Qinhuangdao Port Co (SHSE:601326) Cyclically Adjusted PB Ratio: 0.81 (As of Sep. 09, 2026) — 19% Above Median

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SHSE:601326 Qinhuangdao Port Co Ltd SHSE:601326
71 GF Score
Price ¥3.63
GF Value ¥2.60
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Qinhuangdao Port Co Cyclically Adjusted PB Ratio?

Qinhuangdao Port Co SHSE:601326 +1.40% 71 Cyclically Adjusted PB Ratio is 0.81 as of Sep. 09, 2026, which is 19% above its 10-year median of 0.68. GuruFocus rates SHSE:601326 with a GF Score™ of 71/100 and a GF Value™ of ¥2.60 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 700 Transportation companies, Qinhuangdao Port Co ranks better than 76.43% on this metric.

As of today (2026-09-09), Qinhuangdao Port Co's current share price is ¥3.63. Qinhuangdao Port Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was ¥4.48. Qinhuangdao Port Co's Cyclically Adjusted PB Ratio for today is 0.81.

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

SHSE:601326' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.57   Med: 0.68   Max: 0.86
Current: 0.71

During the past years, Qinhuangdao Port Co's highest Cyclically Adjusted PB Ratio was 0.86. The lowest was 0.57. And the median was 0.68.

SHSE:601326's Cyclically Adjusted PB Ratio is ranked better than
76.43% of 700 companies
in the Transportation industry
Industry Median: 1.28 vs SHSE:601326: 0.71

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.

Qinhuangdao Port Co's adjusted book value per share data for the three months ended in Dec. 2025 was ¥3.657. 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 ¥4.48 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Qinhuangdao Port Co  (SHSE:601326) 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.


Qinhuangdao Port Co Cyclically Adjusted PB Ratio Related Terms


Qinhuangdao Port Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Qinhuangdao Port 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.

Qinhuangdao Port Co Cyclically Adjusted PB Ratio Chart

Qinhuangdao Port 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 0.61 0.78

Qinhuangdao Port Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 0.69 0.70 0.83 0.78 0.00

Qinhuangdao Port Co Cyclically Adjusted PB Ratio Competitor Comparison

For the Marine Shipping subindustry, Qinhuangdao Port 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.


Qinhuangdao Port Co Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Qinhuangdao Port Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


SHSE:601326
71GF Score
Qinhuangdao Port Co Ltd SHSE:601326
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Qinhuangdao Port 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.

Qinhuangdao Port Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.63/4.48
=0.81

* 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.

Qinhuangdao Port Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Qinhuangdao Port Co's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=3.657/115.8323*115.8323
=3.657

Current CPI (Dec. 2025) = 115.8323.

Qinhuangdao Port Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 2.271 99.500 2.644
201512 2.349 100.600 2.705
201609 0.000 102.400 0.000
201612 2.274 102.600 2.567
201703 2.333 103.200 2.619
201706 2.159 103.100 2.426
201709 2.429 104.100 2.703
201712 2.399 104.500 2.659
201803 2.464 105.300 2.710
201806 2.479 104.900 2.737
201809 2.519 106.600 2.737
201812 2.487 106.500 2.705
201903 2.510 107.700 2.700
201906 2.515 107.700 2.705
201909 2.572 109.800 2.713
201912 2.615 111.200 2.724
202003 2.663 112.300 2.747
202006 2.639 110.400 2.769
202009 2.727 111.700 2.828
202012 2.723 111.500 2.829
202103 2.785 112.662 2.863
202106 2.801 111.769 2.903
202109 2.851 112.215 2.943
202112 2.873 113.108 2.942
202203 2.936 114.335 2.974
202206 2.983 114.558 3.016
202209 3.062 115.339 3.075
202212 3.100 115.116 3.119
202303 3.185 115.116 3.205
202306 3.204 114.558 3.240
202309 3.276 115.339 3.290
202312 3.297 114.781 3.327
202403 3.379 115.227 3.397
202406 3.385 114.781 3.416
202409 3.445 115.785 3.446
202412 3.459 114.893 3.487
202503 3.528 115.116 3.550
202506 3.562 114.907 3.591
202509 3.630 115.471 3.641
202512 3.657 115.832 3.657

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 0.81 mean?
Qinhuangdao Port Co (SHSE:601326) has a Cyclically Adjusted PB Ratio of 0.81 as of Sep. 09, 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 Qinhuangdao Port Co and its competitors. This is 19% above median its historical median of 0.68. Over the past decade, Qinhuangdao Port Co's Cyclically Adjusted PB Ratio has ranged from 0.57 to 0.86. According to the industry distribution chart, Qinhuangdao Port Co ranks #165 out of 700 companies in the Transportation industry, placing it in the top 23.6%.
Is Qinhuangdao Port Co's Cyclically Adjusted PB Ratio too high?
Qinhuangdao Port Co's current Cyclically Adjusted PB Ratio of 0.81 is 19% above median its 10-year median of 0.68. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 0.86. The Transportation industry median Cyclically Adjusted PB Ratio is 1.28. Qinhuangdao Port Co's value of 0.81 is 36.7% below this industry median. Based on the distribution chart, Qinhuangdao Port Co ranks #165 out of 700 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Qinhuangdao Port Co has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Qinhuangdao Port Co's Cyclically Adjusted PB Ratio compare to competitors?
According to the Transportation industry distribution chart, Qinhuangdao Port Co ranks #165 out of 700 companies for Cyclically Adjusted PB Ratio. This places Qinhuangdao Port Co in the top 24% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.28. Qinhuangdao Port Co's value of 0.81 is 36.7% below this benchmark. Historically, Qinhuangdao Port Co's own Cyclically Adjusted PB Ratio has ranged from 0.57 to 0.86 over the past decade. While the company's 10-year median is 0.68 vs. the industry median of 1.28, Qinhuangdao Port 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 Transportation company?
The median Cyclically Adjusted PB Ratio among Transportation companies is 1.28, based on 700 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. Qinhuangdao Port Co's current Cyclically Adjusted PB Ratio of 0.81 is 36.7% 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 Qinhuangdao Port Co and its competitors. For the Transportation industry, the median Cyclically Adjusted PB Ratio is 1.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qinhuangdao Port Co's current Cyclically Adjusted PB Ratio is 0.81, which is 19% above median its own 10-year median of 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qinhuangdao Port Co stock overvalued right now?
Based on GuruFocus' analysis, Qinhuangdao Port Co (SHSE:601326) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥2.60, compared to a current price of ¥3.63 — trading 39.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.81, which is 19% above median its 10-year median of 0.68 and 36.7% below the Transportation industry median of 1.28. Qinhuangdao Port Co's overall GF Score™ is 71/100 with 1 warning sign 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 Qinhuangdao Port Co (SHSE:601326), the current Cyclically Adjusted PB Ratio is 0.81 as of Sep. 09, 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 Qinhuangdao Port Co (SHSE:601326) Overvalued in 2026?

Based on GuruFocus' analysis, Qinhuangdao Port Co stock appears to be overvalued. The current stock price of ¥3.63 is trading 39.6% above its estimated GF Value™ of ¥2.60. GuruFocus considers Qinhuangdao Port Co to be Significantly Overvalued.

Key valuation signals for SHSE:601326:

  • Cyclically Adjusted PB Ratio: 0.81 (19% above median its 10-year median of 0.68)
  • GF Value™: ¥2.60 vs. price of ¥3.63 (39.6% above fair value)
  • GF Score™: 71/100 with 1 warning sign
  • Industry Position: 36.7% below the Transportation median (#165 of 700)

No single metric tells the full story. See the SHSE:601326 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Qinhuangdao Port Co Business Description

Other Exchanges 03369:Hong KongQHD:Germany
Address 35 Haibin Road, Haigang District, Hebei Province, Qinhuangdao, CHN, 066002
Qinhuangdao Port Co Ltd is engaged in the provision of integrated port services for customers. It provides integrated port services including stevedoring, stacking, warehousing, transportation, and logistics services. The company handles various types of cargo mainly including coal, metal ores, oil and liquefied chemicals, containers, general cargoes, and other goods. It also provides value-added services, including towing, tallying, and coal blending. The company's whole operations are in China.
71GF Score

Get the complete analysis for SHSE:601326

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

¥3.63
Price
¥2.60
GF Value