Hallenstein Glassons Holdings (NZSE:HLG) PB Ratio: 5.23 (As of Aug. 08, 2026) — 26% Above Median

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NZSE:HLG Hallenstein Glassons Holdings Ltd NZSE:HLG
95 GF Score
Price NZ$10.65
GF Value NZ$8.44
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Hallenstein Glassons Holdings PB Ratio?

Hallenstein Glassons Holdings NZSE:HLG 95 PB Ratio is 5.23 as of Aug. 08, 2026, which is 26% above its 10-year median of 4.14. GuruFocus rates NZSE:HLG with a GF Score™ of 95/100 and a GF Value™ of NZ$8.44 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,083 Retail - Cyclical companies, Hallenstein Glassons Holdings ranks worse than 84.49% 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 (2026-08-08), Hallenstein Glassons Holdings's share price is NZ$10.65. Hallenstein Glassons Holdings's Book Value per Share for the quarter that ended in Jan. 2026 was NZ$2.04. Hence, Hallenstein Glassons Holdings's PB Ratio of today is 5.23.

Warning Sign:

Hallenstein Glassons Holdings Ltd stock PB Ratio (=5.19) is close to 10-year high of 5.64.

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

NZSE:HLG' s PB Ratio Range Over the Past 10 Years
Min: 1.79   Med: 4.14   Max: 5.64
Current: 5.21

During the past 13 years, Hallenstein Glassons Holdings's highest PB Ratio was 5.64. The lowest was 1.79. And the median was 4.14.

NZSE:HLG's PB Ratio is ranked worse than
84.49% of 1083 companies
in the Retail - Cyclical industry
Industry Median: 1.5 vs NZSE:HLG: 5.21

During the past 12 months, Hallenstein Glassons Holdings's average Book Value Per Share Growth Rate was 9.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 7.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 5.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 7.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Hallenstein Glassons Holdings was 13.80% per year. The lowest was -5.60% per year. And the median was 4.80% per year.

Back to Basics: PB Ratio


Hallenstein Glassons Holdings  (NZSE:HLG) 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.


Hallenstein Glassons Holdings PB Ratio Related Terms


Hallenstein Glassons Holdings PB Ratio Historical Data

* Premium members only.

The historical data trend for Hallenstein Glassons 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.

Hallenstein Glassons Holdings PB Ratio Chart

Hallenstein Glassons Holdings Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.81 3.41 3.95 3.42 4.64

Hallenstein Glassons Holdings Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 3.19 3.42 4.58 4.64 4.86

NZSE:HLG vs TJX, ROST, BURL: PB Ratio Comparison

For the Apparel Retail subindustry, Hallenstein Glassons 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.


Hallenstein Glassons Holdings PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Hallenstein Glassons Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where Hallenstein Glassons Holdings's PB Ratio falls into.


NZSE:HLG
95GF Score
Hallenstein Glassons Holdings Ltd NZSE:HLG
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hallenstein Glassons 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.

Hallenstein Glassons Holdings's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jan. 2026)
=10.65/2.038
=5.23

* 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 5.23 mean?
Hallenstein Glassons Holdings (NZSE:HLG) has a PB Ratio of 5.23 as of Aug. 08, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Hallenstein Glassons Holdings and its competitors. This is 26% above median its historical median of 4.14. Over the past decade, Hallenstein Glassons Holdings' PB Ratio has ranged from 1.79 to 5.64. According to the industry distribution chart, Hallenstein Glassons Holdings ranks #915 out of 1083 companies in the Retail - Cyclical industry, placing it in the top 84.5%.
Is Hallenstein Glassons Holdings' PB Ratio too high?
Hallenstein Glassons Holdings' current PB Ratio of 5.23 is 26% above median its 10-year median of 4.14. Over the past 10 years, this metric has ranged from a low of 1.79 to a high of 5.64. The Retail - Cyclical industry median PB Ratio is 1.50. Hallenstein Glassons Holdings' value of 5.23 is 248.7% above this industry median. Based on the distribution chart, Hallenstein Glassons Holdings ranks #915 out of 1083 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Hallenstein Glassons Holdings has a GF Score™ of 95/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hallenstein Glassons Holdings' PB Ratio compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Hallenstein Glassons Holdings ranks #915 out of 1083 companies for PB Ratio. This places Hallenstein Glassons Holdings in the lower half of its industry. The industry median PB Ratio is 1.50. Hallenstein Glassons Holdings' value of 5.23 is 248.7% above this benchmark. Historically, Hallenstein Glassons Holdings' own PB Ratio has ranged from 1.79 to 5.64 over the past decade. While the company's 10-year median is 4.14 vs. the industry median of 1.50, Hallenstein Glassons Holdings 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 1.50, based on 1,083 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. Hallenstein Glassons Holdings's current PB Ratio of 5.23 is 248.7% 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 Hallenstein Glassons Holdings and its competitors. For the Retail - Cyclical industry, the median PB Ratio is 1.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hallenstein Glassons Holdings's current PB Ratio is 5.23, which is 26% above median its own 10-year median of 4.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hallenstein Glassons Holdings stock overvalued right now?
Based on GuruFocus' analysis, Hallenstein Glassons Holdings (NZSE:HLG) is currently considered Modestly Overvalued. The stock's GF Value™ is NZ$8.44, compared to a current price of NZ$10.65 — trading 26.2% above its estimated fair value. The current PB Ratio is 5.23, which is 26% above median its 10-year median of 4.14 and 248.7% above the Retail - Cyclical industry median of 1.50. Hallenstein Glassons Holdings' overall GF Score™ is 95/100 with 5 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 Hallenstein Glassons Holdings (NZSE:HLG), the current PB Ratio is 5.23 as of Aug. 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 Hallenstein Glassons Holdings (NZSE:HLG) Overvalued in 2026?

Based on GuruFocus' analysis, Hallenstein Glassons Holdings stock appears to be overvalued. The current stock price of NZ$10.65 is trading 26.2% above its estimated GF Value™ of NZ$8.44. GuruFocus considers Hallenstein Glassons Holdings to be Modestly Overvalued.

Key valuation signals for NZSE:HLG:

  • PB Ratio: 5.23 (26% above median its 10-year median of 4.14)
  • GF Value™: NZ$8.44 vs. price of NZ$10.65 (26.2% above fair value)
  • GF Score™: 95/100 with 5 warning signs
  • Industry Position: 248.7% above the Retail - Cyclical median (#915 of 1083)

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


Hallenstein Glassons Holdings Business Description

Address 235 - 237 Broadway, P.O. Box 91148, Level 3, Newmarket, Newmarket, Auckland, NZL, 1023
Hallenstein Glassons Holdings Ltd along with its subsidiaries is engaged in retailing men's and women's apparel. Its operating segment includes Glassons New Zealand; Glassons Australia; Hallenstein; Property and others. The company generates maximum revenue from the Glassons New Zealand segment.
95GF Score

Get the complete analysis for NZSE:HLG

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

NZ$10.65
Price
NZ$8.44
GF Value