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ManpowerGroup Greater ChinaHKSE:02180 93 PB Ratio is 0.82 as of Aug. 17, 2026, which is 31% below its 10-year median of 1.18. GuruFocus rates HKSE:02180 with a GF Score™ of 93/100 and a GF Value™ of HK$6.69 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,047 Business Services companies, ManpowerGroup Greater China ranks better than 78.13% on this metric.
ManpowerGroup Greater China Ltd stock PB Ratio (=0.82) is close to 1-year low of 0.76.
The historical rank and industry rank for ManpowerGroup Greater China's PB Ratio or its related term are showing as below:
HKSE:02180'
s PB Ratio Range Over the Past 10 Years
Min: 0.63 Med: 1.18 Max: 3.25
Current: 0.82
During the past 10 years, ManpowerGroup Greater China's highest PB Ratio was 3.25. The lowest was 0.63. And the median was 1.18.
HKSE:02180's PB Ratio is ranked better than 78.13% of 1047
companies
in the Business Services industry
Industry Median: 1.68
vs HKSE:02180: 0.82
During the past 12 months, ManpowerGroup Greater China's average Book Value Per Share Growth Rate was -12.90% 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 -3.60% per year.
During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of ManpowerGroup Greater China was 25.90% per year. The lowest was -4.50% per year. And the median was -0.40% 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.
ManpowerGroup Greater China PB Ratio Related Terms
ManpowerGroup Greater China 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 Staffing & Employment Services subindustry, ManpowerGroup Greater China'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.
ManpowerGroup Greater China PB Ratio vs Business Services Industry
For the Business Services industry and Industrials sector, ManpowerGroup Greater China's PB Ratio distribution charts can be found below:
* The bar in red indicates where ManpowerGroup Greater China'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.
ManpowerGroup Greater China (HKSE:02180) has a PB Ratio of 0.82 as of Aug. 17, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on ManpowerGroup Greater China and its competitors. This is 31% below median its historical median of 1.18. Over the past decade, ManpowerGroup Greater China's PB Ratio has ranged from 0.63 to 3.25. According to the industry distribution chart, ManpowerGroup Greater China ranks #229 out of 1047 companies in the Business Services industry, placing it in the top 21.9%.
Is ManpowerGroup Greater China's PB Ratio too high?
ManpowerGroup Greater China's current PB Ratio of 0.82 is 31% below median its 10-year median of 1.18. Over the past 10 years, this metric has ranged from a low of 0.63 to a high of 3.25. The Business Services industry median PB Ratio is 1.68. ManpowerGroup Greater China's value of 0.82 is 51.2% below this industry median. Based on the distribution chart, ManpowerGroup Greater China ranks #229 out of 1047 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, ManpowerGroup Greater China has a GF Score™ of 93/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ManpowerGroup Greater China's PB Ratio compare to KFY and RHI?
According to the Business Services industry distribution chart, ManpowerGroup Greater China ranks #229 out of 1047 companies for PB Ratio. This places ManpowerGroup Greater China in the top 22% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.68. ManpowerGroup Greater China's value of 0.82 is 51.2% below this benchmark. Historically, ManpowerGroup Greater China's own PB Ratio has ranged from 0.63 to 3.25 over the past decade. While the company's 10-year median is 1.18 vs. the industry median of 1.68, ManpowerGroup Greater China 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 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. ManpowerGroup Greater China's current PB Ratio of 0.82 is 51.2% 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 ManpowerGroup Greater China 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. ManpowerGroup Greater China's current PB Ratio is 0.82, which is 31% below median its own 10-year median of 1.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ManpowerGroup Greater China stock overvalued right now?
Based on GuruFocus' analysis, ManpowerGroup Greater China (HKSE:02180) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$6.69, compared to a current price of HK$4.61 — trading 31.1% below its estimated fair value. The current PB Ratio is 0.82, which is 31% below median its 10-year median of 1.18 and 51.2% below the Business Services industry median of 1.68. ManpowerGroup Greater China's overall GF Score™ is 93/100 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 ManpowerGroup Greater China (HKSE:02180), the current PB Ratio is 0.82 as of Aug. 17, 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 ManpowerGroup Greater China (HKSE:02180) Overvalued in 2026?
Based on GuruFocus' analysis, ManpowerGroup Greater China stock appears to be undervalued.
The current stock price of HK$4.61 is trading 31.1% below its estimated GF Value™ of HK$6.69.
GuruFocus considers ManpowerGroup Greater China to be Significantly Undervalued.
Key valuation signals for HKSE:02180:
PB Ratio: 0.82 (31% below median its 10-year median of 1.18)
GF Value™: HK$6.69 vs. price of HK$4.61 (31.1% below fair value)
Industry Position: 51.2% below the Business Services median (#229 of 1047)
No single metric tells the full story. See the HKSE:02180 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ManpowerGroup Greater China Ltd is engaged in the business of workforce solutions and services around the world in regions outside of Greater China; It provides flexible employment, talent hunting, recruitment process outsourcing, talent management, and training development. The segments of the company include The Workforce Solutions segment includes Flexible staffing services and Recruitment solutions services, and the Other HR Services segment provides HR services to customers who need assistance in outplacement, leadership development, career management, talent assessment, and training and development services. The company derives a majority of its revenue from the People's Republic of China, while it also has its presence in Hong Kong and Macau, and Taiwan.
93GF Score
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