Goldpac Group (HKSE:03315) Cyclically Adjusted PB Ratio: (As of Sep. 20, 2026)

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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.
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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:03315 Goldpac Group Ltd HKSE:03315
45 GF Score
Price HK$0.61
GF Value HK$0.79
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Goldpac Group Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Goldpac Group  (HKSE:03315) 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.


Goldpac Group Cyclically Adjusted PB Ratio Related Terms


Goldpac Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Goldpac Group'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.

Goldpac Group Cyclically Adjusted PB Ratio Chart

Goldpac Group 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 0.65 0.55 0.51 0.34 0.28

Goldpac Group 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 0.44 0.34 0.31 0.28 0.23

HKSE:03315 vs MSFT, PLTR, ORCL: Cyclically Adjusted PB Ratio Comparison

For the Software - Infrastructure subindustry, Goldpac Group'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.


Goldpac Group Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, Goldpac Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


HKSE:03315
45GF Score
Goldpac Group Ltd HKSE:03315
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Goldpac Group 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.

Goldpac Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Goldpac Group'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)
=2.813/120.7036*120.7036
=2.813

Current CPI (Dec25) = 120.7036.

Goldpac Group Annual Data

Book Value per Share CPI Adj_Book
201612 2.541 103.225 2.971
201712 2.814 104.984 3.235
201812 2.743 107.622 3.076
201912 2.690 110.700 2.933
202012 2.869 109.711 3.156
202112 2.997 112.349 3.220
202212 2.865 114.548 3.019
202312 2.843 117.296 2.926
202412 2.677 118.945 2.717
202512 2.813 120.704 2.813

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 Goldpac Group (HKSE:03315) Overvalued in 2026?

Based on GuruFocus' analysis, Goldpac Group stock appears to be undervalued. The current stock price of HK$0.61 is trading 23.4% below its estimated GF Value™ of HK$0.79. GuruFocus considers Goldpac Group to be Modestly Undervalued.

Key valuation signals for HKSE:03315:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: HK$0.79 vs. price of HK$0.61 (23.4% below fair value)
  • GF Score™: 45/100 with 6 warning signs

No single metric tells the full story. See the HKSE:03315 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Goldpac Group Business Description

Other Exchanges G9D:Germany
Address No. 56 Gloucester Road, 13th Floor, Bank of East Asia, Room 1301, Harbour View Center, Wanchai, Hong Kong, HKG
Goldpac Group Ltd offers solutions to secure payment systems, embedded software and security products, data management services, card issuance systems, multi-function terminals, and custom turnkey solutions covering financial services. The operating segments of the group are Embedded software and secure payment products, which is the key revenue-driving segment, includes embedded software and secure payment products for smart secure payment; and the Platform and service segment which involves the provision of data processing, equipment, system platforms and other total solutions for customers in a wide business range including financial, government, healthcare, transportation and retails by leveraging Fintech.
45GF Score

Get the complete analysis for HKSE:03315

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

HK$0.61
Price
HK$0.79
GF Value