LONGi Green Energy Technology Co (SHSE:601012) Cyclically Adjusted PB Ratio: 2.29 (As of Aug. 21, 2026) — 79% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:601012 LONGi Green Energy Technology Co Ltd SHSE:601012
77 GF Score
Price ¥12.44
GF Value ¥13.28
Valuation Fairly Valued
! 9 Warning Signs
View Full Analysis

What is LONGi Green Energy Technology Co Cyclically Adjusted PB Ratio?

LONGi Green Energy Technology Co SHSE:601012 +0.24% 77 Cyclically Adjusted PB Ratio is 2.29 as of Aug. 21, 2026, which is 79% below its 10-year median of 11.01. GuruFocus rates SHSE:601012 with a GF Score™ of 77/100 and a GF Value™ of ¥13.28 (Fairly Valued). The stock has 9 warning signs investors should review. Among 726 Semiconductors companies, LONGi Green Energy Technology Co ranks better than 60.19% on this metric.

As of today (2026-08-21), LONGi Green Energy Technology Co's current share price is ¥12.44. LONGi Green Energy Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ¥5.43. LONGi Green Energy Technology Co's Cyclically Adjusted PB Ratio for today is 2.29.

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

SHSE:601012' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.16   Med: 11.01   Max: 37.72
Current: 2.33

During the past years, LONGi Green Energy Technology Co's highest Cyclically Adjusted PB Ratio was 37.72. The lowest was 2.16. And the median was 11.01.

SHSE:601012's Cyclically Adjusted PB Ratio is ranked better than
60.19% of 726 companies
in the Semiconductors industry
Industry Median: 3.24 vs SHSE:601012: 2.33

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.

LONGi Green Energy Technology Co's adjusted book value per share data for the three months ended in Mar. 2026 was ¥6.722. 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 ¥5.43 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


LONGi Green Energy Technology Co  (SHSE:601012) 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.


LONGi Green Energy Technology Co Cyclically Adjusted PB Ratio Related Terms


LONGi Green Energy Technology Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for LONGi Green Energy Technology 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.

LONGi Green Energy Technology Co Cyclically Adjusted PB Ratio Chart

LONGi Green Energy Technology 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 27.65 14.36 6.06 3.44 3.46

LONGi Green Energy Technology 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 3.34 3.06 3.53 3.46 3.23

SHSE:601012 vs AMAT, LRCX, KLAC: Cyclically Adjusted PB Ratio Comparison

For the Semiconductor Equipment & Materials subindustry, LONGi Green Energy Technology 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.


LONGi Green Energy Technology Co Cyclically Adjusted PB Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, LONGi Green Energy Technology Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where LONGi Green Energy Technology Co's Cyclically Adjusted PB Ratio falls into.


SHSE:601012
77GF Score
LONGi Green Energy Technology Co Ltd SHSE:601012
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

LONGi Green Energy Technology 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.

LONGi Green Energy Technology Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12.44/5.43
=2.29

* 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.

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

For example, LONGi Green Energy Technology 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)
=6.722/116.3033*116.3033
=6.722

Current CPI (Mar. 2026) = 116.3033.

LONGi Green Energy Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.068 101.400 1.225
201609 1.428 102.400 1.622
201612 1.490 102.600 1.689
201703 1.556 103.200 1.754
201706 1.647 103.100 1.858
201709 1.796 104.100 2.007
201712 2.098 104.500 2.335
201803 2.180 105.300 2.408
201806 2.239 104.900 2.482
201809 2.297 106.600 2.506
201812 2.433 106.500 2.657
201903 2.521 107.700 2.722
201906 3.094 107.700 3.341
201909 3.488 109.800 3.695
201912 3.737 111.200 3.909
202003 3.992 112.300 4.134
202006 4.195 110.400 4.419
202009 4.480 111.700 4.665
202012 4.749 111.500 4.954
202103 5.541 112.662 5.720
202106 5.728 111.769 5.960
202109 6.072 112.215 6.293
202112 6.261 113.108 6.438
202203 6.680 114.335 6.795
202206 7.039 114.558 7.146
202209 7.686 115.339 7.750
202212 8.197 115.116 8.282
202303 8.682 115.116 8.772
202306 9.062 114.558 9.200
202309 9.436 115.339 9.515
202312 9.302 114.781 9.425
202403 8.993 115.227 9.077
202406 8.498 114.781 8.611
202409 8.289 115.785 8.326
202412 8.035 114.893 8.134
202503 7.842 115.116 7.923
202506 7.690 114.907 7.783
202509 7.572 115.471 7.627
202512 7.162 115.832 7.191
202603 6.722 116.303 6.722

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 2.29 mean?
LONGi Green Energy Technology Co (SHSE:601012) has a Cyclically Adjusted PB Ratio of 2.29 as of Aug. 21, 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 LONGi Green Energy Technology Co and its competitors. This is 79% below median its historical median of 11.01. Over the past decade, LONGi Green Energy Technology Co's Cyclically Adjusted PB Ratio has ranged from 2.16 to 37.72. According to the industry distribution chart, LONGi Green Energy Technology Co ranks #289 out of 726 companies in the Semiconductors industry, placing it in the top 39.8%.
Is LONGi Green Energy Technology Co's Cyclically Adjusted PB Ratio too high?
LONGi Green Energy Technology Co's current Cyclically Adjusted PB Ratio of 2.29 is 79% below median its 10-year median of 11.01. Over the past 10 years, this metric has ranged from a low of 2.16 to a high of 37.72. The Semiconductors industry median Cyclically Adjusted PB Ratio is 3.24. LONGi Green Energy Technology Co's value of 2.29 is 29.3% below this industry median. Based on the distribution chart, LONGi Green Energy Technology Co ranks #289 out of 726 companies in the Semiconductors industry, which is above the industry midpoint. Overall, LONGi Green Energy Technology Co has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does LONGi Green Energy Technology Co's Cyclically Adjusted PB Ratio compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, LONGi Green Energy Technology Co ranks #289 out of 726 companies for Cyclically Adjusted PB Ratio. This puts LONGi Green Energy Technology Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 3.24. LONGi Green Energy Technology Co's value of 2.29 is 29.3% below this benchmark. Historically, LONGi Green Energy Technology Co's own Cyclically Adjusted PB Ratio has ranged from 2.16 to 37.72 over the past decade. While the company's 10-year median is 11.01 vs. the industry median of 3.24, LONGi Green Energy Technology 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 Semiconductors company?
The median Cyclically Adjusted PB Ratio among Semiconductors companies is 3.24, based on 726 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. LONGi Green Energy Technology Co's current Cyclically Adjusted PB Ratio of 2.29 is 29.3% 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 LONGi Green Energy Technology Co and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PB Ratio is 3.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LONGi Green Energy Technology Co's current Cyclically Adjusted PB Ratio is 2.29, which is 79% below median its own 10-year median of 11.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LONGi Green Energy Technology Co stock overvalued right now?
Based on GuruFocus' analysis, LONGi Green Energy Technology Co (SHSE:601012) is currently considered Fairly Valued. The stock's GF Value™ is ¥13.28, compared to a current price of ¥12.44 — trading 6.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.29, which is 79% below median its 10-year median of 11.01 and 29.3% below the Semiconductors industry median of 3.24. LONGi Green Energy Technology Co's overall GF Score™ is 77/100 with 9 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 LONGi Green Energy Technology Co (SHSE:601012), the current Cyclically Adjusted PB Ratio is 2.29 as of Aug. 21, 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 LONGi Green Energy Technology Co (SHSE:601012) Overvalued in 2026?

Based on GuruFocus' analysis, LONGi Green Energy Technology Co stock appears to be undervalued. The current stock price of ¥12.44 is trading 6.3% below its estimated GF Value™ of ¥13.28. GuruFocus considers LONGi Green Energy Technology Co to be Fairly Valued.

Key valuation signals for SHSE:601012:

  • Cyclically Adjusted PB Ratio: 2.29 (79% below median its 10-year median of 11.01)
  • GF Value™: ¥13.28 vs. price of ¥12.44 (6.3% below fair value)
  • GF Score™: 77/100 with 9 warning signs
  • Industry Position: 29.3% below the Semiconductors median (#289 of 726)

No single metric tells the full story. See the SHSE:601012 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


LONGi Green Energy Technology Co Business Description

Address No. 8369, Shangyuan Road, Economic and Technological Development Zone, Shaanxi Province, Xian, CHN, 710018
LONGi Green Energy Technology is one of the largest integrated solar companies in the world. Following an acquisition in January 2026, it has expanded into energy storage systems. LONGi's products are sold in more than 150 countries and regions.
77GF Score

Get the complete analysis for SHSE:601012

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

¥12.44
Price
¥13.28
GF Value