Shanghai Yimin Commercial Group Co (SHSE:600824) Cyclically Adjusted Book per Share: ¥2.39 (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:600824 Shanghai Yimin Commercial Group Co Ltd SHSE:600824
51 GF Score
Price ¥3.35
GF Value ¥2.78
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Shanghai Yimin Commercial Group Co Cyclically Adjusted Book per Share?

Shanghai Yimin Commercial Group Co SHSE:600824 -2.90% 51 Cyclically Adjusted Book per Share is ¥2.39 as of Mar. 2026. GuruFocus rates SHSE:600824 with a GF Score™ of 51/100 and a GF Value™ of ¥2.78 (Modestly 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.

Shanghai Yimin Commercial Group Co's adjusted book value per share for the three months ended in Mar. 2026 was ¥2.403. 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 ¥2.39 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Shanghai Yimin Commercial Group Co's average Cyclically Adjusted Book Growth Rate was 2.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 5.00% 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 Yimin Commercial Group Co was 8.90% per year. The lowest was 1.70% per year. And the median was 6.80% per year.

As of today (2026-07-25), Shanghai Yimin Commercial Group Co's current stock price is ¥3.35. Shanghai Yimin Commercial Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ¥2.39. Shanghai Yimin Commercial Group Co's Cyclically Adjusted PB Ratio of today is 1.40.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Shanghai Yimin Commercial Group Co was 4.91. The lowest was 1.26. And the median was 1.83.


Shanghai Yimin Commercial Group Co  (SHSE:600824) 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 Yimin Commercial Group Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3.35/2.39
=1.40

* 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 Yimin Commercial Group Co was 4.91. The lowest was 1.26. And the median was 1.83.


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 Yimin Commercial Group Co Cyclically Adjusted Book per Share Related Terms


Shanghai Yimin Commercial Group Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Shanghai Yimin Commercial 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.

Shanghai Yimin Commercial Group Co Cyclically Adjusted Book per Share Chart

Shanghai Yimin Commercial 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 2.15 2.25 2.29 2.33 2.37

Shanghai Yimin Commercial 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 2.34 2.34 2.36 2.37 2.39

SHSE:600824 vs DDS: Cyclically Adjusted Book per Share Comparison

For the Department Stores subindustry, Shanghai Yimin Commercial 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.


Shanghai Yimin Commercial Group Co Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Shanghai Yimin Commercial Group Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


SHSE:600824
51GF Score
Shanghai Yimin Commercial Group Co Ltd SHSE:600824
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shanghai Yimin Commercial 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, Shanghai Yimin Commercial 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)
=2.403/116.3033*116.3033
=2.403

Current CPI (Mar. 2026) = 116.3033.

Shanghai Yimin Commercial Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.889 101.400 2.167
201609 1.929 102.400 2.191
201612 1.942 102.600 2.201
201703 1.990 103.200 2.243
201706 1.994 103.100 2.249
201709 2.036 104.100 2.275
201712 2.032 104.500 2.262
201803 2.080 105.300 2.297
201806 2.082 104.900 2.308
201809 2.107 106.600 2.299
201812 2.298 106.500 2.510
201903 2.333 107.700 2.519
201906 2.319 107.700 2.504
201909 2.335 109.800 2.473
201912 2.349 111.200 2.457
202003 2.352 112.300 2.436
202006 2.334 110.400 2.459
202009 2.354 111.700 2.451
202012 2.491 111.500 2.598
202103 2.529 112.662 2.611
202106 2.508 111.769 2.610
202109 2.532 112.215 2.624
202112 2.528 113.108 2.599
202203 2.563 114.335 2.607
202206 2.509 114.558 2.547
202209 2.499 115.339 2.520
202212 2.218 115.116 2.241
202303 2.253 115.116 2.276
202306 2.267 114.558 2.302
202309 2.289 115.339 2.308
202312 2.272 114.781 2.302
202403 2.302 115.227 2.324
202406 2.295 114.781 2.325
202409 2.289 115.785 2.299
202412 2.288 114.893 2.316
202503 2.301 115.116 2.325
202506 2.293 114.907 2.321
202509 2.288 115.471 2.304
202512 2.385 115.832 2.395
202603 2.403 116.303 2.403

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 ¥2.39 mean?
Shanghai Yimin Commercial Group Co (SHSE:600824) has a Cyclically Adjusted Book per Share of ¥2.39 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 Yimin Commercial Group Co and its competitors.
Is Shanghai Yimin Commercial Group Co's Cyclically Adjusted Book per Share too high?
Shanghai Yimin Commercial Group Co's current Cyclically Adjusted Book per Share is ¥2.39. Overall, Shanghai Yimin Commercial Group Co has a GF Score™ of 51/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Yimin Commercial Group Co's Cyclically Adjusted Book per Share compare to DDS?
Shanghai Yimin Commercial Group Co's Cyclically Adjusted Book per Share of ¥2.39 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Cyclically Adjusted Book per Share depends on the Retail - Cyclical 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 Yimin Commercial Group Co and its competitors. Shanghai Yimin Commercial Group Co's current Cyclically Adjusted Book per Share is ¥2.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Yimin Commercial Group Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Yimin Commercial Group Co (SHSE:600824) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥2.78, compared to a current price of ¥3.35 — trading 20.5% above its estimated fair value. The current Cyclically Adjusted Book per Share is ¥2.39. Shanghai Yimin Commercial Group Co's overall GF Score™ is 51/100 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 Shanghai Yimin Commercial Group Co (SHSE:600824), the current Cyclically Adjusted Book per Share is ¥2.39 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 Yimin Commercial Group Co (SHSE:600824) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Yimin Commercial Group Co stock appears to be overvalued. The current stock price of ¥3.35 is trading 20.5% above its estimated GF Value™ of ¥2.78. GuruFocus considers Shanghai Yimin Commercial Group Co to be Modestly Overvalued.

Key valuation signals for SHSE:600824:

  • Cyclically Adjusted Book per Share: ¥2.39
  • GF Value™: ¥2.78 vs. price of ¥3.35 (20.5% above fair value)
  • GF Score™: 51/100 with 3 warning signs

No single metric tells the full story. See the SHSE:600824 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Yimin Commercial Group Co Business Description

Address No. 809A Huaihai Middle Road, Shanghai, Shanghai, CHN, 200020
Shanghai Yimin Commercial Group Co Ltd engages in a variety of commercial business. Its main business areas include commercial chain development, commercial real estate operations, quasi-financial services, and equity investment cooperation. The company mainly operates businesses in Shanghai.
51GF Score

Get the complete analysis for SHSE:600824

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

¥3.35
Price
¥2.78
GF Value