Markor International Home Furnishings Co (SHSE:600337) Cyclically Adjusted PB Ratio: 1.21 (As of Aug. 12, 2026) — 21% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:600337 Markor International Home Furnishings Co Ltd SHSE:600337
36 GF Score
Price ¥2.99
GF Value ¥1.41
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Markor International Home Furnishings Co Cyclically Adjusted PB Ratio?

Markor International Home Furnishings Co SHSE:600337 +0.67% 36 Cyclically Adjusted PB Ratio is 1.21 as of Aug. 12, 2026, which is 21% below its 10-year median of 1.54. GuruFocus rates SHSE:600337 with a GF Score™ of 36/100 and a GF Value™ of ¥1.41 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 329 Furnishings, Fixtures & Appliances companies, Markor International Home Furnishings Co ranks better than 53.8% on this metric.

As of today (2026-08-12), Markor International Home Furnishings Co's current share price is ¥2.99. Markor International Home Furnishings Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ¥2.48. Markor International Home Furnishings Co's Cyclically Adjusted PB Ratio for today is 1.21.

The historical rank and industry rank for Markor International Home Furnishings Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:600337' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.49   Med: 1.54   Max: 4.02
Current: 1.06

During the past years, Markor International Home Furnishings Co's highest Cyclically Adjusted PB Ratio was 4.02. The lowest was 0.49. And the median was 1.54.

SHSE:600337's Cyclically Adjusted PB Ratio is ranked better than
53.8% of 329 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.2 vs SHSE:600337: 1.06

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.

Markor International Home Furnishings Co's adjusted book value per share data for the three months ended in Mar. 2026 was ¥0.273. 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 ¥2.48 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Markor International Home Furnishings Co  (SHSE:600337) 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.


Markor International Home Furnishings Co Cyclically Adjusted PB Ratio Related Terms


Markor International Home Furnishings Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Markor International Home Furnishings 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.

Markor International Home Furnishings Co Cyclically Adjusted PB Ratio Chart

Markor International Home Furnishings 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 1.45 1.12 1.07 0.72 1.16

Markor International Home Furnishings 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 0.68 0.86 0.89 1.16 1.04

SHSE:600337 vs SN, SGI, MHK: Cyclically Adjusted PB Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, Markor International Home Furnishings 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.


Markor International Home Furnishings Co Cyclically Adjusted PB Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Markor International Home Furnishings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Markor International Home Furnishings Co's Cyclically Adjusted PB Ratio falls into.


SHSE:600337
36GF Score
Markor International Home Furnishings Co Ltd SHSE:600337
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Markor International Home Furnishings 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.

Markor International Home Furnishings Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.99/2.48
=1.21

* 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.

Markor International Home Furnishings Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Markor International Home Furnishings 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)
=0.273/116.3033*116.3033
=0.273

Current CPI (Mar. 2026) = 116.3033.

Markor International Home Furnishings Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.009 101.400 2.304
201609 2.077 102.400 2.359
201612 2.160 102.600 2.448
201703 2.194 103.200 2.473
201706 2.126 103.100 2.398
201709 2.670 104.100 2.983
201712 2.731 104.500 3.039
201803 2.807 105.300 3.100
201806 2.704 104.900 2.998
201809 2.726 106.600 2.974
201812 2.706 106.500 2.955
201903 2.647 107.700 2.858
201906 2.505 107.700 2.705
201909 2.553 109.800 2.704
201912 2.610 111.200 2.730
202003 2.417 112.300 2.503
202006 2.495 110.400 2.628
202009 2.376 111.700 2.474
202012 2.405 111.500 2.509
202103 2.619 112.662 2.704
202106 2.586 111.769 2.691
202109 2.659 112.215 2.756
202112 2.704 113.108 2.780
202203 2.641 114.335 2.686
202206 2.608 114.558 2.648
202209 2.844 115.339 2.868
202212 2.792 115.116 2.821
202303 2.776 115.116 2.805
202306 2.774 114.558 2.816
202309 2.648 115.339 2.670
202312 2.493 114.781 2.526
202403 2.352 115.227 2.374
202406 2.254 114.781 2.284
202409 2.195 115.785 2.205
202412 1.911 114.893 1.934
202503 1.983 115.116 2.003
202506 1.845 114.907 1.867
202509 1.749 115.471 1.762
202512 0.432 115.832 0.434
202603 0.273 116.303 0.273

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 1.21 mean?
Markor International Home Furnishings Co (SHSE:600337) has a Cyclically Adjusted PB Ratio of 1.21 as of Aug. 12, 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 Markor International Home Furnishings Co and its competitors. This is 21% below median its historical median of 1.54. Over the past decade, Markor International Home Furnishings Co's Cyclically Adjusted PB Ratio has ranged from 0.49 to 4.02. According to the industry distribution chart, Markor International Home Furnishings Co ranks #152 out of 329 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 46.2%.
Is Markor International Home Furnishings Co's Cyclically Adjusted PB Ratio too high?
Markor International Home Furnishings Co's current Cyclically Adjusted PB Ratio of 1.21 is 21% below median its 10-year median of 1.54. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 4.02. The Furnishings, Fixtures & Appliances industry median Cyclically Adjusted PB Ratio is 1.20. Markor International Home Furnishings Co's value of 1.21 is 0.8% above this industry median. Based on the distribution chart, Markor International Home Furnishings Co ranks #152 out of 329 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Markor International Home Furnishings Co has a GF Score™ of 36/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Markor International Home Furnishings Co's Cyclically Adjusted PB Ratio compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Markor International Home Furnishings Co ranks #152 out of 329 companies for Cyclically Adjusted PB Ratio. This puts Markor International Home Furnishings Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.20. Markor International Home Furnishings Co's value of 1.21 is 0.8% above this benchmark. Historically, Markor International Home Furnishings Co's own Cyclically Adjusted PB Ratio has ranged from 0.49 to 4.02 over the past decade. While the company's 10-year median is 1.54 vs. the industry median of 1.20, Markor International Home Furnishings 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 Furnishings, Fixtures & Appliances company?
The median Cyclically Adjusted PB Ratio among Furnishings, Fixtures & Appliances companies is 1.20, based on 329 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. Markor International Home Furnishings Co's current Cyclically Adjusted PB Ratio of 1.21 is 0.8% 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 Markor International Home Furnishings Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Cyclically Adjusted PB Ratio is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Markor International Home Furnishings Co's current Cyclically Adjusted PB Ratio is 1.21, which is 21% below median its own 10-year median of 1.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Markor International Home Furnishings Co stock overvalued right now?
Based on GuruFocus' analysis, Markor International Home Furnishings Co (SHSE:600337) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥1.41, compared to a current price of ¥2.99 — trading 112.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.21, which is 21% below median its 10-year median of 1.54 and 0.8% above the Furnishings, Fixtures & Appliances industry median of 1.20. Markor International Home Furnishings Co's overall GF Score™ is 36/100 with 6 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 Markor International Home Furnishings Co (SHSE:600337), the current Cyclically Adjusted PB Ratio is 1.21 as of Aug. 12, 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 Markor International Home Furnishings Co (SHSE:600337) Overvalued in 2026?

Based on GuruFocus' analysis, Markor International Home Furnishings Co stock appears to be overvalued. The current stock price of ¥2.99 is trading 112.1% above its estimated GF Value™ of ¥1.41. GuruFocus considers Markor International Home Furnishings Co to be Significantly Overvalued.

Key valuation signals for SHSE:600337:

  • Cyclically Adjusted PB Ratio: 1.21 (21% below median its 10-year median of 1.54)
  • GF Value™: ¥1.41 vs. price of ¥2.99 (112.1% above fair value)
  • GF Score™: 36/100 with 6 warning signs
  • Industry Position: 0.8% above the Furnishings, Fixtures & Appliances median (#152 of 329)

No single metric tells the full story. See the SHSE:600337 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Markor International Home Furnishings Co Business Description

Address No. 506, South Beijing Road, Xinjiang, Urumqi, CHN, 830011
Markor International Home Furnishings Co Ltd is engaged in production & marketing of decoration materials, solid wood furniture, polyester furniture & auxiliary products.
36GF Score

Get the complete analysis for SHSE:600337

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

¥2.99
Price
¥1.41
GF Value