Sichuan Golden Summit Group Co (SHSE:600678) Cyclically Adjusted PB Ratio: 11.49 (As of Aug. 25, 2026) — 46% 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:600678 Sichuan Golden Summit Group Co Ltd SHSE:600678
46 GF Score
Price ¥5.40
GF Value ¥13.11
Valuation Possible Value Trap
! 9 Warning Signs
View Full Analysis

What is Sichuan Golden Summit Group Co Cyclically Adjusted PB Ratio?

Sichuan Golden Summit Group Co SHSE:600678 +1.50% 46 Cyclically Adjusted PB Ratio is 11.49 as of Aug. 25, 2026, which is 46% below its 10-year median of 21.12. GuruFocus rates SHSE:600678 with a GF Score™ of 46/100 and a GF Value™ of ¥13.11 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 296 Building Materials companies, Sichuan Golden Summit Group Co ranks worse than 96.96% on this metric.

As of today (2026-08-25), Sichuan Golden Summit Group Co's current share price is ¥5.40. Sichuan Golden Summit Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ¥0.47. Sichuan Golden Summit Group Co's Cyclically Adjusted PB Ratio for today is 11.49.

The historical rank and industry rank for Sichuan Golden Summit Group Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:600678' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 10.6   Med: 21.12   Max: 665
Current: 11.7

During the past years, Sichuan Golden Summit Group Co's highest Cyclically Adjusted PB Ratio was 665.00. The lowest was 10.60. And the median was 21.12.

SHSE:600678's Cyclically Adjusted PB Ratio is ranked worse than
96.96% of 296 companies
in the Building Materials industry
Industry Median: 0.98 vs SHSE:600678: 11.70

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.

Sichuan Golden Summit Group Co's adjusted book value per share data for the three months ended in Mar. 2026 was ¥0.739. 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 ¥0.47 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sichuan Golden Summit Group Co  (SHSE:600678) 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.


Sichuan Golden Summit Group Co Cyclically Adjusted PB Ratio Related Terms


Sichuan Golden Summit Group Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Sichuan Golden Summit 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.

Sichuan Golden Summit Group Co Cyclically Adjusted PB Ratio Chart

Sichuan Golden Summit 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 451.63 21.38 24.55 17.40 30.56

Sichuan Golden Summit Group 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 17.86 20.67 21.40 30.56 22.50

SHSE:600678 vs CRH, VMC, MLM: Cyclically Adjusted PB Ratio Comparison

For the Building Materials subindustry, Sichuan Golden Summit 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.


Sichuan Golden Summit Group Co Cyclically Adjusted PB Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Sichuan Golden Summit Group Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Sichuan Golden Summit Group Co's Cyclically Adjusted PB Ratio falls into.


SHSE:600678
46GF Score
Sichuan Golden Summit Group Co Ltd SHSE:600678
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sichuan Golden Summit 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.

Sichuan Golden Summit Group Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.40/0.47
=11.49

* 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.

Sichuan Golden Summit Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Sichuan Golden Summit Group 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)
=0.739/116.3033*116.3033
=0.739

Current CPI (Mar. 2026) = 116.3033.

Sichuan Golden Summit Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.032 101.400 0.037
201609 0.017 102.400 0.019
201612 0.008 102.600 0.009
201703 -0.014 103.200 -0.016
201706 -0.011 103.100 -0.012
201709 0.001 104.100 0.001
201712 0.080 104.500 0.089
201803 0.099 105.300 0.109
201806 0.139 104.900 0.154
201809 0.189 106.600 0.206
201812 0.197 106.500 0.215
201903 0.210 107.700 0.227
201906 0.248 107.700 0.268
201909 0.297 109.800 0.315
201912 0.348 111.200 0.364
202003 0.355 112.300 0.368
202006 0.417 110.400 0.439
202009 0.450 111.700 0.469
202012 0.464 111.500 0.484
202103 0.532 112.662 0.549
202106 0.621 111.769 0.646
202109 0.661 112.215 0.685
202112 0.693 113.108 0.713
202203 0.724 114.335 0.736
202206 0.756 114.558 0.768
202209 0.738 115.339 0.744
202212 0.761 115.116 0.769
202303 0.754 115.116 0.762
202306 0.766 114.558 0.778
202309 0.740 115.339 0.746
202312 0.641 114.781 0.650
202403 0.633 115.227 0.639
202406 0.636 114.781 0.644
202409 0.642 115.785 0.645
202412 0.636 114.893 0.644
202503 0.725 115.116 0.732
202506 0.783 114.907 0.793
202509 0.808 115.471 0.814
202512 0.723 115.832 0.726
202603 0.739 116.303 0.739

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 11.49 mean?
Sichuan Golden Summit Group Co (SHSE:600678) has a Cyclically Adjusted PB Ratio of 11.49 as of Aug. 25, 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 Sichuan Golden Summit Group Co and its competitors. This is 46% below median its historical median of 21.12. Over the past decade, Sichuan Golden Summit Group Co's Cyclically Adjusted PB Ratio has ranged from 10.60 to 665.00. According to the industry distribution chart, Sichuan Golden Summit Group Co ranks #287 out of 296 companies in the Building Materials industry, placing it in the top 97%.
Is Sichuan Golden Summit Group Co's Cyclically Adjusted PB Ratio too high?
Sichuan Golden Summit Group Co's current Cyclically Adjusted PB Ratio of 11.49 is 46% below median its 10-year median of 21.12. Over the past 10 years, this metric has ranged from a low of 10.60 to a high of 665.00. The Building Materials industry median Cyclically Adjusted PB Ratio is 0.98. Sichuan Golden Summit Group Co's value of 11.49 is 1072.4% above this industry median. Based on the distribution chart, Sichuan Golden Summit Group Co ranks #287 out of 296 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, Sichuan Golden Summit Group Co has a GF Score™ of 46/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Sichuan Golden Summit Group Co's Cyclically Adjusted PB Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, Sichuan Golden Summit Group Co ranks #287 out of 296 companies for Cyclically Adjusted PB Ratio. This places Sichuan Golden Summit Group Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.98. Sichuan Golden Summit Group Co's value of 11.49 is 1072.4% above this benchmark. Historically, Sichuan Golden Summit Group Co's own Cyclically Adjusted PB Ratio has ranged from 10.60 to 665.00 over the past decade. While the company's 10-year median is 21.12 vs. the industry median of 0.98, Sichuan Golden Summit Group Co 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 a Building Materials company?
The median Cyclically Adjusted PB Ratio among Building Materials companies is 0.98, based on 296 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. Sichuan Golden Summit Group Co's current Cyclically Adjusted PB Ratio of 11.49 is 1072.4% 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 Sichuan Golden Summit Group Co and its competitors. For the Building Materials industry, the median Cyclically Adjusted PB Ratio is 0.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sichuan Golden Summit Group Co's current Cyclically Adjusted PB Ratio is 11.49, which is 46% below median its own 10-year median of 21.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sichuan Golden Summit Group Co stock overvalued right now?
Based on GuruFocus' analysis, Sichuan Golden Summit Group Co (SHSE:600678) is currently considered Possible Value Trap. The stock's GF Value™ is ¥13.11, compared to a current price of ¥5.40 — trading 58.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 11.49, which is 46% below median its 10-year median of 21.12 and 1072.4% above the Building Materials industry median of 0.98. Sichuan Golden Summit Group Co's overall GF Score™ is 46/100 with 9 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 Sichuan Golden Summit Group Co (SHSE:600678), the current Cyclically Adjusted PB Ratio is 11.49 as of Aug. 25, 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 Sichuan Golden Summit Group Co (SHSE:600678) Overvalued in 2026?

Based on GuruFocus' analysis, Sichuan Golden Summit Group Co stock appears to be undervalued. The current stock price of ¥5.40 is trading 58.8% below its estimated GF Value™ of ¥13.11. GuruFocus considers Sichuan Golden Summit Group Co to be Possible Value Trap.

Key valuation signals for SHSE:600678:

  • Cyclically Adjusted PB Ratio: 11.49 (46% below median its 10-year median of 21.12)
  • GF Value™: ¥13.11 vs. price of ¥5.40 (58.8% below fair value)
  • GF Score™: 46/100 with 9 warning signs
  • Industry Position: 1072.4% above the Building Materials median (#287 of 296)

No single metric tells the full story. See the SHSE:600678 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sichuan Golden Summit Group Co Business Description

Address No. 166, Xinnongcun Group 1, Jiuli Town, Emeishan City, Sichuan Province, Leshan, CHN, 614224
Sichuan Golden Summit Group Co Ltd main business is non-metallic mineral mining, processing and product sales. The group company has formed an industrial chain of limestone mining, processing, product sales, and warehousing logistics.
46GF Score

Get the complete analysis for SHSE:600678

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

¥5.40
Price
¥13.11
GF Value