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Sobute New Materials CoSHSE:603916 -1.52%79 Cyclically Adjusted PB Ratio is 1.19 as of Sep. 15, 2026, which is 13% below its 10-year median of 1.36. GuruFocus rates SHSE:603916 with a GF Score™ of 79/100 and a GF Value™ of ¥9.61 (Fairly Valued). The stock has 6 warning signs investors should review. Among 284 Building Materials companies, Sobute New Materials Co ranks worse than 58.8% on this metric.
The historical rank and industry rank for Sobute New Materials Co's Cyclically Adjusted PB Ratio or its related term are showing as below:
SHSE:603916'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.98 Med: 1.36 Max: 1.91
Current: 1.26
During the past 12 years, Sobute New Materials Co's highest Cyclically Adjusted PB Ratio was 1.91. The lowest was 0.98. And the median was 1.36.
SHSE:603916's Cyclically Adjusted PB Ratio is ranked worse than 58.8% of 284
companies
in the Building Materials industry
Industry Median: 0.945
vs SHSE:603916: 1.26
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.
Sobute New Materials Co's adjusted book value per share data of for the fiscal year that ended in Dec25 was ¥11.429. 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 ¥8.70 for the trailing ten years ended in Dec25.
Shiller PE for Stocks: The True Measure of Stock Valuation
Sobute New Materials Co (SHSE:603916) 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.
Sobute New Materials Co Cyclically Adjusted PB Ratio Related Terms
Sobute New Materials Co Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for Sobute New Materials 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.
Sobute New Materials Co Cyclically Adjusted PB Ratio Chart
SHSE:603916 vs CRH, MLM, VMC: Cyclically Adjusted PB Ratio Comparison
For the Building Materials subindustry, Sobute New Materials 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.
Sobute New Materials Co Cyclically Adjusted PB Ratio vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Sobute New Materials Co's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Sobute New Materials Co's Cyclically Adjusted PB Ratio falls into.
Sobute New Materials 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.
* 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.
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 1.19 mean?
Sobute New Materials Co (SHSE:603916) has a Cyclically Adjusted PB Ratio of 1.19 as of Sep. 15, 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 Sobute New Materials Co and its competitors. This is 13% below median its historical median of 1.36. Over the past decade, Sobute New Materials Co's Cyclically Adjusted PB Ratio has ranged from 0.98 to 1.91. According to the industry distribution chart, Sobute New Materials Co ranks #167 out of 284 companies in the Building Materials industry, placing it in the top 58.8%.
Is Sobute New Materials Co's Cyclically Adjusted PB Ratio too high?
Sobute New Materials Co's current Cyclically Adjusted PB Ratio of 1.19 is 13% below median its 10-year median of 1.36. Over the past 10 years, this metric has ranged from a low of 0.98 to a high of 1.91. The Building Materials industry median Cyclically Adjusted PB Ratio is 0.95. Sobute New Materials Co's value of 1.19 is 25.9% above this industry median. Based on the distribution chart, Sobute New Materials Co ranks #167 out of 284 companies in the Building Materials industry, which is below the industry midpoint. Overall, Sobute New Materials Co has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sobute New Materials Co's Cyclically Adjusted PB Ratio compare to CRH and MLM?
According to the Building Materials industry distribution chart, Sobute New Materials Co ranks #167 out of 284 companies for Cyclically Adjusted PB Ratio. This places Sobute New Materials Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.95. Sobute New Materials Co's value of 1.19 is 25.9% above this benchmark. Historically, Sobute New Materials Co's own Cyclically Adjusted PB Ratio has ranged from 0.98 to 1.91 over the past decade. While the company's 10-year median is 1.36 vs. the industry median of 0.95, Sobute New Materials 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 Building Materials company?
The median Cyclically Adjusted PB Ratio among Building Materials companies is 0.95, based on 284 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. Sobute New Materials Co's current Cyclically Adjusted PB Ratio of 1.19 is 25.9% 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 Sobute New Materials Co and its competitors. For the Building Materials industry, the median Cyclically Adjusted PB Ratio is 0.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sobute New Materials Co's current Cyclically Adjusted PB Ratio is 1.19, which is 13% below median its own 10-year median of 1.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sobute New Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Sobute New Materials Co (SHSE:603916) is currently considered Fairly Valued. The stock's GF Value™ is ¥9.61, compared to a current price of ¥10.38 — trading 8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.19, which is 13% below median its 10-year median of 1.36 and 25.9% above the Building Materials industry median of 0.95. Sobute New Materials Co's overall GF Score™ is 79/100 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 Sobute New Materials Co (SHSE:603916), the current Cyclically Adjusted PB Ratio is 1.19 as of Sep. 15, 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 Sobute New Materials Co (SHSE:603916) Overvalued in 2026?
Based on GuruFocus' analysis, Sobute New Materials Co stock appears to be overvalued.
The current stock price of ¥10.38 is trading 8% above its estimated GF Value™ of ¥9.61.
GuruFocus considers Sobute New Materials Co to be Fairly Valued.
Key valuation signals for SHSE:603916:
Cyclically Adjusted PB Ratio: 1.19 (13% below median its 10-year median of 1.36)
GF Value™: ¥9.61 vs. price of ¥10.38 (8% above fair value)
Industry Position: 25.9% above the Building Materials median (#167 of 284)
No single metric tells the full story. See the SHSE:603916 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sobute New Materials Co Ltd is a civil engineering material supplier. It is engaged in the research and development, production and sales of concrete admixtures. The company's products include Cement and concrete admixtures; Grouting material; Road construction material; and Building fiber.
79GF Score
Get the complete analysis for SHSE:603916
Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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