Leadway Technology Investment Group (HKSE:02086) PB Ratio: 2.75 (As of Aug. 18, 2026) — 15% Below Median

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HKSE:02086 Leadway Technology Investment Group Ltd HKSE:02086
43 GF Score
Price HK$0.50
GF Value HK$0.57
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Leadway Technology Investment Group PB Ratio?

Leadway Technology Investment Group HKSE:02086 -3.85% 43 PB Ratio is 2.75 as of Aug. 18, 2026, which is 15% below its 10-year median of 3.22. GuruFocus rates HKSE:02086 with a GF Score™ of 43/100 and a GF Value™ of HK$0.57 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,047 Business Services companies, Leadway Technology Investment Group ranks worse than 72.68% 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 (2026-08-18), Leadway Technology Investment Group's share price is HK$0.50. Leadway Technology Investment Group's Book Value per Share for the quarter that ended in Dec. 2025 was HK$0.18. Hence, Leadway Technology Investment Group's PB Ratio of today is 2.75.

The historical rank and industry rank for Leadway Technology Investment Group's PB Ratio or its related term are showing as below:

HKSE:02086' s PB Ratio Range Over the Past 10 Years
Min: 1.05   Med: 3.22   Max: 9.46
Current: 2.78

During the past 13 years, Leadway Technology Investment Group's highest PB Ratio was 9.46. The lowest was 1.05. And the median was 3.22.

HKSE:02086's PB Ratio is ranked worse than
72.68% of 1047 companies
in the Business Services industry
Industry Median: 1.68 vs HKSE:02086: 2.78

During the past 12 months, Leadway Technology Investment Group's average Book Value Per Share Growth Rate was -5.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -9.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -10.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -10.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Leadway Technology Investment Group was 46.60% per year. The lowest was -16.90% per year. And the median was 7.50% per year.

Back to Basics: PB Ratio


Leadway Technology Investment Group  (HKSE:02086) 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.


Leadway Technology Investment Group PB Ratio Related Terms


Leadway Technology Investment Group PB Ratio Historical Data

* Premium members only.

The historical data trend for Leadway Technology Investment 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.

Leadway Technology Investment Group PB Ratio Chart

Leadway Technology Investment Group 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 3.80 4.92 4.01 2.18 2.55

Leadway Technology Investment Group 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 4.01 3.21 2.18 3.18 2.55

HKSE:02086 vs ALLE, MSA, ADT: PB Ratio Comparison

For the Security & Protection Services subindustry, Leadway Technology Investment 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.


Leadway Technology Investment Group PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Leadway Technology Investment Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where Leadway Technology Investment Group's PB Ratio falls into.


HKSE:02086
43GF Score
Leadway Technology Investment Group Ltd HKSE:02086
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Leadway Technology Investment Group 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.

Leadway Technology Investment Group's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=0.50/0.182
=2.75

* 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 2.75 mean?
Leadway Technology Investment Group (HKSE:02086) has a PB Ratio of 2.75 as of Aug. 18, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Leadway Technology Investment Group and its competitors. This is 15% below median its historical median of 3.22. Over the past decade, Leadway Technology Investment Group's PB Ratio has ranged from 1.05 to 9.46. According to the industry distribution chart, Leadway Technology Investment Group ranks #761 out of 1047 companies in the Business Services industry, placing it in the top 72.7%.
Is Leadway Technology Investment Group's PB Ratio too high?
Leadway Technology Investment Group's current PB Ratio of 2.75 is 15% below median its 10-year median of 3.22. Over the past 10 years, this metric has ranged from a low of 1.05 to a high of 9.46. The Business Services industry median PB Ratio is 1.68. Leadway Technology Investment Group's value of 2.75 is 63.7% above this industry median. Based on the distribution chart, Leadway Technology Investment Group ranks #761 out of 1047 companies in the Business Services industry, which is below the industry midpoint. Overall, Leadway Technology Investment Group has a GF Score™ of 43/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Leadway Technology Investment Group's PB Ratio compare to ALLE and MSA?
According to the Business Services industry distribution chart, Leadway Technology Investment Group ranks #761 out of 1047 companies for PB Ratio. This places Leadway Technology Investment Group in the lower half of its industry. The industry median PB Ratio is 1.68. Leadway Technology Investment Group's value of 2.75 is 63.7% above this benchmark. Historically, Leadway Technology Investment Group's own PB Ratio has ranged from 1.05 to 9.46 over the past decade. While the company's 10-year median is 3.22 vs. the industry median of 1.68, Leadway Technology Investment 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 Business Services company?
The median PB Ratio among Business Services companies is 1.68, based on 1,047 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. Leadway Technology Investment Group's current PB Ratio of 2.75 is 63.7% 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 Leadway Technology Investment Group and its competitors. For the Business Services industry, the median PB Ratio is 1.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Leadway Technology Investment Group's current PB Ratio is 2.75, which is 15% below median its own 10-year median of 3.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leadway Technology Investment Group stock overvalued right now?
Based on GuruFocus' analysis, Leadway Technology Investment Group (HKSE:02086) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.57, compared to a current price of HK$0.50 — trading 12.3% below its estimated fair value. The current PB Ratio is 2.75, which is 15% below median its 10-year median of 3.22 and 63.7% above the Business Services industry median of 1.68. Leadway Technology Investment Group's overall GF Score™ is 43/100 with 1 warning sign 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 Leadway Technology Investment Group (HKSE:02086), the current PB Ratio is 2.75 as of Aug. 18, 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 Leadway Technology Investment Group (HKSE:02086) Overvalued in 2026?

Based on GuruFocus' analysis, Leadway Technology Investment Group stock appears to be undervalued. The current stock price of HK$0.50 is trading 12.3% below its estimated GF Value™ of HK$0.57. GuruFocus considers Leadway Technology Investment Group to be Modestly Undervalued.

Key valuation signals for HKSE:02086:

  • PB Ratio: 2.75 (15% below median its 10-year median of 3.22)
  • GF Value™: HK$0.57 vs. price of HK$0.50 (12.3% below fair value)
  • GF Score™: 43/100 with 1 warning sign
  • Industry Position: 63.7% above the Business Services median (#761 of 1047)

No single metric tells the full story. See the HKSE:02086 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Leadway Technology Investment Group Business Description

Address Manhattan Place, 23 Wang Tai Road, Units 4108-4110, 41st Floor, Kowloon Bay, Hong Kong, HKG
Leadway Technology Investment Group Ltd is an investment holding company. It is smart card reader supplier and is into the research and development of smart card operating systems and readers. It constantly offers a wide range of new products and promotes the application of smart cards in different areas. The principal activities of the Group are the development, sales and distribution of smart card products, software and hardware and the provision of smart card related services. The company has only one operating segment. The company has presence in Europe, Asia Pacific, The Americas, and Middle East and Africa. The company generates majority of revenue from Asia Pacific.
43GF Score

Get the complete analysis for HKSE:02086

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

HK$0.50
Price
HK$0.57
GF Value