China Environmental Technology and Bioenergy Holdings (HKSE:01237) Cyclically Adjusted PB Ratio: (As of Sep. 21, 2026)

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Director of Data and Quant Analytics at GuruFocus
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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:01237 China Environmental Technology and Bioenergy Holdings Ltd HKSE:01237
34 GF Score
Price HK$0.80
GF Value HK$0.52
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is China Environmental Technology and Bioenergy Holdings Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation

China Environmental Technology and Bioenergy Holdings  (HKSE:01237) 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.

China Environmental Technology and Bioenergy Holdings Cyclically Adjusted PB Ratio Related Terms

China Environmental Technology and Bioenergy Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for China Environmental Technology and Bioenergy 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.

China Environmental Technology and Bioenergy Holdings Cyclically Adjusted PB Ratio Chart

China Environmental Technology and Bioenergy 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 0.04 0.03 0.02 0.02 0.06

China Environmental Technology and Bioenergy 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 0.02 0.02 0.02 0.06 0.05

HKSE:01237 vs SN, SGI, MHK: Cyclically Adjusted PB Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, China Environmental Technology and Bioenergy 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.

China Environmental Technology and Bioenergy Holdings Cyclically Adjusted PB Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, China Environmental Technology and Bioenergy Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where China Environmental Technology and Bioenergy Holdings's Cyclically Adjusted PB Ratio falls into.


HKSE:01237
34GF Score
China Environmental Technology and Bioenergy Holdings Ltd HKSE:01237
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Environmental Technology and Bioenergy 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.

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

For example, China Environmental Technology and Bioenergy 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)
=10.632/115.8323*115.8323
=10.632

Current CPI (Dec25) = 115.8323.

China Environmental Technology and Bioenergy Holdings Annual Data

Book Value per Share CPI Adj_Book
201612 24.462 102.600 27.617
201712 21.973 104.500 24.356
201812 17.549 106.500 19.087
201912 16.039 111.200 16.707
202012 12.293 111.500 12.771
202112 12.593 113.108 12.896
202212 10.728 115.116 10.795
202312 10.425 114.781 10.520
202412 10.105 114.893 10.188
202512 10.632 115.832 10.632

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.

Is China Environmental Technology and Bioenergy Holdings (HKSE:01237) Overvalued in 2026?

Based on GuruFocus' analysis, China Environmental Technology and Bioenergy Holdings stock appears to be overvalued. The current stock price of HK$0.80 is trading 53.8% above its estimated GF Value™ of HK$0.52. GuruFocus considers China Environmental Technology and Bioenergy Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:01237:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: HK$0.52 vs. price of HK$0.80 (53.8% above fair value)
  • GF Score™: 34/100 with 5 warning signs

No single metric tells the full story. See the HKSE:01237 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

China Environmental Technology and Bioenergy Holdings Business Description

Address Fushan Industrial District, Fujian, Zhangping, CHN
China Environmental Technology and Bioenergy Holdings Ltd is engaged in manufacturing and sales of wooden products and manufacturing and sales of renewable energy products. Its renewable energy business focuses on the recycling of leftover sawdust from the production of wooden products into biomass pellet fuel. Its segments include the manufacturing and sales of outdoor wooden products, and manufacturing and sales of renewable energy products. It derives the majority of revenue from the manufacturing and sales of outdoor wooden products. Geographically, it operates in The People's Republic of China, Australasia, North America, Europe, and Asia Pacific (exclusive of the PRC) with majority of revenue deriving from Australasia.
34GF Score

Get the complete analysis for HKSE:01237

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

HK$0.80
Price
HK$0.52
GF Value