Topchoice Medical (SHSE:600763) Cyclically Adjusted PB Ratio: 5.49 (As of Sep. 14, 2026) — 78% Below Median

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SHSE:600763 Topchoice Medical Corp SHSE:600763
88 GF Score
Price ¥32.74
GF Value ¥46.49
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Topchoice Medical Cyclically Adjusted PB Ratio?

Topchoice Medical SHSE:600763 -0.03% 88 Cyclically Adjusted PB Ratio is 5.49 as of Sep. 14, 2026, which is 78% below its 10-year median of 25.21. GuruFocus rates SHSE:600763 with a GF Score™ of 88/100 and a GF Value™ of ¥46.49 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 332 Healthcare Providers & Services companies, Topchoice Medical ranks worse than 86.75% on this metric.

As of today (2026-09-14), Topchoice Medical's current share price is ¥32.74. Topchoice Medical's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ¥5.96. Topchoice Medical's Cyclically Adjusted PB Ratio for today is 5.49.

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

SHSE:600763' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.49   Med: 25.21   Max: 130.32
Current: 5.49

During the past years, Topchoice Medical's highest Cyclically Adjusted PB Ratio was 130.32. The lowest was 5.49. And the median was 25.21.

SHSE:600763's Cyclically Adjusted PB Ratio is ranked worse than
86.75% of 332 companies
in the Healthcare Providers & Services industry
Industry Median: 1.79 vs SHSE:600763: 5.49

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.

Topchoice Medical's adjusted book value per share data for the three months ended in Jun. 2026 was ¥9.248. 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 ¥5.96 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Topchoice Medical  (SHSE:600763) 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.


Topchoice Medical Cyclically Adjusted PB Ratio Related Terms


Topchoice Medical Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Topchoice Medical'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.

Topchoice Medical Cyclically Adjusted PB Ratio Chart

Topchoice Medical 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 52.84 32.63 13.55 9.30 7.20

Topchoice Medical 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 8.01 8.19 7.20 7.25 5.68

SHSE:600763 vs HCA, THC, EHC: Cyclically Adjusted PB Ratio Comparison

For the Medical Care Facilities subindustry, Topchoice Medical'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.


Topchoice Medical Cyclically Adjusted PB Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Topchoice Medical's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Topchoice Medical's Cyclically Adjusted PB Ratio falls into.


SHSE:600763
88GF Score
Topchoice Medical Corp SHSE:600763
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Topchoice Medical 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.

Topchoice Medical's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=32.74/5.96
=5.49

* 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.

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

For example, Topchoice Medical'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)
=9.248/116.0564*116.0564
=9.248

Current CPI (Jun. 2026) = 116.0564.

Topchoice Medical Quarterly Data

Book Value per Share CPI Adj_Book
201609 2.106 102.400 2.387
201612 1.821 102.600 2.060
201703 1.916 103.200 2.155
201706 1.925 103.100 2.167
201709 2.133 104.100 2.378
201712 2.210 104.500 2.454
201803 2.348 105.300 2.588
201806 2.489 104.900 2.754
201809 2.802 106.600 3.051
201812 2.929 106.500 3.192
201903 3.140 107.700 3.384
201906 3.389 107.700 3.652
201909 3.854 109.800 4.074
201912 4.000 111.200 4.175
202003 3.933 112.300 4.065
202006 4.323 110.400 4.544
202009 4.865 111.700 5.055
202012 4.788 111.500 4.984
202103 5.154 112.662 5.309
202106 5.570 111.769 5.784
202109 6.170 112.215 6.381
202112 6.415 113.108 6.582
202203 6.785 114.335 6.887
202206 7.035 114.558 7.127
202209 7.351 115.339 7.397
202212 7.372 115.116 7.432
202303 7.748 115.116 7.811
202306 8.041 114.558 8.146
202309 8.503 115.339 8.556
202312 8.495 114.781 8.589
202403 8.867 115.227 8.931
202406 8.804 114.781 8.902
202409 9.225 115.785 9.247
202412 9.005 114.893 9.096
202503 9.411 115.116 9.488
202506 9.279 114.907 9.372
202509 9.711 115.471 9.760
202512 9.466 115.832 9.484
202603 9.884 116.303 9.863
202606 9.248 116.056 9.248

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 5.49 mean?
Topchoice Medical (SHSE:600763) has a Cyclically Adjusted PB Ratio of 5.49 as of Sep. 14, 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 Topchoice Medical and its competitors. This is 78% below median its historical median of 25.21. Over the past decade, Topchoice Medical's Cyclically Adjusted PB Ratio has ranged from 5.49 to 130.32. According to the industry distribution chart, Topchoice Medical ranks #288 out of 332 companies in the Healthcare Providers & Services industry, placing it in the top 86.7%.
Is Topchoice Medical's Cyclically Adjusted PB Ratio too high?
Topchoice Medical's current Cyclically Adjusted PB Ratio of 5.49 is 78% below median its 10-year median of 25.21. Over the past 10 years, this metric has ranged from a low of 5.49 to a high of 130.32. The Healthcare Providers & Services industry median Cyclically Adjusted PB Ratio is 1.79. Topchoice Medical's value of 5.49 is 206.7% above this industry median. Based on the distribution chart, Topchoice Medical ranks #288 out of 332 companies in the Healthcare Providers & Services industry, which is in the bottom quartile relative to peers. Overall, Topchoice Medical has a GF Score™ of 88/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Topchoice Medical's Cyclically Adjusted PB Ratio compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Topchoice Medical ranks #288 out of 332 companies for Cyclically Adjusted PB Ratio. This places Topchoice Medical in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.79. Topchoice Medical's value of 5.49 is 206.7% above this benchmark. Historically, Topchoice Medical's own Cyclically Adjusted PB Ratio has ranged from 5.49 to 130.32 over the past decade. While the company's 10-year median is 25.21 vs. the industry median of 1.79, Topchoice Medical 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 Healthcare Providers & Services company?
The median Cyclically Adjusted PB Ratio among Healthcare Providers & Services companies is 1.79, based on 332 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. Topchoice Medical's current Cyclically Adjusted PB Ratio of 5.49 is 206.7% 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 Topchoice Medical and its competitors. For the Healthcare Providers & Services industry, the median Cyclically Adjusted PB Ratio is 1.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Topchoice Medical's current Cyclically Adjusted PB Ratio is 5.49, which is 78% below median its own 10-year median of 25.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Topchoice Medical stock overvalued right now?
Based on GuruFocus' analysis, Topchoice Medical (SHSE:600763) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥46.49, compared to a current price of ¥32.74 — trading 29.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 5.49, which is 78% below median its 10-year median of 25.21 and 206.7% above the Healthcare Providers & Services industry median of 1.79. Topchoice Medical's overall GF Score™ is 88/100 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 Topchoice Medical (SHSE:600763), the current Cyclically Adjusted PB Ratio is 5.49 as of Sep. 14, 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 Topchoice Medical (SHSE:600763) Overvalued in 2026?

Based on GuruFocus' analysis, Topchoice Medical stock appears to be undervalued. The current stock price of ¥32.74 is trading 29.6% below its estimated GF Value™ of ¥46.49. GuruFocus considers Topchoice Medical to be Significantly Undervalued.

Key valuation signals for SHSE:600763:

  • Cyclically Adjusted PB Ratio: 5.49 (78% below median its 10-year median of 25.21)
  • GF Value™: ¥46.49 vs. price of ¥32.74 (29.6% below fair value)
  • GF Score™: 88/100 with 5 warning signs
  • Industry Position: 206.7% above the Healthcare Providers & Services median (#288 of 332)

No single metric tells the full story. See the SHSE:600763 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Topchoice Medical Business Description

Address No. 21 Lingxi North Road, Building 5, Hesheng International Trade Center, Zhejiang Province, Hangzhou, CHN, 310023
Topchoice Medical Corp is engaged in providing medical services. The company operates as an integrated medical platform with several oral, health, and reproductive medical institutions.
88GF Score

Get the complete analysis for SHSE:600763

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

¥32.74
Price
¥46.49
GF Value