Seres Group Co (HKSE:09927) Cyclically Adjusted Book per Share: HK$6.15 (As of Jun. 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.

HKSE:09927 Seres Group Co Ltd HKSE:09927
56 GF Score
Price HK$38.30
GF Value HK$103.86
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Seres Group Co Cyclically Adjusted Book per Share?

Seres Group Co HKSE:09927 -0.73% 56 Cyclically Adjusted Book per Share is HK$6.15 as of Jun. 2026. GuruFocus rates HKSE:09927 with a GF Score™ of 56/100 and a GF Value™ of HK$103.86 (Significantly Undervalued). The stock has 3 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.

Seres Group Co's adjusted book value per share for the three months ended in Jun. 2026 was HK$24.884. 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 HK$6.15 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Seres Group Co's average Cyclically Adjusted Book Growth Rate was 26.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.90% 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 Seres Group Co was 12.90% per year. The lowest was 12.90% per year. And the median was 12.90% per year.

As of today (2026-09-03), Seres Group Co's current stock price is HK$38.30. Seres Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was HK$6.15. Seres Group Co's Cyclically Adjusted PB Ratio of today is 6.23.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Seres Group Co was 25.46. The lowest was 4.93. And the median was 15.08.


Seres Group Co  (HKSE:09927) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=38.30/6.15
=6.23

* 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 Seres Group Co was 25.46. The lowest was 4.93. And the median was 15.08.


Be Aware

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


Seres Group Co Cyclically Adjusted Book per Share Related Terms


Seres Group Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Seres 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.

Seres Group Co Cyclically Adjusted Book per Share Chart

Seres 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 0.00 0.00 0.00 0.00 6.44

Seres 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 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 0.00 0.00 6.44 6.92 6.15

HKSE:09927 vs TSLA, GM, F: Cyclically Adjusted Book per Share Comparison

For the Auto Manufacturers subindustry, Seres 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.


Seres Group Co Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Seres Group Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


HKSE:09927
56GF Score
Seres Group Co Ltd HKSE:09927
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Seres 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, Seres 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)
=24.884/116.0564*116.0564
=24.884

Current CPI (Jun. 2026) = 116.0564.

Seres Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 4.733 102.400 5.364
201612 4.837 102.600 5.471
201703 5.115 103.200 5.752
201706 5.102 103.100 5.743
201709 5.330 104.100 5.942
201712 6.157 104.500 6.838
201803 6.716 105.300 7.402
201806 6.375 104.900 7.053
201809 6.098 106.600 6.639
201812 6.421 106.500 6.997
201903 6.400 107.700 6.897
201906 5.962 107.700 6.425
201909 6.071 109.800 6.417
201912 6.562 111.200 6.849
202003 5.950 112.300 6.149
202006 5.607 110.400 5.894
202009 5.444 111.700 5.656
202012 4.735 111.500 4.928
202103 4.430 112.662 4.563
202106 6.935 111.769 7.201
202109 6.422 112.215 6.642
202112 7.167 113.108 7.354
202203 6.475 114.335 6.573
202206 11.519 114.558 11.670
202209 9.299 115.339 9.357
202212 8.517 115.116 8.587
202303 8.212 115.116 8.279
202306 7.434 114.558 7.531
202309 6.600 115.339 6.641
202312 8.263 114.781 8.355
202403 8.368 115.227 8.428
202406 9.441 114.781 9.546
202409 9.838 115.785 9.861
202412 8.673 114.893 8.761
202503 15.181 115.116 15.305
202506 17.909 114.907 18.088
202509 17.442 115.471 17.530
202512 25.949 115.832 25.999
202603 26.931 116.303 26.874
202606 24.884 116.056 24.884

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 HK$6.15 mean?
Seres Group Co (HKSE:09927) has a Cyclically Adjusted Book per Share of HK$6.15 as of Jun. 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 Seres Group Co and its competitors.
Is Seres Group Co's Cyclically Adjusted Book per Share too high?
Seres Group Co's current Cyclically Adjusted Book per Share is HK$6.15. Overall, Seres Group Co has a GF Score™ of 56/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Seres Group Co's Cyclically Adjusted Book per Share compare to TSLA and GM?
Seres Group Co's Cyclically Adjusted Book per Share of HK$6.15 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Cyclically Adjusted Book per Share depends on the Vehicles & Parts 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 Seres Group Co and its competitors. Seres Group Co's current Cyclically Adjusted Book per Share is HK$6.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Seres Group Co stock overvalued right now?
Based on GuruFocus' analysis, Seres Group Co (HKSE:09927) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$103.86, compared to a current price of HK$38.30 — trading 63.1% below its estimated fair value. The current Cyclically Adjusted Book per Share is HK$6.15. Seres Group Co's overall GF Score™ is 56/100 with 3 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 Seres Group Co (HKSE:09927), the current Cyclically Adjusted Book per Share is HK$6.15 as of Jun. 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 Seres Group Co (HKSE:09927) Overvalued in 2026?

Based on GuruFocus' analysis, Seres Group Co stock appears to be undervalued. The current stock price of HK$38.30 is trading 63.1% below its estimated GF Value™ of HK$103.86. GuruFocus considers Seres Group Co to be Significantly Undervalued.

Key valuation signals for HKSE:09927:

  • Cyclically Adjusted Book per Share: HK$6.15
  • GF Value™: HK$103.86 vs. price of HK$38.30 (63.1% below fair value)
  • GF Score™: 56/100 with 3 warning signs

No single metric tells the full story. See the HKSE:09927 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Seres Group Co Business Description

Other Exchanges 9JB0:Germany601127:China
Address No. 7, Wuyunhu Road, Shapingba District, Chongqing, CHN, 401335
Seres Group Co Ltd is engaged in the research and development, production, sales, and service of complete vehicles, engines, and parts. The company's main products include the AITO series, covering new energy vehicles and traditional fuel vehicles. It has established an integrated value chain covering research and development, production, supply, sales and services, thereby enhancing user product experience and brand recognition through technological innovation and translating such advantages into operating results.The company operates in China and other countries, with the maximum revenue from China.
56GF Score

Get the complete analysis for HKSE:09927

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

HK$38.30
Price
HK$103.86
GF Value