PCCW (PCWLF) Cyclically Adjusted PB Ratio: 3.15 (As of Jul. 22, 2026) — Near Median

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PCWLF PCCW Ltd PCWLF
45 GF Score
Price $0.69
GF Value $0.60
Valuation Modestly Overvalued
! 7 Warning Signs
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What is PCCW Cyclically Adjusted PB Ratio?

PCCW PCWLF +0.80% 45 Cyclically Adjusted PB Ratio is 3.15 as of Jul. 22, 2026, which is 5% above its 10-year median of 3.01. GuruFocus rates PCWLF with a GF Score™ of 45/100 and a GF Value™ of $0.60 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 289 Telecommunication Services companies, PCCW ranks worse than 74.39% on this metric.

As of today (2026-07-22), PCCW's current share price is $0.6937. PCCW's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was $0.22. PCCW's Cyclically Adjusted PB Ratio for today is 3.15.

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

PCWLF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.73   Med: 3.01   Max: 9.71
Current: 3.4

During the past 13 years, PCCW's highest Cyclically Adjusted PB Ratio was 9.71. The lowest was 1.73. And the median was 3.01.

PCWLF's Cyclically Adjusted PB Ratio is ranked worse than
74.39% of 289 companies
in the Telecommunication Services industry
Industry Median: 1.79 vs PCWLF: 3.40

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.

PCCW's adjusted book value per share data of for the fiscal year that ended in Dec25 was $0.060. 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 $0.22 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


PCCW  (OTCPK:PCWLF) 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.


PCCW Cyclically Adjusted PB Ratio Related Terms


PCCW Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PCCW'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.

PCCW Cyclically Adjusted PB Ratio Chart

PCCW 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 2.20 1.93 2.28 2.54 3.22

PCCW 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 2.28 0.00 2.54 0.00 3.22

PCWLF vs TMUS, VZ, T: Cyclically Adjusted PB Ratio Comparison

For the Telecom Services subindustry, PCCW'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.


PCCW Cyclically Adjusted PB Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, PCCW's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


PCWLF
45GF Score
PCCW Ltd PCWLF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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PCCW 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.

PCCW's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.6937/0.22
=3.15

* 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.

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

For example, PCCW'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)
=0.06/120.7036*120.7036
=0.060

Current CPI (Dec25) = 120.7036.

PCCW Annual Data

Book Value per Share CPI Adj_Book
201612 0.190 103.225 0.222
201712 0.318 104.984 0.366
201812 0.283 107.622 0.317
201912 0.258 110.700 0.281
202012 0.166 109.711 0.183
202112 0.238 112.349 0.256
202212 0.190 114.548 0.200
202312 0.138 117.296 0.142
202412 0.124 118.945 0.126
202512 0.060 120.704 0.060

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 3.15 mean?
PCCW (PCWLF) has a Cyclically Adjusted PB Ratio of 3.15 as of Jul. 22, 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 PCCW and its competitors. This is near median its historical median of 3.01. Over the past decade, PCCW's Cyclically Adjusted PB Ratio has ranged from 1.73 to 9.71. According to the industry distribution chart, PCCW ranks #215 out of 289 companies in the Telecommunication Services industry, placing it in the top 74.4%.
Is PCCW's Cyclically Adjusted PB Ratio too high?
PCCW's current Cyclically Adjusted PB Ratio of 3.15 is near median its 10-year median of 3.01. Over the past 10 years, this metric has ranged from a low of 1.73 to a high of 9.71. The Telecommunication Services industry median Cyclically Adjusted PB Ratio is 1.79. PCCW's value of 3.15 is 76% above this industry median. Based on the distribution chart, PCCW ranks #215 out of 289 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, PCCW has a GF Score™ of 45/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PCCW's Cyclically Adjusted PB Ratio compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, PCCW ranks #215 out of 289 companies for Cyclically Adjusted PB Ratio. This places PCCW in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.79. PCCW's value of 3.15 is 76% above this benchmark. Historically, PCCW's own Cyclically Adjusted PB Ratio has ranged from 1.73 to 9.71 over the past decade. While the company's 10-year median is 3.01 vs. the industry median of 1.79, PCCW 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 Telecommunication Services company?
The median Cyclically Adjusted PB Ratio among Telecommunication Services companies is 1.79, based on 289 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. PCCW's current Cyclically Adjusted PB Ratio of 3.15 is 76% 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 PCCW and its competitors. For the Telecommunication Services industry, the median Cyclically Adjusted PB Ratio is 1.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PCCW's current Cyclically Adjusted PB Ratio is 3.15, which is near median its own 10-year median of 3.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PCCW stock overvalued right now?
Based on GuruFocus' analysis, PCCW (PCWLF) is currently considered Modestly Overvalued. The stock's GF Value™ is $0.60, compared to a current price of $0.69 — trading 15.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.15, which is near median its 10-year median of 3.01 and 76% above the Telecommunication Services industry median of 1.79. PCCW's overall GF Score™ is 45/100 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 PCCW (PCWLF), the current Cyclically Adjusted PB Ratio is 3.15 as of Jul. 22, 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 PCCW (PCWLF) Overvalued in 2026?

Based on GuruFocus' analysis, PCCW stock appears to be overvalued. The current stock price of $0.69 is trading 15.6% above its estimated GF Value™ of $0.60. GuruFocus considers PCCW to be Modestly Overvalued.

Key valuation signals for PCWLF:

  • Cyclically Adjusted PB Ratio: 3.15 (near median its 10-year median of 3.01)
  • GF Value™: $0.60 vs. price of $0.69 (15.6% above fair value)
  • GF Score™: 45/100 with 7 warning signs
  • Industry Position: 76% above the Telecommunication Services median (#215 of 289)

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


PCCW Business Description

Address 979 King’s Road, 41st Floor, PCCW Tower, Taikoo Place, Quarry Bay, Hong Kong, HKG
PCCW Ltd is a Hong Kong-based company engaged in the businesses of telecommunications, media, information technology solutions, property development and investment, and others. The company's operating segments are HKT Limited (HKT), Media Business, and Other businesses. Maximum revenue is generated from the HKT segment, which provides technology, telecommunications, and related services, including enterprise solutions, mobile services, total home solutions, media entertainment, and other new businesses such as loyalty platform, financial services, and healthtech services. Geographically, the company generates maximum revenue from Hong Kong, and the rest from the Mainland and other parts of China, Singapore, and other markets.
45GF Score

Get the complete analysis for PCWLF

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

$0.69
Price
$0.60
GF Value