Jiangsu Xinri E-Vehicle Co (SHSE:603787) Cyclically Adjusted PB Ratio: 1.87 (As of Sep. 06, 2026) — 17% Below Median

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SHSE:603787 Jiangsu Xinri E-Vehicle Co Ltd SHSE:603787
56 GF Score
Price ¥10.32
GF Value ¥11.78
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Jiangsu Xinri E-Vehicle Co Cyclically Adjusted PB Ratio?

Jiangsu Xinri E-Vehicle Co SHSE:603787 +0.39% 56 Cyclically Adjusted PB Ratio is 1.87 as of Sep. 06, 2026, which is 17% below its 10-year median of 2.25. GuruFocus rates SHSE:603787 with a GF Score™ of 56/100 and a GF Value™ of ¥11.78 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 925 Vehicles & Parts companies, Jiangsu Xinri E-Vehicle Co ranks worse than 64.32% on this metric.

As of today (2026-09-06), Jiangsu Xinri E-Vehicle Co's current share price is ¥10.32. Jiangsu Xinri E-Vehicle Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ¥5.53. Jiangsu Xinri E-Vehicle Co's Cyclically Adjusted PB Ratio for today is 1.87.

The historical rank and industry rank for Jiangsu Xinri E-Vehicle Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:603787' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.66   Med: 2.25   Max: 2.75
Current: 1.87

During the past years, Jiangsu Xinri E-Vehicle Co's highest Cyclically Adjusted PB Ratio was 2.75. The lowest was 1.66. And the median was 2.25.

SHSE:603787's Cyclically Adjusted PB Ratio is ranked worse than
64.32% of 925 companies
in the Vehicles & Parts industry
Industry Median: 1.22 vs SHSE:603787: 1.87

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.

Jiangsu Xinri E-Vehicle Co's adjusted book value per share data for the three months ended in Jun. 2026 was ¥6.588. 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 ¥5.53 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jiangsu Xinri E-Vehicle Co  (SHSE:603787) 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.


Jiangsu Xinri E-Vehicle Co Cyclically Adjusted PB Ratio Related Terms


Jiangsu Xinri E-Vehicle Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Jiangsu Xinri E-Vehicle 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.

Jiangsu Xinri E-Vehicle Co Cyclically Adjusted PB Ratio Chart

Jiangsu Xinri E-Vehicle 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 2.05 2.57

Jiangsu Xinri E-Vehicle 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 2.34 2.25 2.57 3.00 1.64

SHSE:603787 vs BC, THO, PII: Cyclically Adjusted PB Ratio Comparison

For the Recreational Vehicles subindustry, Jiangsu Xinri E-Vehicle 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.


Jiangsu Xinri E-Vehicle Co Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Jiangsu Xinri E-Vehicle Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Jiangsu Xinri E-Vehicle Co's Cyclically Adjusted PB Ratio falls into.


SHSE:603787
56GF Score
Jiangsu Xinri E-Vehicle Co Ltd SHSE:603787
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Jiangsu Xinri E-Vehicle 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.

Jiangsu Xinri E-Vehicle Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.32/5.53
=1.87

* 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.

Jiangsu Xinri E-Vehicle Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Jiangsu Xinri E-Vehicle 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)
=6.588/116.0564*116.0564
=6.588

Current CPI (Jun. 2026) = 116.0564.

Jiangsu Xinri E-Vehicle Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 3.601 102.400 4.081
201612 3.483 102.600 3.940
201703 2.688 103.200 3.023
201706 4.129 103.100 4.648
201709 4.302 104.100 4.796
201712 4.308 104.500 4.784
201803 4.387 105.300 4.835
201806 4.425 104.900 4.896
201809 4.616 106.600 5.025
201812 4.626 106.500 5.041
201903 4.706 107.700 5.071
201906 4.620 107.700 4.978
201909 4.821 109.800 5.096
201912 4.723 111.200 4.929
202003 4.608 112.300 4.762
202006 4.801 110.400 5.047
202009 5.215 111.700 5.418
202012 5.099 111.500 5.307
202103 5.190 112.662 5.346
202106 4.902 111.769 5.090
202109 5.008 112.215 5.179
202112 4.907 113.108 5.035
202203 4.986 114.335 5.061
202206 5.156 114.558 5.223
202209 5.574 115.339 5.609
202212 5.663 115.116 5.709
202303 5.210 115.116 5.253
202306 6.511 114.558 6.596
202309 6.748 115.339 6.790
202312 6.718 114.781 6.793
202403 6.826 115.227 6.875
202406 6.762 114.781 6.837
202409 6.898 115.785 6.914
202412 6.624 114.893 6.691
202503 6.755 115.116 6.810
202506 6.779 114.907 6.847
202509 6.909 115.471 6.944
202512 6.614 115.832 6.627
202603 6.709 116.303 6.695
202606 6.588 116.056 6.588

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 1.87 mean?
Jiangsu Xinri E-Vehicle Co (SHSE:603787) has a Cyclically Adjusted PB Ratio of 1.87 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 Jiangsu Xinri E-Vehicle Co and its competitors. This is 17% below median its historical median of 2.25. Over the past decade, Jiangsu Xinri E-Vehicle Co's Cyclically Adjusted PB Ratio has ranged from 1.66 to 2.75. According to the industry distribution chart, Jiangsu Xinri E-Vehicle Co ranks #595 out of 925 companies in the Vehicles & Parts industry, placing it in the top 64.3%.
Is Jiangsu Xinri E-Vehicle Co's Cyclically Adjusted PB Ratio too high?
Jiangsu Xinri E-Vehicle Co's current Cyclically Adjusted PB Ratio of 1.87 is 17% below median its 10-year median of 2.25. Over the past 10 years, this metric has ranged from a low of 1.66 to a high of 2.75. The Vehicles & Parts industry median Cyclically Adjusted PB Ratio is 1.22. Jiangsu Xinri E-Vehicle Co's value of 1.87 is 53.3% above this industry median. Based on the distribution chart, Jiangsu Xinri E-Vehicle Co ranks #595 out of 925 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Jiangsu Xinri E-Vehicle Co has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu Xinri E-Vehicle Co's Cyclically Adjusted PB Ratio compare to BC and THO?
According to the Vehicles & Parts industry distribution chart, Jiangsu Xinri E-Vehicle Co ranks #595 out of 925 companies for Cyclically Adjusted PB Ratio. This places Jiangsu Xinri E-Vehicle Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.22. Jiangsu Xinri E-Vehicle Co's value of 1.87 is 53.3% above this benchmark. Historically, Jiangsu Xinri E-Vehicle Co's own Cyclically Adjusted PB Ratio has ranged from 1.66 to 2.75 over the past decade. While the company's 10-year median is 2.25 vs. the industry median of 1.22, Jiangsu Xinri E-Vehicle 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. Jiangsu Xinri E-Vehicle Co's current Cyclically Adjusted PB Ratio of 1.87 is 53.3% 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 Jiangsu Xinri E-Vehicle 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. Jiangsu Xinri E-Vehicle Co's current Cyclically Adjusted PB Ratio is 1.87, which is 17% below median its own 10-year median of 2.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu Xinri E-Vehicle Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu Xinri E-Vehicle Co (SHSE:603787) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥11.78, compared to a current price of ¥10.32 — trading 12.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.87, which is 17% below median its 10-year median of 2.25 and 53.3% above the Vehicles & Parts industry median of 1.22. Jiangsu Xinri E-Vehicle Co's overall GF Score™ is 56/100 with 6 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 Jiangsu Xinri E-Vehicle Co (SHSE:603787), the current Cyclically Adjusted PB Ratio is 1.87 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 Jiangsu Xinri E-Vehicle Co (SHSE:603787) Overvalued in 2026?

Based on GuruFocus' analysis, Jiangsu Xinri E-Vehicle Co stock appears to be undervalued. The current stock price of ¥10.32 is trading 12.4% below its estimated GF Value™ of ¥11.78. GuruFocus considers Jiangsu Xinri E-Vehicle Co to be Modestly Undervalued.

Key valuation signals for SHSE:603787:

  • Cyclically Adjusted PB Ratio: 1.87 (17% below median its 10-year median of 2.25)
  • GF Value™: ¥11.78 vs. price of ¥10.32 (12.4% below fair value)
  • GF Score™: 56/100 with 6 warning signs
  • Industry Position: 53.3% above the Vehicles & Parts median (#595 of 925)

No single metric tells the full story. See the SHSE:603787 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jiangsu Xinri E-Vehicle Co Business Description

Address No. 501, Xishan Avenue, Xishan District, Jiangsu Province, Wuxi, CHN, 214105
Jiangsu Xinri E-Vehicle Co Ltd mainly is engaged in the research, development, production, and sales of green transportation in China. Its main products include other non-motor vehicles, electric bicycles, electric sightseeing cars, electric tricycles and so on.
56GF Score

Get the complete analysis for SHSE:603787

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

¥10.32
Price
¥11.78
GF Value