Anzheng Fashion Group Co (SHSE:603839) Cyclically Adjusted PB Ratio: 1.12 (As of Aug. 28, 2026) — Near Median

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SHSE:603839 Anzheng Fashion Group Co Ltd SHSE:603839
61 GF Score
Price ¥6.86
GF Value ¥7.38
Valuation Fairly Valued
! 6 Warning Signs
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What is Anzheng Fashion Group Co Cyclically Adjusted PB Ratio?

Anzheng Fashion Group Co SHSE:603839 +5.70% 61 Cyclically Adjusted PB Ratio is 1.12 as of Aug. 28, 2026, which is 5% above its 10-year median of 1.07. GuruFocus rates SHSE:603839 with a GF Score™ of 61/100 and a GF Value™ of ¥7.38 (Fairly Valued). The stock has 6 warning signs investors should review. Among 638 Manufacturing - Apparel & Accessories companies, Anzheng Fashion Group Co ranks worse than 58.31% on this metric.

As of today (2026-08-28), Anzheng Fashion Group Co's current share price is ¥6.86. Anzheng Fashion Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ¥6.14. Anzheng Fashion Group Co's Cyclically Adjusted PB Ratio for today is 1.12.

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

SHSE:603839' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.68   Med: 1.07   Max: 1.87
Current: 1.15

During the past years, Anzheng Fashion Group Co's highest Cyclically Adjusted PB Ratio was 1.87. The lowest was 0.68. And the median was 1.07.

SHSE:603839's Cyclically Adjusted PB Ratio is ranked worse than
58.31% of 638 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.93 vs SHSE:603839: 1.15

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.

Anzheng Fashion Group Co's adjusted book value per share data for the three months ended in Mar. 2026 was ¥4.345. 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 ¥6.14 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Anzheng Fashion Group Co  (SHSE:603839) 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.


Anzheng Fashion Group Co Cyclically Adjusted PB Ratio Related Terms


Anzheng Fashion Group Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Anzheng Fashion Group 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.

Anzheng Fashion Group Co Cyclically Adjusted PB Ratio Chart

Anzheng Fashion Group 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 0.91 1.33

Anzheng Fashion Group Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.88 1.19 1.38 1.33 1.23

SHSE:603839 vs RL, LEVI, VFC: Cyclically Adjusted PB Ratio Comparison

For the Apparel Manufacturing subindustry, Anzheng Fashion Group 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.


Anzheng Fashion Group Co Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Anzheng Fashion Group Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Anzheng Fashion Group Co's Cyclically Adjusted PB Ratio falls into.


SHSE:603839
61GF Score
Anzheng Fashion Group Co Ltd SHSE:603839
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Anzheng Fashion Group 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.

Anzheng Fashion Group Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.86/6.14
=1.12

* 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.

Anzheng Fashion Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Anzheng Fashion Group Co's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=4.345/116.3033*116.3033
=4.345

Current CPI (Mar. 2026) = 116.3033.

Anzheng Fashion Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 3.883 101.400 4.454
201609 4.061 102.400 4.612
201612 4.286 102.600 4.858
201703 6.198 103.200 6.985
201706 6.057 103.100 6.833
201709 6.161 104.100 6.883
201712 6.355 104.500 7.073
201803 6.596 105.300 7.285
201806 6.458 104.900 7.160
201809 6.708 106.600 7.319
201812 6.783 106.500 7.407
201903 6.971 107.700 7.528
201906 6.742 107.700 7.281
201909 6.981 109.800 7.394
201912 7.066 111.200 7.390
202003 7.322 112.300 7.583
202006 7.036 110.400 7.412
202009 7.009 111.700 7.298
202012 6.853 111.500 7.148
202103 6.975 112.662 7.200
202106 6.689 111.769 6.960
202109 6.747 112.215 6.993
202112 6.596 113.108 6.782
202203 6.649 114.335 6.763
202206 6.130 114.558 6.223
202209 6.196 115.339 6.248
202212 5.189 115.116 5.243
202303 5.274 115.116 5.328
202306 4.942 114.558 5.017
202309 4.956 115.339 4.997
202312 5.121 114.781 5.189
202403 5.068 115.227 5.115
202406 4.928 114.781 4.993
202409 4.896 115.785 4.918
202412 4.664 114.893 4.721
202503 4.795 115.116 4.844
202506 4.744 114.907 4.802
202509 4.657 115.471 4.691
202512 4.245 115.832 4.262
202603 4.345 116.303 4.345

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 1.12 mean?
Anzheng Fashion Group Co (SHSE:603839) has a Cyclically Adjusted PB Ratio of 1.12 as of Aug. 28, 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 Anzheng Fashion Group Co and its competitors. This is near median its historical median of 1.07. Over the past decade, Anzheng Fashion Group Co's Cyclically Adjusted PB Ratio has ranged from 0.68 to 1.87. According to the industry distribution chart, Anzheng Fashion Group Co ranks #372 out of 638 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 58.3%.
Is Anzheng Fashion Group Co's Cyclically Adjusted PB Ratio too high?
Anzheng Fashion Group Co's current Cyclically Adjusted PB Ratio of 1.12 is near median its 10-year median of 1.07. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 1.87. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PB Ratio is 0.93. Anzheng Fashion Group Co's value of 1.12 is 20.4% above this industry median. Based on the distribution chart, Anzheng Fashion Group Co ranks #372 out of 638 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Anzheng Fashion Group Co has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Anzheng Fashion Group Co's Cyclically Adjusted PB Ratio compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Anzheng Fashion Group Co ranks #372 out of 638 companies for Cyclically Adjusted PB Ratio. This places Anzheng Fashion Group Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.93. Anzheng Fashion Group Co's value of 1.12 is 20.4% above this benchmark. Historically, Anzheng Fashion Group Co's own Cyclically Adjusted PB Ratio has ranged from 0.68 to 1.87 over the past decade. While the company's 10-year median is 1.07 vs. the industry median of 0.93, Anzheng Fashion Group 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 Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted PB Ratio among Manufacturing - Apparel & Accessories companies is 0.93, based on 638 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. Anzheng Fashion Group Co's current Cyclically Adjusted PB Ratio of 1.12 is 20.4% 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 Anzheng Fashion Group Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PB Ratio is 0.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Anzheng Fashion Group Co's current Cyclically Adjusted PB Ratio is 1.12, which is near median its own 10-year median of 1.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anzheng Fashion Group Co stock overvalued right now?
Based on GuruFocus' analysis, Anzheng Fashion Group Co (SHSE:603839) is currently considered Fairly Valued. The stock's GF Value™ is ¥7.38, compared to a current price of ¥6.86 — trading 7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.12, which is near median its 10-year median of 1.07 and 20.4% above the Manufacturing - Apparel & Accessories industry median of 0.93. Anzheng Fashion Group Co's overall GF Score™ is 61/100 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 Anzheng Fashion Group Co (SHSE:603839), the current Cyclically Adjusted PB Ratio is 1.12 as of Aug. 28, 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 Anzheng Fashion Group Co (SHSE:603839) Overvalued in 2026?

Based on GuruFocus' analysis, Anzheng Fashion Group Co stock appears to be undervalued. The current stock price of ¥6.86 is trading 7% below its estimated GF Value™ of ¥7.38. GuruFocus considers Anzheng Fashion Group Co to be Fairly Valued.

Key valuation signals for SHSE:603839:

  • Cyclically Adjusted PB Ratio: 1.12 (near median its 10-year median of 1.07)
  • GF Value™: ¥7.38 vs. price of ¥6.86 (7% below fair value)
  • GF Score™: 61/100 with 6 warning signs
  • Industry Position: 20.4% above the Manufacturing - Apparel & Accessories median (#372 of 638)

No single metric tells the full story. See the SHSE:603839 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Anzheng Fashion Group Co Business Description

Address Linhong Road, Building 7, Lane 168, Changning District, Shanghai, CHN
Anzheng Fashion Group Co Ltd is engaged in manufacturing of apparel and related products. The company offers men's and women's apparel products. The brand portfolio of the company includes JZ, IMM, Anzheng, Michelle Moissac and Fiona Chen.
61GF Score

Get the complete analysis for SHSE:603839

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

¥6.86
Price
¥7.38
GF Value