CTS International Logistics (SHSE:603128) Cyclically Adjusted PB Ratio: 1.43 (As of Sep. 06, 2026) — 51% Below Median

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SHSE:603128 CTS International Logistics Corp Ltd SHSE:603128
77 GF Score
Price ¥5.60
GF Value ¥6.91
Valuation Modestly Undervalued
! 7 Warning Signs
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What is CTS International Logistics Cyclically Adjusted PB Ratio?

CTS International Logistics SHSE:603128 +1.08% 77 Cyclically Adjusted PB Ratio is 1.43 as of Sep. 06, 2026, which is 51% below its 10-year median of 2.90. GuruFocus rates SHSE:603128 with a GF Score™ of 77/100 and a GF Value™ of ¥6.91 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 698 Transportation companies, CTS International Logistics ranks worse than 56.3% on this metric.

As of today (2026-09-06), CTS International Logistics's current share price is ¥5.60. CTS International Logistics's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ¥3.91. CTS International Logistics's Cyclically Adjusted PB Ratio for today is 1.43.

The historical rank and industry rank for CTS International Logistics's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:603128' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.32   Med: 2.9   Max: 6.79
Current: 1.43

During the past years, CTS International Logistics's highest Cyclically Adjusted PB Ratio was 6.79. The lowest was 1.32. And the median was 2.90.

SHSE:603128's Cyclically Adjusted PB Ratio is ranked worse than
56.3% of 698 companies
in the Transportation industry
Industry Median: 1.285 vs SHSE:603128: 1.43

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.

CTS International Logistics's adjusted book value per share data for the three months ended in Jun. 2026 was ¥4.913. 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 ¥3.91 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


CTS International Logistics  (SHSE:603128) 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.


CTS International Logistics Cyclically Adjusted PB Ratio Related Terms


CTS International Logistics Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for CTS International Logistics'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.

CTS International Logistics Cyclically Adjusted PB Ratio Chart

CTS International Logistics 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 5.40 3.80 2.37 1.87 1.62

CTS International Logistics 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 1.73 1.62 1.62 1.47 1.29

SHSE:603128 vs UPS, FDX, EXPD: Cyclically Adjusted PB Ratio Comparison

For the Integrated Freight & Logistics subindustry, CTS International Logistics'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.


CTS International Logistics Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, CTS International Logistics's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where CTS International Logistics's Cyclically Adjusted PB Ratio falls into.


SHSE:603128
77GF Score
CTS International Logistics Corp Ltd SHSE:603128
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CTS International Logistics 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.

CTS International Logistics's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.60/3.91
=1.43

* 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.

CTS International Logistics's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, CTS International Logistics'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)
=4.913/116.0564*116.0564
=4.913

Current CPI (Jun. 2026) = 116.0564.

CTS International Logistics Quarterly Data

Book Value per Share CPI Adj_Book
201609 2.704 102.400 3.065
201612 2.717 102.600 3.073
201703 2.760 103.200 3.104
201706 2.748 103.100 3.093
201709 2.790 104.100 3.110
201712 2.867 104.500 3.184
201803 2.915 105.300 3.213
201806 2.931 104.900 3.243
201809 2.997 106.600 3.263
201812 2.970 106.500 3.237
201903 2.973 107.700 3.204
201906 3.070 107.700 3.308
201909 3.058 109.800 3.232
201912 3.128 111.200 3.265
202003 3.175 112.300 3.281
202006 3.286 110.400 3.454
202009 3.392 111.700 3.524
202012 3.502 111.500 3.645
202103 3.645 112.662 3.755
202106 3.862 111.769 4.010
202109 3.770 112.215 3.899
202112 3.924 113.108 4.026
202203 4.109 114.335 4.171
202206 4.095 114.558 4.149
202209 4.305 115.339 4.332
202212 4.437 115.116 4.473
202303 4.601 115.116 4.639
202306 4.378 114.558 4.435
202309 4.530 115.339 4.558
202312 4.437 114.781 4.486
202403 4.599 115.227 4.632
202406 4.504 114.781 4.554
202409 4.628 115.785 4.639
202412 4.571 114.893 4.617
202503 4.661 115.116 4.699
202506 4.731 114.907 4.778
202509 4.630 115.471 4.653
202512 4.763 115.832 4.772
202603 4.822 116.303 4.812
202606 4.913 116.056 4.913

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 1.43 mean?
CTS International Logistics (SHSE:603128) has a Cyclically Adjusted PB Ratio of 1.43 as of Sep. 06, 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 CTS International Logistics and its competitors. This is 51% below median its historical median of 2.90. Over the past decade, CTS International Logistics' Cyclically Adjusted PB Ratio has ranged from 1.32 to 6.79. According to the industry distribution chart, CTS International Logistics ranks #393 out of 698 companies in the Transportation industry, placing it in the top 56.3%.
Is CTS International Logistics' Cyclically Adjusted PB Ratio too high?
CTS International Logistics' current Cyclically Adjusted PB Ratio of 1.43 is 51% below median its 10-year median of 2.90. Over the past 10 years, this metric has ranged from a low of 1.32 to a high of 6.79. The Transportation industry median Cyclically Adjusted PB Ratio is 1.29. CTS International Logistics' value of 1.43 is 11.3% above this industry median. Based on the distribution chart, CTS International Logistics ranks #393 out of 698 companies in the Transportation industry, which is below the industry midpoint. Overall, CTS International Logistics has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CTS International Logistics' Cyclically Adjusted PB Ratio compare to UPS and FDX?
According to the Transportation industry distribution chart, CTS International Logistics ranks #393 out of 698 companies for Cyclically Adjusted PB Ratio. This places CTS International Logistics in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.29. CTS International Logistics' value of 1.43 is 11.3% above this benchmark. Historically, CTS International Logistics' own Cyclically Adjusted PB Ratio has ranged from 1.32 to 6.79 over the past decade. While the company's 10-year median is 2.90 vs. the industry median of 1.29, CTS International Logistics 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 1.29, based on 698 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. CTS International Logistics's current Cyclically Adjusted PB Ratio of 1.43 is 11.3% 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 CTS International Logistics and its competitors. For the Transportation industry, the median Cyclically Adjusted PB Ratio is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CTS International Logistics's current Cyclically Adjusted PB Ratio is 1.43, which is 51% below median its own 10-year median of 2.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CTS International Logistics stock overvalued right now?
Based on GuruFocus' analysis, CTS International Logistics (SHSE:603128) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥6.91, compared to a current price of ¥5.60 — trading 19% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.43, which is 51% below median its 10-year median of 2.90 and 11.3% above the Transportation industry median of 1.29. CTS International Logistics' overall GF Score™ is 77/100 with 7 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 CTS International Logistics (SHSE:603128), the current Cyclically Adjusted PB Ratio is 1.43 as of Sep. 06, 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 CTS International Logistics (SHSE:603128) Overvalued in 2026?

Based on GuruFocus' analysis, CTS International Logistics stock appears to be undervalued. The current stock price of ¥5.60 is trading 19% below its estimated GF Value™ of ¥6.91. GuruFocus considers CTS International Logistics to be Modestly Undervalued.

Key valuation signals for SHSE:603128:

  • Cyclically Adjusted PB Ratio: 1.43 (51% below median its 10-year median of 2.90)
  • GF Value™: ¥6.91 vs. price of ¥5.60 (19% below fair value)
  • GF Score™: 77/100 with 7 warning signs
  • Industry Position: 11.3% above the Transportation median (#393 of 698)

No single metric tells the full story. See the SHSE:603128 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CTS International Logistics Business Description

Address No. 338 Nanjing West Road, 20th Floor, Tianan Center, Shanghai, CHN, 200003
CTS International Logistics Corp Ltd provide one-stop integrated logistics and supply chain trade services for cross-border businesses, with international freight forwarding as its core business.
77GF Score

Get the complete analysis for SHSE:603128

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

¥5.60
Price
¥6.91
GF Value