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ISP HoldingsHKSE:02340 +1.45%37 PB Ratio is 1.04 as of Sep. 11, 2026, which is 4% below its 10-year median of 1.08. GuruFocus rates HKSE:02340 with a GF Score™ of 37/100 and a GF Value™ of HK$0.17 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,733 Construction companies, ISP Holdings ranks better than 61.51% 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 (2026-09-11), ISP Holdings's share price is HK$0.14. ISP Holdings's Book Value per Share for the quarter that ended in Dec. 2025 was HK$0.14. Hence, ISP Holdings's PB Ratio of today is 1.04.
Warning Sign:
ISP Holdings Ltd stock PB Ratio (=1.06) is close to 3-year high of 1.06.
The historical rank and industry rank for ISP Holdings's PB Ratio or its related term are showing as below:
HKSE:02340'
s PB Ratio Range Over the Past 10 Years
Min: 0.4 Med: 1.08 Max: 3.17
Current: 1
During the past 13 years, ISP Holdings's highest PB Ratio was 3.17. The lowest was 0.40. And the median was 1.08.
HKSE:02340's PB Ratio is ranked better than 61.51% of 1733
companies
in the Construction industry
Industry Median: 1.34
vs HKSE:02340: 1.00
During the past 12 months, ISP Holdings's average Book Value Per Share Growth Rate was -37.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -22.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -3.30% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -7.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of ISP Holdings was 37.00% per year. The lowest was -36.00% per year. And the median was 2.85% 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.
ISP Holdings PB Ratio Related Terms
ISP Holdings PB Ratio Historical Data
* Premium members only.
The historical data trend for ISP 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.
For the Engineering & Construction subindustry, ISP 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.
ISP Holdings PB Ratio vs Construction Industry
For the Construction industry and Industrials sector, ISP Holdings's PB Ratio distribution charts can be found below:
* The bar in red indicates where ISP Holdings'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.
ISP Holdings's PB Ratio for today is calculated as follows:
* 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.
ISP Holdings (HKSE:02340) has a PB Ratio of 1.04 as of Sep. 11, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on ISP Holdings and its competitors. This is near median its historical median of 1.08. Over the past decade, ISP Holdings' PB Ratio has ranged from 0.40 to 3.17. According to the industry distribution chart, ISP Holdings ranks #667 out of 1733 companies in the Construction industry, placing it in the top 38.5%.
Is ISP Holdings' PB Ratio too high?
ISP Holdings' current PB Ratio of 1.04 is near median its 10-year median of 1.08. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 3.17. The Construction industry median PB Ratio is 1.34. ISP Holdings' value of 1.04 is 22.4% below this industry median. Based on the distribution chart, ISP Holdings ranks #667 out of 1733 companies in the Construction industry, which is above the industry midpoint. Overall, ISP Holdings has a GF Score™ of 37/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ISP Holdings' PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, ISP Holdings ranks #667 out of 1733 companies for PB Ratio. This puts ISP Holdings in the upper half of its industry. The industry median PB Ratio is 1.34. ISP Holdings' value of 1.04 is 22.4% below this benchmark. Historically, ISP Holdings' own PB Ratio has ranged from 0.40 to 3.17 over the past decade. While the company's 10-year median is 1.08 vs. the industry median of 1.34, ISP 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 Construction company?
The median PB Ratio among Construction companies is 1.34, based on 1,733 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. ISP Holdings's current PB Ratio of 1.04 is 22.4% 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 ISP Holdings and its competitors. For the Construction industry, the median PB Ratio is 1.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ISP Holdings's current PB Ratio is 1.04, which is near median its own 10-year median of 1.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ISP Holdings stock overvalued right now?
Based on GuruFocus' analysis, ISP Holdings (HKSE:02340) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.17, compared to a current price of HK$0.14 — trading 17.6% below its estimated fair value. The current PB Ratio is 1.04, which is near median its 10-year median of 1.08 and 22.4% below the Construction industry median of 1.34. ISP Holdings' overall GF Score™ is 37/100 with 5 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 ISP Holdings (HKSE:02340), the current PB Ratio is 1.04 as of Sep. 11, 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 ISP Holdings (HKSE:02340) Overvalued in 2026?
Based on GuruFocus' analysis, ISP Holdings stock appears to be undervalued.
The current stock price of HK$0.14 is trading 17.6% below its estimated GF Value™ of HK$0.17.
GuruFocus considers ISP Holdings to be Modestly Undervalued.
Key valuation signals for HKSE:02340:
PB Ratio: 1.04 (near median its 10-year median of 1.08)
GF Value™: HK$0.17 vs. price of HK$0.14 (17.6% below fair value)
Industry Position: 22.4% below the Construction median (#667 of 1733)
No single metric tells the full story. See the HKSE:02340 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ISP Holdings Ltd is an investment holding company. Along with its subsidiaries, it provides interiors and special projects business in Hong Kong and property and facility management business in China. Its customers include private residential owners and corporations, government organizations, educational institutions, landlords, developers, and investors. The company generates a majority of its revenue from its interiors and special projects business which functions as a building contractor and offers services like planning, consultancy, project management through construction, interior design, fitting-out, A&A, and renovation work. Geographically, Hong Kong and Macau are the company's key revenue generating markets, followed by the People's Republic of China.
37GF Score
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