Delixi New Energy Technology Co (SHSE:603032) Cyclically Adjusted PB Ratio: 5.18 (As of Sep. 08, 2026) — Near Median

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SHSE:603032 Delixi New Energy Technology Co Ltd SHSE:603032
81 GF Score
Price ¥19.11
GF Value ¥21.25
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Delixi New Energy Technology Co Cyclically Adjusted PB Ratio?

Delixi New Energy Technology Co SHSE:603032 -0.68% 81 Cyclically Adjusted PB Ratio is 5.18 as of Sep. 08, 2026, which is 1% below its 10-year median of 5.25. GuruFocus rates SHSE:603032 with a GF Score™ of 81/100 and a GF Value™ of ¥21.25 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 700 Transportation companies, Delixi New Energy Technology Co ranks worse than 92% on this metric.

As of today (2026-09-08), Delixi New Energy Technology Co's current share price is ¥19.11. Delixi New Energy Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ¥3.69. Delixi New Energy Technology Co's Cyclically Adjusted PB Ratio for today is 5.18.

The historical rank and industry rank for Delixi New Energy Technology Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:603032' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.7   Med: 5.25   Max: 7.48
Current: 5.21

During the past years, Delixi New Energy Technology Co's highest Cyclically Adjusted PB Ratio was 7.48. The lowest was 3.70. And the median was 5.25.

SHSE:603032's Cyclically Adjusted PB Ratio is ranked worse than
92% of 700 companies
in the Transportation industry
Industry Median: 1.28 vs SHSE:603032: 5.21

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.

Delixi New Energy Technology Co's adjusted book value per share data for the three months ended in Jun. 2026 was ¥5.091. 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 ¥3.69 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Delixi New Energy Technology Co  (SHSE:603032) 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.


Delixi New Energy Technology Co Cyclically Adjusted PB Ratio Related Terms


Delixi New Energy Technology Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Delixi New Energy 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.

Delixi New Energy Technology Co Cyclically Adjusted PB Ratio Chart

Delixi New Energy 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 0.00 0.00 4.24 5.38

Delixi New Energy 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 5.25 6.57 5.38 4.86 7.30

SHSE:603032 vs UNP, CSX, NSC: Cyclically Adjusted PB Ratio Comparison

For the Railroads subindustry, Delixi New Energy 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.


Delixi New Energy Technology Co Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Delixi New Energy Technology Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Delixi New Energy Technology Co's Cyclically Adjusted PB Ratio falls into.


SHSE:603032
81GF Score
Delixi New Energy Technology Co Ltd SHSE:603032
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Delixi New Energy 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.

Delixi New Energy Technology Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=19.11/3.69
=5.18

* 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.

Delixi New Energy Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Delixi New Energy 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)
=5.091/116.0564*116.0564
=5.091

Current CPI (Jun. 2026) = 116.0564.

Delixi New Energy Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 1.129 102.400 1.280
201612 1.881 102.600 2.128
201703 1.895 103.200 2.131
201706 1.935 103.100 2.178
201709 1.914 104.100 2.134
201712 1.938 104.500 2.152
201803 1.936 105.300 2.134
201806 1.910 104.900 2.113
201809 1.925 106.600 2.096
201812 3.056 106.500 3.330
201903 3.066 107.700 3.304
201906 3.034 107.700 3.269
201909 3.050 109.800 3.224
201912 3.043 111.200 3.176
202003 3.041 112.300 3.143
202006 3.055 110.400 3.212
202009 3.048 111.700 3.167
202012 3.006 111.500 3.129
202103 3.018 112.662 3.109
202106 3.109 111.769 3.228
202109 3.152 112.215 3.260
202112 3.282 113.108 3.368
202203 3.582 114.335 3.636
202206 3.814 114.558 3.864
202209 4.113 115.339 4.139
202212 4.447 115.116 4.483
202303 4.869 115.116 4.909
202306 5.197 114.558 5.265
202309 5.379 115.339 5.412
202312 5.178 114.781 5.236
202403 5.192 115.227 5.229
202406 5.355 114.781 5.415
202409 5.428 115.785 5.441
202412 4.685 114.893 4.732
202503 4.698 115.116 4.736
202506 4.798 114.907 4.846
202509 4.868 115.471 4.893
202512 4.893 115.832 4.902
202603 5.015 116.303 5.004
202606 5.091 116.056 5.091

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 5.18 mean?
Delixi New Energy Technology Co (SHSE:603032) has a Cyclically Adjusted PB Ratio of 5.18 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 Delixi New Energy Technology Co and its competitors. This is near median its historical median of 5.25. Over the past decade, Delixi New Energy Technology Co's Cyclically Adjusted PB Ratio has ranged from 3.70 to 7.48. According to the industry distribution chart, Delixi New Energy Technology Co ranks #644 out of 700 companies in the Transportation industry, placing it in the top 92%.
Is Delixi New Energy Technology Co's Cyclically Adjusted PB Ratio too high?
Delixi New Energy Technology Co's current Cyclically Adjusted PB Ratio of 5.18 is near median its 10-year median of 5.25. Over the past 10 years, this metric has ranged from a low of 3.70 to a high of 7.48. The Transportation industry median Cyclically Adjusted PB Ratio is 1.28. Delixi New Energy Technology Co's value of 5.18 is 304.7% above this industry median. Based on the distribution chart, Delixi New Energy Technology Co ranks #644 out of 700 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Delixi New Energy Technology Co has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Delixi New Energy Technology Co's Cyclically Adjusted PB Ratio compare to UNP and CSX?
According to the Transportation industry distribution chart, Delixi New Energy Technology Co ranks #644 out of 700 companies for Cyclically Adjusted PB Ratio. This places Delixi New Energy Technology Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.28. Delixi New Energy Technology Co's value of 5.18 is 304.7% above this benchmark. Historically, Delixi New Energy Technology Co's own Cyclically Adjusted PB Ratio has ranged from 3.70 to 7.48 over the past decade. While the company's 10-year median is 5.25 vs. the industry median of 1.28, Delixi New Energy 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 a Transportation company?
The median Cyclically Adjusted PB Ratio among Transportation companies is 1.28, based on 700 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. Delixi New Energy Technology Co's current Cyclically Adjusted PB Ratio of 5.18 is 304.7% 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 Delixi New Energy Technology Co and its competitors. For the Transportation industry, the median Cyclically Adjusted PB Ratio is 1.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Delixi New Energy Technology Co's current Cyclically Adjusted PB Ratio is 5.18, which is near median its own 10-year median of 5.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Delixi New Energy Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Delixi New Energy Technology Co (SHSE:603032) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥21.25, compared to a current price of ¥19.11 — trading 10.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 5.18, which is near median its 10-year median of 5.25 and 304.7% above the Transportation industry median of 1.28. Delixi New Energy Technology Co's overall GF Score™ is 81/100 with 3 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 Delixi New Energy Technology Co (SHSE:603032), the current Cyclically Adjusted PB Ratio is 5.18 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 Delixi New Energy Technology Co (SHSE:603032) Overvalued in 2026?

Based on GuruFocus' analysis, Delixi New Energy Technology Co stock appears to be undervalued. The current stock price of ¥19.11 is trading 10.1% below its estimated GF Value™ of ¥21.25. GuruFocus considers Delixi New Energy Technology Co to be Modestly Undervalued.

Key valuation signals for SHSE:603032:

  • Cyclically Adjusted PB Ratio: 5.18 (near median its 10-year median of 5.25)
  • GF Value™: ¥21.25 vs. price of ¥19.11 (10.1% below fair value)
  • GF Score™: 81/100 with 3 warning signs
  • Industry Position: 304.7% above the Transportation median (#644 of 700)

No single metric tells the full story. See the SHSE:603032 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Delixi New Energy Technology Co Business Description

Address No. 236, High-speed Railway North 5th Road, Economic and Technological Development Zone (Toutunhe District), Xinjiang Uygur Autonomous Region, Urumqi, CHN, 830000
Delixi New Energy Technology Co Ltd formerly Delixi Xinjiang Transportation Co Ltd is engaged in overland passenger transport business. Its services include overland passenger transport business and passenger bus station business.
81GF Score

Get the complete analysis for SHSE:603032

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

¥19.11
Price
¥21.25
GF Value