Lucky Film Co (SHSE:600135) Cyclically Adjusted Book per Share: ¥4.81 (As of Mar. 2026)

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SHSE:600135 Lucky Film Co Ltd SHSE:600135
54 GF Score
Price ¥6.97
GF Value ¥5.03
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Lucky Film Co Cyclically Adjusted Book per Share?

Lucky Film Co SHSE:600135 +1.60% 54 Cyclically Adjusted Book per Share is ¥4.81 as of Mar. 2026. GuruFocus rates SHSE:600135 with a GF Score™ of 54/100 and a GF Value™ of ¥5.03 (Significantly Overvalued). 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.

Lucky Film Co's adjusted book value per share for the three months ended in Mar. 2026 was ¥4.257. 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 ¥4.81 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Lucky Film Co's average Cyclically Adjusted Book Growth Rate was -0.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.10% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 4.40% 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 Lucky Film Co was 8.00% per year. The lowest was 1.30% per year. And the median was 4.10% per year.

As of today (2026-07-28), Lucky Film Co's current stock price is ¥6.97. Lucky Film Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ¥4.81. Lucky Film Co's Cyclically Adjusted PB Ratio of today is 1.45.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Lucky Film Co was 5.29. The lowest was 0.93. And the median was 1.72.


Lucky Film Co  (SHSE:600135) 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.

Lucky Film Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=6.97/4.81
=1.45

* 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 Lucky Film Co was 5.29. The lowest was 0.93. And the median was 1.72.


Be Aware

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


Lucky Film Co Cyclically Adjusted Book per Share Related Terms


Lucky Film Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Lucky Film 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.

Lucky Film Co Cyclically Adjusted Book per Share Chart

Lucky Film 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 4.32 4.55 4.67 4.78 4.81

Lucky Film 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 4.83 4.80 4.81 4.81 4.81

SHSE:600135 vs DOW: Cyclically Adjusted Book per Share Comparison

For the Chemicals subindustry, Lucky Film 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.


Lucky Film Co Cyclically Adjusted PB Ratio vs Chemicals Industry

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

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


SHSE:600135
54GF Score
Lucky Film Co Ltd SHSE:600135
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lucky Film 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, Lucky Film 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)
=4.257/116.3033*116.3033
=4.257

Current CPI (Mar. 2026) = 116.3033.

Lucky Film Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 4.368 101.400 5.010
201609 4.400 102.400 4.997
201612 4.399 102.600 4.987
201703 4.470 103.200 5.038
201706 4.498 103.100 5.074
201709 4.551 104.100 5.084
201712 4.524 104.500 5.035
201803 4.571 105.300 5.049
201806 4.545 104.900 5.039
201809 4.546 106.600 4.960
201812 5.618 106.500 6.135
201903 4.549 107.700 4.912
201906 4.531 107.700 4.893
201909 4.065 109.800 4.306
201912 4.420 111.200 4.623
202003 4.601 112.300 4.765
202006 4.594 110.400 4.840
202009 4.606 111.700 4.796
202012 4.640 111.500 4.840
202103 4.669 112.662 4.820
202106 4.695 111.769 4.885
202109 4.717 112.215 4.889
202112 4.725 113.108 4.858
202203 4.741 114.335 4.823
202206 4.746 114.558 4.818
202209 4.757 115.339 4.797
202212 5.206 115.116 5.260
202303 4.831 115.116 4.881
202306 4.819 114.558 4.892
202309 4.814 115.339 4.854
202312 4.508 114.781 4.568
202403 4.473 115.227 4.515
202406 4.455 114.781 4.514
202409 4.409 115.785 4.429
202412 4.463 114.893 4.518
202503 4.413 115.116 4.459
202506 4.371 114.907 4.424
202509 4.311 115.471 4.342
202512 4.299 115.832 4.316
202603 4.257 116.303 4.257

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 ¥4.81 mean?
Lucky Film Co (SHSE:600135) has a Cyclically Adjusted Book per Share of ¥4.81 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 Lucky Film Co and its competitors.
Is Lucky Film Co's Cyclically Adjusted Book per Share too high?
Lucky Film Co's current Cyclically Adjusted Book per Share is ¥4.81. Overall, Lucky Film Co has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lucky Film Co's Cyclically Adjusted Book per Share compare to DOW?
Lucky Film Co's Cyclically Adjusted Book per Share of ¥4.81 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 Lucky Film Co and its competitors. Lucky Film Co's current Cyclically Adjusted Book per Share is ¥4.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lucky Film Co stock overvalued right now?
Based on GuruFocus' analysis, Lucky Film Co (SHSE:600135) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥5.03, compared to a current price of ¥6.97 — trading 38.6% above its estimated fair value. The current Cyclically Adjusted Book per Share is ¥4.81. Lucky Film Co's overall GF Score™ is 54/100 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 Lucky Film Co (SHSE:600135), the current Cyclically Adjusted Book per Share is ¥4.81 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 Lucky Film Co (SHSE:600135) Overvalued in 2026?

Based on GuruFocus' analysis, Lucky Film Co stock appears to be overvalued. The current stock price of ¥6.97 is trading 38.6% above its estimated GF Value™ of ¥5.03. GuruFocus considers Lucky Film Co to be Significantly Overvalued.

Key valuation signals for SHSE:600135:

  • Cyclically Adjusted Book per Share: ¥4.81
  • GF Value™: ¥5.03 vs. price of ¥6.97 (38.6% above fair value)
  • GF Score™: 54/100 with 3 warning signs

No single metric tells the full story. See the SHSE:600135 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lucky Film Co Business Description

Address No.6 Lekai South Street 6, Baoding, Hebei, CHN, 071054
Lucky Film Co Ltd manufactures and sells digital photo papers in China. Some of the products offered by the company include Double-faced Color Paper, Digital Color Paper, PET Film, Photo Chemicals, Magnetic Products and TAC Film.
54GF Score

Get the complete analysis for SHSE:600135

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

¥6.97
Price
¥5.03
GF Value