Jiangxi Guoke Defence Group Co (SHSE:688543) Cyclically Adjusted PB Ratio: 9.91 (As of Sep. 04, 2026) — 16% Below Median

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SHSE:688543 Jiangxi Guoke Defence Group Co Ltd SHSE:688543
93 GF Score
Price ¥42.89
GF Value ¥47.76
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Jiangxi Guoke Defence Group Co Cyclically Adjusted PB Ratio?

Jiangxi Guoke Defence Group Co SHSE:688543 -0.51% 93 Cyclically Adjusted PB Ratio is 9.91 as of Sep. 04, 2026, which is 16% below its 10-year median of 11.80. GuruFocus rates SHSE:688543 with a GF Score™ of 93/100 and a GF Value™ of ¥47.76 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 205 Aerospace & Defense companies, Jiangxi Guoke Defence Group Co ranks worse than 83.41% on this metric.

As of today (2026-09-04), Jiangxi Guoke Defence Group Co's current share price is ¥42.89. Jiangxi Guoke Defence Group Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was ¥4.33. Jiangxi Guoke Defence Group Co's Cyclically Adjusted PB Ratio for today is 9.91.

The historical rank and industry rank for Jiangxi Guoke Defence Group Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:688543' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 8.95   Med: 11.8   Max: 15.63
Current: 9.06

During the past 11 years, Jiangxi Guoke Defence Group Co's highest Cyclically Adjusted PB Ratio was 15.63. The lowest was 8.95. And the median was 11.80.

SHSE:688543's Cyclically Adjusted PB Ratio is ranked worse than
83.41% of 205 companies
in the Aerospace & Defense industry
Industry Median: 3.38 vs SHSE:688543: 9.06

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.

Jiangxi Guoke Defence Group Co's adjusted book value per share data of for the fiscal year that ended in Dec25 was ¥9.634. 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 ¥4.33 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jiangxi Guoke Defence Group Co  (SHSE:688543) 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.


Jiangxi Guoke Defence Group Co Cyclically Adjusted PB Ratio Related Terms


Jiangxi Guoke Defence Group Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Jiangxi Guoke Defence Group 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.

Jiangxi Guoke Defence Group Co Cyclically Adjusted PB Ratio Chart

Jiangxi Guoke Defence Group Co Annual Data
Trend Dec15 Dec16 Dec17 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 9.96 11.94

Jiangxi Guoke Defence Group Co Quarterly Data
Dec20 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 11.94 0.00 0.00

SHSE:688543 vs SPCX, GE, RTX: Cyclically Adjusted PB Ratio Comparison

For the Aerospace & Defense subindustry, Jiangxi Guoke Defence Group 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.


Jiangxi Guoke Defence Group Co Cyclically Adjusted PB Ratio vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Jiangxi Guoke Defence Group Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Jiangxi Guoke Defence Group Co's Cyclically Adjusted PB Ratio falls into.


SHSE:688543
93GF Score
Jiangxi Guoke Defence Group Co Ltd SHSE:688543
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jiangxi Guoke Defence Group 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.

Jiangxi Guoke Defence Group Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=42.89/4.33
=9.91

* 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.

Jiangxi Guoke Defence Group Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Jiangxi Guoke Defence Group 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)
=9.634/115.8323*115.8323
=9.634

Current CPI (Dec25) = 115.8323.

Jiangxi Guoke Defence Group Co Annual Data

Book Value per Share CPI Adj_Book
201512 1.512 100.600 1.741
201612 1.670 102.600 1.885
201712 1.814 104.500 2.011
201912 1.405 111.200 1.464
202012 1.780 111.500 1.849
202112 2.960 113.108 3.031
202212 3.558 115.116 3.580
202312 8.945 114.781 9.027
202412 9.008 114.893 9.082
202512 9.634 115.832 9.634

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 9.91 mean?
Jiangxi Guoke Defence Group Co (SHSE:688543) has a Cyclically Adjusted PB Ratio of 9.91 as of Sep. 04, 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 Jiangxi Guoke Defence Group Co and its competitors. This is 16% below median its historical median of 11.80. Over the past decade, Jiangxi Guoke Defence Group Co's Cyclically Adjusted PB Ratio has ranged from 8.95 to 15.63. According to the industry distribution chart, Jiangxi Guoke Defence Group Co ranks #171 out of 205 companies in the Aerospace & Defense industry, placing it in the top 83.4%.
Is Jiangxi Guoke Defence Group Co's Cyclically Adjusted PB Ratio too high?
Jiangxi Guoke Defence Group Co's current Cyclically Adjusted PB Ratio of 9.91 is 16% below median its 10-year median of 11.80. Over the past 10 years, this metric has ranged from a low of 8.95 to a high of 15.63. The Aerospace & Defense industry median Cyclically Adjusted PB Ratio is 3.38. Jiangxi Guoke Defence Group Co's value of 9.91 is 193.2% above this industry median. Based on the distribution chart, Jiangxi Guoke Defence Group Co ranks #171 out of 205 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Jiangxi Guoke Defence Group Co has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jiangxi Guoke Defence Group Co's Cyclically Adjusted PB Ratio compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Jiangxi Guoke Defence Group Co ranks #171 out of 205 companies for Cyclically Adjusted PB Ratio. This places Jiangxi Guoke Defence Group Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 3.38. Jiangxi Guoke Defence Group Co's value of 9.91 is 193.2% above this benchmark. Historically, Jiangxi Guoke Defence Group Co's own Cyclically Adjusted PB Ratio has ranged from 8.95 to 15.63 over the past decade. While the company's 10-year median is 11.80 vs. the industry median of 3.38, Jiangxi Guoke Defence Group 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 Aerospace & Defense company?
The median Cyclically Adjusted PB Ratio among Aerospace & Defense companies is 3.38, based on 205 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. Jiangxi Guoke Defence Group Co's current Cyclically Adjusted PB Ratio of 9.91 is 193.2% 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 Jiangxi Guoke Defence Group Co and its competitors. For the Aerospace & Defense industry, the median Cyclically Adjusted PB Ratio is 3.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangxi Guoke Defence Group Co's current Cyclically Adjusted PB Ratio is 9.91, which is 16% below median its own 10-year median of 11.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangxi Guoke Defence Group Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangxi Guoke Defence Group Co (SHSE:688543) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥47.76, compared to a current price of ¥42.89 — trading 10.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 9.91, which is 16% below median its 10-year median of 11.80 and 193.2% above the Aerospace & Defense industry median of 3.38. Jiangxi Guoke Defence Group Co's overall GF Score™ is 93/100 with 3 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 Jiangxi Guoke Defence Group Co (SHSE:688543), the current Cyclically Adjusted PB Ratio is 9.91 as of Sep. 04, 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 Jiangxi Guoke Defence Group Co (SHSE:688543) Overvalued in 2026?

Based on GuruFocus' analysis, Jiangxi Guoke Defence Group Co stock appears to be undervalued. The current stock price of ¥42.89 is trading 10.2% below its estimated GF Value™ of ¥47.76. GuruFocus considers Jiangxi Guoke Defence Group Co to be Modestly Undervalued.

Key valuation signals for SHSE:688543:

  • Cyclically Adjusted PB Ratio: 9.91 (16% below median its 10-year median of 11.80)
  • GF Value™: ¥47.76 vs. price of ¥42.89 (10.2% below fair value)
  • GF Score™: 93/100 with 3 warning signs
  • Industry Position: 193.2% above the Aerospace & Defense median (#171 of 205)

No single metric tells the full story. See the SHSE:688543 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jiangxi Guoke Defence Group Co Business Description

Address No. 999 Jianye Street, Nanchang Economic and Technological Development Zone, Jiangxi, Nanchang, CHN, 330000
Jiangxi Guoke Defence Group Co Ltd Research and development, production and sales of missile (rocket) solid motor power and control products and ammunition equipment.
93GF Score

Get the complete analysis for SHSE:688543

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

¥42.89
Price
¥47.76
GF Value