China Travel International Investment Hong KongCTVIF 82 Cyclically Adjusted PB Ratio is 0.21 as of Jul. 11, 2026, which is 55% below its 10-year median of 0.47. GuruFocus rates CTVIF with a GF Score™ of 82/100 and a GF Value™ of $0.12 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 649 Travel & Leisure companies, China Travel International Investment Hong Kong ranks better than 83.36% on this metric.
CTVIF's Cyclically Adjusted PB Ratio is ranked better than 83.36% of 649
companies
in the Travel & Leisure industry
Industry Median: 1.23
vs CTVIF: 0.34
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.
China Travel International Investment Hong Kong's adjusted book value per share data of for the fiscal year that ended in Dec25 was $0.262. 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 Dec25.
Shiller PE for Stocks: The True Measure of Stock Valuation
China Travel International Investment Hong Kong (OTCPK:CTVIF) 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.
China Travel International Investment Hong Kong Cyclically Adjusted PB Ratio Related Terms
China Travel International Investment Hong Kong Cyclically Adjusted PB Ratio Historical Data
* 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.
China Travel International Investment Hong Kong Cyclically Adjusted PB Ratio Chart
China Travel International Investment Hong Kong Annual Data
CTVIF vs AS, HAS, LTH: Cyclically Adjusted PB Ratio Comparison
For the Leisure subindustry, China Travel International Investment Hong Kong'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.
China Travel International Investment Hong Kong Cyclically Adjusted PB Ratio vs Travel & Leisure Industry
China Travel International Investment Hong Kong 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.
* 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.
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 0.21 mean?
China Travel International Investment Hong Kong (CTVIF) has a Cyclically Adjusted PB Ratio of 0.21 as of Jul. 11, 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 China Travel International Investment Hong Kong and its competitors. This is 55% below median its historical median of 0.47. Over the past decade, China Travel International Investment Hong Kong's Cyclically Adjusted PB Ratio has ranged from 0.30 to 1.22. According to the industry distribution chart, China Travel International Investment Hong Kong ranks #108 out of 649 companies in the Travel & Leisure industry, placing it in the top 16.6%.
Is China Travel International Investment Hong Kong's Cyclically Adjusted PB Ratio too high?
China Travel International Investment Hong Kong's current Cyclically Adjusted PB Ratio of 0.21 is 55% below median its 10-year median of 0.47. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 1.22. The Travel & Leisure industry median Cyclically Adjusted PB Ratio is 1.23. China Travel International Investment Hong Kong's value of 0.21 is 82.9% below this industry median. Based on the distribution chart, China Travel International Investment Hong Kong ranks #108 out of 649 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, China Travel International Investment Hong Kong has a GF Score™ of 82/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does China Travel International Investment Hong Kong's Cyclically Adjusted PB Ratio compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, China Travel International Investment Hong Kong ranks #108 out of 649 companies for Cyclically Adjusted PB Ratio. This places China Travel International Investment Hong Kong in the top 17% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.23. China Travel International Investment Hong Kong's value of 0.21 is 82.9% below this benchmark. Historically, China Travel International Investment Hong Kong's own Cyclically Adjusted PB Ratio has ranged from 0.30 to 1.22 over the past decade. While the company's 10-year median is 0.47 vs. the industry median of 1.23, China Travel International Investment Hong Kong 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 Travel & Leisure company?
The median Cyclically Adjusted PB Ratio among Travel & Leisure companies is 1.23, based on 649 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. China Travel International Investment Hong Kong's current Cyclically Adjusted PB Ratio of 0.21 is 82.9% 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 China Travel International Investment Hong Kong and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PB Ratio is 1.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Travel International Investment Hong Kong's current Cyclically Adjusted PB Ratio is 0.21, which is 55% below median its own 10-year median of 0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Travel International Investment Hong Kong stock overvalued right now?
Based on GuruFocus' analysis, China Travel International Investment Hong Kong (CTVIF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.12, compared to a current price of $0.09 — trading 22.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.21, which is 55% below median its 10-year median of 0.47 and 82.9% below the Travel & Leisure industry median of 1.23. China Travel International Investment Hong Kong's overall GF Score™ is 82/100 with 6 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 China Travel International Investment Hong Kong (CTVIF), the current Cyclically Adjusted PB Ratio is 0.21 as of Jul. 11, 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 China Travel International Investment Hong Kong (CTVIF) Overvalued in 2026?
Based on GuruFocus' analysis, China Travel International Investment Hong Kong stock appears to be undervalued.
The current stock price of $0.09 is trading 22.1% below its estimated GF Value™ of $0.12.
GuruFocus considers China Travel International Investment Hong Kong to be Possible Value Trap.
Key valuation signals for CTVIF:
Cyclically Adjusted PB Ratio: 0.21 (55% below median its 10-year median of 0.47)
GF Value™: $0.12 vs. price of $0.09 (22.1% below fair value)
Industry Position: 82.9% below the Travel & Leisure median (#108 of 649)
No single metric tells the full story. See the CTVIF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Travel International Investment Hong Kong Business Description
China Travel International Investment Hong Kong Ltd is a holding company focused on leisure investments. The company has four primary divisions: travel document and related operations, tourist attractions and related operations, hotel operations, and passenger transportation operations. The company derives revenue from its travel agency, tourist attraction, and hotel operations. Travel agency and related operations include the company's travel agency and travel document businesses. Tourist attraction operations, which comprise the majority portion of the company's revenue, include theme parks, resorts, and scenic destinations. Hotel operations include hotel accommodation, food, and beverage services. The company generates the vast majority of revenue in Hong Kong and mainland China.
82GF Score
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