ZIJMY (Zijin Mining Group Co) Cyclically Adjusted PB Ratio: 10.78 (As of Aug. 24, 2026) — 91% Above Median

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Director of Data and Quant Analytics at GuruFocus
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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.

ZIJMY Zijin Mining Group Co Ltd ZIJMY
92 GF Score
Price $98.60
GF Value $66.76
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Zijin Mining Group Co Cyclically Adjusted PB Ratio?

Zijin Mining Group Co ZIJMY -0.95% 92 Cyclically Adjusted PB Ratio is 10.78 as of Aug. 24, 2026, which is 91% above its 10-year median of 5.65. GuruFocus rates ZIJMY with a GF Scoreâ„¢ of 92/100 and a GF Valueâ„¢ of $66.76 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,516 Metals & Mining companies, Zijin Mining Group Co ranks worse than 90.7% on this metric.

As of today (2026-08-24), Zijin Mining Group Co's current share price is $98.60. Zijin Mining Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $9.15. Zijin Mining Group Co's Cyclically Adjusted PB Ratio for today is 10.78.

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

ZIJMY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.22   Med: 5.65   Max: 13.61
Current: 10.64

During the past years, Zijin Mining Group Co's highest Cyclically Adjusted PB Ratio was 13.61. The lowest was 2.22. And the median was 5.65.

ZIJMY's Cyclically Adjusted PB Ratio is ranked worse than
90.7% of 1516 companies
in the Metals & Mining industry
Industry Median: 1.55 vs ZIJMY: 10.64

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.

Zijin Mining Group Co's adjusted book value per share data for the three months ended in Jun. 2026 was $22.852. 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 $9.15 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zijin Mining Group Co  (OTCPK:ZIJMY) 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.


Zijin Mining Group Co Cyclically Adjusted PB Ratio Related Terms


Zijin Mining Group Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Zijin Mining 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.

Zijin Mining Group Co Cyclically Adjusted PB Ratio Chart

Zijin Mining Group 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 5.67 5.25 5.84 6.12 11.69

Zijin Mining Group 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 7.31 10.50 11.69 10.51 7.70

ZIJMY vs NEM, AU, RGLD: Cyclically Adjusted PB Ratio Comparison

For the Gold subindustry, Zijin Mining 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.


Zijin Mining Group Co Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Zijin Mining Group Co's Cyclically Adjusted PB Ratio falls into.


ZIJMY
92GF Score
Zijin Mining Group Co Ltd ZIJMY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Zijin Mining 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.

Zijin Mining Group Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=98.60/9.15
=10.78

* 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.

Zijin Mining Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Zijin Mining Group Co's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=22.852/116.0564*116.0564
=22.852

Current CPI (Jun. 2026) = 116.0564.

Zijin Mining Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 3.731 102.400 4.229
201612 3.725 102.600 4.214
201703 3.670 103.200 4.127
201706 4.497 103.100 5.062
201709 4.529 104.100 5.049
201712 4.633 104.500 5.145
201803 4.878 105.300 5.376
201806 4.698 104.900 5.198
201809 4.533 106.600 4.935
201812 5.103 106.500 5.561
201903 5.388 107.700 5.806
201906 5.153 107.700 5.553
201909 4.614 109.800 4.877
201912 5.752 111.200 6.003
202003 5.572 112.300 5.758
202006 5.599 110.400 5.886
202009 6.067 111.700 6.304
202012 6.814 111.500 7.092
202103 7.099 112.662 7.313
202106 7.908 111.769 8.211
202109 8.282 112.215 8.565
202112 8.471 113.108 8.692
202203 9.402 114.335 9.544
202206 8.789 114.558 8.904
202209 9.126 115.339 9.183
202212 9.691 115.116 9.770
202303 10.561 115.116 10.647
202306 10.496 114.558 10.633
202309 10.749 115.339 10.816
202312 11.438 114.781 11.565
202403 12.309 115.227 12.398
202406 13.115 114.781 13.261
202409 14.268 115.785 14.301
202412 14.448 114.893 14.594
202503 15.148 115.116 15.272
202506 14.889 114.907 15.038
202509 17.886 115.471 17.977
202512 19.815 115.832 19.853
202603 21.872 116.303 21.826
202606 22.852 116.056 22.852

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 10.78 mean?
Zijin Mining Group Co (ZIJMY) has a Cyclically Adjusted PB Ratio of 10.78 as of Aug. 24, 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 Zijin Mining Group Co and its competitors. This is 91% above median its historical median of 5.65. Over the past decade, Zijin Mining Group Co's Cyclically Adjusted PB Ratio has ranged from 2.22 to 13.61. According to the industry distribution chart, Zijin Mining Group Co ranks #1375 out of 1516 companies in the Metals & Mining industry, placing it in the top 90.7%.
Is Zijin Mining Group Co's Cyclically Adjusted PB Ratio too high?
Zijin Mining Group Co's current Cyclically Adjusted PB Ratio of 10.78 is 91% above median its 10-year median of 5.65. Over the past 10 years, this metric has ranged from a low of 2.22 to a high of 13.61. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.55. Zijin Mining Group Co's value of 10.78 is 595.5% above this industry median. Based on the distribution chart, Zijin Mining Group Co ranks #1375 out of 1516 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Zijin Mining Group Co has a GF Scoreâ„¢ of 92/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zijin Mining Group Co's Cyclically Adjusted PB Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Zijin Mining Group Co ranks #1375 out of 1516 companies for Cyclically Adjusted PB Ratio. This places Zijin Mining Group Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.55. Zijin Mining Group Co's value of 10.78 is 595.5% above this benchmark. Historically, Zijin Mining Group Co's own Cyclically Adjusted PB Ratio has ranged from 2.22 to 13.61 over the past decade. While the company's 10-year median is 5.65 vs. the industry median of 1.55, Zijin Mining 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 a Metals & Mining company?
The median Cyclically Adjusted PB Ratio among Metals & Mining companies is 1.55, based on 1,516 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. Zijin Mining Group Co's current Cyclically Adjusted PB Ratio of 10.78 is 595.5% 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 Zijin Mining Group Co and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zijin Mining Group Co's current Cyclically Adjusted PB Ratio is 10.78, which is 91% above median its own 10-year median of 5.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zijin Mining Group Co stock overvalued right now?
Based on GuruFocus' analysis, Zijin Mining Group Co (ZIJMY) is currently considered Significantly Overvalued. The stock's GF Value™ is $66.76, compared to a current price of $98.60 — trading 47.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 10.78, which is 91% above median its 10-year median of 5.65 and 595.5% above the Metals & Mining industry median of 1.55. Zijin Mining Group Co's overall GF Score™ is 92/100 with 2 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 Zijin Mining Group Co (ZIJMY), the current Cyclically Adjusted PB Ratio is 10.78 as of Aug. 24, 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 Zijin Mining Group Co (ZIJMY) Overvalued in 2026?

Based on GuruFocus' analysis, Zijin Mining Group Co stock appears to be overvalued. The current stock price of $98.60 is trading 47.7% above its estimated GF Value™ of $66.76. GuruFocus considers Zijin Mining Group Co to be Significantly Overvalued.

Key valuation signals for ZIJMY:

  • Cyclically Adjusted PB Ratio: 10.78 (91% above median its 10-year median of 5.65)
  • GF Value™: $66.76 vs. price of $98.60 (47.7% above fair value)
  • GF Score™: 92/100 with 2 warning signs
  • Industry Position: 595.5% above the Metals & Mining median (#1375 of 1516)

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


Zijin Mining Group Co Business Description

Address No.1 Zijin Road, Zijin Tower, Fujian Province, Shanghang County, Longyan, CHN, 364200
Zijin Mining Group Co Ltd is focusing on the exploration and development of gold and copper and other metal mineral resources. The company's operating segment includes mining products segment; refined products segment; trading; and others. It generates maximum revenue from the Refined products segment. The products of refined products segment are refined copper, refined, processed gold and silver, refined zinc bullion, and sulphuric acid. Geographically, the majority is derived from Mainland China.
92GF Score

Get the complete analysis for ZIJMY

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

$98.60
Price
$66.76
GF Value