Jiangsu Chunlan Refrigerating Equipment Stock Co (SHSE:600854) Cyclically Adjusted PB Ratio: 1.10 (As of Sep. 02, 2026) — Near Median

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SHSE:600854 Jiangsu Chunlan Refrigerating Equipment Stock Co Ltd SHSE:600854
62 GF Score
Price ¥4.77
GF Value ¥5.75
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Jiangsu Chunlan Refrigerating Equipment Stock Co Cyclically Adjusted PB Ratio?

Jiangsu Chunlan Refrigerating Equipment Stock Co SHSE:600854 +0.42% 62 Cyclically Adjusted PB Ratio is 1.10 as of Sep. 02, 2026, which is 1% below its 10-year median of 1.11. GuruFocus rates SHSE:600854 with a GF Score™ of 62/100 and a GF Value™ of ¥5.75 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 312 Furnishings, Fixtures & Appliances companies, Jiangsu Chunlan Refrigerating Equipment Stock Co ranks better than 53.21% on this metric.

As of today (2026-09-02), Jiangsu Chunlan Refrigerating Equipment Stock Co's current share price is ¥4.77. Jiangsu Chunlan Refrigerating Equipment Stock Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ¥4.35. Jiangsu Chunlan Refrigerating Equipment Stock Co's Cyclically Adjusted PB Ratio for today is 1.10.

The historical rank and industry rank for Jiangsu Chunlan Refrigerating Equipment Stock Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:600854' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.73   Med: 1.11   Max: 2.03
Current: 1.07

During the past years, Jiangsu Chunlan Refrigerating Equipment Stock Co's highest Cyclically Adjusted PB Ratio was 2.03. The lowest was 0.73. And the median was 1.11.

SHSE:600854's Cyclically Adjusted PB Ratio is ranked better than
53.21% of 312 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.15 vs SHSE:600854: 1.07

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.

Jiangsu Chunlan Refrigerating Equipment Stock Co's adjusted book value per share data for the three months ended in Jun. 2026 was ¥4.738. 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 ¥4.35 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jiangsu Chunlan Refrigerating Equipment Stock Co  (SHSE:600854) 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.


Jiangsu Chunlan Refrigerating Equipment Stock Co Cyclically Adjusted PB Ratio Related Terms


Jiangsu Chunlan Refrigerating Equipment Stock Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Jiangsu Chunlan Refrigerating Equipment Stock 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.

Jiangsu Chunlan Refrigerating Equipment Stock Co Cyclically Adjusted PB Ratio Chart

Jiangsu Chunlan Refrigerating Equipment Stock 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 1.48 1.08 1.25 1.08 1.16

Jiangsu Chunlan Refrigerating Equipment Stock 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 1.22 1.21 1.16 1.19 0.94

SHSE:600854 vs SN, SGI, MHK: Cyclically Adjusted PB Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, Jiangsu Chunlan Refrigerating Equipment Stock 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.


Jiangsu Chunlan Refrigerating Equipment Stock Co Cyclically Adjusted PB Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Jiangsu Chunlan Refrigerating Equipment Stock Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Jiangsu Chunlan Refrigerating Equipment Stock Co's Cyclically Adjusted PB Ratio falls into.


SHSE:600854
62GF Score
Jiangsu Chunlan Refrigerating Equipment Stock Co Ltd SHSE:600854
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Jiangsu Chunlan Refrigerating Equipment Stock 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.

Jiangsu Chunlan Refrigerating Equipment Stock Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.77/4.35
=1.10

* 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.

Jiangsu Chunlan Refrigerating Equipment Stock Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Jiangsu Chunlan Refrigerating Equipment Stock 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)
=4.738/116.0564*116.0564
=4.738

Current CPI (Jun. 2026) = 116.0564.

Jiangsu Chunlan Refrigerating Equipment Stock Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 3.770 102.400 4.273
201612 3.723 102.600 4.211
201703 3.708 103.200 4.170
201706 3.879 103.100 4.366
201709 3.827 104.100 4.267
201712 3.758 104.500 4.174
201803 3.808 105.300 4.197
201806 3.955 104.900 4.376
201809 3.938 106.600 4.287
201812 3.862 106.500 4.209
201903 3.908 107.700 4.211
201906 3.948 107.700 4.254
201909 3.860 109.800 4.080
201912 3.866 111.200 4.035
202003 3.886 112.300 4.016
202006 3.893 110.400 4.092
202009 3.971 111.700 4.126
202012 3.961 111.500 4.123
202103 4.001 112.662 4.122
202106 3.980 111.769 4.133
202109 4.051 112.215 4.190
202112 4.048 113.108 4.154
202203 4.136 114.335 4.198
202206 4.184 114.558 4.239
202209 4.225 115.339 4.251
202212 4.289 115.116 4.324
202303 4.366 115.116 4.402
202306 4.327 114.558 4.384
202309 4.468 115.339 4.496
202312 4.512 114.781 4.562
202403 4.556 115.227 4.589
202406 4.535 114.781 4.585
202409 4.588 115.785 4.599
202412 4.647 114.893 4.694
202503 4.693 115.116 4.731
202506 4.675 114.907 4.722
202509 4.719 115.471 4.743
202512 4.747 115.832 4.756
202603 4.773 116.303 4.763
202606 4.738 116.056 4.738

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 1.10 mean?
Jiangsu Chunlan Refrigerating Equipment Stock Co (SHSE:600854) has a Cyclically Adjusted PB Ratio of 1.10 as of Sep. 02, 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 Jiangsu Chunlan Refrigerating Equipment Stock Co and its competitors. This is near median its historical median of 1.11. Over the past decade, Jiangsu Chunlan Refrigerating Equipment Stock Co's Cyclically Adjusted PB Ratio has ranged from 0.73 to 2.03. According to the industry distribution chart, Jiangsu Chunlan Refrigerating Equipment Stock Co ranks #146 out of 312 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 46.8%.
Is Jiangsu Chunlan Refrigerating Equipment Stock Co's Cyclically Adjusted PB Ratio too high?
Jiangsu Chunlan Refrigerating Equipment Stock Co's current Cyclically Adjusted PB Ratio of 1.10 is near median its 10-year median of 1.11. Over the past 10 years, this metric has ranged from a low of 0.73 to a high of 2.03. The Furnishings, Fixtures & Appliances industry median Cyclically Adjusted PB Ratio is 1.15. Jiangsu Chunlan Refrigerating Equipment Stock Co's value of 1.10 is 4.3% below this industry median. Based on the distribution chart, Jiangsu Chunlan Refrigerating Equipment Stock Co ranks #146 out of 312 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Jiangsu Chunlan Refrigerating Equipment Stock Co has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu Chunlan Refrigerating Equipment Stock Co's Cyclically Adjusted PB Ratio compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Jiangsu Chunlan Refrigerating Equipment Stock Co ranks #146 out of 312 companies for Cyclically Adjusted PB Ratio. This puts Jiangsu Chunlan Refrigerating Equipment Stock Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.15. Jiangsu Chunlan Refrigerating Equipment Stock Co's value of 1.10 is 4.3% below this benchmark. Historically, Jiangsu Chunlan Refrigerating Equipment Stock Co's own Cyclically Adjusted PB Ratio has ranged from 0.73 to 2.03 over the past decade. While the company's 10-year median is 1.11 vs. the industry median of 1.15, Jiangsu Chunlan Refrigerating Equipment Stock 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 Furnishings, Fixtures & Appliances company?
The median Cyclically Adjusted PB Ratio among Furnishings, Fixtures & Appliances companies is 1.15, based on 312 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. Jiangsu Chunlan Refrigerating Equipment Stock Co's current Cyclically Adjusted PB Ratio of 1.10 is 4.3% 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 Jiangsu Chunlan Refrigerating Equipment Stock Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Cyclically Adjusted PB Ratio is 1.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangsu Chunlan Refrigerating Equipment Stock Co's current Cyclically Adjusted PB Ratio is 1.10, which is near median its own 10-year median of 1.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu Chunlan Refrigerating Equipment Stock Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu Chunlan Refrigerating Equipment Stock Co (SHSE:600854) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥5.75, compared to a current price of ¥4.77 — trading 17% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.10, which is near median its 10-year median of 1.11 and 4.3% below the Furnishings, Fixtures & Appliances industry median of 1.15. Jiangsu Chunlan Refrigerating Equipment Stock Co's overall GF Score™ is 62/100 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 Jiangsu Chunlan Refrigerating Equipment Stock Co (SHSE:600854), the current Cyclically Adjusted PB Ratio is 1.10 as of Sep. 02, 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 Jiangsu Chunlan Refrigerating Equipment Stock Co (SHSE:600854) Overvalued in 2026?

Based on GuruFocus' analysis, Jiangsu Chunlan Refrigerating Equipment Stock Co stock appears to be undervalued. The current stock price of ¥4.77 is trading 17% below its estimated GF Value™ of ¥5.75. GuruFocus considers Jiangsu Chunlan Refrigerating Equipment Stock Co to be Modestly Undervalued.

Key valuation signals for SHSE:600854:

  • Cyclically Adjusted PB Ratio: 1.10 (near median its 10-year median of 1.11)
  • GF Value™: ¥5.75 vs. price of ¥4.77 (17% below fair value)
  • GF Score™: 62/100 with 5 warning signs
  • Industry Position: 4.3% below the Furnishings, Fixtures & Appliances median (#146 of 312)

No single metric tells the full story. See the SHSE:600854 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jiangsu Chunlan Refrigerating Equipment Stock Co Business Description

Address No. 1 Chunlan Road, Chunlan Industrial Park, 10th Floor, Jiangsu Province, Taizhou, CHN, 225300
Jiangsu Chunlan Refrigerating Equipment Stock Co Ltd is a China-based company. It is a diversified, high-tech and internationalized modern company in manufacturing, research, investment and trade areas. Its product profile includes Residential Air Conditioners, Commercial Air Conditioners, and Power Battery and BMS. Residential Air Conditioners are further divided into Africa Products, Australia Products, Mid-East Products, Asia Products, and others. Commercial Air Conditioners is divided into Light Commercial Products, Multi-connected DC Invertors Series, and Chiller Series.
62GF Score

Get the complete analysis for SHSE:600854

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

¥4.77
Price
¥5.75
GF Value