Billion Industrial Holdings (HKSE:02299) PB Ratio: 0.79 (As of Aug. 22, 2026) — 31% Below 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:02299 Billion Industrial Holdings Ltd HKSE:02299
67 GF Score
Price HK$5.30
GF Value HK$4.54
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Billion Industrial Holdings PB Ratio?

Billion Industrial Holdings HKSE:02299 67 PB Ratio is 0.79 as of Aug. 22, 2026, which is 31% below its 10-year median of 1.14. GuruFocus rates HKSE:02299 with a GF Score™ of 67/100 and a GF Value™ of HK$4.54 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,002 Manufacturing - Apparel & Accessories companies, Billion Industrial Holdings ranks better than 62.77% 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 (2026-08-22), Billion Industrial Holdings's share price is HK$5.30. Billion Industrial Holdings's Book Value per Share for the quarter that ended in Dec. 2025 was HK$6.69. Hence, Billion Industrial Holdings's PB Ratio of today is 0.79.

Good Sign:

Billion Industrial Holdings Ltd stock PB Ratio (=0.79) is close to 10-year low of 0.72.

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

HKSE:02299' s PB Ratio Range Over the Past 10 Years
Min: 0.72   Med: 1.14   Max: 4.45
Current: 0.79

During the past 13 years, Billion Industrial Holdings's highest PB Ratio was 4.45. The lowest was 0.72. And the median was 1.14.

HKSE:02299's PB Ratio is ranked better than
62.77% of 1002 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.09 vs HKSE:02299: 0.79

During the past 12 months, Billion Industrial Holdings's average Book Value Per Share Growth Rate was 8.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 6.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 9.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Billion Industrial Holdings was 35.40% per year. The lowest was -3.20% per year. And the median was 5.10% per year.

Back to Basics: PB Ratio


Billion Industrial Holdings  (HKSE:02299) 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.


Billion Industrial Holdings PB Ratio Related Terms


Billion Industrial Holdings PB Ratio Historical Data

* Premium members only.

The historical data trend for Billion Industrial 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.

Billion Industrial Holdings PB Ratio Chart

Billion Industrial Holdings 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 1.03 0.80 0.85 0.80 0.83

Billion Industrial Holdings Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 0.82 0.80 0.77 0.83 0.79

Billion Industrial Holdings PB Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Billion Industrial 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.


Billion Industrial Holdings PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Billion Industrial Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where Billion Industrial Holdings's PB Ratio falls into.


HKSE:02299
67GF Score
Billion Industrial Holdings Ltd HKSE:02299
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Billion Industrial 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.

Billion Industrial Holdings's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=5.30/6.686
=0.79

* 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 0.79 mean?
Billion Industrial Holdings (HKSE:02299) has a PB Ratio of 0.79 as of Aug. 22, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Billion Industrial Holdings and its competitors. This is 31% below median its historical median of 1.14. Over the past decade, Billion Industrial Holdings' PB Ratio has ranged from 0.72 to 4.45. According to the industry distribution chart, Billion Industrial Holdings ranks #373 out of 1002 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 37.2%.
Is Billion Industrial Holdings' PB Ratio too high?
Billion Industrial Holdings' current PB Ratio of 0.79 is 31% below median its 10-year median of 1.14. Over the past 10 years, this metric has ranged from a low of 0.72 to a high of 4.45. The Manufacturing - Apparel & Accessories industry median PB Ratio is 1.09. Billion Industrial Holdings' value of 0.79 is 27.5% below this industry median. Based on the distribution chart, Billion Industrial Holdings ranks #373 out of 1002 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Billion Industrial Holdings has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Billion Industrial Holdings' PB Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Billion Industrial Holdings ranks #373 out of 1002 companies for PB Ratio. This puts Billion Industrial Holdings in the upper half of its industry. The industry median PB Ratio is 1.09. Billion Industrial Holdings' value of 0.79 is 27.5% below this benchmark. Historically, Billion Industrial Holdings' own PB Ratio has ranged from 0.72 to 4.45 over the past decade. While the company's 10-year median is 1.14 vs. the industry median of 1.09, Billion Industrial 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 Manufacturing - Apparel & Accessories company?
The median PB Ratio among Manufacturing - Apparel & Accessories companies is 1.09, based on 1,002 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. Billion Industrial Holdings's current PB Ratio of 0.79 is 27.5% 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 Billion Industrial Holdings and its competitors. For the Manufacturing - Apparel & Accessories industry, the median PB Ratio is 1.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Billion Industrial Holdings's current PB Ratio is 0.79, which is 31% below median its own 10-year median of 1.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Billion Industrial Holdings stock overvalued right now?
Based on GuruFocus' analysis, Billion Industrial Holdings (HKSE:02299) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$4.54, compared to a current price of HK$5.30 — trading 16.7% above its estimated fair value. The current PB Ratio is 0.79, which is 31% below median its 10-year median of 1.14 and 27.5% below the Manufacturing - Apparel & Accessories industry median of 1.09. Billion Industrial Holdings' overall GF Score™ is 67/100 with 6 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 Billion Industrial Holdings (HKSE:02299), the current PB Ratio is 0.79 as of Aug. 22, 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 Billion Industrial Holdings (HKSE:02299) Overvalued in 2026?

Based on GuruFocus' analysis, Billion Industrial Holdings stock appears to be overvalued. The current stock price of HK$5.30 is trading 16.7% above its estimated GF Value™ of HK$4.54. GuruFocus considers Billion Industrial Holdings to be Modestly Overvalued.

Key valuation signals for HKSE:02299:

  • PB Ratio: 0.79 (31% below median its 10-year median of 1.14)
  • GF Value™: HK$4.54 vs. price of HK$5.30 (16.7% above fair value)
  • GF Score™: 67/100 with 6 warning signs
  • Industry Position: 27.5% below the Manufacturing - Apparel & Accessories median (#373 of 1002)

No single metric tells the full story. See the HKSE:02299 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Billion Industrial Holdings Business Description

Address Fenglin Industrial Zone, Longhu Town, Fujian, Jinjiang City, CHN
Billion Industrial Holdings Ltd is an investment holding. The company develops, manufactures, and sells polyester filament yarns and polyester thin films, polyester products, polyester industrial yarns products and ES fiber products in the People's Republic of China. Its polyester filament yarns include drawn textured, fully drawn, and partially oriented yarns for use in the production of fabrics and textiles for various consumer products, including apparel, footwear, and home furnishings. Geographically, the company operates in PRC, Vietnam and others segment generating key revenue from PRC region.
67GF Score

Get the complete analysis for HKSE:02299

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

HK$5.30
Price
HK$4.54
GF Value