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Hong Kong Gold Industry GroupFRA:Z4R +1.78%35 PB Ratio is 3.20 as of Aug. 19, 2026, which is 230% above its 10-year median of 0.97. GuruFocus rates FRA:Z4R with a GF Score™ of 35/100. The stock has 4 warning signs investors should review. Among 2,359 Metals & Mining companies, Hong Kong Gold Industry Group ranks worse than 63.04% on this metric.
The historical rank and industry rank for Hong Kong Gold Industry Group's PB Ratio or its related term are showing as below:
FRA:Z4R'
s PB Ratio Range Over the Past 10 Years
Min: 0.22 Med: 0.97 Max: 5.23
Current: 3.39
During the past 13 years, Hong Kong Gold Industry Group's highest PB Ratio was 5.23. The lowest was 0.22. And the median was 0.97.
FRA:Z4R's PB Ratio is ranked worse than 63.04% of 2359
companies
in the Metals & Mining industry
Industry Median: 2.32
vs FRA:Z4R: 3.39
During the past 12 months, Hong Kong Gold Industry Group's average Book Value Per Share Growth Rate was -12.40% 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 2.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -5.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Hong Kong Gold Industry Group was 16.30% per year. The lowest was -24.90% per year. And the median was -4.05% 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.
Hong Kong Gold Industry Group PB Ratio Related Terms
Hong Kong Gold Industry Group 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.
Hong Kong Gold Industry Group PB Ratio Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Hong Kong Gold Industry Group'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.
Hong Kong Gold Industry Group PB Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Hong Kong Gold Industry Group's PB Ratio distribution charts can be found below:
* The bar in red indicates where Hong Kong Gold Industry Group's PB Ratio falls into.
Hong Kong Gold Industry Group 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.
* 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.
Hong Kong Gold Industry Group (FRA:Z4R) has a PB Ratio of 3.20 as of Aug. 19, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Hong Kong Gold Industry Group and its competitors. This is 230% above median its historical median of 0.97. Over the past decade, Hong Kong Gold Industry Group's PB Ratio has ranged from 0.22 to 5.23. According to the industry distribution chart, Hong Kong Gold Industry Group ranks #1487 out of 2359 companies in the Metals & Mining industry, placing it in the top 63%.
Is Hong Kong Gold Industry Group's PB Ratio too high?
Hong Kong Gold Industry Group's current PB Ratio of 3.20 is 230% above median its 10-year median of 0.97. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 5.23. The Metals & Mining industry median PB Ratio is 2.32. Hong Kong Gold Industry Group's value of 3.20 is 37.9% above this industry median. Based on the distribution chart, Hong Kong Gold Industry Group ranks #1487 out of 2359 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Hong Kong Gold Industry Group has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Hong Kong Gold Industry Group's PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Hong Kong Gold Industry Group ranks #1487 out of 2359 companies for PB Ratio. This places Hong Kong Gold Industry Group in the lower half of its industry. The industry median PB Ratio is 2.32. Hong Kong Gold Industry Group's value of 3.20 is 37.9% above this benchmark. Historically, Hong Kong Gold Industry Group's own PB Ratio has ranged from 0.22 to 5.23 over the past decade. While the company's 10-year median is 0.97 vs. the industry median of 2.32, Hong Kong Gold Industry Group has consistently been above 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 Metals & Mining company?
The median PB Ratio among Metals & Mining companies is 2.32, based on 2,359 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. Hong Kong Gold Industry Group's current PB Ratio of 3.20 is 37.9% above 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 Hong Kong Gold Industry Group and its competitors. For the Metals & Mining industry, the median PB Ratio is 2.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hong Kong Gold Industry Group's current PB Ratio is 3.20, which is 230% above median its own 10-year median of 0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hong Kong Gold Industry Group stock overvalued right now?
Hong Kong Gold Industry Group (FRA:Z4R) has a current PB Ratio of 3.20. The current PB Ratio is 3.20, which is 230% above median its 10-year median of 0.97 and 37.9% above the Metals & Mining industry median of 2.32. Hong Kong Gold Industry Group's overall GF Score™ is 35/100 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 Hong Kong Gold Industry Group (FRA:Z4R), the current PB Ratio is 3.20 as of Aug. 19, 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.
Hong Kong Gold Industry Group Ltd, formerly known as Add New Energy Investment Holdings Group Ltd, is an investment holding company. The company and its subsidiaries are principally engaged in iron ore processing, and selling of iron concentrates and other minerals in the People's Republic of China. Its mines include Yangzhuang Iron Mine, Zhuge Shangyu Ilmenite Mine, Qinjiazhuang Ilmenite, Gaozhuang Shangyu Ilmenite and Luxing Titanium Mine. The businesses of the Group are classified into mining and ore processing, and trading of minerals, which are its two reportable segments. The majority of the company's revenue is derived from the Trading of minerals segment. Geographically, all the revenue of the Group is derived in the PRC.
35GF Score
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