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Gemdale Properties and InvestmentHKSE:00535 Cyclically Adjusted PB Ratio is 0.08 as of Sep. 14, 2026, which is 92% below its 10-year median of 1.04. The stock has 7 warning signs investors should review. Among 1,300 Real Estate companies, Gemdale Properties and Investment ranks better than 91.46% on this metric.
The historical rank and industry rank for Gemdale Properties and Investment's Cyclically Adjusted PB Ratio or its related term are showing as below:
HKSE:00535'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.07 Med: 1.04 Max: 2.24
Current: 0.08
During the past 13 years, Gemdale Properties and Investment's highest Cyclically Adjusted PB Ratio was 2.24. The lowest was 0.07. And the median was 1.04.
HKSE:00535's Cyclically Adjusted PB Ratio is ranked better than 91.46% of 1300
companies
in the Real Estate industry
Industry Median: 0.66
vs HKSE:00535: 0.08
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.
Gemdale Properties and Investment's adjusted book value per share data of for the fiscal year that ended in Dec25 was HK$0.958. 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 HK$1.23 for the trailing ten years ended in Dec25.
Shiller PE for Stocks: The True Measure of Stock Valuation
Gemdale Properties and Investment (HKSE:00535) 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.
Gemdale Properties and Investment Cyclically Adjusted PB Ratio Related Terms
Gemdale Properties and Investment 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.
Gemdale Properties and Investment Cyclically Adjusted PB Ratio Chart
Gemdale Properties and Investment Cyclically Adjusted PB Ratio Competitor Comparison
For the Real Estate - Development subindustry, Gemdale Properties and Investment'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.
Gemdale Properties and Investment Cyclically Adjusted PB Ratio vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Gemdale Properties and Investment's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Gemdale Properties and Investment's Cyclically Adjusted PB Ratio falls into.
Gemdale Properties and Investment 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 0.08 mean?
Gemdale Properties and Investment (HKSE:00535) has a Cyclically Adjusted PB Ratio of 0.08 as of Sep. 14, 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 Gemdale Properties and Investment and its competitors. This is 92% below median its historical median of 1.04. Over the past decade, Gemdale Properties and Investment's Cyclically Adjusted PB Ratio has ranged from 0.07 to 2.24. According to the industry distribution chart, Gemdale Properties and Investment ranks #111 out of 1300 companies in the Real Estate industry, placing it in the top 8.5%.
Is Gemdale Properties and Investment's Cyclically Adjusted PB Ratio too high?
Gemdale Properties and Investment's current Cyclically Adjusted PB Ratio of 0.08 is 92% below median its 10-year median of 1.04. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 2.24. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.66. Gemdale Properties and Investment's value of 0.08 is 87.9% below this industry median. Based on the distribution chart, Gemdale Properties and Investment ranks #111 out of 1300 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers.
How does Gemdale Properties and Investment's Cyclically Adjusted PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Gemdale Properties and Investment ranks #111 out of 1300 companies for Cyclically Adjusted PB Ratio. This places Gemdale Properties and Investment in the top 9% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.66. Gemdale Properties and Investment's value of 0.08 is 87.9% below this benchmark. Historically, Gemdale Properties and Investment's own Cyclically Adjusted PB Ratio has ranged from 0.07 to 2.24 over the past decade. While the company's 10-year median is 1.04 vs. the industry median of 0.66, Gemdale Properties and Investment 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 0.66, based on 1,300 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. Gemdale Properties and Investment's current Cyclically Adjusted PB Ratio of 0.08 is 87.9% 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 Gemdale Properties and Investment and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gemdale Properties and Investment's current Cyclically Adjusted PB Ratio is 0.08, which is 92% below median its own 10-year median of 1.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gemdale Properties and Investment stock overvalued right now?
Based on GuruFocus' analysis, Gemdale Properties and Investment (HKSE:00535) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.15, compared to a current price of HK$0.10 — trading 33.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.08, which is 92% below median its 10-year median of 1.04 and 87.9% below the Real Estate industry median of 0.66. 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 Gemdale Properties and Investment (HKSE:00535), the current Cyclically Adjusted PB Ratio is 0.08 as of Sep. 14, 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.
Gemdale Properties and Investment Corp Ltd is an investment holding company engaged in real estate development and asset management. The Company develops, sells, invests in, and manages diversified properties including residential properties, industrial parks, commercial offices, rental housing, and commercial properties, while providing integrated spaces and services to businesses and individuals in cities. It operates through the Property Development segment, the Property Investment and Management segment, and the Corporate Others segment, with the Property Development segment generating the majority of the Company's revenue through the development and sale of residential and commercial properties. The Company generates almost all of its revenue from Mainland China.
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