MINISO Group HoldingFRA:MIF0 +0.85%74 PB Ratio is 2.19 as of Jul. 12, 2026, which is 48% below its 10-year median of 4.24. GuruFocus rates FRA:MIF0 with a GF Score™ of 74/100 and a GF Value™ of €6.61 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,076 Retail - Cyclical companies, MINISO Group Holding ranks worse than 65.8% on this metric.
MINISO Group Holding Ltd stock PB Ratio (=2.24) is close to 3-year low of 2.17.
The historical rank and industry rank for MINISO Group Holding's PB Ratio or its related term are showing as below:
FRA:MIF0'
s PB Ratio Range Over the Past 10 Years
Min: 1.39 Med: 4.24 Max: 10.57
Current: 2.24
During the past 8 years, MINISO Group Holding's highest PB Ratio was 10.57. The lowest was 1.39. And the median was 4.24.
FRA:MIF0's PB Ratio is ranked worse than 65.8% of 1076
companies
in the Retail - Cyclical industry
Industry Median: 1.465
vs FRA:MIF0: 2.24
During the past 12 months, MINISO Group Holding's average Book Value Per Share Growth Rate was 10.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 14.30% per year.
During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of MINISO Group Holding was 14.30% per year. The lowest was 10.70% per year. And the median was 12.50% per year.
Back to Basics: PB Ratio
MINISO Group Holding (FRA:MIF0) PB Ratio Explanation
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
MINISO Group Holding PB Ratio Related Terms
MINISO Group Holding PB Ratio Historical Data
* Premium members only.
The historical data trend for MINISO Group Holding's 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.
For the Specialty Retail subindustry, MINISO Group Holding's PB Ratio, along with its competitors' market caps and 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.
MINISO Group Holding PB Ratio vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, MINISO Group Holding's PB Ratio distribution charts can be found below:
* The bar in red indicates where MINISO Group Holding's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
MINISO Group Holding (FRA:MIF0) has a PB Ratio of 2.19 as of Jul. 12, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on MINISO Group Holding and its competitors. This is 48% below median its historical median of 4.24. Over the past decade, MINISO Group Holding's PB Ratio has ranged from 1.39 to 10.57. According to the industry distribution chart, MINISO Group Holding ranks #708 out of 1076 companies in the Retail - Cyclical industry, placing it in the top 65.8%.
Is MINISO Group Holding's PB Ratio too high?
MINISO Group Holding's current PB Ratio of 2.19 is 48% below median its 10-year median of 4.24. Over the past 10 years, this metric has ranged from a low of 1.39 to a high of 10.57. The Retail - Cyclical industry median PB Ratio is 1.47. MINISO Group Holding's value of 2.19 is 49.5% above this industry median. Based on the distribution chart, MINISO Group Holding ranks #708 out of 1076 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, MINISO Group Holding has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MINISO Group Holding's PB Ratio compare to RH and ASO?
According to the Retail - Cyclical industry distribution chart, MINISO Group Holding ranks #708 out of 1076 companies for PB Ratio. This places MINISO Group Holding in the lower half of its industry. The industry median PB Ratio is 1.47. MINISO Group Holding's value of 2.19 is 49.5% above this benchmark. Historically, MINISO Group Holding's own PB Ratio has ranged from 1.39 to 10.57 over the past decade. While the company's 10-year median is 4.24 vs. the industry median of 1.47, MINISO Group Holding 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 PB Ratio for a Retail - Cyclical company?
The median PB Ratio among Retail - Cyclical companies is 1.47, based on 1,076 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MINISO Group Holding's current PB Ratio of 2.19 is 49.5% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on MINISO Group Holding and its competitors. For the Retail - Cyclical industry, the median PB Ratio is 1.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MINISO Group Holding's current PB Ratio is 2.19, which is 48% below median its own 10-year median of 4.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MINISO Group Holding stock overvalued right now?
Based on GuruFocus' analysis, MINISO Group Holding (FRA:MIF0) is currently considered Significantly Undervalued. The stock's GF Value™ is €6.61, compared to a current price of €2.49 — trading 62.3% below its estimated fair value. The current PB Ratio is 2.19, which is 48% below median its 10-year median of 4.24 and 49.5% above the Retail - Cyclical industry median of 1.47. MINISO Group Holding's overall GF Score™ is 74/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For MINISO Group Holding (FRA:MIF0), the current PB Ratio is 2.19 as of Jul. 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 MINISO Group Holding (FRA:MIF0) Overvalued in 2026?
Based on GuruFocus' analysis, MINISO Group Holding stock appears to be undervalued.
The current stock price of €2.49 is trading 62.3% below its estimated GF Value™ of €6.61.
GuruFocus considers MINISO Group Holding to be Significantly Undervalued.
Key valuation signals for FRA:MIF0:
PB Ratio: 2.19 (48% below median its 10-year median of 4.24)
GF Value™: €6.61 vs. price of €2.49 (62.3% below fair value)
Industry Position: 49.5% above the Retail - Cyclical median (#708 of 1076)
No single metric tells the full story. See the FRA:MIF0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MINISO Group Holding Ltd is a value retailer offering a variety of trendy lifestyle products featuring IP design. The principal activity of the Company is investment holding. The company's product categories include home decor, small electronics, textiles, accessories, beauty tools, toys, cosmetics, personal care, snacks, fragrance and perfumes, and stationery and gifts. Its segment includes the MINISO brand -Chinese Mainland and MINISO brand-Overseas which is engaged in the Design, buying, and sale of lifestyle products, and the TOP TOY brand, which is engaged in the Design, buying, and sale of pop toys. The company generates maximum revenue from theMINISO brand -Chinese Mainland segment. Geographically, it derives a majority of its revenue from Chinese Mainland.
74GF Score
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