Shanxi Guoxin Energy (SHSE:600617) Cyclically Adjusted PB Ratio: 1.44 (As of Aug. 19, 2026) — 16% Below Median

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SHSE:600617 Shanxi Guoxin Energy Corporation Ltd SHSE:600617
61 GF Score
Price ¥3.36
GF Value ¥2.87
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Shanxi Guoxin Energy Cyclically Adjusted PB Ratio?

Shanxi Guoxin Energy SHSE:600617 -4.55% 61 Cyclically Adjusted PB Ratio is 1.44 as of Aug. 19, 2026, which is 16% below its 10-year median of 1.71. GuruFocus rates SHSE:600617 with a GF Score™ of 61/100 and a GF Value™ of ¥2.87 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 760 Oil & Gas companies, Shanxi Guoxin Energy ranks worse than 58.16% on this metric.

As of today (2026-08-19), Shanxi Guoxin Energy's current share price is ¥3.36. Shanxi Guoxin Energy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ¥2.33. Shanxi Guoxin Energy's Cyclically Adjusted PB Ratio for today is 1.44.

The historical rank and industry rank for Shanxi Guoxin Energy's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:600617' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.93   Med: 1.71   Max: 18.6
Current: 1.45

During the past years, Shanxi Guoxin Energy's highest Cyclically Adjusted PB Ratio was 18.60. The lowest was 0.93. And the median was 1.71.

SHSE:600617's Cyclically Adjusted PB Ratio is ranked worse than
58.16% of 760 companies
in the Oil & Gas industry
Industry Median: 1.2 vs SHSE:600617: 1.45

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.

Shanxi Guoxin Energy's adjusted book value per share data for the three months ended in Mar. 2026 was ¥2.072. 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 ¥2.33 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shanxi Guoxin Energy  (SHSE:600617) 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.


Shanxi Guoxin Energy Cyclically Adjusted PB Ratio Related Terms


Shanxi Guoxin Energy Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Shanxi Guoxin Energy'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.

Shanxi Guoxin Energy Cyclically Adjusted PB Ratio Chart

Shanxi Guoxin Energy 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 1.56 1.38 1.21 1.17 1.34

Shanxi Guoxin Energy 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 1.06 1.17 1.24 1.34 1.64

SHSE:600617 vs WMB, EPD, KMI: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas Midstream subindustry, Shanxi Guoxin Energy'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.


Shanxi Guoxin Energy Cyclically Adjusted PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Shanxi Guoxin Energy's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Shanxi Guoxin Energy's Cyclically Adjusted PB Ratio falls into.


SHSE:600617
61GF Score
Shanxi Guoxin Energy Corporation Ltd SHSE:600617
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shanxi Guoxin Energy 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.

Shanxi Guoxin Energy's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.36/2.33
=1.44

* 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.

Shanxi Guoxin Energy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Shanxi Guoxin Energy'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)
=2.072/116.3033*116.3033
=2.072

Current CPI (Mar. 2026) = 116.3033.

Shanxi Guoxin Energy Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.404 101.400 2.757
201609 2.456 102.400 2.789
201612 2.461 102.600 2.790
201703 2.508 103.200 2.826
201706 2.506 103.100 2.827
201709 2.451 104.100 2.738
201712 2.446 104.500 2.722
201803 2.471 105.300 2.729
201806 2.463 104.900 2.731
201809 2.471 106.600 2.696
201812 2.486 106.500 2.715
201903 2.521 107.700 2.722
201906 2.499 107.700 2.699
201909 2.490 109.800 2.637
201912 2.498 111.200 2.613
202003 2.464 112.300 2.552
202006 2.309 110.400 2.432
202009 2.109 111.700 2.196
202012 2.380 111.500 2.483
202103 2.163 112.662 2.233
202106 2.126 111.769 2.212
202109 2.061 112.215 2.136
202112 1.863 113.108 1.916
202203 1.954 114.335 1.988
202206 1.899 114.558 1.928
202209 1.840 115.339 1.855
202212 1.912 115.116 1.932
202303 1.954 115.116 1.974
202306 1.923 114.558 1.952
202309 1.876 115.339 1.892
202312 1.909 114.781 1.934
202403 1.972 115.227 1.990
202406 1.850 114.781 1.875
202409 1.812 115.785 1.820
202412 2.159 114.893 2.186
202503 2.224 115.116 2.247
202506 2.206 114.907 2.233
202509 2.167 115.471 2.183
202512 2.000 115.832 2.008
202603 2.072 116.303 2.072

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 1.44 mean?
Shanxi Guoxin Energy (SHSE:600617) has a Cyclically Adjusted PB Ratio of 1.44 as of Aug. 19, 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 Shanxi Guoxin Energy and its competitors. This is 16% below median its historical median of 1.71. Over the past decade, Shanxi Guoxin Energy's Cyclically Adjusted PB Ratio has ranged from 0.93 to 18.60. According to the industry distribution chart, Shanxi Guoxin Energy ranks #442 out of 760 companies in the Oil & Gas industry, placing it in the top 58.2%.
Is Shanxi Guoxin Energy's Cyclically Adjusted PB Ratio too high?
Shanxi Guoxin Energy's current Cyclically Adjusted PB Ratio of 1.44 is 16% below median its 10-year median of 1.71. Over the past 10 years, this metric has ranged from a low of 0.93 to a high of 18.60. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.20. Shanxi Guoxin Energy's value of 1.44 is 20% above this industry median. Based on the distribution chart, Shanxi Guoxin Energy ranks #442 out of 760 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Shanxi Guoxin Energy has a GF Score™ of 61/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shanxi Guoxin Energy's Cyclically Adjusted PB Ratio compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, Shanxi Guoxin Energy ranks #442 out of 760 companies for Cyclically Adjusted PB Ratio. This places Shanxi Guoxin Energy in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.20. Shanxi Guoxin Energy's value of 1.44 is 20% above this benchmark. Historically, Shanxi Guoxin Energy's own Cyclically Adjusted PB Ratio has ranged from 0.93 to 18.60 over the past decade. While the company's 10-year median is 1.71 vs. the industry median of 1.20, Shanxi Guoxin Energy 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 Oil & Gas company?
The median Cyclically Adjusted PB Ratio among Oil & Gas companies is 1.20, based on 760 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. Shanxi Guoxin Energy's current Cyclically Adjusted PB Ratio of 1.44 is 20% 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 Shanxi Guoxin Energy and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PB Ratio is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanxi Guoxin Energy's current Cyclically Adjusted PB Ratio is 1.44, which is 16% below median its own 10-year median of 1.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanxi Guoxin Energy stock overvalued right now?
Based on GuruFocus' analysis, Shanxi Guoxin Energy (SHSE:600617) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥2.87, compared to a current price of ¥3.36 — trading 17.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.44, which is 16% below median its 10-year median of 1.71 and 20% above the Oil & Gas industry median of 1.20. Shanxi Guoxin Energy's overall GF Score™ is 61/100 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 Shanxi Guoxin Energy (SHSE:600617), the current Cyclically Adjusted PB Ratio is 1.44 as of Aug. 19, 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 Shanxi Guoxin Energy (SHSE:600617) Overvalued in 2026?

Based on GuruFocus' analysis, Shanxi Guoxin Energy stock appears to be overvalued. The current stock price of ¥3.36 is trading 17.1% above its estimated GF Value™ of ¥2.87. GuruFocus considers Shanxi Guoxin Energy to be Modestly Overvalued.

Key valuation signals for SHSE:600617:

  • Cyclically Adjusted PB Ratio: 1.44 (16% below median its 10-year median of 1.71)
  • GF Value™: ¥2.87 vs. price of ¥3.36 (17.1% above fair value)
  • GF Score™: 61/100 with 5 warning signs
  • Industry Position: 20% above the Oil & Gas median (#442 of 760)

No single metric tells the full story. See the SHSE:600617 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanxi Guoxin Energy Business Description

Industry EnergyOil & Gas
Other Exchanges 900913:China
Address No. 6 Zhongxin Street, High-tech Development Zone, Shanxi Province, Taiyuan, CHN, 030032
Shanxi Guoxin Energy Corporation Ltd is engaged in the planning, construction, operation and management of natural gas pipeline networks.
61GF Score

Get the complete analysis for SHSE:600617

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

¥3.36
Price
¥2.87
GF Value