Zhejiang Conba Pharmaceutical Co (SHSE:600572) Cyclically Adjusted PB Ratio: 1.74 (As of Sep. 11, 2026) — 34% Below Median

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SHSE:600572 Zhejiang Conba Pharmaceutical Co Ltd SHSE:600572
74 GF Score
Price ¥4.22
GF Value ¥5.48
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Zhejiang Conba Pharmaceutical Co Cyclically Adjusted PB Ratio?

Zhejiang Conba Pharmaceutical Co SHSE:600572 -2.31% 74 Cyclically Adjusted PB Ratio is 1.74 as of Sep. 11, 2026, which is 34% below its 10-year median of 2.63. GuruFocus rates SHSE:600572 with a GF Score™ of 74/100 and a GF Value™ of ¥5.48 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 636 Drug Manufacturers companies, Zhejiang Conba Pharmaceutical Co ranks worse than 52.2% on this metric.

As of today (2026-09-11), Zhejiang Conba Pharmaceutical Co's current share price is ¥4.22. Zhejiang Conba Pharmaceutical Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ¥2.42. Zhejiang Conba Pharmaceutical Co's Cyclically Adjusted PB Ratio for today is 1.74.

The historical rank and industry rank for Zhejiang Conba Pharmaceutical Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:600572' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.62   Med: 2.63   Max: 7.47
Current: 1.82

During the past years, Zhejiang Conba Pharmaceutical Co's highest Cyclically Adjusted PB Ratio was 7.47. The lowest was 1.62. And the median was 2.63.

SHSE:600572's Cyclically Adjusted PB Ratio is ranked worse than
52.2% of 636 companies
in the Drug Manufacturers industry
Industry Median: 1.71 vs SHSE:600572: 1.82

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.

Zhejiang Conba Pharmaceutical Co's adjusted book value per share data for the three months ended in Jun. 2026 was ¥2.783. 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 ¥2.42 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zhejiang Conba Pharmaceutical Co  (SHSE:600572) 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.


Zhejiang Conba Pharmaceutical Co Cyclically Adjusted PB Ratio Related Terms


Zhejiang Conba Pharmaceutical Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Zhejiang Conba Pharmaceutical 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.

Zhejiang Conba Pharmaceutical Co Cyclically Adjusted PB Ratio Chart

Zhejiang Conba Pharmaceutical 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 2.77 2.36 2.36 2.06 1.88

Zhejiang Conba Pharmaceutical 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 1.90 1.86 1.88 1.83 1.62

SHSE:600572 vs ZTS: Cyclically Adjusted PB Ratio Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Zhejiang Conba Pharmaceutical 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.


Zhejiang Conba Pharmaceutical Co Cyclically Adjusted PB Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Zhejiang Conba Pharmaceutical Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Zhejiang Conba Pharmaceutical Co's Cyclically Adjusted PB Ratio falls into.


SHSE:600572
74GF Score
Zhejiang Conba Pharmaceutical Co Ltd SHSE:600572
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zhejiang Conba Pharmaceutical 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.

Zhejiang Conba Pharmaceutical Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.22/2.42
=1.74

* 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.

Zhejiang Conba Pharmaceutical Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Zhejiang Conba Pharmaceutical 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)
=2.783/116.0564*116.0564
=2.783

Current CPI (Jun. 2026) = 116.0564.

Zhejiang Conba Pharmaceutical Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 1.743 102.400 1.975
201612 1.714 102.600 1.939
201703 1.790 103.200 2.013
201706 1.748 103.100 1.968
201709 1.836 104.100 2.047
201712 2.282 104.500 2.534
201803 2.248 105.300 2.478
201806 2.138 104.900 2.365
201809 2.222 106.600 2.419
201812 2.134 106.500 2.325
201903 2.084 107.700 2.246
201906 2.001 107.700 2.156
201909 2.035 109.800 2.151
201912 1.748 111.200 1.824
202003 1.811 112.300 1.872
202006 1.891 110.400 1.988
202009 1.916 111.700 1.991
202012 1.884 111.500 1.961
202103 1.905 112.662 1.962
202106 1.981 111.769 2.057
202109 2.046 112.215 2.116
202112 2.802 113.108 2.875
202203 2.787 114.335 2.829
202206 2.669 114.558 2.704
202209 2.641 115.339 2.657
202212 2.690 115.116 2.712
202303 2.795 115.116 2.818
202306 2.729 114.558 2.765
202309 2.772 115.339 2.789
202312 2.740 114.781 2.770
202403 2.780 115.227 2.800
202406 2.597 114.781 2.626
202409 2.576 115.785 2.582
202412 2.640 114.893 2.667
202503 2.715 115.116 2.737
202506 2.636 114.907 2.662
202509 2.797 115.471 2.811
202512 2.780 115.832 2.785
202603 2.860 116.303 2.854
202606 2.783 116.056 2.783

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 1.74 mean?
Zhejiang Conba Pharmaceutical Co (SHSE:600572) has a Cyclically Adjusted PB Ratio of 1.74 as of Sep. 11, 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 Zhejiang Conba Pharmaceutical Co and its competitors. This is 34% below median its historical median of 2.63. Over the past decade, Zhejiang Conba Pharmaceutical Co's Cyclically Adjusted PB Ratio has ranged from 1.62 to 7.47. According to the industry distribution chart, Zhejiang Conba Pharmaceutical Co ranks #332 out of 636 companies in the Drug Manufacturers industry, placing it in the top 52.2%.
Is Zhejiang Conba Pharmaceutical Co's Cyclically Adjusted PB Ratio too high?
Zhejiang Conba Pharmaceutical Co's current Cyclically Adjusted PB Ratio of 1.74 is 34% below median its 10-year median of 2.63. Over the past 10 years, this metric has ranged from a low of 1.62 to a high of 7.47. The Drug Manufacturers industry median Cyclically Adjusted PB Ratio is 1.71. Zhejiang Conba Pharmaceutical Co's value of 1.74 is 1.8% above this industry median. Based on the distribution chart, Zhejiang Conba Pharmaceutical Co ranks #332 out of 636 companies in the Drug Manufacturers industry, which is below the industry midpoint. Overall, Zhejiang Conba Pharmaceutical Co has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Conba Pharmaceutical Co's Cyclically Adjusted PB Ratio compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Zhejiang Conba Pharmaceutical Co ranks #332 out of 636 companies for Cyclically Adjusted PB Ratio. This places Zhejiang Conba Pharmaceutical Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.71. Zhejiang Conba Pharmaceutical Co's value of 1.74 is 1.8% above this benchmark. Historically, Zhejiang Conba Pharmaceutical Co's own Cyclically Adjusted PB Ratio has ranged from 1.62 to 7.47 over the past decade. While the company's 10-year median is 2.63 vs. the industry median of 1.71, Zhejiang Conba Pharmaceutical 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 Drug Manufacturers company?
The median Cyclically Adjusted PB Ratio among Drug Manufacturers companies is 1.71, based on 636 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. Zhejiang Conba Pharmaceutical Co's current Cyclically Adjusted PB Ratio of 1.74 is 1.8% 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 Zhejiang Conba Pharmaceutical Co and its competitors. For the Drug Manufacturers industry, the median Cyclically Adjusted PB Ratio is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Conba Pharmaceutical Co's current Cyclically Adjusted PB Ratio is 1.74, which is 34% below median its own 10-year median of 2.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Conba Pharmaceutical Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Conba Pharmaceutical Co (SHSE:600572) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥5.48, compared to a current price of ¥4.22 — trading 23% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.74, which is 34% below median its 10-year median of 2.63 and 1.8% above the Drug Manufacturers industry median of 1.71. Zhejiang Conba Pharmaceutical Co's overall GF Score™ is 74/100 with 3 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 Zhejiang Conba Pharmaceutical Co (SHSE:600572), the current Cyclically Adjusted PB Ratio is 1.74 as of Sep. 11, 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 Zhejiang Conba Pharmaceutical Co (SHSE:600572) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Conba Pharmaceutical Co stock appears to be undervalued. The current stock price of ¥4.22 is trading 23% below its estimated GF Value™ of ¥5.48. GuruFocus considers Zhejiang Conba Pharmaceutical Co to be Modestly Undervalued.

Key valuation signals for SHSE:600572:

  • Cyclically Adjusted PB Ratio: 1.74 (34% below median its 10-year median of 2.63)
  • GF Value™: ¥5.48 vs. price of ¥4.22 (23% below fair value)
  • GF Score™: 74/100 with 3 warning signs
  • Industry Position: 1.8% above the Drug Manufacturers median (#332 of 636)

No single metric tells the full story. See the SHSE:600572 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhejiang Conba Pharmaceutical Co Business Description

Address No. 568 Binkang Road, New and High-Technology Development Zone, Binjiang District, Zhejiang, Hangzhou, CHN, 310052
Zhejiang Conba Pharmaceutical Co Ltd operates as a pharmaceutical company in China. It offers traditional Chinese medicines, botanical extracts, chemical medicines, chemical raw medicines, health foods, common foods, prepared drugs in pieces, and commodities. It provides its products under the Conba, Prostate Plus, Zhenshiming, Tianbaoning, Alocin, Xitao, Yuanbang, Baby, and Omeprazole names.
74GF Score

Get the complete analysis for SHSE:600572

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

¥4.22
Price
¥5.48
GF Value