Lionhead Technology Development Co (SHSE:600539) Cyclically Adjusted PB Ratio: 8.07 (As of Aug. 31, 2026) — 159% Above Median

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SHSE:600539 Lionhead Technology Development Co Ltd SHSE:600539
49 GF Score
Price ¥14.85
GF Value ¥8.70
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Lionhead Technology Development Co Cyclically Adjusted PB Ratio?

Lionhead Technology Development Co SHSE:600539 -2.04% 49 Cyclically Adjusted PB Ratio is 8.07 as of Aug. 31, 2026, which is 159% above its 10-year median of 3.11. GuruFocus rates SHSE:600539 with a GF Score™ of 49/100 and a GF Value™ of ¥8.70 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 285 Building Materials companies, Lionhead Technology Development Co ranks worse than 94.74% on this metric.

As of today (2026-08-31), Lionhead Technology Development Co's current share price is ¥14.85. Lionhead Technology Development Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ¥1.84. Lionhead Technology Development Co's Cyclically Adjusted PB Ratio for today is 8.07.

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

SHSE:600539' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.73   Med: 3.11   Max: 10.91
Current: 8.23

During the past years, Lionhead Technology Development Co's highest Cyclically Adjusted PB Ratio was 10.91. The lowest was 1.73. And the median was 3.11.

SHSE:600539's Cyclically Adjusted PB Ratio is ranked worse than
94.74% of 285 companies
in the Building Materials industry
Industry Median: 0.97 vs SHSE:600539: 8.23

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.

Lionhead Technology Development Co's adjusted book value per share data for the three months ended in Jun. 2026 was ¥1.307. 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 ¥1.84 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lionhead Technology Development Co  (SHSE:600539) 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.


Lionhead Technology Development Co Cyclically Adjusted PB Ratio Related Terms


Lionhead Technology Development Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Lionhead Technology 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.

Lionhead Technology Development Co Cyclically Adjusted PB Ratio Chart

Lionhead Technology 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 3.57 2.98 3.47 3.52 5.40

Lionhead Technology Development 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 5.55 5.56 5.40 7.85 8.86

SHSE:600539 vs CRH, MLM, VMC: Cyclically Adjusted PB Ratio Comparison

For the Building Materials subindustry, Lionhead Technology 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.


Lionhead Technology Development Co Cyclically Adjusted PB Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Lionhead Technology Development Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


SHSE:600539
49GF Score
Lionhead Technology Development Co Ltd SHSE:600539
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lionhead Technology 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.

Lionhead Technology Development Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=14.85/1.84
=8.07

* 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.

Lionhead Technology Development Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Lionhead Technology Development 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)
=1.307/116.0564*116.0564
=1.307

Current CPI (Jun. 2026) = 116.0564.

Lionhead Technology Development Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 1.925 102.400 2.182
201612 2.046 102.600 2.314
201703 2.049 103.200 2.304
201706 2.053 103.100 2.311
201709 2.063 104.100 2.300
201712 1.826 104.500 2.028
201803 1.833 105.300 2.020
201806 1.841 104.900 2.037
201809 1.864 106.600 2.029
201812 1.869 106.500 2.037
201903 1.881 107.700 2.027
201906 1.888 107.700 2.034
201909 1.900 109.800 2.008
201912 1.784 111.200 1.862
202003 1.797 112.300 1.857
202006 1.800 110.400 1.892
202009 1.804 111.700 1.874
202012 1.827 111.500 1.902
202103 1.850 112.662 1.906
202106 1.863 111.769 1.934
202109 1.875 112.215 1.939
202112 1.891 113.108 1.940
202203 1.892 114.335 1.920
202206 1.901 114.558 1.926
202209 1.900 115.339 1.912
202212 1.958 115.116 1.974
202303 1.847 115.116 1.862
202306 1.837 114.558 1.861
202309 1.796 115.339 1.807
202312 1.529 114.781 1.546
202403 1.512 115.227 1.523
202406 1.503 114.781 1.520
202409 1.498 115.785 1.502
202412 1.399 114.893 1.413
202503 1.402 115.116 1.413
202506 1.402 114.907 1.416
202509 1.382 115.471 1.389
202512 1.304 115.832 1.307
202603 1.306 116.303 1.303
202606 1.307 116.056 1.307

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 8.07 mean?
Lionhead Technology Development Co (SHSE:600539) has a Cyclically Adjusted PB Ratio of 8.07 as of Aug. 31, 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 Lionhead Technology Development Co and its competitors. This is 159% above median its historical median of 3.11. Over the past decade, Lionhead Technology Development Co's Cyclically Adjusted PB Ratio has ranged from 1.73 to 10.91. According to the industry distribution chart, Lionhead Technology Development Co ranks #270 out of 285 companies in the Building Materials industry, placing it in the top 94.7%.
Is Lionhead Technology Development Co's Cyclically Adjusted PB Ratio too high?
Lionhead Technology Development Co's current Cyclically Adjusted PB Ratio of 8.07 is 159% above median its 10-year median of 3.11. Over the past 10 years, this metric has ranged from a low of 1.73 to a high of 10.91. The Building Materials industry median Cyclically Adjusted PB Ratio is 0.97. Lionhead Technology Development Co's value of 8.07 is 732% above this industry median. Based on the distribution chart, Lionhead Technology Development Co ranks #270 out of 285 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, Lionhead Technology Development Co has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lionhead Technology Development Co's Cyclically Adjusted PB Ratio compare to CRH and MLM?
According to the Building Materials industry distribution chart, Lionhead Technology Development Co ranks #270 out of 285 companies for Cyclically Adjusted PB Ratio. This places Lionhead Technology Development Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.97. Lionhead Technology Development Co's value of 8.07 is 732% above this benchmark. Historically, Lionhead Technology Development Co's own Cyclically Adjusted PB Ratio has ranged from 1.73 to 10.91 over the past decade. While the company's 10-year median is 3.11 vs. the industry median of 0.97, Lionhead Technology Development 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 Building Materials company?
The median Cyclically Adjusted PB Ratio among Building Materials companies is 0.97, based on 285 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. Lionhead Technology Development Co's current Cyclically Adjusted PB Ratio of 8.07 is 732% 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 Lionhead Technology Development Co and its competitors. For the Building Materials industry, the median Cyclically Adjusted PB Ratio is 0.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lionhead Technology Development Co's current Cyclically Adjusted PB Ratio is 8.07, which is 159% above median its own 10-year median of 3.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lionhead Technology Development Co stock overvalued right now?
Based on GuruFocus' analysis, Lionhead Technology Development Co (SHSE:600539) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥8.70, compared to a current price of ¥14.85 — trading 70.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 8.07, which is 159% above median its 10-year median of 3.11 and 732% above the Building Materials industry median of 0.97. Lionhead Technology Development Co's overall GF Score™ is 49/100 with 4 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 Lionhead Technology Development Co (SHSE:600539), the current Cyclically Adjusted PB Ratio is 8.07 as of Aug. 31, 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 Lionhead Technology Development Co (SHSE:600539) Overvalued in 2026?

Based on GuruFocus' analysis, Lionhead Technology Development Co stock appears to be overvalued. The current stock price of ¥14.85 is trading 70.7% above its estimated GF Value™ of ¥8.70. GuruFocus considers Lionhead Technology Development Co to be Significantly Overvalued.

Key valuation signals for SHSE:600539:

  • Cyclically Adjusted PB Ratio: 8.07 (159% above median its 10-year median of 3.11)
  • GF Value™: ¥8.70 vs. price of ¥14.85 (70.7% above fair value)
  • GF Score™: 49/100 with 4 warning signs
  • Industry Position: 732% above the Building Materials median (#270 of 285)

No single metric tells the full story. See the SHSE:600539 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lionhead Technology Development Co Business Description

Address No. 51, Binhe West Road, Xinghua Street, No. 0201, 1st-2nd Floor, Building 3, Wanberin District, Shanxi Province, Taiyuan, CHN, 030027
Lionhead Technology Development Co Ltd is engaged in the e-commerce business. E-commerce distribution business refers to obtaining authorization from brand companies or their authorized agents in some or all channels in the field of e-commerce, and the company purchases products from brand companies, opens stores on third-party e-commerce platforms under its own name within the scope of authorization, and sells to end consumers, or sells to third-party e-commerce platforms such as JD.com, Tmall Supermarket, and other distributors.
49GF Score

Get the complete analysis for SHSE:600539

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

¥14.85
Price
¥8.70
GF Value