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SHSE:601965's Cyclically Adjusted PB Ratio is ranked worse than 70.97% of 968
companies
in the Vehicles & Parts industry
Industry Median: 1.27
vs SHSE:601965: 2.41
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 Automotive Engineering Research Institute Co's adjusted book value per share data for the three months ended in Mar. 2026 was ¥7.979. 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 ¥5.73 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
China Automotive Engineering Research Institute Co (SHSE:601965) 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 Automotive Engineering Research Institute Co Cyclically Adjusted PB Ratio Related Terms
China Automotive Engineering Research Institute Co Cyclically Adjusted PB Ratio Historical Data
* 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 Automotive Engineering Research Institute Co Cyclically Adjusted PB Ratio Chart
China Automotive Engineering Research Institute Co Annual Data
SHSE:601965 vs TSLA, GM, F: Cyclically Adjusted PB Ratio Comparison
For the Auto Manufacturers subindustry, China Automotive Engineering Research Institute 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.
China Automotive Engineering Research Institute Co Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry
China Automotive Engineering Research Institute 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.
* 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.
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 2.42 mean?
China Automotive Engineering Research Institute Co (SHSE:601965) has a Cyclically Adjusted PB Ratio of 2.42 as of Aug. 19, 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 Automotive Engineering Research Institute Co and its competitors. This is 32% below median its historical median of 3.57. Over the past decade, China Automotive Engineering Research Institute Co's Cyclically Adjusted PB Ratio has ranged from 2.04 to 5.31. According to the industry distribution chart, China Automotive Engineering Research Institute Co ranks #687 out of 968 companies in the Vehicles & Parts industry, placing it in the top 71%.
Is China Automotive Engineering Research Institute Co's Cyclically Adjusted PB Ratio too high?
China Automotive Engineering Research Institute Co's current Cyclically Adjusted PB Ratio of 2.42 is 32% below median its 10-year median of 3.57. Over the past 10 years, this metric has ranged from a low of 2.04 to a high of 5.31. The Vehicles & Parts industry median Cyclically Adjusted PB Ratio is 1.27. China Automotive Engineering Research Institute Co's value of 2.42 is 90.6% above this industry median. Based on the distribution chart, China Automotive Engineering Research Institute Co ranks #687 out of 968 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, China Automotive Engineering Research Institute Co has a GF Score™ of 79/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Automotive Engineering Research Institute Co's Cyclically Adjusted PB Ratio compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, China Automotive Engineering Research Institute Co ranks #687 out of 968 companies for Cyclically Adjusted PB Ratio. This places China Automotive Engineering Research Institute Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.27. China Automotive Engineering Research Institute Co's value of 2.42 is 90.6% above this benchmark. Historically, China Automotive Engineering Research Institute Co's own Cyclically Adjusted PB Ratio has ranged from 2.04 to 5.31 over the past decade. While the company's 10-year median is 3.57 vs. the industry median of 1.27, China Automotive Engineering Research Institute 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 Vehicles & Parts company?
The median Cyclically Adjusted PB Ratio among Vehicles & Parts companies is 1.27, based on 968 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 Automotive Engineering Research Institute Co's current Cyclically Adjusted PB Ratio of 2.42 is 90.6% 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 Automotive Engineering Research Institute Co and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Automotive Engineering Research Institute Co's current Cyclically Adjusted PB Ratio is 2.42, which is 32% below median its own 10-year median of 3.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Automotive Engineering Research Institute Co stock overvalued right now?
Based on GuruFocus' analysis, China Automotive Engineering Research Institute Co (SHSE:601965) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥20.88, compared to a current price of ¥13.89 — trading 33.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.42, which is 32% below median its 10-year median of 3.57 and 90.6% above the Vehicles & Parts industry median of 1.27. China Automotive Engineering Research Institute Co's overall GF Score™ is 79/100 with 4 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 Automotive Engineering Research Institute Co (SHSE:601965), the current Cyclically Adjusted PB Ratio is 2.42 as of Aug. 19, 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 Automotive Engineering Research Institute Co (SHSE:601965) Overvalued in 2026?
Based on GuruFocus' analysis, China Automotive Engineering Research Institute Co stock appears to be undervalued.
The current stock price of ¥13.89 is trading 33.5% below its estimated GF Value™ of ¥20.88.
GuruFocus considers China Automotive Engineering Research Institute Co to be Significantly Undervalued.
Key valuation signals for SHSE:601965:
Cyclically Adjusted PB Ratio: 2.42 (32% below median its 10-year median of 3.57)
GF Value™: ¥20.88 vs. price of ¥13.89 (33.5% below fair value)
Industry Position: 90.6% above the Vehicles & Parts median (#687 of 968)
No single metric tells the full story. See the SHSE:601965 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Automotive Engineering Research Institute Co Ltd is an automobile company based in China. It is mainly engaged in the technical service for automobile and manufacturing operations of automobile including the development of various products, the technical consulting, test and the quality inspection and authentication. In addition, the company is specialized in research and development, manufacturing and marketing of special vehicles, with main products involving 5 types and 200-odd models including engineering dump trucks, concrete mixers, sanitation vehicles, logistics transport vehicles and integration vehicles.
79GF Score
Get the complete analysis for SHSE:601965
Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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