LBX Pharmacy Chain JSC (SHSE:603883) Cyclically Adjusted PB Ratio: 1.97 (As of Aug. 21, 2026) — 36% Below Median

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SHSE:603883 LBX Pharmacy Chain JSC SHSE:603883
85 GF Score
Price ¥13.20
GF Value ¥19.39
Valuation Significantly Undervalued
! 4 Warning Signs
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What is LBX Pharmacy Chain JSC Cyclically Adjusted PB Ratio?

LBX Pharmacy Chain JSC SHSE:603883 -0.53% 85 Cyclically Adjusted PB Ratio is 1.97 as of Aug. 21, 2026, which is 36% below its 10-year median of 3.07. GuruFocus rates SHSE:603883 with a GF Score™ of 85/100 and a GF Value™ of ¥19.39 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 340 Healthcare Providers & Services companies, LBX Pharmacy Chain JSC ranks worse than 54.41% on this metric.

As of today (2026-08-21), LBX Pharmacy Chain JSC's current share price is ¥13.20. LBX Pharmacy Chain JSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ¥6.70. LBX Pharmacy Chain JSC's Cyclically Adjusted PB Ratio for today is 1.97.

The historical rank and industry rank for LBX Pharmacy Chain JSC's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:603883' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.64   Med: 3.07   Max: 5.88
Current: 2.03

During the past years, LBX Pharmacy Chain JSC's highest Cyclically Adjusted PB Ratio was 5.88. The lowest was 1.64. And the median was 3.07.

SHSE:603883's Cyclically Adjusted PB Ratio is ranked worse than
54.41% of 340 companies
in the Healthcare Providers & Services industry
Industry Median: 1.89 vs SHSE:603883: 2.03

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.

LBX Pharmacy Chain JSC's adjusted book value per share data for the three months ended in Mar. 2026 was ¥8.959. 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 ¥6.70 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


LBX Pharmacy Chain JSC  (SHSE:603883) 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.


LBX Pharmacy Chain JSC Cyclically Adjusted PB Ratio Related Terms


LBX Pharmacy Chain JSC Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for LBX Pharmacy Chain 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.

LBX Pharmacy Chain JSC Cyclically Adjusted PB Ratio Chart

LBX Pharmacy Chain 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 4.22 2.75 2.26

LBX Pharmacy Chain 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 2.97 3.35 2.55 2.26 2.02

LBX Pharmacy Chain JSC Cyclically Adjusted PB Ratio Competitor Comparison

For the Pharmaceutical Retailers subindustry, LBX Pharmacy Chain 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.


LBX Pharmacy Chain JSC Cyclically Adjusted PB Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, LBX Pharmacy Chain JSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where LBX Pharmacy Chain JSC's Cyclically Adjusted PB Ratio falls into.


SHSE:603883
85GF Score
LBX Pharmacy Chain JSC SHSE:603883
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

LBX Pharmacy Chain 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.

LBX Pharmacy Chain JSC's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=13.20/6.70
=1.97

* 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.

LBX Pharmacy Chain JSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, LBX Pharmacy Chain 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)
=8.959/116.3033*116.3033
=8.959

Current CPI (Mar. 2026) = 116.3033.

LBX Pharmacy Chain JSC Quarterly Data

Book Value per Share CPI Adj_Book
201606 3.614 101.400 4.145
201609 3.444 102.400 3.912
201612 2.929 102.600 3.320
201703 3.109 103.200 3.504
201706 3.103 103.100 3.500
201709 3.033 104.100 3.389
201712 4.347 104.500 4.838
201803 4.489 105.300 4.958
201806 4.202 104.900 4.659
201809 4.355 106.600 4.751
201812 4.518 106.500 4.934
201903 4.796 107.700 5.179
201906 4.982 107.700 5.380
201909 4.965 109.800 5.259
201912 5.141 111.200 5.377
202003 5.439 112.300 5.633
202006 5.967 110.400 6.286
202009 6.011 111.700 6.259
202012 6.051 111.500 6.312
202103 6.026 112.662 6.221
202106 6.207 111.769 6.459
202109 6.341 112.215 6.572
202112 6.309 113.108 6.487
202203 8.324 114.335 8.467
202206 8.292 114.558 8.418
202209 8.324 115.339 8.394
202212 8.588 115.116 8.677
202303 8.875 115.116 8.967
202306 8.894 114.558 9.030
202309 8.764 115.339 8.837
202312 8.813 114.781 8.930
202403 9.252 115.227 9.338
202406 8.988 114.781 9.107
202409 9.157 115.785 9.198
202412 8.656 114.893 8.762
202503 8.988 115.116 9.081
202506 8.858 114.907 8.966
202509 8.965 115.471 9.030
202512 8.612 115.832 8.647
202603 8.959 116.303 8.959

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 1.97 mean?
LBX Pharmacy Chain JSC (SHSE:603883) has a Cyclically Adjusted PB Ratio of 1.97 as of Aug. 21, 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 LBX Pharmacy Chain JSC and its competitors. This is 36% below median its historical median of 3.07. Over the past decade, LBX Pharmacy Chain JSC's Cyclically Adjusted PB Ratio has ranged from 1.64 to 5.88. According to the industry distribution chart, LBX Pharmacy Chain JSC ranks #185 out of 340 companies in the Healthcare Providers & Services industry, placing it in the top 54.4%.
Is LBX Pharmacy Chain JSC's Cyclically Adjusted PB Ratio too high?
LBX Pharmacy Chain JSC's current Cyclically Adjusted PB Ratio of 1.97 is 36% below median its 10-year median of 3.07. Over the past 10 years, this metric has ranged from a low of 1.64 to a high of 5.88. The Healthcare Providers & Services industry median Cyclically Adjusted PB Ratio is 1.89. LBX Pharmacy Chain JSC's value of 1.97 is 4.2% above this industry median. Based on the distribution chart, LBX Pharmacy Chain JSC ranks #185 out of 340 companies in the Healthcare Providers & Services industry, which is below the industry midpoint. Overall, LBX Pharmacy Chain JSC has a GF Score™ of 85/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does LBX Pharmacy Chain JSC's Cyclically Adjusted PB Ratio compare to competitors?
According to the Healthcare Providers & Services industry distribution chart, LBX Pharmacy Chain JSC ranks #185 out of 340 companies for Cyclically Adjusted PB Ratio. This places LBX Pharmacy Chain JSC in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.89. LBX Pharmacy Chain JSC's value of 1.97 is 4.2% above this benchmark. Historically, LBX Pharmacy Chain JSC's own Cyclically Adjusted PB Ratio has ranged from 1.64 to 5.88 over the past decade. While the company's 10-year median is 3.07 vs. the industry median of 1.89, LBX Pharmacy Chain 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 Healthcare Providers & Services company?
The median Cyclically Adjusted PB Ratio among Healthcare Providers & Services companies is 1.89, based on 340 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. LBX Pharmacy Chain JSC's current Cyclically Adjusted PB Ratio of 1.97 is 4.2% 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 LBX Pharmacy Chain JSC and its competitors. For the Healthcare Providers & Services industry, the median Cyclically Adjusted PB Ratio is 1.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LBX Pharmacy Chain JSC's current Cyclically Adjusted PB Ratio is 1.97, which is 36% below median its own 10-year median of 3.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LBX Pharmacy Chain JSC stock overvalued right now?
Based on GuruFocus' analysis, LBX Pharmacy Chain JSC (SHSE:603883) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥19.39, compared to a current price of ¥13.20 — trading 31.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.97, which is 36% below median its 10-year median of 3.07 and 4.2% above the Healthcare Providers & Services industry median of 1.89. LBX Pharmacy Chain JSC's overall GF Score™ is 85/100 with 4 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 LBX Pharmacy Chain JSC (SHSE:603883), the current Cyclically Adjusted PB Ratio is 1.97 as of Aug. 21, 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 LBX Pharmacy Chain JSC (SHSE:603883) Overvalued in 2026?

Based on GuruFocus' analysis, LBX Pharmacy Chain JSC stock appears to be undervalued. The current stock price of ¥13.20 is trading 31.9% below its estimated GF Value™ of ¥19.39. GuruFocus considers LBX Pharmacy Chain JSC to be Significantly Undervalued.

Key valuation signals for SHSE:603883:

  • Cyclically Adjusted PB Ratio: 1.97 (36% below median its 10-year median of 3.07)
  • GF Value™: ¥19.39 vs. price of ¥13.20 (31.9% below fair value)
  • GF Score™: 85/100 with 4 warning signs
  • Industry Position: 4.2% above the Healthcare Providers & Services median (#185 of 340)

No single metric tells the full story. See the SHSE:603883 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


LBX Pharmacy Chain JSC Business Description

Address No. 288, Xiangya Road, Kaifu District, Hunan, Changsha, CHN, 410005
LBX Pharmacy Chain JSC is a China-based company engages in the sale of medicine and health products. The company is engaged in retailing drugs and other related products, including Chinese and Western medicine, prepared slices of Chinese crude drugs, health equipment, healthy food, and personal care products and life care products. The company is also involved in the wholesale and manufacture of drugs.
85GF Score

Get the complete analysis for SHSE:603883

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

¥13.20
Price
¥19.39
GF Value