Zhewen Interactive Group Co (SHSE:600986) Cyclically Adjusted PB Ratio: 1.90 (As of Aug. 23, 2026) — Near Median

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SHSE:600986 Zhewen Interactive Group Co Ltd SHSE:600986
58 GF Score
Price ¥7.06
GF Value ¥7.33
Valuation Fairly Valued
! 4 Warning Signs
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What is Zhewen Interactive Group Co Cyclically Adjusted PB Ratio?

Zhewen Interactive Group Co SHSE:600986 58 Cyclically Adjusted PB Ratio is 1.90 as of Aug. 23, 2026, which is 3% above its 10-year median of 1.84. GuruFocus rates SHSE:600986 with a GF Score™ of 58/100 and a GF Value™ of ¥7.33 (Fairly Valued). The stock has 4 warning signs investors should review. Among 675 Media - Diversified companies, Zhewen Interactive Group Co ranks worse than 72.44% on this metric.

As of today (2026-08-23), Zhewen Interactive Group Co's current share price is ¥7.06. Zhewen Interactive Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ¥3.72. Zhewen Interactive Group Co's Cyclically Adjusted PB Ratio for today is 1.90.

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

SHSE:600986' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.12   Med: 1.84   Max: 8.01
Current: 1.9

During the past years, Zhewen Interactive Group Co's highest Cyclically Adjusted PB Ratio was 8.01. The lowest was 1.12. And the median was 1.84.

SHSE:600986's Cyclically Adjusted PB Ratio is ranked worse than
72.44% of 675 companies
in the Media - Diversified industry
Industry Median: 0.99 vs SHSE:600986: 1.90

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.

Zhewen Interactive Group Co's adjusted book value per share data for the three months ended in Mar. 2026 was ¥3.469. 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 ¥3.72 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zhewen Interactive Group Co  (SHSE:600986) 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.


Zhewen Interactive Group Co Cyclically Adjusted PB Ratio Related Terms


Zhewen Interactive Group Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Zhewen Interactive Group 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.

Zhewen Interactive Group Co Cyclically Adjusted PB Ratio Chart

Zhewen Interactive Group 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 2.70 1.51 1.59 1.66 2.11

Zhewen Interactive Group 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 2.45 2.22 2.23 2.11 2.62

SHSE:600986 vs APP, OMC, TTD: Cyclically Adjusted PB Ratio Comparison

For the Advertising Agencies subindustry, Zhewen Interactive Group 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.


Zhewen Interactive Group Co Cyclically Adjusted PB Ratio vs Media - Diversified Industry

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

* The bar in red indicates where Zhewen Interactive Group Co's Cyclically Adjusted PB Ratio falls into.


SHSE:600986
58GF Score
Zhewen Interactive Group Co Ltd SHSE:600986
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zhewen Interactive Group 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.

Zhewen Interactive Group Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.06/3.72
=1.90

* 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.

Zhewen Interactive Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Zhewen Interactive Group 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)
=3.469/116.3033*116.3033
=3.469

Current CPI (Mar. 2026) = 116.3033.

Zhewen Interactive Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 3.274 101.400 3.755
201609 3.378 102.400 3.837
201612 3.471 102.600 3.935
201703 3.205 103.200 3.612
201706 4.353 103.100 4.910
201709 4.424 104.100 4.943
201712 4.519 104.500 5.029
201803 4.584 105.300 5.063
201806 4.774 104.900 5.293
201809 4.772 106.600 5.206
201812 4.632 106.500 5.058
201903 4.647 107.700 5.018
201906 4.643 107.700 5.014
201909 4.663 109.800 4.939
201912 2.676 111.200 2.799
202003 2.689 112.300 2.785
202006 2.719 110.400 2.864
202009 2.755 111.700 2.869
202012 2.751 111.500 2.870
202103 2.788 112.662 2.878
202106 2.852 111.769 2.968
202109 2.909 112.215 3.015
202112 2.981 113.108 3.065
202203 3.009 114.335 3.061
202206 3.037 114.558 3.083
202209 3.085 115.339 3.111
202212 3.052 115.116 3.083
202303 3.082 115.116 3.114
202306 3.133 114.558 3.181
202309 3.353 115.339 3.381
202312 3.405 114.781 3.450
202403 3.415 115.227 3.447
202406 3.423 114.781 3.468
202409 3.478 115.785 3.494
202412 3.428 114.893 3.470
202503 3.502 115.116 3.538
202506 3.503 114.907 3.546
202509 3.513 115.471 3.538
202512 3.484 115.832 3.498
202603 3.469 116.303 3.469

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 1.90 mean?
Zhewen Interactive Group Co (SHSE:600986) has a Cyclically Adjusted PB Ratio of 1.90 as of Aug. 23, 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 Zhewen Interactive Group Co and its competitors. This is near median its historical median of 1.84. Over the past decade, Zhewen Interactive Group Co's Cyclically Adjusted PB Ratio has ranged from 1.12 to 8.01. According to the industry distribution chart, Zhewen Interactive Group Co ranks #489 out of 675 companies in the Media - Diversified industry, placing it in the top 72.4%.
Is Zhewen Interactive Group Co's Cyclically Adjusted PB Ratio too high?
Zhewen Interactive Group Co's current Cyclically Adjusted PB Ratio of 1.90 is near median its 10-year median of 1.84. Over the past 10 years, this metric has ranged from a low of 1.12 to a high of 8.01. The Media - Diversified industry median Cyclically Adjusted PB Ratio is 0.99. Zhewen Interactive Group Co's value of 1.90 is 91.9% above this industry median. Based on the distribution chart, Zhewen Interactive Group Co ranks #489 out of 675 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Zhewen Interactive Group Co has a GF Score™ of 58/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zhewen Interactive Group Co's Cyclically Adjusted PB Ratio compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Zhewen Interactive Group Co ranks #489 out of 675 companies for Cyclically Adjusted PB Ratio. This places Zhewen Interactive Group Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.99. Zhewen Interactive Group Co's value of 1.90 is 91.9% above this benchmark. Historically, Zhewen Interactive Group Co's own Cyclically Adjusted PB Ratio has ranged from 1.12 to 8.01 over the past decade. While the company's 10-year median is 1.84 vs. the industry median of 0.99, Zhewen Interactive Group 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 0.99, based on 675 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. Zhewen Interactive Group Co's current Cyclically Adjusted PB Ratio of 1.90 is 91.9% 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 Zhewen Interactive Group Co and its competitors. For the Media - Diversified industry, the median Cyclically Adjusted PB Ratio is 0.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhewen Interactive Group Co's current Cyclically Adjusted PB Ratio is 1.90, which is near median its own 10-year median of 1.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhewen Interactive Group Co stock overvalued right now?
Based on GuruFocus' analysis, Zhewen Interactive Group Co (SHSE:600986) is currently considered Fairly Valued. The stock's GF Value™ is ¥7.33, compared to a current price of ¥7.06 — trading 3.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.90, which is near median its 10-year median of 1.84 and 91.9% above the Media - Diversified industry median of 0.99. Zhewen Interactive Group Co's overall GF Score™ is 58/100 with 4 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 Zhewen Interactive Group Co (SHSE:600986), the current Cyclically Adjusted PB Ratio is 1.90 as of Aug. 23, 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 Zhewen Interactive Group Co (SHSE:600986) Overvalued in 2026?

Based on GuruFocus' analysis, Zhewen Interactive Group Co stock appears to be undervalued. The current stock price of ¥7.06 is trading 3.7% below its estimated GF Value™ of ¥7.33. GuruFocus considers Zhewen Interactive Group Co to be Fairly Valued.

Key valuation signals for SHSE:600986:

  • Cyclically Adjusted PB Ratio: 1.90 (near median its 10-year median of 1.84)
  • GF Value™: ¥7.33 vs. price of ¥7.06 (3.7% below fair value)
  • GF Score™: 58/100 with 4 warning signs
  • Industry Position: 91.9% above the Media - Diversified median (#489 of 675)

No single metric tells the full story. See the SHSE:600986 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhewen Interactive Group Co Business Description

Address Issa Wenxin Plaza, 5th Floor, Block A, Chaoyang District, Beijing, CHN, 100000
Zhewen Interactive Group Co Ltd is engaged in digital marketing, with technology and data driving traffic operations, and digging into the value of traffic. It provides corporate marketing planning, corporate image planning, exhibition and display services; design, production, agency, and advertising.
58GF Score

Get the complete analysis for SHSE:600986

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

¥7.06
Price
¥7.33
GF Value