Warom Technology Co (SHSE:603855) Cyclically Adjusted PB Ratio: 3.08 (As of Aug. 26, 2026) — 22% 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:603855 Warom Technology Inc Co SHSE:603855
96 GF Score
Price ¥16.01
GF Value ¥19.38
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Warom Technology Co Cyclically Adjusted PB Ratio?

Warom Technology Co SHSE:603855 -0.19% 96 Cyclically Adjusted PB Ratio is 3.08 as of Aug. 26, 2026, which is 22% below its 10-year median of 3.97. GuruFocus rates SHSE:603855 with a GF Score™ of 96/100 and a GF Value™ of ¥19.38 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,112 Industrial Products companies, Warom Technology Co ranks worse than 64.49% on this metric.

As of today (2026-08-26), Warom Technology Co's current share price is ¥16.01. Warom Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ¥5.20. Warom Technology Co's Cyclically Adjusted PB Ratio for today is 3.08.

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

SHSE:603855' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.05   Med: 3.97   Max: 5.37
Current: 3.08

During the past years, Warom Technology Co's highest Cyclically Adjusted PB Ratio was 5.37. The lowest was 3.05. And the median was 3.97.

SHSE:603855's Cyclically Adjusted PB Ratio is ranked worse than
64.49% of 2112 companies
in the Industrial Products industry
Industry Median: 2.1 vs SHSE:603855: 3.08

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.

Warom Technology Co's adjusted book value per share data for the three months ended in Mar. 2026 was ¥6.656. 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 ¥5.20 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Warom Technology Co  (SHSE:603855) 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.


Warom Technology Co Cyclically Adjusted PB Ratio Related Terms


Warom Technology Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Warom 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.

Warom Technology Co Cyclically Adjusted PB Ratio Chart

Warom 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 0.00 4.27 3.77

Warom Technology 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 4.40 4.48 4.02 3.77 3.63

SHSE:603855 vs VRT, BE: Cyclically Adjusted PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, Warom 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.


Warom Technology Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Warom Technology Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


SHSE:603855
96GF Score
Warom Technology Inc Co SHSE:603855
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Warom 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=16.01/5.20
=3.08

* 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.

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

For example, Warom Technology 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)
=6.656/116.3033*116.3033
=6.656

Current CPI (Mar. 2026) = 116.3033.

Warom Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 101.400 0.000
201609 0.000 102.400 0.000
201612 3.214 102.600 3.643
201703 2.231 103.200 2.514
201706 4.010 103.100 4.524
201709 4.105 104.100 4.586
201712 4.292 104.500 4.777
201803 4.354 105.300 4.809
201806 4.261 104.900 4.724
201809 4.407 106.600 4.808
201812 4.358 106.500 4.759
201903 4.463 107.700 4.820
201906 4.401 107.700 4.753
201909 4.562 109.800 4.832
201912 4.539 111.200 4.747
202003 4.588 112.300 4.752
202006 4.654 110.400 4.903
202009 4.905 111.700 5.107
202012 4.800 111.500 5.007
202103 4.844 112.662 5.001
202106 4.576 111.769 4.762
202109 4.943 112.215 5.123
202112 5.203 113.108 5.350
202203 5.390 114.335 5.483
202206 5.680 114.558 5.767
202209 5.096 115.339 5.139
202212 5.322 115.116 5.377
202303 5.583 115.116 5.641
202306 4.932 114.558 5.007
202309 5.247 115.339 5.291
202312 5.746 114.781 5.822
202403 6.020 115.227 6.076
202406 5.400 114.781 5.472
202409 5.771 115.785 5.797
202412 6.279 114.893 6.356
202503 6.631 115.116 6.699
202506 5.893 114.907 5.965
202509 6.200 115.471 6.245
202512 6.388 115.832 6.414
202603 6.656 116.303 6.656

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 3.08 mean?
Warom Technology Co (SHSE:603855) has a Cyclically Adjusted PB Ratio of 3.08 as of Aug. 26, 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 Warom Technology Co and its competitors. This is 22% below median its historical median of 3.97. Over the past decade, Warom Technology Co's Cyclically Adjusted PB Ratio has ranged from 3.05 to 5.37. According to the industry distribution chart, Warom Technology Co ranks #1362 out of 2112 companies in the Industrial Products industry, placing it in the top 64.5%.
Is Warom Technology Co's Cyclically Adjusted PB Ratio too high?
Warom Technology Co's current Cyclically Adjusted PB Ratio of 3.08 is 22% below median its 10-year median of 3.97. Over the past 10 years, this metric has ranged from a low of 3.05 to a high of 5.37. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.10. Warom Technology Co's value of 3.08 is 46.7% above this industry median. Based on the distribution chart, Warom Technology Co ranks #1362 out of 2112 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Warom Technology Co has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Warom Technology Co's Cyclically Adjusted PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Warom Technology Co ranks #1362 out of 2112 companies for Cyclically Adjusted PB Ratio. This places Warom Technology Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.10. Warom Technology Co's value of 3.08 is 46.7% above this benchmark. Historically, Warom Technology Co's own Cyclically Adjusted PB Ratio has ranged from 3.05 to 5.37 over the past decade. While the company's 10-year median is 3.97 vs. the industry median of 2.10, Warom 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.10, based on 2,112 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. Warom Technology Co's current Cyclically Adjusted PB Ratio of 3.08 is 46.7% 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 Warom Technology Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Warom Technology Co's current Cyclically Adjusted PB Ratio is 3.08, which is 22% below median its own 10-year median of 3.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Warom Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Warom Technology Co (SHSE:603855) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥19.38, compared to a current price of ¥16.01 — trading 17.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.08, which is 22% below median its 10-year median of 3.97 and 46.7% above the Industrial Products industry median of 2.10. Warom Technology Co's overall GF Score™ is 96/100 with 5 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 Warom Technology Co (SHSE:603855), the current Cyclically Adjusted PB Ratio is 3.08 as of Aug. 26, 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 Warom Technology Co (SHSE:603855) Overvalued in 2026?

Based on GuruFocus' analysis, Warom Technology Co stock appears to be undervalued. The current stock price of ¥16.01 is trading 17.4% below its estimated GF Value™ of ¥19.38. GuruFocus considers Warom Technology Co to be Modestly Undervalued.

Key valuation signals for SHSE:603855:

  • Cyclically Adjusted PB Ratio: 3.08 (22% below median its 10-year median of 3.97)
  • GF Value™: ¥19.38 vs. price of ¥16.01 (17.4% below fair value)
  • GF Score™: 96/100 with 5 warning signs
  • Industry Position: 46.7% above the Industrial Products median (#1362 of 2112)

No single metric tells the full story. See the SHSE:603855 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Warom Technology Co Business Description

Address No.555, Baoqian Road, Jiading District, Shanghai, CHN, 201808
Warom Technology Inc Co is a Chinese company engaged in the research and development, production and sales of explosion-proof electric apparatus and professional lighting equipment. The company's solutions include factory ex, explosion-proof electric apparatus, LED photo electricity and Maritime products.
96GF Score

Get the complete analysis for SHSE:603855

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

¥16.01
Price
¥19.38
GF Value