Hisense Home Appliances Group Co (FRA:GKE) Cyclically Adjusted PB Ratio: 3.06 (As of Aug. 19, 2026) — 27% Below Median

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FRA:GKE Hisense Home Appliances Group Co Ltd FRA:GKE
89 GF Score
Price €2.42
GF Value €2.39
Valuation Fairly Valued
! 5 Warning Signs
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What is Hisense Home Appliances Group Co Cyclically Adjusted PB Ratio?

Hisense Home Appliances Group Co FRA:GKE -2.42% 89 Cyclically Adjusted PB Ratio is 3.06 as of Aug. 19, 2026, which is 27% below its 10-year median of 4.20. GuruFocus rates FRA:GKE with a GF Score™ of 89/100 and a GF Value™ of €2.39 (Fairly Valued). The stock has 5 warning signs investors should review. Among 321 Furnishings, Fixtures & Appliances companies, Hisense Home Appliances Group Co ranks worse than 82.87% on this metric.

As of today (2026-08-19), Hisense Home Appliances Group Co's current share price is €2.42. Hisense Home Appliances Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €0.79. Hisense Home Appliances Group Co's Cyclically Adjusted PB Ratio for today is 3.06.

The historical rank and industry rank for Hisense Home Appliances Group Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:GKE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.1   Med: 4.2   Max: 16.76
Current: 3.21

During the past years, Hisense Home Appliances Group Co's highest Cyclically Adjusted PB Ratio was 16.76. The lowest was 2.10. And the median was 4.20.

FRA:GKE's Cyclically Adjusted PB Ratio is ranked worse than
82.87% of 321 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.18 vs FRA:GKE: 3.21

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.

Hisense Home Appliances Group Co's adjusted book value per share data for the three months ended in Jun. 2026 was €1.615. 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 €0.79 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hisense Home Appliances Group Co  (FRA:GKE) 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.


Hisense Home Appliances Group Co Cyclically Adjusted PB Ratio Related Terms


Hisense Home Appliances Group Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Hisense Home Appliances Group Co'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.

Hisense Home Appliances Group Co Cyclically Adjusted PB Ratio Chart

Hisense Home Appliances Group Co 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 3.49 2.58 3.51 4.39 3.30

Hisense Home Appliances Group Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 3.66 3.58 3.30 2.76 3.41

FRA:GKE vs SN, SGI, MHK: Cyclically Adjusted PB Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, Hisense Home Appliances Group Co'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.


Hisense Home Appliances Group Co Cyclically Adjusted PB Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Hisense Home Appliances Group Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Hisense Home Appliances Group Co's Cyclically Adjusted PB Ratio falls into.


FRA:GKE
89GF Score
Hisense Home Appliances Group Co Ltd FRA:GKE
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Hisense Home Appliances Group Co 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.

Hisense Home Appliances Group Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.42/0.79
=3.06

* 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.

Hisense Home Appliances Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Hisense Home Appliances Group Co's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1.615/116.0564*116.0564
=1.615

Current CPI (Jun. 2026) = 116.0564.

Hisense Home Appliances Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.455 102.400 0.516
201612 0.489 102.600 0.553
201703 0.509 103.200 0.572
201706 0.492 103.100 0.554
201709 0.580 104.100 0.647
201712 0.618 104.500 0.686
201803 0.634 105.300 0.699
201806 0.646 104.900 0.715
201809 0.655 106.600 0.713
201812 0.689 106.500 0.751
201903 0.752 107.700 0.810
201906 0.744 107.700 0.802
201909 0.776 109.800 0.820
201912 0.821 111.200 0.857
202003 0.828 112.300 0.856
202006 0.799 110.400 0.840
202009 0.841 111.700 0.874
202012 0.902 111.500 0.939
202103 0.946 112.662 0.975
202106 0.942 111.769 0.978
202109 0.990 112.215 1.024
202112 1.055 113.108 1.083
202203 1.113 114.335 1.130
202206 1.111 114.558 1.126
202209 1.179 115.339 1.186
202212 1.145 115.116 1.154
202303 1.193 115.116 1.203
202306 1.138 114.558 1.153
202309 1.221 115.339 1.229
202312 1.257 114.781 1.271
202403 1.318 115.227 1.327
202406 1.307 114.781 1.322
202409 1.359 115.785 1.362
202412 1.463 114.893 1.478
202503 1.525 115.116 1.537
202506 1.395 114.907 1.409
202509 1.462 115.471 1.469
202512 1.530 115.832 1.533
202603 1.677 116.303 1.673
202606 1.615 116.056 1.615

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 3.06 mean?
Hisense Home Appliances Group Co (FRA:GKE) has a Cyclically Adjusted PB Ratio of 3.06 as of Aug. 19, 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 Hisense Home Appliances Group Co and its competitors. This is 27% below median its historical median of 4.20. Over the past decade, Hisense Home Appliances Group Co's Cyclically Adjusted PB Ratio has ranged from 2.10 to 16.76. According to the industry distribution chart, Hisense Home Appliances Group Co ranks #266 out of 321 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 82.9%.
Is Hisense Home Appliances Group Co's Cyclically Adjusted PB Ratio too high?
Hisense Home Appliances Group Co's current Cyclically Adjusted PB Ratio of 3.06 is 27% below median its 10-year median of 4.20. Over the past 10 years, this metric has ranged from a low of 2.10 to a high of 16.76. The Furnishings, Fixtures & Appliances industry median Cyclically Adjusted PB Ratio is 1.18. Hisense Home Appliances Group Co's value of 3.06 is 159.3% above this industry median. Based on the distribution chart, Hisense Home Appliances Group Co ranks #266 out of 321 companies in the Furnishings, Fixtures & Appliances industry, which is in the bottom quartile relative to peers. Overall, Hisense Home Appliances Group Co has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hisense Home Appliances Group Co's Cyclically Adjusted PB Ratio compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Hisense Home Appliances Group Co ranks #266 out of 321 companies for Cyclically Adjusted PB Ratio. This places Hisense Home Appliances Group Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.18. Hisense Home Appliances Group Co's value of 3.06 is 159.3% above this benchmark. Historically, Hisense Home Appliances Group Co's own Cyclically Adjusted PB Ratio has ranged from 2.10 to 16.76 over the past decade. While the company's 10-year median is 4.20 vs. the industry median of 1.18, Hisense Home Appliances Group Co 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 a Furnishings, Fixtures & Appliances company?
The median Cyclically Adjusted PB Ratio among Furnishings, Fixtures & Appliances companies is 1.18, based on 321 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. Hisense Home Appliances Group Co's current Cyclically Adjusted PB Ratio of 3.06 is 159.3% 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 Hisense Home Appliances Group Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Cyclically Adjusted PB Ratio is 1.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hisense Home Appliances Group Co's current Cyclically Adjusted PB Ratio is 3.06, which is 27% below median its own 10-year median of 4.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hisense Home Appliances Group Co stock overvalued right now?
Based on GuruFocus' analysis, Hisense Home Appliances Group Co (FRA:GKE) is currently considered Fairly Valued. The stock's GF Value™ is €2.39, compared to a current price of €2.42 — trading 1.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.06, which is 27% below median its 10-year median of 4.20 and 159.3% above the Furnishings, Fixtures & Appliances industry median of 1.18. Hisense Home Appliances Group Co's overall GF Score™ is 89/100 with 5 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 Hisense Home Appliances Group Co (FRA:GKE), the current Cyclically Adjusted PB Ratio is 3.06 as of Aug. 19, 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 Hisense Home Appliances Group Co (FRA:GKE) Overvalued in 2026?

Based on GuruFocus' analysis, Hisense Home Appliances Group Co stock appears to be overvalued. The current stock price of €2.42 is trading 1.3% above its estimated GF Value™ of €2.39. GuruFocus considers Hisense Home Appliances Group Co to be Fairly Valued.

Key valuation signals for FRA:GKE:

  • Cyclically Adjusted PB Ratio: 3.06 (27% below median its 10-year median of 4.20)
  • GF Value™: €2.39 vs. price of €2.42 (1.3% above fair value)
  • GF Score™: 89/100 with 5 warning signs
  • Industry Position: 159.3% above the Furnishings, Fixtures & Appliances median (#266 of 321)

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


Hisense Home Appliances Group Co Business Description

Address No. 8 Ronggang Road, Ronggui Street, Shunde District, Guangdong Province, Foshan, CHN, 528303
Hisense Home Appliances Group Co Ltd is a manufacturer of white household electrical appliances in the People's Republic of China, with eight brand names, namely Hisense, Ronshen, KELON, HITACHI, YORK, Gorenje, ASKO, and SANDEN. The company produces refrigerators, air-conditioners, freezers, washing machines, and Kitchen electrical appliances. The businesses of the Company are set out as follows: HVAC Business Work; Refrigerator and Washing Machine Business Work; Automotive Air Conditioner Compressor and Integrated Thermal Management System Business Work; Smart Home Business Work; Overseas Markets for Home Appliances Business Work and Implementing the Manufacturing Work. The majority of the its revenue is generated from China.
89GF 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.

€2.42
Price
€2.39
GF Value