Zhejiang Goldensea Hi-Tech Co (SHSE:603311) Cyclically Adjusted PB Ratio: 5.39 (As of Sep. 16, 2026) — 100% Above Median

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SHSE:603311 Zhejiang Goldensea Hi-Tech Co Ltd SHSE:603311
56 GF Score
Price ¥24.81
GF Value ¥10.85
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Zhejiang Goldensea Hi-Tech Co Cyclically Adjusted PB Ratio?

Zhejiang Goldensea Hi-Tech Co SHSE:603311 +1.72% 56 Cyclically Adjusted PB Ratio is 5.39 as of Sep. 16, 2026, which is 100% above its 10-year median of 2.70. GuruFocus rates SHSE:603311 with a GF Score™ of 56/100 and a GF Value™ of ¥10.85 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,099 Industrial Products companies, Zhejiang Goldensea Hi-Tech Co ranks worse than 81.75% on this metric.

As of today (2026-09-16), Zhejiang Goldensea Hi-Tech Co's current share price is ¥24.81. Zhejiang Goldensea Hi-Tech Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ¥4.60. Zhejiang Goldensea Hi-Tech Co's Cyclically Adjusted PB Ratio for today is 5.39.

The historical rank and industry rank for Zhejiang Goldensea Hi-Tech Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:603311' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.82   Med: 2.7   Max: 9.05
Current: 5.54

During the past years, Zhejiang Goldensea Hi-Tech Co's highest Cyclically Adjusted PB Ratio was 9.05. The lowest was 1.82. And the median was 2.70.

SHSE:603311's Cyclically Adjusted PB Ratio is ranked worse than
81.75% of 2099 companies
in the Industrial Products industry
Industry Median: 2.08 vs SHSE:603311: 5.54

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 Goldensea Hi-Tech Co's adjusted book value per share data for the three months ended in Jun. 2026 was ¥5.655. 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 ¥4.60 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zhejiang Goldensea Hi-Tech Co  (SHSE:603311) 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 Goldensea Hi-Tech Co Cyclically Adjusted PB Ratio Related Terms


Zhejiang Goldensea Hi-Tech Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Zhejiang Goldensea Hi-Tech 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 Goldensea Hi-Tech Co Cyclically Adjusted PB Ratio Chart

Zhejiang Goldensea Hi-Tech 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 4.62 3.45 2.64 2.31 3.33

Zhejiang Goldensea Hi-Tech 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 2.55 2.56 3.41 3.60 7.96

SHSE:603311 vs VLTO, ZWS, CECO: Cyclically Adjusted PB Ratio Comparison

For the Pollution & Treatment Controls subindustry, Zhejiang Goldensea Hi-Tech 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 Goldensea Hi-Tech Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang Goldensea Hi-Tech Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Zhejiang Goldensea Hi-Tech Co's Cyclically Adjusted PB Ratio falls into.


SHSE:603311
56GF Score
Zhejiang Goldensea Hi-Tech Co Ltd SHSE:603311
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zhejiang Goldensea Hi-Tech 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 Goldensea Hi-Tech Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=24.81/4.604
=5.39

* 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 Goldensea Hi-Tech Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Zhejiang Goldensea Hi-Tech 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)
=5.655/116.0564*116.0564
=5.655

Current CPI (Jun. 2026) = 116.0564.

Zhejiang Goldensea Hi-Tech Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 3.256 102.400 3.690
201612 3.307 102.600 3.741
201703 3.433 103.200 3.861
201706 3.455 103.100 3.889
201709 3.349 104.100 3.734
201712 3.418 104.500 3.796
201803 3.521 105.300 3.881
201806 3.472 104.900 3.841
201809 3.579 106.600 3.896
201812 3.588 106.500 3.910
201903 3.699 107.700 3.986
201906 3.730 107.700 4.019
201909 3.842 109.800 4.061
201912 3.908 111.200 4.079
202003 4.009 112.300 4.143
202006 4.021 110.400 4.227
202009 4.023 111.700 4.180
202012 4.107 111.500 4.275
202103 4.220 112.662 4.347
202106 4.087 111.769 4.244
202109 4.085 112.215 4.225
202112 4.071 113.108 4.177
202203 4.174 114.335 4.237
202206 4.202 114.558 4.257
202209 4.375 115.339 4.402
202212 5.188 115.116 5.230
202303 5.288 115.116 5.331
202306 5.269 114.558 5.338
202309 5.239 115.339 5.272
202312 5.313 114.781 5.372
202403 5.329 115.227 5.367
202406 5.306 114.781 5.365
202409 5.496 115.785 5.509
202412 5.543 114.893 5.599
202503 5.764 115.116 5.811
202506 5.772 114.907 5.830
202509 5.826 115.471 5.856
202512 5.748 115.832 5.759
202603 5.799 116.303 5.787
202606 5.655 116.056 5.655

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 5.39 mean?
Zhejiang Goldensea Hi-Tech Co (SHSE:603311) has a Cyclically Adjusted PB Ratio of 5.39 as of Sep. 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 Zhejiang Goldensea Hi-Tech Co and its competitors. This is 100% above median its historical median of 2.70. Over the past decade, Zhejiang Goldensea Hi-Tech Co's Cyclically Adjusted PB Ratio has ranged from 1.82 to 9.05. According to the industry distribution chart, Zhejiang Goldensea Hi-Tech Co ranks #1716 out of 2099 companies in the Industrial Products industry, placing it in the top 81.8%.
Is Zhejiang Goldensea Hi-Tech Co's Cyclically Adjusted PB Ratio too high?
Zhejiang Goldensea Hi-Tech Co's current Cyclically Adjusted PB Ratio of 5.39 is 100% above median its 10-year median of 2.70. Over the past 10 years, this metric has ranged from a low of 1.82 to a high of 9.05. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.08. Zhejiang Goldensea Hi-Tech Co's value of 5.39 is 159.1% above this industry median. Based on the distribution chart, Zhejiang Goldensea Hi-Tech Co ranks #1716 out of 2099 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Zhejiang Goldensea Hi-Tech Co has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Goldensea Hi-Tech Co's Cyclically Adjusted PB Ratio compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Zhejiang Goldensea Hi-Tech Co ranks #1716 out of 2099 companies for Cyclically Adjusted PB Ratio. This places Zhejiang Goldensea Hi-Tech Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.08. Zhejiang Goldensea Hi-Tech Co's value of 5.39 is 159.1% above this benchmark. Historically, Zhejiang Goldensea Hi-Tech Co's own Cyclically Adjusted PB Ratio has ranged from 1.82 to 9.05 over the past decade. While the company's 10-year median is 2.70 vs. the industry median of 2.08, Zhejiang Goldensea Hi-Tech 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 2.08, based on 2,099 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 Goldensea Hi-Tech Co's current Cyclically Adjusted PB Ratio of 5.39 is 159.1% 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 Goldensea Hi-Tech Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Goldensea Hi-Tech Co's current Cyclically Adjusted PB Ratio is 5.39, which is 100% above median its own 10-year median of 2.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Goldensea Hi-Tech Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Goldensea Hi-Tech Co (SHSE:603311) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥10.85, compared to a current price of ¥24.81 — trading 128.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 5.39, which is 100% above median its 10-year median of 2.70 and 159.1% above the Industrial Products industry median of 2.08. Zhejiang Goldensea Hi-Tech Co's overall GF Score™ is 56/100 with 5 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 Goldensea Hi-Tech Co (SHSE:603311), the current Cyclically Adjusted PB Ratio is 5.39 as of Sep. 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 Zhejiang Goldensea Hi-Tech Co (SHSE:603311) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Goldensea Hi-Tech Co stock appears to be overvalued. The current stock price of ¥24.81 is trading 128.7% above its estimated GF Value™ of ¥10.85. GuruFocus considers Zhejiang Goldensea Hi-Tech Co to be Significantly Overvalued.

Key valuation signals for SHSE:603311:

  • Cyclically Adjusted PB Ratio: 5.39 (100% above median its 10-year median of 2.70)
  • GF Value™: ¥10.85 vs. price of ¥24.81 (128.7% above fair value)
  • GF Score™: 56/100 with 5 warning signs
  • Industry Position: 159.1% above the Industrial Products median (#1716 of 2099)

No single metric tells the full story. See the SHSE:603311 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhejiang Goldensea Hi-Tech Co Business Description

Address No. 899 fly Chau International Building, 16th Floor, Block A, Lingling Road, Xuhui District, Shanghai, CHN
Zhejiang Goldensea Hi-Tech Co Ltd is a manufacturer of environmental protection filtration materials. Its products are environmentally friendly filtration new materials, filter screens, air purification filters, air filters for cars/trains/aviation/ships, air total heat exchangers, vacuum cleaners/ventilation fan filters, crossflow/axial flow/centrifugal fans. It has established sales networks in Sichuan, Shandong, Jiangsu, and Korea, Hong Kong, the United States, Malaysia, Israel, the United Kingdom, Belgium, and the Czech Republic.
56GF Score

Get the complete analysis for SHSE:603311

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

¥24.81
Price
¥10.85
GF Value