Beijing North Star Co (SHSE:601588) Cyclically Adjusted PB Ratio: 0.43 (As of Aug. 27, 2026) — 26% Below Median

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SHSE:601588 Beijing North Star Co Ltd SHSE:601588
54 GF Score
Price ¥1.75
GF Value ¥1.40
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Beijing North Star Co Cyclically Adjusted PB Ratio?

Beijing North Star Co SHSE:601588 54 Cyclically Adjusted PB Ratio is 0.43 as of Aug. 27, 2026, which is 26% below its 10-year median of 0.58. GuruFocus rates SHSE:601588 with a GF Score™ of 54/100 and a GF Value™ of ¥1.40 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,309 Real Estate companies, Beijing North Star Co ranks better than 64.71% on this metric.

As of today (2026-08-27), Beijing North Star Co's current share price is ¥1.75. Beijing North Star Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ¥4.10. Beijing North Star Co's Cyclically Adjusted PB Ratio for today is 0.43.

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

SHSE:601588' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.3   Med: 0.58   Max: 2.02
Current: 0.43

During the past years, Beijing North Star Co's highest Cyclically Adjusted PB Ratio was 2.02. The lowest was 0.30. And the median was 0.58.

SHSE:601588's Cyclically Adjusted PB Ratio is ranked better than
64.71% of 1309 companies
in the Real Estate industry
Industry Median: 0.67 vs SHSE:601588: 0.43

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.

Beijing North Star Co's adjusted book value per share data for the three months ended in Jun. 2026 was ¥1.729. 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 ¥4.10 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Beijing North Star Co  (SHSE:601588) 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.


Beijing North Star Co Cyclically Adjusted PB Ratio Related Terms


Beijing North Star Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Beijing North Star 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.

Beijing North Star Co Cyclically Adjusted PB Ratio Chart

Beijing North Star 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 0.59 0.47 0.44 0.43 0.41

Beijing North Star Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 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 0.41 0.45 0.41 0.43 0.39

Beijing North Star Co Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, Beijing North Star 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.


Beijing North Star Co Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Beijing North Star Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Beijing North Star Co's Cyclically Adjusted PB Ratio falls into.


SHSE:601588
54GF Score
Beijing North Star Co Ltd SHSE:601588
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Beijing North Star 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.

Beijing North Star Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.75/4.10
=0.43

* 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.

Beijing North Star Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Beijing North Star Co's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1.729/116.0564*116.0564
=1.729

Current CPI (Jun. 2026) = 116.0564.

Beijing North Star Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 3.411 102.400 3.866
201612 3.463 102.600 3.917
201703 3.552 103.200 3.994
201706 3.588 103.100 4.039
201709 3.651 104.100 4.070
201712 3.800 104.500 4.220
201803 3.931 105.300 4.333
201806 3.880 104.900 4.293
201809 4.042 106.600 4.401
201812 4.520 106.500 4.926
201903 4.763 107.700 5.133
201906 5.048 107.700 5.440
201909 5.054 109.800 5.342
201912 5.158 111.200 5.383
202003 5.217 112.300 5.392
202006 5.020 110.400 5.277
202009 5.020 111.700 5.216
202012 5.064 111.500 5.271
202103 5.160 112.662 5.315
202106 5.081 111.769 5.276
202109 5.104 112.215 5.279
202112 4.606 113.108 4.726
202203 4.601 114.335 4.670
202206 4.113 114.558 4.167
202209 4.030 115.339 4.055
202212 3.798 115.116 3.829
202303 3.807 115.116 3.838
202306 3.800 114.558 3.850
202309 3.806 115.339 3.830
202312 3.815 114.781 3.857
202403 3.764 115.227 3.791
202406 3.498 114.781 3.537
202409 3.442 115.785 3.450
202412 2.881 114.893 2.910
202503 2.793 115.116 2.816
202506 2.410 114.907 2.434
202509 2.235 115.471 2.246
202512 1.991 115.832 1.995
202603 1.946 116.303 1.942
202606 1.729 116.056 1.729

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 0.43 mean?
Beijing North Star Co (SHSE:601588) has a Cyclically Adjusted PB Ratio of 0.43 as of Aug. 27, 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 Beijing North Star Co and its competitors. This is 26% below median its historical median of 0.58. Over the past decade, Beijing North Star Co's Cyclically Adjusted PB Ratio has ranged from 0.30 to 2.02. According to the industry distribution chart, Beijing North Star Co ranks #462 out of 1309 companies in the Real Estate industry, placing it in the top 35.3%.
Is Beijing North Star Co's Cyclically Adjusted PB Ratio too high?
Beijing North Star Co's current Cyclically Adjusted PB Ratio of 0.43 is 26% below median its 10-year median of 0.58. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 2.02. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.67. Beijing North Star Co's value of 0.43 is 35.8% below this industry median. Based on the distribution chart, Beijing North Star Co ranks #462 out of 1309 companies in the Real Estate industry, which is above the industry midpoint. Overall, Beijing North Star Co has a GF Score™ of 54/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Beijing North Star Co's Cyclically Adjusted PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Beijing North Star Co ranks #462 out of 1309 companies for Cyclically Adjusted PB Ratio. This puts Beijing North Star Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.67. Beijing North Star Co's value of 0.43 is 35.8% below this benchmark. Historically, Beijing North Star Co's own Cyclically Adjusted PB Ratio has ranged from 0.30 to 2.02 over the past decade. While the company's 10-year median is 0.58 vs. the industry median of 0.67, Beijing North Star 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 Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.67, based on 1,309 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. Beijing North Star Co's current Cyclically Adjusted PB Ratio of 0.43 is 35.8% 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 Beijing North Star Co and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Beijing North Star Co's current Cyclically Adjusted PB Ratio is 0.43, which is 26% below median its own 10-year median of 0.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beijing North Star Co stock overvalued right now?
Based on GuruFocus' analysis, Beijing North Star Co (SHSE:601588) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥1.40, compared to a current price of ¥1.75 — trading 25% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.43, which is 26% below median its 10-year median of 0.58 and 35.8% below the Real Estate industry median of 0.67. Beijing North Star Co's overall GF Score™ is 54/100 with 7 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 Beijing North Star Co (SHSE:601588), the current Cyclically Adjusted PB Ratio is 0.43 as of Aug. 27, 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 Beijing North Star Co (SHSE:601588) Overvalued in 2026?

Based on GuruFocus' analysis, Beijing North Star Co stock appears to be overvalued. The current stock price of ¥1.75 is trading 25% above its estimated GF Value™ of ¥1.40. GuruFocus considers Beijing North Star Co to be Modestly Overvalued.

Key valuation signals for SHSE:601588:

  • Cyclically Adjusted PB Ratio: 0.43 (26% below median its 10-year median of 0.58)
  • GF Value™: ¥1.40 vs. price of ¥1.75 (25% above fair value)
  • GF Score™: 54/100 with 7 warning signs
  • Industry Position: 35.8% below the Real Estate median (#462 of 1309)

No single metric tells the full story. See the SHSE:601588 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Beijing North Star Co Business Description

Other Exchanges 00588:Hong KongBJ3:Germany
Address No. 8 Bei Chen Dong Road, 12th Floor, Tower A, Hui Xin Building, Chao Yang District, Beijing, CHN, 100101
Beijing North Star Co Ltd is engaged in convention and exhibition, ancillary facilities services, and real estate development in the PRC. Its segments include Real estate development and Convention and exhibition, and ancillary facilities services. The Group's investment property portfolio mainly included office units, apartment units, shopping malls, and convention centres. Its development properties are located in Beijing, Changsha, and Wuhan and consist of the development and sale of houses, apartments, villas, and offices of different classes and features for commercial purposes. The investment properties include convention, hotel, office, and apartment businesses. Commercial properties include Shopping Centres. All of the company's revenue is derived from China.
54GF Score

Get the complete analysis for SHSE:601588

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

¥1.75
Price
¥1.40
GF Value