Zhejiang China Commodities City Group Co (SHSE:600415) Cyclically Adjusted PB Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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SHSE:600415 Zhejiang China Commodities City Group Co Ltd SHSE:600415
72 GF Score
Price ¥11.82
GF Value ¥19.51
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Zhejiang China Commodities City Group Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Zhejiang China Commodities City Group Co  (SHSE:600415) 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.


Zhejiang China Commodities City Group Co Cyclically Adjusted PB Ratio Related Terms


Zhejiang China Commodities City Group Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Zhejiang China Commodities City Group 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.

Zhejiang China Commodities City Group Co Cyclically Adjusted PB Ratio Chart

Zhejiang China Commodities City Group 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 2.19 2.23 2.96 5.05 5.52

Zhejiang China Commodities City Group 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 7.69 6.73 5.66 4.48 3.47

SHSE:600415 vs NKE, DECK, ONON: Cyclically Adjusted PB Ratio Comparison

For the Footwear & Accessories subindustry, Zhejiang China Commodities City Group 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.


Zhejiang China Commodities City Group Co Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Zhejiang China Commodities City Group Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Zhejiang China Commodities City Group Co's Cyclically Adjusted PB Ratio falls into.


SHSE:600415
72GF Score
Zhejiang China Commodities City Group Co Ltd SHSE:600415
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhejiang China Commodities City Group 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.

Zhejiang China Commodities City Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Zhejiang China Commodities City Group 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)
=4.047/116.0564*116.0564
=4.047

Current CPI (Jun. 2026) = 116.0564.

Zhejiang China Commodities City Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 1.903 102.400 2.157
201612 1.938 102.600 2.192
201703 2.061 103.200 2.318
201706 2.054 103.100 2.312
201709 2.081 104.100 2.320
201712 2.121 104.500 2.356
201803 2.201 105.300 2.426
201806 2.224 104.900 2.461
201809 2.252 106.600 2.452
201812 2.172 106.500 2.367
201903 2.234 107.700 2.407
201906 2.257 107.700 2.432
201909 2.323 109.800 2.455
201912 2.404 111.200 2.509
202003 2.443 112.300 2.525
202006 2.527 110.400 2.656
202009 2.496 111.700 2.593
202012 2.494 111.500 2.596
202103 2.555 112.662 2.632
202106 2.588 111.769 2.687
202109 2.670 112.215 2.761
202112 2.688 113.108 2.758
202203 2.799 114.335 2.841
202206 2.829 114.558 2.866
202209 2.902 115.339 2.920
202212 2.807 115.116 2.830
202303 3.033 115.116 3.058
202306 3.122 114.558 3.163
202309 3.176 115.339 3.196
202312 3.245 114.781 3.281
202403 3.382 115.227 3.406
202406 3.308 114.781 3.345
202409 3.624 115.785 3.633
202412 3.761 114.893 3.799
202503 3.909 115.116 3.941
202506 3.733 114.907 3.770
202509 4.060 115.471 4.081
202512 4.200 115.832 4.208
202603 4.368 116.303 4.359
202606 4.047 116.056 4.047

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 Zhejiang China Commodities City Group Co (SHSE:600415) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang China Commodities City Group Co stock appears to be undervalued. The current stock price of ¥11.82 is trading 39.4% below its estimated GF Value™ of ¥19.51. GuruFocus considers Zhejiang China Commodities City Group Co to be Significantly Undervalued.

Key valuation signals for SHSE:600415:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ¥19.51 vs. price of ¥11.82 (39.4% below fair value)
  • GF Score™: 72/100 with 1 warning sign

No single metric tells the full story. See the SHSE:600415 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhejiang China Commodities City Group Co Business Description

Address No. 567, Yinhai Road, Shangcheng Group Building, Futian Subdistrict, Zhejiang Province, Yiwu, CHN, 322000
Zhejiang China Commodities City Group Co Ltd is engaged in the construction and operation of commodities trading platforms in China. The company's activities include the market network operation, real estate development and sales, hotel services, commodity sales, exhibition, and advertising services. etc.
72GF Score

Get the complete analysis for SHSE:600415

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

¥11.82
Price
¥19.51
GF Value