Lingyun Industrial (SHSE:600480) Cyclically Adjusted PB Ratio: 1.56 (As of Aug. 19, 2026) — Near Median

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SHSE:600480 Lingyun Industrial Corp Ltd SHSE:600480
64 GF Score
Price ¥8.36
GF Value ¥9.28
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Lingyun Industrial Cyclically Adjusted PB Ratio?

Lingyun Industrial SHSE:600480 +1.09% 64 Cyclically Adjusted PB Ratio is 1.56 as of Aug. 19, 2026, which is 5% below its 10-year median of 1.65. GuruFocus rates SHSE:600480 with a GF Score™ of 64/100 and a GF Value™ of ¥9.28 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 968 Vehicles & Parts companies, Lingyun Industrial ranks worse than 58.06% on this metric.

As of today (2026-08-19), Lingyun Industrial's current share price is ¥8.36. Lingyun Industrial's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ¥5.37. Lingyun Industrial's Cyclically Adjusted PB Ratio for today is 1.56.

The historical rank and industry rank for Lingyun Industrial's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:600480' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.88   Med: 1.65   Max: 5.01
Current: 1.59

During the past years, Lingyun Industrial's highest Cyclically Adjusted PB Ratio was 5.01. The lowest was 0.88. And the median was 1.65.

SHSE:600480's Cyclically Adjusted PB Ratio is ranked worse than
58.06% of 968 companies
in the Vehicles & Parts industry
Industry Median: 1.27 vs SHSE:600480: 1.59

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.

Lingyun Industrial's adjusted book value per share data for the three months ended in Mar. 2026 was ¥6.750. 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 ¥5.37 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lingyun Industrial  (SHSE:600480) 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.


Lingyun Industrial Cyclically Adjusted PB Ratio Related Terms


Lingyun Industrial Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Lingyun Industrial'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.

Lingyun Industrial Cyclically Adjusted PB Ratio Chart

Lingyun Industrial 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 1.79 1.45 1.48 1.67 2.32

Lingyun Industrial 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 2.52 2.38 2.66 2.32 1.84

SHSE:600480 vs ORLY, AZO: Cyclically Adjusted PB Ratio Comparison

For the Auto Parts subindustry, Lingyun Industrial'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.


Lingyun Industrial Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Lingyun Industrial's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Lingyun Industrial's Cyclically Adjusted PB Ratio falls into.


SHSE:600480
64GF Score
Lingyun Industrial Corp Ltd SHSE:600480
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lingyun Industrial 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.

Lingyun Industrial's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.36/5.37
=1.56

* 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.

Lingyun Industrial's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Lingyun Industrial'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)
=6.75/116.3033*116.3033
=6.750

Current CPI (Mar. 2026) = 116.3033.

Lingyun Industrial Quarterly Data

Book Value per Share CPI Adj_Book
201606 4.217 101.400 4.837
201609 4.213 102.400 4.785
201612 4.251 102.600 4.819
201703 4.379 103.200 4.935
201706 4.468 103.100 5.040
201709 4.498 104.100 5.025
201712 4.559 104.500 5.074
201803 4.630 105.300 5.114
201806 4.763 104.900 5.281
201809 4.726 106.600 5.156
201812 4.786 106.500 5.227
201903 4.003 107.700 4.323
201906 4.724 107.700 5.101
201909 4.602 109.800 4.875
201912 4.624 111.200 4.836
202003 4.534 112.300 4.696
202006 4.610 110.400 4.857
202009 4.677 111.700 4.870
202012 4.741 111.500 4.945
202103 4.821 112.662 4.977
202106 4.854 111.769 5.051
202109 4.842 112.215 5.018
202112 4.868 113.108 5.006
202203 5.265 114.335 5.356
202206 5.224 114.558 5.304
202209 5.297 115.339 5.341
202212 5.412 115.116 5.468
202303 5.355 115.116 5.410
202306 5.509 114.558 5.593
202309 5.578 115.339 5.625
202312 5.734 114.781 5.810
202403 5.943 115.227 5.999
202406 5.946 114.781 6.025
202409 6.042 115.785 6.069
202412 6.109 114.893 6.184
202503 6.372 115.116 6.438
202506 6.349 114.907 6.426
202509 6.375 115.471 6.421
202512 6.588 115.832 6.615
202603 6.750 116.303 6.750

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 1.56 mean?
Lingyun Industrial (SHSE:600480) has a Cyclically Adjusted PB Ratio of 1.56 as of Aug. 19, 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 Lingyun Industrial and its competitors. This is near median its historical median of 1.65. Over the past decade, Lingyun Industrial's Cyclically Adjusted PB Ratio has ranged from 0.88 to 5.01. According to the industry distribution chart, Lingyun Industrial ranks #562 out of 968 companies in the Vehicles & Parts industry, placing it in the top 58.1%.
Is Lingyun Industrial's Cyclically Adjusted PB Ratio too high?
Lingyun Industrial's current Cyclically Adjusted PB Ratio of 1.56 is near median its 10-year median of 1.65. Over the past 10 years, this metric has ranged from a low of 0.88 to a high of 5.01. The Vehicles & Parts industry median Cyclically Adjusted PB Ratio is 1.27. Lingyun Industrial's value of 1.56 is 22.8% above this industry median. Based on the distribution chart, Lingyun Industrial ranks #562 out of 968 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Lingyun Industrial has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lingyun Industrial's Cyclically Adjusted PB Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Lingyun Industrial ranks #562 out of 968 companies for Cyclically Adjusted PB Ratio. This places Lingyun Industrial in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.27. Lingyun Industrial's value of 1.56 is 22.8% above this benchmark. Historically, Lingyun Industrial's own Cyclically Adjusted PB Ratio has ranged from 0.88 to 5.01 over the past decade. While the company's 10-year median is 1.65 vs. the industry median of 1.27, Lingyun Industrial 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 Vehicles & Parts company?
The median Cyclically Adjusted PB Ratio among Vehicles & Parts companies is 1.27, based on 968 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. Lingyun Industrial's current Cyclically Adjusted PB Ratio of 1.56 is 22.8% 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 Lingyun Industrial and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lingyun Industrial's current Cyclically Adjusted PB Ratio is 1.56, which is near median its own 10-year median of 1.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lingyun Industrial stock overvalued right now?
Based on GuruFocus' analysis, Lingyun Industrial (SHSE:600480) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥9.28, compared to a current price of ¥8.36 — trading 9.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.56, which is near median its 10-year median of 1.65 and 22.8% above the Vehicles & Parts industry median of 1.27. Lingyun Industrial's overall GF Score™ is 64/100 with 2 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 Lingyun Industrial (SHSE:600480), the current Cyclically Adjusted PB Ratio is 1.56 as of Aug. 19, 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 Lingyun Industrial (SHSE:600480) Overvalued in 2026?

Based on GuruFocus' analysis, Lingyun Industrial stock appears to be undervalued. The current stock price of ¥8.36 is trading 9.9% below its estimated GF Value™ of ¥9.28. GuruFocus considers Lingyun Industrial to be Modestly Undervalued.

Key valuation signals for SHSE:600480:

  • Cyclically Adjusted PB Ratio: 1.56 (near median its 10-year median of 1.65)
  • GF Value™: ¥9.28 vs. price of ¥8.36 (9.9% below fair value)
  • GF Score™: 64/100 with 2 warning signs
  • Industry Position: 22.8% above the Vehicles & Parts median (#562 of 968)

No single metric tells the full story. See the SHSE:600480 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lingyun Industrial Business Description

Address Songlindian Town, Zhuozhou, Hebei, CHN, 072761
Lingyun Industrial Corp Ltd is a China-based company engaged in the production and distribution of metal auto parts, plastic auto parts, and PE pipe system. The company's main products include Battery case, Injection welding pipe fittings, Pipe products, Electric heating pipe fittings, PP winding tube, Decorative seal, Car decoration and Car rubber and nylon pipe.
64GF Score

Get the complete analysis for SHSE:600480

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

¥8.36
Price
¥9.28
GF Value