GCPEF (GCL Technology Holdings) Cyclically Adjusted PB Ratio: 0.52 (As of Jul. 29, 2026) — 37% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

GCPEF GCL Technology Holdings Ltd GCPEF
52 GF Score
Price $0.09
GF Value $0.08
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is GCL Technology Holdings Cyclically Adjusted PB Ratio?

GCL Technology Holdings GCPEF -17.15% 52 Cyclically Adjusted PB Ratio is 0.52 as of Jul. 29, 2026, which is 37% below its 10-year median of 0.82. GuruFocus rates GCPEF with a GF Scoreâ„¢ of 52/100 and a GF Valueâ„¢ of $0.08 (Fairly Valued). The stock has 4 warning signs investors should review. Among 733 Semiconductors companies, GCL Technology Holdings ranks better than 91.81% on this metric.

As of today (2026-07-29), GCL Technology Holdings's current share price is $0.0877. GCL Technology Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was $0.17. GCL Technology Holdings's Cyclically Adjusted PB Ratio for today is 0.52.

The historical rank and industry rank for GCL Technology Holdings's Cyclically Adjusted PB Ratio or its related term are showing as below:

GCPEF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.82   Max: 2.96
Current: 0.4

During the past 13 years, GCL Technology Holdings's highest Cyclically Adjusted PB Ratio was 2.96. The lowest was 0.16. And the median was 0.82.

GCPEF's Cyclically Adjusted PB Ratio is ranked better than
91.81% of 733 companies
in the Semiconductors industry
Industry Median: 3.15 vs GCPEF: 0.40

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.

GCL Technology Holdings's adjusted book value per share data of for the fiscal year that ended in Dec25 was $0.173. 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 $0.17 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


GCL Technology Holdings  (OTCPK:GCPEF) 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.


GCL Technology Holdings Cyclically Adjusted PB Ratio Related Terms


GCL Technology Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for GCL Technology 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.

GCL Technology Holdings Cyclically Adjusted PB Ratio Chart

GCL Technology Holdings 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 2.15 1.44 0.85 0.73 0.71

GCL Technology Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.85 0.00 0.73 0.00 0.71

GCPEF vs FSLR, NXT, ENPH: Cyclically Adjusted PB Ratio Comparison

For the Solar subindustry, GCL Technology 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.


GCL Technology Holdings Cyclically Adjusted PB Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, GCL Technology Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where GCL Technology Holdings's Cyclically Adjusted PB Ratio falls into.


GCPEF
52GF Score
GCL Technology Holdings Ltd GCPEF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GCL Technology 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.

GCL Technology Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.0877/0.17
=0.52

* 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.

GCL Technology Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, GCL Technology Holdings'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)
=0.173/120.7036*120.7036
=0.173

Current CPI (Dec25) = 120.7036.

GCL Technology Holdings Annual Data

Book Value per Share CPI Adj_Book
201612 0.162 103.225 0.189
201712 0.186 104.984 0.214
201812 0.173 107.622 0.194
201912 0.160 110.700 0.174
202012 0.120 109.711 0.132
202112 0.168 112.349 0.180
202212 0.226 114.548 0.238
202312 0.225 117.296 0.232
202412 0.193 118.945 0.196
202512 0.173 120.704 0.173

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 0.52 mean?
GCL Technology Holdings (GCPEF) has a Cyclically Adjusted PB Ratio of 0.52 as of Jul. 29, 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 GCL Technology Holdings and its competitors. This is 37% below median its historical median of 0.82. Over the past decade, GCL Technology Holdings' Cyclically Adjusted PB Ratio has ranged from 0.16 to 2.96. According to the industry distribution chart, GCL Technology Holdings ranks #60 out of 733 companies in the Semiconductors industry, placing it in the top 8.2%.
Is GCL Technology Holdings' Cyclically Adjusted PB Ratio too high?
GCL Technology Holdings' current Cyclically Adjusted PB Ratio of 0.52 is 37% below median its 10-year median of 0.82. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 2.96. The Semiconductors industry median Cyclically Adjusted PB Ratio is 3.15. GCL Technology Holdings' value of 0.52 is 83.5% below this industry median. Based on the distribution chart, GCL Technology Holdings ranks #60 out of 733 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, GCL Technology Holdings has a GF Score™ of 52/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does GCL Technology Holdings' Cyclically Adjusted PB Ratio compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, GCL Technology Holdings ranks #60 out of 733 companies for Cyclically Adjusted PB Ratio. This places GCL Technology Holdings in the top 8% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 3.15. GCL Technology Holdings' value of 0.52 is 83.5% below this benchmark. Historically, GCL Technology Holdings' own Cyclically Adjusted PB Ratio has ranged from 0.16 to 2.96 over the past decade. While the company's 10-year median is 0.82 vs. the industry median of 3.15, GCL Technology 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 Semiconductors company?
The median Cyclically Adjusted PB Ratio among Semiconductors companies is 3.15, based on 733 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. GCL Technology Holdings's current Cyclically Adjusted PB Ratio of 0.52 is 83.5% 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 GCL Technology Holdings and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PB Ratio is 3.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GCL Technology Holdings's current Cyclically Adjusted PB Ratio is 0.52, which is 37% below median its own 10-year median of 0.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GCL Technology Holdings stock overvalued right now?
Based on GuruFocus' analysis, GCL Technology Holdings (GCPEF) is currently considered Fairly Valued. The stock's GF Value™ is $0.08, compared to a current price of $0.09 — trading 9.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.52, which is 37% below median its 10-year median of 0.82 and 83.5% below the Semiconductors industry median of 3.15. GCL Technology Holdings' overall GF Score™ is 52/100 with 4 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 GCL Technology Holdings (GCPEF), the current Cyclically Adjusted PB Ratio is 0.52 as of Jul. 29, 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 GCL Technology Holdings (GCPEF) Overvalued in 2026?

Based on GuruFocus' analysis, GCL Technology Holdings stock appears to be overvalued. The current stock price of $0.09 is trading 9.6% above its estimated GF Value™ of $0.08. GuruFocus considers GCL Technology Holdings to be Fairly Valued.

Key valuation signals for GCPEF:

  • Cyclically Adjusted PB Ratio: 0.52 (37% below median its 10-year median of 0.82)
  • GF Value™: $0.08 vs. price of $0.09 (9.6% above fair value)
  • GF Score™: 52/100 with 4 warning signs
  • Industry Position: 83.5% below the Semiconductors median (#60 of 733)

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


GCL Technology Holdings Business Description

Other Exchanges 03800:Hong Kong3GY:Germany
Address 1 Austin Road West, Unit 1703B-1706, Level 17, International Commerce Centre, Kowloon, Hong Kong, HKG
GCL Technology Holdings Ltd is an investment holding company. The company principally engaged in the manufacturing and sales of polysilicon and wafers for the solar industry; and the sales of electricity, development and operation of solar projects. It is in manufacturing and the sales of polysilicon and wafers and developing, owning and operation of solar farm. It has two reportable segments Solar material business mainly manufactures and sales of polysilicon and wafer product to companies operating in the solar industry, and Solar farm business operates solar farms located in the USA and the PRC. The majority of revenue comes from Solar material business. It has presence in The PRC, India, Vietnam, USA, and Others, of which majority of revenue comes from The PRC.
52GF Score

Get the complete analysis for GCPEF

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

$0.09
Price
$0.08
GF Value