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Guangdong Songfa Ceramics CoSHSE:603268 +1.04%55 Cyclically Adjusted PB Ratio is 30.53 as of Jul. 29, 2026, which is 272% above its 10-year median of 8.21. GuruFocus rates SHSE:603268 with a GF Score™ of 55/100. The stock has 11 warning signs investors should review. Among 337 Furnishings, Fixtures & Appliances companies, Guangdong Songfa Ceramics Co ranks worse than 99.41% on this metric.
The historical rank and industry rank for Guangdong Songfa Ceramics Co's Cyclically Adjusted PB Ratio or its related term are showing as below:
SHSE:603268'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.74 Med: 8.21 Max: 32.72
Current: 31.16
During the past years, Guangdong Songfa Ceramics Co's highest Cyclically Adjusted PB Ratio was 32.72. The lowest was 2.74. And the median was 8.21.
SHSE:603268's Cyclically Adjusted PB Ratio is ranked worse than 99.41% of 337
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.2
vs SHSE:603268: 31.16
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.
Guangdong Songfa Ceramics Co's adjusted book value per share data for the three months ended in Mar. 2026 was ¥10.863. 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 ¥4.88 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Guangdong Songfa Ceramics Co (SHSE:603268) 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.
Guangdong Songfa Ceramics Co Cyclically Adjusted PB Ratio Related Terms
Guangdong Songfa Ceramics Co Cyclically Adjusted PB Ratio Historical Data
* 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.
Guangdong Songfa Ceramics Co Cyclically Adjusted PB Ratio Chart
SHSE:603268 vs SN, SGI, MHK: Cyclically Adjusted PB Ratio Comparison
For the Furnishings, Fixtures & Appliances subindustry, Guangdong Songfa Ceramics 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.
Guangdong Songfa Ceramics Co Cyclically Adjusted PB Ratio vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Guangdong Songfa Ceramics Co's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Guangdong Songfa Ceramics Co's Cyclically Adjusted PB Ratio falls into.
Guangdong Songfa Ceramics 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.
* 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.
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 30.53 mean?
Guangdong Songfa Ceramics Co (SHSE:603268) has a Cyclically Adjusted PB Ratio of 30.53 as of Jul. 29, 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 Guangdong Songfa Ceramics Co and its competitors. This is 272% above median its historical median of 8.21. Over the past decade, Guangdong Songfa Ceramics Co's Cyclically Adjusted PB Ratio has ranged from 2.74 to 32.72. According to the industry distribution chart, Guangdong Songfa Ceramics Co ranks #335 out of 337 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 99.4%.
Is Guangdong Songfa Ceramics Co's Cyclically Adjusted PB Ratio too high?
Guangdong Songfa Ceramics Co's current Cyclically Adjusted PB Ratio of 30.53 is 272% above median its 10-year median of 8.21. Over the past 10 years, this metric has ranged from a low of 2.74 to a high of 32.72. The Furnishings, Fixtures & Appliances industry median Cyclically Adjusted PB Ratio is 1.20. Guangdong Songfa Ceramics Co's value of 30.53 is 2444.2% above this industry median. Based on the distribution chart, Guangdong Songfa Ceramics Co ranks #335 out of 337 companies in the Furnishings, Fixtures & Appliances industry, which is in the bottom quartile relative to peers. Overall, Guangdong Songfa Ceramics Co has a GF Score™ of 55/100, reflecting its overall financial health beyond just this single metric.
How does Guangdong Songfa Ceramics Co's Cyclically Adjusted PB Ratio compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Guangdong Songfa Ceramics Co ranks #335 out of 337 companies for Cyclically Adjusted PB Ratio. This places Guangdong Songfa Ceramics Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.20. Guangdong Songfa Ceramics Co's value of 30.53 is 2444.2% above this benchmark. Historically, Guangdong Songfa Ceramics Co's own Cyclically Adjusted PB Ratio has ranged from 2.74 to 32.72 over the past decade. While the company's 10-year median is 8.21 vs. the industry median of 1.20, Guangdong Songfa Ceramics 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 Furnishings, Fixtures & Appliances company?
The median Cyclically Adjusted PB Ratio among Furnishings, Fixtures & Appliances companies is 1.20, based on 337 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. Guangdong Songfa Ceramics Co's current Cyclically Adjusted PB Ratio of 30.53 is 2444.2% 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 Guangdong Songfa Ceramics Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Cyclically Adjusted PB Ratio is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Guangdong Songfa Ceramics Co's current Cyclically Adjusted PB Ratio is 30.53, which is 272% above median its own 10-year median of 8.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guangdong Songfa Ceramics Co stock overvalued right now?
Guangdong Songfa Ceramics Co (SHSE:603268) has a current Cyclically Adjusted PB Ratio of 30.53. The current Cyclically Adjusted PB Ratio is 30.53, which is 272% above median its 10-year median of 8.21 and 2444.2% above the Furnishings, Fixtures & Appliances industry median of 1.20. Guangdong Songfa Ceramics Co's overall GF Score™ is 55/100 with 11 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 Guangdong Songfa Ceramics Co (SHSE:603268), the current Cyclically Adjusted PB Ratio is 30.53 as of Jul. 29, 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.
Guangdong Songfa Ceramics Co Ltd is engaged in research & development, design, production and sale of daily-use ceramics products. It produces household porcelain, custom porcelain hotel porcelain and other daily-use ceramic products and also products like cover tableware, tea sets, coffee utensils, display porcelain, art collection porcelain and stainless steel, crystal And household items such as glass.
55GF Score
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