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Futian HoldingsHKSE:08196 +7.10%41 Cyclically Adjusted PB Ratio is 0.16 as of Sep. 13, 2026, which is 7% above its 10-year median of 0.15. GuruFocus rates HKSE:08196 with a GF Score™ of 41/100 and a GF Value™ of HK$0.96 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 156 Waste Management companies, Futian Holdings ranks better than 95.51% on this metric.
The historical rank and industry rank for Futian Holdings's Cyclically Adjusted PB Ratio or its related term are showing as below:
HKSE:08196'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.06 Med: 0.15 Max: 0.73
Current: 0.16
During the past 12 years, Futian Holdings's highest Cyclically Adjusted PB Ratio was 0.73. The lowest was 0.06. And the median was 0.15.
HKSE:08196's Cyclically Adjusted PB Ratio is ranked better than 95.51% of 156
companies
in the Waste Management industry
Industry Median: 1.71
vs HKSE:08196: 0.16
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.
Futian Holdings's adjusted book value per share data of for the fiscal year that ended in Dec25 was HK$1.822. 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$5.04 for the trailing ten years ended in Dec25.
Shiller PE for Stocks: The True Measure of Stock Valuation
Futian Holdings (HKSE:08196) 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.
Futian Holdings Cyclically Adjusted PB Ratio Related Terms
Futian Holdings Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for Futian 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.
Futian Holdings Cyclically Adjusted PB Ratio Chart
HKSE:08196 vs WM, RSG, WCN: Cyclically Adjusted PB Ratio Comparison
For the Waste Management subindustry, Futian 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.
Futian Holdings Cyclically Adjusted PB Ratio vs Waste Management Industry
For the Waste Management industry and Industrials sector, Futian Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Futian Holdings's Cyclically Adjusted PB Ratio falls into.
Futian 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.
Futian 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 0.16 mean?
Futian Holdings (HKSE:08196) has a Cyclically Adjusted PB Ratio of 0.16 as of Sep. 13, 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 Futian Holdings and its competitors. This is near median its historical median of 0.15. Over the past decade, Futian Holdings' Cyclically Adjusted PB Ratio has ranged from 0.06 to 0.73. According to the industry distribution chart, Futian Holdings ranks #7 out of 156 companies in the Waste Management industry, placing it in the top 4.5%.
Is Futian Holdings' Cyclically Adjusted PB Ratio too high?
Futian Holdings' current Cyclically Adjusted PB Ratio of 0.16 is near median its 10-year median of 0.15. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 0.73. The Waste Management industry median Cyclically Adjusted PB Ratio is 1.71. Futian Holdings' value of 0.16 is 90.6% below this industry median. Based on the distribution chart, Futian Holdings ranks #7 out of 156 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, Futian Holdings has a GF Score™ of 41/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Futian Holdings' Cyclically Adjusted PB Ratio compare to WM and RSG?
According to the Waste Management industry distribution chart, Futian Holdings ranks #7 out of 156 companies for Cyclically Adjusted PB Ratio. This places Futian Holdings in the top 5% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.71. Futian Holdings' value of 0.16 is 90.6% below this benchmark. Historically, Futian Holdings' own Cyclically Adjusted PB Ratio has ranged from 0.06 to 0.73 over the past decade. While the company's 10-year median is 0.15 vs. the industry median of 1.71, Futian 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 Waste Management company?
The median Cyclically Adjusted PB Ratio among Waste Management companies is 1.71, based on 156 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. Futian Holdings's current Cyclically Adjusted PB Ratio of 0.16 is 90.6% 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 Futian Holdings and its competitors. For the Waste Management industry, the median Cyclically Adjusted PB Ratio is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Futian Holdings's current Cyclically Adjusted PB Ratio is 0.16, which is near median its own 10-year median of 0.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Futian Holdings stock overvalued right now?
Based on GuruFocus' analysis, Futian Holdings (HKSE:08196) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.96, compared to a current price of HK$0.83 — trading 13.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.16, which is near median its 10-year median of 0.15 and 90.6% below the Waste Management industry median of 1.71. Futian Holdings' overall GF Score™ is 41/100 with 7 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 Futian Holdings (HKSE:08196), the current Cyclically Adjusted PB Ratio is 0.16 as of Sep. 13, 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 Futian Holdings (HKSE:08196) Overvalued in 2026?
Based on GuruFocus' analysis, Futian Holdings stock appears to be undervalued.
The current stock price of HK$0.83 is trading 13.5% below its estimated GF Value™ of HK$0.96.
GuruFocus considers Futian Holdings to be Modestly Undervalued.
Key valuation signals for HKSE:08196:
Cyclically Adjusted PB Ratio: 0.16 (near median its 10-year median of 0.15)
GF Value™: HK$0.96 vs. price of HK$0.83 (13.5% below fair value)
Industry Position: 90.6% below the Waste Management median (#7 of 156)
No single metric tells the full story. See the HKSE:08196 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Futian Holdings Ltd is an investment holding company. It is principally engaged in environmental protection business, such as wastewater treatment and soil remediation, through design, construction, operation and maintenance service of related facilities; trading of related equipments; provision of online advertising and related services for online games; and property leasing and sub-leasing. in the environmental protection business. It has six reportable segments engineering, procurement and construction project (EPC Projects); equipment; service concession arrangement; the advertising; property leasing; and Others segment of which majority of revenue comes from EPC Projects segment comprises of the overall design, procurement and construction of sludge or wastewater treatment facilities.
41GF Score
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