SHKLF (Sinotruk (Hong Kong)) Cyclically Adjusted PB Ratio: 2.00 (As of Jul. 23, 2026) — 44% Above Median

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Director of Data and Quant Analytics at GuruFocus
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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.

SHKLF Sinotruk (Hong Kong) Ltd SHKLF
82 GF Score
Price $3.38
GF Value $2.59
! 3 Warning Signs
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What is Sinotruk (Hong Kong) Cyclically Adjusted PB Ratio?

Sinotruk (Hong Kong) SHKLF 82 Cyclically Adjusted PB Ratio is 2.00 as of Jul. 23, 2026, which is 44% above its 10-year median of 1.39. GuruFocus rates SHKLF with a GF Score™ of 82/100 and a GF Value™ of $2.59. The stock has 3 warning signs investors should review. Among 166 Farm & Heavy Construction Machinery companies, Sinotruk (Hong Kong) ranks worse than 71.08% on this metric.

As of today (2026-07-23), Sinotruk (Hong Kong)'s current share price is $3.38. Sinotruk (Hong Kong)'s Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was $1.69. Sinotruk (Hong Kong)'s Cyclically Adjusted PB Ratio for today is 2.00.

The historical rank and industry rank for Sinotruk (Hong Kong)'s Cyclically Adjusted PB Ratio or its related term are showing as below:

SHKLF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.46   Med: 1.39   Max: 3.29
Current: 2.7

During the past 13 years, Sinotruk (Hong Kong)'s highest Cyclically Adjusted PB Ratio was 3.29. The lowest was 0.46. And the median was 1.39.

SHKLF's Cyclically Adjusted PB Ratio is ranked worse than
71.08% of 166 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.64 vs SHKLF: 2.70

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.

Sinotruk (Hong Kong)'s adjusted book value per share data of for the fiscal year that ended in Dec25 was $2.314. 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 $1.69 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sinotruk (Hong Kong)  (OTCPK:SHKLF) 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.


Sinotruk (Hong Kong) Cyclically Adjusted PB Ratio Related Terms


Sinotruk (Hong Kong) Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Sinotruk (Hong Kong)'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.

Sinotruk (Hong Kong) Cyclically Adjusted PB Ratio Chart

Sinotruk (Hong Kong) 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 1.08 0.93 1.25 1.78 2.00

Sinotruk (Hong Kong) 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 1.25 0.00 1.78 0.00 2.00

SHKLF vs CAT, DE, PCAR: Cyclically Adjusted PB Ratio Comparison

For the Farm & Heavy Construction Machinery subindustry, Sinotruk (Hong Kong)'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.


Sinotruk (Hong Kong) Cyclically Adjusted PB Ratio vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Sinotruk (Hong Kong)'s Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Sinotruk (Hong Kong)'s Cyclically Adjusted PB Ratio falls into.


SHKLF
82GF Score
Sinotruk (Hong Kong) Ltd SHKLF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Sinotruk (Hong Kong) 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.

Sinotruk (Hong Kong)'s Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.38/1.69
=2.00

* 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.

Sinotruk (Hong Kong)'s Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Sinotruk (Hong Kong)'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)
=2.314/115.8323*115.8323
=2.314

Current CPI (Dec25) = 115.8323.

Sinotruk (Hong Kong) Annual Data

Book Value per Share CPI Adj_Book
201612 1.042 102.600 1.176
201712 1.250 104.500 1.386
201812 1.341 106.500 1.459
201912 1.361 111.200 1.418
202012 1.779 111.500 1.848
202112 2.028 113.108 2.077
202212 1.867 115.116 1.879
202312 2.043 114.781 2.062
202412 2.048 114.893 2.065
202512 2.314 115.832 2.314

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 2.00 mean?
Sinotruk (Hong Kong) (SHKLF) has a Cyclically Adjusted PB Ratio of 2.00 as of Jul. 23, 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 Sinotruk (Hong Kong) and its competitors. This is 44% above median its historical median of 1.39. Over the past decade, Sinotruk (Hong Kong)'s Cyclically Adjusted PB Ratio has ranged from 0.46 to 3.29. According to the industry distribution chart, Sinotruk (Hong Kong) ranks #118 out of 166 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 71.1%.
Is Sinotruk (Hong Kong)'s Cyclically Adjusted PB Ratio too high?
Sinotruk (Hong Kong)'s current Cyclically Adjusted PB Ratio of 2.00 is 44% above median its 10-year median of 1.39. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 3.29. The Farm & Heavy Construction Machinery industry median Cyclically Adjusted PB Ratio is 1.64. Sinotruk (Hong Kong)'s value of 2.00 is 22% above this industry median. Based on the distribution chart, Sinotruk (Hong Kong) ranks #118 out of 166 companies in the Farm & Heavy Construction Machinery industry, which is below the industry midpoint. Overall, Sinotruk (Hong Kong) has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Sinotruk (Hong Kong)'s Cyclically Adjusted PB Ratio compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Sinotruk (Hong Kong) ranks #118 out of 166 companies for Cyclically Adjusted PB Ratio. This places Sinotruk (Hong Kong) in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.64. Sinotruk (Hong Kong)'s value of 2.00 is 22% above this benchmark. Historically, Sinotruk (Hong Kong)'s own Cyclically Adjusted PB Ratio has ranged from 0.46 to 3.29 over the past decade. While the company's 10-year median is 1.39 vs. the industry median of 1.64, Sinotruk (Hong Kong) 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 Farm & Heavy Construction Machinery company?
The median Cyclically Adjusted PB Ratio among Farm & Heavy Construction Machinery companies is 1.64, based on 166 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. Sinotruk (Hong Kong)'s current Cyclically Adjusted PB Ratio of 2.00 is 22% 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 Sinotruk (Hong Kong) and its competitors. For the Farm & Heavy Construction Machinery industry, the median Cyclically Adjusted PB Ratio is 1.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sinotruk (Hong Kong)'s current Cyclically Adjusted PB Ratio is 2.00, which is 44% above median its own 10-year median of 1.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sinotruk (Hong Kong) stock overvalued right now?
Sinotruk (Hong Kong) (SHKLF) has a current Cyclically Adjusted PB Ratio of 2.00. The stock's GF Value™ is $2.59, compared to a current price of $3.38 — trading 30.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.00, which is 44% above median its 10-year median of 1.39 and 22% above the Farm & Heavy Construction Machinery industry median of 1.64. Sinotruk (Hong Kong)'s overall GF Score™ is 82/100 with 3 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 Sinotruk (Hong Kong) (SHKLF), the current Cyclically Adjusted PB Ratio is 2.00 as of Jul. 23, 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 Sinotruk (Hong Kong) (SHKLF) Overvalued in 2026?

Based on GuruFocus' analysis, Sinotruk (Hong Kong) stock appears to be overvalued. The current stock price of $3.38 is trading 30.5% above its estimated GF Value™ of $2.59.

Key valuation signals for SHKLF:

  • Cyclically Adjusted PB Ratio: 2.00 (44% above median its 10-year median of 1.39)
  • GF Value™: $2.59 vs. price of $3.38 (30.5% above fair value)
  • GF Score™: 82/100 with 3 warning signs
  • Industry Position: 22% above the Farm & Heavy Construction Machinery median (#118 of 166)

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


Sinotruk (Hong Kong) Business Description

Other Exchanges 03808:Hong Kong4SK:Germany
Address No. 777 Hua’ao Road, Sinotruk Tower, Innovation Zone, Gaoxin District, Shandong Province, Ji’nan, CHN, 250101
Sinotruk (Hong Kong) Ltd is an investment holding company. The company manages its business in three segments: Heavy Duty Trucks, which includes the manufacture and sale of heavy-duty trucks, medium-heavy duty trucks, and related components; Light Duty Trucks & Others, which manufactures and sells light-duty trucks, buses, etc., and related components; and Finance, which includes the provision of auto financing services to the public. The vast majority of its revenue comes from the Heavy-duty trucks segment. Its geographical segments are Mainland China and Overseas.
82GF 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.

$3.38
Price
$2.59
GF Value