CRRC (SHSE:601766) Cyclically Adjusted PB Ratio: 1.20 (As of Sep. 04, 2026) — 22% Below Median

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SHSE:601766 CRRC Corp Ltd SHSE:601766
75 GF Score
Price ¥6.25
GF Value ¥6.61
Valuation Fairly Valued
! 2 Warning Signs
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What is CRRC Cyclically Adjusted PB Ratio?

CRRC SHSE:601766 +1.30% 75 Cyclically Adjusted PB Ratio is 1.20 as of Sep. 04, 2026, which is 22% below its 10-year median of 1.53. GuruFocus rates SHSE:601766 with a GF Score™ of 75/100 and a GF Value™ of ¥6.61 (Fairly Valued). The stock has 2 warning signs investors should review. Among 698 Transportation companies, CRRC ranks better than 55.59% on this metric.

As of today (2026-09-04), CRRC's current share price is ¥6.25. CRRC's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ¥5.22. CRRC's Cyclically Adjusted PB Ratio for today is 1.20.

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

SHSE:601766' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.01   Med: 1.53   Max: 4.53
Current: 1.2

During the past years, CRRC's highest Cyclically Adjusted PB Ratio was 4.53. The lowest was 1.01. And the median was 1.53.

SHSE:601766's Cyclically Adjusted PB Ratio is ranked better than
55.59% of 698 companies
in the Transportation industry
Industry Median: 1.285 vs SHSE:601766: 1.20

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.

CRRC's adjusted book value per share data for the three months ended in Jun. 2026 was ¥6.149. 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 ¥5.22 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


CRRC  (SHSE:601766) 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.


CRRC Cyclically Adjusted PB Ratio Related Terms


CRRC Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for CRRC'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.

CRRC Cyclically Adjusted PB Ratio Chart

CRRC 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 1.46 1.14 1.12 1.72 1.34

CRRC 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 1.42 1.48 1.34 1.22 1.00

SHSE:601766 vs UNP, CSX, NSC: Cyclically Adjusted PB Ratio Comparison

For the Railroads subindustry, CRRC'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.


CRRC Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, CRRC's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


SHSE:601766
75GF Score
CRRC Corp Ltd SHSE:601766
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CRRC 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.

CRRC's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.25/5.22
=1.20

* 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.

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

For example, CRRC'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)
=6.149/116.0564*116.0564
=6.149

Current CPI (Jun. 2026) = 116.0564.

CRRC Quarterly Data

Book Value per Share CPI Adj_Book
201609 3.680 102.400 4.171
201612 3.843 102.600 4.347
201703 4.115 103.200 4.628
201706 3.988 103.100 4.489
201709 4.098 104.100 4.569
201712 4.243 104.500 4.712
201803 4.277 105.300 4.714
201806 4.216 104.900 4.664
201809 4.339 106.600 4.724
201812 4.476 106.500 4.878
201903 4.546 107.700 4.899
201906 4.493 107.700 4.842
201909 4.616 109.800 4.879
201912 4.735 111.200 4.942
202003 4.757 112.300 4.916
202006 4.716 110.400 4.958
202009 4.819 111.700 5.007
202012 4.984 111.500 5.188
202103 5.036 112.662 5.188
202106 4.943 111.769 5.133
202109 5.069 112.215 5.243
202112 5.177 113.108 5.312
202203 5.178 114.335 5.256
202206 5.094 114.558 5.161
202209 5.203 115.339 5.235
202212 5.402 115.116 5.446
202303 5.424 115.116 5.468
202306 5.335 114.558 5.405
202309 5.423 115.339 5.457
202312 5.609 114.781 5.671
202403 5.644 115.227 5.685
202406 5.589 114.781 5.651
202409 5.697 115.785 5.710
202412 5.882 114.893 5.942
202503 5.974 115.116 6.023
202506 5.921 114.907 5.980
202509 5.916 115.471 5.946
202512 5.997 115.832 6.009
202603 6.121 116.303 6.108
202606 6.149 116.056 6.149

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 1.20 mean?
CRRC (SHSE:601766) has a Cyclically Adjusted PB Ratio of 1.20 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 CRRC and its competitors. This is 22% below median its historical median of 1.53. Over the past decade, CRRC's Cyclically Adjusted PB Ratio has ranged from 1.01 to 4.53. According to the industry distribution chart, CRRC ranks #310 out of 698 companies in the Transportation industry, placing it in the top 44.4%.
Is CRRC's Cyclically Adjusted PB Ratio too high?
CRRC's current Cyclically Adjusted PB Ratio of 1.20 is 22% below median its 10-year median of 1.53. Over the past 10 years, this metric has ranged from a low of 1.01 to a high of 4.53. The Transportation industry median Cyclically Adjusted PB Ratio is 1.29. CRRC's value of 1.20 is 6.6% below this industry median. Based on the distribution chart, CRRC ranks #310 out of 698 companies in the Transportation industry, which is above the industry midpoint. Overall, CRRC has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CRRC's Cyclically Adjusted PB Ratio compare to UNP and CSX?
According to the Transportation industry distribution chart, CRRC ranks #310 out of 698 companies for Cyclically Adjusted PB Ratio. This puts CRRC in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.29. CRRC's value of 1.20 is 6.6% below this benchmark. Historically, CRRC's own Cyclically Adjusted PB Ratio has ranged from 1.01 to 4.53 over the past decade. While the company's 10-year median is 1.53 vs. the industry median of 1.29, CRRC 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 Transportation company?
The median Cyclically Adjusted PB Ratio among Transportation companies is 1.29, based on 698 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. CRRC's current Cyclically Adjusted PB Ratio of 1.20 is 6.6% 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 CRRC and its competitors. For the Transportation industry, the median Cyclically Adjusted PB Ratio is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CRRC's current Cyclically Adjusted PB Ratio is 1.20, which is 22% below median its own 10-year median of 1.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CRRC stock overvalued right now?
Based on GuruFocus' analysis, CRRC (SHSE:601766) is currently considered Fairly Valued. The stock's GF Value™ is ¥6.61, compared to a current price of ¥6.25 — trading 5.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.20, which is 22% below median its 10-year median of 1.53 and 6.6% below the Transportation industry median of 1.29. CRRC's overall GF Score™ is 75/100 with 2 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 CRRC (SHSE:601766), the current Cyclically Adjusted PB Ratio is 1.20 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 CRRC (SHSE:601766) Overvalued in 2026?

Based on GuruFocus' analysis, CRRC stock appears to be undervalued. The current stock price of ¥6.25 is trading 5.4% below its estimated GF Value™ of ¥6.61. GuruFocus considers CRRC to be Fairly Valued.

Key valuation signals for SHSE:601766:

  • Cyclically Adjusted PB Ratio: 1.20 (22% below median its 10-year median of 1.53)
  • GF Value™: ¥6.61 vs. price of ¥6.25 (5.4% below fair value)
  • GF Score™: 75/100 with 2 warning signs
  • Industry Position: 6.6% below the Transportation median (#310 of 698)

No single metric tells the full story. See the SHSE:601766 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CRRC Business Description

Other Exchanges 01766:Hong Kong
Address No. 16-5, Central West Fourth Ring Road, Haidian District, Beijing, CHN, 100036
CRRC Corp Ltd is engaged in research and development, design, manufacturing, refurbishment, sales, leasing and technical services of railway locomotives, MUs, urban rail transit vehicles, engineering machinery, various electromechanical equipment, electronic equipment and components, as well as electronic devices and environmental protection equipment; information consultation; industry investment and management; asset management; import and export business. Its business operations are spread across Mainland China which derives the highest revenue, and a few other countries.
75GF Score

Get the complete analysis for SHSE:601766

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

¥6.25
Price
¥6.61
GF Value