Lily Group Co (SHSE:603823) Cyclically Adjusted PB Ratio: 14.16 (As of Aug. 31, 2026) — 367% Above Median

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SHSE:603823 Lily Group Co Ltd SHSE:603823
60 GF Score
Price ¥65.42
GF Value ¥11.21
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Lily Group Co Cyclically Adjusted PB Ratio?

Lily Group Co SHSE:603823 -1.06% 60 Cyclically Adjusted PB Ratio is 14.16 as of Aug. 31, 2026, which is 367% above its 10-year median of 3.03. GuruFocus rates SHSE:603823 with a GF Score™ of 60/100 and a GF Value™ of ¥11.21 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,095 Chemicals companies, Lily Group Co ranks worse than 97.35% on this metric.

As of today (2026-08-31), Lily Group Co's current share price is ¥65.42. Lily Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ¥4.62. Lily Group Co's Cyclically Adjusted PB Ratio for today is 14.16.

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

SHSE:603823' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.95   Med: 3.03   Max: 16.83
Current: 14.32

During the past years, Lily Group Co's highest Cyclically Adjusted PB Ratio was 16.83. The lowest was 1.95. And the median was 3.03.

SHSE:603823's Cyclically Adjusted PB Ratio is ranked worse than
97.35% of 1095 companies
in the Chemicals industry
Industry Median: 1.69 vs SHSE:603823: 14.32

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.

Lily Group Co's adjusted book value per share data for the three months ended in Jun. 2026 was ¥6.059. 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 ¥4.62 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lily Group Co  (SHSE:603823) 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.


Lily Group Co Cyclically Adjusted PB Ratio Related Terms


Lily Group Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Lily Group 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.

Lily Group Co Cyclically Adjusted PB Ratio Chart

Lily Group 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 2.27 3.36

Lily Group 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 3.00 3.62 3.36 3.41 11.82

SHSE:603823 vs LIN, SHW, ECL: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, Lily Group 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.


Lily Group Co Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Lily Group Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


SHSE:603823
60GF Score
Lily Group Co Ltd SHSE:603823
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lily Group 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.

Lily Group Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=65.42/4.62
=14.16

* 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.

Lily Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Lily Group 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)
=6.059/116.0564*116.0564
=6.059

Current CPI (Jun. 2026) = 116.0564.

Lily Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 1.720 102.400 1.949
201612 2.852 102.600 3.226
201703 2.910 103.200 3.273
201706 2.919 103.100 3.286
201709 2.988 104.100 3.331
201712 3.101 104.500 3.444
201803 3.192 105.300 3.518
201806 3.217 104.900 3.559
201809 3.371 106.600 3.670
201812 3.465 106.500 3.776
201903 3.555 107.700 3.831
201906 3.599 107.700 3.878
201909 3.749 109.800 3.963
201912 3.877 111.200 4.046
202003 3.953 112.300 4.085
202006 3.958 110.400 4.161
202009 4.138 111.700 4.299
202012 4.340 111.500 4.517
202103 4.486 112.662 4.621
202106 4.503 111.769 4.676
202109 4.664 112.215 4.824
202112 4.891 113.108 5.019
202203 5.059 114.335 5.135
202206 5.050 114.558 5.116
202209 5.149 115.339 5.181
202212 5.204 115.116 5.247
202303 5.258 115.116 5.301
202306 5.193 114.558 5.261
202309 5.259 115.339 5.292
202312 5.340 114.781 5.399
202403 5.438 115.227 5.477
202406 5.433 114.781 5.493
202409 5.583 115.785 5.596
202412 5.661 114.893 5.718
202503 5.771 115.116 5.818
202506 5.750 114.907 5.808
202509 5.836 115.471 5.866
202512 5.912 115.832 5.923
202603 6.015 116.303 6.002
202606 6.059 116.056 6.059

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 14.16 mean?
Lily Group Co (SHSE:603823) has a Cyclically Adjusted PB Ratio of 14.16 as of Aug. 31, 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 Lily Group Co and its competitors. This is 367% above median its historical median of 3.03. Over the past decade, Lily Group Co's Cyclically Adjusted PB Ratio has ranged from 1.95 to 16.83. According to the industry distribution chart, Lily Group Co ranks #1066 out of 1095 companies in the Chemicals industry, placing it in the top 97.4%.
Is Lily Group Co's Cyclically Adjusted PB Ratio too high?
Lily Group Co's current Cyclically Adjusted PB Ratio of 14.16 is 367% above median its 10-year median of 3.03. Over the past 10 years, this metric has ranged from a low of 1.95 to a high of 16.83. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.69. Lily Group Co's value of 14.16 is 737.9% above this industry median. Based on the distribution chart, Lily Group Co ranks #1066 out of 1095 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Lily Group Co has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lily Group Co's Cyclically Adjusted PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Lily Group Co ranks #1066 out of 1095 companies for Cyclically Adjusted PB Ratio. This places Lily Group Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.69. Lily Group Co's value of 14.16 is 737.9% above this benchmark. Historically, Lily Group Co's own Cyclically Adjusted PB Ratio has ranged from 1.95 to 16.83 over the past decade. While the company's 10-year median is 3.03 vs. the industry median of 1.69, Lily Group 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 Chemicals company?
The median Cyclically Adjusted PB Ratio among Chemicals companies is 1.69, based on 1,095 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. Lily Group Co's current Cyclically Adjusted PB Ratio of 14.16 is 737.9% 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 Lily Group Co and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lily Group Co's current Cyclically Adjusted PB Ratio is 14.16, which is 367% above median its own 10-year median of 3.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lily Group Co stock overvalued right now?
Based on GuruFocus' analysis, Lily Group Co (SHSE:603823) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥11.21, compared to a current price of ¥65.42 — trading 483.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 14.16, which is 367% above median its 10-year median of 3.03 and 737.9% above the Chemicals industry median of 1.69. Lily Group Co's overall GF Score™ is 60/100 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Lily Group Co (SHSE:603823), the current Cyclically Adjusted PB Ratio is 14.16 as of Aug. 31, 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 Lily Group Co (SHSE:603823) Overvalued in 2026?

Based on GuruFocus' analysis, Lily Group Co stock appears to be overvalued. The current stock price of ¥65.42 is trading 483.6% above its estimated GF Value™ of ¥11.21. GuruFocus considers Lily Group Co to be Significantly Overvalued.

Key valuation signals for SHSE:603823:

  • Cyclically Adjusted PB Ratio: 14.16 (367% above median its 10-year median of 3.03)
  • GF Value™: ¥11.21 vs. price of ¥65.42 (483.6% above fair value)
  • GF Score™: 60/100 with 4 warning signs
  • Industry Position: 737.9% above the Chemicals median (#1066 of 1095)

No single metric tells the full story. See the SHSE:603823 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lily Group Co Business Description

Address No. 1768, Jingwu Road, Qiantang New District, Zhejiang, Hangzhou, CHN, 311228
Lily Group Co Ltd is a chemical manufacturing company. Its products includes pigment for inks, pigment for coatings, pigment for plastics and intermediates. Further it is also involved in import and export trade, investment, and real estate businesses.
60GF Score

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

¥65.42
Price
¥11.21
GF Value