Cinda Real Estate Co (SHSE:600657) Cyclically Adjusted PB Ratio: 0.34 (As of Aug. 11, 2026) — 49% Below Median

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SHSE:600657 Cinda Real Estate Co Ltd SHSE:600657
42 GF Score
Price ¥2.61
GF Value ¥1.73
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Cinda Real Estate Co Cyclically Adjusted PB Ratio?

Cinda Real Estate Co SHSE:600657 +0.38% 42 Cyclically Adjusted PB Ratio is 0.34 as of Aug. 11, 2026, which is 49% below its 10-year median of 0.67. GuruFocus rates SHSE:600657 with a GF Score™ of 42/100 and a GF Value™ of ¥1.73 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,412 Real Estate companies, Cinda Real Estate Co ranks better than 72.8% on this metric.

As of today (2026-08-11), Cinda Real Estate Co's current share price is ¥2.61. Cinda Real Estate Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ¥7.74. Cinda Real Estate Co's Cyclically Adjusted PB Ratio for today is 0.34.

The historical rank and industry rank for Cinda Real Estate Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:600657' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.3   Med: 0.67   Max: 1.95
Current: 0.33

During the past years, Cinda Real Estate Co's highest Cyclically Adjusted PB Ratio was 1.95. The lowest was 0.30. And the median was 0.67.

SHSE:600657's Cyclically Adjusted PB Ratio is ranked better than
72.8% of 1412 companies
in the Real Estate industry
Industry Median: 0.69 vs SHSE:600657: 0.33

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.

Cinda Real Estate Co's adjusted book value per share data for the three months ended in Mar. 2026 was ¥5.432. 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 ¥7.74 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cinda Real Estate Co  (SHSE:600657) 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.


Cinda Real Estate Co Cyclically Adjusted PB Ratio Related Terms


Cinda Real Estate Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Cinda Real Estate 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.

Cinda Real Estate Co Cyclically Adjusted PB Ratio Chart

Cinda Real Estate 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 0.57 0.74 0.49 0.55 0.45

Cinda Real Estate 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 0.55 0.51 0.53 0.45 0.39

Cinda Real Estate Co Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, Cinda Real Estate 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.


Cinda Real Estate Co Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Cinda Real Estate Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Cinda Real Estate Co's Cyclically Adjusted PB Ratio falls into.


SHSE:600657
42GF Score
Cinda Real Estate Co Ltd SHSE:600657
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cinda Real Estate 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.

Cinda Real Estate Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.61/7.74
=0.34

* 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.

Cinda Real Estate Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Cinda Real Estate 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)
=5.432/116.3033*116.3033
=5.432

Current CPI (Mar. 2026) = 116.3033.

Cinda Real Estate Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 5.426 101.400 6.223
201609 5.455 102.400 6.196
201612 5.917 102.600 6.707
201703 5.829 103.200 6.569
201706 5.957 103.100 6.720
201709 5.996 104.100 6.699
201712 6.460 104.500 7.190
201803 6.381 105.300 7.048
201806 6.495 104.900 7.201
201809 6.534 106.600 7.129
201812 6.977 106.500 7.619
201903 6.978 107.700 7.535
201906 7.016 107.700 7.576
201909 7.072 109.800 7.491
201912 7.669 111.200 8.021
202003 7.840 112.300 8.119
202006 7.886 110.400 8.308
202009 7.955 111.700 8.283
202012 8.095 111.500 8.444
202103 8.161 112.662 8.425
202106 8.247 111.769 8.582
202109 8.281 112.215 8.583
202112 8.368 113.108 8.604
202203 8.378 114.335 8.522
202206 8.483 114.558 8.612
202209 8.455 115.339 8.526
202212 8.491 115.116 8.579
202303 8.481 115.116 8.569
202306 8.520 114.558 8.650
202309 8.551 115.339 8.623
202312 8.637 114.781 8.752
202403 8.569 115.227 8.649
202406 8.671 114.781 8.786
202409 8.603 115.785 8.642
202412 8.359 114.893 8.462
202503 8.286 115.116 8.371
202506 7.065 114.907 7.151
202509 6.497 115.471 6.544
202512 5.598 115.832 5.621
202603 5.432 116.303 5.432

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 0.34 mean?
Cinda Real Estate Co (SHSE:600657) has a Cyclically Adjusted PB Ratio of 0.34 as of Aug. 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 Cinda Real Estate Co and its competitors. This is 49% below median its historical median of 0.67. Over the past decade, Cinda Real Estate Co's Cyclically Adjusted PB Ratio has ranged from 0.30 to 1.95. According to the industry distribution chart, Cinda Real Estate Co ranks #384 out of 1412 companies in the Real Estate industry, placing it in the top 27.2%.
Is Cinda Real Estate Co's Cyclically Adjusted PB Ratio too high?
Cinda Real Estate Co's current Cyclically Adjusted PB Ratio of 0.34 is 49% below median its 10-year median of 0.67. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 1.95. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.69. Cinda Real Estate Co's value of 0.34 is 50.7% below this industry median. Based on the distribution chart, Cinda Real Estate Co ranks #384 out of 1412 companies in the Real Estate industry, which is above the industry midpoint. Overall, Cinda Real Estate Co has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cinda Real Estate Co's Cyclically Adjusted PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Cinda Real Estate Co ranks #384 out of 1412 companies for Cyclically Adjusted PB Ratio. This puts Cinda Real Estate Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.69. Cinda Real Estate Co's value of 0.34 is 50.7% below this benchmark. Historically, Cinda Real Estate Co's own Cyclically Adjusted PB Ratio has ranged from 0.30 to 1.95 over the past decade. While the company's 10-year median is 0.67 vs. the industry median of 0.69, Cinda Real Estate 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 Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.69, based on 1,412 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. Cinda Real Estate Co's current Cyclically Adjusted PB Ratio of 0.34 is 50.7% 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 Cinda Real Estate Co and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cinda Real Estate Co's current Cyclically Adjusted PB Ratio is 0.34, which is 49% below median its own 10-year median of 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cinda Real Estate Co stock overvalued right now?
Based on GuruFocus' analysis, Cinda Real Estate Co (SHSE:600657) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥1.73, compared to a current price of ¥2.61 — trading 50.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.34, which is 49% below median its 10-year median of 0.67 and 50.7% below the Real Estate industry median of 0.69. Cinda Real Estate Co's overall GF Score™ is 42/100 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 Cinda Real Estate Co (SHSE:600657), the current Cyclically Adjusted PB Ratio is 0.34 as of Aug. 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 Cinda Real Estate Co (SHSE:600657) Overvalued in 2026?

Based on GuruFocus' analysis, Cinda Real Estate Co stock appears to be overvalued. The current stock price of ¥2.61 is trading 50.9% above its estimated GF Value™ of ¥1.73. GuruFocus considers Cinda Real Estate Co to be Significantly Overvalued.

Key valuation signals for SHSE:600657:

  • Cyclically Adjusted PB Ratio: 0.34 (49% below median its 10-year median of 0.67)
  • GF Value™: ¥1.73 vs. price of ¥2.61 (50.9% above fair value)
  • GF Score™: 42/100 with 4 warning signs
  • Industry Position: 50.7% below the Real Estate median (#384 of 1412)

No single metric tells the full story. See the SHSE:600657 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cinda Real Estate Co Business Description

Address Jia 18 Zhong Guan Cun South Street, International Block C, 16F, Haidian District, Beijing, Beijing, CHN, 100871
Cinda Real Estate Co Ltd is a real estate company. It is engaged in real estate development and commercial housing distribution, as well as property management and leasing in China. The company includes more than ten real estate development and investment enterprises with first-class development qualifications.
42GF Score

Get the complete analysis for SHSE:600657

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

¥2.61
Price
¥1.73
GF Value