Central China Securities Co (SHSE:601375) Cyclically Adjusted PB Ratio: 1.33 (As of Aug. 16, 2026) — Near Median

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SHSE:601375 Central China Securities Co Ltd SHSE:601375
61 GF Score
Price ¥4.07
GF Value ¥5.07
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Central China Securities Co Cyclically Adjusted PB Ratio?

Central China Securities Co SHSE:601375 -1.45% 61 Cyclically Adjusted PB Ratio is 1.33 as of Aug. 16, 2026, which is 5% below its 10-year median of 1.40. GuruFocus rates SHSE:601375 with a GF Score™ of 61/100 and a GF Value™ of ¥5.07 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 595 Capital Markets companies, Central China Securities Co ranks worse than 50.92% on this metric.

As of today (2026-08-16), Central China Securities Co's current share price is ¥4.07. Central China Securities Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ¥3.05. Central China Securities Co's Cyclically Adjusted PB Ratio for today is 1.33.

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

SHSE:601375' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.15   Med: 1.4   Max: 2.07
Current: 1.33

During the past years, Central China Securities Co's highest Cyclically Adjusted PB Ratio was 2.07. The lowest was 1.15. And the median was 1.40.

SHSE:601375's Cyclically Adjusted PB Ratio is ranked worse than
50.92% of 595 companies
in the Capital Markets industry
Industry Median: 1.31 vs SHSE:601375: 1.33

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.

Central China Securities Co's adjusted book value per share data for the three months ended in Mar. 2026 was ¥3.134. 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 ¥3.05 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Central China Securities Co  (SHSE:601375) 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.


Central China Securities Co Cyclically Adjusted PB Ratio Related Terms


Central China Securities Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Central China 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.

Central China Securities Co Cyclically Adjusted PB Ratio Chart

Central China 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 1.90 1.31 1.32 1.46 1.42

Central China Securities 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 1.36 1.40 1.52 1.42 1.32

SHSE:601375 vs MS, GS, SCHW: Cyclically Adjusted PB Ratio Comparison

For the Capital Markets subindustry, Central China 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.


Central China Securities Co Cyclically Adjusted PB Ratio vs Capital Markets Industry

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

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


SHSE:601375
61GF Score
Central China Securities Co Ltd SHSE:601375
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Central China 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.07/3.05
=1.33

* 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.

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

For example, Central China Securities 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)
=3.134/121.4731*121.4731
=3.134

Current CPI (Mar. 2026) = 121.4731.

Central China Securities Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.410 101.686 2.879
201609 2.046 102.565 2.423
201612 2.697 103.225 3.174
201703 2.714 103.335 3.190
201706 2.588 103.664 3.033
201709 2.646 103.994 3.091
201712 2.592 104.984 2.999
201803 2.646 105.973 3.033
201806 2.598 106.193 2.972
201809 2.600 106.852 2.956
201812 2.572 107.622 2.903
201903 2.616 108.172 2.938
201906 2.635 109.601 2.920
201909 2.583 110.260 2.846
201912 2.500 110.700 2.743
202003 2.484 110.920 2.720
202006 2.509 110.590 2.756
202009 2.883 107.512 3.257
202012 2.879 109.711 3.188
202103 2.905 111.579 3.163
202106 2.910 111.360 3.174
202109 2.968 109.051 3.306
202112 2.947 112.349 3.186
202203 2.950 113.558 3.156
202206 2.904 113.448 3.109
202209 2.961 113.778 3.161
202212 2.963 114.548 3.142
202303 2.975 115.427 3.131
202306 2.988 115.647 3.139
202309 2.995 116.087 3.134
202312 2.994 117.296 3.101
202403 3.023 117.735 3.119
202406 3.026 117.296 3.134
202409 3.010 118.615 3.083
202412 3.028 118.945 3.092
202503 3.049 119.384 3.102
202506 3.065 119.055 3.127
202509 3.085 119.934 3.125
202512 3.098 120.704 3.118
202603 3.134 121.473 3.134

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 1.33 mean?
Central China Securities Co (SHSE:601375) has a Cyclically Adjusted PB Ratio of 1.33 as of Aug. 16, 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 Central China Securities Co and its competitors. This is near median its historical median of 1.40. Over the past decade, Central China Securities Co's Cyclically Adjusted PB Ratio has ranged from 1.15 to 2.07. According to the industry distribution chart, Central China Securities Co ranks #303 out of 595 companies in the Capital Markets industry, placing it in the top 50.9%.
Is Central China Securities Co's Cyclically Adjusted PB Ratio too high?
Central China Securities Co's current Cyclically Adjusted PB Ratio of 1.33 is near median its 10-year median of 1.40. Over the past 10 years, this metric has ranged from a low of 1.15 to a high of 2.07. The Capital Markets industry median Cyclically Adjusted PB Ratio is 1.31. Central China Securities Co's value of 1.33 is 1.5% above this industry median. Based on the distribution chart, Central China Securities Co ranks #303 out of 595 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Central China Securities Co has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Central China Securities Co's Cyclically Adjusted PB Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, Central China Securities Co ranks #303 out of 595 companies for Cyclically Adjusted PB Ratio. This places Central China Securities Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.31. Central China Securities Co's value of 1.33 is 1.5% above this benchmark. Historically, Central China Securities Co's own Cyclically Adjusted PB Ratio has ranged from 1.15 to 2.07 over the past decade. While the company's 10-year median is 1.40 vs. the industry median of 1.31, Central China 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 595 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. Central China Securities Co's current Cyclically Adjusted PB Ratio of 1.33 is 1.5% 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 Central China 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. Central China Securities Co's current Cyclically Adjusted PB Ratio is 1.33, which is near median its own 10-year median of 1.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Central China Securities Co stock overvalued right now?
Based on GuruFocus' analysis, Central China Securities Co (SHSE:601375) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥5.07, compared to a current price of ¥4.07 — trading 19.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.33, which is near median its 10-year median of 1.40 and 1.5% above the Capital Markets industry median of 1.31. Central China Securities Co's overall GF Score™ is 61/100 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 Central China Securities Co (SHSE:601375), the current Cyclically Adjusted PB Ratio is 1.33 as of Aug. 16, 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 Central China Securities Co (SHSE:601375) Overvalued in 2026?

Based on GuruFocus' analysis, Central China Securities Co stock appears to be undervalued. The current stock price of ¥4.07 is trading 19.7% below its estimated GF Value™ of ¥5.07. GuruFocus considers Central China Securities Co to be Modestly Undervalued.

Key valuation signals for SHSE:601375:

  • Cyclically Adjusted PB Ratio: 1.33 (near median its 10-year median of 1.40)
  • GF Value™: ¥5.07 vs. price of ¥4.07 (19.7% below fair value)
  • GF Score™: 61/100 with 3 warning signs
  • Industry Position: 1.5% above the Capital Markets median (#303 of 595)

No single metric tells the full story. See the SHSE:601375 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Central China Securities Co Business Description

Other Exchanges 01375:Hong Kong21C:Germany
Address No. 248 Queen’s Road East, 40th Floor, Dah Sing Financial Centre, Wanchai, Hong Kong, HKG
Central China Securities Co Ltd is a securities firm in Henan with a full-service business platform and strategic presence in China. Its reporting segments are mainly divided into: wealth management business segment, proprietary business segment, investment banking business segment, credit business segment, investment management business segment, futures business segment, overseas business segment, headquarters, and other business segment.
61GF Score

Get the complete analysis for SHSE:601375

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

¥4.07
Price
¥5.07
GF Value