SingAsia Holdings (HKSE:08293) PB Ratio: 1.76 (As of Jul. 31, 2026) — 56% Below Median

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HKSE:08293 SingAsia Holdings Ltd HKSE:08293
35 GF Score
Price HK$0.10
GF Value HK$0.03
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is SingAsia Holdings PB Ratio?

SingAsia Holdings HKSE:08293 -6.31% 35 PB Ratio is 1.76 as of Jul. 31, 2026, which is 56% below its 10-year median of 4.01. GuruFocus rates HKSE:08293 with a GF Score™ of 35/100 and a GF Value™ of HK$0.03 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,047 Business Services companies, SingAsia Holdings ranks worse than 53.1% 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 (2026-07-31), SingAsia Holdings's share price is HK$0.104. SingAsia Holdings's Book Value per Share for the quarter that ended in Jan. 2026 was HK$0.06. Hence, SingAsia Holdings's PB Ratio of today is 1.76.

Good Sign:

SingAsia Holdings Ltd stock PB Ratio (=1.8) is close to 1-year low of 1.8.

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

HKSE:08293' s PB Ratio Range Over the Past 10 Years
Min: 0.28   Med: 4.01   Max: 196.45
Current: 1.73

During the past 12 years, SingAsia Holdings's highest PB Ratio was 196.45. The lowest was 0.28. And the median was 4.01.

HKSE:08293's PB Ratio is ranked worse than
53.1% of 1047 companies
in the Business Services industry
Industry Median: 1.67 vs HKSE:08293: 1.73

During the past 12 months, SingAsia Holdings's average Book Value Per Share Growth Rate was 20.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -39.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -31.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -20.90% per year.

During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of SingAsia Holdings was 46.20% per year. The lowest was -39.20% per year. And the median was -29.80% per year.

Back to Basics: PB Ratio


SingAsia Holdings  (HKSE:08293) 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.


SingAsia Holdings PB Ratio Related Terms


SingAsia Holdings PB Ratio Historical Data

* Premium members only.

The historical data trend for SingAsia 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.

SingAsia Holdings PB Ratio Chart

SingAsia Holdings Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.37 3.72 1.54 0.91 2.35

SingAsia Holdings Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 0.45 0.91 1.04 2.35 6.69

HKSE:08293 vs KFY, RHI, TNET: PB Ratio Comparison

For the Staffing & Employment Services subindustry, SingAsia 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.


SingAsia Holdings PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, SingAsia Holdings's PB Ratio distribution charts can be found below:

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


HKSE:08293
35GF Score
SingAsia Holdings Ltd HKSE:08293
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SingAsia 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Jan. 2026)
=0.104/0.059
=1.76

* 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 1.76 mean?
SingAsia Holdings (HKSE:08293) has a PB Ratio of 1.76 as of Jul. 31, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on SingAsia Holdings and its competitors. This is 56% below median its historical median of 4.01. Over the past decade, SingAsia Holdings' PB Ratio has ranged from 0.28 to 196.45. According to the industry distribution chart, SingAsia Holdings ranks #556 out of 1047 companies in the Business Services industry, placing it in the top 53.1%.
Is SingAsia Holdings' PB Ratio too high?
SingAsia Holdings' current PB Ratio of 1.76 is 56% below median its 10-year median of 4.01. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 196.45. The Business Services industry median PB Ratio is 1.67. SingAsia Holdings' value of 1.76 is 5.4% above this industry median. Based on the distribution chart, SingAsia Holdings ranks #556 out of 1047 companies in the Business Services industry, which is below the industry midpoint. Overall, SingAsia 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 SingAsia Holdings' PB Ratio compare to KFY and RHI?
According to the Business Services industry distribution chart, SingAsia Holdings ranks #556 out of 1047 companies for PB Ratio. This places SingAsia Holdings in the lower half of its industry. The industry median PB Ratio is 1.67. SingAsia Holdings' value of 1.76 is 5.4% above this benchmark. Historically, SingAsia Holdings' own PB Ratio has ranged from 0.28 to 196.45 over the past decade. While the company's 10-year median is 4.01 vs. the industry median of 1.67, SingAsia 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 Business Services company?
The median PB Ratio among Business Services companies is 1.67, based on 1,047 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. SingAsia Holdings's current PB Ratio of 1.76 is 5.4% 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 SingAsia Holdings and its competitors. For the Business Services 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. SingAsia Holdings's current PB Ratio is 1.76, which is 56% below median its own 10-year median of 4.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SingAsia Holdings stock overvalued right now?
Based on GuruFocus' analysis, SingAsia Holdings (HKSE:08293) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.03, compared to a current price of HK$0.10 — trading 246.7% above its estimated fair value. The current PB Ratio is 1.76, which is 56% below median its 10-year median of 4.01 and 5.4% above the Business Services industry median of 1.67. SingAsia 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 SingAsia Holdings (HKSE:08293), the current PB Ratio is 1.76 as of Jul. 31, 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 SingAsia Holdings (HKSE:08293) Overvalued in 2026?

Based on GuruFocus' analysis, SingAsia Holdings stock appears to be overvalued. The current stock price of HK$0.10 is trading 246.7% above its estimated GF Value™ of HK$0.03. GuruFocus considers SingAsia Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:08293:

  • PB Ratio: 1.76 (56% below median its 10-year median of 4.01)
  • GF Value™: HK$0.03 vs. price of HK$0.10 (246.7% above fair value)
  • GF Score™: 35/100 with 5 warning signs
  • Industry Position: 5.4% above the Business Services median (#556 of 1047)

No single metric tells the full story. See the HKSE:08293 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SingAsia Holdings Business Description

Address 60 Paya Lebar Road, No. 12-29 Paya Lebar Square, Singapore, SGP, 409051
SingAsia Holdings Ltd provides specialised workforce solutions, offering manpower outsourcing and recruitment services in Singapore, and corporate development and training services in Hong Kong. The Group supports the hotel and resort, retail, food and beverage, and other sectors, including event organisers, facility management, and various industries across Singapore and Hong Kong. Revenue is generated from manpower outsourcing, recruitment, and corporate development and training services, with operations in both markets and maximum revenue from Singapore. The Group also acts as a one-stop workforce solutions provider, helping customers streamline operations through reliable staffing, HR support, and training services.
35GF Score

Get the complete analysis for HKSE:08293

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

HK$0.10
Price
HK$0.03
GF Value