Shanxi Lu'an Environmental Energy Development Co (SHSE:601699) Cyclically Adjusted PB Ratio: 1.44 (As of Aug. 24, 2026) — Near Median

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SHSE:601699 Shanxi Lu'an Environmental Energy Development Co Ltd SHSE:601699
76 GF Score
Price ¥16.85
GF Value ¥12.37
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Shanxi Lu'an Environmental Energy Development Co Cyclically Adjusted PB Ratio?

Shanxi Lu'an Environmental Energy Development Co SHSE:601699 +0.96% 76 Cyclically Adjusted PB Ratio is 1.44 as of Aug. 24, 2026, which is 3% below its 10-year median of 1.49. GuruFocus rates SHSE:601699 with a GF Score™ of 76/100 and a GF Value™ of ¥12.37 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 131 Other Energy Sources companies, Shanxi Lu'an Environmental Energy Development Co ranks worse than 57.25% on this metric.

As of today (2026-08-24), Shanxi Lu'an Environmental Energy Development Co's current share price is ¥16.85. Shanxi Lu'an Environmental Energy Development Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ¥11.70. Shanxi Lu'an Environmental Energy Development Co's Cyclically Adjusted PB Ratio for today is 1.44.

The historical rank and industry rank for Shanxi Lu'an Environmental Energy Development Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:601699' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.74   Med: 1.49   Max: 2.9
Current: 1.43

During the past years, Shanxi Lu'an Environmental Energy Development Co's highest Cyclically Adjusted PB Ratio was 2.90. The lowest was 0.74. And the median was 1.49.

SHSE:601699's Cyclically Adjusted PB Ratio is ranked worse than
57.25% of 131 companies
in the Other Energy Sources industry
Industry Median: 1.21 vs SHSE:601699: 1.43

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.

Shanxi Lu'an Environmental Energy Development Co's adjusted book value per share data for the three months ended in Mar. 2026 was ¥15.496. 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 ¥11.70 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shanxi Lu'an Environmental Energy Development Co  (SHSE:601699) 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.


Shanxi Lu'an Environmental Energy Development Co Cyclically Adjusted PB Ratio Related Terms


Shanxi Lu'an Environmental Energy Development Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Shanxi Lu'an Environmental Energy Development 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.

Shanxi Lu'an Environmental Energy Development Co Cyclically Adjusted PB Ratio Chart

Shanxi Lu'an Environmental Energy Development 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 1.45 1.94 2.28 1.37 1.03

Shanxi Lu'an Environmental Energy Development 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 1.12 0.97 1.27 1.03 1.16

Shanxi Lu'an Environmental Energy Development Co Cyclically Adjusted PB Ratio Competitor Comparison

For the Thermal Coal subindustry, Shanxi Lu'an Environmental Energy Development 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.


Shanxi Lu'an Environmental Energy Development Co Cyclically Adjusted PB Ratio vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Shanxi Lu'an Environmental Energy Development Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Shanxi Lu'an Environmental Energy Development Co's Cyclically Adjusted PB Ratio falls into.


SHSE:601699
76GF Score
Shanxi Lu'an Environmental Energy Development Co Ltd SHSE:601699
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shanxi Lu'an Environmental Energy Development 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.

Shanxi Lu'an Environmental Energy Development Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=16.85/11.70
=1.44

* 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.

Shanxi Lu'an Environmental Energy Development Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Shanxi Lu'an Environmental Energy Development 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)
=15.496/116.3033*116.3033
=15.496

Current CPI (Mar. 2026) = 116.3033.

Shanxi Lu'an Environmental Energy Development Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 6.015 101.400 6.899
201609 6.065 102.400 6.888
201612 6.124 102.600 6.942
201703 6.376 103.200 7.186
201706 6.582 103.100 7.425
201709 6.881 104.100 7.688
201712 7.058 104.500 7.855
201803 7.439 105.300 8.216
201806 7.517 104.900 8.334
201809 7.945 106.600 8.668
201812 8.129 106.500 8.877
201903 8.428 107.700 9.101
201906 8.470 107.700 9.147
201909 8.751 109.800 9.269
201912 8.345 111.200 8.728
202003 8.714 112.300 9.025
202006 8.753 110.400 9.221
202009 8.881 111.700 9.247
202012 9.159 111.500 9.554
202103 9.668 112.662 9.981
202106 10.167 111.769 10.579
202109 11.129 112.215 11.534
202112 11.580 113.108 11.907
202203 12.616 114.335 12.833
202206 13.285 114.558 13.487
202209 14.654 115.339 14.777
202212 16.296 115.116 16.464
202303 17.606 115.116 17.788
202306 15.383 114.558 15.617
202309 16.298 115.339 16.434
202312 16.066 114.781 16.279
202403 16.664 115.227 16.820
202406 15.437 114.781 15.642
202409 15.682 115.785 15.752
202412 15.445 114.893 15.635
202503 15.788 115.116 15.951
202506 15.529 114.907 15.718
202509 15.632 115.471 15.745
202512 15.149 115.832 15.211
202603 15.496 116.303 15.496

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 1.44 mean?
Shanxi Lu'an Environmental Energy Development Co (SHSE:601699) has a Cyclically Adjusted PB Ratio of 1.44 as of Aug. 24, 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 Shanxi Lu'an Environmental Energy Development Co and its competitors. This is near median its historical median of 1.49. Over the past decade, Shanxi Lu'an Environmental Energy Development Co's Cyclically Adjusted PB Ratio has ranged from 0.74 to 2.90. According to the industry distribution chart, Shanxi Lu'an Environmental Energy Development Co ranks #75 out of 131 companies in the Other Energy Sources industry, placing it in the top 57.3%.
Is Shanxi Lu'an Environmental Energy Development Co's Cyclically Adjusted PB Ratio too high?
Shanxi Lu'an Environmental Energy Development Co's current Cyclically Adjusted PB Ratio of 1.44 is near median its 10-year median of 1.49. Over the past 10 years, this metric has ranged from a low of 0.74 to a high of 2.90. The Other Energy Sources industry median Cyclically Adjusted PB Ratio is 1.21. Shanxi Lu'an Environmental Energy Development Co's value of 1.44 is 19% above this industry median. Based on the distribution chart, Shanxi Lu'an Environmental Energy Development Co ranks #75 out of 131 companies in the Other Energy Sources industry, which is below the industry midpoint. Overall, Shanxi Lu'an Environmental Energy Development Co has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shanxi Lu'an Environmental Energy Development Co's Cyclically Adjusted PB Ratio compare to competitors?
According to the Other Energy Sources industry distribution chart, Shanxi Lu'an Environmental Energy Development Co ranks #75 out of 131 companies for Cyclically Adjusted PB Ratio. This places Shanxi Lu'an Environmental Energy Development Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.21. Shanxi Lu'an Environmental Energy Development Co's value of 1.44 is 19% above this benchmark. Historically, Shanxi Lu'an Environmental Energy Development Co's own Cyclically Adjusted PB Ratio has ranged from 0.74 to 2.90 over the past decade. While the company's 10-year median is 1.49 vs. the industry median of 1.21, Shanxi Lu'an Environmental Energy Development 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 1.21, based on 131 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. Shanxi Lu'an Environmental Energy Development Co's current Cyclically Adjusted PB Ratio of 1.44 is 19% 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 Shanxi Lu'an Environmental Energy Development Co and its competitors. For the Other Energy Sources industry, the median Cyclically Adjusted PB Ratio is 1.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanxi Lu'an Environmental Energy Development Co's current Cyclically Adjusted PB Ratio is 1.44, which is near median its own 10-year median of 1.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanxi Lu'an Environmental Energy Development Co stock overvalued right now?
Based on GuruFocus' analysis, Shanxi Lu'an Environmental Energy Development Co (SHSE:601699) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥12.37, compared to a current price of ¥16.85 — trading 36.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.44, which is near median its 10-year median of 1.49 and 19% above the Other Energy Sources industry median of 1.21. Shanxi Lu'an Environmental Energy Development Co's overall GF Score™ is 76/100 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 Shanxi Lu'an Environmental Energy Development Co (SHSE:601699), the current Cyclically Adjusted PB Ratio is 1.44 as of Aug. 24, 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 Shanxi Lu'an Environmental Energy Development Co (SHSE:601699) Overvalued in 2026?

Based on GuruFocus' analysis, Shanxi Lu'an Environmental Energy Development Co stock appears to be overvalued. The current stock price of ¥16.85 is trading 36.2% above its estimated GF Value™ of ¥12.37. GuruFocus considers Shanxi Lu'an Environmental Energy Development Co to be Significantly Overvalued.

Key valuation signals for SHSE:601699:

  • Cyclically Adjusted PB Ratio: 1.44 (near median its 10-year median of 1.49)
  • GF Value™: ¥12.37 vs. price of ¥16.85 (36.2% above fair value)
  • GF Score™: 76/100 with 7 warning signs
  • Industry Position: 19% above the Other Energy Sources median (#75 of 131)

No single metric tells the full story. See the SHSE:601699 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanxi Lu'an Environmental Energy Development Co Business Description

Address No. 65, Chengbei East Street, Houbao Town, Xiangyuan County, Shanxi Province, Changzhi, CHN, 046204
Shanxi Lu'an Environmental Energy Development Co Ltd is a Chinese company engaged in the mining, processing, and distribution of coal. The company is engaged in the production and sale of coal and coke products. The company mainly conducts business in the domestic market.
76GF Score

Get the complete analysis for SHSE:601699

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

¥16.85
Price
¥12.37
GF Value