Zhejiang Tenchen Controls Co (SHSE:603085) Cyclically Adjusted PB Ratio: 3.42 (As of Aug. 24, 2026) — Near Median

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SHSE:603085 Zhejiang Tenchen Controls Co Ltd SHSE:603085
60 GF Score
Price ¥9.78
GF Value ¥18.42
Valuation Possible Value Trap
! 2 Warning Signs
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What is Zhejiang Tenchen Controls Co Cyclically Adjusted PB Ratio?

Zhejiang Tenchen Controls Co SHSE:603085 -1.51% 60 Cyclically Adjusted PB Ratio is 3.42 as of Aug. 24, 2026, which is 8% below its 10-year median of 3.71. GuruFocus rates SHSE:603085 with a GF Score™ of 60/100 and a GF Value™ of ¥18.42 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 947 Vehicles & Parts companies, Zhejiang Tenchen Controls Co ranks worse than 81.84% on this metric.

As of today (2026-08-24), Zhejiang Tenchen Controls Co's current share price is ¥9.78. Zhejiang Tenchen Controls Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ¥2.86. Zhejiang Tenchen Controls Co's Cyclically Adjusted PB Ratio for today is 3.42.

The historical rank and industry rank for Zhejiang Tenchen Controls Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:603085' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.38   Med: 3.71   Max: 5.05
Current: 3.47

During the past years, Zhejiang Tenchen Controls Co's highest Cyclically Adjusted PB Ratio was 5.05. The lowest was 2.38. And the median was 3.71.

SHSE:603085's Cyclically Adjusted PB Ratio is ranked worse than
81.84% of 947 companies
in the Vehicles & Parts industry
Industry Median: 1.23 vs SHSE:603085: 3.47

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.

Zhejiang Tenchen Controls Co's adjusted book value per share data for the three months ended in Mar. 2026 was ¥2.436. 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 ¥2.86 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zhejiang Tenchen Controls Co  (SHSE:603085) 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.


Zhejiang Tenchen Controls Co Cyclically Adjusted PB Ratio Related Terms


Zhejiang Tenchen Controls Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Zhejiang Tenchen Controls 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.

Zhejiang Tenchen Controls Co Cyclically Adjusted PB Ratio Chart

Zhejiang Tenchen Controls 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 3.64 3.89 4.18

Zhejiang Tenchen Controls 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 3.91 4.13 3.74 4.18 3.77

SHSE:603085 vs ORLY, AZO: Cyclically Adjusted PB Ratio Comparison

For the Auto Parts subindustry, Zhejiang Tenchen Controls 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.


Zhejiang Tenchen Controls Co Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

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

* The bar in red indicates where Zhejiang Tenchen Controls Co's Cyclically Adjusted PB Ratio falls into.


SHSE:603085
60GF Score
Zhejiang Tenchen Controls Co Ltd SHSE:603085
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhejiang Tenchen Controls 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.

Zhejiang Tenchen Controls Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.78/2.86
=3.42

* 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.

Zhejiang Tenchen Controls Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Zhejiang Tenchen Controls 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)
=2.436/116.3033*116.3033
=2.436

Current CPI (Mar. 2026) = 116.3033.

Zhejiang Tenchen Controls Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.572 101.400 1.803
201609 3.138 102.400 3.564
201612 3.170 102.600 3.593
201703 3.195 103.200 3.601
201706 3.228 103.100 3.641
201709 3.301 104.100 3.688
201712 3.374 104.500 3.755
201803 3.413 105.300 3.770
201806 3.400 104.900 3.770
201809 3.427 106.600 3.739
201812 3.422 106.500 3.737
201903 3.517 107.700 3.798
201906 3.489 107.700 3.768
201909 3.468 109.800 3.673
201912 1.638 111.200 1.713
202003 2.467 112.300 2.555
202006 1.740 110.400 1.833
202009 2.709 111.700 2.821
202012 2.730 111.500 2.848
202103 2.788 112.662 2.878
202106 2.842 111.769 2.957
202109 2.865 112.215 2.969
202112 2.802 113.108 2.881
202203 2.837 114.335 2.886
202206 3.256 114.558 3.306
202209 3.049 115.339 3.074
202212 2.299 115.116 2.323
202303 2.300 115.116 2.324
202306 2.276 114.558 2.311
202309 2.269 115.339 2.288
202312 2.221 114.781 2.250
202403 2.245 115.227 2.266
202406 2.261 114.781 2.291
202409 2.261 115.785 2.271
202412 2.165 114.893 2.192
202503 2.192 115.116 2.215
202506 2.145 114.907 2.171
202509 2.245 115.471 2.261
202512 2.347 115.832 2.357
202603 2.436 116.303 2.436

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 3.42 mean?
Zhejiang Tenchen Controls Co (SHSE:603085) has a Cyclically Adjusted PB Ratio of 3.42 as of Aug. 24, 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 Zhejiang Tenchen Controls Co and its competitors. This is near median its historical median of 3.71. Over the past decade, Zhejiang Tenchen Controls Co's Cyclically Adjusted PB Ratio has ranged from 2.38 to 5.05. According to the industry distribution chart, Zhejiang Tenchen Controls Co ranks #775 out of 947 companies in the Vehicles & Parts industry, placing it in the top 81.8%.
Is Zhejiang Tenchen Controls Co's Cyclically Adjusted PB Ratio too high?
Zhejiang Tenchen Controls Co's current Cyclically Adjusted PB Ratio of 3.42 is near median its 10-year median of 3.71. Over the past 10 years, this metric has ranged from a low of 2.38 to a high of 5.05. The Vehicles & Parts industry median Cyclically Adjusted PB Ratio is 1.23. Zhejiang Tenchen Controls Co's value of 3.42 is 178% above this industry median. Based on the distribution chart, Zhejiang Tenchen Controls Co ranks #775 out of 947 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Zhejiang Tenchen Controls Co has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Tenchen Controls Co's Cyclically Adjusted PB Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Zhejiang Tenchen Controls Co ranks #775 out of 947 companies for Cyclically Adjusted PB Ratio. This places Zhejiang Tenchen Controls Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.23. Zhejiang Tenchen Controls Co's value of 3.42 is 178% above this benchmark. Historically, Zhejiang Tenchen Controls Co's own Cyclically Adjusted PB Ratio has ranged from 2.38 to 5.05 over the past decade. While the company's 10-year median is 3.71 vs. the industry median of 1.23, Zhejiang Tenchen Controls 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 1.23, based on 947 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. Zhejiang Tenchen Controls Co's current Cyclically Adjusted PB Ratio of 3.42 is 178% 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 Zhejiang Tenchen Controls Co and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PB Ratio is 1.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Tenchen Controls Co's current Cyclically Adjusted PB Ratio is 3.42, which is near median its own 10-year median of 3.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Tenchen Controls Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Tenchen Controls Co (SHSE:603085) is currently considered Possible Value Trap. The stock's GF Value™ is ¥18.42, compared to a current price of ¥9.78 — trading 46.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.42, which is near median its 10-year median of 3.71 and 178% above the Vehicles & Parts industry median of 1.23. Zhejiang Tenchen Controls Co's overall GF Score™ is 60/100 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 Zhejiang Tenchen Controls Co (SHSE:603085), the current Cyclically Adjusted PB Ratio is 3.42 as of Aug. 24, 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 Zhejiang Tenchen Controls Co (SHSE:603085) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Tenchen Controls Co stock appears to be undervalued. The current stock price of ¥9.78 is trading 46.9% below its estimated GF Value™ of ¥18.42. GuruFocus considers Zhejiang Tenchen Controls Co to be Possible Value Trap.

Key valuation signals for SHSE:603085:

  • Cyclically Adjusted PB Ratio: 3.42 (near median its 10-year median of 3.71)
  • GF Value™: ¥18.42 vs. price of ¥9.78 (46.9% below fair value)
  • GF Score™: 60/100 with 2 warning signs
  • Industry Position: 178% above the Vehicles & Parts median (#775 of 947)

No single metric tells the full story. See the SHSE:603085 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhejiang Tenchen Controls Co Business Description

Address West Industrial Zone, Tiantai County, Zhejiang Province, Taizhou, CHN, 317200
Zhejiang Tenchen Controls Co Ltd is engaged in the development, production, sales, and service of vehicle seats. The company's products include engineering machinery seats, commercial vehicle seats, agricultural machinery seats, and passenger car seats.
60GF Score

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

¥9.78
Price
¥18.42
GF Value