Chengdu B-ray Media Co (SHSE:600880) Cyclically Adjusted PB Ratio: 1.32 (As of Aug. 28, 2026) — 15% Below Median

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SHSE:600880 Chengdu B-ray Media Co Ltd SHSE:600880
59 GF Score
Price ¥3.94
GF Value ¥3.93
Valuation Fairly Valued
! 6 Warning Signs
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What is Chengdu B-ray Media Co Cyclically Adjusted PB Ratio?

Chengdu B-ray Media Co SHSE:600880 +0.51% 59 Cyclically Adjusted PB Ratio is 1.32 as of Aug. 28, 2026, which is 15% below its 10-year median of 1.56. GuruFocus rates SHSE:600880 with a GF Score™ of 59/100 and a GF Value™ of ¥3.93 (Fairly Valued). The stock has 6 warning signs investors should review. Among 655 Media - Diversified companies, Chengdu B-ray Media Co ranks worse than 58.78% on this metric.

As of today (2026-08-28), Chengdu B-ray Media Co's current share price is ¥3.94. Chengdu B-ray Media Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ¥2.98. Chengdu B-ray Media Co's Cyclically Adjusted PB Ratio for today is 1.32.

The historical rank and industry rank for Chengdu B-ray Media Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:600880' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.04   Med: 1.56   Max: 4.11
Current: 1.32

During the past years, Chengdu B-ray Media Co's highest Cyclically Adjusted PB Ratio was 4.11. The lowest was 1.04. And the median was 1.56.

SHSE:600880's Cyclically Adjusted PB Ratio is ranked worse than
58.78% of 655 companies
in the Media - Diversified industry
Industry Median: 1.01 vs SHSE:600880: 1.32

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.

Chengdu B-ray Media Co's adjusted book value per share data for the three months ended in Jun. 2026 was ¥2.691. 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 ¥2.98 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chengdu B-ray Media Co  (SHSE:600880) 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.


Chengdu B-ray Media Co Cyclically Adjusted PB Ratio Related Terms


Chengdu B-ray Media Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Chengdu B-ray Media 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.

Chengdu B-ray Media Co Cyclically Adjusted PB Ratio Chart

Chengdu B-ray Media 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 2.37 1.67 1.56 1.53 1.63

Chengdu B-ray Media 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 1.75 1.60 1.63 1.60 1.24

SHSE:600880 vs NYT, WLY: Cyclically Adjusted PB Ratio Comparison

For the Publishing subindustry, Chengdu B-ray Media 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.


Chengdu B-ray Media Co Cyclically Adjusted PB Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Chengdu B-ray Media Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Chengdu B-ray Media Co's Cyclically Adjusted PB Ratio falls into.


SHSE:600880
59GF Score
Chengdu B-ray Media Co Ltd SHSE:600880
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chengdu B-ray Media 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.

Chengdu B-ray Media Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.94/2.98
=1.32

* 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.

Chengdu B-ray Media Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Chengdu B-ray Media 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)
=2.691/116.0564*116.0564
=2.691

Current CPI (Jun. 2026) = 116.0564.

Chengdu B-ray Media Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 3.312 102.400 3.754
201612 3.309 102.600 3.743
201703 3.276 103.200 3.684
201706 3.262 103.100 3.672
201709 3.260 104.100 3.634
201712 3.331 104.500 3.699
201803 3.340 105.300 3.681
201806 3.337 104.900 3.692
201809 3.342 106.600 3.638
201812 2.548 106.500 2.777
201903 2.572 107.700 2.772
201906 2.583 107.700 2.783
201909 2.610 109.800 2.759
201912 2.620 111.200 2.734
202003 2.630 112.300 2.718
202006 2.649 110.400 2.785
202009 2.652 111.700 2.755
202012 2.679 111.500 2.788
202103 2.693 112.662 2.774
202106 2.689 111.769 2.792
202109 2.711 112.215 2.804
202112 2.734 113.108 2.805
202203 2.753 114.335 2.794
202206 2.741 114.558 2.777
202209 2.750 115.339 2.767
202212 2.752 115.116 2.774
202303 2.754 115.116 2.777
202306 2.756 114.558 2.792
202309 2.768 115.339 2.785
202312 2.773 114.781 2.804
202403 2.783 115.227 2.803
202406 2.781 114.781 2.812
202409 2.774 115.785 2.781
202412 2.781 114.893 2.809
202503 2.785 115.116 2.808
202506 2.780 114.907 2.808
202509 2.776 115.471 2.790
202512 2.759 115.832 2.764
202603 2.746 116.303 2.740
202606 2.691 116.056 2.691

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 1.32 mean?
Chengdu B-ray Media Co (SHSE:600880) has a Cyclically Adjusted PB Ratio of 1.32 as of Aug. 28, 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 Chengdu B-ray Media Co and its competitors. This is 15% below median its historical median of 1.56. Over the past decade, Chengdu B-ray Media Co's Cyclically Adjusted PB Ratio has ranged from 1.04 to 4.11. According to the industry distribution chart, Chengdu B-ray Media Co ranks #385 out of 655 companies in the Media - Diversified industry, placing it in the top 58.8%.
Is Chengdu B-ray Media Co's Cyclically Adjusted PB Ratio too high?
Chengdu B-ray Media Co's current Cyclically Adjusted PB Ratio of 1.32 is 15% below median its 10-year median of 1.56. Over the past 10 years, this metric has ranged from a low of 1.04 to a high of 4.11. The Media - Diversified industry median Cyclically Adjusted PB Ratio is 1.01. Chengdu B-ray Media Co's value of 1.32 is 30.7% above this industry median. Based on the distribution chart, Chengdu B-ray Media Co ranks #385 out of 655 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Chengdu B-ray Media Co has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Chengdu B-ray Media Co's Cyclically Adjusted PB Ratio compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, Chengdu B-ray Media Co ranks #385 out of 655 companies for Cyclically Adjusted PB Ratio. This places Chengdu B-ray Media Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.01. Chengdu B-ray Media Co's value of 1.32 is 30.7% above this benchmark. Historically, Chengdu B-ray Media Co's own Cyclically Adjusted PB Ratio has ranged from 1.04 to 4.11 over the past decade. While the company's 10-year median is 1.56 vs. the industry median of 1.01, Chengdu B-ray Media 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 Media - Diversified company?
The median Cyclically Adjusted PB Ratio among Media - Diversified companies is 1.01, based on 655 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. Chengdu B-ray Media Co's current Cyclically Adjusted PB Ratio of 1.32 is 30.7% 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 Chengdu B-ray Media Co and its competitors. For the Media - Diversified industry, the median Cyclically Adjusted PB Ratio is 1.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chengdu B-ray Media Co's current Cyclically Adjusted PB Ratio is 1.32, which is 15% below median its own 10-year median of 1.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chengdu B-ray Media Co stock overvalued right now?
Based on GuruFocus' analysis, Chengdu B-ray Media Co (SHSE:600880) is currently considered Fairly Valued. The stock's GF Value™ is ¥3.93, compared to a current price of ¥3.94 — trading 0.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.32, which is 15% below median its 10-year median of 1.56 and 30.7% above the Media - Diversified industry median of 1.01. Chengdu B-ray Media Co's overall GF Score™ is 59/100 with 6 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 Chengdu B-ray Media Co (SHSE:600880), the current Cyclically Adjusted PB Ratio is 1.32 as of Aug. 28, 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 Chengdu B-ray Media Co (SHSE:600880) Overvalued in 2026?

Based on GuruFocus' analysis, Chengdu B-ray Media Co stock appears to be overvalued. The current stock price of ¥3.94 is trading 0.3% above its estimated GF Value™ of ¥3.93. GuruFocus considers Chengdu B-ray Media Co to be Fairly Valued.

Key valuation signals for SHSE:600880:

  • Cyclically Adjusted PB Ratio: 1.32 (15% below median its 10-year median of 1.56)
  • GF Value™: ¥3.93 vs. price of ¥3.94 (0.3% above fair value)
  • GF Score™: 59/100 with 6 warning signs
  • Industry Position: 30.7% above the Media - Diversified median (#385 of 655)

No single metric tells the full story. See the SHSE:600880 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chengdu B-ray Media Co Business Description

Address Jinjiang Industrial Park, Sichuan Province, Chengdu, CHN, 610063
Chengdu B-ray Media Co Ltd is a China-based media company which operates newspaper and commercial printing services, outdoor and agent advertising, as well as newspaper and magazine printing and delivery, and the operation of online games.
59GF Score

Get the complete analysis for SHSE:600880

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

¥3.94
Price
¥3.93
GF Value