Guizhou Yibai Pharmaceutical Co (SHSE:600594) Cyclically Adjusted PB Ratio: 0.82 (As of Sep. 12, 2026) — 36% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:600594 Guizhou Yibai Pharmaceutical Co Ltd SHSE:600594
57 GF Score
Price ¥3.61
GF Value ¥2.91
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Guizhou Yibai Pharmaceutical Co Cyclically Adjusted PB Ratio?

Guizhou Yibai Pharmaceutical Co SHSE:600594 -2.43% 57 Cyclically Adjusted PB Ratio is 0.82 as of Sep. 12, 2026, which is 36% below its 10-year median of 1.29. GuruFocus rates SHSE:600594 with a GF Score™ of 57/100 and a GF Value™ of ¥2.91 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 636 Drug Manufacturers companies, Guizhou Yibai Pharmaceutical Co ranks better than 74.37% on this metric.

As of today (2026-09-12), Guizhou Yibai Pharmaceutical Co's current share price is ¥3.61. Guizhou Yibai Pharmaceutical Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ¥4.42. Guizhou Yibai Pharmaceutical Co's Cyclically Adjusted PB Ratio for today is 0.82.

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

SHSE:600594' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.61   Med: 1.29   Max: 7.98
Current: 0.84

During the past years, Guizhou Yibai Pharmaceutical Co's highest Cyclically Adjusted PB Ratio was 7.98. The lowest was 0.61. And the median was 1.29.

SHSE:600594's Cyclically Adjusted PB Ratio is ranked better than
74.37% of 636 companies
in the Drug Manufacturers industry
Industry Median: 1.71 vs SHSE:600594: 0.84

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.

Guizhou Yibai Pharmaceutical Co's adjusted book value per share data for the three months ended in Jun. 2026 was ¥2.661. 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 ¥4.42 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Guizhou Yibai Pharmaceutical Co  (SHSE:600594) 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.


Guizhou Yibai Pharmaceutical Co Cyclically Adjusted PB Ratio Related Terms


Guizhou Yibai Pharmaceutical Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Guizhou Yibai 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.

Guizhou Yibai Pharmaceutical Co Cyclically Adjusted PB Ratio Chart

Guizhou Yibai 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 1.82 1.16 1.17 0.75 0.88

Guizhou Yibai 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 0.83 0.89 0.88 0.88 0.67

SHSE:600594 vs ZTS: Cyclically Adjusted PB Ratio Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Guizhou Yibai 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.


Guizhou Yibai Pharmaceutical Co Cyclically Adjusted PB Ratio vs Drug Manufacturers Industry

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

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


SHSE:600594
57GF Score
Guizhou Yibai Pharmaceutical Co Ltd SHSE:600594
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Guizhou Yibai 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.

Guizhou Yibai Pharmaceutical Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.61/4.42
=0.82

* 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.

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

For example, Guizhou Yibai 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)
=2.661/116.0564*116.0564
=2.661

Current CPI (Jun. 2026) = 116.0564.

Guizhou Yibai Pharmaceutical Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 4.857 102.400 5.505
201612 4.976 102.600 5.629
201703 5.103 103.200 5.739
201706 5.208 103.100 5.862
201709 5.315 104.100 5.925
201712 5.344 104.500 5.935
201803 5.533 105.300 6.098
201806 5.561 104.900 6.152
201809 5.601 106.600 6.098
201812 4.176 106.500 4.551
201903 4.505 107.700 4.855
201906 4.557 107.700 4.911
201909 4.625 109.800 4.889
201912 4.341 111.200 4.531
202003 4.622 112.300 4.777
202006 4.399 110.400 4.624
202009 4.187 111.700 4.350
202012 4.033 111.500 4.198
202103 4.338 112.662 4.469
202106 4.336 111.769 4.502
202109 4.492 112.215 4.646
202112 4.207 113.108 4.317
202203 4.488 114.335 4.556
202206 4.541 114.558 4.600
202209 4.628 115.339 4.657
202212 3.613 115.116 3.643
202303 3.900 115.116 3.932
202306 4.006 114.558 4.058
202309 4.059 115.339 4.084
202312 3.642 114.781 3.682
202403 3.556 115.227 3.582
202406 3.442 114.781 3.480
202409 3.344 115.785 3.352
202412 3.144 114.893 3.176
202503 3.132 115.116 3.158
202506 3.119 114.907 3.150
202509 3.035 115.471 3.050
202512 2.763 115.832 2.768
202603 2.725 116.303 2.719
202606 2.661 116.056 2.661

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 0.82 mean?
Guizhou Yibai Pharmaceutical Co (SHSE:600594) has a Cyclically Adjusted PB Ratio of 0.82 as of Sep. 12, 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 Guizhou Yibai Pharmaceutical Co and its competitors. This is 36% below median its historical median of 1.29. Over the past decade, Guizhou Yibai Pharmaceutical Co's Cyclically Adjusted PB Ratio has ranged from 0.61 to 7.98. According to the industry distribution chart, Guizhou Yibai Pharmaceutical Co ranks #163 out of 636 companies in the Drug Manufacturers industry, placing it in the top 25.6%.
Is Guizhou Yibai Pharmaceutical Co's Cyclically Adjusted PB Ratio too high?
Guizhou Yibai Pharmaceutical Co's current Cyclically Adjusted PB Ratio of 0.82 is 36% below median its 10-year median of 1.29. Over the past 10 years, this metric has ranged from a low of 0.61 to a high of 7.98. The Drug Manufacturers industry median Cyclically Adjusted PB Ratio is 1.71. Guizhou Yibai Pharmaceutical Co's value of 0.82 is 52% below this industry median. Based on the distribution chart, Guizhou Yibai Pharmaceutical Co ranks #163 out of 636 companies in the Drug Manufacturers industry, which is above the industry midpoint. Overall, Guizhou Yibai Pharmaceutical Co has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Guizhou Yibai Pharmaceutical Co's Cyclically Adjusted PB Ratio compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Guizhou Yibai Pharmaceutical Co ranks #163 out of 636 companies for Cyclically Adjusted PB Ratio. This puts Guizhou Yibai Pharmaceutical Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.71. Guizhou Yibai Pharmaceutical Co's value of 0.82 is 52% below this benchmark. Historically, Guizhou Yibai Pharmaceutical Co's own Cyclically Adjusted PB Ratio has ranged from 0.61 to 7.98 over the past decade. While the company's 10-year median is 1.29 vs. the industry median of 1.71, Guizhou Yibai Pharmaceutical 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 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. Guizhou Yibai Pharmaceutical Co's current Cyclically Adjusted PB Ratio of 0.82 is 52% 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 Guizhou Yibai 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. Guizhou Yibai Pharmaceutical Co's current Cyclically Adjusted PB Ratio is 0.82, which is 36% below median its own 10-year median of 1.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guizhou Yibai Pharmaceutical Co stock overvalued right now?
Based on GuruFocus' analysis, Guizhou Yibai Pharmaceutical Co (SHSE:600594) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥2.91, compared to a current price of ¥3.61 — trading 24.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.82, which is 36% below median its 10-year median of 1.29 and 52% below the Drug Manufacturers industry median of 1.71. Guizhou Yibai Pharmaceutical Co's overall GF Score™ is 57/100 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 Guizhou Yibai Pharmaceutical Co (SHSE:600594), the current Cyclically Adjusted PB Ratio is 0.82 as of Sep. 12, 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 Guizhou Yibai Pharmaceutical Co (SHSE:600594) Overvalued in 2026?

Based on GuruFocus' analysis, Guizhou Yibai Pharmaceutical Co stock appears to be overvalued. The current stock price of ¥3.61 is trading 24.1% above its estimated GF Value™ of ¥2.91. GuruFocus considers Guizhou Yibai Pharmaceutical Co to be Modestly Overvalued.

Key valuation signals for SHSE:600594:

  • Cyclically Adjusted PB Ratio: 0.82 (36% below median its 10-year median of 1.29)
  • GF Value™: ¥2.91 vs. price of ¥3.61 (24.1% above fair value)
  • GF Score™: 57/100 with 3 warning signs
  • Industry Position: 52% below the Drug Manufacturers median (#163 of 636)

No single metric tells the full story. See the SHSE:600594 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Guizhou Yibai Pharmaceutical Co Business Description

Address No. 220-1 Baiyun Avenue, Guiyang, Guizhou, CHN, 550008
Guizhou Yibai Pharmaceutical Co Ltd engages in the research, development, production, and sale of pharmaceutical products in China. Its products include tumor, cardio-cerebral vascular, respiratory system, anti-rheumatic, digestive system, pediatric, gynecological, andrological, anti-infection, anti-inflammatory, analgesic, tonic, and other drugs.
57GF Score

Get the complete analysis for SHSE:600594

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

¥3.61
Price
¥2.91
GF Value