Fangda Carbon New Material Co (SHSE:600516) Cyclically Adjusted PB Ratio: 1.41 (As of Aug. 18, 2026) — 55% Below Median

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SHSE:600516 Fangda Carbon New Material Co Ltd SHSE:600516
69 GF Score
Price ¥5.23
GF Value ¥5.84
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Fangda Carbon New Material Co Cyclically Adjusted PB Ratio?

Fangda Carbon New Material Co SHSE:600516 -0.38% 69 Cyclically Adjusted PB Ratio is 1.41 as of Aug. 18, 2026, which is 55% below its 10-year median of 3.12. GuruFocus rates SHSE:600516 with a GF Score™ of 69/100 and a GF Value™ of ¥5.84 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,962 Hardware companies, Fangda Carbon New Material Co ranks better than 61.06% on this metric.

As of today (2026-08-18), Fangda Carbon New Material Co's current share price is ¥5.23. Fangda Carbon New Material Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ¥3.70. Fangda Carbon New Material Co's Cyclically Adjusted PB Ratio for today is 1.41.

The historical rank and industry rank for Fangda Carbon New Material Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:600516' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.18   Med: 3.12   Max: 13.22
Current: 1.43

During the past years, Fangda Carbon New Material Co's highest Cyclically Adjusted PB Ratio was 13.22. The lowest was 1.18. And the median was 3.12.

SHSE:600516's Cyclically Adjusted PB Ratio is ranked better than
61.06% of 1962 companies
in the Hardware industry
Industry Median: 2.115 vs SHSE:600516: 1.43

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 Carbon New Material Co's adjusted book value per share data for the three months ended in Mar. 2026 was ¥4.058. 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 ¥3.70 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fangda Carbon New Material Co  (SHSE:600516) 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 Carbon New Material Co Cyclically Adjusted PB Ratio Related Terms


Fangda Carbon New Material Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Fangda Carbon New Material 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 Carbon New Material Co Cyclically Adjusted PB Ratio Chart

Fangda Carbon New Material 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 4.17 2.11 1.67 1.43 1.57

Fangda Carbon New Material 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 1.44 1.33 1.47 1.57 1.54

SHSE:600516 vs APH, GLW, TEL: Cyclically Adjusted PB Ratio Comparison

For the Electronic Components subindustry, Fangda Carbon New Material 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 Carbon New Material Co Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Fangda Carbon New Material Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Fangda Carbon New Material Co's Cyclically Adjusted PB Ratio falls into.


SHSE:600516
69GF Score
Fangda Carbon New Material Co Ltd SHSE:600516
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Fangda Carbon New Material 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 Carbon New Material Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.23/3.70
=1.41

* 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 Carbon New Material Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Fangda Carbon New Material 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)
=4.058/116.3033*116.3033
=4.058

Current CPI (Mar. 2026) = 116.3033.

Fangda Carbon New Material Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.614 101.400 1.851
201609 1.632 102.400 1.854
201612 1.627 102.600 1.844
201703 1.649 103.200 1.858
201706 1.734 103.100 1.956
201709 2.211 104.100 2.470
201712 2.600 104.500 2.894
201803 3.135 105.300 3.463
201806 2.627 104.900 2.913
201809 3.017 106.600 3.292
201812 3.361 106.500 3.670
201903 3.554 107.700 3.838
201906 3.763 107.700 4.064
201909 3.912 109.800 4.144
201912 3.950 111.200 4.131
202003 3.971 112.300 4.113
202006 4.004 110.400 4.218
202009 4.057 111.700 4.224
202012 4.095 111.500 4.271
202103 4.132 112.662 4.266
202106 3.726 111.769 3.877
202109 3.820 112.215 3.959
202112 3.879 113.108 3.989
202203 3.888 114.335 3.955
202206 3.977 114.558 4.038
202209 4.010 115.339 4.044
202212 4.121 115.116 4.164
202303 4.260 115.116 4.304
202306 4.287 114.558 4.352
202309 4.299 115.339 4.335
202312 4.241 114.781 4.297
202403 4.280 115.227 4.320
202406 4.277 114.781 4.334
202409 4.237 115.785 4.256
202412 4.016 114.893 4.065
202503 4.017 115.116 4.058
202506 4.027 114.907 4.076
202509 4.022 115.471 4.051
202512 4.003 115.832 4.019
202603 4.058 116.303 4.058

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 1.41 mean?
Fangda Carbon New Material Co (SHSE:600516) has a Cyclically Adjusted PB Ratio of 1.41 as of Aug. 18, 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 Carbon New Material Co and its competitors. This is 55% below median its historical median of 3.12. Over the past decade, Fangda Carbon New Material Co's Cyclically Adjusted PB Ratio has ranged from 1.18 to 13.22. According to the industry distribution chart, Fangda Carbon New Material Co ranks #764 out of 1962 companies in the Hardware industry, placing it in the top 38.9%.
Is Fangda Carbon New Material Co's Cyclically Adjusted PB Ratio too high?
Fangda Carbon New Material Co's current Cyclically Adjusted PB Ratio of 1.41 is 55% below median its 10-year median of 3.12. Over the past 10 years, this metric has ranged from a low of 1.18 to a high of 13.22. The Hardware industry median Cyclically Adjusted PB Ratio is 2.12. Fangda Carbon New Material Co's value of 1.41 is 33.3% below this industry median. Based on the distribution chart, Fangda Carbon New Material Co ranks #764 out of 1962 companies in the Hardware industry, which is above the industry midpoint. Overall, Fangda Carbon New Material Co has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fangda Carbon New Material Co's Cyclically Adjusted PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Fangda Carbon New Material Co ranks #764 out of 1962 companies for Cyclically Adjusted PB Ratio. This puts Fangda Carbon New Material Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.12. Fangda Carbon New Material Co's value of 1.41 is 33.3% below this benchmark. Historically, Fangda Carbon New Material Co's own Cyclically Adjusted PB Ratio has ranged from 1.18 to 13.22 over the past decade. While the company's 10-year median is 3.12 vs. the industry median of 2.12, Fangda Carbon New Material 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 a Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.12, based on 1,962 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 Carbon New Material Co's current Cyclically Adjusted PB Ratio of 1.41 is 33.3% 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 Fangda Carbon New Material Co and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fangda Carbon New Material Co's current Cyclically Adjusted PB Ratio is 1.41, which is 55% below median its own 10-year median of 3.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fangda Carbon New Material Co stock overvalued right now?
Based on GuruFocus' analysis, Fangda Carbon New Material Co (SHSE:600516) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥5.84, compared to a current price of ¥5.23 — trading 10.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.41, which is 55% below median its 10-year median of 3.12 and 33.3% below the Hardware industry median of 2.12. Fangda Carbon New Material Co's overall GF Score™ is 69/100 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 Fangda Carbon New Material Co (SHSE:600516), the current Cyclically Adjusted PB Ratio is 1.41 as of Aug. 18, 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 Carbon New Material Co (SHSE:600516) Overvalued in 2026?

Based on GuruFocus' analysis, Fangda Carbon New Material Co stock appears to be undervalued. The current stock price of ¥5.23 is trading 10.4% below its estimated GF Value™ of ¥5.84. GuruFocus considers Fangda Carbon New Material Co to be Modestly Undervalued.

Key valuation signals for SHSE:600516:

  • Cyclically Adjusted PB Ratio: 1.41 (55% below median its 10-year median of 3.12)
  • GF Value™: ¥5.84 vs. price of ¥5.23 (10.4% below fair value)
  • GF Score™: 69/100 with 6 warning signs
  • Industry Position: 33.3% below the Hardware median (#764 of 1962)

No single metric tells the full story. See the SHSE:600516 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fangda Carbon New Material Co Business Description

Address No. 11 Tansu Road, Haishiwan Town, Honggu District, Gansu Province, Lanzhou, CHN, 730084
Fangda Carbon New Material Co Ltd is a China-based company engaged in the production and sales of graphite and carbon products. Its main products include ultra-high power, high power and common power graphite electrodes, microporous carbon bricks, semi-graphite carbon bricks, aluminum carbon bricks, isostatic graphite products, special graphite products, biological carbon products and carbon composite materials, among others.
69GF Score

Get the complete analysis for SHSE:600516

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

¥5.23
Price
¥5.84
GF Value