Keboda Technology Co (SHSE:603786) Cyclically Adjusted PB Ratio: 4.39 (As of Sep. 06, 2026) — 52% 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:603786 Keboda Technology Co Ltd SHSE:603786
87 GF Score
Price ¥39.52
GF Value ¥75.98
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Keboda Technology Co Cyclically Adjusted PB Ratio?

Keboda Technology Co SHSE:603786 -0.65% 87 Cyclically Adjusted PB Ratio is 4.39 as of Sep. 06, 2026, which is 52% below its 10-year median of 9.19. GuruFocus rates SHSE:603786 with a GF Score™ of 87/100 and a GF Value™ of ¥75.98 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 925 Vehicles & Parts companies, Keboda Technology Co ranks worse than 87.78% on this metric.

As of today (2026-09-06), Keboda Technology Co's current share price is ¥39.52. Keboda Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ¥9.00. Keboda Technology Co's Cyclically Adjusted PB Ratio for today is 4.39.

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

SHSE:603786' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.29   Med: 9.19   Max: 16.25
Current: 4.39

During the past years, Keboda Technology Co's highest Cyclically Adjusted PB Ratio was 16.25. The lowest was 4.29. And the median was 9.19.

SHSE:603786's Cyclically Adjusted PB Ratio is ranked worse than
87.78% of 925 companies
in the Vehicles & Parts industry
Industry Median: 1.22 vs SHSE:603786: 4.39

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.

Keboda Technology Co's adjusted book value per share data for the three months ended in Jun. 2026 was ¥14.052. 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 ¥9.00 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Keboda Technology Co  (SHSE:603786) 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.


Keboda Technology Co Cyclically Adjusted PB Ratio Related Terms


Keboda Technology Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Keboda 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.

Keboda Technology Co Cyclically Adjusted PB Ratio Chart

Keboda 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 12.73 9.00 9.42

Keboda 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 7.34 13.20 9.42 6.28 4.54

SHSE:603786 vs ORLY, AZO, GPC: Cyclically Adjusted PB Ratio Comparison

For the Auto Parts subindustry, Keboda 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.


Keboda Technology Co Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

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

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


SHSE:603786
87GF Score
Keboda Technology Co Ltd SHSE:603786
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Keboda 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=39.52/9.00
=4.39

* 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.

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

For example, Keboda 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)
=14.052/116.0564*116.0564
=14.052

Current CPI (Jun. 2026) = 116.0564.

Keboda Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201303 0.937 96.372 1.128
201306 1.120 95.984 1.354
201309 1.199 97.332 1.430
201412 2.432 99.000 2.851
201512 2.986 100.600 3.445
201612 2.306 102.600 2.608
201706 3.370 103.100 3.794
201712 4.009 104.500 4.452
201809 0.000 106.600 0.000
201812 5.240 106.500 5.710
201903 0.000 107.700 0.000
201906 5.358 107.700 5.774
201909 5.134 109.800 5.427
201912 8.100 111.200 8.454
202003 8.358 112.300 8.638
202006 8.295 110.400 8.720
202009 8.592 111.700 8.927
202012 9.529 111.500 9.918
202103 9.845 112.662 10.142
202106 9.713 111.769 10.086
202109 9.682 112.215 10.013
202112 10.197 113.108 10.463
202203 10.171 114.335 10.324
202206 10.080 114.558 10.212
202209 10.367 115.339 10.432
202212 10.288 115.116 10.372
202303 10.664 115.116 10.751
202306 10.570 114.558 10.708
202309 11.122 115.339 11.191
202312 11.533 114.781 11.661
202403 12.099 115.227 12.186
202406 11.896 114.781 12.028
202409 12.556 115.785 12.585
202412 13.100 114.893 13.233
202503 13.526 115.116 13.637
202506 13.537 114.907 13.672
202509 13.487 115.471 13.555
202512 13.945 115.832 13.972
202603 14.284 116.303 14.254
202606 14.052 116.056 14.052

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 4.39 mean?
Keboda Technology Co (SHSE:603786) has a Cyclically Adjusted PB Ratio of 4.39 as of Sep. 06, 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 Keboda Technology Co and its competitors. This is 52% below median its historical median of 9.19. Over the past decade, Keboda Technology Co's Cyclically Adjusted PB Ratio has ranged from 4.29 to 16.25. According to the industry distribution chart, Keboda Technology Co ranks #812 out of 925 companies in the Vehicles & Parts industry, placing it in the top 87.8%.
Is Keboda Technology Co's Cyclically Adjusted PB Ratio too high?
Keboda Technology Co's current Cyclically Adjusted PB Ratio of 4.39 is 52% below median its 10-year median of 9.19. Over the past 10 years, this metric has ranged from a low of 4.29 to a high of 16.25. The Vehicles & Parts industry median Cyclically Adjusted PB Ratio is 1.22. Keboda Technology Co's value of 4.39 is 259.8% above this industry median. Based on the distribution chart, Keboda Technology Co ranks #812 out of 925 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Keboda Technology Co has a GF Score™ of 87/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Keboda Technology Co's Cyclically Adjusted PB Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Keboda Technology Co ranks #812 out of 925 companies for Cyclically Adjusted PB Ratio. This places Keboda Technology Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.22. Keboda Technology Co's value of 4.39 is 259.8% above this benchmark. Historically, Keboda Technology Co's own Cyclically Adjusted PB Ratio has ranged from 4.29 to 16.25 over the past decade. While the company's 10-year median is 9.19 vs. the industry median of 1.22, Keboda Technology 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 1.22, based on 925 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. Keboda Technology Co's current Cyclically Adjusted PB Ratio of 4.39 is 259.8% 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 Keboda Technology Co and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PB Ratio is 1.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Keboda Technology Co's current Cyclically Adjusted PB Ratio is 4.39, which is 52% below median its own 10-year median of 9.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keboda Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Keboda Technology Co (SHSE:603786) is currently considered Possible Value Trap. The stock's GF Value™ is ¥75.98, compared to a current price of ¥39.52 — trading 48% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.39, which is 52% below median its 10-year median of 9.19 and 259.8% above the Vehicles & Parts industry median of 1.22. Keboda Technology Co's overall GF Score™ is 87/100 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 Keboda Technology Co (SHSE:603786), the current Cyclically Adjusted PB Ratio is 4.39 as of Sep. 06, 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 Keboda Technology Co (SHSE:603786) Overvalued in 2026?

Based on GuruFocus' analysis, Keboda Technology Co stock appears to be undervalued. The current stock price of ¥39.52 is trading 48% below its estimated GF Value™ of ¥75.98. GuruFocus considers Keboda Technology Co to be Possible Value Trap.

Key valuation signals for SHSE:603786:

  • Cyclically Adjusted PB Ratio: 4.39 (52% below median its 10-year median of 9.19)
  • GF Value™: ¥75.98 vs. price of ¥39.52 (48% below fair value)
  • GF Score™: 87/100 with 7 warning signs
  • Industry Position: 259.8% above the Vehicles & Parts median (#812 of 925)

No single metric tells the full story. See the SHSE:603786 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Keboda Technology Co Business Description

Address No. 2388, Zuchongzhi Road, Building 1-2, Pilot Free Trade Zone, Shanghai, CHN, 201203
Keboda Technology Co Ltd is engaged in the research and development, production and sales of automotive electronics related products. It offers automotive lighting control systems, motor control systems, energy management systems and other electronic products.
87GF Score

Get the complete analysis for SHSE:603786

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

¥39.52
Price
¥75.98
GF Value