Fuda New Material Group Co (SHSE:603045) Cyclically Adjusted PB Ratio: 8.40 (As of Aug. 16, 2026) — 99% Above Median

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SHSE:603045 Fuda New Material Group Co Ltd SHSE:603045
69 GF Score
Price ¥53.59
GF Value ¥27.65
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Fuda New Material Group Co Cyclically Adjusted PB Ratio?

Fuda New Material Group Co SHSE:603045 -0.74% 69 Cyclically Adjusted PB Ratio is 8.40 as of Aug. 16, 2026, which is 99% above its 10-year median of 4.22. GuruFocus rates SHSE:603045 with a GF Score™ of 69/100 and a GF Value™ of ¥27.65 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,203 Industrial Products companies, Fuda New Material Group Co ranks worse than 89.47% on this metric.

As of today (2026-08-16), Fuda New Material Group Co's current share price is ¥53.59. Fuda New Material Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ¥6.38. Fuda New Material Group Co's Cyclically Adjusted PB Ratio for today is 8.40.

The historical rank and industry rank for Fuda New Material Group Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:603045' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.92   Med: 4.22   Max: 13.48
Current: 8.4

During the past years, Fuda New Material Group Co's highest Cyclically Adjusted PB Ratio was 13.48. The lowest was 2.92. And the median was 4.22.

SHSE:603045's Cyclically Adjusted PB Ratio is ranked worse than
89.47% of 2203 companies
in the Industrial Products industry
Industry Median: 2.18 vs SHSE:603045: 8.40

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.

Fuda New Material Group Co's adjusted book value per share data for the three months ended in Mar. 2026 was ¥9.250. 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 ¥6.38 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fuda New Material Group Co  (SHSE:603045) 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.


Fuda New Material Group Co Cyclically Adjusted PB Ratio Related Terms


Fuda New Material Group Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Fuda New Material Group 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.

Fuda New Material Group Co Cyclically Adjusted PB Ratio Chart

Fuda New Material Group 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 3.15

Fuda New Material Group Co 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 0.00 2.76 3.31 3.15 4.42

SHSE:603045 vs VRT, BE: Cyclically Adjusted PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, Fuda New Material Group 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.


Fuda New Material Group Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Fuda New Material Group Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Fuda New Material Group Co's Cyclically Adjusted PB Ratio falls into.


SHSE:603045
69GF Score
Fuda New Material Group Co Ltd SHSE:603045
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fuda New Material Group 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.

Fuda New Material Group Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=53.59/6.38
=8.40

* 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.

Fuda New Material Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Fuda New Material Group Co'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)
=9.25/116.3033*116.3033
=9.250

Current CPI (Mar. 2026) = 116.3033.

Fuda New Material Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201512 4.132 100.600 4.777
201606 4.186 101.400 4.801
201612 4.437 102.600 5.030
201703 0.000 103.200 0.000
201706 4.555 103.100 5.138
201709 4.716 104.100 5.269
201712 4.861 104.500 5.410
201803 3.685 105.300 4.070
201806 5.348 104.900 5.929
201809 5.433 106.600 5.928
201812 5.581 106.500 6.095
201903 5.692 107.700 6.147
201906 5.746 107.700 6.205
201909 5.830 109.800 6.175
201912 5.991 111.200 6.266
202003 5.831 112.300 6.039
202006 5.694 110.400 5.998
202009 5.869 111.700 6.111
202012 5.983 111.500 6.241
202103 6.037 112.662 6.232
202106 6.162 111.769 6.412
202109 6.210 112.215 6.436
202112 6.319 113.108 6.498
202203 6.347 114.335 6.456
202206 6.453 114.558 6.551
202209 6.393 115.339 6.446
202212 6.535 115.116 6.602
202303 6.694 115.116 6.763
202306 6.792 114.558 6.895
202309 6.844 115.339 6.901
202312 6.896 114.781 6.987
202403 6.946 115.227 7.011
202406 7.105 114.781 7.199
202409 7.142 115.785 7.174
202412 7.168 114.893 7.256
202503 7.124 115.116 7.198
202506 7.288 114.907 7.377
202509 7.522 115.471 7.576
202512 7.910 115.832 7.942
202603 9.250 116.303 9.250

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 8.40 mean?
Fuda New Material Group Co (SHSE:603045) has a Cyclically Adjusted PB Ratio of 8.40 as of Aug. 16, 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 Fuda New Material Group Co and its competitors. This is 99% above median its historical median of 4.22. Over the past decade, Fuda New Material Group Co's Cyclically Adjusted PB Ratio has ranged from 2.92 to 13.48. According to the industry distribution chart, Fuda New Material Group Co ranks #1971 out of 2203 companies in the Industrial Products industry, placing it in the top 89.5%.
Is Fuda New Material Group Co's Cyclically Adjusted PB Ratio too high?
Fuda New Material Group Co's current Cyclically Adjusted PB Ratio of 8.40 is 99% above median its 10-year median of 4.22. Over the past 10 years, this metric has ranged from a low of 2.92 to a high of 13.48. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.18. Fuda New Material Group Co's value of 8.40 is 285.3% above this industry median. Based on the distribution chart, Fuda New Material Group Co ranks #1971 out of 2203 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Fuda New Material Group Co has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fuda New Material Group Co's Cyclically Adjusted PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Fuda New Material Group Co ranks #1971 out of 2203 companies for Cyclically Adjusted PB Ratio. This places Fuda New Material Group Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.18. Fuda New Material Group Co's value of 8.40 is 285.3% above this benchmark. Historically, Fuda New Material Group Co's own Cyclically Adjusted PB Ratio has ranged from 2.92 to 13.48 over the past decade. While the company's 10-year median is 4.22 vs. the industry median of 2.18, Fuda New Material Group 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 2.18, based on 2,203 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. Fuda New Material Group Co's current Cyclically Adjusted PB Ratio of 8.40 is 285.3% 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 Fuda New Material Group Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fuda New Material Group Co's current Cyclically Adjusted PB Ratio is 8.40, which is 99% above median its own 10-year median of 4.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fuda New Material Group Co stock overvalued right now?
Based on GuruFocus' analysis, Fuda New Material Group Co (SHSE:603045) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥27.65, compared to a current price of ¥53.59 — trading 93.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 8.40, which is 99% above median its 10-year median of 4.22 and 285.3% above the Industrial Products industry median of 2.18. Fuda New Material Group Co's overall GF Score™ is 69/100 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 Fuda New Material Group Co (SHSE:603045), the current Cyclically Adjusted PB Ratio is 8.40 as of Aug. 16, 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 Fuda New Material Group Co (SHSE:603045) Overvalued in 2026?

Based on GuruFocus' analysis, Fuda New Material Group Co stock appears to be overvalued. The current stock price of ¥53.59 is trading 93.8% above its estimated GF Value™ of ¥27.65. GuruFocus considers Fuda New Material Group Co to be Significantly Overvalued.

Key valuation signals for SHSE:603045:

  • Cyclically Adjusted PB Ratio: 8.40 (99% above median its 10-year median of 4.22)
  • GF Value™: ¥27.65 vs. price of ¥53.59 (93.8% above fair value)
  • GF Score™: 69/100 with 4 warning signs
  • Industry Position: 285.3% above the Industrial Products median (#1971 of 2203)

No single metric tells the full story. See the SHSE:603045 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fuda New Material Group Co Business Description

Address No. 308, Binhai 5th Road, Wenzhou Economic and Technological Development Zone, Zhejiang Province, Wenzhou, CHN, 325025
Fuda New Material Group Co Ltd is engaged in the manufacturing of power electronic components; sales of power electronic components; manufacturing of electronic components; manufacturing of power transmission, distribution.
69GF Score

Get the complete analysis for SHSE:603045

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

¥53.59
Price
¥27.65
GF Value