Jinhong Fashion Group Co (SHSE:603518) Cyclically Adjusted PB Ratio: 0.83 (As of Sep. 12, 2026) — 21% Below Median

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SHSE:603518 Jinhong Fashion Group Co Ltd SHSE:603518
61 GF Score
Price ¥7.96
GF Value ¥9.21
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Jinhong Fashion Group Co Cyclically Adjusted PB Ratio?

Jinhong Fashion Group Co SHSE:603518 -2.45% 61 Cyclically Adjusted PB Ratio is 0.83 as of Sep. 12, 2026, which is 21% below its 10-year median of 1.05. GuruFocus rates SHSE:603518 with a GF Score™ of 61/100 and a GF Value™ of ¥9.21 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 635 Manufacturing - Apparel & Accessories companies, Jinhong Fashion Group Co ranks better than 54.02% on this metric.

As of today (2026-09-12), Jinhong Fashion Group Co's current share price is ¥7.96. Jinhong Fashion Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ¥9.55. Jinhong Fashion Group Co's Cyclically Adjusted PB Ratio for today is 0.83.

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

SHSE:603518' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.71   Med: 1.05   Max: 1.42
Current: 0.83

During the past years, Jinhong Fashion Group Co's highest Cyclically Adjusted PB Ratio was 1.42. The lowest was 0.71. And the median was 1.05.

SHSE:603518's Cyclically Adjusted PB Ratio is ranked better than
54.02% of 635 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.95 vs SHSE:603518: 0.83

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.

Jinhong Fashion Group Co's adjusted book value per share data for the three months ended in Jun. 2026 was ¥11.026. 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 ¥9.55 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jinhong Fashion Group Co  (SHSE:603518) 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.


Jinhong Fashion Group Co Cyclically Adjusted PB Ratio Related Terms


Jinhong Fashion Group Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Jinhong Fashion Group 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.

Jinhong Fashion Group Co Cyclically Adjusted PB Ratio Chart

Jinhong Fashion Group 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 0.84 1.18 1.09 1.04

Jinhong Fashion Group 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 1.08 1.05 1.04 0.94 0.75

SHSE:603518 vs RL, LEVI, VFC: Cyclically Adjusted PB Ratio Comparison

For the Apparel Manufacturing subindustry, Jinhong Fashion Group 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.


Jinhong Fashion Group Co Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Jinhong Fashion Group Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Jinhong Fashion Group Co's Cyclically Adjusted PB Ratio falls into.


SHSE:603518
61GF Score
Jinhong Fashion Group Co Ltd SHSE:603518
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Jinhong Fashion Group 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.

Jinhong Fashion Group Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.96/9.55
=0.83

* 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.

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

For example, Jinhong Fashion Group 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)
=11.026/116.0564*116.0564
=11.026

Current CPI (Jun. 2026) = 116.0564.

Jinhong Fashion Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 6.887 102.400 7.805
201612 7.046 102.600 7.970
201703 7.190 103.200 8.086
201706 7.186 103.100 8.089
201709 7.314 104.100 8.154
201712 7.696 104.500 8.547
201803 8.754 105.300 9.648
201806 8.868 104.900 9.811
201809 9.014 106.600 9.814
201812 9.559 106.500 10.417
201903 10.224 107.700 11.017
201906 10.111 107.700 10.896
201909 10.132 109.800 10.709
201912 10.261 111.200 10.709
202003 10.319 112.300 10.664
202006 10.302 110.400 10.830
202009 6.677 111.700 6.937
202012 7.713 111.500 8.028
202103 7.999 112.662 8.240
202106 8.217 111.769 8.532
202109 8.349 112.215 8.635
202112 8.625 113.108 8.850
202203 8.802 114.335 8.935
202206 8.799 114.558 8.914
202209 8.911 115.339 8.966
202212 8.902 115.116 8.975
202303 9.224 115.116 9.299
202306 9.369 114.558 9.492
202309 9.420 115.339 9.479
202312 9.764 114.781 9.873
202403 10.114 115.227 10.187
202406 9.953 114.781 10.064
202409 9.999 115.785 10.022
202412 10.422 114.893 10.528
202503 10.707 115.116 10.795
202506 10.492 114.907 10.597
202509 10.502 115.471 10.555
202512 10.807 115.832 10.828
202603 11.127 116.303 11.103
202606 11.026 116.056 11.026

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 0.83 mean?
Jinhong Fashion Group Co (SHSE:603518) has a Cyclically Adjusted PB Ratio of 0.83 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 Jinhong Fashion Group Co and its competitors. This is 21% below median its historical median of 1.05. Over the past decade, Jinhong Fashion Group Co's Cyclically Adjusted PB Ratio has ranged from 0.71 to 1.42. According to the industry distribution chart, Jinhong Fashion Group Co ranks #292 out of 635 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 46%.
Is Jinhong Fashion Group Co's Cyclically Adjusted PB Ratio too high?
Jinhong Fashion Group Co's current Cyclically Adjusted PB Ratio of 0.83 is 21% below median its 10-year median of 1.05. Over the past 10 years, this metric has ranged from a low of 0.71 to a high of 1.42. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PB Ratio is 0.95. Jinhong Fashion Group Co's value of 0.83 is 12.6% below this industry median. Based on the distribution chart, Jinhong Fashion Group Co ranks #292 out of 635 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Jinhong Fashion Group Co has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jinhong Fashion Group Co's Cyclically Adjusted PB Ratio compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Jinhong Fashion Group Co ranks #292 out of 635 companies for Cyclically Adjusted PB Ratio. This puts Jinhong Fashion Group Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.95. Jinhong Fashion Group Co's value of 0.83 is 12.6% below this benchmark. Historically, Jinhong Fashion Group Co's own Cyclically Adjusted PB Ratio has ranged from 0.71 to 1.42 over the past decade. While the company's 10-year median is 1.05 vs. the industry median of 0.95, Jinhong Fashion Group Co has consistently been below 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 Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted PB Ratio among Manufacturing - Apparel & Accessories companies is 0.95, based on 635 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. Jinhong Fashion Group Co's current Cyclically Adjusted PB Ratio of 0.83 is 12.6% below 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 Jinhong Fashion Group Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PB Ratio is 0.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jinhong Fashion Group Co's current Cyclically Adjusted PB Ratio is 0.83, which is 21% below median its own 10-year median of 1.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jinhong Fashion Group Co stock overvalued right now?
Based on GuruFocus' analysis, Jinhong Fashion Group Co (SHSE:603518) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥9.21, compared to a current price of ¥7.96 — trading 13.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.83, which is 21% below median its 10-year median of 1.05 and 12.6% below the Manufacturing - Apparel & Accessories industry median of 0.95. Jinhong Fashion Group Co's overall GF Score™ is 61/100 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 Jinhong Fashion Group Co (SHSE:603518), the current Cyclically Adjusted PB Ratio is 0.83 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 Jinhong Fashion Group Co (SHSE:603518) Overvalued in 2026?

Based on GuruFocus' analysis, Jinhong Fashion Group Co stock appears to be undervalued. The current stock price of ¥7.96 is trading 13.6% below its estimated GF Value™ of ¥9.21. GuruFocus considers Jinhong Fashion Group Co to be Modestly Undervalued.

Key valuation signals for SHSE:603518:

  • Cyclically Adjusted PB Ratio: 0.83 (21% below median its 10-year median of 1.05)
  • GF Value™: ¥9.21 vs. price of ¥7.96 (13.6% below fair value)
  • GF Score™: 61/100 with 5 warning signs
  • Industry Position: 12.6% below the Manufacturing - Apparel & Accessories median (#292 of 635)

No single metric tells the full story. See the SHSE:603518 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jinhong Fashion Group Co Business Description

Address No. 1, Zhongshan South Road, 60th Floor, Qinhuai District, Nanjing, CHN
Jinhong Fashion Group Co Ltd is engaged in the manufacture and sale of women's apparel products. The company's main business covers the design, development, production, brand marketing and terminal sales of mid-to-high-end clothing.
61GF Score

Get the complete analysis for SHSE:603518

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

¥7.96
Price
¥9.21
GF Value