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MECOM Power and ConstructionHKSE:01183 65 PB Ratio is 1.41 as of Aug. 15, 2026, which is 61% below its 10-year median of 3.66. GuruFocus rates HKSE:01183 with a GF Score™ of 65/100 and a GF Value™ of HK$0.23 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 609 Steel companies, MECOM Power and Construction ranks worse than 65.35% on this metric.
MECOM Power and Construction Ltd stock PB Ratio (=1.41) is close to 1-year low of 1.38.
The historical rank and industry rank for MECOM Power and Construction's PB Ratio or its related term are showing as below:
HKSE:01183'
s PB Ratio Range Over the Past 10 Years
Min: 1.17 Med: 3.66 Max: 20.52
Current: 1.41
During the past 12 years, MECOM Power and Construction's highest PB Ratio was 20.52. The lowest was 1.17. And the median was 3.66.
HKSE:01183's PB Ratio is ranked worse than 65.35% of 609
companies
in the Steel industry
Industry Median: 0.98
vs HKSE:01183: 1.41
During the past 12 months, MECOM Power and Construction's average Book Value Per Share Growth Rate was 5.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -3.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 9.10% per year.
During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of MECOM Power and Construction was 41.60% per year. The lowest was -5.50% per year. And the median was 0.00% 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.
MECOM Power and Construction PB Ratio Related Terms
MECOM Power and Construction 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.
For the Steel subindustry, MECOM Power and Construction'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.
MECOM Power and Construction PB Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, MECOM Power and Construction's PB Ratio distribution charts can be found below:
* The bar in red indicates where MECOM Power and Construction's PB Ratio falls into.
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.
MECOM Power and Construction (HKSE:01183) has a PB Ratio of 1.41 as of Aug. 15, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on MECOM Power and Construction and its competitors. This is 61% below median its historical median of 3.66. Over the past decade, MECOM Power and Construction's PB Ratio has ranged from 1.17 to 20.52. According to the industry distribution chart, MECOM Power and Construction ranks #398 out of 609 companies in the Steel industry, placing it in the top 65.4%.
Is MECOM Power and Construction's PB Ratio too high?
MECOM Power and Construction's current PB Ratio of 1.41 is 61% below median its 10-year median of 3.66. Over the past 10 years, this metric has ranged from a low of 1.17 to a high of 20.52. The Steel industry median PB Ratio is 0.98. MECOM Power and Construction's value of 1.41 is 43.9% above this industry median. Based on the distribution chart, MECOM Power and Construction ranks #398 out of 609 companies in the Steel industry, which is below the industry midpoint. Overall, MECOM Power and Construction has a GF Score™ of 65/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MECOM Power and Construction's PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, MECOM Power and Construction ranks #398 out of 609 companies for PB Ratio. This places MECOM Power and Construction in the lower half of its industry. The industry median PB Ratio is 0.98. MECOM Power and Construction's value of 1.41 is 43.9% above this benchmark. Historically, MECOM Power and Construction's own PB Ratio has ranged from 1.17 to 20.52 over the past decade. While the company's 10-year median is 3.66 vs. the industry median of 0.98, MECOM Power and Construction 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 Steel company?
The median PB Ratio among Steel companies is 0.98, based on 609 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. MECOM Power and Construction's current PB Ratio of 1.41 is 43.9% 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 MECOM Power and Construction and its competitors. For the Steel industry, the median PB Ratio is 0.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MECOM Power and Construction's current PB Ratio is 1.41, which is 61% below median its own 10-year median of 3.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MECOM Power and Construction stock overvalued right now?
Based on GuruFocus' analysis, MECOM Power and Construction (HKSE:01183) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$0.23, compared to a current price of HK$0.14 — trading 41.3% below its estimated fair value. The current PB Ratio is 1.41, which is 61% below median its 10-year median of 3.66 and 43.9% above the Steel industry median of 0.98. MECOM Power and Construction's overall GF Score™ is 65/100 with 6 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 MECOM Power and Construction (HKSE:01183), the current PB Ratio is 1.41 as of Aug. 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 MECOM Power and Construction (HKSE:01183) Overvalued in 2026?
Based on GuruFocus' analysis, MECOM Power and Construction stock appears to be undervalued.
The current stock price of HK$0.14 is trading 41.3% below its estimated GF Value™ of HK$0.23.
GuruFocus considers MECOM Power and Construction to be Significantly Undervalued.
Key valuation signals for HKSE:01183:
PB Ratio: 1.41 (61% below median its 10-year median of 3.66)
GF Value™: HK$0.23 vs. price of HK$0.14 (41.3% below fair value)
Industry Position: 43.9% above the Steel median (#398 of 609)
No single metric tells the full story. See the HKSE:01183 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MECOM Power and Construction Ltd is a construction company engaged in construction of power substation and structural steelworks. Its scope covers steel structures business, including research and development and sales of new construction materials; construction business, including construction and fitting out works, high voltage power substation construction and its system installation works, E&M engineering services works, facilities management and operation and maintenance services, construction, operation and maintenance of data centres; and electric vehicles related services. Its segments are: Construction business, Electric vehicles business, and Intelligent manufacturing business. It derives maximum revenue from Intelligent manufacturing business.
65GF Score
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