Veson Holdings (HKSE:01399) PB Ratio: 0.31 (As of Sep. 03, 2026) — 29% Above 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:01399 Veson Holdings Ltd HKSE:01399
39 GF Score
Price HK$0.35
GF Value HK$0.19
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Veson Holdings PB Ratio?

Veson Holdings HKSE:01399 -7.89% 39 PB Ratio is 0.31 as of Sep. 03, 2026, which is 29% above its 10-year median of 0.24. GuruFocus rates HKSE:01399 with a GF Score™ of 39/100 and a GF Value™ of HK$0.19 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,994 Industrial Products companies, Veson Holdings ranks better than 97.53% 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 (2026-09-03), Veson Holdings's share price is HK$0.35. Veson Holdings's Book Value per Share for the quarter that ended in Dec. 2025 was HK$1.11. Hence, Veson Holdings's PB Ratio of today is 0.31.

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

HKSE:01399' s PB Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.24   Max: 1.13
Current: 0.32

During the past 13 years, Veson Holdings's highest PB Ratio was 1.13. The lowest was 0.16. And the median was 0.24.

HKSE:01399's PB Ratio is ranked better than
97.53% of 2994 companies
in the Industrial Products industry
Industry Median: 2.22 vs HKSE:01399: 0.32

During the past 12 months, Veson Holdings's average Book Value Per Share Growth Rate was 5.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 0.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -0.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 0.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Veson Holdings was 72.80% per year. The lowest was -8.00% per year. And the median was 0.50% per year.

Back to Basics: PB Ratio


Veson Holdings  (HKSE:01399) 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.


Veson Holdings PB Ratio Related Terms


Veson Holdings PB Ratio Historical Data

* Premium members only.

The historical data trend for Veson Holdings'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.

Veson Holdings PB Ratio Chart

Veson Holdings 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 0.26 0.23 0.21 0.18 0.17

Veson Holdings 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 0.21 0.21 0.18 0.19 0.17

HKSE:01399 vs VRT, BE: PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, Veson Holdings'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.


Veson Holdings PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Veson Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where Veson Holdings's PB Ratio falls into.


HKSE:01399
39GF Score
Veson Holdings Ltd HKSE:01399
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Veson Holdings 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.

Veson Holdings's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=0.35/1.113
=0.31

* 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 0.31 mean?
Veson Holdings (HKSE:01399) has a PB Ratio of 0.31 as of Sep. 03, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Veson Holdings and its competitors. This is 29% above median its historical median of 0.24. Over the past decade, Veson Holdings' PB Ratio has ranged from 0.16 to 1.13. According to the industry distribution chart, Veson Holdings ranks #74 out of 2994 companies in the Industrial Products industry, placing it in the top 2.5%.
Is Veson Holdings' PB Ratio too high?
Veson Holdings' current PB Ratio of 0.31 is 29% above median its 10-year median of 0.24. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 1.13. The Industrial Products industry median PB Ratio is 2.22. Veson Holdings' value of 0.31 is 86% below this industry median. Based on the distribution chart, Veson Holdings ranks #74 out of 2994 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Veson Holdings has a GF Score™ of 39/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Veson Holdings' PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Veson Holdings ranks #74 out of 2994 companies for PB Ratio. This places Veson Holdings in the top 3% of its industry — outperforming the majority of peers. The industry median PB Ratio is 2.22. Veson Holdings' value of 0.31 is 86% below this benchmark. Historically, Veson Holdings' own PB Ratio has ranged from 0.16 to 1.13 over the past decade. While the company's 10-year median is 0.24 vs. the industry median of 2.22, Veson Holdings 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 Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.22, based on 2,994 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. Veson Holdings's current PB Ratio of 0.31 is 86% 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 Veson Holdings and its competitors. For the Industrial Products industry, the median PB Ratio is 2.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Veson Holdings's current PB Ratio is 0.31, which is 29% above median its own 10-year median of 0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Veson Holdings stock overvalued right now?
Based on GuruFocus' analysis, Veson Holdings (HKSE:01399) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.19, compared to a current price of HK$0.35 — trading 84.2% above its estimated fair value. The current PB Ratio is 0.31, which is 29% above median its 10-year median of 0.24 and 86% below the Industrial Products industry median of 2.22. Veson Holdings' overall GF Score™ is 39/100 with 3 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 Veson Holdings (HKSE:01399), the current PB Ratio is 0.31 as of Sep. 03, 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 Veson Holdings (HKSE:01399) Overvalued in 2026?

Based on GuruFocus' analysis, Veson Holdings stock appears to be overvalued. The current stock price of HK$0.35 is trading 84.2% above its estimated GF Value™ of HK$0.19. GuruFocus considers Veson Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:01399:

  • PB Ratio: 0.31 (29% above median its 10-year median of 0.24)
  • GF Value™: HK$0.19 vs. price of HK$0.35 (84.2% above fair value)
  • GF Score™: 39/100 with 3 warning signs
  • Industry Position: 86% below the Industrial Products median (#74 of 2994)

No single metric tells the full story. See the HKSE:01399 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Veson Holdings Business Description

Address No. 98 Jiangbin Avenue East, Fuzhou Pilot Free Trade Zone, Scud Industrial Park, Fujian Province, Mawei District, Fuzhou, CHN
Veson Holdings Ltd is an investment holding company, along with its subsidiaries, that is principally engaged in the manufacture and sale of lithium-ion battery modules and related accessories for mobile phones, tablets, and digital electronic appliances, while also engaging in the manufacture and sale of lithium-ion bare battery cells. Its reportable segments are ODM business, Bare battery cell business, and Others. It genertates the majority of its revenue from ODM business that engaged in the manufacture and supply of lithium-ion battery modules, power banks, motive battery, and related accessories for branded mobile phone, notebooks, tablets manufacturers within and outside China, and the provision of processing services.
39GF Score

Get the complete analysis for HKSE:01399

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

HK$0.35
Price
HK$0.19
GF Value