CNIVF (Carmen Century Investment) Cyclically Adjusted PB Ratio: 0.28 (As of Sep. 04, 2026) — 97% Below Median

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CNIVF Carmen Century Investment Ltd CNIVF
34 GF Score
Price $0.45
! 1 Warning Sign
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What is Carmen Century Investment Cyclically Adjusted PB Ratio?

Carmen Century Investment CNIVF 34 Cyclically Adjusted PB Ratio is 0.28 as of Sep. 04, 2026, which is 97% below its 10-year median of 8.42. GuruFocus rates CNIVF with a GF Score™ of 34/100. The stock has 1 warning sign investors should review.

As of today (2026-09-04), Carmen Century Investment's current share price is $0.445. Carmen Century Investment's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 was $1.60. Carmen Century Investment's Cyclically Adjusted PB Ratio for today is 0.28.

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

CNIVF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.23   Med: 8.42   Max: 85.48
Current: 0.75

During the past 13 years, Carmen Century Investment's highest Cyclically Adjusted PB Ratio was 85.48. The lowest was 0.23. And the median was 8.42.

CNIVF's Cyclically Adjusted PB Ratio is not ranked
in the Asset Management industry.
Industry Median: 0.85 vs CNIVF: 0.75

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.

Carmen Century Investment's adjusted book value per share data of for the fiscal year that ended in Dec24 was $0.041. 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 $1.60 for the trailing ten years ended in Dec24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Carmen Century Investment  (OTCPK:CNIVF) 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.


Carmen Century Investment Cyclically Adjusted PB Ratio Related Terms


Carmen Century Investment Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Carmen Century Investment'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.

Carmen Century Investment Cyclically Adjusted PB Ratio Chart

Carmen Century Investment Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.06 9.90 8.84 3.95 0.27

Carmen Century Investment Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 3.95 0.00 0.27 0.00

CNIVF vs BLK, BX, KKR: Cyclically Adjusted PB Ratio Comparison

For the Asset Management subindustry, Carmen Century Investment'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.


Carmen Century Investment Cyclically Adjusted PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Carmen Century Investment's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Carmen Century Investment's Cyclically Adjusted PB Ratio falls into.


CNIVF
34GF Score
Carmen Century Investment Ltd CNIVF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Carmen Century Investment 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.

Carmen Century Investment's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.445/1.60
=0.28

* 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.

Carmen Century Investment's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 is calculated as:

For example, Carmen Century Investment's adjusted Book Value per Share data for the fiscal year that ended in Dec24 was:

Adj_Book=Book Value per Share/CPI of Dec24 (Change)*Current CPI (Dec24)
=0.041/118.9447*118.9447
=0.041

Current CPI (Dec24) = 118.9447.

Carmen Century Investment Annual Data

Book Value per Share CPI Adj_Book
201512 0.028 102.015 0.033
201612 0.009 103.225 0.010
201712 0.005 104.984 0.006
201812 0.038 107.622 0.042
201912 0.009 110.700 0.010
202012 0.108 109.711 0.117
202112 0.121 112.349 0.128
202212 0.099 114.548 0.103
202312 0.081 117.296 0.082
202412 0.041 118.945 0.041

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 0.28 mean?
Carmen Century Investment (CNIVF) has a Cyclically Adjusted PB Ratio of 0.28 as of Sep. 04, 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 Carmen Century Investment and its competitors. This is 97% below median its historical median of 8.42. Over the past decade, Carmen Century Investment's Cyclically Adjusted PB Ratio has ranged from 0.23 to 85.48.
Is Carmen Century Investment's Cyclically Adjusted PB Ratio too high?
Carmen Century Investment's current Cyclically Adjusted PB Ratio of 0.28 is 97% below median its 10-year median of 8.42. Over the past 10 years, this metric has ranged from a low of 0.23 to a high of 85.48. The Asset Management industry median Cyclically Adjusted PB Ratio is 0.85. Carmen Century Investment's value of 0.28 is 67.1% below this industry median. Overall, Carmen Century Investment has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Carmen Century Investment's Cyclically Adjusted PB Ratio compare to BLK and BX?
Carmen Century Investment's Cyclically Adjusted PB Ratio of 0.28 can be compared against companies in the Asset Management industry. The industry median Cyclically Adjusted PB Ratio is 0.85. Carmen Century Investment's value of 0.28 is 67.1% below this benchmark. Historically, Carmen Century Investment's own Cyclically Adjusted PB Ratio has ranged from 0.23 to 85.48 over the past decade. While the company's 10-year median is 8.42 vs. the industry median of 0.85, Carmen Century Investment 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 Asset Management company?
The median Cyclically Adjusted PB Ratio among Asset Management companies is 0.85, based on 972 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. Carmen Century Investment's current Cyclically Adjusted PB Ratio of 0.28 is 67.1% 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 Carmen Century Investment and its competitors. For the Asset Management industry, the median Cyclically Adjusted PB Ratio is 0.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carmen Century Investment's current Cyclically Adjusted PB Ratio is 0.28, which is 97% below median its own 10-year median of 8.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carmen Century Investment stock overvalued right now?
Carmen Century Investment (CNIVF) has a current Cyclically Adjusted PB Ratio of 0.28. The current Cyclically Adjusted PB Ratio is 0.28, which is 97% below median its 10-year median of 8.42 and 67.1% below the Asset Management industry median of 0.85. Carmen Century Investment's overall GF Score™ is 34/100 with 1 warning sign 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 Carmen Century Investment (CNIVF), the current Cyclically Adjusted PB Ratio is 0.28 as of Sep. 04, 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.

Carmen Century Investment Business Description

Address 1 Austin Road West, Unit 6602-03, Level 66, International Commerce Centre, Kowloon, Hong Kong, HKG
Carmen Century Investment Ltd Formerly Ding Yi Feng Holdings Group International Ltd is engaged in providing financial services in Hong Kong. The principal activities of the Company and its subsidiaries are investing in listed and unlisted securities. Its operations are held in two geographical segments, namely, Hong Kong, which derives maximum revenue, and the People's Republic of China. The group earns its revenue in the form of interest income and dividend income from financial assets.
34GF Score

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

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