Loncin Motor Co (SHSE:603766) Cyclically Adjusted PB Ratio: 3.95 (As of Sep. 15, 2026) — 124% Above 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:603766 Loncin Motor Co Ltd SHSE:603766
91 GF Score
Price ¥15.26
GF Value ¥12.85
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Loncin Motor Co Cyclically Adjusted PB Ratio?

Loncin Motor Co SHSE:603766 +3.04% 91 Cyclically Adjusted PB Ratio is 3.95 as of Sep. 15, 2026, which is 124% above its 10-year median of 1.76. GuruFocus rates SHSE:603766 with a GF Score™ of 91/100 and a GF Value™ of ¥12.85 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 926 Vehicles & Parts companies, Loncin Motor Co ranks worse than 84.88% on this metric.

As of today (2026-09-15), Loncin Motor Co's current share price is ¥15.26. Loncin Motor Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ¥3.86. Loncin Motor Co's Cyclically Adjusted PB Ratio for today is 3.95.

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

SHSE:603766' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.1   Med: 1.76   Max: 4.36
Current: 3.66

During the past years, Loncin Motor Co's highest Cyclically Adjusted PB Ratio was 4.36. The lowest was 1.10. And the median was 1.76.

SHSE:603766's Cyclically Adjusted PB Ratio is ranked worse than
84.88% of 926 companies
in the Vehicles & Parts industry
Industry Median: 1.21 vs SHSE:603766: 3.66

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.

Loncin Motor Co's adjusted book value per share data for the three months ended in Jun. 2026 was ¥4.455. 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 ¥3.86 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Loncin Motor Co  (SHSE:603766) 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.


Loncin Motor Co Cyclically Adjusted PB Ratio Related Terms


Loncin Motor Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Loncin Motor 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.

Loncin Motor Co Cyclically Adjusted PB Ratio Chart

Loncin Motor 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 1.90 1.55 1.55 2.58 4.27

Loncin Motor 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 3.51 3.24 4.27 3.53 3.09

SHSE:603766 vs TSLA, GM, F: Cyclically Adjusted PB Ratio Comparison

For the Auto Manufacturers subindustry, Loncin Motor 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.


Loncin Motor Co Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Loncin Motor Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


SHSE:603766
91GF Score
Loncin Motor Co Ltd SHSE:603766
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Loncin Motor 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.

Loncin Motor Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=15.26/3.86
=3.95

* 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.

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

For example, Loncin Motor 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)
=4.455/116.0564*116.0564
=4.455

Current CPI (Jun. 2026) = 116.0564.

Loncin Motor Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 2.770 102.400 3.139
201612 2.879 102.600 3.257
201703 2.988 103.200 3.360
201706 2.919 103.100 3.286
201709 3.002 104.100 3.347
201712 3.135 104.500 3.482
201803 3.234 105.300 3.564
201806 3.001 104.900 3.320
201809 3.005 106.600 3.272
201812 3.116 106.500 3.396
201903 3.209 107.700 3.458
201906 3.300 107.700 3.556
201909 3.414 109.800 3.609
201912 3.374 111.200 3.521
202003 3.426 112.300 3.541
202006 3.532 110.400 3.713
202009 3.516 111.700 3.653
202012 3.505 111.500 3.648
202103 3.583 112.662 3.691
202106 3.671 111.769 3.812
202109 3.764 112.215 3.893
202112 3.606 113.108 3.700
202203 3.743 114.335 3.799
202206 3.819 114.558 3.869
202209 3.934 115.339 3.958
202212 3.805 115.116 3.836
202303 3.894 115.116 3.926
202306 3.974 114.558 4.026
202309 4.120 115.339 4.146
202312 4.019 114.781 4.064
202403 4.143 115.227 4.173
202406 4.203 114.781 4.250
202409 4.355 115.785 4.365
202412 4.469 114.893 4.514
202503 4.717 115.116 4.756
202506 4.595 114.907 4.641
202509 4.838 115.471 4.863
202512 4.667 115.832 4.676
202603 4.701 116.303 4.691
202606 4.455 116.056 4.455

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 3.95 mean?
Loncin Motor Co (SHSE:603766) has a Cyclically Adjusted PB Ratio of 3.95 as of Sep. 15, 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 Loncin Motor Co and its competitors. This is 124% above median its historical median of 1.76. Over the past decade, Loncin Motor Co's Cyclically Adjusted PB Ratio has ranged from 1.10 to 4.36. According to the industry distribution chart, Loncin Motor Co ranks #786 out of 926 companies in the Vehicles & Parts industry, placing it in the top 84.9%.
Is Loncin Motor Co's Cyclically Adjusted PB Ratio too high?
Loncin Motor Co's current Cyclically Adjusted PB Ratio of 3.95 is 124% above median its 10-year median of 1.76. Over the past 10 years, this metric has ranged from a low of 1.10 to a high of 4.36. The Vehicles & Parts industry median Cyclically Adjusted PB Ratio is 1.21. Loncin Motor Co's value of 3.95 is 226.4% above this industry median. Based on the distribution chart, Loncin Motor Co ranks #786 out of 926 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Loncin Motor Co has a GF Score™ of 91/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Loncin Motor Co's Cyclically Adjusted PB Ratio compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Loncin Motor Co ranks #786 out of 926 companies for Cyclically Adjusted PB Ratio. This places Loncin Motor Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.21. Loncin Motor Co's value of 3.95 is 226.4% above this benchmark. Historically, Loncin Motor Co's own Cyclically Adjusted PB Ratio has ranged from 1.10 to 4.36 over the past decade. While the company's 10-year median is 1.76 vs. the industry median of 1.21, Loncin Motor 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 Vehicles & Parts company?
The median Cyclically Adjusted PB Ratio among Vehicles & Parts companies is 1.21, based on 926 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. Loncin Motor Co's current Cyclically Adjusted PB Ratio of 3.95 is 226.4% 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 Loncin Motor Co and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PB Ratio is 1.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Loncin Motor Co's current Cyclically Adjusted PB Ratio is 3.95, which is 124% above median its own 10-year median of 1.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Loncin Motor Co stock overvalued right now?
Based on GuruFocus' analysis, Loncin Motor Co (SHSE:603766) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥12.85, compared to a current price of ¥15.26 — trading 18.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.95, which is 124% above median its 10-year median of 1.76 and 226.4% above the Vehicles & Parts industry median of 1.21. Loncin Motor Co's overall GF Score™ is 91/100 with 4 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 Loncin Motor Co (SHSE:603766), the current Cyclically Adjusted PB Ratio is 3.95 as of Sep. 15, 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 Loncin Motor Co (SHSE:603766) Overvalued in 2026?

Based on GuruFocus' analysis, Loncin Motor Co stock appears to be overvalued. The current stock price of ¥15.26 is trading 18.8% above its estimated GF Value™ of ¥12.85. GuruFocus considers Loncin Motor Co to be Modestly Overvalued.

Key valuation signals for SHSE:603766:

  • Cyclically Adjusted PB Ratio: 3.95 (124% above median its 10-year median of 1.76)
  • GF Value™: ¥12.85 vs. price of ¥15.26 (18.8% above fair value)
  • GF Score™: 91/100 with 4 warning signs
  • Industry Position: 226.4% above the Vehicles & Parts median (#786 of 926)

No single metric tells the full story. See the SHSE:603766 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Loncin Motor Co Business Description

Address No.116 Juye Road, C Area of Jiulong Industrial Park, Jiulongpo District, Chongqing, CHN, 400052
Loncin Motor Co Ltd is a China-based company engaged in manufacturing recreational vehicles, light-duty power units, engines and engine parts, and farm machinery. It is also involved in the development and incubation of burgeoning businesses with core technology of internal combustion engine as the platform.
91GF Score

Get the complete analysis for SHSE:603766

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

¥15.26
Price
¥12.85
GF Value