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Chi Ho Development HoldingsHKSE:08423 PB Ratio is 0.48 as of Aug. 19, 2026, which is 64% below its 10-year median of 1.32. The stock has 7 warning signs investors should review. Among 1,725 Construction companies, Chi Ho Development Holdings ranks better than 85.16% on this metric.
The historical rank and industry rank for Chi Ho Development Holdings's PB Ratio or its related term are showing as below:
HKSE:08423'
s PB Ratio Range Over the Past 10 Years
Min: 0.18 Med: 1.32 Max: 27.8
Current: 0.49
During the past 12 years, Chi Ho Development Holdings's highest PB Ratio was 27.80. The lowest was 0.18. And the median was 1.32.
HKSE:08423's PB Ratio is ranked better than 85.16% of 1725
companies
in the Construction industry
Industry Median: 1.32
vs HKSE:08423: 0.49
During the past 12 months, Chi Ho Development Holdings's average Book Value Per Share Growth Rate was -43.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -17.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -5.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 11.50% per year.
During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of Chi Ho Development Holdings was 93.70% per year. The lowest was -17.90% per year. And the median was 13.40% 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.
Chi Ho Development Holdings PB Ratio Related Terms
Chi Ho 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, Chi Ho 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.
Chi Ho Development Holdings PB Ratio vs Construction Industry
For the Construction industry and Industrials sector, Chi Ho Development Holdings's PB Ratio distribution charts can be found below:
* The bar in red indicates where Chi Ho Development Holdings's PB Ratio falls into.
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.
Chi Ho Development Holdings (HKSE:08423) has a PB Ratio of 0.48 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 Chi Ho Development Holdings and its competitors. This is 64% below median its historical median of 1.32. Over the past decade, Chi Ho Development Holdings' PB Ratio has ranged from 0.18 to 27.80. According to the industry distribution chart, Chi Ho Development Holdings ranks #256 out of 1725 companies in the Construction industry, placing it in the top 14.8%.
Is Chi Ho Development Holdings' PB Ratio too high?
Chi Ho Development Holdings' current PB Ratio of 0.48 is 64% below median its 10-year median of 1.32. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 27.80. The Construction industry median PB Ratio is 1.32. Chi Ho Development Holdings' value of 0.48 is 63.6% below this industry median. Based on the distribution chart, Chi Ho Development Holdings ranks #256 out of 1725 companies in the Construction industry, which is in the top quartile — a strong position relative to peers.
How does Chi Ho Development Holdings' PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Chi Ho Development Holdings ranks #256 out of 1725 companies for PB Ratio. This places Chi Ho Development Holdings in the top 15% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.32. Chi Ho Development Holdings' value of 0.48 is 63.6% below this benchmark. Historically, Chi Ho Development Holdings' own PB Ratio has ranged from 0.18 to 27.80 over the past decade. While the company's 10-year median is 1.32 vs. the industry median of 1.32, Chi Ho 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 1.32, 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. Chi Ho Development Holdings's current PB Ratio of 0.48 is 63.6% 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 Chi Ho Development 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. Chi Ho Development Holdings's current PB Ratio is 0.48, which is 64% below median its own 10-year median of 1.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chi Ho Development Holdings stock overvalued right now?
Based on GuruFocus' analysis, Chi Ho Development Holdings (HKSE:08423) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.04, compared to a current price of HK$0.05 — trading 22.5% above its estimated fair value. The current PB Ratio is 0.48, which is 64% below median its 10-year median of 1.32 and 63.6% below the Construction industry median of 1.32. 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 Chi Ho Development Holdings (HKSE:08423), the current PB Ratio is 0.48 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.
Chi Ho Development Holdings Ltd is an investment holding company. Its operating segments include the Building renovation and construction segment and the Property segment. The building renovation and construction segment includes renovation and maintenance works, alteration and addition works and fitting-out works, and site formation and geotechnical works in Hong Kong. The property segment includes property investment in Hong Kong. The group's revenue is generated from Hong Kong.
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