Guizhounli Pharmaceutical Co (SHSE:603439) Cyclically Adjusted PB Ratio: 4.49 (As of Sep. 12, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:603439 Guizhou Sanli Pharmaceutical Co Ltd SHSE:603439
91 GF Score
Price ¥12.54
GF Value ¥13.90
Valuation Modestly Undervalued
! 8 Warning Signs
View Full Analysis

What is Guizhounli Pharmaceutical Co Cyclically Adjusted PB Ratio?

Guizhounli Pharmaceutical Co SHSE:603439 +10.00% 91 Cyclically Adjusted PB Ratio is 4.49 as of Sep. 12, 2026, which is 1% above its 10-year median of 4.46. GuruFocus rates SHSE:603439 with a GF Score™ of 91/100 and a GF Value™ of ¥13.90 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 636 Drug Manufacturers companies, Guizhounli Pharmaceutical Co ranks worse than 81.45% on this metric.

As of today (2026-09-12), Guizhounli Pharmaceutical Co's current share price is ¥12.54. Guizhounli Pharmaceutical Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ¥2.79. Guizhounli Pharmaceutical Co's Cyclically Adjusted PB Ratio for today is 4.49.

The historical rank and industry rank for Guizhounli Pharmaceutical Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:603439' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.47   Med: 4.46   Max: 6.23
Current: 4.49

During the past years, Guizhounli Pharmaceutical Co's highest Cyclically Adjusted PB Ratio was 6.23. The lowest was 3.47. And the median was 4.46.

SHSE:603439's Cyclically Adjusted PB Ratio is ranked worse than
81.45% of 636 companies
in the Drug Manufacturers industry
Industry Median: 1.71 vs SHSE:603439: 4.49

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.

Guizhounli Pharmaceutical Co's adjusted book value per share data for the three months ended in Jun. 2026 was ¥3.588. 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 ¥2.79 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Guizhounli Pharmaceutical Co  (SHSE:603439) 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.


Guizhounli Pharmaceutical Co Cyclically Adjusted PB Ratio Related Terms


Guizhounli Pharmaceutical Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Guizhounli Pharmaceutical 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.

Guizhounli Pharmaceutical Co Cyclically Adjusted PB Ratio Chart

Guizhounli Pharmaceutical 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 0.00 4.35

Guizhounli Pharmaceutical 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 0.00 0.00 4.35 4.02 4.52

SHSE:603439 vs ZTS: Cyclically Adjusted PB Ratio Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Guizhounli Pharmaceutical 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.


Guizhounli Pharmaceutical Co Cyclically Adjusted PB Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Guizhounli Pharmaceutical Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Guizhounli Pharmaceutical Co's Cyclically Adjusted PB Ratio falls into.


SHSE:603439
91GF Score
Guizhou Sanli Pharmaceutical Co Ltd SHSE:603439
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Guizhounli Pharmaceutical 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.

Guizhounli Pharmaceutical Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12.54/2.79
=4.49

* 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.

Guizhounli Pharmaceutical Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Guizhounli Pharmaceutical 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)
=3.588/116.0564*116.0564
=3.588

Current CPI (Jun. 2026) = 116.0564.

Guizhounli Pharmaceutical Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 1.465 99.500 1.709
201512 1.689 100.600 1.949
201606 1.955 101.400 2.238
201612 3.359 102.600 3.800
201703 0.000 103.200 0.000
201706 3.204 103.100 3.607
201712 1.291 104.500 1.434
201803 1.176 105.300 1.296
201806 1.255 104.900 1.388
201812 1.413 106.500 1.540
201903 0.000 107.700 0.000
201906 1.563 107.700 1.684
201909 0.000 109.800 0.000
201912 1.776 111.200 1.854
202003 1.662 112.300 1.718
202006 2.295 110.400 2.413
202009 2.299 111.700 2.389
202012 2.411 111.500 2.510
202103 2.468 112.662 2.542
202106 2.331 111.769 2.420
202109 2.414 112.215 2.497
202112 2.510 113.108 2.575
202203 2.569 114.335 2.608
202206 2.677 114.558 2.712
202209 2.779 115.339 2.796
202212 3.016 115.116 3.041
202303 3.161 115.116 3.187
202306 3.191 114.558 3.233
202309 3.329 115.339 3.350
202312 3.587 114.781 3.627
202403 3.757 115.227 3.784
202406 3.722 114.781 3.763
202409 3.911 115.785 3.920
202412 3.727 114.893 3.765
202503 3.838 115.116 3.869
202506 3.611 114.907 3.647
202509 3.621 115.471 3.639
202512 3.535 115.832 3.542
202603 3.652 116.303 3.644
202606 3.588 116.056 3.588

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 4.49 mean?
Guizhounli Pharmaceutical Co (SHSE:603439) has a Cyclically Adjusted PB Ratio of 4.49 as of Sep. 12, 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 Guizhounli Pharmaceutical Co and its competitors. This is near median its historical median of 4.46. Over the past decade, Guizhounli Pharmaceutical Co's Cyclically Adjusted PB Ratio has ranged from 3.47 to 6.23. According to the industry distribution chart, Guizhounli Pharmaceutical Co ranks #518 out of 636 companies in the Drug Manufacturers industry, placing it in the top 81.4%.
Is Guizhounli Pharmaceutical Co's Cyclically Adjusted PB Ratio too high?
Guizhounli Pharmaceutical Co's current Cyclically Adjusted PB Ratio of 4.49 is near median its 10-year median of 4.46. Over the past 10 years, this metric has ranged from a low of 3.47 to a high of 6.23. The Drug Manufacturers industry median Cyclically Adjusted PB Ratio is 1.71. Guizhounli Pharmaceutical Co's value of 4.49 is 162.6% above this industry median. Based on the distribution chart, Guizhounli Pharmaceutical Co ranks #518 out of 636 companies in the Drug Manufacturers industry, which is in the bottom quartile relative to peers. Overall, Guizhounli Pharmaceutical Co has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Guizhounli Pharmaceutical Co's Cyclically Adjusted PB Ratio compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Guizhounli Pharmaceutical Co ranks #518 out of 636 companies for Cyclically Adjusted PB Ratio. This places Guizhounli Pharmaceutical Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.71. Guizhounli Pharmaceutical Co's value of 4.49 is 162.6% above this benchmark. Historically, Guizhounli Pharmaceutical Co's own Cyclically Adjusted PB Ratio has ranged from 3.47 to 6.23 over the past decade. While the company's 10-year median is 4.46 vs. the industry median of 1.71, Guizhounli Pharmaceutical 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 Drug Manufacturers company?
The median Cyclically Adjusted PB Ratio among Drug Manufacturers companies is 1.71, based on 636 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. Guizhounli Pharmaceutical Co's current Cyclically Adjusted PB Ratio of 4.49 is 162.6% 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 Guizhounli Pharmaceutical Co and its competitors. For the Drug Manufacturers industry, the median Cyclically Adjusted PB Ratio is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Guizhounli Pharmaceutical Co's current Cyclically Adjusted PB Ratio is 4.49, which is near median its own 10-year median of 4.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guizhounli Pharmaceutical Co stock overvalued right now?
Based on GuruFocus' analysis, Guizhounli Pharmaceutical Co (SHSE:603439) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥13.90, compared to a current price of ¥12.54 — trading 9.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.49, which is near median its 10-year median of 4.46 and 162.6% above the Drug Manufacturers industry median of 1.71. Guizhounli Pharmaceutical Co's overall GF Score™ is 91/100 with 8 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 Guizhounli Pharmaceutical Co (SHSE:603439), the current Cyclically Adjusted PB Ratio is 4.49 as of Sep. 12, 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 Guizhounli Pharmaceutical Co (SHSE:603439) Overvalued in 2026?

Based on GuruFocus' analysis, Guizhounli Pharmaceutical Co stock appears to be undervalued. The current stock price of ¥12.54 is trading 9.8% below its estimated GF Value™ of ¥13.90. GuruFocus considers Guizhounli Pharmaceutical Co to be Modestly Undervalued.

Key valuation signals for SHSE:603439:

  • Cyclically Adjusted PB Ratio: 4.49 (near median its 10-year median of 4.46)
  • GF Value™: ¥13.90 vs. price of ¥12.54 (9.8% below fair value)
  • GF Score™: 91/100 with 8 warning signs
  • Industry Position: 162.6% above the Drug Manufacturers median (#518 of 636)

No single metric tells the full story. See the SHSE:603439 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Guizhounli Pharmaceutical Co Business Description

Address Xiayun Industrial Park, Pingba District, Guizhou Province, Anshun, CHN, 561000
Guizhou Sanli Pharmaceutical Co Ltd is engaged in Chinese pharmaceutical research, development, production and marketing. The company produces and sells soft capsules, hard capsules, sprays (including Chinese medicine extraction) and provides Chinese medicine science and technology consulting services. Its products include Pediatric medication; Respiratory system medication; Cardiovascular and cerebrovascular drugs; Digestive medicine; Trauma injury medication; Rehabilitation medicine; and Ophthalmic medicine.
91GF Score

Get the complete analysis for SHSE:603439

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

¥12.54
Price
¥13.90
GF Value