PNC Process Systems Co (SHSE:603690) Cyclically Adjusted Book per Share: ¥7.23 (As of Mar. 2026)

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SHSE:603690 PNC Process Systems Co Ltd SHSE:603690
64 GF Score
Price ¥23.16
GF Value ¥19.80
Valuation Modestly Overvalued
! 10 Warning Signs
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What is PNC Process Systems Co Cyclically Adjusted Book per Share?

PNC Process Systems Co SHSE:603690 +6.04% 64 Cyclically Adjusted Book per Share is ¥7.23 as of Mar. 2026. GuruFocus rates SHSE:603690 with a GF Score™ of 64/100 and a GF Value™ of ¥19.80 (Modestly Overvalued). The stock has 10 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.

PNC Process Systems Co's adjusted book value per share for the three months ended in Mar. 2026 was ¥9.072. 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 ¥7.23 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PNC Process Systems Co's average Cyclically Adjusted Book Growth Rate was 12.30% 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.

As of today (2026-08-05), PNC Process Systems Co's current stock price is ¥23.16. PNC Process Systems Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ¥7.23. PNC Process Systems Co's Cyclically Adjusted PB Ratio of today is 3.20.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PNC Process Systems Co was 5.06. The lowest was 2.93. And the median was 4.00.


PNC Process Systems Co  (SHSE:603690) 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.

PNC Process Systems Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=23.16/7.23
=3.20

* 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 PNC Process Systems Co was 5.06. The lowest was 2.93. And the median was 4.00.


Be Aware

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


PNC Process Systems Co Cyclically Adjusted Book per Share Related Terms


PNC Process Systems Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for PNC Process Systems 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.

PNC Process Systems Co Cyclically Adjusted Book per Share Chart

PNC Process Systems 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 6.22 7.15

PNC Process Systems 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 6.44 6.67 6.93 7.15 7.23

SHSE:603690 vs GEV, ETN, PH: Cyclically Adjusted Book per Share Comparison

For the Specialty Industrial Machinery subindustry, PNC Process Systems 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.


PNC Process Systems Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, PNC Process Systems Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PNC Process Systems Co's Cyclically Adjusted PB Ratio falls into.


SHSE:603690
64GF Score
PNC Process Systems Co Ltd SHSE:603690
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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PNC Process Systems 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, PNC Process Systems 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)
=9.072/116.3033*116.3033
=9.072

Current CPI (Mar. 2026) = 116.3033.

PNC Process Systems Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.451 101.400 1.664
201609 1.515 102.400 1.721
201612 1.565 102.600 1.774
201703 1.492 103.200 1.681
201706 1.560 103.100 1.760
201709 1.573 104.100 1.757
201712 1.604 104.500 1.785
201803 1.623 105.300 1.793
201806 1.701 104.900 1.886
201809 1.711 106.600 1.867
201812 1.721 106.500 1.879
201903 3.093 107.700 3.340
201906 4.265 107.700 4.606
201909 4.379 109.800 4.638
201912 4.773 111.200 4.992
202003 4.742 112.300 4.911
202006 4.833 110.400 5.091
202009 5.156 111.700 5.368
202012 8.508 111.500 8.875
202103 9.000 112.662 9.291
202106 9.111 111.769 9.481
202109 9.234 112.215 9.570
202112 9.418 113.108 9.684
202203 10.705 114.335 10.889
202206 10.837 114.558 11.002
202209 10.973 115.339 11.065
202212 10.158 115.116 10.263
202303 11.757 115.116 11.878
202306 11.808 114.558 11.988
202309 12.106 115.339 12.207
202312 10.859 114.781 11.003
202403 12.806 115.227 12.926
202406 12.828 114.781 12.998
202409 12.935 115.785 12.993
202412 10.304 114.893 10.431
202503 10.189 115.116 10.294
202506 10.656 114.907 10.785
202509 10.599 115.471 10.675
202512 9.133 115.832 9.170
202603 9.072 116.303 9.072

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 ¥7.23 mean?
PNC Process Systems Co (SHSE:603690) has a Cyclically Adjusted Book per Share of ¥7.23 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 PNC Process Systems Co and its competitors.
Is PNC Process Systems Co's Cyclically Adjusted Book per Share too high?
PNC Process Systems Co's current Cyclically Adjusted Book per Share is ¥7.23. Overall, PNC Process Systems Co has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PNC Process Systems Co's Cyclically Adjusted Book per Share compare to GEV and ETN?
PNC Process Systems Co's Cyclically Adjusted Book per Share of ¥7.23 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 PNC Process Systems Co and its competitors. PNC Process Systems Co's current Cyclically Adjusted Book per Share is ¥7.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PNC Process Systems Co stock overvalued right now?
Based on GuruFocus' analysis, PNC Process Systems Co (SHSE:603690) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥19.80, compared to a current price of ¥23.16 — trading 17% above its estimated fair value. The current Cyclically Adjusted Book per Share is ¥7.23. PNC Process Systems Co's overall GF Score™ is 64/100 with 10 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 PNC Process Systems Co (SHSE:603690), the current Cyclically Adjusted Book per Share is ¥7.23 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 PNC Process Systems Co (SHSE:603690) Overvalued in 2026?

Based on GuruFocus' analysis, PNC Process Systems Co stock appears to be overvalued. The current stock price of ¥23.16 is trading 17% above its estimated GF Value™ of ¥19.80. GuruFocus considers PNC Process Systems Co to be Modestly Overvalued.

Key valuation signals for SHSE:603690:

  • Cyclically Adjusted Book per Share: ¥7.23
  • GF Value™: ¥19.80 vs. price of ¥23.16 (17% above fair value)
  • GF Score™: 64/100 with 10 warning signs

No single metric tells the full story. See the SHSE:603690 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PNC Process Systems Co Business Description

Address No. 170, Zihai Road, Minhang District, Shanghai, CHN, 200241
PNC Process Systems Co Ltd offers process system solutions for advanced manufacturing enterprises. The solutions cover the design, selection, manufacturing, installation, testing, commissioning, and system hosting services of the entire system. Its product portfolio covers gas delivery system solution, chemical delivery system solutions, process machine secondary, GMS detection control management system, and digital production system, among others. It also offers gasification equipment, wet process machine, ultra-clean electronic materials, media special inspection service, laboratory service, and biopharmaceutical systems and equipment. The systems and services are used in semiconductor, microelectronics, biomedical, photovoltaic, fiber optic, TFT-LCD, LED and other fields.
64GF Score

Get the complete analysis for SHSE:603690

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

¥23.16
Price
¥19.80
GF Value