Jiangsu Phoenix Property Investment Co (SHSE:600716) Cyclically Adjusted PB Ratio: 0.68 (As of Sep. 02, 2026) — 33% 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:600716 Jiangsu Phoenix Property Investment Co Ltd SHSE:600716
57 GF Score
Price ¥3.71
GF Value ¥2.97
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Jiangsu Phoenix Property Investment Co Cyclically Adjusted PB Ratio?

Jiangsu Phoenix Property Investment Co SHSE:600716 -0.54% 57 Cyclically Adjusted PB Ratio is 0.68 as of Sep. 02, 2026, which is 33% below its 10-year median of 1.02. GuruFocus rates SHSE:600716 with a GF Score™ of 57/100 and a GF Value™ of ¥2.97 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,301 Real Estate companies, Jiangsu Phoenix Property Investment Co ranks worse than 50.81% on this metric.

As of today (2026-09-02), Jiangsu Phoenix Property Investment Co's current share price is ¥3.71. Jiangsu Phoenix Property Investment Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ¥5.47. Jiangsu Phoenix Property Investment Co's Cyclically Adjusted PB Ratio for today is 0.68.

The historical rank and industry rank for Jiangsu Phoenix Property Investment Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:600716' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.49   Med: 1.02   Max: 4.06
Current: 0.69

During the past years, Jiangsu Phoenix Property Investment Co's highest Cyclically Adjusted PB Ratio was 4.06. The lowest was 0.49. And the median was 1.02.

SHSE:600716's Cyclically Adjusted PB Ratio is ranked worse than
50.81% of 1301 companies
in the Real Estate industry
Industry Median: 0.67 vs SHSE:600716: 0.69

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.

Jiangsu Phoenix Property Investment Co's adjusted book value per share data for the three months ended in Jun. 2026 was ¥4.358. 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 ¥5.47 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jiangsu Phoenix Property Investment Co  (SHSE:600716) 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.


Jiangsu Phoenix Property Investment Co Cyclically Adjusted PB Ratio Related Terms


Jiangsu Phoenix Property Investment Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Jiangsu Phoenix Property Investment 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.

Jiangsu Phoenix Property Investment Co Cyclically Adjusted PB Ratio Chart

Jiangsu Phoenix Property Investment 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 0.94 0.83 0.74 0.73 0.71

Jiangsu Phoenix Property Investment Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.70 0.71 0.71 0.83 0.61

SHSE:600716 vs CBRE, BEKE, JLL: Cyclically Adjusted PB Ratio Comparison

For the Real Estate Services subindustry, Jiangsu Phoenix Property Investment 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.


Jiangsu Phoenix Property Investment Co Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Jiangsu Phoenix Property Investment Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Jiangsu Phoenix Property Investment Co's Cyclically Adjusted PB Ratio falls into.


SHSE:600716
57GF Score
Jiangsu Phoenix Property Investment Co Ltd SHSE:600716
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jiangsu Phoenix Property Investment 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.

Jiangsu Phoenix Property Investment Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.71/5.47
=0.68

* 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.

Jiangsu Phoenix Property Investment Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Jiangsu Phoenix Property Investment Co's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=4.358/116.0564*116.0564
=4.358

Current CPI (Jun. 2026) = 116.0564.

Jiangsu Phoenix Property Investment Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 3.703 102.400 4.197
201612 3.747 102.600 4.238
201703 3.735 103.200 4.200
201706 3.669 103.100 4.130
201709 3.546 104.100 3.953
201712 3.482 104.500 3.867
201803 3.433 105.300 3.784
201806 4.828 104.900 5.341
201809 4.528 106.600 4.930
201812 5.099 106.500 5.557
201903 6.096 107.700 6.569
201906 5.325 107.700 5.738
201909 5.327 109.800 5.631
201912 6.128 111.200 6.396
202003 6.575 112.300 6.795
202006 6.424 110.400 6.753
202009 6.381 111.700 6.630
202012 6.120 111.500 6.370
202103 5.846 112.662 6.022
202106 6.268 111.769 6.508
202109 6.225 112.215 6.438
202112 6.163 113.108 6.324
202203 5.998 114.335 6.088
202206 6.028 114.558 6.107
202209 5.889 115.339 5.926
202212 5.469 115.116 5.514
202303 5.629 115.116 5.675
202306 5.539 114.558 5.611
202309 5.543 115.339 5.577
202312 5.484 114.781 5.545
202403 5.436 115.227 5.475
202406 5.429 114.781 5.489
202409 5.685 115.785 5.698
202412 5.382 114.893 5.437
202503 5.319 115.116 5.362
202506 5.312 114.907 5.365
202509 5.374 115.471 5.401
202512 4.865 115.832 4.874
202603 4.752 116.303 4.742
202606 4.358 116.056 4.358

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 0.68 mean?
Jiangsu Phoenix Property Investment Co (SHSE:600716) has a Cyclically Adjusted PB Ratio of 0.68 as of Sep. 02, 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 Jiangsu Phoenix Property Investment Co and its competitors. This is 33% below median its historical median of 1.02. Over the past decade, Jiangsu Phoenix Property Investment Co's Cyclically Adjusted PB Ratio has ranged from 0.49 to 4.06. According to the industry distribution chart, Jiangsu Phoenix Property Investment Co ranks #661 out of 1301 companies in the Real Estate industry, placing it in the top 50.8%.
Is Jiangsu Phoenix Property Investment Co's Cyclically Adjusted PB Ratio too high?
Jiangsu Phoenix Property Investment Co's current Cyclically Adjusted PB Ratio of 0.68 is 33% below median its 10-year median of 1.02. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 4.06. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.67. Jiangsu Phoenix Property Investment Co's value of 0.68 is 1.5% above this industry median. Based on the distribution chart, Jiangsu Phoenix Property Investment Co ranks #661 out of 1301 companies in the Real Estate industry, which is below the industry midpoint. Overall, Jiangsu Phoenix Property Investment Co has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu Phoenix Property Investment Co's Cyclically Adjusted PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Jiangsu Phoenix Property Investment Co ranks #661 out of 1301 companies for Cyclically Adjusted PB Ratio. This places Jiangsu Phoenix Property Investment Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.67. Jiangsu Phoenix Property Investment Co's value of 0.68 is 1.5% above this benchmark. Historically, Jiangsu Phoenix Property Investment Co's own Cyclically Adjusted PB Ratio has ranged from 0.49 to 4.06 over the past decade. While the company's 10-year median is 1.02 vs. the industry median of 0.67, Jiangsu Phoenix Property Investment 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 0.67, based on 1,301 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. Jiangsu Phoenix Property Investment Co's current Cyclically Adjusted PB Ratio of 0.68 is 1.5% 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 Jiangsu Phoenix Property Investment Co and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangsu Phoenix Property Investment Co's current Cyclically Adjusted PB Ratio is 0.68, which is 33% below median its own 10-year median of 1.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu Phoenix Property Investment Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu Phoenix Property Investment Co (SHSE:600716) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥2.97, compared to a current price of ¥3.71 — trading 24.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.68, which is 33% below median its 10-year median of 1.02 and 1.5% above the Real Estate industry median of 0.67. Jiangsu Phoenix Property Investment Co's overall GF Score™ is 57/100 with 4 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 Jiangsu Phoenix Property Investment Co (SHSE:600716), the current Cyclically Adjusted PB Ratio is 0.68 as of Sep. 02, 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 Jiangsu Phoenix Property Investment Co (SHSE:600716) Overvalued in 2026?

Based on GuruFocus' analysis, Jiangsu Phoenix Property Investment Co stock appears to be overvalued. The current stock price of ¥3.71 is trading 24.9% above its estimated GF Value™ of ¥2.97. GuruFocus considers Jiangsu Phoenix Property Investment Co to be Modestly Overvalued.

Key valuation signals for SHSE:600716:

  • Cyclically Adjusted PB Ratio: 0.68 (33% below median its 10-year median of 1.02)
  • GF Value™: ¥2.97 vs. price of ¥3.71 (24.9% above fair value)
  • GF Score™: 57/100 with 4 warning signs
  • Industry Position: 1.5% above the Real Estate median (#661 of 1301)

No single metric tells the full story. See the SHSE:600716 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jiangsu Phoenix Property Investment Co Business Description

Address No. 389, Zhongyang Road, 6th Floor, Phoenix International Building, Nanjing, CHN, 210037
Jiangsu Phoenix Property Investment Co Ltd operates in the real estate sector. The company is engaged in real estate investment, industrial investment, house leasing and property management.
57GF Score

Get the complete analysis for SHSE:600716

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

¥3.71
Price
¥2.97
GF Value