CL Group (Holdings) (HKSE:08098) Cyclically Adjusted PB Ratio: 0.51 (As of Aug. 16, 2026) — Near Median

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What is CL Group (Holdings) Cyclically Adjusted PB Ratio?

CL Group (Holdings) HKSE:08098 Cyclically Adjusted PB Ratio is 0.51 as of Aug. 16, 2026, which is 9% above its 10-year median of 0.47. The stock has 3 warning signs investors should review. Among 595 Capital Markets companies, CL Group (Holdings) ranks better than 78.15% on this metric.

As of today (2026-08-16), CL Group (Holdings)'s current share price is HK$0.051. CL Group (Holdings)'s Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 was HK$0.10. CL Group (Holdings)'s Cyclically Adjusted PB Ratio for today is 0.51.

The historical rank and industry rank for CL Group (Holdings)'s Cyclically Adjusted PB Ratio or its related term are showing as below:

HKSE:08098' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.31   Med: 0.47   Max: 1.03
Current: 0.49

During the past 13 years, CL Group (Holdings)'s highest Cyclically Adjusted PB Ratio was 1.03. The lowest was 0.31. And the median was 0.47.

HKSE:08098's Cyclically Adjusted PB Ratio is ranked better than
78.15% of 595 companies
in the Capital Markets industry
Industry Median: 1.31 vs HKSE:08098: 0.49

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.

CL Group (Holdings)'s adjusted book value per share data of for the fiscal year that ended in Mar26 was HK$0.072. 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$0.10 for the trailing ten years ended in Mar26.

Shiller PE for Stocks: The True Measure of Stock Valuation


CL Group (Holdings)  (HKSE:08098) 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.


CL Group (Holdings) Cyclically Adjusted PB Ratio Related Terms


CL Group (Holdings) Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for CL Group (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.

CL Group (Holdings) Cyclically Adjusted PB Ratio Chart

CL Group (Holdings) Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.67 0.40 0.84 0.38 0.41

CL Group (Holdings) Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 0.84 0.41 0.38 0.00 0.41

HKSE:08098 vs MS, GS, SCHW: Cyclically Adjusted PB Ratio Comparison

For the Capital Markets subindustry, CL Group (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.


CL Group (Holdings) Cyclically Adjusted PB Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, CL Group (Holdings)'s Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where CL Group (Holdings)'s Cyclically Adjusted PB Ratio falls into.



CL Group (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.

CL Group (Holdings)'s Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.051/0.10
=0.51

* 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.

CL Group (Holdings)'s Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 is calculated as:

For example, CL Group (Holdings)'s adjusted Book Value per Share data for the fiscal year that ended in Mar26 was:

Adj_Book=Book Value per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=0.072/121.4731*121.4731
=0.072

Current CPI (Mar26) = 121.4731.

CL Group (Holdings) Annual Data

Book Value per Share CPI Adj_Book
201703 0.115 103.335 0.135
201803 0.112 105.973 0.128
201903 0.108 108.172 0.121
202003 0.107 110.920 0.117
202103 0.106 111.579 0.115
202203 0.091 113.558 0.097
202303 0.089 115.427 0.094
202403 0.083 117.735 0.086
202503 0.081 119.384 0.082
202603 0.072 121.473 0.072

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 0.51 mean?
CL Group (Holdings) (HKSE:08098) has a Cyclically Adjusted PB Ratio of 0.51 as of Aug. 16, 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 CL Group (Holdings) and its competitors. This is near median its historical median of 0.47. Over the past decade, CL Group (Holdings)'s Cyclically Adjusted PB Ratio has ranged from 0.31 to 1.03. According to the industry distribution chart, CL Group (Holdings) ranks #130 out of 595 companies in the Capital Markets industry, placing it in the top 21.8%.
Is CL Group (Holdings)'s Cyclically Adjusted PB Ratio too high?
CL Group (Holdings)'s current Cyclically Adjusted PB Ratio of 0.51 is near median its 10-year median of 0.47. Over the past 10 years, this metric has ranged from a low of 0.31 to a high of 1.03. The Capital Markets industry median Cyclically Adjusted PB Ratio is 1.31. CL Group (Holdings)'s value of 0.51 is 61.1% below this industry median. Based on the distribution chart, CL Group (Holdings) ranks #130 out of 595 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers.
How does CL Group (Holdings)'s Cyclically Adjusted PB Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, CL Group (Holdings) ranks #130 out of 595 companies for Cyclically Adjusted PB Ratio. This places CL Group (Holdings) in the top 22% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.31. CL Group (Holdings)'s value of 0.51 is 61.1% below this benchmark. Historically, CL Group (Holdings)'s own Cyclically Adjusted PB Ratio has ranged from 0.31 to 1.03 over the past decade. While the company's 10-year median is 0.47 vs. the industry median of 1.31, CL Group (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 Capital Markets company?
The median Cyclically Adjusted PB Ratio among Capital Markets companies is 1.31, based on 595 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. CL Group (Holdings)'s current Cyclically Adjusted PB Ratio of 0.51 is 61.1% 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 CL Group (Holdings) and its competitors. For the Capital Markets industry, the median Cyclically Adjusted PB Ratio is 1.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CL Group (Holdings)'s current Cyclically Adjusted PB Ratio is 0.51, which is near median its own 10-year median of 0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CL Group (Holdings) stock overvalued right now?
Based on GuruFocus' analysis, CL Group (Holdings) (HKSE:08098) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.05, compared to a current price of HK$0.05 — trading 2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.51, which is near median its 10-year median of 0.47 and 61.1% below the Capital Markets industry median of 1.31. 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 CL Group (Holdings) (HKSE:08098), the current Cyclically Adjusted PB Ratio is 0.51 as of Aug. 16, 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.

CL Group (Holdings) Business Description

Address 56 Gloucester Road, Room 16B, 16th Floor, Bank of East Asia Harbour View Centre, Wanchai, Hong Kong, HKG
CL Group (Holdings) Ltd is an investment holding company. The company is engaged in providing diversified financial services. Its operating segment includes Securities, futures and options brokering and trading; Placing and underwriting; Loan financing; Securities advisory service and Investment holding. It generates key revenue from the Securities, futures and options brokering and trading segment.