Sk Shu Paint Co (SHSE:603737) Cyclically Adjusted Book per Share: ¥2.59 (As of Jun. 2026)

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SHSE:603737 Sk Shu Paint Co Ltd SHSE:603737
67 GF Score
Price ¥20.33
GF Value ¥31.51
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Sk Shu Paint Co Cyclically Adjusted Book per Share?

Sk Shu Paint Co SHSE:603737 -0.97% 67 Cyclically Adjusted Book per Share is ¥2.59 as of Jun. 2026. GuruFocus rates SHSE:603737 with a GF Score™ of 67/100 and a GF Value™ of ¥31.51 (Significantly Undervalued). The stock has 2 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.

Sk Shu Paint Co's adjusted book value per share for the three months ended in Jun. 2026 was ¥3.924. 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 ¥2.59 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Sk Shu Paint Co's average Cyclically Adjusted Book Growth Rate was 11.20% 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 (2026-09-16), Sk Shu Paint Co's current stock price is ¥20.33. Sk Shu Paint Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ¥2.59. Sk Shu Paint Co's Cyclically Adjusted PB Ratio of today is 7.85.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sk Shu Paint Co was 24.01. The lowest was 8.24. And the median was 13.56.


Sk Shu Paint Co  (SHSE:603737) 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.

Sk Shu Paint Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=20.33/2.589
=7.85

* 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 Sk Shu Paint Co was 24.01. The lowest was 8.24. And the median was 13.56.


Be Aware

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


Sk Shu Paint Co Cyclically Adjusted Book per Share Related Terms


Sk Shu Paint Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Sk Shu Paint 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.

Sk Shu Paint Co Cyclically Adjusted Book per Share Chart

Sk Shu Paint 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 1.70 1.95 2.22 2.53

Sk Shu Paint 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 2.22 2.23 2.53 2.54 2.59

SHSE:603737 vs LIN, SHW, ECL: Cyclically Adjusted Book per Share Comparison

For the Specialty Chemicals subindustry, Sk Shu Paint 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.


Sk Shu Paint Co Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sk Shu Paint Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Sk Shu Paint Co's Cyclically Adjusted PB Ratio falls into.


SHSE:603737
67GF Score
Sk Shu Paint Co Ltd SHSE:603737
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sk Shu Paint 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, Sk Shu Paint 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)
=3.924/116.0564*116.0564
=3.924

Current CPI (Jun. 2026) = 116.0564.

Sk Shu Paint Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 1.067 102.400 1.209
201612 1.164 102.600 1.317
201703 1.149 103.200 1.292
201706 1.165 103.100 1.311
201709 1.224 104.100 1.365
201712 1.334 104.500 1.482
201803 1.336 105.300 1.472
201806 1.357 104.900 1.501
201809 1.450 106.600 1.579
201812 1.574 106.500 1.715
201903 1.690 107.700 1.821
201906 1.768 107.700 1.905
201909 1.960 109.800 2.072
201912 2.159 111.200 2.253
202003 2.007 112.300 2.074
202006 2.180 110.400 2.292
202009 2.850 111.700 2.961
202012 2.997 111.500 3.119
202103 3.015 112.662 3.106
202106 3.072 111.769 3.190
202109 2.988 112.215 3.090
202112 2.443 113.108 2.507
202203 2.398 114.335 2.434
202206 2.546 114.558 2.579
202209 2.777 115.339 2.794
202212 2.793 115.116 2.816
202303 2.826 115.116 2.849
202306 3.150 114.558 3.191
202309 3.479 115.339 3.501
202312 3.053 114.781 3.087
202403 3.107 115.227 3.129
202406 3.193 114.781 3.228
202409 3.474 115.785 3.482
202412 3.356 114.893 3.390
202503 3.475 115.116 3.503
202506 3.660 114.907 3.697
202509 3.882 115.471 3.902
202512 3.649 115.832 3.656
202603 3.766 116.303 3.758
202606 3.924 116.056 3.924

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 ¥2.59 mean?
Sk Shu Paint Co (SHSE:603737) has a Cyclically Adjusted Book per Share of ¥2.59 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 Sk Shu Paint Co and its competitors.
Is Sk Shu Paint Co's Cyclically Adjusted Book per Share too high?
Sk Shu Paint Co's current Cyclically Adjusted Book per Share is ¥2.59. Overall, Sk Shu Paint Co has a GF Score™ of 67/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sk Shu Paint Co's Cyclically Adjusted Book per Share compare to LIN and SHW?
Sk Shu Paint Co's Cyclically Adjusted Book per Share of ¥2.59 can be compared against companies in the Chemicals 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 Chemicals company?
A good Cyclically Adjusted Book per Share depends on the Chemicals 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 Sk Shu Paint Co and its competitors. Sk Shu Paint Co's current Cyclically Adjusted Book per Share is ¥2.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sk Shu Paint Co stock overvalued right now?
Based on GuruFocus' analysis, Sk Shu Paint Co (SHSE:603737) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥31.51, compared to a current price of ¥20.33 — trading 35.5% below its estimated fair value. The current Cyclically Adjusted Book per Share is ¥2.59. Sk Shu Paint Co's overall GF Score™ is 67/100 with 2 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 Sk Shu Paint Co (SHSE:603737), the current Cyclically Adjusted Book per Share is ¥2.59 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 Sk Shu Paint Co (SHSE:603737) Overvalued in 2026?

Based on GuruFocus' analysis, Sk Shu Paint Co stock appears to be undervalued. The current stock price of ¥20.33 is trading 35.5% below its estimated GF Value™ of ¥31.51. GuruFocus considers Sk Shu Paint Co to be Significantly Undervalued.

Key valuation signals for SHSE:603737:

  • Cyclically Adjusted Book per Share: ¥2.59
  • GF Value™: ¥31.51 vs. price of ¥20.33 (35.5% below fair value)
  • GF Score™: 67/100 with 2 warning signs

No single metric tells the full story. See the SHSE:603737 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sk Shu Paint Co Business Description

Address No. 518 LIyuan North Road, Licheng District, Fujian Province, Putian City, CHN, 351100
Sk Shu Paint Co Ltd is engaged in the Research and development, production and sales of architectural coatings (wall coatings), wood coatings and adhesives.
67GF Score

Get the complete analysis for SHSE:603737

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

¥20.33
Price
¥31.51
GF Value