Xiamen Bank Co (SHSE:601187) Cyclically Adjusted Book per Share: ¥8.37 (As of Mar. 2026)

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SHSE:601187 Xiamen Bank Co Ltd SHSE:601187
62 GF Score
Price ¥7.30
GF Value ¥5.96
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Xiamen Bank Co Cyclically Adjusted Book per Share?

Xiamen Bank Co SHSE:601187 +0.69% 62 Cyclically Adjusted Book per Share is ¥8.37 as of Mar. 2026. GuruFocus rates SHSE:601187 with a GF Score™ of 62/100 and a GF Value™ of ¥5.96 (Modestly Overvalued). The stock has 6 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.

Xiamen Bank Co's adjusted book value per share for the three months ended in Mar. 2026 was ¥12.378. 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 ¥8.37 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Xiamen Bank Co's average Cyclically Adjusted Book Growth Rate was 14.20% 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.

As of today (2026-08-09), Xiamen Bank Co's current stock price is ¥7.30. Xiamen Bank Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ¥8.37. Xiamen Bank Co's Cyclically Adjusted PB Ratio of today is 0.87.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Xiamen Bank Co was 1.07. The lowest was 0.69. And the median was 0.88.


Xiamen Bank Co  (SHSE:601187) 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.

Xiamen Bank Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=7.30/8.37
=0.87

* 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 Xiamen Bank Co was 1.07. The lowest was 0.69. And the median was 0.88.


Be Aware

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


Xiamen Bank Co Cyclically Adjusted Book per Share Related Terms


Xiamen Bank Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Xiamen Bank 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.

Xiamen Bank Co Cyclically Adjusted Book per Share Chart

Xiamen Bank 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 0.00 0.00 7.05 7.57 8.10

Xiamen Bank 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 7.71 7.81 7.96 8.10 8.37

Xiamen Bank Co Cyclically Adjusted Book per Share Competitor Comparison

For the Banks - Regional subindustry, Xiamen Bank 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.


Xiamen Bank Co Cyclically Adjusted PB Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Xiamen Bank Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


SHSE:601187
62GF Score
Xiamen Bank Co Ltd SHSE:601187
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Xiamen Bank 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, Xiamen Bank 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)
=12.378/116.3033*116.3033
=12.378

Current CPI (Mar. 2026) = 116.3033.

Xiamen Bank Co Quarterly Data

Book Value per Share CPI Adj_Book
201412 3.334 99.000 3.917
201506 4.115 99.500 4.810
201512 4.388 100.600 5.073
201603 4.490 102.200 5.110
201606 4.582 101.400 5.255
201609 4.795 102.400 5.446
201612 4.808 102.600 5.450
201706 5.198 103.100 5.864
201712 5.074 104.500 5.647
201806 5.393 104.900 5.979
201812 5.769 106.500 6.300
201903 5.932 107.700 6.406
201906 6.070 107.700 6.555
201909 6.152 109.800 6.516
201912 6.440 111.200 6.736
202003 6.769 112.300 7.010
202006 6.705 110.400 7.064
202009 6.012 111.700 6.260
202012 7.337 111.500 7.653
202103 8.088 112.662 8.349
202106 8.148 111.769 8.479
202109 8.358 112.215 8.662
202112 8.623 113.108 8.867
202203 8.813 114.335 8.965
202206 8.790 114.558 8.924
202209 9.021 115.339 9.096
202212 9.167 115.116 9.262
202303 9.487 115.116 9.585
202306 9.525 114.558 9.670
202309 11.081 115.339 11.174
202312 11.320 114.781 11.470
202403 11.666 115.227 11.775
202406 11.583 114.781 11.737
202409 11.784 115.785 11.837
202412 11.989 114.893 12.136
202503 12.024 115.116 12.148
202506 12.090 114.907 12.237
202509 12.241 115.471 12.329
202512 12.677 115.832 12.729
202603 12.378 116.303 12.378

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 ¥8.37 mean?
Xiamen Bank Co (SHSE:601187) has a Cyclically Adjusted Book per Share of ¥8.37 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 Xiamen Bank Co and its competitors.
Is Xiamen Bank Co's Cyclically Adjusted Book per Share too high?
Xiamen Bank Co's current Cyclically Adjusted Book per Share is ¥8.37. Overall, Xiamen Bank Co has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Xiamen Bank Co's Cyclically Adjusted Book per Share compare to competitors?
Xiamen Bank Co's Cyclically Adjusted Book per Share of ¥8.37 can be compared against companies in the Banks 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 Banks company?
A good Cyclically Adjusted Book per Share depends on the Banks 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 Xiamen Bank Co and its competitors. Xiamen Bank Co's current Cyclically Adjusted Book per Share is ¥8.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xiamen Bank Co stock overvalued right now?
Based on GuruFocus' analysis, Xiamen Bank Co (SHSE:601187) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥5.96, compared to a current price of ¥7.30 — trading 22.5% above its estimated fair value. The current Cyclically Adjusted Book per Share is ¥8.37. Xiamen Bank Co's overall GF Score™ is 62/100 with 6 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 Xiamen Bank Co (SHSE:601187), the current Cyclically Adjusted Book per Share is ¥8.37 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 Xiamen Bank Co (SHSE:601187) Overvalued in 2026?

Based on GuruFocus' analysis, Xiamen Bank Co stock appears to be overvalued. The current stock price of ¥7.30 is trading 22.5% above its estimated GF Value™ of ¥5.96. GuruFocus considers Xiamen Bank Co to be Modestly Overvalued.

Key valuation signals for SHSE:601187:

  • Cyclically Adjusted Book per Share: ¥8.37
  • GF Value™: ¥5.96 vs. price of ¥7.30 (22.5% above fair value)
  • GF Score™: 62/100 with 6 warning signs

No single metric tells the full story. See the SHSE:601187 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Xiamen Bank Co Business Description

Address 101 Hubin North Road, Commercial Bank Building, Siming District, Fujian Province, Xiamen, CHN, 361012
Xiamen Bank Co Ltd operates as a bank providing corporate banking, personal banking and treasury services. The banks services are to absorb public deposits; to issue short-term, medium-term and long-term loans; to handle domestic settlement; to handle bill discounting; to issue financial bonds; agency issuance, redemption, and underwriting government Bonds; buying and selling government bonds; engaging in inter-bank lending; providing guarantees and services; agency collection and payment and insurance agency business; providing safe deposit box business; handling places Entrusted loan business for the use of funds for fiscal credit turnover; among others.
62GF Score

Get the complete analysis for SHSE:601187

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

¥7.30
Price
¥5.96
GF Value