Jiangsu Jiangnan Water Co (SHSE:601199) Cyclically Adjusted PB Ratio: 1.75 (As of Aug. 20, 2026) — Near Median

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SHSE:601199 Jiangsu Jiangnan Water Co Ltd SHSE:601199
76 GF Score
Price ¥6.43
GF Value ¥5.69
Valuation Modestly Overvalued
! 12 Warning Signs
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What is Jiangsu Jiangnan Water Co Cyclically Adjusted PB Ratio?

Jiangsu Jiangnan Water Co SHSE:601199 +0.47% 76 Cyclically Adjusted PB Ratio is 1.75 as of Aug. 20, 2026, which is 7% above its 10-year median of 1.63. GuruFocus rates SHSE:601199 with a GF Score™ of 76/100 and a GF Value™ of ¥5.69 (Modestly Overvalued). The stock has 12 warning signs investors should review. Among 427 Utilities - Regulated companies, Jiangsu Jiangnan Water Co ranks worse than 59.72% on this metric.

As of today (2026-08-20), Jiangsu Jiangnan Water Co's current share price is ¥6.43. Jiangsu Jiangnan Water Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ¥3.67. Jiangsu Jiangnan Water Co's Cyclically Adjusted PB Ratio for today is 1.75.

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

SHSE:601199' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.29   Med: 1.63   Max: 2.93
Current: 1.77

During the past years, Jiangsu Jiangnan Water Co's highest Cyclically Adjusted PB Ratio was 2.93. The lowest was 1.29. And the median was 1.63.

SHSE:601199's Cyclically Adjusted PB Ratio is ranked worse than
59.72% of 427 companies
in the Utilities - Regulated industry
Industry Median: 1.52 vs SHSE:601199: 1.77

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.

Jiangsu Jiangnan Water Co's adjusted book value per share data for the three months ended in Mar. 2026 was ¥5.028. 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 ¥3.67 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jiangsu Jiangnan Water Co  (SHSE:601199) 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.


Jiangsu Jiangnan Water Co Cyclically Adjusted PB Ratio Related Terms


Jiangsu Jiangnan Water Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Jiangsu Jiangnan Water 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.

Jiangsu Jiangnan Water Co Cyclically Adjusted PB Ratio Chart

Jiangsu Jiangnan Water 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 2.27 2.23 1.57 1.65 1.55

Jiangsu Jiangnan Water 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 1.55 1.53 1.58 1.55 1.56

SHSE:601199 vs AWK, WTRG, AWR: Cyclically Adjusted PB Ratio Comparison

For the Utilities - Regulated Water subindustry, Jiangsu Jiangnan Water 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.


Jiangsu Jiangnan Water Co Cyclically Adjusted PB Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Jiangsu Jiangnan Water Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Jiangsu Jiangnan Water Co's Cyclically Adjusted PB Ratio falls into.


SHSE:601199
76GF Score
Jiangsu Jiangnan Water Co Ltd SHSE:601199
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jiangsu Jiangnan Water 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.

Jiangsu Jiangnan Water Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.43/3.67
=1.75

* 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.

Jiangsu Jiangnan Water Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Jiangsu Jiangnan Water 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)
=5.028/116.3033*116.3033
=5.028

Current CPI (Mar. 2026) = 116.3033.

Jiangsu Jiangnan Water Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.552 101.400 2.927
201609 2.631 102.400 2.988
201612 2.724 102.600 3.088
201703 2.775 103.200 3.127
201706 2.783 103.100 3.139
201709 2.845 104.100 3.179
201712 2.890 104.500 3.216
201803 2.931 105.300 3.237
201806 2.912 104.900 3.229
201809 2.877 106.600 3.139
201812 2.933 106.500 3.203
201903 2.962 107.700 3.199
201906 2.974 107.700 3.212
201909 3.045 109.800 3.225
201912 3.111 111.200 3.254
202003 3.154 112.300 3.266
202006 3.127 110.400 3.294
202009 3.197 111.700 3.329
202012 3.310 111.500 3.453
202103 3.343 112.662 3.451
202106 3.325 111.769 3.460
202109 3.433 112.215 3.558
202112 3.524 113.108 3.624
202203 3.587 114.335 3.649
202206 3.553 114.558 3.607
202209 3.646 115.339 3.676
202212 3.733 115.116 3.772
202303 3.811 115.116 3.850
202306 3.788 114.558 3.846
202309 3.914 115.339 3.947
202312 3.985 114.781 4.038
202403 4.074 115.227 4.112
202406 4.063 114.781 4.117
202409 4.156 115.785 4.175
202412 4.689 114.893 4.747
202503 4.785 115.116 4.834
202506 4.762 114.907 4.820
202509 4.866 115.471 4.901
202512 4.936 115.832 4.956
202603 5.028 116.303 5.028

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 1.75 mean?
Jiangsu Jiangnan Water Co (SHSE:601199) has a Cyclically Adjusted PB Ratio of 1.75 as of Aug. 20, 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 Jiangsu Jiangnan Water Co and its competitors. This is near median its historical median of 1.63. Over the past decade, Jiangsu Jiangnan Water Co's Cyclically Adjusted PB Ratio has ranged from 1.29 to 2.93. According to the industry distribution chart, Jiangsu Jiangnan Water Co ranks #255 out of 427 companies in the Utilities - Regulated industry, placing it in the top 59.7%.
Is Jiangsu Jiangnan Water Co's Cyclically Adjusted PB Ratio too high?
Jiangsu Jiangnan Water Co's current Cyclically Adjusted PB Ratio of 1.75 is near median its 10-year median of 1.63. Over the past 10 years, this metric has ranged from a low of 1.29 to a high of 2.93. The Utilities - Regulated industry median Cyclically Adjusted PB Ratio is 1.52. Jiangsu Jiangnan Water Co's value of 1.75 is 15.1% above this industry median. Based on the distribution chart, Jiangsu Jiangnan Water Co ranks #255 out of 427 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Jiangsu Jiangnan Water Co has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu Jiangnan Water Co's Cyclically Adjusted PB Ratio compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, Jiangsu Jiangnan Water Co ranks #255 out of 427 companies for Cyclically Adjusted PB Ratio. This places Jiangsu Jiangnan Water Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.52. Jiangsu Jiangnan Water Co's value of 1.75 is 15.1% above this benchmark. Historically, Jiangsu Jiangnan Water Co's own Cyclically Adjusted PB Ratio has ranged from 1.29 to 2.93 over the past decade. While the company's 10-year median is 1.63 vs. the industry median of 1.52, Jiangsu Jiangnan Water 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 an Utilities - Regulated company?
The median Cyclically Adjusted PB Ratio among Utilities - Regulated companies is 1.52, based on 427 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. Jiangsu Jiangnan Water Co's current Cyclically Adjusted PB Ratio of 1.75 is 15.1% 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 Jiangsu Jiangnan Water Co and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PB Ratio is 1.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangsu Jiangnan Water Co's current Cyclically Adjusted PB Ratio is 1.75, which is near median its own 10-year median of 1.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu Jiangnan Water Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu Jiangnan Water Co (SHSE:601199) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥5.69, compared to a current price of ¥6.43 — trading 13% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.75, which is near median its 10-year median of 1.63 and 15.1% above the Utilities - Regulated industry median of 1.52. Jiangsu Jiangnan Water Co's overall GF Score™ is 76/100 with 12 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 Jiangsu Jiangnan Water Co (SHSE:601199), the current Cyclically Adjusted PB Ratio is 1.75 as of Aug. 20, 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 Jiangsu Jiangnan Water Co (SHSE:601199) Overvalued in 2026?

Based on GuruFocus' analysis, Jiangsu Jiangnan Water Co stock appears to be overvalued. The current stock price of ¥6.43 is trading 13% above its estimated GF Value™ of ¥5.69. GuruFocus considers Jiangsu Jiangnan Water Co to be Modestly Overvalued.

Key valuation signals for SHSE:601199:

  • Cyclically Adjusted PB Ratio: 1.75 (near median its 10-year median of 1.63)
  • GF Value™: ¥5.69 vs. price of ¥6.43 (13% above fair value)
  • GF Score™: 76/100 with 12 warning signs
  • Industry Position: 15.1% above the Utilities - Regulated median (#255 of 427)

No single metric tells the full story. See the SHSE:601199 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jiangsu Jiangnan Water Co Business Description

Address No. 66, Binjiang Yangtze River Road, Jiangsu Province, Jiangyin, CHN, 214432
Jiangsu Jiangnan Water Co Ltd is engaged in the Production and sale of tap water, tap water drainage and related water treatment businesses.
76GF Score

Get the complete analysis for SHSE:601199

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

¥6.43
Price
¥5.69
GF Value