Mi Ming Mart Holdings (HKSE:08473) Cyclically Adjusted PB Ratio: 0.92 (As of Sep. 05, 2026) — 21% Below Median

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HKSE:08473 Mi Ming Mart Holdings Ltd HKSE:08473
49 GF Score
Price HK$0.10
GF Value HK$0.10
Valuation Fairly Valued
! 8 Warning Signs
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What is Mi Ming Mart Holdings Cyclically Adjusted PB Ratio?

Mi Ming Mart Holdings HKSE:08473 49 Cyclically Adjusted PB Ratio is 0.92 as of Sep. 05, 2026, which is 21% below its 10-year median of 1.17. GuruFocus rates HKSE:08473 with a GF Score™ of 49/100 and a GF Value™ of HK$0.10 (Fairly Valued). The stock has 8 warning signs investors should review. Among 756 Retail - Cyclical companies, Mi Ming Mart Holdings ranks better than 57.28% on this metric.

As of today (2026-09-05), Mi Ming Mart Holdings's current share price is HK$0.101. Mi Ming Mart Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 was HK$0.11. Mi Ming Mart Holdings's Cyclically Adjusted PB Ratio for today is 0.92.

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

HKSE:08473' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.86   Med: 1.17   Max: 1.58
Current: 0.93

During the past 12 years, Mi Ming Mart Holdings's highest Cyclically Adjusted PB Ratio was 1.58. The lowest was 0.86. And the median was 1.17.

HKSE:08473's Cyclically Adjusted PB Ratio is ranked better than
57.28% of 756 companies
in the Retail - Cyclical industry
Industry Median: 1.24 vs HKSE:08473: 0.93

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.

Mi Ming Mart Holdings's adjusted book value per share data of for the fiscal year that ended in Mar26 was HK$0.068. 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$0.11 for the trailing ten years ended in Mar26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mi Ming Mart Holdings  (HKSE:08473) 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.


Mi Ming Mart Holdings Cyclically Adjusted PB Ratio Related Terms


Mi Ming Mart Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Mi Ming Mart 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.

Mi Ming Mart Holdings Cyclically Adjusted PB Ratio Chart

Mi Ming Mart 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 0.00 0.00 1.40 1.35 1.08

Mi Ming Mart 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 1.40 0.00 1.35 0.00 1.08

HKSE:08473 vs CASY, WSM, ULTA: Cyclically Adjusted PB Ratio Comparison

For the Specialty Retail subindustry, Mi Ming Mart 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.


Mi Ming Mart Holdings Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Mi Ming Mart Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Mi Ming Mart Holdings's Cyclically Adjusted PB Ratio falls into.


HKSE:08473
49GF Score
Mi Ming Mart Holdings Ltd HKSE:08473
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mi Ming Mart 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.

Mi Ming Mart Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.101/0.11
=0.92

* 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.

Mi Ming Mart Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 is calculated as:

For example, Mi Ming Mart 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)
=0.068/121.4731*121.4731
=0.068

Current CPI (Mar26) = 121.4731.

Mi Ming Mart Holdings Annual Data

Book Value per Share CPI Adj_Book
201703 0.024 103.335 0.028
201803 0.088 105.973 0.101
201903 0.104 108.172 0.117
202003 0.112 110.920 0.123
202103 0.136 111.579 0.148
202203 0.130 113.558 0.139
202303 0.129 115.427 0.136
202403 0.127 117.735 0.131
202503 0.093 119.384 0.095
202603 0.068 121.473 0.068

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 0.92 mean?
Mi Ming Mart Holdings (HKSE:08473) has a Cyclically Adjusted PB Ratio of 0.92 as of Sep. 05, 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 Mi Ming Mart Holdings and its competitors. This is 21% below median its historical median of 1.17. Over the past decade, Mi Ming Mart Holdings' Cyclically Adjusted PB Ratio has ranged from 0.86 to 1.58. According to the industry distribution chart, Mi Ming Mart Holdings ranks #323 out of 756 companies in the Retail - Cyclical industry, placing it in the top 42.7%.
Is Mi Ming Mart Holdings' Cyclically Adjusted PB Ratio too high?
Mi Ming Mart Holdings' current Cyclically Adjusted PB Ratio of 0.92 is 21% below median its 10-year median of 1.17. Over the past 10 years, this metric has ranged from a low of 0.86 to a high of 1.58. The Retail - Cyclical industry median Cyclically Adjusted PB Ratio is 1.24. Mi Ming Mart Holdings' value of 0.92 is 25.8% below this industry median. Based on the distribution chart, Mi Ming Mart Holdings ranks #323 out of 756 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Mi Ming Mart Holdings has a GF Score™ of 49/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mi Ming Mart Holdings' Cyclically Adjusted PB Ratio compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Mi Ming Mart Holdings ranks #323 out of 756 companies for Cyclically Adjusted PB Ratio. This puts Mi Ming Mart Holdings in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.24. Mi Ming Mart Holdings' value of 0.92 is 25.8% below this benchmark. Historically, Mi Ming Mart Holdings' own Cyclically Adjusted PB Ratio has ranged from 0.86 to 1.58 over the past decade. While the company's 10-year median is 1.17 vs. the industry median of 1.24, Mi Ming Mart 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 Retail - Cyclical company?
The median Cyclically Adjusted PB Ratio among Retail - Cyclical companies is 1.24, based on 756 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. Mi Ming Mart Holdings's current Cyclically Adjusted PB Ratio of 0.92 is 25.8% 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 Mi Ming Mart Holdings and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PB Ratio is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mi Ming Mart Holdings's current Cyclically Adjusted PB Ratio is 0.92, which is 21% below median its own 10-year median of 1.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mi Ming Mart Holdings stock overvalued right now?
Based on GuruFocus' analysis, Mi Ming Mart Holdings (HKSE:08473) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.10, compared to a current price of HK$0.10 — trading 1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.92, which is 21% below median its 10-year median of 1.17 and 25.8% below the Retail - Cyclical industry median of 1.24. Mi Ming Mart Holdings' overall GF Score™ is 49/100 with 8 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 Mi Ming Mart Holdings (HKSE:08473), the current Cyclically Adjusted PB Ratio is 0.92 as of Sep. 05, 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 Mi Ming Mart Holdings (HKSE:08473) Overvalued in 2026?

Based on GuruFocus' analysis, Mi Ming Mart Holdings stock appears to be overvalued. The current stock price of HK$0.10 is trading 1% above its estimated GF Value™ of HK$0.10. GuruFocus considers Mi Ming Mart Holdings to be Fairly Valued.

Key valuation signals for HKSE:08473:

  • Cyclically Adjusted PB Ratio: 0.92 (21% below median its 10-year median of 1.17)
  • GF Value™: HK$0.10 vs. price of HK$0.10 (1% above fair value)
  • GF Score™: 49/100 with 8 warning signs
  • Industry Position: 25.8% below the Retail - Cyclical median (#323 of 756)

No single metric tells the full story. See the HKSE:08473 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mi Ming Mart Holdings Business Description

Address 18 Pennington Street, 16th Floor, Guangdong Tours Centre, Hong Kong, HKG
Mi Ming Mart Holdings Ltd is an investment holding company. Along with its subsidiaries, the company is principally engaged in retailing multi-brand beauty and health products and providing beauty services in Hong Kong. The group derives a majority of its revenue from the sale of skincare, cosmetics, food and health supplements, and other products. Geographically, it derives maximum revenue from Hong Kong, and the rest from the United States of America, Macau, and Japan.
49GF Score

Get the complete analysis for HKSE:08473

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

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Price
HK$0.10
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