Analogue Holdings (HKSE:01977) PB Ratio: 0.57 (As of Aug. 10, 2026) — 30% Below Median

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HKSE:01977 Analogue Holdings Ltd HKSE:01977
65 GF Score
Price HK$0.94
GF Value HK$0.95
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Analogue Holdings PB Ratio?

Analogue Holdings HKSE:01977 65 PB Ratio is 0.57 as of Aug. 10, 2026, which is 30% below its 10-year median of 0.81. GuruFocus rates HKSE:01977 with a GF Score™ of 65/100 and a GF Value™ of HK$0.95 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,726 Construction companies, Analogue Holdings ranks better than 81.46% 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 (2026-08-10), Analogue Holdings's share price is HK$0.94. Analogue Holdings's Book Value per Share for the quarter that ended in Dec. 2025 was HK$1.66. Hence, Analogue Holdings's PB Ratio of today is 0.57.

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

HKSE:01977' s PB Ratio Range Over the Past 10 Years
Min: 0.47   Med: 0.81   Max: 1.89
Current: 0.57

During the past 10 years, Analogue Holdings's highest PB Ratio was 1.89. The lowest was 0.47. And the median was 0.81.

HKSE:01977's PB Ratio is ranked better than
81.46% of 1726 companies
in the Construction industry
Industry Median: 1.35 vs HKSE:01977: 0.57

During the past 12 months, Analogue 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 4.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 2.70% per year.

During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of Analogue Holdings was 20.80% per year. The lowest was 1.00% per year. And the median was 4.00% per year.

Back to Basics: PB Ratio


Analogue Holdings  (HKSE:01977) 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.


Analogue Holdings PB Ratio Related Terms


Analogue Holdings PB Ratio Historical Data

* Premium members only.

The historical data trend for Analogue 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.

Analogue Holdings PB Ratio Chart

Analogue 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 1.17 0.81 0.67 0.57 0.55

Analogue Holdings Semi-Annual Data
Dec16 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 0.67 0.64 0.57 0.49 0.55

HKSE:01977 vs PWR, FIX, EME: PB Ratio Comparison

For the Engineering & Construction subindustry, Analogue 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.


Analogue Holdings PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Analogue Holdings's PB Ratio distribution charts can be found below:

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


HKSE:01977
65GF Score
Analogue Holdings Ltd HKSE:01977
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Analogue 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=0.94/1.659
=0.57

* 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 0.57 mean?
Analogue Holdings (HKSE:01977) has a PB Ratio of 0.57 as of Aug. 10, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Analogue Holdings and its competitors. This is 30% below median its historical median of 0.81. Over the past decade, Analogue Holdings' PB Ratio has ranged from 0.47 to 1.89. According to the industry distribution chart, Analogue Holdings ranks #320 out of 1726 companies in the Construction industry, placing it in the top 18.5%.
Is Analogue Holdings' PB Ratio too high?
Analogue Holdings' current PB Ratio of 0.57 is 30% below median its 10-year median of 0.81. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 1.89. The Construction industry median PB Ratio is 1.35. Analogue Holdings' value of 0.57 is 57.8% below this industry median. Based on the distribution chart, Analogue Holdings ranks #320 out of 1726 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Analogue Holdings has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Analogue Holdings' PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Analogue Holdings ranks #320 out of 1726 companies for PB Ratio. This places Analogue Holdings in the top 19% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.35. Analogue Holdings' value of 0.57 is 57.8% below this benchmark. Historically, Analogue Holdings' own PB Ratio has ranged from 0.47 to 1.89 over the past decade. While the company's 10-year median is 0.81 vs. the industry median of 1.35, Analogue 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 Construction company?
The median PB Ratio among Construction companies is 1.35, based on 1,726 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. Analogue Holdings's current PB Ratio of 0.57 is 57.8% 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 Analogue Holdings and its competitors. For the Construction industry, the median PB Ratio is 1.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Analogue Holdings's current PB Ratio is 0.57, which is 30% below median its own 10-year median of 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Analogue Holdings stock overvalued right now?
Based on GuruFocus' analysis, Analogue Holdings (HKSE:01977) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.95, compared to a current price of HK$0.94 — trading 1.1% below its estimated fair value. The current PB Ratio is 0.57, which is 30% below median its 10-year median of 0.81 and 57.8% below the Construction industry median of 1.35. Analogue Holdings' overall GF Score™ is 65/100 with 5 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 Analogue Holdings (HKSE:01977), the current PB Ratio is 0.57 as of Aug. 10, 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 Analogue Holdings (HKSE:01977) Overvalued in 2026?

Based on GuruFocus' analysis, Analogue Holdings stock appears to be undervalued. The current stock price of HK$0.94 is trading 1.1% below its estimated GF Value™ of HK$0.95. GuruFocus considers Analogue Holdings to be Fairly Valued.

Key valuation signals for HKSE:01977:

  • PB Ratio: 0.57 (30% below median its 10-year median of 0.81)
  • GF Value™: HK$0.95 vs. price of HK$0.94 (1.1% below fair value)
  • GF Score™: 65/100 with 5 warning signs
  • Industry Position: 57.8% below the Construction median (#320 of 1726)

No single metric tells the full story. See the HKSE:01977 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Analogue Holdings Business Description

Address 45-51 Kwok Shui Road, ATAL Tower, Kwai Chung, New Territories, Hong Kong, HKG
Analogue Holdings Ltd is engaged in the provision of electrical and mechanical engineering building services, including the design, installation, testing and commissioning, and maintenance of heating, ventilation & air-conditioning systems, fire service systems, plumbing and drainage systems & electrical and extra low voltage system; total solutions for the design, construction, operation and maintenance of environmental engineering systems for treatment of sewage, water, solid waste, sludge & gas; ICBT for design, installation and servicing of a wide range of intelligent systems, information and communications technology, and Lifts and escalators for design, supply and installation of a wide range of lifts and escalators. Geographically, it generates majority of revenue from Hong Kong.
65GF Score

Get the complete analysis for HKSE:01977

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

HK$0.94
Price
HK$0.95
GF Value