China Nuclear Engineeringnstruction (SHSE:601611) Cyclically Adjusted PB Ratio: 1.50 (As of Aug. 25, 2026) — Near Median

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SHSE:601611 China Nuclear Engineering & Construction Corp Ltd SHSE:601611
70 GF Score
Price ¥10.63
GF Value ¥8.40
Valuation Modestly Overvalued
! 9 Warning Signs
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What is China Nuclear Engineeringnstruction Cyclically Adjusted PB Ratio?

China Nuclear Engineeringnstruction SHSE:601611 +0.66% 70 Cyclically Adjusted PB Ratio is 1.50 as of Aug. 25, 2026, which is 1% below its 10-year median of 1.51. GuruFocus rates SHSE:601611 with a GF Score™ of 70/100 and a GF Value™ of ¥8.40 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 1,269 Construction companies, China Nuclear Engineeringnstruction ranks worse than 60.91% on this metric.

As of today (2026-08-25), China Nuclear Engineeringnstruction's current share price is ¥10.63. China Nuclear Engineeringnstruction's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ¥7.09. China Nuclear Engineeringnstruction's Cyclically Adjusted PB Ratio for today is 1.50.

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

SHSE:601611' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.23   Med: 1.51   Max: 2.8
Current: 1.5

During the past years, China Nuclear Engineeringnstruction's highest Cyclically Adjusted PB Ratio was 2.80. The lowest was 1.23. And the median was 1.51.

SHSE:601611's Cyclically Adjusted PB Ratio is ranked worse than
60.91% of 1269 companies
in the Construction industry
Industry Median: 1.13 vs SHSE:601611: 1.50

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.

China Nuclear Engineeringnstruction's adjusted book value per share data for the three months ended in Mar. 2026 was ¥11.155. 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 ¥7.09 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Nuclear Engineeringnstruction  (SHSE:601611) 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.


China Nuclear Engineeringnstruction Cyclically Adjusted PB Ratio Related Terms


China Nuclear Engineeringnstruction Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for China Nuclear Engineeringnstruction'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.

China Nuclear Engineeringnstruction Cyclically Adjusted PB Ratio Chart

China Nuclear Engineeringnstruction 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 1.61 1.33 1.51 1.97

China Nuclear Engineeringnstruction 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 1.41 1.44 1.33 1.97 1.98

SHSE:601611 vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, China Nuclear Engineeringnstruction'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.


China Nuclear Engineeringnstruction Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, China Nuclear Engineeringnstruction's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where China Nuclear Engineeringnstruction's Cyclically Adjusted PB Ratio falls into.


SHSE:601611
70GF Score
China Nuclear Engineering & Construction Corp Ltd SHSE:601611
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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China Nuclear Engineeringnstruction 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.

China Nuclear Engineeringnstruction's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.63/7.09
=1.50

* 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.

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

For example, China Nuclear Engineeringnstruction'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)
=11.155/116.3033*116.3033
=11.155

Current CPI (Mar. 2026) = 116.3033.

China Nuclear Engineeringnstruction Quarterly Data

Book Value per Share CPI Adj_Book
201606 3.078 101.400 3.530
201609 3.178 102.400 3.609
201612 3.255 102.600 3.690
201703 3.302 103.200 3.721
201706 3.304 103.100 3.727
201709 3.392 104.100 3.790
201712 3.543 104.500 3.943
201803 3.593 105.300 3.968
201806 3.632 104.900 4.027
201809 3.723 106.600 4.062
201812 3.831 106.500 4.184
201903 4.657 107.700 5.029
201906 5.576 107.700 6.021
201909 5.762 109.800 6.103
201912 5.906 111.200 6.177
202003 5.987 112.300 6.200
202006 6.007 110.400 6.328
202009 6.171 111.700 6.425
202012 6.442 111.500 6.720
202103 6.571 112.662 6.783
202106 6.491 111.769 6.754
202109 6.800 112.215 7.048
202112 7.701 113.108 7.919
202203 7.286 114.335 7.411
202206 7.569 114.558 7.684
202209 7.805 115.339 7.870
202212 9.486 115.116 9.584
202303 8.532 115.116 8.620
202306 8.575 114.558 8.706
202309 9.341 115.339 9.419
202312 9.502 114.781 9.628
202403 9.535 115.227 9.624
202406 9.413 114.781 9.538
202409 10.438 115.785 10.485
202412 10.124 114.893 10.248
202503 10.341 115.116 10.448
202506 11.011 114.907 11.145
202509 11.069 115.471 11.149
202512 11.012 115.832 11.057
202603 11.155 116.303 11.155

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 1.50 mean?
China Nuclear Engineeringnstruction (SHSE:601611) has a Cyclically Adjusted PB Ratio of 1.50 as of Aug. 25, 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 China Nuclear Engineeringnstruction and its competitors. This is near median its historical median of 1.51. Over the past decade, China Nuclear Engineeringnstruction's Cyclically Adjusted PB Ratio has ranged from 1.23 to 2.80. According to the industry distribution chart, China Nuclear Engineeringnstruction ranks #773 out of 1269 companies in the Construction industry, placing it in the top 60.9%.
Is China Nuclear Engineeringnstruction's Cyclically Adjusted PB Ratio too high?
China Nuclear Engineeringnstruction's current Cyclically Adjusted PB Ratio of 1.50 is near median its 10-year median of 1.51. Over the past 10 years, this metric has ranged from a low of 1.23 to a high of 2.80. The Construction industry median Cyclically Adjusted PB Ratio is 1.13. China Nuclear Engineeringnstruction's value of 1.50 is 32.7% above this industry median. Based on the distribution chart, China Nuclear Engineeringnstruction ranks #773 out of 1269 companies in the Construction industry, which is below the industry midpoint. Overall, China Nuclear Engineeringnstruction has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Nuclear Engineeringnstruction's Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, China Nuclear Engineeringnstruction ranks #773 out of 1269 companies for Cyclically Adjusted PB Ratio. This places China Nuclear Engineeringnstruction in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.13. China Nuclear Engineeringnstruction's value of 1.50 is 32.7% above this benchmark. Historically, China Nuclear Engineeringnstruction's own Cyclically Adjusted PB Ratio has ranged from 1.23 to 2.80 over the past decade. While the company's 10-year median is 1.51 vs. the industry median of 1.13, China Nuclear Engineeringnstruction 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 Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.13, based on 1,269 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. China Nuclear Engineeringnstruction's current Cyclically Adjusted PB Ratio of 1.50 is 32.7% 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 China Nuclear Engineeringnstruction and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Nuclear Engineeringnstruction's current Cyclically Adjusted PB Ratio is 1.50, which is near median its own 10-year median of 1.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Nuclear Engineeringnstruction stock overvalued right now?
Based on GuruFocus' analysis, China Nuclear Engineeringnstruction (SHSE:601611) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥8.40, compared to a current price of ¥10.63 — trading 26.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.50, which is near median its 10-year median of 1.51 and 32.7% above the Construction industry median of 1.13. China Nuclear Engineeringnstruction's overall GF Score™ is 70/100 with 9 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 China Nuclear Engineeringnstruction (SHSE:601611), the current Cyclically Adjusted PB Ratio is 1.50 as of Aug. 25, 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 China Nuclear Engineeringnstruction (SHSE:601611) Overvalued in 2026?

Based on GuruFocus' analysis, China Nuclear Engineeringnstruction stock appears to be overvalued. The current stock price of ¥10.63 is trading 26.5% above its estimated GF Value™ of ¥8.40. GuruFocus considers China Nuclear Engineeringnstruction to be Modestly Overvalued.

Key valuation signals for SHSE:601611:

  • Cyclically Adjusted PB Ratio: 1.50 (near median its 10-year median of 1.51)
  • GF Value™: ¥8.40 vs. price of ¥10.63 (26.5% above fair value)
  • GF Score™: 70/100 with 9 warning signs
  • Industry Position: 32.7% above the Construction median (#773 of 1269)

No single metric tells the full story. See the SHSE:601611 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Nuclear Engineeringnstruction Business Description

Address No. 500 Panlong Road, Qingpu District, Shanghai, CHN, 201702
China Nuclear Engineering & Construction Corp Ltd is engaged in military engineering, nuclear power engineering, and industrial and civil engineering construction. Its business scope includes investment management, general contracting, engineering construction contracting, engineering survey and design, and engineering and technical consulting.
70GF Score

Get the complete analysis for SHSE:601611

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

¥10.63
Price
¥8.40
GF Value