Pingdingshan Tianan Coal Mining Co (SHSE:601666) Cyclically Adjusted PB Ratio: 1.21 (As of Aug. 23, 2026) — Near Median

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SHSE:601666 Pingdingshan Tianan Coal Mining Co Ltd SHSE:601666
68 GF Score
Price ¥9.61
GF Value ¥7.93
Valuation Modestly Overvalued
! 14 Warning Signs
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What is Pingdingshan Tianan Coal Mining Co Cyclically Adjusted PB Ratio?

Pingdingshan Tianan Coal Mining Co SHSE:601666 +1.59% 68 Cyclically Adjusted PB Ratio is 1.21 as of Aug. 23, 2026, which is 4% above its 10-year median of 1.16. GuruFocus rates SHSE:601666 with a GF Score™ of 68/100 and a GF Value™ of ¥7.93 (Modestly Overvalued). The stock has 14 warning signs investors should review. Among 132 Other Energy Sources companies, Pingdingshan Tianan Coal Mining Co ranks worse than 51.52% on this metric.

As of today (2026-08-23), Pingdingshan Tianan Coal Mining Co's current share price is ¥9.61. Pingdingshan Tianan Coal Mining Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ¥7.97. Pingdingshan Tianan Coal Mining Co's Cyclically Adjusted PB Ratio for today is 1.21.

The historical rank and industry rank for Pingdingshan Tianan Coal Mining Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:601666' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.68   Med: 1.16   Max: 2.81
Current: 1.21

During the past years, Pingdingshan Tianan Coal Mining Co's highest Cyclically Adjusted PB Ratio was 2.81. The lowest was 0.68. And the median was 1.16.

SHSE:601666's Cyclically Adjusted PB Ratio is ranked worse than
51.52% of 132 companies
in the Other Energy Sources industry
Industry Median: 1.165 vs SHSE:601666: 1.21

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.

Pingdingshan Tianan Coal Mining Co's adjusted book value per share data for the three months ended in Mar. 2026 was ¥10.143. 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 ¥7.97 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pingdingshan Tianan Coal Mining Co  (SHSE:601666) 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.


Pingdingshan Tianan Coal Mining Co Cyclically Adjusted PB Ratio Related Terms


Pingdingshan Tianan Coal Mining Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Pingdingshan Tianan Coal Mining 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.

Pingdingshan Tianan Coal Mining Co Cyclically Adjusted PB Ratio Chart

Pingdingshan Tianan Coal Mining 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 1.44 1.74 1.73 1.39 1.01

Pingdingshan Tianan Coal Mining 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 1.17 0.99 1.03 1.01 1.02

Pingdingshan Tianan Coal Mining Co Cyclically Adjusted PB Ratio Competitor Comparison

For the Thermal Coal subindustry, Pingdingshan Tianan Coal Mining 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.


Pingdingshan Tianan Coal Mining Co Cyclically Adjusted PB Ratio vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Pingdingshan Tianan Coal Mining Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Pingdingshan Tianan Coal Mining Co's Cyclically Adjusted PB Ratio falls into.


SHSE:601666
68GF Score
Pingdingshan Tianan Coal Mining Co Ltd SHSE:601666
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pingdingshan Tianan Coal Mining 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.

Pingdingshan Tianan Coal Mining Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.61/7.97
=1.21

* 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.

Pingdingshan Tianan Coal Mining Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Pingdingshan Tianan Coal Mining 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)
=10.143/116.3033*116.3033
=10.143

Current CPI (Mar. 2026) = 116.3033.

Pingdingshan Tianan Coal Mining Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 4.331 101.400 4.968
201609 4.394 102.400 4.991
201612 4.812 102.600 5.455
201703 4.813 103.200 5.424
201706 4.970 103.100 5.606
201709 5.209 104.100 5.820
201712 5.070 104.500 5.643
201803 5.193 105.300 5.736
201806 5.341 104.900 5.922
201809 5.411 106.600 5.904
201812 5.499 106.500 6.005
201903 5.680 107.700 6.134
201906 5.780 107.700 6.242
201909 5.888 109.800 6.237
201912 6.139 111.200 6.421
202003 6.371 112.300 6.598
202006 6.730 110.400 7.090
202009 6.905 111.700 7.190
202012 6.710 111.500 6.999
202103 7.000 112.662 7.226
202106 6.509 111.769 6.773
202109 6.941 112.215 7.194
202112 7.148 113.108 7.350
202203 8.118 114.335 8.258
202206 8.232 114.558 8.357
202209 8.950 115.339 9.025
202212 9.429 115.116 9.526
202303 10.510 115.116 10.618
202306 10.431 114.558 10.590
202309 10.720 115.339 10.810
202312 10.955 114.781 11.100
202403 11.579 115.227 11.687
202406 10.890 114.781 11.034
202409 11.256 115.785 11.306
202412 10.118 114.893 10.242
202503 10.790 115.116 10.901
202506 10.907 114.907 11.040
202509 11.014 115.471 11.093
202512 10.003 115.832 10.044
202603 10.143 116.303 10.143

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 1.21 mean?
Pingdingshan Tianan Coal Mining Co (SHSE:601666) has a Cyclically Adjusted PB Ratio of 1.21 as of Aug. 23, 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 Pingdingshan Tianan Coal Mining Co and its competitors. This is near median its historical median of 1.16. Over the past decade, Pingdingshan Tianan Coal Mining Co's Cyclically Adjusted PB Ratio has ranged from 0.68 to 2.81. According to the industry distribution chart, Pingdingshan Tianan Coal Mining Co ranks #68 out of 132 companies in the Other Energy Sources industry, placing it in the top 51.5%.
Is Pingdingshan Tianan Coal Mining Co's Cyclically Adjusted PB Ratio too high?
Pingdingshan Tianan Coal Mining Co's current Cyclically Adjusted PB Ratio of 1.21 is near median its 10-year median of 1.16. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 2.81. The Other Energy Sources industry median Cyclically Adjusted PB Ratio is 1.17. Pingdingshan Tianan Coal Mining Co's value of 1.21 is 3.9% above this industry median. Based on the distribution chart, Pingdingshan Tianan Coal Mining Co ranks #68 out of 132 companies in the Other Energy Sources industry, which is below the industry midpoint. Overall, Pingdingshan Tianan Coal Mining Co has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pingdingshan Tianan Coal Mining Co's Cyclically Adjusted PB Ratio compare to competitors?
According to the Other Energy Sources industry distribution chart, Pingdingshan Tianan Coal Mining Co ranks #68 out of 132 companies for Cyclically Adjusted PB Ratio. This places Pingdingshan Tianan Coal Mining Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.17. Pingdingshan Tianan Coal Mining Co's value of 1.21 is 3.9% above this benchmark. Historically, Pingdingshan Tianan Coal Mining Co's own Cyclically Adjusted PB Ratio has ranged from 0.68 to 2.81 over the past decade. While the company's 10-year median is 1.16 vs. the industry median of 1.17, Pingdingshan Tianan Coal Mining 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 Other Energy Sources company?
The median Cyclically Adjusted PB Ratio among Other Energy Sources companies is 1.17, based on 132 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. Pingdingshan Tianan Coal Mining Co's current Cyclically Adjusted PB Ratio of 1.21 is 3.9% 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 Pingdingshan Tianan Coal Mining Co and its competitors. For the Other Energy Sources industry, the median Cyclically Adjusted PB Ratio is 1.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pingdingshan Tianan Coal Mining Co's current Cyclically Adjusted PB Ratio is 1.21, which is near median its own 10-year median of 1.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pingdingshan Tianan Coal Mining Co stock overvalued right now?
Based on GuruFocus' analysis, Pingdingshan Tianan Coal Mining Co (SHSE:601666) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥7.93, compared to a current price of ¥9.61 — trading 21.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.21, which is near median its 10-year median of 1.16 and 3.9% above the Other Energy Sources industry median of 1.17. Pingdingshan Tianan Coal Mining Co's overall GF Score™ is 68/100 with 14 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 Pingdingshan Tianan Coal Mining Co (SHSE:601666), the current Cyclically Adjusted PB Ratio is 1.21 as of Aug. 23, 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 Pingdingshan Tianan Coal Mining Co (SHSE:601666) Overvalued in 2026?

Based on GuruFocus' analysis, Pingdingshan Tianan Coal Mining Co stock appears to be overvalued. The current stock price of ¥9.61 is trading 21.2% above its estimated GF Value™ of ¥7.93. GuruFocus considers Pingdingshan Tianan Coal Mining Co to be Modestly Overvalued.

Key valuation signals for SHSE:601666:

  • Cyclically Adjusted PB Ratio: 1.21 (near median its 10-year median of 1.16)
  • GF Value™: ¥7.93 vs. price of ¥9.61 (21.2% above fair value)
  • GF Score™: 68/100 with 14 warning signs
  • Industry Position: 3.9% above the Other Energy Sources median (#68 of 132)

No single metric tells the full story. See the SHSE:601666 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pingdingshan Tianan Coal Mining Co Business Description

Address No. 21, Kuangong Road, Henan Province, Pingtingshan, CHN, 467099
Pingdingshan Tianan Coal Mining Co Ltd is engaged in the business of coal mining, coal washing, and processing, and coal sales. The product portfolio includes power coal and smelting clean coal.
68GF Score

Get the complete analysis for SHSE:601666

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

¥9.61
Price
¥7.93
GF Value