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WLS HoldingsHKSE:08021 +1.76%41 Cyclically Adjusted PB Ratio is 0.10 as of Sep. 01, 2026, which is 71% below its 10-year median of 0.35. GuruFocus rates HKSE:08021 with a GF Score™ of 41/100 and a GF Value™ of HK$0.66 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 257 Credit Services companies, WLS Holdings ranks better than 97.28% on this metric.
The historical rank and industry rank for WLS Holdings's Cyclically Adjusted PB Ratio or its related term are showing as below:
HKSE:08021'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.05 Med: 0.35 Max: 0.96
Current: 0.1
During the past 13 years, WLS Holdings's highest Cyclically Adjusted PB Ratio was 0.96. The lowest was 0.05. And the median was 0.35.
HKSE:08021's Cyclically Adjusted PB Ratio is ranked better than 97.28% of 257
companies
in the Credit Services industry
Industry Median: 0.89
vs HKSE:08021: 0.10
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.
WLS Holdings's adjusted book value per share data of for the fiscal year that ended in Apr25 was HK$1.051. 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$1.79 for the trailing ten years ended in Apr25.
Shiller PE for Stocks: The True Measure of Stock Valuation
WLS Holdings (HKSE:08021) 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.
WLS Holdings Cyclically Adjusted PB Ratio Related Terms
WLS Holdings Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for WLS 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.
HKSE:08021 vs V, MA, AXP: Cyclically Adjusted PB Ratio Comparison
For the Credit Services subindustry, WLS 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.
WLS Holdings Cyclically Adjusted PB Ratio vs Credit Services Industry
For the Credit Services industry and Financial Services sector, WLS Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where WLS Holdings's Cyclically Adjusted PB Ratio falls into.
WLS 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.
WLS Holdings's Cyclically Adjusted PB Ratio for today is calculated as
* 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.
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 0.10 mean?
WLS Holdings (HKSE:08021) has a Cyclically Adjusted PB Ratio of 0.10 as of Sep. 01, 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 WLS Holdings and its competitors. This is 71% below median its historical median of 0.35. Over the past decade, WLS Holdings' Cyclically Adjusted PB Ratio has ranged from 0.05 to 0.96. According to the industry distribution chart, WLS Holdings ranks #7 out of 257 companies in the Credit Services industry, placing it in the top 2.7%.
Is WLS Holdings' Cyclically Adjusted PB Ratio too high?
WLS Holdings' current Cyclically Adjusted PB Ratio of 0.10 is 71% below median its 10-year median of 0.35. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 0.96. The Credit Services industry median Cyclically Adjusted PB Ratio is 0.89. WLS Holdings' value of 0.10 is 88.8% below this industry median. Based on the distribution chart, WLS Holdings ranks #7 out of 257 companies in the Credit Services industry, which is in the top quartile — a strong position relative to peers. Overall, WLS Holdings has a GF Score™ of 41/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does WLS Holdings' Cyclically Adjusted PB Ratio compare to V and MA?
According to the Credit Services industry distribution chart, WLS Holdings ranks #7 out of 257 companies for Cyclically Adjusted PB Ratio. This places WLS Holdings in the top 3% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.89. WLS Holdings' value of 0.10 is 88.8% below this benchmark. Historically, WLS Holdings' own Cyclically Adjusted PB Ratio has ranged from 0.05 to 0.96 over the past decade. While the company's 10-year median is 0.35 vs. the industry median of 0.89, WLS 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 Credit Services company?
The median Cyclically Adjusted PB Ratio among Credit Services companies is 0.89, based on 257 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. WLS Holdings's current Cyclically Adjusted PB Ratio of 0.10 is 88.8% 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 WLS Holdings and its competitors. For the Credit Services industry, the median Cyclically Adjusted PB Ratio is 0.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WLS Holdings's current Cyclically Adjusted PB Ratio is 0.10, which is 71% below median its own 10-year median of 0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WLS Holdings stock overvalued right now?
Based on GuruFocus' analysis, WLS Holdings (HKSE:08021) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.66, compared to a current price of HK$0.17 — trading 73.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.10, which is 71% below median its 10-year median of 0.35 and 88.8% below the Credit Services industry median of 0.89. WLS Holdings' overall GF Score™ is 41/100 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 WLS Holdings (HKSE:08021), the current Cyclically Adjusted PB Ratio is 0.10 as of Sep. 01, 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 WLS Holdings (HKSE:08021) Overvalued in 2026?
Based on GuruFocus' analysis, WLS Holdings stock appears to be undervalued.
The current stock price of HK$0.17 is trading 73.8% below its estimated GF Value™ of HK$0.66.
GuruFocus considers WLS Holdings to be Possible Value Trap.
Key valuation signals for HKSE:08021:
Cyclically Adjusted PB Ratio: 0.10 (71% below median its 10-year median of 0.35)
GF Value™: HK$0.66 vs. price of HK$0.17 (73.8% below fair value)
Industry Position: 88.8% below the Credit Services median (#7 of 257)
No single metric tells the full story. See the HKSE:08021 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
WLS Holdings Ltd is a Hong Kong-based company engaged in providing construction services. The Group is organized into three operating segments the provision of scaffolding, fittingout and other auxiliary services for construction and buildings work; Money lending business; and Securities investment business. The group generates a majority of the revenue from the Money lending business segment. The Group's operations are located in Hong Kong and all of the Group's revenue were derived from Hong Kong.
41GF Score
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