Town Ray Holdings (HKSE:01692) PB Ratio: 1.28 (As of Aug. 11, 2026) — 43% Below Median

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HKSE:01692 Town Ray Holdings Ltd HKSE:01692
73 GF Score
Price HK$1.21
GF Value HK$2.51
Valuation Significantly Undervalued
! 6 Warning Signs
View Full Analysis

What is Town Ray Holdings PB Ratio?

Town Ray Holdings HKSE:01692 73 PB Ratio is 1.28 as of Aug. 11, 2026, which is 43% below its 10-year median of 2.26. GuruFocus rates HKSE:01692 with a GF Score™ of 73/100 and a GF Value™ of HK$2.51 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 2,417 Hardware companies, Town Ray Holdings ranks better than 71.7% 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 (2026-08-11), Town Ray Holdings's share price is HK$1.21. Town Ray Holdings's Book Value per Share for the quarter that ended in Dec. 2025 was HK$0.95. Hence, Town Ray Holdings's PB Ratio of today is 1.28.

Good Sign:

Town Ray Holdings Ltd stock PB Ratio (=1.28) is close to 5-year low of 1.28.

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

HKSE:01692' s PB Ratio Range Over the Past 10 Years
Min: 0.61   Med: 2.26   Max: 3.54
Current: 1.27

During the past 10 years, Town Ray Holdings's highest PB Ratio was 3.54. The lowest was 0.61. And the median was 2.26.

HKSE:01692's PB Ratio is ranked better than
71.7% of 2417 companies
in the Hardware industry
Industry Median: 2.3 vs HKSE:01692: 1.27

During the past 12 months, Town Ray Holdings's average Book Value Per Share Growth Rate was -4.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -1.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 1.90% per year.

During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of Town Ray Holdings was 39.50% per year. The lowest was -1.00% per year. And the median was 7.00% per year.

Back to Basics: PB Ratio


Town Ray Holdings  (HKSE:01692) 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.


Town Ray Holdings PB Ratio Related Terms


Town Ray Holdings PB Ratio Historical Data

* Premium members only.

The historical data trend for Town Ray 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.

Town Ray Holdings PB Ratio Chart

Town Ray 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 2.17 2.09 3.23 2.76 1.87

Town Ray Holdings Semi-Annual Data
Dec16 Dec17 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 3.23 2.78 2.76 2.50 1.87

HKSE:01692 vs AAPL: PB Ratio Comparison

For the Consumer Electronics subindustry, Town Ray 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.


Town Ray Holdings PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Town Ray Holdings's PB Ratio distribution charts can be found below:

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


HKSE:01692
73GF Score
Town Ray Holdings Ltd HKSE:01692
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Town Ray 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=1.21/0.946
=1.28

* 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 1.28 mean?
Town Ray Holdings (HKSE:01692) has a PB Ratio of 1.28 as of Aug. 11, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Town Ray Holdings and its competitors. This is 43% below median its historical median of 2.26. Over the past decade, Town Ray Holdings' PB Ratio has ranged from 0.61 to 3.54. According to the industry distribution chart, Town Ray Holdings ranks #684 out of 2417 companies in the Hardware industry, placing it in the top 28.3%.
Is Town Ray Holdings' PB Ratio too high?
Town Ray Holdings' current PB Ratio of 1.28 is 43% below median its 10-year median of 2.26. Over the past 10 years, this metric has ranged from a low of 0.61 to a high of 3.54. The Hardware industry median PB Ratio is 2.30. Town Ray Holdings' value of 1.28 is 44.3% below this industry median. Based on the distribution chart, Town Ray Holdings ranks #684 out of 2417 companies in the Hardware industry, which is above the industry midpoint. Overall, Town Ray Holdings has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Town Ray Holdings' PB Ratio compare to AAPL?
According to the Hardware industry distribution chart, Town Ray Holdings ranks #684 out of 2417 companies for PB Ratio. This puts Town Ray Holdings in the upper half of its industry. The industry median PB Ratio is 2.30. Town Ray Holdings' value of 1.28 is 44.3% below this benchmark. Historically, Town Ray Holdings' own PB Ratio has ranged from 0.61 to 3.54 over the past decade. While the company's 10-year median is 2.26 vs. the industry median of 2.30, Town Ray 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 a Hardware company?
The median PB Ratio among Hardware companies is 2.30, based on 2,417 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. Town Ray Holdings's current PB Ratio of 1.28 is 44.3% 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 Town Ray Holdings and its competitors. For the Hardware industry, the median PB Ratio is 2.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Town Ray Holdings's current PB Ratio is 1.28, which is 43% below median its own 10-year median of 2.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Town Ray Holdings stock overvalued right now?
Based on GuruFocus' analysis, Town Ray Holdings (HKSE:01692) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$2.51, compared to a current price of HK$1.21 — trading 51.8% below its estimated fair value. The current PB Ratio is 1.28, which is 43% below median its 10-year median of 2.26 and 44.3% below the Hardware industry median of 2.30. Town Ray Holdings' overall GF Score™ is 73/100 with 6 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 Town Ray Holdings (HKSE:01692), the current PB Ratio is 1.28 as of Aug. 11, 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 Town Ray Holdings (HKSE:01692) Overvalued in 2026?

Based on GuruFocus' analysis, Town Ray Holdings stock appears to be undervalued. The current stock price of HK$1.21 is trading 51.8% below its estimated GF Value™ of HK$2.51. GuruFocus considers Town Ray Holdings to be Significantly Undervalued.

Key valuation signals for HKSE:01692:

  • PB Ratio: 1.28 (43% below median its 10-year median of 2.26)
  • GF Value™: HK$2.51 vs. price of HK$1.21 (51.8% below fair value)
  • GF Score™: 73/100 with 6 warning signs
  • Industry Position: 44.3% below the Hardware median (#684 of 2417)

No single metric tells the full story. See the HKSE:01692 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Town Ray Holdings Business Description

Address No. 403 Castle Peak Road-Kwai Chung, Workshop A, 25th Floor, Reason Group Tower, Kwai Chung, New Territories, Hong Kong, HKG
Town Ray Holdings Ltd is a developer, designer, manufacturer, and supplier of electrothermic household appliances mainly to overseas markets. The electrothermic household products can be grouped into two categories, namely garment care appliances, including steam generator irons, garment steamers, and steam irons; and cooking appliances, including coffee machines, steam cooking appliances and other cooking appliances. The company's products are mainly sold to overseas markets, including Germany, France, the United Kingdom, and the Netherlands.
73GF Score

Get the complete analysis for HKSE:01692

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

HK$1.21
Price
HK$2.51
GF Value