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CK Hutchison HoldingsFRA:2CKA -1.31%72 Cyclically Adjusted PB Ratio is 0.52 as of Jul. 17, 2026, which is 33% above its 10-year median of 0.39. GuruFocus rates FRA:2CKA with a GF Score™ of 72/100 and a GF Value™ of €4.62 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 478 Conglomerates companies, CK Hutchison Holdings ranks better than 73.43% on this metric.
The historical rank and industry rank for CK Hutchison Holdings's Cyclically Adjusted PB Ratio or its related term are showing as below:
FRA:2CKA'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.25 Med: 0.39 Max: 0.72
Current: 0.5
During the past 13 years, CK Hutchison Holdings's highest Cyclically Adjusted PB Ratio was 0.72. The lowest was 0.25. And the median was 0.39.
FRA:2CKA's Cyclically Adjusted PB Ratio is ranked better than 73.43% of 478
companies
in the Conglomerates industry
Industry Median: 1.06
vs FRA:2CKA: 0.50
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 Hutchison Holdings's adjusted book value per share data of for the fiscal year that ended in Dec25 was €16.127. 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 €14.66 for the trailing ten years ended in Dec25.
Shiller PE for Stocks: The True Measure of Stock Valuation
CK Hutchison Holdings (FRA:2CKA) 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 Hutchison Holdings Cyclically Adjusted PB Ratio Related Terms
CK Hutchison Holdings Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for CK Hutchison 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 Hutchison Holdings Cyclically Adjusted PB Ratio Chart
FRA:2CKA vs HON, MMM: Cyclically Adjusted PB Ratio Comparison
For the Conglomerates subindustry, CK Hutchison 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 Hutchison Holdings Cyclically Adjusted PB Ratio vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, CK Hutchison Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where CK Hutchison Holdings's Cyclically Adjusted PB Ratio falls into.
CK Hutchison 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.
* 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 0.52 mean?
CK Hutchison Holdings (FRA:2CKA) has a Cyclically Adjusted PB Ratio of 0.52 as of Jul. 17, 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 Hutchison Holdings and its competitors. This is 33% above median its historical median of 0.39. Over the past decade, CK Hutchison Holdings' Cyclically Adjusted PB Ratio has ranged from 0.25 to 0.72. According to the industry distribution chart, CK Hutchison Holdings ranks #127 out of 478 companies in the Conglomerates industry, placing it in the top 26.6%.
Is CK Hutchison Holdings' Cyclically Adjusted PB Ratio too high?
CK Hutchison Holdings' current Cyclically Adjusted PB Ratio of 0.52 is 33% above median its 10-year median of 0.39. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 0.72. The Conglomerates industry median Cyclically Adjusted PB Ratio is 1.06. CK Hutchison Holdings' value of 0.52 is 50.9% below this industry median. Based on the distribution chart, CK Hutchison Holdings ranks #127 out of 478 companies in the Conglomerates industry, which is above the industry midpoint. Overall, CK Hutchison Holdings has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CK Hutchison Holdings' Cyclically Adjusted PB Ratio compare to HON and MMM?
According to the Conglomerates industry distribution chart, CK Hutchison Holdings ranks #127 out of 478 companies for Cyclically Adjusted PB Ratio. This puts CK Hutchison Holdings in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.06. CK Hutchison Holdings' value of 0.52 is 50.9% below this benchmark. Historically, CK Hutchison Holdings' own Cyclically Adjusted PB Ratio has ranged from 0.25 to 0.72 over the past decade. While the company's 10-year median is 0.39 vs. the industry median of 1.06, CK Hutchison 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 a Conglomerates company?
The median Cyclically Adjusted PB Ratio among Conglomerates companies is 1.06, based on 478 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 Hutchison Holdings's current Cyclically Adjusted PB Ratio of 0.52 is 50.9% 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 Hutchison Holdings and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PB Ratio is 1.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CK Hutchison Holdings's current Cyclically Adjusted PB Ratio is 0.52, which is 33% above median its own 10-year median of 0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CK Hutchison Holdings stock overvalued right now?
Based on GuruFocus' analysis, CK Hutchison Holdings (FRA:2CKA) is currently considered Significantly Overvalued. The stock's GF Value™ is €4.62, compared to a current price of €7.55 — trading 63.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.52, which is 33% above median its 10-year median of 0.39 and 50.9% below the Conglomerates industry median of 1.06. CK Hutchison Holdings' overall GF Score™ is 72/100 with 10 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 Hutchison Holdings (FRA:2CKA), the current Cyclically Adjusted PB Ratio is 0.52 as of Jul. 17, 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 Hutchison Holdings (FRA:2CKA) Overvalued in 2026?
Based on GuruFocus' analysis, CK Hutchison Holdings stock appears to be overvalued.
The current stock price of €7.55 is trading 63.4% above its estimated GF Value™ of €4.62.
GuruFocus considers CK Hutchison Holdings to be Significantly Overvalued.
Key valuation signals for FRA:2CKA:
Cyclically Adjusted PB Ratio: 0.52 (33% above median its 10-year median of 0.39)
GF Value™: €4.62 vs. price of €7.55 (63.4% above fair value)
Industry Position: 50.9% below the Conglomerates median (#127 of 478)
No single metric tells the full story. See the FRA:2CKA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CK Hutchison Holdings, or CKH, is a Hong Kong headquartered conglomerate with key businesses in ports, retail, infrastructure, and telecommunications. The company was created in 2015 to house the merged assets of Cheung Kong Holdings and Hutchison Whampoa as the group sought to flatten out and simplify its original holding structure. CKH contains most of the businesses previously housed in Hutchison Whampoa, minus the property assets, which were spun off into their own listing, CK Asset Holdings. Telecommunications and infrastructure activities now make up the largest share of EBITDA, at around 51%. The planned sale of most of the ports business is currently being scrutinized by the government.
72GF 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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