China Pacific Insurance (Group) Co (LSE:CPIC) Cyclically Adjusted Book per Share: $14.92 (As of Mar. 2026)


LSE:CPIC China Pacific Insurance (Group) Co Ltd LSE:CPIC
71 GF Score
Price $22.20
GF Value $29.03
Valuation Modestly Undervalued
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What is China Pacific Insurance (Group) Co Cyclically Adjusted Book per Share?

China Pacific Insurance (Group) Co LSE:CPIC 71 Cyclically Adjusted Book per Share is $14.92 as of Mar. 2026. GuruFocus rates LSE:CPIC with a GF Score™ of 71/100 and a GF Value™ of $29.03 (Modestly Undervalued).

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.

China Pacific Insurance (Group) Co's adjusted book value per share for the three months ended in Mar. 2026 was $24.101. 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 $14.92 for the trailing ten years ended in Mar. 2026.

During the past 12 months, China Pacific Insurance (Group) Co's average Cyclically Adjusted Book Growth Rate was 7.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.70% 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 China Pacific Insurance (Group) Co was 9.30% per year. The lowest was 7.10% per year. And the median was 8.10% per year.

As of today (2026-07-05), China Pacific Insurance (Group) Co's current stock price is $22.20. China Pacific Insurance (Group) Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $14.92. China Pacific Insurance (Group) Co's Cyclically Adjusted PB Ratio of today is 1.49.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of China Pacific Insurance (Group) Co was 4.12. The lowest was 1.01. And the median was 1.91.


China Pacific Insurance (Group) Co  (LSE:CPIC) 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.

China Pacific Insurance (Group) Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=22.20/14.92
=1.49

* 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 China Pacific Insurance (Group) Co was 4.12. The lowest was 1.01. And the median was 1.91.


Be Aware

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


China Pacific Insurance (Group) Co Cyclically Adjusted Book per Share Related Terms


China Pacific Insurance (Group) Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for China Pacific Insurance (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.

China Pacific Insurance (Group) Co Cyclically Adjusted Book per Share Chart

China Pacific Insurance (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 12.54 12.96 12.95 15.18 12.91

China Pacific Insurance (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 16.34 13.74 14.98 12.91 14.92

LSE:CPIC vs AFL, MET, PRU: Cyclically Adjusted Book per Share Comparison

For the Insurance - Life subindustry, China Pacific Insurance (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.


China Pacific Insurance (Group) Co Cyclically Adjusted PB Ratio vs Insurance Industry

For the Insurance industry and Financial Services sector, China Pacific Insurance (Group) Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where China Pacific Insurance (Group) Co's Cyclically Adjusted PB Ratio falls into.


LSE:CPIC
71GF Score
China Pacific Insurance (Group) Co Ltd LSE:CPIC
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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China Pacific Insurance (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, China Pacific Insurance (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)
=24.101/116.3000*116.3000
=24.101

Current CPI (Mar. 2026) = 116.3000.

China Pacific Insurance (Group) Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 10.631 101.400 12.193
201609 10.838 102.400 12.309
201612 10.506 102.600 11.909
201703 10.624 103.200 11.973
201706 10.661 103.100 12.026
201709 11.402 104.100 12.738
201712 11.507 104.500 12.806
201803 12.367 105.300 13.659
201806 11.852 104.900 13.140
201809 11.509 106.600 12.556
201812 11.989 106.500 13.092
201903 13.325 107.700 14.389
201906 13.001 107.700 14.039
201909 13.204 109.800 13.986
201912 14.037 111.200 14.681
202003 13.827 112.300 14.320
202006 14.510 110.400 15.285
202009 15.472 111.700 16.109
202012 17.106 111.500 17.842
202103 17.675 112.662 18.246
202106 17.678 111.769 18.395
202109 17.769 112.215 18.416
202112 18.502 113.108 19.024
202203 18.145 114.335 18.457
202206 17.596 114.558 17.864
202209 16.426 115.339 16.563
202212 14.647 115.116 14.798
202303 18.737 115.116 18.930
202306 17.635 114.558 17.903
202309 16.987 115.339 17.129
202312 18.167 114.781 18.407
202403 18.612 115.227 18.785
202406 19.150 114.781 19.403
202409 20.076 115.785 20.165
202412 20.803 114.893 21.058
202503 18.899 115.116 19.093
202506 20.402 114.907 20.649
202509 20.734 115.470 20.883
202512 22.296 115.830 22.386
202603 24.101 116.300 24.101

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 $14.92 mean?
China Pacific Insurance (Group) Co (LSE:CPIC) has a Cyclically Adjusted Book per Share of $14.92 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 China Pacific Insurance (Group) Co and its competitors.
Is China Pacific Insurance (Group) Co's Cyclically Adjusted Book per Share too high?
China Pacific Insurance (Group) Co's current Cyclically Adjusted Book per Share is $14.92. Overall, China Pacific Insurance (Group) Co has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Pacific Insurance (Group) Co's Cyclically Adjusted Book per Share compare to AFL and MET?
China Pacific Insurance (Group) Co's Cyclically Adjusted Book per Share of $14.92 can be compared against companies in the Insurance 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 an Insurance company?
A good Cyclically Adjusted Book per Share depends on the Insurance 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 China Pacific Insurance (Group) Co and its competitors. China Pacific Insurance (Group) Co's current Cyclically Adjusted Book per Share is $14.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Pacific Insurance (Group) Co stock overvalued right now?
Based on GuruFocus' analysis, China Pacific Insurance (Group) Co (LSE:CPIC) is currently considered Modestly Undervalued. The stock's GF Value™ is $29.03, compared to a current price of $22.20 — trading 23.5% below its estimated fair value. The current Cyclically Adjusted Book per Share is $14.92. China Pacific Insurance (Group) Co's overall GF Score™ is 71/100. 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 China Pacific Insurance (Group) Co (LSE:CPIC), the current Cyclically Adjusted Book per Share is $14.92 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 China Pacific Insurance (Group) Co (LSE:CPIC) Overvalued in 2026?

Based on GuruFocus' analysis, China Pacific Insurance (Group) Co stock appears to be undervalued. The current stock price of $22.20 is trading 23.5% below its estimated GF Value™ of $29.03. GuruFocus considers China Pacific Insurance (Group) Co to be Modestly Undervalued.

Key valuation signals for LSE:CPIC:

  • Cyclically Adjusted Book per Share: $14.92
  • GF Value™: $29.03 vs. price of $22.20 (23.5% below fair value)
  • GF Score™: 71/100

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


China Pacific Insurance (Group) Co Business Description

Address 1 South Zhongshan Road, Huangpu District, Shanghai, CHN, 200010
Established in 1988, China Pacific Insurance is China's third-largest life insurer and third-largest general property and casualty insurer, with headquarters in Beijing. The company strives to create an integrated financial services platform that encompasses insurance, banking, and asset management. CPIC's major shareholders are state-owned companies related to the Shanghai government.
71GF Score

Get the complete analysis for LSE:CPIC

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

$22.20
Price
$29.03
GF Value