Tibet Urban Development and Investment Co (SHSE:600773) Cyclically Adjusted PB Ratio: 2.48 (As of Aug. 17, 2026) — 14% Below Median

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Director of Data and Quant Analytics at GuruFocus
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SHSE:600773 Tibet Urban Development and Investment Co Ltd SHSE:600773
44 GF Score
Price ¥11.32
GF Value ¥2.60
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Tibet Urban Development and Investment Co Cyclically Adjusted PB Ratio?

Tibet Urban Development and Investment Co SHSE:600773 +0.80% 44 Cyclically Adjusted PB Ratio is 2.48 as of Aug. 17, 2026, which is 14% below its 10-year median of 2.90. GuruFocus rates SHSE:600773 with a GF Score™ of 44/100 and a GF Value™ of ¥2.60 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,400 Real Estate companies, Tibet Urban Development and Investment Co ranks worse than 88.43% on this metric.

As of today (2026-08-17), Tibet Urban Development and Investment Co's current share price is ¥11.32. Tibet Urban Development and Investment Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ¥4.57. Tibet Urban Development and Investment Co's Cyclically Adjusted PB Ratio for today is 2.48.

The historical rank and industry rank for Tibet Urban Development and Investment Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:600773' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.62   Med: 2.9   Max: 9.27
Current: 2.46

During the past years, Tibet Urban Development and Investment Co's highest Cyclically Adjusted PB Ratio was 9.27. The lowest was 1.62. And the median was 2.90.

SHSE:600773's Cyclically Adjusted PB Ratio is ranked worse than
88.43% of 1400 companies
in the Real Estate industry
Industry Median: 0.69 vs SHSE:600773: 2.46

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.

Tibet Urban Development and Investment Co's adjusted book value per share data for the three months ended in Mar. 2026 was ¥4.455. 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 ¥4.57 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tibet Urban Development and Investment Co  (SHSE:600773) 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.


Tibet Urban Development and Investment Co Cyclically Adjusted PB Ratio Related Terms


Tibet Urban Development and Investment Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Tibet Urban Development and 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.

Tibet Urban Development and Investment Co Cyclically Adjusted PB Ratio Chart

Tibet Urban Development and 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 7.64 4.56 2.62 2.45 2.73

Tibet Urban Development and Investment 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 2.25 2.26 2.40 2.73 3.99

Tibet Urban Development and Investment Co Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, Tibet Urban Development and 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.


Tibet Urban Development and Investment Co Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Tibet Urban Development and Investment Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Tibet Urban Development and Investment Co's Cyclically Adjusted PB Ratio falls into.


SHSE:600773
44GF Score
Tibet Urban Development and Investment Co Ltd SHSE:600773
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tibet Urban Development and 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.

Tibet Urban Development and Investment Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.32/4.57
=2.48

* 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.

Tibet Urban Development and Investment Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Tibet Urban Development and Investment 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)
=4.455/116.3033*116.3033
=4.455

Current CPI (Mar. 2026) = 116.3033.

Tibet Urban Development and Investment Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 3.452 101.400 3.959
201609 3.462 102.400 3.932
201612 4.129 102.600 4.680
201703 3.527 103.200 3.975
201706 3.551 103.100 4.006
201709 4.368 104.100 4.880
201712 4.405 104.500 4.903
201803 3.944 105.300 4.356
201806 3.968 104.900 4.399
201809 3.995 106.600 4.359
201812 4.131 106.500 4.511
201903 4.066 107.700 4.391
201906 4.082 107.700 4.408
201909 4.107 109.800 4.350
201912 4.254 111.200 4.449
202003 4.282 112.300 4.435
202006 4.301 110.400 4.531
202009 4.325 111.700 4.503
202012 4.382 111.500 4.571
202103 4.413 112.662 4.556
202106 4.440 111.769 4.620
202109 4.464 112.215 4.627
202112 4.499 113.108 4.626
202203 4.526 114.335 4.604
202206 4.543 114.558 4.612
202209 4.565 115.339 4.603
202212 4.611 115.116 4.659
202303 4.643 115.116 4.691
202306 4.638 114.558 4.709
202309 4.673 115.339 4.712
202312 4.666 114.781 4.728
202403 3.984 115.227 4.021
202406 4.951 114.781 5.017
202409 4.911 115.785 4.933
202412 5.094 114.893 5.157
202503 5.056 115.116 5.108
202506 5.032 114.907 5.093
202509 4.962 115.471 4.998
202512 4.513 115.832 4.531
202603 4.455 116.303 4.455

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 2.48 mean?
Tibet Urban Development and Investment Co (SHSE:600773) has a Cyclically Adjusted PB Ratio of 2.48 as of Aug. 17, 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 Tibet Urban Development and Investment Co and its competitors. This is 14% below median its historical median of 2.90. Over the past decade, Tibet Urban Development and Investment Co's Cyclically Adjusted PB Ratio has ranged from 1.62 to 9.27. According to the industry distribution chart, Tibet Urban Development and Investment Co ranks #1238 out of 1400 companies in the Real Estate industry, placing it in the top 88.4%.
Is Tibet Urban Development and Investment Co's Cyclically Adjusted PB Ratio too high?
Tibet Urban Development and Investment Co's current Cyclically Adjusted PB Ratio of 2.48 is 14% below median its 10-year median of 2.90. Over the past 10 years, this metric has ranged from a low of 1.62 to a high of 9.27. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.69. Tibet Urban Development and Investment Co's value of 2.48 is 259.4% above this industry median. Based on the distribution chart, Tibet Urban Development and Investment Co ranks #1238 out of 1400 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Tibet Urban Development and Investment Co has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tibet Urban Development and Investment Co's Cyclically Adjusted PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Tibet Urban Development and Investment Co ranks #1238 out of 1400 companies for Cyclically Adjusted PB Ratio. This places Tibet Urban Development and Investment Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.69. Tibet Urban Development and Investment Co's value of 2.48 is 259.4% above this benchmark. Historically, Tibet Urban Development and Investment Co's own Cyclically Adjusted PB Ratio has ranged from 1.62 to 9.27 over the past decade. While the company's 10-year median is 2.90 vs. the industry median of 0.69, Tibet Urban Development and 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 0.69, based on 1,400 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. Tibet Urban Development and Investment Co's current Cyclically Adjusted PB Ratio of 2.48 is 259.4% 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 Tibet Urban Development and Investment Co and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tibet Urban Development and Investment Co's current Cyclically Adjusted PB Ratio is 2.48, which is 14% below median its own 10-year median of 2.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tibet Urban Development and Investment Co stock overvalued right now?
Based on GuruFocus' analysis, Tibet Urban Development and Investment Co (SHSE:600773) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥2.60, compared to a current price of ¥11.32 — trading 335.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.48, which is 14% below median its 10-year median of 2.90 and 259.4% above the Real Estate industry median of 0.69. Tibet Urban Development and Investment Co's overall GF Score™ is 44/100 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 Tibet Urban Development and Investment Co (SHSE:600773), the current Cyclically Adjusted PB Ratio is 2.48 as of Aug. 17, 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 Tibet Urban Development and Investment Co (SHSE:600773) Overvalued in 2026?

Based on GuruFocus' analysis, Tibet Urban Development and Investment Co stock appears to be overvalued. The current stock price of ¥11.32 is trading 335.4% above its estimated GF Value™ of ¥2.60. GuruFocus considers Tibet Urban Development and Investment Co to be Significantly Overvalued.

Key valuation signals for SHSE:600773:

  • Cyclically Adjusted PB Ratio: 2.48 (14% below median its 10-year median of 2.90)
  • GF Value™: ¥2.60 vs. price of ¥11.32 (335.4% above fair value)
  • GF Score™: 44/100 with 4 warning signs
  • Industry Position: 259.4% above the Real Estate median (#1238 of 1400)

No single metric tells the full story. See the SHSE:600773 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tibet Urban Development and Investment Co Business Description

Address Boda Road, Tianmu Middle Road, Room 311, 3rd Floor, Jintai Group Office Building, A1-10, 21st Floor, North Building, No. 380, Economic Development Zone, Lhasa, Tibet Autonomous, Shanghai, CHN, 850030
Tibet Urban Development and Investment Co Ltd is engaged in real estate, development and operation, leasing.
44GF Score

Get the complete analysis for SHSE:600773

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

¥11.32
Price
¥2.60
GF Value