Baoding Tianwei Baobian Electric Co (SHSE:600550) Cyclically Adjusted PB Ratio: 31.38 (As of Aug. 18, 2026) — 692% Above Median

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SHSE:600550 Baoding Tianwei Baobian Electric Co Ltd SHSE:600550
66 GF Score
Price ¥11.61
GF Value ¥9.69
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Baoding Tianwei Baobian Electric Co Cyclically Adjusted PB Ratio?

Baoding Tianwei Baobian Electric Co SHSE:600550 -2.60% 66 Cyclically Adjusted PB Ratio is 31.38 as of Aug. 18, 2026, which is 692% above its 10-year median of 3.96. GuruFocus rates SHSE:600550 with a GF Score™ of 66/100 and a GF Value™ of ¥9.69 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 2,203 Industrial Products companies, Baoding Tianwei Baobian Electric Co ranks worse than 98.91% on this metric.

As of today (2026-08-18), Baoding Tianwei Baobian Electric Co's current share price is ¥11.61. Baoding Tianwei Baobian Electric Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ¥0.37. Baoding Tianwei Baobian Electric Co's Cyclically Adjusted PB Ratio for today is 31.38.

The historical rank and industry rank for Baoding Tianwei Baobian Electric Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:600550' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.38   Med: 3.96   Max: 50.57
Current: 31.23

During the past years, Baoding Tianwei Baobian Electric Co's highest Cyclically Adjusted PB Ratio was 50.57. The lowest was 1.38. And the median was 3.96.

SHSE:600550's Cyclically Adjusted PB Ratio is ranked worse than
98.91% of 2203 companies
in the Industrial Products industry
Industry Median: 2.18 vs SHSE:600550: 31.23

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.

Baoding Tianwei Baobian Electric Co's adjusted book value per share data for the three months ended in Mar. 2026 was ¥0.485. 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 ¥0.37 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Baoding Tianwei Baobian Electric Co  (SHSE:600550) 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.


Baoding Tianwei Baobian Electric Co Cyclically Adjusted PB Ratio Related Terms


Baoding Tianwei Baobian Electric Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Baoding Tianwei Baobian Electric 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.

Baoding Tianwei Baobian Electric Co Cyclically Adjusted PB Ratio Chart

Baoding Tianwei Baobian Electric 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 5.01 7.53 12.94 20.54 28.86

Baoding Tianwei Baobian Electric 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 23.69 23.62 22.94 28.86 40.20

SHSE:600550 vs VRT, BE: Cyclically Adjusted PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, Baoding Tianwei Baobian Electric 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.


Baoding Tianwei Baobian Electric Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Baoding Tianwei Baobian Electric Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Baoding Tianwei Baobian Electric Co's Cyclically Adjusted PB Ratio falls into.


SHSE:600550
66GF Score
Baoding Tianwei Baobian Electric Co Ltd SHSE:600550
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Baoding Tianwei Baobian Electric 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.

Baoding Tianwei Baobian Electric Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.61/0.37
=31.38

* 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.

Baoding Tianwei Baobian Electric Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Baoding Tianwei Baobian Electric 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)
=0.485/116.3033*116.3033
=0.485

Current CPI (Mar. 2026) = 116.3033.

Baoding Tianwei Baobian Electric Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.240 101.400 0.275
201609 0.208 102.400 0.236
201612 0.269 102.600 0.305
201703 0.290 103.200 0.327
201706 0.319 103.100 0.360
201709 0.306 104.100 0.342
201712 0.325 104.500 0.362
201803 0.285 105.300 0.315
201806 0.238 104.900 0.264
201809 0.761 106.600 0.830
201812 0.428 106.500 0.467
201903 0.410 107.700 0.443
201906 0.390 107.700 0.421
201909 0.384 109.800 0.407
201912 0.343 111.200 0.359
202003 0.337 112.300 0.349
202006 0.350 110.400 0.369
202009 0.353 111.700 0.368
202012 0.332 111.500 0.346
202103 0.335 112.662 0.346
202106 0.357 111.769 0.371
202109 0.363 112.215 0.376
202112 0.379 113.108 0.390
202203 0.386 114.335 0.393
202206 0.387 114.558 0.393
202209 0.381 115.339 0.384
202212 0.397 115.116 0.401
202303 0.400 115.116 0.404
202306 0.377 114.558 0.383
202309 0.358 115.339 0.361
202312 0.275 114.781 0.279
202403 0.278 115.227 0.281
202406 0.287 114.781 0.291
202409 0.320 115.785 0.321
202412 0.326 114.893 0.330
202503 0.342 115.116 0.346
202506 0.368 114.907 0.372
202509 0.425 115.471 0.428
202512 0.454 115.832 0.456
202603 0.485 116.303 0.485

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 31.38 mean?
Baoding Tianwei Baobian Electric Co (SHSE:600550) has a Cyclically Adjusted PB Ratio of 31.38 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 Baoding Tianwei Baobian Electric Co and its competitors. This is 692% above median its historical median of 3.96. Over the past decade, Baoding Tianwei Baobian Electric Co's Cyclically Adjusted PB Ratio has ranged from 1.38 to 50.57. According to the industry distribution chart, Baoding Tianwei Baobian Electric Co ranks #2179 out of 2203 companies in the Industrial Products industry, placing it in the top 98.9%.
Is Baoding Tianwei Baobian Electric Co's Cyclically Adjusted PB Ratio too high?
Baoding Tianwei Baobian Electric Co's current Cyclically Adjusted PB Ratio of 31.38 is 692% above median its 10-year median of 3.96. Over the past 10 years, this metric has ranged from a low of 1.38 to a high of 50.57. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.18. Baoding Tianwei Baobian Electric Co's value of 31.38 is 1339.4% above this industry median. Based on the distribution chart, Baoding Tianwei Baobian Electric Co ranks #2179 out of 2203 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Baoding Tianwei Baobian Electric Co has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Baoding Tianwei Baobian Electric Co's Cyclically Adjusted PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Baoding Tianwei Baobian Electric Co ranks #2179 out of 2203 companies for Cyclically Adjusted PB Ratio. This places Baoding Tianwei Baobian Electric Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.18. Baoding Tianwei Baobian Electric Co's value of 31.38 is 1339.4% above this benchmark. Historically, Baoding Tianwei Baobian Electric Co's own Cyclically Adjusted PB Ratio has ranged from 1.38 to 50.57 over the past decade. While the company's 10-year median is 3.96 vs. the industry median of 2.18, Baoding Tianwei Baobian Electric 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 Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.18, based on 2,203 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. Baoding Tianwei Baobian Electric Co's current Cyclically Adjusted PB Ratio of 31.38 is 1339.4% 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 Baoding Tianwei Baobian Electric Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Baoding Tianwei Baobian Electric Co's current Cyclically Adjusted PB Ratio is 31.38, which is 692% above median its own 10-year median of 3.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Baoding Tianwei Baobian Electric Co stock overvalued right now?
Based on GuruFocus' analysis, Baoding Tianwei Baobian Electric Co (SHSE:600550) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥9.69, compared to a current price of ¥11.61 — trading 19.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 31.38, which is 692% above median its 10-year median of 3.96 and 1339.4% above the Industrial Products industry median of 2.18. Baoding Tianwei Baobian Electric Co's overall GF Score™ is 66/100 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 Baoding Tianwei Baobian Electric Co (SHSE:600550), the current Cyclically Adjusted PB Ratio is 31.38 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 Baoding Tianwei Baobian Electric Co (SHSE:600550) Overvalued in 2026?

Based on GuruFocus' analysis, Baoding Tianwei Baobian Electric Co stock appears to be overvalued. The current stock price of ¥11.61 is trading 19.8% above its estimated GF Value™ of ¥9.69. GuruFocus considers Baoding Tianwei Baobian Electric Co to be Modestly Overvalued.

Key valuation signals for SHSE:600550:

  • Cyclically Adjusted PB Ratio: 31.38 (692% above median its 10-year median of 3.96)
  • GF Value™: ¥9.69 vs. price of ¥11.61 (19.8% above fair value)
  • GF Score™: 66/100 with 5 warning signs
  • Industry Position: 1339.4% above the Industrial Products median (#2179 of 2203)

No single metric tells the full story. See the SHSE:600550 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Baoding Tianwei Baobian Electric Co Business Description

Address No. 2222 Tianwei West Road, Hebei Province, Baoding, CHN, 071056
Baoding Tianwei Baobian Electric Co Ltd manufactures power transformers and modernized high technology power equipment. Its products include transformers, CT, and reactors applied on power generation, transmission and distribution systems, ranging from 10kV to 1200kV, with maximum product capacity 1500MVA. Its 1000MVA,1000kV single phase autotransformer.
66GF Score

Get the complete analysis for SHSE:600550

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

¥11.61
Price
¥9.69
GF Value