Sichuan Expressway Group Co (SHSE:601107) Cyclically Adjusted PB Ratio: (As of Sep. 21, 2026)

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Director of Data and Quant Analytics at GuruFocus
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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:601107 Sichuan Expressway Group Co Ltd SHSE:601107
51 GF Score
Price ¥5.98
GF Value ¥4.49
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Sichuan Expressway Group Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Sichuan Expressway Group Co  (SHSE:601107) 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.


Sichuan Expressway Group Co Cyclically Adjusted PB Ratio Related Terms


Sichuan Expressway Group Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Sichuan Expressway 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.

Sichuan Expressway Group Co Cyclically Adjusted PB Ratio Chart

Sichuan Expressway 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 1.08 0.71 0.80 0.93 1.03

Sichuan Expressway Group Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Sep22 Mar23 Jun23 Sep23 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 1.07 0.98 1.03 0.98 0.83

Sichuan Expressway Group Co Cyclically Adjusted PB Ratio Competitor Comparison

For the Infrastructure Operations subindustry, Sichuan Expressway 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.


Sichuan Expressway Group Co Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Sichuan Expressway Group Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


SHSE:601107
51GF Score
Sichuan Expressway Group Co Ltd SHSE:601107
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Sichuan Expressway 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.

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

For example, Sichuan Expressway Group 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)
=6.847/116.0564*116.0564
=6.847

Current CPI (Jun. 2026) = 116.0564.

Sichuan Expressway Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201512 4.348 100.600 5.016
201603 4.462 102.200 5.067
201606 4.456 101.400 5.100
201609 4.575 102.400 5.185
201612 4.540 102.600 5.135
201703 4.634 103.200 5.211
201706 4.638 103.100 5.221
201709 4.755 104.100 5.301
201712 4.671 104.500 5.188
201803 4.822 105.300 5.315
201806 4.808 104.900 5.319
201809 4.892 106.600 5.326
201812 4.867 106.500 5.304
201903 5.017 107.700 5.406
201906 5.214 107.700 5.619
201909 5.306 109.800 5.608
201912 5.281 111.200 5.512
202003 5.190 112.300 5.364
202006 5.107 110.400 5.369
202009 5.264 111.700 5.469
202012 5.406 111.500 5.627
202103 5.519 112.662 5.685
202106 5.560 111.769 5.773
202109 5.651 112.215 5.844
202112 6.033 113.108 6.190
202203 6.119 114.335 6.211
202209 6.140 115.339 6.178
202303 6.274 115.116 6.325
202306 5.294 114.558 5.363
202309 5.423 115.339 5.457
202403 5.587 115.227 5.627
202406 5.436 114.781 5.496
202409 5.595 115.785 5.608
202412 6.375 114.893 6.440
202503 6.918 115.116 6.975
202506 6.760 114.907 6.828
202509 6.910 115.471 6.945
202512 6.948 115.832 6.961
202603 6.942 116.303 6.927
202606 6.847 116.056 6.847

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.

Is Sichuan Expressway Group Co (SHSE:601107) Overvalued in 2026?

Based on GuruFocus' analysis, Sichuan Expressway Group Co stock appears to be overvalued. The current stock price of ¥5.98 is trading 33.2% above its estimated GF Value™ of ¥4.49. GuruFocus considers Sichuan Expressway Group Co to be Significantly Overvalued.

Key valuation signals for SHSE:601107:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ¥4.49 vs. price of ¥5.98 (33.2% above fair value)
  • GF Score™: 51/100 with 6 warning signs

No single metric tells the full story. See the SHSE:601107 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sichuan Expressway Group Co Business Description

Address No. 252 Wuhouci Da Jie, Sichuan Province, Chengdu, CHN, 610041
Sichuan Expressway Co Ltd is engaged in the investment, construction, operation, and management of certain expressway projects, green energy investment business, and integrated development of resources along the routes. The group is organised into business units based on their services and products, and has six reportable operating segments, which include Expressways, Construction Services, Transportation Services, Transportation Logistics, New Energy Technologies, and Others. A majority of its revenue is generated from the Expressways segment, which comprises the operation of expressways and a high-grade toll bridge in Mainland China. Geographically, the group derives all of its revenue from Mainland China.
51GF Score

Get the complete analysis for SHSE:601107

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

¥5.98
Price
¥4.49
GF Value