ZLIOY (Zoomlion Heavy Industry Science and Technology Co) Cyclically Adjusted PB Ratio: 1.05 (As of Jul. 24, 2026) — 12% Below Median

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ZLIOY Zoomlion Heavy Industry Science and Technology Co Ltd ZLIOY
81 GF Score
Price $8.49
GF Value $10.04
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Zoomlion Heavy Industry Science and Technology Co Cyclically Adjusted PB Ratio?

Zoomlion Heavy Industry Science and Technology Co ZLIOY -12.47% 81 Cyclically Adjusted PB Ratio is 1.05 as of Jul. 24, 2026, which is 12% below its 10-year median of 1.19. GuruFocus rates ZLIOY with a GF Score™ of 81/100 and a GF Value™ of $10.04 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 166 Farm & Heavy Construction Machinery companies, Zoomlion Heavy Industry Science and Technology Co ranks better than 60.24% on this metric.

As of today (2026-07-24), Zoomlion Heavy Industry Science and Technology Co's current share price is $8.49. Zoomlion Heavy Industry Science and Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $8.09. Zoomlion Heavy Industry Science and Technology Co's Cyclically Adjusted PB Ratio for today is 1.05.

The historical rank and industry rank for Zoomlion Heavy Industry Science and Technology Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

ZLIOY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.69   Med: 1.19   Max: 2.68
Current: 1.22

During the past years, Zoomlion Heavy Industry Science and Technology Co's highest Cyclically Adjusted PB Ratio was 2.68. The lowest was 0.69. And the median was 1.19.

ZLIOY's Cyclically Adjusted PB Ratio is ranked better than
60.24% of 166 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.64 vs ZLIOY: 1.22

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.

Zoomlion Heavy Industry Science and Technology Co's adjusted book value per share data for the three months ended in Mar. 2026 was $9.803. 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 $8.09 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zoomlion Heavy Industry Science and Technology Co  (OTCPK:ZLIOY) 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.


Zoomlion Heavy Industry Science and Technology Co Cyclically Adjusted PB Ratio Related Terms


Zoomlion Heavy Industry Science and Technology Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Zoomlion Heavy Industry Science and Technology 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.

Zoomlion Heavy Industry Science and Technology Co Cyclically Adjusted PB Ratio Chart

Zoomlion Heavy Industry Science and Technology 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 1.24 0.93 1.12 1.23 1.44

Zoomlion Heavy Industry Science and Technology 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 1.27 1.22 1.34 1.44 1.42

ZLIOY vs CAT, DE, PCAR: Cyclically Adjusted PB Ratio Comparison

For the Farm & Heavy Construction Machinery subindustry, Zoomlion Heavy Industry Science and Technology 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.


Zoomlion Heavy Industry Science and Technology Co Cyclically Adjusted PB Ratio vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Zoomlion Heavy Industry Science and Technology Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Zoomlion Heavy Industry Science and Technology Co's Cyclically Adjusted PB Ratio falls into.


ZLIOY
81GF Score
Zoomlion Heavy Industry Science and Technology Co Ltd ZLIOY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zoomlion Heavy Industry Science and Technology 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.

Zoomlion Heavy Industry Science and Technology Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.49/8.09
=1.05

* 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.

Zoomlion Heavy Industry Science and Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Zoomlion Heavy Industry Science and Technology 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)
=9.803/116.3033*116.3033
=9.803

Current CPI (Mar. 2026) = 116.3033.

Zoomlion Heavy Industry Science and Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 7.397 101.400 8.484
201609 7.312 102.400 8.305
201612 6.941 102.600 7.868
201703 6.994 103.200 7.882
201706 7.122 103.100 8.034
201709 7.451 104.100 8.324
201712 7.300 104.500 8.125
201803 7.731 105.300 8.539
201806 7.339 104.900 8.137
201809 7.019 106.600 7.658
201812 7.107 106.500 7.761
201903 7.474 107.700 8.071
201906 6.840 107.700 7.386
201909 6.762 109.800 7.163
201912 7.036 111.200 7.359
202003 7.227 112.300 7.485
202006 7.922 110.400 8.346
202009 8.588 111.700 8.942
202012 9.005 111.500 9.393
202103 9.817 112.662 10.134
202106 9.936 111.769 10.339
202109 10.053 112.215 10.419
202112 10.289 113.108 10.580
202203 10.493 114.335 10.674
202206 9.468 114.558 9.612
202209 8.842 115.339 8.916
202212 9.048 115.116 9.141
202303 9.129 115.116 9.223
202306 8.566 114.558 8.697
202309 8.546 115.339 8.617
202312 9.103 114.781 9.224
202403 9.153 115.227 9.238
202406 8.870 114.781 8.988
202409 9.301 115.785 9.343
202412 9.043 114.893 9.154
202503 9.307 115.116 9.403
202506 9.202 114.907 9.314
202509 9.467 115.471 9.535
202512 9.451 115.832 9.489
202603 9.803 116.303 9.803

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 1.05 mean?
Zoomlion Heavy Industry Science and Technology Co (ZLIOY) has a Cyclically Adjusted PB Ratio of 1.05 as of Jul. 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 Zoomlion Heavy Industry Science and Technology Co and its competitors. This is 12% below median its historical median of 1.19. Over the past decade, Zoomlion Heavy Industry Science and Technology Co's Cyclically Adjusted PB Ratio has ranged from 0.69 to 2.68. According to the industry distribution chart, Zoomlion Heavy Industry Science and Technology Co ranks #66 out of 166 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 39.8%.
Is Zoomlion Heavy Industry Science and Technology Co's Cyclically Adjusted PB Ratio too high?
Zoomlion Heavy Industry Science and Technology Co's current Cyclically Adjusted PB Ratio of 1.05 is 12% below median its 10-year median of 1.19. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 2.68. The Farm & Heavy Construction Machinery industry median Cyclically Adjusted PB Ratio is 1.64. Zoomlion Heavy Industry Science and Technology Co's value of 1.05 is 36% below this industry median. Based on the distribution chart, Zoomlion Heavy Industry Science and Technology Co ranks #66 out of 166 companies in the Farm & Heavy Construction Machinery industry, which is above the industry midpoint. Overall, Zoomlion Heavy Industry Science and Technology Co has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zoomlion Heavy Industry Science and Technology Co's Cyclically Adjusted PB Ratio compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Zoomlion Heavy Industry Science and Technology Co ranks #66 out of 166 companies for Cyclically Adjusted PB Ratio. This puts Zoomlion Heavy Industry Science and Technology Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.64. Zoomlion Heavy Industry Science and Technology Co's value of 1.05 is 36% below this benchmark. Historically, Zoomlion Heavy Industry Science and Technology Co's own Cyclically Adjusted PB Ratio has ranged from 0.69 to 2.68 over the past decade. While the company's 10-year median is 1.19 vs. the industry median of 1.64, Zoomlion Heavy Industry Science and Technology 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 Farm & Heavy Construction Machinery company?
The median Cyclically Adjusted PB Ratio among Farm & Heavy Construction Machinery companies is 1.64, based on 166 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. Zoomlion Heavy Industry Science and Technology Co's current Cyclically Adjusted PB Ratio of 1.05 is 36% 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 Zoomlion Heavy Industry Science and Technology Co and its competitors. For the Farm & Heavy Construction Machinery industry, the median Cyclically Adjusted PB Ratio is 1.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zoomlion Heavy Industry Science and Technology Co's current Cyclically Adjusted PB Ratio is 1.05, which is 12% below median its own 10-year median of 1.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zoomlion Heavy Industry Science and Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Zoomlion Heavy Industry Science and Technology Co (ZLIOY) is currently considered Modestly Undervalued. The stock's GF Value™ is $10.04, compared to a current price of $8.49 — trading 15.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.05, which is 12% below median its 10-year median of 1.19 and 36% below the Farm & Heavy Construction Machinery industry median of 1.64. Zoomlion Heavy Industry Science and Technology Co's overall GF Score™ is 81/100 with 6 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 Zoomlion Heavy Industry Science and Technology Co (ZLIOY), the current Cyclically Adjusted PB Ratio is 1.05 as of Jul. 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 Zoomlion Heavy Industry Science and Technology Co (ZLIOY) Overvalued in 2026?

Based on GuruFocus' analysis, Zoomlion Heavy Industry Science and Technology Co stock appears to be undervalued. The current stock price of $8.49 is trading 15.4% below its estimated GF Value™ of $10.04. GuruFocus considers Zoomlion Heavy Industry Science and Technology Co to be Modestly Undervalued.

Key valuation signals for ZLIOY:

  • Cyclically Adjusted PB Ratio: 1.05 (12% below median its 10-year median of 1.19)
  • GF Value™: $10.04 vs. price of $8.49 (15.4% below fair value)
  • GF Score™: 81/100 with 6 warning signs
  • Industry Position: 36% below the Farm & Heavy Construction Machinery median (#66 of 166)

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


Zoomlion Heavy Industry Science and Technology Co Business Description

Address Yinpen South Road, No. 361, Hunan Province, Changsha, CHN, 410013
Zoomlion Heavy Industry Science and Technology Co Ltd are mainly engaged in the research, development, manufacturing, and sales of construction machinery and agricultural machinery. It is engaged in three main operating segments, including research, development, manufacturing, and sale of construction machinery; research, development, manufacturing, and sale of agricultural machinery; and finance lease services. The construction machinery segment provides concrete machinery, crane machinery, aerial machinery, earth working machinery, and other products. The agricultural machinery industry includes farming machinery, harvesting machinery, drying machinery, and agricultural equipment.
81GF Score

Get the complete analysis for ZLIOY

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

$8.49
Price
$10.04
GF Value