High Fashion International (HKSE:00608) PB Ratio: 0.09 (As of Sep. 15, 2026) — 44% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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HKSE:00608 High Fashion International Ltd HKSE:00608
68 GF Score
Price HK$1.02
GF Value HK$1.35
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is High Fashion International PB Ratio?

High Fashion International HKSE:00608 -7.31% 68 PB Ratio is 0.09 as of Sep. 15, 2026, which is 44% below its 10-year median of 0.16. GuruFocus rates HKSE:00608 with a GF Score™ of 68/100 and a GF Value™ of HK$1.35 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,010 Manufacturing - Apparel & Accessories companies, High Fashion International ranks better than 99.21% 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 (2026-09-15), High Fashion International's share price is HK$1.015. High Fashion International's Book Value per Share for the quarter that ended in Dec. 2025 was HK$10.98. Hence, High Fashion International's PB Ratio of today is 0.09.

Good Sign:

High Fashion International Ltd stock PB Ratio (=0.1) is close to 10-year low of 0.1.

The historical rank and industry rank for High Fashion International's PB Ratio or its related term are showing as below:

HKSE:00608' s PB Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.16   Max: 0.29
Current: 0.09

During the past 13 years, High Fashion International's highest PB Ratio was 0.29. The lowest was 0.09. And the median was 0.16.

HKSE:00608's PB Ratio is ranked better than
99.21% of 1010 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.08 vs HKSE:00608: 0.09

During the past 12 months, High Fashion International's average Book Value Per Share Growth Rate was 4.50% 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 1.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 4.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of High Fashion International was 36.70% per year. The lowest was -7.00% per year. And the median was 4.90% per year.

Back to Basics: PB Ratio


High Fashion International  (HKSE:00608) 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.


High Fashion International PB Ratio Related Terms


High Fashion International PB Ratio Historical Data

* Premium members only.

The historical data trend for High Fashion International'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.

High Fashion International PB Ratio Chart

High Fashion International 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 0.14 0.16 0.14 0.18 0.16

High Fashion International Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 0.15 0.18 0.13 0.16 0.00

HKSE:00608 vs RL, LEVI, VFC: PB Ratio Comparison

For the Apparel Manufacturing subindustry, High Fashion 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.


High Fashion International PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, High Fashion International's PB Ratio distribution charts can be found below:

* The bar in red indicates where High Fashion International's PB Ratio falls into.


HKSE:00608
68GF Score
High Fashion International Ltd HKSE:00608
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

High Fashion International 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.

High Fashion International's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=1.015/10.975
=0.09

* 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 0.09 mean?
High Fashion International (HKSE:00608) has a PB Ratio of 0.09 as of Sep. 15, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on High Fashion International and its competitors. This is 44% below median its historical median of 0.16. Over the past decade, High Fashion International's PB Ratio has ranged from 0.09 to 0.29. According to the industry distribution chart, High Fashion International ranks #8 out of 1010 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 0.8%.
Is High Fashion International's PB Ratio too high?
High Fashion International's current PB Ratio of 0.09 is 44% below median its 10-year median of 0.16. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 0.29. The Manufacturing - Apparel & Accessories industry median PB Ratio is 1.08. High Fashion International's value of 0.09 is 91.7% below this industry median. Based on the distribution chart, High Fashion International ranks #8 out of 1010 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, High Fashion International has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does High Fashion International's PB Ratio compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, High Fashion International ranks #8 out of 1010 companies for PB Ratio. This places High Fashion International in the top 1% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.08. High Fashion International's value of 0.09 is 91.7% below this benchmark. Historically, High Fashion International's own PB Ratio has ranged from 0.09 to 0.29 over the past decade. While the company's 10-year median is 0.16 vs. the industry median of 1.08, High Fashion 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 Manufacturing - Apparel & Accessories company?
The median PB Ratio among Manufacturing - Apparel & Accessories companies is 1.08, based on 1,010 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. High Fashion International's current PB Ratio of 0.09 is 91.7% 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 High Fashion International and its competitors. For the Manufacturing - Apparel & Accessories industry, the median PB Ratio is 1.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. High Fashion International's current PB Ratio is 0.09, which is 44% below median its own 10-year median of 0.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is High Fashion International stock overvalued right now?
Based on GuruFocus' analysis, High Fashion International (HKSE:00608) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$1.35, compared to a current price of HK$1.02 — trading 24.8% below its estimated fair value. The current PB Ratio is 0.09, which is 44% below median its 10-year median of 0.16 and 91.7% below the Manufacturing - Apparel & Accessories industry median of 1.08. High Fashion International's overall GF Score™ is 68/100 with 5 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 High Fashion International (HKSE:00608), the current PB Ratio is 0.09 as of Sep. 15, 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 High Fashion International (HKSE:00608) Overvalued in 2026?

Based on GuruFocus' analysis, High Fashion International stock appears to be undervalued. The current stock price of HK$1.02 is trading 24.8% below its estimated GF Value™ of HK$1.35. GuruFocus considers High Fashion International to be Modestly Undervalued.

Key valuation signals for HKSE:00608:

  • PB Ratio: 0.09 (44% below median its 10-year median of 0.16)
  • GF Value™: HK$1.35 vs. price of HK$1.02 (24.8% below fair value)
  • GF Score™: 68/100 with 5 warning signs
  • Industry Position: 91.7% below the Manufacturing - Apparel & Accessories median (#8 of 1010)

No single metric tells the full story. See the HKSE:00608 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


High Fashion International Business Description

Address 1-11 Kwai Hei Street, 11th Floor, High Fashion Centre, Kwai Chung, New Territories, Hong Kong, HKG
High Fashion International Ltd is an investment holding company. The company's operating segments include the Manufacturing and trading of garments and related products, and Property investment and development. The company generates maximum revenue from the Manufacturing and trading of garments segment and geographically from China. The company operates in the United States, China, Europe, and Other countries.
68GF Score

Get the complete analysis for HKSE:00608

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

HK$1.02
Price
HK$1.35
GF Value