SLNLF (Stella International Holdings) Cyclically Adjusted PB Ratio: 2.35 (As of Aug. 12, 2026) — 120% Above Median

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SLNLF Stella International Holdings Ltd SLNLF
78 GF Score
Price $1.41
GF Value $1.38
! 5 Warning Signs
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What is Stella International Holdings Cyclically Adjusted PB Ratio?

Stella International Holdings SLNLF 78 Cyclically Adjusted PB Ratio is 2.35 as of Aug. 12, 2026, which is 120% above its 10-year median of 1.07. GuruFocus rates SLNLF with a GF Score™ of 78/100 and a GF Value™ of $1.38. The stock has 5 warning signs investors should review. Among 838 Manufacturing - Apparel & Accessories companies, Stella International Holdings ranks worse than 61.46% on this metric.

As of today (2026-08-12), Stella International Holdings's current share price is $1.41. Stella International Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was $0.60. Stella International Holdings's Cyclically Adjusted PB Ratio for today is 2.35.

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

SLNLF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.69   Med: 1.07   Max: 1.83
Current: 1.34

During the past 13 years, Stella International Holdings's highest Cyclically Adjusted PB Ratio was 1.83. The lowest was 0.69. And the median was 1.07.

SLNLF's Cyclically Adjusted PB Ratio is ranked worse than
61.46% of 838 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.98 vs SLNLF: 1.34

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.

Stella International Holdings's adjusted book value per share data of for the fiscal year that ended in Dec25 was $1.308. 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 $0.60 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Stella International Holdings  (OTCPK:SLNLF) 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.


Stella International Holdings Cyclically Adjusted PB Ratio Related Terms


Stella International Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Stella International 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.

Stella International Holdings Cyclically Adjusted PB Ratio Chart

Stella International Holdings 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 0.93 0.72 0.89 1.57 1.43

Stella International Holdings 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 0.89 0.00 1.57 0.00 1.43

SLNLF vs NKE, DECK, ONON: Cyclically Adjusted PB Ratio Comparison

For the Footwear & Accessories subindustry, Stella International 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.


Stella International Holdings Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Stella International Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


SLNLF
78GF Score
Stella International Holdings Ltd SLNLF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Stella International 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.

Stella International Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.41/0.60
=2.35

* 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.

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

For example, Stella International Holdings'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)
=1.308/120.7036*120.7036
=1.308

Current CPI (Dec25) = 120.7036.

Stella International Holdings Annual Data

Book Value per Share CPI Adj_Book
201612 1.232 103.225 1.441
201712 1.223 104.984 1.406
201812 1.200 107.622 1.346
201912 1.207 110.700 1.316
202012 1.163 109.711 1.280
202112 1.258 112.349 1.352
202212 1.258 114.548 1.326
202312 1.325 117.296 1.363
202412 1.340 118.945 1.360
202512 1.308 120.704 1.308

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 2.35 mean?
Stella International Holdings (SLNLF) has a Cyclically Adjusted PB Ratio of 2.35 as of Aug. 12, 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 Stella International Holdings and its competitors. This is 120% above median its historical median of 1.07. Over the past decade, Stella International Holdings' Cyclically Adjusted PB Ratio has ranged from 0.69 to 1.83. According to the industry distribution chart, Stella International Holdings ranks #515 out of 838 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 61.5%.
Is Stella International Holdings' Cyclically Adjusted PB Ratio too high?
Stella International Holdings' current Cyclically Adjusted PB Ratio of 2.35 is 120% above median its 10-year median of 1.07. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 1.83. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PB Ratio is 0.98. Stella International Holdings' value of 2.35 is 139.8% above this industry median. Based on the distribution chart, Stella International Holdings ranks #515 out of 838 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Stella International Holdings has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does Stella International Holdings' Cyclically Adjusted PB Ratio compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Stella International Holdings ranks #515 out of 838 companies for Cyclically Adjusted PB Ratio. This places Stella International Holdings in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.98. Stella International Holdings' value of 2.35 is 139.8% above this benchmark. Historically, Stella International Holdings' own Cyclically Adjusted PB Ratio has ranged from 0.69 to 1.83 over the past decade. While the company's 10-year median is 1.07 vs. the industry median of 0.98, Stella International Holdings 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 Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted PB Ratio among Manufacturing - Apparel & Accessories companies is 0.98, based on 838 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. Stella International Holdings's current Cyclically Adjusted PB Ratio of 2.35 is 139.8% 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 Stella International Holdings and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PB Ratio is 0.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Stella International Holdings's current Cyclically Adjusted PB Ratio is 2.35, which is 120% above median its own 10-year median of 1.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stella International Holdings stock overvalued right now?
Stella International Holdings (SLNLF) has a current Cyclically Adjusted PB Ratio of 2.35. The stock's GF Value™ is $1.38, compared to a current price of $1.41 — trading 2.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.35, which is 120% above median its 10-year median of 1.07 and 139.8% above the Manufacturing - Apparel & Accessories industry median of 0.98. Stella International Holdings' overall GF Score™ is 78/100 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 Stella International Holdings (SLNLF), the current Cyclically Adjusted PB Ratio is 2.35 as of Aug. 12, 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 Stella International Holdings (SLNLF) Overvalued in 2026?

Based on GuruFocus' analysis, Stella International Holdings stock appears to be overvalued. The current stock price of $1.41 is trading 2.2% above its estimated GF Value™ of $1.38.

Key valuation signals for SLNLF:

  • Cyclically Adjusted PB Ratio: 2.35 (120% above median its 10-year median of 1.07)
  • GF Value™: $1.38 vs. price of $1.41 (2.2% above fair value)
  • GF Score™: 78/100 with 5 warning signs
  • Industry Position: 139.8% above the Manufacturing - Apparel & Accessories median (#515 of 838)

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


Stella International Holdings Business Description

Other Exchanges 01836:Hong Kong31S:Germany
Address 133 Hoi Bun Road, Flat C, 20th Floor, MG Tower, Kowloon, HKG
Stella International Holdings Ltd, along with its subsidiaries, designs and manufactures footwear and leather goods, which are sold to consumers under its brand names. Stella's clients include many of the world's top casual footwear companies as well as several prominent fashion and high-fashion companies and brands. It operates in two reportable segments: Manufacturing, and Retailing and Wholesaling. The Manufacturing segment, which generates the maximum revenue, engages in the sale and manufacture of footwear and handbags. The Retailing and Wholesaling segment engages in the sale of products of self-developed brands. Geographically, the Group generates maximum revenue from North America, and the rest from Europe, PRC, Asia (excluding PRC), and other countries.
78GF Score

Get the complete analysis for SLNLF

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

$1.41
Price
$1.38
GF Value