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.
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.
Old Chang KeeSGX:5ML 51 PB Ratio is 2.23 as of Jul. 30, 2026, which is 11% below its 10-year median of 2.51. GuruFocus rates SGX:5ML with a GF Score™ of 51/100 and a GF Value™ of S$0.80 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 327 Restaurants companies, Old Chang Kee ranks better than 53.52% 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 (2026-07-30), Old Chang Kee's share price is S$1.18. Old Chang Kee's Book Value per Share for the quarter that ended in Mar. 2026 was S$0.53. Hence, Old Chang Kee's PB Ratio of today is 2.23.
The historical rank and industry rank for Old Chang Kee's PB Ratio or its related term are showing as below:
SGX:5ML'
s PB Ratio Range Over the Past 10 Years
Min: 1.71 Med: 2.51 Max: 3.78
Current: 2.23
During the past 13 years, Old Chang Kee's highest PB Ratio was 3.78. The lowest was 1.71. And the median was 2.51.
SGX:5ML's PB Ratio is ranked better than 53.52% of 327
companies
in the Restaurants industry
Industry Median: 2.41
vs SGX:5ML: 2.23
During the past 12 months, Old Chang Kee's average Book Value Per Share Growth Rate was 12.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 16.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 14.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 8.30% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Old Chang Kee was 41.00% per year. The lowest was -6.40% per year. And the median was 9.20% 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.
Old Chang Kee PB Ratio Related Terms
Old Chang Kee PB Ratio Historical Data
* Premium members only.
The historical data trend for Old Chang Kee'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 Restaurants subindustry, Old Chang Kee'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.
Old Chang Kee PB Ratio vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Old Chang Kee's PB Ratio distribution charts can be found below:
* The bar in red indicates where Old Chang Kee'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.
Old Chang Kee'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.
Old Chang Kee (SGX:5ML) has a PB Ratio of 2.23 as of Jul. 30, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Old Chang Kee and its competitors. This is 11% below median its historical median of 2.51. Over the past decade, Old Chang Kee's PB Ratio has ranged from 1.71 to 3.78. According to the industry distribution chart, Old Chang Kee ranks #152 out of 327 companies in the Restaurants industry, placing it in the top 46.5%.
Is Old Chang Kee's PB Ratio too high?
Old Chang Kee's current PB Ratio of 2.23 is 11% below median its 10-year median of 2.51. Over the past 10 years, this metric has ranged from a low of 1.71 to a high of 3.78. The Restaurants industry median PB Ratio is 2.41. Old Chang Kee's value of 2.23 is 7.5% below this industry median. Based on the distribution chart, Old Chang Kee ranks #152 out of 327 companies in the Restaurants industry, which is above the industry midpoint. Overall, Old Chang Kee has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Old Chang Kee's PB Ratio compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Old Chang Kee ranks #152 out of 327 companies for PB Ratio. This puts Old Chang Kee in the upper half of its industry. The industry median PB Ratio is 2.41. Old Chang Kee's value of 2.23 is 7.5% below this benchmark. Historically, Old Chang Kee's own PB Ratio has ranged from 1.71 to 3.78 over the past decade. While the company's 10-year median is 2.51 vs. the industry median of 2.41, Old Chang Kee 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 Restaurants company?
The median PB Ratio among Restaurants companies is 2.41, based on 327 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. Old Chang Kee's current PB Ratio of 2.23 is 7.5% 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 Old Chang Kee and its competitors. For the Restaurants industry, the median PB Ratio is 2.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Old Chang Kee's current PB Ratio is 2.23, which is 11% below median its own 10-year median of 2.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Old Chang Kee stock overvalued right now?
Based on GuruFocus' analysis, Old Chang Kee (SGX:5ML) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.80, compared to a current price of S$1.18 — trading 47.5% above its estimated fair value. The current PB Ratio is 2.23, which is 11% below median its 10-year median of 2.51 and 7.5% below the Restaurants industry median of 2.41. Old Chang Kee's overall GF Score™ is 51/100 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 Old Chang Kee (SGX:5ML), the current PB Ratio is 2.23 as of Jul. 30, 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 Old Chang Kee (SGX:5ML) Overvalued in 2026?
Based on GuruFocus' analysis, Old Chang Kee stock appears to be overvalued.
The current stock price of S$1.18 is trading 47.5% above its estimated GF Value™ of S$0.80.
GuruFocus considers Old Chang Kee to be Significantly Overvalued.
Key valuation signals for SGX:5ML:
PB Ratio: 2.23 (11% below median its 10-year median of 2.51)
GF Value™: S$0.80 vs. price of S$1.18 (47.5% above fair value)
Industry Position: 7.5% below the Restaurants median (#152 of 327)
No single metric tells the full story. See the SGX:5ML stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Old Chang Kee Ltd is engaged in the manufacturing and distribution of food products. The company's products include curry puffs, fishballs, chicken nuggets, and chicken wings. It also provides catering services in Singapore. The company's geographical segments include Singapore, Australia, and Malaysia, and a majority of its revenue is derived from Singapore. The company is engaged in the manufacture and sale of food products under brands such as Old Chang Kee, the Curry Times, and Dip n Go.
51GF Score
Get the complete analysis for SGX:5ML
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SGX:5ML has been successfully added to your 
