SLNLF (Stella International Holdings) Cyclically Adjusted Book per Share: $0.60 (As of Dec. 2025)


SLNLF Stella International Holdings Ltd SLNLF
81 GF Score
Price $1.41
GF Value $1.56
! 4 Warning Signs
View Full Analysis

What is Stella International Holdings Cyclically Adjusted Book per Share?

Stella International Holdings SLNLF 81 Cyclically Adjusted Book per Share is $0.60 as of Dec. 2025. GuruFocus rates SLNLF with a GF Score™ of 81/100 and a GF Value™ of $1.56. The stock has 4 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Stella International Holdings's adjusted book value per share data for the fiscal year that ended in Dec. 2025 was $1.308. 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 $0.60 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Stella International Holdings's average Cyclically Adjusted Book Growth Rate was 0.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 0.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 0.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 1.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Stella International Holdings was 2.90% per year. The lowest was -0.10% per year. And the median was 0.90% per year.

As of today (2026-06-25), Stella International Holdings's current stock price is $ 1.41. Stella International Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec. 2025 was $0.60. Stella International Holdings's Cyclically Adjusted PB Ratio of today is 2.35.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Stella International Holdings was 1.83. The lowest was 0.69. And the median was 1.07.


Stella International Holdings  (OTCPK:SLNLF) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Stella International Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.41/0.60
=2.35

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Stella International Holdings was 1.83. The lowest was 0.69. And the median was 1.07.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Stella International Holdings Cyclically Adjusted Book per Share Related Terms


Stella International Holdings Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Stella International Holdings's Cyclically Adjusted Book per Share 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.

Stella International Holdings Cyclically Adjusted Book per Share Chart

Stella International Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.92 1.18 0.96 0.54 0.60

Stella International Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Cyclically Adjusted Book per Share 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 0.96 0.00 0.54 0.00 0.60

SLNLF vs NKE, DECK, ONON: Cyclically Adjusted Book per Share Comparison

For the Footwear & Accessories subindustry, Stella International Holdings'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.


Stella International Holdings Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Stella International Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Stella International Holdings's Cyclically Adjusted PB Ratio falls into.


SLNLF
81GF Score
Stella International Holdings Ltd SLNLF
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Stella International Holdings Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Stella International Holdings's adjusted Book Value per Share data for the fiscal year that ended in Dec. 2025 was:

Adj_Book=Book Value per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=1.308/120.7036*120.7036
=1.308

Current CPI (Dec. 2025) = 120.7036.

Stella International Holdings Annual Data

Book Value per Share CPI Adj_Book
201612 1.232 103.225 1.441
201712 1.223 104.984 1.406
201812 1.200 107.622 1.346
201912 1.207 110.700 1.316
202012 1.163 109.711 1.280
202112 1.258 112.349 1.352
202212 1.258 114.548 1.326
202312 1.325 117.296 1.363
202412 1.340 118.945 1.360
202512 1.308 120.704 1.308

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

What does a Cyclically Adjusted Book per Share of $0.60 mean?
Stella International Holdings (SLNLF) has a Cyclically Adjusted Book per Share of $0.60 as of Dec. 2025. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Stella International Holdings and its competitors.
Is Stella International Holdings' Cyclically Adjusted Book per Share too high?
Stella International Holdings' current Cyclically Adjusted Book per Share is $0.60. Overall, Stella International Holdings has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does Stella International Holdings' Cyclically Adjusted Book per Share compare to NKE and DECK?
Stella International Holdings' Cyclically Adjusted Book per Share of $0.60 can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Manufacturing - Apparel & Accessories company?
A good Cyclically Adjusted Book per Share depends on the Manufacturing - Apparel & Accessories industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Stella International Holdings and its competitors. Stella International Holdings's current Cyclically Adjusted Book per Share is $0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stella International Holdings stock overvalued right now?
Stella International Holdings (SLNLF) has a current Cyclically Adjusted Book per Share of $0.60. The stock's GF Value™ is $1.56, compared to a current price of $1.41 — trading 9.6% below its estimated fair value. The current Cyclically Adjusted Book per Share is $0.60. Stella International Holdings' overall GF Score™ is 81/100 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 Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Stella International Holdings (SLNLF), the current Cyclically Adjusted Book per Share is $0.60 as of Dec. 2025. 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 Stella International Holdings (SLNLF) Overvalued in 2026?

Based on GuruFocus' analysis, Stella International Holdings stock appears to be undervalued. The current stock price of $1.41 is trading 9.6% below its estimated GF Value™ of $1.56.

Key valuation signals for SLNLF:

  • Cyclically Adjusted Book per Share: $0.60
  • GF Value™: $1.56 vs. price of $1.41 (9.6% below fair value)
  • GF Score™: 81/100 with 4 warning signs

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


Stella International Holdings Business Description

Other Exchanges 01836:Hong Kong31S:Germany
Address 133 Hoi Bun Road, Flat C, 20th Floor, MG Tower, Kowloon, HKG
Stella International Holdings Ltd, along with its subsidiaries, designs and manufactures footwear and leather goods, which are sold to consumers under its brand names. Stella's clients include many of the world's top casual footwear companies as well as several prominent fashion and high-fashion companies and brands. It operates in two reportable segments: Manufacturing, and Retailing and Wholesaling. The Manufacturing segment, which generates the maximum revenue, engages in the sale and manufacture of footwear and handbags. The Retailing and Wholesaling segment engages in the sale of products of self-developed brands. Geographically, the Group generates maximum revenue from North America, and the rest from Europe, PRC, Asia (excluding PRC), and other countries.
81GF Score

Get the complete analysis for SLNLF

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

$1.41
Price
$1.56
GF Value