Shanghai Kai Kai Industry Co (SHSE:600272) Cyclically Adjusted Book per Share: ¥2.37 (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.

SHSE:600272 Shanghai Kai Kai Industry Co Ltd SHSE:600272
62 GF Score
Price ¥11.12
GF Value ¥13.04
Valuation Modestly Undervalued
! 9 Warning Signs
View Full Analysis

What is Shanghai Kai Kai Industry Co Cyclically Adjusted Book per Share?

Shanghai Kai Kai Industry Co SHSE:600272 -4.06% 62 Cyclically Adjusted Book per Share is ¥2.37 as of Mar. 2026. GuruFocus rates SHSE:600272 with a GF Score™ of 62/100 and a GF Value™ of ¥13.04 (Modestly Undervalued). The stock has 9 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.

Shanghai Kai Kai Industry Co's adjusted book value per share for the three months ended in Mar. 2026 was ¥3.025. 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 ¥2.37 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Shanghai Kai Kai Industry Co's average Cyclically Adjusted Book Growth Rate was 3.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 5.90% 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 Shanghai Kai Kai Industry Co was 12.50% per year. The lowest was -13.20% per year. And the median was 3.50% per year.

As of today (2026-07-18), Shanghai Kai Kai Industry Co's current stock price is ¥11.12. Shanghai Kai Kai Industry Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ¥2.37. Shanghai Kai Kai Industry Co's Cyclically Adjusted PB Ratio of today is 4.69.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Shanghai Kai Kai Industry Co was 16.01. The lowest was 3.20. And the median was 4.71.


Shanghai Kai Kai Industry Co  (SHSE:600272) 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.

Shanghai Kai Kai Industry Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=11.12/2.37
=4.69

* 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 Shanghai Kai Kai Industry Co was 16.01. The lowest was 3.20. And the median was 4.71.


Be Aware

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


Shanghai Kai Kai Industry Co Cyclically Adjusted Book per Share Related Terms


Shanghai Kai Kai Industry Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Shanghai Kai Kai Industry 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.

Shanghai Kai Kai Industry Co Cyclically Adjusted Book per Share Chart

Shanghai Kai Kai Industry 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 2.07 2.16 2.22 2.27 2.35

Shanghai Kai Kai Industry 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 2.29 2.29 2.33 2.35 2.37

SHSE:600272 vs RL, LEVI, VFC: Cyclically Adjusted Book per Share Comparison

For the Apparel Manufacturing subindustry, Shanghai Kai Kai Industry 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.


Shanghai Kai Kai Industry Co Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shanghai Kai Kai Industry Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Shanghai Kai Kai Industry Co's Cyclically Adjusted PB Ratio falls into.


SHSE:600272
62GF Score
Shanghai Kai Kai Industry Co Ltd SHSE:600272
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shanghai Kai Kai Industry 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, Shanghai Kai Kai Industry 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)
=3.025/116.3033*116.3033
=3.025

Current CPI (Mar. 2026) = 116.3033.

Shanghai Kai Kai Industry Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.997 101.400 2.291
201609 1.951 102.400 2.216
201612 2.008 102.600 2.276
201703 1.984 103.200 2.236
201706 1.956 103.100 2.206
201709 1.995 104.100 2.229
201712 2.043 104.500 2.274
201803 2.068 105.300 2.284
201806 2.074 104.900 2.299
201809 2.029 106.600 2.214
201812 2.039 106.500 2.227
201903 2.151 107.700 2.323
201906 2.081 107.700 2.247
201909 2.111 109.800 2.236
201912 2.119 111.200 2.216
202003 2.131 112.300 2.207
202006 2.103 110.400 2.215
202009 2.116 111.700 2.203
202012 2.123 111.500 2.214
202103 2.131 112.662 2.200
202106 2.125 111.769 2.211
202109 2.120 112.215 2.197
202112 2.203 113.108 2.265
202203 2.211 114.335 2.249
202206 2.295 114.558 2.330
202209 2.313 115.339 2.332
202212 2.340 115.116 2.364
202303 2.380 115.116 2.405
202306 2.360 114.558 2.396
202309 2.372 115.339 2.392
202312 2.452 114.781 2.485
202403 2.548 115.227 2.572
202406 2.531 114.781 2.565
202409 2.545 115.785 2.556
202412 2.547 114.893 2.578
202503 2.580 115.116 2.607
202506 2.551 114.907 2.582
202509 2.956 115.471 2.977
202512 2.957 115.832 2.969
202603 3.025 116.303 3.025

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 ¥2.37 mean?
Shanghai Kai Kai Industry Co (SHSE:600272) has a Cyclically Adjusted Book per Share of ¥2.37 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 Shanghai Kai Kai Industry Co and its competitors.
Is Shanghai Kai Kai Industry Co's Cyclically Adjusted Book per Share too high?
Shanghai Kai Kai Industry Co's current Cyclically Adjusted Book per Share is ¥2.37. Overall, Shanghai Kai Kai Industry Co has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Kai Kai Industry Co's Cyclically Adjusted Book per Share compare to RL and LEVI?
Shanghai Kai Kai Industry Co's Cyclically Adjusted Book per Share of ¥2.37 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Cyclically Adjusted Book per Share depends on the Manufacturing - Apparel & Accessories 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 Shanghai Kai Kai Industry Co and its competitors. Shanghai Kai Kai Industry Co's current Cyclically Adjusted Book per Share is ¥2.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Kai Kai Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Kai Kai Industry Co (SHSE:600272) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥13.04, compared to a current price of ¥11.12 — trading 14.7% below its estimated fair value. The current Cyclically Adjusted Book per Share is ¥2.37. Shanghai Kai Kai Industry Co's overall GF Score™ is 62/100 with 9 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 Shanghai Kai Kai Industry Co (SHSE:600272), the current Cyclically Adjusted Book per Share is ¥2.37 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 Shanghai Kai Kai Industry Co (SHSE:600272) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Kai Kai Industry Co stock appears to be undervalued. The current stock price of ¥11.12 is trading 14.7% below its estimated GF Value™ of ¥13.04. GuruFocus considers Shanghai Kai Kai Industry Co to be Modestly Undervalued.

Key valuation signals for SHSE:600272:

  • Cyclically Adjusted Book per Share: ¥2.37
  • GF Value™: ¥13.04 vs. price of ¥11.12 (14.7% below fair value)
  • GF Score™: 62/100 with 9 warning signs

No single metric tells the full story. See the SHSE:600272 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Kai Kai Industry Co Business Description

Other Exchanges 900943:China
Address 4th Floor, No. 565 Jiangning Road, Shanghai, Shanghai, CHN, 200041
Shanghai Kai Kai Industry Co Ltd is mainly engaged in the production, wholesale and retail of shirts and sweaters, as well as the wholesale and retail of Chinese and Western medicines.
62GF Score

Get the complete analysis for SHSE:600272

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

¥11.12
Price
¥13.04
GF Value