MHIHF (Million Hope Industries Holdings) Cyclically Adjusted PB Ratio: 0.44 (As of Sep. 07, 2026) — Near 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.

MHIHF Million Hope Industries Holdings Ltd MHIHF
50 GF Score
Price $0.04
GF Value $0.02
! 7 Warning Signs
View Full Analysis

What is Million Hope Industries Holdings Cyclically Adjusted PB Ratio?

Million Hope Industries Holdings MHIHF 50 Cyclically Adjusted PB Ratio is 0.44 as of Sep. 07, 2026, which is 4% below its 10-year median of 0.46. GuruFocus rates MHIHF with a GF Score™ of 50/100 and a GF Value™ of $0.02. The stock has 7 warning signs investors should review. Among 1,240 Construction companies, Million Hope Industries Holdings ranks better than 82.82% on this metric.

As of today (2026-09-07), Million Hope Industries Holdings's current share price is $0.04. Million Hope Industries Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 was $0.09. Million Hope Industries Holdings's Cyclically Adjusted PB Ratio for today is 0.44.

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

MHIHF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.39   Med: 0.46   Max: 0.54
Current: 0.4

During the past 11 years, Million Hope Industries Holdings's highest Cyclically Adjusted PB Ratio was 0.54. The lowest was 0.39. And the median was 0.46.

MHIHF's Cyclically Adjusted PB Ratio is ranked better than
82.82% of 1240 companies
in the Construction industry
Industry Median: 1.16 vs MHIHF: 0.40

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.

Million Hope Industries Holdings's adjusted book value per share data of for the fiscal year that ended in Mar26 was $0.167. 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 $0.09 for the trailing ten years ended in Mar26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Million Hope Industries Holdings  (OTCPK:MHIHF) 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.


Million Hope Industries Holdings Cyclically Adjusted PB Ratio Related Terms


Million Hope Industries Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Million Hope Industries 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.

Million Hope Industries Holdings Cyclically Adjusted PB Ratio Chart

Million Hope Industries 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 0.00 0.00 0.00 0.46 0.47

Million Hope Industries Holdings Semi-Annual Data
Mar16 Mar17 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 0.00 0.00 0.46 0.00 0.47

MHIHF vs TT, JCI, CARR: Cyclically Adjusted PB Ratio Comparison

For the Building Products & Equipment subindustry, Million Hope Industries 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.


Million Hope Industries Holdings Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Million Hope Industries Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Million Hope Industries Holdings's Cyclically Adjusted PB Ratio falls into.


MHIHF
50GF Score
Million Hope Industries Holdings Ltd MHIHF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Million Hope Industries 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.

Million Hope Industries Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.04/0.09
=0.44

* 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.

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

For example, Million Hope Industries 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)
=0.167/121.4731*121.4731
=0.167

Current CPI (Mar26) = 121.4731.

Million Hope Industries Holdings Annual Data

Book Value per Share CPI Adj_Book
201703 0.023 103.335 0.027
201803 0.038 105.973 0.044
201903 0.149 108.172 0.167
202003 0.152 110.920 0.166
202103 0.159 111.579 0.173
202203 0.165 113.558 0.177
202303 0.162 115.427 0.170
202403 0.164 117.735 0.169
202503 0.166 119.384 0.169
202603 0.167 121.473 0.167

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 0.44 mean?
Million Hope Industries Holdings (MHIHF) has a Cyclically Adjusted PB Ratio of 0.44 as of Sep. 07, 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 Million Hope Industries Holdings and its competitors. This is near median its historical median of 0.46. Over the past decade, Million Hope Industries Holdings' Cyclically Adjusted PB Ratio has ranged from 0.39 to 0.54. According to the industry distribution chart, Million Hope Industries Holdings ranks #213 out of 1240 companies in the Construction industry, placing it in the top 17.2%.
Is Million Hope Industries Holdings' Cyclically Adjusted PB Ratio too high?
Million Hope Industries Holdings' current Cyclically Adjusted PB Ratio of 0.44 is near median its 10-year median of 0.46. Over the past 10 years, this metric has ranged from a low of 0.39 to a high of 0.54. The Construction industry median Cyclically Adjusted PB Ratio is 1.16. Million Hope Industries Holdings' value of 0.44 is 62.1% below this industry median. Based on the distribution chart, Million Hope Industries Holdings ranks #213 out of 1240 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Million Hope Industries Holdings has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does Million Hope Industries Holdings' Cyclically Adjusted PB Ratio compare to TT and JCI?
According to the Construction industry distribution chart, Million Hope Industries Holdings ranks #213 out of 1240 companies for Cyclically Adjusted PB Ratio. This places Million Hope Industries Holdings in the top 17% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.16. Million Hope Industries Holdings' value of 0.44 is 62.1% below this benchmark. Historically, Million Hope Industries Holdings' own Cyclically Adjusted PB Ratio has ranged from 0.39 to 0.54 over the past decade. While the company's 10-year median is 0.46 vs. the industry median of 1.16, Million Hope Industries 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 Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.16, based on 1,240 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. Million Hope Industries Holdings's current Cyclically Adjusted PB Ratio of 0.44 is 62.1% 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 Million Hope Industries Holdings and its competitors. For the Construction 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. Million Hope Industries Holdings's current Cyclically Adjusted PB Ratio is 0.44, which is near median its own 10-year median of 0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Million Hope Industries Holdings stock overvalued right now?
Million Hope Industries Holdings (MHIHF) has a current Cyclically Adjusted PB Ratio of 0.44. The stock's GF Value™ is $0.02, compared to a current price of $0.04 — trading 100% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.44, which is near median its 10-year median of 0.46 and 62.1% below the Construction industry median of 1.16. Million Hope Industries Holdings' overall GF Score™ is 50/100 with 7 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 Million Hope Industries Holdings (MHIHF), the current Cyclically Adjusted PB Ratio is 0.44 as of Sep. 07, 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 Million Hope Industries Holdings (MHIHF) Overvalued in 2026?

Based on GuruFocus' analysis, Million Hope Industries Holdings stock appears to be overvalued. The current stock price of $0.04 is trading 100% above its estimated GF Value™ of $0.02.

Key valuation signals for MHIHF:

  • Cyclically Adjusted PB Ratio: 0.44 (near median its 10-year median of 0.46)
  • GF Value™: $0.02 vs. price of $0.04 (100% above fair value)
  • GF Score™: 50/100 with 7 warning signs
  • Industry Position: 62.1% below the Construction median (#213 of 1240)

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


Million Hope Industries Holdings Business Description

Other Exchanges 01897:Hong Kong
Address 3 On Kwan Street, Office A, 20th Floor, Kings Wing Plaza 1, Shek Mum, Shatin, New Territories, Hong Kong, HKG
Million Hope Industries Holdings Ltd and its subsidiaries are engaged in designing, supplying and installation of facade and curtain wall systems, with a focus on curtain walls, aluminum windows and doors. The company provides design, supply and installation services for curtain walls, aluminium windows and doors on both new and existing buildings, and works with customers and architects to offer tailor-made designs and products to suit the project requirements. The principal customers are the main contractors and property developers. Geographically, the group has a business presence in Hong Kong and Mainland China of which prime revenue is generated from Hong Kong.
50GF Score

Get the complete analysis for MHIHF

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

$0.04
Price
$0.02
GF Value