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Reach New HoldingsHKSE:08471 56 PB Ratio is 0.38 as of Sep. 01, 2026, which is 89% below its 10-year median of 3.32. GuruFocus rates HKSE:08471 with a GF Score™ of 56/100 and a GF Value™ of HK$3.07 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,009 Manufacturing - Apparel & Accessories companies, Reach New Holdings ranks better than 88.01% on this metric.
Reach New Holdings Ltd stock PB Ratio (=0.38) is close to 10-year low of 0.38.
The historical rank and industry rank for Reach New Holdings's PB Ratio or its related term are showing as below:
HKSE:08471'
s PB Ratio Range Over the Past 10 Years
Min: 0.38 Med: 3.32 Max: 14.82
Current: 0.38
During the past 11 years, Reach New Holdings's highest PB Ratio was 14.82. The lowest was 0.38. And the median was 3.32.
HKSE:08471's PB Ratio is ranked better than 88.01% of 1009
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.09
vs HKSE:08471: 0.38
During the past 12 months, Reach New Holdings's average Book Value Per Share Growth Rate was -1.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -18.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -18.30% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -7.30% per year.
During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Reach New Holdings was 24.90% per year. The lowest was -23.60% per year. And the median was -10.30% 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.
Reach New Holdings PB Ratio Related Terms
Reach New Holdings PB Ratio Historical Data
* Premium members only.
The historical data trend for Reach New 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.
For the Textile Manufacturing subindustry, Reach New 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.
Reach New Holdings PB Ratio vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Reach New Holdings's PB Ratio distribution charts can be found below:
* The bar in red indicates where Reach New 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.
Reach New Holdings (HKSE:08471) has a PB Ratio of 0.38 as of Sep. 01, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Reach New Holdings and its competitors. This is 89% below median its historical median of 3.32. Over the past decade, Reach New Holdings' PB Ratio has ranged from 0.38 to 14.82. According to the industry distribution chart, Reach New Holdings ranks #121 out of 1009 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 12%.
Is Reach New Holdings' PB Ratio too high?
Reach New Holdings' current PB Ratio of 0.38 is 89% below median its 10-year median of 3.32. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 14.82. The Manufacturing - Apparel & Accessories industry median PB Ratio is 1.09. Reach New Holdings' value of 0.38 is 65.1% below this industry median. Based on the distribution chart, Reach New Holdings ranks #121 out of 1009 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Reach New Holdings has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Reach New Holdings' PB Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Reach New Holdings ranks #121 out of 1009 companies for PB Ratio. This places Reach New Holdings in the top 12% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.09. Reach New Holdings' value of 0.38 is 65.1% below this benchmark. Historically, Reach New Holdings' own PB Ratio has ranged from 0.38 to 14.82 over the past decade. While the company's 10-year median is 3.32 vs. the industry median of 1.09, Reach New 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 Manufacturing - Apparel & Accessories company?
The median PB Ratio among Manufacturing - Apparel & Accessories companies is 1.09, based on 1,009 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. Reach New Holdings's current PB Ratio of 0.38 is 65.1% 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 Reach New Holdings and its competitors. For the Manufacturing - Apparel & Accessories industry, the median PB Ratio is 1.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Reach New Holdings's current PB Ratio is 0.38, which is 89% below median its own 10-year median of 3.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reach New Holdings stock overvalued right now?
Based on GuruFocus' analysis, Reach New Holdings (HKSE:08471) is currently considered Possible Value Trap. The stock's GF Value™ is HK$3.07, compared to a current price of HK$0.27 — trading 91.2% below its estimated fair value. The current PB Ratio is 0.38, which is 89% below median its 10-year median of 3.32 and 65.1% below the Manufacturing - Apparel & Accessories industry median of 1.09. Reach New Holdings' overall GF Score™ is 56/100 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 Reach New Holdings (HKSE:08471), the current PB Ratio is 0.38 as of Sep. 01, 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 Reach New Holdings (HKSE:08471) Overvalued in 2026?
Based on GuruFocus' analysis, Reach New Holdings stock appears to be undervalued.
The current stock price of HK$0.27 is trading 91.2% below its estimated GF Value™ of HK$3.07.
GuruFocus considers Reach New Holdings to be Possible Value Trap.
Key valuation signals for HKSE:08471:
PB Ratio: 0.38 (89% below median its 10-year median of 3.32)
GF Value™: HK$3.07 vs. price of HK$0.27 (91.2% below fair value)
Industry Position: 65.1% below the Manufacturing - Apparel & Accessories median (#121 of 1009)
No single metric tells the full story. See the HKSE:08471 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Reach New Holdings Ltd is a labelling solution provider and a one-stop garment accessories manufacturer and supplier based in China. The company is mainly engaged in the production of three types of products, which are Printed products such as hangtags, price tags, and stickers; Woven labels such as woven brand labels, woven size labels, and badges; and Printed labels such as printed brand labels, printed size labels, and care content labels. The group's operations are located in the PRC.
56GF Score
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