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Celestial Asia Securities HoldingsFRA:CE0 -5.71%35 Cyclically Adjusted PB Ratio is 0.28 as of Jul. 24, 2026, which is 75% above its 10-year median of 0.16. GuruFocus rates FRA:CE0 with a GF Score™ of 35/100 and a GF Value™ of €0.07 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 809 Retail - Cyclical companies, Celestial Asia Securities Holdings ranks better than 93.2% on this metric.
The historical rank and industry rank for Celestial Asia Securities Holdings's Cyclically Adjusted PB Ratio or its related term are showing as below:
FRA:CE0'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.07 Med: 0.16 Max: 0.63
Current: 0.18
During the past 13 years, Celestial Asia Securities Holdings's highest Cyclically Adjusted PB Ratio was 0.63. The lowest was 0.07. And the median was 0.16.
FRA:CE0's Cyclically Adjusted PB Ratio is ranked better than 93.2% of 809
companies
in the Retail - Cyclical industry
Industry Median: 1.24
vs FRA:CE0: 0.18
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.
Celestial Asia Securities Holdings's adjusted book value per share data of for the fiscal year that ended in Dec25 was €0.019. 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 €0.30 for the trailing ten years ended in Dec25.
Shiller PE for Stocks: The True Measure of Stock Valuation
Celestial Asia Securities Holdings (FRA:CE0) 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.
Celestial Asia Securities Holdings Cyclically Adjusted PB Ratio Related Terms
Celestial Asia Securities Holdings 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.
Celestial Asia Securities Holdings Cyclically Adjusted PB Ratio Chart
FRA:CE0 vs DDS, M: Cyclically Adjusted PB Ratio Comparison
For the Department Stores subindustry, Celestial Asia Securities 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.
Celestial Asia Securities Holdings Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Celestial Asia Securities Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Celestial Asia Securities Holdings's Cyclically Adjusted PB Ratio falls into.
Celestial Asia Securities 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 0.28 mean?
Celestial Asia Securities Holdings (FRA:CE0) has a Cyclically Adjusted PB Ratio of 0.28 as of Jul. 24, 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 Celestial Asia Securities Holdings and its competitors. This is 75% above median its historical median of 0.16. Over the past decade, Celestial Asia Securities Holdings' Cyclically Adjusted PB Ratio has ranged from 0.07 to 0.63. According to the industry distribution chart, Celestial Asia Securities Holdings ranks #55 out of 809 companies in the Retail - Cyclical industry, placing it in the top 6.8%.
Is Celestial Asia Securities Holdings' Cyclically Adjusted PB Ratio too high?
Celestial Asia Securities Holdings' current Cyclically Adjusted PB Ratio of 0.28 is 75% above median its 10-year median of 0.16. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 0.63. The Retail - Cyclical industry median Cyclically Adjusted PB Ratio is 1.24. Celestial Asia Securities Holdings' value of 0.28 is 77.4% below this industry median. Based on the distribution chart, Celestial Asia Securities Holdings ranks #55 out of 809 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Celestial Asia Securities Holdings has a GF Score™ of 35/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Celestial Asia Securities Holdings' Cyclically Adjusted PB Ratio compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, Celestial Asia Securities Holdings ranks #55 out of 809 companies for Cyclically Adjusted PB Ratio. This places Celestial Asia Securities Holdings in the top 7% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.24. Celestial Asia Securities Holdings' value of 0.28 is 77.4% below this benchmark. Historically, Celestial Asia Securities Holdings' own Cyclically Adjusted PB Ratio has ranged from 0.07 to 0.63 over the past decade. While the company's 10-year median is 0.16 vs. the industry median of 1.24, Celestial Asia Securities 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 Retail - Cyclical company?
The median Cyclically Adjusted PB Ratio among Retail - Cyclical companies is 1.24, based on 809 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. Celestial Asia Securities Holdings's current Cyclically Adjusted PB Ratio of 0.28 is 77.4% 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 Celestial Asia Securities Holdings and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PB Ratio is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Celestial Asia Securities Holdings's current Cyclically Adjusted PB Ratio is 0.28, which is 75% above median its own 10-year median of 0.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Celestial Asia Securities Holdings stock overvalued right now?
Based on GuruFocus' analysis, Celestial Asia Securities Holdings (FRA:CE0) is currently considered Modestly Overvalued. The stock's GF Value™ is €0.07, compared to a current price of €0.08 — trading 17.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.28, which is 75% above median its 10-year median of 0.16 and 77.4% below the Retail - Cyclical industry median of 1.24. Celestial Asia Securities Holdings' overall GF Score™ is 35/100 with 3 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 Celestial Asia Securities Holdings (FRA:CE0), the current Cyclically Adjusted PB Ratio is 0.28 as of Jul. 24, 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 Celestial Asia Securities Holdings (FRA:CE0) Overvalued in 2026?
Based on GuruFocus' analysis, Celestial Asia Securities Holdings stock appears to be overvalued.
The current stock price of €0.08 is trading 17.9% above its estimated GF Value™ of €0.07.
GuruFocus considers Celestial Asia Securities Holdings to be Modestly Overvalued.
Key valuation signals for FRA:CE0:
Cyclically Adjusted PB Ratio: 0.28 (75% above median its 10-year median of 0.16)
GF Value™: €0.07 vs. price of €0.08 (17.9% above fair value)
Industry Position: 77.4% below the Retail - Cyclical median (#55 of 809)
No single metric tells the full story. See the FRA:CE0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Celestial Asia Securities Holdings Business Description
Celestial Asia Securities Holdings Ltd is a multi-faceted investment conglomerate serving consumer needs in investment and wealth management, lifestyle, and home improvement. The Group's reportable segments are: Retailing, Investment Management, and Other Financial Services. The majority of its revenue is generated from the Retailing segment, which includes the sales of furniture, household goods, and electrical appliances under brands such as Pricerite Home, TMF, Pricerite Creations, Pricerite Food, Pricerite Pet, etc. The Investment Management segment provides investment management services to the fund investors, and the Other Financial Services segment provides broking and wealth management services. Geographically, the Group derives its key revenue from Hong Kong, followed by the PRC.
35GF Score
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