Shanghai Sunglow Packaging Technology Co (SHSE:603499) Cyclically Adjusted PB Ratio: 8.64 (As of Sep. 05, 2026) — 10% Below Median

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SHSE:603499 Shanghai Sunglow Packaging Technology Co Ltd SHSE:603499
84 GF Score
Price ¥13.73
GF Value ¥13.21
Valuation Fairly Valued
! 3 Warning Signs
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What is Shanghai Sunglow Packaging Technology Co Cyclically Adjusted PB Ratio?

Shanghai Sunglow Packaging Technology Co SHSE:603499 +1.40% 84 Cyclically Adjusted PB Ratio is 8.64 as of Sep. 05, 2026, which is 10% below its 10-year median of 9.65. GuruFocus rates SHSE:603499 with a GF Score™ of 84/100 and a GF Value™ of ¥13.21 (Fairly Valued). The stock has 3 warning signs investors should review. Among 270 Packaging & Containers companies, Shanghai Sunglow Packaging Technology Co ranks worse than 97.41% on this metric.

As of today (2026-09-05), Shanghai Sunglow Packaging Technology Co's current share price is ¥13.73. Shanghai Sunglow Packaging Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ¥1.59. Shanghai Sunglow Packaging Technology Co's Cyclically Adjusted PB Ratio for today is 8.64.

The historical rank and industry rank for Shanghai Sunglow Packaging Technology Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:603499' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 6.58   Med: 9.65   Max: 14.65
Current: 7.68

During the past years, Shanghai Sunglow Packaging Technology Co's highest Cyclically Adjusted PB Ratio was 14.65. The lowest was 6.58. And the median was 9.65.

SHSE:603499's Cyclically Adjusted PB Ratio is ranked worse than
97.41% of 270 companies
in the Packaging & Containers industry
Industry Median: 1.125 vs SHSE:603499: 7.68

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.

Shanghai Sunglow Packaging Technology Co's adjusted book value per share data for the three months ended in Jun. 2026 was ¥2.250. 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 ¥1.59 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shanghai Sunglow Packaging Technology Co  (SHSE:603499) 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.


Shanghai Sunglow Packaging Technology Co Cyclically Adjusted PB Ratio Related Terms


Shanghai Sunglow Packaging Technology Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Shanghai Sunglow Packaging Technology 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.

Shanghai Sunglow Packaging Technology Co Cyclically Adjusted PB Ratio Chart

Shanghai Sunglow Packaging Technology 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 0.00 9.27

Shanghai Sunglow Packaging Technology 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 0.00 0.00 9.27 9.71 8.26

SHSE:603499 vs SW, AMCR, PKG: Cyclically Adjusted PB Ratio Comparison

For the Packaging & Containers subindustry, Shanghai Sunglow Packaging Technology 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.


Shanghai Sunglow Packaging Technology Co Cyclically Adjusted PB Ratio vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Shanghai Sunglow Packaging Technology Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Shanghai Sunglow Packaging Technology Co's Cyclically Adjusted PB Ratio falls into.


SHSE:603499
84GF Score
Shanghai Sunglow Packaging Technology Co Ltd SHSE:603499
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shanghai Sunglow Packaging Technology 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.

Shanghai Sunglow Packaging Technology Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=13.73/1.59
=8.64

* 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.

Shanghai Sunglow Packaging Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Shanghai Sunglow Packaging Technology 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)
=2.25/116.0564*116.0564
=2.250

Current CPI (Jun. 2026) = 116.0564.

Shanghai Sunglow Packaging Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201512 0.739 100.600 0.853
201612 0.896 102.600 1.014
201703 0.000 103.200 0.000
201706 0.983 103.100 1.107
201709 0.767 104.100 0.855
201712 1.318 104.500 1.464
201803 1.378 105.300 1.519
201806 1.319 104.900 1.459
201809 1.353 106.600 1.473
201812 1.381 106.500 1.505
201903 1.418 107.700 1.528
201906 1.402 107.700 1.511
201909 1.400 109.800 1.480
201912 1.381 111.200 1.441
202003 1.535 112.300 1.586
202006 1.517 110.400 1.595
202009 1.567 111.700 1.628
202012 1.516 111.500 1.578
202103 1.509 112.662 1.554
202106 1.513 111.769 1.571
202109 1.513 112.215 1.565
202112 1.487 113.108 1.526
202203 1.492 114.335 1.514
202206 1.491 114.558 1.511
202209 1.498 115.339 1.507
202212 1.523 115.116 1.535
202303 1.534 115.116 1.547
202306 1.530 114.558 1.550
202309 1.524 115.339 1.533
202312 1.523 114.781 1.540
202403 1.655 115.227 1.667
202406 1.820 114.781 1.840
202409 1.864 115.785 1.868
202412 1.941 114.893 1.961
202503 2.038 115.116 2.055
202506 2.024 114.907 2.044
202509 2.064 115.471 2.074
202512 2.113 115.832 2.117
202603 2.185 116.303 2.180
202606 2.250 116.056 2.250

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 8.64 mean?
Shanghai Sunglow Packaging Technology Co (SHSE:603499) has a Cyclically Adjusted PB Ratio of 8.64 as of Sep. 05, 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 Shanghai Sunglow Packaging Technology Co and its competitors. This is 10% below median its historical median of 9.65. Over the past decade, Shanghai Sunglow Packaging Technology Co's Cyclically Adjusted PB Ratio has ranged from 6.58 to 14.65. According to the industry distribution chart, Shanghai Sunglow Packaging Technology Co ranks #263 out of 270 companies in the Packaging & Containers industry, placing it in the top 97.4%.
Is Shanghai Sunglow Packaging Technology Co's Cyclically Adjusted PB Ratio too high?
Shanghai Sunglow Packaging Technology Co's current Cyclically Adjusted PB Ratio of 8.64 is 10% below median its 10-year median of 9.65. Over the past 10 years, this metric has ranged from a low of 6.58 to a high of 14.65. The Packaging & Containers industry median Cyclically Adjusted PB Ratio is 1.13. Shanghai Sunglow Packaging Technology Co's value of 8.64 is 668% above this industry median. Based on the distribution chart, Shanghai Sunglow Packaging Technology Co ranks #263 out of 270 companies in the Packaging & Containers industry, which is in the bottom quartile relative to peers. Overall, Shanghai Sunglow Packaging Technology Co has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Sunglow Packaging Technology Co's Cyclically Adjusted PB Ratio compare to SW and AMCR?
According to the Packaging & Containers industry distribution chart, Shanghai Sunglow Packaging Technology Co ranks #263 out of 270 companies for Cyclically Adjusted PB Ratio. This places Shanghai Sunglow Packaging Technology Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.13. Shanghai Sunglow Packaging Technology Co's value of 8.64 is 668% above this benchmark. Historically, Shanghai Sunglow Packaging Technology Co's own Cyclically Adjusted PB Ratio has ranged from 6.58 to 14.65 over the past decade. While the company's 10-year median is 9.65 vs. the industry median of 1.13, Shanghai Sunglow Packaging Technology 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 Packaging & Containers company?
The median Cyclically Adjusted PB Ratio among Packaging & Containers companies is 1.13, based on 270 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. Shanghai Sunglow Packaging Technology Co's current Cyclically Adjusted PB Ratio of 8.64 is 668% 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 Shanghai Sunglow Packaging Technology Co and its competitors. For the Packaging & Containers industry, the median Cyclically Adjusted PB Ratio is 1.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Sunglow Packaging Technology Co's current Cyclically Adjusted PB Ratio is 8.64, which is 10% below median its own 10-year median of 9.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Sunglow Packaging Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Sunglow Packaging Technology Co (SHSE:603499) is currently considered Fairly Valued. The stock's GF Value™ is ¥13.21, compared to a current price of ¥13.73 — trading 3.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 8.64, which is 10% below median its 10-year median of 9.65 and 668% above the Packaging & Containers industry median of 1.13. Shanghai Sunglow Packaging Technology Co's overall GF Score™ is 84/100 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 Shanghai Sunglow Packaging Technology Co (SHSE:603499), the current Cyclically Adjusted PB Ratio is 8.64 as of Sep. 05, 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 Shanghai Sunglow Packaging Technology Co (SHSE:603499) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Sunglow Packaging Technology Co stock appears to be overvalued. The current stock price of ¥13.73 is trading 3.9% above its estimated GF Value™ of ¥13.21. GuruFocus considers Shanghai Sunglow Packaging Technology Co to be Fairly Valued.

Key valuation signals for SHSE:603499:

  • Cyclically Adjusted PB Ratio: 8.64 (10% below median its 10-year median of 9.65)
  • GF Value™: ¥13.21 vs. price of ¥13.73 (3.9% above fair value)
  • GF Score™: 84/100 with 3 warning signs
  • Industry Position: 668% above the Packaging & Containers median (#263 of 270)

No single metric tells the full story. See the SHSE:603499 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Sunglow Packaging Technology Co Business Description

Address 299 Cuibo Road, Nicheng Town, Pudong New Area, Shanghai, CHN, 201306
Shanghai Sunglow Packaging Technology Co Ltd mainly focuses on the research, development, production, and sales of related packaging and printing products in China. The main products and solutions offered by Xianggang include color boxes, gift boxes, blister liners, smart packaging, eco-friendly packaging, and functional packaging, among others. The company also provides specialized services such as creative design and R&D. Along with its subsidiaries Jiusu Technology (which produces plastic containers) and Jinting Cosmetics (which offers OEM/ODM beauty products), the company aims to create comprehensive packaging solutions.
84GF Score

Get the complete analysis for SHSE:603499

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

¥13.73
Price
¥13.21
GF Value