KYBWF (Guangdong Land Holdings) Cyclically Adjusted PB Ratio: 2.00 (As of Jul. 27, 2026) — 2400% Above Median

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.

KYBWF Guangdong Land Holdings Ltd KYBWF
42 GF Score
Price $0.02
! 4 Warning Signs
View Full Analysis

What is Guangdong Land Holdings Cyclically Adjusted PB Ratio?

Guangdong Land Holdings KYBWF 42 Cyclically Adjusted PB Ratio is 2.00 as of Jul. 27, 2026, which is 2400% above its 10-year median of 0.08. GuruFocus rates KYBWF with a GF Scoreâ„¢ of 42/100. The stock has 4 warning signs investors should review. Among 1,426 Real Estate companies, Guangdong Land Holdings ranks better than 93.41% on this metric.

As of today (2026-07-27), Guangdong Land Holdings's current share price is $0.02. Guangdong Land Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was $0.01. Guangdong Land Holdings's Cyclically Adjusted PB Ratio for today is 2.00.

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

KYBWF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.08   Max: 0.17
Current: 0.07

During the past years, Guangdong Land Holdings's highest Cyclically Adjusted PB Ratio was 0.17. The lowest was 0.06. And the median was 0.08.

KYBWF's Cyclically Adjusted PB Ratio is ranked better than
93.41% of 1426 companies
in the Real Estate industry
Industry Median: 0.69 vs KYBWF: 0.07

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.

Guangdong Land Holdings's adjusted book value per share data for the three months ended in Dec. 2025 was $0.229. 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 $0.01 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Guangdong Land Holdings  (OTCPK:KYBWF) 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.


Guangdong Land Holdings Cyclically Adjusted PB Ratio Related Terms


Guangdong Land Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Guangdong Land 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.

Guangdong Land Holdings Cyclically Adjusted PB Ratio Chart

Guangdong Land Holdings 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 0.00 0.00 0.21 0.11 0.07

Guangdong Land Holdings Quarterly Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Mar24 Jun24 Sep24 Dec24 Jun25 Sep25 Dec25
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 0.14 0.11 0.07 0.09 0.07

Guangdong Land Holdings Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, Guangdong Land 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.


Guangdong Land Holdings Cyclically Adjusted PB Ratio vs Real Estate Industry

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

* The bar in red indicates where Guangdong Land Holdings's Cyclically Adjusted PB Ratio falls into.


KYBWF
42GF Score
Guangdong Land Holdings Ltd KYBWF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Guangdong Land 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.

Guangdong Land Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.02/0.01
=2.00

* 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.

Guangdong Land Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Guangdong Land Holdings's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=0.229/120.7036*120.7036
=0.229

Current CPI (Dec. 2025) = 120.7036.

Guangdong Land Holdings Quarterly Data

Book Value per Share CPI Adj_Book
200512 0.160 73.434 0.263
200612 0.170 75.082 0.273
200712 0.213 77.941 0.330
200812 0.216 79.590 0.328
200912 0.217 80.799 0.324
201006 0.218 81.568 0.323
201012 0.226 83.217 0.328
201106 0.229 86.185 0.321
201112 0.236 87.944 0.324
201206 0.226 89.373 0.305
201212 0.223 91.132 0.295
201306 0.219 93.001 0.284
201312 0.321 95.090 0.407
201406 0.326 96.409 0.408
201412 0.327 99.707 0.396
201506 0.349 99.267 0.424
201512 0.334 102.015 0.395
201606 0.327 101.686 0.388
201612 0.315 103.225 0.368
201706 0.323 103.664 0.376
201712 0.338 104.984 0.389
201806 0.338 106.193 0.384
201812 0.339 107.622 0.380
201906 0.334 109.601 0.368
201912 0.357 110.700 0.389
202006 0.482 110.590 0.526
202012 0.515 109.711 0.567
202106 0.541 111.360 0.586
202112 0.636 112.349 0.683
202206 0.605 113.448 0.644
202212 0.584 114.548 0.615
202306 0.536 115.647 0.559
202312 0.377 117.296 0.388
202403 0.000 117.735 0.000
202406 0.358 117.296 0.368
202409 0.365 118.615 0.371
202412 0.267 118.945 0.271
202506 0.290 119.055 0.294
202509 0.270 119.934 0.272
202512 0.229 120.704 0.229

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 2.00 mean?
Guangdong Land Holdings (KYBWF) has a Cyclically Adjusted PB Ratio of 2.00 as of Jul. 27, 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 Guangdong Land Holdings and its competitors. This is 2400% above median its historical median of 0.08. Over the past decade, Guangdong Land Holdings' Cyclically Adjusted PB Ratio has ranged from 0.06 to 0.17. According to the industry distribution chart, Guangdong Land Holdings ranks #94 out of 1426 companies in the Real Estate industry, placing it in the top 6.6%.
Is Guangdong Land Holdings' Cyclically Adjusted PB Ratio too high?
Guangdong Land Holdings' current Cyclically Adjusted PB Ratio of 2.00 is 2400% above median its 10-year median of 0.08. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 0.17. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.69. Guangdong Land Holdings' value of 2.00 is 189.9% above this industry median. Based on the distribution chart, Guangdong Land Holdings ranks #94 out of 1426 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Guangdong Land Holdings has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does Guangdong Land Holdings' Cyclically Adjusted PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Guangdong Land Holdings ranks #94 out of 1426 companies for Cyclically Adjusted PB Ratio. This places Guangdong Land Holdings in the top 7% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.69. Guangdong Land Holdings' value of 2.00 is 189.9% above this benchmark. Historically, Guangdong Land Holdings' own Cyclically Adjusted PB Ratio has ranged from 0.06 to 0.17 over the past decade. While the company's 10-year median is 0.08 vs. the industry median of 0.69, Guangdong Land Holdings 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 a Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.69, based on 1,426 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. Guangdong Land Holdings's current Cyclically Adjusted PB Ratio of 2.00 is 189.9% 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 Guangdong Land Holdings and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Guangdong Land Holdings's current Cyclically Adjusted PB Ratio is 2.00, which is 2400% above median its own 10-year median of 0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guangdong Land Holdings stock overvalued right now?
Guangdong Land Holdings (KYBWF) has a current Cyclically Adjusted PB Ratio of 2.00. The current Cyclically Adjusted PB Ratio is 2.00, which is 2400% above median its 10-year median of 0.08 and 189.9% above the Real Estate industry median of 0.69. Guangdong Land Holdings' overall GF Score™ is 42/100 with 4 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 Guangdong Land Holdings (KYBWF), the current Cyclically Adjusted PB Ratio is 2.00 as of Jul. 27, 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.

Guangdong Land Holdings Business Description

Other Exchanges 00124:Hong KongGUW:Germany
Address 148 Connaught Road Central, Office B, 26th Floor, Guangdong Investment Tower, Hong Kong, HKG
Guangdong Land Holdings Ltd is an investment holding company. Through its subsidiaries, the company is engaged in property development and investment activities. The reportable operating segments of the Group are: Property development, Property investment, and Others. The majority of its revenue is generated from the Property development segment through the sale of properties. Geographically, the Group operates mainly in Mainland China.
42GF Score

Get the complete analysis for KYBWF

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

$0.02
Price