Zhejiang Digital Culture Technology Group Co (SHSE:600633) Cyclically Adjusted PB Ratio: 1.43 (As of Aug. 21, 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:600633 Zhejiang Digital Culture Technology Group Co Ltd SHSE:600633
78 GF Score
Price ¥10.16
GF Value ¥12.55
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Zhejiang Digital Culture Technology Group Co Cyclically Adjusted PB Ratio?

Zhejiang Digital Culture Technology Group Co SHSE:600633 -0.49% 78 Cyclically Adjusted PB Ratio is 1.43 as of Aug. 21, 2026, which is 36% below its 10-year median of 2.22. GuruFocus rates SHSE:600633 with a GF Score™ of 78/100 and a GF Value™ of ¥12.55 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 341 Interactive Media companies, Zhejiang Digital Culture Technology Group Co ranks worse than 50.15% on this metric.

As of today (2026-08-21), Zhejiang Digital Culture Technology Group Co's current share price is ¥10.16. Zhejiang Digital Culture Technology Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ¥7.10. Zhejiang Digital Culture Technology Group Co's Cyclically Adjusted PB Ratio for today is 1.43.

The historical rank and industry rank for Zhejiang Digital Culture Technology Group Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:600633' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.13   Med: 2.22   Max: 11.1
Current: 1.44

During the past years, Zhejiang Digital Culture Technology Group Co's highest Cyclically Adjusted PB Ratio was 11.10. The lowest was 1.13. And the median was 2.22.

SHSE:600633's Cyclically Adjusted PB Ratio is ranked worse than
50.15% of 341 companies
in the Interactive Media industry
Industry Median: 1.44 vs SHSE:600633: 1.44

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 Digital Culture Technology Group Co's adjusted book value per share data for the three months ended in Jun. 2026 was ¥8.149. 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 ¥7.10 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zhejiang Digital Culture Technology Group Co  (SHSE:600633) 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 Digital Culture Technology Group Co Cyclically Adjusted PB Ratio Related Terms


Zhejiang Digital Culture Technology Group Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Zhejiang Digital Culture Technology Group 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 Digital Culture Technology Group Co Cyclically Adjusted PB Ratio Chart

Zhejiang Digital Culture Technology Group 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 1.49 1.85 1.63 1.87

Zhejiang Digital Culture Technology Group 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 2.09 2.14 1.87 1.73 1.43

SHSE:600633 vs GOOGL, META, SPOT: Cyclically Adjusted PB Ratio Comparison

For the Internet Content & Information subindustry, Zhejiang Digital Culture Technology Group 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 Digital Culture Technology Group Co Cyclically Adjusted PB Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Zhejiang Digital Culture Technology Group Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Zhejiang Digital Culture Technology Group Co's Cyclically Adjusted PB Ratio falls into.


SHSE:600633
78GF Score
Zhejiang Digital Culture Technology Group Co Ltd SHSE:600633
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zhejiang Digital Culture Technology Group 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 Digital Culture Technology Group Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.16/7.10
=1.43

* 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 Digital Culture Technology Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Zhejiang Digital Culture Technology Group 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)
=8.149/116.0564*116.0564
=8.149

Current CPI (Jun. 2026) = 116.0564.

Zhejiang Digital Culture Technology Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 3.404 102.400 3.858
201612 4.972 102.600 5.624
201703 5.930 103.200 6.669
201706 5.824 103.100 6.556
201709 5.995 104.100 6.684
201712 6.031 104.500 6.698
201803 6.099 105.300 6.722
201806 6.059 104.900 6.703
201809 6.089 106.600 6.629
201812 6.015 106.500 6.555
201903 6.111 107.700 6.585
201906 6.052 107.700 6.522
201909 6.088 109.800 6.435
201912 6.159 111.200 6.428
202003 6.322 112.300 6.533
202006 6.372 110.400 6.698
202009 6.425 111.700 6.676
202012 6.466 111.500 6.730
202103 6.556 112.662 6.754
202106 6.574 111.769 6.826
202109 6.907 112.215 7.143
202112 7.052 113.108 7.236
202203 7.063 114.335 7.169
202206 7.126 114.558 7.219
202209 7.226 115.339 7.271
202212 7.332 115.116 7.392
202303 7.546 115.116 7.608
202306 7.771 114.558 7.873
202309 7.818 115.339 7.867
202312 7.797 114.781 7.884
202403 7.876 115.227 7.933
202406 7.747 114.781 7.833
202409 7.901 115.785 7.920
202412 7.890 114.893 7.970
202503 8.003 115.116 8.068
202506 8.001 114.907 8.081
202509 8.045 115.471 8.086
202512 8.081 115.832 8.097
202603 8.207 116.303 8.190
202606 8.149 116.056 8.149

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 1.43 mean?
Zhejiang Digital Culture Technology Group Co (SHSE:600633) has a Cyclically Adjusted PB Ratio of 1.43 as of Aug. 21, 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 Digital Culture Technology Group Co and its competitors. This is 36% below median its historical median of 2.22. Over the past decade, Zhejiang Digital Culture Technology Group Co's Cyclically Adjusted PB Ratio has ranged from 1.13 to 11.10. According to the industry distribution chart, Zhejiang Digital Culture Technology Group Co ranks #171 out of 341 companies in the Interactive Media industry, placing it in the top 50.1%.
Is Zhejiang Digital Culture Technology Group Co's Cyclically Adjusted PB Ratio too high?
Zhejiang Digital Culture Technology Group Co's current Cyclically Adjusted PB Ratio of 1.43 is 36% below median its 10-year median of 2.22. Over the past 10 years, this metric has ranged from a low of 1.13 to a high of 11.10. The Interactive Media industry median Cyclically Adjusted PB Ratio is 1.44. Zhejiang Digital Culture Technology Group Co's value of 1.43 is 0.7% below this industry median. Based on the distribution chart, Zhejiang Digital Culture Technology Group Co ranks #171 out of 341 companies in the Interactive Media industry, which is below the industry midpoint. Overall, Zhejiang Digital Culture Technology Group Co has a GF Scoreâ„¢ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Digital Culture Technology Group Co's Cyclically Adjusted PB Ratio compare to GOOGL and META?
According to the Interactive Media industry distribution chart, Zhejiang Digital Culture Technology Group Co ranks #171 out of 341 companies for Cyclically Adjusted PB Ratio. This places Zhejiang Digital Culture Technology Group Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.44. Zhejiang Digital Culture Technology Group Co's value of 1.43 is 0.7% below this benchmark. Historically, Zhejiang Digital Culture Technology Group Co's own Cyclically Adjusted PB Ratio has ranged from 1.13 to 11.10 over the past decade. While the company's 10-year median is 2.22 vs. the industry median of 1.44, Zhejiang Digital Culture Technology Group 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 an Interactive Media company?
The median Cyclically Adjusted PB Ratio among Interactive Media companies is 1.44, based on 341 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 Digital Culture Technology Group Co's current Cyclically Adjusted PB Ratio of 1.43 is 0.7% 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 Zhejiang Digital Culture Technology Group Co and its competitors. For the Interactive Media industry, the median Cyclically Adjusted PB Ratio is 1.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Digital Culture Technology Group Co's current Cyclically Adjusted PB Ratio is 1.43, which is 36% below median its own 10-year median of 2.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Digital Culture Technology Group Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Digital Culture Technology Group Co (SHSE:600633) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥12.55, compared to a current price of ¥10.16 — trading 19% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.43, which is 36% below median its 10-year median of 2.22 and 0.7% below the Interactive Media industry median of 1.44. Zhejiang Digital Culture Technology Group Co's overall GF Score™ is 78/100 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 Zhejiang Digital Culture Technology Group Co (SHSE:600633), the current Cyclically Adjusted PB Ratio is 1.43 as of Aug. 21, 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 Digital Culture Technology Group Co (SHSE:600633) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Digital Culture Technology Group Co stock appears to be undervalued. The current stock price of Â¥10.16 is trading 19% below its estimated GF Value™ of Â¥12.55. GuruFocus considers Zhejiang Digital Culture Technology Group Co to be Modestly Undervalued.

Key valuation signals for SHSE:600633:

  • Cyclically Adjusted PB Ratio: 1.43 (36% below median its 10-year median of 2.22)
  • GF Value™: Â¥12.55 vs. price of Â¥10.16 (19% below fair value)
  • GF Score™: 78/100 with 4 warning signs
  • Industry Position: 0.7% below the Interactive Media median (#171 of 341)

No single metric tells the full story. See the SHSE:600633 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhejiang Digital Culture Technology Group Co Business Description

Address Stadium Road 178, 26-27 floor, Zhejiang Province, Hangzhou, CHN, 310039
Zhejiang Daily Digital Culture Group Co Ltd is a media company based in China. It aims to build a domestic Internet digital cultural industry group and comprehensively develop a digital culture industry based on the Internet. Its focus is on the digital entertainment industry, digital sports industry, and the "four-in-one" big data industry with high-quality IP as the core. The company also focuses on the development of e-commerce services, art services, and other cultural industry services.
78GF Score

Get the complete analysis for SHSE:600633

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

Â¥10.16
Price
Â¥12.55
GF Value