Nyocor Co (SHSE:600821) Cyclically Adjusted PB Ratio: 1.87 (As of Sep. 15, 2026) — 45% Below Median

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SHSE:600821 Nyocor Co Ltd SHSE:600821
73 GF Score
Price ¥6.19
GF Value ¥5.27
Valuation Modestly Overvalued
! 11 Warning Signs
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What is Nyocor Co Cyclically Adjusted PB Ratio?

Nyocor Co SHSE:600821 -2.52% 73 Cyclically Adjusted PB Ratio is 1.87 as of Sep. 15, 2026, which is 45% below its 10-year median of 3.41. GuruFocus rates SHSE:600821 with a GF Score™ of 73/100 and a GF Value™ of ¥5.27 (Modestly Overvalued). The stock has 11 warning signs investors should review. Among 258 Utilities - Independent Power Producers companies, Nyocor Co ranks worse than 76.36% on this metric.

As of today (2026-09-15), Nyocor Co's current share price is ¥6.19. Nyocor Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ¥3.32. Nyocor Co's Cyclically Adjusted PB Ratio for today is 1.87.

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

SHSE:600821' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.92   Med: 3.41   Max: 8.68
Current: 2.26

During the past years, Nyocor Co's highest Cyclically Adjusted PB Ratio was 8.68. The lowest was 1.92. And the median was 3.41.

SHSE:600821's Cyclically Adjusted PB Ratio is ranked worse than
76.36% of 258 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.17 vs SHSE:600821: 2.26

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.

Nyocor Co's adjusted book value per share data for the three months ended in Jun. 2026 was ¥5.550. 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 ¥3.32 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nyocor Co  (SHSE:600821) 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.


Nyocor Co Cyclically Adjusted PB Ratio Related Terms


Nyocor Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nyocor 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.

Nyocor Co Cyclically Adjusted PB Ratio Chart

Nyocor 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 4.20 2.81 2.13 1.68 1.41

Nyocor 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 1.88 1.90 1.64 2.72 1.89

Nyocor Co Cyclically Adjusted PB Ratio Competitor Comparison

For the Utilities - Renewable subindustry, Nyocor 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.


Nyocor Co Cyclically Adjusted PB Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Nyocor Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


SHSE:600821
73GF Score
Nyocor Co Ltd SHSE:600821
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nyocor 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.19/3.315
=1.87

* 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.

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

For example, Nyocor 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)
=5.55/116.0564*116.0564
=5.550

Current CPI (Jun. 2026) = 116.0564.

Nyocor Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 1.457 102.400 1.651
201612 1.213 102.600 1.372
201703 1.139 103.200 1.281
201706 1.021 103.100 1.149
201709 0.903 104.100 1.007
201712 1.234 104.500 1.370
201803 1.148 105.300 1.265
201806 1.053 104.900 1.165
201809 0.974 106.600 1.060
201812 0.575 106.500 0.627
201903 0.467 107.700 0.503
201906 0.382 107.700 0.412
201909 6.371 109.800 6.734
201912 6.371 111.200 6.649
202003 -0.048 112.300 -0.050
202006 -0.162 110.400 -0.170
202009 2.843 111.700 2.954
202012 2.809 111.500 2.924
202103 2.868 112.662 2.954
202106 3.234 111.769 3.358
202109 3.321 112.215 3.435
202112 3.456 113.108 3.546
202203 3.535 114.335 3.588
202206 3.742 114.558 3.791
202209 3.933 115.339 3.957
202212 4.420 115.116 4.456
202303 4.519 115.116 4.556
202306 4.660 114.558 4.721
202309 4.680 115.339 4.709
202312 4.712 114.781 4.764
202403 4.760 115.227 4.794
202406 4.898 114.781 4.952
202409 5.038 115.785 5.050
202412 5.078 114.893 5.129
202503 5.141 115.116 5.183
202506 5.212 114.907 5.264
202509 5.885 115.471 5.915
202512 5.514 115.832 5.525
202603 5.516 116.303 5.504
202606 5.550 116.056 5.550

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 1.87 mean?
Nyocor Co (SHSE:600821) has a Cyclically Adjusted PB Ratio of 1.87 as of Sep. 15, 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 Nyocor Co and its competitors. This is 45% below median its historical median of 3.41. Over the past decade, Nyocor Co's Cyclically Adjusted PB Ratio has ranged from 1.92 to 8.68. According to the industry distribution chart, Nyocor Co ranks #197 out of 258 companies in the Utilities - Independent Power Producers industry, placing it in the top 76.4%.
Is Nyocor Co's Cyclically Adjusted PB Ratio too high?
Nyocor Co's current Cyclically Adjusted PB Ratio of 1.87 is 45% below median its 10-year median of 3.41. Over the past 10 years, this metric has ranged from a low of 1.92 to a high of 8.68. The Utilities - Independent Power Producers industry median Cyclically Adjusted PB Ratio is 1.17. Nyocor Co's value of 1.87 is 59.8% above this industry median. Based on the distribution chart, Nyocor Co ranks #197 out of 258 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Nyocor Co has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nyocor Co's Cyclically Adjusted PB Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Nyocor Co ranks #197 out of 258 companies for Cyclically Adjusted PB Ratio. This places Nyocor Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.17. Nyocor Co's value of 1.87 is 59.8% above this benchmark. Historically, Nyocor Co's own Cyclically Adjusted PB Ratio has ranged from 1.92 to 8.68 over the past decade. While the company's 10-year median is 3.41 vs. the industry median of 1.17, Nyocor 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 an Utilities - Independent Power Producers company?
The median Cyclically Adjusted PB Ratio among Utilities - Independent Power Producers companies is 1.17, based on 258 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. Nyocor Co's current Cyclically Adjusted PB Ratio of 1.87 is 59.8% 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 Nyocor Co and its competitors. For the Utilities - Independent Power Producers industry, the median Cyclically Adjusted PB Ratio is 1.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nyocor Co's current Cyclically Adjusted PB Ratio is 1.87, which is 45% below median its own 10-year median of 3.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nyocor Co stock overvalued right now?
Based on GuruFocus' analysis, Nyocor Co (SHSE:600821) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥5.27, compared to a current price of ¥6.19 — trading 17.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.87, which is 45% below median its 10-year median of 3.41 and 59.8% above the Utilities - Independent Power Producers industry median of 1.17. Nyocor Co's overall GF Score™ is 73/100 with 11 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 Nyocor Co (SHSE:600821), the current Cyclically Adjusted PB Ratio is 1.87 as of Sep. 15, 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 Nyocor Co (SHSE:600821) Overvalued in 2026?

Based on GuruFocus' analysis, Nyocor Co stock appears to be overvalued. The current stock price of ¥6.19 is trading 17.5% above its estimated GF Value™ of ¥5.27. GuruFocus considers Nyocor Co to be Modestly Overvalued.

Key valuation signals for SHSE:600821:

  • Cyclically Adjusted PB Ratio: 1.87 (45% below median its 10-year median of 3.41)
  • GF Value™: ¥5.27 vs. price of ¥6.19 (17.5% above fair value)
  • GF Score™: 73/100 with 11 warning signs
  • Industry Position: 59.8% above the Utilities - Independent Power Producers median (#197 of 258)

No single metric tells the full story. See the SHSE:600821 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nyocor Co Business Description

Address No. 4, Guizhou Road, Room 411, Longtong Building, Heping District, Tianjin, CHN, 100044
Nyocor Co Ltd operates in the retail business in China. The company's stores include Zhou Shengsheng which deals in jewelry, an Apple store that provides electronics, and Li Ning offers western clothes.
73GF Score

Get the complete analysis for SHSE:600821

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

¥6.19
Price
¥5.27
GF Value