China Shipbuilding Industry Group Power Co (SHSE:600482) Cyclically Adjusted PB Ratio: 1.70 (As of Aug. 06, 2026) — Near 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:600482 China Shipbuilding Industry Group Power Co Ltd SHSE:600482
88 GF Score
Price ¥29.02
GF Value ¥27.10
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is China Shipbuilding Industry Group Power Co Cyclically Adjusted PB Ratio?

China Shipbuilding Industry Group Power Co SHSE:600482 +1.97% 88 Cyclically Adjusted PB Ratio is 1.70 as of Aug. 06, 2026, which is 2% below its 10-year median of 1.74. GuruFocus rates SHSE:600482 with a GF Score™ of 88/100 and a GF Value™ of ¥27.10 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,254 Industrial Products companies, China Shipbuilding Industry Group Power Co ranks better than 57.1% on this metric.

As of today (2026-08-06), China Shipbuilding Industry Group Power Co's current share price is ¥29.02. China Shipbuilding Industry Group Power Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ¥17.08. China Shipbuilding Industry Group Power Co's Cyclically Adjusted PB Ratio for today is 1.70.

The historical rank and industry rank for China Shipbuilding Industry Group Power Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:600482' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.15   Med: 1.74   Max: 8.61
Current: 1.73

During the past years, China Shipbuilding Industry Group Power Co's highest Cyclically Adjusted PB Ratio was 8.61. The lowest was 1.15. And the median was 1.74.

SHSE:600482's Cyclically Adjusted PB Ratio is ranked better than
57.1% of 2254 companies
in the Industrial Products industry
Industry Median: 2.065 vs SHSE:600482: 1.73

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.

China Shipbuilding Industry Group Power Co's adjusted book value per share data for the three months ended in Mar. 2026 was ¥18.033. 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 ¥17.08 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Shipbuilding Industry Group Power Co  (SHSE:600482) 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.


China Shipbuilding Industry Group Power Co Cyclically Adjusted PB Ratio Related Terms


China Shipbuilding Industry Group Power Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for China Shipbuilding Industry Group 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.

China Shipbuilding Industry Group Power Co Cyclically Adjusted PB Ratio Chart

China Shipbuilding Industry Group 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 1.70 1.17 1.25 1.56 1.25

China Shipbuilding Industry Group 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 1.36 1.42 1.33 1.25 1.83

SHSE:600482 vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, China Shipbuilding Industry Group 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.


China Shipbuilding Industry Group Power Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

* The bar in red indicates where China Shipbuilding Industry Group Power Co's Cyclically Adjusted PB Ratio falls into.


SHSE:600482
88GF Score
China Shipbuilding Industry Group Power Co Ltd SHSE:600482
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Shipbuilding Industry Group 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.

China Shipbuilding Industry Group Power Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=29.02/17.08
=1.70

* 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.

China Shipbuilding Industry Group Power Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, China Shipbuilding Industry Group 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)
=18.033/116.3033*116.3033
=18.033

Current CPI (Mar. 2026) = 116.3033.

China Shipbuilding Industry Group Power Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 19.210 101.400 22.033
201609 14.338 102.400 16.285
201612 14.627 102.600 16.581
201703 14.766 103.200 16.641
201706 14.590 103.100 16.458
201709 14.769 104.100 16.500
201712 14.672 104.500 16.329
201803 15.167 105.300 16.752
201806 15.410 104.900 17.085
201809 15.326 106.600 16.721
201812 15.212 106.500 16.612
201903 15.204 107.700 16.419
201906 15.172 107.700 16.384
201909 15.438 109.800 16.352
201912 16.123 111.200 16.863
202003 12.635 112.300 13.085
202006 16.452 110.400 17.332
202009 16.568 111.700 17.251
202012 16.561 111.500 17.274
202103 16.620 112.662 17.157
202106 16.744 111.769 17.423
202109 16.713 112.215 17.322
202112 18.573 113.108 19.098
202203 16.786 114.335 17.075
202206 16.804 114.558 17.060
202209 16.467 115.339 16.605
202212 16.455 115.116 16.625
202303 16.472 115.116 16.642
202306 16.590 114.558 16.843
202309 16.653 115.339 16.792
202312 16.827 114.781 17.050
202403 16.862 115.227 17.019
202406 16.937 114.781 17.162
202409 17.117 115.785 17.194
202412 17.393 114.893 17.607
202503 17.582 115.116 17.763
202506 17.644 114.907 17.858
202509 17.808 115.471 17.936
202512 17.744 115.832 17.816
202603 18.033 116.303 18.033

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 1.70 mean?
China Shipbuilding Industry Group Power Co (SHSE:600482) has a Cyclically Adjusted PB Ratio of 1.70 as of Aug. 06, 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 China Shipbuilding Industry Group Power Co and its competitors. This is near median its historical median of 1.74. Over the past decade, China Shipbuilding Industry Group Power Co's Cyclically Adjusted PB Ratio has ranged from 1.15 to 8.61. According to the industry distribution chart, China Shipbuilding Industry Group Power Co ranks #967 out of 2254 companies in the Industrial Products industry, placing it in the top 42.9%.
Is China Shipbuilding Industry Group Power Co's Cyclically Adjusted PB Ratio too high?
China Shipbuilding Industry Group Power Co's current Cyclically Adjusted PB Ratio of 1.70 is near median its 10-year median of 1.74. Over the past 10 years, this metric has ranged from a low of 1.15 to a high of 8.61. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.07. China Shipbuilding Industry Group Power Co's value of 1.70 is 17.7% below this industry median. Based on the distribution chart, China Shipbuilding Industry Group Power Co ranks #967 out of 2254 companies in the Industrial Products industry, which is above the industry midpoint. Overall, China Shipbuilding Industry Group Power Co has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does China Shipbuilding Industry Group Power Co's Cyclically Adjusted PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, China Shipbuilding Industry Group Power Co ranks #967 out of 2254 companies for Cyclically Adjusted PB Ratio. This puts China Shipbuilding Industry Group Power Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.07. China Shipbuilding Industry Group Power Co's value of 1.70 is 17.7% below this benchmark. Historically, China Shipbuilding Industry Group Power Co's own Cyclically Adjusted PB Ratio has ranged from 1.15 to 8.61 over the past decade. While the company's 10-year median is 1.74 vs. the industry median of 2.07, China Shipbuilding Industry Group Power Co has consistently been below 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 2.07, based on 2,254 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. China Shipbuilding Industry Group Power Co's current Cyclically Adjusted PB Ratio of 1.70 is 17.7% below 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 China Shipbuilding Industry Group Power Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Shipbuilding Industry Group Power Co's current Cyclically Adjusted PB Ratio is 1.70, which is near median its own 10-year median of 1.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Shipbuilding Industry Group Power Co stock overvalued right now?
Based on GuruFocus' analysis, China Shipbuilding Industry Group Power Co (SHSE:600482) is currently considered Fairly Valued. The stock's GF Value™ is ¥27.10, compared to a current price of ¥29.02 — trading 7.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.70, which is near median its 10-year median of 1.74 and 17.7% below the Industrial Products industry median of 2.07. China Shipbuilding Industry Group Power Co's overall GF Score™ is 88/100 with 3 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 China Shipbuilding Industry Group Power Co (SHSE:600482), the current Cyclically Adjusted PB Ratio is 1.70 as of Aug. 06, 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 China Shipbuilding Industry Group Power Co (SHSE:600482) Overvalued in 2026?

Based on GuruFocus' analysis, China Shipbuilding Industry Group Power Co stock appears to be overvalued. The current stock price of ¥29.02 is trading 7.1% above its estimated GF Value™ of ¥27.10. GuruFocus considers China Shipbuilding Industry Group Power Co to be Fairly Valued.

Key valuation signals for SHSE:600482:

  • Cyclically Adjusted PB Ratio: 1.70 (near median its 10-year median of 1.74)
  • GF Value™: ¥27.10 vs. price of ¥29.02 (7.1% above fair value)
  • GF Score™: 88/100 with 3 warning signs
  • Industry Position: 17.7% below the Industrial Products median (#967 of 2254)

No single metric tells the full story. See the SHSE:600482 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Shipbuilding Industry Group Power Co Business Description

Address Number 8 Fuchang Road, Hebei, Baoding, CHN, 071057
China Shipbuilding Industry Group Power Co Ltd is engaged in manufacturing and supplying power equipment in China and internationally. Its products include diesel engine, gas, steam, heat engine, electric, chemical, marine nuclear, other power equipment, as well as related auxiliary machinery. The company's products are used in automobiles, ships and marine engineering, engineering, machinery, and land-use power plants, as well as petrochemical, civil nuclear power, distributed energy, and other industries.
88GF Score

Get the complete analysis for SHSE:600482

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

¥29.02
Price
¥27.10
GF Value