CLPHF (CLP Holdings) Cyclically Adjusted PB Ratio: 1.55 (As of Jul. 12, 2026) — 10% Below Median


CLPHF CLP Holdings Ltd CLPHF
71 GF Score
Price $9.28
GF Value $8.09
Valuation Modestly Overvalued
! 9 Warning Signs
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What is CLP Holdings Cyclically Adjusted PB Ratio?

CLP Holdings CLPHF 71 Cyclically Adjusted PB Ratio is 1.55 as of Jul. 12, 2026, which is 10% below its 10-year median of 1.72. GuruFocus rates CLPHF with a GF Score™ of 71/100 and a GF Value™ of $8.09 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 440 Utilities - Regulated companies, CLP Holdings ranks worse than 53.86% on this metric.

As of today (2026-07-12), CLP Holdings's current share price is $9.2775. CLP Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was $5.99. CLP Holdings's Cyclically Adjusted PB Ratio for today is 1.55.

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

CLPHF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.16   Med: 1.72   Max: 2.37
Current: 1.62

During the past 13 years, CLP Holdings's highest Cyclically Adjusted PB Ratio was 2.37. The lowest was 1.16. And the median was 1.72.

CLPHF's Cyclically Adjusted PB Ratio is ranked worse than
53.86% of 440 companies
in the Utilities - Regulated industry
Industry Median: 1.52 vs CLPHF: 1.62

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.

CLP Holdings's adjusted book value per share data of for the fiscal year that ended in Dec25 was $5.671. 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 $5.99 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


CLP Holdings  (OTCPK:CLPHF) 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.


CLP Holdings Cyclically Adjusted PB Ratio Related Terms


CLP Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for CLP 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.

CLP Holdings Cyclically Adjusted PB Ratio Chart

CLP 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 1.76 1.25 1.39 1.40 1.47

CLP 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 1.39 0.00 1.40 0.00 1.47

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

For the Utilities - Regulated Electric subindustry, CLP 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.


CLP Holdings Cyclically Adjusted PB Ratio vs Utilities - Regulated Industry

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

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


CLPHF
71GF Score
CLP Holdings Ltd CLPHF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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CLP 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.2775/5.99
=1.55

* 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.

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

For example, CLP 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)
=5.671/120.7036*120.7036
=5.671

Current CPI (Dec25) = 120.7036.

CLP Holdings Annual Data

Book Value per Share CPI Adj_Book
201612 5.296 103.225 6.193
201712 5.800 104.984 6.668
201812 5.813 107.622 6.520
201912 5.545 110.700 6.046
202012 5.927 109.711 6.521
202112 5.934 112.349 6.375
202212 5.561 114.548 5.860
202312 5.383 117.296 5.539
202412 5.298 118.945 5.376
202512 5.671 120.704 5.671

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 1.55 mean?
CLP Holdings (CLPHF) has a Cyclically Adjusted PB Ratio of 1.55 as of Jul. 12, 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 CLP Holdings and its competitors. This is 10% below median its historical median of 1.72. Over the past decade, CLP Holdings' Cyclically Adjusted PB Ratio has ranged from 1.16 to 2.37. According to the industry distribution chart, CLP Holdings ranks #237 out of 440 companies in the Utilities - Regulated industry, placing it in the top 53.9%.
Is CLP Holdings' Cyclically Adjusted PB Ratio too high?
CLP Holdings' current Cyclically Adjusted PB Ratio of 1.55 is 10% below median its 10-year median of 1.72. Over the past 10 years, this metric has ranged from a low of 1.16 to a high of 2.37. The Utilities - Regulated industry median Cyclically Adjusted PB Ratio is 1.52. CLP Holdings' value of 1.55 is 2% above this industry median. Based on the distribution chart, CLP Holdings ranks #237 out of 440 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, CLP Holdings has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CLP Holdings' Cyclically Adjusted PB Ratio compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, CLP Holdings ranks #237 out of 440 companies for Cyclically Adjusted PB Ratio. This places CLP Holdings in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.52. CLP Holdings' value of 1.55 is 2% above this benchmark. Historically, CLP Holdings' own Cyclically Adjusted PB Ratio has ranged from 1.16 to 2.37 over the past decade. While the company's 10-year median is 1.72 vs. the industry median of 1.52, CLP Holdings 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 an Utilities - Regulated company?
The median Cyclically Adjusted PB Ratio among Utilities - Regulated companies is 1.52, based on 440 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. CLP Holdings's current Cyclically Adjusted PB Ratio of 1.55 is 2% 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 CLP 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. CLP Holdings's current Cyclically Adjusted PB Ratio is 1.55, which is 10% below median its own 10-year median of 1.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CLP Holdings stock overvalued right now?
Based on GuruFocus' analysis, CLP Holdings (CLPHF) is currently considered Modestly Overvalued. The stock's GF Value™ is $8.09, compared to a current price of $9.28 — trading 14.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.55, which is 10% below median its 10-year median of 1.72 and 2% above the Utilities - Regulated industry median of 1.52. CLP Holdings' overall GF Score™ is 71/100 with 9 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 CLP Holdings (CLPHF), the current Cyclically Adjusted PB Ratio is 1.55 as of Jul. 12, 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 CLP Holdings (CLPHF) Overvalued in 2026?

Based on GuruFocus' analysis, CLP Holdings stock appears to be overvalued. The current stock price of $9.28 is trading 14.7% above its estimated GF Value™ of $8.09. GuruFocus considers CLP Holdings to be Modestly Overvalued.

Key valuation signals for CLPHF:

  • Cyclically Adjusted PB Ratio: 1.55 (10% below median its 10-year median of 1.72)
  • GF Value™: $8.09 vs. price of $9.28 (14.7% above fair value)
  • GF Score™: 71/100 with 9 warning signs
  • Industry Position: 2% above the Utilities - Regulated median (#237 of 440)

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


CLP Holdings Business Description

Address 43 Shing Kai Road, Kai Tak, Kowloon, Hong Kong, HKG
CLP Holdings is the larger of the two electric utility companies in Hong Kong, serving 80% of the territory's population. It generates, transmits, and distributes electricity to about 2.8 million customer accounts in Kowloon and the New Territories through its wholly owned network. The business is regulated by the Hong Kong government, with a permitted return on net fixed assets of 8% to December 2033. About 70% of group EBITDA is from Hong Kong, its highest-quality business. Besides Hong Kong, the company has expanded overseas, with generation and energy retail assets in Australia and generation assets in China, India, Taiwan, and Southeast Asia.
71GF Score

Get the complete analysis for CLPHF

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

$9.28
Price
$8.09
GF Value