Shoucheng Holdings (HKSE:00697) Cyclically Adjusted PB Ratio: 0.49 (As of Sep. 14, 2026) — Near Median

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HKSE:00697 Shoucheng Holdings Ltd HKSE:00697
82 GF Score
Price HK$1.36
GF Value HK$1.94
Valuation Possible Value Trap
! 4 Warning Signs
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What is Shoucheng Holdings Cyclically Adjusted PB Ratio?

Shoucheng Holdings HKSE:00697 -1.81% 82 Cyclically Adjusted PB Ratio is 0.49 as of Sep. 14, 2026, which is 2% below its 10-year median of 0.50. GuruFocus rates HKSE:00697 with a GF Score™ of 82/100 and a GF Value™ of HK$1.94 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,239 Construction companies, Shoucheng Holdings ranks better than 78.05% on this metric.

As of today (2026-09-14), Shoucheng Holdings's current share price is HK$1.355. Shoucheng Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was HK$2.74. Shoucheng Holdings's Cyclically Adjusted PB Ratio for today is 0.49.

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

HKSE:00697' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.28   Med: 0.5   Max: 0.76
Current: 0.5

During the past years, Shoucheng Holdings's highest Cyclically Adjusted PB Ratio was 0.76. The lowest was 0.28. And the median was 0.50.

HKSE:00697's Cyclically Adjusted PB Ratio is ranked better than
78.05% of 1239 companies
in the Construction industry
Industry Median: 1.14 vs HKSE:00697: 0.50

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.

Shoucheng Holdings's adjusted book value per share data for the three months ended in Jun. 2026 was HK$1.254. 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$2.74 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shoucheng Holdings  (HKSE:00697) 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.


Shoucheng Holdings Cyclically Adjusted PB Ratio Related Terms


Shoucheng Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Shoucheng 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.

Shoucheng Holdings Cyclically Adjusted PB Ratio Chart

Shoucheng 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 0.00 0.00 0.45 0.31 0.69

Shoucheng Holdings Quarterly Data
Dec20 Jun21 Dec21 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 0.47 0.78 0.69 0.57 0.56

Shoucheng Holdings Cyclically Adjusted PB Ratio Competitor Comparison

For the Infrastructure Operations subindustry, Shoucheng 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.


Shoucheng Holdings Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Shoucheng Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


HKSE:00697
82GF Score
Shoucheng Holdings Ltd HKSE:00697
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shoucheng 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.355/2.74
=0.49

* 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.

Shoucheng Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Shoucheng Holdings'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)
=1.254/121.3631*121.3631
=1.254

Current CPI (Jun. 2026) = 121.3631.

Shoucheng Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201012 5.739 83.217 8.370
201106 5.817 86.185 8.191
201112 5.558 87.944 7.670
201206 5.125 89.373 6.959
201212 4.433 91.132 5.904
201306 3.928 93.001 5.126
201312 3.724 95.090 4.753
201406 3.169 96.409 3.989
201412 2.642 99.707 3.216
201506 1.969 99.267 2.407
201512 0.732 102.015 0.871
201606 0.262 101.686 0.313
201612 2.576 103.225 3.029
201706 2.715 103.664 3.179
201712 1.961 104.984 2.267
201806 1.941 106.193 2.218
201812 1.864 107.622 2.102
201906 1.719 109.601 1.903
201912 1.674 110.700 1.835
202006 1.610 110.590 1.767
202012 1.663 109.711 1.840
202106 1.430 111.360 1.558
202112 1.391 112.349 1.503
202206 1.462 113.448 1.564
202209 0.000 113.778 0.000
202212 1.364 114.548 1.445
202303 0.000 115.427 0.000
202306 1.261 115.647 1.323
202309 0.000 116.087 0.000
202312 1.355 117.296 1.402
202403 1.335 117.735 1.376
202406 1.379 117.296 1.427
202409 0.000 118.615 0.000
202412 1.293 118.945 1.319
202503 1.225 119.384 1.245
202506 1.259 119.055 1.283
202509 1.331 119.934 1.347
202512 1.329 120.704 1.336
202603 1.272 121.473 1.271
202606 1.254 121.363 1.254

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 0.49 mean?
Shoucheng Holdings (HKSE:00697) has a Cyclically Adjusted PB Ratio of 0.49 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 Shoucheng Holdings and its competitors. This is near median its historical median of 0.50. Over the past decade, Shoucheng Holdings' Cyclically Adjusted PB Ratio has ranged from 0.28 to 0.76. According to the industry distribution chart, Shoucheng Holdings ranks #272 out of 1239 companies in the Construction industry, placing it in the top 22%.
Is Shoucheng Holdings' Cyclically Adjusted PB Ratio too high?
Shoucheng Holdings' current Cyclically Adjusted PB Ratio of 0.49 is near median its 10-year median of 0.50. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 0.76. The Construction industry median Cyclically Adjusted PB Ratio is 1.14. Shoucheng Holdings' value of 0.49 is 57% below this industry median. Based on the distribution chart, Shoucheng Holdings ranks #272 out of 1239 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Shoucheng Holdings has a GF Score™ of 82/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shoucheng Holdings' Cyclically Adjusted PB Ratio compare to competitors?
According to the Construction industry distribution chart, Shoucheng Holdings ranks #272 out of 1239 companies for Cyclically Adjusted PB Ratio. This places Shoucheng Holdings in the top 22% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.14. Shoucheng Holdings' value of 0.49 is 57% below this benchmark. Historically, Shoucheng Holdings' own Cyclically Adjusted PB Ratio has ranged from 0.28 to 0.76 over the past decade. While the company's 10-year median is 0.50 vs. the industry median of 1.14, Shoucheng 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 Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.14, based on 1,239 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. Shoucheng Holdings's current Cyclically Adjusted PB Ratio of 0.49 is 57% 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 Shoucheng Holdings and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shoucheng Holdings's current Cyclically Adjusted PB Ratio is 0.49, which is near median its own 10-year median of 0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shoucheng Holdings stock overvalued right now?
Based on GuruFocus' analysis, Shoucheng Holdings (HKSE:00697) is currently considered Possible Value Trap. The stock's GF Value™ is HK$1.94, compared to a current price of HK$1.36 — trading 30.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.49, which is near median its 10-year median of 0.50 and 57% below the Construction industry median of 1.14. Shoucheng Holdings' overall GF Score™ is 82/100 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 Shoucheng Holdings (HKSE:00697), the current Cyclically Adjusted PB Ratio is 0.49 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.

Is Shoucheng Holdings (HKSE:00697) Overvalued in 2026?

Based on GuruFocus' analysis, Shoucheng Holdings stock appears to be undervalued. The current stock price of HK$1.36 is trading 30.2% below its estimated GF Value™ of HK$1.94. GuruFocus considers Shoucheng Holdings to be Possible Value Trap.

Key valuation signals for HKSE:00697:

  • Cyclically Adjusted PB Ratio: 0.49 (near median its 10-year median of 0.50)
  • GF Value™: HK$1.94 vs. price of HK$1.36 (30.2% below fair value)
  • GF Score™: 82/100 with 4 warning signs
  • Industry Position: 57% below the Construction median (#272 of 1239)

No single metric tells the full story. See the HKSE:00697 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shoucheng Holdings Business Description

Other Exchanges SHVA:Germany
Address 56 Gloucester Road, 7th Floor, Bank of East Asia Harbour View Centre, Wanchai, Hong Kong, HKG
Shoucheng Holdings Ltd is engaged in the operation and management of car parking assets; and the management of private funds oriented towards urban development. The principal activity of the Company is investment holding. The Group's revenue comes from asset operations and FIME. The operations of the comany operates in areas including parking management, industrial space management, REITs investment and consulting, and equity investment.
82GF Score

Get the complete analysis for HKSE:00697

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

HK$1.36
Price
HK$1.94
GF Value