Beijing Tianyishangjia New Material (SHSE:688033) Cyclically Adjusted PB Ratio: 1.03 (As of Sep. 09, 2026) — 15% Below Median

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SHSE:688033 Beijing Tianyishangjia New Material Corp Ltd SHSE:688033
52 GF Score
Price ¥7.24
GF Value ¥4.11
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Beijing Tianyishangjia New Material Cyclically Adjusted PB Ratio?

Beijing Tianyishangjia New Material SHSE:688033 -1.63% 52 Cyclically Adjusted PB Ratio is 1.03 as of Sep. 09, 2026, which is 15% below its 10-year median of 1.21. GuruFocus rates SHSE:688033 with a GF Score™ of 52/100 and a GF Value™ of ¥4.11 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,097 Chemicals companies, Beijing Tianyishangjia New Material ranks better than 72.11% on this metric.

As of today (2026-09-09), Beijing Tianyishangjia New Material's current share price is ¥7.24. Beijing Tianyishangjia New Material's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was ¥7.06. Beijing Tianyishangjia New Material's Cyclically Adjusted PB Ratio for today is 1.03.

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

SHSE:688033' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.95   Med: 1.21   Max: 1.71
Current: 0.95

During the past 10 years, Beijing Tianyishangjia New Material's highest Cyclically Adjusted PB Ratio was 1.71. The lowest was 0.95. And the median was 1.21.

SHSE:688033's Cyclically Adjusted PB Ratio is ranked better than
72.11% of 1097 companies
in the Chemicals industry
Industry Median: 1.69 vs SHSE:688033: 0.95

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.

Beijing Tianyishangjia New Material's adjusted book value per share data of for the fiscal year that ended in Dec25 was ¥2.511. 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 ¥7.06 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Beijing Tianyishangjia New Material  (SHSE:688033) 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.


Beijing Tianyishangjia New Material Cyclically Adjusted PB Ratio Related Terms


Beijing Tianyishangjia New Material Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Beijing Tianyishangjia New Material'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.

Beijing Tianyishangjia New Material Cyclically Adjusted PB Ratio Chart

Beijing Tianyishangjia New Material 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 1.09

Beijing Tianyishangjia New Material 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 1.09 0.00 0.00

SHSE:688033 vs LIN, SHW, ECL: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, Beijing Tianyishangjia New Material'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.


Beijing Tianyishangjia New Material Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Beijing Tianyishangjia New Material's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Beijing Tianyishangjia New Material's Cyclically Adjusted PB Ratio falls into.


SHSE:688033
52GF Score
Beijing Tianyishangjia New Material Corp Ltd SHSE:688033
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Beijing Tianyishangjia New Material 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.

Beijing Tianyishangjia New Material's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.24/7.06
=1.03

* 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.

Beijing Tianyishangjia New Material's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Beijing Tianyishangjia New Material's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=2.511/115.8323*115.8323
=2.511

Current CPI (Dec25) = 115.8323.

Beijing Tianyishangjia New Material Annual Data

Book Value per Share CPI Adj_Book
201612 9.928 102.600 11.208
201712 10.325 104.500 11.445
201812 3.095 106.500 3.366
201912 5.222 111.200 5.440
202012 5.385 111.500 5.594
202112 5.764 113.108 5.903
202212 9.107 115.116 9.164
202312 9.293 114.781 9.378
202412 6.524 114.893 6.577
202512 2.511 115.832 2.511

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 1.03 mean?
Beijing Tianyishangjia New Material (SHSE:688033) has a Cyclically Adjusted PB Ratio of 1.03 as of Sep. 09, 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 Beijing Tianyishangjia New Material and its competitors. This is 15% below median its historical median of 1.21. Over the past decade, Beijing Tianyishangjia New Material's Cyclically Adjusted PB Ratio has ranged from 0.95 to 1.71. According to the industry distribution chart, Beijing Tianyishangjia New Material ranks #306 out of 1097 companies in the Chemicals industry, placing it in the top 27.9%.
Is Beijing Tianyishangjia New Material's Cyclically Adjusted PB Ratio too high?
Beijing Tianyishangjia New Material's current Cyclically Adjusted PB Ratio of 1.03 is 15% below median its 10-year median of 1.21. Over the past 10 years, this metric has ranged from a low of 0.95 to a high of 1.71. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.69. Beijing Tianyishangjia New Material's value of 1.03 is 39.1% below this industry median. Based on the distribution chart, Beijing Tianyishangjia New Material ranks #306 out of 1097 companies in the Chemicals industry, which is above the industry midpoint. Overall, Beijing Tianyishangjia New Material has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Beijing Tianyishangjia New Material's Cyclically Adjusted PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Beijing Tianyishangjia New Material ranks #306 out of 1097 companies for Cyclically Adjusted PB Ratio. This puts Beijing Tianyishangjia New Material in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.69. Beijing Tianyishangjia New Material's value of 1.03 is 39.1% below this benchmark. Historically, Beijing Tianyishangjia New Material's own Cyclically Adjusted PB Ratio has ranged from 0.95 to 1.71 over the past decade. While the company's 10-year median is 1.21 vs. the industry median of 1.69, Beijing Tianyishangjia New Material has consistently been below 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 Chemicals company?
The median Cyclically Adjusted PB Ratio among Chemicals companies is 1.69, based on 1,097 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. Beijing Tianyishangjia New Material's current Cyclically Adjusted PB Ratio of 1.03 is 39.1% below 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 Beijing Tianyishangjia New Material and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Beijing Tianyishangjia New Material's current Cyclically Adjusted PB Ratio is 1.03, which is 15% below median its own 10-year median of 1.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beijing Tianyishangjia New Material stock overvalued right now?
Based on GuruFocus' analysis, Beijing Tianyishangjia New Material (SHSE:688033) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥4.11, compared to a current price of ¥7.24 — trading 76.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.03, which is 15% below median its 10-year median of 1.21 and 39.1% below the Chemicals industry median of 1.69. Beijing Tianyishangjia New Material's overall GF Score™ is 52/100 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 Beijing Tianyishangjia New Material (SHSE:688033), the current Cyclically Adjusted PB Ratio is 1.03 as of Sep. 09, 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 Beijing Tianyishangjia New Material (SHSE:688033) Overvalued in 2026?

Based on GuruFocus' analysis, Beijing Tianyishangjia New Material stock appears to be overvalued. The current stock price of ¥7.24 is trading 76.2% above its estimated GF Value™ of ¥4.11. GuruFocus considers Beijing Tianyishangjia New Material to be Significantly Overvalued.

Key valuation signals for SHSE:688033:

  • Cyclically Adjusted PB Ratio: 1.03 (15% below median its 10-year median of 1.21)
  • GF Value™: ¥4.11 vs. price of ¥7.24 (76.2% above fair value)
  • GF Score™: 52/100 with 5 warning signs
  • Industry Position: 39.1% below the Chemicals median (#306 of 1097)

No single metric tells the full story. See the SHSE:688033 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Beijing Tianyishangjia New Material Business Description

Address 500 meters north of South Railway Road, Xixinli Village, Shangzhuang Town, Haidian District, Beijing, CHN, 100094
Beijing Tianyishangjia New Material Corp Ltd Is engaged in the research and development, production, and sales of powder metallurgy brakes and locomotives, urban rail brakes, and brake shoes for high-speed trains. The company's segment includes the Rail transit business division, photovoltaic new energy business division, Automotive business segment, National defense equipment business division, and Other business segments.
52GF Score

Get the complete analysis for SHSE:688033

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

¥7.24
Price
¥4.11
GF Value