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Meihao Medical Group CoHKSE:01947 -3.42%48 PB Ratio is 2.90 as of Sep. 15, 2026, which is 92% above its 10-year median of 1.51. GuruFocus rates HKSE:01947 with a GF Score™ of 48/100 and a GF Value™ of HK$0.40 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 614 Healthcare Providers & Services companies, Meihao Medical Group Co ranks worse than 67.75% on this metric.
Meihao Medical Group Co Ltd stock PB Ratio (=3) is close to 3-year high of 3.
The historical rank and industry rank for Meihao Medical Group Co's PB Ratio or its related term are showing as below:
HKSE:01947'
s PB Ratio Range Over the Past 10 Years
Min: 1.01 Med: 1.51 Max: 5.83
Current: 2.83
During the past 7 years, Meihao Medical Group Co's highest PB Ratio was 5.83. The lowest was 1.01. And the median was 1.51.
HKSE:01947's PB Ratio is ranked worse than 67.75% of 614
companies
in the Healthcare Providers & Services industry
Industry Median: 1.9
vs HKSE:01947: 2.83
During the past 12 months, Meihao Medical Group Co's average Book Value Per Share Growth Rate was -8.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -16.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 35.10% per year.
During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Meihao Medical Group Co was 107.40% per year. The lowest was -16.10% per year. And the median was 65.10% per year.
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.
* 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.
For the Medical Care Facilities subindustry, Meihao Medical Group Co'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.
Meihao Medical Group Co PB Ratio vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Meihao Medical Group Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Meihao Medical Group Co's PB Ratio falls into.
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.
* 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.
Meihao Medical Group Co (HKSE:01947) has a PB Ratio of 2.90 as of Sep. 15, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Meihao Medical Group Co and its competitors. This is 92% above median its historical median of 1.51. Over the past decade, Meihao Medical Group Co's PB Ratio has ranged from 1.01 to 5.83. According to the industry distribution chart, Meihao Medical Group Co ranks #416 out of 614 companies in the Healthcare Providers & Services industry, placing it in the top 67.8%.
Is Meihao Medical Group Co's PB Ratio too high?
Meihao Medical Group Co's current PB Ratio of 2.90 is 92% above median its 10-year median of 1.51. Over the past 10 years, this metric has ranged from a low of 1.01 to a high of 5.83. The Healthcare Providers & Services industry median PB Ratio is 1.90. Meihao Medical Group Co's value of 2.90 is 52.6% above this industry median. Based on the distribution chart, Meihao Medical Group Co ranks #416 out of 614 companies in the Healthcare Providers & Services industry, which is below the industry midpoint. Overall, Meihao Medical Group Co has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Meihao Medical Group Co's PB Ratio compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Meihao Medical Group Co ranks #416 out of 614 companies for PB Ratio. This places Meihao Medical Group Co in the lower half of its industry. The industry median PB Ratio is 1.90. Meihao Medical Group Co's value of 2.90 is 52.6% above this benchmark. Historically, Meihao Medical Group Co's own PB Ratio has ranged from 1.01 to 5.83 over the past decade. While the company's 10-year median is 1.51 vs. the industry median of 1.90, Meihao Medical Group Co has consistently been above 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 Healthcare Providers & Services company?
The median PB Ratio among Healthcare Providers & Services companies is 1.90, based on 614 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. Meihao Medical Group Co's current PB Ratio of 2.90 is 52.6% above 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 Meihao Medical Group Co and its competitors. For the Healthcare Providers & Services industry, the median PB Ratio is 1.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meihao Medical Group Co's current PB Ratio is 2.90, which is 92% above median its own 10-year median of 1.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meihao Medical Group Co stock overvalued right now?
Based on GuruFocus' analysis, Meihao Medical Group Co (HKSE:01947) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.40, compared to a current price of HK$0.57 — trading 41.3% above its estimated fair value. The current PB Ratio is 2.90, which is 92% above median its 10-year median of 1.51 and 52.6% above the Healthcare Providers & Services industry median of 1.90. Meihao Medical Group Co's overall GF Score™ is 48/100 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 Meihao Medical Group Co (HKSE:01947), the current PB Ratio is 2.90 as of Sep. 15, 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 Meihao Medical Group Co (HKSE:01947) Overvalued in 2026?
Based on GuruFocus' analysis, Meihao Medical Group Co stock appears to be overvalued.
The current stock price of HK$0.57 is trading 41.3% above its estimated GF Value™ of HK$0.40.
GuruFocus considers Meihao Medical Group Co to be Significantly Overvalued.
Key valuation signals for HKSE:01947:
PB Ratio: 2.90 (92% above median its 10-year median of 1.51)
GF Value™: HK$0.40 vs. price of HK$0.57 (41.3% above fair value)
Industry Position: 52.6% above the Healthcare Providers & Services median (#416 of 614)
No single metric tells the full story. See the HKSE:01947 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Meihao Medical Group Co Ltd is a dental service provider in Wenzhou. It offers services to individuals and covers principally four dental sectors: general dentistry, reparative dentistry, implant dentistry, orthodontics, and cosmetic dentistry. The company generates all of its revenue from Mainland China from dental services.
48GF Score
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