MAWHF (Man Wah Holdings) Cyclically Adjusted PB Ratio: 1.08 (As of Jul. 11, 2026) — 74% Below Median


MAWHF Man Wah Holdings Ltd MAWHF
56 GF Score
Price $0.40
GF Value $0.65
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Man Wah Holdings Cyclically Adjusted PB Ratio?

Man Wah Holdings MAWHF -2.88% 56 Cyclically Adjusted PB Ratio is 1.08 as of Jul. 11, 2026, which is 74% below its 10-year median of 4.20. GuruFocus rates MAWHF with a GF Score™ of 56/100 and a GF Value™ of $0.65 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 339 Furnishings, Fixtures & Appliances companies, Man Wah Holdings ranks better than 51.03% on this metric.

As of today (2026-07-11), Man Wah Holdings's current share price is $0.3985. Man Wah Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 was $0.37. Man Wah Holdings's Cyclically Adjusted PB Ratio for today is 1.08.

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

MAWHF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.12   Med: 4.2   Max: 15.74
Current: 1.13

During the past 13 years, Man Wah Holdings's highest Cyclically Adjusted PB Ratio was 15.74. The lowest was 1.12. And the median was 4.20.

MAWHF's Cyclically Adjusted PB Ratio is ranked better than
51.03% of 339 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.16 vs MAWHF: 1.13

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.

Man Wah Holdings's adjusted book value per share data of for the fiscal year that ended in Mar26 was $0.467. 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 $0.37 for the trailing ten years ended in Mar26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Man Wah Holdings  (OTCPK:MAWHF) 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.


Man Wah Holdings Cyclically Adjusted PB Ratio Related Terms


Man Wah Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Man Wah 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.

Man Wah Holdings Cyclically Adjusted PB Ratio Chart

Man Wah 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 4.89 3.30 2.55 1.88 1.62

Man Wah 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 2.55 0.00 1.88 0.00 1.62

MAWHF vs SN, SGI, MHK: Cyclically Adjusted PB Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, Man Wah 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.


Man Wah Holdings Cyclically Adjusted PB Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Man Wah Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


MAWHF
56GF Score
Man Wah Holdings Ltd MAWHF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Man Wah 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.

Man Wah Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.3985/0.37
=1.08

* 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.

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

For example, Man Wah 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)
=0.467/121.4731*121.4731
=0.467

Current CPI (Mar26) = 121.4731.

Man Wah Holdings Annual Data

Book Value per Share CPI Adj_Book
201703 0.170 103.335 0.200
201803 0.199 105.973 0.228
201903 0.207 108.172 0.232
202003 0.227 110.920 0.249
202103 0.349 111.579 0.380
202203 0.381 113.558 0.408
202303 0.376 115.427 0.396
202403 0.398 117.735 0.411
202503 0.422 119.384 0.429
202603 0.467 121.473 0.467

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 1.08 mean?
Man Wah Holdings (MAWHF) has a Cyclically Adjusted PB Ratio of 1.08 as of Jul. 11, 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 Man Wah Holdings and its competitors. This is 74% below median its historical median of 4.20. Over the past decade, Man Wah Holdings' Cyclically Adjusted PB Ratio has ranged from 1.12 to 15.74. According to the industry distribution chart, Man Wah Holdings ranks #166 out of 339 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 49%.
Is Man Wah Holdings' Cyclically Adjusted PB Ratio too high?
Man Wah Holdings' current Cyclically Adjusted PB Ratio of 1.08 is 74% below median its 10-year median of 4.20. Over the past 10 years, this metric has ranged from a low of 1.12 to a high of 15.74. The Furnishings, Fixtures & Appliances industry median Cyclically Adjusted PB Ratio is 1.16. Man Wah Holdings' value of 1.08 is 6.9% below this industry median. Based on the distribution chart, Man Wah Holdings ranks #166 out of 339 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Man Wah Holdings has a GF Score™ of 56/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Man Wah Holdings' Cyclically Adjusted PB Ratio compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Man Wah Holdings ranks #166 out of 339 companies for Cyclically Adjusted PB Ratio. This puts Man Wah Holdings in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.16. Man Wah Holdings' value of 1.08 is 6.9% below this benchmark. Historically, Man Wah Holdings' own Cyclically Adjusted PB Ratio has ranged from 1.12 to 15.74 over the past decade. While the company's 10-year median is 4.20 vs. the industry median of 1.16, Man Wah 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 Furnishings, Fixtures & Appliances company?
The median Cyclically Adjusted PB Ratio among Furnishings, Fixtures & Appliances companies is 1.16, based on 339 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. Man Wah Holdings's current Cyclically Adjusted PB Ratio of 1.08 is 6.9% 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 Man Wah Holdings and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Cyclically Adjusted PB Ratio is 1.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Man Wah Holdings's current Cyclically Adjusted PB Ratio is 1.08, which is 74% below median its own 10-year median of 4.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Man Wah Holdings stock overvalued right now?
Based on GuruFocus' analysis, Man Wah Holdings (MAWHF) is currently considered Significantly Undervalued. The stock's GF Value™ is $0.65, compared to a current price of $0.40 — trading 38.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.08, which is 74% below median its 10-year median of 4.20 and 6.9% below the Furnishings, Fixtures & Appliances industry median of 1.16. Man Wah Holdings' overall GF Score™ is 56/100 with 2 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 Man Wah Holdings (MAWHF), the current Cyclically Adjusted PB Ratio is 1.08 as of Jul. 11, 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 Man Wah Holdings (MAWHF) Overvalued in 2026?

Based on GuruFocus' analysis, Man Wah Holdings stock appears to be undervalued. The current stock price of $0.40 is trading 38.7% below its estimated GF Value™ of $0.65. GuruFocus considers Man Wah Holdings to be Significantly Undervalued.

Key valuation signals for MAWHF:

  • Cyclically Adjusted PB Ratio: 1.08 (74% below median its 10-year median of 4.20)
  • GF Value™: $0.65 vs. price of $0.40 (38.7% below fair value)
  • GF Score™: 56/100 with 2 warning signs
  • Industry Position: 6.9% below the Furnishings, Fixtures & Appliances median (#166 of 339)

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


Man Wah Holdings Business Description

Address 10-14 Kwei Tei Street, 1st Floor, Wah Lai Industrial Center, New Territories, Fotan, Hong Kong, HKG
Man Wah Holdings Ltd is an investment holding company. The company's segment includes Sofas and ancillary products; Bedding and ancillary products; Other products; Other business and Home Group business. It generates maximum revenue from the Sofas and ancillary products segment. Sofas and ancillary products segment manufacture and distribution of sofas and ancillary products through wholesale and distributors other than those by Home Group Ltd and its subsidiaries. Geographically, it derives a majority of its revenue from PRC (including Hong Kong and Macau) and also ahs its presence in North America, Europe and others.
56GF Score

Get the complete analysis for MAWHF

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

$0.40
Price
$0.65
GF Value