Eurocrane (China) Co (SHSE:603966) Cyclically Adjusted Book per Share: ¥2.72 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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SHSE:603966 Eurocrane (China) Co Ltd SHSE:603966
89 GF Score
Price ¥7.92
GF Value ¥8.36
Valuation Fairly Valued
! 4 Warning Signs
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What is Eurocrane (China) Co Cyclically Adjusted Book per Share?

Eurocrane (China) Co SHSE:603966 +0.25% 89 Cyclically Adjusted Book per Share is ¥2.72 as of Mar. 2026. GuruFocus rates SHSE:603966 with a GF Score™ of 89/100 and a GF Value™ of ¥8.36 (Fairly Valued). 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.

Eurocrane (China) Co's adjusted book value per share for the three months ended in Mar. 2026 was ¥4.078. 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 ¥2.72 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Eurocrane (China) Co's average Cyclically Adjusted Book Growth Rate was 10.10% 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 (2026-08-07), Eurocrane (China) Co's current stock price is ¥7.92. Eurocrane (China) Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ¥2.72. Eurocrane (China) Co's Cyclically Adjusted PB Ratio of today is 2.91.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Eurocrane (China) Co was 4.99. The lowest was 2.13. And the median was 3.04.


Eurocrane (China) Co  (SHSE:603966) 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.

Eurocrane (China) Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=7.92/2.72
=2.91

* 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 Eurocrane (China) Co was 4.99. The lowest was 2.13. And the median was 3.04.


Be Aware

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


Eurocrane (China) Co Cyclically Adjusted Book per Share Related Terms


Eurocrane (China) Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Eurocrane (China) 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.

Eurocrane (China) Co Cyclically Adjusted Book per Share Chart

Eurocrane (China) 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 2.41 2.68

Eurocrane (China) 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 2.47 2.53 2.61 2.68 2.72

SHSE:603966 vs GEV, ETN, PH: Cyclically Adjusted Book per Share Comparison

For the Specialty Industrial Machinery subindustry, Eurocrane (China) 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.


Eurocrane (China) Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Eurocrane (China) Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Eurocrane (China) Co's Cyclically Adjusted PB Ratio falls into.


SHSE:603966
89GF Score
Eurocrane (China) Co Ltd SHSE:603966
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eurocrane (China) 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, Eurocrane (China) 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)
=4.078/116.3033*116.3033
=4.078

Current CPI (Mar. 2026) = 116.3033.

Eurocrane (China) Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.450 101.400 1.663
201609 1.452 102.400 1.649
201612 1.514 102.600 1.716
201703 1.711 103.200 1.928
201706 1.720 103.100 1.940
201709 1.763 104.100 1.970
201712 1.809 104.500 2.013
201803 1.787 105.300 1.974
201806 1.853 104.900 2.054
201809 1.908 106.600 2.082
201812 1.978 106.500 2.160
201903 1.946 107.700 2.101
201906 1.998 107.700 2.158
201909 2.090 109.800 2.214
201912 2.183 111.200 2.283
202003 2.210 112.300 2.289
202006 2.319 110.400 2.443
202009 2.543 111.700 2.648
202012 2.538 111.500 2.647
202103 2.599 112.662 2.683
202106 2.611 111.769 2.717
202109 2.773 112.215 2.874
202112 2.762 113.108 2.840
202203 2.814 114.335 2.862
202206 2.805 114.558 2.848
202209 2.956 115.339 2.981
202212 3.077 115.116 3.109
202303 3.133 115.116 3.165
202306 3.126 114.558 3.174
202309 3.224 115.339 3.251
202312 3.291 114.781 3.335
202403 3.336 115.227 3.367
202406 3.297 114.781 3.341
202409 3.390 115.785 3.405
202412 3.458 114.893 3.500
202503 3.555 115.116 3.592
202506 3.800 114.907 3.846
202509 3.893 115.471 3.921
202512 4.012 115.832 4.028
202603 4.078 116.303 4.078

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 ¥2.72 mean?
Eurocrane (China) Co (SHSE:603966) has a Cyclically Adjusted Book per Share of ¥2.72 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 Eurocrane (China) Co and its competitors.
Is Eurocrane (China) Co's Cyclically Adjusted Book per Share too high?
Eurocrane (China) Co's current Cyclically Adjusted Book per Share is ¥2.72. Overall, Eurocrane (China) Co has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Eurocrane (China) Co's Cyclically Adjusted Book per Share compare to GEV and ETN?
Eurocrane (China) Co's Cyclically Adjusted Book per Share of ¥2.72 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 Eurocrane (China) Co and its competitors. Eurocrane (China) Co's current Cyclically Adjusted Book per Share is ¥2.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eurocrane (China) Co stock overvalued right now?
Based on GuruFocus' analysis, Eurocrane (China) Co (SHSE:603966) is currently considered Fairly Valued. The stock's GF Value™ is ¥8.36, compared to a current price of ¥7.92 — trading 5.3% below its estimated fair value. The current Cyclically Adjusted Book per Share is ¥2.72. Eurocrane (China) Co's overall GF Score™ is 89/100 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 Eurocrane (China) Co (SHSE:603966), the current Cyclically Adjusted Book per Share is ¥2.72 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 Eurocrane (China) Co (SHSE:603966) Overvalued in 2026?

Based on GuruFocus' analysis, Eurocrane (China) Co stock appears to be undervalued. The current stock price of ¥7.92 is trading 5.3% below its estimated GF Value™ of ¥8.36. GuruFocus considers Eurocrane (China) Co to be Fairly Valued.

Key valuation signals for SHSE:603966:

  • Cyclically Adjusted Book per Share: ¥2.72
  • GF Value™: ¥8.36 vs. price of ¥7.92 (5.3% below fair value)
  • GF Score™: 89/100 with 4 warning signs

No single metric tells the full story. See the SHSE:603966 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Eurocrane (China) Co Business Description

Address No. 288-388, Fenyue Road, Fenhu Economic Development Zone, Jiangsu Province, Wujiang, CHN, 215211
Eurocrane (China) Co Ltd is a manufacturer and service provider of heavy machines. Its products include lifting equipment, cranes, hoists and other industrial equipment. It offers bridge, gantry, swing arm, flexible beam, special, clean room, and explosion-proof cranes; and lifting bodies, electric hoists, transmission equipment, and engineering machinery components. The company also provides installation, inspection, repair, upgrade, maintenance, and training services, as well as spare parts. Its products are used in the equipment manufacturing, transportation and logistics, paper making, energy and electricity, automobile and shipbuilding, metal processing, aerospace.
89GF Score

Get the complete analysis for SHSE:603966

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

¥7.92
Price
¥8.36
GF Value