Metro Holdings (SGX:M01) PB Ratio: 0.40 (As of Aug. 12, 2026) — Near Median

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SGX:M01 Metro Holdings Ltd SGX:M01
39 GF Score
Price S$0.45
GF Value S$0.42
Valuation Fairly Valued
! 5 Warning Signs
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What is Metro Holdings PB Ratio?

Metro Holdings SGX:M01 +2.27% 39 PB Ratio is 0.40 as of Aug. 12, 2026, which is 2% below its 10-year median of 0.41. GuruFocus rates SGX:M01 with a GF Score™ of 39/100 and a GF Value™ of S$0.42 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,083 Retail - Cyclical companies, Metro Holdings ranks better than 91.23% 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 (2026-08-12), Metro Holdings's share price is S$0.45. Metro Holdings's Book Value per Share for the quarter that ended in Mar. 2026 was S$1.12. Hence, Metro Holdings's PB Ratio of today is 0.40.

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

SGX:M01' s PB Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.41   Max: 0.8
Current: 0.4

During the past 13 years, Metro Holdings's highest PB Ratio was 0.80. The lowest was 0.24. And the median was 0.41.

SGX:M01's PB Ratio is ranked better than
91.23% of 1083 companies
in the Retail - Cyclical industry
Industry Median: 1.5 vs SGX:M01: 0.40

During the past 12 months, Metro Holdings's average Book Value Per Share Growth Rate was -20.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -14.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -9.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -2.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Metro Holdings was 15.00% per year. The lowest was -14.00% per year. And the median was 3.30% per year.

Back to Basics: PB Ratio


Metro Holdings  (SGX:M01) 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.


Metro Holdings PB Ratio Related Terms


Metro Holdings PB Ratio Historical Data

* Premium members only.

The historical data trend for Metro 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.

Metro Holdings PB Ratio Chart

Metro 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 0.39 0.35 0.28 0.29 0.41

Metro 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 0.28 0.28 0.29 0.39 0.41

SGX:M01 vs DDS, M: PB Ratio Comparison

For the Department Stores subindustry, Metro 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.


Metro Holdings PB Ratio vs Retail - Cyclical Industry

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

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


SGX:M01
39GF Score
Metro Holdings Ltd SGX:M01
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Metro 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=0.45/1.117
=0.40

* 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 0.40 mean?
Metro Holdings (SGX:M01) has a PB Ratio of 0.40 as of Aug. 12, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Metro Holdings and its competitors. This is near median its historical median of 0.41. Over the past decade, Metro Holdings' PB Ratio has ranged from 0.24 to 0.80. According to the industry distribution chart, Metro Holdings ranks #95 out of 1083 companies in the Retail - Cyclical industry, placing it in the top 8.8%.
Is Metro Holdings' PB Ratio too high?
Metro Holdings' current PB Ratio of 0.40 is near median its 10-year median of 0.41. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 0.80. The Retail - Cyclical industry median PB Ratio is 1.50. Metro Holdings' value of 0.40 is 73.3% below this industry median. Based on the distribution chart, Metro Holdings ranks #95 out of 1083 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Metro Holdings has a GF Score™ of 39/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Metro Holdings' PB Ratio compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, Metro Holdings ranks #95 out of 1083 companies for PB Ratio. This places Metro Holdings in the top 9% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.50. Metro Holdings' value of 0.40 is 73.3% below this benchmark. Historically, Metro Holdings' own PB Ratio has ranged from 0.24 to 0.80 over the past decade. While the company's 10-year median is 0.41 vs. the industry median of 1.50, Metro 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 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. Metro Holdings's current PB Ratio of 0.40 is 73.3% 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 Metro 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. Metro Holdings's current PB Ratio is 0.40, which is near median its own 10-year median of 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metro Holdings stock overvalued right now?
Based on GuruFocus' analysis, Metro Holdings (SGX:M01) is currently considered Fairly Valued. The stock's GF Value™ is S$0.42, compared to a current price of S$0.45 — trading 7.1% above its estimated fair value. The current PB Ratio is 0.40, which is near median its 10-year median of 0.41 and 73.3% below the Retail - Cyclical industry median of 1.50. Metro Holdings' overall GF Score™ is 39/100 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 Metro Holdings (SGX:M01), the current PB Ratio is 0.40 as of Aug. 12, 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 Metro Holdings (SGX:M01) Overvalued in 2026?

Based on GuruFocus' analysis, Metro Holdings stock appears to be overvalued. The current stock price of S$0.45 is trading 7.1% above its estimated GF Value™ of S$0.42. GuruFocus considers Metro Holdings to be Fairly Valued.

Key valuation signals for SGX:M01:

  • PB Ratio: 0.40 (near median its 10-year median of 0.41)
  • GF Value™: S$0.42 vs. price of S$0.45 (7.1% above fair value)
  • GF Score™: 39/100 with 5 warning signs
  • Industry Position: 73.3% below the Retail - Cyclical median (#95 of 1083)

No single metric tells the full story. See the SGX:M01 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Metro Holdings Business Description

Address 391A Orchard Road, No. 19-00, Tower A, Ngee Ann City, Singapore, SGP, 238873
Metro Holdings Ltd is a management, property investment, and holding company. The company's business segments are Property investment and development, and Retail. Maximum revenue is generated from its Retail segment which is involved in the business of retailing and operating department stores. The Property segment is involved in the leasing of shopping and office spaces owned by the group and investing in property-related investments. The company has a presence in Singapore, China, Indonesia, the UK, and Australia. Geographically it derives key revenue from Singapore and the rest from Indonesia, and China.
39GF Score

Get the complete analysis for SGX:M01

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

S$0.45
Price
S$0.42
GF Value