Jiangsu Seagull Cooling Tower Co (SHSE:603269) Cyclically Adjusted PB Ratio: 11.86 (As of Sep. 13, 2026) — 164% Above Median

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SHSE:603269 Jiangsu Seagull Cooling Tower Co Ltd SHSE:603269
68 GF Score
Price ¥24.20
GF Value ¥7.50
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Jiangsu Seagull Cooling Tower Co Cyclically Adjusted PB Ratio?

Jiangsu Seagull Cooling Tower Co SHSE:603269 -9.36% 68 Cyclically Adjusted PB Ratio is 11.86 as of Sep. 13, 2026, which is 164% above its 10-year median of 4.49. GuruFocus rates SHSE:603269 with a GF Score™ of 68/100 and a GF Value™ of ¥7.50 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,098 Industrial Products companies, Jiangsu Seagull Cooling Tower Co ranks worse than 95.47% on this metric.

As of today (2026-09-13), Jiangsu Seagull Cooling Tower Co's current share price is ¥24.20. Jiangsu Seagull Cooling Tower Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ¥2.04. Jiangsu Seagull Cooling Tower Co's Cyclically Adjusted PB Ratio for today is 11.86.

The historical rank and industry rank for Jiangsu Seagull Cooling Tower Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:603269' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.73   Med: 4.49   Max: 13.44
Current: 11.85

During the past years, Jiangsu Seagull Cooling Tower Co's highest Cyclically Adjusted PB Ratio was 13.44. The lowest was 2.73. And the median was 4.49.

SHSE:603269's Cyclically Adjusted PB Ratio is ranked worse than
95.47% of 2098 companies
in the Industrial Products industry
Industry Median: 2.14 vs SHSE:603269: 11.85

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.

Jiangsu Seagull Cooling Tower Co's adjusted book value per share data for the three months ended in Jun. 2026 was ¥2.340. 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 ¥2.04 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jiangsu Seagull Cooling Tower Co  (SHSE:603269) 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.


Jiangsu Seagull Cooling Tower Co Cyclically Adjusted PB Ratio Related Terms


Jiangsu Seagull Cooling Tower Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Jiangsu Seagull Cooling Tower 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.

Jiangsu Seagull Cooling Tower Co Cyclically Adjusted PB Ratio Chart

Jiangsu Seagull Cooling Tower 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 2.87 4.62

Jiangsu Seagull Cooling Tower 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 3.39 5.05 4.62 4.69 8.06

SHSE:603269 vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Jiangsu Seagull Cooling Tower 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.


Jiangsu Seagull Cooling Tower Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Jiangsu Seagull Cooling Tower Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Jiangsu Seagull Cooling Tower Co's Cyclically Adjusted PB Ratio falls into.


SHSE:603269
68GF Score
Jiangsu Seagull Cooling Tower Co Ltd SHSE:603269
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jiangsu Seagull Cooling Tower 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.

Jiangsu Seagull Cooling Tower Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=24.20/2.04
=11.86

* 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.

Jiangsu Seagull Cooling Tower Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Jiangsu Seagull Cooling Tower 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)
=2.34/116.0564*116.0564
=2.340

Current CPI (Jun. 2026) = 116.0564.

Jiangsu Seagull Cooling Tower Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.000 102.400 0.000
201612 1.473 102.600 1.666
201703 1.105 103.200 1.243
201706 1.560 103.100 1.756
201709 1.555 104.100 1.734
201712 1.624 104.500 1.804
201803 1.653 105.300 1.822
201806 1.621 104.900 1.793
201809 1.638 106.600 1.783
201812 1.680 106.500 1.831
201903 1.695 107.700 1.827
201906 1.685 107.700 1.816
201909 1.709 109.800 1.806
201912 1.783 111.200 1.861
202003 1.751 112.300 1.810
202006 1.728 110.400 1.817
202009 1.890 111.700 1.964
202012 1.984 111.500 2.065
202103 1.986 112.662 2.046
202106 1.972 111.769 2.048
202109 2.004 112.215 2.073
202112 2.044 113.108 2.097
202203 2.045 114.335 2.076
202206 2.035 114.558 2.062
202209 2.082 115.339 2.095
202212 2.174 115.116 2.192
202303 2.175 115.116 2.193
202306 2.163 114.558 2.191
202309 2.178 115.339 2.192
202312 2.310 114.781 2.336
202403 2.331 115.227 2.348
202406 2.256 114.781 2.281
202409 2.376 115.785 2.382
202412 2.410 114.893 2.434
202503 2.486 115.116 2.506
202506 2.403 114.907 2.427
202509 2.204 115.471 2.215
202512 2.360 115.832 2.365
202603 2.388 116.303 2.383
202606 2.340 116.056 2.340

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 11.86 mean?
Jiangsu Seagull Cooling Tower Co (SHSE:603269) has a Cyclically Adjusted PB Ratio of 11.86 as of Sep. 13, 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 Jiangsu Seagull Cooling Tower Co and its competitors. This is 164% above median its historical median of 4.49. Over the past decade, Jiangsu Seagull Cooling Tower Co's Cyclically Adjusted PB Ratio has ranged from 2.73 to 13.44. According to the industry distribution chart, Jiangsu Seagull Cooling Tower Co ranks #2003 out of 2098 companies in the Industrial Products industry, placing it in the top 95.5%.
Is Jiangsu Seagull Cooling Tower Co's Cyclically Adjusted PB Ratio too high?
Jiangsu Seagull Cooling Tower Co's current Cyclically Adjusted PB Ratio of 11.86 is 164% above median its 10-year median of 4.49. Over the past 10 years, this metric has ranged from a low of 2.73 to a high of 13.44. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.14. Jiangsu Seagull Cooling Tower Co's value of 11.86 is 454.2% above this industry median. Based on the distribution chart, Jiangsu Seagull Cooling Tower Co ranks #2003 out of 2098 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Jiangsu Seagull Cooling Tower Co has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu Seagull Cooling Tower Co's Cyclically Adjusted PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Jiangsu Seagull Cooling Tower Co ranks #2003 out of 2098 companies for Cyclically Adjusted PB Ratio. This places Jiangsu Seagull Cooling Tower Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.14. Jiangsu Seagull Cooling Tower Co's value of 11.86 is 454.2% above this benchmark. Historically, Jiangsu Seagull Cooling Tower Co's own Cyclically Adjusted PB Ratio has ranged from 2.73 to 13.44 over the past decade. While the company's 10-year median is 4.49 vs. the industry median of 2.14, Jiangsu Seagull Cooling Tower 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 2.14, based on 2,098 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. Jiangsu Seagull Cooling Tower Co's current Cyclically Adjusted PB Ratio of 11.86 is 454.2% 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 Jiangsu Seagull Cooling Tower Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangsu Seagull Cooling Tower Co's current Cyclically Adjusted PB Ratio is 11.86, which is 164% above median its own 10-year median of 4.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu Seagull Cooling Tower Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu Seagull Cooling Tower Co (SHSE:603269) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥7.50, compared to a current price of ¥24.20 — trading 222.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 11.86, which is 164% above median its 10-year median of 4.49 and 454.2% above the Industrial Products industry median of 2.14. Jiangsu Seagull Cooling Tower Co's overall GF Score™ is 68/100 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 Jiangsu Seagull Cooling Tower Co (SHSE:603269), the current Cyclically Adjusted PB Ratio is 11.86 as of Sep. 13, 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 Jiangsu Seagull Cooling Tower Co (SHSE:603269) Overvalued in 2026?

Based on GuruFocus' analysis, Jiangsu Seagull Cooling Tower Co stock appears to be overvalued. The current stock price of ¥24.20 is trading 222.7% above its estimated GF Value™ of ¥7.50. GuruFocus considers Jiangsu Seagull Cooling Tower Co to be Significantly Overvalued.

Key valuation signals for SHSE:603269:

  • Cyclically Adjusted PB Ratio: 11.86 (164% above median its 10-year median of 4.49)
  • GF Value™: ¥7.50 vs. price of ¥24.20 (222.7% above fair value)
  • GF Score™: 68/100 with 3 warning signs
  • Industry Position: 454.2% above the Industrial Products median (#2003 of 2098)

No single metric tells the full story. See the SHSE:603269 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jiangsu Seagull Cooling Tower Co Business Description

Address No.16,Xiangyun Road, Wujin Economic Development Zone, Jiangsu Province, Changhzou, CHN, 213149
Jiangsu Seagull Cooling Tower Co Ltd is mainly engaged in the research, development, design, manufacture and installation of industrial cooling towers in China. Its main products are mechanical ventilation cooling towers, including: conventional cooling towers (including steel Mixed-structure tower, FRP tower and steel tower), open-type environmentally-friendly and energy-saving cooling tower (including water-saving tower, anti-fog tower, and noise reduction tower).
68GF Score

Get the complete analysis for SHSE:603269

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

¥24.20
Price
¥7.50
GF Value