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Fujian Apex Software Co (SHSE:603383) Cyclically Adjusted PB Ratio : 6.80 (As of Jun. 01, 2025)


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What is Fujian Apex Software Co Cyclically Adjusted PB Ratio?

As of today (2025-06-01), Fujian Apex Software Co's current share price is ¥38.60. Fujian Apex Software Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥5.68. Fujian Apex Software Co's Cyclically Adjusted PB Ratio for today is 6.80.

The historical rank and industry rank for Fujian Apex Software Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:603383' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.66   Med: 6.82   Max: 7.89
Current: 6.92

During the past years, Fujian Apex Software Co's highest Cyclically Adjusted PB Ratio was 7.89. The lowest was 4.66. And the median was 6.82.

SHSE:603383's Cyclically Adjusted PB Ratio is ranked worse than
79.57% of 1439 companies
in the Software industry
Industry Median: 2.7 vs SHSE:603383: 6.92

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 adjusted book value per share data for the three months ended in Mar. 2025 was ¥7.294. 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 ¥5.68 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fujian Apex Software Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Fujian Apex Software Co's Cyclically Adjusted PB Ratio 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.

* Premium members only.

Fujian Apex Software Co Cyclically Adjusted PB Ratio Chart

Fujian Apex Software Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 6.76

Fujian Apex Software Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted PB Ratio 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 - 6.03 6.89 6.76 6.74

Competitive Comparison of Fujian Apex Software Co's Cyclically Adjusted PB Ratio

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's Cyclically Adjusted PB Ratio Distribution in the 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.


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Fujian Apex Software Co Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=38.60/5.68
=6.80

* 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.

Fujian Apex Software Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Fujian Apex Software Co's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=7.294/115.1156*115.1156
=7.294

Current CPI (Mar. 2025) = 115.1156.

Fujian Apex Software Co Quarterly Data

Book Value per Share CPI Adj_Book
201412 2.810 99.000 3.267
201506 4.816 99.500 5.572
201512 2.703 100.600 3.093
201603 0.000 102.200 0.000
201606 0.000 101.400 0.000
201609 0.000 102.400 0.000
201612 3.178 102.600 3.566
201703 2.390 103.200 2.666
201706 4.346 103.100 4.852
201709 4.319 104.100 4.776
201712 4.643 104.500 5.115
201803 4.664 105.300 5.099
201806 4.621 104.900 5.071
201809 4.803 106.600 5.187
201812 5.136 106.500 5.551
201903 5.163 107.700 5.518
201906 5.023 107.700 5.369
201909 5.171 109.800 5.421
201912 5.518 111.200 5.712
202003 5.522 112.300 5.660
202006 5.394 110.400 5.624
202009 5.585 111.700 5.756
202012 5.832 111.500 6.021
202103 5.841 112.662 5.968
202106 5.715 111.769 5.886
202109 5.782 112.215 5.931
202112 6.100 113.108 6.208
202203 6.167 114.335 6.209
202206 5.884 114.558 5.913
202209 6.086 115.339 6.074
202212 6.627 115.116 6.627
202303 6.758 115.116 6.758
202306 6.317 114.558 6.348
202309 6.643 115.339 6.630
202312 7.267 114.781 7.288
202403 7.357 115.227 7.350
202406 6.608 114.781 6.627
202409 6.877 115.785 6.837
202412 7.185 114.893 7.199
202503 7.294 115.116 7.294

Add all the adjusted book value per share together and divide the count will get our 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.


Fujian Apex Software Co  (SHSE:603383) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Fujian Apex Software Co Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Fujian Apex Software Co's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Fujian Apex Software Co Business Description

Traded in Other Exchanges
N/A
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.
Executives
Zhao Wei Director
Dong Feng Liang senior management
Lei Shi Pan Director
Yan Meng Yu Director
Liu Jian Bao Supervisors
Cheng Jia Supervisors
Zhu Yu senior management
Ou Yong Supervisors
Zheng Yuan Tong Supervisors

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