QQFHF (Henderson Far Eastome) Cyclically Adjusted PB Ratio: 0.63 (As of Aug. 03, 2026) — 27% Below Median

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QQFHF Henderson Far East Income Ltd QQFHF
39 GF Score
Price $5.20
! 4 Warning Signs
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What is Henderson Far Eastome Cyclically Adjusted PB Ratio?

Henderson Far Eastome QQFHF 39 Cyclically Adjusted PB Ratio is 0.63 as of Aug. 03, 2026, which is 27% below its 10-year median of 0.86. GuruFocus rates QQFHF with a GF Score™ of 39/100. The stock has 4 warning signs investors should review. Among 998 Asset Management companies, Henderson Far Eastome ranks better than 61.12% on this metric.

As of today (2026-08-03), Henderson Far Eastome's current share price is $5.20. Henderson Far Eastome's Cyclically Adjusted Book per Share for the fiscal year that ended in Aug25 was $8.24. Henderson Far Eastome's Cyclically Adjusted PB Ratio for today is 0.63.

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

QQFHF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.53   Med: 0.86   Max: 1.21
Current: 0.7

During the past 13 years, Henderson Far Eastome's highest Cyclically Adjusted PB Ratio was 1.21. The lowest was 0.53. And the median was 0.86.

QQFHF's Cyclically Adjusted PB Ratio is ranked better than
61.12% of 998 companies
in the Asset Management industry
Industry Median: 0.84 vs QQFHF: 0.70

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.

Henderson Far Eastome's adjusted book value per share data of for the fiscal year that ended in Aug25 was $3.006. 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 $8.24 for the trailing ten years ended in Aug25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Henderson Far Eastome  (OTCPK:QQFHF) 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.


Henderson Far Eastome Cyclically Adjusted PB Ratio Related Terms


Henderson Far Eastome Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Henderson Far Eastome'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.

Henderson Far Eastome Cyclically Adjusted PB Ratio Chart

Henderson Far Eastome Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 0.75 0.58 0.62 0.63

Henderson Far Eastome Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 0.62 0.00 0.63 0.00

QQFHF vs BLK, BX, KKR: Cyclically Adjusted PB Ratio Comparison

For the Asset Management subindustry, Henderson Far Eastome'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.


Henderson Far Eastome Cyclically Adjusted PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Henderson Far Eastome's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


QQFHF
39GF Score
Henderson Far East Income Ltd QQFHF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Henderson Far Eastome 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.

Henderson Far Eastome's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.20/8.24
=0.63

* 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.

Henderson Far Eastome's Cyclically Adjusted Book per Share for the fiscal year that ended in Aug25 is calculated as:

For example, Henderson Far Eastome's adjusted Book Value per Share data for the fiscal year that ended in Aug25 was:

Adj_Book=Book Value per Share/CPI of Aug25 (Change)*Current CPI (Aug25)
=3.006/138.9000*138.9000
=3.006

Current CPI (Aug25) = 138.9000.

Henderson Far Eastome Annual Data

Book Value per Share CPI Adj_Book
201608 4.427 101.200 6.076
201708 4.860 104.000 6.491
201808 4.624 106.500 6.031
201908 4.367 108.300 5.601
202008 3.956 108.800 5.050
202108 4.132 112.100 5.120
202208 3.367 121.800 3.840
202308 2.822 129.400 3.029
202408 2.875 133.400 2.994
202508 3.006 138.900 3.006

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 0.63 mean?
Henderson Far Eastome (QQFHF) has a Cyclically Adjusted PB Ratio of 0.63 as of Aug. 03, 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 Henderson Far Eastome and its competitors. This is 27% below median its historical median of 0.86. Over the past decade, Henderson Far Eastome's Cyclically Adjusted PB Ratio has ranged from 0.53 to 1.21. According to the industry distribution chart, Henderson Far Eastome ranks #388 out of 998 companies in the Asset Management industry, placing it in the top 38.9%.
Is Henderson Far Eastome's Cyclically Adjusted PB Ratio too high?
Henderson Far Eastome's current Cyclically Adjusted PB Ratio of 0.63 is 27% below median its 10-year median of 0.86. Over the past 10 years, this metric has ranged from a low of 0.53 to a high of 1.21. The Asset Management industry median Cyclically Adjusted PB Ratio is 0.84. Henderson Far Eastome's value of 0.63 is 25% below this industry median. Based on the distribution chart, Henderson Far Eastome ranks #388 out of 998 companies in the Asset Management industry, which is above the industry midpoint. Overall, Henderson Far Eastome has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Henderson Far Eastome's Cyclically Adjusted PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Henderson Far Eastome ranks #388 out of 998 companies for Cyclically Adjusted PB Ratio. This puts Henderson Far Eastome in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.84. Henderson Far Eastome's value of 0.63 is 25% below this benchmark. Historically, Henderson Far Eastome's own Cyclically Adjusted PB Ratio has ranged from 0.53 to 1.21 over the past decade. While the company's 10-year median is 0.86 vs. the industry median of 0.84, Henderson Far Eastome 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 an Asset Management company?
The median Cyclically Adjusted PB Ratio among Asset Management companies is 0.84, based on 998 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. Henderson Far Eastome's current Cyclically Adjusted PB Ratio of 0.63 is 25% 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 Henderson Far Eastome and its competitors. For the Asset Management industry, the median Cyclically Adjusted PB Ratio is 0.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Henderson Far Eastome's current Cyclically Adjusted PB Ratio is 0.63, which is 27% below median its own 10-year median of 0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Henderson Far Eastome stock overvalued right now?
Henderson Far Eastome (QQFHF) has a current Cyclically Adjusted PB Ratio of 0.63. The current Cyclically Adjusted PB Ratio is 0.63, which is 27% below median its 10-year median of 0.86 and 25% below the Asset Management industry median of 0.84. Henderson Far Eastome's overall GF Score™ is 39/100 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 Henderson Far Eastome (QQFHF), the current Cyclically Adjusted PB Ratio is 0.63 as of Aug. 03, 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.

Henderson Far Eastome Business Description

Other Exchanges HFEL:UK
Address 201 Bishopsgate, London, GBR, EC2M 3AE
Henderson Far East Income Ltd is a closed-end investment company. Its investment objective is to provide shareholders with a growing total annual dividend per share, as well as capital appreciation, from a diversified portfolio of investments from the Asia Pacific region. The company mainly invests in listed equities of companies that are either listed in, registered in, or whose principal business is in, the Asia Pacific region which includes Japan, the Indian subcontinent and Australasia. It may also invest in unlisted securities which are expected to list, preference shares, fixed income securities, convertible securities, warrants, and collective investment schemes.
39GF Score

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

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