HRKIF (HKR International) Cyclically Adjusted PB Ratio: (As of Jul. 28, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HRKIF HKR International Ltd HRKIF
62 GF Score
Price $0.29
GF Value $0.34
! 8 Warning Signs
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What is HKR International Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


HKR International  (OTCPK:HRKIF) 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.


HKR International Cyclically Adjusted PB Ratio Related Terms


HKR International Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for HKR International'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.

HKR International Cyclically Adjusted PB Ratio Chart

HKR International 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 0.20 0.17 0.08 0.05 0.07

HKR International 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 0.08 0.00 0.05 0.00 0.07

HKR International Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, HKR International'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.


HKR International Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, HKR International's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


HRKIF
62GF Score
HKR International Ltd HRKIF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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HKR International 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.

HKR International's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 is calculated as:

For example, HKR International'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)
=1.962/121.4731*121.4731
=1.962

Current CPI (Mar26) = 121.4731.

HKR International Annual Data

Book Value per Share CPI Adj_Book
201703 1.421 103.335 1.670
201803 1.693 105.973 1.941
201903 1.827 108.172 2.052
202003 1.913 110.920 2.095
202103 2.053 111.579 2.235
202203 2.154 113.558 2.304
202303 2.093 115.427 2.203
202403 2.010 117.735 2.074
202503 1.947 119.384 1.981
202603 1.962 121.473 1.962

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.

Is HKR International (HRKIF) Overvalued in 2026?

Based on GuruFocus' analysis, HKR International stock appears to be undervalued. The current stock price of $0.29 is trading 16.2% below its estimated GF Value™ of $0.34.

Key valuation signals for HRKIF:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $0.34 vs. price of $0.29 (16.2% below fair value)
  • GF Score™: 62/100 with 8 warning signs

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


HKR International Business Description

Other Exchanges 00480:Hong Kong
Address 168-200 Connaught Road Central, 23rd Floor, China Merchants Tower, Shun Tak Centre, Hong Kong, HKG
HKR International Ltd engages in the investment, development, and management of real estate properties across Asia. The company is headquartered in Hong Kong and earns the majority of its revenue domestically. The company has operations in mainland China, Japan, and the Southeast Asia region. HKR International operates through five segments: property development, property investment, Transportation services and property management, hotel operations, and Leisure businesses.
62GF Score

Get the complete analysis for HRKIF

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

$0.29
Price
$0.34
GF Value