Fujian Funeng Co (SHSE:600483) Cyclically Adjusted PB Ratio: 1.46 (As of Aug. 29, 2026) — 12% 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:600483 Fujian Funeng Co Ltd SHSE:600483
77 GF Score
Price ¥10.77
GF Value ¥8.30
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Fujian Funeng Co Cyclically Adjusted PB Ratio?

Fujian Funeng Co SHSE:600483 -0.28% 77 Cyclically Adjusted PB Ratio is 1.46 as of Aug. 29, 2026, which is 12% below its 10-year median of 1.65. GuruFocus rates SHSE:600483 with a GF Score™ of 77/100 and a GF Value™ of ¥8.30 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 424 Utilities - Regulated companies, Fujian Funeng Co ranks better than 52.36% on this metric.

As of today (2026-08-29), Fujian Funeng Co's current share price is ¥10.77. Fujian Funeng Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ¥7.40. Fujian Funeng Co's Cyclically Adjusted PB Ratio for today is 1.46.

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

SHSE:600483' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.28   Med: 1.65   Max: 3.39
Current: 1.45

During the past years, Fujian Funeng Co's highest Cyclically Adjusted PB Ratio was 3.39. The lowest was 1.28. And the median was 1.65.

SHSE:600483's Cyclically Adjusted PB Ratio is ranked better than
52.36% of 424 companies
in the Utilities - Regulated industry
Industry Median: 1.53 vs SHSE:600483: 1.45

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.

Fujian Funeng Co's adjusted book value per share data for the three months ended in Jun. 2026 was ¥9.994. 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 ¥7.40 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fujian Funeng Co  (SHSE:600483) 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.


Fujian Funeng Co Cyclically Adjusted PB Ratio Related Terms


Fujian Funeng Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Fujian Funeng 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.

Fujian Funeng Co Cyclically Adjusted PB Ratio Chart

Fujian Funeng 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 2.47 1.44 1.38 1.51 1.32

Fujian Funeng 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 1.41 1.40 1.32 1.42 1.38

SHSE:600483 vs SRE: Cyclically Adjusted PB Ratio Comparison

For the Utilities - Diversified subindustry, Fujian Funeng 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.


Fujian Funeng Co Cyclically Adjusted PB Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Fujian Funeng Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Fujian Funeng Co's Cyclically Adjusted PB Ratio falls into.


SHSE:600483
77GF Score
Fujian Funeng Co Ltd SHSE:600483
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fujian Funeng 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.

Fujian Funeng Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.77/7.40
=1.46

* 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.

Fujian Funeng Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Fujian Funeng 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)
=9.994/116.0564*116.0564
=9.994

Current CPI (Jun. 2026) = 116.0564.

Fujian Funeng Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 4.790 102.400 5.429
201612 4.949 102.600 5.598
201703 5.045 103.200 5.673
201706 4.938 103.100 5.559
201709 5.039 104.100 5.618
201712 5.210 104.500 5.786
201803 5.315 105.300 5.858
201806 5.254 104.900 5.813
201809 5.419 106.600 5.900
201812 5.822 106.500 6.344
201903 5.930 107.700 6.390
201906 5.908 107.700 6.366
201909 6.145 109.800 6.495
201912 6.276 111.200 6.550
202003 6.328 112.300 6.540
202006 6.191 110.400 6.508
202009 6.375 111.700 6.624
202012 6.774 111.500 7.051
202103 7.001 112.662 7.212
202106 6.898 111.769 7.163
202109 6.905 112.215 7.141
202112 7.003 113.108 7.186
202203 7.217 114.335 7.326
202206 7.257 114.558 7.352
202209 7.394 115.339 7.440
202212 7.865 115.116 7.929
202303 8.084 115.116 8.150
202306 7.946 114.558 8.050
202309 8.230 115.339 8.281
202312 8.627 114.781 8.723
202403 8.789 115.227 8.852
202406 8.754 114.781 8.851
202409 8.875 115.785 8.896
202412 9.092 114.893 9.184
202503 9.370 115.116 9.447
202506 9.280 114.907 9.373
202509 9.440 115.471 9.488
202512 9.861 115.832 9.880
202603 10.098 116.303 10.077
202606 9.994 116.056 9.994

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 1.46 mean?
Fujian Funeng Co (SHSE:600483) has a Cyclically Adjusted PB Ratio of 1.46 as of Aug. 29, 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 Fujian Funeng Co and its competitors. This is 12% below median its historical median of 1.65. Over the past decade, Fujian Funeng Co's Cyclically Adjusted PB Ratio has ranged from 1.28 to 3.39. According to the industry distribution chart, Fujian Funeng Co ranks #202 out of 424 companies in the Utilities - Regulated industry, placing it in the top 47.6%.
Is Fujian Funeng Co's Cyclically Adjusted PB Ratio too high?
Fujian Funeng Co's current Cyclically Adjusted PB Ratio of 1.46 is 12% below median its 10-year median of 1.65. Over the past 10 years, this metric has ranged from a low of 1.28 to a high of 3.39. The Utilities - Regulated industry median Cyclically Adjusted PB Ratio is 1.53. Fujian Funeng Co's value of 1.46 is 4.6% below this industry median. Based on the distribution chart, Fujian Funeng Co ranks #202 out of 424 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Fujian Funeng Co has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fujian Funeng Co's Cyclically Adjusted PB Ratio compare to SRE?
According to the Utilities - Regulated industry distribution chart, Fujian Funeng Co ranks #202 out of 424 companies for Cyclically Adjusted PB Ratio. This puts Fujian Funeng Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.53. Fujian Funeng Co's value of 1.46 is 4.6% below this benchmark. Historically, Fujian Funeng Co's own Cyclically Adjusted PB Ratio has ranged from 1.28 to 3.39 over the past decade. While the company's 10-year median is 1.65 vs. the industry median of 1.53, Fujian Funeng 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 Utilities - Regulated company?
The median Cyclically Adjusted PB Ratio among Utilities - Regulated companies is 1.53, based on 424 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. Fujian Funeng Co's current Cyclically Adjusted PB Ratio of 1.46 is 4.6% 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 Fujian Funeng Co and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PB Ratio is 1.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fujian Funeng Co's current Cyclically Adjusted PB Ratio is 1.46, which is 12% below 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 Fujian Funeng Co stock overvalued right now?
Based on GuruFocus' analysis, Fujian Funeng Co (SHSE:600483) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥8.30, compared to a current price of ¥10.77 — trading 29.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.46, which is 12% below median its 10-year median of 1.65 and 4.6% below the Utilities - Regulated industry median of 1.53. Fujian Funeng Co's overall GF Score™ is 77/100 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 Fujian Funeng Co (SHSE:600483), the current Cyclically Adjusted PB Ratio is 1.46 as of Aug. 29, 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 Fujian Funeng Co (SHSE:600483) Overvalued in 2026?

Based on GuruFocus' analysis, Fujian Funeng Co stock appears to be overvalued. The current stock price of ¥10.77 is trading 29.8% above its estimated GF Value™ of ¥8.30. GuruFocus considers Fujian Funeng Co to be Modestly Overvalued.

Key valuation signals for SHSE:600483:

  • Cyclically Adjusted PB Ratio: 1.46 (12% below median its 10-year median of 1.65)
  • GF Value™: ¥8.30 vs. price of ¥10.77 (29.8% above fair value)
  • GF Score™: 77/100 with 6 warning signs
  • Industry Position: 4.6% below the Utilities - Regulated median (#202 of 424)

No single metric tells the full story. See the SHSE:600483 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fujian Funeng Co Business Description

Address Anfeng Bridge, Fujian Province, Nanping, CHN, 350001
Fujian Funeng Co Ltd is engaged in the production & supply of electricity, heat, gas and water. It projects include thermal power project, wind power project & gas power project.
77GF Score

Get the complete analysis for SHSE:600483

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

¥10.77
Price
¥8.30
GF Value