Shanghai Yatong Co (SHSE:600692) Cyclically Adjusted PB Ratio: 2.48 (As of Aug. 13, 2026) — 26% Below Median

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Director of Data and Quant Analytics at GuruFocus
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SHSE:600692 Shanghai Yatong Co Ltd SHSE:600692
54 GF Score
Price ¥6.16
GF Value ¥8.95
Valuation Possible Value Trap
! 5 Warning Signs
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What is Shanghai Yatong Co Cyclically Adjusted PB Ratio?

Shanghai Yatong Co SHSE:600692 -1.60% 54 Cyclically Adjusted PB Ratio is 2.48 as of Aug. 13, 2026, which is 26% below its 10-year median of 3.37. GuruFocus rates SHSE:600692 with a GF Score™ of 54/100 and a GF Value™ of ¥8.95 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 728 Transportation companies, Shanghai Yatong Co ranks worse than 75.69% on this metric.

As of today (2026-08-13), Shanghai Yatong Co's current share price is ¥6.16. Shanghai Yatong Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ¥2.48. Shanghai Yatong Co's Cyclically Adjusted PB Ratio for today is 2.48.

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

SHSE:600692' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.04   Med: 3.37   Max: 11.78
Current: 2.39

During the past years, Shanghai Yatong Co's highest Cyclically Adjusted PB Ratio was 11.78. The lowest was 2.04. And the median was 3.37.

SHSE:600692's Cyclically Adjusted PB Ratio is ranked worse than
75.69% of 728 companies
in the Transportation industry
Industry Median: 1.29 vs SHSE:600692: 2.39

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.

Shanghai Yatong Co's adjusted book value per share data for the three months ended in Mar. 2026 was ¥2.764. 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 ¥2.48 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shanghai Yatong Co  (SHSE:600692) 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.


Shanghai Yatong Co Cyclically Adjusted PB Ratio Related Terms


Shanghai Yatong Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Shanghai Yatong 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.

Shanghai Yatong Co Cyclically Adjusted PB Ratio Chart

Shanghai Yatong 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 2.88 2.72 2.76 3.84 2.86

Shanghai Yatong 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 3.35 3.01 3.34 2.86 3.33

Shanghai Yatong Co Cyclically Adjusted PB Ratio Competitor Comparison

For the Marine Shipping subindustry, Shanghai Yatong 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.


Shanghai Yatong Co Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Shanghai Yatong Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


SHSE:600692
54GF Score
Shanghai Yatong Co Ltd SHSE:600692
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanghai Yatong 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.

Shanghai Yatong Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.16/2.48
=2.48

* 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.

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

For example, Shanghai Yatong 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)
=2.764/116.3033*116.3033
=2.764

Current CPI (Mar. 2026) = 116.3033.

Shanghai Yatong Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.700 101.400 1.950
201609 1.759 102.400 1.998
201612 1.802 102.600 2.043
201703 1.831 103.200 2.063
201706 1.865 103.100 2.104
201709 1.910 104.100 2.134
201712 1.984 104.500 2.208
201803 2.007 105.300 2.217
201806 2.051 104.900 2.274
201809 2.084 106.600 2.274
201812 2.249 106.500 2.456
201903 2.230 107.700 2.408
201906 2.253 107.700 2.433
201909 2.271 109.800 2.406
201912 2.333 111.200 2.440
202003 2.296 112.300 2.378
202006 2.321 110.400 2.445
202009 2.311 111.700 2.406
202012 2.504 111.500 2.612
202103 2.515 112.662 2.596
202106 2.526 111.769 2.628
202109 2.545 112.215 2.638
202112 2.632 113.108 2.706
202203 2.640 114.335 2.685
202206 2.633 114.558 2.673
202209 2.600 115.339 2.622
202212 2.634 115.116 2.661
202303 2.578 115.116 2.605
202306 2.572 114.558 2.611
202309 2.577 115.339 2.599
202312 2.634 114.781 2.669
202403 2.639 115.227 2.664
202406 2.698 114.781 2.734
202409 2.653 115.785 2.665
202412 2.665 114.893 2.698
202503 2.635 115.116 2.662
202506 2.645 114.907 2.677
202509 2.629 115.471 2.648
202512 2.751 115.832 2.762
202603 2.764 116.303 2.764

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 2.48 mean?
Shanghai Yatong Co (SHSE:600692) has a Cyclically Adjusted PB Ratio of 2.48 as of Aug. 13, 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 Shanghai Yatong Co and its competitors. This is 26% below median its historical median of 3.37. Over the past decade, Shanghai Yatong Co's Cyclically Adjusted PB Ratio has ranged from 2.04 to 11.78. According to the industry distribution chart, Shanghai Yatong Co ranks #551 out of 728 companies in the Transportation industry, placing it in the top 75.7%.
Is Shanghai Yatong Co's Cyclically Adjusted PB Ratio too high?
Shanghai Yatong Co's current Cyclically Adjusted PB Ratio of 2.48 is 26% below median its 10-year median of 3.37. Over the past 10 years, this metric has ranged from a low of 2.04 to a high of 11.78. The Transportation industry median Cyclically Adjusted PB Ratio is 1.29. Shanghai Yatong Co's value of 2.48 is 92.2% above this industry median. Based on the distribution chart, Shanghai Yatong Co ranks #551 out of 728 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Shanghai Yatong Co has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shanghai Yatong Co's Cyclically Adjusted PB Ratio compare to competitors?
According to the Transportation industry distribution chart, Shanghai Yatong Co ranks #551 out of 728 companies for Cyclically Adjusted PB Ratio. This places Shanghai Yatong Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.29. Shanghai Yatong Co's value of 2.48 is 92.2% above this benchmark. Historically, Shanghai Yatong Co's own Cyclically Adjusted PB Ratio has ranged from 2.04 to 11.78 over the past decade. While the company's 10-year median is 3.37 vs. the industry median of 1.29, Shanghai Yatong 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 Transportation company?
The median Cyclically Adjusted PB Ratio among Transportation companies is 1.29, based on 728 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. Shanghai Yatong Co's current Cyclically Adjusted PB Ratio of 2.48 is 92.2% 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 Shanghai Yatong Co and its competitors. For the Transportation industry, the median Cyclically Adjusted PB Ratio is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Yatong Co's current Cyclically Adjusted PB Ratio is 2.48, which is 26% below median its own 10-year median of 3.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Yatong Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Yatong Co (SHSE:600692) is currently considered Possible Value Trap. The stock's GF Value™ is ¥8.95, compared to a current price of ¥6.16 — trading 31.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.48, which is 26% below median its 10-year median of 3.37 and 92.2% above the Transportation industry median of 1.29. Shanghai Yatong Co's overall GF Score™ is 54/100 with 5 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 Shanghai Yatong Co (SHSE:600692), the current Cyclically Adjusted PB Ratio is 2.48 as of Aug. 13, 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 Shanghai Yatong Co (SHSE:600692) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Yatong Co stock appears to be undervalued. The current stock price of ¥6.16 is trading 31.2% below its estimated GF Value™ of ¥8.95. GuruFocus considers Shanghai Yatong Co to be Possible Value Trap.

Key valuation signals for SHSE:600692:

  • Cyclically Adjusted PB Ratio: 2.48 (26% below median its 10-year median of 3.37)
  • GF Value™: ¥8.95 vs. price of ¥6.16 (31.2% below fair value)
  • GF Score™: 54/100 with 5 warning signs
  • Industry Position: 92.2% above the Transportation median (#551 of 728)

No single metric tells the full story. See the SHSE:600692 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Yatong Co Business Description

Address No. 1, Lane 780, Lvhai Road, Chengqiao Town, Chongming District, Shanghai, CHN, 202155
Shanghai Yatong Co Ltd is engaged in real estate development, communication network construction and maintenance, steel trade, concrete production and sales, and the construction and operation of photovoltaic power stations. Its real estate business focuses on commercial and affordable housing, with all commercial projects located in the Chongming District. The communication engineering segment serves telecom and tower companies. The steel trade follows an order-based purchase and sales model. The new energy segment focuses on building and operating solar and wind power stations. The company generates key revenue from the commodity sales such as steel and concrete.
54GF Score

Get the complete analysis for SHSE:600692

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

¥6.16
Price
¥8.95
GF Value