G-bits Network Technology (Xiamen) Co (SHSE:603444) Cyclically Adjusted PB Ratio: 6.86 (As of Sep. 13, 2026) — Near Median

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SHSE:603444 G-bits Network Technology (Xiamen) Co Ltd SHSE:603444
93 GF Score
Price ¥375.20
GF Value ¥419.20
Valuation Modestly Undervalued
! 1 Warning Sign
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What is G-bits Network Technology (Xiamen) Co Cyclically Adjusted PB Ratio?

G-bits Network Technology (Xiamen) Co SHSE:603444 -2.52% 93 Cyclically Adjusted PB Ratio is 6.86 as of Sep. 13, 2026, which is 8% above its 10-year median of 6.36. GuruFocus rates SHSE:603444 with a GF Score™ of 93/100 and a GF Value™ of ¥419.20 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 344 Interactive Media companies, G-bits Network Technology (Xiamen) Co ranks worse than 90.7% on this metric.

As of today (2026-09-13), G-bits Network Technology (Xiamen) Co's current share price is ¥375.20. G-bits Network Technology (Xiamen) Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ¥54.71. G-bits Network Technology (Xiamen) Co's Cyclically Adjusted PB Ratio for today is 6.86.

The historical rank and industry rank for G-bits Network Technology (Xiamen) Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:603444' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.8   Med: 6.36   Max: 12.32
Current: 6.86

During the past years, G-bits Network Technology (Xiamen) Co's highest Cyclically Adjusted PB Ratio was 12.32. The lowest was 3.80. And the median was 6.36.

SHSE:603444's Cyclically Adjusted PB Ratio is ranked worse than
90.7% of 344 companies
in the Interactive Media industry
Industry Median: 1.5 vs SHSE:603444: 6.86

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.

G-bits Network Technology (Xiamen) Co's adjusted book value per share data for the three months ended in Jun. 2026 was ¥84.073. 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 ¥54.71 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


G-bits Network Technology (Xiamen) Co  (SHSE:603444) 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.


G-bits Network Technology (Xiamen) Co Cyclically Adjusted PB Ratio Related Terms


G-bits Network Technology (Xiamen) Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for G-bits Network Technology (Xiamen) 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.

G-bits Network Technology (Xiamen) Co Cyclically Adjusted PB Ratio Chart

G-bits Network Technology (Xiamen) 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 4.87 8.13

G-bits Network Technology (Xiamen) 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 6.24 11.30 8.13 6.83 6.55

SHSE:603444 vs NTES, TTWO, RBLX: Cyclically Adjusted PB Ratio Comparison

For the Electronic Gaming & Multimedia subindustry, G-bits Network Technology (Xiamen) 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.


G-bits Network Technology (Xiamen) Co Cyclically Adjusted PB Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, G-bits Network Technology (Xiamen) Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where G-bits Network Technology (Xiamen) Co's Cyclically Adjusted PB Ratio falls into.


SHSE:603444
93GF Score
G-bits Network Technology (Xiamen) Co Ltd SHSE:603444
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

G-bits Network Technology (Xiamen) 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.

G-bits Network Technology (Xiamen) Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=375.20/54.71
=6.86

* 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.

G-bits Network Technology (Xiamen) Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, G-bits Network Technology (Xiamen) 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)
=84.073/116.0564*116.0564
=84.073

Current CPI (Jun. 2026) = 116.0564.

G-bits Network Technology (Xiamen) Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 12.635 102.400 14.320
201612 27.068 102.600 30.618
201703 29.201 103.200 32.839
201706 27.283 103.100 30.712
201709 29.472 104.100 32.857
201712 32.089 104.500 35.638
201803 34.410 105.300 37.925
201806 34.781 104.900 38.480
201809 37.321 106.600 40.632
201812 40.461 106.500 44.092
201903 43.499 107.700 46.874
201906 37.616 107.700 40.535
201909 40.748 109.800 43.070
201912 42.723 111.200 44.589
202003 47.280 112.300 48.862
202006 45.999 110.400 48.356
202009 49.315 111.700 51.238
202012 52.918 111.500 55.080
202103 58.160 112.662 59.913
202106 54.718 111.769 56.817
202109 59.026 112.215 61.046
202112 63.733 113.108 65.395
202203 68.711 114.335 69.746
202206 58.019 114.558 58.778
202209 62.931 115.339 63.323
202212 55.363 115.116 55.815
202303 59.595 115.116 60.082
202306 62.958 114.558 63.782
202309 58.413 115.339 58.776
202312 61.963 114.781 62.652
202403 65.329 115.227 65.799
202406 68.609 114.781 69.371
202409 65.733 115.785 65.887
202412 68.046 114.893 68.735
202503 71.948 115.116 72.536
202506 73.479 114.907 74.214
202509 74.693 115.471 75.071
202512 76.493 115.832 76.641
202603 83.362 116.303 83.185
202606 84.073 116.056 84.073

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 6.86 mean?
G-bits Network Technology (Xiamen) Co (SHSE:603444) has a Cyclically Adjusted PB Ratio of 6.86 as of Sep. 13, 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 G-bits Network Technology (Xiamen) Co and its competitors. This is near median its historical median of 6.36. Over the past decade, G-bits Network Technology (Xiamen) Co's Cyclically Adjusted PB Ratio has ranged from 3.80 to 12.32. According to the industry distribution chart, G-bits Network Technology (Xiamen) Co ranks #312 out of 344 companies in the Interactive Media industry, placing it in the top 90.7%.
Is G-bits Network Technology (Xiamen) Co's Cyclically Adjusted PB Ratio too high?
G-bits Network Technology (Xiamen) Co's current Cyclically Adjusted PB Ratio of 6.86 is near median its 10-year median of 6.36. Over the past 10 years, this metric has ranged from a low of 3.80 to a high of 12.32. The Interactive Media industry median Cyclically Adjusted PB Ratio is 1.50. G-bits Network Technology (Xiamen) Co's value of 6.86 is 357.3% above this industry median. Based on the distribution chart, G-bits Network Technology (Xiamen) Co ranks #312 out of 344 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, G-bits Network Technology (Xiamen) Co has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does G-bits Network Technology (Xiamen) Co's Cyclically Adjusted PB Ratio compare to NTES and TTWO?
According to the Interactive Media industry distribution chart, G-bits Network Technology (Xiamen) Co ranks #312 out of 344 companies for Cyclically Adjusted PB Ratio. This places G-bits Network Technology (Xiamen) Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.50. G-bits Network Technology (Xiamen) Co's value of 6.86 is 357.3% above this benchmark. Historically, G-bits Network Technology (Xiamen) Co's own Cyclically Adjusted PB Ratio has ranged from 3.80 to 12.32 over the past decade. While the company's 10-year median is 6.36 vs. the industry median of 1.50, G-bits Network Technology (Xiamen) 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 Interactive Media company?
The median Cyclically Adjusted PB Ratio among Interactive Media companies is 1.50, based on 344 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. G-bits Network Technology (Xiamen) Co's current Cyclically Adjusted PB Ratio of 6.86 is 357.3% 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 G-bits Network Technology (Xiamen) Co and its competitors. For the Interactive Media industry, the median Cyclically Adjusted PB Ratio is 1.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. G-bits Network Technology (Xiamen) Co's current Cyclically Adjusted PB Ratio is 6.86, which is near median its own 10-year median of 6.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is G-bits Network Technology (Xiamen) Co stock overvalued right now?
Based on GuruFocus' analysis, G-bits Network Technology (Xiamen) Co (SHSE:603444) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥419.20, compared to a current price of ¥375.20 — trading 10.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 6.86, which is near median its 10-year median of 6.36 and 357.3% above the Interactive Media industry median of 1.50. G-bits Network Technology (Xiamen) Co's overall GF Score™ is 93/100 with 1 warning sign 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 G-bits Network Technology (Xiamen) Co (SHSE:603444), the current Cyclically Adjusted PB Ratio is 6.86 as of Sep. 13, 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 G-bits Network Technology (Xiamen) Co (SHSE:603444) Overvalued in 2026?

Based on GuruFocus' analysis, G-bits Network Technology (Xiamen) Co stock appears to be undervalued. The current stock price of ¥375.20 is trading 10.5% below its estimated GF Value™ of ¥419.20. GuruFocus considers G-bits Network Technology (Xiamen) Co to be Modestly Undervalued.

Key valuation signals for SHSE:603444:

  • Cyclically Adjusted PB Ratio: 6.86 (near median its 10-year median of 6.36)
  • GF Value™: ¥419.20 vs. price of ¥375.20 (10.5% below fair value)
  • GF Score™: 93/100 with 1 warning sign
  • Industry Position: 357.3% above the Interactive Media median (#312 of 344)

No single metric tells the full story. See the SHSE:603444 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


G-bits Network Technology (Xiamen) Co Business Description

Address Room 101, No. 4, Wanghai Road, Xiamen Software Park, Fujian Province, Xiamen, CHN, 361008
G-bits Network Technology (Xiamen) Co Ltd develops video games and other multiplayer online games. It offers client, Web, mobile, and VR games. Geographically, it operates through the region of China.
93GF Score

Get the complete analysis for SHSE:603444

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

¥375.20
Price
¥419.20
GF Value