Beijing Dynamic Power Co (SHSE:600405) Cyclically Adjusted PB Ratio: 2.79 (As of Aug. 16, 2026) — 12% Below Median

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SHSE:600405 Beijing Dynamic Power Co Ltd SHSE:600405
43 GF Score
Price ¥4.52
GF Value ¥2.50
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Beijing Dynamic Power Co Cyclically Adjusted PB Ratio?

Beijing Dynamic Power Co SHSE:600405 -0.66% 43 Cyclically Adjusted PB Ratio is 2.79 as of Aug. 16, 2026, which is 12% below its 10-year median of 3.17. GuruFocus rates SHSE:600405 with a GF Score™ of 43/100 and a GF Value™ of ¥2.50 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,203 Industrial Products companies, Beijing Dynamic Power Co ranks worse than 59.15% on this metric.

As of today (2026-08-16), Beijing Dynamic Power Co's current share price is ¥4.52. Beijing Dynamic Power Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ¥1.62. Beijing Dynamic Power Co's Cyclically Adjusted PB Ratio for today is 2.79.

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

SHSE:600405' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.8   Med: 3.17   Max: 9.35
Current: 2.79

During the past years, Beijing Dynamic Power Co's highest Cyclically Adjusted PB Ratio was 9.35. The lowest was 1.80. And the median was 3.17.

SHSE:600405's Cyclically Adjusted PB Ratio is ranked worse than
59.15% of 2203 companies
in the Industrial Products industry
Industry Median: 2.18 vs SHSE:600405: 2.79

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.

Beijing Dynamic Power Co's adjusted book value per share data for the three months ended in Mar. 2026 was ¥0.051. 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 ¥1.62 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Beijing Dynamic Power Co  (SHSE:600405) 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.


Beijing Dynamic Power Co Cyclically Adjusted PB Ratio Related Terms


Beijing Dynamic Power Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Beijing Dynamic Power 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.

Beijing Dynamic Power Co Cyclically Adjusted PB Ratio Chart

Beijing Dynamic Power 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 4.26 3.03 3.11 3.17 3.15

Beijing Dynamic Power 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 2.89 3.31 3.59 3.15 3.39

SHSE:600405 vs VRT, BE: Cyclically Adjusted PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, Beijing Dynamic Power 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.


Beijing Dynamic Power Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

* The bar in red indicates where Beijing Dynamic Power Co's Cyclically Adjusted PB Ratio falls into.


SHSE:600405
43GF Score
Beijing Dynamic Power Co Ltd SHSE:600405
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Beijing Dynamic Power 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.

Beijing Dynamic Power Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.52/1.62
=2.79

* 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.

Beijing Dynamic Power Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Beijing Dynamic Power 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)
=0.051/116.3033*116.3033
=0.051

Current CPI (Mar. 2026) = 116.3033.

Beijing Dynamic Power Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.590 101.400 1.824
201609 1.661 102.400 1.887
201612 1.727 102.600 1.958
201703 1.485 103.200 1.674
201706 2.334 103.100 2.633
201709 2.352 104.100 2.628
201712 2.469 104.500 2.748
201803 2.363 105.300 2.610
201806 2.328 104.900 2.581
201809 2.330 106.600 2.542
201812 1.908 106.500 2.084
201903 1.839 107.700 1.986
201906 1.876 107.700 2.026
201909 1.885 109.800 1.997
201912 1.870 111.200 1.956
202003 1.793 112.300 1.857
202006 1.886 110.400 1.987
202009 1.926 111.700 2.005
202012 1.862 111.500 1.942
202103 1.792 112.662 1.850
202106 1.767 111.769 1.839
202109 1.773 112.215 1.838
202112 1.606 113.108 1.651
202203 1.578 114.335 1.605
202206 1.563 114.558 1.587
202209 1.629 115.339 1.643
202212 1.589 115.116 1.605
202303 1.509 115.116 1.525
202306 1.486 114.558 1.509
202309 1.414 115.339 1.426
202312 1.090 114.781 1.104
202403 0.988 115.227 0.997
202406 0.903 114.781 0.915
202409 0.728 115.785 0.731
202412 0.592 114.893 0.599
202503 0.511 115.116 0.516
202506 0.443 114.907 0.448
202509 0.338 115.471 0.340
202512 0.109 115.832 0.109
202603 0.051 116.303 0.051

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 2.79 mean?
Beijing Dynamic Power Co (SHSE:600405) has a Cyclically Adjusted PB Ratio of 2.79 as of Aug. 16, 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 Beijing Dynamic Power Co and its competitors. This is 12% below median its historical median of 3.17. Over the past decade, Beijing Dynamic Power Co's Cyclically Adjusted PB Ratio has ranged from 1.80 to 9.35. According to the industry distribution chart, Beijing Dynamic Power Co ranks #1303 out of 2203 companies in the Industrial Products industry, placing it in the top 59.1%.
Is Beijing Dynamic Power Co's Cyclically Adjusted PB Ratio too high?
Beijing Dynamic Power Co's current Cyclically Adjusted PB Ratio of 2.79 is 12% below median its 10-year median of 3.17. Over the past 10 years, this metric has ranged from a low of 1.80 to a high of 9.35. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.18. Beijing Dynamic Power Co's value of 2.79 is 28% above this industry median. Based on the distribution chart, Beijing Dynamic Power Co ranks #1303 out of 2203 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Beijing Dynamic Power Co has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Beijing Dynamic Power Co's Cyclically Adjusted PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Beijing Dynamic Power Co ranks #1303 out of 2203 companies for Cyclically Adjusted PB Ratio. This places Beijing Dynamic Power Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.18. Beijing Dynamic Power Co's value of 2.79 is 28% above this benchmark. Historically, Beijing Dynamic Power Co's own Cyclically Adjusted PB Ratio has ranged from 1.80 to 9.35 over the past decade. While the company's 10-year median is 3.17 vs. the industry median of 2.18, Beijing Dynamic Power 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 2.18, based on 2,203 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. Beijing Dynamic Power Co's current Cyclically Adjusted PB Ratio of 2.79 is 28% 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 Beijing Dynamic Power Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Beijing Dynamic Power Co's current Cyclically Adjusted PB Ratio is 2.79, which is 12% below median its own 10-year median of 3.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beijing Dynamic Power Co stock overvalued right now?
Based on GuruFocus' analysis, Beijing Dynamic Power Co (SHSE:600405) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥2.50, compared to a current price of ¥4.52 — trading 80.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.79, which is 12% below median its 10-year median of 3.17 and 28% above the Industrial Products industry median of 2.18. Beijing Dynamic Power Co's overall GF Score™ is 43/100 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 Beijing Dynamic Power Co (SHSE:600405), the current Cyclically Adjusted PB Ratio is 2.79 as of Aug. 16, 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 Beijing Dynamic Power Co (SHSE:600405) Overvalued in 2026?

Based on GuruFocus' analysis, Beijing Dynamic Power Co stock appears to be overvalued. The current stock price of ¥4.52 is trading 80.8% above its estimated GF Value™ of ¥2.50. GuruFocus considers Beijing Dynamic Power Co to be Significantly Overvalued.

Key valuation signals for SHSE:600405:

  • Cyclically Adjusted PB Ratio: 2.79 (12% below median its 10-year median of 3.17)
  • GF Value™: ¥2.50 vs. price of ¥4.52 (80.8% above fair value)
  • GF Score™: 43/100 with 5 warning signs
  • Industry Position: 28% above the Industrial Products median (#1303 of 2203)

No single metric tells the full story. See the SHSE:600405 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Beijing Dynamic Power Co Business Description

Address No. 8 Xing Huo Road, Technology Park, Fengtai District, Beijing, Beijing, CHN, 100070
Beijing Dynamic Power Co Ltd is a power electronics manufacturer in China. Its products include switch mode communication power systems, including embedded, wall-mounted, outdoor, AC, and DC, and 24V series intelligent switch mode type communication power systems; and portable emergency repair power supply products, communication and distribution products, and communication converters, as well as sub-rack power systems and rectifier modules.
43GF Score

Get the complete analysis for SHSE:600405

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

¥4.52
Price
¥2.50
GF Value