Anhui Construction Engineering Group (SHSE:600502) Cyclically Adjusted PB Ratio: 0.68 (As of Aug. 25, 2026) — 47% Below Median

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SHSE:600502 Anhui Construction Engineering Group Corp Ltd SHSE:600502
66 GF Score
Price ¥4.52
GF Value ¥4.13
Valuation Fairly Valued
! 7 Warning Signs
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What is Anhui Construction Engineering Group Cyclically Adjusted PB Ratio?

Anhui Construction Engineering Group SHSE:600502 +1.35% 66 Cyclically Adjusted PB Ratio is 0.68 as of Aug. 25, 2026, which is 47% below its 10-year median of 1.28. GuruFocus rates SHSE:600502 with a GF Score™ of 66/100 and a GF Value™ of ¥4.13 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,269 Construction companies, Anhui Construction Engineering Group ranks better than 69.42% on this metric.

As of today (2026-08-25), Anhui Construction Engineering Group's current share price is ¥4.52. Anhui Construction Engineering Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ¥6.63. Anhui Construction Engineering Group's Cyclically Adjusted PB Ratio for today is 0.68.

The historical rank and industry rank for Anhui Construction Engineering Group's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:600502' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.66   Med: 1.28   Max: 6.98
Current: 0.67

During the past years, Anhui Construction Engineering Group's highest Cyclically Adjusted PB Ratio was 6.98. The lowest was 0.66. And the median was 1.28.

SHSE:600502's Cyclically Adjusted PB Ratio is ranked better than
69.42% of 1269 companies
in the Construction industry
Industry Median: 1.13 vs SHSE:600502: 0.67

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.

Anhui Construction Engineering Group's adjusted book value per share data for the three months ended in Mar. 2026 was ¥12.351. 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 ¥6.63 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Anhui Construction Engineering Group  (SHSE:600502) 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.


Anhui Construction Engineering Group Cyclically Adjusted PB Ratio Related Terms


Anhui Construction Engineering Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Anhui Construction Engineering Group'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.

Anhui Construction Engineering Group Cyclically Adjusted PB Ratio Chart

Anhui Construction Engineering Group 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 1.11 1.09 0.94 0.86 0.74

Anhui Construction Engineering Group 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 0.83 0.79 0.74 0.74 0.85

SHSE:600502 vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, Anhui Construction Engineering Group'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.


Anhui Construction Engineering Group Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Anhui Construction Engineering Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Anhui Construction Engineering Group's Cyclically Adjusted PB Ratio falls into.


SHSE:600502
66GF Score
Anhui Construction Engineering Group Corp Ltd SHSE:600502
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Anhui Construction Engineering Group 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.

Anhui Construction Engineering Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.52/6.63
=0.68

* 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.

Anhui Construction Engineering Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Anhui Construction Engineering Group'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)
=12.351/116.3033*116.3033
=12.351

Current CPI (Mar. 2026) = 116.3033.

Anhui Construction Engineering Group Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.452 101.400 2.812
201609 2.720 102.400 3.089
201612 4.848 102.600 5.496
201703 3.403 103.200 3.835
201706 3.562 103.100 4.018
201709 4.027 104.100 4.499
201712 4.505 104.500 5.014
201803 4.708 105.300 5.200
201806 4.783 104.900 5.303
201809 4.875 106.600 5.319
201812 5.234 106.500 5.716
201903 5.301 107.700 5.724
201906 5.365 107.700 5.794
201909 5.266 109.800 5.578
201912 4.918 111.200 5.144
202003 4.929 112.300 5.105
202006 5.131 110.400 5.405
202009 5.499 111.700 5.726
202012 5.907 111.500 6.161
202103 6.113 112.662 6.311
202106 6.163 111.769 6.413
202109 6.111 112.215 6.334
202112 6.500 113.108 6.684
202203 6.734 114.335 6.850
202206 6.768 114.558 6.871
202209 7.500 115.339 7.563
202212 7.606 115.116 7.684
202303 7.602 115.116 7.680
202306 7.437 114.558 7.550
202309 7.360 115.339 7.422
202312 7.263 114.781 7.359
202403 7.418 115.227 7.487
202406 8.203 114.781 8.312
202409 8.114 115.785 8.150
202412 9.000 114.893 9.111
202503 9.739 115.116 9.839
202506 9.286 114.907 9.399
202509 9.699 115.471 9.769
202512 11.128 115.832 11.173
202603 12.351 116.303 12.351

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 0.68 mean?
Anhui Construction Engineering Group (SHSE:600502) has a Cyclically Adjusted PB Ratio of 0.68 as of Aug. 25, 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 Anhui Construction Engineering Group and its competitors. This is 47% below median its historical median of 1.28. Over the past decade, Anhui Construction Engineering Group's Cyclically Adjusted PB Ratio has ranged from 0.66 to 6.98. According to the industry distribution chart, Anhui Construction Engineering Group ranks #388 out of 1269 companies in the Construction industry, placing it in the top 30.6%.
Is Anhui Construction Engineering Group's Cyclically Adjusted PB Ratio too high?
Anhui Construction Engineering Group's current Cyclically Adjusted PB Ratio of 0.68 is 47% below median its 10-year median of 1.28. Over the past 10 years, this metric has ranged from a low of 0.66 to a high of 6.98. The Construction industry median Cyclically Adjusted PB Ratio is 1.13. Anhui Construction Engineering Group's value of 0.68 is 39.8% below this industry median. Based on the distribution chart, Anhui Construction Engineering Group ranks #388 out of 1269 companies in the Construction industry, which is above the industry midpoint. Overall, Anhui Construction Engineering Group has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Anhui Construction Engineering Group's Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Anhui Construction Engineering Group ranks #388 out of 1269 companies for Cyclically Adjusted PB Ratio. This puts Anhui Construction Engineering Group in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.13. Anhui Construction Engineering Group's value of 0.68 is 39.8% below this benchmark. Historically, Anhui Construction Engineering Group's own Cyclically Adjusted PB Ratio has ranged from 0.66 to 6.98 over the past decade. While the company's 10-year median is 1.28 vs. the industry median of 1.13, Anhui Construction Engineering Group 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 a Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.13, based on 1,269 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. Anhui Construction Engineering Group's current Cyclically Adjusted PB Ratio of 0.68 is 39.8% 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 Anhui Construction Engineering Group and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Anhui Construction Engineering Group's current Cyclically Adjusted PB Ratio is 0.68, which is 47% below median its own 10-year median of 1.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anhui Construction Engineering Group stock overvalued right now?
Based on GuruFocus' analysis, Anhui Construction Engineering Group (SHSE:600502) is currently considered Fairly Valued. The stock's GF Value™ is ¥4.13, compared to a current price of ¥4.52 — trading 9.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.68, which is 47% below median its 10-year median of 1.28 and 39.8% below the Construction industry median of 1.13. Anhui Construction Engineering Group's overall GF Score™ is 66/100 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 Anhui Construction Engineering Group (SHSE:600502), the current Cyclically Adjusted PB Ratio is 0.68 as of Aug. 25, 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 Anhui Construction Engineering Group (SHSE:600502) Overvalued in 2026?

Based on GuruFocus' analysis, Anhui Construction Engineering Group stock appears to be overvalued. The current stock price of ¥4.52 is trading 9.4% above its estimated GF Value™ of ¥4.13. GuruFocus considers Anhui Construction Engineering Group to be Fairly Valued.

Key valuation signals for SHSE:600502:

  • Cyclically Adjusted PB Ratio: 0.68 (47% below median its 10-year median of 1.28)
  • GF Value™: ¥4.13 vs. price of ¥4.52 (9.4% above fair value)
  • GF Score™: 66/100 with 7 warning signs
  • Industry Position: 39.8% below the Construction median (#388 of 1269)

No single metric tells the full story. See the SHSE:600502 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Anhui Construction Engineering Group Business Description

Address No. 5183 Donghai Avenue, Anhui Province, Bangbu, CHN, 233010
Anhui Construction Engineering Group Corp Ltd is engaged in the construction of water conservancy and hydropower engineering construction, highway engineering construction, municipal and public works construction, port and waterway engineering construction, electromechanical engineering construction; highway subgrade engineering, highway pavement engineering, and bridge engineering.
66GF Score

Get the complete analysis for SHSE:600502

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

¥4.52
Price
¥4.13
GF Value