Beijing Aerospace Changfeng Co (SHSE:600855) Cyclically Adjusted PB Ratio: 3.38 (As of Aug. 02, 2026) — 22% Below Median

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SHSE:600855 Beijing Aerospace Changfeng Co Ltd SHSE:600855
59 GF Score
Price ¥12.17
GF Value ¥10.61
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Beijing Aerospace Changfeng Co Cyclically Adjusted PB Ratio?

Beijing Aerospace Changfeng Co SHSE:600855 +1.67% 59 Cyclically Adjusted PB Ratio is 3.38 as of Aug. 02, 2026, which is 22% below its 10-year median of 4.36. GuruFocus rates SHSE:600855 with a GF Score™ of 59/100 and a GF Value™ of ¥10.61 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 2,262 Industrial Products companies, Beijing Aerospace Changfeng Co ranks worse than 67.51% on this metric.

As of today (2026-08-02), Beijing Aerospace Changfeng Co's current share price is ¥12.17. Beijing Aerospace Changfeng Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ¥3.60. Beijing Aerospace Changfeng Co's Cyclically Adjusted PB Ratio for today is 3.38.

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

SHSE:600855' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.2   Med: 4.36   Max: 13.05
Current: 3.38

During the past years, Beijing Aerospace Changfeng Co's highest Cyclically Adjusted PB Ratio was 13.05. The lowest was 2.20. And the median was 4.36.

SHSE:600855's Cyclically Adjusted PB Ratio is ranked worse than
67.51% of 2262 companies
in the Industrial Products industry
Industry Median: 2.075 vs SHSE:600855: 3.38

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.

Beijing Aerospace Changfeng Co's adjusted book value per share data for the three months ended in Mar. 2026 was ¥2.984. 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 ¥3.60 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Beijing Aerospace Changfeng Co  (SHSE:600855) 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.


Beijing Aerospace Changfeng Co Cyclically Adjusted PB Ratio Related Terms


Beijing Aerospace Changfeng Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Beijing Aerospace Changfeng 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.

Beijing Aerospace Changfeng Co Cyclically Adjusted PB Ratio Chart

Beijing Aerospace Changfeng 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 5.49 3.70 3.12 3.66 5.87

Beijing Aerospace Changfeng 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 3.01 4.04 4.02 5.87 4.77

SHSE:600855 vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Beijing Aerospace Changfeng 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.


Beijing Aerospace Changfeng Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Beijing Aerospace Changfeng Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


SHSE:600855
59GF Score
Beijing Aerospace Changfeng Co Ltd SHSE:600855
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Beijing Aerospace Changfeng 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.

Beijing Aerospace Changfeng Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12.17/3.60
=3.38

* 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.

Beijing Aerospace Changfeng Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Beijing Aerospace Changfeng 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)
=2.984/116.3033*116.3033
=2.984

Current CPI (Mar. 2026) = 116.3033.

Beijing Aerospace Changfeng Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.568 101.400 2.945
201609 2.560 102.400 2.908
201612 2.661 102.600 3.016
201703 2.618 103.200 2.950
201706 2.608 103.100 2.942
201709 2.609 104.100 2.915
201712 2.639 104.500 2.937
201803 2.420 105.300 2.673
201806 3.181 104.900 3.527
201809 3.224 106.600 3.517
201812 4.043 106.500 4.415
201903 3.284 107.700 3.546
201906 3.167 107.700 3.420
201909 3.289 109.800 3.484
201912 3.568 111.200 3.732
202003 3.681 112.300 3.812
202006 3.966 110.400 4.178
202009 3.919 111.700 4.081
202012 3.846 111.500 4.012
202103 3.865 112.662 3.990
202106 3.833 111.769 3.988
202109 3.858 112.215 3.999
202112 3.946 113.108 4.057
202203 3.857 114.335 3.923
202206 3.823 114.558 3.881
202209 3.826 115.339 3.858
202212 3.906 115.116 3.946
202303 3.810 115.116 3.849
202306 4.276 114.558 4.341
202309 4.239 115.339 4.274
202312 3.912 114.781 3.964
202403 3.821 115.227 3.857
202406 3.803 114.781 3.853
202409 3.748 115.785 3.765
202412 3.435 114.893 3.477
202503 3.344 115.116 3.379
202506 3.315 114.907 3.355
202509 3.268 115.471 3.292
202512 3.066 115.832 3.078
202603 2.984 116.303 2.984

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 3.38 mean?
Beijing Aerospace Changfeng Co (SHSE:600855) has a Cyclically Adjusted PB Ratio of 3.38 as of Aug. 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 Beijing Aerospace Changfeng Co and its competitors. This is 22% below median its historical median of 4.36. Over the past decade, Beijing Aerospace Changfeng Co's Cyclically Adjusted PB Ratio has ranged from 2.20 to 13.05. According to the industry distribution chart, Beijing Aerospace Changfeng Co ranks #1527 out of 2262 companies in the Industrial Products industry, placing it in the top 67.5%.
Is Beijing Aerospace Changfeng Co's Cyclically Adjusted PB Ratio too high?
Beijing Aerospace Changfeng Co's current Cyclically Adjusted PB Ratio of 3.38 is 22% below median its 10-year median of 4.36. Over the past 10 years, this metric has ranged from a low of 2.20 to a high of 13.05. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.08. Beijing Aerospace Changfeng Co's value of 3.38 is 62.9% above this industry median. Based on the distribution chart, Beijing Aerospace Changfeng Co ranks #1527 out of 2262 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Beijing Aerospace Changfeng Co has a GF Score™ of 59/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Beijing Aerospace Changfeng Co's Cyclically Adjusted PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Beijing Aerospace Changfeng Co ranks #1527 out of 2262 companies for Cyclically Adjusted PB Ratio. This places Beijing Aerospace Changfeng Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.08. Beijing Aerospace Changfeng Co's value of 3.38 is 62.9% above this benchmark. Historically, Beijing Aerospace Changfeng Co's own Cyclically Adjusted PB Ratio has ranged from 2.20 to 13.05 over the past decade. While the company's 10-year median is 4.36 vs. the industry median of 2.08, Beijing Aerospace Changfeng 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 Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.08, based on 2,262 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. Beijing Aerospace Changfeng Co's current Cyclically Adjusted PB Ratio of 3.38 is 62.9% 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 Beijing Aerospace Changfeng Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Beijing Aerospace Changfeng Co's current Cyclically Adjusted PB Ratio is 3.38, which is 22% below median its own 10-year median of 4.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beijing Aerospace Changfeng Co stock overvalued right now?
Based on GuruFocus' analysis, Beijing Aerospace Changfeng Co (SHSE:600855) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥10.61, compared to a current price of ¥12.17 — trading 14.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.38, which is 22% below median its 10-year median of 4.36 and 62.9% above the Industrial Products industry median of 2.08. Beijing Aerospace Changfeng Co's overall GF Score™ is 59/100 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 Beijing Aerospace Changfeng Co (SHSE:600855), the current Cyclically Adjusted PB Ratio is 3.38 as of Aug. 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 Beijing Aerospace Changfeng Co (SHSE:600855) Overvalued in 2026?

Based on GuruFocus' analysis, Beijing Aerospace Changfeng Co stock appears to be overvalued. The current stock price of ¥12.17 is trading 14.7% above its estimated GF Value™ of ¥10.61. GuruFocus considers Beijing Aerospace Changfeng Co to be Modestly Overvalued.

Key valuation signals for SHSE:600855:

  • Cyclically Adjusted PB Ratio: 3.38 (22% below median its 10-year median of 4.36)
  • GF Value™: ¥10.61 vs. price of ¥12.17 (14.7% above fair value)
  • GF Score™: 59/100 with 3 warning signs
  • Industry Position: 62.9% above the Industrial Products median (#1527 of 2262)

No single metric tells the full story. See the SHSE:600855 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Beijing Aerospace Changfeng Co Business Description

Address No. 51 Yong Ding Road, Aerospace Tower, Haidian District, Beijing, Beijing, CHN, 100854
Beijing Aerospace Changfeng Co Ltd is a China-based company. The business activities of the company include medical device, medical informatization, integrated digital operating room solution, laminar flow operating room project, safety city project, smart city project, security control of the large-scale event, emergency and counter-terrorism. It offers a range of product that includes Anesthesia machine, Ventilators, Operating room tables and Surgical lamp.
59GF Score

Get the complete analysis for SHSE:600855

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

¥12.17
Price
¥10.61
GF Value