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Vanov Holdings CoHKSE:02260 -0.40%86 PB Ratio is 1.30 as of Sep. 04, 2026, which is 20% below its 10-year median of 1.62. GuruFocus rates HKSE:02260 with a GF Score™ of 86/100 and a GF Value™ of HK$1.61 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 272 Forest Products companies, Vanov Holdings Co ranks worse than 69.12% on this metric.
Vanov Holdings Co Ltd stock PB Ratio (=1.3) is close to 2-year low of 1.22.
The historical rank and industry rank for Vanov Holdings Co's PB Ratio or its related term are showing as below:
HKSE:02260'
s PB Ratio Range Over the Past 10 Years
Min: 1.1 Med: 1.62 Max: 2.72
Current: 1.3
During the past 8 years, Vanov Holdings Co's highest PB Ratio was 2.72. The lowest was 1.10. And the median was 1.62.
HKSE:02260's PB Ratio is ranked worse than 69.12% of 272
companies
in the Forest Products industry
Industry Median: 0.79
vs HKSE:02260: 1.30
During the past 12 months, Vanov Holdings Co's average Book Value Per Share Growth Rate was 8.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 3.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 18.10% per year.
During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Vanov Holdings Co was 44.60% per year. The lowest was 3.60% per year. And the median was 31.80% 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.
Vanov Holdings Co PB Ratio Related Terms
Vanov Holdings Co PB Ratio Historical Data
* Premium members only.
The historical data trend for Vanov Holdings Co'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 Paper & Paper Products subindustry, Vanov Holdings Co'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.
Vanov Holdings Co PB Ratio vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Vanov Holdings Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Vanov Holdings Co'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.
Vanov Holdings Co (HKSE:02260) has a PB Ratio of 1.30 as of Sep. 04, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Vanov Holdings Co and its competitors. This is 20% below median its historical median of 1.62. Over the past decade, Vanov Holdings Co's PB Ratio has ranged from 1.10 to 2.72. According to the industry distribution chart, Vanov Holdings Co ranks #188 out of 272 companies in the Forest Products industry, placing it in the top 69.1%.
Is Vanov Holdings Co's PB Ratio too high?
Vanov Holdings Co's current PB Ratio of 1.30 is 20% below median its 10-year median of 1.62. Over the past 10 years, this metric has ranged from a low of 1.10 to a high of 2.72. The Forest Products industry median PB Ratio is 0.79. Vanov Holdings Co's value of 1.30 is 64.6% above this industry median. Based on the distribution chart, Vanov Holdings Co ranks #188 out of 272 companies in the Forest Products industry, which is below the industry midpoint. Overall, Vanov Holdings Co has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vanov Holdings Co's PB Ratio compare to competitors?
According to the Forest Products industry distribution chart, Vanov Holdings Co ranks #188 out of 272 companies for PB Ratio. This places Vanov Holdings Co in the lower half of its industry. The industry median PB Ratio is 0.79. Vanov Holdings Co's value of 1.30 is 64.6% above this benchmark. Historically, Vanov Holdings Co's own PB Ratio has ranged from 1.10 to 2.72 over the past decade. While the company's 10-year median is 1.62 vs. the industry median of 0.79, Vanov Holdings Co 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 Forest Products company?
The median PB Ratio among Forest Products companies is 0.79, based on 272 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. Vanov Holdings Co's current PB Ratio of 1.30 is 64.6% 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 Vanov Holdings Co and its competitors. For the Forest Products industry, the median PB Ratio is 0.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vanov Holdings Co's current PB Ratio is 1.30, which is 20% below median its own 10-year median of 1.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vanov Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Vanov Holdings Co (HKSE:02260) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$1.61, compared to a current price of HK$1.24 — trading 23.3% below its estimated fair value. The current PB Ratio is 1.30, which is 20% below median its 10-year median of 1.62 and 64.6% above the Forest Products industry median of 0.79. Vanov Holdings Co's overall GF Score™ is 86/100 with 7 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 Vanov Holdings Co (HKSE:02260), the current PB Ratio is 1.30 as of Sep. 04, 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 Vanov Holdings Co (HKSE:02260) Overvalued in 2026?
Based on GuruFocus' analysis, Vanov Holdings Co stock appears to be undervalued.
The current stock price of HK$1.24 is trading 23.3% below its estimated GF Value™ of HK$1.61.
GuruFocus considers Vanov Holdings Co to be Modestly Undervalued.
Key valuation signals for HKSE:02260:
PB Ratio: 1.30 (20% below median its 10-year median of 1.62)
GF Value™: HK$1.61 vs. price of HK$1.24 (23.3% below fair value)
Industry Position: 64.6% above the Forest Products median (#188 of 272)
No single metric tells the full story. See the HKSE:02260 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AddressNo. 519, Section 2, Xinhua Avenue, Chengdu Strait Science and Technology, Industry Development Park, Sichuan Province, Wenjiang District, Chengdu, CHN
Vanov Holdings Co Ltd is an investment holding company and its subsidiaries are principally engaged in the design, manufacture, and sales of papermaking felts. The company has a collection of products which include Packaging papermaking felts, Specialty papermaking felts, Printing papermaking felts, Printing papermaking felts, and Pulp papermaking felts. The company generates the majority of revenue from The PRC region.
86GF Score
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