Longyan Zhuoyue New Energy Co (SHSE:688196) Cyclically Adjusted PB Ratio: 2.09 (As of Aug. 20, 2026) — 38% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:688196 Longyan Zhuoyue New Energy Co Ltd SHSE:688196
84 GF Score
Price ¥35.63
GF Value ¥36.39
Valuation Fairly Valued
! 10 Warning Signs
View Full Analysis

What is Longyan Zhuoyue New Energy Co Cyclically Adjusted PB Ratio?

Longyan Zhuoyue New Energy Co SHSE:688196 +2.39% 84 Cyclically Adjusted PB Ratio is 2.09 as of Aug. 20, 2026, which is 38% below its 10-year median of 3.39. GuruFocus rates SHSE:688196 with a GF Score™ of 84/100 and a GF Value™ of ¥36.39 (Fairly Valued). The stock has 10 warning signs investors should review. Among 1,181 Chemicals companies, Longyan Zhuoyue New Energy Co ranks worse than 56.9% on this metric.

As of today (2026-08-20), Longyan Zhuoyue New Energy Co's current share price is ¥35.63. Longyan Zhuoyue New Energy Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ¥17.03. Longyan Zhuoyue New Energy Co's Cyclically Adjusted PB Ratio for today is 2.09.

The historical rank and industry rank for Longyan Zhuoyue New Energy Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:688196' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.85   Med: 3.39   Max: 5.35
Current: 2.04

During the past years, Longyan Zhuoyue New Energy Co's highest Cyclically Adjusted PB Ratio was 5.35. The lowest was 1.85. And the median was 3.39.

SHSE:688196's Cyclically Adjusted PB Ratio is ranked worse than
56.9% of 1181 companies
in the Chemicals industry
Industry Median: 1.67 vs SHSE:688196: 2.04

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.

Longyan Zhuoyue New Energy Co's adjusted book value per share data for the three months ended in Mar. 2026 was ¥25.266. 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 ¥17.03 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Longyan Zhuoyue New Energy Co  (SHSE:688196) 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.


Longyan Zhuoyue New Energy Co Cyclically Adjusted PB Ratio Related Terms


Longyan Zhuoyue New Energy Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Longyan Zhuoyue New Energy 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.

Longyan Zhuoyue New Energy Co Cyclically Adjusted PB Ratio Chart

Longyan Zhuoyue New Energy 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 0.00 0.00 0.00 3.60

Longyan Zhuoyue New Energy Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 3.60 4.11

SHSE:688196 vs LIN, SHW, ECL: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, Longyan Zhuoyue New Energy 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.


Longyan Zhuoyue New Energy Co Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Longyan Zhuoyue New Energy Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Longyan Zhuoyue New Energy Co's Cyclically Adjusted PB Ratio falls into.


SHSE:688196
84GF Score
Longyan Zhuoyue New Energy Co Ltd SHSE:688196
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Longyan Zhuoyue New Energy 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.

Longyan Zhuoyue New Energy Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=35.63/17.03
=2.09

* 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.

Longyan Zhuoyue New Energy Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Longyan Zhuoyue New Energy Co's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=25.266/116.3033*116.3033
=25.266

Current CPI (Mar. 2026) = 116.3033.

Longyan Zhuoyue New Energy Co Quarterly Data

Book Value per Share CPI Adj_Book
201212 3.164 95.237 3.864
201303 0.000 96.372 0.000
201312 4.268 97.624 5.085
201403 4.521 98.600 5.333
201412 4.599 99.000 5.403
201512 4.692 100.600 5.424
201612 5.253 102.600 5.955
201706 5.607 103.100 6.325
201712 5.973 104.500 6.648
201809 0.000 106.600 0.000
201812 7.238 106.500 7.904
201903 7.688 107.700 8.302
201906 8.350 107.700 9.017
201909 6.875 109.800 7.282
201912 17.233 111.200 18.024
202003 17.539 112.300 18.164
202006 17.736 110.400 18.684
202009 18.124 111.700 18.871
202012 18.531 111.500 19.329
202103 19.009 112.662 19.623
202106 18.597 111.769 19.351
202109 19.379 112.215 20.085
202112 20.584 113.108 21.166
202203 21.418 114.335 21.787
202206 21.642 114.558 21.972
202209 23.019 115.339 23.212
202212 23.198 115.116 23.437
202303 23.792 115.116 24.037
202306 22.913 114.558 23.262
202309 22.924 115.339 23.116
202312 22.335 114.781 22.631
202403 22.525 115.227 22.735
202406 22.902 114.781 23.206
202409 22.754 115.785 22.856
202412 23.273 114.893 23.559
202503 23.788 115.116 24.033
202506 23.820 114.907 24.109
202509 22.821 115.471 22.985
202512 25.064 115.832 25.166
202603 25.266 116.303 25.266

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 2.09 mean?
Longyan Zhuoyue New Energy Co (SHSE:688196) has a Cyclically Adjusted PB Ratio of 2.09 as of Aug. 20, 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 Longyan Zhuoyue New Energy Co and its competitors. This is 38% below median its historical median of 3.39. Over the past decade, Longyan Zhuoyue New Energy Co's Cyclically Adjusted PB Ratio has ranged from 1.85 to 5.35. According to the industry distribution chart, Longyan Zhuoyue New Energy Co ranks #672 out of 1181 companies in the Chemicals industry, placing it in the top 56.9%.
Is Longyan Zhuoyue New Energy Co's Cyclically Adjusted PB Ratio too high?
Longyan Zhuoyue New Energy Co's current Cyclically Adjusted PB Ratio of 2.09 is 38% below median its 10-year median of 3.39. Over the past 10 years, this metric has ranged from a low of 1.85 to a high of 5.35. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.67. Longyan Zhuoyue New Energy Co's value of 2.09 is 25.1% above this industry median. Based on the distribution chart, Longyan Zhuoyue New Energy Co ranks #672 out of 1181 companies in the Chemicals industry, which is below the industry midpoint. Overall, Longyan Zhuoyue New Energy Co has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Longyan Zhuoyue New Energy Co's Cyclically Adjusted PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Longyan Zhuoyue New Energy Co ranks #672 out of 1181 companies for Cyclically Adjusted PB Ratio. This places Longyan Zhuoyue New Energy Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.67. Longyan Zhuoyue New Energy Co's value of 2.09 is 25.1% above this benchmark. Historically, Longyan Zhuoyue New Energy Co's own Cyclically Adjusted PB Ratio has ranged from 1.85 to 5.35 over the past decade. While the company's 10-year median is 3.39 vs. the industry median of 1.67, Longyan Zhuoyue New Energy 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 Chemicals company?
The median Cyclically Adjusted PB Ratio among Chemicals companies is 1.67, based on 1,181 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. Longyan Zhuoyue New Energy Co's current Cyclically Adjusted PB Ratio of 2.09 is 25.1% 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 Longyan Zhuoyue New Energy Co and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Longyan Zhuoyue New Energy Co's current Cyclically Adjusted PB Ratio is 2.09, which is 38% below median its own 10-year median of 3.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Longyan Zhuoyue New Energy Co stock overvalued right now?
Based on GuruFocus' analysis, Longyan Zhuoyue New Energy Co (SHSE:688196) is currently considered Fairly Valued. The stock's GF Value™ is ¥36.39, compared to a current price of ¥35.63 — trading 2.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.09, which is 38% below median its 10-year median of 3.39 and 25.1% above the Chemicals industry median of 1.67. Longyan Zhuoyue New Energy Co's overall GF Score™ is 84/100 with 10 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 Longyan Zhuoyue New Energy Co (SHSE:688196), the current Cyclically Adjusted PB Ratio is 2.09 as of Aug. 20, 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 Longyan Zhuoyue New Energy Co (SHSE:688196) Overvalued in 2026?

Based on GuruFocus' analysis, Longyan Zhuoyue New Energy Co stock appears to be undervalued. The current stock price of ¥35.63 is trading 2.1% below its estimated GF Value™ of ¥36.39. GuruFocus considers Longyan Zhuoyue New Energy Co to be Fairly Valued.

Key valuation signals for SHSE:688196:

  • Cyclically Adjusted PB Ratio: 2.09 (38% below median its 10-year median of 3.39)
  • GF Value™: ¥36.39 vs. price of ¥35.63 (2.1% below fair value)
  • GF Score™: 84/100 with 10 warning signs
  • Industry Position: 25.1% above the Chemicals median (#672 of 1181)

No single metric tells the full story. See the SHSE:688196 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Longyan Zhuoyue New Energy Co Business Description

Address Pinglin Industrial Development Zone, Tieshan, Xinluo, Fujian, Longyan, CHN, 364000
Longyan Zhuoyue New Energy Co Ltd is a renewable company focusing on the manufacturing of biomass products, including biodiesel of UCOME, BGME, and PME, derivative industrial glycerin, biomass plasticizers, waterborne alkyd resin, and etc.
84GF Score

Get the complete analysis for SHSE:688196

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

¥35.63
Price
¥36.39
GF Value