Zhangzhou Pientzehuang Pharmaceutical Co (SHSE:600436) Cyclically Adjusted PB Ratio: 8.11 (As of Aug. 22, 2026) — 64% Below Median

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SHSE:600436 Zhangzhou Pientzehuang Pharmaceutical Co Ltd SHSE:600436
88 GF Score
Price ¥124.10
GF Value ¥174.14
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Zhangzhou Pientzehuang Pharmaceutical Co Cyclically Adjusted PB Ratio?

Zhangzhou Pientzehuang Pharmaceutical Co SHSE:600436 -4.28% 88 Cyclically Adjusted PB Ratio is 8.11 as of Aug. 22, 2026, which is 64% below its 10-year median of 22.27. GuruFocus rates SHSE:600436 with a GF Score™ of 88/100 and a GF Value™ of ¥174.14 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 681 Drug Manufacturers companies, Zhangzhou Pientzehuang Pharmaceutical Co ranks worse than 92.22% on this metric.

As of today (2026-08-22), Zhangzhou Pientzehuang Pharmaceutical Co's current share price is ¥124.10. Zhangzhou Pientzehuang Pharmaceutical Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ¥15.30. Zhangzhou Pientzehuang Pharmaceutical Co's Cyclically Adjusted PB Ratio for today is 8.11.

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

SHSE:600436' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 7.06   Med: 22.27   Max: 66.9
Current: 8.11

During the past years, Zhangzhou Pientzehuang Pharmaceutical Co's highest Cyclically Adjusted PB Ratio was 66.90. The lowest was 7.06. And the median was 22.27.

SHSE:600436's Cyclically Adjusted PB Ratio is ranked worse than
92.22% of 681 companies
in the Drug Manufacturers industry
Industry Median: 1.73 vs SHSE:600436: 8.11

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.

Zhangzhou Pientzehuang Pharmaceutical Co's adjusted book value per share data for the three months ended in Mar. 2026 was ¥25.215. 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 ¥15.30 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zhangzhou Pientzehuang Pharmaceutical Co  (SHSE:600436) 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.


Zhangzhou Pientzehuang Pharmaceutical Co Cyclically Adjusted PB Ratio Related Terms


Zhangzhou Pientzehuang Pharmaceutical Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Zhangzhou Pientzehuang Pharmaceutical 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.

Zhangzhou Pientzehuang Pharmaceutical Co Cyclically Adjusted PB Ratio Chart

Zhangzhou Pientzehuang Pharmaceutical 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 56.95 31.00 22.06 16.76 11.43

Zhangzhou Pientzehuang Pharmaceutical 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 15.20 14.55 13.79 11.43 9.88

SHSE:600436 vs LLY, JNJ, ABBV: Cyclically Adjusted PB Ratio Comparison

For the Drug Manufacturers - General subindustry, Zhangzhou Pientzehuang Pharmaceutical 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.


Zhangzhou Pientzehuang Pharmaceutical Co Cyclically Adjusted PB Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Zhangzhou Pientzehuang Pharmaceutical Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Zhangzhou Pientzehuang Pharmaceutical Co's Cyclically Adjusted PB Ratio falls into.


SHSE:600436
88GF Score
Zhangzhou Pientzehuang Pharmaceutical Co Ltd SHSE:600436
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhangzhou Pientzehuang Pharmaceutical 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.

Zhangzhou Pientzehuang Pharmaceutical Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=124.10/15.30
=8.11

* 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.

Zhangzhou Pientzehuang Pharmaceutical Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Zhangzhou Pientzehuang Pharmaceutical 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)
=25.215/116.3033*116.3033
=25.215

Current CPI (Mar. 2026) = 116.3033.

Zhangzhou Pientzehuang Pharmaceutical Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 5.333 101.400 6.117
201609 5.640 102.400 6.406
201612 5.790 102.600 6.563
201703 6.168 103.200 6.951
201706 6.236 103.100 7.035
201709 6.691 104.100 7.475
201712 6.856 104.500 7.630
201803 7.357 105.300 8.126
201806 7.340 104.900 8.138
201809 7.805 106.600 8.515
201812 8.312 106.500 9.077
201903 9.133 107.700 9.863
201906 9.747 107.700 10.526
201909 10.408 109.800 11.024
201912 10.991 111.200 11.495
202003 11.711 112.300 12.128
202006 11.581 110.400 12.200
202009 12.475 111.700 12.989
202012 13.032 111.500 13.593
202103 13.972 112.662 14.424
202106 14.004 111.769 14.572
202109 15.489 112.215 16.053
202112 16.087 113.108 16.542
202203 17.123 114.335 17.418
202206 16.942 114.558 17.200
202209 18.062 115.339 18.213
202212 18.779 115.116 18.973
202303 20.076 115.116 20.283
202306 20.105 114.558 20.411
202309 21.560 115.339 21.740
202312 22.171 114.781 22.465
202403 23.757 115.227 23.979
202406 22.657 114.781 22.958
202409 23.240 115.785 23.344
202412 23.655 114.893 23.945
202503 25.298 115.116 25.559
202506 24.240 114.907 24.534
202509 23.988 115.471 24.161
202512 24.099 115.832 24.197
202603 25.215 116.303 25.215

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 8.11 mean?
Zhangzhou Pientzehuang Pharmaceutical Co (SHSE:600436) has a Cyclically Adjusted PB Ratio of 8.11 as of Aug. 22, 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 Zhangzhou Pientzehuang Pharmaceutical Co and its competitors. This is 64% below median its historical median of 22.27. Over the past decade, Zhangzhou Pientzehuang Pharmaceutical Co's Cyclically Adjusted PB Ratio has ranged from 7.06 to 66.90. According to the industry distribution chart, Zhangzhou Pientzehuang Pharmaceutical Co ranks #628 out of 681 companies in the Drug Manufacturers industry, placing it in the top 92.2%.
Is Zhangzhou Pientzehuang Pharmaceutical Co's Cyclically Adjusted PB Ratio too high?
Zhangzhou Pientzehuang Pharmaceutical Co's current Cyclically Adjusted PB Ratio of 8.11 is 64% below median its 10-year median of 22.27. Over the past 10 years, this metric has ranged from a low of 7.06 to a high of 66.90. The Drug Manufacturers industry median Cyclically Adjusted PB Ratio is 1.73. Zhangzhou Pientzehuang Pharmaceutical Co's value of 8.11 is 368.8% above this industry median. Based on the distribution chart, Zhangzhou Pientzehuang Pharmaceutical Co ranks #628 out of 681 companies in the Drug Manufacturers industry, which is in the bottom quartile relative to peers. Overall, Zhangzhou Pientzehuang Pharmaceutical Co has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zhangzhou Pientzehuang Pharmaceutical Co's Cyclically Adjusted PB Ratio compare to LLY and JNJ?
According to the Drug Manufacturers industry distribution chart, Zhangzhou Pientzehuang Pharmaceutical Co ranks #628 out of 681 companies for Cyclically Adjusted PB Ratio. This places Zhangzhou Pientzehuang Pharmaceutical Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.73. Zhangzhou Pientzehuang Pharmaceutical Co's value of 8.11 is 368.8% above this benchmark. Historically, Zhangzhou Pientzehuang Pharmaceutical Co's own Cyclically Adjusted PB Ratio has ranged from 7.06 to 66.90 over the past decade. While the company's 10-year median is 22.27 vs. the industry median of 1.73, Zhangzhou Pientzehuang Pharmaceutical 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 a Drug Manufacturers company?
The median Cyclically Adjusted PB Ratio among Drug Manufacturers companies is 1.73, based on 681 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. Zhangzhou Pientzehuang Pharmaceutical Co's current Cyclically Adjusted PB Ratio of 8.11 is 368.8% 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 Zhangzhou Pientzehuang Pharmaceutical Co and its competitors. For the Drug Manufacturers industry, the median Cyclically Adjusted PB Ratio is 1.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhangzhou Pientzehuang Pharmaceutical Co's current Cyclically Adjusted PB Ratio is 8.11, which is 64% below median its own 10-year median of 22.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhangzhou Pientzehuang Pharmaceutical Co stock overvalued right now?
Based on GuruFocus' analysis, Zhangzhou Pientzehuang Pharmaceutical Co (SHSE:600436) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥174.14, compared to a current price of ¥124.10 — trading 28.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 8.11, which is 64% below median its 10-year median of 22.27 and 368.8% above the Drug Manufacturers industry median of 1.73. Zhangzhou Pientzehuang Pharmaceutical Co's overall GF Score™ is 88/100 with 7 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 Zhangzhou Pientzehuang Pharmaceutical Co (SHSE:600436), the current Cyclically Adjusted PB Ratio is 8.11 as of Aug. 22, 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 Zhangzhou Pientzehuang Pharmaceutical Co (SHSE:600436) Overvalued in 2026?

Based on GuruFocus' analysis, Zhangzhou Pientzehuang Pharmaceutical Co stock appears to be undervalued. The current stock price of ¥124.10 is trading 28.7% below its estimated GF Value™ of ¥174.14. GuruFocus considers Zhangzhou Pientzehuang Pharmaceutical Co to be Modestly Undervalued.

Key valuation signals for SHSE:600436:

  • Cyclically Adjusted PB Ratio: 8.11 (64% below median its 10-year median of 22.27)
  • GF Value™: ¥174.14 vs. price of ¥124.10 (28.7% below fair value)
  • GF Score™: 88/100 with 7 warning signs
  • Industry Position: 368.8% above the Drug Manufacturers median (#628 of 681)

No single metric tells the full story. See the SHSE:600436 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhangzhou Pientzehuang Pharmaceutical Co Business Description

Address No. 1, Hupo Road, Xiangcheng District, Fujian Province, Zhangzhou, CHN, 363000
Zhangzhou Pientzehuang Pharmaceutical Co Ltd produces and sells Chinese medicines. The company's product categories include tablets, hard capsules, granules, pills (water pills, honey pills), syrups, tinctures (including external use), ointments, lozenges, decoctions, Chinese herbal medicine slices (including direct oral slices) (clean preparation); production of candy products (candy), health food products; and production of beverages (solid beverages).
88GF Score

Get the complete analysis for SHSE:600436

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

¥124.10
Price
¥174.14
GF Value