AECC Aero Science and Technology Co (SHSE:600391) Cyclically Adjusted PB Ratio: 7.52 (As of Sep. 04, 2026) — 94% Above Median

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SHSE:600391 AECC Aero Science and Technology Co Ltd SHSE:600391
65 GF Score
Price ¥37.91
GF Value ¥26.52
Valuation Significantly Overvalued
! 3 Warning Signs
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What is AECC Aero Science and Technology Co Cyclically Adjusted PB Ratio?

AECC Aero Science and Technology Co SHSE:600391 +4.15% 65 Cyclically Adjusted PB Ratio is 7.52 as of Sep. 04, 2026, which is 94% above its 10-year median of 3.87. GuruFocus rates SHSE:600391 with a GF Score™ of 65/100 and a GF Value™ of ¥26.52 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 205 Aerospace & Defense companies, AECC Aero Science and Technology Co ranks worse than 74.63% on this metric.

As of today (2026-09-04), AECC Aero Science and Technology Co's current share price is ¥37.91. AECC Aero Science and Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ¥5.04. AECC Aero Science and Technology Co's Cyclically Adjusted PB Ratio for today is 7.52.

The historical rank and industry rank for AECC Aero Science and Technology Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:600391' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.23   Med: 3.87   Max: 10.62
Current: 6.78

During the past years, AECC Aero Science and Technology Co's highest Cyclically Adjusted PB Ratio was 10.62. The lowest was 2.23. And the median was 3.87.

SHSE:600391's Cyclically Adjusted PB Ratio is ranked worse than
74.63% of 205 companies
in the Aerospace & Defense industry
Industry Median: 3.38 vs SHSE:600391: 6.78

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.

AECC Aero Science and Technology Co's adjusted book value per share data for the three months ended in Jun. 2026 was ¥5.423. 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 ¥5.04 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


AECC Aero Science and Technology Co  (SHSE:600391) 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.


AECC Aero Science and Technology Co Cyclically Adjusted PB Ratio Related Terms


AECC Aero Science and Technology Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for AECC Aero Science and Technology 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.

AECC Aero Science and Technology Co Cyclically Adjusted PB Ratio Chart

AECC Aero Science and Technology 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 5.24 3.36 3.70 3.91 7.34

AECC Aero Science and Technology 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 5.80 5.63 7.34 7.78 6.64

SHSE:600391 vs SPCX, GE, RTX: Cyclically Adjusted PB Ratio Comparison

For the Aerospace & Defense subindustry, AECC Aero Science and Technology 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.


AECC Aero Science and Technology Co Cyclically Adjusted PB Ratio vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, AECC Aero Science and Technology Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where AECC Aero Science and Technology Co's Cyclically Adjusted PB Ratio falls into.


SHSE:600391
65GF Score
AECC Aero Science and Technology Co Ltd SHSE:600391
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AECC Aero Science and Technology 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.

AECC Aero Science and Technology Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=37.91/5.04
=7.52

* 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.

AECC Aero Science and Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, AECC Aero Science and Technology 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)
=5.423/116.0564*116.0564
=5.423

Current CPI (Jun. 2026) = 116.0564.

AECC Aero Science and Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 5.240 102.400 5.939
201612 5.252 102.600 5.941
201703 5.267 103.200 5.923
201706 5.346 103.100 6.018
201709 5.337 104.100 5.950
201712 5.278 104.500 5.862
201803 5.377 105.300 5.926
201806 5.242 104.900 5.800
201809 5.156 106.600 5.613
201812 4.349 106.500 4.739
201903 4.286 107.700 4.619
201906 4.281 107.700 4.613
201909 4.306 109.800 4.551
201912 4.436 111.200 4.630
202003 4.349 112.300 4.494
202006 4.258 110.400 4.476
202009 4.290 111.700 4.457
202012 4.417 111.500 4.597
202103 4.332 112.662 4.463
202106 4.276 111.769 4.440
202109 4.301 112.215 4.448
202112 4.491 113.108 4.608
202203 4.419 114.335 4.486
202206 4.473 114.558 4.532
202209 4.521 115.339 4.549
202212 4.650 115.116 4.688
202303 4.671 115.116 4.709
202306 4.752 114.558 4.814
202309 4.808 115.339 4.838
202312 4.833 114.781 4.887
202403 4.827 115.227 4.862
202406 4.877 114.781 4.931
202409 4.982 115.785 4.994
202412 5.025 114.893 5.076
202503 5.044 115.116 5.085
202506 5.259 114.907 5.312
202509 5.317 115.471 5.344
202512 5.408 115.832 5.418
202603 5.375 116.303 5.364
202606 5.423 116.056 5.423

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 7.52 mean?
AECC Aero Science and Technology Co (SHSE:600391) has a Cyclically Adjusted PB Ratio of 7.52 as of Sep. 04, 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 AECC Aero Science and Technology Co and its competitors. This is 94% above median its historical median of 3.87. Over the past decade, AECC Aero Science and Technology Co's Cyclically Adjusted PB Ratio has ranged from 2.23 to 10.62. According to the industry distribution chart, AECC Aero Science and Technology Co ranks #153 out of 205 companies in the Aerospace & Defense industry, placing it in the top 74.6%.
Is AECC Aero Science and Technology Co's Cyclically Adjusted PB Ratio too high?
AECC Aero Science and Technology Co's current Cyclically Adjusted PB Ratio of 7.52 is 94% above median its 10-year median of 3.87. Over the past 10 years, this metric has ranged from a low of 2.23 to a high of 10.62. The Aerospace & Defense industry median Cyclically Adjusted PB Ratio is 3.38. AECC Aero Science and Technology Co's value of 7.52 is 122.5% above this industry median. Based on the distribution chart, AECC Aero Science and Technology Co ranks #153 out of 205 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, AECC Aero Science and Technology Co has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AECC Aero Science and Technology Co's Cyclically Adjusted PB Ratio compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, AECC Aero Science and Technology Co ranks #153 out of 205 companies for Cyclically Adjusted PB Ratio. This places AECC Aero Science and Technology Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 3.38. AECC Aero Science and Technology Co's value of 7.52 is 122.5% above this benchmark. Historically, AECC Aero Science and Technology Co's own Cyclically Adjusted PB Ratio has ranged from 2.23 to 10.62 over the past decade. While the company's 10-year median is 3.87 vs. the industry median of 3.38, AECC Aero Science and Technology 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 Aerospace & Defense company?
The median Cyclically Adjusted PB Ratio among Aerospace & Defense companies is 3.38, based on 205 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. AECC Aero Science and Technology Co's current Cyclically Adjusted PB Ratio of 7.52 is 122.5% 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 AECC Aero Science and Technology Co and its competitors. For the Aerospace & Defense industry, the median Cyclically Adjusted PB Ratio is 3.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AECC Aero Science and Technology Co's current Cyclically Adjusted PB Ratio is 7.52, which is 94% above median its own 10-year median of 3.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AECC Aero Science and Technology Co stock overvalued right now?
Based on GuruFocus' analysis, AECC Aero Science and Technology Co (SHSE:600391) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥26.52, compared to a current price of ¥37.91 — trading 42.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 7.52, which is 94% above median its 10-year median of 3.87 and 122.5% above the Aerospace & Defense industry median of 3.38. AECC Aero Science and Technology Co's overall GF Score™ is 65/100 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 AECC Aero Science and Technology Co (SHSE:600391), the current Cyclically Adjusted PB Ratio is 7.52 as of Sep. 04, 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 AECC Aero Science and Technology Co (SHSE:600391) Overvalued in 2026?

Based on GuruFocus' analysis, AECC Aero Science and Technology Co stock appears to be overvalued. The current stock price of ¥37.91 is trading 42.9% above its estimated GF Value™ of ¥26.52. GuruFocus considers AECC Aero Science and Technology Co to be Significantly Overvalued.

Key valuation signals for SHSE:600391:

  • Cyclically Adjusted PB Ratio: 7.52 (94% above median its 10-year median of 3.87)
  • GF Value™: ¥26.52 vs. price of ¥37.91 (42.9% above fair value)
  • GF Score™: 65/100 with 3 warning signs
  • Industry Position: 122.5% above the Aerospace & Defense median (#153 of 205)

No single metric tells the full story. See the SHSE:600391 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AECC Aero Science and Technology Co Business Description

Address No. 901, 9th Floor, Building 1, Tianyun Road, High-tech Zone, Sichuan Province, Chengdu, CHN, 610503
AECC Aero Science and Technology Co Ltd is a China-based company engages in the research and development, manufacture, and sale of aviation products. It focuses on aircraft engines and their components, gas turbine components and parts, and aviation bearings.
65GF Score

Get the complete analysis for SHSE:600391

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

¥37.91
Price
¥26.52
GF Value