Guangzhou Pearl River Development Group Co (SHSE:600684) Cyclically Adjusted PB Ratio: 1.44 (As of Aug. 15, 2026) — Near Median

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SHSE:600684 Guangzhou Pearl River Development Group Co Ltd SHSE:600684
60 GF Score
Price ¥3.38
GF Value ¥4.02
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Guangzhou Pearl River Development Group Co Cyclically Adjusted PB Ratio?

Guangzhou Pearl River Development Group Co SHSE:600684 -1.74% 60 Cyclically Adjusted PB Ratio is 1.44 as of Aug. 15, 2026, which is 4% above its 10-year median of 1.39. GuruFocus rates SHSE:600684 with a GF Score™ of 60/100 and a GF Value™ of ¥4.02 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,401 Real Estate companies, Guangzhou Pearl River Development Group Co ranks worse than 77.94% on this metric.

As of today (2026-08-15), Guangzhou Pearl River Development Group Co's current share price is ¥3.38. Guangzhou Pearl River Development Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ¥2.34. Guangzhou Pearl River Development Group Co's Cyclically Adjusted PB Ratio for today is 1.44.

The historical rank and industry rank for Guangzhou Pearl River Development Group Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:600684' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.91   Med: 1.39   Max: 4.45
Current: 1.44

During the past years, Guangzhou Pearl River Development Group Co's highest Cyclically Adjusted PB Ratio was 4.45. The lowest was 0.91. And the median was 1.39.

SHSE:600684's Cyclically Adjusted PB Ratio is ranked worse than
77.94% of 1401 companies
in the Real Estate industry
Industry Median: 0.69 vs SHSE:600684: 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.

Guangzhou Pearl River Development Group Co's adjusted book value per share data for the three months ended in Mar. 2026 was ¥1.139. 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 ¥2.34 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Guangzhou Pearl River Development Group Co  (SHSE:600684) 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.


Guangzhou Pearl River Development Group Co Cyclically Adjusted PB Ratio Related Terms


Guangzhou Pearl River Development Group Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Guangzhou Pearl River Development 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.

Guangzhou Pearl River Development Group Co Cyclically Adjusted PB Ratio Chart

Guangzhou Pearl River Development 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 1.19 1.27 1.24 1.27 1.83

Guangzhou Pearl River Development 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 1.34 1.79 2.61 1.83 2.14

Guangzhou Pearl River Development Group Co Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, Guangzhou Pearl River Development 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.


Guangzhou Pearl River Development Group Co Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Guangzhou Pearl River Development Group Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Guangzhou Pearl River Development Group Co's Cyclically Adjusted PB Ratio falls into.


SHSE:600684
60GF Score
Guangzhou Pearl River Development Group Co Ltd SHSE:600684
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Guangzhou Pearl River Development 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.

Guangzhou Pearl River Development Group Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.38/2.34
=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.

Guangzhou Pearl River Development Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Guangzhou Pearl River Development 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)
=1.139/116.3033*116.3033
=1.139

Current CPI (Mar. 2026) = 116.3033.

Guangzhou Pearl River Development Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.816 101.400 3.230
201609 2.931 102.400 3.329
201612 3.020 102.600 3.423
201703 3.152 103.200 3.552
201706 3.285 103.100 3.706
201709 3.359 104.100 3.753
201712 3.396 104.500 3.780
201803 3.571 105.300 3.944
201806 3.674 104.900 4.073
201809 3.695 106.600 4.031
201812 3.633 106.500 3.967
201903 3.715 107.700 4.012
201906 3.693 107.700 3.988
201909 3.651 109.800 3.867
201912 3.329 111.200 3.482
202003 3.265 112.300 3.381
202006 3.043 110.400 3.206
202009 3.057 111.700 3.183
202012 2.471 111.500 2.577
202103 2.900 112.662 2.994
202106 2.872 111.769 2.989
202109 2.774 112.215 2.875
202112 2.542 113.108 2.614
202203 2.389 114.335 2.430
202206 1.626 114.558 1.651
202209 0.793 115.339 0.800
202212 0.827 115.116 0.836
202303 0.538 115.116 0.544
202306 0.512 114.558 0.520
202309 0.504 115.339 0.508
202312 0.520 114.781 0.527
202403 0.518 115.227 0.523
202406 0.514 114.781 0.521
202409 0.541 115.785 0.543
202412 0.539 114.893 0.546
202503 0.546 115.116 0.552
202506 0.562 114.907 0.569
202509 0.449 115.471 0.452
202512 1.145 115.832 1.150
202603 1.139 116.303 1.139

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?
Guangzhou Pearl River Development Group Co (SHSE:600684) has a Cyclically Adjusted PB Ratio of 1.44 as of Aug. 15, 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 Guangzhou Pearl River Development Group Co and its competitors. This is near median its historical median of 1.39. Over the past decade, Guangzhou Pearl River Development Group Co's Cyclically Adjusted PB Ratio has ranged from 0.91 to 4.45. According to the industry distribution chart, Guangzhou Pearl River Development Group Co ranks #1092 out of 1401 companies in the Real Estate industry, placing it in the top 77.9%.
Is Guangzhou Pearl River Development Group Co's Cyclically Adjusted PB Ratio too high?
Guangzhou Pearl River Development Group Co's current Cyclically Adjusted PB Ratio of 1.44 is near median its 10-year median of 1.39. Over the past 10 years, this metric has ranged from a low of 0.91 to a high of 4.45. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.69. Guangzhou Pearl River Development Group Co's value of 1.44 is 108.7% above this industry median. Based on the distribution chart, Guangzhou Pearl River Development Group Co ranks #1092 out of 1401 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Guangzhou Pearl River Development Group Co has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Guangzhou Pearl River Development Group Co's Cyclically Adjusted PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Guangzhou Pearl River Development Group Co ranks #1092 out of 1401 companies for Cyclically Adjusted PB Ratio. This places Guangzhou Pearl River Development Group Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.69. Guangzhou Pearl River Development Group Co's value of 1.44 is 108.7% above this benchmark. Historically, Guangzhou Pearl River Development Group Co's own Cyclically Adjusted PB Ratio has ranged from 0.91 to 4.45 over the past decade. While the company's 10-year median is 1.39 vs. the industry median of 0.69, Guangzhou Pearl River Development 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 Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.69, based on 1,401 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. Guangzhou Pearl River Development Group Co's current Cyclically Adjusted PB Ratio of 1.44 is 108.7% 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 Guangzhou Pearl River Development Group 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. Guangzhou Pearl River Development Group Co's current Cyclically Adjusted PB Ratio is 1.44, which is near median its own 10-year median of 1.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guangzhou Pearl River Development Group Co stock overvalued right now?
Based on GuruFocus' analysis, Guangzhou Pearl River Development Group Co (SHSE:600684) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥4.02, compared to a current price of ¥3.38 — trading 15.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.44, which is near median its 10-year median of 1.39 and 108.7% above the Real Estate industry median of 0.69. Guangzhou Pearl River Development Group Co's overall GF Score™ is 60/100 with 3 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 Guangzhou Pearl River Development Group Co (SHSE:600684), the current Cyclically Adjusted PB Ratio is 1.44 as of Aug. 15, 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 Guangzhou Pearl River Development Group Co (SHSE:600684) Overvalued in 2026?

Based on GuruFocus' analysis, Guangzhou Pearl River Development Group Co stock appears to be undervalued. The current stock price of ¥3.38 is trading 15.9% below its estimated GF Value™ of ¥4.02. GuruFocus considers Guangzhou Pearl River Development Group Co to be Modestly Undervalued.

Key valuation signals for SHSE:600684:

  • Cyclically Adjusted PB Ratio: 1.44 (near median its 10-year median of 1.39)
  • GF Value™: ¥4.02 vs. price of ¥3.38 (15.9% below fair value)
  • GF Score™: 60/100 with 3 warning signs
  • Industry Position: 108.7% above the Real Estate median (#1092 of 1401)

No single metric tells the full story. See the SHSE:600684 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Guangzhou Pearl River Development Group Co Business Description

Address No. 362-366 Huanshi East Road, Haoshijie Square, 30F, Guangzhou, Guangdong, CHN, 510060
Guangzhou Pearl River Development Group Co Ltd is engaged in the development and operation of real estate in China. The company is also involved in the property leasing and management business.
60GF Score

Get the complete analysis for SHSE:600684

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

¥3.38
Price
¥4.02
GF Value