Suzhou Delphi Laser Co (SHSE:688170) Cyclically Adjusted PB Ratio: 6.69 (As of Sep. 02, 2026) — 75% Above Median

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SHSE:688170 Suzhou Delphi Laser Co Ltd SHSE:688170
77 GF Score
Price ¥52.38
GF Value ¥38.50
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Suzhou Delphi Laser Co Cyclically Adjusted PB Ratio?

Suzhou Delphi Laser Co SHSE:688170 +0.63% 77 Cyclically Adjusted PB Ratio is 6.69 as of Sep. 02, 2026, which is 75% above its 10-year median of 3.82. GuruFocus rates SHSE:688170 with a GF Score™ of 77/100 and a GF Value™ of ¥38.50 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,104 Industrial Products companies, Suzhou Delphi Laser Co ranks worse than 84.79% on this metric.

As of today (2026-09-02), Suzhou Delphi Laser Co's current share price is ¥52.38. Suzhou Delphi Laser Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was ¥7.83. Suzhou Delphi Laser Co's Cyclically Adjusted PB Ratio for today is 6.69.

The historical rank and industry rank for Suzhou Delphi Laser Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:688170' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.98   Med: 3.82   Max: 6.92
Current: 6.64

During the past 11 years, Suzhou Delphi Laser Co's highest Cyclically Adjusted PB Ratio was 6.92. The lowest was 2.98. And the median was 3.82.

SHSE:688170's Cyclically Adjusted PB Ratio is ranked worse than
84.79% of 2104 companies
in the Industrial Products industry
Industry Median: 2.16 vs SHSE:688170: 6.64

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.

Suzhou Delphi Laser Co's adjusted book value per share data of for the fiscal year that ended in Dec25 was ¥12.166. 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 ¥7.83 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Suzhou Delphi Laser Co  (SHSE:688170) 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.


Suzhou Delphi Laser Co Cyclically Adjusted PB Ratio Related Terms


Suzhou Delphi Laser Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Suzhou Delphi Laser 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.

Suzhou Delphi Laser Co Cyclically Adjusted PB Ratio Chart

Suzhou Delphi Laser Co Annual Data
Trend Dec13 Dec14 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 3.31 4.02

Suzhou Delphi Laser 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 4.02 0.00 0.00

SHSE:688170 vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Suzhou Delphi Laser 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.


Suzhou Delphi Laser Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Suzhou Delphi Laser Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Suzhou Delphi Laser Co's Cyclically Adjusted PB Ratio falls into.


SHSE:688170
77GF Score
Suzhou Delphi Laser Co Ltd SHSE:688170
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Suzhou Delphi Laser 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.

Suzhou Delphi Laser Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=52.38/7.83
=6.69

* 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.

Suzhou Delphi Laser Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Suzhou Delphi Laser 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)
=12.166/115.8323*115.8323
=12.166

Current CPI (Dec25) = 115.8323.

Suzhou Delphi Laser Co Annual Data

Book Value per Share CPI Adj_Book
201312 2.380 97.624 2.824
201412 2.567 99.000 3.003
201812 3.890 106.500 4.231
201912 4.219 111.200 4.395
202012 6.287 111.500 6.531
202112 7.475 113.108 7.655
202212 12.671 115.116 12.750
202312 12.649 114.781 12.765
202412 11.923 114.893 12.021
202512 12.166 115.832 12.166

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 6.69 mean?
Suzhou Delphi Laser Co (SHSE:688170) has a Cyclically Adjusted PB Ratio of 6.69 as of Sep. 02, 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 Suzhou Delphi Laser Co and its competitors. This is 75% above median its historical median of 3.82. Over the past decade, Suzhou Delphi Laser Co's Cyclically Adjusted PB Ratio has ranged from 2.98 to 6.92. According to the industry distribution chart, Suzhou Delphi Laser Co ranks #1784 out of 2104 companies in the Industrial Products industry, placing it in the top 84.8%.
Is Suzhou Delphi Laser Co's Cyclically Adjusted PB Ratio too high?
Suzhou Delphi Laser Co's current Cyclically Adjusted PB Ratio of 6.69 is 75% above median its 10-year median of 3.82. Over the past 10 years, this metric has ranged from a low of 2.98 to a high of 6.92. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.16. Suzhou Delphi Laser Co's value of 6.69 is 209.7% above this industry median. Based on the distribution chart, Suzhou Delphi Laser Co ranks #1784 out of 2104 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Suzhou Delphi Laser Co has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Suzhou Delphi Laser Co's Cyclically Adjusted PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Suzhou Delphi Laser Co ranks #1784 out of 2104 companies for Cyclically Adjusted PB Ratio. This places Suzhou Delphi Laser Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.16. Suzhou Delphi Laser Co's value of 6.69 is 209.7% above this benchmark. Historically, Suzhou Delphi Laser Co's own Cyclically Adjusted PB Ratio has ranged from 2.98 to 6.92 over the past decade. While the company's 10-year median is 3.82 vs. the industry median of 2.16, Suzhou Delphi Laser 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 2.16, based on 2,104 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. Suzhou Delphi Laser Co's current Cyclically Adjusted PB Ratio of 6.69 is 209.7% 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 Suzhou Delphi Laser Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Suzhou Delphi Laser Co's current Cyclically Adjusted PB Ratio is 6.69, which is 75% above median its own 10-year median of 3.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Suzhou Delphi Laser Co stock overvalued right now?
Based on GuruFocus' analysis, Suzhou Delphi Laser Co (SHSE:688170) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥38.50, compared to a current price of ¥52.38 — trading 36.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 6.69, which is 75% above median its 10-year median of 3.82 and 209.7% above the Industrial Products industry median of 2.16. Suzhou Delphi Laser Co's overall GF Score™ is 77/100 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 Suzhou Delphi Laser Co (SHSE:688170), the current Cyclically Adjusted PB Ratio is 6.69 as of Sep. 02, 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 Suzhou Delphi Laser Co (SHSE:688170) Overvalued in 2026?

Based on GuruFocus' analysis, Suzhou Delphi Laser Co stock appears to be overvalued. The current stock price of ¥52.38 is trading 36.1% above its estimated GF Value™ of ¥38.50. GuruFocus considers Suzhou Delphi Laser Co to be Significantly Overvalued.

Key valuation signals for SHSE:688170:

  • Cyclically Adjusted PB Ratio: 6.69 (75% above median its 10-year median of 3.82)
  • GF Value™: ¥38.50 vs. price of ¥52.38 (36.1% above fair value)
  • GF Score™: 77/100 with 4 warning signs
  • Industry Position: 209.7% above the Industrial Products median (#1784 of 2104)

No single metric tells the full story. See the SHSE:688170 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Suzhou Delphi Laser Co Business Description

Address No. 98, Xinglin Street, Jiangsu Industrial Park, Suzhou Area, China, Pilot Free Trade Zone, Suzhou, CHN, 215026
Suzhou Delphi Laser Co Ltd is engaged in the research and development, production, and sales of precision laser processing equipment and lasers.
77GF Score

Get the complete analysis for SHSE:688170

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

¥52.38
Price
¥38.50
GF Value