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Smart City Development Holdings Ltd stock PB Ratio (=0.66) is close to 2-year low of 0.64.
The historical rank and industry rank for Smart City Development Holdings's PB Ratio or its related term are showing as below:
HKSE:08268'
s PB Ratio Range Over the Past 10 Years
Min: 0.42 Med: 1.04 Max: 11.66
Current: 0.61
During the past 13 years, Smart City Development Holdings's highest PB Ratio was 11.66. The lowest was 0.42. And the median was 1.04.
HKSE:08268's PB Ratio is ranked better than 77.64% of 1726
companies
in the Construction industry
Industry Median: 1.35
vs HKSE:08268: 0.61
During the past 12 months, Smart City Development Holdings's average Book Value Per Share Growth Rate was -20.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -21.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -13.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 2.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Smart City Development Holdings was 81.30% per year. The lowest was -27.00% per year. And the median was 0.40% 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.
Smart City Development Holdings PB Ratio Related Terms
Smart City Development Holdings 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.
For the Engineering & Construction subindustry, Smart City Development 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.
Smart City Development Holdings PB Ratio vs Construction Industry
For the Construction industry and Industrials sector, Smart City Development Holdings's PB Ratio distribution charts can be found below:
* The bar in red indicates where Smart City Development Holdings's PB Ratio falls into.
Smart City Development 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.
* 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.
Smart City Development Holdings (HKSE:08268) has a PB Ratio of 0.61 as of Aug. 27, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Smart City Development Holdings and its competitors. This is 41% below median its historical median of 1.04. Over the past decade, Smart City Development Holdings' PB Ratio has ranged from 0.42 to 11.66. According to the industry distribution chart, Smart City Development Holdings ranks #386 out of 1726 companies in the Construction industry, placing it in the top 22.4%.
Is Smart City Development Holdings' PB Ratio too high?
Smart City Development Holdings' current PB Ratio of 0.61 is 41% below median its 10-year median of 1.04. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 11.66. The Construction industry median PB Ratio is 1.35. Smart City Development Holdings' value of 0.61 is 54.8% below this industry median. Based on the distribution chart, Smart City Development Holdings ranks #386 out of 1726 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Smart City Development Holdings has a GF Score™ of 39/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Smart City Development Holdings' PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Smart City Development Holdings ranks #386 out of 1726 companies for PB Ratio. This places Smart City Development Holdings in the top 22% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.35. Smart City Development Holdings' value of 0.61 is 54.8% below this benchmark. Historically, Smart City Development Holdings' own PB Ratio has ranged from 0.42 to 11.66 over the past decade. While the company's 10-year median is 1.04 vs. the industry median of 1.35, Smart City Development 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 1.35, 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. Smart City Development Holdings's current PB Ratio of 0.61 is 54.8% 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 Smart City Development Holdings and its competitors. For the Construction industry, the median PB Ratio is 1.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smart City Development Holdings's current PB Ratio is 0.61, which is 41% below median its own 10-year median of 1.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smart City Development Holdings stock overvalued right now?
Based on GuruFocus' analysis, Smart City Development Holdings (HKSE:08268) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.37, compared to a current price of HK$0.19 — trading 48.6% below its estimated fair value. The current PB Ratio is 0.61, which is 41% below median its 10-year median of 1.04 and 54.8% below the Construction industry median of 1.35. Smart City Development Holdings' overall GF Score™ is 39/100 with 6 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 Smart City Development Holdings (HKSE:08268), the current PB Ratio is 0.61 as of Aug. 27, 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 Smart City Development Holdings (HKSE:08268) Overvalued in 2026?
Based on GuruFocus' analysis, Smart City Development Holdings stock appears to be undervalued.
The current stock price of HK$0.19 is trading 48.6% below its estimated GF Value™ of HK$0.37.
GuruFocus considers Smart City Development Holdings to be Possible Value Trap.
Key valuation signals for HKSE:08268:
PB Ratio: 0.61 (41% below median its 10-year median of 1.04)
GF Value™: HK$0.37 vs. price of HK$0.19 (48.6% below fair value)
Industry Position: 54.8% below the Construction median (#386 of 1726)
No single metric tells the full story. See the HKSE:08268 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Smart City Development Holdings Ltd is involved in securities investment, money lending, property investment and construction business sectors. The company has four segments: the construction segment, which is the key revenue-generating business, involves various processes including, building construction works, electrical and mechanical engineering works and fitting-out works; the securities investment segment is engaged in investment in securities; the property investment business segment is engaged in the holding of investment properties; and the money lending business segment. It has a business presence in Hong Kong and Mainland China.
39GF Score
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