Square Technology Group Co (SHSE:603339) Cyclically Adjusted Book per Share: ¥6.67 (As of Jun. 2026)

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SHSE:603339 Square Technology Group Co Ltd SHSE:603339
76 GF Score
Price ¥14.09
GF Value ¥11.12
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Square Technology Group Co Cyclically Adjusted Book per Share?

Square Technology Group Co SHSE:603339 +1.08% 76 Cyclically Adjusted Book per Share is ¥6.67 as of Jun. 2026. GuruFocus rates SHSE:603339 with a GF Score™ of 76/100 and a GF Value™ of ¥11.12 (Modestly Overvalued). The stock has 4 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.

Square Technology Group Co's adjusted book value per share for the three months ended in Jun. 2026 was ¥9.013. 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 ¥6.67 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Square Technology Group Co's average Cyclically Adjusted Book Growth Rate was 8.10% 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 (2026-08-06), Square Technology Group Co's current stock price is ¥14.09. Square Technology Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ¥6.67. Square Technology Group Co's Cyclically Adjusted PB Ratio of today is 2.11.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Square Technology Group Co was 2.65. The lowest was 1.57. And the median was 2.02.


Square Technology Group Co  (SHSE:603339) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=14.09/6.67
=2.11

* 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 Square Technology Group Co was 2.65. The lowest was 1.57. And the median was 2.02.


Be Aware

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


Square Technology Group Co Cyclically Adjusted Book per Share Related Terms


Square Technology Group Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Square Technology 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.

Square Technology Group Co Cyclically Adjusted Book per Share Chart

Square Technology 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 0.00 0.00 5.60 5.97 6.40

Square Technology Group Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 6.17 6.25 6.40 6.57 6.67

SHSE:603339 vs GEV, ETN, PH: Cyclically Adjusted Book per Share Comparison

For the Specialty Industrial Machinery subindustry, Square Technology 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.


Square Technology Group Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


SHSE:603339
76GF Score
Square Technology Group Co Ltd SHSE:603339
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Square Technology 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, Square Technology Group Co's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=9.013/116.0564*116.0564
=9.013

Current CPI (Jun. 2026) = 116.0564.

Square Technology Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 4.131 102.400 4.682
201612 4.282 102.600 4.844
201703 4.340 103.200 4.881
201706 4.342 103.100 4.888
201709 4.515 104.100 5.034
201712 4.717 104.500 5.239
201803 4.792 105.300 5.282
201806 4.926 104.900 5.450
201809 5.138 106.600 5.594
201812 5.275 106.500 5.748
201903 5.384 107.700 5.802
201906 5.422 107.700 5.843
201909 5.512 109.800 5.826
201912 5.598 111.200 5.842
202003 5.708 112.300 5.899
202006 5.704 110.400 5.996
202009 5.822 111.700 6.049
202012 5.850 111.500 6.089
202103 5.960 112.662 6.140
202106 5.999 111.769 6.229
202109 6.167 112.215 6.378
202112 6.296 113.108 6.460
202203 6.450 114.335 6.547
202206 6.559 114.558 6.645
202209 6.824 115.339 6.866
202212 7.127 115.116 7.185
202303 7.373 115.116 7.433
202306 7.383 114.558 7.480
202309 7.689 115.339 7.737
202312 8.001 114.781 8.090
202403 8.146 115.227 8.205
202406 8.042 114.781 8.131
202409 8.139 115.785 8.158
202412 8.299 114.893 8.383
202503 8.464 115.116 8.533
202506 8.306 114.907 8.389
202509 8.417 115.471 8.460
202512 8.584 115.832 8.601
202603 8.722 116.303 8.703
202606 9.013 116.056 9.013

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 ¥6.67 mean?
Square Technology Group Co (SHSE:603339) has a Cyclically Adjusted Book per Share of ¥6.67 as of Jun. 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 Square Technology Group Co and its competitors.
Is Square Technology Group Co's Cyclically Adjusted Book per Share too high?
Square Technology Group Co's current Cyclically Adjusted Book per Share is ¥6.67. Overall, Square Technology Group Co has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Square Technology Group Co's Cyclically Adjusted Book per Share compare to GEV and ETN?
Square Technology Group Co's Cyclically Adjusted Book per Share of ¥6.67 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 Square Technology Group Co and its competitors. Square Technology Group Co's current Cyclically Adjusted Book per Share is ¥6.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Square Technology Group Co stock overvalued right now?
Based on GuruFocus' analysis, Square Technology Group Co (SHSE:603339) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥11.12, compared to a current price of ¥14.09 — trading 26.7% above its estimated fair value. The current Cyclically Adjusted Book per Share is ¥6.67. Square Technology Group Co's overall GF Score™ is 76/100 with 4 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 Square Technology Group Co (SHSE:603339), the current Cyclically Adjusted Book per Share is ¥6.67 as of Jun. 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 Square Technology Group Co (SHSE:603339) Overvalued in 2026?

Based on GuruFocus' analysis, Square Technology Group Co stock appears to be overvalued. The current stock price of ¥14.09 is trading 26.7% above its estimated GF Value™ of ¥11.12. GuruFocus considers Square Technology Group Co to be Modestly Overvalued.

Key valuation signals for SHSE:603339:

  • Cyclically Adjusted Book per Share: ¥6.67
  • GF Value™: ¥11.12 vs. price of ¥14.09 (26.7% above fair value)
  • GF Score™: 76/100 with 4 warning signs

No single metric tells the full story. See the SHSE:603339 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Square Technology Group Co Business Description

Address No. 1180, Jianghai Avenue, Xingren Town, Tongzhou District, Jiangsu Province, Nantong, CHN, 226371
Square Technology Group Co Ltd engages in the manufacturing of cold chain food deep processing equipment, focusing on high-end intelligent equipment technology fields such as freezing and refrigeration, storage and transportation equipment, industrial heat exchange, and energy-saving panels, forming an industrial scale effect and gaining industrial competitive advantages.
76GF Score

Get the complete analysis for SHSE:603339

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

¥14.09
Price
¥11.12
GF Value