Leadway Technology Investment Group (STU:CQZ) Cyclically Adjusted PB Ratio: 1.37 (As of Aug. 18, 2026) — 32% Below Median

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STU:CQZ Leadway Technology Investment Group Ltd STU:CQZ
43 GF Score
Price €0.43
GF Value €0.47
! 1 Warning Sign
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What is Leadway Technology Investment Group Cyclically Adjusted PB Ratio?

Leadway Technology Investment Group STU:CQZ 43 Cyclically Adjusted PB Ratio is 1.37 as of Aug. 18, 2026, which is 32% below its 10-year median of 2.00. GuruFocus rates STU:CQZ with a GF Score™ of 43/100 and a GF Value™ of €0.47. The stock has 1 warning sign investors should review. Among 719 Business Services companies, Leadway Technology Investment Group ranks better than 50.49% on this metric.

As of today (2026-08-18), Leadway Technology Investment Group's current share price is €0.426. Leadway Technology Investment Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was €0.31. Leadway Technology Investment Group's Cyclically Adjusted PB Ratio for today is 1.37.

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

STU:CQZ' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.95   Med: 2   Max: 14.03
Current: 1.53

During the past 13 years, Leadway Technology Investment Group's highest Cyclically Adjusted PB Ratio was 14.03. The lowest was 0.95. And the median was 2.00.

STU:CQZ's Cyclically Adjusted PB Ratio is ranked better than
50.49% of 719 companies
in the Business Services industry
Industry Median: 1.54 vs STU:CQZ: 1.53

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.

Leadway Technology Investment Group's adjusted book value per share data of for the fiscal year that ended in Dec25 was €0.020. 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 €0.31 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Leadway Technology Investment Group  (STU:CQZ) 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.


Leadway Technology Investment Group Cyclically Adjusted PB Ratio Related Terms


Leadway Technology Investment Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Leadway Technology Investment Group'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.

Leadway Technology Investment Group Cyclically Adjusted PB Ratio Chart

Leadway Technology Investment Group 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 2.39 2.96 1.87 1.14 1.37

Leadway Technology Investment Group 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 1.87 0.00 1.14 0.00 1.37

STU:CQZ vs ALLE, MSA, ADT: Cyclically Adjusted PB Ratio Comparison

For the Security & Protection Services subindustry, Leadway Technology Investment Group'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.


Leadway Technology Investment Group Cyclically Adjusted PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Leadway Technology Investment Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Leadway Technology Investment Group's Cyclically Adjusted PB Ratio falls into.


STU:CQZ
43GF Score
Leadway Technology Investment Group Ltd STU:CQZ
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Leadway Technology Investment Group 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.

Leadway Technology Investment Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.426/0.31
=1.37

* 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.

Leadway Technology Investment Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Leadway Technology Investment Group'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)
=0.02/120.7036*120.7036
=0.020

Current CPI (Dec25) = 120.7036.

Leadway Technology Investment Group Annual Data

Book Value per Share CPI Adj_Book
201612 0.056 103.225 0.065
201712 0.052 104.984 0.060
201812 0.045 107.622 0.050
201912 0.043 110.700 0.047
202012 0.034 109.711 0.037
202112 0.029 112.349 0.031
202212 0.030 114.548 0.032
202312 0.021 117.296 0.022
202412 0.024 118.945 0.024
202512 0.020 120.704 0.020

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 1.37 mean?
Leadway Technology Investment Group (STU:CQZ) has a Cyclically Adjusted PB Ratio of 1.37 as of Aug. 18, 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 Leadway Technology Investment Group and its competitors. This is 32% below median its historical median of 2.00. Over the past decade, Leadway Technology Investment Group's Cyclically Adjusted PB Ratio has ranged from 0.95 to 14.03. According to the industry distribution chart, Leadway Technology Investment Group ranks #356 out of 719 companies in the Business Services industry, placing it in the top 49.5%.
Is Leadway Technology Investment Group's Cyclically Adjusted PB Ratio too high?
Leadway Technology Investment Group's current Cyclically Adjusted PB Ratio of 1.37 is 32% below median its 10-year median of 2.00. Over the past 10 years, this metric has ranged from a low of 0.95 to a high of 14.03. The Business Services industry median Cyclically Adjusted PB Ratio is 1.54. Leadway Technology Investment Group's value of 1.37 is 11% below this industry median. Based on the distribution chart, Leadway Technology Investment Group ranks #356 out of 719 companies in the Business Services industry, which is above the industry midpoint. Overall, Leadway Technology Investment Group has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Leadway Technology Investment Group's Cyclically Adjusted PB Ratio compare to ALLE and MSA?
According to the Business Services industry distribution chart, Leadway Technology Investment Group ranks #356 out of 719 companies for Cyclically Adjusted PB Ratio. This puts Leadway Technology Investment Group in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.54. Leadway Technology Investment Group's value of 1.37 is 11% below this benchmark. Historically, Leadway Technology Investment Group's own Cyclically Adjusted PB Ratio has ranged from 0.95 to 14.03 over the past decade. While the company's 10-year median is 2.00 vs. the industry median of 1.54, Leadway Technology Investment Group 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 Business Services company?
The median Cyclically Adjusted PB Ratio among Business Services companies is 1.54, based on 719 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. Leadway Technology Investment Group's current Cyclically Adjusted PB Ratio of 1.37 is 11% 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 Leadway Technology Investment Group and its competitors. For the Business Services industry, the median Cyclically Adjusted PB Ratio is 1.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Leadway Technology Investment Group's current Cyclically Adjusted PB Ratio is 1.37, which is 32% below median its own 10-year median of 2.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leadway Technology Investment Group stock overvalued right now?
Leadway Technology Investment Group (STU:CQZ) has a current Cyclically Adjusted PB Ratio of 1.37. The stock's GF Value™ is €0.47, compared to a current price of €0.43 — trading 9.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.37, which is 32% below median its 10-year median of 2.00 and 11% below the Business Services industry median of 1.54. Leadway Technology Investment Group's overall GF Score™ is 43/100 with 1 warning sign 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 Leadway Technology Investment Group (STU:CQZ), the current Cyclically Adjusted PB Ratio is 1.37 as of Aug. 18, 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 Leadway Technology Investment Group (STU:CQZ) Overvalued in 2026?

Based on GuruFocus' analysis, Leadway Technology Investment Group stock appears to be undervalued. The current stock price of €0.43 is trading 9.4% below its estimated GF Value™ of €0.47.

Key valuation signals for STU:CQZ:

  • Cyclically Adjusted PB Ratio: 1.37 (32% below median its 10-year median of 2.00)
  • GF Value™: €0.47 vs. price of €0.43 (9.4% below fair value)
  • GF Score™: 43/100 with 1 warning sign
  • Industry Position: 11% below the Business Services median (#356 of 719)

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


Leadway Technology Investment Group Business Description

Other Exchanges 02086:Hong Kong
Address Manhattan Place, 23 Wang Tai Road, Units 4108-4110, 41st Floor, Kowloon Bay, Hong Kong, HKG
Leadway Technology Investment Group Ltd is an investment holding company. It is smart card reader supplier and is into the research and development of smart card operating systems and readers. It constantly offers a wide range of new products and promotes the application of smart cards in different areas. The principal activities of the Group are the development, sales and distribution of smart card products, software and hardware and the provision of smart card related services. The company has only one operating segment. The company has presence in Europe, Asia Pacific, The Americas, and Middle East and Africa. The company generates majority of revenue from Asia Pacific.
43GF Score

Get the complete analysis for STU:CQZ

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

€0.43
Price
€0.47
GF Value