Shanxi Coking Co (SHSE:600740) Cyclically Adjusted PB Ratio: 0.77 (As of Sep. 16, 2026) — 57% Below Median

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SHSE:600740 Shanxi Coking Co Ltd SHSE:600740
52 GF Score
Price ¥3.76
GF Value ¥3.18
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Shanxi Coking Co Cyclically Adjusted PB Ratio?

Shanxi Coking Co SHSE:600740 -2.08% 52 Cyclically Adjusted PB Ratio is 0.77 as of Sep. 16, 2026, which is 57% below its 10-year median of 1.78. GuruFocus rates SHSE:600740 with a GF Score™ of 52/100 and a GF Value™ of ¥3.18 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 412 Steel companies, Shanxi Coking Co ranks worse than 51.7% on this metric.

As of today (2026-09-16), Shanxi Coking Co's current share price is ¥3.76. Shanxi Coking Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ¥4.88. Shanxi Coking Co's Cyclically Adjusted PB Ratio for today is 0.77.

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

SHSE:600740' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.7   Med: 1.78   Max: 4.47
Current: 0.83

During the past years, Shanxi Coking Co's highest Cyclically Adjusted PB Ratio was 4.47. The lowest was 0.70. And the median was 1.78.

SHSE:600740's Cyclically Adjusted PB Ratio is ranked worse than
51.7% of 412 companies
in the Steel industry
Industry Median: 0.81 vs SHSE:600740: 0.83

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.

Shanxi Coking Co's adjusted book value per share data for the three months ended in Jun. 2026 was ¥5.986. 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 ¥4.88 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shanxi Coking Co  (SHSE:600740) 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.


Shanxi Coking Co Cyclically Adjusted PB Ratio Related Terms


Shanxi Coking Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Shanxi Coking 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.

Shanxi Coking Co Cyclically Adjusted PB Ratio Chart

Shanxi Coking 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 1.95 1.48 1.26 0.94 0.80

Shanxi Coking 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 0.83 0.85 0.80 0.91 0.65

SHSE:600740 vs HCC, AMR, SXC: Cyclically Adjusted PB Ratio Comparison

For the Coking Coal subindustry, Shanxi Coking 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.


Shanxi Coking Co Cyclically Adjusted PB Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Shanxi Coking Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


SHSE:600740
52GF Score
Shanxi Coking Co Ltd SHSE:600740
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanxi Coking 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.

Shanxi Coking Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.76/4.881
=0.77

* 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.

Shanxi Coking Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Shanxi Coking 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)
=5.986/116.0564*116.0564
=5.986

Current CPI (Jun. 2026) = 116.0564.

Shanxi Coking Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 1.967 102.400 2.229
201612 2.025 102.600 2.291
201703 2.035 103.200 2.289
201706 2.040 103.100 2.296
201709 2.065 104.100 2.302
201712 2.097 104.500 2.329
201803 3.817 105.300 4.207
201806 4.024 104.900 4.452
201809 4.185 106.600 4.556
201812 4.044 106.500 4.407
201903 4.252 107.700 4.582
201906 4.281 107.700 4.613
201909 4.328 109.800 4.575
201912 4.196 111.200 4.379
202003 4.237 112.300 4.379
202006 4.348 110.400 4.571
202009 4.535 111.700 4.712
202012 4.534 111.500 4.719
202103 4.710 112.662 4.852
202106 4.945 111.769 5.135
202109 5.132 112.215 5.308
202112 4.839 113.108 4.965
202203 5.050 114.335 5.126
202206 5.528 114.558 5.600
202209 5.777 115.339 5.813
202212 5.726 115.116 5.773
202303 6.019 115.116 6.068
202306 5.880 114.558 5.957
202309 6.016 115.339 6.053
202312 5.998 114.781 6.065
202403 6.039 115.227 6.082
202406 6.043 114.781 6.110
202409 6.073 115.785 6.087
202412 6.052 114.893 6.113
202503 6.040 115.116 6.089
202506 6.018 114.907 6.078
202509 6.021 115.471 6.052
202512 6.028 115.832 6.040
202603 6.020 116.303 6.007
202606 5.986 116.056 5.986

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 0.77 mean?
Shanxi Coking Co (SHSE:600740) has a Cyclically Adjusted PB Ratio of 0.77 as of Sep. 16, 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 Shanxi Coking Co and its competitors. This is 57% below median its historical median of 1.78. Over the past decade, Shanxi Coking Co's Cyclically Adjusted PB Ratio has ranged from 0.70 to 4.47. According to the industry distribution chart, Shanxi Coking Co ranks #213 out of 412 companies in the Steel industry, placing it in the top 51.7%.
Is Shanxi Coking Co's Cyclically Adjusted PB Ratio too high?
Shanxi Coking Co's current Cyclically Adjusted PB Ratio of 0.77 is 57% below median its 10-year median of 1.78. Over the past 10 years, this metric has ranged from a low of 0.70 to a high of 4.47. The Steel industry median Cyclically Adjusted PB Ratio is 0.81. Shanxi Coking Co's value of 0.77 is 4.9% below this industry median. Based on the distribution chart, Shanxi Coking Co ranks #213 out of 412 companies in the Steel industry, which is below the industry midpoint. Overall, Shanxi Coking Co has a GF Score™ of 52/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shanxi Coking Co's Cyclically Adjusted PB Ratio compare to HCC and AMR?
According to the Steel industry distribution chart, Shanxi Coking Co ranks #213 out of 412 companies for Cyclically Adjusted PB Ratio. This places Shanxi Coking Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.81. Shanxi Coking Co's value of 0.77 is 4.9% below this benchmark. Historically, Shanxi Coking Co's own Cyclically Adjusted PB Ratio has ranged from 0.70 to 4.47 over the past decade. While the company's 10-year median is 1.78 vs. the industry median of 0.81, Shanxi Coking 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 Steel company?
The median Cyclically Adjusted PB Ratio among Steel companies is 0.81, based on 412 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. Shanxi Coking Co's current Cyclically Adjusted PB Ratio of 0.77 is 4.9% 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 Shanxi Coking Co and its competitors. For the Steel industry, the median Cyclically Adjusted PB Ratio is 0.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanxi Coking Co's current Cyclically Adjusted PB Ratio is 0.77, which is 57% below median its own 10-year median of 1.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanxi Coking Co stock overvalued right now?
Based on GuruFocus' analysis, Shanxi Coking Co (SHSE:600740) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥3.18, compared to a current price of ¥3.76 — trading 18.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.77, which is 57% below median its 10-year median of 1.78 and 4.9% below the Steel industry median of 0.81. Shanxi Coking Co's overall GF Score™ is 52/100 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 Shanxi Coking Co (SHSE:600740), the current Cyclically Adjusted PB Ratio is 0.77 as of Sep. 16, 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 Shanxi Coking Co (SHSE:600740) Overvalued in 2026?

Based on GuruFocus' analysis, Shanxi Coking Co stock appears to be overvalued. The current stock price of ¥3.76 is trading 18.2% above its estimated GF Value™ of ¥3.18. GuruFocus considers Shanxi Coking Co to be Modestly Overvalued.

Key valuation signals for SHSE:600740:

  • Cyclically Adjusted PB Ratio: 0.77 (57% below median its 10-year median of 1.78)
  • GF Value™: ¥3.18 vs. price of ¥3.76 (18.2% above fair value)
  • GF Score™: 52/100 with 7 warning signs
  • Industry Position: 4.9% below the Steel median (#213 of 412)

No single metric tells the full story. See the SHSE:600740 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanxi Coking Co Business Description

Address Guangshengsi Town, Hongdong County, Shanxi Province, Linfen, CHN, 041606
Shanxi Coking Co Ltd is a China-based company engaged in the business of coal washing, coking production, coal tar and crude benzene processing, methanol production, electronic technology, chemical design, construction and installation, logistics trade, and property services.
52GF Score

Get the complete analysis for SHSE:600740

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

¥3.76
Price
¥3.18
GF Value