Shanghai Luoman Technologies (SHSE:605289) Cyclically Adjusted PB Ratio: 18.12 (As of Aug. 31, 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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SHSE:605289 Shanghai Luoman Technologies Inc SHSE:605289
77 GF Score
Price ¥108.00
GF Value ¥80.67
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Shanghai Luoman Technologies Cyclically Adjusted PB Ratio?

Shanghai Luoman Technologies SHSE:605289 +2.60% 77 Cyclically Adjusted PB Ratio is 18.12 as of Aug. 31, 2026, which is 2% below its 10-year median of 18.52. GuruFocus rates SHSE:605289 with a GF Score™ of 77/100 and a GF Value™ of ¥80.67 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,238 Construction companies, Shanghai Luoman Technologies ranks worse than 97.58% on this metric.

As of today (2026-08-31), Shanghai Luoman Technologies's current share price is ¥108.00. Shanghai Luoman Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ¥5.96. Shanghai Luoman Technologies's Cyclically Adjusted PB Ratio for today is 18.12.

The historical rank and industry rank for Shanghai Luoman Technologies's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:605289' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 12.73   Med: 18.52   Max: 26.05
Current: 17.66

During the past years, Shanghai Luoman Technologies's highest Cyclically Adjusted PB Ratio was 26.05. The lowest was 12.73. And the median was 18.52.

SHSE:605289's Cyclically Adjusted PB Ratio is ranked worse than
97.58% of 1238 companies
in the Construction industry
Industry Median: 1.175 vs SHSE:605289: 17.66

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.

Shanghai Luoman Technologies's adjusted book value per share data for the three months ended in Jun. 2026 was ¥8.964. 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 ¥5.96 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shanghai Luoman Technologies  (SHSE:605289) 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.


Shanghai Luoman Technologies Cyclically Adjusted PB Ratio Related Terms


Shanghai Luoman Technologies Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Shanghai Luoman Technologies'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.

Shanghai Luoman Technologies Cyclically Adjusted PB Ratio Chart

Shanghai Luoman Technologies 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

Shanghai Luoman Technologies Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 11.74 24.33

SHSE:605289 vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, Shanghai Luoman Technologies'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.


Shanghai Luoman Technologies Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Shanghai Luoman Technologies's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Shanghai Luoman Technologies's Cyclically Adjusted PB Ratio falls into.


SHSE:605289
77GF Score
Shanghai Luoman Technologies Inc SHSE:605289
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanghai Luoman Technologies 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.

Shanghai Luoman Technologies's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=108.00/5.96
=18.12

* 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.

Shanghai Luoman Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Shanghai Luoman Technologies's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=8.964/116.0564*116.0564
=8.964

Current CPI (Jun. 2026) = 116.0564.

Shanghai Luoman Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201212 1.082 95.237 1.319
201312 0.583 97.624 0.693
201406 0.628 98.200 0.742
201412 0.597 99.000 0.700
201506 1.013 99.500 1.182
201512 1.015 100.600 1.171
201606 1.308 101.400 1.497
201612 1.503 102.600 1.700
201706 2.208 103.100 2.485
201712 2.514 104.500 2.792
201806 2.908 104.900 3.217
201812 3.578 106.500 3.899
201906 3.967 107.700 4.275
201912 4.860 111.200 5.072
202003 0.000 112.300 0.000
202006 5.126 110.400 5.389
202009 0.000 111.700 0.000
202012 5.799 111.500 6.036
202103 4.398 112.662 4.531
202106 8.138 111.769 8.450
202109 8.317 112.215 8.602
202112 8.604 113.108 8.828
202203 8.618 114.335 8.748
202206 8.385 114.558 8.495
202209 8.329 115.339 8.381
202212 8.176 115.116 8.243
202303 8.151 115.116 8.218
202306 8.300 114.558 8.409
202309 8.561 115.339 8.614
202312 8.613 114.781 8.709
202403 8.734 115.227 8.797
202406 8.492 114.781 8.586
202409 8.574 115.785 8.594
202412 8.193 114.893 8.276
202503 8.367 115.116 8.435
202506 8.348 114.907 8.431
202509 8.389 115.471 8.432
202512 8.624 115.832 8.641
202603 8.926 116.303 8.907
202606 8.964 116.056 8.964

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 18.12 mean?
Shanghai Luoman Technologies (SHSE:605289) has a Cyclically Adjusted PB Ratio of 18.12 as of Aug. 31, 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 Shanghai Luoman Technologies and its competitors. This is near median its historical median of 18.52. Over the past decade, Shanghai Luoman Technologies' Cyclically Adjusted PB Ratio has ranged from 12.73 to 26.05. According to the industry distribution chart, Shanghai Luoman Technologies ranks #1208 out of 1238 companies in the Construction industry, placing it in the top 97.6%.
Is Shanghai Luoman Technologies' Cyclically Adjusted PB Ratio too high?
Shanghai Luoman Technologies' current Cyclically Adjusted PB Ratio of 18.12 is near median its 10-year median of 18.52. Over the past 10 years, this metric has ranged from a low of 12.73 to a high of 26.05. The Construction industry median Cyclically Adjusted PB Ratio is 1.18. Shanghai Luoman Technologies' value of 18.12 is 1442.1% above this industry median. Based on the distribution chart, Shanghai Luoman Technologies ranks #1208 out of 1238 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Shanghai Luoman Technologies has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Luoman Technologies' Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Shanghai Luoman Technologies ranks #1208 out of 1238 companies for Cyclically Adjusted PB Ratio. This places Shanghai Luoman Technologies in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.18. Shanghai Luoman Technologies' value of 18.12 is 1442.1% above this benchmark. Historically, Shanghai Luoman Technologies' own Cyclically Adjusted PB Ratio has ranged from 12.73 to 26.05 over the past decade. While the company's 10-year median is 18.52 vs. the industry median of 1.18, Shanghai Luoman Technologies 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 Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.18, based on 1,238 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. Shanghai Luoman Technologies's current Cyclically Adjusted PB Ratio of 18.12 is 1442.1% 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 Shanghai Luoman Technologies and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Luoman Technologies's current Cyclically Adjusted PB Ratio is 18.12, which is near median its own 10-year median of 18.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Luoman Technologies stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Luoman Technologies (SHSE:605289) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥80.67, compared to a current price of ¥108.00 — trading 33.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 18.12, which is near median its 10-year median of 18.52 and 1442.1% above the Construction industry median of 1.18. Shanghai Luoman Technologies' overall GF Score™ is 77/100 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 Shanghai Luoman Technologies (SHSE:605289), the current Cyclically Adjusted PB Ratio is 18.12 as of Aug. 31, 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 Shanghai Luoman Technologies (SHSE:605289) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Luoman Technologies stock appears to be overvalued. The current stock price of ¥108.00 is trading 33.9% above its estimated GF Value™ of ¥80.67. GuruFocus considers Shanghai Luoman Technologies to be Significantly Overvalued.

Key valuation signals for SHSE:605289:

  • Cyclically Adjusted PB Ratio: 18.12 (near median its 10-year median of 18.52)
  • GF Value™: ¥80.67 vs. price of ¥108.00 (33.9% above fair value)
  • GF Score™: 77/100 with 6 warning signs
  • Industry Position: 1442.1% above the Construction median (#1208 of 1238)

No single metric tells the full story. See the SHSE:605289 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Luoman Technologies Business Description

Address No. 1198 Yangshupu Road, Tower B, Shanjin Financial Plaza, Yangpu District, Shanghai, CHN, 200082
Shanghai Luoman Technologies Inc business includes other landscape lighting services include overall planning and in-depth design of landscape lighting, construction of landscape lighting projects, and remote centralized control management.
77GF Score

Get the complete analysis for SHSE:605289

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

¥108.00
Price
¥80.67
GF Value