Sun Hung Kai Properties (MEX:16N) Cyclically Adjusted PB Ratio: 0.43 (As of Jul. 29, 2026) — 26% Below Median

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MEX:16N Sun Hung Kai Properties Ltd MEX:16N
81 GF Score
Price MXN190.02
GF Value MXN148.03
! 5 Warning Signs
View Full Analysis

What is Sun Hung Kai Properties Cyclically Adjusted PB Ratio?

Sun Hung Kai Properties MEX:16N 81 Cyclically Adjusted PB Ratio is 0.43 as of Jul. 29, 2026, which is 26% below its 10-year median of 0.58. GuruFocus rates MEX:16N with a GF Score™ of 81/100 and a GF Value™ of MXN148.03. The stock has 5 warning signs investors should review. Among 1,422 Real Estate companies, Sun Hung Kai Properties ranks better than 56.26% on this metric.

As of today (2026-07-29), Sun Hung Kai Properties's current share price is MXN190.02. Sun Hung Kai Properties's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun25 was MXN443.77. Sun Hung Kai Properties's Cyclically Adjusted PB Ratio for today is 0.43.

The historical rank and industry rank for Sun Hung Kai Properties's Cyclically Adjusted PB Ratio or its related term are showing as below:

MEX:16N' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.32   Med: 0.58   Max: 0.94
Current: 0.57

During the past 13 years, Sun Hung Kai Properties's highest Cyclically Adjusted PB Ratio was 0.94. The lowest was 0.32. And the median was 0.58.

MEX:16N's Cyclically Adjusted PB Ratio is ranked better than
56.26% of 1422 companies
in the Real Estate industry
Industry Median: 0.69 vs MEX:16N: 0.57

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.

Sun Hung Kai Properties's adjusted book value per share data of for the fiscal year that ended in Jun25 was MXN511.515. 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 MXN443.77 for the trailing ten years ended in Jun25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sun Hung Kai Properties  (MEX:16N) 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.


Sun Hung Kai Properties Cyclically Adjusted PB Ratio Related Terms


Sun Hung Kai Properties Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Sun Hung Kai Properties'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.

Sun Hung Kai Properties Cyclically Adjusted PB Ratio Chart

Sun Hung Kai Properties Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.62 0.48 0.49 0.33 0.43

Sun Hung Kai Properties Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 0.00 0.33 0.00 0.43 0.00

Sun Hung Kai Properties Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, Sun Hung Kai Properties'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.


Sun Hung Kai Properties Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Sun Hung Kai Properties's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Sun Hung Kai Properties's Cyclically Adjusted PB Ratio falls into.


MEX:16N
81GF Score
Sun Hung Kai Properties Ltd MEX:16N
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sun Hung Kai Properties 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.

Sun Hung Kai Properties's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=190.02/443.77
=0.43

* 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.

Sun Hung Kai Properties's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun25 is calculated as:

For example, Sun Hung Kai Properties's adjusted Book Value per Share data for the fiscal year that ended in Jun25 was:

Adj_Book=Book Value per Share/CPI of Jun25 (Change)*Current CPI (Jun25)
=511.515/119.0546*119.0546
=511.515

Current CPI (Jun25) = 119.0546.

Sun Hung Kai Properties Annual Data

Book Value per Share CPI Adj_Book
201606 385.743 101.686 451.632
201706 401.893 103.664 461.559
201806 469.334 106.193 526.179
201906 482.953 109.601 524.612
202006 591.575 110.590 636.854
202106 525.513 111.360 561.827
202206 532.451 113.448 558.764
202306 454.694 115.647 468.093
202406 491.094 117.296 498.458
202506 511.515 119.055 511.515

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 0.43 mean?
Sun Hung Kai Properties (MEX:16N) has a Cyclically Adjusted PB Ratio of 0.43 as of Jul. 29, 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 Sun Hung Kai Properties and its competitors. This is 26% below median its historical median of 0.58. Over the past decade, Sun Hung Kai Properties' Cyclically Adjusted PB Ratio has ranged from 0.32 to 0.94. According to the industry distribution chart, Sun Hung Kai Properties ranks #622 out of 1422 companies in the Real Estate industry, placing it in the top 43.7%.
Is Sun Hung Kai Properties' Cyclically Adjusted PB Ratio too high?
Sun Hung Kai Properties' current Cyclically Adjusted PB Ratio of 0.43 is 26% below median its 10-year median of 0.58. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 0.94. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.69. Sun Hung Kai Properties' value of 0.43 is 37.7% below this industry median. Based on the distribution chart, Sun Hung Kai Properties ranks #622 out of 1422 companies in the Real Estate industry, which is above the industry midpoint. Overall, Sun Hung Kai Properties has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does Sun Hung Kai Properties' Cyclically Adjusted PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Sun Hung Kai Properties ranks #622 out of 1422 companies for Cyclically Adjusted PB Ratio. This puts Sun Hung Kai Properties in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.69. Sun Hung Kai Properties' value of 0.43 is 37.7% below this benchmark. Historically, Sun Hung Kai Properties' own Cyclically Adjusted PB Ratio has ranged from 0.32 to 0.94 over the past decade. While the company's 10-year median is 0.58 vs. the industry median of 0.69, Sun Hung Kai Properties 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 0.69, based on 1,422 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. Sun Hung Kai Properties's current Cyclically Adjusted PB Ratio of 0.43 is 37.7% 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 Sun Hung Kai Properties 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. Sun Hung Kai Properties's current Cyclically Adjusted PB Ratio is 0.43, which is 26% below median its own 10-year median of 0.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sun Hung Kai Properties stock overvalued right now?
Sun Hung Kai Properties (MEX:16N) has a current Cyclically Adjusted PB Ratio of 0.43. The stock's GF Value™ is MXN148.03, compared to a current price of MXN190.02 — trading 28.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.43, which is 26% below median its 10-year median of 0.58 and 37.7% below the Real Estate industry median of 0.69. Sun Hung Kai Properties' overall GF Score™ is 81/100 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 Sun Hung Kai Properties (MEX:16N), the current Cyclically Adjusted PB Ratio is 0.43 as of Jul. 29, 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 Sun Hung Kai Properties (MEX:16N) Overvalued in 2026?

Based on GuruFocus' analysis, Sun Hung Kai Properties stock appears to be overvalued. The current stock price of MXN190.02 is trading 28.4% above its estimated GF Value™ of MXN148.03.

Key valuation signals for MEX:16N:

  • Cyclically Adjusted PB Ratio: 0.43 (26% below median its 10-year median of 0.58)
  • GF Value™: MXN148.03 vs. price of MXN190.02 (28.4% above fair value)
  • GF Score™: 81/100 with 5 warning signs
  • Industry Position: 37.7% below the Real Estate median (#622 of 1422)

No single metric tells the full story. See the MEX:16N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sun Hung Kai Properties Business Description

Address 30 Harbour Road, 45th Floor, Sun Hung Kai Centre, Hong Kong, HKG
Sun Hung Kai Properties is a diversified real estate developer in Hong Kong with a core focus on the residential, office, and retail real estate segments. Most of its business is based in Hong Kong, where it is a leading private housing developer and holds a portfolio of high-quality retail and office properties for rental income. The company also invests in other listed entities, including a telecommunication company, SmarTone, and a data center provider, SUNeVision. The Kwok family is the controlling shareholder, with a stake of more than 40%.
81GF Score

Get the complete analysis for MEX:16N

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

MXN190.02
Price
MXN148.03
GF Value