Anhui Anfu Battery Technology Co (SHSE:603031) Cyclically Adjusted PB Ratio: 6.07 (As of Sep. 15, 2026) — 17% Below Median

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SHSE:603031 Anhui Anfu Battery Technology Co Ltd SHSE:603031
71 GF Score
Price ¥42.86
GF Value ¥16.58
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Anhui Anfu Battery Technology Co Cyclically Adjusted PB Ratio?

Anhui Anfu Battery Technology Co SHSE:603031 +1.18% 71 Cyclically Adjusted PB Ratio is 6.07 as of Sep. 15, 2026, which is 17% below its 10-year median of 7.35. GuruFocus rates SHSE:603031 with a GF Score™ of 71/100 and a GF Value™ of ¥16.58 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,099 Industrial Products companies, Anhui Anfu Battery Technology Co ranks worse than 93.76% on this metric.

As of today (2026-09-15), Anhui Anfu Battery Technology Co's current share price is ¥42.86. Anhui Anfu Battery Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ¥7.07. Anhui Anfu Battery Technology Co's Cyclically Adjusted PB Ratio for today is 6.07.

The historical rank and industry rank for Anhui Anfu Battery Technology Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:603031' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.3   Med: 7.35   Max: 16.47
Current: 10.75

During the past years, Anhui Anfu Battery Technology Co's highest Cyclically Adjusted PB Ratio was 16.47. The lowest was 5.30. And the median was 7.35.

SHSE:603031's Cyclically Adjusted PB Ratio is ranked worse than
93.76% of 2099 companies
in the Industrial Products industry
Industry Median: 2.08 vs SHSE:603031: 10.75

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.

Anhui Anfu Battery Technology Co's adjusted book value per share data for the three months ended in Jun. 2026 was ¥9.584. 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 ¥7.07 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Anhui Anfu Battery Technology Co  (SHSE:603031) 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.


Anhui Anfu Battery Technology Co Cyclically Adjusted PB Ratio Related Terms


Anhui Anfu Battery Technology Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Anhui Anfu Battery Technology 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.

Anhui Anfu Battery Technology Co Cyclically Adjusted PB Ratio Chart

Anhui Anfu Battery Technology 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 6.27 4.86 3.40 4.63

Anhui Anfu Battery Technology 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 3.51 5.06 4.50 4.63 7.54

SHSE:603031 vs VRT, BE: Cyclically Adjusted PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, Anhui Anfu Battery Technology 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.


Anhui Anfu Battery Technology Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Anhui Anfu Battery Technology Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Anhui Anfu Battery Technology Co's Cyclically Adjusted PB Ratio falls into.


SHSE:603031
71GF Score
Anhui Anfu Battery Technology Co Ltd SHSE:603031
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Anhui Anfu Battery Technology 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.

Anhui Anfu Battery Technology Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=42.86/7.065
=6.07

* 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.

Anhui Anfu Battery Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Anhui Anfu Battery Technology 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)
=9.584/116.0564*116.0564
=9.584

Current CPI (Jun. 2026) = 116.0564.

Anhui Anfu Battery Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 2.421 102.400 2.744
201612 2.483 102.600 2.809
201703 2.516 103.200 2.829
201706 2.504 103.100 2.819
201709 2.526 104.100 2.816
201712 2.589 104.500 2.875
201803 2.613 105.300 2.880
201806 2.586 104.900 2.861
201809 2.576 106.600 2.805
201812 2.563 106.500 2.793
201903 2.588 107.700 2.789
201906 2.611 107.700 2.814
201909 2.609 109.800 2.758
201912 2.632 111.200 2.747
202003 2.687 112.300 2.777
202006 2.670 110.400 2.807
202009 2.649 111.700 2.752
202012 2.604 111.500 2.710
202103 2.609 112.662 2.688
202106 2.580 111.769 2.679
202109 2.531 112.215 2.618
202112 5.146 113.108 5.280
202203 13.364 114.335 13.565
202206 12.006 114.558 12.163
202209 12.542 115.339 12.620
202212 12.014 115.116 12.112
202303 13.093 115.116 13.200
202306 12.417 114.558 12.579
202309 13.315 115.339 13.398
202312 13.037 114.781 13.182
202403 12.437 115.227 12.527
202406 12.127 114.781 12.262
202409 12.918 115.785 12.948
202412 12.380 114.893 12.505
202503 13.387 115.116 13.496
202506 12.777 114.907 12.905
202509 11.124 115.471 11.180
202512 9.077 115.832 9.095
202603 9.659 116.303 9.638
202606 9.584 116.056 9.584

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 6.07 mean?
Anhui Anfu Battery Technology Co (SHSE:603031) has a Cyclically Adjusted PB Ratio of 6.07 as of Sep. 15, 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 Anhui Anfu Battery Technology Co and its competitors. This is 17% below median its historical median of 7.35. Over the past decade, Anhui Anfu Battery Technology Co's Cyclically Adjusted PB Ratio has ranged from 5.30 to 16.47. According to the industry distribution chart, Anhui Anfu Battery Technology Co ranks #1968 out of 2099 companies in the Industrial Products industry, placing it in the top 93.8%.
Is Anhui Anfu Battery Technology Co's Cyclically Adjusted PB Ratio too high?
Anhui Anfu Battery Technology Co's current Cyclically Adjusted PB Ratio of 6.07 is 17% below median its 10-year median of 7.35. Over the past 10 years, this metric has ranged from a low of 5.30 to a high of 16.47. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.08. Anhui Anfu Battery Technology Co's value of 6.07 is 191.8% above this industry median. Based on the distribution chart, Anhui Anfu Battery Technology Co ranks #1968 out of 2099 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Anhui Anfu Battery Technology Co has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Anhui Anfu Battery Technology Co's Cyclically Adjusted PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Anhui Anfu Battery Technology Co ranks #1968 out of 2099 companies for Cyclically Adjusted PB Ratio. This places Anhui Anfu Battery Technology Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.08. Anhui Anfu Battery Technology Co's value of 6.07 is 191.8% above this benchmark. Historically, Anhui Anfu Battery Technology Co's own Cyclically Adjusted PB Ratio has ranged from 5.30 to 16.47 over the past decade. While the company's 10-year median is 7.35 vs. the industry median of 2.08, Anhui Anfu Battery Technology 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 Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.08, based on 2,099 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. Anhui Anfu Battery Technology Co's current Cyclically Adjusted PB Ratio of 6.07 is 191.8% 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 Anhui Anfu Battery Technology Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Anhui Anfu Battery Technology Co's current Cyclically Adjusted PB Ratio is 6.07, which is 17% below median its own 10-year median of 7.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anhui Anfu Battery Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Anhui Anfu Battery Technology Co (SHSE:603031) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥16.58, compared to a current price of ¥42.86 — trading 158.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 6.07, which is 17% below median its 10-year median of 7.35 and 191.8% above the Industrial Products industry median of 2.08. Anhui Anfu Battery Technology Co's overall GF Score™ is 71/100 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 Anhui Anfu Battery Technology Co (SHSE:603031), the current Cyclically Adjusted PB Ratio is 6.07 as of Sep. 15, 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 Anhui Anfu Battery Technology Co (SHSE:603031) Overvalued in 2026?

Based on GuruFocus' analysis, Anhui Anfu Battery Technology Co stock appears to be overvalued. The current stock price of ¥42.86 is trading 158.5% above its estimated GF Value™ of ¥16.58. GuruFocus considers Anhui Anfu Battery Technology Co to be Significantly Overvalued.

Key valuation signals for SHSE:603031:

  • Cyclically Adjusted PB Ratio: 6.07 (17% below median its 10-year median of 7.35)
  • GF Value™: ¥16.58 vs. price of ¥42.86 (158.5% above fair value)
  • GF Score™: 71/100 with 2 warning signs
  • Industry Position: 191.8% above the Industrial Products median (#1968 of 2099)

No single metric tells the full story. See the SHSE:603031 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Anhui Anfu Battery Technology Co Business Description

Address No. 888 Qianshan Road, Room 1801, Baili Center, Shushan District, Anhui Province, Hefei, CHN, 238000
Anhui Anfu Battery Technology Co Ltd is engaged in the research and development, production and sales of batteries.
71GF Score

Get the complete analysis for SHSE:603031

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

¥42.86
Price
¥16.58
GF Value