Kinco Automation (Shanghai) Co (SHSE:688160) Cyclically Adjusted PB Ratio: 14.18 (As of Aug. 29, 2026) — 21% Above Median

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SHSE:688160 Kinco Automation (Shanghai) Co Ltd SHSE:688160
84 GF Score
Price ¥98.30
GF Value ¥112.23
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Kinco Automation (Shanghai) Co Cyclically Adjusted PB Ratio?

Kinco Automation (Shanghai) Co SHSE:688160 -1.27% 84 Cyclically Adjusted PB Ratio is 14.18 as of Aug. 29, 2026, which is 21% above its 10-year median of 11.73. GuruFocus rates SHSE:688160 with a GF Score™ of 84/100 and a GF Value™ of ¥112.23 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,102 Industrial Products companies, Kinco Automation (Shanghai) Co ranks worse than 96.29% on this metric.

As of today (2026-08-29), Kinco Automation (Shanghai) Co's current share price is ¥98.30. Kinco Automation (Shanghai) Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was ¥6.93. Kinco Automation (Shanghai) Co's Cyclically Adjusted PB Ratio for today is 14.18.

The historical rank and industry rank for Kinco Automation (Shanghai) Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:688160' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 6.84   Med: 11.73   Max: 22.46
Current: 14.18

During the past 13 years, Kinco Automation (Shanghai) Co's highest Cyclically Adjusted PB Ratio was 22.46. The lowest was 6.84. And the median was 11.73.

SHSE:688160's Cyclically Adjusted PB Ratio is ranked worse than
96.29% of 2102 companies
in the Industrial Products industry
Industry Median: 2.1 vs SHSE:688160: 14.18

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.

Kinco Automation (Shanghai) Co's adjusted book value per share data of for the fiscal year that ended in Dec25 was ¥14.266. 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 ¥6.93 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kinco Automation (Shanghai) Co  (SHSE:688160) 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.


Kinco Automation (Shanghai) Co Cyclically Adjusted PB Ratio Related Terms


Kinco Automation (Shanghai) Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kinco Automation (Shanghai) 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.

Kinco Automation (Shanghai) Co Cyclically Adjusted PB Ratio Chart

Kinco Automation (Shanghai) Co 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 6.64 11.59 10.05 21.99

Kinco Automation (Shanghai) Co 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 21.99 0.00 0.00

SHSE:688160 vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Kinco Automation (Shanghai) 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.


Kinco Automation (Shanghai) Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kinco Automation (Shanghai) Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Kinco Automation (Shanghai) Co's Cyclically Adjusted PB Ratio falls into.


SHSE:688160
84GF Score
Kinco Automation (Shanghai) Co Ltd SHSE:688160
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kinco Automation (Shanghai) 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.

Kinco Automation (Shanghai) Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=98.30/6.93
=14.18

* 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.

Kinco Automation (Shanghai) Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Kinco Automation (Shanghai) Co'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)
=14.266/115.8323*115.8323
=14.266

Current CPI (Dec25) = 115.8323.

Kinco Automation (Shanghai) Co Annual Data

Book Value per Share CPI Adj_Book
201612 2.487 102.600 2.808
201712 2.751 104.500 3.049
201812 3.025 106.500 3.290
201912 3.434 111.200 3.577
202012 7.226 111.500 7.507
202112 7.770 113.108 7.957
202212 8.561 115.116 8.614
202312 8.910 114.781 8.992
202412 9.210 114.893 9.285
202512 14.266 115.832 14.266

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 14.18 mean?
Kinco Automation (Shanghai) Co (SHSE:688160) has a Cyclically Adjusted PB Ratio of 14.18 as of Aug. 29, 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 Kinco Automation (Shanghai) Co and its competitors. This is 21% above median its historical median of 11.73. Over the past decade, Kinco Automation (Shanghai) Co's Cyclically Adjusted PB Ratio has ranged from 6.84 to 22.46. According to the industry distribution chart, Kinco Automation (Shanghai) Co ranks #2024 out of 2102 companies in the Industrial Products industry, placing it in the top 96.3%.
Is Kinco Automation (Shanghai) Co's Cyclically Adjusted PB Ratio too high?
Kinco Automation (Shanghai) Co's current Cyclically Adjusted PB Ratio of 14.18 is 21% above median its 10-year median of 11.73. Over the past 10 years, this metric has ranged from a low of 6.84 to a high of 22.46. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.10. Kinco Automation (Shanghai) Co's value of 14.18 is 575.2% above this industry median. Based on the distribution chart, Kinco Automation (Shanghai) Co ranks #2024 out of 2102 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Kinco Automation (Shanghai) Co has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kinco Automation (Shanghai) Co's Cyclically Adjusted PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Kinco Automation (Shanghai) Co ranks #2024 out of 2102 companies for Cyclically Adjusted PB Ratio. This places Kinco Automation (Shanghai) Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.10. Kinco Automation (Shanghai) Co's value of 14.18 is 575.2% above this benchmark. Historically, Kinco Automation (Shanghai) Co's own Cyclically Adjusted PB Ratio has ranged from 6.84 to 22.46 over the past decade. While the company's 10-year median is 11.73 vs. the industry median of 2.10, Kinco Automation (Shanghai) 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.10, based on 2,102 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. Kinco Automation (Shanghai) Co's current Cyclically Adjusted PB Ratio of 14.18 is 575.2% 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 Kinco Automation (Shanghai) Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kinco Automation (Shanghai) Co's current Cyclically Adjusted PB Ratio is 14.18, which is 21% above median its own 10-year median of 11.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kinco Automation (Shanghai) Co stock overvalued right now?
Based on GuruFocus' analysis, Kinco Automation (Shanghai) Co (SHSE:688160) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥112.23, compared to a current price of ¥98.30 — trading 12.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 14.18, which is 21% above median its 10-year median of 11.73 and 575.2% above the Industrial Products industry median of 2.10. Kinco Automation (Shanghai) Co's overall GF Score™ is 84/100 with 3 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 Kinco Automation (Shanghai) Co (SHSE:688160), the current Cyclically Adjusted PB Ratio is 14.18 as of Aug. 29, 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 Kinco Automation (Shanghai) Co (SHSE:688160) Overvalued in 2026?

Based on GuruFocus' analysis, Kinco Automation (Shanghai) Co stock appears to be undervalued. The current stock price of ¥98.30 is trading 12.4% below its estimated GF Value™ of ¥112.23. GuruFocus considers Kinco Automation (Shanghai) Co to be Modestly Undervalued.

Key valuation signals for SHSE:688160:

  • Cyclically Adjusted PB Ratio: 14.18 (21% above median its 10-year median of 11.73)
  • GF Value™: ¥112.23 vs. price of ¥98.30 (12.4% below fair value)
  • GF Score™: 84/100 with 3 warning signs
  • Industry Position: 575.2% above the Industrial Products median (#2024 of 2102)

No single metric tells the full story. See the SHSE:688160 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kinco Automation (Shanghai) Co Business Description

Address Shenjiang Road No.5709, Qiuyue Road No.26, Building No.3, Shanghai Pilot Free Trade Zone, Shanghai, CHN, 201210
Kinco Automation (Shanghai) Co Ltd is a supplier of Manufacturing Smart Solutions in China. It focuses on the development, production and selling of automation standard products and intelligent hardware products. The company's automation standard products including Human Machine Interface (HMI), Servo System, Stepper System, Programmable Logic Controller (PLC) and Variable Frequency Drive (VFD), among others.
84GF Score

Get the complete analysis for SHSE:688160

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

¥98.30
Price
¥112.23
GF Value