AVIC Airborne Systems Co (SHSE:600372) Cyclically Adjusted PB Ratio: 1.90 (As of Aug. 13, 2026) — 57% Below Median

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SHSE:600372 AVIC Airborne Systems Co Ltd SHSE:600372
68 GF Score
Price ¥11.17
GF Value ¥11.24
Valuation Fairly Valued
! 5 Warning Signs
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What is AVIC Airborne Systems Co Cyclically Adjusted PB Ratio?

AVIC Airborne Systems Co SHSE:600372 -1.24% 68 Cyclically Adjusted PB Ratio is 1.90 as of Aug. 13, 2026, which is 57% below its 10-year median of 4.37. GuruFocus rates SHSE:600372 with a GF Score™ of 68/100 and a GF Value™ of ¥11.24 (Fairly Valued). The stock has 5 warning signs investors should review. Among 209 Aerospace & Defense companies, AVIC Airborne Systems Co ranks better than 73.21% on this metric.

As of today (2026-08-13), AVIC Airborne Systems Co's current share price is ¥11.17. AVIC Airborne Systems Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ¥5.87. AVIC Airborne Systems Co's Cyclically Adjusted PB Ratio for today is 1.90.

The historical rank and industry rank for AVIC Airborne Systems Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:600372' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.83   Med: 4.37   Max: 10.52
Current: 1.93

During the past years, AVIC Airborne Systems Co's highest Cyclically Adjusted PB Ratio was 10.52. The lowest was 1.83. And the median was 4.37.

SHSE:600372's Cyclically Adjusted PB Ratio is ranked better than
73.21% of 209 companies
in the Aerospace & Defense industry
Industry Median: 3.49 vs SHSE:600372: 1.93

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.

AVIC Airborne Systems Co's adjusted book value per share data for the three months ended in Mar. 2026 was ¥7.838. 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 ¥5.87 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


AVIC Airborne Systems Co  (SHSE:600372) 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.


AVIC Airborne Systems Co Cyclically Adjusted PB Ratio Related Terms


AVIC Airborne Systems Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for AVIC Airborne Systems 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.

AVIC Airborne Systems Co Cyclically Adjusted PB Ratio Chart

AVIC Airborne Systems 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 5.56 3.51 2.72 2.34 2.34

AVIC Airborne Systems 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 2.06 2.20 2.24 2.34 2.22

SHSE:600372 vs SPCX, GE, RTX: Cyclically Adjusted PB Ratio Comparison

For the Aerospace & Defense subindustry, AVIC Airborne Systems 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.


AVIC Airborne Systems Co Cyclically Adjusted PB Ratio vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, AVIC Airborne Systems Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where AVIC Airborne Systems Co's Cyclically Adjusted PB Ratio falls into.


SHSE:600372
68GF Score
AVIC Airborne Systems Co Ltd SHSE:600372
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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AVIC Airborne Systems 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.

AVIC Airborne Systems Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.17/5.87
=1.90

* 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.

AVIC Airborne Systems Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, AVIC Airborne Systems 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)
=7.838/116.3033*116.3033
=7.838

Current CPI (Mar. 2026) = 116.3033.

AVIC Airborne Systems Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 3.271 101.400 3.752
201609 3.331 102.400 3.783
201612 3.413 102.600 3.869
201703 3.414 103.200 3.847
201706 3.461 103.100 3.904
201709 3.525 104.100 3.938
201712 4.036 104.500 4.492
201803 4.016 105.300 4.436
201806 4.088 104.900 4.532
201809 4.170 106.600 4.550
201812 4.298 106.500 4.694
201903 4.307 107.700 4.651
201906 4.327 107.700 4.673
201909 4.403 109.800 4.664
201912 4.456 111.200 4.660
202003 4.496 112.300 4.656
202006 4.549 110.400 4.792
202009 5.405 111.700 5.628
202012 5.511 111.500 5.748
202103 5.573 112.662 5.753
202106 5.603 111.769 5.830
202109 5.706 112.215 5.914
202112 5.828 113.108 5.993
202203 5.953 114.335 6.055
202206 6.021 114.558 6.113
202209 6.165 115.339 6.217
202212 11.521 115.116 11.640
202303 2.768 115.116 2.797
202306 7.863 114.558 7.983
202309 7.304 115.339 7.365
202312 7.457 114.781 7.556
202403 7.536 115.227 7.606
202406 7.527 114.781 7.627
202409 7.655 115.785 7.689
202412 7.740 114.893 7.835
202503 7.732 115.116 7.812
202506 7.845 114.907 7.940
202509 7.920 115.471 7.977
202512 7.845 115.832 7.877
202603 7.838 116.303 7.838

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 1.90 mean?
AVIC Airborne Systems Co (SHSE:600372) has a Cyclically Adjusted PB Ratio of 1.90 as of Aug. 13, 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 AVIC Airborne Systems Co and its competitors. This is 57% below median its historical median of 4.37. Over the past decade, AVIC Airborne Systems Co's Cyclically Adjusted PB Ratio has ranged from 1.83 to 10.52. According to the industry distribution chart, AVIC Airborne Systems Co ranks #56 out of 209 companies in the Aerospace & Defense industry, placing it in the top 26.8%.
Is AVIC Airborne Systems Co's Cyclically Adjusted PB Ratio too high?
AVIC Airborne Systems Co's current Cyclically Adjusted PB Ratio of 1.90 is 57% below median its 10-year median of 4.37. Over the past 10 years, this metric has ranged from a low of 1.83 to a high of 10.52. The Aerospace & Defense industry median Cyclically Adjusted PB Ratio is 3.49. AVIC Airborne Systems Co's value of 1.90 is 45.6% below this industry median. Based on the distribution chart, AVIC Airborne Systems Co ranks #56 out of 209 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, AVIC Airborne Systems Co has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does AVIC Airborne Systems Co's Cyclically Adjusted PB Ratio compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, AVIC Airborne Systems Co ranks #56 out of 209 companies for Cyclically Adjusted PB Ratio. This puts AVIC Airborne Systems Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 3.49. AVIC Airborne Systems Co's value of 1.90 is 45.6% below this benchmark. Historically, AVIC Airborne Systems Co's own Cyclically Adjusted PB Ratio has ranged from 1.83 to 10.52 over the past decade. While the company's 10-year median is 4.37 vs. the industry median of 3.49, AVIC Airborne Systems 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 an Aerospace & Defense company?
The median Cyclically Adjusted PB Ratio among Aerospace & Defense companies is 3.49, based on 209 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. AVIC Airborne Systems Co's current Cyclically Adjusted PB Ratio of 1.90 is 45.6% 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 AVIC Airborne Systems Co and its competitors. For the Aerospace & Defense industry, the median Cyclically Adjusted PB Ratio is 3.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AVIC Airborne Systems Co's current Cyclically Adjusted PB Ratio is 1.90, which is 57% below median its own 10-year median of 4.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AVIC Airborne Systems Co stock overvalued right now?
Based on GuruFocus' analysis, AVIC Airborne Systems Co (SHSE:600372) is currently considered Fairly Valued. The stock's GF Value™ is ¥11.24, compared to a current price of ¥11.17 — trading 0.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.90, which is 57% below median its 10-year median of 4.37 and 45.6% below the Aerospace & Defense industry median of 3.49. AVIC Airborne Systems Co's overall GF Score™ is 68/100 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 AVIC Airborne Systems Co (SHSE:600372), the current Cyclically Adjusted PB Ratio is 1.90 as of Aug. 13, 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 AVIC Airborne Systems Co (SHSE:600372) Overvalued in 2026?

Based on GuruFocus' analysis, AVIC Airborne Systems Co stock appears to be undervalued. The current stock price of ¥11.17 is trading 0.6% below its estimated GF Value™ of ¥11.24. GuruFocus considers AVIC Airborne Systems Co to be Fairly Valued.

Key valuation signals for SHSE:600372:

  • Cyclically Adjusted PB Ratio: 1.90 (57% below median its 10-year median of 4.37)
  • GF Value™: ¥11.24 vs. price of ¥11.17 (0.6% below fair value)
  • GF Score™: 68/100 with 5 warning signs
  • Industry Position: 45.6% below the Aerospace & Defense median (#56 of 209)

No single metric tells the full story. See the SHSE:600372 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AVIC Airborne Systems Co Business Description

Address Jinghai 2nd Road, Beijing Economic and Technological Development Zone, Building 8, Yard 29, Beijing, CHN
AVIC Airborne Systems Co Ltd Formerly China Avionics Systems Co Ltd engages in the research and development, production, sale, and services of engine auxiliary machinery systems and equipment for aviation. The company has aviation and armament equipment, military transport aircraft, helicopters, airborne systems and auto parts, general aviation, aviation research, flight testing, aviation supply chain and military trade, asset management, finance, engineering construction, automotive and other industries. The company also provides property leasing, technical, and consultancy services.
68GF Score

Get the complete analysis for SHSE:600372

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

¥11.17
Price
¥11.24
GF Value