Xunlei (STU:4XN) Cyclically Adjusted Book per Share: €5.97 (As of Mar. 2026)

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STU:4XN Xunlei Ltd STU:4XN
67 GF Score
Price €4.80
GF Value €2.81
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Xunlei Cyclically Adjusted Book per Share?

Xunlei STU:4XN -0.83% 67 Cyclically Adjusted Book per Share is €5.97 as of Mar. 2026. GuruFocus rates STU:4XN with a GF Score™ of 67/100 and a GF Value™ of €2.81 (Significantly Overvalued). The stock has 5 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.

Xunlei's adjusted book value per share for the three months ended in Mar. 2026 was €16.263. 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 €5.97 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Xunlei's average Cyclically Adjusted Book Growth Rate was 24.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.30% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Xunlei was 4.30% per year. The lowest was 0.90% per year. And the median was 2.60% per year.

As of today (2026-07-27), Xunlei's current stock price is €4.80. Xunlei's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €5.97. Xunlei's Cyclically Adjusted PB Ratio of today is 0.80.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Xunlei was 1.56. The lowest was 0.19. And the median was 0.33.


Xunlei  (STU:4XN) 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.

Xunlei's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.80/5.97
=0.80

* 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 Xunlei was 1.56. The lowest was 0.19. And the median was 0.33.


Be Aware

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


Xunlei Cyclically Adjusted Book per Share Related Terms


Xunlei Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Xunlei'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.

Xunlei Cyclically Adjusted Book per Share Chart

Xunlei 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 4.57 5.55 5.41 5.48 5.66

Xunlei 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 5.08 4.87 5.17 5.66 5.97

STU:4XN vs MOVE, TLS, GRRR: Cyclically Adjusted Book per Share Comparison

For the Software - Infrastructure subindustry, Xunlei'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.


Xunlei Cyclically Adjusted PB Ratio vs Software Industry

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

* The bar in red indicates where Xunlei's Cyclically Adjusted PB Ratio falls into.


STU:4XN
67GF Score
Xunlei Ltd STU:4XN
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Xunlei 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, Xunlei'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)
=16.263/116.3033*116.3033
=16.263

Current CPI (Mar. 2026) = 116.3033.

Xunlei Quarterly Data

Book Value per Share CPI Adj_Book
201606 5.732 101.400 6.574
201609 5.649 102.400 6.416
201612 5.854 102.600 6.636
201703 5.710 103.200 6.435
201706 5.344 103.100 6.028
201709 4.760 104.100 5.318
201712 4.875 104.500 5.426
201803 4.850 105.300 5.357
201806 5.029 104.900 5.576
201809 4.768 106.600 5.202
201812 4.510 106.500 4.925
201903 4.470 107.700 4.827
201906 4.418 107.700 4.771
201909 4.172 109.800 4.419
201912 3.939 111.200 4.120
202003 3.859 112.300 3.997
202006 3.644 110.400 3.839
202009 3.550 111.700 3.696
202012 3.591 111.500 3.746
202103 3.743 112.662 3.864
202106 3.752 111.769 3.904
202109 3.791 112.215 3.929
202112 3.984 113.108 4.097
202203 4.194 114.335 4.266
202206 4.297 114.558 4.362
202209 4.630 115.339 4.669
202212 4.500 115.116 4.546
202303 4.553 115.116 4.600
202306 4.404 114.558 4.471
202309 4.581 115.339 4.619
202312 4.604 114.781 4.665
202403 4.690 115.227 4.734
202406 4.802 114.781 4.866
202409 4.790 115.785 4.811
202412 4.941 114.893 5.002
202503 4.711 115.116 4.760
202506 14.493 114.907 14.669
202509 22.151 115.471 22.311
202512 18.661 115.832 18.737
202603 16.263 116.303 16.263

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 €5.97 mean?
Xunlei (STU:4XN) has a Cyclically Adjusted Book per Share of €5.97 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 Xunlei and its competitors.
Is Xunlei's Cyclically Adjusted Book per Share too high?
Xunlei's current Cyclically Adjusted Book per Share is €5.97. Overall, Xunlei has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Xunlei's Cyclically Adjusted Book per Share compare to MOVE and TLS?
Xunlei's Cyclically Adjusted Book per Share of €5.97 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 Xunlei and its competitors. Xunlei's current Cyclically Adjusted Book per Share is €5.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xunlei stock overvalued right now?
Based on GuruFocus' analysis, Xunlei (STU:4XN) is currently considered Significantly Overvalued. The stock's GF Value™ is €2.81, compared to a current price of €4.80 — trading 70.8% above its estimated fair value. The current Cyclically Adjusted Book per Share is €5.97. Xunlei's overall GF Score™ is 67/100 with 5 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 Xunlei (STU:4XN), the current Cyclically Adjusted Book per Share is €5.97 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 Xunlei (STU:4XN) Overvalued in 2026?

Based on GuruFocus' analysis, Xunlei stock appears to be overvalued. The current stock price of €4.80 is trading 70.8% above its estimated GF Value™ of €2.81. GuruFocus considers Xunlei to be Significantly Overvalued.

Key valuation signals for STU:4XN:

  • Cyclically Adjusted Book per Share: €5.97
  • GF Value™: €2.81 vs. price of €4.80 (70.8% above fair value)
  • GF Score™: 67/100 with 5 warning signs

No single metric tells the full story. See the STU:4XN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Xunlei Business Description

Other Exchanges XNET:USA
Address 3709 Baishi Road, Nanshan District, Shenzhen, CHN, 518000
Xunlei Ltd is a technology company providing distributed cloud services in China. It operates a powerful internet platform in China based on cloud technology to enable its users to quickly access, store, manage and consume digital media content on the internet. The company has expanded its products and services from PC-based devices to mobile devices in part through pre-installed acceleration products in mobile phones to further enlarge its user base and offer its users a wider range of access points. It provides a wide range of products and services across cloud acceleration and digital entertainment to deliver an efficient, smart and safe internet environment to its users.
67GF Score

Get the complete analysis for STU:4XN

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

€4.80
Price
€2.81
GF Value