Fangda Special Steel Technology Co (SHSE:600507) Cyclically Adjusted PB Ratio: 1.24 (As of Aug. 23, 2026) — 62% 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:600507 Fangda Special Steel Technology Co Ltd SHSE:600507
63 GF Score
Price ¥4.20
GF Value ¥4.42
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Fangda Special Steel Technology Co Cyclically Adjusted PB Ratio?

Fangda Special Steel Technology Co SHSE:600507 +0.72% 63 Cyclically Adjusted PB Ratio is 1.24 as of Aug. 23, 2026, which is 62% below its 10-year median of 3.25. GuruFocus rates SHSE:600507 with a GF Score™ of 63/100 and a GF Value™ of ¥4.42 (Fairly Valued). The stock has 5 warning signs investors should review. Among 447 Steel companies, Fangda Special Steel Technology Co ranks worse than 65.1% on this metric.

As of today (2026-08-23), Fangda Special Steel Technology Co's current share price is ¥4.20. Fangda Special Steel Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ¥3.38. Fangda Special Steel Technology Co's Cyclically Adjusted PB Ratio for today is 1.24.

The historical rank and industry rank for Fangda Special Steel Technology Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:600507' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.17   Med: 3.25   Max: 9.36
Current: 1.23

During the past years, Fangda Special Steel Technology Co's highest Cyclically Adjusted PB Ratio was 9.36. The lowest was 1.17. And the median was 3.25.

SHSE:600507's Cyclically Adjusted PB Ratio is ranked worse than
65.1% of 447 companies
in the Steel industry
Industry Median: 0.82 vs SHSE:600507: 1.23

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.

Fangda Special Steel Technology Co's adjusted book value per share data for the three months ended in Mar. 2026 was ¥4.437. 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 ¥3.38 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fangda Special Steel Technology Co  (SHSE:600507) 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.


Fangda Special Steel Technology Co Cyclically Adjusted PB Ratio Related Terms


Fangda Special Steel Technology Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Fangda Special Steel Technology 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.

Fangda Special Steel Technology Co Cyclically Adjusted PB Ratio Chart

Fangda Special Steel Technology 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 3.41 2.40 1.69 1.37 1.79

Fangda Special Steel Technology 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 1.38 1.40 1.70 1.79 1.69

SHSE:600507 vs NUE, STLD, RS: Cyclically Adjusted PB Ratio Comparison

For the Steel subindustry, Fangda Special Steel Technology 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.


Fangda Special Steel Technology Co Cyclically Adjusted PB Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Fangda Special Steel Technology Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Fangda Special Steel Technology Co's Cyclically Adjusted PB Ratio falls into.


SHSE:600507
63GF Score
Fangda Special Steel Technology Co Ltd SHSE:600507
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fangda Special Steel Technology 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.

Fangda Special Steel Technology Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.20/3.38
=1.24

* 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.

Fangda Special Steel Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Fangda Special Steel Technology 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)
=4.437/116.3033*116.3033
=4.437

Current CPI (Mar. 2026) = 116.3033.

Fangda Special Steel Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.135 101.400 1.302
201609 1.239 102.400 1.407
201612 1.341 102.600 1.520
201703 1.485 103.200 1.674
201706 1.529 103.100 1.725
201709 1.951 104.100 2.180
201712 2.465 104.500 2.743
201803 1.531 105.300 1.691
201806 1.936 104.900 2.146
201809 2.462 106.600 2.686
201812 3.056 106.500 3.337
201903 2.211 107.700 2.388
201906 2.708 107.700 2.924
201909 2.849 109.800 3.018
201912 3.033 111.200 3.172
202003 3.201 112.300 3.315
202006 3.598 110.400 3.790
202009 3.914 111.700 4.075
202012 4.218 111.500 4.400
202103 4.475 112.662 4.620
202106 3.804 111.769 3.958
202109 4.112 112.215 4.262
202112 4.391 113.108 4.515
202203 4.290 114.335 4.364
202206 3.345 114.558 3.396
202209 3.419 115.339 3.448
202212 3.785 115.116 3.824
202303 3.674 115.116 3.712
202306 3.728 114.558 3.785
202309 3.858 115.339 3.890
202312 3.955 114.781 4.007
202403 3.997 115.227 4.034
202406 4.037 114.781 4.091
202409 4.040 115.785 4.058
202412 4.019 114.893 4.068
202503 4.129 115.116 4.172
202506 4.166 114.907 4.217
202509 4.334 115.471 4.365
202512 4.389 115.832 4.407
202603 4.437 116.303 4.437

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 1.24 mean?
Fangda Special Steel Technology Co (SHSE:600507) has a Cyclically Adjusted PB Ratio of 1.24 as of Aug. 23, 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 Fangda Special Steel Technology Co and its competitors. This is 62% below median its historical median of 3.25. Over the past decade, Fangda Special Steel Technology Co's Cyclically Adjusted PB Ratio has ranged from 1.17 to 9.36. According to the industry distribution chart, Fangda Special Steel Technology Co ranks #291 out of 447 companies in the Steel industry, placing it in the top 65.1%.
Is Fangda Special Steel Technology Co's Cyclically Adjusted PB Ratio too high?
Fangda Special Steel Technology Co's current Cyclically Adjusted PB Ratio of 1.24 is 62% below median its 10-year median of 3.25. Over the past 10 years, this metric has ranged from a low of 1.17 to a high of 9.36. The Steel industry median Cyclically Adjusted PB Ratio is 0.82. Fangda Special Steel Technology Co's value of 1.24 is 51.2% above this industry median. Based on the distribution chart, Fangda Special Steel Technology Co ranks #291 out of 447 companies in the Steel industry, which is below the industry midpoint. Overall, Fangda Special Steel Technology Co has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fangda Special Steel Technology Co's Cyclically Adjusted PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Fangda Special Steel Technology Co ranks #291 out of 447 companies for Cyclically Adjusted PB Ratio. This places Fangda Special Steel Technology Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.82. Fangda Special Steel Technology Co's value of 1.24 is 51.2% above this benchmark. Historically, Fangda Special Steel Technology Co's own Cyclically Adjusted PB Ratio has ranged from 1.17 to 9.36 over the past decade. While the company's 10-year median is 3.25 vs. the industry median of 0.82, Fangda Special Steel Technology 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 a Steel company?
The median Cyclically Adjusted PB Ratio among Steel companies is 0.82, based on 447 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. Fangda Special Steel Technology Co's current Cyclically Adjusted PB Ratio of 1.24 is 51.2% 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 Fangda Special Steel Technology Co and its competitors. For the Steel industry, the median Cyclically Adjusted PB Ratio is 0.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fangda Special Steel Technology Co's current Cyclically Adjusted PB Ratio is 1.24, which is 62% below median its own 10-year median of 3.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fangda Special Steel Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Fangda Special Steel Technology Co (SHSE:600507) is currently considered Fairly Valued. The stock's GF Value™ is ¥4.42, compared to a current price of ¥4.20 — trading 5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.24, which is 62% below median its 10-year median of 3.25 and 51.2% above the Steel industry median of 0.82. Fangda Special Steel Technology Co's overall GF Score™ is 63/100 with 5 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 Fangda Special Steel Technology Co (SHSE:600507), the current Cyclically Adjusted PB Ratio is 1.24 as of Aug. 23, 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 Fangda Special Steel Technology Co (SHSE:600507) Overvalued in 2026?

Based on GuruFocus' analysis, Fangda Special Steel Technology Co stock appears to be undervalued. The current stock price of ¥4.20 is trading 5% below its estimated GF Value™ of ¥4.42. GuruFocus considers Fangda Special Steel Technology Co to be Fairly Valued.

Key valuation signals for SHSE:600507:

  • Cyclically Adjusted PB Ratio: 1.24 (62% below median its 10-year median of 3.25)
  • GF Value™: ¥4.42 vs. price of ¥4.20 (5% below fair value)
  • GF Score™: 63/100 with 5 warning signs
  • Industry Position: 51.2% above the Steel median (#291 of 447)

No single metric tells the full story. See the SHSE:600507 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fangda Special Steel Technology Co Business Description

Address No. 475 Yanjin Avenue, Qingshanhu District, Nanchang, Jiangxi, CHN, 330012
Fangda Special Steel Technology Co Ltd is mainly engaged in the production and distribution of iron and steel products. It is also involved in processing coke crafts, sintering, smelting iron, steel-making, and steel rolling. The company's products include the automotive leaf springs, deformed steel bars, spring flat steels, round springs, shock absorbers, spring special equipment, auto parts, and molds.
63GF Score

Get the complete analysis for SHSE:600507

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

¥4.20
Price
¥4.42
GF Value