KWLDY (Kowloon Development Co) Cyclically Adjusted PB Ratio: 0.25 (As of Sep. 06, 2026) — 26% Below Median

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KWLDY Kowloon Development Co Ltd KWLDY
75 GF Score
Price $3.01
GF Value $3.60
! 5 Warning Signs
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What is Kowloon Development Co Cyclically Adjusted PB Ratio?

Kowloon Development Co KWLDY 75 Cyclically Adjusted PB Ratio is 0.25 as of Sep. 06, 2026, which is 26% below its 10-year median of 0.34. GuruFocus rates KWLDY with a GF Scoreâ„¢ of 75/100 and a GF Valueâ„¢ of $3.60. The stock has 5 warning signs investors should review. Among 1,306 Real Estate companies, Kowloon Development Co ranks better than 76.26% on this metric.

As of today (2026-09-06), Kowloon Development Co's current share price is $3.01. Kowloon Development Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was $12.22. Kowloon Development Co's Cyclically Adjusted PB Ratio for today is 0.25.

The historical rank and industry rank for Kowloon Development Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

KWLDY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.34   Max: 0.49
Current: 0.26

During the past 13 years, Kowloon Development Co's highest Cyclically Adjusted PB Ratio was 0.49. The lowest was 0.16. And the median was 0.34.

KWLDY's Cyclically Adjusted PB Ratio is ranked better than
76.26% of 1306 companies
in the Real Estate industry
Industry Median: 0.67 vs KWLDY: 0.26

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.

Kowloon Development Co's adjusted book value per share data of for the fiscal year that ended in Dec25 was $34.370. 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 $12.22 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kowloon Development Co  (OTCPK:KWLDY) 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.


Kowloon Development Co Cyclically Adjusted PB Ratio Related Terms


Kowloon Development Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kowloon Development Co'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.

Kowloon Development Co Cyclically Adjusted PB Ratio Chart

Kowloon Development Co 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 0.49 0.35 0.29 0.21 0.25

Kowloon Development Co 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 0.21 0.00 0.25 0.00

Kowloon Development Co Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, Kowloon Development Co'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.


Kowloon Development Co Cyclically Adjusted PB Ratio vs Real Estate Industry

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

* The bar in red indicates where Kowloon Development Co's Cyclically Adjusted PB Ratio falls into.


KWLDY
75GF Score
Kowloon Development Co Ltd KWLDY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Kowloon Development Co 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.

Kowloon Development Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.01/12.22
=0.25

* 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.

Kowloon Development Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Kowloon Development Co'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)
=34.37/120.7036*120.7036
=34.370

Current CPI (Dec25) = 120.7036.

Kowloon Development Co Annual Data

Book Value per Share CPI Adj_Book
201612 47.584 103.225 55.641
201712 48.810 104.984 56.119
201812 50.278 107.622 56.389
201912 53.105 110.700 57.904
202012 34.506 109.711 37.964
202112 37.210 112.349 39.977
202212 36.238 114.548 38.186
202312 34.642 117.296 35.648
202412 34.414 118.945 34.923
202512 34.370 120.704 34.370

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 0.25 mean?
Kowloon Development Co (KWLDY) has a Cyclically Adjusted PB Ratio of 0.25 as of Sep. 06, 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 Kowloon Development Co and its competitors. This is 26% below median its historical median of 0.34. Over the past decade, Kowloon Development Co's Cyclically Adjusted PB Ratio has ranged from 0.16 to 0.49. According to the industry distribution chart, Kowloon Development Co ranks #310 out of 1306 companies in the Real Estate industry, placing it in the top 23.7%.
Is Kowloon Development Co's Cyclically Adjusted PB Ratio too high?
Kowloon Development Co's current Cyclically Adjusted PB Ratio of 0.25 is 26% below median its 10-year median of 0.34. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 0.49. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.67. Kowloon Development Co's value of 0.25 is 62.7% below this industry median. Based on the distribution chart, Kowloon Development Co ranks #310 out of 1306 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Kowloon Development Co has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Kowloon Development Co's Cyclically Adjusted PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Kowloon Development Co ranks #310 out of 1306 companies for Cyclically Adjusted PB Ratio. This places Kowloon Development Co in the top 24% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.67. Kowloon Development Co's value of 0.25 is 62.7% below this benchmark. Historically, Kowloon Development Co's own Cyclically Adjusted PB Ratio has ranged from 0.16 to 0.49 over the past decade. While the company's 10-year median is 0.34 vs. the industry median of 0.67, Kowloon Development Co 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 Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.67, based on 1,306 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. Kowloon Development Co's current Cyclically Adjusted PB Ratio of 0.25 is 62.7% 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 Kowloon Development Co and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kowloon Development Co's current Cyclically Adjusted PB Ratio is 0.25, which is 26% below median its own 10-year median of 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kowloon Development Co stock overvalued right now?
Kowloon Development Co (KWLDY) has a current Cyclically Adjusted PB Ratio of 0.25. The stock's GF Value™ is $3.60, compared to a current price of $3.01 — trading 16.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.25, which is 26% below median its 10-year median of 0.34 and 62.7% below the Real Estate industry median of 0.67. Kowloon Development Co's overall GF Score™ is 75/100 with 5 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 Kowloon Development Co (KWLDY), the current Cyclically Adjusted PB Ratio is 0.25 as of Sep. 06, 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 Kowloon Development Co (KWLDY) Overvalued in 2026?

Based on GuruFocus' analysis, Kowloon Development Co stock appears to be undervalued. The current stock price of $3.01 is trading 16.4% below its estimated GF Value™ of $3.60.

Key valuation signals for KWLDY:

  • Cyclically Adjusted PB Ratio: 0.25 (26% below median its 10-year median of 0.34)
  • GF Value™: $3.60 vs. price of $3.01 (16.4% below fair value)
  • GF Score™: 75/100 with 5 warning signs
  • Industry Position: 62.7% below the Real Estate median (#310 of 1306)

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


Kowloon Development Co Business Description

Other Exchanges 00034:Hong KongKOX:Germany
Address 750 Nathan Road, 23rd Floor, Pioneer Centre, Kowloon, Hong Kong, HKG
Kowloon Development Co Ltd is an investment holding company. It operates in three segments: Property development, which includes the development and sale of properties and interests in property development; Property investment segment includes leasing of properties to generate rental income and to gain from the appreciation in the properties' values in the long term; and Other businesses segment, which includes the financial investments, the provision of financial services, the provision of property management services and treasury operations. The company generates the majority of its revenue from the sale of properties. Its geographical segments are Hong Kong, which accounts for the majority of revenue; Mainland China; and Others.
75GF Score

Get the complete analysis for KWLDY

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

$3.01
Price
$3.60
GF Value