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Yueyang Forest & Paper CoSHSE:600963 +0.29%50 Cyclically Adjusted PB Ratio is 0.72 as of Sep. 04, 2026, which is 32% below its 10-year median of 1.06. GuruFocus rates SHSE:600963 with a GF Score™ of 50/100 and a GF Value™ of ¥5.86 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 208 Forest Products companies, Yueyang Forest & Paper Co ranks worse than 50.48% on this metric.
The historical rank and industry rank for Yueyang Forest & Paper Co's Cyclically Adjusted PB Ratio or its related term are showing as below:
SHSE:600963'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.63 Med: 1.06 Max: 2.47
Current: 0.75
During the past years, Yueyang Forest & Paper Co's highest Cyclically Adjusted PB Ratio was 2.47. The lowest was 0.63. And the median was 1.06.
SHSE:600963's Cyclically Adjusted PB Ratio is ranked worse than 50.48% of 208
companies
in the Forest Products industry
Industry Median: 0.745
vs SHSE:600963: 0.75
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.
Yueyang Forest & Paper Co's adjusted book value per share data for the three months ended in Jun. 2026 was ¥4.329. 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 ¥4.76 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Yueyang Forest & Paper Co (SHSE:600963) 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.
Yueyang Forest & Paper Co Cyclically Adjusted PB Ratio Related Terms
Yueyang Forest & Paper Co Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for Yueyang Forest & Paper 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.
Yueyang Forest & Paper Co Cyclically Adjusted PB Ratio Chart
Yueyang Forest & Paper Co Cyclically Adjusted PB Ratio Competitor Comparison
For the Paper & Paper Products subindustry, Yueyang Forest & Paper 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.
Yueyang Forest & Paper Co Cyclically Adjusted PB Ratio vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Yueyang Forest & Paper Co's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Yueyang Forest & Paper Co's Cyclically Adjusted PB Ratio falls into.
Yueyang Forest & Paper 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.
* 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.
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 0.72 mean?
Yueyang Forest & Paper Co (SHSE:600963) has a Cyclically Adjusted PB Ratio of 0.72 as of Sep. 04, 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 Yueyang Forest & Paper Co and its competitors. This is 32% below median its historical median of 1.06. Over the past decade, Yueyang Forest & Paper Co's Cyclically Adjusted PB Ratio has ranged from 0.63 to 2.47. According to the industry distribution chart, Yueyang Forest & Paper Co ranks #105 out of 208 companies in the Forest Products industry, placing it in the top 50.5%.
Is Yueyang Forest & Paper Co's Cyclically Adjusted PB Ratio too high?
Yueyang Forest & Paper Co's current Cyclically Adjusted PB Ratio of 0.72 is 32% below median its 10-year median of 1.06. Over the past 10 years, this metric has ranged from a low of 0.63 to a high of 2.47. The Forest Products industry median Cyclically Adjusted PB Ratio is 0.75. Yueyang Forest & Paper Co's value of 0.72 is 3.4% below this industry median. Based on the distribution chart, Yueyang Forest & Paper Co ranks #105 out of 208 companies in the Forest Products industry, which is below the industry midpoint. Overall, Yueyang Forest & Paper Co has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Yueyang Forest & Paper Co's Cyclically Adjusted PB Ratio compare to competitors?
According to the Forest Products industry distribution chart, Yueyang Forest & Paper Co ranks #105 out of 208 companies for Cyclically Adjusted PB Ratio. This places Yueyang Forest & Paper Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.75. Yueyang Forest & Paper Co's value of 0.72 is 3.4% below this benchmark. Historically, Yueyang Forest & Paper Co's own Cyclically Adjusted PB Ratio has ranged from 0.63 to 2.47 over the past decade. While the company's 10-year median is 1.06 vs. the industry median of 0.75, Yueyang Forest & Paper 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 Forest Products company?
The median Cyclically Adjusted PB Ratio among Forest Products companies is 0.75, based on 208 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. Yueyang Forest & Paper Co's current Cyclically Adjusted PB Ratio of 0.72 is 3.4% 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 Yueyang Forest & Paper Co and its competitors. For the Forest Products industry, the median Cyclically Adjusted PB Ratio is 0.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yueyang Forest & Paper Co's current Cyclically Adjusted PB Ratio is 0.72, which is 32% below median its own 10-year median of 1.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yueyang Forest & Paper Co stock overvalued right now?
Based on GuruFocus' analysis, Yueyang Forest & Paper Co (SHSE:600963) is currently considered Possible Value Trap. The stock's GF Value™ is ¥5.86, compared to a current price of ¥3.43 — trading 41.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.72, which is 32% below median its 10-year median of 1.06 and 3.4% below the Forest Products industry median of 0.75. Yueyang Forest & Paper Co's overall GF Score™ is 50/100 with 8 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 Yueyang Forest & Paper Co (SHSE:600963), the current Cyclically Adjusted PB Ratio is 0.72 as of Sep. 04, 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 Yueyang Forest & Paper Co (SHSE:600963) Overvalued in 2026?
Based on GuruFocus' analysis, Yueyang Forest & Paper Co stock appears to be undervalued.
The current stock price of ¥3.43 is trading 41.5% below its estimated GF Value™ of ¥5.86.
GuruFocus considers Yueyang Forest & Paper Co to be Possible Value Trap.
Key valuation signals for SHSE:600963:
Cyclically Adjusted PB Ratio: 0.72 (32% below median its 10-year median of 1.06)
GF Value™: ¥5.86 vs. price of ¥3.43 (41.5% below fair value)
Industry Position: 3.4% below the Forest Products median (#105 of 208)
No single metric tells the full story. See the SHSE:600963 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Yueyang Forest & Paper Co Ltd is a China-based cultural paper, industrial paper, packaging paper production enterprise. The company's products are offset printing paper, digital printing paper, copy paper, refined lightweight coated paper, lightweight coated paper, light offset paper, industrial base paper, refined kraft paper, stretch paper bag paper and others. The products are offered to publishers, magazines, large printing plants, paper products processing companies, paper products dealers and others. The company's product enjoys a high reputation in China and its products are exported to many countries and regions.
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