Zijin Longking Co (SHSE:600388) Cyclically Adjusted PB Ratio: 2.75 (As of Aug. 20, 2026) — Near Median

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SHSE:600388 Zijin Longking Co Ltd SHSE:600388
83 GF Score
Price ¥17.40
GF Value ¥14.83
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Zijin Longking Co Cyclically Adjusted PB Ratio?

Zijin Longking Co SHSE:600388 -0.06% 83 Cyclically Adjusted PB Ratio is 2.75 as of Aug. 20, 2026, which is 4% below its 10-year median of 2.85. GuruFocus rates SHSE:600388 with a GF Score™ of 83/100 and a GF Value™ of ¥14.83 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 2,167 Industrial Products companies, Zijin Longking Co ranks worse than 58.93% on this metric.

As of today (2026-08-20), Zijin Longking Co's current share price is ¥17.40. Zijin Longking Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ¥6.32. Zijin Longking Co's Cyclically Adjusted PB Ratio for today is 2.75.

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

SHSE:600388' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.86   Med: 2.85   Max: 6.79
Current: 2.75

During the past years, Zijin Longking Co's highest Cyclically Adjusted PB Ratio was 6.79. The lowest was 1.86. And the median was 2.85.

SHSE:600388's Cyclically Adjusted PB Ratio is ranked worse than
58.93% of 2167 companies
in the Industrial Products industry
Industry Median: 2.16 vs SHSE:600388: 2.75

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.

Zijin Longking Co's adjusted book value per share data for the three months ended in Jun. 2026 was ¥8.592. 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 ¥6.32 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zijin Longking Co  (SHSE:600388) 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.


Zijin Longking Co Cyclically Adjusted PB Ratio Related Terms


Zijin Longking Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Zijin Longking 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.

Zijin Longking Co Cyclically Adjusted PB Ratio Chart

Zijin Longking 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 2.04 3.12 2.50 2.28 2.69

Zijin Longking 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 2.08 2.55 2.69 2.86 2.30

SHSE:600388 vs VLTO, ZWS, CECO: Cyclically Adjusted PB Ratio Comparison

For the Pollution & Treatment Controls subindustry, Zijin Longking 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.


Zijin Longking Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zijin Longking Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Zijin Longking Co's Cyclically Adjusted PB Ratio falls into.


SHSE:600388
83GF Score
Zijin Longking Co Ltd SHSE:600388
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zijin Longking 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.

Zijin Longking Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=17.40/6.32
=2.75

* 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.

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

For example, Zijin Longking 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)
=8.592/116.0564*116.0564
=8.592

Current CPI (Jun. 2026) = 116.0564.

Zijin Longking Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 3.536 102.400 4.008
201612 3.745 102.600 4.236
201703 3.824 103.200 4.300
201706 3.767 103.100 4.240
201709 3.996 104.100 4.455
201712 4.233 104.500 4.701
201803 4.321 105.300 4.762
201806 4.271 104.900 4.725
201809 4.535 106.600 4.937
201812 4.650 106.500 5.067
201903 4.821 107.700 5.195
201906 4.877 107.700 5.255
201909 5.138 109.800 5.431
201912 5.084 111.200 5.306
202003 5.454 112.300 5.636
202006 5.303 110.400 5.575
202009 5.650 111.700 5.870
202012 5.797 111.500 6.034
202103 5.930 112.662 6.109
202106 5.996 111.769 6.226
202109 6.283 112.215 6.498
202112 6.443 113.108 6.611
202203 6.612 114.335 6.712
202206 6.800 114.558 6.889
202209 6.736 115.339 6.778
202212 6.898 115.116 6.954
202303 7.091 115.116 7.149
202306 7.144 114.558 7.237
202309 7.341 115.339 7.387
202312 7.165 114.781 7.245
202403 7.328 115.227 7.381
202406 7.337 114.781 7.419
202409 7.528 115.785 7.546
202412 8.010 114.893 8.091
202503 8.170 115.116 8.237
202506 8.100 114.907 8.181
202509 8.372 115.471 8.414
202512 8.642 115.832 8.659
202603 8.835 116.303 8.816
202606 8.592 116.056 8.592

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 2.75 mean?
Zijin Longking Co (SHSE:600388) has a Cyclically Adjusted PB Ratio of 2.75 as of Aug. 20, 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 Zijin Longking Co and its competitors. This is near median its historical median of 2.85. Over the past decade, Zijin Longking Co's Cyclically Adjusted PB Ratio has ranged from 1.86 to 6.79. According to the industry distribution chart, Zijin Longking Co ranks #1277 out of 2167 companies in the Industrial Products industry, placing it in the top 58.9%.
Is Zijin Longking Co's Cyclically Adjusted PB Ratio too high?
Zijin Longking Co's current Cyclically Adjusted PB Ratio of 2.75 is near median its 10-year median of 2.85. Over the past 10 years, this metric has ranged from a low of 1.86 to a high of 6.79. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.16. Zijin Longking Co's value of 2.75 is 27.3% above this industry median. Based on the distribution chart, Zijin Longking Co ranks #1277 out of 2167 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Zijin Longking Co has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zijin Longking Co's Cyclically Adjusted PB Ratio compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Zijin Longking Co ranks #1277 out of 2167 companies for Cyclically Adjusted PB Ratio. This places Zijin Longking Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.16. Zijin Longking Co's value of 2.75 is 27.3% above this benchmark. Historically, Zijin Longking Co's own Cyclically Adjusted PB Ratio has ranged from 1.86 to 6.79 over the past decade. While the company's 10-year median is 2.85 vs. the industry median of 2.16, Zijin Longking 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 Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.16, based on 2,167 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. Zijin Longking Co's current Cyclically Adjusted PB Ratio of 2.75 is 27.3% 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 Zijin Longking Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zijin Longking Co's current Cyclically Adjusted PB Ratio is 2.75, which is near median its own 10-year median of 2.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zijin Longking Co stock overvalued right now?
Based on GuruFocus' analysis, Zijin Longking Co (SHSE:600388) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥14.83, compared to a current price of ¥17.40 — trading 17.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.75, which is near median its 10-year median of 2.85 and 27.3% above the Industrial Products industry median of 2.16. Zijin Longking Co's overall GF Score™ is 83/100 with 3 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 Zijin Longking Co (SHSE:600388), the current Cyclically Adjusted PB Ratio is 2.75 as of Aug. 20, 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 Zijin Longking Co (SHSE:600388) Overvalued in 2026?

Based on GuruFocus' analysis, Zijin Longking Co stock appears to be overvalued. The current stock price of ¥17.40 is trading 17.3% above its estimated GF Value™ of ¥14.83. GuruFocus considers Zijin Longking Co to be Modestly Overvalued.

Key valuation signals for SHSE:600388:

  • Cyclically Adjusted PB Ratio: 2.75 (near median its 10-year median of 2.85)
  • GF Value™: ¥14.83 vs. price of ¥17.40 (17.3% above fair value)
  • GF Score™: 83/100 with 3 warning signs
  • Industry Position: 27.3% above the Industrial Products median (#1277 of 2167)

No single metric tells the full story. See the SHSE:600388 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zijin Longking Co Business Description

Address No. 81 Lingyuan Road, Xinluo District, Longyan, Fujian, CHN, 364000
Fujian Longking Co Ltd is a atmospheric environmental protection equipment manufacturing company.It researches, develops, manufactures, and sells electrostatic precipitators, flue gas desulfuration units, air pollution control equipment, and other environmental protection products.
83GF Score

Get the complete analysis for SHSE:600388

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

¥17.40
Price
¥14.83
GF Value