Clenergy Technology Co (SHSE:603628) Cyclically Adjusted PB Ratio: 2.61 (As of Sep. 13, 2026) — 23% Below Median

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SHSE:603628 Clenergy Technology Co Ltd SHSE:603628
68 GF Score
Price ¥10.50
GF Value ¥11.56
Valuation Fairly Valued
! 9 Warning Signs
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What is Clenergy Technology Co Cyclically Adjusted PB Ratio?

Clenergy Technology Co SHSE:603628 +0.10% 68 Cyclically Adjusted PB Ratio is 2.61 as of Sep. 13, 2026, which is 23% below its 10-year median of 3.40. GuruFocus rates SHSE:603628 with a GF Score™ of 68/100 and a GF Value™ of ¥11.56 (Fairly Valued). The stock has 9 warning signs investors should review. Among 725 Semiconductors companies, Clenergy Technology Co ranks better than 56.14% on this metric.

As of today (2026-09-13), Clenergy Technology Co's current share price is ¥10.50. Clenergy Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ¥4.02. Clenergy Technology Co's Cyclically Adjusted PB Ratio for today is 2.61.

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

SHSE:603628' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.21   Med: 3.4   Max: 4.12
Current: 2.61

During the past years, Clenergy Technology Co's highest Cyclically Adjusted PB Ratio was 4.12. The lowest was 2.21. And the median was 3.40.

SHSE:603628's Cyclically Adjusted PB Ratio is ranked better than
56.14% of 725 companies
in the Semiconductors industry
Industry Median: 3.16 vs SHSE:603628: 2.61

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.

Clenergy Technology Co's adjusted book value per share data for the three months ended in Jun. 2026 was ¥4.886. 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 ¥4.02 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Clenergy Technology Co  (SHSE:603628) 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.


Clenergy Technology Co Cyclically Adjusted PB Ratio Related Terms


Clenergy Technology Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Clenergy Technology 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.

Clenergy Technology Co Cyclically Adjusted PB Ratio Chart

Clenergy Technology 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 3.31 3.40

Clenergy Technology 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 3.20 3.39 3.40 3.78 2.34

SHSE:603628 vs FSLR, NXT, ENPH: Cyclically Adjusted PB Ratio Comparison

For the Solar subindustry, Clenergy Technology 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.


Clenergy Technology Co Cyclically Adjusted PB Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Clenergy Technology Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


SHSE:603628
68GF Score
Clenergy Technology Co Ltd SHSE:603628
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Clenergy Technology 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.

Clenergy Technology Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.50/4.02
=2.61

* 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.

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

For example, Clenergy Technology 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)
=4.886/116.0564*116.0564
=4.886

Current CPI (Jun. 2026) = 116.0564.

Clenergy Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 2.604 102.400 2.951
201612 2.650 102.600 2.998
201703 3.316 103.200 3.729
201706 3.317 103.100 3.734
201709 3.413 104.100 3.805
201712 3.403 104.500 3.779
201803 3.400 105.300 3.747
201806 3.397 104.900 3.758
201809 3.408 106.600 3.710
201812 3.495 106.500 3.809
201903 3.477 107.700 3.747
201906 3.513 107.700 3.786
201909 3.492 109.800 3.691
201912 3.283 111.200 3.426
202003 3.271 112.300 3.380
202006 3.382 110.400 3.555
202009 3.438 111.700 3.572
202012 3.484 111.500 3.626
202103 3.542 112.662 3.649
202106 3.568 111.769 3.705
202109 3.612 112.215 3.736
202112 3.624 113.108 3.718
202203 3.663 114.335 3.718
202206 3.727 114.558 3.776
202209 3.903 115.339 3.927
202212 4.015 115.116 4.048
202303 4.181 115.116 4.215
202306 4.324 114.558 4.381
202309 4.462 115.339 4.490
202312 4.542 114.781 4.592
202403 4.581 115.227 4.614
202406 4.628 114.781 4.679
202409 4.771 115.785 4.782
202412 4.666 114.893 4.713
202503 4.760 115.116 4.799
202506 4.923 114.907 4.972
202509 4.983 115.471 5.008
202512 4.825 115.832 4.834
202603 4.867 116.303 4.857
202606 4.886 116.056 4.886

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 2.61 mean?
Clenergy Technology Co (SHSE:603628) has a Cyclically Adjusted PB Ratio of 2.61 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 Clenergy Technology Co and its competitors. This is 23% below median its historical median of 3.40. Over the past decade, Clenergy Technology Co's Cyclically Adjusted PB Ratio has ranged from 2.21 to 4.12. According to the industry distribution chart, Clenergy Technology Co ranks #318 out of 725 companies in the Semiconductors industry, placing it in the top 43.9%.
Is Clenergy Technology Co's Cyclically Adjusted PB Ratio too high?
Clenergy Technology Co's current Cyclically Adjusted PB Ratio of 2.61 is 23% below median its 10-year median of 3.40. Over the past 10 years, this metric has ranged from a low of 2.21 to a high of 4.12. The Semiconductors industry median Cyclically Adjusted PB Ratio is 3.16. Clenergy Technology Co's value of 2.61 is 17.4% below this industry median. Based on the distribution chart, Clenergy Technology Co ranks #318 out of 725 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Clenergy Technology Co has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Clenergy Technology Co's Cyclically Adjusted PB Ratio compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Clenergy Technology Co ranks #318 out of 725 companies for Cyclically Adjusted PB Ratio. This puts Clenergy Technology Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 3.16. Clenergy Technology Co's value of 2.61 is 17.4% below this benchmark. Historically, Clenergy Technology Co's own Cyclically Adjusted PB Ratio has ranged from 2.21 to 4.12 over the past decade. While the company's 10-year median is 3.40 vs. the industry median of 3.16, Clenergy Technology 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 Semiconductors company?
The median Cyclically Adjusted PB Ratio among Semiconductors companies is 3.16, based on 725 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. Clenergy Technology Co's current Cyclically Adjusted PB Ratio of 2.61 is 17.4% 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 Clenergy Technology Co and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PB Ratio is 3.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Clenergy Technology Co's current Cyclically Adjusted PB Ratio is 2.61, which is 23% below median its own 10-year median of 3.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clenergy Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Clenergy Technology Co (SHSE:603628) is currently considered Fairly Valued. The stock's GF Value™ is ¥11.56, compared to a current price of ¥10.50 — trading 9.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.61, which is 23% below median its 10-year median of 3.40 and 17.4% below the Semiconductors industry median of 3.16. Clenergy Technology Co's overall GF Score™ is 68/100 with 9 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 Clenergy Technology Co (SHSE:603628), the current Cyclically Adjusted PB Ratio is 2.61 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 Clenergy Technology Co (SHSE:603628) Overvalued in 2026?

Based on GuruFocus' analysis, Clenergy Technology Co stock appears to be undervalued. The current stock price of ¥10.50 is trading 9.2% below its estimated GF Value™ of ¥11.56. GuruFocus considers Clenergy Technology Co to be Fairly Valued.

Key valuation signals for SHSE:603628:

  • Cyclically Adjusted PB Ratio: 2.61 (23% below median its 10-year median of 3.40)
  • GF Value™: ¥11.56 vs. price of ¥10.50 (9.2% below fair value)
  • GF Score™: 68/100 with 9 warning signs
  • Industry Position: 17.4% below the Semiconductors median (#318 of 725)

No single metric tells the full story. See the SHSE:603628 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Clenergy Technology Co Business Description

Address No. 1001, No. 1003, No. 1005, No. 1007, No. 1009, Min\'an Avenue, Torch High-tech Zone, Industrial Zone, Xiang’an District, Fujian Province, Xiamen, CHN, 361101
Clenergy Technology Co Ltd is engaged in the research and development, manufacturing and sales of photovoltaic power plant overall solutions and corresponding equipment. It offers smart microgrid solution, AC combiner box, DC combiner box, photovoltaic accessories, ground support systems and other products. In addition, the company is also involved in the clean energy service and clean energy investment.
68GF Score

Get the complete analysis for SHSE:603628

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

¥10.50
Price
¥11.56
GF Value