China Nonferrous Mining (STU:3N4) Cyclically Adjusted PB Ratio: 4.25 (As of Aug. 16, 2026) — 125% Above Median

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STU:3N4 China Nonferrous Mining Corp Ltd STU:3N4
78 GF Score
Price €1.53
GF Value €0.53
Valuation Significantly Overvalued
! 1 Warning Sign
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What is China Nonferrous Mining Cyclically Adjusted PB Ratio?

China Nonferrous Mining STU:3N4 78 Cyclically Adjusted PB Ratio is 4.25 as of Aug. 16, 2026, which is 125% above its 10-year median of 1.89. GuruFocus rates STU:3N4 with a GF Score™ of 78/100 and a GF Value™ of €0.53 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,524 Metals & Mining companies, China Nonferrous Mining ranks worse than 77.3% on this metric.

As of today (2026-08-16), China Nonferrous Mining's current share price is €1.53. China Nonferrous Mining's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was €0.36. China Nonferrous Mining's Cyclically Adjusted PB Ratio for today is 4.25.

The historical rank and industry rank for China Nonferrous Mining's Cyclically Adjusted PB Ratio or its related term are showing as below:

STU:3N4' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.06   Med: 1.89   Max: 5.58
Current: 4.18

During the past 13 years, China Nonferrous Mining's highest Cyclically Adjusted PB Ratio was 5.58. The lowest was 1.06. And the median was 1.89.

STU:3N4's Cyclically Adjusted PB Ratio is ranked worse than
77.3% of 1524 companies
in the Metals & Mining industry
Industry Median: 1.535 vs STU:3N4: 4.18

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 Nonferrous Mining's adjusted book value per share data of for the fiscal year that ended in Dec25 was €0.544. 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 €0.36 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Nonferrous Mining  (STU:3N4) 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 Nonferrous Mining Cyclically Adjusted PB Ratio Related Terms


China Nonferrous Mining Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for China Nonferrous Mining'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 Nonferrous Mining Cyclically Adjusted PB Ratio Chart

China Nonferrous Mining 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 1.39 1.59 1.86 1.73 4.34

China Nonferrous Mining Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 1.86 0.00 1.73 0.00 4.34

STU:3N4 vs SCCO, FCX: Cyclically Adjusted PB Ratio Comparison

For the Copper subindustry, China Nonferrous Mining'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 Nonferrous Mining Cyclically Adjusted PB Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, China Nonferrous Mining's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where China Nonferrous Mining's Cyclically Adjusted PB Ratio falls into.


STU:3N4
78GF Score
China Nonferrous Mining Corp Ltd STU:3N4
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Nonferrous Mining 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 Nonferrous Mining's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.53/0.36
=4.25

* 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.

China Nonferrous Mining's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, China Nonferrous Mining'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)
=0.544/324.0540*324.0540
=0.544

Current CPI (Dec25) = 324.0540.

China Nonferrous Mining Annual Data

Book Value per Share CPI Adj_Book
201612 0.175 241.432 0.235
201712 0.191 246.524 0.251
201812 0.229 251.233 0.295
201912 0.262 256.974 0.330
202012 0.262 260.474 0.326
202112 0.365 278.802 0.424
202212 0.422 296.797 0.461
202312 0.452 306.746 0.478
202412 0.550 315.605 0.565
202512 0.544 324.054 0.544

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 4.25 mean?
China Nonferrous Mining (STU:3N4) has a Cyclically Adjusted PB Ratio of 4.25 as of Aug. 16, 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 Nonferrous Mining and its competitors. This is 125% above median its historical median of 1.89. Over the past decade, China Nonferrous Mining's Cyclically Adjusted PB Ratio has ranged from 1.06 to 5.58. According to the industry distribution chart, China Nonferrous Mining ranks #1178 out of 1524 companies in the Metals & Mining industry, placing it in the top 77.3%.
Is China Nonferrous Mining's Cyclically Adjusted PB Ratio too high?
China Nonferrous Mining's current Cyclically Adjusted PB Ratio of 4.25 is 125% above median its 10-year median of 1.89. Over the past 10 years, this metric has ranged from a low of 1.06 to a high of 5.58. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.54. China Nonferrous Mining's value of 4.25 is 176.9% above this industry median. Based on the distribution chart, China Nonferrous Mining ranks #1178 out of 1524 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, China Nonferrous Mining has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Nonferrous Mining's Cyclically Adjusted PB Ratio compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, China Nonferrous Mining ranks #1178 out of 1524 companies for Cyclically Adjusted PB Ratio. This places China Nonferrous Mining in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.54. China Nonferrous Mining's value of 4.25 is 176.9% above this benchmark. Historically, China Nonferrous Mining's own Cyclically Adjusted PB Ratio has ranged from 1.06 to 5.58 over the past decade. While the company's 10-year median is 1.89 vs. the industry median of 1.54, China Nonferrous Mining 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 Metals & Mining company?
The median Cyclically Adjusted PB Ratio among Metals & Mining companies is 1.54, based on 1,524 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 Nonferrous Mining's current Cyclically Adjusted PB Ratio of 4.25 is 176.9% 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 Nonferrous Mining and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Nonferrous Mining's current Cyclically Adjusted PB Ratio is 4.25, which is 125% above median its own 10-year median of 1.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Nonferrous Mining stock overvalued right now?
Based on GuruFocus' analysis, China Nonferrous Mining (STU:3N4) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.53, compared to a current price of €1.53 — trading 188.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.25, which is 125% above median its 10-year median of 1.89 and 176.9% above the Metals & Mining industry median of 1.54. China Nonferrous Mining's overall GF Score™ is 78/100 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 China Nonferrous Mining (STU:3N4), the current Cyclically Adjusted PB Ratio is 4.25 as of Aug. 16, 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 Nonferrous Mining (STU:3N4) Overvalued in 2026?

Based on GuruFocus' analysis, China Nonferrous Mining stock appears to be overvalued. The current stock price of €1.53 is trading 188.7% above its estimated GF Value™ of €0.53. GuruFocus considers China Nonferrous Mining to be Significantly Overvalued.

Key valuation signals for STU:3N4:

  • Cyclically Adjusted PB Ratio: 4.25 (125% above median its 10-year median of 1.89)
  • GF Value™: €0.53 vs. price of €1.53 (188.7% above fair value)
  • GF Score™: 78/100 with 1 warning sign
  • Industry Position: 176.9% above the Metals & Mining median (#1178 of 1524)

No single metric tells the full story. See the STU:3N4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Nonferrous Mining Business Description

Other Exchanges 01258:Hong Kong
Address 32 Enos Chomba Road, Kitwe, ZMB
China Nonferrous Mining Corp Ltd is a Company with its subsidiaries are principally engaged in exploration, mining, ore processing, leaching, smelting of copper and cobalt, and sale of copper cathodes, blister copper and copper anodes, copper-cobalt alloy, cobaltous hydroxide and sulfuric acid. Its operating segments are Leaching and Smelting. The majority of the company's revenue is derived from the Smelting segment. The smelting segment includes the production and sale of blister and copper anodes. Geographically, it derives a majority of revenue from Mainland China.
78GF Score

Get the complete analysis for STU:3N4

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

€1.53
Price
€0.53
GF Value