Nanjing Chixia Development Co (SHSE:600533) Cyclically Adjusted PB Ratio: 0.55 (As of Aug. 14, 2026) — 34% Below Median

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SHSE:600533 Nanjing Chixia Development Co Ltd SHSE:600533
54 GF Score
Price ¥2.14
GF Value ¥2.59
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Nanjing Chixia Development Co Cyclically Adjusted PB Ratio?

Nanjing Chixia Development Co SHSE:600533 -0.47% 54 Cyclically Adjusted PB Ratio is 0.55 as of Aug. 14, 2026, which is 34% below its 10-year median of 0.83. GuruFocus rates SHSE:600533 with a GF Score™ of 54/100 and a GF Value™ of ¥2.59 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,401 Real Estate companies, Nanjing Chixia Development Co ranks better than 58.32% on this metric.

As of today (2026-08-14), Nanjing Chixia Development Co's current share price is ¥2.14. Nanjing Chixia Development Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ¥3.91. Nanjing Chixia Development Co's Cyclically Adjusted PB Ratio for today is 0.55.

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

SHSE:600533' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.42   Med: 0.83   Max: 1.98
Current: 0.55

During the past years, Nanjing Chixia Development Co's highest Cyclically Adjusted PB Ratio was 1.98. The lowest was 0.42. And the median was 0.83.

SHSE:600533's Cyclically Adjusted PB Ratio is ranked better than
58.32% of 1401 companies
in the Real Estate industry
Industry Median: 0.69 vs SHSE:600533: 0.55

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.

Nanjing Chixia Development Co's adjusted book value per share data for the three months ended in Mar. 2026 was ¥1.263. 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 ¥3.91 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nanjing Chixia Development Co  (SHSE:600533) 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.


Nanjing Chixia Development Co Cyclically Adjusted PB Ratio Related Terms


Nanjing Chixia Development Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nanjing Chixia Development 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.

Nanjing Chixia Development Co Cyclically Adjusted PB Ratio Chart

Nanjing Chixia Development 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 0.77 0.93 0.71 0.57 0.64

Nanjing Chixia Development 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 0.55 0.62 0.67 0.64 0.65

Nanjing Chixia Development Co Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, Nanjing Chixia Development 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.


Nanjing Chixia Development Co Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Nanjing Chixia Development Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Nanjing Chixia Development Co's Cyclically Adjusted PB Ratio falls into.


SHSE:600533
54GF Score
Nanjing Chixia Development Co Ltd SHSE:600533
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Nanjing Chixia Development 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.

Nanjing Chixia Development Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.14/3.91
=0.55

* 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.

Nanjing Chixia Development Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Nanjing Chixia Development 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)
=1.263/116.3033*116.3033
=1.263

Current CPI (Mar. 2026) = 116.3033.

Nanjing Chixia Development Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 3.799 101.400 4.357
201609 3.762 102.400 4.273
201612 3.746 102.600 4.246
201703 3.806 103.200 4.289
201706 3.827 103.100 4.317
201709 3.760 104.100 4.201
201712 3.626 104.500 4.036
201803 3.567 105.300 3.940
201806 3.528 104.900 3.912
201809 3.443 106.600 3.756
201812 3.554 106.500 3.881
201903 3.774 107.700 4.075
201906 3.901 107.700 4.213
201909 3.845 109.800 4.073
201912 3.797 111.200 3.971
202003 3.821 112.300 3.957
202006 3.813 110.400 4.017
202009 3.898 111.700 4.059
202012 3.963 111.500 4.134
202103 4.249 112.662 4.386
202106 4.210 111.769 4.381
202109 4.239 112.215 4.393
202112 4.228 113.108 4.347
202203 4.373 114.335 4.448
202206 4.317 114.558 4.383
202209 4.327 115.339 4.363
202212 4.263 115.116 4.307
202303 4.271 115.116 4.315
202306 4.151 114.558 4.214
202309 4.128 115.339 4.163
202312 3.960 114.781 4.013
202403 3.975 115.227 4.012
202406 3.877 114.781 3.928
202409 3.869 115.785 3.886
202412 3.087 114.893 3.125
202503 3.097 115.116 3.129
202506 3.193 114.907 3.232
202509 3.069 115.471 3.091
202512 1.315 115.832 1.320
202603 1.263 116.303 1.263

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 0.55 mean?
Nanjing Chixia Development Co (SHSE:600533) has a Cyclically Adjusted PB Ratio of 0.55 as of Aug. 14, 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 Nanjing Chixia Development Co and its competitors. This is 34% below median its historical median of 0.83. Over the past decade, Nanjing Chixia Development Co's Cyclically Adjusted PB Ratio has ranged from 0.42 to 1.98. According to the industry distribution chart, Nanjing Chixia Development Co ranks #584 out of 1401 companies in the Real Estate industry, placing it in the top 41.7%.
Is Nanjing Chixia Development Co's Cyclically Adjusted PB Ratio too high?
Nanjing Chixia Development Co's current Cyclically Adjusted PB Ratio of 0.55 is 34% below median its 10-year median of 0.83. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 1.98. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.69. Nanjing Chixia Development Co's value of 0.55 is 20.3% below this industry median. Based on the distribution chart, Nanjing Chixia Development Co ranks #584 out of 1401 companies in the Real Estate industry, which is above the industry midpoint. Overall, Nanjing Chixia Development Co has a GF Score™ of 54/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nanjing Chixia Development Co's Cyclically Adjusted PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Nanjing Chixia Development Co ranks #584 out of 1401 companies for Cyclically Adjusted PB Ratio. This puts Nanjing Chixia Development Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.69. Nanjing Chixia Development Co's value of 0.55 is 20.3% below this benchmark. Historically, Nanjing Chixia Development Co's own Cyclically Adjusted PB Ratio has ranged from 0.42 to 1.98 over the past decade. While the company's 10-year median is 0.83 vs. the industry median of 0.69, Nanjing Chixia Development 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 Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.69, based on 1,401 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. Nanjing Chixia Development Co's current Cyclically Adjusted PB Ratio of 0.55 is 20.3% 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 Nanjing Chixia Development Co and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nanjing Chixia Development Co's current Cyclically Adjusted PB Ratio is 0.55, which is 34% below median its own 10-year median of 0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nanjing Chixia Development Co stock overvalued right now?
Based on GuruFocus' analysis, Nanjing Chixia Development Co (SHSE:600533) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥2.59, compared to a current price of ¥2.14 — trading 17.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.55, which is 34% below median its 10-year median of 0.83 and 20.3% below the Real Estate industry median of 0.69. Nanjing Chixia Development Co's overall GF Score™ is 54/100 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 Nanjing Chixia Development Co (SHSE:600533), the current Cyclically Adjusted PB Ratio is 0.55 as of Aug. 14, 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 Nanjing Chixia Development Co (SHSE:600533) Overvalued in 2026?

Based on GuruFocus' analysis, Nanjing Chixia Development Co stock appears to be undervalued. The current stock price of ¥2.14 is trading 17.4% below its estimated GF Value™ of ¥2.59. GuruFocus considers Nanjing Chixia Development Co to be Modestly Undervalued.

Key valuation signals for SHSE:600533:

  • Cyclically Adjusted PB Ratio: 0.55 (34% below median its 10-year median of 0.83)
  • GF Value™: ¥2.59 vs. price of ¥2.14 (17.4% below fair value)
  • GF Score™: 54/100 with 7 warning signs
  • Industry Position: 20.3% below the Real Estate median (#584 of 1401)

No single metric tells the full story. See the SHSE:600533 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nanjing Chixia Development Co Business Description

Address No. 99, Xianlin Avenue, Building 8, Qixia District, Nanjing, CHN, 210046
Nanjing Chixia Development Co Ltd is a real estate development company. The group has developed various types of construction such as residential buildings, office buildings, and large-scale public buildings. The planning, design, construction quality, garden landscape, decoration, and decoration have all reached the first-class level.
54GF Score

Get the complete analysis for SHSE:600533

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

¥2.14
Price
¥2.59
GF Value