Fujian Apex Software Co (SHSE:603383) Cyclically Adjusted PB Ratio: 4.70 (As of Sep. 02, 2026) — 27% Below Median

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SHSE:603383 Fujian Apex Software Co Ltd SHSE:603383
100 GF Score
Price ¥28.38
GF Value ¥33.62
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Fujian Apex Software Co Cyclically Adjusted PB Ratio?

Fujian Apex Software Co SHSE:603383 -1.80% 100 Cyclically Adjusted PB Ratio is 4.70 as of Sep. 02, 2026, which is 27% below its 10-year median of 6.46. GuruFocus rates SHSE:603383 with a GF Score™ of 100/100 and a GF Value™ of ¥33.62 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,468 Software companies, Fujian Apex Software Co ranks worse than 74.18% on this metric.

As of today (2026-09-02), Fujian Apex Software Co's current share price is ¥28.38. Fujian Apex Software Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ¥6.04. Fujian Apex Software Co's Cyclically Adjusted PB Ratio for today is 4.70.

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: 4.22   Med: 6.46   Max: 8.39
Current: 4.87

During the past years, Fujian Apex Software Co's highest Cyclically Adjusted PB Ratio was 8.39. The lowest was 4.22. And the median was 6.46.

SHSE:603383's Cyclically Adjusted PB Ratio is ranked worse than
74.18% of 1468 companies
in the Software industry
Industry Median: 2.385 vs SHSE:603383: 4.87

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 Jun. 2026 was ¥7.062. 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 ¥6.04 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


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


Fujian Apex Software Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

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.

Fujian Apex Software Co Cyclically Adjusted PB Ratio Chart

Fujian Apex Software Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 6.76 6.05

Fujian Apex Software 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 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 7.36 7.35 6.05 4.75 4.39

SHSE:603383 vs CRM, SHOP, UBER: Cyclically Adjusted PB Ratio Comparison

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 Cyclically Adjusted PB Ratio vs 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.


SHSE:603383
100GF Score
Fujian Apex Software Co Ltd SHSE:603383
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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
=28.38/6.04
=4.70

* 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 Jun. 2026 is calculated as:

For example, Fujian Apex Software 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)
=7.062/116.0564*116.0564
=7.062

Current CPI (Jun. 2026) = 116.0564.

Fujian Apex Software Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.000 102.400 0.000
201612 3.178 102.600 3.595
201703 2.390 103.200 2.688
201706 4.346 103.100 4.892
201709 4.319 104.100 4.815
201712 4.643 104.500 5.156
201803 4.664 105.300 5.140
201806 4.621 104.900 5.112
201809 4.803 106.600 5.229
201812 5.136 106.500 5.597
201903 5.163 107.700 5.564
201906 5.023 107.700 5.413
201909 5.171 109.800 5.466
201912 5.518 111.200 5.759
202003 5.522 112.300 5.707
202006 5.394 110.400 5.670
202009 5.585 111.700 5.803
202012 5.832 111.500 6.070
202103 5.841 112.662 6.017
202106 5.715 111.769 5.934
202109 5.782 112.215 5.980
202112 6.100 113.108 6.259
202203 6.167 114.335 6.260
202206 5.884 114.558 5.961
202209 6.086 115.339 6.124
202212 6.627 115.116 6.681
202303 6.758 115.116 6.813
202306 6.317 114.558 6.400
202309 6.643 115.339 6.684
202312 7.267 114.781 7.348
202403 7.357 115.227 7.410
202406 6.608 114.781 6.681
202409 6.877 115.785 6.893
202412 7.185 114.893 7.258
202503 7.294 115.116 7.354
202506 6.849 114.907 6.917
202509 7.110 115.471 7.146
202512 7.315 115.832 7.329
202603 7.541 116.303 7.525
202606 7.062 116.056 7.062

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.

What does a Cyclically Adjusted PB Ratio of 4.70 mean?
Fujian Apex Software Co (SHSE:603383) has a Cyclically Adjusted PB Ratio of 4.70 as of Sep. 02, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Fujian Apex Software Co and its competitors. This is 27% below median its historical median of 6.46. Over the past decade, Fujian Apex Software Co's Cyclically Adjusted PB Ratio has ranged from 4.22 to 8.39. According to the industry distribution chart, Fujian Apex Software Co ranks #1089 out of 1468 companies in the Software industry, placing it in the top 74.2%.
Is Fujian Apex Software Co's Cyclically Adjusted PB Ratio too high?
Fujian Apex Software Co's current Cyclically Adjusted PB Ratio of 4.70 is 27% below median its 10-year median of 6.46. Over the past 10 years, this metric has ranged from a low of 4.22 to a high of 8.39. The Software industry median Cyclically Adjusted PB Ratio is 2.39. Fujian Apex Software Co's value of 4.70 is 97.1% above this industry median. Based on the distribution chart, Fujian Apex Software Co ranks #1089 out of 1468 companies in the Software industry, which is below the industry midpoint. Overall, Fujian Apex Software Co has a GF Score™ of 100/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fujian Apex Software Co's Cyclically Adjusted PB Ratio compare to CRM and SHOP?
According to the Software industry distribution chart, Fujian Apex Software Co ranks #1089 out of 1468 companies for Cyclically Adjusted PB Ratio. This places Fujian Apex Software Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.39. Fujian Apex Software Co's value of 4.70 is 97.1% above this benchmark. Historically, Fujian Apex Software Co's own Cyclically Adjusted PB Ratio has ranged from 4.22 to 8.39 over the past decade. While the company's 10-year median is 6.46 vs. the industry median of 2.39, Fujian Apex Software Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.39, based on 1,468 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fujian Apex Software Co's current Cyclically Adjusted PB Ratio of 4.70 is 97.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Fujian Apex Software Co and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fujian Apex Software Co's current Cyclically Adjusted PB Ratio is 4.70, which is 27% below median its own 10-year median of 6.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fujian Apex Software Co stock overvalued right now?
Based on GuruFocus' analysis, Fujian Apex Software Co (SHSE:603383) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥33.62, compared to a current price of ¥28.38 — trading 15.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.70, which is 27% below median its 10-year median of 6.46 and 97.1% above the Software industry median of 2.39. Fujian Apex Software Co's overall GF Score™ is 100/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Fujian Apex Software Co (SHSE:603383), the current Cyclically Adjusted PB Ratio is 4.70 as of Sep. 02, 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 Fujian Apex Software Co (SHSE:603383) Overvalued in 2026?

Based on GuruFocus' analysis, Fujian Apex Software Co stock appears to be undervalued. The current stock price of ¥28.38 is trading 15.6% below its estimated GF Value™ of ¥33.62. GuruFocus considers Fujian Apex Software Co to be Modestly Undervalued.

Key valuation signals for SHSE:603383:

  • Cyclically Adjusted PB Ratio: 4.70 (27% below median its 10-year median of 6.46)
  • GF Value™: ¥33.62 vs. price of ¥28.38 (15.6% below fair value)
  • GF Score™: 100/100 with 3 warning signs
  • Industry Position: 97.1% above the Software median (#1089 of 1468)

No single metric tells the full story. See the SHSE:603383 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fujian Apex Software Co Business Description

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.
100GF Score

Get the complete analysis for SHSE:603383

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

¥28.38
Price
¥33.62
GF Value