Mubang High-Tech Co (SHSE:603398) Cyclically Adjusted PB Ratio: 4.84 (As of Sep. 07, 2026) — 21% Below Median

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SHSE:603398 Mubang High-Tech Co Ltd SHSE:603398
47 GF Score
Price ¥11.76
GF Value ¥10.51
Valuation Fairly Valued
! 6 Warning Signs
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What is Mubang High-Tech Co Cyclically Adjusted PB Ratio?

Mubang High-Tech Co SHSE:603398 +10.01% 47 Cyclically Adjusted PB Ratio is 4.84 as of Sep. 07, 2026, which is 21% below its 10-year median of 6.12. GuruFocus rates SHSE:603398 with a GF Score™ of 47/100 and a GF Value™ of ¥10.51 (Fairly Valued). The stock has 6 warning signs investors should review. Among 598 Travel & Leisure companies, Mubang High-Tech Co ranks worse than 85.45% on this metric.

As of today (2026-09-07), Mubang High-Tech Co's current share price is ¥11.76. Mubang High-Tech Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ¥2.43. Mubang High-Tech Co's Cyclically Adjusted PB Ratio for today is 4.84.

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

SHSE:603398' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.76   Med: 6.12   Max: 11.52
Current: 4.27

During the past years, Mubang High-Tech Co's highest Cyclically Adjusted PB Ratio was 11.52. The lowest was 1.76. And the median was 6.12.

SHSE:603398's Cyclically Adjusted PB Ratio is ranked worse than
85.45% of 598 companies
in the Travel & Leisure industry
Industry Median: 1.165 vs SHSE:603398: 4.27

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.

Mubang High-Tech Co's adjusted book value per share data for the three months ended in Jun. 2026 was ¥-0.172. 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 ¥2.43 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mubang High-Tech Co  (SHSE:603398) 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.


Mubang High-Tech Co Cyclically Adjusted PB Ratio Related Terms


Mubang High-Tech Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Mubang High-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.

Mubang High-Tech Co Cyclically Adjusted PB Ratio Chart

Mubang High-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 0.00 0.00 7.90 9.21 3.26

Mubang High-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 2.18 3.48 3.26 4.61 6.02

SHSE:603398 vs AS, HAS, LTH: Cyclically Adjusted PB Ratio Comparison

For the Leisure subindustry, Mubang High-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.


Mubang High-Tech Co Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Mubang High-Tech Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Mubang High-Tech Co's Cyclically Adjusted PB Ratio falls into.


SHSE:603398
47GF Score
Mubang High-Tech Co Ltd SHSE:603398
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Mubang High-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.

Mubang High-Tech Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.76/2.43
=4.84

* 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.

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

For example, Mubang High-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)
=-0.172/116.0564*116.0564
=-0.172

Current CPI (Jun. 2026) = 116.0564.

Mubang High-Tech Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 1.925 102.400 2.182
201612 1.966 102.600 2.224
201703 1.999 103.200 2.248
201706 1.993 103.100 2.243
201709 2.089 104.100 2.329
201712 2.100 104.500 2.332
201803 2.129 105.300 2.346
201806 2.099 104.900 2.322
201809 2.153 106.600 2.344
201812 2.269 106.500 2.473
201903 2.348 107.700 2.530
201906 2.406 107.700 2.593
201909 2.450 109.800 2.590
201912 2.497 111.200 2.606
202003 2.523 112.300 2.607
202006 2.614 110.400 2.748
202009 2.620 111.700 2.722
202012 2.632 111.500 2.740
202103 2.278 112.662 2.347
202106 3.244 111.769 3.368
202109 3.256 112.215 3.367
202112 2.759 113.108 2.831
202203 2.732 114.335 2.773
202206 2.784 114.558 2.820
202209 2.789 115.339 2.806
202212 2.091 115.116 2.108
202303 2.189 115.116 2.207
202306 2.124 114.558 2.152
202309 2.138 115.339 2.151
202312 2.678 114.781 2.708
202403 4.748 115.227 4.782
202406 4.448 114.781 4.497
202409 4.238 115.785 4.248
202412 2.280 114.893 2.303
202503 2.039 115.116 2.056
202506 1.812 114.907 1.830
202509 1.457 115.471 1.464
202512 0.336 115.832 0.337
202603 0.165 116.303 0.165
202606 -0.172 116.056 -0.172

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 4.84 mean?
Mubang High-Tech Co (SHSE:603398) has a Cyclically Adjusted PB Ratio of 4.84 as of Sep. 07, 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 Mubang High-Tech Co and its competitors. This is 21% below median its historical median of 6.12. Over the past decade, Mubang High-Tech Co's Cyclically Adjusted PB Ratio has ranged from 1.76 to 11.52. According to the industry distribution chart, Mubang High-Tech Co ranks #511 out of 598 companies in the Travel & Leisure industry, placing it in the top 85.5%.
Is Mubang High-Tech Co's Cyclically Adjusted PB Ratio too high?
Mubang High-Tech Co's current Cyclically Adjusted PB Ratio of 4.84 is 21% below median its 10-year median of 6.12. Over the past 10 years, this metric has ranged from a low of 1.76 to a high of 11.52. The Travel & Leisure industry median Cyclically Adjusted PB Ratio is 1.17. Mubang High-Tech Co's value of 4.84 is 315.5% above this industry median. Based on the distribution chart, Mubang High-Tech Co ranks #511 out of 598 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Mubang High-Tech Co has a GF Score™ of 47/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mubang High-Tech Co's Cyclically Adjusted PB Ratio compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Mubang High-Tech Co ranks #511 out of 598 companies for Cyclically Adjusted PB Ratio. This places Mubang High-Tech Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.17. Mubang High-Tech Co's value of 4.84 is 315.5% above this benchmark. Historically, Mubang High-Tech Co's own Cyclically Adjusted PB Ratio has ranged from 1.76 to 11.52 over the past decade. While the company's 10-year median is 6.12 vs. the industry median of 1.17, Mubang High-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 a Travel & Leisure company?
The median Cyclically Adjusted PB Ratio among Travel & Leisure companies is 1.17, based on 598 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. Mubang High-Tech Co's current Cyclically Adjusted PB Ratio of 4.84 is 315.5% 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 Mubang High-Tech Co and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PB Ratio is 1.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mubang High-Tech Co's current Cyclically Adjusted PB Ratio is 4.84, which is 21% below median its own 10-year median of 6.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mubang High-Tech Co stock overvalued right now?
Based on GuruFocus' analysis, Mubang High-Tech Co (SHSE:603398) is currently considered Fairly Valued. The stock's GF Value™ is ¥10.51, compared to a current price of ¥11.76 — trading 11.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.84, which is 21% below median its 10-year median of 6.12 and 315.5% above the Travel & Leisure industry median of 1.17. Mubang High-Tech Co's overall GF Score™ is 47/100 with 6 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 Mubang High-Tech Co (SHSE:603398), the current Cyclically Adjusted PB Ratio is 4.84 as of Sep. 07, 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 Mubang High-Tech Co (SHSE:603398) Overvalued in 2026?

Based on GuruFocus' analysis, Mubang High-Tech Co stock appears to be overvalued. The current stock price of ¥11.76 is trading 11.9% above its estimated GF Value™ of ¥10.51. GuruFocus considers Mubang High-Tech Co to be Fairly Valued.

Key valuation signals for SHSE:603398:

  • Cyclically Adjusted PB Ratio: 4.84 (21% below median its 10-year median of 6.12)
  • GF Value™: ¥10.51 vs. price of ¥11.76 (11.9% above fair value)
  • GF Score™: 47/100 with 6 warning signs
  • Industry Position: 315.5% above the Travel & Leisure median (#511 of 598)

No single metric tells the full story. See the SHSE:603398 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mubang High-Tech Co Business Description

Address No. 18, Dongyang Avenue, Industrial Park, Jiangxi Province, Anyi County, Nanchang, CHN, 330513
Mubang High-Tech Co Ltd is a manufacturer which is specialized in the research, development, and production of educational plastic block toys and infant preschool block toys. It also engaged in the production and sales of precision non-metal molds, production and sales of pharmaceutical packaging materials, building block creative training, educational service consulting among others.
47GF Score

Get the complete analysis for SHSE:603398

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

¥11.76
Price
¥10.51
GF Value