Sichuan Expressway Co (STU:EXF1) Cyclically Adjusted PB Ratio: 0.94 (As of Jul. 29, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STU:EXF1 Sichuan Expressway Co Ltd STU:EXF1
40 GF Score
Price €0.52
GF Value €0.44
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is Sichuan Expressway Co Cyclically Adjusted PB Ratio?

Sichuan Expressway Co STU:EXF1 40 Cyclically Adjusted PB Ratio is 0.94 as of Jul. 29, 2026, which is 1% above its 10-year median of 0.93. GuruFocus rates STU:EXF1 with a GF Score™ of 40/100 and a GF Value™ of €0.44 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,357 Construction companies, Sichuan Expressway Co ranks better than 55.64% on this metric.

As of today (2026-07-29), Sichuan Expressway Co's current share price is €0.515. Sichuan Expressway Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €0.55. Sichuan Expressway Co's Cyclically Adjusted PB Ratio for today is 0.94.

The historical rank and industry rank for Sichuan Expressway Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

STU:EXF1' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.64   Med: 0.93   Max: 1.52
Current: 1

During the past years, Sichuan Expressway Co's highest Cyclically Adjusted PB Ratio was 1.52. The lowest was 0.64. And the median was 0.93.

STU:EXF1's Cyclically Adjusted PB Ratio is ranked better than
55.64% of 1357 companies
in the Construction industry
Industry Median: 1.16 vs STU:EXF1: 1.00

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.

Sichuan Expressway Co's adjusted book value per share data for the three months ended in Mar. 2026 was €0.844. 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 €0.55 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sichuan Expressway Co  (STU:EXF1) 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.


Sichuan Expressway Co Cyclically Adjusted PB Ratio Related Terms


Sichuan Expressway Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Sichuan Expressway 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.

Sichuan Expressway Co Cyclically Adjusted PB Ratio Chart

Sichuan Expressway 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 1.14 0.76 0.86 1.01 1.12

Sichuan Expressway 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 1.00 1.14 1.04 1.12 1.05

Sichuan Expressway Co Cyclically Adjusted PB Ratio Competitor Comparison

For the Infrastructure Operations subindustry, Sichuan Expressway 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.


Sichuan Expressway Co Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Sichuan Expressway Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Sichuan Expressway Co's Cyclically Adjusted PB Ratio falls into.


STU:EXF1
40GF Score
Sichuan Expressway Co Ltd STU:EXF1
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sichuan Expressway 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.

Sichuan Expressway Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.515/0.55
=0.94

* 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.

Sichuan Expressway Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Sichuan Expressway Co's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.844/116.3033*116.3033
=0.844

Current CPI (Mar. 2026) = 116.3033.

Sichuan Expressway Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.572 101.400 0.656
201609 0.581 102.400 0.660
201612 0.597 102.600 0.677
201703 0.603 103.200 0.680
201706 0.580 103.100 0.654
201709 0.581 104.100 0.649
201712 0.585 104.500 0.651
201803 0.600 105.300 0.663
201806 0.619 104.900 0.686
201809 0.595 106.600 0.649
201812 0.605 106.500 0.661
201903 0.644 107.700 0.695
201906 0.630 107.700 0.680
201909 0.639 109.800 0.677
201912 0.641 111.200 0.670
202003 0.632 112.300 0.655
202006 0.603 110.400 0.635
202009 0.617 111.700 0.642
202012 0.639 111.500 0.667
202103 0.669 112.662 0.691
202106 0.675 111.769 0.702
202109 0.699 112.215 0.724
202112 0.789 113.108 0.811
202203 0.824 114.335 0.838
202206 0.809 114.558 0.821
202209 0.832 115.339 0.839
202212 0.916 115.116 0.925
202303 0.808 115.116 0.816
202306 0.643 114.558 0.653
202309 0.655 115.339 0.660
202312 0.658 114.781 0.667
202403 0.671 115.227 0.677
202406 0.655 114.781 0.664
202409 0.669 115.785 0.672
202412 0.789 114.893 0.799
202503 0.836 115.116 0.845
202506 0.773 114.907 0.782
202509 0.782 115.471 0.788
202512 0.799 115.832 0.802
202603 0.844 116.303 0.844

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 0.94 mean?
Sichuan Expressway Co (STU:EXF1) has a Cyclically Adjusted PB Ratio of 0.94 as of Jul. 29, 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 Sichuan Expressway Co and its competitors. This is near median its historical median of 0.93. Over the past decade, Sichuan Expressway Co's Cyclically Adjusted PB Ratio has ranged from 0.64 to 1.52. According to the industry distribution chart, Sichuan Expressway Co ranks #602 out of 1357 companies in the Construction industry, placing it in the top 44.4%.
Is Sichuan Expressway Co's Cyclically Adjusted PB Ratio too high?
Sichuan Expressway Co's current Cyclically Adjusted PB Ratio of 0.94 is near median its 10-year median of 0.93. Over the past 10 years, this metric has ranged from a low of 0.64 to a high of 1.52. The Construction industry median Cyclically Adjusted PB Ratio is 1.16. Sichuan Expressway Co's value of 0.94 is 19% below this industry median. Based on the distribution chart, Sichuan Expressway Co ranks #602 out of 1357 companies in the Construction industry, which is above the industry midpoint. Overall, Sichuan Expressway Co has a GF Score™ of 40/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sichuan Expressway Co's Cyclically Adjusted PB Ratio compare to competitors?
According to the Construction industry distribution chart, Sichuan Expressway Co ranks #602 out of 1357 companies for Cyclically Adjusted PB Ratio. This puts Sichuan Expressway Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.16. Sichuan Expressway Co's value of 0.94 is 19% below this benchmark. Historically, Sichuan Expressway Co's own Cyclically Adjusted PB Ratio has ranged from 0.64 to 1.52 over the past decade. While the company's 10-year median is 0.93 vs. the industry median of 1.16, Sichuan Expressway 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 Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.16, based on 1,357 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. Sichuan Expressway Co's current Cyclically Adjusted PB Ratio of 0.94 is 19% 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 Sichuan Expressway Co and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sichuan Expressway Co's current Cyclically Adjusted PB Ratio is 0.94, which is near median its own 10-year median of 0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sichuan Expressway Co stock overvalued right now?
Based on GuruFocus' analysis, Sichuan Expressway Co (STU:EXF1) is currently considered Modestly Overvalued. The stock's GF Value™ is €0.44, compared to a current price of €0.52 — trading 17% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.94, which is near median its 10-year median of 0.93 and 19% below the Construction industry median of 1.16. Sichuan Expressway Co's overall GF Score™ is 40/100 with 7 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 Sichuan Expressway Co (STU:EXF1), the current Cyclically Adjusted PB Ratio is 0.94 as of Jul. 29, 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 Sichuan Expressway Co (STU:EXF1) Overvalued in 2026?

Based on GuruFocus' analysis, Sichuan Expressway Co stock appears to be overvalued. The current stock price of €0.52 is trading 17% above its estimated GF Value™ of €0.44. GuruFocus considers Sichuan Expressway Co to be Modestly Overvalued.

Key valuation signals for STU:EXF1:

  • Cyclically Adjusted PB Ratio: 0.94 (near median its 10-year median of 0.93)
  • GF Value™: €0.44 vs. price of €0.52 (17% above fair value)
  • GF Score™: 40/100 with 7 warning signs
  • Industry Position: 19% below the Construction median (#602 of 1357)

No single metric tells the full story. See the STU:EXF1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sichuan Expressway Co Business Description

Address No. 252 Wuhouci Da Jie, Sichuan Province, Chengdu, CHN, 610041
Sichuan Expressway Co Ltd is engaged in the investment, construction, operation, and management of certain expressway projects, green energy investment business, and integrated development of resources along the routes. The group is organised into business units based on their services and products, and has six reportable operating segments, which include Expressways, Construction Services, Transportation Services, Transportation Logistics, New Energy Technologies, and Others. A majority of its revenue is generated from the Expressways segment, which comprises the operation of expressways and a high-grade toll bridge in Mainland China. Geographically, the group derives all of its revenue from Mainland China.
40GF Score

Get the complete analysis for STU:EXF1

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

€0.52
Price
€0.44
GF Value