Sincere Co (HKSE:00244) PB Ratio: (As of Sep. 01, 2026)

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Director of Data and Quant Analytics at GuruFocus
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HKSE:00244 Sincere Co Ltd HKSE:00244
11 GF Score
Price HK$0.30
GF Value HK$0.20
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Sincere Co PB Ratio?

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 (2026-09-01), Sincere Co's share price is HK$0.30. Sincere Co's Book Value per Share for the quarter that ended in Dec. 2025 was HK$-0.01. Hence, Sincere Co's PB Ratio of today is .

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

During the past 13 years, Sincere Co's highest PB Ratio was 11.00. The lowest was 0.31. And the median was 2.59.

HKSE:00244's PB Ratio is not ranked *
in the Retail - Cyclical industry.
Industry Median: 1.515
* Ranked among companies with meaningful PB Ratio only.

During the past 12 months, Sincere Co's average Book Value Per Share Growth Rate was -128.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Sincere Co was 31.10% per year. The lowest was -60.30% per year. And the median was -8.55% per year.

Back to Basics: PB Ratio


Sincere Co  (HKSE:00244) 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.


Sincere Co PB Ratio Related Terms


Sincere Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Sincere Co'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.

Sincere Co PB Ratio Chart

Sincere Co Annual Data
Trend Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 2.89 3.87 6.29 0.00

Sincere Co Semi-Annual Data
Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 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 3.87 5.31 6.29 15.63 0.00

HKSE:00244 vs DDS: PB Ratio Comparison

For the Department Stores subindustry, Sincere Co'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.


Sincere Co PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Sincere Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Sincere Co's PB Ratio falls into.


HKSE:00244
11GF Score
Sincere Co Ltd HKSE:00244
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sincere Co 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.

Sincere Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=0.30/-0.01
=

* 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.

Is Sincere Co (HKSE:00244) Overvalued in 2026?

Based on GuruFocus' analysis, Sincere Co stock appears to be overvalued. The current stock price of HK$0.30 is trading 50% above its estimated GF Value™ of HK$0.20. GuruFocus considers Sincere Co to be Significantly Overvalued.

Key valuation signals for HKSE:00244:

  • PB Ratio:
  • GF Value™: HK$0.20 vs. price of HK$0.30 (50% above fair value)
  • GF Score™: 11/100 with 3 warning signs

No single metric tells the full story. See the HKSE:00244 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sincere Co Business Description

Address 1 Connaught Place, 24th Floor, Jardine House, Central, Hong Kong, HKG
Sincere Co Ltd is engaged in the operation of department stores, securities trading, and the provision of life insurance. The company has aggregated its operations into three reportable segments: Department Store Operations, Securities Trading, and Others. The Department Store Operations segment, which generates maximum revenue, consists of the operations of department stores offering a wide range of consumer products. The Securities Trading segment consists of the trading of Hong Kong and overseas securities, and the Others segment consists of the sublease of properties and the provision of life insurance. Its primary geographic markets are Hong Kong, the United Kingdom, and others. Geographically, the company receives maximum revenue from Hong Kong.
11GF Score

Get the complete analysis for HKSE:00244

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

HK$0.30
Price
HK$0.20
GF Value