Goldstream Investment (HKSE:01328) PB Ratio: 0.91 (As of Aug. 16, 2026) — 31% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

HKSE:01328 Goldstream Investment Ltd HKSE:01328
59 GF Score
Price HK$3.71
GF Value HK$3.63
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Goldstream Investment PB Ratio?

Goldstream Investment HKSE:01328 +0.82% 59 PB Ratio is 0.91 as of Aug. 16, 2026, which is 31% below its 10-year median of 1.32. GuruFocus rates HKSE:01328 with a GF Score™ of 59/100 and a GF Value™ of HK$3.63 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,598 Asset Management companies, Goldstream Investment ranks better than 61.64% 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 (2026-08-16), Goldstream Investment's share price is HK$3.71. Goldstream Investment's Book Value per Share for the quarter that ended in Dec. 2025 was HK$4.06. Hence, Goldstream Investment's PB Ratio of today is 0.91.

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

HKSE:01328' s PB Ratio Range Over the Past 10 Years
Min: 0.4   Med: 1.32   Max: 3.32
Current: 0.91

During the past 13 years, Goldstream Investment's highest PB Ratio was 3.32. The lowest was 0.40. And the median was 1.32.

HKSE:01328's PB Ratio is ranked better than
61.64% of 1598 companies
in the Asset Management industry
Industry Median: 0.96 vs HKSE:01328: 0.91

During the past 12 months, Goldstream Investment's average Book Value Per Share Growth Rate was 7.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 8.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 2.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 0.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Goldstream Investment was 107.50% per year. The lowest was -29.40% per year. And the median was -0.80% per year.

Back to Basics: PB Ratio


Goldstream Investment  (HKSE:01328) 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.


Goldstream Investment PB Ratio Related Terms


Goldstream Investment PB Ratio Historical Data

* Premium members only.

The historical data trend for Goldstream Investment'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.

Goldstream Investment PB Ratio Chart

Goldstream Investment 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 1.79 0.80 0.52 0.76 0.76

Goldstream Investment 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 0.52 0.92 0.76 0.45 0.76

HKSE:01328 vs BLK, BX, KKR: PB Ratio Comparison

For the Asset Management subindustry, Goldstream Investment'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.


Goldstream Investment PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Goldstream Investment's PB Ratio distribution charts can be found below:

* The bar in red indicates where Goldstream Investment's PB Ratio falls into.


HKSE:01328
59GF Score
Goldstream Investment Ltd HKSE:01328
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Goldstream Investment 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.

Goldstream Investment's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=3.71/4.061
=0.91

* 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 0.91 mean?
Goldstream Investment (HKSE:01328) has a PB Ratio of 0.91 as of Aug. 16, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Goldstream Investment and its competitors. This is 31% below median its historical median of 1.32. Over the past decade, Goldstream Investment's PB Ratio has ranged from 0.40 to 3.32. According to the industry distribution chart, Goldstream Investment ranks #613 out of 1598 companies in the Asset Management industry, placing it in the top 38.4%.
Is Goldstream Investment's PB Ratio too high?
Goldstream Investment's current PB Ratio of 0.91 is 31% below median its 10-year median of 1.32. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 3.32. The Asset Management industry median PB Ratio is 0.96. Goldstream Investment's value of 0.91 is 5.2% below this industry median. Based on the distribution chart, Goldstream Investment ranks #613 out of 1598 companies in the Asset Management industry, which is above the industry midpoint. Overall, Goldstream Investment has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Goldstream Investment's PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Goldstream Investment ranks #613 out of 1598 companies for PB Ratio. This puts Goldstream Investment in the upper half of its industry. The industry median PB Ratio is 0.96. Goldstream Investment's value of 0.91 is 5.2% below this benchmark. Historically, Goldstream Investment's own PB Ratio has ranged from 0.40 to 3.32 over the past decade. While the company's 10-year median is 1.32 vs. the industry median of 0.96, Goldstream Investment 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 an Asset Management company?
The median PB Ratio among Asset Management companies is 0.96, based on 1,598 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. Goldstream Investment's current PB Ratio of 0.91 is 5.2% 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 Goldstream Investment and its competitors. For the Asset Management industry, the median PB Ratio is 0.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Goldstream Investment's current PB Ratio is 0.91, which is 31% below median its own 10-year median of 1.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goldstream Investment stock overvalued right now?
Based on GuruFocus' analysis, Goldstream Investment (HKSE:01328) is currently considered Fairly Valued. The stock's GF Value™ is HK$3.63, compared to a current price of HK$3.71 — trading 2.2% above its estimated fair value. The current PB Ratio is 0.91, which is 31% below median its 10-year median of 1.32 and 5.2% below the Asset Management industry median of 0.96. Goldstream Investment's overall GF Score™ is 59/100 with 1 warning sign 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 Goldstream Investment (HKSE:01328), the current PB Ratio is 0.91 as of Aug. 16, 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 Goldstream Investment (HKSE:01328) Overvalued in 2026?

Based on GuruFocus' analysis, Goldstream Investment stock appears to be overvalued. The current stock price of HK$3.71 is trading 2.2% above its estimated GF Value™ of HK$3.63. GuruFocus considers Goldstream Investment to be Fairly Valued.

Key valuation signals for HKSE:01328:

  • PB Ratio: 0.91 (31% below median its 10-year median of 1.32)
  • GF Value™: HK$3.63 vs. price of HK$3.71 (2.2% above fair value)
  • GF Score™: 59/100 with 1 warning sign
  • Industry Position: 5.2% below the Asset Management median (#613 of 1598)

No single metric tells the full story. See the HKSE:01328 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Goldstream Investment Business Description

Address No. 8 Finance Street, Suite 7008, 70th Floor, Two International Finance Centre, Central, Hong Kong, HKG
Goldstream Investment Ltd is an investment holding. The company, along with its subsidiaries, is principally engaged in provision of IM service and strategic direct investment (SDI) business. The company's segments are: (i) IM business: this segment includes (a) the provision of advisory services on securities and asset management; and (b) securities trading. (ii) SDI business: this segment includes engaging in: (a) the proprietary investments in the financial markets directly managed by investment department of the Company; (b) the proprietary investments in the funds and/or discretionary accounts managed by Goldstream Capital Management Limited or third parties; and (c) the provision of general advisory services. The majority of revenue is derived from the SDI business segment.
59GF Score

Get the complete analysis for HKSE:01328

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

HK$3.71
Price
HK$3.63
GF Value