Xinjiang Xintai Natural Gas Co (SHSE:603393) Cyclically Adjusted PB Ratio: 1.50 (As of Sep. 15, 2026) — 49% Below Median

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SHSE:603393 Xinjiang Xintai Natural Gas Co Ltd SHSE:603393
79 GF Score
Price ¥25.58
GF Value ¥33.87
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Xinjiang Xintai Natural Gas Co Cyclically Adjusted PB Ratio?

Xinjiang Xintai Natural Gas Co SHSE:603393 -0.12% 79 Cyclically Adjusted PB Ratio is 1.50 as of Sep. 15, 2026, which is 49% below its 10-year median of 2.97. GuruFocus rates SHSE:603393 with a GF Score™ of 79/100 and a GF Value™ of ¥33.87 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 425 Utilities - Regulated companies, Xinjiang Xintai Natural Gas Co ranks worse than 72.71% on this metric.

As of today (2026-09-15), Xinjiang Xintai Natural Gas Co's current share price is ¥25.58. Xinjiang Xintai Natural Gas Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ¥17.02. Xinjiang Xintai Natural Gas Co's Cyclically Adjusted PB Ratio for today is 1.50.

The historical rank and industry rank for Xinjiang Xintai Natural Gas Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:603393' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.93   Med: 2.97   Max: 4.27
Current: 2.28

During the past years, Xinjiang Xintai Natural Gas Co's highest Cyclically Adjusted PB Ratio was 4.27. The lowest was 1.93. And the median was 2.97.

SHSE:603393's Cyclically Adjusted PB Ratio is ranked worse than
72.71% of 425 companies
in the Utilities - Regulated industry
Industry Median: 1.49 vs SHSE:603393: 2.28

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.

Xinjiang Xintai Natural Gas Co's adjusted book value per share data for the three months ended in Jun. 2026 was ¥27.362. 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 ¥17.02 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Xinjiang Xintai Natural Gas Co  (SHSE:603393) 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.


Xinjiang Xintai Natural Gas Co Cyclically Adjusted PB Ratio Related Terms


Xinjiang Xintai Natural Gas Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Xinjiang Xintai Natural Gas 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.

Xinjiang Xintai Natural Gas Co Cyclically Adjusted PB Ratio Chart

Xinjiang Xintai Natural Gas 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 2.12 2.56 2.12 1.58

Xinjiang Xintai Natural Gas 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 2.03 1.96 1.65 2.19 1.26

SHSE:603393 vs ATO, NI: Cyclically Adjusted PB Ratio Comparison

For the Utilities - Regulated Gas subindustry, Xinjiang Xintai Natural Gas 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.


Xinjiang Xintai Natural Gas Co Cyclically Adjusted PB Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Xinjiang Xintai Natural Gas Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Xinjiang Xintai Natural Gas Co's Cyclically Adjusted PB Ratio falls into.


SHSE:603393
79GF Score
Xinjiang Xintai Natural Gas Co Ltd SHSE:603393
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Xinjiang Xintai Natural Gas 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.

Xinjiang Xintai Natural Gas Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=25.58/17.024
=1.50

* 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.

Xinjiang Xintai Natural Gas Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Xinjiang Xintai Natural Gas 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)
=27.362/116.0564*116.0564
=27.362

Current CPI (Jun. 2026) = 116.0564.

Xinjiang Xintai Natural Gas Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 4.534 102.400 5.139
201612 4.752 102.600 5.375
201703 4.901 103.200 5.512
201706 4.752 103.100 5.349
201709 4.869 104.100 5.428
201712 5.160 104.500 5.731
201803 5.360 105.300 5.908
201806 5.014 104.900 5.547
201809 12.491 106.600 13.599
201812 13.783 106.500 15.020
201903 14.189 107.700 15.290
201906 13.896 107.700 14.974
201909 14.521 109.800 15.348
201912 15.121 111.200 15.781
202003 15.571 112.300 16.092
202006 14.881 110.400 15.643
202009 15.096 111.700 15.685
202012 15.925 111.500 16.576
202103 17.875 112.662 18.414
202106 17.484 111.769 18.155
202109 17.526 112.215 18.126
202112 18.079 113.108 18.550
202203 19.438 114.335 19.731
202206 19.208 114.558 19.459
202209 20.112 115.339 20.237
202212 20.928 115.116 21.099
202303 21.692 115.116 21.869
202306 22.786 114.558 23.084
202309 17.802 115.339 17.913
202312 18.693 114.781 18.901
202403 19.488 115.227 19.628
202406 19.262 114.781 19.476
202409 23.144 115.785 23.198
202412 24.718 114.893 24.968
202503 25.748 115.116 25.958
202506 26.304 114.907 26.567
202509 26.745 115.471 26.880
202512 26.532 115.832 26.583
202603 26.875 116.303 26.818
202606 27.362 116.056 27.362

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 1.50 mean?
Xinjiang Xintai Natural Gas Co (SHSE:603393) has a Cyclically Adjusted PB Ratio of 1.50 as of Sep. 15, 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 Xinjiang Xintai Natural Gas Co and its competitors. This is 49% below median its historical median of 2.97. Over the past decade, Xinjiang Xintai Natural Gas Co's Cyclically Adjusted PB Ratio has ranged from 1.93 to 4.27. According to the industry distribution chart, Xinjiang Xintai Natural Gas Co ranks #309 out of 425 companies in the Utilities - Regulated industry, placing it in the top 72.7%.
Is Xinjiang Xintai Natural Gas Co's Cyclically Adjusted PB Ratio too high?
Xinjiang Xintai Natural Gas Co's current Cyclically Adjusted PB Ratio of 1.50 is 49% below median its 10-year median of 2.97. Over the past 10 years, this metric has ranged from a low of 1.93 to a high of 4.27. The Utilities - Regulated industry median Cyclically Adjusted PB Ratio is 1.49. Xinjiang Xintai Natural Gas Co's value of 1.50 is 0.7% above this industry median. Based on the distribution chart, Xinjiang Xintai Natural Gas Co ranks #309 out of 425 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Xinjiang Xintai Natural Gas Co has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Xinjiang Xintai Natural Gas Co's Cyclically Adjusted PB Ratio compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Xinjiang Xintai Natural Gas Co ranks #309 out of 425 companies for Cyclically Adjusted PB Ratio. This places Xinjiang Xintai Natural Gas Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.49. Xinjiang Xintai Natural Gas Co's value of 1.50 is 0.7% above this benchmark. Historically, Xinjiang Xintai Natural Gas Co's own Cyclically Adjusted PB Ratio has ranged from 1.93 to 4.27 over the past decade. While the company's 10-year median is 2.97 vs. the industry median of 1.49, Xinjiang Xintai Natural Gas 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 Utilities - Regulated company?
The median Cyclically Adjusted PB Ratio among Utilities - Regulated companies is 1.49, based on 425 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. Xinjiang Xintai Natural Gas Co's current Cyclically Adjusted PB Ratio of 1.50 is 0.7% 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 Xinjiang Xintai Natural Gas Co and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PB Ratio is 1.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Xinjiang Xintai Natural Gas Co's current Cyclically Adjusted PB Ratio is 1.50, which is 49% below median its own 10-year median of 2.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xinjiang Xintai Natural Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Xinjiang Xintai Natural Gas Co (SHSE:603393) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥33.87, compared to a current price of ¥25.58 — trading 24.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.50, which is 49% below median its 10-year median of 2.97 and 0.7% above the Utilities - Regulated industry median of 1.49. Xinjiang Xintai Natural Gas Co's overall GF Score™ is 79/100 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 Xinjiang Xintai Natural Gas Co (SHSE:603393), the current Cyclically Adjusted PB Ratio is 1.50 as of Sep. 15, 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 Xinjiang Xintai Natural Gas Co (SHSE:603393) Overvalued in 2026?

Based on GuruFocus' analysis, Xinjiang Xintai Natural Gas Co stock appears to be undervalued. The current stock price of ¥25.58 is trading 24.5% below its estimated GF Value™ of ¥33.87. GuruFocus considers Xinjiang Xintai Natural Gas Co to be Modestly Undervalued.

Key valuation signals for SHSE:603393:

  • Cyclically Adjusted PB Ratio: 1.50 (49% below median its 10-year median of 2.97)
  • GF Value™: ¥33.87 vs. price of ¥25.58 (24.5% below fair value)
  • GF Score™: 79/100 with 5 warning signs
  • Industry Position: 0.7% above the Utilities - Regulated median (#309 of 425)

No single metric tells the full story. See the SHSE:603393 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Xinjiang Xintai Natural Gas Co Business Description

Address No 179 Aletai Road Zhizhusshan, Floor 1 Building 25, Urumqi High-tech Industrial Development Zone, Urumqi, CHN, 830011
Xinjiang Xintai Natural Gas Co Ltd produces and supplies natural gas and liquefied gas in China. It also provides compressed natural gas, industrial gas, urban residents use gas, commercial gas, and heating gas, as well as operates a pipeline and CNG filling station.
79GF Score

Get the complete analysis for SHSE:603393

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

¥25.58
Price
¥33.87
GF Value