Belton Holding (CAI:BTFH) Cyclically Adjusted PB Ratio: 1.84 (As of Aug. 22, 2026) — Near Median

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CAI:BTFH Belton Holding CAI:BTFH
55 GF Score
Price E£2.98
GF Value E£2.46
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Belton Holding Cyclically Adjusted PB Ratio?

Belton Holding CAI:BTFH -1.00% 55 Cyclically Adjusted PB Ratio is 1.84 as of Aug. 22, 2026, which is 3% below its 10-year median of 1.89. GuruFocus rates CAI:BTFH with a GF Score™ of 55/100 and a GF Value™ of E£2.46 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 566 Capital Markets companies, Belton Holding ranks worse than 61.48% on this metric.

As of today (2026-08-22), Belton Holding's current share price is E£2.98. Belton Holding's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was E£1.62. Belton Holding's Cyclically Adjusted PB Ratio for today is 1.84.

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

CAI:BTFH' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.33   Med: 1.89   Max: 2.41
Current: 1.9

During the past years, Belton Holding's highest Cyclically Adjusted PB Ratio was 2.41. The lowest was 1.33. And the median was 1.89.

CAI:BTFH's Cyclically Adjusted PB Ratio is ranked worse than
61.48% of 566 companies
in the Capital Markets industry
Industry Median: 1.305 vs CAI:BTFH: 1.90

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.

Belton Holding's adjusted book value per share data for the three months ended in Mar. 2026 was E£2.278. 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 E£1.62 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Belton Holding  (CAI:BTFH) 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.


Belton Holding Cyclically Adjusted PB Ratio Related Terms


Belton Holding Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Belton Holding'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.

Belton Holding Cyclically Adjusted PB Ratio Chart

Belton Holding 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 1.50 2.16

Belton Holding Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.37 2.40 1.99 2.16 1.73

CAI:BTFH vs MS, GS, SCHW: Cyclically Adjusted PB Ratio Comparison

For the Capital Markets subindustry, Belton Holding'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.


Belton Holding Cyclically Adjusted PB Ratio vs Capital Markets Industry

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

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


CAI:BTFH
55GF Score
Belton Holding CAI:BTFH
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Belton Holding 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.

Belton Holding's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.98/1.62
=1.84

* 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.

Belton Holding's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Belton Holding's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=2.278/330.2130*330.2130
=2.278

Current CPI (Mar. 2026) = 330.2130.

Belton Holding Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.412 241.018 1.935
201609 1.408 241.428 1.926
201612 1.806 241.432 2.470
201703 1.753 243.801 2.374
201706 1.827 244.955 2.463
201709 1.753 246.819 2.345
201712 1.211 246.524 1.622
201803 1.822 249.554 2.411
201806 1.792 251.989 2.348
201809 1.657 252.439 2.168
201812 0.834 251.233 1.096
201903 0.763 254.202 0.991
201906 0.651 256.143 0.839
201909 0.000 256.759 0.000
201912 0.525 256.974 0.675
202003 3.373 258.115 4.315
202006 1.273 257.797 1.631
202009 1.222 260.280 1.550
202012 1.077 260.474 1.365
202103 1.083 264.877 1.350
202106 1.091 271.696 1.326
202109 0.654 274.310 0.787
202112 0.739 278.802 0.875
202203 0.751 287.504 0.863
202206 0.520 296.311 0.579
202209 -1.361 296.808 -1.514
202212 0.240 296.797 0.267
202303 0.155 301.836 0.170
202306 -0.019 305.109 -0.021
202309 1.637 307.789 1.756
202312 1.686 306.746 1.815
202403 1.768 312.332 1.869
202406 1.807 314.175 1.899
202409 1.860 315.301 1.948
202412 1.999 315.605 2.092
202503 3.722 319.799 3.843
202506 2.147 322.561 2.198
202509 2.174 324.800 2.210
202512 2.170 324.054 2.211
202603 2.278 330.213 2.278

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 1.84 mean?
Belton Holding (CAI:BTFH) has a Cyclically Adjusted PB Ratio of 1.84 as of Aug. 22, 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 Belton Holding and its competitors. This is near median its historical median of 1.89. Over the past decade, Belton Holding's Cyclically Adjusted PB Ratio has ranged from 1.33 to 2.41. According to the industry distribution chart, Belton Holding ranks #348 out of 566 companies in the Capital Markets industry, placing it in the top 61.5%.
Is Belton Holding's Cyclically Adjusted PB Ratio too high?
Belton Holding's current Cyclically Adjusted PB Ratio of 1.84 is near median its 10-year median of 1.89. Over the past 10 years, this metric has ranged from a low of 1.33 to a high of 2.41. The Capital Markets industry median Cyclically Adjusted PB Ratio is 1.31. Belton Holding's value of 1.84 is 41% above this industry median. Based on the distribution chart, Belton Holding ranks #348 out of 566 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Belton Holding has a GF Score™ of 55/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Belton Holding's Cyclically Adjusted PB Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, Belton Holding ranks #348 out of 566 companies for Cyclically Adjusted PB Ratio. This places Belton Holding in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.31. Belton Holding's value of 1.84 is 41% above this benchmark. Historically, Belton Holding's own Cyclically Adjusted PB Ratio has ranged from 1.33 to 2.41 over the past decade. While the company's 10-year median is 1.89 vs. the industry median of 1.31, Belton Holding 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 Capital Markets company?
The median Cyclically Adjusted PB Ratio among Capital Markets companies is 1.31, based on 566 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. Belton Holding's current Cyclically Adjusted PB Ratio of 1.84 is 41% 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 Belton Holding and its competitors. For the Capital Markets industry, the median Cyclically Adjusted PB Ratio is 1.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Belton Holding's current Cyclically Adjusted PB Ratio is 1.84, which is near median its own 10-year median of 1.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Belton Holding stock overvalued right now?
Based on GuruFocus' analysis, Belton Holding (CAI:BTFH) is currently considered Modestly Overvalued. The stock's GF Value™ is E£2.46, compared to a current price of E£2.98 — trading 21.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.84, which is near median its 10-year median of 1.89 and 41% above the Capital Markets industry median of 1.31. Belton Holding's overall GF Score™ is 55/100 with 8 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 Belton Holding (CAI:BTFH), the current Cyclically Adjusted PB Ratio is 1.84 as of Aug. 22, 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 Belton Holding (CAI:BTFH) Overvalued in 2026?

Based on GuruFocus' analysis, Belton Holding stock appears to be overvalued. The current stock price of E£2.98 is trading 21.1% above its estimated GF Value™ of E£2.46. GuruFocus considers Belton Holding to be Modestly Overvalued.

Key valuation signals for CAI:BTFH:

  • Cyclically Adjusted PB Ratio: 1.84 (near median its 10-year median of 1.89)
  • GF Value™: E£2.46 vs. price of E£2.98 (21.1% above fair value)
  • GF Score™: 55/100 with 8 warning signs
  • Industry Position: 41% above the Capital Markets median (#348 of 566)

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


Belton Holding Business Description

Address Road 90 South, Sodic Eastown, Building 1, Cairo, EGY, 11865
Belton Holding is a financial services provider. The Company offers financial solutions such as brokerage, investment banking, asset management, equity research, in addition to end-to-end non-banking financial institutions (NBFIs) including private equity & direct investments, leasing, factoring, consumer finance, venture capital, mortgage finance, Agriculture, SMEs, Real estate brokerage and marketing, and microfinance. Its segments include: Holding; Investment Banking; Assets Management; Brokerage & Custody; NBFIs; and Others.
55GF Score

Get the complete analysis for CAI:BTFH

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

E£2.98
Price
E£2.46
GF Value