But'one Information xi'an (SHSE:600455) Cyclically Adjusted PB Ratio: 7.18 (As of Aug. 17, 2026) — 21% Below Median

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.
Reviewed by: Charlie Tian Charlie Tian
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:600455 But'one Information Corp xi'an SHSE:600455
70 GF Score
Price ¥24.54
GF Value ¥26.51
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is But'one Information xi'an Cyclically Adjusted PB Ratio?

But'one Information xi'an SHSE:600455 +2.51% 70 Cyclically Adjusted PB Ratio is 7.18 as of Aug. 17, 2026, which is 21% below its 10-year median of 9.14. GuruFocus rates SHSE:600455 with a GF Score™ of 70/100 and a GF Value™ of ¥26.51 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,548 Software companies, But'one Information xi'an ranks worse than 82.82% on this metric.

As of today (2026-08-17), But'one Information xi'an's current share price is ¥24.54. But'one Information xi'an's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ¥3.42. But'one Information xi'an's Cyclically Adjusted PB Ratio for today is 7.18.

The historical rank and industry rank for But'one Information xi'an's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:600455' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.85   Med: 9.14   Max: 27.36
Current: 7

During the past years, But'one Information xi'an's highest Cyclically Adjusted PB Ratio was 27.36. The lowest was 4.85. And the median was 9.14.

SHSE:600455's Cyclically Adjusted PB Ratio is ranked worse than
82.82% of 1548 companies
in the Software industry
Industry Median: 2.34 vs SHSE:600455: 7.00

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.

But'one Information xi'an's adjusted book value per share data for the three months ended in Jun. 2026 was ¥5.745. 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 ¥3.42 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


But'one Information xi'an  (SHSE:600455) 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.


But'one Information xi'an Cyclically Adjusted PB Ratio Related Terms


But'one Information xi'an Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for But'one Information xi'an'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.

But'one Information xi'an Cyclically Adjusted PB Ratio Chart

But'one Information xi'an 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 9.48 8.53 9.02 6.96 7.99

But'one Information xi'an 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 8.66 8.27 7.99 7.97 6.42

SHSE:600455 vs QH, SHOP, UBER: Cyclically Adjusted PB Ratio Comparison

For the Software - Application subindustry, But'one Information xi'an'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.


But'one Information xi'an Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, But'one Information xi'an's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where But'one Information xi'an's Cyclically Adjusted PB Ratio falls into.


SHSE:600455
70GF Score
But'one Information Corp xi'an SHSE:600455
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

But'one Information xi'an 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.

But'one Information xi'an's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=24.54/3.42
=7.18

* 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.

But'one Information xi'an's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, But'one Information xi'an'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)
=5.745/116.0564*116.0564
=5.745

Current CPI (Jun. 2026) = 116.0564.

But'one Information xi'an Quarterly Data

Book Value per Share CPI Adj_Book
201609 2.078 102.400 2.355
201612 1.989 102.600 2.250
201703 1.945 103.200 2.187
201706 1.966 103.100 2.213
201709 2.150 104.100 2.397
201712 2.060 104.500 2.288
201803 2.055 105.300 2.265
201806 2.046 104.900 2.264
201809 2.170 106.600 2.362
201812 2.110 106.500 2.299
201903 2.224 107.700 2.397
201906 2.326 107.700 2.506
201909 2.402 109.800 2.539
201912 2.390 111.200 2.494
202003 2.476 112.300 2.559
202006 2.656 110.400 2.792
202009 2.744 111.700 2.851
202012 2.649 111.500 2.757
202103 2.878 112.662 2.965
202106 3.029 111.769 3.145
202109 3.310 112.215 3.423
202112 3.157 113.108 3.239
202203 3.432 114.335 3.484
202206 3.593 114.558 3.640
202209 3.740 115.339 3.763
202212 3.577 115.116 3.606
202303 3.860 115.116 3.892
202306 4.036 114.558 4.089
202309 4.161 115.339 4.187
202312 3.973 114.781 4.017
202403 4.280 115.227 4.311
202406 4.456 114.781 4.506
202409 4.673 115.785 4.684
202412 4.495 114.893 4.541
202503 4.748 115.116 4.787
202506 4.970 114.907 5.020
202509 5.220 115.471 5.246
202512 5.206 115.832 5.216
202603 5.478 116.303 5.466
202606 5.745 116.056 5.745

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 7.18 mean?
But'one Information xi'an (SHSE:600455) has a Cyclically Adjusted PB Ratio of 7.18 as of Aug. 17, 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 But'one Information xi'an and its competitors. This is 21% below median its historical median of 9.14. Over the past decade, But'one Information xi'an's Cyclically Adjusted PB Ratio has ranged from 4.85 to 27.36. According to the industry distribution chart, But'one Information xi'an ranks #1282 out of 1548 companies in the Software industry, placing it in the top 82.8%.
Is But'one Information xi'an's Cyclically Adjusted PB Ratio too high?
But'one Information xi'an's current Cyclically Adjusted PB Ratio of 7.18 is 21% below median its 10-year median of 9.14. Over the past 10 years, this metric has ranged from a low of 4.85 to a high of 27.36. The Software industry median Cyclically Adjusted PB Ratio is 2.34. But'one Information xi'an's value of 7.18 is 206.8% above this industry median. Based on the distribution chart, But'one Information xi'an ranks #1282 out of 1548 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, But'one Information xi'an has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does But'one Information xi'an's Cyclically Adjusted PB Ratio compare to QH and SHOP?
According to the Software industry distribution chart, But'one Information xi'an ranks #1282 out of 1548 companies for Cyclically Adjusted PB Ratio. This places But'one Information xi'an in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.34. But'one Information xi'an's value of 7.18 is 206.8% above this benchmark. Historically, But'one Information xi'an's own Cyclically Adjusted PB Ratio has ranged from 4.85 to 27.36 over the past decade. While the company's 10-year median is 9.14 vs. the industry median of 2.34, But'one Information xi'an 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 Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.34, based on 1,548 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. But'one Information xi'an's current Cyclically Adjusted PB Ratio of 7.18 is 206.8% 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 But'one Information xi'an and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. But'one Information xi'an's current Cyclically Adjusted PB Ratio is 7.18, which is 21% below median its own 10-year median of 9.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is But'one Information xi'an stock overvalued right now?
Based on GuruFocus' analysis, But'one Information xi'an (SHSE:600455) is currently considered Fairly Valued. The stock's GF Value™ is ¥26.51, compared to a current price of ¥24.54 — trading 7.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 7.18, which is 21% below median its 10-year median of 9.14 and 206.8% above the Software industry median of 2.34. But'one Information xi'an's overall GF Score™ is 70/100 with 6 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 But'one Information xi'an (SHSE:600455), the current Cyclically Adjusted PB Ratio is 7.18 as of Aug. 17, 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 But'one Information xi'an (SHSE:600455) Overvalued in 2026?

Based on GuruFocus' analysis, But'one Information xi'an stock appears to be undervalued. The current stock price of ¥24.54 is trading 7.4% below its estimated GF Value™ of ¥26.51. GuruFocus considers But'one Information xi'an to be Fairly Valued.

Key valuation signals for SHSE:600455:

  • Cyclically Adjusted PB Ratio: 7.18 (21% below median its 10-year median of 9.14)
  • GF Value™: ¥26.51 vs. price of ¥24.54 (7.4% below fair value)
  • GF Score™: 70/100 with 6 warning signs
  • Industry Position: 206.8% above the Software median (#1282 of 1548)

No single metric tells the full story. See the SHSE:600455 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


But'one Information xi'an Business Description

Address Huoju Road, Block C, 10th Floor, Building 3, Shaanxi Province, Xi\'an, CHN, 710043
But'one Information Corp xi'an is engaged in the research and development of application software products and industry solutions. The company is also involved in computer system integration.
70GF Score

Get the complete analysis for SHSE:600455

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

¥24.54
Price
¥26.51
GF Value