Xizang Zhufeng Resources Co (SHSE:600338) Cyclically Adjusted PB Ratio: 4.27 (As of Aug. 21, 2026) — 65% 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:600338 Xizang Zhufeng Resources Co Ltd SHSE:600338
72 GF Score
Price ¥13.85
GF Value ¥20.76
Valuation Significantly Undervalued
! 6 Warning Signs
View Full Analysis

What is Xizang Zhufeng Resources Co Cyclically Adjusted PB Ratio?

Xizang Zhufeng Resources Co SHSE:600338 +5.73% 72 Cyclically Adjusted PB Ratio is 4.27 as of Aug. 21, 2026, which is 65% below its 10-year median of 12.05. GuruFocus rates SHSE:600338 with a GF Score™ of 72/100 and a GF Value™ of ¥20.76 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 1,516 Metals & Mining companies, Xizang Zhufeng Resources Co ranks worse than 73.09% on this metric.

As of today (2026-08-21), Xizang Zhufeng Resources Co's current share price is ¥13.85. Xizang Zhufeng Resources Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ¥3.24. Xizang Zhufeng Resources Co's Cyclically Adjusted PB Ratio for today is 4.27.

The historical rank and industry rank for Xizang Zhufeng Resources Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:600338' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.35   Med: 12.05   Max: 1178.93
Current: 4.28

During the past years, Xizang Zhufeng Resources Co's highest Cyclically Adjusted PB Ratio was 1178.93. The lowest was 3.35. And the median was 12.05.

SHSE:600338's Cyclically Adjusted PB Ratio is ranked worse than
73.09% of 1516 companies
in the Metals & Mining industry
Industry Median: 1.51 vs SHSE:600338: 4.28

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.

Xizang Zhufeng Resources Co's adjusted book value per share data for the three months ended in Jun. 2026 was ¥5.196. 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 ¥3.24 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Xizang Zhufeng Resources Co  (SHSE:600338) 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.


Xizang Zhufeng Resources Co Cyclically Adjusted PB Ratio Related Terms


Xizang Zhufeng Resources Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Xizang Zhufeng Resources 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.

Xizang Zhufeng Resources Co Cyclically Adjusted PB Ratio Chart

Xizang Zhufeng Resources 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 24.99 11.83 5.28 4.11 4.97

Xizang Zhufeng Resources 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 3.95 4.62 4.97 5.42 4.71

Xizang Zhufeng Resources Co Cyclically Adjusted PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Xizang Zhufeng Resources 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.


Xizang Zhufeng Resources Co Cyclically Adjusted PB Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Xizang Zhufeng Resources Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Xizang Zhufeng Resources Co's Cyclically Adjusted PB Ratio falls into.


SHSE:600338
72GF Score
Xizang Zhufeng Resources Co Ltd SHSE:600338
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Xizang Zhufeng Resources 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.

Xizang Zhufeng Resources Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=13.85/3.24
=4.27

* 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.

Xizang Zhufeng Resources Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Xizang Zhufeng Resources 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)
=5.196/116.0564*116.0564
=5.196

Current CPI (Jun. 2026) = 116.0564.

Xizang Zhufeng Resources Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 1.141 102.400 1.293
201612 1.419 102.600 1.605
201703 1.649 103.200 1.854
201706 1.756 103.100 1.977
201709 1.583 104.100 1.765
201712 1.864 104.500 2.070
201803 2.044 105.300 2.253
201806 2.392 104.900 2.646
201809 2.667 106.600 2.904
201812 2.358 106.500 2.570
201903 2.490 107.700 2.683
201906 2.736 107.700 2.948
201909 2.929 109.800 3.096
201912 2.973 111.200 3.103
202003 3.085 112.300 3.188
202006 2.751 110.400 2.892
202009 2.635 111.700 2.738
202012 2.263 111.500 2.355
202103 2.516 112.662 2.592
202106 2.741 111.769 2.846
202109 2.949 112.215 3.050
202112 3.014 113.108 3.093
202203 2.905 114.335 2.949
202206 3.836 114.558 3.886
202209 4.046 115.339 4.071
202212 3.785 115.116 3.816
202303 3.719 115.116 3.749
202306 3.909 114.558 3.960
202309 3.840 115.339 3.864
202312 3.481 114.781 3.520
202403 3.510 115.227 3.535
202406 3.807 114.781 3.849
202409 4.034 115.785 4.043
202412 4.020 114.893 4.061
202503 4.177 115.116 4.211
202506 4.533 114.907 4.578
202509 4.766 115.471 4.790
202512 4.895 115.832 4.904
202603 4.941 116.303 4.931
202606 5.196 116.056 5.196

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 4.27 mean?
Xizang Zhufeng Resources Co (SHSE:600338) has a Cyclically Adjusted PB Ratio of 4.27 as of Aug. 21, 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 Xizang Zhufeng Resources Co and its competitors. This is 65% below median its historical median of 12.05. Over the past decade, Xizang Zhufeng Resources Co's Cyclically Adjusted PB Ratio has ranged from 3.35 to 1,178.93. According to the industry distribution chart, Xizang Zhufeng Resources Co ranks #1108 out of 1516 companies in the Metals & Mining industry, placing it in the top 73.1%.
Is Xizang Zhufeng Resources Co's Cyclically Adjusted PB Ratio too high?
Xizang Zhufeng Resources Co's current Cyclically Adjusted PB Ratio of 4.27 is 65% below median its 10-year median of 12.05. Over the past 10 years, this metric has ranged from a low of 3.35 to a high of 1,178.93. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.51. Xizang Zhufeng Resources Co's value of 4.27 is 182.8% above this industry median. Based on the distribution chart, Xizang Zhufeng Resources Co ranks #1108 out of 1516 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Xizang Zhufeng Resources Co has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Xizang Zhufeng Resources Co's Cyclically Adjusted PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Xizang Zhufeng Resources Co ranks #1108 out of 1516 companies for Cyclically Adjusted PB Ratio. This places Xizang Zhufeng Resources Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.51. Xizang Zhufeng Resources Co's value of 4.27 is 182.8% above this benchmark. Historically, Xizang Zhufeng Resources Co's own Cyclically Adjusted PB Ratio has ranged from 3.35 to 1,178.93 over the past decade. While the company's 10-year median is 12.05 vs. the industry median of 1.51, Xizang Zhufeng Resources 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 1.51, based on 1,516 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. Xizang Zhufeng Resources Co's current Cyclically Adjusted PB Ratio of 4.27 is 182.8% 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 Xizang Zhufeng Resources Co and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Xizang Zhufeng Resources Co's current Cyclically Adjusted PB Ratio is 4.27, which is 65% below median its own 10-year median of 12.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xizang Zhufeng Resources Co stock overvalued right now?
Based on GuruFocus' analysis, Xizang Zhufeng Resources Co (SHSE:600338) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥20.76, compared to a current price of ¥13.85 — trading 33.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.27, which is 65% below median its 10-year median of 12.05 and 182.8% above the Metals & Mining industry median of 1.51. Xizang Zhufeng Resources Co's overall GF Score™ is 72/100 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 Xizang Zhufeng Resources Co (SHSE:600338), the current Cyclically Adjusted PB Ratio is 4.27 as of Aug. 21, 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 Xizang Zhufeng Resources Co (SHSE:600338) Overvalued in 2026?

Based on GuruFocus' analysis, Xizang Zhufeng Resources Co stock appears to be undervalued. The current stock price of ¥13.85 is trading 33.3% below its estimated GF Value™ of ¥20.76. GuruFocus considers Xizang Zhufeng Resources Co to be Significantly Undervalued.

Key valuation signals for SHSE:600338:

  • Cyclically Adjusted PB Ratio: 4.27 (65% below median its 10-year median of 12.05)
  • GF Value™: ¥20.76 vs. price of ¥13.85 (33.3% below fair value)
  • GF Score™: 72/100 with 6 warning signs
  • Industry Position: 182.8% above the Metals & Mining median (#1108 of 1516)

No single metric tells the full story. See the SHSE:600338 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Xizang Zhufeng Resources Co Business Description

Address No. 305 Liuying Road, 7th Floor, Jing\'an District, Shanghai, CHN, 200072
Xizang Zhufeng Resources Co Ltd is a China-based company engaged in the mineral resource investment and operations, and mining finance and trading.
72GF Score

Get the complete analysis for SHSE:600338

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

¥13.85
Price
¥20.76
GF Value