Royal Deluxe Holdings (HKSE:03789) PB Ratio: 0.85 (As of Aug. 26, 2026) — 44% Above Median

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HKSE:03789 Royal Deluxe Holdings Ltd HKSE:03789
55 GF Score
Price HK$0.23
GF Value HK$0.07
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Royal Deluxe Holdings PB Ratio?

Royal Deluxe Holdings HKSE:03789 +10.10% 55 PB Ratio is 0.85 as of Aug. 26, 2026, which is 44% above its 10-year median of 0.59. GuruFocus rates HKSE:03789 with a GF Score™ of 55/100 and a GF Value™ of HK$0.07 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,726 Construction companies, Royal Deluxe Holdings ranks better than 68.48% 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 (2026-08-26), Royal Deluxe Holdings's share price is HK$0.229. Royal Deluxe Holdings's Book Value per Share for the quarter that ended in Mar. 2026 was HK$0.27. Hence, Royal Deluxe Holdings's PB Ratio of today is 0.85.

Warning Sign:

Royal Deluxe Holdings Ltd stock PB Ratio (=0.85) is close to 5-year high of 0.9.

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

HKSE:03789' s PB Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.59   Max: 4.75
Current: 0.85

During the past 13 years, Royal Deluxe Holdings's highest PB Ratio was 4.75. The lowest was 0.19. And the median was 0.59.

HKSE:03789's PB Ratio is ranked better than
68.48% of 1726 companies
in the Construction industry
Industry Median: 1.34 vs HKSE:03789: 0.85

During the past 12 months, Royal Deluxe Holdings's average Book Value Per Share Growth Rate was 4.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 1.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 3.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 8.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Royal Deluxe Holdings was 63.60% per year. The lowest was 1.90% per year. And the median was 8.40% per year.

Back to Basics: PB Ratio


Royal Deluxe Holdings  (HKSE:03789) 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.


Royal Deluxe Holdings PB Ratio Related Terms


Royal Deluxe Holdings PB Ratio Historical Data

* Premium members only.

The historical data trend for Royal Deluxe 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.

Royal Deluxe Holdings PB Ratio Chart

Royal Deluxe Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.51 0.45 0.31 0.22 0.37

Royal Deluxe Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 0.31 0.24 0.22 0.22 0.37

HKSE:03789 vs PWR, FIX, EME: PB Ratio Comparison

For the Engineering & Construction subindustry, Royal Deluxe 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.


Royal Deluxe Holdings PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Royal Deluxe Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where Royal Deluxe Holdings's PB Ratio falls into.


HKSE:03789
55GF Score
Royal Deluxe Holdings Ltd HKSE:03789
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Royal Deluxe 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.

Royal Deluxe Holdings's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=0.229/0.271
=0.85

* 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 0.85 mean?
Royal Deluxe Holdings (HKSE:03789) has a PB Ratio of 0.85 as of Aug. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Royal Deluxe Holdings and its competitors. This is 44% above median its historical median of 0.59. Over the past decade, Royal Deluxe Holdings' PB Ratio has ranged from 0.19 to 4.75. According to the industry distribution chart, Royal Deluxe Holdings ranks #544 out of 1726 companies in the Construction industry, placing it in the top 31.5%.
Is Royal Deluxe Holdings' PB Ratio too high?
Royal Deluxe Holdings' current PB Ratio of 0.85 is 44% above median its 10-year median of 0.59. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 4.75. The Construction industry median PB Ratio is 1.34. Royal Deluxe Holdings' value of 0.85 is 36.6% below this industry median. Based on the distribution chart, Royal Deluxe Holdings ranks #544 out of 1726 companies in the Construction industry, which is above the industry midpoint. Overall, Royal Deluxe Holdings has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Royal Deluxe Holdings' PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Royal Deluxe Holdings ranks #544 out of 1726 companies for PB Ratio. This puts Royal Deluxe Holdings in the upper half of its industry. The industry median PB Ratio is 1.34. Royal Deluxe Holdings' value of 0.85 is 36.6% below this benchmark. Historically, Royal Deluxe Holdings' own PB Ratio has ranged from 0.19 to 4.75 over the past decade. While the company's 10-year median is 0.59 vs. the industry median of 1.34, Royal Deluxe 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 1,726 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. Royal Deluxe Holdings's current PB Ratio of 0.85 is 36.6% 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 Royal Deluxe 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. Royal Deluxe Holdings's current PB Ratio is 0.85, which is 44% above median its own 10-year median of 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Royal Deluxe Holdings stock overvalued right now?
Based on GuruFocus' analysis, Royal Deluxe Holdings (HKSE:03789) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.07, compared to a current price of HK$0.23 — trading 227.1% above its estimated fair value. The current PB Ratio is 0.85, which is 44% above median its 10-year median of 0.59 and 36.6% below the Construction industry median of 1.34. Royal Deluxe Holdings' overall GF Score™ is 55/100 with 8 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 Royal Deluxe Holdings (HKSE:03789), the current PB Ratio is 0.85 as of Aug. 26, 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 Royal Deluxe Holdings (HKSE:03789) Overvalued in 2026?

Based on GuruFocus' analysis, Royal Deluxe Holdings stock appears to be overvalued. The current stock price of HK$0.23 is trading 227.1% above its estimated GF Value™ of HK$0.07. GuruFocus considers Royal Deluxe Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:03789:

  • PB Ratio: 0.85 (44% above median its 10-year median of 0.59)
  • GF Value™: HK$0.07 vs. price of HK$0.23 (227.1% above fair value)
  • GF Score™: 55/100 with 8 warning signs
  • Industry Position: 36.6% below the Construction median (#544 of 1726)

No single metric tells the full story. See the HKSE:03789 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Royal Deluxe Holdings Business Description

Address 10 Shing Yip Street, Unit A, 22nd Floor, T G Place, Kwun Tong, Kowloon, Hong Kong, HKG
Royal Deluxe Holdings Ltd is a subcontractor engaged in providing formwork erection as well as related ancillary services. The company also offers fit-out services. The majority of the operations of the group are located in Hong Kong and generate a majority of revenue from the provision of formwork erection and related ancillary services.
55GF Score

Get the complete analysis for HKSE:03789

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

HK$0.23
Price
HK$0.07
GF Value