CircuTech International Holdings (HKSE:08051) Cyclically Adjusted PB Ratio: 0.38 (As of Aug. 23, 2026) — 65% Below Median

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HKSE:08051 CircuTech International Holdings Ltd HKSE:08051
60 GF Score
Price HK$2.47
GF Value HK$4.83
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is CircuTech International Holdings Cyclically Adjusted PB Ratio?

CircuTech International Holdings HKSE:08051 60 Cyclically Adjusted PB Ratio is 0.38 as of Aug. 23, 2026, which is 65% below its 10-year median of 1.08. GuruFocus rates HKSE:08051 with a GF Score™ of 60/100 and a GF Value™ of HK$4.83 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 717 Business Services companies, CircuTech International Holdings ranks better than 88.42% on this metric.

As of today (2026-08-23), CircuTech International Holdings's current share price is HK$2.465. CircuTech International Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was HK$6.42. CircuTech International Holdings's Cyclically Adjusted PB Ratio for today is 0.38.

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

HKSE:08051' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.36   Med: 1.08   Max: 11.19
Current: 0.38

During the past 13 years, CircuTech International Holdings's highest Cyclically Adjusted PB Ratio was 11.19. The lowest was 0.36. And the median was 1.08.

HKSE:08051's Cyclically Adjusted PB Ratio is ranked better than
88.42% of 717 companies
in the Business Services industry
Industry Median: 1.53 vs HKSE:08051: 0.38

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.

CircuTech International Holdings's adjusted book value per share data of for the fiscal year that ended in Dec25 was HK$6.589. 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$6.42 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


CircuTech International Holdings  (HKSE:08051) 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.


CircuTech International Holdings Cyclically Adjusted PB Ratio Related Terms


CircuTech International Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for CircuTech International 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.

CircuTech International Holdings Cyclically Adjusted PB Ratio Chart

CircuTech International Holdings Annual Data
Trend Jun16 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 0.99 0.56 0.58 0.65 0.49

CircuTech International Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.58 0.52 0.65 0.00 0.49

HKSE:08051 vs ALLE, MSA, ADT: Cyclically Adjusted PB Ratio Comparison

For the Security & Protection Services subindustry, CircuTech International 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.


CircuTech International Holdings Cyclically Adjusted PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, CircuTech International Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


HKSE:08051
60GF Score
CircuTech International Holdings Ltd HKSE:08051
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CircuTech International 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.465/6.42
=0.38

* 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.

CircuTech International Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, CircuTech International 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)
=6.589/120.7036*120.7036
=6.589

Current CPI (Dec25) = 120.7036.

CircuTech International Holdings Annual Data

Book Value per Share CPI Adj_Book
201606 3.785 101.686 4.493
201712 6.343 104.984 7.293
201812 5.637 107.622 6.322
201912 5.712 110.700 6.228
202012 6.198 109.711 6.819
202112 6.231 112.349 6.694
202212 6.324 114.548 6.664
202312 6.641 117.296 6.834
202412 6.207 118.945 6.299
202512 6.589 120.704 6.589

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 0.38 mean?
CircuTech International Holdings (HKSE:08051) has a Cyclically Adjusted PB Ratio of 0.38 as of Aug. 23, 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 CircuTech International Holdings and its competitors. This is 65% below median its historical median of 1.08. Over the past decade, CircuTech International Holdings' Cyclically Adjusted PB Ratio has ranged from 0.36 to 11.19. According to the industry distribution chart, CircuTech International Holdings ranks #83 out of 717 companies in the Business Services industry, placing it in the top 11.6%.
Is CircuTech International Holdings' Cyclically Adjusted PB Ratio too high?
CircuTech International Holdings' current Cyclically Adjusted PB Ratio of 0.38 is 65% below median its 10-year median of 1.08. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 11.19. The Business Services industry median Cyclically Adjusted PB Ratio is 1.53. CircuTech International Holdings' value of 0.38 is 75.2% below this industry median. Based on the distribution chart, CircuTech International Holdings ranks #83 out of 717 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, CircuTech International Holdings has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does CircuTech International Holdings' Cyclically Adjusted PB Ratio compare to ALLE and MSA?
According to the Business Services industry distribution chart, CircuTech International Holdings ranks #83 out of 717 companies for Cyclically Adjusted PB Ratio. This places CircuTech International Holdings in the top 12% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.53. CircuTech International Holdings' value of 0.38 is 75.2% below this benchmark. Historically, CircuTech International Holdings' own Cyclically Adjusted PB Ratio has ranged from 0.36 to 11.19 over the past decade. While the company's 10-year median is 1.08 vs. the industry median of 1.53, CircuTech International 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 Business Services company?
The median Cyclically Adjusted PB Ratio among Business Services companies is 1.53, based on 717 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. CircuTech International Holdings's current Cyclically Adjusted PB Ratio of 0.38 is 75.2% 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 CircuTech International Holdings and its competitors. For the Business Services industry, the median Cyclically Adjusted PB Ratio is 1.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CircuTech International Holdings's current Cyclically Adjusted PB Ratio is 0.38, which is 65% below median its own 10-year median of 1.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CircuTech International Holdings stock overvalued right now?
Based on GuruFocus' analysis, CircuTech International Holdings (HKSE:08051) is currently considered Possible Value Trap. The stock's GF Value™ is HK$4.83, compared to a current price of HK$2.47 — trading 49% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.38, which is 65% below median its 10-year median of 1.08 and 75.2% below the Business Services industry median of 1.53. CircuTech International Holdings' overall GF Score™ is 60/100 with 3 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 CircuTech International Holdings (HKSE:08051), the current Cyclically Adjusted PB Ratio is 0.38 as of Aug. 23, 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 CircuTech International Holdings (HKSE:08051) Overvalued in 2026?

Based on GuruFocus' analysis, CircuTech International Holdings stock appears to be undervalued. The current stock price of HK$2.47 is trading 49% below its estimated GF Value™ of HK$4.83. GuruFocus considers CircuTech International Holdings to be Possible Value Trap.

Key valuation signals for HKSE:08051:

  • Cyclically Adjusted PB Ratio: 0.38 (65% below median its 10-year median of 1.08)
  • GF Value™: HK$4.83 vs. price of HK$2.47 (49% below fair value)
  • GF Score™: 60/100 with 3 warning signs
  • Industry Position: 75.2% below the Business Services median (#83 of 717)

No single metric tells the full story. See the HKSE:08051 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CircuTech International Holdings Business Description

Address 1 Matheson Street, Causeway Bay, 31th Floor, Tower Two, Times Square, Hong Kong, HKG
CircuTech International Holdings Ltd is engaged in the business of research and development and the sale and marketing of video surveillance systems. Its segments of the company are Sales and distribution of IT products, and the provision of repairs and other service support of IT products. The firm generates the majority of its revenue from the sales and distribution of the IT products business segment, which focuses on distributing used and refurbished IT units, facilitated through an extensive wholesale network covering North America, Asia, and Australia. Geographically, it derives the majority of its revenue from Hong Kong.
60GF Score

Get the complete analysis for HKSE:08051

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

HK$2.47
Price
HK$4.83
GF Value