Sichuan Xichang Electric Power Co (SHSE:600505) Cyclically Adjusted PB Ratio: 3.18 (As of Aug. 26, 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:600505 Sichuan Xichang Electric Power Co Ltd SHSE:600505
60 GF Score
Price ¥10.63
GF Value ¥11.29
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Sichuan Xichang Electric Power Co Cyclically Adjusted PB Ratio?

Sichuan Xichang Electric Power Co SHSE:600505 -0.09% 60 Cyclically Adjusted PB Ratio is 3.18 as of Aug. 26, 2026, which is 7% above its 10-year median of 2.96. GuruFocus rates SHSE:600505 with a GF Score™ of 60/100 and a GF Value™ of ¥11.29 (Fairly Valued). The stock has 7 warning signs investors should review. Among 425 Utilities - Regulated companies, Sichuan Xichang Electric Power Co ranks worse than 87.06% on this metric.

As of today (2026-08-26), Sichuan Xichang Electric Power Co's current share price is ¥10.63. Sichuan Xichang Electric Power Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ¥3.34. Sichuan Xichang Electric Power Co's Cyclically Adjusted PB Ratio for today is 3.18.

The historical rank and industry rank for Sichuan Xichang Electric Power Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:600505' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.61   Med: 2.96   Max: 6.2
Current: 3.12

During the past years, Sichuan Xichang Electric Power Co's highest Cyclically Adjusted PB Ratio was 6.20. The lowest was 1.61. And the median was 2.96.

SHSE:600505's Cyclically Adjusted PB Ratio is ranked worse than
87.06% of 425 companies
in the Utilities - Regulated industry
Industry Median: 1.52 vs SHSE:600505: 3.12

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.

Sichuan Xichang Electric Power Co's adjusted book value per share data for the three months ended in Jun. 2026 was ¥3.371. 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 ¥3.34 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sichuan Xichang Electric Power Co  (SHSE:600505) 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.


Sichuan Xichang Electric Power Co Cyclically Adjusted PB Ratio Related Terms


Sichuan Xichang Electric Power Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Sichuan Xichang Electric 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.

Sichuan Xichang Electric Power Co Cyclically Adjusted PB Ratio Chart

Sichuan Xichang Electric 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 3.47 2.46 2.64 3.71 3.94

Sichuan Xichang Electric Power 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 4.29 3.90 3.94 4.06 3.20

SHSE:600505 vs NEE, SO, DUK: Cyclically Adjusted PB Ratio Comparison

For the Utilities - Regulated Electric subindustry, Sichuan Xichang Electric 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.


Sichuan Xichang Electric Power Co Cyclically Adjusted PB Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Sichuan Xichang Electric Power Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Sichuan Xichang Electric Power Co's Cyclically Adjusted PB Ratio falls into.


SHSE:600505
60GF Score
Sichuan Xichang Electric Power Co Ltd SHSE:600505
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sichuan Xichang Electric 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.

Sichuan Xichang Electric Power Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.63/3.34
=3.18

* 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.

Sichuan Xichang Electric Power Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Sichuan Xichang Electric Power 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)
=3.371/116.0564*116.0564
=3.371

Current CPI (Jun. 2026) = 116.0564.

Sichuan Xichang Electric Power Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 2.794 102.400 3.167
201612 2.828 102.600 3.199
201703 2.857 103.200 3.213
201706 2.821 103.100 3.176
201709 2.943 104.100 3.281
201712 2.914 104.500 3.236
201803 2.917 105.300 3.215
201806 2.891 104.900 3.198
201809 3.010 106.600 3.277
201812 3.169 106.500 3.453
201903 3.057 107.700 3.294
201906 3.106 107.700 3.347
201909 3.233 109.800 3.417
201912 3.235 111.200 3.376
202003 3.195 112.300 3.302
202006 3.110 110.400 3.269
202009 3.277 111.700 3.405
202012 3.277 111.500 3.411
202103 3.282 112.662 3.381
202106 3.239 111.769 3.363
202109 3.360 112.215 3.475
202112 3.367 113.108 3.455
202203 3.306 114.335 3.356
202206 3.360 114.558 3.404
202209 3.433 115.339 3.454
202212 3.474 115.116 3.502
202303 3.385 115.116 3.413
202306 3.258 114.558 3.301
202309 3.363 115.339 3.384
202312 3.325 114.781 3.362
202403 3.291 115.227 3.315
202406 3.247 114.781 3.283
202409 3.335 115.785 3.343
202412 3.326 114.893 3.360
202503 3.333 115.116 3.360
202506 3.322 114.907 3.355
202509 3.346 115.471 3.363
202512 3.351 115.832 3.357
202603 3.361 116.303 3.354
202606 3.371 116.056 3.371

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 3.18 mean?
Sichuan Xichang Electric Power Co (SHSE:600505) has a Cyclically Adjusted PB Ratio of 3.18 as of Aug. 26, 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 Sichuan Xichang Electric Power Co and its competitors. This is near median its historical median of 2.96. Over the past decade, Sichuan Xichang Electric Power Co's Cyclically Adjusted PB Ratio has ranged from 1.61 to 6.20. According to the industry distribution chart, Sichuan Xichang Electric Power Co ranks #370 out of 425 companies in the Utilities - Regulated industry, placing it in the top 87.1%.
Is Sichuan Xichang Electric Power Co's Cyclically Adjusted PB Ratio too high?
Sichuan Xichang Electric Power Co's current Cyclically Adjusted PB Ratio of 3.18 is near median its 10-year median of 2.96. Over the past 10 years, this metric has ranged from a low of 1.61 to a high of 6.20. The Utilities - Regulated industry median Cyclically Adjusted PB Ratio is 1.52. Sichuan Xichang Electric Power Co's value of 3.18 is 109.2% above this industry median. Based on the distribution chart, Sichuan Xichang Electric Power Co ranks #370 out of 425 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Sichuan Xichang Electric Power Co has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sichuan Xichang Electric Power Co's Cyclically Adjusted PB Ratio compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Sichuan Xichang Electric Power Co ranks #370 out of 425 companies for Cyclically Adjusted PB Ratio. This places Sichuan Xichang Electric Power Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.52. Sichuan Xichang Electric Power Co's value of 3.18 is 109.2% above this benchmark. Historically, Sichuan Xichang Electric Power Co's own Cyclically Adjusted PB Ratio has ranged from 1.61 to 6.20 over the past decade. While the company's 10-year median is 2.96 vs. the industry median of 1.52, Sichuan Xichang Electric Power Co 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 an Utilities - Regulated company?
The median Cyclically Adjusted PB Ratio among Utilities - Regulated companies is 1.52, based on 425 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. Sichuan Xichang Electric Power Co's current Cyclically Adjusted PB Ratio of 3.18 is 109.2% 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 Sichuan Xichang Electric Power Co and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PB Ratio is 1.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sichuan Xichang Electric Power Co's current Cyclically Adjusted PB Ratio is 3.18, which is near median its own 10-year median of 2.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sichuan Xichang Electric Power Co stock overvalued right now?
Based on GuruFocus' analysis, Sichuan Xichang Electric Power Co (SHSE:600505) is currently considered Fairly Valued. The stock's GF Value™ is ¥11.29, compared to a current price of ¥10.63 — trading 5.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.18, which is near median its 10-year median of 2.96 and 109.2% above the Utilities - Regulated industry median of 1.52. Sichuan Xichang Electric Power Co's overall GF Score™ is 60/100 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 Sichuan Xichang Electric Power Co (SHSE:600505), the current Cyclically Adjusted PB Ratio is 3.18 as of Aug. 26, 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 Sichuan Xichang Electric Power Co (SHSE:600505) Overvalued in 2026?

Based on GuruFocus' analysis, Sichuan Xichang Electric Power Co stock appears to be undervalued. The current stock price of ¥10.63 is trading 5.8% below its estimated GF Value™ of ¥11.29. GuruFocus considers Sichuan Xichang Electric Power Co to be Fairly Valued.

Key valuation signals for SHSE:600505:

  • Cyclically Adjusted PB Ratio: 3.18 (near median its 10-year median of 2.96)
  • GF Value™: ¥11.29 vs. price of ¥10.63 (5.8% below fair value)
  • GF Score™: 60/100 with 7 warning signs
  • Industry Position: 109.2% above the Utilities - Regulated median (#370 of 425)

No single metric tells the full story. See the SHSE:600505 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sichuan Xichang Electric Power Co Business Description

Address No. 66 Shengli Road, Xichang, Sichuan, CHN, 615000
Sichuan Xichang Electric Power Co Ltd is engaged in the business of generating electric power. The company has a complete power generation, power supply, distribution, and power sales industry chain. The power generated by the company's own and in-grid hydropower stations is sold to end customers through its own power grid.
60GF Score

Get the complete analysis for SHSE:600505

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

¥10.63
Price
¥11.29
GF Value