SWRBY (Swire Pacific) Cyclically Adjusted PB Ratio: 0.94 (As of Jun. 24, 2026) — 34% Above Median


SWRBY Swire Pacific Ltd SWRBY
62 GF Score
Price $8.25
GF Value $2.86
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Swire Pacific Cyclically Adjusted PB Ratio?

Swire Pacific SWRBY 62 Cyclically Adjusted PB Ratio is 0.94 as of Jun. 24, 2026, which is 34% above its 10-year median of 0.70. GuruFocus rates SWRBY with a GF Score™ of 62/100 and a GF Value™ of $2.86 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 476 Conglomerates companies, Swire Pacific ranks worse than 51.05% on this metric.

As of today (2026-06-24), Swire Pacific's current share price is $8.25. Swire Pacific's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was $8.82. Swire Pacific's Cyclically Adjusted PB Ratio for today is 0.94.

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

SWRBY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.23   Med: 0.7   Max: 1.24
Current: 1.11

During the past 13 years, Swire Pacific's highest Cyclically Adjusted PB Ratio was 1.24. The lowest was 0.23. And the median was 0.70.

SWRBY's Cyclically Adjusted PB Ratio is ranked worse than
51.05% of 476 companies
in the Conglomerates industry
Industry Median: 1.08 vs SWRBY: 1.11

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.

Swire Pacific's adjusted book value per share data of for the fiscal year that ended in Dec25 was $45.978. 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 $8.82 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Swire Pacific  (OTCPK:SWRBY) 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.


Swire Pacific Cyclically Adjusted PB Ratio Related Terms


Swire Pacific Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Swire Pacific'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.

Swire Pacific Cyclically Adjusted PB Ratio Chart

Swire Pacific 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 0.66 1.00 0.94 0.99 0.86

Swire Pacific 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 0.94 0.00 0.99 0.00 0.86

SWRBY vs HON, MMM: Cyclically Adjusted PB Ratio Comparison

For the Conglomerates subindustry, Swire Pacific'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.


Swire Pacific Cyclically Adjusted PB Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Swire Pacific's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


SWRBY
62GF Score
Swire Pacific Ltd SWRBY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Swire Pacific 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.

Swire Pacific's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.25/8.82
=0.94

* 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.

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

For example, Swire Pacific'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)
=45.978/120.7036*120.7036
=45.978

Current CPI (Dec25) = 120.7036.

Swire Pacific Annual Data

Book Value per Share CPI Adj_Book
201612 37.156 103.225 43.448
201712 41.674 104.984 47.914
201812 44.486 107.622 49.893
201912 45.053 110.700 49.124
202012 43.590 109.711 47.958
202112 43.957 112.349 47.226
202212 43.601 114.548 45.944
202312 45.423 117.296 46.743
202412 45.290 118.945 45.960
202512 45.978 120.704 45.978

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 0.94 mean?
Swire Pacific (SWRBY) has a Cyclically Adjusted PB Ratio of 0.94 as of Jun. 24, 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 Swire Pacific and its competitors. This is 34% above median its historical median of 0.70. Over the past decade, Swire Pacific's Cyclically Adjusted PB Ratio has ranged from 0.23 to 1.24. According to the industry distribution chart, Swire Pacific ranks #243 out of 476 companies in the Conglomerates industry, placing it in the top 51.1%.
Is Swire Pacific's Cyclically Adjusted PB Ratio too high?
Swire Pacific's current Cyclically Adjusted PB Ratio of 0.94 is 34% above median its 10-year median of 0.70. Over the past 10 years, this metric has ranged from a low of 0.23 to a high of 1.24. The Conglomerates industry median Cyclically Adjusted PB Ratio is 1.08. Swire Pacific's value of 0.94 is 13% below this industry median. Based on the distribution chart, Swire Pacific ranks #243 out of 476 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Swire Pacific has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Swire Pacific's Cyclically Adjusted PB Ratio compare to HON and MMM?
According to the Conglomerates industry distribution chart, Swire Pacific ranks #243 out of 476 companies for Cyclically Adjusted PB Ratio. This places Swire Pacific in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.08. Swire Pacific's value of 0.94 is 13% below this benchmark. Historically, Swire Pacific's own Cyclically Adjusted PB Ratio has ranged from 0.23 to 1.24 over the past decade. While the company's 10-year median is 0.70 vs. the industry median of 1.08, Swire Pacific 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 Conglomerates company?
The median Cyclically Adjusted PB Ratio among Conglomerates companies is 1.08, based on 476 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. Swire Pacific's current Cyclically Adjusted PB Ratio of 0.94 is 13% 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 Swire Pacific and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PB Ratio is 1.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Swire Pacific's current Cyclically Adjusted PB Ratio is 0.94, which is 34% above median its own 10-year median of 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Swire Pacific stock overvalued right now?
Based on GuruFocus' analysis, Swire Pacific (SWRBY) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.86, compared to a current price of $8.25 — trading 188.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.94, which is 34% above median its 10-year median of 0.70 and 13% below the Conglomerates industry median of 1.08. Swire Pacific's overall GF Score™ is 62/100 with 6 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 Swire Pacific (SWRBY), the current Cyclically Adjusted PB Ratio is 0.94 as of Jun. 24, 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 Swire Pacific (SWRBY) Overvalued in 2026?

Based on GuruFocus' analysis, Swire Pacific stock appears to be overvalued. The current stock price of $8.25 is trading 188.5% above its estimated GF Value™ of $2.86. GuruFocus considers Swire Pacific to be Significantly Overvalued.

Key valuation signals for SWRBY:

  • Cyclically Adjusted PB Ratio: 0.94 (34% above median its 10-year median of 0.70)
  • GF Value™: $2.86 vs. price of $8.25 (188.5% above fair value)
  • GF Score™: 62/100 with 6 warning signs
  • Industry Position: 13% below the Conglomerates median (#243 of 476)

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


Swire Pacific Business Description

Address 88 Queensway, GPO Box 1, 33rd Floor, One Pacific Place, Hong Kong, HKG
Swire Pacific is a Hong Kong-based conglomerate with interests in property, aviation, beverage, trading, and industrials. The property division, an 82% stake in Swire Properties, contributes more than half of the group's operating profit. The beverage division is one of two Coca-Cola bottlers in mainland China and also a bottler in Hong Kong, Taiwan, Thailand, Laos, Vietnam, and Cambodia. The aviation division consists of Haeco, an aircraft engineering company, and a 45% stake in Cathay Pacific. John Swire & Sons, the parent company, holds a 64% stake in Swire Pacific but has 71% of the voting rights through a dual-class share structure.
62GF Score

Get the complete analysis for SWRBY

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

$8.25
Price
$2.86
GF Value