Xinjiang Joinworld Co (SHSE:600888) Cyclically Adjusted PB Ratio: 1.77 (As of Sep. 07, 2026) — 16% Above Median

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SHSE:600888 Xinjiang Joinworld Co Ltd SHSE:600888
60 GF Score
Price ¥9.98
GF Value ¥8.07
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Xinjiang Joinworld Co Cyclically Adjusted PB Ratio?

Xinjiang Joinworld Co SHSE:600888 +1.11% 60 Cyclically Adjusted PB Ratio is 1.77 as of Sep. 07, 2026, which is 16% above its 10-year median of 1.52. GuruFocus rates SHSE:600888 with a GF Score™ of 60/100 and a GF Value™ of ¥8.07 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,499 Metals & Mining companies, Xinjiang Joinworld Co ranks worse than 52.23% on this metric.

As of today (2026-09-07), Xinjiang Joinworld Co's current share price is ¥9.98. Xinjiang Joinworld Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ¥5.64. Xinjiang Joinworld Co's Cyclically Adjusted PB Ratio for today is 1.77.

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

SHSE:600888' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.87   Med: 1.52   Max: 2.91
Current: 1.75

During the past years, Xinjiang Joinworld Co's highest Cyclically Adjusted PB Ratio was 2.91. The lowest was 0.87. And the median was 1.52.

SHSE:600888's Cyclically Adjusted PB Ratio is ranked worse than
52.23% of 1499 companies
in the Metals & Mining industry
Industry Median: 1.56 vs SHSE:600888: 1.75

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.

Xinjiang Joinworld Co's adjusted book value per share data for the three months ended in Jun. 2026 was ¥8.349. 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 ¥5.64 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Xinjiang Joinworld Co  (SHSE:600888) 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.


Xinjiang Joinworld Co Cyclically Adjusted PB Ratio Related Terms


Xinjiang Joinworld Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Xinjiang Joinworld 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.

Xinjiang Joinworld Co Cyclically Adjusted PB Ratio Chart

Xinjiang Joinworld 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 1.93 1.84 1.56 1.43 1.51

Xinjiang Joinworld 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 1.32 1.51 1.51 1.44 2.82

SHSE:600888 vs AA: Cyclically Adjusted PB Ratio Comparison

For the Aluminum subindustry, Xinjiang Joinworld 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.


Xinjiang Joinworld Co Cyclically Adjusted PB Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Xinjiang Joinworld Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


SHSE:600888
60GF Score
Xinjiang Joinworld Co Ltd SHSE:600888
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Xinjiang Joinworld 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.98/5.64
=1.77

* 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.

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

For example, Xinjiang Joinworld 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)
=8.349/116.0564*116.0564
=8.349

Current CPI (Jun. 2026) = 116.0564.

Xinjiang Joinworld Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 3.536 102.400 4.008
201612 3.564 102.600 4.031
201703 3.608 103.200 4.057
201706 3.625 103.100 4.081
201709 3.639 104.100 4.057
201712 3.720 104.500 4.131
201803 3.793 105.300 4.180
201806 3.814 104.900 4.220
201809 3.835 106.600 4.175
201812 3.789 106.500 4.129
201903 3.839 107.700 4.137
201906 4.634 107.700 4.994
201909 3.931 109.800 4.155
201912 3.917 111.200 4.088
202003 4.090 112.300 4.227
202006 4.032 110.400 4.239
202009 4.169 111.700 4.332
202012 4.280 111.500 4.455
202103 3.664 112.662 3.774
202106 4.679 111.769 4.858
202109 4.768 112.215 4.931
202112 5.077 113.108 5.209
202203 5.394 114.335 5.475
202206 5.600 114.558 5.673
202209 5.932 115.339 5.969
202212 6.211 115.116 6.262
202303 6.557 115.116 6.611
202306 6.519 114.558 6.604
202309 6.913 115.339 6.956
202312 7.144 114.781 7.223
202403 7.425 115.227 7.478
202406 7.489 114.781 7.572
202409 7.740 115.785 7.758
202412 8.055 114.893 8.137
202503 8.167 115.116 8.234
202506 7.977 114.907 8.057
202509 8.099 115.471 8.140
202512 8.250 115.832 8.266
202603 8.243 116.303 8.226
202606 8.349 116.056 8.349

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 1.77 mean?
Xinjiang Joinworld Co (SHSE:600888) has a Cyclically Adjusted PB Ratio of 1.77 as of Sep. 07, 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 Xinjiang Joinworld Co and its competitors. This is 16% above median its historical median of 1.52. Over the past decade, Xinjiang Joinworld Co's Cyclically Adjusted PB Ratio has ranged from 0.87 to 2.91. According to the industry distribution chart, Xinjiang Joinworld Co ranks #783 out of 1499 companies in the Metals & Mining industry, placing it in the top 52.2%.
Is Xinjiang Joinworld Co's Cyclically Adjusted PB Ratio too high?
Xinjiang Joinworld Co's current Cyclically Adjusted PB Ratio of 1.77 is 16% above median its 10-year median of 1.52. Over the past 10 years, this metric has ranged from a low of 0.87 to a high of 2.91. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.56. Xinjiang Joinworld Co's value of 1.77 is 13.5% above this industry median. Based on the distribution chart, Xinjiang Joinworld Co ranks #783 out of 1499 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Xinjiang Joinworld Co has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Xinjiang Joinworld Co's Cyclically Adjusted PB Ratio compare to AA?
According to the Metals & Mining industry distribution chart, Xinjiang Joinworld Co ranks #783 out of 1499 companies for Cyclically Adjusted PB Ratio. This places Xinjiang Joinworld Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.56. Xinjiang Joinworld Co's value of 1.77 is 13.5% above this benchmark. Historically, Xinjiang Joinworld Co's own Cyclically Adjusted PB Ratio has ranged from 0.87 to 2.91 over the past decade. While the company's 10-year median is 1.52 vs. the industry median of 1.56, Xinjiang Joinworld 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 Metals & Mining company?
The median Cyclically Adjusted PB Ratio among Metals & Mining companies is 1.56, based on 1,499 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. Xinjiang Joinworld Co's current Cyclically Adjusted PB Ratio of 1.77 is 13.5% 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 Xinjiang Joinworld Co and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Xinjiang Joinworld Co's current Cyclically Adjusted PB Ratio is 1.77, which is 16% above median its own 10-year median of 1.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xinjiang Joinworld Co stock overvalued right now?
Based on GuruFocus' analysis, Xinjiang Joinworld Co (SHSE:600888) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥8.07, compared to a current price of ¥9.98 — trading 23.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.77, which is 16% above median its 10-year median of 1.52 and 13.5% above the Metals & Mining industry median of 1.56. Xinjiang Joinworld Co's overall GF Score™ is 60/100 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 Xinjiang Joinworld Co (SHSE:600888), the current Cyclically Adjusted PB Ratio is 1.77 as of Sep. 07, 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 Xinjiang Joinworld Co (SHSE:600888) Overvalued in 2026?

Based on GuruFocus' analysis, Xinjiang Joinworld Co stock appears to be overvalued. The current stock price of ¥9.98 is trading 23.7% above its estimated GF Value™ of ¥8.07. GuruFocus considers Xinjiang Joinworld Co to be Modestly Overvalued.

Key valuation signals for SHSE:600888:

  • Cyclically Adjusted PB Ratio: 1.77 (16% above median its 10-year median of 1.52)
  • GF Value™: ¥8.07 vs. price of ¥9.98 (23.7% above fair value)
  • GF Score™: 60/100 with 6 warning signs
  • Industry Position: 13.5% above the Metals & Mining median (#783 of 1499)

No single metric tells the full story. See the SHSE:600888 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Xinjiang Joinworld Co Business Description

Address No. 18 Kashi East Road, Xinjiang Uygur Autonomous Region, Urumqi, CHN, 830013
Xinjiang Joinworld Co Ltd is a producer of high purity aluminum and electronic aluminum foil in China. The products are sold in domestic markets as well as in Japan, Europe, Southeast Asia and Taiwan.
60GF Score

Get the complete analysis for SHSE:600888

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

¥9.98
Price
¥8.07
GF Value