Tak Lee Machinery Holdings (HKSE:02102) PB Ratio: 0.69 (As of Aug. 08, 2026) — 11% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

HKSE:02102 Tak Lee Machinery Holdings Ltd HKSE:02102
50 GF Score
Price HK$0.30
GF Value HK$0.17
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Tak Lee Machinery Holdings PB Ratio?

Tak Lee Machinery Holdings HKSE:02102 50 PB Ratio is 0.69 as of Aug. 08, 2026, which is 11% above its 10-year median of 0.62. GuruFocus rates HKSE:02102 with a GF Score™ of 50/100 and a GF Value™ of HK$0.17 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 203 Farm & Heavy Construction Machinery companies, Tak Lee Machinery Holdings ranks better than 83.74% 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 (2026-08-08), Tak Lee Machinery Holdings's share price is HK$0.30. Tak Lee Machinery Holdings's Book Value per Share for the quarter that ended in Jan. 2026 was HK$0.44. Hence, Tak Lee Machinery Holdings's PB Ratio of today is 0.69.

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

HKSE:02102' s PB Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.62   Max: 2.52
Current: 0.68

During the past 11 years, Tak Lee Machinery Holdings's highest PB Ratio was 2.52. The lowest was 0.24. And the median was 0.62.

HKSE:02102's PB Ratio is ranked better than
83.74% of 203 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.53 vs HKSE:02102: 0.68

During the past 12 months, Tak Lee Machinery Holdings's average Book Value Per Share Growth Rate was -1.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -0.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 1.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 9.70% per year.

During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Tak Lee Machinery Holdings was 30.90% per year. The lowest was -0.20% per year. And the median was 7.85% per year.

Back to Basics: PB Ratio


Tak Lee Machinery Holdings  (HKSE:02102) 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.


Tak Lee Machinery Holdings PB Ratio Related Terms


Tak Lee Machinery Holdings PB Ratio Historical Data

* Premium members only.

The historical data trend for Tak Lee Machinery 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.

Tak Lee Machinery Holdings PB Ratio Chart

Tak Lee Machinery Holdings Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.66 0.54 0.32 0.31 0.47

Tak Lee Machinery Holdings Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 0.31 0.31 0.31 0.47 0.63

HKSE:02102 vs CAT, DE, PCAR: PB Ratio Comparison

For the Farm & Heavy Construction Machinery subindustry, Tak Lee Machinery 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.


Tak Lee Machinery Holdings PB Ratio vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Tak Lee Machinery Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where Tak Lee Machinery Holdings's PB Ratio falls into.


HKSE:02102
50GF Score
Tak Lee Machinery Holdings Ltd HKSE:02102
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tak Lee Machinery 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.

Tak Lee Machinery Holdings's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jan. 2026)
=0.30/0.435
=0.69

* 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 0.69 mean?
Tak Lee Machinery Holdings (HKSE:02102) has a PB Ratio of 0.69 as of Aug. 08, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Tak Lee Machinery Holdings and its competitors. This is 11% above median its historical median of 0.62. Over the past decade, Tak Lee Machinery Holdings' PB Ratio has ranged from 0.24 to 2.52. According to the industry distribution chart, Tak Lee Machinery Holdings ranks #33 out of 203 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 16.3%.
Is Tak Lee Machinery Holdings' PB Ratio too high?
Tak Lee Machinery Holdings' current PB Ratio of 0.69 is 11% above median its 10-year median of 0.62. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 2.52. The Farm & Heavy Construction Machinery industry median PB Ratio is 1.53. Tak Lee Machinery Holdings' value of 0.69 is 54.9% below this industry median. Based on the distribution chart, Tak Lee Machinery Holdings ranks #33 out of 203 companies in the Farm & Heavy Construction Machinery industry, which is in the top quartile — a strong position relative to peers. Overall, Tak Lee Machinery Holdings has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tak Lee Machinery Holdings' PB Ratio compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Tak Lee Machinery Holdings ranks #33 out of 203 companies for PB Ratio. This places Tak Lee Machinery Holdings in the top 16% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.53. Tak Lee Machinery Holdings' value of 0.69 is 54.9% below this benchmark. Historically, Tak Lee Machinery Holdings' own PB Ratio has ranged from 0.24 to 2.52 over the past decade. While the company's 10-year median is 0.62 vs. the industry median of 1.53, Tak Lee Machinery 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 Farm & Heavy Construction Machinery company?
The median PB Ratio among Farm & Heavy Construction Machinery companies is 1.53, based on 203 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. Tak Lee Machinery Holdings's current PB Ratio of 0.69 is 54.9% 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 Tak Lee Machinery Holdings and its competitors. For the Farm & Heavy Construction Machinery industry, the median PB Ratio is 1.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tak Lee Machinery Holdings's current PB Ratio is 0.69, which is 11% above median its own 10-year median of 0.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tak Lee Machinery Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tak Lee Machinery Holdings (HKSE:02102) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.17, compared to a current price of HK$0.30 — trading 76.5% above its estimated fair value. The current PB Ratio is 0.69, which is 11% above median its 10-year median of 0.62 and 54.9% below the Farm & Heavy Construction Machinery industry median of 1.53. Tak Lee Machinery Holdings' overall GF Score™ is 50/100 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 Tak Lee Machinery Holdings (HKSE:02102), the current PB Ratio is 0.69 as of Aug. 08, 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 Tak Lee Machinery Holdings (HKSE:02102) Overvalued in 2026?

Based on GuruFocus' analysis, Tak Lee Machinery Holdings stock appears to be overvalued. The current stock price of HK$0.30 is trading 76.5% above its estimated GF Value™ of HK$0.17. GuruFocus considers Tak Lee Machinery Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:02102:

  • PB Ratio: 0.69 (11% above median its 10-year median of 0.62)
  • GF Value™: HK$0.17 vs. price of HK$0.30 (76.5% above fair value)
  • GF Score™: 50/100 with 3 warning signs
  • Industry Position: 54.9% below the Farm & Heavy Construction Machinery median (#33 of 203)

No single metric tells the full story. See the HKSE:02102 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tak Lee Machinery Holdings Business Description

Address D.D. 111, Lot No. 117, Sheung Che Village, Pat Heung, Yuen Long, New Territories, Hong Kong, HKG
Tak Lee Machinery Holdings Ltd is an earthmoving equipment sales and leasing service provider. The Group has three operating segments: Sales of heavy equipment and spare parts, which involves trading heavy equipment and spare parts in Hong Kong; Lease of heavy equipment, which covers the leasing of heavy equipment and the provision of machine operators in Hong Kong; and Repair, logistics, and other ancillary services, which include repair and logistics support in Hong Kong. The Group generates the majority of revenue from the Sales of heavy equipment and spare parts segment. Geographically, it derives its revenue from Hong Kong.
50GF Score

Get the complete analysis for HKSE:02102

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

HK$0.30
Price
HK$0.17
GF Value