HMDCF (HUTCHMED (China)) PB Ratio: 1.50 (As of Jul. 13, 2026) — 80% Below Median

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HMDCF HUTCHMED (China) Ltd HMDCF
64 GF Score
Price $2.16
GF Value $3.76
Valuation Possible Value Trap
! 8 Warning Signs
View Full Analysis

What is HUTCHMED (China) PB Ratio?

HUTCHMED (China) HMDCF 64 PB Ratio is 1.50 as of Jul. 13, 2026, which is 80% below its 10-year median of 7.65. GuruFocus rates HMDCF with a GF Score™ of 64/100 and a GF Value™ of $3.76 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 924 Drug Manufacturers companies, HUTCHMED (China) ranks better than 60.28% 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 (2026-07-13), HUTCHMED (China)'s share price is $2.16. HUTCHMED (China)'s Book Value per Share for the quarter that ended in Dec. 2025 was $1.44. Hence, HUTCHMED (China)'s PB Ratio of today is 1.50.

Good Sign:

HUTCHMED (China) Ltd stock PB Ratio (=1.53) is close to 10-year low of 1.47.

The historical rank and industry rank for HUTCHMED (China)'s PB Ratio or its related term are showing as below:

HMDCF' s PB Ratio Range Over the Past 10 Years
Min: 1.47   Med: 7.65   Max: 24.86
Current: 1.53

During the past 13 years, HUTCHMED (China)'s highest PB Ratio was 24.86. The lowest was 1.47. And the median was 7.65.

HMDCF's PB Ratio is ranked better than
60.28% of 924 companies
in the Drug Manufacturers industry
Industry Median: 1.91 vs HMDCF: 1.53

During the past 12 months, HUTCHMED (China)'s average Book Value Per Share Growth Rate was 53.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 22.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 10.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 18.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of HUTCHMED (China) was 121.00% per year. The lowest was -15.70% per year. And the median was 10.70% per year.

Back to Basics: PB Ratio


HUTCHMED (China)  (OTCPK:HMDCF) 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.


HUTCHMED (China) PB Ratio Related Terms


HUTCHMED (China) PB Ratio Historical Data

* Premium members only.

The historical data trend for HUTCHMED (China)'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.

HUTCHMED (China) PB Ratio Chart

HUTCHMED (China) Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.44 4.16 4.46 3.61 2.54

HUTCHMED (China) Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 4.46 4.41 3.61 2.24 2.54

HMDCF vs ZTS, UTHR, VTRS: PB Ratio Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, HUTCHMED (China)'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.


HUTCHMED (China) PB Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, HUTCHMED (China)'s PB Ratio distribution charts can be found below:

* The bar in red indicates where HUTCHMED (China)'s PB Ratio falls into.


HMDCF
64GF Score
HUTCHMED (China) Ltd HMDCF
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HUTCHMED (China) 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.

HUTCHMED (China)'s PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=2.16/1.44
=1.50

* 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 1.50 mean?
HUTCHMED (China) (HMDCF) has a PB Ratio of 1.50 as of Jul. 13, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on HUTCHMED (China) and its competitors. This is 80% below median its historical median of 7.65. Over the past decade, HUTCHMED (China)'s PB Ratio has ranged from 1.47 to 24.86. According to the industry distribution chart, HUTCHMED (China) ranks #367 out of 924 companies in the Drug Manufacturers industry, placing it in the top 39.7%.
Is HUTCHMED (China)'s PB Ratio too high?
HUTCHMED (China)'s current PB Ratio of 1.50 is 80% below median its 10-year median of 7.65. Over the past 10 years, this metric has ranged from a low of 1.47 to a high of 24.86. The Drug Manufacturers industry median PB Ratio is 1.91. HUTCHMED (China)'s value of 1.50 is 21.5% below this industry median. Based on the distribution chart, HUTCHMED (China) ranks #367 out of 924 companies in the Drug Manufacturers industry, which is above the industry midpoint. Overall, HUTCHMED (China) has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does HUTCHMED (China)'s PB Ratio compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, HUTCHMED (China) ranks #367 out of 924 companies for PB Ratio. This puts HUTCHMED (China) in the upper half of its industry. The industry median PB Ratio is 1.91. HUTCHMED (China)'s value of 1.50 is 21.5% below this benchmark. Historically, HUTCHMED (China)'s own PB Ratio has ranged from 1.47 to 24.86 over the past decade. While the company's 10-year median is 7.65 vs. the industry median of 1.91, HUTCHMED (China) 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 Drug Manufacturers company?
The median PB Ratio among Drug Manufacturers companies is 1.91, based on 924 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. HUTCHMED (China)'s current PB Ratio of 1.50 is 21.5% 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 HUTCHMED (China) and its competitors. For the Drug Manufacturers industry, the median PB Ratio is 1.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HUTCHMED (China)'s current PB Ratio is 1.50, which is 80% below median its own 10-year median of 7.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HUTCHMED (China) stock overvalued right now?
Based on GuruFocus' analysis, HUTCHMED (China) (HMDCF) is currently considered Possible Value Trap. The stock's GF Value™ is $3.76, compared to a current price of $2.16 — trading 42.6% below its estimated fair value. The current PB Ratio is 1.50, which is 80% below median its 10-year median of 7.65 and 21.5% below the Drug Manufacturers industry median of 1.91. HUTCHMED (China)'s overall GF Score™ is 64/100 with 8 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 HUTCHMED (China) (HMDCF), the current PB Ratio is 1.50 as of Jul. 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 HUTCHMED (China) (HMDCF) Overvalued in 2026?

Based on GuruFocus' analysis, HUTCHMED (China) stock appears to be undervalued. The current stock price of $2.16 is trading 42.6% below its estimated GF Value™ of $3.76. GuruFocus considers HUTCHMED (China) to be Possible Value Trap.

Key valuation signals for HMDCF:

  • PB Ratio: 1.50 (80% below median its 10-year median of 7.65)
  • GF Value™: $3.76 vs. price of $2.16 (42.6% below fair value)
  • GF Score™: 64/100 with 8 warning signs
  • Industry Position: 21.5% below the Drug Manufacturers median (#367 of 924)

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


HUTCHMED (China) Business Description

Address 2 Queen's Road Central, 48th Floor, Cheung Kong Center, Hong Kong, HKG
HUTCHMED (China) Ltd is a biopharmaceutical company engaged in the discovery, development, and commercialization of targeted therapies and immunotherapies for the treatment of cancer and immunological diseases. The company has a portfolio of several cancer drug candidates currently in clinical studies world-wide and an extensive commercial infrastructure in its home market, China. The company operates in two reportable segments: Oncology/Immunology and Other Ventures.
64GF Score

Get the complete analysis for HMDCF

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

$2.16
Price
$3.76
GF Value