China Railway High-speed Electrification Equipment Co (SHSE:688285) Cyclically Adjusted PB Ratio: 2.45 (As of Aug. 18, 2026) — 18% Below Median

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SHSE:688285 China Railway High-speed Electrification Equipment Co Ltd SHSE:688285
66 GF Score
Price ¥7.61
GF Value ¥8.80
Valuation Modestly Undervalued
! 5 Warning Signs
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What is China Railway High-speed Electrification Equipment Co Cyclically Adjusted PB Ratio?

China Railway High-speed Electrification Equipment Co SHSE:688285 -1.17% 66 Cyclically Adjusted PB Ratio is 2.45 as of Aug. 18, 2026, which is 18% below its 10-year median of 3.00. GuruFocus rates SHSE:688285 with a GF Score™ of 66/100 and a GF Value™ of ¥8.80 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 721 Transportation companies, China Railway High-speed Electrification Equipment Co ranks worse than 76.01% on this metric.

As of today (2026-08-18), China Railway High-speed Electrification Equipment Co's current share price is ¥7.61. China Railway High-speed Electrification Equipment Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was ¥3.11. China Railway High-speed Electrification Equipment Co's Cyclically Adjusted PB Ratio for today is 2.45.

The historical rank and industry rank for China Railway High-speed Electrification Equipment Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:688285' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.44   Med: 3   Max: 3.17
Current: 2.44

During the past 10 years, China Railway High-speed Electrification Equipment Co's highest Cyclically Adjusted PB Ratio was 3.17. The lowest was 2.44. And the median was 3.00.

SHSE:688285's Cyclically Adjusted PB Ratio is ranked worse than
76.01% of 721 companies
in the Transportation industry
Industry Median: 1.27 vs SHSE:688285: 2.44

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.

China Railway High-speed Electrification Equipment Co's adjusted book value per share data of for the fiscal year that ended in Dec25 was ¥4.491. 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 ¥3.11 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Railway High-speed Electrification Equipment Co  (SHSE:688285) 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.


China Railway High-speed Electrification Equipment Co Cyclically Adjusted PB Ratio Related Terms


China Railway High-speed Electrification Equipment Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for China Railway High-speed Electrification Equipment 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.

China Railway High-speed Electrification Equipment Co Cyclically Adjusted PB Ratio Chart

China Railway High-speed Electrification Equipment 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 2.79

China Railway High-speed Electrification Equipment 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 2.79 0.00

SHSE:688285 vs UNP, CSX, NSC: Cyclically Adjusted PB Ratio Comparison

For the Railroads subindustry, China Railway High-speed Electrification Equipment 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.


China Railway High-speed Electrification Equipment Co Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, China Railway High-speed Electrification Equipment Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where China Railway High-speed Electrification Equipment Co's Cyclically Adjusted PB Ratio falls into.


SHSE:688285
66GF Score
China Railway High-speed Electrification Equipment Co Ltd SHSE:688285
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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China Railway High-speed Electrification Equipment 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.

China Railway High-speed Electrification Equipment Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.61/3.11
=2.45

* 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.

China Railway High-speed Electrification Equipment Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, China Railway High-speed Electrification Equipment 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)
=4.491/115.8323*115.8323
=4.491

Current CPI (Dec25) = 115.8323.

China Railway High-speed Electrification Equipment Co Annual Data

Book Value per Share CPI Adj_Book
201612 1.361 102.600 1.537
201712 1.302 104.500 1.443
201812 1.616 106.500 1.758
201912 2.198 111.200 2.290
202012 2.494 111.500 2.591
202112 3.931 113.108 4.026
202212 4.213 115.116 4.239
202312 4.284 114.781 4.323
202412 4.375 114.893 4.411
202512 4.491 115.832 4.491

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 2.45 mean?
China Railway High-speed Electrification Equipment Co (SHSE:688285) has a Cyclically Adjusted PB Ratio of 2.45 as of Aug. 18, 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 China Railway High-speed Electrification Equipment Co and its competitors. This is 18% below median its historical median of 3.00. Over the past decade, China Railway High-speed Electrification Equipment Co's Cyclically Adjusted PB Ratio has ranged from 2.44 to 3.17. According to the industry distribution chart, China Railway High-speed Electrification Equipment Co ranks #548 out of 721 companies in the Transportation industry, placing it in the top 76%.
Is China Railway High-speed Electrification Equipment Co's Cyclically Adjusted PB Ratio too high?
China Railway High-speed Electrification Equipment Co's current Cyclically Adjusted PB Ratio of 2.45 is 18% below median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 2.44 to a high of 3.17. The Transportation industry median Cyclically Adjusted PB Ratio is 1.27. China Railway High-speed Electrification Equipment Co's value of 2.45 is 92.9% above this industry median. Based on the distribution chart, China Railway High-speed Electrification Equipment Co ranks #548 out of 721 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, China Railway High-speed Electrification Equipment Co has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Railway High-speed Electrification Equipment Co's Cyclically Adjusted PB Ratio compare to UNP and CSX?
According to the Transportation industry distribution chart, China Railway High-speed Electrification Equipment Co ranks #548 out of 721 companies for Cyclically Adjusted PB Ratio. This places China Railway High-speed Electrification Equipment Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.27. China Railway High-speed Electrification Equipment Co's value of 2.45 is 92.9% above this benchmark. Historically, China Railway High-speed Electrification Equipment Co's own Cyclically Adjusted PB Ratio has ranged from 2.44 to 3.17 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 1.27, China Railway High-speed Electrification Equipment 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 Transportation company?
The median Cyclically Adjusted PB Ratio among Transportation companies is 1.27, based on 721 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. China Railway High-speed Electrification Equipment Co's current Cyclically Adjusted PB Ratio of 2.45 is 92.9% 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 China Railway High-speed Electrification Equipment Co and its competitors. For the Transportation industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Railway High-speed Electrification Equipment Co's current Cyclically Adjusted PB Ratio is 2.45, which is 18% below median its own 10-year median of 3.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Railway High-speed Electrification Equipment Co stock overvalued right now?
Based on GuruFocus' analysis, China Railway High-speed Electrification Equipment Co (SHSE:688285) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥8.80, compared to a current price of ¥7.61 — trading 13.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.45, which is 18% below median its 10-year median of 3.00 and 92.9% above the Transportation industry median of 1.27. China Railway High-speed Electrification Equipment Co's overall GF Score™ is 66/100 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 China Railway High-speed Electrification Equipment Co (SHSE:688285), the current Cyclically Adjusted PB Ratio is 2.45 as of Aug. 18, 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 China Railway High-speed Electrification Equipment Co (SHSE:688285) Overvalued in 2026?

Based on GuruFocus' analysis, China Railway High-speed Electrification Equipment Co stock appears to be undervalued. The current stock price of ¥7.61 is trading 13.5% below its estimated GF Value™ of ¥8.80. GuruFocus considers China Railway High-speed Electrification Equipment Co to be Modestly Undervalued.

Key valuation signals for SHSE:688285:

  • Cyclically Adjusted PB Ratio: 2.45 (18% below median its 10-year median of 3.00)
  • GF Value™: ¥8.80 vs. price of ¥7.61 (13.5% below fair value)
  • GF Score™: 66/100 with 5 warning signs
  • Industry Position: 92.9% above the Transportation median (#548 of 721)

No single metric tells the full story. See the SHSE:688285 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Railway High-speed Electrification Equipment Co Business Description

Address No. 196, Gaoxin Avenue, High-tech Development Zone, Shaanxi Province, Baoji, CHN, 721006
China Railway High-speed Electrification Equipment Co Ltd is engaged in the research and development, design, manufacturing and sales of electrified railway catenary products, urban rail transit power supply equipment and off-track products.
66GF Score

Get the complete analysis for SHSE:688285

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

¥7.61
Price
¥8.80
GF Value