Xi'an Manareco New Materials Co (SHSE:688550) Cyclically Adjusted PB Ratio: 3.25 (As of Aug. 23, 2026) — Near Median

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SHSE:688550 Xi'an Manareco New Materials Co Ltd SHSE:688550
91 GF Score
Price ¥38.79
GF Value ¥40.33
Valuation Fairly Valued
! 1 Warning Sign
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What is Xi'an Manareco New Materials Co Cyclically Adjusted PB Ratio?

Xi'an Manareco New Materials Co SHSE:688550 -0.46% 91 Cyclically Adjusted PB Ratio is 3.25 as of Aug. 23, 2026, which is 8% below its 10-year median of 3.55. GuruFocus rates SHSE:688550 with a GF Score™ of 91/100 and a GF Value™ of ¥40.33 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,141 Chemicals companies, Xi'an Manareco New Materials Co ranks worse than 73.36% on this metric.

As of today (2026-08-23), Xi'an Manareco New Materials Co's current share price is ¥38.79. Xi'an Manareco New Materials Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was ¥11.92. Xi'an Manareco New Materials Co's Cyclically Adjusted PB Ratio for today is 3.25.

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

SHSE:688550' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.72   Med: 3.55   Max: 4.34
Current: 3.25

During the past 13 years, Xi'an Manareco New Materials Co's highest Cyclically Adjusted PB Ratio was 4.34. The lowest was 2.72. And the median was 3.55.

SHSE:688550's Cyclically Adjusted PB Ratio is ranked worse than
73.36% of 1141 companies
in the Chemicals industry
Industry Median: 1.67 vs SHSE:688550: 3.25

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.

Xi'an Manareco New Materials Co's adjusted book value per share data of for the fiscal year that ended in Dec25 was ¥18.948. 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 ¥11.92 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Xi'an Manareco New Materials Co  (SHSE:688550) 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.


Xi'an Manareco New Materials Co Cyclically Adjusted PB Ratio Related Terms


Xi'an Manareco New Materials Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Xi'an Manareco 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.

Xi'an Manareco New Materials Co Cyclically Adjusted PB Ratio Chart

Xi'an Manareco 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 3.48 3.46 3.05 3.80

Xi'an Manareco New Materials 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 3.80 0.00 0.00

SHSE:688550 vs LIN, SHW, ECL: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, Xi'an Manareco 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.


Xi'an Manareco New Materials Co Cyclically Adjusted PB Ratio vs Chemicals Industry

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

* The bar in red indicates where Xi'an Manareco New Materials Co's Cyclically Adjusted PB Ratio falls into.


SHSE:688550
91GF Score
Xi'an Manareco New Materials Co Ltd SHSE:688550
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Xi'an Manareco 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.

Xi'an Manareco New Materials Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=38.79/11.92
=3.25

* 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.

Xi'an Manareco New Materials Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Xi'an Manareco New Materials 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)
=18.948/115.8323*115.8323
=18.948

Current CPI (Dec25) = 115.8323.

Xi'an Manareco New Materials Co Annual Data

Book Value per Share CPI Adj_Book
201612 3.290 102.600 3.714
201712 3.723 104.500 4.127
201812 4.205 106.500 4.573
201912 5.014 111.200 5.223
202012 15.053 111.500 15.638
202112 15.963 113.108 16.348
202212 16.503 115.116 16.606
202312 16.450 114.781 16.601
202412 17.314 114.893 17.456
202512 18.948 115.832 18.948

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 3.25 mean?
Xi'an Manareco New Materials Co (SHSE:688550) has a Cyclically Adjusted PB Ratio of 3.25 as of Aug. 23, 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 Xi'an Manareco New Materials Co and its competitors. This is near median its historical median of 3.55. Over the past decade, Xi'an Manareco New Materials Co's Cyclically Adjusted PB Ratio has ranged from 2.72 to 4.34. According to the industry distribution chart, Xi'an Manareco New Materials Co ranks #837 out of 1141 companies in the Chemicals industry, placing it in the top 73.4%.
Is Xi'an Manareco New Materials Co's Cyclically Adjusted PB Ratio too high?
Xi'an Manareco New Materials Co's current Cyclically Adjusted PB Ratio of 3.25 is near median its 10-year median of 3.55. Over the past 10 years, this metric has ranged from a low of 2.72 to a high of 4.34. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.67. Xi'an Manareco New Materials Co's value of 3.25 is 94.6% above this industry median. Based on the distribution chart, Xi'an Manareco New Materials Co ranks #837 out of 1141 companies in the Chemicals industry, which is below the industry midpoint. Overall, Xi'an Manareco New Materials Co has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Xi'an Manareco New Materials Co's Cyclically Adjusted PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Xi'an Manareco New Materials Co ranks #837 out of 1141 companies for Cyclically Adjusted PB Ratio. This places Xi'an Manareco New Materials Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.67. Xi'an Manareco New Materials Co's value of 3.25 is 94.6% above this benchmark. Historically, Xi'an Manareco New Materials Co's own Cyclically Adjusted PB Ratio has ranged from 2.72 to 4.34 over the past decade. While the company's 10-year median is 3.55 vs. the industry median of 1.67, Xi'an Manareco 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 1,141 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. Xi'an Manareco New Materials Co's current Cyclically Adjusted PB Ratio of 3.25 is 94.6% 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 Xi'an Manareco 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. Xi'an Manareco New Materials Co's current Cyclically Adjusted PB Ratio is 3.25, which is near median its own 10-year median of 3.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xi'an Manareco New Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Xi'an Manareco New Materials Co (SHSE:688550) is currently considered Fairly Valued. The stock's GF Value™ is ¥40.33, compared to a current price of ¥38.79 — trading 3.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.25, which is near median its 10-year median of 3.55 and 94.6% above the Chemicals industry median of 1.67. Xi'an Manareco New Materials Co's overall GF Score™ is 91/100 with 1 warning sign 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 Xi'an Manareco New Materials Co (SHSE:688550), the current Cyclically Adjusted PB Ratio is 3.25 as of Aug. 23, 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 Xi'an Manareco New Materials Co (SHSE:688550) Overvalued in 2026?

Based on GuruFocus' analysis, Xi'an Manareco New Materials Co stock appears to be undervalued. The current stock price of ¥38.79 is trading 3.8% below its estimated GF Value™ of ¥40.33. GuruFocus considers Xi'an Manareco New Materials Co to be Fairly Valued.

Key valuation signals for SHSE:688550:

  • Cyclically Adjusted PB Ratio: 3.25 (near median its 10-year median of 3.55)
  • GF Value™: ¥40.33 vs. price of ¥38.79 (3.8% below fair value)
  • GF Score™: 91/100 with 1 warning sign
  • Industry Position: 94.6% above the Chemicals median (#837 of 1141)

No single metric tells the full story. See the SHSE:688550 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Xi'an Manareco New Materials Co Business Description

Address No. 71, Jinye 2nd Road, High-tech Zone, Shaanxi Province, Xi\'an, CHN, 710077
Xi'an Manareco New Materials Co Ltd is engaged in production and sales of special organic new materials involving in liquid crystal singles, OLED materials and pharmaceutical intermediates, which will be applied to LC mixtures, OLED final materials, and APIs. The company's products include Liquid Crystal Intermediates; OLED; Pharmaceutical Intermediates; and Other Organic Fine Chemicals.
91GF Score

Get the complete analysis for SHSE:688550

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

¥38.79
Price
¥40.33
GF Value