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SHSE:603392's Cyclically Adjusted PB Ratio is ranked worse than 79.97% of 684
companies
in the Biotechnology industry
Industry Median: 1.615
vs SHSE:603392: 6.12
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.
Beijing Wantai Biological Pharmacy Enterprise Co's adjusted book value per share data of for the fiscal year that ended in Dec25 was ¥9.384. 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 ¥4.96 for the trailing ten years ended in Dec25.
Shiller PE for Stocks: The True Measure of Stock Valuation
Beijing Wantai Biological Pharmacy Enterprise Co (SHSE:603392) 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.
Beijing Wantai Biological Pharmacy Enterprise Co Cyclically Adjusted PB Ratio Related Terms
Beijing Wantai Biological Pharmacy Enterprise 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.
Beijing Wantai Biological Pharmacy Enterprise Co Cyclically Adjusted PB Ratio Chart
Beijing Wantai Biological Pharmacy Enterprise Co Annual Data
SHSE:603392 vs VRTX, REGN, MRNA: Cyclically Adjusted PB Ratio Comparison
For the Biotechnology subindustry, Beijing Wantai Biological Pharmacy Enterprise 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.
Beijing Wantai Biological Pharmacy Enterprise Co Cyclically Adjusted PB Ratio vs Biotechnology Industry
Beijing Wantai Biological Pharmacy Enterprise 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 5.58 mean?
Beijing Wantai Biological Pharmacy Enterprise Co (SHSE:603392) has a Cyclically Adjusted PB Ratio of 5.58 as of Sep. 05, 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 Beijing Wantai Biological Pharmacy Enterprise Co and its competitors. This is 67% below median its historical median of 16.98. Over the past decade, Beijing Wantai Biological Pharmacy Enterprise Co's Cyclically Adjusted PB Ratio has ranged from 6.12 to 44.41. According to the industry distribution chart, Beijing Wantai Biological Pharmacy Enterprise Co ranks #547 out of 684 companies in the Biotechnology industry, placing it in the top 80%.
Is Beijing Wantai Biological Pharmacy Enterprise Co's Cyclically Adjusted PB Ratio too high?
Beijing Wantai Biological Pharmacy Enterprise Co's current Cyclically Adjusted PB Ratio of 5.58 is 67% below median its 10-year median of 16.98. Over the past 10 years, this metric has ranged from a low of 6.12 to a high of 44.41. The Biotechnology industry median Cyclically Adjusted PB Ratio is 1.62. Beijing Wantai Biological Pharmacy Enterprise Co's value of 5.58 is 245.5% above this industry median. Based on the distribution chart, Beijing Wantai Biological Pharmacy Enterprise Co ranks #547 out of 684 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, Beijing Wantai Biological Pharmacy Enterprise Co has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Beijing Wantai Biological Pharmacy Enterprise Co's Cyclically Adjusted PB Ratio compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Beijing Wantai Biological Pharmacy Enterprise Co ranks #547 out of 684 companies for Cyclically Adjusted PB Ratio. This places Beijing Wantai Biological Pharmacy Enterprise Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.62. Beijing Wantai Biological Pharmacy Enterprise Co's value of 5.58 is 245.5% above this benchmark. Historically, Beijing Wantai Biological Pharmacy Enterprise Co's own Cyclically Adjusted PB Ratio has ranged from 6.12 to 44.41 over the past decade. While the company's 10-year median is 16.98 vs. the industry median of 1.62, Beijing Wantai Biological Pharmacy Enterprise 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 Biotechnology company?
The median Cyclically Adjusted PB Ratio among Biotechnology companies is 1.62, based on 684 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. Beijing Wantai Biological Pharmacy Enterprise Co's current Cyclically Adjusted PB Ratio of 5.58 is 245.5% 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 Beijing Wantai Biological Pharmacy Enterprise Co and its competitors. For the Biotechnology industry, the median Cyclically Adjusted PB Ratio is 1.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Beijing Wantai Biological Pharmacy Enterprise Co's current Cyclically Adjusted PB Ratio is 5.58, which is 67% below median its own 10-year median of 16.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beijing Wantai Biological Pharmacy Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Beijing Wantai Biological Pharmacy Enterprise Co (SHSE:603392) is currently considered Possible Value Trap. The stock's GF Value™ is ¥49.86, compared to a current price of ¥27.67 — trading 44.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 5.58, which is 67% below median its 10-year median of 16.98 and 245.5% above the Biotechnology industry median of 1.62. Beijing Wantai Biological Pharmacy Enterprise Co's overall GF Score™ is 50/100 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 Beijing Wantai Biological Pharmacy Enterprise Co (SHSE:603392), the current Cyclically Adjusted PB Ratio is 5.58 as of Sep. 05, 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 Beijing Wantai Biological Pharmacy Enterprise Co (SHSE:603392) Overvalued in 2026?
Based on GuruFocus' analysis, Beijing Wantai Biological Pharmacy Enterprise Co stock appears to be undervalued.
The current stock price of ¥27.67 is trading 44.5% below its estimated GF Value™ of ¥49.86.
GuruFocus considers Beijing Wantai Biological Pharmacy Enterprise Co to be Possible Value Trap.
Key valuation signals for SHSE:603392:
Cyclically Adjusted PB Ratio: 5.58 (67% below median its 10-year median of 16.98)
GF Value™: ¥49.86 vs. price of ¥27.67 (44.5% below fair value)
Industry Position: 245.5% above the Biotechnology median (#547 of 684)
No single metric tells the full story. See the SHSE:603392 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Beijing Wantai Biological Pharmacy Enterprise Co Ltd is engaged in research, development, production, and sales of in vitro diagnostic reagents, instruments, and vaccines. The company has two segments: Diagnostic and Vaccine. The Diagnostic segment develops and sells in vitro diagnostic reagents such as ELISA, colloidal gold, biochemical, and chemiluminescent kits, along with instruments including chemiluminescent analyzers, fluorescent analyzers, and nucleic acid purification systems. The Vaccine segment focuses on products like the hepatitis E vaccine, the bivalent HPV vaccine, and the nasal spray COVID-19 vaccine. It generates the majority of its revenue from the Diagnostic segment.
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Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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