Wing Tai Properties (FRA:USH) Cyclically Adjusted PB Ratio: 0.09 (As of Sep. 01, 2026) — 57% Below Median

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FRA:USH Wing Tai Properties Ltd FRA:USH
56 GF Score
Price €0.20
GF Value €0.15
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Wing Tai Properties Cyclically Adjusted PB Ratio?

Wing Tai Properties FRA:USH 56 Cyclically Adjusted PB Ratio is 0.09 as of Sep. 01, 2026, which is 57% below its 10-year median of 0.21. GuruFocus rates FRA:USH with a GF Score™ of 56/100 and a GF Value™ of €0.15 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,301 Real Estate companies, Wing Tai Properties ranks better than 90.24% on this metric.

As of today (2026-09-01), Wing Tai Properties's current share price is €0.199. Wing Tai Properties's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was €2.19. Wing Tai Properties's Cyclically Adjusted PB Ratio for today is 0.09.

The historical rank and industry rank for Wing Tai Properties's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:USH' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.21   Max: 0.46
Current: 0.09

During the past 13 years, Wing Tai Properties's highest Cyclically Adjusted PB Ratio was 0.46. The lowest was 0.07. And the median was 0.21.

FRA:USH's Cyclically Adjusted PB Ratio is ranked better than
90.24% of 1301 companies
in the Real Estate industry
Industry Median: 0.67 vs FRA:USH: 0.09

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.

Wing Tai Properties's adjusted book value per share data of for the fiscal year that ended in Dec25 was €1.727. 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 €2.19 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wing Tai Properties  (FRA:USH) 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.


Wing Tai Properties Cyclically Adjusted PB Ratio Related Terms


Wing Tai Properties Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Wing Tai Properties'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.

Wing Tai Properties Cyclically Adjusted PB Ratio Chart

Wing Tai Properties 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 0.21 0.17 0.13 0.09 0.08

Wing Tai Properties Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 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 0.00 0.09 0.00 0.08 0.00

Wing Tai Properties Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, Wing Tai Properties'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.


Wing Tai Properties Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Wing Tai Properties's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Wing Tai Properties's Cyclically Adjusted PB Ratio falls into.


FRA:USH
56GF Score
Wing Tai Properties Ltd FRA:USH
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wing Tai Properties 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.

Wing Tai Properties's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.199/2.19
=0.09

* 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.

Wing Tai Properties's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Wing Tai Properties's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=1.727/120.7036*120.7036
=1.727

Current CPI (Dec25) = 120.7036.

Wing Tai Properties Annual Data

Book Value per Share CPI Adj_Book
201612 2.211 103.225 2.585
201712 2.234 104.984 2.569
201812 2.398 107.622 2.689
201912 2.440 110.700 2.660
202012 2.164 109.711 2.381
202112 2.359 112.349 2.534
202212 2.430 114.548 2.561
202312 2.243 117.296 2.308
202412 2.104 118.945 2.135
202512 1.727 120.704 1.727

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 0.09 mean?
Wing Tai Properties (FRA:USH) has a Cyclically Adjusted PB Ratio of 0.09 as of Sep. 01, 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 Wing Tai Properties and its competitors. This is 57% below median its historical median of 0.21. Over the past decade, Wing Tai Properties' Cyclically Adjusted PB Ratio has ranged from 0.07 to 0.46. According to the industry distribution chart, Wing Tai Properties ranks #127 out of 1301 companies in the Real Estate industry, placing it in the top 9.8%.
Is Wing Tai Properties' Cyclically Adjusted PB Ratio too high?
Wing Tai Properties' current Cyclically Adjusted PB Ratio of 0.09 is 57% below median its 10-year median of 0.21. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 0.46. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.67. Wing Tai Properties' value of 0.09 is 86.6% below this industry median. Based on the distribution chart, Wing Tai Properties ranks #127 out of 1301 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Wing Tai Properties has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wing Tai Properties' Cyclically Adjusted PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Wing Tai Properties ranks #127 out of 1301 companies for Cyclically Adjusted PB Ratio. This places Wing Tai Properties in the top 10% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.67. Wing Tai Properties' value of 0.09 is 86.6% below this benchmark. Historically, Wing Tai Properties' own Cyclically Adjusted PB Ratio has ranged from 0.07 to 0.46 over the past decade. While the company's 10-year median is 0.21 vs. the industry median of 0.67, Wing Tai Properties 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 Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.67, based on 1,301 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. Wing Tai Properties's current Cyclically Adjusted PB Ratio of 0.09 is 86.6% 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 Wing Tai Properties and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wing Tai Properties's current Cyclically Adjusted PB Ratio is 0.09, which is 57% below median its own 10-year median of 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wing Tai Properties stock overvalued right now?
Based on GuruFocus' analysis, Wing Tai Properties (FRA:USH) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.15, compared to a current price of €0.20 — trading 32.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.09, which is 57% below median its 10-year median of 0.21 and 86.6% below the Real Estate industry median of 0.67. Wing Tai Properties' overall GF Score™ is 56/100 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 Wing Tai Properties (FRA:USH), the current Cyclically Adjusted PB Ratio is 0.09 as of Sep. 01, 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 Wing Tai Properties (FRA:USH) Overvalued in 2026?

Based on GuruFocus' analysis, Wing Tai Properties stock appears to be overvalued. The current stock price of €0.20 is trading 32.7% above its estimated GF Value™ of €0.15. GuruFocus considers Wing Tai Properties to be Significantly Overvalued.

Key valuation signals for FRA:USH:

  • Cyclically Adjusted PB Ratio: 0.09 (57% below median its 10-year median of 0.21)
  • GF Value™: €0.15 vs. price of €0.20 (32.7% above fair value)
  • GF Score™: 56/100 with 5 warning signs
  • Industry Position: 86.6% below the Real Estate median (#127 of 1301)

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


Wing Tai Properties Business Description

Other Exchanges 00369:Hong Kong
Address Landmark East, 100 How Ming Street, 27th Floor, AIA Kowloon Tower, Kwun Tong, Kowloon, Hong Kong, HKG
Wing Tai Properties Ltd is an investment holding company. The business activity of the group is operated through the following segments; Property Development which generates key revenue, Property Investment & Management, Hospitality Investment & Management, and Others. Its investment property portfolio is mainly comprised of commercial, industrial, residential units and serviced apartments, and others. The company's geographical segments are Hong Kong, the United Kingdom, Chinese Mainland, Singapore and Others, of which the majority of its revenue comes from Hong Kong.
56GF Score

Get the complete analysis for FRA:USH

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

€0.20
Price
€0.15
GF Value