Ningbonxing Medical Electric Co (SHSE:601567) Cyclically Adjusted PB Ratio: 2.21 (As of Aug. 21, 2026) — 30% Below Median

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SHSE:601567 Ningbo Sanxing Medical Electric Co Ltd SHSE:601567
71 GF Score
Price ¥14.84
GF Value ¥28.78
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Ningbonxing Medical Electric Co Cyclically Adjusted PB Ratio?

Ningbonxing Medical Electric Co SHSE:601567 -1.66% 71 Cyclically Adjusted PB Ratio is 2.21 as of Aug. 21, 2026, which is 30% below its 10-year median of 3.14. GuruFocus rates SHSE:601567 with a GF Score™ of 71/100 and a GF Value™ of ¥28.78 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,159 Industrial Products companies, Ningbonxing Medical Electric Co ranks worse than 52.85% on this metric.

As of today (2026-08-21), Ningbonxing Medical Electric Co's current share price is ¥14.84. Ningbonxing Medical Electric Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ¥6.71. Ningbonxing Medical Electric Co's Cyclically Adjusted PB Ratio for today is 2.21.

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

SHSE:601567' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.52   Med: 3.14   Max: 6.42
Current: 2.28

During the past years, Ningbonxing Medical Electric Co's highest Cyclically Adjusted PB Ratio was 6.42. The lowest was 1.52. And the median was 3.14.

SHSE:601567's Cyclically Adjusted PB Ratio is ranked worse than
52.85% of 2159 companies
in the Industrial Products industry
Industry Median: 2.14 vs SHSE:601567: 2.28

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.

Ningbonxing Medical Electric Co's adjusted book value per share data for the three months ended in Mar. 2026 was ¥8.321. 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 ¥6.71 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ningbonxing Medical Electric Co  (SHSE:601567) 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.


Ningbonxing Medical Electric Co Cyclically Adjusted PB Ratio Related Terms


Ningbonxing Medical Electric Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Ningbonxing Medical Electric 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.

Ningbonxing Medical Electric Co Cyclically Adjusted PB Ratio Chart

Ningbonxing Medical Electric 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 3.68 2.74 3.82 5.20 3.51

Ningbonxing Medical Electric 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 4.87 3.61 3.83 3.51 3.91

SHSE:601567 vs VRT, BE: Cyclically Adjusted PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, Ningbonxing Medical Electric 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.


Ningbonxing Medical Electric Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ningbonxing Medical Electric Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Ningbonxing Medical Electric Co's Cyclically Adjusted PB Ratio falls into.


SHSE:601567
71GF Score
Ningbo Sanxing Medical Electric Co Ltd SHSE:601567
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ningbonxing Medical Electric 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.

Ningbonxing Medical Electric Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=14.84/6.71
=2.21

* 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.

Ningbonxing Medical Electric Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Ningbonxing Medical Electric 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)
=8.321/116.3033*116.3033
=8.321

Current CPI (Mar. 2026) = 116.3033.

Ningbonxing Medical Electric Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 4.368 101.400 5.010
201609 4.478 102.400 5.086
201612 4.830 102.600 5.475
201703 4.908 103.200 5.531
201706 4.990 103.100 5.629
201709 4.829 104.100 5.395
201712 5.301 104.500 5.900
201803 5.366 105.300 5.927
201806 5.282 104.900 5.856
201809 5.340 106.600 5.826
201812 5.259 106.500 5.743
201903 5.502 107.700 5.942
201906 5.446 107.700 5.881
201909 5.624 109.800 5.957
201912 6.023 111.200 6.299
202003 5.968 112.300 6.181
202006 5.807 110.400 6.118
202009 5.948 111.700 6.193
202012 6.212 111.500 6.480
202103 6.234 112.662 6.436
202106 6.124 111.769 6.372
202109 6.255 112.215 6.483
202112 6.399 113.108 6.580
202203 6.439 114.335 6.550
202206 6.272 114.558 6.368
202209 6.595 115.339 6.650
202212 6.751 115.116 6.821
202303 6.928 115.116 6.999
202306 7.069 114.558 7.177
202309 7.515 115.339 7.578
202312 7.794 114.781 7.897
202403 7.901 115.227 7.975
202406 7.871 114.781 7.975
202409 8.291 115.785 8.328
202412 8.562 114.893 8.667
202503 8.923 115.116 9.015
202506 8.621 114.907 8.726
202509 8.838 115.471 8.902
202512 8.203 115.832 8.236
202603 8.321 116.303 8.321

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 2.21 mean?
Ningbonxing Medical Electric Co (SHSE:601567) has a Cyclically Adjusted PB Ratio of 2.21 as of Aug. 21, 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 Ningbonxing Medical Electric Co and its competitors. This is 30% below median its historical median of 3.14. Over the past decade, Ningbonxing Medical Electric Co's Cyclically Adjusted PB Ratio has ranged from 1.52 to 6.42. According to the industry distribution chart, Ningbonxing Medical Electric Co ranks #1141 out of 2159 companies in the Industrial Products industry, placing it in the top 52.8%.
Is Ningbonxing Medical Electric Co's Cyclically Adjusted PB Ratio too high?
Ningbonxing Medical Electric Co's current Cyclically Adjusted PB Ratio of 2.21 is 30% below median its 10-year median of 3.14. Over the past 10 years, this metric has ranged from a low of 1.52 to a high of 6.42. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.14. Ningbonxing Medical Electric Co's value of 2.21 is 3.3% above this industry median. Based on the distribution chart, Ningbonxing Medical Electric Co ranks #1141 out of 2159 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Ningbonxing Medical Electric Co has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ningbonxing Medical Electric Co's Cyclically Adjusted PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Ningbonxing Medical Electric Co ranks #1141 out of 2159 companies for Cyclically Adjusted PB Ratio. This places Ningbonxing Medical Electric Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.14. Ningbonxing Medical Electric Co's value of 2.21 is 3.3% above this benchmark. Historically, Ningbonxing Medical Electric Co's own Cyclically Adjusted PB Ratio has ranged from 1.52 to 6.42 over the past decade. While the company's 10-year median is 3.14 vs. the industry median of 2.14, Ningbonxing Medical Electric 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 Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.14, based on 2,159 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. Ningbonxing Medical Electric Co's current Cyclically Adjusted PB Ratio of 2.21 is 3.3% 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 Ningbonxing Medical Electric Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbonxing Medical Electric Co's current Cyclically Adjusted PB Ratio is 2.21, which is 30% below median its own 10-year median of 3.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbonxing Medical Electric Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbonxing Medical Electric Co (SHSE:601567) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥28.78, compared to a current price of ¥14.84 — trading 48.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.21, which is 30% below median its 10-year median of 3.14 and 3.3% above the Industrial Products industry median of 2.14. Ningbonxing Medical Electric 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 Ningbonxing Medical Electric Co (SHSE:601567), the current Cyclically Adjusted PB Ratio is 2.21 as of Aug. 21, 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 Ningbonxing Medical Electric Co (SHSE:601567) Overvalued in 2026?

Based on GuruFocus' analysis, Ningbonxing Medical Electric Co stock appears to be undervalued. The current stock price of ¥14.84 is trading 48.4% below its estimated GF Value™ of ¥28.78. GuruFocus considers Ningbonxing Medical Electric Co to be Significantly Undervalued.

Key valuation signals for SHSE:601567:

  • Cyclically Adjusted PB Ratio: 2.21 (30% below median its 10-year median of 3.14)
  • GF Value™: ¥28.78 vs. price of ¥14.84 (48.4% below fair value)
  • GF Score™: 71/100 with 3 warning signs
  • Industry Position: 3.3% above the Industrial Products median (#1141 of 2159)

No single metric tells the full story. See the SHSE:601567 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ningbonxing Medical Electric Co Business Description

Address Yinzhou Industrial Park, Jiangshan Town, Yinzhou District, Zhejiang Province, Ningbo, CHN, 315191
Ningbo Sanxing Medical Electric Co Ltd operates in the electricity measurement industry. The product portfolio of the group includes the Meter box, Smart substation, Switchgear, Power distribution automation devices, and others. The company also operates in the Medical Service segment, which is mainly engaged in the construction, operation, investment, and acquisition of hospitals, as well as the finance leasing of hospitals, among others. It generates the majority of its revenue from the Intelligent power distribution segment.
71GF Score

Get the complete analysis for SHSE:601567

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

¥14.84
Price
¥28.78
GF Value