Michael Hill InternationalASX:MHJ +3.13%57 PB Ratio is 0.66 as of Jun. 26, 2026, which is 61% below its 10-year median of 1.69. GuruFocus rates ASX:MHJ with a GF Score™ of 57/100 and a GF Value™ of A$0.57 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,077 Retail - Cyclical companies, Michael Hill International ranks better than 79.2% on this metric.
Michael Hill International Ltd stock PB Ratio (=0.64) is close to 5-year low of 0.64.
The historical rank and industry rank for Michael Hill International's PB Ratio or its related term are showing as below:
ASX:MHJ'
s PB Ratio Range Over the Past 10 Years
Min: 0.53 Med: 1.69 Max: 3.54
Current: 0.66
During the past 13 years, Michael Hill International's highest PB Ratio was 3.54. The lowest was 0.53. And the median was 1.69.
ASX:MHJ's PB Ratio is ranked better than 79.2% of 1077
companies
in the Retail - Cyclical industry
Industry Median: 1.44
vs ASX:MHJ: 0.66
During the past 12 months, Michael Hill International's average Book Value Per Share Growth Rate was 3.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -4.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 0.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -0.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Michael Hill International was 23.50% per year. The lowest was -48.00% per year. And the median was 6.30% per year.
Back to Basics: PB Ratio
Michael Hill International (ASX:MHJ) 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.
Michael Hill International PB Ratio Related Terms
Michael Hill International PB Ratio Historical Data
* 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 Luxury Goods subindustry, Michael Hill International'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.
Michael Hill International PB Ratio vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Michael Hill International's PB Ratio distribution charts can be found below:
* The bar in red indicates where Michael Hill International'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.
Michael Hill International (ASX:MHJ) has a PB Ratio of 0.66 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Michael Hill International and its competitors. This is 61% below median its historical median of 1.69. Over the past decade, Michael Hill International's PB Ratio has ranged from 0.53 to 3.54. According to the industry distribution chart, Michael Hill International ranks #224 out of 1077 companies in the Retail - Cyclical industry, placing it in the top 20.8%.
Is Michael Hill International's PB Ratio too high?
Michael Hill International's current PB Ratio of 0.66 is 61% below median its 10-year median of 1.69. Over the past 10 years, this metric has ranged from a low of 0.53 to a high of 3.54. The Retail - Cyclical industry median PB Ratio is 1.44. Michael Hill International's value of 0.66 is 54.2% below this industry median. Based on the distribution chart, Michael Hill International ranks #224 out of 1077 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Michael Hill International has a GF Score™ of 57/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Michael Hill International's PB Ratio compare to TPR and SIG?
According to the Retail - Cyclical industry distribution chart, Michael Hill International ranks #224 out of 1077 companies for PB Ratio. This places Michael Hill International in the top 21% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.44. Michael Hill International's value of 0.66 is 54.2% below this benchmark. Historically, Michael Hill International's own PB Ratio has ranged from 0.53 to 3.54 over the past decade. While the company's 10-year median is 1.69 vs. the industry median of 1.44, Michael Hill International 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 1.44, based on 1,077 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. Michael Hill International's current PB Ratio of 0.66 is 54.2% 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 Michael Hill International and its competitors. For the Retail - Cyclical industry, the median PB Ratio is 1.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Michael Hill International's current PB Ratio is 0.66, which is 61% below median its own 10-year median of 1.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Michael Hill International stock overvalued right now?
Based on GuruFocus' analysis, Michael Hill International (ASX:MHJ) is currently considered Significantly Undervalued. The stock's GF Value™ is A$0.57, compared to a current price of A$0.33 — trading 42.1% below its estimated fair value. The current PB Ratio is 0.66, which is 61% below median its 10-year median of 1.69 and 54.2% below the Retail - Cyclical industry median of 1.44. Michael Hill International's overall GF Score™ is 57/100 with 4 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 Michael Hill International (ASX:MHJ), the current PB Ratio is 0.66 as of Jun. 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 Michael Hill International (ASX:MHJ) Overvalued in 2026?
Based on GuruFocus' analysis, Michael Hill International stock appears to be undervalued.
The current stock price of A$0.33 is trading 42.1% below its estimated GF Value™ of A$0.57.
GuruFocus considers Michael Hill International to be Significantly Undervalued.
Key valuation signals for ASX:MHJ:
PB Ratio: 0.66 (61% below median its 10-year median of 1.69)
GF Value™: A$0.57 vs. price of A$0.33 (42.1% below fair value)
Industry Position: 54.2% below the Retail - Cyclical median (#224 of 1077)
No single metric tells the full story. See the ASX:MHJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Michael Hill International Ltd is an Australia based specialist retail jewellery chain engaged in the sale of jewellery and related services. It operates stores in Australia, New Zealand and Canada. It derives prime revenue from Australia. The product portfolio of the company includes Rings, Earrings, Pendants and Necklaces, Bracelets, Bangles and other products.
57GF Score
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