Shanghai International Shanghai Growth Investment (HKSE:770) Cyclically Adjusted PB Ratio: 0.90 (As of Sep. 13, 2026) — 329% Above Median

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HKSE:770 Shanghai International Shanghai Growth Investment Ltd HKSE:770
19 GF Score
Price $0.28
! 3 Warning Signs
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What is Shanghai International Shanghai Growth Investment Cyclically Adjusted PB Ratio?

Shanghai International Shanghai Growth Investment HKSE:770 19 Cyclically Adjusted PB Ratio is 0.90 as of Sep. 13, 2026, which is 329% above its 10-year median of 0.21. GuruFocus rates HKSE:770 with a GF Score™ of 19/100. The stock has 3 warning signs investors should review. Among 967 Asset Management companies, Shanghai International Shanghai Growth Investment ranks worse than 55.33% on this metric.

As of today (2026-09-13), Shanghai International Shanghai Growth Investment's current share price is $0.28. Shanghai International Shanghai Growth Investment's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was $0.31. Shanghai International Shanghai Growth Investment's Cyclically Adjusted PB Ratio for today is 0.90.

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

HKSE:770' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.21   Max: 1.13
Current: 0.92

During the past 13 years, Shanghai International Shanghai Growth Investment's highest Cyclically Adjusted PB Ratio was 1.13. The lowest was 0.06. And the median was 0.21.

HKSE:770's Cyclically Adjusted PB Ratio is ranked worse than
55.33% of 967 companies
in the Asset Management industry
Industry Median: 0.84 vs HKSE:770: 0.92

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.

Shanghai International Shanghai Growth Investment's adjusted book value per share data of for the fiscal year that ended in Dec25 was $0.047. 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 $0.31 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shanghai International Shanghai Growth Investment  (HKSE:770) 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.


Shanghai International Shanghai Growth Investment Cyclically Adjusted PB Ratio Related Terms


Shanghai International Shanghai Growth Investment Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Shanghai International Shanghai Growth Investment'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.

Shanghai International Shanghai Growth Investment Cyclically Adjusted PB Ratio Chart

Shanghai International Shanghai Growth Investment Annual Data
Trend Dec16 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 0.15 0.16 0.18 0.65 0.84

Shanghai International Shanghai Growth Investment Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 0.00 0.65 0.00 0.84 0.00

HKSE:770 vs BLK, BX, KKR: Cyclically Adjusted PB Ratio Comparison

For the Asset Management subindustry, Shanghai International Shanghai Growth Investment'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.


Shanghai International Shanghai Growth Investment Cyclically Adjusted PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Shanghai International Shanghai Growth Investment's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Shanghai International Shanghai Growth Investment's Cyclically Adjusted PB Ratio falls into.


HKSE:770
19GF Score
Shanghai International Shanghai Growth Investment Ltd HKSE:770
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanghai International Shanghai Growth Investment 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.

Shanghai International Shanghai Growth Investment's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.28/0.31
=0.90

* 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.

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

For example, Shanghai International Shanghai Growth Investment'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)
=0.047/120.7036*120.7036
=0.047

Current CPI (Dec25) = 120.7036.

Shanghai International Shanghai Growth Investment Annual Data

Book Value per Share CPI Adj_Book
201612 0.688 103.225 0.804
201712 0.527 104.984 0.606
201812 0.322 107.622 0.361
201912 0.279 110.700 0.304
202012 0.282 109.711 0.310
202112 0.228 112.349 0.245
202212 0.154 114.548 0.162
202312 0.119 117.296 0.122
202412 0.092 118.945 0.093
202512 0.047 120.704 0.047

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 0.90 mean?
Shanghai International Shanghai Growth Investment (HKSE:770) has a Cyclically Adjusted PB Ratio of 0.90 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 Shanghai International Shanghai Growth Investment and its competitors. This is 329% above median its historical median of 0.21. Over the past decade, Shanghai International Shanghai Growth Investment's Cyclically Adjusted PB Ratio has ranged from 0.06 to 1.13. According to the industry distribution chart, Shanghai International Shanghai Growth Investment ranks #535 out of 967 companies in the Asset Management industry, placing it in the top 55.3%.
Is Shanghai International Shanghai Growth Investment's Cyclically Adjusted PB Ratio too high?
Shanghai International Shanghai Growth Investment's current Cyclically Adjusted PB Ratio of 0.90 is 329% above median its 10-year median of 0.21. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 1.13. The Asset Management industry median Cyclically Adjusted PB Ratio is 0.84. Shanghai International Shanghai Growth Investment's value of 0.90 is 7.1% above this industry median. Based on the distribution chart, Shanghai International Shanghai Growth Investment ranks #535 out of 967 companies in the Asset Management industry, which is below the industry midpoint. Overall, Shanghai International Shanghai Growth Investment has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Shanghai International Shanghai Growth Investment's Cyclically Adjusted PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Shanghai International Shanghai Growth Investment ranks #535 out of 967 companies for Cyclically Adjusted PB Ratio. This places Shanghai International Shanghai Growth Investment in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.84. Shanghai International Shanghai Growth Investment's value of 0.90 is 7.1% above this benchmark. Historically, Shanghai International Shanghai Growth Investment's own Cyclically Adjusted PB Ratio has ranged from 0.06 to 1.13 over the past decade. While the company's 10-year median is 0.21 vs. the industry median of 0.84, Shanghai International Shanghai Growth Investment has consistently been above 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 an Asset Management company?
The median Cyclically Adjusted PB Ratio among Asset Management companies is 0.84, based on 967 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. Shanghai International Shanghai Growth Investment's current Cyclically Adjusted PB Ratio of 0.90 is 7.1% above 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 Shanghai International Shanghai Growth Investment and its competitors. For the Asset Management industry, the median Cyclically Adjusted PB Ratio is 0.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai International Shanghai Growth Investment's current Cyclically Adjusted PB Ratio is 0.90, which is 329% above median its own 10-year median of 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai International Shanghai Growth Investment stock overvalued right now?
Shanghai International Shanghai Growth Investment (HKSE:770) has a current Cyclically Adjusted PB Ratio of 0.90. The current Cyclically Adjusted PB Ratio is 0.90, which is 329% above median its 10-year median of 0.21 and 7.1% above the Asset Management industry median of 0.84. Shanghai International Shanghai Growth Investment's overall GF Score™ is 19/100 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 Shanghai International Shanghai Growth Investment (HKSE:770), the current Cyclically Adjusted PB Ratio is 0.90 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.

Shanghai International Shanghai Growth Investment Business Description

Address 183 Electric Road, Unit 3205, 32th Floor, AIA Tower, Wanchai, Hong Kong, HKG
Shanghai International Shanghai Growth Investment Ltd is an investment holding company principally engaged in the investment business. The company operates its business through two segments. The Listed Securities segment is engaged in the investment in equity securities listed on relevant stock exchanges. The listed companies invested by the company are engaged in the e-commerce and Internet services businesses, telecommunication businesses, restaurant and catering businesses, and others. The Unlisted Securities segment is engaged in the investment in unlisted equity securities. The unlisted companies invested by the company are engaged in the operation of business-to-business platforms and other businesses.
19GF Score

Get the complete analysis for HKSE:770

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

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