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.
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.
What is Modern Innovative Digital Technology Company PB Ratio?
Modern Innovative Digital Technology CompanyHKSE:02322 PB Ratio is 0.62 as of Sep. 14, 2026, which is 83% below its 10-year median of 3.64. The stock has 6 warning signs investors should review. Among 533 Conglomerates companies, Modern Innovative Digital Technology Company ranks better than 69.79% on this metric.
HKSE:02322's PB Ratio is ranked better than 69.79% of 533
companies
in the Conglomerates industry
Industry Median: 1.05
vs HKSE:02322: 0.61
During the past 12 months, Modern Innovative Digital Technology Company's average Book Value Per Share Growth Rate was -36.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -21.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -14.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -5.90% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Modern Innovative Digital Technology Company was 104.10% per year. The lowest was -49.00% per year. And the median was -0.70% 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.
Modern Innovative Digital Technology Company PB Ratio Related Terms
Modern Innovative Digital Technology Company 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.
Modern Innovative Digital Technology Company PB Ratio Chart
Modern Innovative Digital Technology Company Annual Data
* 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.
Modern Innovative Digital Technology Company PB Ratio vs Conglomerates Industry
Modern Innovative Digital Technology Company 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.
* 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.
Modern Innovative Digital Technology Company (HKSE:02322) has a PB Ratio of 0.62 as of Sep. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Modern Innovative Digital Technology Company and its competitors. This is 83% below median its historical median of 3.64. Over the past decade, Modern Innovative Digital Technology Company's PB Ratio has ranged from 0.58 to 5.74. According to the industry distribution chart, Modern Innovative Digital Technology Company ranks #161 out of 533 companies in the Conglomerates industry, placing it in the top 30.2%.
Is Modern Innovative Digital Technology Company's PB Ratio too high?
Modern Innovative Digital Technology Company's current PB Ratio of 0.62 is 83% below median its 10-year median of 3.64. Over the past 10 years, this metric has ranged from a low of 0.58 to a high of 5.74. The Conglomerates industry median PB Ratio is 1.05. Modern Innovative Digital Technology Company's value of 0.62 is 41% below this industry median. Based on the distribution chart, Modern Innovative Digital Technology Company ranks #161 out of 533 companies in the Conglomerates industry, which is above the industry midpoint.
How does Modern Innovative Digital Technology Company's PB Ratio compare to MMM and HON?
According to the Conglomerates industry distribution chart, Modern Innovative Digital Technology Company ranks #161 out of 533 companies for PB Ratio. This puts Modern Innovative Digital Technology Company in the upper half of its industry. The industry median PB Ratio is 1.05. Modern Innovative Digital Technology Company's value of 0.62 is 41% below this benchmark. Historically, Modern Innovative Digital Technology Company's own PB Ratio has ranged from 0.58 to 5.74 over the past decade. While the company's 10-year median is 3.64 vs. the industry median of 1.05, Modern Innovative Digital Technology Company 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 533 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. Modern Innovative Digital Technology Company's current PB Ratio of 0.62 is 41% 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 Modern Innovative Digital Technology Company 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. Modern Innovative Digital Technology Company's current PB Ratio is 0.62, which is 83% below median its own 10-year median of 3.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modern Innovative Digital Technology Company stock overvalued right now?
Based on GuruFocus' analysis, Modern Innovative Digital Technology Company (HKSE:02322) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.18, compared to a current price of HK$0.06 — trading 66.1% below its estimated fair value. The current PB Ratio is 0.62, which is 83% below median its 10-year median of 3.64 and 41% 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 Modern Innovative Digital Technology Company (HKSE:02322), the current PB Ratio is 0.62 as of Sep. 14, 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.
Modern Innovative Digital Technology Company Ltd formerly, Hong Kong ChaoShang Group Ltd is an investment holding company. It is engaged in Trading, Money lending & factoring segment, Finance leasing, and Finance Services. The trading segment is a key revenue driver, involved in the trading of goods in the PRC and Hong Kong. Money lending includes the provision of loan and factoring financing in Hong Kong and the PRC whereas, the finance leasing segment is engaged in the provision of finance leasing and sale-leaseback in the PRC. The financial services segment engaged in the provision of securities dealing broking, placing, underwriting, margin financing, and asset management services in Hong Kong. Geographically, it generates the majority of its revenue from the PRC.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HKSE:02322 has been successfully added to your 
