Hing Ming Holdings (HKSE:08425) PB Ratio: 0.41 (As of Sep. 08, 2026) — 65% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HKSE:08425 Hing Ming Holdings Ltd HKSE:08425
49 GF Score
Price HK$0.10
GF Value HK$0.08
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is Hing Ming Holdings PB Ratio?

Hing Ming Holdings HKSE:08425 49 PB Ratio is 0.41 as of Sep. 08, 2026, which is 65% below its 10-year median of 1.16. GuruFocus rates HKSE:08425 with a GF Score™ of 49/100 and a GF Value™ of HK$0.08 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,041 Business Services companies, Hing Ming Holdings ranks better than 92.89% 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 (2026-09-08), Hing Ming Holdings's share price is HK$0.103. Hing Ming Holdings's Book Value per Share for the quarter that ended in Mar. 2026 was HK$0.25. Hence, Hing Ming Holdings's PB Ratio of today is 0.41.

The historical rank and industry rank for Hing Ming Holdings's PB Ratio or its related term are showing as below:

HKSE:08425' s PB Ratio Range Over the Past 10 Years
Min: 0.13   Med: 1.16   Max: 12.06
Current: 0.41

During the past 12 years, Hing Ming Holdings's highest PB Ratio was 12.06. The lowest was 0.13. And the median was 1.16.

HKSE:08425's PB Ratio is ranked better than
92.89% of 1041 companies
in the Business Services industry
Industry Median: 1.67 vs HKSE:08425: 0.41

During the past 12 months, Hing Ming Holdings's average Book Value Per Share Growth Rate was 3.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -6.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -4.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 6.60% per year.

During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of Hing Ming Holdings was 86.00% per year. The lowest was -6.80% per year. And the median was 1.30% per year.

Back to Basics: PB Ratio


Hing Ming Holdings  (HKSE:08425) 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.


Hing Ming Holdings PB Ratio Related Terms


Hing Ming Holdings PB Ratio Historical Data

* Premium members only.

The historical data trend for Hing Ming Holdings'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.

Hing Ming Holdings PB Ratio Chart

Hing Ming Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.96 0.76 0.49 0.21 0.32

Hing Ming Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 0.49 0.17 0.21 0.27 0.32

HKSE:08425 vs URI, SUNB, AER: PB Ratio Comparison

For the Rental & Leasing Services subindustry, Hing Ming Holdings'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.


Hing Ming Holdings PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Hing Ming Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where Hing Ming Holdings's PB Ratio falls into.


HKSE:08425
49GF Score
Hing Ming Holdings Ltd HKSE:08425
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hing Ming Holdings 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.

Hing Ming Holdings's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=0.103/0.254
=0.41

* 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 0.41 mean?
Hing Ming Holdings (HKSE:08425) has a PB Ratio of 0.41 as of Sep. 08, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Hing Ming Holdings and its competitors. This is 65% below median its historical median of 1.16. Over the past decade, Hing Ming Holdings' PB Ratio has ranged from 0.13 to 12.06. According to the industry distribution chart, Hing Ming Holdings ranks #74 out of 1041 companies in the Business Services industry, placing it in the top 7.1%.
Is Hing Ming Holdings' PB Ratio too high?
Hing Ming Holdings' current PB Ratio of 0.41 is 65% below median its 10-year median of 1.16. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 12.06. The Business Services industry median PB Ratio is 1.67. Hing Ming Holdings' value of 0.41 is 75.4% below this industry median. Based on the distribution chart, Hing Ming Holdings ranks #74 out of 1041 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Hing Ming Holdings has a GF Score™ of 49/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hing Ming Holdings' PB Ratio compare to URI and SUNB?
According to the Business Services industry distribution chart, Hing Ming Holdings ranks #74 out of 1041 companies for PB Ratio. This places Hing Ming Holdings in the top 7% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.67. Hing Ming Holdings' value of 0.41 is 75.4% below this benchmark. Historically, Hing Ming Holdings' own PB Ratio has ranged from 0.13 to 12.06 over the past decade. While the company's 10-year median is 1.16 vs. the industry median of 1.67, Hing Ming Holdings 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 Business Services company?
The median PB Ratio among Business Services companies is 1.67, based on 1,041 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. Hing Ming Holdings's current PB Ratio of 0.41 is 75.4% 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 Hing Ming Holdings and its competitors. For the Business Services industry, the median PB Ratio is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hing Ming Holdings's current PB Ratio is 0.41, which is 65% below median its own 10-year median of 1.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hing Ming Holdings stock overvalued right now?
Based on GuruFocus' analysis, Hing Ming Holdings (HKSE:08425) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.08, compared to a current price of HK$0.10 — trading 28.8% above its estimated fair value. The current PB Ratio is 0.41, which is 65% below median its 10-year median of 1.16 and 75.4% below the Business Services industry median of 1.67. Hing Ming Holdings' overall GF Score™ is 49/100 with 7 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 Hing Ming Holdings (HKSE:08425), the current PB Ratio is 0.41 as of Sep. 08, 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 Hing Ming Holdings (HKSE:08425) Overvalued in 2026?

Based on GuruFocus' analysis, Hing Ming Holdings stock appears to be overvalued. The current stock price of HK$0.10 is trading 28.8% above its estimated GF Value™ of HK$0.08. GuruFocus considers Hing Ming Holdings to be Modestly Overvalued.

Key valuation signals for HKSE:08425:

  • PB Ratio: 0.41 (65% below median its 10-year median of 1.16)
  • GF Value™: HK$0.08 vs. price of HK$0.10 (28.8% above fair value)
  • GF Score™: 49/100 with 7 warning signs
  • Industry Position: 75.4% below the Business Services median (#74 of 1041)

No single metric tells the full story. See the HKSE:08425 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hing Ming Holdings Business Description

Address 83-87 Nathan Road, Room A4, 2nd Floor, Tsim Sha Tsui Mansion, Kowloon, Hong Kong, HKG
Hing Ming Holdings Ltd is engaged in the rental of temporary suspended working platforms and other equipment. It also provides trading of equipment and spare parts, such as permanently suspended working platforms, motors, and wire rope. The only operating segment of the Group is rental and related services, and trading of equipment and spare parts.
49GF Score

Get the complete analysis for HKSE:08425

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

HK$0.10
Price
HK$0.08
GF Value