Shandong Cvicse Middleware Co (SHSE:688695) Cyclically Adjusted PB Ratio: 4.24 (As of Sep. 08, 2026) — 41% Below Median

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SHSE:688695 Shandong Cvicse Middleware Co Ltd SHSE:688695
39 GF Score
Price ¥19.44
! 5 Warning Signs
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What is Shandong Cvicse Middleware Co Cyclically Adjusted PB Ratio?

Shandong Cvicse Middleware Co SHSE:688695 -1.22% 39 Cyclically Adjusted PB Ratio is 4.24 as of Sep. 08, 2026, which is 41% below its 10-year median of 7.21. GuruFocus rates SHSE:688695 with a GF Score™ of 39/100. The stock has 5 warning signs investors should review. Among 1,466 Software companies, Shandong Cvicse Middleware Co ranks worse than 69.99% on this metric.

As of today (2026-09-08), Shandong Cvicse Middleware Co's current share price is ¥19.44. Shandong Cvicse Middleware Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was ¥4.58. Shandong Cvicse Middleware Co's Cyclically Adjusted PB Ratio for today is 4.24.

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

SHSE:688695' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.37   Med: 7.21   Max: 13.58
Current: 4.37

During the past 13 years, Shandong Cvicse Middleware Co's highest Cyclically Adjusted PB Ratio was 13.58. The lowest was 4.37. And the median was 7.21.

SHSE:688695's Cyclically Adjusted PB Ratio is ranked worse than
69.99% of 1466 companies
in the Software industry
Industry Median: 2.375 vs SHSE:688695: 4.37

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.

Shandong Cvicse Middleware Co's adjusted book value per share data of for the fiscal year that ended in Dec25 was ¥9.074. 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 ¥4.58 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shandong Cvicse Middleware Co  (SHSE:688695) 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.


Shandong Cvicse Middleware Co Cyclically Adjusted PB Ratio Related Terms


Shandong Cvicse Middleware Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Shandong Cvicse Middleware 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.

Shandong Cvicse Middleware Co Cyclically Adjusted PB Ratio Chart

Shandong Cvicse Middleware 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 7.75 5.98

Shandong Cvicse Middleware Co Quarterly Data
Dec19 Dec20 Dec21 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 5.98 0.00 0.00

SHSE:688695 vs CRM, SHOP, UBER: Cyclically Adjusted PB Ratio Comparison

For the Software - Application subindustry, Shandong Cvicse Middleware 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.


Shandong Cvicse Middleware Co Cyclically Adjusted PB Ratio vs Software Industry

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

* The bar in red indicates where Shandong Cvicse Middleware Co's Cyclically Adjusted PB Ratio falls into.


SHSE:688695
39GF Score
Shandong Cvicse Middleware Co Ltd SHSE:688695
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Shandong Cvicse Middleware 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.

Shandong Cvicse Middleware Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=19.44/4.58
=4.24

* 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.

Shandong Cvicse Middleware Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Shandong Cvicse Middleware Co's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=9.074/115.8323*115.8323
=9.074

Current CPI (Dec25) = 115.8323.

Shandong Cvicse Middleware Co Annual Data

Book Value per Share CPI Adj_Book
201612 2.696 102.600 3.044
201712 2.890 104.500 3.203
201812 3.202 106.500 3.483
201912 1.111 111.200 1.157
202012 1.822 111.500 1.893
202112 4.431 113.108 4.538
202212 5.124 115.116 5.156
202312 4.628 114.781 4.670
202412 9.539 114.893 9.617
202512 9.074 115.832 9.074

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 4.24 mean?
Shandong Cvicse Middleware Co (SHSE:688695) has a Cyclically Adjusted PB Ratio of 4.24 as of Sep. 08, 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 Shandong Cvicse Middleware Co and its competitors. This is 41% below median its historical median of 7.21. Over the past decade, Shandong Cvicse Middleware Co's Cyclically Adjusted PB Ratio has ranged from 4.37 to 13.58. According to the industry distribution chart, Shandong Cvicse Middleware Co ranks #1026 out of 1466 companies in the Software industry, placing it in the top 70%.
Is Shandong Cvicse Middleware Co's Cyclically Adjusted PB Ratio too high?
Shandong Cvicse Middleware Co's current Cyclically Adjusted PB Ratio of 4.24 is 41% below median its 10-year median of 7.21. Over the past 10 years, this metric has ranged from a low of 4.37 to a high of 13.58. The Software industry median Cyclically Adjusted PB Ratio is 2.38. Shandong Cvicse Middleware Co's value of 4.24 is 78.5% above this industry median. Based on the distribution chart, Shandong Cvicse Middleware Co ranks #1026 out of 1466 companies in the Software industry, which is below the industry midpoint. Overall, Shandong Cvicse Middleware Co has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Shandong Cvicse Middleware Co's Cyclically Adjusted PB Ratio compare to CRM and SHOP?
According to the Software industry distribution chart, Shandong Cvicse Middleware Co ranks #1026 out of 1466 companies for Cyclically Adjusted PB Ratio. This places Shandong Cvicse Middleware Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.38. Shandong Cvicse Middleware Co's value of 4.24 is 78.5% above this benchmark. Historically, Shandong Cvicse Middleware Co's own Cyclically Adjusted PB Ratio has ranged from 4.37 to 13.58 over the past decade. While the company's 10-year median is 7.21 vs. the industry median of 2.38, Shandong Cvicse Middleware 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 2.38, based on 1,466 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. Shandong Cvicse Middleware Co's current Cyclically Adjusted PB Ratio of 4.24 is 78.5% 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 Shandong Cvicse Middleware Co and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shandong Cvicse Middleware Co's current Cyclically Adjusted PB Ratio is 4.24, which is 41% below median its own 10-year median of 7.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shandong Cvicse Middleware Co stock overvalued right now?
Shandong Cvicse Middleware Co (SHSE:688695) has a current Cyclically Adjusted PB Ratio of 4.24. The current Cyclically Adjusted PB Ratio is 4.24, which is 41% below median its 10-year median of 7.21 and 78.5% above the Software industry median of 2.38. Shandong Cvicse Middleware Co's overall GF Score™ is 39/100 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Shandong Cvicse Middleware Co (SHSE:688695), the current Cyclically Adjusted PB Ratio is 4.24 as of Sep. 08, 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.

Shandong Cvicse Middleware Co Business Description

Address Qianfoshan East Road, No. 41-1, Lixia District, Shandong Province, Jinan, CHN, 250014
Shandong Cvicse Middleware Co Ltd is engaged in research and development and sales of middleware software and provision of related technical services.
39GF Score

Get the complete analysis for SHSE:688695

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

¥19.44
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