Nantong Jiangshan Agrochemical & chemicals Co (SHSE:600389) Cyclically Adjusted PB Ratio: (As of Aug. 25, 2026)

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.
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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:600389 Nantong Jiangshan Agrochemical & chemicals Co Ltd SHSE:600389
69 GF Score
Price ¥18.40
GF Value ¥21.87
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Nantong Jiangshan Agrochemical & chemicals Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Nantong Jiangshan Agrochemical & chemicals Co  (SHSE:600389) 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.


Nantong Jiangshan Agrochemical & chemicals Co Cyclically Adjusted PB Ratio Related Terms


Nantong Jiangshan Agrochemical & chemicals Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nantong Jiangshan Agrochemical & chemicals 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.

Nantong Jiangshan Agrochemical & chemicals Co Cyclically Adjusted PB Ratio Chart

Nantong Jiangshan Agrochemical & chemicals 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 7.40 6.95 3.58 2.69 4.22

Nantong Jiangshan Agrochemical & chemicals 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 3.29 4.48 4.22 4.70 0.00

SHSE:600389 vs CTVA, CF, MOS: Cyclically Adjusted PB Ratio Comparison

For the Agricultural Inputs subindustry, Nantong Jiangshan Agrochemical & chemicals 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.


Nantong Jiangshan Agrochemical & chemicals Co Cyclically Adjusted PB Ratio vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Nantong Jiangshan Agrochemical & chemicals Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Nantong Jiangshan Agrochemical & chemicals Co's Cyclically Adjusted PB Ratio falls into.


SHSE:600389
69GF Score
Nantong Jiangshan Agrochemical & chemicals Co Ltd SHSE:600389
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nantong Jiangshan Agrochemical & chemicals 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.

Nantong Jiangshan Agrochemical & chemicals Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Nantong Jiangshan Agrochemical & chemicals 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)
=10.058/116.0564*116.0564
=10.058

Current CPI (Jun. 2026) = 116.0564.

Nantong Jiangshan Agrochemical & chemicals Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 3.095 102.400 3.508
201612 3.192 102.600 3.611
201703 3.291 103.200 3.701
201706 3.302 103.100 3.717
201709 3.327 104.100 3.709
201712 3.636 104.500 4.038
201803 3.832 105.300 4.223
201806 3.866 104.900 4.277
201809 4.037 106.600 4.395
201812 4.232 106.500 4.612
201903 4.443 107.700 4.788
201906 4.418 107.700 4.761
201909 4.576 109.800 4.837
201912 4.679 111.200 4.883
202003 4.906 112.300 5.070
202006 4.957 110.400 5.211
202009 4.333 111.700 4.502
202012 4.594 111.500 4.782
202103 4.877 112.662 5.024
202106 4.959 111.769 5.149
202109 4.775 112.215 4.938
202112 5.452 113.108 5.594
202203 6.764 114.335 6.866
202206 8.065 114.558 8.171
202209 6.954 115.339 6.997
202212 7.475 115.116 7.536
202303 7.809 115.116 7.873
202306 7.903 114.558 8.006
202309 8.113 115.339 8.163
202312 8.097 114.781 8.187
202403 8.564 115.227 8.626
202406 8.737 114.781 8.834
202409 8.740 115.785 8.761
202412 8.634 114.893 8.721
202503 8.990 115.116 9.063
202506 9.314 114.907 9.407
202509 9.510 115.471 9.558
202512 9.286 115.832 9.304
202603 9.705 116.303 9.684
202606 10.058 116.056 10.058

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.

Is Nantong Jiangshan Agrochemical & chemicals Co (SHSE:600389) Overvalued in 2026?

Based on GuruFocus' analysis, Nantong Jiangshan Agrochemical & chemicals Co stock appears to be undervalued. The current stock price of ¥18.40 is trading 15.9% below its estimated GF Value™ of ¥21.87. GuruFocus considers Nantong Jiangshan Agrochemical & chemicals Co to be Modestly Undervalued.

Key valuation signals for SHSE:600389:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ¥21.87 vs. price of ¥18.40 (15.9% below fair value)
  • GF Score™: 69/100 with 7 warning signs

No single metric tells the full story. See the SHSE:600389 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nantong Jiangshan Agrochemical & chemicals Co Business Description

Address No. 35 Yaogang Road, Nantong, Jiangsu, CHN, 226006
Nantong Jiangshan Agrochemical & chemicals Co Ltd is a China-based company engages in manufacturing, processing, and selling of pesticides, resin, organic, and inorganic chemical. The company's products include pesticides, chlor-alkali, fine chemicals, and thermoelectrics. The main pesticide varieties are glyphosate, dichlorvos, trichlorfon, amide herbicides, prochloraz, chlorothiazide, nitenpyram, chlorpyrifos and other original drugs.
69GF Score

Get the complete analysis for SHSE:600389

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

¥18.40
Price
¥21.87
GF Value