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Sun Hung Kai PropertiesSTU:SHG -1.47%75 PB Ratio is 0.57 as of Jul. 26, 2026, which is 8% above its 10-year median of 0.53. GuruFocus rates STU:SHG with a GF Score™ of 75/100 and a GF Value™ of €10.33 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,713 Real Estate companies, Sun Hung Kai Properties ranks better than 65.91% on this metric.
The historical rank and industry rank for Sun Hung Kai Properties's PB Ratio or its related term are showing as below:
STU:SHG'
s PB Ratio Range Over the Past 10 Years
Min: 0.32 Med: 0.53 Max: 0.8
Current: 0.56
During the past 13 years, Sun Hung Kai Properties's highest PB Ratio was 0.80. The lowest was 0.32. And the median was 0.53.
STU:SHG's PB Ratio is ranked better than 65.91% of 1713
companies
in the Real Estate industry
Industry Median: 0.81
vs STU:SHG: 0.56
During the past 12 months, Sun Hung Kai Properties's average Book Value Per Share Growth Rate was 2.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 0.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 1.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 3.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Sun Hung Kai Properties was 15.20% per year. The lowest was -0.10% per year. And the median was 5.80% per year.
Back to Basics: PB Ratio
Sun Hung Kai Properties (STU:SHG) PB Ratio Explanation
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.
* 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.
Sun Hung Kai Properties PB Ratio Competitor Comparison
For the Real Estate - Development subindustry, Sun Hung Kai Properties'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.
Sun Hung Kai Properties PB Ratio vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Sun Hung Kai Properties's PB Ratio distribution charts can be found below:
* The bar in red indicates where Sun Hung Kai Properties'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.
* 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.
Sun Hung Kai Properties (STU:SHG) has a PB Ratio of 0.57 as of Jul. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Sun Hung Kai Properties and its competitors. This is near median its historical median of 0.53. Over the past decade, Sun Hung Kai Properties' PB Ratio has ranged from 0.32 to 0.80. According to the industry distribution chart, Sun Hung Kai Properties ranks #584 out of 1713 companies in the Real Estate industry, placing it in the top 34.1%.
Is Sun Hung Kai Properties' PB Ratio too high?
Sun Hung Kai Properties' current PB Ratio of 0.57 is near median its 10-year median of 0.53. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 0.80. The Real Estate industry median PB Ratio is 0.81. Sun Hung Kai Properties' value of 0.57 is 29.6% below this industry median. Based on the distribution chart, Sun Hung Kai Properties ranks #584 out of 1713 companies in the Real Estate industry, which is above the industry midpoint. Overall, Sun Hung Kai Properties has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sun Hung Kai Properties' PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Sun Hung Kai Properties ranks #584 out of 1713 companies for PB Ratio. This puts Sun Hung Kai Properties in the upper half of its industry. The industry median PB Ratio is 0.81. Sun Hung Kai Properties' value of 0.57 is 29.6% below this benchmark. Historically, Sun Hung Kai Properties' own PB Ratio has ranged from 0.32 to 0.80 over the past decade. While the company's 10-year median is 0.53 vs. the industry median of 0.81, Sun Hung Kai Properties 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 Real Estate company?
The median PB Ratio among Real Estate companies is 0.81, based on 1,713 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. Sun Hung Kai Properties's current PB Ratio of 0.57 is 29.6% 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 Sun Hung Kai Properties and its competitors. For the Real Estate industry, the median PB Ratio is 0.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sun Hung Kai Properties's current PB Ratio is 0.57, which is near median its own 10-year median of 0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sun Hung Kai Properties stock overvalued right now?
Based on GuruFocus' analysis, Sun Hung Kai Properties (STU:SHG) is currently considered Modestly Overvalued. The stock's GF Value™ is €10.33, compared to a current price of €13.40 — trading 29.7% above its estimated fair value. The current PB Ratio is 0.57, which is near median its 10-year median of 0.53 and 29.6% below the Real Estate industry median of 0.81. Sun Hung Kai Properties' overall GF Score™ is 75/100 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 Sun Hung Kai Properties (STU:SHG), the current PB Ratio is 0.57 as of Jul. 26, 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 Sun Hung Kai Properties (STU:SHG) Overvalued in 2026?
Based on GuruFocus' analysis, Sun Hung Kai Properties stock appears to be overvalued.
The current stock price of €13.40 is trading 29.7% above its estimated GF Value™ of €10.33.
GuruFocus considers Sun Hung Kai Properties to be Modestly Overvalued.
Key valuation signals for STU:SHG:
PB Ratio: 0.57 (near median its 10-year median of 0.53)
GF Value™: €10.33 vs. price of €13.40 (29.7% above fair value)
Industry Position: 29.6% below the Real Estate median (#584 of 1713)
No single metric tells the full story. See the STU:SHG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sun Hung Kai Properties is a diversified real estate developer in Hong Kong with a core focus on the residential, office, and retail real estate segments. Most of its business is based in Hong Kong, where it is a leading private housing developer and holds a portfolio of high-quality retail and office properties for rental income. The company also invests in other listed entities, including a telecommunication company, SmarTone, and a data center provider, SUNeVision. The Kwok family is the controlling shareholder, with a stake of more than 40%.
75GF Score
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