Speedy Global Holdings (HKSE:00540) Cyclically Adjusted PB Ratio: 0.73 (As of Sep. 10, 2026) — 204% Above 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.

HKSE:00540 Speedy Global Holdings Ltd HKSE:00540
46 GF Score
Price HK$0.22
GF Value HK$0.08
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Speedy Global Holdings Cyclically Adjusted PB Ratio?

Speedy Global Holdings HKSE:00540 46 Cyclically Adjusted PB Ratio is 0.73 as of Sep. 10, 2026, which is 204% above its 10-year median of 0.24. GuruFocus rates HKSE:00540 with a GF Score™ of 46/100 and a GF Value™ of HK$0.08 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 635 Manufacturing - Apparel & Accessories companies, Speedy Global Holdings ranks better than 59.37% on this metric.

As of today (2026-09-10), Speedy Global Holdings's current share price is HK$0.22. Speedy Global Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was HK$0.30. Speedy Global Holdings's Cyclically Adjusted PB Ratio for today is 0.73.

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

HKSE:00540' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.24   Max: 0.97
Current: 0.72

During the past 13 years, Speedy Global Holdings's highest Cyclically Adjusted PB Ratio was 0.97. The lowest was 0.01. And the median was 0.24.

HKSE:00540's Cyclically Adjusted PB Ratio is ranked better than
59.37% of 635 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.95 vs HKSE:00540: 0.72

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.

Speedy Global Holdings's adjusted book value per share data of for the fiscal year that ended in Dec25 was HK$0.157. 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$0.30 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Speedy Global Holdings  (HKSE:00540) 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.


Speedy Global Holdings Cyclically Adjusted PB Ratio Related Terms


Speedy Global Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Speedy Global 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.

Speedy Global Holdings Cyclically Adjusted PB Ratio Chart

Speedy Global 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 0.02 0.39 0.17 0.44 0.59

Speedy Global Holdings 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 0.44 0.00 0.59 0.00

HKSE:00540 vs RL, LEVI, VFC: Cyclically Adjusted PB Ratio Comparison

For the Apparel Manufacturing subindustry, Speedy Global 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.


Speedy Global Holdings Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Speedy Global Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


HKSE:00540
46GF Score
Speedy Global Holdings Ltd HKSE:00540
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Speedy Global 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.

Speedy Global Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.22/0.30
=0.73

* 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.

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

For example, Speedy Global 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)
=0.157/115.8323*115.8323
=0.157

Current CPI (Dec25) = 115.8323.

Speedy Global Holdings Annual Data

Book Value per Share CPI Adj_Book
201612 0.393 102.600 0.444
201712 0.457 104.500 0.507
201812 0.488 106.500 0.531
201912 0.521 111.200 0.543
202012 0.251 111.500 0.261
202112 0.201 113.108 0.206
202212 0.126 115.116 0.127
202312 0.116 114.781 0.117
202412 0.144 114.893 0.145
202512 0.157 115.832 0.157

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 0.73 mean?
Speedy Global Holdings (HKSE:00540) has a Cyclically Adjusted PB Ratio of 0.73 as of Sep. 10, 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 Speedy Global Holdings and its competitors. This is 204% above median its historical median of 0.24. Over the past decade, Speedy Global Holdings' Cyclically Adjusted PB Ratio has ranged from 0.01 to 0.97. According to the industry distribution chart, Speedy Global Holdings ranks #258 out of 635 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 40.6%.
Is Speedy Global Holdings' Cyclically Adjusted PB Ratio too high?
Speedy Global Holdings' current Cyclically Adjusted PB Ratio of 0.73 is 204% above median its 10-year median of 0.24. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.97. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PB Ratio is 0.95. Speedy Global Holdings' value of 0.73 is 23.2% below this industry median. Based on the distribution chart, Speedy Global Holdings ranks #258 out of 635 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Speedy Global Holdings has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Speedy Global Holdings' Cyclically Adjusted PB Ratio compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Speedy Global Holdings ranks #258 out of 635 companies for Cyclically Adjusted PB Ratio. This puts Speedy Global Holdings in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.95. Speedy Global Holdings' value of 0.73 is 23.2% below this benchmark. Historically, Speedy Global Holdings' own Cyclically Adjusted PB Ratio has ranged from 0.01 to 0.97 over the past decade. While the company's 10-year median is 0.24 vs. the industry median of 0.95, Speedy Global 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 Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted PB Ratio among Manufacturing - Apparel & Accessories companies is 0.95, based on 635 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. Speedy Global Holdings's current Cyclically Adjusted PB Ratio of 0.73 is 23.2% 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 Speedy Global Holdings and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PB Ratio is 0.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Speedy Global Holdings's current Cyclically Adjusted PB Ratio is 0.73, which is 204% above median its own 10-year median of 0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Speedy Global Holdings stock overvalued right now?
Based on GuruFocus' analysis, Speedy Global Holdings (HKSE:00540) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.08, compared to a current price of HK$0.22 — trading 175% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.73, which is 204% above median its 10-year median of 0.24 and 23.2% below the Manufacturing - Apparel & Accessories industry median of 0.95. Speedy Global Holdings' overall GF Score™ is 46/100 with 7 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 Speedy Global Holdings (HKSE:00540), the current Cyclically Adjusted PB Ratio is 0.73 as of Sep. 10, 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 Speedy Global Holdings (HKSE:00540) Overvalued in 2026?

Based on GuruFocus' analysis, Speedy Global Holdings stock appears to be overvalued. The current stock price of HK$0.22 is trading 175% above its estimated GF Value™ of HK$0.08. GuruFocus considers Speedy Global Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:00540:

  • Cyclically Adjusted PB Ratio: 0.73 (204% above median its 10-year median of 0.24)
  • GF Value™: HK$0.08 vs. price of HK$0.22 (175% above fair value)
  • GF Score™: 46/100 with 7 warning signs
  • Industry Position: 23.2% below the Manufacturing - Apparel & Accessories median (#258 of 635)

No single metric tells the full story. See the HKSE:00540 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Speedy Global Holdings Business Description

Address No. 27 Huailin Road, 5th Floor, Block Two, Huaide Village, Humen Town, Dongguan, CHN
Speedy Global Holdings Ltd is engaged in the apparel supply chain servicing business which offers a wide range of woven wear, cut-and-sewn knitwear, and sweater knitwear products to a number of owners or agents of reputable brands. The single operating segment of the company is Apparel supply chain servicing business. The company derives all of its revenue from the Apparel supply chain servicing business. The company's revenue is mainly derived from customers located in China (including Hong Kong and the PRC).
46GF Score

Get the complete analysis for HKSE:00540

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

HK$0.22
Price
HK$0.08
GF Value