Tian Tu Capital Co (HKSE:01973) PB Ratio: 0.18 (As of Sep. 04, 2026) — 40% Below Median

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HKSE:01973 Tian Tu Capital Co Ltd HKSE:01973
15 GF Score
Price HK$1.95
! 4 Warning Signs
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What is Tian Tu Capital Co PB Ratio?

Tian Tu Capital Co HKSE:01973 15 PB Ratio is 0.18 as of Sep. 04, 2026, which is 40% below its 10-year median of 0.30. GuruFocus rates HKSE:01973 with a GF Score™ of 15/100. The stock has 4 warning signs investors should review. Among 1,593 Asset Management companies, Tian Tu Capital Co ranks better than 98.24% on this metric.

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. As of today (2026-09-04), Tian Tu Capital Co's share price is HK$1.95. Tian Tu Capital Co's Book Value per Share for the quarter that ended in Dec. 2025 was HK$11.04. Hence, Tian Tu Capital Co's PB Ratio of today is 0.18.

Good Sign:

Tian Tu Capital Co Ltd stock PB Ratio (=0.16) is close to 3-year low of 0.15.

The historical rank and industry rank for Tian Tu Capital Co's PB Ratio or its related term are showing as below:

HKSE:01973' s PB Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.3   Max: 0.56
Current: 0.18

During the past 6 years, Tian Tu Capital Co's highest PB Ratio was 0.56. The lowest was 0.15. And the median was 0.30.

HKSE:01973's PB Ratio is ranked better than
98.24% of 1593 companies
in the Asset Management industry
Industry Median: 0.94 vs HKSE:01973: 0.18

During the past 12 months, Tian Tu Capital Co's average Book Value Per Share Growth Rate was 6.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -3.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -0.30% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Tian Tu Capital Co was 5.40% per year. The lowest was -4.90% per year. And the median was -3.50% per year.

Back to Basics: PB Ratio


Tian Tu Capital Co  (HKSE:01973) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.


Tian Tu Capital Co PB Ratio Related Terms


Tian Tu Capital Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Tian Tu Capital Co'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.

Tian Tu Capital Co PB Ratio Chart

Tian Tu Capital Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial 0.00 0.00 0.57 0.36 0.34

Tian Tu Capital Co Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.33 0.36 0.35 0.34 0.27

HKSE:01973 vs BLK, BX, KKR: PB Ratio Comparison

For the Asset Management subindustry, Tian Tu Capital Co'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.


Tian Tu Capital Co PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Tian Tu Capital Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Tian Tu Capital Co's PB Ratio falls into.


HKSE:01973
15GF Score
Tian Tu Capital Co Ltd HKSE:01973
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Tian Tu Capital Co PB Ratio Calculation

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.

Tian Tu Capital Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=1.95/11.039
=0.18

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 0.18 mean?
Tian Tu Capital Co (HKSE:01973) has a PB Ratio of 0.18 as of Sep. 04, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Tian Tu Capital Co and its competitors. This is 40% below median its historical median of 0.30. Over the past decade, Tian Tu Capital Co's PB Ratio has ranged from 0.15 to 0.56. According to the industry distribution chart, Tian Tu Capital Co ranks #28 out of 1593 companies in the Asset Management industry, placing it in the top 1.8%.
Is Tian Tu Capital Co's PB Ratio too high?
Tian Tu Capital Co's current PB Ratio of 0.18 is 40% below median its 10-year median of 0.30. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 0.56. The Asset Management industry median PB Ratio is 0.94. Tian Tu Capital Co's value of 0.18 is 80.9% below this industry median. Based on the distribution chart, Tian Tu Capital Co ranks #28 out of 1593 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Tian Tu Capital Co has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Tian Tu Capital Co's PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Tian Tu Capital Co ranks #28 out of 1593 companies for PB Ratio. This places Tian Tu Capital Co in the top 2% of its industry — outperforming the majority of peers. The industry median PB Ratio is 0.94. Tian Tu Capital Co's value of 0.18 is 80.9% below this benchmark. Historically, Tian Tu Capital Co's own PB Ratio has ranged from 0.15 to 0.56 over the past decade. While the company's 10-year median is 0.30 vs. the industry median of 0.94, Tian Tu Capital 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 PB Ratio for an Asset Management company?
The median PB Ratio among Asset Management companies is 0.94, based on 1,593 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. Tian Tu Capital Co's current PB Ratio of 0.18 is 80.9% 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 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 Tian Tu Capital Co and its competitors. For the Asset Management industry, the median PB Ratio is 0.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tian Tu Capital Co's current PB Ratio is 0.18, which is 40% below median its own 10-year median of 0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tian Tu Capital Co stock overvalued right now?
Tian Tu Capital Co (HKSE:01973) has a current PB Ratio of 0.18. The current PB Ratio is 0.18, which is 40% below median its 10-year median of 0.30 and 80.9% below the Asset Management industry median of 0.94. Tian Tu Capital Co's overall GF Score™ is 15/100 with 4 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 Tian Tu Capital Co (HKSE:01973), the current PB Ratio is 0.18 as of Sep. 04, 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.

Tian Tu Capital Co Business Description

Address 4068 Qiaoxiang Road, 23rd Floor, 2/3, Building B, Intelligence Plaza, Nanshan District, Shenzhen, CHN
Tian Tu Capital Co Ltd is a private equity investor and fund manager specializing in the consumer sector in China. The company manages capital for institutional investors and high-net-worth individuals, and makes investments through its funds under management and directly using its capital. The majority of the company's revenue from external customers is derived in the People's Republic of China based on the geographical location of the management team of the funds managed for Private Equity Investment. The company derives its revenue from the provision of Private Equity Investment fund management services.
15GF Score

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HK$1.95
Price