Progen Holdings (SGX:583) PB Ratio: 0.38 (As of Aug. 10, 2026) — 32% Below Median

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What is Progen Holdings PB Ratio?

Progen Holdings SGX:583 PB Ratio is 0.38 as of Aug. 10, 2026, which is 32% below its 10-year median of 0.56. The stock has 2 warning signs investors should review. Among 1,725 Construction companies, Progen Holdings ranks better than 90.38% 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 (2026-08-10), Progen Holdings's share price is S$0.024. Progen Holdings's Book Value per Share for the quarter that ended in Dec. 2025 was S$0.06. Hence, Progen Holdings's PB Ratio of today is 0.38.

Good Sign:

Progen Holdings Ltd stock PB Ratio (=0.38) is close to 5-year low of 0.36.

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

SGX:583' s PB Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.56   Max: 0.82
Current: 0.38

During the past 13 years, Progen Holdings's highest PB Ratio was 0.82. The lowest was 0.10. And the median was 0.56.

SGX:583's PB Ratio is ranked better than
90.38% of 1725 companies
in the Construction industry
Industry Median: 1.35 vs SGX:583: 0.38

During the past 12 months, Progen Holdings's average Book Value Per Share Growth Rate was -3.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -2.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -2.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -7.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Progen Holdings was 11.60% per year. The lowest was -13.20% per year. And the median was -2.85% per year.

Back to Basics: PB Ratio


Progen Holdings  (SGX:583) 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.


Progen Holdings PB Ratio Related Terms


Progen Holdings PB Ratio Historical Data

* Premium members only.

The historical data trend for Progen 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.

Progen Holdings PB Ratio Chart

Progen Holdings 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 0.67 0.67 0.73 0.45 0.47

Progen Holdings 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 0.73 0.49 0.45 0.42 0.47

SGX:583 vs TT, JCI, CARR: PB Ratio Comparison

For the Building Products & Equipment subindustry, Progen 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.


Progen Holdings PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Progen Holdings's PB Ratio distribution charts can be found below:

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



Progen 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=0.024/0.064
=0.38

* 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 0.38 mean?
Progen Holdings (SGX:583) has a PB Ratio of 0.38 as of Aug. 10, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Progen Holdings and its competitors. This is 32% below median its historical median of 0.56. Over the past decade, Progen Holdings' PB Ratio has ranged from 0.10 to 0.82. According to the industry distribution chart, Progen Holdings ranks #166 out of 1725 companies in the Construction industry, placing it in the top 9.6%.
Is Progen Holdings' PB Ratio too high?
Progen Holdings' current PB Ratio of 0.38 is 32% below median its 10-year median of 0.56. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 0.82. The Construction industry median PB Ratio is 1.35. Progen Holdings' value of 0.38 is 71.9% below this industry median. Based on the distribution chart, Progen Holdings ranks #166 out of 1725 companies in the Construction industry, which is in the top quartile — a strong position relative to peers.
How does Progen Holdings' PB Ratio compare to TT and JCI?
According to the Construction industry distribution chart, Progen Holdings ranks #166 out of 1725 companies for PB Ratio. This places Progen Holdings in the top 10% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.35. Progen Holdings' value of 0.38 is 71.9% below this benchmark. Historically, Progen Holdings' own PB Ratio has ranged from 0.10 to 0.82 over the past decade. While the company's 10-year median is 0.56 vs. the industry median of 1.35, Progen 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 Construction company?
The median PB Ratio among Construction companies is 1.35, based on 1,725 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. Progen Holdings's current PB Ratio of 0.38 is 71.9% 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 Progen Holdings and its competitors. For the Construction industry, the median PB Ratio is 1.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Progen Holdings's current PB Ratio is 0.38, which is 32% below median its own 10-year median of 0.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Progen Holdings stock overvalued right now?
Progen Holdings (SGX:583) has a current PB Ratio of 0.38. The current PB Ratio is 0.38, which is 32% below median its 10-year median of 0.56 and 71.9% below the Construction industry median of 1.35. 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 Progen Holdings (SGX:583), the current PB Ratio is 0.38 as of Aug. 10, 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.

Progen Holdings Business Description

Address 28 Riverside Road, No. 04-01 Progen Building, Singapore, SGP, 739085
Progen Holdings Ltd is a Singapore-based investment holding company. Along with its subsidiaries, it is principally engaged in the business of design, supply, installation, and maintenance of air conditioners, cooling, and mechanical ventilation systems. The group's reportable segments are Products and installation, Servicing and maintenance, Rental, Property development, and Others. Majority of its revenue is generated from the Products and installation segment, which relates to the contracting of engineering works, cooling towers, air-conditioning, and mechanical ventilation systems. Geographically, it operates substantially in Singapore.