Changyuan Technology Group (SHSE:600525) Cyclically Adjusted Book per Share: ¥4.10 (As of Mar. 2026)

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SHSE:600525 Changyuan Technology Group Ltd SHSE:600525
57 GF Score
Price ¥4.48
GF Value ¥4.73
Valuation Fairly Valued
! 5 Warning Signs
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What is Changyuan Technology Group Cyclically Adjusted Book per Share?

Changyuan Technology Group SHSE:600525 -6.08% 57 Cyclically Adjusted Book per Share is ¥4.10 as of Mar. 2026. GuruFocus rates SHSE:600525 with a GF Score™ of 57/100 and a GF Value™ of ¥4.73 (Fairly Valued). The stock has 5 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.

Changyuan Technology Group's adjusted book value per share for the three months ended in Mar. 2026 was ¥2.131. 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 ¥4.10 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Changyuan Technology Group's average Cyclically Adjusted Book Growth Rate was -3.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 0.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 7.30% 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 Changyuan Technology Group was 20.30% per year. The lowest was 0.50% per year. And the median was 13.25% per year.

As of today (2026-07-20), Changyuan Technology Group's current stock price is ¥4.48. Changyuan Technology Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ¥4.10. Changyuan Technology Group's Cyclically Adjusted PB Ratio of today is 1.09.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Changyuan Technology Group was 7.65. The lowest was 0.75. And the median was 1.43.


Changyuan Technology Group  (SHSE:600525) 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.

Changyuan Technology Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.48/4.10
=1.09

* 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 Changyuan Technology Group was 7.65. The lowest was 0.75. And the median was 1.43.


Be Aware

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


Changyuan Technology Group Cyclically Adjusted Book per Share Related Terms


Changyuan Technology Group Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Changyuan Technology Group'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.

Changyuan Technology Group Cyclically Adjusted Book per Share Chart

Changyuan Technology Group 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 3.97 4.08 4.18 4.23 4.14

Changyuan Technology Group 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 4.24 4.22 4.19 4.14 4.10

SHSE:600525 vs GEV, ETN, PH: Cyclically Adjusted Book per Share Comparison

For the Specialty Industrial Machinery subindustry, Changyuan Technology Group'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.


Changyuan Technology Group Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Changyuan Technology Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


SHSE:600525
57GF Score
Changyuan Technology Group Ltd SHSE:600525
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Changyuan Technology Group 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, Changyuan Technology Group'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)
=2.131/116.3033*116.3033
=2.131

Current CPI (Mar. 2026) = 116.3033.

Changyuan Technology Group Quarterly Data

Book Value per Share CPI Adj_Book
201606 4.166 101.400 4.778
201609 5.065 102.400 5.753
201612 5.356 102.600 6.071
201703 5.534 103.200 6.237
201706 5.608 103.100 6.326
201709 5.942 104.100 6.639
201712 4.414 104.500 4.913
201803 6.218 105.300 6.868
201806 6.588 104.900 7.304
201809 6.426 106.600 7.011
201812 4.033 106.500 4.404
201903 3.997 107.700 4.316
201906 3.954 107.700 4.270
201909 3.545 109.800 3.755
201912 3.270 111.200 3.420
202003 3.175 112.300 3.288
202006 3.308 110.400 3.485
202009 3.402 111.700 3.542
202012 3.332 111.500 3.476
202103 3.306 112.662 3.413
202106 3.333 111.769 3.468
202109 3.297 112.215 3.417
202112 3.106 113.108 3.194
202203 2.571 114.335 2.615
202206 2.682 114.558 2.723
202209 3.361 115.339 3.389
202212 3.621 115.116 3.658
202303 3.674 115.116 3.712
202306 3.753 114.558 3.810
202309 3.764 115.339 3.795
202312 3.827 114.781 3.878
202403 3.819 115.227 3.855
202406 3.709 114.781 3.758
202409 3.692 115.785 3.709
202412 2.936 114.893 2.972
202503 2.876 115.116 2.906
202506 2.674 114.907 2.706
202509 2.693 115.471 2.712
202512 2.121 115.832 2.130
202603 2.131 116.303 2.131

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 ¥4.10 mean?
Changyuan Technology Group (SHSE:600525) has a Cyclically Adjusted Book per Share of ¥4.10 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 Changyuan Technology Group and its competitors.
Is Changyuan Technology Group's Cyclically Adjusted Book per Share too high?
Changyuan Technology Group's current Cyclically Adjusted Book per Share is ¥4.10. Overall, Changyuan Technology Group has a GF Score™ of 57/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Changyuan Technology Group's Cyclically Adjusted Book per Share compare to GEV and ETN?
Changyuan Technology Group's Cyclically Adjusted Book per Share of ¥4.10 can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Cyclically Adjusted Book per Share depends on the Industrial Products 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 Changyuan Technology Group and its competitors. Changyuan Technology Group's current Cyclically Adjusted Book per Share is ¥4.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Changyuan Technology Group stock overvalued right now?
Based on GuruFocus' analysis, Changyuan Technology Group (SHSE:600525) is currently considered Fairly Valued. The stock's GF Value™ is ¥4.73, compared to a current price of ¥4.48 — trading 5.3% below its estimated fair value. The current Cyclically Adjusted Book per Share is ¥4.10. Changyuan Technology Group's overall GF Score™ is 57/100 with 5 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 Changyuan Technology Group (SHSE:600525), the current Cyclically Adjusted Book per Share is ¥4.10 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 Changyuan Technology Group (SHSE:600525) Overvalued in 2026?

Based on GuruFocus' analysis, Changyuan Technology Group stock appears to be undervalued. The current stock price of ¥4.48 is trading 5.3% below its estimated GF Value™ of ¥4.73. GuruFocus considers Changyuan Technology Group to be Fairly Valued.

Key valuation signals for SHSE:600525:

  • Cyclically Adjusted Book per Share: ¥4.10
  • GF Value™: ¥4.73 vs. price of ¥4.48 (5.3% below fair value)
  • GF Score™: 57/100 with 5 warning signs

No single metric tells the full story. See the SHSE:600525 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Changyuan Technology Group Business Description

Address Keyuan Middle Road, Changyuan New Materials Port, Building F, 5th Floor, Nanshan District and High-tech Zone, Guangdong Province, Shenzhen, Guangdong, CHN, 518057
Changyuan Technology Group Ltd specializes in the research, development, and manufacturing of intelligent digitalization of industrial and power systems. The company has two product series namely, test systems and automation equipment, providing comprehensive solutions for the electronics, automotive, medical, new energy, clothing, lighting, and other industries. The product portfolio includes power grid protection and automation, smart primary equipment, composite insulators, chip packaging equipment solutions, clothing intelligent equipment, and other products.
57GF Score

Get the complete analysis for SHSE:600525

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

¥4.48
Price
¥4.73
GF Value