Raymond Industrial (HKSE:00229) PB Ratio: 0.59 (As of Aug. 21, 2026) — 19% Below Median

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HKSE:00229 Raymond Industrial Ltd HKSE:00229
43 GF Score
Price HK$0.79
GF Value HK$0.83
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Raymond Industrial PB Ratio?

Raymond Industrial HKSE:00229 43 PB Ratio is 0.59 as of Aug. 21, 2026, which is 19% below its 10-year median of 0.73. GuruFocus rates HKSE:00229 with a GF Score™ of 43/100 and a GF Value™ of HK$0.83 (Fairly Valued). The stock has 2 warning signs investors should review. Among 423 Furnishings, Fixtures & Appliances companies, Raymond Industrial ranks better than 76.83% 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 (2026-08-21), Raymond Industrial's share price is HK$0.79. Raymond Industrial's Book Value per Share for the quarter that ended in Dec. 2025 was HK$1.33. Hence, Raymond Industrial's PB Ratio of today is 0.59.

Good Sign:

Raymond Industrial Ltd stock PB Ratio (=0.6) is close to 10-year low of 0.56.

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

HKSE:00229' s PB Ratio Range Over the Past 10 Years
Min: 0.56   Med: 0.73   Max: 0.98
Current: 0.59

During the past 13 years, Raymond Industrial's highest PB Ratio was 0.98. The lowest was 0.56. And the median was 0.73.

HKSE:00229's PB Ratio is ranked better than
76.83% of 423 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.35 vs HKSE:00229: 0.59

During the past 12 months, Raymond Industrial's average Book Value Per Share Growth Rate was -1.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 1.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 0.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 1.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Raymond Industrial was 2.70% per year. The lowest was -76.10% per year. And the median was 0.20% per year.

Back to Basics: PB Ratio


Raymond Industrial  (HKSE:00229) 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.


Raymond Industrial PB Ratio Related Terms


Raymond Industrial PB Ratio Historical Data

* Premium members only.

The historical data trend for Raymond Industrial'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.

Raymond Industrial PB Ratio Chart

Raymond Industrial Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.75 0.61 0.57 0.67 0.70

Raymond Industrial Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.57 0.71 0.67 0.63 0.70

HKSE:00229 vs SN, SGI, MHK: PB Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, Raymond Industrial'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.


Raymond Industrial PB Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Raymond Industrial's PB Ratio distribution charts can be found below:

* The bar in red indicates where Raymond Industrial's PB Ratio falls into.


HKSE:00229
43GF Score
Raymond Industrial Ltd HKSE:00229
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Raymond Industrial 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.

Raymond Industrial's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=0.79/1.334
=0.59

* 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 0.59 mean?
Raymond Industrial (HKSE:00229) has a PB Ratio of 0.59 as of Aug. 21, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Raymond Industrial and its competitors. This is 19% below median its historical median of 0.73. Over the past decade, Raymond Industrial's PB Ratio has ranged from 0.56 to 0.98. According to the industry distribution chart, Raymond Industrial ranks #98 out of 423 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 23.2%.
Is Raymond Industrial's PB Ratio too high?
Raymond Industrial's current PB Ratio of 0.59 is 19% below median its 10-year median of 0.73. Over the past 10 years, this metric has ranged from a low of 0.56 to a high of 0.98. The Furnishings, Fixtures & Appliances industry median PB Ratio is 1.35. Raymond Industrial's value of 0.59 is 56.3% below this industry median. Based on the distribution chart, Raymond Industrial ranks #98 out of 423 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Raymond Industrial has a GF Score™ of 43/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Raymond Industrial's PB Ratio compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Raymond Industrial ranks #98 out of 423 companies for PB Ratio. This places Raymond Industrial in the top 23% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.35. Raymond Industrial's value of 0.59 is 56.3% below this benchmark. Historically, Raymond Industrial's own PB Ratio has ranged from 0.56 to 0.98 over the past decade. While the company's 10-year median is 0.73 vs. the industry median of 1.35, Raymond Industrial 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 Furnishings, Fixtures & Appliances company?
The median PB Ratio among Furnishings, Fixtures & Appliances companies is 1.35, based on 423 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. Raymond Industrial's current PB Ratio of 0.59 is 56.3% 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 Raymond Industrial and its competitors. For the Furnishings, Fixtures & Appliances industry, the median PB Ratio is 1.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Raymond Industrial's current PB Ratio is 0.59, which is 19% below median its own 10-year median of 0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Raymond Industrial stock overvalued right now?
Based on GuruFocus' analysis, Raymond Industrial (HKSE:00229) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.83, compared to a current price of HK$0.79 — trading 4.8% below its estimated fair value. The current PB Ratio is 0.59, which is 19% below median its 10-year median of 0.73 and 56.3% below the Furnishings, Fixtures & Appliances industry median of 1.35. Raymond Industrial's overall GF Score™ is 43/100 with 2 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 Raymond Industrial (HKSE:00229), the current PB Ratio is 0.59 as of Aug. 21, 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 Raymond Industrial (HKSE:00229) Overvalued in 2026?

Based on GuruFocus' analysis, Raymond Industrial stock appears to be undervalued. The current stock price of HK$0.79 is trading 4.8% below its estimated GF Value™ of HK$0.83. GuruFocus considers Raymond Industrial to be Fairly Valued.

Key valuation signals for HKSE:00229:

  • PB Ratio: 0.59 (19% below median its 10-year median of 0.73)
  • GF Value™: HK$0.83 vs. price of HK$0.79 (4.8% below fair value)
  • GF Score™: 43/100 with 2 warning signs
  • Industry Position: 56.3% below the Furnishings, Fixtures & Appliances median (#98 of 423)

No single metric tells the full story. See the HKSE:00229 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Raymond Industrial Business Description

Address 8 On Ping Street, Rooms 1806-1813, 18th Floor, Grandtech Centre, Shatin, New Territories, Hong Kong, HKG
Raymond Industrial Ltd is engaged in the manufacture and sale of electrical home appliances. Its reportable operating segments are North America, mainly including the United States of America and Canada; Latin America, mainly including Mexico; Europe, mainly including the United Kingdom and the Netherlands; Asia, mainly including the PRC, Korea, and Japan; and the Rest of the World.
43GF Score

Get the complete analysis for HKSE:00229

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

HK$0.79
Price
HK$0.83
GF Value