Macau Legend Development (HKSE:01680) PB Ratio: 0.05 (As of Aug. 14, 2026) — 94% 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:01680 Macau Legend Development Ltd HKSE:01680
15 GF Score
Price HK$0.11
GF Value HK$0.77
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Macau Legend Development PB Ratio?

Macau Legend Development HKSE:01680 15 PB Ratio is 0.05 as of Aug. 14, 2026, which is 94% below its 10-year median of 0.78. GuruFocus rates HKSE:01680 with a GF Score™ of 15/100 and a GF Value™ of HK$0.77 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 794 Travel & Leisure companies, Macau Legend Development ranks better than 99.37% 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 (2026-08-14), Macau Legend Development's share price is HK$0.107. Macau Legend Development's Book Value per Share for the quarter that ended in Dec. 2025 was HK$2.12. Hence, Macau Legend Development's PB Ratio of today is 0.05.

Good Sign:

Macau Legend Development Ltd stock PB Ratio (=0.05) is close to 10-year low of 0.05.

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

HKSE:01680' s PB Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.78   Max: 1.55
Current: 0.05

During the past 13 years, Macau Legend Development's highest PB Ratio was 1.55. The lowest was 0.05. And the median was 0.78.

HKSE:01680's PB Ratio is ranked better than
99.37% of 794 companies
in the Travel & Leisure industry
Industry Median: 1.51 vs HKSE:01680: 0.05

During the past 12 months, Macau Legend Development's average Book Value Per Share Growth Rate was -51.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -26.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -19.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -12.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Macau Legend Development was 6.00% per year. The lowest was -26.60% per year. And the median was -4.90% per year.

Back to Basics: PB Ratio


Macau Legend Development  (HKSE:01680) 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.


Macau Legend Development PB Ratio Related Terms


Macau Legend Development PB Ratio Historical Data

* Premium members only.

The historical data trend for Macau Legend Development'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.

Macau Legend Development PB Ratio Chart

Macau Legend Development 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 0.89 0.67 0.31 0.29 0.15

Macau Legend Development 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 0.31 0.28 0.29 0.33 0.15

HKSE:01680 vs LVS, MGM, WYNN: PB Ratio Comparison

For the Resorts & Casinos subindustry, Macau Legend Development'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.


Macau Legend Development PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Macau Legend Development's PB Ratio distribution charts can be found below:

* The bar in red indicates where Macau Legend Development's PB Ratio falls into.


HKSE:01680
15GF Score
Macau Legend Development Ltd HKSE:01680
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Macau Legend Development 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.

Macau Legend Development's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=0.107/2.118
=0.05

* 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 0.05 mean?
Macau Legend Development (HKSE:01680) has a PB Ratio of 0.05 as of Aug. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Macau Legend Development and its competitors. This is 94% below median its historical median of 0.78. Over the past decade, Macau Legend Development's PB Ratio has ranged from 0.05 to 1.55. According to the industry distribution chart, Macau Legend Development ranks #5 out of 794 companies in the Travel & Leisure industry, placing it in the top 0.59999999999999%.
Is Macau Legend Development's PB Ratio too high?
Macau Legend Development's current PB Ratio of 0.05 is 94% below median its 10-year median of 0.78. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 1.55. The Travel & Leisure industry median PB Ratio is 1.51. Macau Legend Development's value of 0.05 is 96.7% below this industry median. Based on the distribution chart, Macau Legend Development ranks #5 out of 794 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Macau Legend Development has a GF Score™ of 15/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Macau Legend Development's PB Ratio compare to LVS and MGM?
According to the Travel & Leisure industry distribution chart, Macau Legend Development ranks #5 out of 794 companies for PB Ratio. This places Macau Legend Development in the top 1% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.51. Macau Legend Development's value of 0.05 is 96.7% below this benchmark. Historically, Macau Legend Development's own PB Ratio has ranged from 0.05 to 1.55 over the past decade. While the company's 10-year median is 0.78 vs. the industry median of 1.51, Macau Legend Development 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 Travel & Leisure company?
The median PB Ratio among Travel & Leisure companies is 1.51, based on 794 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. Macau Legend Development's current PB Ratio of 0.05 is 96.7% 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 Macau Legend Development and its competitors. For the Travel & Leisure industry, the median PB Ratio is 1.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Macau Legend Development's current PB Ratio is 0.05, which is 94% below median its own 10-year median of 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Macau Legend Development stock overvalued right now?
Based on GuruFocus' analysis, Macau Legend Development (HKSE:01680) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.77, compared to a current price of HK$0.11 — trading 86.1% below its estimated fair value. The current PB Ratio is 0.05, which is 94% below median its 10-year median of 0.78 and 96.7% below the Travel & Leisure industry median of 1.51. Macau Legend Development's overall GF Score™ is 15/100 with 4 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 Macau Legend Development (HKSE:01680), the current PB Ratio is 0.05 as of Aug. 14, 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 Macau Legend Development (HKSE:01680) Overvalued in 2026?

Based on GuruFocus' analysis, Macau Legend Development stock appears to be undervalued. The current stock price of HK$0.11 is trading 86.1% below its estimated GF Value™ of HK$0.77. GuruFocus considers Macau Legend Development to be Possible Value Trap.

Key valuation signals for HKSE:01680:

  • PB Ratio: 0.05 (94% below median its 10-year median of 0.78)
  • GF Value™: HK$0.77 vs. price of HK$0.11 (86.1% below fair value)
  • GF Score™: 15/100 with 4 warning signs
  • Industry Position: 96.7% below the Travel & Leisure median (#5 of 794)

No single metric tells the full story. See the HKSE:01680 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Macau Legend Development Business Description

Address Avenida da Amizade e Avenida da, Palace Building, Macau Fisherman’s Wharf, Dr. Sun Yat Sen, Macau, MAC
Macau Legend Development Ltd is an investment holdings company. Its businesses include the provision of gaming services to SJM 's casino in its property, namely the Legend Palace Casino in MFW under the Service Agreement; and the operation of hotels, entertainment and leisure facilities within its properties. The company's segment includes: Gaming and Non-gaming. It derives maximum revenue from Non-Gaming segment, which includes operations at MFW including hotel and other operations such as licensing income from the shops, provision of building management service, food and beverage and others. The Group's operations are located on Macau and others (including Cambodia and Cape Verde).
15GF Score

Get the complete analysis for HKSE:01680

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

HK$0.11
Price
HK$0.77
GF Value