Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
New Media LabHKSE:01284 -3.03%61 PB Ratio is 1.56 as of Aug. 20, 2026, which is 46% above its 10-year median of 1.07. GuruFocus rates HKSE:01284 with a GF Score™ of 61/100 and a GF Value™ of HK$0.27 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 919 Media - Diversified companies, New Media Lab ranks worse than 56.91% 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 (2026-08-20), New Media Lab's share price is HK$0.48. New Media Lab's Book Value per Share for the quarter that ended in Dec. 2025 was HK$0.31. Hence, New Media Lab's PB Ratio of today is 1.56.
Warning Sign:
New Media Lab Ltd stock PB Ratio (=1.54) is close to 2-year high of 1.56.
The historical rank and industry rank for New Media Lab's PB Ratio or its related term are showing as below:
HKSE:01284'
s PB Ratio Range Over the Past 10 Years
Min: 0.69 Med: 1.07 Max: 9.08
Current: 1.55
During the past 6 years, New Media Lab's highest PB Ratio was 9.08. The lowest was 0.69. And the median was 1.07.
HKSE:01284's PB Ratio is ranked worse than 56.91% of 919
companies
in the Media - Diversified industry
Industry Median: 1.3
vs HKSE:01284: 1.55
During the past 12 months, New Media Lab's average Book Value Per Share Growth Rate was -6.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 37.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 39.20% per year.
During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of New Media Lab was 65.00% per year. The lowest was 37.30% per year. And the median was 53.80% 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.
New Media Lab PB Ratio Related Terms
New Media Lab PB Ratio Historical Data
* Premium members only.
The historical data trend for New Media Lab'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 Advertising Agencies subindustry, New Media Lab'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.
New Media Lab PB Ratio vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, New Media Lab's PB Ratio distribution charts can be found below:
* The bar in red indicates where New Media Lab'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.
New Media Lab's PB Ratio for today is calculated as follows:
* 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.
New Media Lab (HKSE:01284) has a PB Ratio of 1.56 as of Aug. 20, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on New Media Lab and its competitors. This is 46% above median its historical median of 1.07. Over the past decade, New Media Lab's PB Ratio has ranged from 0.69 to 9.08. According to the industry distribution chart, New Media Lab ranks #523 out of 919 companies in the Media - Diversified industry, placing it in the top 56.9%.
Is New Media Lab's PB Ratio too high?
New Media Lab's current PB Ratio of 1.56 is 46% above median its 10-year median of 1.07. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 9.08. The Media - Diversified industry median PB Ratio is 1.30. New Media Lab's value of 1.56 is 20% above this industry median. Based on the distribution chart, New Media Lab ranks #523 out of 919 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, New Media Lab has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does New Media Lab's PB Ratio compare to APP and OMC?
According to the Media - Diversified industry distribution chart, New Media Lab ranks #523 out of 919 companies for PB Ratio. This places New Media Lab in the lower half of its industry. The industry median PB Ratio is 1.30. New Media Lab's value of 1.56 is 20% above this benchmark. Historically, New Media Lab's own PB Ratio has ranged from 0.69 to 9.08 over the past decade. While the company's 10-year median is 1.07 vs. the industry median of 1.30, New Media Lab 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 Media - Diversified company?
The median PB Ratio among Media - Diversified companies is 1.30, based on 919 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. New Media Lab's current PB Ratio of 1.56 is 20% 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 New Media Lab and its competitors. For the Media - Diversified industry, the median PB Ratio is 1.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Media Lab's current PB Ratio is 1.56, which is 46% above median its own 10-year median of 1.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Media Lab stock overvalued right now?
Based on GuruFocus' analysis, New Media Lab (HKSE:01284) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.27, compared to a current price of HK$0.48 — trading 77.8% above its estimated fair value. The current PB Ratio is 1.56, which is 46% above median its 10-year median of 1.07 and 20% above the Media - Diversified industry median of 1.30. New Media Lab's overall GF Score™ is 61/100 with 7 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 New Media Lab (HKSE:01284), the current PB Ratio is 1.56 as of Aug. 20, 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 New Media Lab (HKSE:01284) Overvalued in 2026?
Based on GuruFocus' analysis, New Media Lab stock appears to be overvalued.
The current stock price of HK$0.48 is trading 77.8% above its estimated GF Value™ of HK$0.27.
GuruFocus considers New Media Lab to be Significantly Overvalued.
Key valuation signals for HKSE:01284:
PB Ratio: 1.56 (46% above median its 10-year median of 1.07)
GF Value™: HK$0.27 vs. price of HK$0.48 (77.8% above fair value)
Industry Position: 20% above the Media - Diversified median (#523 of 919)
No single metric tells the full story. See the HKSE:01284 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
New Media Lab Ltd is a digital media company, providing integrated advertising solutions to advertisers ranging from multi-national brand owners, and advertising agencies to SMEs through its Digital Media Platforms. The company produces and distributes content on diverse areas of interest under its different and popular media brands.
61GF Score
Get the complete analysis for HKSE:01284
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HKSE:01284 has been successfully added to your 
