Triumph New Energy Co (SHSE:600876) Cyclically Adjusted PB Ratio: 1.71 (As of Aug. 20, 2026) — 89% Below Median

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SHSE:600876 Triumph New Energy Co Ltd SHSE:600876
48 GF Score
Price ¥7.03
GF Value ¥6.85
Valuation Fairly Valued
! 7 Warning Signs
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What is Triumph New Energy Co Cyclically Adjusted PB Ratio?

Triumph New Energy Co SHSE:600876 +1.15% 48 Cyclically Adjusted PB Ratio is 1.71 as of Aug. 20, 2026, which is 89% below its 10-year median of 14.91. GuruFocus rates SHSE:600876 with a GF Score™ of 48/100 and a GF Value™ of ¥6.85 (Fairly Valued). The stock has 7 warning signs investors should review. Among 303 Building Materials companies, Triumph New Energy Co ranks worse than 68.65% on this metric.

As of today (2026-08-20), Triumph New Energy Co's current share price is ¥7.03. Triumph New Energy Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ¥4.10. Triumph New Energy Co's Cyclically Adjusted PB Ratio for today is 1.71.

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

SHSE:600876' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.53   Med: 14.91   Max: 76.14
Current: 1.71

During the past years, Triumph New Energy Co's highest Cyclically Adjusted PB Ratio was 76.14. The lowest was 1.53. And the median was 14.91.

SHSE:600876's Cyclically Adjusted PB Ratio is ranked worse than
68.65% of 303 companies
in the Building Materials industry
Industry Median: 0.97 vs SHSE:600876: 1.71

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.

Triumph New Energy Co's adjusted book value per share data for the three months ended in Mar. 2026 was ¥4.258. 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 ¥4.10 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Triumph New Energy Co  (SHSE:600876) 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.


Triumph New Energy Co Cyclically Adjusted PB Ratio Related Terms


Triumph New Energy Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Triumph New Energy 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.

Triumph New Energy Co Cyclically Adjusted PB Ratio Chart

Triumph New Energy 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 24.38 9.32 4.99 2.76 2.46

Triumph New Energy 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 2.67 2.83 2.77 2.46 2.42

SHSE:600876 vs CRH, VMC, MLM: Cyclically Adjusted PB Ratio Comparison

For the Building Materials subindustry, Triumph New Energy 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.


Triumph New Energy Co Cyclically Adjusted PB Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Triumph New Energy Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


SHSE:600876
48GF Score
Triumph New Energy Co Ltd SHSE:600876
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Triumph New Energy 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.

Triumph New Energy Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.03/4.10
=1.71

* 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.

Triumph New Energy Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Triumph New Energy 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)
=4.258/116.3033*116.3033
=4.258

Current CPI (Mar. 2026) = 116.3033.

Triumph New Energy Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.877 101.400 1.006
201609 0.791 102.400 0.898
201612 0.993 102.600 1.126
201703 0.996 103.200 1.122
201706 0.996 103.100 1.124
201709 0.994 104.100 1.111
201712 2.121 104.500 2.361
201803 0.951 105.300 1.050
201806 2.256 104.900 2.501
201809 2.221 106.600 2.423
201812 2.224 106.500 2.429
201903 2.228 107.700 2.406
201906 2.252 107.700 2.432
201909 2.338 109.800 2.476
201912 2.352 111.200 2.460
202003 2.358 112.300 2.442
202006 2.381 110.400 2.508
202009 2.518 111.700 2.622
202012 3.222 111.500 3.361
202103 3.222 112.662 3.326
202106 3.326 111.769 3.461
202109 6.046 112.215 6.266
202112 5.939 113.108 6.107
202203 6.113 114.335 6.218
202206 6.323 114.558 6.419
202209 6.343 115.339 6.396
202212 6.555 115.116 6.623
202303 6.574 115.116 6.642
202306 6.754 114.558 6.857
202309 6.861 115.339 6.918
202312 7.166 114.781 7.261
202403 7.157 115.227 7.224
202406 7.082 114.781 7.176
202409 6.783 115.785 6.813
202412 6.222 114.893 6.298
202503 6.028 115.116 6.090
202506 5.526 114.907 5.593
202509 5.298 115.471 5.336
202512 4.806 115.832 4.826
202603 4.258 116.303 4.258

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 1.71 mean?
Triumph New Energy Co (SHSE:600876) has a Cyclically Adjusted PB Ratio of 1.71 as of Aug. 20, 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 Triumph New Energy Co and its competitors. This is 89% below median its historical median of 14.91. Over the past decade, Triumph New Energy Co's Cyclically Adjusted PB Ratio has ranged from 1.53 to 76.14. According to the industry distribution chart, Triumph New Energy Co ranks #208 out of 303 companies in the Building Materials industry, placing it in the top 68.6%.
Is Triumph New Energy Co's Cyclically Adjusted PB Ratio too high?
Triumph New Energy Co's current Cyclically Adjusted PB Ratio of 1.71 is 89% below median its 10-year median of 14.91. Over the past 10 years, this metric has ranged from a low of 1.53 to a high of 76.14. The Building Materials industry median Cyclically Adjusted PB Ratio is 0.97. Triumph New Energy Co's value of 1.71 is 76.3% above this industry median. Based on the distribution chart, Triumph New Energy Co ranks #208 out of 303 companies in the Building Materials industry, which is below the industry midpoint. Overall, Triumph New Energy Co has a GF Score™ of 48/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Triumph New Energy Co's Cyclically Adjusted PB Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, Triumph New Energy Co ranks #208 out of 303 companies for Cyclically Adjusted PB Ratio. This places Triumph New Energy Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.97. Triumph New Energy Co's value of 1.71 is 76.3% above this benchmark. Historically, Triumph New Energy Co's own Cyclically Adjusted PB Ratio has ranged from 1.53 to 76.14 over the past decade. While the company's 10-year median is 14.91 vs. the industry median of 0.97, Triumph New Energy 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 Building Materials company?
The median Cyclically Adjusted PB Ratio among Building Materials companies is 0.97, based on 303 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. Triumph New Energy Co's current Cyclically Adjusted PB Ratio of 1.71 is 76.3% 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 Triumph New Energy Co and its competitors. For the Building Materials industry, the median Cyclically Adjusted PB Ratio is 0.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Triumph New Energy Co's current Cyclically Adjusted PB Ratio is 1.71, which is 89% below median its own 10-year median of 14.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Triumph New Energy Co stock overvalued right now?
Based on GuruFocus' analysis, Triumph New Energy Co (SHSE:600876) is currently considered Fairly Valued. The stock's GF Value™ is ¥6.85, compared to a current price of ¥7.03 — trading 2.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.71, which is 89% below median its 10-year median of 14.91 and 76.3% above the Building Materials industry median of 0.97. Triumph New Energy Co's overall GF Score™ is 48/100 with 7 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 Triumph New Energy Co (SHSE:600876), the current Cyclically Adjusted PB Ratio is 1.71 as of Aug. 20, 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 Triumph New Energy Co (SHSE:600876) Overvalued in 2026?

Based on GuruFocus' analysis, Triumph New Energy Co stock appears to be overvalued. The current stock price of ¥7.03 is trading 2.6% above its estimated GF Value™ of ¥6.85. GuruFocus considers Triumph New Energy Co to be Fairly Valued.

Key valuation signals for SHSE:600876:

  • Cyclically Adjusted PB Ratio: 1.71 (89% below median its 10-year median of 14.91)
  • GF Value™: ¥6.85 vs. price of ¥7.03 (2.6% above fair value)
  • GF Score™: 48/100 with 7 warning signs
  • Industry Position: 76.3% above the Building Materials median (#208 of 303)

No single metric tells the full story. See the SHSE:600876 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Triumph New Energy Co Business Description

Other Exchanges LUOYF:USA01108:Hong Kong
Address No. 9, Tang Gong Zhong Lu, Xigong District, Henan Province, Luoyang, CHN, 471009
Triumph New Energy Co Ltd is a glass manufacturing enterprise, which is mainly engaged in the production and sales of new energy glass and other functional glass. Its scope of business includes manufacturing and sales of photovoltaic equipment and components; manufacturing of glass; manufacturing of non-metallic mineral products; sales of non-metallic minerals and its products; manufacturing and sales of technical glass products; technical services for solar power generation; research and development of new materials technology and emerging energy technologies; manufacturing of machinery for the production of building materials; procurement and agency services; technical services, technical development, technical consultation, technical exchange, technology transfer, technology promotion.
48GF Score

Get the complete analysis for SHSE:600876

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

¥7.03
Price
¥6.85
GF Value