YAPP Automotive Systems Co (SHSE:603013) Cyclically Adjusted PB Ratio: 2.06 (As of Sep. 08, 2026) — 38% Below Median

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SHSE:603013 YAPP Automotive Systems Co Ltd SHSE:603013
82 GF Score
Price ¥14.78
GF Value ¥18.68
Valuation Modestly Undervalued
! 1 Warning Sign
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What is YAPP Automotive Systems Co Cyclically Adjusted PB Ratio?

YAPP Automotive Systems Co SHSE:603013 -0.40% 82 Cyclically Adjusted PB Ratio is 2.06 as of Sep. 08, 2026, which is 38% below its 10-year median of 3.30. GuruFocus rates SHSE:603013 with a GF Score™ of 82/100 and a GF Value™ of ¥18.68 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 925 Vehicles & Parts companies, YAPP Automotive Systems Co ranks worse than 67.24% on this metric.

As of today (2026-09-08), YAPP Automotive Systems Co's current share price is ¥14.78. YAPP Automotive Systems Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ¥7.17. YAPP Automotive Systems Co's Cyclically Adjusted PB Ratio for today is 2.06.

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

SHSE:603013' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.07   Med: 3.3   Max: 4.28
Current: 2.07

During the past years, YAPP Automotive Systems Co's highest Cyclically Adjusted PB Ratio was 4.28. The lowest was 2.07. And the median was 3.30.

SHSE:603013's Cyclically Adjusted PB Ratio is ranked worse than
67.24% of 925 companies
in the Vehicles & Parts industry
Industry Median: 1.22 vs SHSE:603013: 2.07

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.

YAPP Automotive Systems Co's adjusted book value per share data for the three months ended in Jun. 2026 was ¥9.011. 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 ¥7.17 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


YAPP Automotive Systems Co  (SHSE:603013) 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.


YAPP Automotive Systems Co Cyclically Adjusted PB Ratio Related Terms


YAPP Automotive Systems Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for YAPP Automotive Systems 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.

YAPP Automotive Systems Co Cyclically Adjusted PB Ratio Chart

YAPP Automotive Systems 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 0.00 0.00 0.00 0.00 3.61

YAPP Automotive Systems Co 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 2.68 3.91 3.61 2.70 2.20

SHSE:603013 vs ORLY, AZO, GPC: Cyclically Adjusted PB Ratio Comparison

For the Auto Parts subindustry, YAPP Automotive Systems 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.


YAPP Automotive Systems Co Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, YAPP Automotive Systems Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where YAPP Automotive Systems Co's Cyclically Adjusted PB Ratio falls into.


SHSE:603013
82GF Score
YAPP Automotive Systems Co Ltd SHSE:603013
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

YAPP Automotive Systems 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.

YAPP Automotive Systems Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=14.78/7.17
=2.06

* 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.

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

For example, YAPP Automotive Systems Co'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)
=9.011/116.0564*116.0564
=9.011

Current CPI (Jun. 2026) = 116.0564.

YAPP Automotive Systems Co Quarterly Data

Book Value per Share CPI Adj_Book
201512 5.122 100.600 5.909
201612 4.251 102.600 4.809
201703 0.000 103.200 0.000
201706 0.000 103.100 0.000
201709 0.000 104.100 0.000
201712 4.692 104.500 5.211
201803 4.252 105.300 4.686
201806 5.657 104.900 6.259
201809 5.795 106.600 6.309
201812 5.950 106.500 6.484
201903 6.040 107.700 6.509
201906 5.910 107.700 6.369
201909 6.171 109.800 6.523
201912 6.359 111.200 6.637
202003 6.274 112.300 6.484
202006 6.082 110.400 6.394
202009 6.370 111.700 6.618
202012 6.641 111.500 6.912
202103 6.832 112.662 7.038
202106 6.522 111.769 6.772
202109 6.800 112.215 7.033
202112 6.831 113.108 7.009
202203 7.078 114.335 7.185
202206 6.804 114.558 6.893
202209 7.186 115.339 7.231
202212 7.350 115.116 7.410
202303 7.620 115.116 7.682
202306 7.510 114.558 7.608
202309 7.720 115.339 7.768
202312 7.832 114.781 7.919
202403 8.078 115.227 8.136
202406 7.905 114.781 7.993
202409 8.003 115.785 8.022
202412 8.202 114.893 8.285
202503 8.597 115.116 8.667
202506 8.638 114.907 8.724
202509 8.780 115.471 8.824
202512 8.804 115.832 8.821
202603 9.117 116.303 9.098
202606 9.011 116.056 9.011

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 2.06 mean?
YAPP Automotive Systems Co (SHSE:603013) has a Cyclically Adjusted PB Ratio of 2.06 as of Sep. 08, 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 YAPP Automotive Systems Co and its competitors. This is 38% below median its historical median of 3.30. Over the past decade, YAPP Automotive Systems Co's Cyclically Adjusted PB Ratio has ranged from 2.07 to 4.28. According to the industry distribution chart, YAPP Automotive Systems Co ranks #622 out of 925 companies in the Vehicles & Parts industry, placing it in the top 67.2%.
Is YAPP Automotive Systems Co's Cyclically Adjusted PB Ratio too high?
YAPP Automotive Systems Co's current Cyclically Adjusted PB Ratio of 2.06 is 38% below median its 10-year median of 3.30. Over the past 10 years, this metric has ranged from a low of 2.07 to a high of 4.28. The Vehicles & Parts industry median Cyclically Adjusted PB Ratio is 1.22. YAPP Automotive Systems Co's value of 2.06 is 68.9% above this industry median. Based on the distribution chart, YAPP Automotive Systems Co ranks #622 out of 925 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, YAPP Automotive Systems Co has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does YAPP Automotive Systems Co's Cyclically Adjusted PB Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, YAPP Automotive Systems Co ranks #622 out of 925 companies for Cyclically Adjusted PB Ratio. This places YAPP Automotive Systems Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.22. YAPP Automotive Systems Co's value of 2.06 is 68.9% above this benchmark. Historically, YAPP Automotive Systems Co's own Cyclically Adjusted PB Ratio has ranged from 2.07 to 4.28 over the past decade. While the company's 10-year median is 3.30 vs. the industry median of 1.22, YAPP Automotive Systems 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 1.22, based on 925 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. YAPP Automotive Systems Co's current Cyclically Adjusted PB Ratio of 2.06 is 68.9% 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 YAPP Automotive Systems Co and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PB Ratio is 1.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. YAPP Automotive Systems Co's current Cyclically Adjusted PB Ratio is 2.06, which is 38% below median its own 10-year median of 3.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is YAPP Automotive Systems Co stock overvalued right now?
Based on GuruFocus' analysis, YAPP Automotive Systems Co (SHSE:603013) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥18.68, compared to a current price of ¥14.78 — trading 20.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.06, which is 38% below median its 10-year median of 3.30 and 68.9% above the Vehicles & Parts industry median of 1.22. YAPP Automotive Systems Co's overall GF Score™ is 82/100 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 YAPP Automotive Systems Co (SHSE:603013), the current Cyclically Adjusted PB Ratio is 2.06 as of Sep. 08, 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 YAPP Automotive Systems Co (SHSE:603013) Overvalued in 2026?

Based on GuruFocus' analysis, YAPP Automotive Systems Co stock appears to be undervalued. The current stock price of ¥14.78 is trading 20.9% below its estimated GF Value™ of ¥18.68. GuruFocus considers YAPP Automotive Systems Co to be Modestly Undervalued.

Key valuation signals for SHSE:603013:

  • Cyclically Adjusted PB Ratio: 2.06 (38% below median its 10-year median of 3.30)
  • GF Value™: ¥18.68 vs. price of ¥14.78 (20.9% below fair value)
  • GF Score™: 82/100 with 1 warning sign
  • Industry Position: 68.9% above the Vehicles & Parts median (#622 of 925)

No single metric tells the full story. See the SHSE:603013 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


YAPP Automotive Systems Co Business Description

Address No. 508 Yangzijiang South Road, Jiangsu, Yangzhou, CHN, 225009
YAPP Automotive Systems Co Ltd is engaged in Research & Development, manufacturing and marketing of automotive fuel systems, and the main products are plastic fuel tanks and filler pipe.
82GF Score

Get the complete analysis for SHSE:603013

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

¥14.78
Price
¥18.68
GF Value