Tianjin Jiuri New Materials Co (SHSE:688199) Cyclically Adjusted PB Ratio: 1.74 (As of Aug. 21, 2026) — Near Median

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SHSE:688199 Tianjin Jiuri New Materials Co Ltd SHSE:688199
78 GF Score
Price ¥23.09
GF Value ¥23.31
Valuation Fairly Valued
! 7 Warning Signs
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What is Tianjin Jiuri New Materials Co Cyclically Adjusted PB Ratio?

Tianjin Jiuri New Materials Co SHSE:688199 +0.26% 78 Cyclically Adjusted PB Ratio is 1.74 as of Aug. 21, 2026, which is 9% above its 10-year median of 1.59. GuruFocus rates SHSE:688199 with a GF Score™ of 78/100 and a GF Value™ of ¥23.31 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,175 Chemicals companies, Tianjin Jiuri New Materials Co ranks worse than 52.09% on this metric.

As of today (2026-08-21), Tianjin Jiuri New Materials Co's current share price is ¥23.09. Tianjin Jiuri New Materials Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ¥13.24. Tianjin Jiuri New Materials Co's Cyclically Adjusted PB Ratio for today is 1.74.

The historical rank and industry rank for Tianjin Jiuri New Materials Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:688199' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.05   Med: 1.59   Max: 2.57
Current: 1.74

During the past years, Tianjin Jiuri New Materials Co's highest Cyclically Adjusted PB Ratio was 2.57. The lowest was 1.05. And the median was 1.59.

SHSE:688199's Cyclically Adjusted PB Ratio is ranked worse than
52.09% of 1175 companies
in the Chemicals industry
Industry Median: 1.67 vs SHSE:688199: 1.74

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.

Tianjin Jiuri New Materials Co's adjusted book value per share data for the three months ended in Mar. 2026 was ¥16.052. 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 ¥13.24 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tianjin Jiuri New Materials Co  (SHSE:688199) 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.


Tianjin Jiuri New Materials Co Cyclically Adjusted PB Ratio Related Terms


Tianjin Jiuri New Materials Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Tianjin Jiuri New Materials 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.

Tianjin Jiuri New Materials Co Cyclically Adjusted PB Ratio Chart

Tianjin Jiuri New Materials 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 1.86 1.33 1.83

Tianjin Jiuri New Materials 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 1.45 1.95 2.12 1.83 1.76

SHSE:688199 vs DOW: Cyclically Adjusted PB Ratio Comparison

For the Chemicals subindustry, Tianjin Jiuri New Materials 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.


Tianjin Jiuri New Materials Co Cyclically Adjusted PB Ratio vs Chemicals Industry

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

* The bar in red indicates where Tianjin Jiuri New Materials Co's Cyclically Adjusted PB Ratio falls into.


SHSE:688199
78GF Score
Tianjin Jiuri New Materials Co Ltd SHSE:688199
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tianjin Jiuri New Materials 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.

Tianjin Jiuri New Materials Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=23.09/13.24
=1.74

* 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.

Tianjin Jiuri New Materials Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Tianjin Jiuri New Materials 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)
=16.052/116.3033*116.3033
=16.052

Current CPI (Mar. 2026) = 116.3033.

Tianjin Jiuri New Materials Co Quarterly Data

Book Value per Share CPI Adj_Book
201512 3.945 100.600 4.561
201606 4.766 101.400 5.466
201612 4.764 102.600 5.400
201703 0.000 103.200 0.000
201706 5.164 103.100 5.825
201709 0.000 104.100 0.000
201712 5.191 104.500 5.777
201803 5.434 105.300 6.002
201806 5.787 104.900 6.416
201809 6.130 106.600 6.688
201812 6.632 106.500 7.242
201903 7.467 107.700 8.063
201906 7.171 107.700 7.744
201909 5.686 109.800 6.023
201912 16.094 111.200 16.833
202003 16.254 112.300 16.833
202006 15.899 110.400 16.749
202009 16.136 111.700 16.801
202012 15.789 111.500 16.469
202103 15.737 112.662 16.246
202106 15.781 111.769 16.421
202109 16.067 112.215 16.652
202112 16.496 113.108 16.962
202203 16.807 114.335 17.096
202206 16.862 114.558 17.119
202209 16.810 115.339 16.951
202212 16.427 115.116 16.596
202303 16.329 115.116 16.497
202306 16.238 114.558 16.485
202309 16.027 115.339 16.161
202312 15.816 114.781 16.026
202403 16.138 115.227 16.289
202406 16.105 114.781 16.319
202409 16.053 115.785 16.125
202412 15.858 114.893 16.053
202503 15.806 115.116 15.969
202506 15.816 114.907 16.008
202509 15.923 115.471 16.038
202512 16.105 115.832 16.170
202603 16.052 116.303 16.052

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 1.74 mean?
Tianjin Jiuri New Materials Co (SHSE:688199) has a Cyclically Adjusted PB Ratio of 1.74 as of Aug. 21, 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 Tianjin Jiuri New Materials Co and its competitors. This is near median its historical median of 1.59. Over the past decade, Tianjin Jiuri New Materials Co's Cyclically Adjusted PB Ratio has ranged from 1.05 to 2.57. According to the industry distribution chart, Tianjin Jiuri New Materials Co ranks #612 out of 1175 companies in the Chemicals industry, placing it in the top 52.1%.
Is Tianjin Jiuri New Materials Co's Cyclically Adjusted PB Ratio too high?
Tianjin Jiuri New Materials Co's current Cyclically Adjusted PB Ratio of 1.74 is near median its 10-year median of 1.59. Over the past 10 years, this metric has ranged from a low of 1.05 to a high of 2.57. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.67. Tianjin Jiuri New Materials Co's value of 1.74 is 4.2% above this industry median. Based on the distribution chart, Tianjin Jiuri New Materials Co ranks #612 out of 1175 companies in the Chemicals industry, which is below the industry midpoint. Overall, Tianjin Jiuri New Materials Co has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tianjin Jiuri New Materials Co's Cyclically Adjusted PB Ratio compare to DOW?
According to the Chemicals industry distribution chart, Tianjin Jiuri New Materials Co ranks #612 out of 1175 companies for Cyclically Adjusted PB Ratio. This places Tianjin Jiuri New Materials Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.67. Tianjin Jiuri New Materials Co's value of 1.74 is 4.2% above this benchmark. Historically, Tianjin Jiuri New Materials Co's own Cyclically Adjusted PB Ratio has ranged from 1.05 to 2.57 over the past decade. While the company's 10-year median is 1.59 vs. the industry median of 1.67, Tianjin Jiuri New Materials 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 1,175 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. Tianjin Jiuri New Materials Co's current Cyclically Adjusted PB Ratio of 1.74 is 4.2% 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 Tianjin Jiuri New Materials 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. Tianjin Jiuri New Materials Co's current Cyclically Adjusted PB Ratio is 1.74, which is near median its own 10-year median of 1.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tianjin Jiuri New Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Tianjin Jiuri New Materials Co (SHSE:688199) is currently considered Fairly Valued. The stock's GF Value™ is ¥23.31, compared to a current price of ¥23.09 — trading 0.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.74, which is near median its 10-year median of 1.59 and 4.2% above the Chemicals industry median of 1.67. Tianjin Jiuri New Materials Co's overall GF Score™ is 78/100 with 7 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 Tianjin Jiuri New Materials Co (SHSE:688199), the current Cyclically Adjusted PB Ratio is 1.74 as of Aug. 21, 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 Tianjin Jiuri New Materials Co (SHSE:688199) Overvalued in 2026?

Based on GuruFocus' analysis, Tianjin Jiuri New Materials Co stock appears to be undervalued. The current stock price of ¥23.09 is trading 0.9% below its estimated GF Value™ of ¥23.31. GuruFocus considers Tianjin Jiuri New Materials Co to be Fairly Valued.

Key valuation signals for SHSE:688199:

  • Cyclically Adjusted PB Ratio: 1.74 (near median its 10-year median of 1.59)
  • GF Value™: ¥23.31 vs. price of ¥23.09 (0.9% below fair value)
  • GF Score™: 78/100 with 7 warning signs
  • Industry Position: 4.2% above the Chemicals median (#612 of 1175)

No single metric tells the full story. See the SHSE:688199 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tianjin Jiuri New Materials Co Business Description

Address No. 22, Shuangchen Middle Road, Beichen District, Tianjin, CHN, 300384
Tianjin Jiuri New Materials Co Ltd is a manufacturer of photoinitiator. The business activities of the group includes manufacturing, sales and service of photoinitiators monomers, oligomers, UV absorbers and other related products.
78GF Score

Get the complete analysis for SHSE:688199

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

¥23.09
Price
¥23.31
GF Value