China Enterprise Co (SHSE:600675) Cyclically Adjusted PB Ratio: (As of Aug. 27, 2026)

Author: Vera Yuan Vera Yuan
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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.
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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:600675 China Enterprise Co Ltd SHSE:600675
53 GF Score
Price ¥2.31
GF Value ¥2.76
Valuation Modestly Undervalued
! 6 Warning Signs
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What is China Enterprise Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


China Enterprise Co  (SHSE:600675) 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.


China Enterprise Co Cyclically Adjusted PB Ratio Related Terms


China Enterprise Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for China Enterprise 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.

China Enterprise Co Cyclically Adjusted PB Ratio Chart

China Enterprise 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 1.23 1.27 1.34 1.23 1.16

China Enterprise 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 1.26 1.28 1.16 1.10 0.00

China Enterprise Co Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, China Enterprise 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.


China Enterprise Co Cyclically Adjusted PB Ratio vs Real Estate Industry

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

* The bar in red indicates where China Enterprise Co's Cyclically Adjusted PB Ratio falls into.


SHSE:600675
53GF Score
China Enterprise Co Ltd SHSE:600675
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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China Enterprise 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.

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

For example, China Enterprise 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)
=1.925/116.0564*116.0564
=1.925

Current CPI (Jun. 2026) = 116.0564.

China Enterprise Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 1.298 102.400 1.471
201612 1.454 102.600 1.645
201703 1.458 103.200 1.640
201706 1.621 103.100 1.825
201709 1.583 104.100 1.765
201712 5.145 104.500 5.714
201803 0.647 105.300 0.713
201806 1.775 104.900 1.964
201809 1.641 106.600 1.787
201812 2.256 106.500 2.458
201903 2.471 107.700 2.663
201906 2.380 107.700 2.565
201909 2.412 109.800 2.549
201912 2.491 111.200 2.600
202003 2.511 112.300 2.595
202006 2.451 110.400 2.577
202009 2.456 111.700 2.552
202012 2.579 111.500 2.684
202103 2.588 112.662 2.666
202106 2.579 111.769 2.678
202109 2.585 112.215 2.673
202112 2.548 113.108 2.614
202203 2.530 114.335 2.568
202206 2.443 114.558 2.475
202209 2.419 115.339 2.434
202212 2.361 115.116 2.380
202303 2.455 115.116 2.475
202306 2.325 114.558 2.355
202309 2.471 115.339 2.486
202312 2.433 114.781 2.460
202403 2.398 115.227 2.415
202406 2.347 114.781 2.373
202409 2.338 115.785 2.343
202412 2.371 114.893 2.395
202503 2.447 115.116 2.467
202506 2.457 114.907 2.482
202509 2.428 115.471 2.440
202512 2.390 115.832 2.395
202603 2.374 116.303 2.369
202606 1.925 116.056 1.925

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.

Is China Enterprise Co (SHSE:600675) Overvalued in 2026?

Based on GuruFocus' analysis, China Enterprise Co stock appears to be undervalued. The current stock price of ¥2.31 is trading 16.3% below its estimated GF Value™ of ¥2.76. GuruFocus considers China Enterprise Co to be Modestly Undervalued.

Key valuation signals for SHSE:600675:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ¥2.76 vs. price of ¥2.31 (16.3% below fair value)
  • GF Score™: 53/100 with 6 warning signs

No single metric tells the full story. See the SHSE:600675 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Enterprise Co Business Description

Address No. 2 Huashan Road, Shanghai, CHN, 200125
China Enterprise Co Ltd is principally engaged in the development and operation of real estate. The company provides housing renovation, housing loans, real estate brokerage, and other services. China Enterprise also provides repair services.
53GF Score

Get the complete analysis for SHSE:600675

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

¥2.31
Price
¥2.76
GF Value