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CaroteHKSE:02549 -2.20%20 PB Ratio is 1.31 as of Sep. 01, 2026, which is 32% below its 10-year median of 1.92. GuruFocus rates HKSE:02549 with a GF Score™ of 20/100. The stock has 3 warning signs investors should review. Among 424 Furnishings, Fixtures & Appliances companies, Carote ranks worse than 51.42% 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 (2026-09-01), Carote's share price is HK$4.00. Carote's Book Value per Share for the quarter that ended in Jun. 2026 was HK$3.05. Hence, Carote's PB Ratio of today is 1.31.
Good Sign:
Carote Ltd stock PB Ratio (=1.31) is close to 2-year low of 1.3.
The historical rank and industry rank for Carote's PB Ratio or its related term are showing as below:
HKSE:02549'
s PB Ratio Range Over the Past 10 Years
Min: 1.3 Med: 1.92 Max: 18.42
Current: 1.31
During the past 5 years, Carote's highest PB Ratio was 18.42. The lowest was 1.30. And the median was 1.92.
HKSE:02549's PB Ratio is ranked worse than 51.42% of 424
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.375
vs HKSE:02549: 1.31
During the past 12 months, Carote's average Book Value Per Share Growth Rate was 20.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 114.30% per year.
During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Carote was 146.70% per year. The lowest was 114.30% per year. And the median was 130.50% per year.
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.
Carote PB Ratio Related Terms
Carote PB Ratio Historical Data
* Premium members only.
The historical data trend for Carote'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 Furnishings, Fixtures & Appliances subindustry, Carote'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.
Carote PB Ratio vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Carote's PB Ratio distribution charts can be found below:
* The bar in red indicates where Carote'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.
Carote's PB Ratio for today is calculated as follows:
* 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.
Carote (HKSE:02549) has a PB Ratio of 1.31 as of Sep. 01, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Carote and its competitors. This is 32% below median its historical median of 1.92. Over the past decade, Carote's PB Ratio has ranged from 1.30 to 18.42. According to the industry distribution chart, Carote ranks #218 out of 424 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 51.4%.
Is Carote's PB Ratio too high?
Carote's current PB Ratio of 1.31 is 32% below median its 10-year median of 1.92. Over the past 10 years, this metric has ranged from a low of 1.30 to a high of 18.42. The Furnishings, Fixtures & Appliances industry median PB Ratio is 1.38. Carote's value of 1.31 is 4.7% below this industry median. Based on the distribution chart, Carote ranks #218 out of 424 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, Carote has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Carote's PB Ratio compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Carote ranks #218 out of 424 companies for PB Ratio. This places Carote in the lower half of its industry. The industry median PB Ratio is 1.38. Carote's value of 1.31 is 4.7% below this benchmark. Historically, Carote's own PB Ratio has ranged from 1.30 to 18.42 over the past decade. While the company's 10-year median is 1.92 vs. the industry median of 1.38, Carote 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 a Furnishings, Fixtures & Appliances company?
The median PB Ratio among Furnishings, Fixtures & Appliances companies is 1.38, based on 424 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. Carote's current PB Ratio of 1.31 is 4.7% 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 Carote and its competitors. For the Furnishings, Fixtures & Appliances industry, the median PB Ratio is 1.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carote's current PB Ratio is 1.31, which is 32% below median its own 10-year median of 1.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carote stock overvalued right now?
Carote (HKSE:02549) has a current PB Ratio of 1.31. The current PB Ratio is 1.31, which is 32% below median its 10-year median of 1.92 and 4.7% below the Furnishings, Fixtures & Appliances industry median of 1.38. Carote's overall GF Score™ is 20/100 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 Carote (HKSE:02549), the current PB Ratio is 1.31 as of Sep. 01, 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.
Carote Ltd is a brand of kitchenware products. Its products are designed to provide customers with practical, well-designed, and affordable items that promote a modern cooking lifestyle. The company offers a wide range of kitchenware, from essential pots and pans to well-designed tableware and beverage containers, aiming to meet various kitchen needs and enhance the culinary experience. Geographically, the company operates in Mainland China, the United States, Western Europe, Japan, Southeast Asia, and other countries. The majority of its revenue comes from the United States.
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