Victory Giant Technology (HuiZhou)Co (HKSE:02476) Cyclically Adjusted PB Ratio: 25.35 (As of Sep. 03, 2026) — 169% Above Median

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HKSE:02476 Victory Giant Technology (HuiZhou)Co Ltd HKSE:02476
71 GF Score
Price HK$201.00
GF Value HK$129.85
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Victory Giant Technology (HuiZhou)Co Cyclically Adjusted PB Ratio?

Victory Giant Technology (HuiZhou)Co HKSE:02476 -0.40% 71 Cyclically Adjusted PB Ratio is 25.35 as of Sep. 03, 2026, which is 169% above its 10-year median of 9.44. GuruFocus rates HKSE:02476 with a GF Score™ of 71/100 and a GF Value™ of HK$129.85 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,928 Hardware companies, Victory Giant Technology (HuiZhou)Co ranks worse than 98.24% on this metric.

As of today (2026-09-03), Victory Giant Technology (HuiZhou)Co's current share price is HK$201.00. Victory Giant Technology (HuiZhou)Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was HK$7.93. Victory Giant Technology (HuiZhou)Co's Cyclically Adjusted PB Ratio for today is 25.35.

The historical rank and industry rank for Victory Giant Technology (HuiZhou)Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

HKSE:02476' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.28   Med: 9.44   Max: 59.68
Current: 29.63

During the past years, Victory Giant Technology (HuiZhou)Co's highest Cyclically Adjusted PB Ratio was 59.68. The lowest was 3.28. And the median was 9.44.

HKSE:02476's Cyclically Adjusted PB Ratio is ranked worse than
98.24% of 1928 companies
in the Hardware industry
Industry Median: 2.08 vs HKSE:02476: 29.63

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.

Victory Giant Technology (HuiZhou)Co's adjusted book value per share data for the three months ended in Jun. 2026 was HK$44.619. 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$7.93 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Victory Giant Technology (HuiZhou)Co  (HKSE:02476) 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.


Victory Giant Technology (HuiZhou)Co Cyclically Adjusted PB Ratio Related Terms


Victory Giant Technology (HuiZhou)Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Victory Giant Technology (HuiZhou)Co'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.

Victory Giant Technology (HuiZhou)Co Cyclically Adjusted PB Ratio Chart

Victory Giant Technology (HuiZhou)Co 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 4.02 8.15 43.92

Victory Giant Technology (HuiZhou)Co Quarterly Data
Sep21 Dec21 Mar22 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 23.60 46.76 43.92 36.01 44.05

HKSE:02476 vs APH, GLW, TEL: Cyclically Adjusted PB Ratio Comparison

For the Electronic Components subindustry, Victory Giant Technology (HuiZhou)Co'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.


Victory Giant Technology (HuiZhou)Co Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Victory Giant Technology (HuiZhou)Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Victory Giant Technology (HuiZhou)Co's Cyclically Adjusted PB Ratio falls into.


HKSE:02476
71GF Score
Victory Giant Technology (HuiZhou)Co Ltd HKSE:02476
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Victory Giant Technology (HuiZhou)Co 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.

Victory Giant Technology (HuiZhou)Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=201.00/7.93
=25.35

* 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.

Victory Giant Technology (HuiZhou)Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Victory Giant Technology (HuiZhou)Co'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)
=44.619/116.0564*116.0564
=44.619

Current CPI (Jun. 2026) = 116.0564.

Victory Giant Technology (HuiZhou)Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 2.374 102.400 2.691
201612 2.412 102.600 2.728
201703 2.495 103.200 2.806
201706 2.655 103.100 2.989
201709 4.029 104.100 4.492
201712 4.153 104.500 4.612
201803 4.286 105.300 4.724
201806 4.367 104.900 4.831
201809 4.291 106.600 4.672
201812 4.392 106.500 4.786
201903 4.613 107.700 4.971
201906 4.463 107.700 4.809
201909 4.528 109.800 4.786
201912 4.750 111.200 4.957
202003 4.869 112.300 5.032
202006 5.037 110.400 5.295
202009 5.272 111.700 5.478
202012 5.688 111.500 5.920
202103 6.002 112.662 6.183
202106 6.199 111.769 6.437
202109 5.890 112.215 6.092
202112 8.889 113.108 9.121
202203 9.211 114.335 9.350
202206 8.992 114.558 9.110
202209 8.566 115.339 8.619
202212 8.979 115.116 9.052
202303 9.300 115.116 9.376
202306 9.068 114.558 9.187
202309 9.221 115.339 9.278
202312 9.668 114.781 9.775
202403 9.792 115.227 9.862
202406 9.915 114.781 10.025
202409 10.596 115.785 10.621
202412 11.049 114.893 11.161
202503 12.341 115.116 12.442
202506 13.881 114.907 14.020
202509 19.049 115.471 19.146
202512 21.093 115.832 21.134
202603 20.409 116.303 20.366
202606 44.619 116.056 44.619

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 25.35 mean?
Victory Giant Technology (HuiZhou)Co (HKSE:02476) has a Cyclically Adjusted PB Ratio of 25.35 as of Sep. 03, 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 Victory Giant Technology (HuiZhou)Co and its competitors. This is 169% above median its historical median of 9.44. Over the past decade, Victory Giant Technology (HuiZhou)Co's Cyclically Adjusted PB Ratio has ranged from 3.28 to 59.68. According to the industry distribution chart, Victory Giant Technology (HuiZhou)Co ranks #1894 out of 1928 companies in the Hardware industry, placing it in the top 98.2%.
Is Victory Giant Technology (HuiZhou)Co's Cyclically Adjusted PB Ratio too high?
Victory Giant Technology (HuiZhou)Co's current Cyclically Adjusted PB Ratio of 25.35 is 169% above median its 10-year median of 9.44. Over the past 10 years, this metric has ranged from a low of 3.28 to a high of 59.68. The Hardware industry median Cyclically Adjusted PB Ratio is 2.08. Victory Giant Technology (HuiZhou)Co's value of 25.35 is 1118.8% above this industry median. Based on the distribution chart, Victory Giant Technology (HuiZhou)Co ranks #1894 out of 1928 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Victory Giant Technology (HuiZhou)Co has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Victory Giant Technology (HuiZhou)Co's Cyclically Adjusted PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Victory Giant Technology (HuiZhou)Co ranks #1894 out of 1928 companies for Cyclically Adjusted PB Ratio. This places Victory Giant Technology (HuiZhou)Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.08. Victory Giant Technology (HuiZhou)Co's value of 25.35 is 1118.8% above this benchmark. Historically, Victory Giant Technology (HuiZhou)Co's own Cyclically Adjusted PB Ratio has ranged from 3.28 to 59.68 over the past decade. While the company's 10-year median is 9.44 vs. the industry median of 2.08, Victory Giant Technology (HuiZhou)Co has consistently been above 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 Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.08, based on 1,928 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. Victory Giant Technology (HuiZhou)Co's current Cyclically Adjusted PB Ratio of 25.35 is 1118.8% above 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 Victory Giant Technology (HuiZhou)Co and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Victory Giant Technology (HuiZhou)Co's current Cyclically Adjusted PB Ratio is 25.35, which is 169% above median its own 10-year median of 9.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Victory Giant Technology (HuiZhou)Co stock overvalued right now?
Based on GuruFocus' analysis, Victory Giant Technology (HuiZhou)Co (HKSE:02476) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$129.85, compared to a current price of HK$201.00 — trading 54.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 25.35, which is 169% above median its 10-year median of 9.44 and 1118.8% above the Hardware industry median of 2.08. Victory Giant Technology (HuiZhou)Co's overall GF Score™ is 71/100 with 2 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 Victory Giant Technology (HuiZhou)Co (HKSE:02476), the current Cyclically Adjusted PB Ratio is 25.35 as of Sep. 03, 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 Victory Giant Technology (HuiZhou)Co (HKSE:02476) Overvalued in 2026?

Based on GuruFocus' analysis, Victory Giant Technology (HuiZhou)Co stock appears to be overvalued. The current stock price of HK$201.00 is trading 54.8% above its estimated GF Value™ of HK$129.85. GuruFocus considers Victory Giant Technology (HuiZhou)Co to be Significantly Overvalued.

Key valuation signals for HKSE:02476:

  • Cyclically Adjusted PB Ratio: 25.35 (169% above median its 10-year median of 9.44)
  • GF Value™: HK$129.85 vs. price of HK$201.00 (54.8% above fair value)
  • GF Score™: 71/100 with 2 warning signs
  • Industry Position: 1118.8% above the Hardware median (#1894 of 1928)

No single metric tells the full story. See the HKSE:02476 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Victory Giant Technology (HuiZhou)Co Business Description

Other Exchanges U4I:Germany300476:China
Address Xingcheng Technology Park, Danshui Town, Xinqiao Village, Huiyang District, Guangdong, Huizhou, CHN, 516211
Victory Giant Technology (HuiZhou)Co Ltd is a China-based company principally engaged in the research and development, manufacture, and sale of printed circuit boards (PCBs). The company's products are widely used in LED displays, servers, communications, medical equipment, new energy vehicles, computer peripherals, and other fields. The company's main products include double-sided PCBs and continuous layer PCBs.
71GF Score

Get the complete analysis for HKSE:02476

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

HK$201.00
Price
HK$129.85
GF Value