Changchun Eurasia Group Co (SHSE:600697) Cyclically Adjusted PB Ratio: 0.58 (As of Aug. 04, 2026) — 34% 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:600697 Changchun Eurasia Group Co Ltd SHSE:600697
50 GF Score
Price ¥10.47
GF Value ¥11.49
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Changchun Eurasia Group Co Cyclically Adjusted PB Ratio?

Changchun Eurasia Group Co SHSE:600697 +0.19% 50 Cyclically Adjusted PB Ratio is 0.58 as of Aug. 04, 2026, which is 34% below its 10-year median of 0.88. GuruFocus rates SHSE:600697 with a GF Score™ of 50/100 and a GF Value™ of ¥11.49 (Fairly Valued). The stock has 7 warning signs investors should review. Among 806 Retail - Cyclical companies, Changchun Eurasia Group Co ranks better than 75.68% on this metric.

As of today (2026-08-04), Changchun Eurasia Group Co's current share price is ¥10.47. Changchun Eurasia Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ¥18.03. Changchun Eurasia Group Co's Cyclically Adjusted PB Ratio for today is 0.58.

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

SHSE:600697' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.52   Med: 0.88   Max: 4.97
Current: 0.52

During the past years, Changchun Eurasia Group Co's highest Cyclically Adjusted PB Ratio was 4.97. The lowest was 0.52. And the median was 0.88.

SHSE:600697's Cyclically Adjusted PB Ratio is ranked better than
75.68% of 806 companies
in the Retail - Cyclical industry
Industry Median: 1.25 vs SHSE:600697: 0.52

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.

Changchun Eurasia Group Co's adjusted book value per share data for the three months ended in Mar. 2026 was ¥14.056. 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 ¥18.03 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Changchun Eurasia Group Co  (SHSE:600697) 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.


Changchun Eurasia Group Co Cyclically Adjusted PB Ratio Related Terms


Changchun Eurasia Group Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Changchun Eurasia 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.

Changchun Eurasia Group Co Cyclically Adjusted PB Ratio Chart

Changchun Eurasia 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 0.79 0.84 0.74 0.73 0.73

Changchun Eurasia 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 0.61 0.68 0.72 0.73 0.67

SHSE:600697 vs DDS: Cyclically Adjusted PB Ratio Comparison

For the Department Stores subindustry, Changchun Eurasia 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.


Changchun Eurasia Group Co Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

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

* The bar in red indicates where Changchun Eurasia Group Co's Cyclically Adjusted PB Ratio falls into.


SHSE:600697
50GF Score
Changchun Eurasia Group Co Ltd SHSE:600697
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Changchun Eurasia 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.

Changchun Eurasia Group Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.47/18.03
=0.58

* 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.

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

For example, Changchun Eurasia 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)
=14.056/116.3033*116.3033
=14.056

Current CPI (Mar. 2026) = 116.3033.

Changchun Eurasia Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 12.540 101.400 14.383
201609 16.440 102.400 18.672
201612 17.148 102.600 19.438
201703 17.384 103.200 19.591
201706 17.862 103.100 20.149
201709 17.932 104.100 20.034
201712 18.467 104.500 20.553
201803 18.777 105.300 20.739
201806 19.257 104.900 21.350
201809 19.161 106.600 20.905
201812 19.399 106.500 21.185
201903 19.829 107.700 21.413
201906 20.324 107.700 21.948
201909 20.182 109.800 21.377
201912 20.282 111.200 21.213
202003 20.750 112.300 21.490
202006 20.980 110.400 22.102
202009 20.897 111.700 21.758
202012 20.466 111.500 21.348
202103 20.540 112.662 21.204
202106 20.574 111.769 21.409
202109 16.563 112.215 17.166
202112 16.338 113.108 16.800
202203 16.358 114.335 16.640
202206 15.795 114.558 16.036
202209 15.736 115.339 15.868
202212 14.993 115.116 15.148
202303 15.045 115.116 15.200
202306 15.062 114.558 15.291
202309 14.690 115.339 14.813
202312 14.695 114.781 14.890
202403 14.780 115.227 14.918
202406 14.786 114.781 14.982
202409 14.697 115.785 14.763
202412 14.410 114.893 14.587
202503 14.431 115.116 14.580
202506 14.501 114.907 14.677
202509 14.423 115.471 14.527
202512 13.997 115.832 14.054
202603 14.056 116.303 14.056

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 0.58 mean?
Changchun Eurasia Group Co (SHSE:600697) has a Cyclically Adjusted PB Ratio of 0.58 as of Aug. 04, 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 Changchun Eurasia Group Co and its competitors. This is 34% below median its historical median of 0.88. Over the past decade, Changchun Eurasia Group Co's Cyclically Adjusted PB Ratio has ranged from 0.52 to 4.97. According to the industry distribution chart, Changchun Eurasia Group Co ranks #196 out of 806 companies in the Retail - Cyclical industry, placing it in the top 24.3%.
Is Changchun Eurasia Group Co's Cyclically Adjusted PB Ratio too high?
Changchun Eurasia Group Co's current Cyclically Adjusted PB Ratio of 0.58 is 34% below median its 10-year median of 0.88. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 4.97. The Retail - Cyclical industry median Cyclically Adjusted PB Ratio is 1.25. Changchun Eurasia Group Co's value of 0.58 is 53.6% below this industry median. Based on the distribution chart, Changchun Eurasia Group Co ranks #196 out of 806 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Changchun Eurasia Group Co has a GF Score™ of 50/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Changchun Eurasia Group Co's Cyclically Adjusted PB Ratio compare to DDS?
According to the Retail - Cyclical industry distribution chart, Changchun Eurasia Group Co ranks #196 out of 806 companies for Cyclically Adjusted PB Ratio. This places Changchun Eurasia Group Co in the top 24% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.25. Changchun Eurasia Group Co's value of 0.58 is 53.6% below this benchmark. Historically, Changchun Eurasia Group Co's own Cyclically Adjusted PB Ratio has ranged from 0.52 to 4.97 over the past decade. While the company's 10-year median is 0.88 vs. the industry median of 1.25, Changchun Eurasia Group Co has consistently been below 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 1.25, based on 806 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. Changchun Eurasia Group Co's current Cyclically Adjusted PB Ratio of 0.58 is 53.6% below 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 Changchun Eurasia Group Co and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PB Ratio is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Changchun Eurasia Group Co's current Cyclically Adjusted PB Ratio is 0.58, which is 34% below median its own 10-year median of 0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Changchun Eurasia Group Co stock overvalued right now?
Based on GuruFocus' analysis, Changchun Eurasia Group Co (SHSE:600697) is currently considered Fairly Valued. The stock's GF Value™ is ¥11.49, compared to a current price of ¥10.47 — trading 8.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.58, which is 34% below median its 10-year median of 0.88 and 53.6% below the Retail - Cyclical industry median of 1.25. Changchun Eurasia Group Co's overall GF Score™ is 50/100 with 7 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 Changchun Eurasia Group Co (SHSE:600697), the current Cyclically Adjusted PB Ratio is 0.58 as of Aug. 04, 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 Changchun Eurasia Group Co (SHSE:600697) Overvalued in 2026?

Based on GuruFocus' analysis, Changchun Eurasia Group Co stock appears to be undervalued. The current stock price of ¥10.47 is trading 8.9% below its estimated GF Value™ of ¥11.49. GuruFocus considers Changchun Eurasia Group Co to be Fairly Valued.

Key valuation signals for SHSE:600697:

  • Cyclically Adjusted PB Ratio: 0.58 (34% below median its 10-year median of 0.88)
  • GF Value™: ¥11.49 vs. price of ¥10.47 (8.9% below fair value)
  • GF Score™: 50/100 with 7 warning signs
  • Industry Position: 53.6% below the Retail - Cyclical median (#196 of 806)

No single metric tells the full story. See the SHSE:600697 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Changchun Eurasia Group Co Business Description

Address No. 2686 Feiyue Road, Changchun, CHN, 130012
Changchun Eurasia Group Co Ltd operates departmental stores, shopping centers, and supermarket chains. The company offers various products.
50GF Score

Get the complete analysis for SHSE:600697

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

¥10.47
Price
¥11.49
GF Value