Fujian Apex Software Co (SHSE:603383) Cyclically Adjusted Book per Share: ¥6.04 (As of Jun. 2026)

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SHSE:603383 Fujian Apex Software Co Ltd SHSE:603383
99 GF Score
Price ¥26.69
GF Value ¥33.86
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Fujian Apex Software Co Cyclically Adjusted Book per Share?

Fujian Apex Software Co SHSE:603383 -0.22% 99 Cyclically Adjusted Book per Share is ¥6.04 as of Jun. 2026. GuruFocus rates SHSE:603383 with a GF Score™ of 99/100 and a GF Value™ of ¥33.86 (Modestly Undervalued). 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.

Fujian Apex Software Co's adjusted book value per share for the three months ended in Jun. 2026 was ¥7.062. 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 ¥6.04 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Fujian Apex Software Co's average Cyclically Adjusted Book Growth Rate was 4.90% 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.

As of today (2026-09-14), Fujian Apex Software Co's current stock price is ¥26.69. Fujian Apex Software Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ¥6.04. Fujian Apex Software Co's Cyclically Adjusted PB Ratio of today is 4.42.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Fujian Apex Software Co was 8.39. The lowest was 4.22. And the median was 6.45.


Fujian Apex Software Co  (SHSE:603383) 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.

Fujian Apex Software Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=26.69/6.04
=4.42

* 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 Fujian Apex Software Co was 8.39. The lowest was 4.22. And the median was 6.45.


Be Aware

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


Fujian Apex Software Co Cyclically Adjusted Book per Share Related Terms


Fujian Apex Software Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Fujian Apex Software 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.

Fujian Apex Software Co Cyclically Adjusted Book per Share Chart

Fujian Apex Software 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 0.00 5.55 5.96

Fujian Apex Software 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 5.76 5.83 5.96 6.03 6.04

SHSE:603383 vs CRM, SHOP, UBER: Cyclically Adjusted Book per Share Comparison

For the Software - Application subindustry, Fujian Apex Software 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.


Fujian Apex Software Co Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, Fujian Apex Software Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Fujian Apex Software Co's Cyclically Adjusted PB Ratio falls into.


SHSE:603383
99GF Score
Fujian Apex Software Co Ltd SHSE:603383
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fujian Apex Software 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, Fujian Apex Software 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)
=7.062/116.0564*116.0564
=7.062

Current CPI (Jun. 2026) = 116.0564.

Fujian Apex Software Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.000 102.400 0.000
201612 3.178 102.600 3.595
201703 2.390 103.200 2.688
201706 4.346 103.100 4.892
201709 4.319 104.100 4.815
201712 4.643 104.500 5.156
201803 4.664 105.300 5.140
201806 4.621 104.900 5.112
201809 4.803 106.600 5.229
201812 5.136 106.500 5.597
201903 5.163 107.700 5.564
201906 5.023 107.700 5.413
201909 5.171 109.800 5.466
201912 5.518 111.200 5.759
202003 5.522 112.300 5.707
202006 5.394 110.400 5.670
202009 5.585 111.700 5.803
202012 5.832 111.500 6.070
202103 5.841 112.662 6.017
202106 5.715 111.769 5.934
202109 5.782 112.215 5.980
202112 6.100 113.108 6.259
202203 6.167 114.335 6.260
202206 5.884 114.558 5.961
202209 6.086 115.339 6.124
202212 6.627 115.116 6.681
202303 6.758 115.116 6.813
202306 6.317 114.558 6.400
202309 6.643 115.339 6.684
202312 7.267 114.781 7.348
202403 7.357 115.227 7.410
202406 6.608 114.781 6.681
202409 6.877 115.785 6.893
202412 7.185 114.893 7.258
202503 7.294 115.116 7.354
202506 6.849 114.907 6.917
202509 7.110 115.471 7.146
202512 7.315 115.832 7.329
202603 7.541 116.303 7.525
202606 7.062 116.056 7.062

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 ¥6.04 mean?
Fujian Apex Software Co (SHSE:603383) has a Cyclically Adjusted Book per Share of ¥6.04 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 Fujian Apex Software Co and its competitors.
Is Fujian Apex Software Co's Cyclically Adjusted Book per Share too high?
Fujian Apex Software Co's current Cyclically Adjusted Book per Share is ¥6.04. Overall, Fujian Apex Software Co has a GF Score™ of 99/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fujian Apex Software Co's Cyclically Adjusted Book per Share compare to CRM and SHOP?
Fujian Apex Software Co's Cyclically Adjusted Book per Share of ¥6.04 can be compared against companies in the Software 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 Software company?
A good Cyclically Adjusted Book per Share depends on the Software 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 Fujian Apex Software Co and its competitors. Fujian Apex Software Co's current Cyclically Adjusted Book per Share is ¥6.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fujian Apex Software Co stock overvalued right now?
Based on GuruFocus' analysis, Fujian Apex Software Co (SHSE:603383) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥33.86, compared to a current price of ¥26.69 — trading 21.2% below its estimated fair value. The current Cyclically Adjusted Book per Share is ¥6.04. Fujian Apex Software Co's overall GF Score™ is 99/100 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 Fujian Apex Software Co (SHSE:603383), the current Cyclically Adjusted Book per Share is ¥6.04 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 Fujian Apex Software Co (SHSE:603383) Overvalued in 2026?

Based on GuruFocus' analysis, Fujian Apex Software Co stock appears to be undervalued. The current stock price of ¥26.69 is trading 21.2% below its estimated GF Value™ of ¥33.86. GuruFocus considers Fujian Apex Software Co to be Modestly Undervalued.

Key valuation signals for SHSE:603383:

  • Cyclically Adjusted Book per Share: ¥6.04
  • GF Value™: ¥33.86 vs. price of ¥26.69 (21.2% below fair value)
  • GF Score™: 99/100 with 3 warning signs

No single metric tells the full story. See the SHSE:603383 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fujian Apex Software Co Business Description

Address No. 89, Software Avenue, Tongpan Road, Building 13, Building A, Software Park, Gulou District, Fujian, Fuzhou, CHN, 350003
Fujian Apex Software Co Ltd is a China based professional platform-based software company and application solutions provider. It offers software services like business process management (BPM) for different areas including financial securities, including securities and futures and funds, banks and trusts, electronic trading and private equity fund, and business and education.
99GF Score

Get the complete analysis for SHSE:603383

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

¥26.69
Price
¥33.86
GF Value