TUGHF (Tungtex (Holdings) Co) Cyclically Adjusted PB Ratio: 0.25 (As of Jul. 26, 2026) — 19% Below Median

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TUGHF Tungtex (Holdings) Co Ltd TUGHF
40 GF Score
Price $0.03
GF Value $0.04
! 2 Warning Signs
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What is Tungtex (Holdings) Co Cyclically Adjusted PB Ratio?

Tungtex (Holdings) Co TUGHF 40 Cyclically Adjusted PB Ratio is 0.25 as of Jul. 26, 2026, which is 19% below its 10-year median of 0.31. GuruFocus rates TUGHF with a GF Score™ of 40/100 and a GF Value™ of $0.04. The stock has 2 warning signs investors should review. Among 875 Manufacturing - Apparel & Accessories companies, Tungtex (Holdings) Co ranks better than 93.26% on this metric.

As of today (2026-07-26), Tungtex (Holdings) Co's current share price is $0.03267. Tungtex (Holdings) Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar25 was $0.13. Tungtex (Holdings) Co's Cyclically Adjusted PB Ratio for today is 0.25.

The historical rank and industry rank for Tungtex (Holdings) Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

TUGHF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.31   Max: 0.76
Current: 0.18

During the past 13 years, Tungtex (Holdings) Co's highest Cyclically Adjusted PB Ratio was 0.76. The lowest was 0.16. And the median was 0.31.

TUGHF's Cyclically Adjusted PB Ratio is ranked better than
93.26% of 875 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.97 vs TUGHF: 0.18

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.

Tungtex (Holdings) Co's adjusted book value per share data of for the fiscal year that ended in Mar25 was $0.112. 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 $0.13 for the trailing ten years ended in Mar25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tungtex (Holdings) Co  (OTCPK:TUGHF) 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.


Tungtex (Holdings) Co Cyclically Adjusted PB Ratio Related Terms


Tungtex (Holdings) Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Tungtex (Holdings) Co'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.

Tungtex (Holdings) Co Cyclically Adjusted PB Ratio Chart

Tungtex (Holdings) Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.24 0.24 0.22 0.20 0.00

Tungtex (Holdings) Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 0.22 0.00 0.20 0.00 0.00

TUGHF vs RL, LEVI, VFC: Cyclically Adjusted PB Ratio Comparison

For the Apparel Manufacturing subindustry, Tungtex (Holdings) Co'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.


Tungtex (Holdings) Co Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Tungtex (Holdings) Co's Cyclically Adjusted PB Ratio falls into.


TUGHF
40GF Score
Tungtex (Holdings) Co Ltd TUGHF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Tungtex (Holdings) Co 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.

Tungtex (Holdings) Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.03267/0.13
=0.25

* 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.

Tungtex (Holdings) Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar25 is calculated as:

For example, Tungtex (Holdings) Co's adjusted Book Value per Share data for the fiscal year that ended in Mar25 was:

Adj_Book=Book Value per Share/CPI of Mar25 (Change)*Current CPI (Mar25)
=0.112/119.3844*119.3844
=0.112

Current CPI (Mar25) = 119.3844.

Tungtex (Holdings) Co Annual Data

Book Value per Share CPI Adj_Book
201603 0.173 102.785 0.201
201703 0.131 103.335 0.151
201803 0.131 105.973 0.148
201903 0.097 108.172 0.107
202003 0.076 110.920 0.082
202103 0.123 111.579 0.132
202203 0.115 113.558 0.121
202303 0.118 115.427 0.122
202403 0.113 117.735 0.115
202503 0.112 119.384 0.112

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 0.25 mean?
Tungtex (Holdings) Co (TUGHF) has a Cyclically Adjusted PB Ratio of 0.25 as of Jul. 26, 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 Tungtex (Holdings) Co and its competitors. This is 19% below median its historical median of 0.31. Over the past decade, Tungtex (Holdings) Co's Cyclically Adjusted PB Ratio has ranged from 0.16 to 0.76. According to the industry distribution chart, Tungtex (Holdings) Co ranks #59 out of 875 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 6.7%.
Is Tungtex (Holdings) Co's Cyclically Adjusted PB Ratio too high?
Tungtex (Holdings) Co's current Cyclically Adjusted PB Ratio of 0.25 is 19% below median its 10-year median of 0.31. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 0.76. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PB Ratio is 0.97. Tungtex (Holdings) Co's value of 0.25 is 74.2% below this industry median. Based on the distribution chart, Tungtex (Holdings) Co ranks #59 out of 875 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Tungtex (Holdings) Co has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Tungtex (Holdings) Co's Cyclically Adjusted PB Ratio compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Tungtex (Holdings) Co ranks #59 out of 875 companies for Cyclically Adjusted PB Ratio. This places Tungtex (Holdings) Co in the top 7% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.97. Tungtex (Holdings) Co's value of 0.25 is 74.2% below this benchmark. Historically, Tungtex (Holdings) Co's own Cyclically Adjusted PB Ratio has ranged from 0.16 to 0.76 over the past decade. While the company's 10-year median is 0.31 vs. the industry median of 0.97, Tungtex (Holdings) Co 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 Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted PB Ratio among Manufacturing - Apparel & Accessories companies is 0.97, based on 875 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. Tungtex (Holdings) Co's current Cyclically Adjusted PB Ratio of 0.25 is 74.2% 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 Tungtex (Holdings) Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PB Ratio is 0.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tungtex (Holdings) Co's current Cyclically Adjusted PB Ratio is 0.25, which is 19% below median its own 10-year median of 0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tungtex (Holdings) Co stock overvalued right now?
Tungtex (Holdings) Co (TUGHF) has a current Cyclically Adjusted PB Ratio of 0.25. The stock's GF Value™ is $0.04, compared to a current price of $0.03 — trading 18.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.25, which is 19% below median its 10-year median of 0.31 and 74.2% below the Manufacturing - Apparel & Accessories industry median of 0.97. Tungtex (Holdings) Co's overall GF Score™ is 40/100 with 2 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 Tungtex (Holdings) Co (TUGHF), the current Cyclically Adjusted PB Ratio is 0.25 as of Jul. 26, 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 Tungtex (Holdings) Co (TUGHF) Overvalued in 2026?

Based on GuruFocus' analysis, Tungtex (Holdings) Co stock appears to be undervalued. The current stock price of $0.03 is trading 18.3% below its estimated GF Value™ of $0.04.

Key valuation signals for TUGHF:

  • Cyclically Adjusted PB Ratio: 0.25 (19% below median its 10-year median of 0.31)
  • GF Value™: $0.04 vs. price of $0.03 (18.3% below fair value)
  • GF Score™: 40/100 with 2 warning signs
  • Industry Position: 74.2% below the Manufacturing - Apparel & Accessories median (#59 of 875)

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


Tungtex (Holdings) Co Business Description

Other Exchanges 00518:Hong Kong
Address No. 83 Hung To Road, Office A, 26th Floor, EGL Tower, Kwun Tong, Kowloon, Hong Kong, HKG
Tungtex (Holdings) Co Ltd is engaged in the business of manufacturing and sale of garments products. The operating segments of the group are North America, Asia, and Europe and others. Its customers are located in the PRC, the USA, Canada, European countries, and other countries, of which key revenue is generated from the USA. The company offers Silk-blended, Linen, Cotton, Synthetic items, and other products.
40GF Score

Get the complete analysis for TUGHF

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

$0.03
Price
$0.04
GF Value