Jiangsu Dingsheng New Material JSC (SHSE:603876) Cyclically Adjusted PB Ratio: 3.81 (As of Aug. 20, 2026) — 11% Below Median

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SHSE:603876 Jiangsu Dingsheng New Material JSC Ltd SHSE:603876
73 GF Score
Price ¥22.34
GF Value ¥13.59
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Jiangsu Dingsheng New Material JSC Cyclically Adjusted PB Ratio?

Jiangsu Dingsheng New Material JSC SHSE:603876 -5.38% 73 Cyclically Adjusted PB Ratio is 3.81 as of Aug. 20, 2026, which is 11% below its 10-year median of 4.28. GuruFocus rates SHSE:603876 with a GF Score™ of 73/100 and a GF Value™ of ¥13.59 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,519 Metals & Mining companies, Jiangsu Dingsheng New Material JSC ranks worse than 71.76% on this metric.

As of today (2026-08-20), Jiangsu Dingsheng New Material JSC's current share price is ¥22.34. Jiangsu Dingsheng New Material JSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ¥5.86. Jiangsu Dingsheng New Material JSC's Cyclically Adjusted PB Ratio for today is 3.81.

The historical rank and industry rank for Jiangsu Dingsheng New Material JSC's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:603876' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.3   Med: 4.28   Max: 5.26
Current: 3.84

During the past years, Jiangsu Dingsheng New Material JSC's highest Cyclically Adjusted PB Ratio was 5.26. The lowest was 3.30. And the median was 4.28.

SHSE:603876's Cyclically Adjusted PB Ratio is ranked worse than
71.76% of 1519 companies
in the Metals & Mining industry
Industry Median: 1.51 vs SHSE:603876: 3.84

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 Dingsheng New Material JSC's adjusted book value per share data for the three months ended in Mar. 2026 was ¥8.222. 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 ¥5.86 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jiangsu Dingsheng New Material JSC  (SHSE:603876) 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 Dingsheng New Material JSC Cyclically Adjusted PB Ratio Related Terms


Jiangsu Dingsheng New Material JSC Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Jiangsu Dingsheng New Material JSC'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 Dingsheng New Material JSC Cyclically Adjusted PB Ratio Chart

Jiangsu Dingsheng New Material JSC 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 0.00 0.00

Jiangsu Dingsheng New Material JSC 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 0.00 0.00 0.00 0.00 3.78

SHSE:603876 vs AA: Cyclically Adjusted PB Ratio Comparison

For the Aluminum subindustry, Jiangsu Dingsheng New Material JSC'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 Dingsheng New Material JSC Cyclically Adjusted PB Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Jiangsu Dingsheng New Material JSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Jiangsu Dingsheng New Material JSC's Cyclically Adjusted PB Ratio falls into.


SHSE:603876
73GF Score
Jiangsu Dingsheng New Material JSC Ltd SHSE:603876
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jiangsu Dingsheng New Material JSC 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 Dingsheng New Material JSC's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=22.34/5.86
=3.81

* 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 Dingsheng New Material JSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Jiangsu Dingsheng New Material JSC'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)
=8.222/116.3033*116.3033
=8.222

Current CPI (Mar. 2026) = 116.3033.

Jiangsu Dingsheng New Material JSC Quarterly Data

Book Value per Share CPI Adj_Book
201412 2.269 99.000 2.666
201512 2.708 100.600 3.131
201612 3.214 102.600 3.643
201703 0.000 103.200 0.000
201706 3.301 103.100 3.724
201709 0.000 104.100 0.000
201712 3.571 104.500 3.974
201803 3.108 105.300 3.433
201806 4.144 104.900 4.594
201809 4.244 106.600 4.630
201812 4.369 106.500 4.771
201903 4.440 107.700 4.795
201906 4.756 107.700 5.136
201909 4.814 109.800 5.099
201912 4.967 111.200 5.195
202003 4.994 112.300 5.172
202006 4.889 110.400 5.150
202009 4.877 111.700 5.078
202012 4.866 111.500 5.076
202103 4.918 112.662 5.077
202106 5.262 111.769 5.475
202109 5.440 112.215 5.638
202112 5.625 113.108 5.784
202203 5.910 114.335 6.012
202206 6.238 114.558 6.333
202209 6.737 115.339 6.793
202212 7.141 115.116 7.215
202303 7.327 115.116 7.403
202306 7.121 114.558 7.230
202309 7.232 115.339 7.292
202312 7.361 114.781 7.459
202403 7.390 115.227 7.459
202406 7.368 114.781 7.466
202409 7.384 115.785 7.417
202412 7.466 114.893 7.558
202503 7.607 115.116 7.685
202506 7.788 114.907 7.883
202509 7.868 115.471 7.925
202512 8.096 115.832 8.129
202603 8.222 116.303 8.222

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 3.81 mean?
Jiangsu Dingsheng New Material JSC (SHSE:603876) has a Cyclically Adjusted PB Ratio of 3.81 as of Aug. 20, 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 Dingsheng New Material JSC and its competitors. This is 11% below median its historical median of 4.28. Over the past decade, Jiangsu Dingsheng New Material JSC's Cyclically Adjusted PB Ratio has ranged from 3.30 to 5.26. According to the industry distribution chart, Jiangsu Dingsheng New Material JSC ranks #1090 out of 1519 companies in the Metals & Mining industry, placing it in the top 71.8%.
Is Jiangsu Dingsheng New Material JSC's Cyclically Adjusted PB Ratio too high?
Jiangsu Dingsheng New Material JSC's current Cyclically Adjusted PB Ratio of 3.81 is 11% below median its 10-year median of 4.28. Over the past 10 years, this metric has ranged from a low of 3.30 to a high of 5.26. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.51. Jiangsu Dingsheng New Material JSC's value of 3.81 is 152.3% above this industry median. Based on the distribution chart, Jiangsu Dingsheng New Material JSC ranks #1090 out of 1519 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Jiangsu Dingsheng New Material JSC has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu Dingsheng New Material JSC's Cyclically Adjusted PB Ratio compare to AA?
According to the Metals & Mining industry distribution chart, Jiangsu Dingsheng New Material JSC ranks #1090 out of 1519 companies for Cyclically Adjusted PB Ratio. This places Jiangsu Dingsheng New Material JSC in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.51. Jiangsu Dingsheng New Material JSC's value of 3.81 is 152.3% above this benchmark. Historically, Jiangsu Dingsheng New Material JSC's own Cyclically Adjusted PB Ratio has ranged from 3.30 to 5.26 over the past decade. While the company's 10-year median is 4.28 vs. the industry median of 1.51, Jiangsu Dingsheng New Material JSC 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 Metals & Mining company?
The median Cyclically Adjusted PB Ratio among Metals & Mining companies is 1.51, based on 1,519 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 Dingsheng New Material JSC's current Cyclically Adjusted PB Ratio of 3.81 is 152.3% 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 Dingsheng New Material JSC and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangsu Dingsheng New Material JSC's current Cyclically Adjusted PB Ratio is 3.81, which is 11% below median its own 10-year median of 4.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu Dingsheng New Material JSC stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu Dingsheng New Material JSC (SHSE:603876) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥13.59, compared to a current price of ¥22.34 — trading 64.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.81, which is 11% below median its 10-year median of 4.28 and 152.3% above the Metals & Mining industry median of 1.51. Jiangsu Dingsheng New Material JSC's overall GF Score™ is 73/100 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 Jiangsu Dingsheng New Material JSC (SHSE:603876), the current Cyclically Adjusted PB Ratio is 3.81 as of Aug. 20, 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 Dingsheng New Material JSC (SHSE:603876) Overvalued in 2026?

Based on GuruFocus' analysis, Jiangsu Dingsheng New Material JSC stock appears to be overvalued. The current stock price of ¥22.34 is trading 64.4% above its estimated GF Value™ of ¥13.59. GuruFocus considers Jiangsu Dingsheng New Material JSC to be Significantly Overvalued.

Key valuation signals for SHSE:603876:

  • Cyclically Adjusted PB Ratio: 3.81 (11% below median its 10-year median of 4.28)
  • GF Value™: ¥13.59 vs. price of ¥22.34 (64.4% above fair value)
  • GF Score™: 73/100 with 5 warning signs
  • Industry Position: 152.3% above the Metals & Mining median (#1090 of 1519)

No single metric tells the full story. See the SHSE:603876 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jiangsu Dingsheng New Material JSC Business Description

Address Jingkou Industrial Park, Highway 338 / Beijing Hangzhou the Grande Canale West, Jiangsu Province, Zhenjiang, CHN, 212141
Jiangsu Dingsheng New Material JSC Ltd is engaged in the manufacturing of aluminum and Aluminum Alloy plate, belt, foil and its deep processing products of provincial high-tech enterprise. Its products include strip, foil and coating material, deep processed products such as aluminum oxide board, cable foil, air conditioner foil, decorative building material aluminum foil, air conditioner refrigerator evaporator, and condenser.
73GF Score

Get the complete analysis for SHSE:603876

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

¥22.34
Price
¥13.59
GF Value