Zhejiang Orient Gene Biotech Co (SHSE:688298) Cyclically Adjusted PB Ratio: 0.98 (As of Sep. 03, 2026) — 23% Below Median

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SHSE:688298 Zhejiang Orient Gene Biotech Co Ltd SHSE:688298
57 GF Score
Price ¥18.91
GF Value ¥31.28
Valuation Possible Value Trap
! 2 Warning Signs
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What is Zhejiang Orient Gene Biotech Co Cyclically Adjusted PB Ratio?

Zhejiang Orient Gene Biotech Co SHSE:688298 -1.30% 57 Cyclically Adjusted PB Ratio is 0.98 as of Sep. 03, 2026, which is 23% below its 10-year median of 1.27. GuruFocus rates SHSE:688298 with a GF Score™ of 57/100 and a GF Value™ of ¥31.28 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 514 Medical Devices & Instruments companies, Zhejiang Orient Gene Biotech Co ranks better than 69.26% on this metric.

As of today (2026-09-03), Zhejiang Orient Gene Biotech Co's current share price is ¥18.91. Zhejiang Orient Gene Biotech Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was ¥19.33. Zhejiang Orient Gene Biotech Co's Cyclically Adjusted PB Ratio for today is 0.98.

The historical rank and industry rank for Zhejiang Orient Gene Biotech Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:688298' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.01   Med: 1.27   Max: 1.31
Current: 1.01

During the past 10 years, Zhejiang Orient Gene Biotech Co's highest Cyclically Adjusted PB Ratio was 1.31. The lowest was 1.01. And the median was 1.27.

SHSE:688298's Cyclically Adjusted PB Ratio is ranked better than
69.26% of 514 companies
in the Medical Devices & Instruments industry
Industry Median: 1.835 vs SHSE:688298: 1.01

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.

Zhejiang Orient Gene Biotech Co's adjusted book value per share data of for the fiscal year that ended in Dec25 was ¥29.726. 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 ¥19.33 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zhejiang Orient Gene Biotech Co  (SHSE:688298) 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.


Zhejiang Orient Gene Biotech Co Cyclically Adjusted PB Ratio Related Terms


Zhejiang Orient Gene Biotech Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Zhejiang Orient Gene Biotech 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.

Zhejiang Orient Gene Biotech Co Cyclically Adjusted PB Ratio Chart

Zhejiang Orient Gene Biotech 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 1.21

Zhejiang Orient Gene Biotech 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 1.21 0.00 0.00

SHSE:688298 vs ABT, SYK, MDT: Cyclically Adjusted PB Ratio Comparison

For the Medical Devices subindustry, Zhejiang Orient Gene Biotech 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.


Zhejiang Orient Gene Biotech Co Cyclically Adjusted PB Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Zhejiang Orient Gene Biotech Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Zhejiang Orient Gene Biotech Co's Cyclically Adjusted PB Ratio falls into.


SHSE:688298
57GF Score
Zhejiang Orient Gene Biotech Co Ltd SHSE:688298
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zhejiang Orient Gene Biotech 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.

Zhejiang Orient Gene Biotech Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=18.91/19.33
=0.98

* 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.

Zhejiang Orient Gene Biotech Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Zhejiang Orient Gene Biotech 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)
=29.726/115.8323*115.8323
=29.726

Current CPI (Dec25) = 115.8323.

Zhejiang Orient Gene Biotech Co Annual Data

Book Value per Share CPI Adj_Book
201612 0.653 102.600 0.737
201712 0.883 104.500 0.979
201812 1.330 106.500 1.447
201912 1.665 111.200 1.734
202012 12.133 111.500 12.604
202112 34.014 113.108 34.833
202212 40.490 115.116 40.742
202312 36.885 114.781 37.223
202412 32.962 114.893 33.232
202512 29.726 115.832 29.726

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 0.98 mean?
Zhejiang Orient Gene Biotech Co (SHSE:688298) has a Cyclically Adjusted PB Ratio of 0.98 as of Sep. 03, 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 Zhejiang Orient Gene Biotech Co and its competitors. This is 23% below median its historical median of 1.27. Over the past decade, Zhejiang Orient Gene Biotech Co's Cyclically Adjusted PB Ratio has ranged from 1.01 to 1.31. According to the industry distribution chart, Zhejiang Orient Gene Biotech Co ranks #158 out of 514 companies in the Medical Devices & Instruments industry, placing it in the top 30.7%.
Is Zhejiang Orient Gene Biotech Co's Cyclically Adjusted PB Ratio too high?
Zhejiang Orient Gene Biotech Co's current Cyclically Adjusted PB Ratio of 0.98 is 23% below median its 10-year median of 1.27. Over the past 10 years, this metric has ranged from a low of 1.01 to a high of 1.31. The Medical Devices & Instruments industry median Cyclically Adjusted PB Ratio is 1.84. Zhejiang Orient Gene Biotech Co's value of 0.98 is 46.6% below this industry median. Based on the distribution chart, Zhejiang Orient Gene Biotech Co ranks #158 out of 514 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Zhejiang Orient Gene Biotech Co has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Orient Gene Biotech Co's Cyclically Adjusted PB Ratio compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Zhejiang Orient Gene Biotech Co ranks #158 out of 514 companies for Cyclically Adjusted PB Ratio. This puts Zhejiang Orient Gene Biotech Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.84. Zhejiang Orient Gene Biotech Co's value of 0.98 is 46.6% below this benchmark. Historically, Zhejiang Orient Gene Biotech Co's own Cyclically Adjusted PB Ratio has ranged from 1.01 to 1.31 over the past decade. While the company's 10-year median is 1.27 vs. the industry median of 1.84, Zhejiang Orient Gene Biotech Co has consistently been below 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 Medical Devices & Instruments company?
The median Cyclically Adjusted PB Ratio among Medical Devices & Instruments companies is 1.84, based on 514 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. Zhejiang Orient Gene Biotech Co's current Cyclically Adjusted PB Ratio of 0.98 is 46.6% below 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 Zhejiang Orient Gene Biotech Co and its competitors. For the Medical Devices & Instruments industry, the median Cyclically Adjusted PB Ratio is 1.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Orient Gene Biotech Co's current Cyclically Adjusted PB Ratio is 0.98, which is 23% below median its own 10-year median of 1.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Orient Gene Biotech Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Orient Gene Biotech Co (SHSE:688298) is currently considered Possible Value Trap. The stock's GF Value™ is ¥31.28, compared to a current price of ¥18.91 — trading 39.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.98, which is 23% below median its 10-year median of 1.27 and 46.6% below the Medical Devices & Instruments industry median of 1.84. Zhejiang Orient Gene Biotech Co's overall GF Score™ is 57/100 with 2 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 Zhejiang Orient Gene Biotech Co (SHSE:688298), the current Cyclically Adjusted PB Ratio is 0.98 as of Sep. 03, 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 Zhejiang Orient Gene Biotech Co (SHSE:688298) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Orient Gene Biotech Co stock appears to be undervalued. The current stock price of ¥18.91 is trading 39.5% below its estimated GF Value™ of ¥31.28. GuruFocus considers Zhejiang Orient Gene Biotech Co to be Possible Value Trap.

Key valuation signals for SHSE:688298:

  • Cyclically Adjusted PB Ratio: 0.98 (23% below median its 10-year median of 1.27)
  • GF Value™: ¥31.28 vs. price of ¥18.91 (39.5% below fair value)
  • GF Score™: 57/100 with 2 warning signs
  • Industry Position: 46.6% below the Medical Devices & Instruments median (#158 of 514)

No single metric tells the full story. See the SHSE:688298 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhejiang Orient Gene Biotech Co Business Description

Address 3787 East Section of Yangguang Avenue, Dipu Street, Anji County, Zhejiang Province, Huzhou, CHN, 313300
Zhejiang Orient Gene Biotech Co Ltd is engaged in production, research, development and sale of vitro diagnostic products. The company's products include Genetic diagnosis, Colloidal gold rapid diagnostic tests, Dry chemical strips (urinalysis), Bio-liquid diagnostic kits, Clinical test instruments, POCT time-resolved Fluor immunoassay Test kit (TRFI), and Raw materials.
57GF Score

Get the complete analysis for SHSE:688298

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

¥18.91
Price
¥31.28
GF Value