TJSCF (Tianjin Development Holdings) Cyclically Adjusted PB Ratio: 0.20 (As of Jul. 12, 2026) — 18% Above Median


TJSCF Tianjin Development Holdings Ltd TJSCF
63 GF Score
Price $0.23
GF Value $0.19
! 4 Warning Signs
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What is Tianjin Development Holdings Cyclically Adjusted PB Ratio?

Tianjin Development Holdings TJSCF -4.56% 63 Cyclically Adjusted PB Ratio is 0.20 as of Jul. 12, 2026, which is 18% above its 10-year median of 0.17. GuruFocus rates TJSCF with a GF Score™ of 63/100 and a GF Value™ of $0.19. The stock has 4 warning signs investors should review. Among 479 Conglomerates companies, Tianjin Development Holdings ranks better than 91.23% on this metric.

As of today (2026-07-12), Tianjin Development Holdings's current share price is $0.2325. Tianjin Development Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was $1.15. Tianjin Development Holdings's Cyclically Adjusted PB Ratio for today is 0.20.

The historical rank and industry rank for Tianjin Development Holdings's Cyclically Adjusted PB Ratio or its related term are showing as below:

TJSCF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.17   Max: 0.48
Current: 0.18

During the past 13 years, Tianjin Development Holdings's highest Cyclically Adjusted PB Ratio was 0.48. The lowest was 0.11. And the median was 0.17.

TJSCF's Cyclically Adjusted PB Ratio is ranked better than
91.23% of 479 companies
in the Conglomerates industry
Industry Median: 1.05 vs TJSCF: 0.18

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.

Tianjin Development Holdings's adjusted book value per share data of for the fiscal year that ended in Dec25 was $1.561. 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 $1.15 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tianjin Development Holdings  (OTCPK:TJSCF) 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.


Tianjin Development Holdings Cyclically Adjusted PB Ratio Related Terms


Tianjin Development Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Tianjin Development Holdings'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.

Tianjin Development Holdings Cyclically Adjusted PB Ratio Chart

Tianjin Development Holdings 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 0.15 0.13 0.13 0.17 0.20

Tianjin Development Holdings 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 0.13 0.00 0.17 0.00 0.20

TJSCF vs HON, MMM: Cyclically Adjusted PB Ratio Comparison

For the Conglomerates subindustry, Tianjin Development Holdings'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.


Tianjin Development Holdings Cyclically Adjusted PB Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Tianjin Development Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Tianjin Development Holdings's Cyclically Adjusted PB Ratio falls into.


TJSCF
63GF Score
Tianjin Development Holdings Ltd TJSCF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Tianjin Development Holdings 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.

Tianjin Development Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.2325/1.15
=0.20

* 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.

Tianjin Development Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Tianjin Development Holdings'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)
=1.561/120.7036*120.7036
=1.561

Current CPI (Dec25) = 120.7036.

Tianjin Development Holdings Annual Data

Book Value per Share CPI Adj_Book
201612 1.190 103.225 1.392
201712 1.310 104.984 1.506
201812 1.349 107.622 1.513
201912 1.357 110.700 1.480
202012 1.474 109.711 1.622
202112 1.542 112.349 1.657
202212 1.439 114.548 1.516
202312 1.496 117.296 1.539
202412 1.510 118.945 1.532
202512 1.561 120.704 1.561

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 0.20 mean?
Tianjin Development Holdings (TJSCF) has a Cyclically Adjusted PB Ratio of 0.20 as of Jul. 12, 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 Tianjin Development Holdings and its competitors. This is 18% above median its historical median of 0.17. Over the past decade, Tianjin Development Holdings' Cyclically Adjusted PB Ratio has ranged from 0.11 to 0.48. According to the industry distribution chart, Tianjin Development Holdings ranks #42 out of 479 companies in the Conglomerates industry, placing it in the top 8.8%.
Is Tianjin Development Holdings' Cyclically Adjusted PB Ratio too high?
Tianjin Development Holdings' current Cyclically Adjusted PB Ratio of 0.20 is 18% above median its 10-year median of 0.17. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 0.48. The Conglomerates industry median Cyclically Adjusted PB Ratio is 1.05. Tianjin Development Holdings' value of 0.20 is 81% below this industry median. Based on the distribution chart, Tianjin Development Holdings ranks #42 out of 479 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, Tianjin Development Holdings has a GF Score™ of 63/100, reflecting its overall financial health beyond just this single metric.
How does Tianjin Development Holdings' Cyclically Adjusted PB Ratio compare to HON and MMM?
According to the Conglomerates industry distribution chart, Tianjin Development Holdings ranks #42 out of 479 companies for Cyclically Adjusted PB Ratio. This places Tianjin Development Holdings in the top 9% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.05. Tianjin Development Holdings' value of 0.20 is 81% below this benchmark. Historically, Tianjin Development Holdings' own Cyclically Adjusted PB Ratio has ranged from 0.11 to 0.48 over the past decade. While the company's 10-year median is 0.17 vs. the industry median of 1.05, Tianjin Development Holdings 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 Conglomerates company?
The median Cyclically Adjusted PB Ratio among Conglomerates companies is 1.05, based on 479 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. Tianjin Development Holdings's current Cyclically Adjusted PB Ratio of 0.20 is 81% 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 Tianjin Development Holdings and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PB Ratio is 1.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tianjin Development Holdings's current Cyclically Adjusted PB Ratio is 0.20, which is 18% above median its own 10-year median of 0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tianjin Development Holdings stock overvalued right now?
Tianjin Development Holdings (TJSCF) has a current Cyclically Adjusted PB Ratio of 0.20. The stock's GF Value™ is $0.19, compared to a current price of $0.23 — trading 22.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.20, which is 18% above median its 10-year median of 0.17 and 81% below the Conglomerates industry median of 1.05. Tianjin Development Holdings' overall GF Score™ is 63/100 with 4 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 Tianjin Development Holdings (TJSCF), the current Cyclically Adjusted PB Ratio is 0.20 as of Jul. 12, 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 Tianjin Development Holdings (TJSCF) Overvalued in 2026?

Based on GuruFocus' analysis, Tianjin Development Holdings stock appears to be overvalued. The current stock price of $0.23 is trading 22.4% above its estimated GF Value™ of $0.19.

Key valuation signals for TJSCF:

  • Cyclically Adjusted PB Ratio: 0.20 (18% above median its 10-year median of 0.17)
  • GF Value™: $0.19 vs. price of $0.23 (22.4% above fair value)
  • GF Score™: 63/100 with 4 warning signs
  • Industry Position: 81% below the Conglomerates median (#42 of 479)

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


Tianjin Development Holdings Business Description

Other Exchanges 00882:Hong KongTJN:Germany
Address 168-200 Connaught Road Central, Suites 7-13, 36th Floor, China Merchants Tower, Shun Tak Centre, Hong Kong, HKG
Tianjin Development Holdings Ltd is a Chinese conglomerate engaged in utilities and various other services. It operates through the following segments: The Utilities segment distributes electricity, water, heat, and thermal power to industrial, commercial, and residential customers. Pharmaceutical segment manufactures and sells pharmaceutical products and provides pharmaceutical research and development, and pharmaceutical packaging. The Hotels segment manages hotels. The Electrical and Mechanical segment manufactures and sells presses, mechanical and hydroelectric equipment, and large-scale pump units. The Port Services segment offers port services. The Elevators and Escalators segment manufactures and sells elevators and escalators. Key revenue for the company is derived from the PRC.
63GF Score

Get the complete analysis for TJSCF

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

$0.23
Price
$0.19
GF Value