Pinestone Capital (HKSE:00804) PB Ratio: 4.20 (As of Aug. 14, 2026) — 253% Above Median

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HKSE:00804 Pinestone Capital Ltd HKSE:00804
52 GF Score
Price HK$13.50
GF Value HK$2.23
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Pinestone Capital PB Ratio?

Pinestone Capital HKSE:00804 +10.02% 52 PB Ratio is 4.20 as of Aug. 14, 2026, which is 253% above its 10-year median of 1.19. GuruFocus rates HKSE:00804 with a GF Score™ of 52/100 and a GF Value™ of HK$2.23 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 777 Capital Markets companies, Pinestone Capital ranks worse than 85.84% 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 (2026-08-14), Pinestone Capital's share price is HK$13.50. Pinestone Capital's Book Value per Share for the quarter that ended in Dec. 2025 was HK$3.21. Hence, Pinestone Capital's PB Ratio of today is 4.20.

Warning Sign:

Pinestone Capital Ltd stock PB Ratio (=2.88) is close to 5-year high of 2.88.

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

HKSE:00804' s PB Ratio Range Over the Past 10 Years
Min: 0.31   Med: 1.19   Max: 12.26
Current: 4.21

During the past 12 years, Pinestone Capital's highest PB Ratio was 12.26. The lowest was 0.31. And the median was 1.19.

HKSE:00804's PB Ratio is ranked worse than
85.84% of 777 companies
in the Capital Markets industry
Industry Median: 1.32 vs HKSE:00804: 4.21

During the past 12 months, Pinestone Capital's average Book Value Per Share Growth Rate was -21.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -21.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -20.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -10.90% per year.

During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of Pinestone Capital was 105.20% per year. The lowest was -23.90% per year. And the median was -8.40% per year.

Back to Basics: PB Ratio


Pinestone Capital  (HKSE:00804) 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.


Pinestone Capital PB Ratio Related Terms


Pinestone Capital PB Ratio Historical Data

* Premium members only.

The historical data trend for Pinestone Capital'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.

Pinestone Capital PB Ratio Chart

Pinestone Capital 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 1.32 0.57 0.42 0.63 1.20

Pinestone Capital 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 0.42 0.79 0.63 0.47 1.20

HKSE:00804 vs MS, GS, SCHW: PB Ratio Comparison

For the Capital Markets subindustry, Pinestone Capital'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.


Pinestone Capital PB Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Pinestone Capital's PB Ratio distribution charts can be found below:

* The bar in red indicates where Pinestone Capital's PB Ratio falls into.


HKSE:00804
52GF Score
Pinestone Capital Ltd HKSE:00804
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pinestone Capital 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.

Pinestone Capital's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=13.50/3.212
=4.20

* 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 4.20 mean?
Pinestone Capital (HKSE:00804) has a PB Ratio of 4.20 as of Aug. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Pinestone Capital and its competitors. This is 253% above median its historical median of 1.19. Over the past decade, Pinestone Capital's PB Ratio has ranged from 0.31 to 12.26. According to the industry distribution chart, Pinestone Capital ranks #667 out of 777 companies in the Capital Markets industry, placing it in the top 85.8%.
Is Pinestone Capital's PB Ratio too high?
Pinestone Capital's current PB Ratio of 4.20 is 253% above median its 10-year median of 1.19. Over the past 10 years, this metric has ranged from a low of 0.31 to a high of 12.26. The Capital Markets industry median PB Ratio is 1.32. Pinestone Capital's value of 4.20 is 218.2% above this industry median. Based on the distribution chart, Pinestone Capital ranks #667 out of 777 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Pinestone Capital has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pinestone Capital's PB Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, Pinestone Capital ranks #667 out of 777 companies for PB Ratio. This places Pinestone Capital in the lower half of its industry. The industry median PB Ratio is 1.32. Pinestone Capital's value of 4.20 is 218.2% above this benchmark. Historically, Pinestone Capital's own PB Ratio has ranged from 0.31 to 12.26 over the past decade. While the company's 10-year median is 1.19 vs. the industry median of 1.32, Pinestone Capital 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 Capital Markets company?
The median PB Ratio among Capital Markets companies is 1.32, based on 777 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. Pinestone Capital's current PB Ratio of 4.20 is 218.2% 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 Pinestone Capital and its competitors. For the Capital Markets industry, the median PB Ratio is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pinestone Capital's current PB Ratio is 4.20, which is 253% above median its own 10-year median of 1.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pinestone Capital stock overvalued right now?
Based on GuruFocus' analysis, Pinestone Capital (HKSE:00804) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$2.23, compared to a current price of HK$13.50 — trading 505.4% above its estimated fair value. The current PB Ratio is 4.20, which is 253% above median its 10-year median of 1.19 and 218.2% above the Capital Markets industry median of 1.32. Pinestone Capital's overall GF Score™ is 52/100 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 Pinestone Capital (HKSE:00804), the current PB Ratio is 4.20 as of Aug. 14, 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 Pinestone Capital (HKSE:00804) Overvalued in 2026?

Based on GuruFocus' analysis, Pinestone Capital stock appears to be overvalued. The current stock price of HK$13.50 is trading 505.4% above its estimated GF Value™ of HK$2.23. GuruFocus considers Pinestone Capital to be Significantly Overvalued.

Key valuation signals for HKSE:00804:

  • PB Ratio: 4.20 (253% above median its 10-year median of 1.19)
  • GF Value™: HK$2.23 vs. price of HK$13.50 (505.4% above fair value)
  • GF Score™: 52/100 with 4 warning signs
  • Industry Position: 218.2% above the Capital Markets median (#667 of 777)

No single metric tells the full story. See the HKSE:00804 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pinestone Capital Business Description

Address 88 Connaught Road Central, Room 1608, 16th Floor, Nan Fung Tower, Central, Hong Kong, HKG
Pinestone Capital Ltd is an investment holding company principally engaged in the provision of financial services in Hong Kong. The group provides securities brokerage, placing and underwriting services, and securities-backed financing services for individual and corporate clients through its subsidiaries. The group derives its revenue mainly from interest income from financing services, commission income from brokerage services, and placing and underwriting income.
52GF Score

Get the complete analysis for HKSE:00804

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

HK$13.50
Price
HK$2.23
GF Value