Xiamen Xgma Machinery Co (SHSE:600815) Cyclically Adjusted PB Ratio: 4.95 (As of Aug. 24, 2026) — 293% Above Median

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SHSE:600815 Xiamen Xgma Machinery Co Ltd SHSE:600815
38 GF Score
Price ¥3.86
GF Value ¥2.58
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Xiamen Xgma Machinery Co Cyclically Adjusted PB Ratio?

Xiamen Xgma Machinery Co SHSE:600815 -1.53% 38 Cyclically Adjusted PB Ratio is 4.95 as of Aug. 24, 2026, which is 293% above its 10-year median of 1.26. GuruFocus rates SHSE:600815 with a GF Score™ of 38/100 and a GF Value™ of ¥2.58 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 160 Farm & Heavy Construction Machinery companies, Xiamen Xgma Machinery Co ranks worse than 91.25% on this metric.

As of today (2026-08-24), Xiamen Xgma Machinery Co's current share price is ¥3.86. Xiamen Xgma Machinery Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ¥0.78. Xiamen Xgma Machinery Co's Cyclically Adjusted PB Ratio for today is 4.95.

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

SHSE:600815' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.61   Med: 1.26   Max: 6.32
Current: 5.04

During the past years, Xiamen Xgma Machinery Co's highest Cyclically Adjusted PB Ratio was 6.32. The lowest was 0.61. And the median was 1.26.

SHSE:600815's Cyclically Adjusted PB Ratio is ranked worse than
91.25% of 160 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.505 vs SHSE:600815: 5.04

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.

Xiamen Xgma Machinery Co's adjusted book value per share data for the three months ended in Mar. 2026 was ¥0.819. 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 ¥0.78 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Xiamen Xgma Machinery Co  (SHSE:600815) 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.


Xiamen Xgma Machinery Co Cyclically Adjusted PB Ratio Related Terms


Xiamen Xgma Machinery Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Xiamen Xgma Machinery 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.

Xiamen Xgma Machinery Co Cyclically Adjusted PB Ratio Chart

Xiamen Xgma Machinery 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 1.28 1.29 1.69 2.22 4.10

Xiamen Xgma Machinery 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 2.49 2.73 2.98 4.10 5.15

SHSE:600815 vs CAT, DE, PCAR: Cyclically Adjusted PB Ratio Comparison

For the Farm & Heavy Construction Machinery subindustry, Xiamen Xgma Machinery 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.


Xiamen Xgma Machinery Co Cyclically Adjusted PB Ratio vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Xiamen Xgma Machinery Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Xiamen Xgma Machinery Co's Cyclically Adjusted PB Ratio falls into.


SHSE:600815
38GF Score
Xiamen Xgma Machinery Co Ltd SHSE:600815
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Xiamen Xgma Machinery 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.

Xiamen Xgma Machinery Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.86/0.78
=4.95

* 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.

Xiamen Xgma Machinery Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Xiamen Xgma Machinery 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)
=0.819/116.3033*116.3033
=0.819

Current CPI (Mar. 2026) = 116.3033.

Xiamen Xgma Machinery Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.962 101.400 3.397
201609 2.660 102.400 3.021
201612 0.401 102.600 0.455
201703 0.424 103.200 0.478
201706 0.585 103.100 0.660
201709 0.554 104.100 0.619
201712 0.570 104.500 0.634
201803 0.586 105.300 0.647
201806 0.515 104.900 0.571
201809 0.458 106.600 0.500
201812 -0.181 106.500 -0.198
201903 -0.179 107.700 -0.193
201906 -0.464 107.700 -0.501
201909 -0.401 109.800 -0.425
201912 0.748 111.200 0.782
202003 0.757 112.300 0.784
202006 0.767 110.400 0.808
202009 0.769 111.700 0.801
202012 0.772 111.500 0.805
202103 0.780 112.662 0.805
202106 0.776 111.769 0.807
202109 0.767 112.215 0.795
202112 0.723 113.108 0.743
202203 0.707 114.335 0.719
202206 0.689 114.558 0.699
202209 0.671 115.339 0.677
202212 0.845 115.116 0.854
202303 0.840 115.116 0.849
202306 0.960 114.558 0.975
202309 0.949 115.339 0.957
202312 0.851 114.781 0.862
202403 0.852 115.227 0.860
202406 0.855 114.781 0.866
202409 0.858 115.785 0.862
202412 0.858 114.893 0.869
202503 0.859 115.116 0.868
202506 0.860 114.907 0.870
202509 0.856 115.471 0.862
202512 0.819 115.832 0.822
202603 0.819 116.303 0.819

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 4.95 mean?
Xiamen Xgma Machinery Co (SHSE:600815) has a Cyclically Adjusted PB Ratio of 4.95 as of Aug. 24, 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 Xiamen Xgma Machinery Co and its competitors. This is 293% above median its historical median of 1.26. Over the past decade, Xiamen Xgma Machinery Co's Cyclically Adjusted PB Ratio has ranged from 0.61 to 6.32. According to the industry distribution chart, Xiamen Xgma Machinery Co ranks #146 out of 160 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 91.2%.
Is Xiamen Xgma Machinery Co's Cyclically Adjusted PB Ratio too high?
Xiamen Xgma Machinery Co's current Cyclically Adjusted PB Ratio of 4.95 is 293% above median its 10-year median of 1.26. Over the past 10 years, this metric has ranged from a low of 0.61 to a high of 6.32. The Farm & Heavy Construction Machinery industry median Cyclically Adjusted PB Ratio is 1.51. Xiamen Xgma Machinery Co's value of 4.95 is 228.9% above this industry median. Based on the distribution chart, Xiamen Xgma Machinery Co ranks #146 out of 160 companies in the Farm & Heavy Construction Machinery industry, which is in the bottom quartile relative to peers. Overall, Xiamen Xgma Machinery Co has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Xiamen Xgma Machinery Co's Cyclically Adjusted PB Ratio compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Xiamen Xgma Machinery Co ranks #146 out of 160 companies for Cyclically Adjusted PB Ratio. This places Xiamen Xgma Machinery Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.51. Xiamen Xgma Machinery Co's value of 4.95 is 228.9% above this benchmark. Historically, Xiamen Xgma Machinery Co's own Cyclically Adjusted PB Ratio has ranged from 0.61 to 6.32 over the past decade. While the company's 10-year median is 1.26 vs. the industry median of 1.51, Xiamen Xgma Machinery 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 Farm & Heavy Construction Machinery company?
The median Cyclically Adjusted PB Ratio among Farm & Heavy Construction Machinery companies is 1.51, based on 160 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. Xiamen Xgma Machinery Co's current Cyclically Adjusted PB Ratio of 4.95 is 228.9% 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 Xiamen Xgma Machinery Co and its competitors. For the Farm & Heavy Construction Machinery industry, the median Cyclically Adjusted PB Ratio is 1.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Xiamen Xgma Machinery Co's current Cyclically Adjusted PB Ratio is 4.95, which is 293% above median its own 10-year median of 1.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xiamen Xgma Machinery Co stock overvalued right now?
Based on GuruFocus' analysis, Xiamen Xgma Machinery Co (SHSE:600815) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥2.58, compared to a current price of ¥3.86 — trading 49.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.95, which is 293% above median its 10-year median of 1.26 and 228.9% above the Farm & Heavy Construction Machinery industry median of 1.51. Xiamen Xgma Machinery Co's overall GF Score™ is 38/100 with 3 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 Xiamen Xgma Machinery Co (SHSE:600815), the current Cyclically Adjusted PB Ratio is 4.95 as of Aug. 24, 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 Xiamen Xgma Machinery Co (SHSE:600815) Overvalued in 2026?

Based on GuruFocus' analysis, Xiamen Xgma Machinery Co stock appears to be overvalued. The current stock price of ¥3.86 is trading 49.6% above its estimated GF Value™ of ¥2.58. GuruFocus considers Xiamen Xgma Machinery Co to be Significantly Overvalued.

Key valuation signals for SHSE:600815:

  • Cyclically Adjusted PB Ratio: 4.95 (293% above median its 10-year median of 1.26)
  • GF Value™: ¥2.58 vs. price of ¥3.86 (49.6% above fair value)
  • GF Score™: 38/100 with 3 warning signs
  • Industry Position: 228.9% above the Farm & Heavy Construction Machinery median (#146 of 160)

No single metric tells the full story. See the SHSE:600815 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Xiamen Xgma Machinery Co Business Description

Address No. 668 Guankou South Road No.8, Xiamen, Fujian, CHN, 361023
Xiamen Xgma Machinery Co Ltd is engaged in the manufacture, processing, and distribution of engineering machinery and machine accessories. Its products include scrapping machinery, mining machinery, compaction machinery, building machinery, industrial vehicles, concrete machinery, pile driving machinery, hoisting machinery, tunneling machinery. Its production business covers loaders, excavators, forklifts, road machinery, and environmental protection machinery series.
38GF Score

Get the complete analysis for SHSE:600815

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

¥3.86
Price
¥2.58
GF Value