Fujian Dongbai (Group) Co (SHSE:600693) Cyclically Adjusted PB Ratio: 2.78 (As of Aug. 09, 2026) — 29% Above Median

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SHSE:600693 Fujian Dongbai (Group) Co Ltd SHSE:600693
50 GF Score
Price ¥9.61
GF Value ¥4.59
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Fujian Dongbai (Group) Co Cyclically Adjusted PB Ratio?

Fujian Dongbai (Group) Co SHSE:600693 +0.63% 50 Cyclically Adjusted PB Ratio is 2.78 as of Aug. 09, 2026, which is 29% above its 10-year median of 2.16. GuruFocus rates SHSE:600693 with a GF Score™ of 50/100 and a GF Value™ of ¥4.59 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 803 Retail - Cyclical companies, Fujian Dongbai (Group) Co ranks worse than 75.72% on this metric.

As of today (2026-08-09), Fujian Dongbai (Group) Co's current share price is ¥9.61. Fujian Dongbai (Group) Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ¥3.46. Fujian Dongbai (Group) Co's Cyclically Adjusted PB Ratio for today is 2.78.

The historical rank and industry rank for Fujian Dongbai (Group) Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:600693' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.9   Med: 2.16   Max: 9.34
Current: 2.78

During the past years, Fujian Dongbai (Group) Co's highest Cyclically Adjusted PB Ratio was 9.34. The lowest was 0.90. And the median was 2.16.

SHSE:600693's Cyclically Adjusted PB Ratio is ranked worse than
75.72% of 803 companies
in the Retail - Cyclical industry
Industry Median: 1.24 vs SHSE:600693: 2.78

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.

Fujian Dongbai (Group) Co's adjusted book value per share data for the three months ended in Mar. 2026 was ¥4.149. 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 ¥3.46 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fujian Dongbai (Group) Co  (SHSE:600693) 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.


Fujian Dongbai (Group) Co Cyclically Adjusted PB Ratio Related Terms


Fujian Dongbai (Group) Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Fujian Dongbai (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.

Fujian Dongbai (Group) Co Cyclically Adjusted PB Ratio Chart

Fujian Dongbai (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 1.60 1.75 1.34 2.19 5.24

Fujian Dongbai (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 1.90 1.83 1.76 5.24 3.27

SHSE:600693 vs DDS: Cyclically Adjusted PB Ratio Comparison

For the Department Stores subindustry, Fujian Dongbai (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.


Fujian Dongbai (Group) Co Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Fujian Dongbai (Group) Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Fujian Dongbai (Group) Co's Cyclically Adjusted PB Ratio falls into.


SHSE:600693
50GF Score
Fujian Dongbai (Group) Co Ltd SHSE:600693
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Fujian Dongbai (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.

Fujian Dongbai (Group) Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.61/3.46
=2.78

* 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.

Fujian Dongbai (Group) Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Fujian Dongbai (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)
=4.149/116.3033*116.3033
=4.149

Current CPI (Mar. 2026) = 116.3033.

Fujian Dongbai (Group) Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.029 101.400 2.327
201609 2.027 102.400 2.302
201612 2.130 102.600 2.414
201703 2.164 103.200 2.439
201706 2.234 103.100 2.520
201709 2.284 104.100 2.552
201712 2.405 104.500 2.677
201803 2.422 105.300 2.675
201806 2.328 104.900 2.581
201809 2.333 106.600 2.545
201812 2.584 106.500 2.822
201903 2.615 107.700 2.824
201906 2.519 107.700 2.720
201909 2.680 109.800 2.839
201912 3.795 111.200 3.969
202003 2.804 112.300 2.904
202006 2.953 110.400 3.111
202009 2.957 111.700 3.079
202012 3.665 111.500 3.823
202103 3.774 112.662 3.896
202106 3.819 111.769 3.974
202109 3.824 112.215 3.963
202112 3.825 113.108 3.933
202203 3.858 114.335 3.924
202206 3.935 114.558 3.995
202209 4.067 115.339 4.101
202212 4.022 115.116 4.063
202303 4.059 115.116 4.101
202306 4.050 114.558 4.112
202309 4.052 115.339 4.086
202312 4.010 114.781 4.063
202403 4.054 115.227 4.092
202406 4.085 114.781 4.139
202409 4.053 115.785 4.071
202412 4.041 114.893 4.091
202503 4.087 115.116 4.129
202506 4.093 114.907 4.143
202509 4.062 115.471 4.091
202512 4.097 115.832 4.114
202603 4.149 116.303 4.149

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 2.78 mean?
Fujian Dongbai (Group) Co (SHSE:600693) has a Cyclically Adjusted PB Ratio of 2.78 as of Aug. 09, 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 Fujian Dongbai (Group) Co and its competitors. This is 29% above median its historical median of 2.16. Over the past decade, Fujian Dongbai (Group) Co's Cyclically Adjusted PB Ratio has ranged from 0.90 to 9.34. According to the industry distribution chart, Fujian Dongbai (Group) Co ranks #608 out of 803 companies in the Retail - Cyclical industry, placing it in the top 75.7%.
Is Fujian Dongbai (Group) Co's Cyclically Adjusted PB Ratio too high?
Fujian Dongbai (Group) Co's current Cyclically Adjusted PB Ratio of 2.78 is 29% above median its 10-year median of 2.16. Over the past 10 years, this metric has ranged from a low of 0.90 to a high of 9.34. The Retail - Cyclical industry median Cyclically Adjusted PB Ratio is 1.24. Fujian Dongbai (Group) Co's value of 2.78 is 124.2% above this industry median. Based on the distribution chart, Fujian Dongbai (Group) Co ranks #608 out of 803 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Fujian Dongbai (Group) Co has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fujian Dongbai (Group) Co's Cyclically Adjusted PB Ratio compare to DDS?
According to the Retail - Cyclical industry distribution chart, Fujian Dongbai (Group) Co ranks #608 out of 803 companies for Cyclically Adjusted PB Ratio. This places Fujian Dongbai (Group) Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.24. Fujian Dongbai (Group) Co's value of 2.78 is 124.2% above this benchmark. Historically, Fujian Dongbai (Group) Co's own Cyclically Adjusted PB Ratio has ranged from 0.90 to 9.34 over the past decade. While the company's 10-year median is 2.16 vs. the industry median of 1.24, Fujian Dongbai (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 Retail - Cyclical company?
The median Cyclically Adjusted PB Ratio among Retail - Cyclical companies is 1.24, based on 803 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. Fujian Dongbai (Group) Co's current Cyclically Adjusted PB Ratio of 2.78 is 124.2% 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 Fujian Dongbai (Group) Co and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PB Ratio is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fujian Dongbai (Group) Co's current Cyclically Adjusted PB Ratio is 2.78, which is 29% above median its own 10-year median of 2.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fujian Dongbai (Group) Co stock overvalued right now?
Based on GuruFocus' analysis, Fujian Dongbai (Group) Co (SHSE:600693) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥4.59, compared to a current price of ¥9.61 — trading 109.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.78, which is 29% above median its 10-year median of 2.16 and 124.2% above the Retail - Cyclical industry median of 1.24. Fujian Dongbai (Group) Co's overall GF Score™ is 50/100 with 6 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 Fujian Dongbai (Group) Co (SHSE:600693), the current Cyclically Adjusted PB Ratio is 2.78 as of Aug. 09, 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 Fujian Dongbai (Group) Co (SHSE:600693) Overvalued in 2026?

Based on GuruFocus' analysis, Fujian Dongbai (Group) Co stock appears to be overvalued. The current stock price of ¥9.61 is trading 109.4% above its estimated GF Value™ of ¥4.59. GuruFocus considers Fujian Dongbai (Group) Co to be Significantly Overvalued.

Key valuation signals for SHSE:600693:

  • Cyclically Adjusted PB Ratio: 2.78 (29% above median its 10-year median of 2.16)
  • GF Value™: ¥4.59 vs. price of ¥9.61 (109.4% above fair value)
  • GF Score™: 50/100 with 6 warning signs
  • Industry Position: 124.2% above the Retail - Cyclical median (#608 of 803)

No single metric tells the full story. See the SHSE:600693 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fujian Dongbai (Group) Co Business Description

Address Bayiqi North Road, No. 84-185, Gulou District, Fuzhou, Fujian, CHN, 350001
Fujian Dongbai (Group) Co Ltd operates in the retail business. The company operates a department store and shopping mall chain that deals with fashion brands, jewelry, men and female clothing, shoes, and other categories.
50GF Score

Get the complete analysis for SHSE:600693

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

¥9.61
Price
¥4.59
GF Value