Ganfeng Lithium Group Co (FRA:39EA) Cyclically Adjusted Book per Share: €1.25 (As of Mar. 2026)

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.

FRA:39EA Ganfeng Lithium Group Co Ltd FRA:39EA
83 GF Score
Price €3.96
GF Value €4.15
Valuation Fairly Valued
! 10 Warning Signs
View Full Analysis

What is Ganfeng Lithium Group Co Cyclically Adjusted Book per Share?

Ganfeng Lithium Group Co FRA:39EA -4.73% 83 Cyclically Adjusted Book per Share is €1.25 as of Mar. 2026. GuruFocus rates FRA:39EA with a GF Score™ of 83/100 and a GF Value™ of €4.15 (Fairly Valued). The stock has 10 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Ganfeng Lithium Group Co's adjusted book value per share for the three months ended in Mar. 2026 was €2.781. 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 €1.25 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Ganfeng Lithium Group Co's average Cyclically Adjusted Book Growth Rate was 21.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 34.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 42.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Ganfeng Lithium Group Co was 50.30% per year. The lowest was 33.60% per year. And the median was 40.90% per year.

As of today (2026-07-21), Ganfeng Lithium Group Co's current stock price is €3.9605. Ganfeng Lithium Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €1.25. Ganfeng Lithium Group Co's Cyclically Adjusted PB Ratio of today is 3.17.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ganfeng Lithium Group Co was 56.55. The lowest was 3.04. And the median was 12.37.


Ganfeng Lithium Group Co  (FRA:39EA) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Ganfeng Lithium Group Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3.9605/1.25
=3.17

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ganfeng Lithium Group Co was 56.55. The lowest was 3.04. And the median was 12.37.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Ganfeng Lithium Group Co Cyclically Adjusted Book per Share Related Terms


Ganfeng Lithium Group Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Ganfeng Lithium Group Co's Cyclically Adjusted Book per Share 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.

Ganfeng Lithium Group Co Cyclically Adjusted Book per Share Chart

Ganfeng Lithium Group Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.30 0.47 0.56 0.69 1.08

Ganfeng Lithium Group 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 Book per Share 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 0.71 0.75 0.83 1.08 1.25

FRA:39EA vs DOW: Cyclically Adjusted Book per Share Comparison

For the Chemicals subindustry, Ganfeng Lithium 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.


Ganfeng Lithium Group Co Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ganfeng Lithium Group Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:39EA
83GF Score
Ganfeng Lithium Group Co Ltd FRA:39EA
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ganfeng Lithium Group Co Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Ganfeng Lithium Group 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)
=2.781/121.4731*121.4731
=2.781

Current CPI (Mar. 2026) = 121.4731.

Ganfeng Lithium Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.178 101.686 0.213
201609 0.192 102.565 0.227
201612 0.216 103.225 0.254
201703 0.224 103.335 0.263
201706 0.231 103.664 0.271
201709 0.249 103.994 0.291
201712 0.332 104.984 0.384
201803 0.354 105.973 0.406
201806 0.389 106.193 0.445
201809 0.394 106.852 0.448
201812 0.558 107.622 0.630
201903 0.583 108.172 0.655
201906 0.557 109.601 0.617
201909 0.573 110.260 0.631
201912 0.592 110.700 0.650
202003 0.600 110.920 0.657
202006 0.571 110.590 0.627
202009 0.663 107.512 0.749
202012 0.717 109.711 0.794
202103 0.806 111.579 0.877
202106 1.168 111.360 1.274
202109 1.264 109.051 1.408
202112 1.512 112.349 1.635
202203 1.906 113.558 2.039
202206 2.243 113.448 2.402
202209 2.768 113.778 2.955
202212 2.957 114.548 3.136
202303 3.106 115.427 3.269
202306 3.095 115.647 3.251
202309 3.088 116.087 3.231
202312 2.995 117.296 3.102
202403 3.039 117.735 3.135
202406 2.813 117.296 2.913
202409 2.776 118.615 2.843
202412 2.717 118.945 2.775
202503 2.619 119.384 2.665
202506 2.408 119.055 2.457
202509 2.420 119.934 2.451
202512 2.611 120.704 2.628
202603 2.781 121.473 2.781

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of €1.25 mean?
Ganfeng Lithium Group Co (FRA:39EA) has a Cyclically Adjusted Book per Share of €1.25 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Ganfeng Lithium Group Co and its competitors.
Is Ganfeng Lithium Group Co's Cyclically Adjusted Book per Share too high?
Ganfeng Lithium Group Co's current Cyclically Adjusted Book per Share is €1.25. Overall, Ganfeng Lithium Group Co has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ganfeng Lithium Group Co's Cyclically Adjusted Book per Share compare to DOW?
Ganfeng Lithium Group Co's Cyclically Adjusted Book per Share of €1.25 can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Chemicals company?
A good Cyclically Adjusted Book per Share depends on the Chemicals industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Ganfeng Lithium Group Co and its competitors. Ganfeng Lithium Group Co's current Cyclically Adjusted Book per Share is €1.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ganfeng Lithium Group Co stock overvalued right now?
Based on GuruFocus' analysis, Ganfeng Lithium Group Co (FRA:39EA) is currently considered Fairly Valued. The stock's GF Value™ is €4.15, compared to a current price of €3.96 — trading 4.6% below its estimated fair value. The current Cyclically Adjusted Book per Share is €1.25. Ganfeng Lithium Group Co's overall GF Score™ is 83/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Ganfeng Lithium Group Co (FRA:39EA), the current Cyclically Adjusted Book per Share is €1.25 as of Mar. 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 Ganfeng Lithium Group Co (FRA:39EA) Overvalued in 2026?

Based on GuruFocus' analysis, Ganfeng Lithium Group Co stock appears to be undervalued. The current stock price of €3.96 is trading 4.6% below its estimated GF Value™ of €4.15. GuruFocus considers Ganfeng Lithium Group Co to be Fairly Valued.

Key valuation signals for FRA:39EA:

  • Cyclically Adjusted Book per Share: €1.25
  • GF Value™: €4.15 vs. price of €3.96 (4.6% below fair value)
  • GF Score™: 83/100 with 10 warning signs

No single metric tells the full story. See the FRA:39EA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ganfeng Lithium Group Co Business Description

Address 248 Queen’s Road East, 40th Floor, Dah Sing Financial Centre, Wanchai, Hong Kong, HKG
Ganfeng is the world's third largest and China's largest lithium compounds producer and the world's largest lithium metals producer in terms of production capacity. The company offers five major categories of more than 40 lithium compounds and metals products, which is one of the most comprehensive product offerings among the suppliers globally. Starting as a midstream manufacturer of lithium compounds and lithium metals, the firm has successfully expanded into a vertically integrated business model with operations along the critical stages of the industry value chain, including upstream lithium extraction, midstream lithium compounds and metals processing, and downstream lithium battery production and recycling.
83GF Score

Get the complete analysis for FRA:39EA

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

€3.96
Price
€4.15
GF Value