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.
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.
Gilston GroupHKSE:02011 70 PB Ratio is 3.60 as of Jul. 22, 2026, which is 1% below its 10-year median of 3.63. GuruFocus rates HKSE:02011 with a GF Score™ of 70/100 and a GF Value™ of HK$1.94 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,001 Manufacturing - Apparel & Accessories companies, Gilston Group ranks worse than 86.11% 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 (2026-07-22), Gilston Group's share price is HK$1.35. Gilston Group's Book Value per Share for the quarter that ended in Dec. 2025 was HK$0.38. Hence, Gilston Group's PB Ratio of today is 3.60.
The historical rank and industry rank for Gilston Group's PB Ratio or its related term are showing as below:
HKSE:02011'
s PB Ratio Range Over the Past 10 Years
Min: 0.87 Med: 3.63 Max: 9.23
Current: 3.55
During the past 13 years, Gilston Group's highest PB Ratio was 9.23. The lowest was 0.87. And the median was 3.63.
During the past 12 months, Gilston Group's average Book Value Per Share Growth Rate was 19.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 4.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 1.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -9.50% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Gilston Group was 31.20% per year. The lowest was -21.50% per year. And the median was -3.00% 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.
Gilston Group PB Ratio Related Terms
Gilston Group PB Ratio Historical Data
* Premium members only.
The historical data trend for Gilston 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.
For the Apparel Manufacturing subindustry, Gilston 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.
Gilston Group PB Ratio vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Gilston Group's PB Ratio distribution charts can be found below:
* The bar in red indicates where Gilston Group'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.
Gilston Group's PB Ratio for today is calculated as follows:
* 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.
Gilston Group (HKSE:02011) has a PB Ratio of 3.60 as of Jul. 22, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Gilston Group and its competitors. This is near median its historical median of 3.63. Over the past decade, Gilston Group's PB Ratio has ranged from 0.87 to 9.23. According to the industry distribution chart, Gilston Group ranks #862 out of 1001 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 86.1%.
Is Gilston Group's PB Ratio too high?
Gilston Group's current PB Ratio of 3.60 is near median its 10-year median of 3.63. Over the past 10 years, this metric has ranged from a low of 0.87 to a high of 9.23. The Manufacturing - Apparel & Accessories industry median PB Ratio is 1.07. Gilston Group's value of 3.60 is 236.4% above this industry median. Based on the distribution chart, Gilston Group ranks #862 out of 1001 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Gilston Group has a GF Score™ of 70/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gilston Group's PB Ratio compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Gilston Group ranks #862 out of 1001 companies for PB Ratio. This places Gilston Group in the lower half of its industry. The industry median PB Ratio is 1.07. Gilston Group's value of 3.60 is 236.4% above this benchmark. Historically, Gilston Group's own PB Ratio has ranged from 0.87 to 9.23 over the past decade. While the company's 10-year median is 3.63 vs. the industry median of 1.07, Gilston Group 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 Manufacturing - Apparel & Accessories company?
The median PB Ratio among Manufacturing - Apparel & Accessories companies is 1.07, based on 1,001 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. Gilston Group's current PB Ratio of 3.60 is 236.4% 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 Gilston Group and its competitors. For the Manufacturing - Apparel & Accessories industry, the median PB Ratio is 1.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gilston Group's current PB Ratio is 3.60, which is near median its own 10-year median of 3.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gilston Group stock overvalued right now?
Based on GuruFocus' analysis, Gilston Group (HKSE:02011) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$1.94, compared to a current price of HK$1.35 — trading 30.4% below its estimated fair value. The current PB Ratio is 3.60, which is near median its 10-year median of 3.63 and 236.4% above the Manufacturing - Apparel & Accessories industry median of 1.07. Gilston Group's overall GF Score™ is 70/100 with 3 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 Gilston Group (HKSE:02011), the current PB Ratio is 3.60 as of Jul. 22, 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 Gilston Group (HKSE:02011) Overvalued in 2026?
Based on GuruFocus' analysis, Gilston Group stock appears to be undervalued.
The current stock price of HK$1.35 is trading 30.4% below its estimated GF Value™ of HK$1.94.
GuruFocus considers Gilston Group to be Significantly Undervalued.
Key valuation signals for HKSE:02011:
PB Ratio: 3.60 (near median its 10-year median of 3.63)
GF Value™: HK$1.94 vs. price of HK$1.35 (30.4% below fair value)
Industry Position: 236.4% above the Manufacturing - Apparel & Accessories median (#862 of 1001)
No single metric tells the full story. See the HKSE:02011 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gilston Group Ltd specializes in zipper design, development, production and sale. It is providing high-quality zipper products and zipper-based overall solutions for customers. The company operates in two reportable segments: Manufacture and Sales of Zippers, and Property Investment and Provision of Property Management Services. The company generates the majority of its revenue from the Manufacture and Sales of the Zippers segment. Geographically, Mainland China contributes the majority of company's revenue.
70GF Score
Get the complete analysis for HKSE:02011
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HKSE:02011 has been successfully added to your 
