HeiLongJiang ZBD Pharmaceutical Co (SHSE:603567) Cyclically Adjusted PB Ratio: 0.79 (As of Sep. 04, 2026) — 55% Below Median

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SHSE:603567 HeiLongJiang ZBD Pharmaceutical Co Ltd SHSE:603567
36 GF Score
Price ¥5.52
GF Value ¥1.52
Valuation Significantly Overvalued
! 5 Warning Signs
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What is HeiLongJiang ZBD Pharmaceutical Co Cyclically Adjusted PB Ratio?

HeiLongJiang ZBD Pharmaceutical Co SHSE:603567 -1.43% 36 Cyclically Adjusted PB Ratio is 0.79 as of Sep. 04, 2026, which is 55% below its 10-year median of 1.74. GuruFocus rates SHSE:603567 with a GF Score™ of 36/100 and a GF Value™ of ¥1.52 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 639 Drug Manufacturers companies, HeiLongJiang ZBD Pharmaceutical Co ranks better than 75.74% on this metric.

As of today (2026-09-04), HeiLongJiang ZBD Pharmaceutical Co's current share price is ¥5.52. HeiLongJiang ZBD Pharmaceutical Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ¥6.99. HeiLongJiang ZBD Pharmaceutical Co's Cyclically Adjusted PB Ratio for today is 0.79.

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

SHSE:603567' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.61   Med: 1.74   Max: 3.07
Current: 0.8

During the past years, HeiLongJiang ZBD Pharmaceutical Co's highest Cyclically Adjusted PB Ratio was 3.07. The lowest was 0.61. And the median was 1.74.

SHSE:603567's Cyclically Adjusted PB Ratio is ranked better than
75.74% of 639 companies
in the Drug Manufacturers industry
Industry Median: 1.76 vs SHSE:603567: 0.80

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.

HeiLongJiang ZBD Pharmaceutical Co's adjusted book value per share data for the three months ended in Jun. 2026 was ¥6.389. 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 ¥6.99 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


HeiLongJiang ZBD Pharmaceutical Co  (SHSE:603567) 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.


HeiLongJiang ZBD Pharmaceutical Co Cyclically Adjusted PB Ratio Related Terms


HeiLongJiang ZBD Pharmaceutical Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for HeiLongJiang ZBD 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.

HeiLongJiang ZBD Pharmaceutical Co Cyclically Adjusted PB Ratio Chart

HeiLongJiang ZBD 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 1.97 1.77 1.29

HeiLongJiang ZBD 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 1.73 1.61 1.29 1.01 0.63

SHSE:603567 vs ZTS: Cyclically Adjusted PB Ratio Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, HeiLongJiang ZBD 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.


HeiLongJiang ZBD Pharmaceutical Co Cyclically Adjusted PB Ratio vs Drug Manufacturers Industry

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

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


SHSE:603567
36GF Score
HeiLongJiang ZBD Pharmaceutical Co Ltd SHSE:603567
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HeiLongJiang ZBD 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.52/6.99
=0.79

* 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.

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

For example, HeiLongJiang ZBD 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)
=6.389/116.0564*116.0564
=6.389

Current CPI (Jun. 2026) = 116.0564.

HeiLongJiang ZBD Pharmaceutical Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 4.912 102.400 5.567
201612 5.065 102.600 5.729
201703 5.204 103.200 5.852
201706 5.120 103.100 5.763
201709 5.303 104.100 5.912
201712 5.499 104.500 6.107
201803 5.684 105.300 6.265
201806 5.605 104.900 6.201
201809 5.751 106.600 6.261
201812 5.856 106.500 6.381
201903 6.055 107.700 6.525
201906 5.971 107.700 6.434
201909 6.090 109.800 6.437
201912 6.173 111.200 6.443
202003 6.323 112.300 6.535
202006 6.174 110.400 6.490
202009 6.240 111.700 6.483
202012 6.470 111.500 6.734
202103 6.654 112.662 6.855
202106 6.796 111.769 7.057
202109 6.090 112.215 6.298
202112 7.477 113.108 7.672
202203 7.645 114.335 7.760
202206 7.625 114.558 7.725
202209 7.513 115.339 7.560
202212 7.536 115.116 7.598
202303 7.787 115.116 7.851
202306 7.635 114.558 7.735
202309 7.739 115.339 7.787
202312 8.013 114.781 8.102
202403 8.326 115.227 8.386
202406 8.432 114.781 8.526
202409 8.244 115.785 8.263
202412 8.288 114.893 8.372
202503 8.370 115.116 8.438
202506 8.206 114.907 8.288
202509 7.745 115.471 7.784
202512 6.675 115.832 6.688
202603 6.485 116.303 6.471
202606 6.389 116.056 6.389

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 0.79 mean?
HeiLongJiang ZBD Pharmaceutical Co (SHSE:603567) has a Cyclically Adjusted PB Ratio of 0.79 as of Sep. 04, 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 HeiLongJiang ZBD Pharmaceutical Co and its competitors. This is 55% below median its historical median of 1.74. Over the past decade, HeiLongJiang ZBD Pharmaceutical Co's Cyclically Adjusted PB Ratio has ranged from 0.61 to 3.07. According to the industry distribution chart, HeiLongJiang ZBD Pharmaceutical Co ranks #155 out of 639 companies in the Drug Manufacturers industry, placing it in the top 24.3%.
Is HeiLongJiang ZBD Pharmaceutical Co's Cyclically Adjusted PB Ratio too high?
HeiLongJiang ZBD Pharmaceutical Co's current Cyclically Adjusted PB Ratio of 0.79 is 55% below median its 10-year median of 1.74. Over the past 10 years, this metric has ranged from a low of 0.61 to a high of 3.07. The Drug Manufacturers industry median Cyclically Adjusted PB Ratio is 1.76. HeiLongJiang ZBD Pharmaceutical Co's value of 0.79 is 55.1% below this industry median. Based on the distribution chart, HeiLongJiang ZBD Pharmaceutical Co ranks #155 out of 639 companies in the Drug Manufacturers industry, which is in the top quartile — a strong position relative to peers. Overall, HeiLongJiang ZBD Pharmaceutical Co has a GF Score™ of 36/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does HeiLongJiang ZBD Pharmaceutical Co's Cyclically Adjusted PB Ratio compare to ZTS?
According to the Drug Manufacturers industry distribution chart, HeiLongJiang ZBD Pharmaceutical Co ranks #155 out of 639 companies for Cyclically Adjusted PB Ratio. This places HeiLongJiang ZBD Pharmaceutical Co in the top 24% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.76. HeiLongJiang ZBD Pharmaceutical Co's value of 0.79 is 55.1% below this benchmark. Historically, HeiLongJiang ZBD Pharmaceutical Co's own Cyclically Adjusted PB Ratio has ranged from 0.61 to 3.07 over the past decade. While the company's 10-year median is 1.74 vs. the industry median of 1.76, HeiLongJiang ZBD Pharmaceutical 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 Drug Manufacturers company?
The median Cyclically Adjusted PB Ratio among Drug Manufacturers companies is 1.76, based on 639 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. HeiLongJiang ZBD Pharmaceutical Co's current Cyclically Adjusted PB Ratio of 0.79 is 55.1% 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 HeiLongJiang ZBD Pharmaceutical Co and its competitors. For the Drug Manufacturers industry, the median Cyclically Adjusted PB Ratio is 1.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HeiLongJiang ZBD Pharmaceutical Co's current Cyclically Adjusted PB Ratio is 0.79, which is 55% below median its own 10-year median of 1.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HeiLongJiang ZBD Pharmaceutical Co stock overvalued right now?
Based on GuruFocus' analysis, HeiLongJiang ZBD Pharmaceutical Co (SHSE:603567) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥1.52, compared to a current price of ¥5.52 — trading 263.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.79, which is 55% below median its 10-year median of 1.74 and 55.1% below the Drug Manufacturers industry median of 1.76. HeiLongJiang ZBD Pharmaceutical Co's overall GF Score™ is 36/100 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 HeiLongJiang ZBD Pharmaceutical Co (SHSE:603567), the current Cyclically Adjusted PB Ratio is 0.79 as of Sep. 04, 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 HeiLongJiang ZBD Pharmaceutical Co (SHSE:603567) Overvalued in 2026?

Based on GuruFocus' analysis, HeiLongJiang ZBD Pharmaceutical Co stock appears to be overvalued. The current stock price of ¥5.52 is trading 263.2% above its estimated GF Value™ of ¥1.52. GuruFocus considers HeiLongJiang ZBD Pharmaceutical Co to be Significantly Overvalued.

Key valuation signals for SHSE:603567:

  • Cyclically Adjusted PB Ratio: 0.79 (55% below median its 10-year median of 1.74)
  • GF Value™: ¥1.52 vs. price of ¥5.52 (263.2% above fair value)
  • GF Score™: 36/100 with 5 warning signs
  • Industry Position: 55.1% below the Drug Manufacturers median (#155 of 639)

No single metric tells the full story. See the SHSE:603567 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HeiLongJiang ZBD Pharmaceutical Co Business Description

Address No. 72, Hongxing Street, Hulin Town, Heilongjiang Province, Hulin, CHN, 158400
HeiLongJiang ZBD Pharmaceutical Co Ltd operates as a pharmaceutical manufacturer. The business scope of the company includes wholesale, retail, traditional Chinese medicine decoction pieces, Chinese medicine formula granules, Chinese herbal medicine trade, medical equipment, sanitary materials, and inspection and testing.
36GF Score

Get the complete analysis for SHSE:603567

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

¥5.52
Price
¥1.52
GF Value