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Zall Smart Commerce GroupHKSE:02098 PB Ratio is 0.05 as of Aug. 23, 2026, which is 85% below its 10-year median of 0.33. The stock has 3 warning signs investors should review. Among 539 Conglomerates companies, Zall Smart Commerce Group ranks better than 99.07% on this metric.
Zall Smart Commerce Group Ltd stock PB Ratio (=0.05) is close to 10-year low of 0.05.
The historical rank and industry rank for Zall Smart Commerce Group's PB Ratio or its related term are showing as below:
HKSE:02098'
s PB Ratio Range Over the Past 10 Years
Min: 0.05 Med: 0.33 Max: 6.76
Current: 0.05
During the past 13 years, Zall Smart Commerce Group's highest PB Ratio was 6.76. The lowest was 0.05. And the median was 0.33.
HKSE:02098's PB Ratio is ranked better than 99.07% of 539
companies
in the Conglomerates industry
Industry Median: 1.05
vs HKSE:02098: 0.05
During the past 12 months, Zall Smart Commerce Group's average Book Value Per Share Growth Rate was 4.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 0.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -7.90% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -1.20% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Zall Smart Commerce Group was 57.80% per year. The lowest was -12.20% per year. And the median was 12.60% 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.
Zall Smart Commerce Group PB Ratio Related Terms
Zall Smart Commerce Group PB Ratio Historical Data
* 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 Conglomerates subindustry, Zall Smart Commerce 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.
Zall Smart Commerce Group PB Ratio vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Zall Smart Commerce Group's PB Ratio distribution charts can be found below:
* The bar in red indicates where Zall Smart Commerce 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.
* 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.
Zall Smart Commerce Group (HKSE:02098) has a PB Ratio of 0.05 as of Aug. 23, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Zall Smart Commerce Group and its competitors. This is 85% below median its historical median of 0.33. Over the past decade, Zall Smart Commerce Group's PB Ratio has ranged from 0.05 to 6.76. According to the industry distribution chart, Zall Smart Commerce Group ranks #5 out of 539 companies in the Conglomerates industry, placing it in the top 0.90000000000001%.
Is Zall Smart Commerce Group's PB Ratio too high?
Zall Smart Commerce Group's current PB Ratio of 0.05 is 85% below median its 10-year median of 0.33. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 6.76. The Conglomerates industry median PB Ratio is 1.05. Zall Smart Commerce Group's value of 0.05 is 95.2% below this industry median. Based on the distribution chart, Zall Smart Commerce Group ranks #5 out of 539 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers.
How does Zall Smart Commerce Group's PB Ratio compare to MMM and HON?
According to the Conglomerates industry distribution chart, Zall Smart Commerce Group ranks #5 out of 539 companies for PB Ratio. This places Zall Smart Commerce Group in the top 1% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.05. Zall Smart Commerce Group's value of 0.05 is 95.2% below this benchmark. Historically, Zall Smart Commerce Group's own PB Ratio has ranged from 0.05 to 6.76 over the past decade. While the company's 10-year median is 0.33 vs. the industry median of 1.05, Zall Smart Commerce Group 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 Conglomerates company?
The median PB Ratio among Conglomerates companies is 1.05, based on 539 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. Zall Smart Commerce Group's current PB Ratio of 0.05 is 95.2% 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 Zall Smart Commerce Group and its competitors. For the Conglomerates industry, the median PB Ratio is 1.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zall Smart Commerce Group's current PB Ratio is 0.05, which is 85% below median its own 10-year median of 0.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zall Smart Commerce Group stock overvalued right now?
Based on GuruFocus' analysis, Zall Smart Commerce Group (HKSE:02098) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$0.38, compared to a current price of HK$0.07 — trading 81.8% below its estimated fair value. The current PB Ratio is 0.05, which is 85% below median its 10-year median of 0.33 and 95.2% below the Conglomerates industry median of 1.05. 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 Zall Smart Commerce Group (HKSE:02098), the current PB Ratio is 0.05 as of Aug. 23, 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.
Zall Smart Commerce Group Ltd is an investment holding company. Along with its subsidiaries, it is engaged in developing and operating large-scale consumer product-focused wholesale shopping malls in the PRC, and providing supply chain management and trading business, e-commerce services, financial services, warehousing, and logistics services. The Group's reportable segments are: Property development and related services, and Supply chain management and trading, with maximum revenue coming from the latter, by providing trade-related supply chain financial services; and trading agricultural products, chemical materials, plastic raw materials, consumer goods, black and non-ferrous metals, etc. Geographically, the Group generates maximum revenue from China (PRC), and the rest from Singapore.
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