Zhuzhou Kibing Group Co (SHSE:601636) Cyclically Adjusted PB Ratio: 1.48 (As of Sep. 04, 2026) — 42% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:601636 Zhuzhou Kibing Group Co Ltd SHSE:601636
82 GF Score
Price ¥6.01
GF Value ¥6.10
Valuation Fairly Valued
! 11 Warning Signs
View Full Analysis

What is Zhuzhou Kibing Group Co Cyclically Adjusted PB Ratio?

Zhuzhou Kibing Group Co SHSE:601636 +3.09% 82 Cyclically Adjusted PB Ratio is 1.48 as of Sep. 04, 2026, which is 42% below its 10-year median of 2.54. GuruFocus rates SHSE:601636 with a GF Score™ of 82/100 and a GF Value™ of ¥6.10 (Fairly Valued). The stock has 11 warning signs investors should review. Among 287 Building Materials companies, Zhuzhou Kibing Group Co ranks worse than 62.37% on this metric.

As of today (2026-09-04), Zhuzhou Kibing Group Co's current share price is ¥6.01. Zhuzhou Kibing Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ¥4.06. Zhuzhou Kibing Group Co's Cyclically Adjusted PB Ratio for today is 1.48.

The historical rank and industry rank for Zhuzhou Kibing Group Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:601636' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.34   Med: 2.54   Max: 11.13
Current: 1.44

During the past years, Zhuzhou Kibing Group Co's highest Cyclically Adjusted PB Ratio was 11.13. The lowest was 1.34. And the median was 2.54.

SHSE:601636's Cyclically Adjusted PB Ratio is ranked worse than
62.37% of 287 companies
in the Building Materials industry
Industry Median: 0.99 vs SHSE:601636: 1.44

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.

Zhuzhou Kibing Group Co's adjusted book value per share data for the three months ended in Jun. 2026 was ¥4.856. 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 ¥4.06 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zhuzhou Kibing Group Co  (SHSE:601636) 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.


Zhuzhou Kibing Group Co Cyclically Adjusted PB Ratio Related Terms


Zhuzhou Kibing Group Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Zhuzhou Kibing Group 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.

Zhuzhou Kibing Group Co Cyclically Adjusted PB Ratio Chart

Zhuzhou Kibing Group 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 6.31 3.74 2.06 1.55 1.51

Zhuzhou Kibing Group 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 1.34 1.87 1.51 1.46 2.52

SHSE:601636 vs CRH, MLM, VMC: Cyclically Adjusted PB Ratio Comparison

For the Building Materials subindustry, Zhuzhou Kibing Group 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.


Zhuzhou Kibing Group Co Cyclically Adjusted PB Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Zhuzhou Kibing Group Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Zhuzhou Kibing Group Co's Cyclically Adjusted PB Ratio falls into.


SHSE:601636
82GF Score
Zhuzhou Kibing Group Co Ltd SHSE:601636
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zhuzhou Kibing Group 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.

Zhuzhou Kibing Group Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.01/4.06
=1.48

* 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.

Zhuzhou Kibing Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Zhuzhou Kibing Group 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)
=4.856/116.0564*116.0564
=4.856

Current CPI (Jun. 2026) = 116.0564.

Zhuzhou Kibing Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 2.138 102.400 2.423
201612 2.310 102.600 2.613
201703 2.424 103.200 2.726
201706 2.343 103.100 2.637
201709 2.491 104.100 2.777
201712 2.641 104.500 2.933
201803 2.772 105.300 3.055
201806 2.639 104.900 2.920
201809 2.757 106.600 3.002
201812 2.816 106.500 3.069
201903 2.889 107.700 3.113
201906 2.728 107.700 2.940
201909 2.897 109.800 3.062
201912 3.065 111.200 3.199
202003 3.121 112.300 3.225
202006 2.980 110.400 3.133
202009 3.248 111.700 3.375
202012 3.519 111.500 3.663
202103 3.856 112.662 3.972
202106 4.106 111.769 4.263
202109 4.658 112.215 4.817
202112 4.969 113.108 5.099
202203 5.213 114.335 5.291
202206 4.546 114.558 4.605
202209 4.601 115.339 4.630
202212 4.695 115.116 4.733
202303 4.750 115.116 4.789
202306 4.956 114.558 5.021
202309 4.843 115.339 4.873
202312 5.049 114.781 5.105
202403 5.204 115.227 5.241
202406 5.341 114.781 5.400
202409 5.028 115.785 5.040
202412 4.972 114.893 5.022
202503 5.149 115.116 5.191
202506 5.168 114.907 5.220
202509 5.176 115.471 5.202
202512 5.028 115.832 5.038
202603 5.050 116.303 5.039
202606 4.856 116.056 4.856

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 1.48 mean?
Zhuzhou Kibing Group Co (SHSE:601636) has a Cyclically Adjusted PB Ratio of 1.48 as of Sep. 04, 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 Zhuzhou Kibing Group Co and its competitors. This is 42% below median its historical median of 2.54. Over the past decade, Zhuzhou Kibing Group Co's Cyclically Adjusted PB Ratio has ranged from 1.34 to 11.13. According to the industry distribution chart, Zhuzhou Kibing Group Co ranks #179 out of 287 companies in the Building Materials industry, placing it in the top 62.4%.
Is Zhuzhou Kibing Group Co's Cyclically Adjusted PB Ratio too high?
Zhuzhou Kibing Group Co's current Cyclically Adjusted PB Ratio of 1.48 is 42% below median its 10-year median of 2.54. Over the past 10 years, this metric has ranged from a low of 1.34 to a high of 11.13. The Building Materials industry median Cyclically Adjusted PB Ratio is 0.99. Zhuzhou Kibing Group Co's value of 1.48 is 49.5% above this industry median. Based on the distribution chart, Zhuzhou Kibing Group Co ranks #179 out of 287 companies in the Building Materials industry, which is below the industry midpoint. Overall, Zhuzhou Kibing Group Co has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zhuzhou Kibing Group Co's Cyclically Adjusted PB Ratio compare to CRH and MLM?
According to the Building Materials industry distribution chart, Zhuzhou Kibing Group Co ranks #179 out of 287 companies for Cyclically Adjusted PB Ratio. This places Zhuzhou Kibing Group Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.99. Zhuzhou Kibing Group Co's value of 1.48 is 49.5% above this benchmark. Historically, Zhuzhou Kibing Group Co's own Cyclically Adjusted PB Ratio has ranged from 1.34 to 11.13 over the past decade. While the company's 10-year median is 2.54 vs. the industry median of 0.99, Zhuzhou Kibing Group 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 Building Materials company?
The median Cyclically Adjusted PB Ratio among Building Materials companies is 0.99, based on 287 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. Zhuzhou Kibing Group Co's current Cyclically Adjusted PB Ratio of 1.48 is 49.5% 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 Zhuzhou Kibing Group Co and its competitors. For the Building Materials industry, the median Cyclically Adjusted PB Ratio is 0.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhuzhou Kibing Group Co's current Cyclically Adjusted PB Ratio is 1.48, which is 42% below median its own 10-year median of 2.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhuzhou Kibing Group Co stock overvalued right now?
Based on GuruFocus' analysis, Zhuzhou Kibing Group Co (SHSE:601636) is currently considered Fairly Valued. The stock's GF Value™ is ¥6.10, compared to a current price of ¥6.01 — trading 1.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.48, which is 42% below median its 10-year median of 2.54 and 49.5% above the Building Materials industry median of 0.99. Zhuzhou Kibing Group Co's overall GF Score™ is 82/100 with 11 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 Zhuzhou Kibing Group Co (SHSE:601636), the current Cyclically Adjusted PB Ratio is 1.48 as of Sep. 04, 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 Zhuzhou Kibing Group Co (SHSE:601636) Overvalued in 2026?

Based on GuruFocus' analysis, Zhuzhou Kibing Group Co stock appears to be undervalued. The current stock price of ¥6.01 is trading 1.5% below its estimated GF Value™ of ¥6.10. GuruFocus considers Zhuzhou Kibing Group Co to be Fairly Valued.

Key valuation signals for SHSE:601636:

  • Cyclically Adjusted PB Ratio: 1.48 (42% below median its 10-year median of 2.54)
  • GF Value™: ¥6.10 vs. price of ¥6.01 (1.5% below fair value)
  • GF Score™: 82/100 with 11 warning signs
  • Industry Position: 49.5% above the Building Materials median (#179 of 287)

No single metric tells the full story. See the SHSE:601636 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhuzhou Kibing Group Co Business Description

Address No. 2, Longzhu 4th Road, Taoyuan Street, 36th Floor, Building T1, Fangdacheng, Nanshan District, Guangdong, Shenzhen, CHN, 518073
Zhuzhou Kibing Group Co Ltd is engaged in the Manufacturing and sales of raw glass, research and development of new glass materials and deep processing of glass.
82GF Score

Get the complete analysis for SHSE:601636

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

¥6.01
Price
¥6.10
GF Value