Nanjing Tanker (SHSE:601975) Cyclically Adjusted PB Ratio: 2.90 (As of Aug. 22, 2026) — Near Median

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SHSE:601975 Nanjing Tanker Corp SHSE:601975
86 GF Score
Price ¥3.97
GF Value ¥3.20
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Nanjing Tanker Cyclically Adjusted PB Ratio?

Nanjing Tanker SHSE:601975 +5.31% 86 Cyclically Adjusted PB Ratio is 2.90 as of Aug. 22, 2026, which is 1% above its 10-year median of 2.86. GuruFocus rates SHSE:601975 with a GF Score™ of 86/100 and a GF Value™ of ¥3.20 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 757 Oil & Gas companies, Nanjing Tanker ranks worse than 77.68% on this metric.

As of today (2026-08-22), Nanjing Tanker's current share price is ¥3.97. Nanjing Tanker's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ¥1.37. Nanjing Tanker's Cyclically Adjusted PB Ratio for today is 2.90.

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

SHSE:601975' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.63   Med: 2.86   Max: 8.42
Current: 2.9

During the past years, Nanjing Tanker's highest Cyclically Adjusted PB Ratio was 8.42. The lowest was 1.63. And the median was 2.86.

SHSE:601975's Cyclically Adjusted PB Ratio is ranked worse than
77.68% of 757 companies
in the Oil & Gas industry
Industry Median: 1.21 vs SHSE:601975: 2.90

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.

Nanjing Tanker's adjusted book value per share data for the three months ended in Mar. 2026 was ¥2.560. 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 ¥1.37 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nanjing Tanker  (SHSE:601975) 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.


Nanjing Tanker Cyclically Adjusted PB Ratio Related Terms


Nanjing Tanker Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nanjing Tanker'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.

Nanjing Tanker Cyclically Adjusted PB Ratio Chart

Nanjing Tanker 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 2.75 5.41 3.34 2.82 2.30

Nanjing Tanker 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 2.55 2.42 2.41 2.30 3.14

SHSE:601975 vs WMB, EPD, KMI: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas Midstream subindustry, Nanjing Tanker'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.


Nanjing Tanker Cyclically Adjusted PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Nanjing Tanker's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


SHSE:601975
86GF Score
Nanjing Tanker Corp SHSE:601975
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Nanjing Tanker 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.

Nanjing Tanker's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.97/1.37
=2.90

* 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.

Nanjing Tanker's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Nanjing Tanker'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)
=2.56/116.3033*116.3033
=2.560

Current CPI (Mar. 2026) = 116.3033.

Nanjing Tanker Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.535 101.400 0.614
201609 0.567 102.400 0.644
201612 0.596 102.600 0.676
201703 0.620 103.200 0.699
201706 0.634 103.100 0.715
201709 0.642 104.100 0.717
201712 0.665 104.500 0.740
201803 0.678 105.300 0.749
201806 0.710 104.900 0.787
201809 0.721 106.600 0.787
201812 0.750 106.500 0.819
201903 0.780 107.700 0.842
201906 0.819 107.700 0.884
201909 0.867 109.800 0.918
201912 0.930 111.200 0.973
202003 1.092 112.300 1.131
202006 1.146 110.400 1.207
202009 1.175 111.700 1.223
202012 1.157 111.500 1.207
202103 1.201 112.662 1.240
202106 1.178 111.769 1.226
202109 1.188 112.215 1.231
202112 1.189 113.108 1.223
202203 1.211 114.335 1.232
202206 1.298 114.558 1.318
202209 1.433 115.339 1.445
202212 1.524 115.116 1.540
202303 1.603 115.116 1.620
202306 1.720 114.558 1.746
202309 1.791 115.339 1.806
202312 1.855 114.781 1.880
202403 1.986 115.227 2.005
202406 2.103 114.781 2.131
202409 2.182 115.785 2.192
202412 2.254 114.893 2.282
202503 2.314 115.116 2.338
202506 2.372 114.907 2.401
202509 2.452 115.471 2.470
202512 2.486 115.832 2.496
202603 2.560 116.303 2.560

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 2.90 mean?
Nanjing Tanker (SHSE:601975) has a Cyclically Adjusted PB Ratio of 2.90 as of Aug. 22, 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 Nanjing Tanker and its competitors. This is near median its historical median of 2.86. Over the past decade, Nanjing Tanker's Cyclically Adjusted PB Ratio has ranged from 1.63 to 8.42. According to the industry distribution chart, Nanjing Tanker ranks #588 out of 757 companies in the Oil & Gas industry, placing it in the top 77.7%.
Is Nanjing Tanker's Cyclically Adjusted PB Ratio too high?
Nanjing Tanker's current Cyclically Adjusted PB Ratio of 2.90 is near median its 10-year median of 2.86. Over the past 10 years, this metric has ranged from a low of 1.63 to a high of 8.42. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.21. Nanjing Tanker's value of 2.90 is 139.7% above this industry median. Based on the distribution chart, Nanjing Tanker ranks #588 out of 757 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Nanjing Tanker has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nanjing Tanker's Cyclically Adjusted PB Ratio compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, Nanjing Tanker ranks #588 out of 757 companies for Cyclically Adjusted PB Ratio. This places Nanjing Tanker in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.21. Nanjing Tanker's value of 2.90 is 139.7% above this benchmark. Historically, Nanjing Tanker's own Cyclically Adjusted PB Ratio has ranged from 1.63 to 8.42 over the past decade. While the company's 10-year median is 2.86 vs. the industry median of 1.21, Nanjing Tanker 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 Oil & Gas company?
The median Cyclically Adjusted PB Ratio among Oil & Gas companies is 1.21, based on 757 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. Nanjing Tanker's current Cyclically Adjusted PB Ratio of 2.90 is 139.7% 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 Nanjing Tanker and its competitors. For the Oil & Gas 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. Nanjing Tanker's current Cyclically Adjusted PB Ratio is 2.90, which is near median its own 10-year median of 2.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nanjing Tanker stock overvalued right now?
Based on GuruFocus' analysis, Nanjing Tanker (SHSE:601975) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥3.20, compared to a current price of ¥3.97 — trading 24.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.90, which is near median its 10-year median of 2.86 and 139.7% above the Oil & Gas industry median of 1.21. Nanjing Tanker's overall GF Score™ is 86/100 with 1 warning sign 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 Nanjing Tanker (SHSE:601975), the current Cyclically Adjusted PB Ratio is 2.90 as of Aug. 22, 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 Nanjing Tanker (SHSE:601975) Overvalued in 2026?

Based on GuruFocus' analysis, Nanjing Tanker stock appears to be overvalued. The current stock price of ¥3.97 is trading 24.1% above its estimated GF Value™ of ¥3.20. GuruFocus considers Nanjing Tanker to be Modestly Overvalued.

Key valuation signals for SHSE:601975:

  • Cyclically Adjusted PB Ratio: 2.90 (near median its 10-year median of 2.86)
  • GF Value™: ¥3.20 vs. price of ¥3.97 (24.1% above fair value)
  • GF Score™: 86/100 with 1 warning sign
  • Industry Position: 139.7% above the Oil & Gas median (#588 of 757)

No single metric tells the full story. See the SHSE:601975 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nanjing Tanker Business Description

Industry EnergyOil & Gas
Address No. 324 Zhongshan North Road, Youyun Building, Xiaguan District, Jiangsu, Nanjing, CHN, 210003
Nanjing Tanker Corp mainly engages in marine transportation in China. The company is also involved in ship construction and repairs, logistics and related support services.
86GF Score

Get the complete analysis for SHSE:601975

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

¥3.97
Price
¥3.20
GF Value