Thelloy Development Group (HKSE:01546) PB Ratio: 1.22 (As of Aug. 01, 2026) — Near Median

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HKSE:01546 Thelloy Development Group Ltd HKSE:01546
49 GF Score
Price HK$0.13
GF Value HK$0.20
Valuation Possible Value Trap
! 7 Warning Signs
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What is Thelloy Development Group PB Ratio?

Thelloy Development Group HKSE:01546 -0.77% 49 PB Ratio is 1.22 as of Aug. 01, 2026, which is 9% below its 10-year median of 1.34. GuruFocus rates HKSE:01546 with a GF Score™ of 49/100 and a GF Value™ of HK$0.20 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,720 Construction companies, Thelloy Development Group ranks better than 53.6% 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 (2026-08-01), Thelloy Development Group's share price is HK$0.129. Thelloy Development Group's Book Value per Share for the quarter that ended in Sep. 2025 was HK$0.11. Hence, Thelloy Development Group's PB Ratio of today is 1.22.

The historical rank and industry rank for Thelloy Development Group's PB Ratio or its related term are showing as below:

HKSE:01546' s PB Ratio Range Over the Past 10 Years
Min: 0.22   Med: 1.34   Max: 5.85
Current: 1.17

During the past 13 years, Thelloy Development Group's highest PB Ratio was 5.85. The lowest was 0.22. And the median was 1.34.

HKSE:01546's PB Ratio is ranked better than
53.6% of 1720 companies
in the Construction industry
Industry Median: 1.32 vs HKSE:01546: 1.17

During the past 12 months, Thelloy Development Group's average Book Value Per Share Growth Rate was -34.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -7.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 1.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 8.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Thelloy Development Group was 37.70% per year. The lowest was -7.30% per year. And the median was 7.80% per year.

Back to Basics: PB Ratio


Thelloy Development Group  (HKSE:01546) 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.


Thelloy Development Group PB Ratio Related Terms


Thelloy Development Group PB Ratio Historical Data

* Premium members only.

The historical data trend for Thelloy Development Group'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.

Thelloy Development Group PB Ratio Chart

Thelloy Development Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.91 0.73 0.32 0.37 2.55

Thelloy Development Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 0.32 0.55 0.37 0.48 2.55

HKSE:01546 vs PWR, FIX, EME: PB Ratio Comparison

For the Engineering & Construction subindustry, Thelloy Development Group'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.


Thelloy Development Group PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Thelloy Development Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where Thelloy Development Group's PB Ratio falls into.


HKSE:01546
49GF Score
Thelloy Development Group Ltd HKSE:01546
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thelloy Development Group 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.

Thelloy Development Group's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2025)
=0.129/0.106
=1.22

* 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 1.22 mean?
Thelloy Development Group (HKSE:01546) has a PB Ratio of 1.22 as of Aug. 01, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Thelloy Development Group and its competitors. This is near median its historical median of 1.34. Over the past decade, Thelloy Development Group's PB Ratio has ranged from 0.22 to 5.85. According to the industry distribution chart, Thelloy Development Group ranks #798 out of 1720 companies in the Construction industry, placing it in the top 46.4%.
Is Thelloy Development Group's PB Ratio too high?
Thelloy Development Group's current PB Ratio of 1.22 is near median its 10-year median of 1.34. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 5.85. The Construction industry median PB Ratio is 1.32. Thelloy Development Group's value of 1.22 is 7.6% below this industry median. Based on the distribution chart, Thelloy Development Group ranks #798 out of 1720 companies in the Construction industry, which is above the industry midpoint. Overall, Thelloy Development Group has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Thelloy Development Group's PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Thelloy Development Group ranks #798 out of 1720 companies for PB Ratio. This puts Thelloy Development Group in the upper half of its industry. The industry median PB Ratio is 1.32. Thelloy Development Group's value of 1.22 is 7.6% below this benchmark. Historically, Thelloy Development Group's own PB Ratio has ranged from 0.22 to 5.85 over the past decade. While the company's 10-year median is 1.34 vs. the industry median of 1.32, Thelloy Development Group 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 Construction company?
The median PB Ratio among Construction companies is 1.32, based on 1,720 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. Thelloy Development Group's current PB Ratio of 1.22 is 7.6% 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 Thelloy Development Group and its competitors. For the Construction industry, the median PB Ratio is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thelloy Development Group's current PB Ratio is 1.22, which is near median its own 10-year median of 1.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thelloy Development Group stock overvalued right now?
Based on GuruFocus' analysis, Thelloy Development Group (HKSE:01546) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.20, compared to a current price of HK$0.13 — trading 35.5% below its estimated fair value. The current PB Ratio is 1.22, which is near median its 10-year median of 1.34 and 7.6% below the Construction industry median of 1.32. Thelloy Development Group's overall GF Score™ is 49/100 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 Thelloy Development Group (HKSE:01546), the current PB Ratio is 1.22 as of Aug. 01, 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 Thelloy Development Group (HKSE:01546) Overvalued in 2026?

Based on GuruFocus' analysis, Thelloy Development Group stock appears to be undervalued. The current stock price of HK$0.13 is trading 35.5% below its estimated GF Value™ of HK$0.20. GuruFocus considers Thelloy Development Group to be Possible Value Trap.

Key valuation signals for HKSE:01546:

  • PB Ratio: 1.22 (near median its 10-year median of 1.34)
  • GF Value™: HK$0.20 vs. price of HK$0.13 (35.5% below fair value)
  • GF Score™: 49/100 with 7 warning signs
  • Industry Position: 7.6% below the Construction median (#798 of 1720)

No single metric tells the full story. See the HKSE:01546 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thelloy Development Group Business Description

Address 79 Wing Hong Street, 19/F, The Globe, Lai Chi Kok, Kowloon, Hong Kong, HKG
Thelloy Development Group Ltd along with its subsidiaries provides building construction services and repair, maintenance, alteration, and additional work services in Hong Kong. The company earns key revenue from building construction operations. Geographically the company caters its services only to the Hong Kong market. The company's services are majorly used by government, quasi-government organizations, institutions, schools, and private residential properties.
49GF Score

Get the complete analysis for HKSE:01546

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

HK$0.13
Price
HK$0.20
GF Value