Top Standard (HKSE:08510) PB Ratio: (As of Sep. 05, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HKSE:08510 Top Standard Corp HKSE:08510
37 GF Score
Price HK$0.18
GF Value HK$0.17
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Top Standard PB Ratio?

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 (2026-09-05), Top Standard's share price is HK$0.176. Top Standard's Book Value per Share for the quarter that ended in Dec. 2025 was HK$-0.05. Hence, Top Standard's PB Ratio of today is .

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

During the past 10 years, Top Standard's highest PB Ratio was 20.13. The lowest was 1.96. And the median was 9.40.

HKSE:08510's PB Ratio is not ranked *
in the Restaurants industry.
Industry Median: 2.34
* Ranked among companies with meaningful PB Ratio only.

During the past 3 years, the average Book Value Per Share Growth Rate was 24.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 35.40% per year.

During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of Top Standard was 67.10% per year. The lowest was -5.10% per year. And the median was 34.15% per year.

Back to Basics: PB Ratio

Top Standard  (HKSE:08510) 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.

Top Standard PB Ratio Related Terms

Top Standard PB Ratio Historical Data

* Premium members only.

The historical data trend for Top Standard'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.

Top Standard PB Ratio Chart

Top Standard Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Top Standard Semi-Annual Data
Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 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 0.00 0.00 0.00 0.00 0.00

HKSE:08510 vs MCD, SBUX, CMG: PB Ratio Comparison

For the Restaurants subindustry, Top Standard'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.

Top Standard PB Ratio vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Top Standard's PB Ratio distribution charts can be found below:

* The bar in red indicates where Top Standard's PB Ratio falls into.


HKSE:08510
37GF Score
Top Standard Corp HKSE:08510
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Top Standard 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.

Top Standard's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=0.176/-0.045
=

* 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:

PB Ratio=Market Cap /(Total Stockholders Equity-Preferred Stock)

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.

Is Top Standard (HKSE:08510) Overvalued in 2026?

Based on GuruFocus' analysis, Top Standard stock appears to be overvalued. The current stock price of HK$0.18 is trading 3.5% above its estimated GF Value™ of HK$0.17. GuruFocus considers Top Standard to be Fairly Valued.

Key valuation signals for HKSE:08510:

  • PB Ratio:
  • GF Value™: HK$0.17 vs. price of HK$0.18 (3.5% above fair value)
  • GF Score™: 37/100 with 6 warning signs

No single metric tells the full story. See the HKSE:08510 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Top Standard Business Description

Address 87 Hung To Road, Unit 3C, 3rd Floor, Yue Xiu Industrial Building, Kwun Tong, Kowloon, Hong Kong, HKG
Top Standard Corp is an investment holding company. Along with its subsidiaries, it is engaged in operating restaurants and bars in Hong Kong and Southeast Asia, and online sales of wines. The group has two operating and reportable segments: catering service and online sales of wines. The majority of its revenue comes from food catering services, which include food and beverages served. Geographically, the group generates maximum revenue from Malaysia, and also has a presence in Hong Kong and Singapore.
37GF Score

Get the complete analysis for HKSE:08510

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

HK$0.18
Price
HK$0.17
GF Value