Proya Cosmetics Co (SHSE:603605) Cyclically Adjusted PB Ratio: 7.31 (As of Aug. 31, 2026) — 18% Below 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:603605 Proya Cosmetics Co Ltd SHSE:603605
92 GF Score
Price ¥60.33
GF Value ¥88.25
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is Proya Cosmetics Co Cyclically Adjusted PB Ratio?

Proya Cosmetics Co SHSE:603605 -1.66% 92 Cyclically Adjusted PB Ratio is 7.31 as of Aug. 31, 2026, which is 18% below its 10-year median of 8.91. GuruFocus rates SHSE:603605 with a GF Score™ of 92/100 and a GF Value™ of ¥88.25 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,267 Consumer Packaged Goods companies, Proya Cosmetics Co ranks worse than 94.48% on this metric.

As of today (2026-08-31), Proya Cosmetics Co's current share price is ¥60.33. Proya Cosmetics Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ¥8.25. Proya Cosmetics Co's Cyclically Adjusted PB Ratio for today is 7.31.

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

SHSE:603605' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 6.82   Med: 8.91   Max: 11.38
Current: 7.44

During the past years, Proya Cosmetics Co's highest Cyclically Adjusted PB Ratio was 11.38. The lowest was 6.82. And the median was 8.91.

SHSE:603605's Cyclically Adjusted PB Ratio is ranked worse than
94.48% of 1267 companies
in the Consumer Packaged Goods industry
Industry Median: 1.26 vs SHSE:603605: 7.44

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.

Proya Cosmetics Co's adjusted book value per share data for the three months ended in Jun. 2026 was ¥16.941. 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 ¥8.25 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Proya Cosmetics Co  (SHSE:603605) 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.


Proya Cosmetics Co Cyclically Adjusted PB Ratio Related Terms


Proya Cosmetics Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Proya Cosmetics 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.

Proya Cosmetics Co Cyclically Adjusted PB Ratio Chart

Proya Cosmetics 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 9.19

Proya Cosmetics 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 11.38 9.19 7.74 7.27

SHSE:603605 vs PG, CL, EL: Cyclically Adjusted PB Ratio Comparison

For the Household & Personal Products subindustry, Proya Cosmetics 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.


Proya Cosmetics Co Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Proya Cosmetics Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


SHSE:603605
92GF Score
Proya Cosmetics Co Ltd SHSE:603605
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Proya Cosmetics 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.

Proya Cosmetics Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=60.33/8.25
=7.31

* 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.

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

For example, Proya Cosmetics 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)
=16.941/116.0564*116.0564
=16.941

Current CPI (Jun. 2026) = 116.0564.

Proya Cosmetics Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.000 102.400 0.000
201612 1.907 102.600 2.157
201703 0.000 103.200 0.000
201706 2.209 103.100 2.487
201709 1.750 104.100 1.951
201712 3.721 104.500 4.132
201803 3.900 105.300 4.298
201806 3.894 104.900 4.308
201809 4.028 106.600 4.385
201812 4.293 106.500 4.678
201903 4.539 107.700 4.891
201906 4.542 107.700 4.894
201909 4.728 109.800 4.997
201912 5.145 111.200 5.370
202003 5.344 112.300 5.523
202006 5.330 110.400 5.603
202009 5.586 111.700 5.804
202012 6.067 111.500 6.315
202103 6.355 112.662 6.546
202106 6.296 111.769 6.537
202109 6.636 112.215 6.863
202112 7.302 113.108 7.492
202203 7.599 114.335 7.713
202206 7.512 114.558 7.610
202209 8.007 115.339 8.057
202212 8.879 115.116 8.952
202303 9.476 115.116 9.553
202306 9.650 114.558 9.776
202309 9.925 115.339 9.987
202312 10.963 114.781 11.085
202403 11.330 115.227 11.412
202406 11.447 114.781 11.574
202409 12.208 115.785 12.237
202412 13.633 114.893 13.771
202503 14.629 115.116 14.749
202506 14.453 114.907 14.598
202509 14.314 115.471 14.387
202512 15.509 115.832 15.539
202603 16.178 116.303 16.144
202606 16.941 116.056 16.941

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 7.31 mean?
Proya Cosmetics Co (SHSE:603605) has a Cyclically Adjusted PB Ratio of 7.31 as of Aug. 31, 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 Proya Cosmetics Co and its competitors. This is 18% below median its historical median of 8.91. Over the past decade, Proya Cosmetics Co's Cyclically Adjusted PB Ratio has ranged from 6.82 to 11.38. According to the industry distribution chart, Proya Cosmetics Co ranks #1197 out of 1267 companies in the Consumer Packaged Goods industry, placing it in the top 94.5%.
Is Proya Cosmetics Co's Cyclically Adjusted PB Ratio too high?
Proya Cosmetics Co's current Cyclically Adjusted PB Ratio of 7.31 is 18% below median its 10-year median of 8.91. Over the past 10 years, this metric has ranged from a low of 6.82 to a high of 11.38. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.26. Proya Cosmetics Co's value of 7.31 is 480.2% above this industry median. Based on the distribution chart, Proya Cosmetics Co ranks #1197 out of 1267 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Proya Cosmetics Co has a GF Score™ of 92/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Proya Cosmetics Co's Cyclically Adjusted PB Ratio compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Proya Cosmetics Co ranks #1197 out of 1267 companies for Cyclically Adjusted PB Ratio. This places Proya Cosmetics Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.26. Proya Cosmetics Co's value of 7.31 is 480.2% above this benchmark. Historically, Proya Cosmetics Co's own Cyclically Adjusted PB Ratio has ranged from 6.82 to 11.38 over the past decade. While the company's 10-year median is 8.91 vs. the industry median of 1.26, Proya Cosmetics 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 Consumer Packaged Goods company?
The median Cyclically Adjusted PB Ratio among Consumer Packaged Goods companies is 1.26, based on 1,267 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. Proya Cosmetics Co's current Cyclically Adjusted PB Ratio of 7.31 is 480.2% 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 Proya Cosmetics Co and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PB Ratio is 1.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Proya Cosmetics Co's current Cyclically Adjusted PB Ratio is 7.31, which is 18% below median its own 10-year median of 8.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Proya Cosmetics Co stock overvalued right now?
Based on GuruFocus' analysis, Proya Cosmetics Co (SHSE:603605) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥88.25, compared to a current price of ¥60.33 — trading 31.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 7.31, which is 18% below median its 10-year median of 8.91 and 480.2% above the Consumer Packaged Goods industry median of 1.26. Proya Cosmetics Co's overall GF Score™ is 92/100 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 Proya Cosmetics Co (SHSE:603605), the current Cyclically Adjusted PB Ratio is 7.31 as of Aug. 31, 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 Proya Cosmetics Co (SHSE:603605) Overvalued in 2026?

Based on GuruFocus' analysis, Proya Cosmetics Co stock appears to be undervalued. The current stock price of ¥60.33 is trading 31.6% below its estimated GF Value™ of ¥88.25. GuruFocus considers Proya Cosmetics Co to be Significantly Undervalued.

Key valuation signals for SHSE:603605:

  • Cyclically Adjusted PB Ratio: 7.31 (18% below median its 10-year median of 8.91)
  • GF Value™: ¥88.25 vs. price of ¥60.33 (31.6% below fair value)
  • GF Score™: 92/100 with 1 warning sign
  • Industry Position: 480.2% above the Consumer Packaged Goods median (#1197 of 1267)

No single metric tells the full story. See the SHSE:603605 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Proya Cosmetics Co Business Description

Address Jiaogong Road No. 18, Area A, Building A, EAC, 16th Floor, Legend City of World Trade Center, Hangzhou, CHN, 310012
Proya Cosmetics Co Ltd is engaged in the research and development, manufacture and sale of skin care and cosmetics products. Its Sells products under Proya, Uzero, Anya, Yoya, and Cats Roses brands in China. It focuses on the application of advanced marine technology, pure clean skin beautifying energy and nursing ingredients.
92GF Score

Get the complete analysis for SHSE:603605

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

¥60.33
Price
¥88.25
GF Value