Grand Sunergy Tech Co (SHSE:603778) Cyclically Adjusted PB Ratio: 5.64 (As of Sep. 13, 2026) — 162% 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:603778 Grand Sunergy Tech Co Ltd SHSE:603778
41 GF Score
Price ¥9.98
GF Value ¥3.18
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Grand Sunergy Tech Co Cyclically Adjusted PB Ratio?

Grand Sunergy Tech Co SHSE:603778 -4.22% 41 Cyclically Adjusted PB Ratio is 5.64 as of Sep. 13, 2026, which is 162% above its 10-year median of 2.15. GuruFocus rates SHSE:603778 with a GF Score™ of 41/100 and a GF Value™ of ¥3.18 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,239 Construction companies, Grand Sunergy Tech Co ranks worse than 91.28% on this metric.

As of today (2026-09-13), Grand Sunergy Tech Co's current share price is ¥9.98. Grand Sunergy Tech Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ¥1.77. Grand Sunergy Tech Co's Cyclically Adjusted PB Ratio for today is 5.64.

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

SHSE:603778' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.35   Med: 2.15   Max: 17.16
Current: 5.64

During the past years, Grand Sunergy Tech Co's highest Cyclically Adjusted PB Ratio was 17.16. The lowest was 1.35. And the median was 2.15.

SHSE:603778's Cyclically Adjusted PB Ratio is ranked worse than
91.28% of 1239 companies
in the Construction industry
Industry Median: 1.14 vs SHSE:603778: 5.64

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.

Grand Sunergy Tech Co's adjusted book value per share data for the three months ended in Jun. 2026 was ¥0.354. 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 ¥1.77 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Grand Sunergy Tech Co  (SHSE:603778) 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.


Grand Sunergy Tech Co Cyclically Adjusted PB Ratio Related Terms


Grand Sunergy Tech Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Grand Sunergy Tech 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.

Grand Sunergy Tech Co Cyclically Adjusted PB Ratio Chart

Grand Sunergy Tech 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 2.92 1.61 9.53

Grand Sunergy Tech 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 1.80 1.85 9.53 13.77 6.95

SHSE:603778 vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, Grand Sunergy Tech 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.


Grand Sunergy Tech Co Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Grand Sunergy Tech Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Grand Sunergy Tech Co's Cyclically Adjusted PB Ratio falls into.


SHSE:603778
41GF Score
Grand Sunergy Tech Co Ltd SHSE:603778
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Grand Sunergy Tech 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.

Grand Sunergy Tech Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.98/1.77
=5.64

* 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.

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

For example, Grand Sunergy Tech 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)
=0.354/116.0564*116.0564
=0.354

Current CPI (Jun. 2026) = 116.0564.

Grand Sunergy Tech Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 1.827 102.400 2.071
201612 1.888 102.600 2.136
201703 1.902 103.200 2.139
201706 1.900 103.100 2.139
201709 1.923 104.100 2.144
201712 2.038 104.500 2.263
201803 2.043 105.300 2.252
201806 2.043 104.900 2.260
201809 2.058 106.600 2.241
201812 2.002 106.500 2.182
201903 2.014 107.700 2.170
201906 2.032 107.700 2.190
201909 2.034 109.800 2.150
201912 1.985 111.200 2.072
202003 1.968 112.300 2.034
202006 1.994 110.400 2.096
202009 1.541 111.700 1.601
202012 2.218 111.500 2.309
202103 2.166 112.662 2.231
202106 2.182 111.769 2.266
202109 2.125 112.215 2.198
202112 1.886 113.108 1.935
202203 1.830 114.335 1.858
202206 1.838 114.558 1.862
202209 1.809 115.339 1.820
202212 1.586 115.116 1.599
202303 1.605 115.116 1.618
202306 1.605 114.558 1.626
202309 1.657 115.339 1.667
202312 1.473 114.781 1.489
202403 1.402 115.227 1.412
202406 1.314 114.781 1.329
202409 1.243 115.785 1.246
202412 1.316 114.893 1.329
202503 1.259 115.116 1.269
202506 1.186 114.907 1.198
202509 1.108 115.471 1.114
202512 0.473 115.832 0.474
202603 0.428 116.303 0.427
202606 0.354 116.056 0.354

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 5.64 mean?
Grand Sunergy Tech Co (SHSE:603778) has a Cyclically Adjusted PB Ratio of 5.64 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 Grand Sunergy Tech Co and its competitors. This is 162% above median its historical median of 2.15. Over the past decade, Grand Sunergy Tech Co's Cyclically Adjusted PB Ratio has ranged from 1.35 to 17.16. According to the industry distribution chart, Grand Sunergy Tech Co ranks #1131 out of 1239 companies in the Construction industry, placing it in the top 91.3%.
Is Grand Sunergy Tech Co's Cyclically Adjusted PB Ratio too high?
Grand Sunergy Tech Co's current Cyclically Adjusted PB Ratio of 5.64 is 162% above median its 10-year median of 2.15. Over the past 10 years, this metric has ranged from a low of 1.35 to a high of 17.16. The Construction industry median Cyclically Adjusted PB Ratio is 1.14. Grand Sunergy Tech Co's value of 5.64 is 394.7% above this industry median. Based on the distribution chart, Grand Sunergy Tech Co ranks #1131 out of 1239 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Grand Sunergy Tech Co has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Grand Sunergy Tech Co's Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Grand Sunergy Tech Co ranks #1131 out of 1239 companies for Cyclically Adjusted PB Ratio. This places Grand Sunergy Tech Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.14. Grand Sunergy Tech Co's value of 5.64 is 394.7% above this benchmark. Historically, Grand Sunergy Tech Co's own Cyclically Adjusted PB Ratio has ranged from 1.35 to 17.16 over the past decade. While the company's 10-year median is 2.15 vs. the industry median of 1.14, Grand Sunergy Tech 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 Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.14, based on 1,239 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. Grand Sunergy Tech Co's current Cyclically Adjusted PB Ratio of 5.64 is 394.7% 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 Grand Sunergy Tech Co and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grand Sunergy Tech Co's current Cyclically Adjusted PB Ratio is 5.64, which is 162% above median its own 10-year median of 2.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grand Sunergy Tech Co stock overvalued right now?
Based on GuruFocus' analysis, Grand Sunergy Tech Co (SHSE:603778) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥3.18, compared to a current price of ¥9.98 — trading 213.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 5.64, which is 162% above median its 10-year median of 2.15 and 394.7% above the Construction industry median of 1.14. Grand Sunergy Tech Co's overall GF Score™ is 41/100 with 7 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 Grand Sunergy Tech Co (SHSE:603778), the current Cyclically Adjusted PB Ratio is 5.64 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 Grand Sunergy Tech Co (SHSE:603778) Overvalued in 2026?

Based on GuruFocus' analysis, Grand Sunergy Tech Co stock appears to be overvalued. The current stock price of ¥9.98 is trading 213.8% above its estimated GF Value™ of ¥3.18. GuruFocus considers Grand Sunergy Tech Co to be Significantly Overvalued.

Key valuation signals for SHSE:603778:

  • Cyclically Adjusted PB Ratio: 5.64 (162% above median its 10-year median of 2.15)
  • GF Value™: ¥3.18 vs. price of ¥9.98 (213.8% above fair value)
  • GF Score™: 41/100 with 7 warning signs
  • Industry Position: 394.7% above the Construction median (#1131 of 1239)

No single metric tells the full story. See the SHSE:603778 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Grand Sunergy Tech Co Business Description

Address No. 1 Xinyuan Road, Mentou, Haidian District, Beijing, CHN, 100093
Grand Sunergy Tech Co Ltd is engaged in Garden engineering construction, garden landscape design, seedling planting and garden greening maintenance.
41GF Score

Get the complete analysis for SHSE:603778

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

¥9.98
Price
¥3.18
GF Value