DL Holdings Group (HKSE:01709) Cyclically Adjusted PS Ratio: 4.31 (As of Sep. 13, 2026) — 73% Below Median

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HKSE:01709 DL Holdings Group Ltd HKSE:01709
55 GF Score
Price HK$0.91
GF Value HK$4.88
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is DL Holdings Group Cyclically Adjusted PS Ratio?

DL Holdings Group HKSE:01709 -1.09% 55 Cyclically Adjusted PS Ratio is 4.31 as of Sep. 13, 2026, which is 73% below its 10-year median of 15.83. GuruFocus rates HKSE:01709 with a GF Score™ of 55/100 and a GF Value™ of HK$4.88 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 68 Diversified Financial Services companies, DL Holdings Group ranks worse than 72.06% on this metric.

As of today (2026-09-13), DL Holdings Group's current share price is HK$0.905. DL Holdings Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar26 was HK$0.21. DL Holdings Group's Cyclically Adjusted PS Ratio for today is 4.31.

The historical rank and industry rank for DL Holdings Group's Cyclically Adjusted PS Ratio or its related term are showing as below:

HKSE:01709' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.31   Med: 15.83   Max: 25.86
Current: 4.4

During the past 12 years, DL Holdings Group's highest Cyclically Adjusted PS Ratio was 25.86. The lowest was 4.31. And the median was 15.83.

HKSE:01709's Cyclically Adjusted PS Ratio is ranked worse than
72.06% of 68 companies
in the Diversified Financial Services industry
Industry Median: 2.68 vs HKSE:01709: 4.40

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

DL Holdings Group's adjusted revenue per share data of for the fiscal year that ended in Mar26 was HK$0.178. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is HK$0.21 for the trailing ten years ended in Mar26.

Shiller PE for Stocks: The True Measure of Stock Valuation


DL Holdings Group  (HKSE:01709) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


DL Holdings Group Cyclically Adjusted PS Ratio Related Terms


DL Holdings Group Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for DL Holdings Group's Cyclically Adjusted PS 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.

DL Holdings Group Cyclically Adjusted PS Ratio Chart

DL Holdings Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 22.20 19.50 5.87

DL Holdings Group 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 PS 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 22.20 0.00 19.50 0.00 5.87

HKSE:01709 vs FRHC, VOYA: Cyclically Adjusted PS Ratio Comparison

For the Financial Conglomerates subindustry, DL Holdings Group's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


DL Holdings Group Cyclically Adjusted PS Ratio vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, DL Holdings Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where DL Holdings Group's Cyclically Adjusted PS Ratio falls into.


HKSE:01709
55GF Score
DL Holdings Group Ltd HKSE:01709
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DL Holdings Group Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

DL Holdings Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.905/0.21
=4.31

* 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.

DL Holdings Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar26 is calculated as:

For example, DL Holdings Group's adjusted Revenue per Share data for the fiscal year that ended in Mar26 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=0.178/121.4731*121.4731
=0.178

Current CPI (Mar26) = 121.4731.

DL Holdings Group Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201703 0.195 103.335 0.229
201803 0.264 105.973 0.303
201903 0.158 108.172 0.177
202003 0.190 110.920 0.208
202103 0.301 111.579 0.328
202203 0.210 113.558 0.225
202303 0.132 115.427 0.139
202403 0.138 117.735 0.142
202503 0.124 119.384 0.126
202603 0.178 121.473 0.178

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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 PS Ratio of 4.31 mean?
DL Holdings Group (HKSE:01709) has a Cyclically Adjusted PS Ratio of 4.31 as of Sep. 13, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on DL Holdings Group and its competitors. This is 73% below median its historical median of 15.83. Over the past decade, DL Holdings Group's Cyclically Adjusted PS Ratio has ranged from 4.31 to 25.86. According to the industry distribution chart, DL Holdings Group ranks #49 out of 68 companies in the Diversified Financial Services industry, placing it in the top 72.1%.
Is DL Holdings Group's Cyclically Adjusted PS Ratio too high?
DL Holdings Group's current Cyclically Adjusted PS Ratio of 4.31 is 73% below median its 10-year median of 15.83. Over the past 10 years, this metric has ranged from a low of 4.31 to a high of 25.86. The Diversified Financial Services industry median Cyclically Adjusted PS Ratio is 2.68. DL Holdings Group's value of 4.31 is 60.8% above this industry median. Based on the distribution chart, DL Holdings Group ranks #49 out of 68 companies in the Diversified Financial Services industry, which is below the industry midpoint. Overall, DL Holdings Group has a GF Score™ of 55/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does DL Holdings Group's Cyclically Adjusted PS Ratio compare to FRHC and VOYA?
According to the Diversified Financial Services industry distribution chart, DL Holdings Group ranks #49 out of 68 companies for Cyclically Adjusted PS Ratio. This places DL Holdings Group in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.68. DL Holdings Group's value of 4.31 is 60.8% above this benchmark. Historically, DL Holdings Group's own Cyclically Adjusted PS Ratio has ranged from 4.31 to 25.86 over the past decade. While the company's 10-year median is 15.83 vs. the industry median of 2.68, DL Holdings Group 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 PS Ratio for a Diversified Financial Services company?
The median Cyclically Adjusted PS Ratio among Diversified Financial Services companies is 2.68, based on 68 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. DL Holdings Group's current Cyclically Adjusted PS Ratio of 4.31 is 60.8% 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on DL Holdings Group and its competitors. For the Diversified Financial Services industry, the median Cyclically Adjusted PS Ratio is 2.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DL Holdings Group's current Cyclically Adjusted PS Ratio is 4.31, which is 73% below median its own 10-year median of 15.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DL Holdings Group stock overvalued right now?
Based on GuruFocus' analysis, DL Holdings Group (HKSE:01709) is currently considered Possible Value Trap. The stock's GF Value™ is HK$4.88, compared to a current price of HK$0.91 — trading 81.5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.31, which is 73% below median its 10-year median of 15.83 and 60.8% above the Diversified Financial Services industry median of 2.68. DL Holdings Group's overall GF Score™ is 55/100 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 PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For DL Holdings Group (HKSE:01709), the current Cyclically Adjusted PS Ratio is 4.31 as of Sep. 13, 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 DL Holdings Group (HKSE:01709) Overvalued in 2026?

Based on GuruFocus' analysis, DL Holdings Group stock appears to be undervalued. The current stock price of HK$0.91 is trading 81.5% below its estimated GF Value™ of HK$4.88. GuruFocus considers DL Holdings Group to be Possible Value Trap.

Key valuation signals for HKSE:01709:

  • Cyclically Adjusted PS Ratio: 4.31 (73% below median its 10-year median of 15.83)
  • GF Value™: HK$4.88 vs. price of HK$0.91 (81.5% below fair value)
  • GF Score™: 55/100 with 5 warning signs
  • Industry Position: 60.8% above the Diversified Financial Services median (#49 of 68)

No single metric tells the full story. See the HKSE:01709 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


DL Holdings Group Business Description

Address 28 Heung Yip Road, Room 2902, 29th Floor, Vertical Square, Wong Chuk Hang, Hong Kong, HKG
DL Holdings Group Ltd is an investment holding company. It operates in given segments that include Sales of apparel products, Financial services of the licensed business, Family office services business, Money lending services and Enterprise solutions services, Sales of apparel products. The company generates the majority of its revenue from Financial services which include the provision of financial advisory services; securities research services; securities trading and brokerage services; margin financing services; referral services; and investment management and advisory services to the customers.
55GF Score

Get the complete analysis for HKSE:01709

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

HK$0.91
Price
HK$4.88
GF Value