009
201612 5.426 102.600 6.151
201703 5.383 103.200 6.066
201706 5.465 103.100 6.165
201709 5.533 104.100 6.182
201712 5.693 104.500 6.336
201803 5.640 105.300 6.229
201806 5.733 104.900 6.356
201809 5.789 106.600 6.316
201812 6.045 106.500 6.601
201903 6.120 107.700 6.609
201906 6.056 107.700 6.540
201909 6.152 109.800 6.516
201912 6.314 111.200 6.604
202003 6.398 112.300 6.626
202006 6.357 110.400 6.697
202009 6.432 111.700 6.697
202012 6.628 111.500 6.914
202103 6.751 112.662 6.969
202106 6.689 111.769 6.960
202109 6.803 112.215 7.051
202112 7.021 113.108 7.219
202203 7.182 114.335 7.306
202206 7.066 114.558 7.174
202209 7.267 115.339 7.328
202212 7.674 115.116 7.753
202303 7.529 115.116 7.607
202306 7.504 114.558 7.618
202309 7.672 115.339 7.736
202312 7.752 114.781 7.855
202403 7.903 115.227 7.977
202406 7.806 114.781 7.910
202409 8.014 115.785 8.050
202412 7.983 114.893 8.081
202503 8.106 115.116 8.190
202506 8.118 114.907 8.217
202509 8.132 115.471 8.191
202512 8.169 115.832 8.202
202603 8.219 116.303 8.219

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 0.72 mean?
Shanghai Pudong Construction Co (SHSE:600284) has a Cyclically Adjusted PB Ratio of 0.72 as of Aug. 07, 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 Shanghai Pudong Construction Co and its competitors. This is 36% below median its historical median of 1.13. Over the past decade, Shanghai Pudong Construction Co's Cyclically Adjusted PB Ratio has ranged from 0.68 to 2.31. According to the industry distribution chart, Shanghai Pudong Construction Co ranks #419 out of 1343 companies in the Construction industry, placing it in the top 31.2%.
Is Shanghai Pudong Construction Co's Cyclically Adjusted PB Ratio too high?
Shanghai Pudong Construction Co's current Cyclically Adjusted PB Ratio of 0.72 is 36% below median its 10-year median of 1.13. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 2.31. The Construction industry median Cyclically Adjusted PB Ratio is 1.14. Shanghai Pudong Construction Co's value of 0.72 is 36.8% below this industry median. Based on the distribution chart, Shanghai Pudong Construction Co ranks #419 out of 1343 companies in the Construction industry, which is above the industry midpoint. Overall, Shanghai Pudong Construction Co has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Pudong Construction Co's Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Shanghai Pudong Construction Co ranks #419 out of 1343 companies for Cyclically Adjusted PB Ratio. This puts Shanghai Pudong Construction Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.14. Shanghai Pudong Construction Co's value of 0.72 is 36.8% below this benchmark. Historically, Shanghai Pudong Construction Co's own Cyclically Adjusted PB Ratio has ranged from 0.68 to 2.31 over the past decade. While the company's 10-year median is 1.13 vs. the industry median of 1.14, Shanghai Pudong Construction Co has consistently been below 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 Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.14, based on 1,343 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. Shanghai Pudong Construction Co's current Cyclically Adjusted PB Ratio of 0.72 is 36.8% below 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 Shanghai Pudong Construction Co and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Pudong Construction Co's current Cyclically Adjusted PB Ratio is 0.72, which is 36% below median its own 10-year median of 1.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Pudong Construction Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Pudong Construction Co (SHSE:600284) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥6.79, compared to a current price of ¥5.13 — trading 24.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.72, which is 36% below median its 10-year median of 1.13 and 36.8% below the Construction industry median of 1.14. Shanghai Pudong Construction Co's overall GF Score™ is 61/100 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 Shanghai Pudong Construction Co (SHSE:600284), the current Cyclically Adjusted PB Ratio is 0.72 as of Aug. 07, 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 Shanghai Pudong Construction Co (SHSE:600284) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Pudong Construction Co stock appears to be undervalued. The current stock price of ¥5.13 is trading 24.4% below its estimated GF Value™ of ¥6.79. GuruFocus considers Shanghai Pudong Construction Co to be Modestly Undervalued.

Key valuation signals for SHSE:600284:

  • Cyclically Adjusted PB Ratio: 0.72 (36% below median its 10-year median of 1.13)
  • GF Value™: ¥6.79 vs. price of ¥5.13 (24.4% below fair value)
  • GF Score™: 61/100 with 8 warning signs
  • Industry Position: 36.8% below the Construction median (#419 of 1343)

No single metric tells the full story. See the SHSE:600284 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Pudong Construction Co Business Description

Address No. 3, Lane 701, Chuanqiao Road, 7th Floor, Pudong New Area, Shanghai, CHN, 200122
Shanghai Pudong Construction Co Ltd, formerly Shanghai Pudong Road & Bridge Construction Co Ltd is engaged in the construction or roads, bridges, and other infrastructure projects in China. The company is also involved in the supply of asphalt mixtures and the environmental protection industry. Geographically, the activities are carried out through China.
61GF Score

Get the complete analysis for SHSE:600284

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

¥5.13
Price
¥6.79
GF Value