Indigo Star Holdings (HKSE:08373) PB Ratio: 0.27 (As of Aug. 19, 2026) — 77% Below Median

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HKSE:08373 Indigo Star Holdings Ltd HKSE:08373
79 GF Score
Price HK$0.80
GF Value HK$1.12
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Indigo Star Holdings PB Ratio?

Indigo Star Holdings HKSE:08373 79 PB Ratio is 0.27 as of Aug. 19, 2026, which is 77% below its 10-year median of 1.16. GuruFocus rates HKSE:08373 with a GF Score™ of 79/100 and a GF Value™ of HK$1.12 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,725 Construction companies, Indigo Star Holdings ranks better than 95.36% 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 (2026-08-19), Indigo Star Holdings's share price is HK$0.80. Indigo Star Holdings's Book Value per Share for the quarter that ended in Dec. 2025 was HK$2.94. Hence, Indigo Star Holdings's PB Ratio of today is 0.27.

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

HKSE:08373' s PB Ratio Range Over the Past 10 Years
Min: 0.22   Med: 1.16   Max: 16.51
Current: 0.27

During the past 11 years, Indigo Star Holdings's highest PB Ratio was 16.51. The lowest was 0.22. And the median was 1.16.

HKSE:08373's PB Ratio is ranked better than
95.36% of 1725 companies
in the Construction industry
Industry Median: 1.32 vs HKSE:08373: 0.27

During the past 12 months, Indigo Star Holdings's average Book Value Per Share Growth Rate was 16.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 14.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 5.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 4.90% per year.

During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Indigo Star Holdings was 27.60% per year. The lowest was -11.10% per year. And the median was 5.40% per year.

Back to Basics: PB Ratio


Indigo Star Holdings  (HKSE:08373) 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.


Indigo Star Holdings PB Ratio Related Terms


Indigo Star Holdings PB Ratio Historical Data

* Premium members only.

The historical data trend for Indigo Star 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.

Indigo Star Holdings PB Ratio Chart

Indigo Star 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 1.47 1.16 0.35 0.26 0.22

Indigo Star Holdings Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.32 0.26 0.22 0.22

HKSE:08373 vs PWR, FIX, EME: PB Ratio Comparison

For the Engineering & Construction subindustry, Indigo Star 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.


Indigo Star Holdings PB Ratio vs Construction Industry

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

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


HKSE:08373
79GF Score
Indigo Star Holdings Ltd HKSE:08373
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Indigo Star 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=0.80/2.935
=0.27

* 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 0.27 mean?
Indigo Star Holdings (HKSE:08373) has a PB Ratio of 0.27 as of Aug. 19, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Indigo Star Holdings and its competitors. This is 77% below median its historical median of 1.16. Over the past decade, Indigo Star Holdings' PB Ratio has ranged from 0.22 to 16.51. According to the industry distribution chart, Indigo Star Holdings ranks #80 out of 1725 companies in the Construction industry, placing it in the top 4.6%.
Is Indigo Star Holdings' PB Ratio too high?
Indigo Star Holdings' current PB Ratio of 0.27 is 77% below median its 10-year median of 1.16. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 16.51. The Construction industry median PB Ratio is 1.32. Indigo Star Holdings' value of 0.27 is 79.5% below this industry median. Based on the distribution chart, Indigo Star Holdings ranks #80 out of 1725 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Indigo Star Holdings has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Indigo Star Holdings' PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Indigo Star Holdings ranks #80 out of 1725 companies for PB Ratio. This places Indigo Star Holdings in the top 5% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.32. Indigo Star Holdings' value of 0.27 is 79.5% below this benchmark. Historically, Indigo Star Holdings' own PB Ratio has ranged from 0.22 to 16.51 over the past decade. While the company's 10-year median is 1.16 vs. the industry median of 1.32, Indigo Star 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 1.32, based on 1,725 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. Indigo Star Holdings's current PB Ratio of 0.27 is 79.5% 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 Indigo Star Holdings and its competitors. For the Construction industry, the median PB Ratio is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indigo Star Holdings's current PB Ratio is 0.27, which is 77% below median its own 10-year median of 1.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indigo Star Holdings stock overvalued right now?
Based on GuruFocus' analysis, Indigo Star Holdings (HKSE:08373) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$1.12, compared to a current price of HK$0.80 — trading 28.6% below its estimated fair value. The current PB Ratio is 0.27, which is 77% below median its 10-year median of 1.16 and 79.5% below the Construction industry median of 1.32. Indigo Star Holdings' overall GF Score™ is 79/100 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 Indigo Star Holdings (HKSE:08373), the current PB Ratio is 0.27 as of Aug. 19, 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 Indigo Star Holdings (HKSE:08373) Overvalued in 2026?

Based on GuruFocus' analysis, Indigo Star Holdings stock appears to be undervalued. The current stock price of HK$0.80 is trading 28.6% below its estimated GF Value™ of HK$1.12. GuruFocus considers Indigo Star Holdings to be Modestly Undervalued.

Key valuation signals for HKSE:08373:

  • PB Ratio: 0.27 (77% below median its 10-year median of 1.16)
  • GF Value™: HK$1.12 vs. price of HK$0.80 (28.6% below fair value)
  • GF Score™: 79/100 with 5 warning signs
  • Industry Position: 79.5% below the Construction median (#80 of 1725)

No single metric tells the full story. See the HKSE:08373 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Indigo Star Holdings Business Description

Address 5 Upper Aljunied Link, No. 03-08 Quartz Industrial Building, Singapore, SGP, 367903
Indigo Star Holdings Ltd is a subcontractor specializing in reinforced concrete works and related construction services. The group mainly provides steel reinforcement works, formwork erection, and concrete works, either individually or as an integrated service package, depending on customer requirements. It also engages in the sales of tiles and the trading of mobile phones and accessories. The group operates through three reportable segments: Construction Contract, Sale of Tiles, and Sales of Mobile Phones and Accessories. The Construction Contract segment generates the majority of the revenue. Geographically, the group derives the majority of its revenue from Singapore.
79GF Score

Get the complete analysis for HKSE:08373

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

HK$0.80
Price
HK$1.12
GF Value