HMC CapitalASX:HMC -1.02%65 PB Ratio is 0.73 as of Jun. 25, 2026, which is 54% below its 10-year median of 1.59. GuruFocus rates ASX:HMC with a GF Score™ of 65/100 and a GF Value™ of A$14.15 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 929 REITs companies, HMC Capital ranks better than 65.55% 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 (2026-06-25), HMC Capital's share price is A$2.92. HMC Capital's Book Value per Share for the quarter that ended in Dec. 2025 was A$4.00. Hence, HMC Capital's PB Ratio of today is 0.73.
The historical rank and industry rank for HMC Capital's PB Ratio or its related term are showing as below:
ASX:HMC'
s PB Ratio Range Over the Past 10 Years
Min: 0.56 Med: 1.59 Max: 3.77
Current: 0.73
During the past 7 years, HMC Capital's highest PB Ratio was 3.77. The lowest was 0.56. And the median was 1.59.
ASX:HMC's PB Ratio is ranked better than 65.55% of 929
companies
in the REITs industry
Industry Median: 0.86
vs ASX:HMC: 0.73
During the past 12 months, HMC Capital's average Book Value Per Share Growth Rate was -2.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 12.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -16.80% per year.
During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of HMC Capital was 12.50% per year. The lowest was -34.70% per year. And the median was -26.45% 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.
HMC Capital PB Ratio Related Terms
HMC Capital PB Ratio Historical Data
* Premium members only.
The historical data trend for HMC Capital'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 REIT - Diversified subindustry, HMC Capital'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.
HMC Capital PB Ratio vs REITs Industry
For the REITs industry and Real Estate sector, HMC Capital's PB Ratio distribution charts can be found below:
* The bar in red indicates where HMC Capital'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.
HMC Capital'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.
HMC Capital (ASX:HMC) has a PB Ratio of 0.73 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on HMC Capital and its competitors. This is 54% below median its historical median of 1.59. Over the past decade, HMC Capital's PB Ratio has ranged from 0.56 to 3.77. According to the industry distribution chart, HMC Capital ranks #320 out of 929 companies in the REITs industry, placing it in the top 34.4%.
Is HMC Capital's PB Ratio too high?
HMC Capital's current PB Ratio of 0.73 is 54% below median its 10-year median of 1.59. Over the past 10 years, this metric has ranged from a low of 0.56 to a high of 3.77. The REITs industry median PB Ratio is 0.86. HMC Capital's value of 0.73 is 15.1% below this industry median. Based on the distribution chart, HMC Capital ranks #320 out of 929 companies in the REITs industry, which is above the industry midpoint. Overall, HMC Capital has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does HMC Capital's PB Ratio compare to VICI and WPC?
According to the REITs industry distribution chart, HMC Capital ranks #320 out of 929 companies for PB Ratio. This puts HMC Capital in the upper half of its industry. The industry median PB Ratio is 0.86. HMC Capital's value of 0.73 is 15.1% below this benchmark. Historically, HMC Capital's own PB Ratio has ranged from 0.56 to 3.77 over the past decade. While the company's 10-year median is 1.59 vs. the industry median of 0.86, HMC Capital 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 REITs company?
The median PB Ratio among REITs companies is 0.86, based on 929 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. HMC Capital's current PB Ratio of 0.73 is 15.1% 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 HMC Capital and its competitors. For the REITs industry, the median PB Ratio is 0.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HMC Capital's current PB Ratio is 0.73, which is 54% below median its own 10-year median of 1.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HMC Capital stock overvalued right now?
Based on GuruFocus' analysis, HMC Capital (ASX:HMC) is currently considered Possible Value Trap. The stock's GF Value™ is A$14.15, compared to a current price of A$2.92 — trading 79.4% below its estimated fair value. The current PB Ratio is 0.73, which is 54% below median its 10-year median of 1.59 and 15.1% below the REITs industry median of 0.86. HMC Capital's overall GF Score™ is 65/100 with 7 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 HMC Capital (ASX:HMC), the current PB Ratio is 0.73 as of Jun. 25, 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 HMC Capital (ASX:HMC) Overvalued in 2026?
Based on GuruFocus' analysis, HMC Capital stock appears to be undervalued.
The current stock price of A$2.92 is trading 79.4% below its estimated GF Value™ of A$14.15.
GuruFocus considers HMC Capital to be Possible Value Trap.
Key valuation signals for ASX:HMC:
PB Ratio: 0.73 (54% below median its 10-year median of 1.59)
GF Value™: A$14.15 vs. price of A$2.92 (79.4% below fair value)
Industry Position: 15.1% below the REITs median (#320 of 929)
No single metric tells the full story. See the ASX:HMC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HMC Capital Ltd is a property group focused on ownership, development, and management. The company's operating segment includes Real Estate which comprises of HMC Capital managed HomeCo Daily Needs REIT, HealthCo Healthcare and Wellness REIT, HMC Wholesale Healthcare Fund and the Last Mile Logistics Fund; Private Equity which includes the HMC Capital Partners Fund I, a high conviction strategic stakes fund; and Corporate properties which includes unallocated costs and Capital Solutions activities which includes short term investments undertaken relating to non-HMC managed funds. It generates maximum revenue from the Real Estate segment. The company portfolio comprises mainly retail and services centers.
65GF Score
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