Yabao Pharmaceutical Group Co (SHSE:600351) Cyclically Adjusted PB Ratio: 1.74 (As of Aug. 21, 2026) — Near Median

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SHSE:600351 Yabao Pharmaceutical Group Co Ltd SHSE:600351
72 GF Score
Price ¥6.87
GF Value ¥5.70
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Yabao Pharmaceutical Group Co Cyclically Adjusted PB Ratio?

Yabao Pharmaceutical Group Co SHSE:600351 -3.92% 72 Cyclically Adjusted PB Ratio is 1.74 as of Aug. 21, 2026, which is 8% below its 10-year median of 1.89. GuruFocus rates SHSE:600351 with a GF Score™ of 72/100 and a GF Value™ of ¥5.70 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 681 Drug Manufacturers companies, Yabao Pharmaceutical Group Co ranks worse than 51.25% on this metric.

As of today (2026-08-21), Yabao Pharmaceutical Group Co's current share price is ¥6.87. Yabao Pharmaceutical Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ¥3.95. Yabao Pharmaceutical Group Co's Cyclically Adjusted PB Ratio for today is 1.74.

The historical rank and industry rank for Yabao Pharmaceutical Group Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:600351' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.4   Med: 1.89   Max: 5.43
Current: 1.77

During the past years, Yabao Pharmaceutical Group Co's highest Cyclically Adjusted PB Ratio was 5.43. The lowest was 1.40. And the median was 1.89.

SHSE:600351's Cyclically Adjusted PB Ratio is ranked worse than
51.25% of 681 companies
in the Drug Manufacturers industry
Industry Median: 1.73 vs SHSE:600351: 1.77

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.

Yabao Pharmaceutical Group Co's adjusted book value per share data for the three months ended in Jun. 2026 was ¥4.077. 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 ¥3.95 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yabao Pharmaceutical Group Co  (SHSE:600351) 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.


Yabao Pharmaceutical Group Co Cyclically Adjusted PB Ratio Related Terms


Yabao Pharmaceutical Group Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Yabao Pharmaceutical Group 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.

Yabao Pharmaceutical Group Co Cyclically Adjusted PB Ratio Chart

Yabao Pharmaceutical Group 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 2.66 1.63 1.86 1.59 1.65

Yabao Pharmaceutical Group 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 1.57 1.67 1.65 1.69 1.46

SHSE:600351 vs ZTS: Cyclically Adjusted PB Ratio Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Yabao Pharmaceutical Group 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.


Yabao Pharmaceutical Group Co Cyclically Adjusted PB Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Yabao Pharmaceutical Group Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Yabao Pharmaceutical Group Co's Cyclically Adjusted PB Ratio falls into.


SHSE:600351
72GF Score
Yabao Pharmaceutical Group Co Ltd SHSE:600351
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Yabao Pharmaceutical Group 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.

Yabao Pharmaceutical Group Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.87/3.95
=1.74

* 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.

Yabao Pharmaceutical Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Yabao Pharmaceutical Group 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)
=4.077/116.0564*116.0564
=4.077

Current CPI (Jun. 2026) = 116.0564.

Yabao Pharmaceutical Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 3.393 102.400 3.846
201612 3.334 102.600 3.771
201703 3.386 103.200 3.808
201706 3.451 103.100 3.885
201709 3.503 104.100 3.905
201712 3.569 104.500 3.964
201803 3.645 105.300 4.017
201806 3.653 104.900 4.042
201809 3.689 106.600 4.016
201812 3.687 106.500 4.018
201903 3.855 107.700 4.154
201906 3.685 107.700 3.971
201909 3.772 109.800 3.987
201912 3.492 111.200 3.645
202003 3.544 112.300 3.663
202006 3.551 110.400 3.733
202009 3.591 111.700 3.731
202012 3.608 111.500 3.755
202103 3.692 112.662 3.803
202106 3.687 111.769 3.828
202109 3.747 112.215 3.875
202112 3.801 113.108 3.900
202203 3.894 114.335 3.953
202206 3.852 114.558 3.902
202209 3.860 115.339 3.884
202212 3.857 115.116 3.889
202303 3.996 115.116 4.029
202306 3.934 114.558 3.985
202309 3.955 115.339 3.980
202312 3.865 114.781 3.908
202403 4.051 115.227 4.080
202406 3.995 114.781 4.039
202409 4.100 115.785 4.110
202412 4.018 114.893 4.059
202503 4.203 115.116 4.237
202506 3.999 114.907 4.039
202509 4.040 115.471 4.060
202512 4.168 115.832 4.176
202603 4.122 116.303 4.113
202606 4.077 116.056 4.077

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 1.74 mean?
Yabao Pharmaceutical Group Co (SHSE:600351) has a Cyclically Adjusted PB Ratio of 1.74 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 Yabao Pharmaceutical Group Co and its competitors. This is near median its historical median of 1.89. Over the past decade, Yabao Pharmaceutical Group Co's Cyclically Adjusted PB Ratio has ranged from 1.40 to 5.43. According to the industry distribution chart, Yabao Pharmaceutical Group Co ranks #349 out of 681 companies in the Drug Manufacturers industry, placing it in the top 51.2%.
Is Yabao Pharmaceutical Group Co's Cyclically Adjusted PB Ratio too high?
Yabao Pharmaceutical Group Co's current Cyclically Adjusted PB Ratio of 1.74 is near median its 10-year median of 1.89. Over the past 10 years, this metric has ranged from a low of 1.40 to a high of 5.43. The Drug Manufacturers industry median Cyclically Adjusted PB Ratio is 1.73. Yabao Pharmaceutical Group Co's value of 1.74 is 0.6% above this industry median. Based on the distribution chart, Yabao Pharmaceutical Group Co ranks #349 out of 681 companies in the Drug Manufacturers industry, which is below the industry midpoint. Overall, Yabao Pharmaceutical Group Co has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Yabao Pharmaceutical Group Co's Cyclically Adjusted PB Ratio compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Yabao Pharmaceutical Group Co ranks #349 out of 681 companies for Cyclically Adjusted PB Ratio. This places Yabao Pharmaceutical Group Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.73. Yabao Pharmaceutical Group Co's value of 1.74 is 0.6% above this benchmark. Historically, Yabao Pharmaceutical Group Co's own Cyclically Adjusted PB Ratio has ranged from 1.40 to 5.43 over the past decade. While the company's 10-year median is 1.89 vs. the industry median of 1.73, Yabao Pharmaceutical Group 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 Drug Manufacturers company?
The median Cyclically Adjusted PB Ratio among Drug Manufacturers companies is 1.73, based on 681 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. Yabao Pharmaceutical Group Co's current Cyclically Adjusted PB Ratio of 1.74 is 0.6% 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 Yabao Pharmaceutical Group Co and its competitors. For the Drug Manufacturers industry, the median Cyclically Adjusted PB Ratio is 1.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yabao Pharmaceutical Group Co's current Cyclically Adjusted PB Ratio is 1.74, which is near median its own 10-year median of 1.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yabao Pharmaceutical Group Co stock overvalued right now?
Based on GuruFocus' analysis, Yabao Pharmaceutical Group Co (SHSE:600351) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥5.70, compared to a current price of ¥6.87 — trading 20.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.74, which is near median its 10-year median of 1.89 and 0.6% above the Drug Manufacturers industry median of 1.73. Yabao Pharmaceutical Group Co's overall GF Score™ is 72/100 with 5 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 Yabao Pharmaceutical Group Co (SHSE:600351), the current Cyclically Adjusted PB Ratio is 1.74 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 Yabao Pharmaceutical Group Co (SHSE:600351) Overvalued in 2026?

Based on GuruFocus' analysis, Yabao Pharmaceutical Group Co stock appears to be overvalued. The current stock price of ¥6.87 is trading 20.5% above its estimated GF Value™ of ¥5.70. GuruFocus considers Yabao Pharmaceutical Group Co to be Modestly Overvalued.

Key valuation signals for SHSE:600351:

  • Cyclically Adjusted PB Ratio: 1.74 (near median its 10-year median of 1.89)
  • GF Value™: ¥5.70 vs. price of ¥6.87 (20.5% above fair value)
  • GF Score™: 72/100 with 5 warning signs
  • Industry Position: 0.6% above the Drug Manufacturers median (#349 of 681)

No single metric tells the full story. See the SHSE:600351 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Yabao Pharmaceutical Group Co Business Description

Address No.43 Fumin Road, Ruicheng, Shanxi Province, Yuncheng, CHN, 044602
Yabao Pharmaceutical Group Co Ltd is engaged in the manufacture and operation of western and Chinese medicines, APIs, health care products, packing materials for medicine, and also engages in the planting and processing of medicinal herbs.
72GF Score

Get the complete analysis for SHSE:600351

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

¥6.87
Price
¥5.70
GF Value