Jiangxi Hongdu Aviation Industry Co (SHSE:600316) Cyclically Adjusted PB Ratio: 4.18 (As of Aug. 31, 2026) — 30% Above Median

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SHSE:600316 Jiangxi Hongdu Aviation Industry Co Ltd SHSE:600316
63 GF Score
Price ¥31.41
GF Value ¥54.02
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Jiangxi Hongdu Aviation Industry Co Cyclically Adjusted PB Ratio?

Jiangxi Hongdu Aviation Industry Co SHSE:600316 +2.05% 63 Cyclically Adjusted PB Ratio is 4.18 as of Aug. 31, 2026, which is 30% above its 10-year median of 3.21. GuruFocus rates SHSE:600316 with a GF Score™ of 63/100 and a GF Value™ of ¥54.02 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 204 Aerospace & Defense companies, Jiangxi Hongdu Aviation Industry Co ranks worse than 58.33% on this metric.

As of today (2026-08-31), Jiangxi Hongdu Aviation Industry Co's current share price is ¥31.41. Jiangxi Hongdu Aviation Industry Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ¥7.51. Jiangxi Hongdu Aviation Industry Co's Cyclically Adjusted PB Ratio for today is 4.18.

The historical rank and industry rank for Jiangxi Hongdu Aviation Industry Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:600316' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.14   Med: 3.21   Max: 7.58
Current: 4.1

During the past years, Jiangxi Hongdu Aviation Industry Co's highest Cyclically Adjusted PB Ratio was 7.58. The lowest was 1.14. And the median was 3.21.

SHSE:600316's Cyclically Adjusted PB Ratio is ranked worse than
58.33% of 204 companies
in the Aerospace & Defense industry
Industry Median: 3.45 vs SHSE:600316: 4.10

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.

Jiangxi Hongdu Aviation Industry Co's adjusted book value per share data for the three months ended in Jun. 2026 was ¥7.502. 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 ¥7.51 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jiangxi Hongdu Aviation Industry Co  (SHSE:600316) 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.


Jiangxi Hongdu Aviation Industry Co Cyclically Adjusted PB Ratio Related Terms


Jiangxi Hongdu Aviation Industry Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Jiangxi Hongdu Aviation Industry 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.

Jiangxi Hongdu Aviation Industry Co Cyclically Adjusted PB Ratio Chart

Jiangxi Hongdu Aviation Industry 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 5.17 3.30 2.79 4.26 4.63

Jiangxi Hongdu Aviation Industry 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 5.02 5.03 4.63 5.24 3.72

SHSE:600316 vs SPCX, GE, RTX: Cyclically Adjusted PB Ratio Comparison

For the Aerospace & Defense subindustry, Jiangxi Hongdu Aviation Industry 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.


Jiangxi Hongdu Aviation Industry Co Cyclically Adjusted PB Ratio vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Jiangxi Hongdu Aviation Industry Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Jiangxi Hongdu Aviation Industry Co's Cyclically Adjusted PB Ratio falls into.


SHSE:600316
63GF Score
Jiangxi Hongdu Aviation Industry Co Ltd SHSE:600316
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Jiangxi Hongdu Aviation Industry 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.

Jiangxi Hongdu Aviation Industry Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=31.41/7.51
=4.18

* 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.

Jiangxi Hongdu Aviation Industry Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Jiangxi Hongdu Aviation Industry 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)
=7.502/116.0564*116.0564
=7.502

Current CPI (Jun. 2026) = 116.0564.

Jiangxi Hongdu Aviation Industry Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 7.181 102.400 8.139
201612 7.063 102.600 7.989
201703 7.034 103.200 7.910
201706 6.918 103.100 7.787
201709 6.831 104.100 7.616
201712 6.842 104.500 7.599
201803 6.862 105.300 7.563
201806 6.734 104.900 7.450
201809 6.740 106.600 7.338
201812 8.507 106.500 9.270
201903 6.737 107.700 7.260
201906 6.728 107.700 7.250
201909 6.700 109.800 7.082
201912 6.923 111.200 7.225
202003 6.911 112.300 7.142
202006 6.929 110.400 7.284
202009 6.937 111.700 7.208
202012 7.130 111.500 7.421
202103 7.182 112.662 7.398
202106 7.161 111.769 7.436
202109 7.179 112.215 7.425
202112 7.307 113.108 7.497
202203 7.319 114.335 7.429
202206 7.270 114.558 7.365
202209 7.278 115.339 7.323
202212 7.390 115.116 7.450
202303 7.376 115.116 7.436
202306 7.347 114.558 7.443
202309 7.353 115.339 7.399
202312 7.384 114.781 7.466
202403 7.370 115.227 7.423
202406 7.377 114.781 7.459
202409 7.394 115.785 7.411
202412 7.439 114.893 7.514
202503 7.439 115.116 7.500
202506 7.443 114.907 7.517
202509 7.485 115.471 7.523
202512 7.498 115.832 7.513
202603 7.519 116.303 7.503
202606 7.502 116.056 7.502

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 4.18 mean?
Jiangxi Hongdu Aviation Industry Co (SHSE:600316) has a Cyclically Adjusted PB Ratio of 4.18 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 Jiangxi Hongdu Aviation Industry Co and its competitors. This is 30% above median its historical median of 3.21. Over the past decade, Jiangxi Hongdu Aviation Industry Co's Cyclically Adjusted PB Ratio has ranged from 1.14 to 7.58. According to the industry distribution chart, Jiangxi Hongdu Aviation Industry Co ranks #119 out of 204 companies in the Aerospace & Defense industry, placing it in the top 58.3%.
Is Jiangxi Hongdu Aviation Industry Co's Cyclically Adjusted PB Ratio too high?
Jiangxi Hongdu Aviation Industry Co's current Cyclically Adjusted PB Ratio of 4.18 is 30% above median its 10-year median of 3.21. Over the past 10 years, this metric has ranged from a low of 1.14 to a high of 7.58. The Aerospace & Defense industry median Cyclically Adjusted PB Ratio is 3.45. Jiangxi Hongdu Aviation Industry Co's value of 4.18 is 21.2% above this industry median. Based on the distribution chart, Jiangxi Hongdu Aviation Industry Co ranks #119 out of 204 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Jiangxi Hongdu Aviation Industry Co has a GF Score™ of 63/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jiangxi Hongdu Aviation Industry Co's Cyclically Adjusted PB Ratio compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Jiangxi Hongdu Aviation Industry Co ranks #119 out of 204 companies for Cyclically Adjusted PB Ratio. This places Jiangxi Hongdu Aviation Industry Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 3.45. Jiangxi Hongdu Aviation Industry Co's value of 4.18 is 21.2% above this benchmark. Historically, Jiangxi Hongdu Aviation Industry Co's own Cyclically Adjusted PB Ratio has ranged from 1.14 to 7.58 over the past decade. While the company's 10-year median is 3.21 vs. the industry median of 3.45, Jiangxi Hongdu Aviation Industry 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 an Aerospace & Defense company?
The median Cyclically Adjusted PB Ratio among Aerospace & Defense companies is 3.45, based on 204 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. Jiangxi Hongdu Aviation Industry Co's current Cyclically Adjusted PB Ratio of 4.18 is 21.2% 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 Jiangxi Hongdu Aviation Industry Co and its competitors. For the Aerospace & Defense industry, the median Cyclically Adjusted PB Ratio is 3.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangxi Hongdu Aviation Industry Co's current Cyclically Adjusted PB Ratio is 4.18, which is 30% above median its own 10-year median of 3.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangxi Hongdu Aviation Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangxi Hongdu Aviation Industry Co (SHSE:600316) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥54.02, compared to a current price of ¥31.41 — trading 41.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.18, which is 30% above median its 10-year median of 3.21 and 21.2% above the Aerospace & Defense industry median of 3.45. Jiangxi Hongdu Aviation Industry Co's overall GF Score™ is 63/100 with 2 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 Jiangxi Hongdu Aviation Industry Co (SHSE:600316), the current Cyclically Adjusted PB Ratio is 4.18 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 Jiangxi Hongdu Aviation Industry Co (SHSE:600316) Overvalued in 2026?

Based on GuruFocus' analysis, Jiangxi Hongdu Aviation Industry Co stock appears to be undervalued. The current stock price of ¥31.41 is trading 41.9% below its estimated GF Value™ of ¥54.02. GuruFocus considers Jiangxi Hongdu Aviation Industry Co to be Significantly Undervalued.

Key valuation signals for SHSE:600316:

  • Cyclically Adjusted PB Ratio: 4.18 (30% above median its 10-year median of 3.21)
  • GF Value™: ¥54.02 vs. price of ¥31.41 (41.9% below fair value)
  • GF Score™: 63/100 with 2 warning signs
  • Industry Position: 21.2% above the Aerospace & Defense median (#119 of 204)

No single metric tells the full story. See the SHSE:600316 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jiangxi Hongdu Aviation Industry Co Business Description

Address Xinxi Bridge, Jiangxi province, Nanchang, CHN, 330024
Jiangxi Hongdu Aviation Industry Co Ltd engages in the manufacture and sale of aviation products, motorcycles, and engines. The company operates through Trainer Business, Subcontract Production Business, and General Aviation Business segments. The main products of the K8 series jet trainer and the first teacher six-propeller trainer are exported to many countries and regions such as Asia, Africa, and the Americas. Further, the group act as the main export base for China's trainer aircraft, agricultural and forestry aircraft research and production bases and aviation foreign trade.
63GF Score

Get the complete analysis for SHSE:600316

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

¥31.41
Price
¥54.02
GF Value