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Glory Health IndustryHKSE:02329 +3.37% PB Ratio is 0.05 as of Sep. 17, 2026, which is 50% below its 10-year median of 0.10. The stock has 5 warning signs investors should review. Among 1,715 Real Estate companies, Glory Health Industry ranks better than 99.3% on this metric.
The historical rank and industry rank for Glory Health Industry's PB Ratio or its related term are showing as below:
HKSE:02329'
s PB Ratio Range Over the Past 10 Years
Min: 0.01 Med: 0.1 Max: 1.25
Current: 0.05
During the past 13 years, Glory Health Industry's highest PB Ratio was 1.25. The lowest was 0.01. And the median was 0.10.
HKSE:02329's PB Ratio is ranked better than 99.3% of 1715
companies
in the Real Estate industry
Industry Median: 0.81
vs HKSE:02329: 0.05
During the past 12 months, Glory Health Industry's average Book Value Per Share Growth Rate was -15.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -11.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -10.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -0.50% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Glory Health Industry was 20.00% per year. The lowest was -12.00% per year. And the median was 4.75% 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.
* 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.
Glory Health Industry PB Ratio Competitor Comparison
For the Real Estate - Development subindustry, Glory Health Industry'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.
Glory Health Industry PB Ratio vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Glory Health Industry's PB Ratio distribution charts can be found below:
* The bar in red indicates where Glory Health Industry'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.
Glory Health Industry (HKSE:02329) has a PB Ratio of 0.05 as of Sep. 17, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Glory Health Industry and its competitors. This is 50% below median its historical median of 0.10. Over the past decade, Glory Health Industry's PB Ratio has ranged from 0.01 to 1.25. According to the industry distribution chart, Glory Health Industry ranks #12 out of 1715 companies in the Real Estate industry, placing it in the top 0.7%.
Is Glory Health Industry's PB Ratio too high?
Glory Health Industry's current PB Ratio of 0.05 is 50% below median its 10-year median of 0.10. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 1.25. The Real Estate industry median PB Ratio is 0.81. Glory Health Industry's value of 0.05 is 93.8% below this industry median. Based on the distribution chart, Glory Health Industry ranks #12 out of 1715 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers.
How does Glory Health Industry's PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Glory Health Industry ranks #12 out of 1715 companies for PB Ratio. This places Glory Health Industry in the top 1% of its industry — outperforming the majority of peers. The industry median PB Ratio is 0.81. Glory Health Industry's value of 0.05 is 93.8% below this benchmark. Historically, Glory Health Industry's own PB Ratio has ranged from 0.01 to 1.25 over the past decade. While the company's 10-year median is 0.10 vs. the industry median of 0.81, Glory Health Industry 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 Real Estate company?
The median PB Ratio among Real Estate companies is 0.81, based on 1,715 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. Glory Health Industry's current PB Ratio of 0.05 is 93.8% 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 Glory Health Industry and its competitors. For the Real Estate industry, the median PB Ratio is 0.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Glory Health Industry's current PB Ratio is 0.05, which is 50% below median its own 10-year median of 0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Glory Health Industry stock overvalued right now?
Based on GuruFocus' analysis, Glory Health Industry (HKSE:02329) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.04, compared to a current price of HK$0.09 — trading 130% above its estimated fair value. The current PB Ratio is 0.05, which is 50% below median its 10-year median of 0.10 and 93.8% below the Real Estate industry median of 0.81. 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 Glory Health Industry (HKSE:02329), the current PB Ratio is 0.05 as of Sep. 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.
Glory Health Industry Ltd is an investment holding company. The company's operating segments are Property development that develops and sells commercial and residential properties; primary land construction and development services that derive revenue from primary land development, including services for resettlement, construction of land infrastructure, and ancillary public facilities on land owned by the local governments; Property investment that derives rental income from investment properties developed by the group; and Property management that derive income from property management and related services. The majority of the revenue is derived from the Property development segment. All the company's revenue is derived from the PRC.
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