Man Shing Global Holdings (HKSE:08309) PB Ratio: 0.40 (As of Jul. 31, 2026) — 29% Below Median

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What is Man Shing Global Holdings PB Ratio?

Man Shing Global Holdings HKSE:08309 PB Ratio is 0.40 as of Jul. 31, 2026, which is 29% below its 10-year median of 0.56. The stock has 5 warning signs investors should review. Among 226 Waste Management companies, Man Shing Global Holdings ranks better than 89.82% 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), Man Shing Global Holdings's share price is HK$0.08. Man Shing Global Holdings's Book Value per Share for the quarter that ended in Mar. 2026 was HK$0.20. Hence, Man Shing Global Holdings's PB Ratio of today is 0.40.

Warning Sign:

Man Shing Global Holdings Ltd stock PB Ratio (=0.41) is close to 3-year high of 0.41.

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

HKSE:08309' s PB Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.56   Max: 10.85
Current: 0.4

During the past 12 years, Man Shing Global Holdings's highest PB Ratio was 10.85. The lowest was 0.24. And the median was 0.56.

HKSE:08309's PB Ratio is ranked better than
89.82% of 226 companies
in the Waste Management industry
Industry Median: 1.53 vs HKSE:08309: 0.40

During the past 12 months, Man Shing Global Holdings's average Book Value Per Share Growth Rate was -8.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -0.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 5.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 17.50% per year.

During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of Man Shing Global Holdings was 52.10% per year. The lowest was -0.50% per year. And the median was 19.20% per year.

Back to Basics: PB Ratio


Man Shing Global Holdings  (HKSE:08309) 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.


Man Shing Global Holdings PB Ratio Related Terms


Man Shing Global Holdings PB Ratio Historical Data

* Premium members only.

The historical data trend for Man Shing Global 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.

Man Shing Global Holdings PB Ratio Chart

Man Shing Global 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 0.57 0.40 0.25 0.29 0.34

Man Shing Global 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 0.25 0.23 0.29 0.27 0.34

HKSE:08309 vs WM, RSG, WCN: PB Ratio Comparison

For the Waste Management subindustry, Man Shing Global 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.


Man Shing Global Holdings PB Ratio vs Waste Management Industry

For the Waste Management industry and Industrials sector, Man Shing Global Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where Man Shing Global Holdings's PB Ratio falls into.



Man Shing Global 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.

Man Shing Global Holdings's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=0.08/0.202
=0.40

* 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 0.40 mean?
Man Shing Global Holdings (HKSE:08309) has a PB Ratio of 0.40 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 Man Shing Global Holdings and its competitors. This is 29% below median its historical median of 0.56. Over the past decade, Man Shing Global Holdings' PB Ratio has ranged from 0.24 to 10.85. According to the industry distribution chart, Man Shing Global Holdings ranks #23 out of 226 companies in the Waste Management industry, placing it in the top 10.2%.
Is Man Shing Global Holdings' PB Ratio too high?
Man Shing Global Holdings' current PB Ratio of 0.40 is 29% below median its 10-year median of 0.56. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 10.85. The Waste Management industry median PB Ratio is 1.53. Man Shing Global Holdings' value of 0.40 is 73.9% below this industry median. Based on the distribution chart, Man Shing Global Holdings ranks #23 out of 226 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers.
How does Man Shing Global Holdings' PB Ratio compare to WM and RSG?
According to the Waste Management industry distribution chart, Man Shing Global Holdings ranks #23 out of 226 companies for PB Ratio. This places Man Shing Global Holdings in the top 10% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.53. Man Shing Global Holdings' value of 0.40 is 73.9% below this benchmark. Historically, Man Shing Global Holdings' own PB Ratio has ranged from 0.24 to 10.85 over the past decade. While the company's 10-year median is 0.56 vs. the industry median of 1.53, Man Shing Global 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 Waste Management company?
The median PB Ratio among Waste Management companies is 1.53, based on 226 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. Man Shing Global Holdings's current PB Ratio of 0.40 is 73.9% 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 Man Shing Global Holdings and its competitors. For the Waste Management industry, the median PB Ratio is 1.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Man Shing Global Holdings's current PB Ratio is 0.40, which is 29% below median its own 10-year median of 0.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Man Shing Global Holdings stock overvalued right now?
Based on GuruFocus' analysis, Man Shing Global Holdings (HKSE:08309) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.03, compared to a current price of HK$0.08 — trading 166.7% above its estimated fair value. The current PB Ratio is 0.40, which is 29% below median its 10-year median of 0.56 and 73.9% below the Waste Management industry median of 1.53. 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 Man Shing Global Holdings (HKSE:08309), the current PB Ratio is 0.40 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.

Man Shing Global Holdings Business Description

Address 18 Kin Hong Street, Unit 10, 11th Floor, Trans Asia Centre, Kwai Chung, New Territories, Hong Kong, HKG
Man Shing Global Holdings Ltd is an investment holding company, engaged in providing environmental cleaning solutions in Hong Kong. The company's offerings include cleaning services, street cleaning solutions, building cleaning solutions, bus and ferry cleaning solutions, waste transportation services, pest control services, and sewage treatment services. The company derives revenue from Hong Kong and operates in two segments, namely the environmental cleaning services segment, which derives the majority of revenue and engages in the provision of street cleanings, building cleaning, bus and ferry cleaning, and other cleaning services, and property management segment comprises the provision of property management services.