Cinda Securities Co (SHSE:601059) Cyclically Adjusted PB Ratio: 3.26 (As of Aug. 02, 2026) — 13% Below Median

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SHSE:601059 Cinda Securities Co Ltd SHSE:601059
71 GF Score
Price ¥16.57
GF Value ¥18.69
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Cinda Securities Co Cyclically Adjusted PB Ratio?

Cinda Securities Co SHSE:601059 +0.24% 71 Cyclically Adjusted PB Ratio is 3.26 as of Aug. 02, 2026, which is 13% below its 10-year median of 3.74. GuruFocus rates SHSE:601059 with a GF Score™ of 71/100 and a GF Value™ of ¥18.69 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 617 Capital Markets companies, Cinda Securities Co ranks worse than 76.5% on this metric.

As of today (2026-08-02), Cinda Securities Co's current share price is ¥16.57. Cinda Securities Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ¥5.08. Cinda Securities Co's Cyclically Adjusted PB Ratio for today is 3.26.

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

SHSE:601059' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.06   Med: 3.74   Max: 4.47
Current: 3.26

During the past years, Cinda Securities Co's highest Cyclically Adjusted PB Ratio was 4.47. The lowest was 3.06. And the median was 3.74.

SHSE:601059's Cyclically Adjusted PB Ratio is ranked worse than
76.5% of 617 companies
in the Capital Markets industry
Industry Median: 1.31 vs SHSE:601059: 3.26

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.

Cinda Securities Co's adjusted book value per share data for the three months ended in Jun. 2026 was ¥8.788. 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 ¥5.08 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cinda Securities Co  (SHSE:601059) 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.


Cinda Securities Co Cyclically Adjusted PB Ratio Related Terms


Cinda Securities Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Cinda Securities 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.

Cinda Securities Co Cyclically Adjusted PB Ratio Chart

Cinda Securities 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 0.00 0.00 0.00 3.63 3.73

Cinda Securities 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 3.88 4.20 3.73 3.30 3.19

SHSE:601059 vs MS, GS, SCHW: Cyclically Adjusted PB Ratio Comparison

For the Capital Markets subindustry, Cinda Securities 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.


Cinda Securities Co Cyclically Adjusted PB Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Cinda Securities Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


SHSE:601059
71GF Score
Cinda Securities Co Ltd SHSE:601059
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cinda Securities 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.

Cinda Securities Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=16.57/5.08
=3.26

* 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.

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

For example, Cinda Securities 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)
=8.788/116.0564*116.0564
=8.788

Current CPI (Jun. 2026) = 116.0564.

Cinda Securities Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 3.246 99.500 3.786
201512 3.478 100.600 4.012
201606 3.338 101.400 3.820
201609 3.448 102.400 3.908
201612 3.441 102.600 3.892
201703 3.479 103.200 3.912
201706 3.482 103.100 3.920
201712 3.469 104.500 3.853
201806 3.505 104.900 3.878
201809 3.482 106.600 3.791
201812 3.704 106.500 4.036
201903 3.591 107.700 3.870
201906 3.596 107.700 3.875
201909 3.592 109.800 3.797
201912 3.569 111.200 3.725
202006 4.271 110.400 4.490
202009 3.818 111.700 3.967
202012 3.858 111.500 4.016
202103 3.878 112.662 3.995
202106 3.996 111.769 4.149
202109 0.000 112.215 0.000
202112 4.264 113.108 4.375
202203 0.000 114.335 0.000
202206 4.440 114.558 4.498
202209 4.522 115.339 4.550
202212 4.688 115.116 4.726
202303 5.118 115.116 5.160
202306 5.230 114.558 5.298
202309 5.338 115.339 5.371
202312 5.476 114.781 5.537
202403 5.530 115.227 5.570
202406 5.645 114.781 5.708
202409 6.278 115.785 6.293
202412 7.342 114.893 7.416
202503 7.277 115.116 7.336
202506 7.634 114.907 7.710
202509 8.130 115.471 8.171
202512 8.656 115.832 8.673
202603 9.005 116.303 8.986
202606 8.788 116.056 8.788

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 3.26 mean?
Cinda Securities Co (SHSE:601059) has a Cyclically Adjusted PB Ratio of 3.26 as of Aug. 02, 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 Cinda Securities Co and its competitors. This is 13% below median its historical median of 3.74. Over the past decade, Cinda Securities Co's Cyclically Adjusted PB Ratio has ranged from 3.06 to 4.47. According to the industry distribution chart, Cinda Securities Co ranks #472 out of 617 companies in the Capital Markets industry, placing it in the top 76.5%.
Is Cinda Securities Co's Cyclically Adjusted PB Ratio too high?
Cinda Securities Co's current Cyclically Adjusted PB Ratio of 3.26 is 13% below median its 10-year median of 3.74. Over the past 10 years, this metric has ranged from a low of 3.06 to a high of 4.47. The Capital Markets industry median Cyclically Adjusted PB Ratio is 1.31. Cinda Securities Co's value of 3.26 is 148.9% above this industry median. Based on the distribution chart, Cinda Securities Co ranks #472 out of 617 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Cinda Securities Co has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cinda Securities Co's Cyclically Adjusted PB Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, Cinda Securities Co ranks #472 out of 617 companies for Cyclically Adjusted PB Ratio. This places Cinda Securities Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.31. Cinda Securities Co's value of 3.26 is 148.9% above this benchmark. Historically, Cinda Securities Co's own Cyclically Adjusted PB Ratio has ranged from 3.06 to 4.47 over the past decade. While the company's 10-year median is 3.74 vs. the industry median of 1.31, Cinda Securities 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 Capital Markets company?
The median Cyclically Adjusted PB Ratio among Capital Markets companies is 1.31, based on 617 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. Cinda Securities Co's current Cyclically Adjusted PB Ratio of 3.26 is 148.9% 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 Cinda Securities Co and its competitors. For the Capital Markets industry, the median Cyclically Adjusted PB Ratio is 1.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cinda Securities Co's current Cyclically Adjusted PB Ratio is 3.26, which is 13% below median its own 10-year median of 3.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cinda Securities Co stock overvalued right now?
Based on GuruFocus' analysis, Cinda Securities Co (SHSE:601059) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥18.69, compared to a current price of ¥16.57 — trading 11.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.26, which is 13% below median its 10-year median of 3.74 and 148.9% above the Capital Markets industry median of 1.31. Cinda Securities Co's overall GF Score™ is 71/100 with 3 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 Cinda Securities Co (SHSE:601059), the current Cyclically Adjusted PB Ratio is 3.26 as of Aug. 02, 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 Cinda Securities Co (SHSE:601059) Overvalued in 2026?

Based on GuruFocus' analysis, Cinda Securities Co stock appears to be undervalued. The current stock price of ¥16.57 is trading 11.3% below its estimated GF Value™ of ¥18.69. GuruFocus considers Cinda Securities Co to be Modestly Undervalued.

Key valuation signals for SHSE:601059:

  • Cyclically Adjusted PB Ratio: 3.26 (13% below median its 10-year median of 3.74)
  • GF Value™: ¥18.69 vs. price of ¥16.57 (11.3% below fair value)
  • GF Score™: 71/100 with 3 warning signs
  • Industry Position: 148.9% above the Capital Markets median (#472 of 617)

No single metric tells the full story. See the SHSE:601059 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cinda Securities Co Business Description

Address No. 9, Naoshikou Street, Building 1, Courtyard, Xicheng District, Beijing, CHN, 100031
Cinda Securities Co Ltd offers securities services. It provides securities brokerage; securities investment consulting; financial advisors related to securities trading and securities investment activities; securities underwriting and sponsorship; securities self-operation; securities asset management; margin financing and securities lending and agency sales of financial products.
71GF Score

Get the complete analysis for SHSE:601059

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

¥16.57
Price
¥18.69
GF Value