Grace Wine Holdings (HKSE:08146) PB Ratio: 2.94 (As of Aug. 24, 2026) — 455% Above Median

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HKSE:08146 Grace Wine Holdings Ltd HKSE:08146
35 GF Score
Price HK$0.37
GF Value HK$0.10
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Grace Wine Holdings PB Ratio?

Grace Wine Holdings HKSE:08146 +14.06% 35 PB Ratio is 2.94 as of Aug. 24, 2026, which is 455% above its 10-year median of 0.53. GuruFocus rates HKSE:08146 with a GF Score™ of 35/100 and a GF Value™ of HK$0.10 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 204 Beverages - Alcoholic companies, Grace Wine Holdings ranks worse than 76.47% 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 (2026-08-24), Grace Wine Holdings's share price is HK$0.365. Grace Wine Holdings's Book Value per Share for the quarter that ended in Jun. 2026 was HK$0.12. Hence, Grace Wine Holdings's PB Ratio of today is 2.94.

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

HKSE:08146' s PB Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.53   Max: 7.3
Current: 3.04

During the past 11 years, Grace Wine Holdings's highest PB Ratio was 7.30. The lowest was 0.19. And the median was 0.53.

HKSE:08146's PB Ratio is ranked worse than
76.47% of 204 companies
in the Beverages - Alcoholic industry
Industry Median: 1.67 vs HKSE:08146: 3.04

During the past 12 months, Grace Wine Holdings's average Book Value Per Share Growth Rate was 1.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -30.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -16.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 1.60% per year.

During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Grace Wine Holdings was 30.20% per year. The lowest was -30.10% per year. And the median was 2.10% per year.

Back to Basics: PB Ratio


Grace Wine Holdings  (HKSE:08146) 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.


Grace Wine Holdings PB Ratio Related Terms


Grace Wine Holdings PB Ratio Historical Data

* Premium members only.

The historical data trend for Grace Wine 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.

Grace Wine Holdings PB Ratio Chart

Grace Wine 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 0.48 0.51 0.43 0.62 3.16

Grace Wine 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 0.35 0.62 1.11 3.16 3.55

HKSE:08146 vs BF.B: PB Ratio Comparison

For the Beverages - Wineries & Distilleries subindustry, Grace Wine 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.


Grace Wine Holdings PB Ratio vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Grace Wine Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where Grace Wine Holdings's PB Ratio falls into.


HKSE:08146
35GF Score
Grace Wine Holdings Ltd HKSE:08146
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Grace Wine 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.

Grace Wine Holdings's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2026)
=0.365/0.124
=2.94

* 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 2.94 mean?
Grace Wine Holdings (HKSE:08146) has a PB Ratio of 2.94 as of Aug. 24, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Grace Wine Holdings and its competitors. This is 455% above median its historical median of 0.53. Over the past decade, Grace Wine Holdings' PB Ratio has ranged from 0.19 to 7.30. According to the industry distribution chart, Grace Wine Holdings ranks #156 out of 204 companies in the Beverages - Alcoholic industry, placing it in the top 76.5%.
Is Grace Wine Holdings' PB Ratio too high?
Grace Wine Holdings' current PB Ratio of 2.94 is 455% above median its 10-year median of 0.53. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 7.30. The Beverages - Alcoholic industry median PB Ratio is 1.67. Grace Wine Holdings' value of 2.94 is 76% above this industry median. Based on the distribution chart, Grace Wine Holdings ranks #156 out of 204 companies in the Beverages - Alcoholic industry, which is in the bottom quartile relative to peers. Overall, Grace Wine Holdings has a GF Score™ of 35/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Grace Wine Holdings' PB Ratio compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Grace Wine Holdings ranks #156 out of 204 companies for PB Ratio. This places Grace Wine Holdings in the lower half of its industry. The industry median PB Ratio is 1.67. Grace Wine Holdings' value of 2.94 is 76% above this benchmark. Historically, Grace Wine Holdings' own PB Ratio has ranged from 0.19 to 7.30 over the past decade. While the company's 10-year median is 0.53 vs. the industry median of 1.67, Grace Wine Holdings has consistently been above 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 Beverages - Alcoholic company?
The median PB Ratio among Beverages - Alcoholic companies is 1.67, based on 204 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. Grace Wine Holdings's current PB Ratio of 2.94 is 76% above 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 Grace Wine Holdings and its competitors. For the Beverages - Alcoholic industry, the median PB Ratio is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grace Wine Holdings's current PB Ratio is 2.94, which is 455% above median its own 10-year median of 0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grace Wine Holdings stock overvalued right now?
Based on GuruFocus' analysis, Grace Wine Holdings (HKSE:08146) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.10, compared to a current price of HK$0.37 — trading 265% above its estimated fair value. The current PB Ratio is 2.94, which is 455% above median its 10-year median of 0.53 and 76% above the Beverages - Alcoholic industry median of 1.67. Grace Wine Holdings' overall GF Score™ is 35/100 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 Grace Wine Holdings (HKSE:08146), the current PB Ratio is 2.94 as of Aug. 24, 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 Grace Wine Holdings (HKSE:08146) Overvalued in 2026?

Based on GuruFocus' analysis, Grace Wine Holdings stock appears to be overvalued. The current stock price of HK$0.37 is trading 265% above its estimated GF Value™ of HK$0.10. GuruFocus considers Grace Wine Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:08146:

  • PB Ratio: 2.94 (455% above median its 10-year median of 0.53)
  • GF Value™: HK$0.10 vs. price of HK$0.37 (265% above fair value)
  • GF Score™: 35/100 with 5 warning signs
  • Industry Position: 76% above the Beverages - Alcoholic median (#156 of 204)

No single metric tells the full story. See the HKSE:08146 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Grace Wine Holdings Business Description

Address No. 20 Westlands Road, Unit 2304, 23th Floor, Westlands Centre, Quarry Bay, Hong Kong, HKG
Grace Wine Holdings Ltd engaged in the production and distribution of wine, spirits, and other alcoholic products. The wine product portfolio mainly comprises red wine, and can be broadly categorized into high-end wine, which targets the executive clientele and corporate customers, and entry-level wine that caters to the price-conscious mass market at reasonable retail prices. The company's segment includes the production of wines. Its geographic segments are Mainland China and Other jurisdictions.
35GF Score

Get the complete analysis for HKSE:08146

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

HK$0.37
Price
HK$0.10
GF Value