ZheJiang Jasan Holding Group Co (SHSE:603558) Cyclically Adjusted PB Ratio: 1.79 (As of Sep. 08, 2026) — Near Median

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SHSE:603558 ZheJiang Jasan Holding Group Co Ltd SHSE:603558
76 GF Score
Price ¥12.15
GF Value ¥12.22
Valuation Fairly Valued
! 3 Warning Signs
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What is ZheJiang Jasan Holding Group Co Cyclically Adjusted PB Ratio?

ZheJiang Jasan Holding Group Co SHSE:603558 +1.42% 76 Cyclically Adjusted PB Ratio is 1.79 as of Sep. 08, 2026, which is 9% above its 10-year median of 1.64. GuruFocus rates SHSE:603558 with a GF Score™ of 76/100 and a GF Value™ of ¥12.22 (Fairly Valued). The stock has 3 warning signs investors should review. Among 635 Manufacturing - Apparel & Accessories companies, ZheJiang Jasan Holding Group Co ranks worse than 71.18% on this metric.

As of today (2026-09-08), ZheJiang Jasan Holding Group Co's current share price is ¥12.15. ZheJiang Jasan Holding Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ¥6.78. ZheJiang Jasan Holding Group Co's Cyclically Adjusted PB Ratio for today is 1.79.

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

SHSE:603558' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.34   Med: 1.64   Max: 2.06
Current: 1.81

During the past years, ZheJiang Jasan Holding Group Co's highest Cyclically Adjusted PB Ratio was 2.06. The lowest was 1.34. And the median was 1.64.

SHSE:603558's Cyclically Adjusted PB Ratio is ranked worse than
71.18% of 635 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.95 vs SHSE:603558: 1.81

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.

ZheJiang Jasan Holding Group Co's adjusted book value per share data for the three months ended in Jun. 2026 was ¥6.535. 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 ¥6.78 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


ZheJiang Jasan Holding Group Co  (SHSE:603558) 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.


ZheJiang Jasan Holding Group Co Cyclically Adjusted PB Ratio Related Terms


ZheJiang Jasan Holding Group Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for ZheJiang Jasan Holding 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.

ZheJiang Jasan Holding Group Co Cyclically Adjusted PB Ratio Chart

ZheJiang Jasan Holding 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 1.52 1.65 1.72 1.67

ZheJiang Jasan Holding 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 1.41 1.51 1.67 2.18 1.64

SHSE:603558 vs RL, LEVI, VFC: Cyclically Adjusted PB Ratio Comparison

For the Apparel Manufacturing subindustry, ZheJiang Jasan Holding 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.


ZheJiang Jasan Holding Group Co Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where ZheJiang Jasan Holding Group Co's Cyclically Adjusted PB Ratio falls into.


SHSE:603558
76GF Score
ZheJiang Jasan Holding Group Co Ltd SHSE:603558
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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ZheJiang Jasan Holding 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.

ZheJiang Jasan Holding Group Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12.15/6.78
=1.79

* 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.

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

For example, ZheJiang Jasan Holding 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)
=6.535/116.0564*116.0564
=6.535

Current CPI (Jun. 2026) = 116.0564.

ZheJiang Jasan Holding Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 4.933 102.400 5.591
201612 4.967 102.600 5.618
201703 5.023 103.200 5.649
201706 5.007 103.100 5.636
201709 6.439 104.100 7.179
201712 6.663 104.500 7.400
201803 6.728 105.300 7.415
201806 6.794 104.900 7.517
201809 6.983 106.600 7.602
201812 6.923 106.500 7.544
201903 6.827 107.700 7.357
201906 6.962 107.700 7.502
201909 7.247 109.800 7.660
201912 7.322 111.200 7.642
202003 7.458 112.300 7.707
202006 7.114 110.400 7.478
202009 7.196 111.700 7.477
202012 5.729 111.500 5.963
202103 5.824 112.662 5.999
202106 5.768 111.769 5.989
202109 5.891 112.215 6.093
202112 5.891 113.108 6.045
202203 6.113 114.335 6.205
202206 6.348 114.558 6.431
202209 6.668 115.339 6.709
202212 6.525 115.116 6.578
202303 6.784 115.116 6.839
202306 6.612 114.558 6.698
202309 6.654 115.339 6.695
202312 6.610 114.781 6.683
202403 6.674 115.227 6.722
202406 6.568 114.781 6.641
202409 6.645 115.785 6.661
202412 6.767 114.893 6.836
202503 7.112 115.116 7.170
202506 6.862 114.907 6.931
202509 6.995 115.471 7.030
202512 6.846 115.832 6.859
202603 6.847 116.303 6.832
202606 6.535 116.056 6.535

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 1.79 mean?
ZheJiang Jasan Holding Group Co (SHSE:603558) has a Cyclically Adjusted PB Ratio of 1.79 as of Sep. 08, 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 ZheJiang Jasan Holding Group Co and its competitors. This is near median its historical median of 1.64. Over the past decade, ZheJiang Jasan Holding Group Co's Cyclically Adjusted PB Ratio has ranged from 1.34 to 2.06. According to the industry distribution chart, ZheJiang Jasan Holding Group Co ranks #452 out of 635 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 71.2%.
Is ZheJiang Jasan Holding Group Co's Cyclically Adjusted PB Ratio too high?
ZheJiang Jasan Holding Group Co's current Cyclically Adjusted PB Ratio of 1.79 is near median its 10-year median of 1.64. Over the past 10 years, this metric has ranged from a low of 1.34 to a high of 2.06. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PB Ratio is 0.95. ZheJiang Jasan Holding Group Co's value of 1.79 is 88.4% above this industry median. Based on the distribution chart, ZheJiang Jasan Holding Group Co ranks #452 out of 635 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, ZheJiang Jasan Holding Group Co has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ZheJiang Jasan Holding Group Co's Cyclically Adjusted PB Ratio compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, ZheJiang Jasan Holding Group Co ranks #452 out of 635 companies for Cyclically Adjusted PB Ratio. This places ZheJiang Jasan Holding Group Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.95. ZheJiang Jasan Holding Group Co's value of 1.79 is 88.4% above this benchmark. Historically, ZheJiang Jasan Holding Group Co's own Cyclically Adjusted PB Ratio has ranged from 1.34 to 2.06 over the past decade. While the company's 10-year median is 1.64 vs. the industry median of 0.95, ZheJiang Jasan Holding Group 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 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. ZheJiang Jasan Holding Group Co's current Cyclically Adjusted PB Ratio of 1.79 is 88.4% 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 ZheJiang Jasan Holding 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. ZheJiang Jasan Holding Group Co's current Cyclically Adjusted PB Ratio is 1.79, which is near median its own 10-year median of 1.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ZheJiang Jasan Holding Group Co stock overvalued right now?
Based on GuruFocus' analysis, ZheJiang Jasan Holding Group Co (SHSE:603558) is currently considered Fairly Valued. The stock's GF Value™ is ¥12.22, compared to a current price of ¥12.15 — trading 0.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.79, which is near median its 10-year median of 1.64 and 88.4% above the Manufacturing - Apparel & Accessories industry median of 0.95. ZheJiang Jasan Holding Group Co's overall GF Score™ is 76/100 with 3 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 ZheJiang Jasan Holding Group Co (SHSE:603558), the current Cyclically Adjusted PB Ratio is 1.79 as of Sep. 08, 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 ZheJiang Jasan Holding Group Co (SHSE:603558) Overvalued in 2026?

Based on GuruFocus' analysis, ZheJiang Jasan Holding Group Co stock appears to be undervalued. The current stock price of ¥12.15 is trading 0.6% below its estimated GF Value™ of ¥12.22. GuruFocus considers ZheJiang Jasan Holding Group Co to be Fairly Valued.

Key valuation signals for SHSE:603558:

  • Cyclically Adjusted PB Ratio: 1.79 (near median its 10-year median of 1.64)
  • GF Value™: ¥12.22 vs. price of ¥12.15 (0.6% below fair value)
  • GF Score™: 76/100 with 3 warning signs
  • Industry Position: 88.4% above the Manufacturing - Apparel & Accessories median (#452 of 635)

No single metric tells the full story. See the SHSE:603558 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ZheJiang Jasan Holding Group Co Business Description

Address No.111, JinYi Road, Xiaoshan Economic and Technological Development Zone, Hangzhou, CHN, 311215
ZheJiang Jasan Holding Group Co Ltd is engaged in the research, development, designing manufacturing, and servicing of knitwear. The company's main customers and brands are Uniqlo, Puma, Decathlon, Under Armour, Bombas, GAP, Bonds, Adidas, etc., and the main sales markets are Europe, the United States, Japan, Australia and China.
76GF Score

Get the complete analysis for SHSE:603558

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

¥12.15
Price
¥12.22
GF Value