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Wang On PropertiesHKSE:01243 -3.03% PB Ratio is 0.19 as of Aug. 07, 2026, which is 37% below its 10-year median of 0.30. The stock has 4 warning signs investors should review. Among 1,714 Real Estate companies, Wang On Properties ranks better than 91.13% on this metric.
Wang On Properties Ltd stock PB Ratio (=0.2) is close to 3-year high of 0.21.
The historical rank and industry rank for Wang On Properties's PB Ratio or its related term are showing as below:
HKSE:01243'
s PB Ratio Range Over the Past 10 Years
Min: 0.12 Med: 0.3 Max: 12.84
Current: 0.19
During the past 13 years, Wang On Properties's highest PB Ratio was 12.84. The lowest was 0.12. And the median was 0.30.
HKSE:01243's PB Ratio is ranked better than 91.13% of 1714
companies
in the Real Estate industry
Industry Median: 0.82
vs HKSE:01243: 0.19
During the past 12 months, Wang On Properties's average Book Value Per Share Growth Rate was -26.20% 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 -12.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 3.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Wang On Properties was 181.60% per year. The lowest was -21.30% per year. And the median was 7.30% 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.
Wang On Properties PB Ratio Related Terms
Wang On Properties PB Ratio Historical Data
* Premium members only.
The historical data trend for Wang On Properties'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.
For the Real Estate - Development subindustry, Wang On Properties'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.
Wang On Properties PB Ratio vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Wang On Properties's PB Ratio distribution charts can be found below:
* The bar in red indicates where Wang On Properties'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.
Wang On Properties (HKSE:01243) has a PB Ratio of 0.19 as of Aug. 07, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Wang On Properties and its competitors. This is 37% below median its historical median of 0.30. Over the past decade, Wang On Properties' PB Ratio has ranged from 0.12 to 12.84. According to the industry distribution chart, Wang On Properties ranks #152 out of 1714 companies in the Real Estate industry, placing it in the top 8.9%.
Is Wang On Properties' PB Ratio too high?
Wang On Properties' current PB Ratio of 0.19 is 37% below median its 10-year median of 0.30. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 12.84. The Real Estate industry median PB Ratio is 0.82. Wang On Properties' value of 0.19 is 76.8% below this industry median. Based on the distribution chart, Wang On Properties ranks #152 out of 1714 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers.
How does Wang On Properties' PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Wang On Properties ranks #152 out of 1714 companies for PB Ratio. This places Wang On Properties in the top 9% of its industry — outperforming the majority of peers. The industry median PB Ratio is 0.82. Wang On Properties' value of 0.19 is 76.8% below this benchmark. Historically, Wang On Properties' own PB Ratio has ranged from 0.12 to 12.84 over the past decade. While the company's 10-year median is 0.30 vs. the industry median of 0.82, Wang On Properties 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 Real Estate company?
The median PB Ratio among Real Estate companies is 0.82, based on 1,714 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. Wang On Properties's current PB Ratio of 0.19 is 76.8% 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 Wang On Properties and its competitors. For the Real Estate industry, the median PB Ratio is 0.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wang On Properties's current PB Ratio is 0.19, which is 37% below median its own 10-year median of 0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wang On Properties stock overvalued right now?
Based on GuruFocus' analysis, Wang On Properties (HKSE:01243) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.04, compared to a current price of HK$0.03 — trading 20% below its estimated fair value. The current PB Ratio is 0.19, which is 37% below median its 10-year median of 0.30 and 76.8% below the Real Estate industry median of 0.82. 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 Wang On Properties (HKSE:01243), the current PB Ratio is 0.19 as of Aug. 07, 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.
Wang On Properties Ltd is engaged in property development and property investment in Hong Kong. The company's business segments are Property development and trading, Asset management segment, and Property investment. The Property development segment, which is the key revenue-driving segment, engages in the development of properties whereas the Property Investment segment engages in the investment in commercial and industrial premises for rental or for sale. The Asset Management segment earns fee income for managing assets on behalf of the group's capital partners via investment vehicles. The company operates its business in Hong Kong. It derives maximum revenue from Property development and trading.
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