APPCF (APAC Resources) Cyclically Adjusted PB Ratio: 0.43 (As of Jul. 03, 2026) — 43% Above Median


APPCF APAC Resources Ltd APPCF
39 GF Score
Price $0.19
GF Value $0.18
Valuation Fairly Valued
! 7 Warning Signs
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What is APAC Resources Cyclically Adjusted PB Ratio?

APAC Resources APPCF 39 Cyclically Adjusted PB Ratio is 0.43 as of Jul. 03, 2026, which is 43% above its 10-year median of 0.30. GuruFocus rates APPCF with a GF Score™ of 39/100 and a GF Value™ of $0.18 (Fairly Valued). The stock has 7 warning signs investors should review. Among 640 Capital Markets companies, APAC Resources ranks better than 80.47% on this metric.

As of today (2026-07-03), APAC Resources's current share price is $0.18893. APAC Resources's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun25 was $0.44. APAC Resources's Cyclically Adjusted PB Ratio for today is 0.43.

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

APPCF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.3   Max: 1.08
Current: 0.47

During the past 13 years, APAC Resources's highest Cyclically Adjusted PB Ratio was 1.08. The lowest was 0.19. And the median was 0.30.

APPCF's Cyclically Adjusted PB Ratio is ranked better than
80.47% of 640 companies
in the Capital Markets industry
Industry Median: 1.295 vs APPCF: 0.47

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.

APAC Resources's adjusted book value per share data of for the fiscal year that ended in Jun25 was $0.364. 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 $0.44 for the trailing ten years ended in Jun25.

Shiller PE for Stocks: The True Measure of Stock Valuation


APAC Resources  (OTCPK:APPCF) 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.


APAC Resources Cyclically Adjusted PB Ratio Related Terms


APAC Resources Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for APAC Resources'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.

APAC Resources Cyclically Adjusted PB Ratio Chart

APAC Resources Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.35 0.36 0.31 0.31 0.37

APAC Resources 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 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 0.31 0.00 0.37 0.00

APPCF vs MS, GS, SCHW: Cyclically Adjusted PB Ratio Comparison

For the Capital Markets subindustry, APAC Resources'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.


APAC Resources Cyclically Adjusted PB Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, APAC Resources's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where APAC Resources's Cyclically Adjusted PB Ratio falls into.


APPCF
39GF Score
APAC Resources Ltd APPCF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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APAC Resources 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.

APAC Resources's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.18893/0.44
=0.43

* 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.

APAC Resources's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun25 is calculated as:

For example, APAC Resources's adjusted Book Value per Share data for the fiscal year that ended in Jun25 was:

Adj_Book=Book Value per Share/CPI of Jun25 (Change)*Current CPI (Jun25)
=0.364/119.0546*119.0546
=0.364

Current CPI (Jun25) = 119.0546.

APAC Resources Annual Data

Book Value per Share CPI Adj_Book
201606 0.300 101.686 0.351
201706 0.391 103.664 0.449
201806 0.474 106.193 0.531
201906 0.421 109.601 0.457
202006 0.364 110.590 0.392
202106 0.510 111.360 0.545
202206 0.396 113.448 0.416
202306 0.347 115.647 0.357
202406 0.363 117.296 0.368
202506 0.364 119.055 0.364

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 0.43 mean?
APAC Resources (APPCF) has a Cyclically Adjusted PB Ratio of 0.43 as of Jul. 03, 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 APAC Resources and its competitors. This is 43% above median its historical median of 0.30. Over the past decade, APAC Resources' Cyclically Adjusted PB Ratio has ranged from 0.19 to 1.08. According to the industry distribution chart, APAC Resources ranks #125 out of 640 companies in the Capital Markets industry, placing it in the top 19.5%.
Is APAC Resources' Cyclically Adjusted PB Ratio too high?
APAC Resources' current Cyclically Adjusted PB Ratio of 0.43 is 43% above median its 10-year median of 0.30. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 1.08. The Capital Markets industry median Cyclically Adjusted PB Ratio is 1.30. APAC Resources' value of 0.43 is 66.8% below this industry median. Based on the distribution chart, APAC Resources ranks #125 out of 640 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, APAC Resources has a GF Score™ of 39/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does APAC Resources' Cyclically Adjusted PB Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, APAC Resources ranks #125 out of 640 companies for Cyclically Adjusted PB Ratio. This places APAC Resources in the top 20% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.30. APAC Resources' value of 0.43 is 66.8% below this benchmark. Historically, APAC Resources' own Cyclically Adjusted PB Ratio has ranged from 0.19 to 1.08 over the past decade. While the company's 10-year median is 0.30 vs. the industry median of 1.30, APAC Resources has consistently been below 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 Capital Markets company?
The median Cyclically Adjusted PB Ratio among Capital Markets companies is 1.30, based on 640 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. APAC Resources's current Cyclically Adjusted PB Ratio of 0.43 is 66.8% below 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 APAC Resources and its competitors. For the Capital Markets industry, the median Cyclically Adjusted PB Ratio is 1.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. APAC Resources's current Cyclically Adjusted PB Ratio is 0.43, which is 43% above median its own 10-year median of 0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is APAC Resources stock overvalued right now?
Based on GuruFocus' analysis, APAC Resources (APPCF) is currently considered Fairly Valued. The stock's GF Value™ is $0.18, compared to a current price of $0.19 — trading 5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.43, which is 43% above median its 10-year median of 0.30 and 66.8% below the Capital Markets industry median of 1.30. APAC Resources' overall GF Score™ is 39/100 with 7 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 APAC Resources (APPCF), the current Cyclically Adjusted PB Ratio is 0.43 as of Jul. 03, 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 APAC Resources (APPCF) Overvalued in 2026?

Based on GuruFocus' analysis, APAC Resources stock appears to be overvalued. The current stock price of $0.19 is trading 5% above its estimated GF Value™ of $0.18. GuruFocus considers APAC Resources to be Fairly Valued.

Key valuation signals for APPCF:

  • Cyclically Adjusted PB Ratio: 0.43 (43% above median its 10-year median of 0.30)
  • GF Value™: $0.18 vs. price of $0.19 (5% above fair value)
  • GF Score™: 39/100 with 7 warning signs
  • Industry Position: 66.8% below the Capital Markets median (#125 of 640)

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


APAC Resources Business Description

Other Exchanges 01104:Hong KongFZV:Germany
Address 138 Gloucester Road, Allied Kajima Building, Wanchai, Room 2304, 23rd Floor, Hong Kong, HKG
APAC Resources Ltd is an investment holding company principally engaged in the commodity trading business and resource investment business. The company operates through three business segments, namely Commodity Business, which includes trading of commodities; Resource investment, which is engaged in the trading of and investment in listed and unlisted securities; and Principal investment and financial services, which engages in the provision of loan financing and investments in loan notes, convertible notes, and other financial assets. The company generates maximum revenue from the Commodity Business segment. It operates in Hong Kong, the PRC, Australia, and the Philippines, with the majority of its revenue coming from the PRC.
39GF Score

Get the complete analysis for APPCF

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

$0.19
Price
$0.18
GF Value