CKISY (CK Infrastructure Holdings) Cyclically Adjusted PB Ratio: 1.32 (As of Aug. 03, 2026) — 20% Above Median

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CKISY CK Infrastructure Holdings Ltd CKISY
66 GF Score
Price $41.64
GF Value $29.68
! 11 Warning Signs
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What is CK Infrastructure Holdings Cyclically Adjusted PB Ratio?

CK Infrastructure Holdings CKISY -1.35% 66 Cyclically Adjusted PB Ratio is 1.32 as of Aug. 03, 2026, which is 20% above its 10-year median of 1.10. GuruFocus rates CKISY with a GF Score™ of 66/100 and a GF Value™ of $29.68. The stock has 11 warning signs investors should review. Among 438 Utilities - Regulated companies, CK Infrastructure Holdings ranks better than 61.64% on this metric.

As of today (2026-08-03), CK Infrastructure Holdings's current share price is $41.6417. CK Infrastructure Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was $31.47. CK Infrastructure Holdings's Cyclically Adjusted PB Ratio for today is 1.32.

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

CKISY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.75   Med: 1.1   Max: 2.33
Current: 1.19

During the past 13 years, CK Infrastructure Holdings's highest Cyclically Adjusted PB Ratio was 2.33. The lowest was 0.75. And the median was 1.10.

CKISY's Cyclically Adjusted PB Ratio is ranked better than
61.64% of 438 companies
in the Utilities - Regulated industry
Industry Median: 1.515 vs CKISY: 1.19

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.

CK Infrastructure Holdings's adjusted book value per share data of for the fiscal year that ended in Dec25 was $35.144. 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 $31.47 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


CK Infrastructure Holdings  (OTCPK:CKISY) 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.


CK Infrastructure Holdings Cyclically Adjusted PB Ratio Related Terms


CK Infrastructure Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for CK Infrastructure Holdings'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.

CK Infrastructure Holdings Cyclically Adjusted PB Ratio Chart

CK Infrastructure Holdings 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 1.08 0.85 0.85 1.12 1.10

CK Infrastructure 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 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 0.85 0.00 1.12 0.00 1.10

CKISY vs NEE, SO, DUK: Cyclically Adjusted PB Ratio Comparison

For the Utilities - Regulated Electric subindustry, CK Infrastructure 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.


CK Infrastructure Holdings Cyclically Adjusted PB Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, CK Infrastructure Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


CKISY
66GF Score
CK Infrastructure Holdings Ltd CKISY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CK Infrastructure Holdings 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.

CK Infrastructure Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=41.6417/31.47
=1.32

* 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.

CK Infrastructure Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, CK Infrastructure Holdings'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)
=35.144/120.7036*120.7036
=35.144

Current CPI (Dec25) = 120.7036.

CK Infrastructure Holdings Annual Data

Book Value per Share CPI Adj_Book
201612 25.808 103.225 30.178
201712 28.532 104.984 32.804
201812 29.400 107.622 32.974
201912 30.527 110.700 33.286
202012 32.292 109.711 35.528
202112 31.989 112.349 34.368
202212 32.952 114.548 34.723
202312 33.840 117.296 34.823
202412 33.484 118.945 33.979
202512 35.144 120.704 35.144

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 1.32 mean?
CK Infrastructure Holdings (CKISY) has a Cyclically Adjusted PB Ratio of 1.32 as of Aug. 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 CK Infrastructure Holdings and its competitors. This is 20% above median its historical median of 1.10. Over the past decade, CK Infrastructure Holdings' Cyclically Adjusted PB Ratio has ranged from 0.75 to 2.33. According to the industry distribution chart, CK Infrastructure Holdings ranks #168 out of 438 companies in the Utilities - Regulated industry, placing it in the top 38.4%.
Is CK Infrastructure Holdings' Cyclically Adjusted PB Ratio too high?
CK Infrastructure Holdings' current Cyclically Adjusted PB Ratio of 1.32 is 20% above median its 10-year median of 1.10. Over the past 10 years, this metric has ranged from a low of 0.75 to a high of 2.33. The Utilities - Regulated industry median Cyclically Adjusted PB Ratio is 1.52. CK Infrastructure Holdings' value of 1.32 is 12.9% below this industry median. Based on the distribution chart, CK Infrastructure Holdings ranks #168 out of 438 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, CK Infrastructure Holdings has a GF Score™ of 66/100, reflecting its overall financial health beyond just this single metric.
How does CK Infrastructure Holdings' Cyclically Adjusted PB Ratio compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, CK Infrastructure Holdings ranks #168 out of 438 companies for Cyclically Adjusted PB Ratio. This puts CK Infrastructure Holdings in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.52. CK Infrastructure Holdings' value of 1.32 is 12.9% below this benchmark. Historically, CK Infrastructure Holdings' own Cyclically Adjusted PB Ratio has ranged from 0.75 to 2.33 over the past decade. While the company's 10-year median is 1.10 vs. the industry median of 1.52, CK Infrastructure Holdings 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 an Utilities - Regulated company?
The median Cyclically Adjusted PB Ratio among Utilities - Regulated companies is 1.52, based on 438 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. CK Infrastructure Holdings's current Cyclically Adjusted PB Ratio of 1.32 is 12.9% 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 CK Infrastructure Holdings and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PB Ratio is 1.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CK Infrastructure Holdings's current Cyclically Adjusted PB Ratio is 1.32, which is 20% above median its own 10-year median of 1.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CK Infrastructure Holdings stock overvalued right now?
CK Infrastructure Holdings (CKISY) has a current Cyclically Adjusted PB Ratio of 1.32. The stock's GF Value™ is $29.68, compared to a current price of $41.64 — trading 40.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.32, which is 20% above median its 10-year median of 1.10 and 12.9% below the Utilities - Regulated industry median of 1.52. CK Infrastructure Holdings' overall GF Score™ is 66/100 with 11 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 CK Infrastructure Holdings (CKISY), the current Cyclically Adjusted PB Ratio is 1.32 as of Aug. 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 CK Infrastructure Holdings (CKISY) Overvalued in 2026?

Based on GuruFocus' analysis, CK Infrastructure Holdings stock appears to be overvalued. The current stock price of $41.64 is trading 40.3% above its estimated GF Value™ of $29.68.

Key valuation signals for CKISY:

  • Cyclically Adjusted PB Ratio: 1.32 (20% above median its 10-year median of 1.10)
  • GF Value™: $29.68 vs. price of $41.64 (40.3% above fair value)
  • GF Score™: 66/100 with 11 warning signs
  • Industry Position: 12.9% below the Utilities - Regulated median (#168 of 438)

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


CK Infrastructure Holdings Business Description

Address 2 Queen\'s Road Central, 12th Floor, Cheung Kong Center, Hong Kong, HKG
CK Infrastructure Holdings, or CKI, is a Hong Kong-headquartered global infrastructure investment company. It is part of the CK Hutchison group of companies, holding the bulk of the group's infrastructure investments. Its portfolio primarily comprises regulated utilities and, to a lesser extent, contracted infrastructure businesses across the UK, Australia, Hong Kong, Europe, Canada, and New Zealand. The UK and Australia combined made up more than 70% of CKI's net profit in 2024. The company also owns infrastructure materials businesses in Hong Kong and mainland China, producing cement, concrete, asphalt, and aggregates. In 2024, CKI added a listing on the London Stock Exchange to its main Hong Kong listing.
66GF Score

Get the complete analysis for CKISY

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

$41.64
Price
$29.68
GF Value