Bank of Changsha Co (SHSE:601577) Cyclically Adjusted PB Ratio: 0.73 (As of Aug. 16, 2026) — 12% Below Median

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SHSE:601577 Bank of Changsha Co Ltd SHSE:601577
76 GF Score
Price ¥9.18
GF Value ¥8.97
Valuation Fairly Valued
! 6 Warning Signs
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What is Bank of Changsha Co Cyclically Adjusted PB Ratio?

Bank of Changsha Co SHSE:601577 76 Cyclically Adjusted PB Ratio is 0.73 as of Aug. 16, 2026, which is 12% below its 10-year median of 0.83. GuruFocus rates SHSE:601577 with a GF Score™ of 76/100 and a GF Value™ of ¥8.97 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,285 Banks companies, Bank of Changsha Co ranks better than 78.13% on this metric.

As of today (2026-08-16), Bank of Changsha Co's current share price is ¥9.18. Bank of Changsha Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ¥12.52. Bank of Changsha Co's Cyclically Adjusted PB Ratio for today is 0.73.

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

SHSE:601577' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.67   Med: 0.83   Max: 0.97
Current: 0.73

During the past years, Bank of Changsha Co's highest Cyclically Adjusted PB Ratio was 0.97. The lowest was 0.67. And the median was 0.83.

SHSE:601577's Cyclically Adjusted PB Ratio is ranked better than
78.13% of 1285 companies
in the Banks industry
Industry Median: 1.3 vs SHSE:601577: 0.73

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.

Bank of Changsha Co's adjusted book value per share data for the three months ended in Mar. 2026 was ¥20.586. 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 ¥12.52 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bank of Changsha Co  (SHSE:601577) 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.


Bank of Changsha Co Cyclically Adjusted PB Ratio Related Terms


Bank of Changsha Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Bank of Changsha 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.

Bank of Changsha Co Cyclically Adjusted PB Ratio Chart

Bank of Changsha 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 0.75 0.84 0.80

Bank of Changsha 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 0.84 0.88 0.75 0.80 0.77

Bank of Changsha Co Cyclically Adjusted PB Ratio Competitor Comparison

For the Banks - Regional subindustry, Bank of Changsha 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.


Bank of Changsha Co Cyclically Adjusted PB Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Bank of Changsha Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Bank of Changsha Co's Cyclically Adjusted PB Ratio falls into.


SHSE:601577
76GF Score
Bank of Changsha Co Ltd SHSE:601577
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bank of Changsha 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.

Bank of Changsha Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.18/12.52
=0.73

* 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.

Bank of Changsha Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Bank of Changsha 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)
=20.586/116.3033*116.3033
=20.586

Current CPI (Mar. 2026) = 116.3033.

Bank of Changsha Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 6.309 101.400 7.236
201609 6.385 102.400 7.252
201612 6.475 102.600 7.340
201703 6.798 103.200 7.661
201706 7.334 103.100 8.273
201709 7.417 104.100 8.286
201712 7.561 104.500 8.415
201803 7.994 105.300 8.829
201806 7.565 104.900 8.387
201809 8.744 106.600 9.540
201812 8.944 106.500 9.767
201903 9.322 107.700 10.067
201906 9.402 107.700 10.153
201909 9.842 109.800 10.425
201912 10.124 111.200 10.589
202003 10.631 112.300 11.010
202006 10.633 110.400 11.202
202009 10.968 111.700 11.420
202012 11.206 111.500 11.689
202103 11.387 112.662 11.755
202106 11.541 111.769 12.009
202109 11.953 112.215 12.388
202112 12.192 113.108 12.536
202203 12.638 114.335 12.856
202206 12.729 114.558 12.923
202209 13.236 115.339 13.347
202212 13.490 115.116 13.629
202303 13.958 115.116 14.102
202306 14.157 114.558 14.373
202309 14.619 115.339 14.741
202312 14.949 114.781 15.147
202403 15.494 115.227 15.639
202406 15.649 114.781 15.857
202409 17.423 115.785 17.501
202412 17.909 114.893 18.129
202503 18.229 115.116 18.417
202506 18.389 114.907 18.612
202509 18.608 115.471 18.742
202512 19.897 115.832 19.978
202603 20.586 116.303 20.586

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 0.73 mean?
Bank of Changsha Co (SHSE:601577) has a Cyclically Adjusted PB Ratio of 0.73 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 Bank of Changsha Co and its competitors. This is 12% below median its historical median of 0.83. Over the past decade, Bank of Changsha Co's Cyclically Adjusted PB Ratio has ranged from 0.67 to 0.97. According to the industry distribution chart, Bank of Changsha Co ranks #281 out of 1285 companies in the Banks industry, placing it in the top 21.9%.
Is Bank of Changsha Co's Cyclically Adjusted PB Ratio too high?
Bank of Changsha Co's current Cyclically Adjusted PB Ratio of 0.73 is 12% below median its 10-year median of 0.83. Over the past 10 years, this metric has ranged from a low of 0.67 to a high of 0.97. The Banks industry median Cyclically Adjusted PB Ratio is 1.30. Bank of Changsha Co's value of 0.73 is 43.8% below this industry median. Based on the distribution chart, Bank of Changsha Co ranks #281 out of 1285 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Bank of Changsha Co has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bank of Changsha Co's Cyclically Adjusted PB Ratio compare to competitors?
According to the Banks industry distribution chart, Bank of Changsha Co ranks #281 out of 1285 companies for Cyclically Adjusted PB Ratio. This places Bank of Changsha Co in the top 22% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.30. Bank of Changsha Co's value of 0.73 is 43.8% below this benchmark. Historically, Bank of Changsha Co's own Cyclically Adjusted PB Ratio has ranged from 0.67 to 0.97 over the past decade. While the company's 10-year median is 0.83 vs. the industry median of 1.30, Bank of Changsha 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 Banks company?
The median Cyclically Adjusted PB Ratio among Banks companies is 1.30, based on 1,285 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. Bank of Changsha Co's current Cyclically Adjusted PB Ratio of 0.73 is 43.8% 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 Bank of Changsha Co and its competitors. For the Banks industry, the median Cyclically Adjusted PB Ratio is 1.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bank of Changsha Co's current Cyclically Adjusted PB Ratio is 0.73, which is 12% below median its own 10-year median of 0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bank of Changsha Co stock overvalued right now?
Based on GuruFocus' analysis, Bank of Changsha Co (SHSE:601577) is currently considered Fairly Valued. The stock's GF Value™ is ¥8.97, compared to a current price of ¥9.18 — trading 2.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.73, which is 12% below median its 10-year median of 0.83 and 43.8% below the Banks industry median of 1.30. Bank of Changsha Co's overall GF Score™ is 76/100 with 6 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 Bank of Changsha Co (SHSE:601577), the current Cyclically Adjusted PB Ratio is 0.73 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 Bank of Changsha Co (SHSE:601577) Overvalued in 2026?

Based on GuruFocus' analysis, Bank of Changsha Co stock appears to be overvalued. The current stock price of ¥9.18 is trading 2.3% above its estimated GF Value™ of ¥8.97. GuruFocus considers Bank of Changsha Co to be Fairly Valued.

Key valuation signals for SHSE:601577:

  • Cyclically Adjusted PB Ratio: 0.73 (12% below median its 10-year median of 0.83)
  • GF Value™: ¥8.97 vs. price of ¥9.18 (2.3% above fair value)
  • GF Score™: 76/100 with 6 warning signs
  • Industry Position: 43.8% below the Banks median (#281 of 1285)

No single metric tells the full story. See the SHSE:601577 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bank of Changsha Co Business Description

Address 53 Binjiang Road, Block B, Kailin Business Center, Yuelu District, Changsha, CHN, 410205
Bank of Changsha Co Ltd is a China based company involved in the banking industry. It provides various commercial banking products and services. It offers savings products, deposits, consumer and business loans, and credit products.
76GF Score

Get the complete analysis for SHSE:601577

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

¥9.18
Price
¥8.97
GF Value