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Asia-express Logistics HoldingsHKSE:08620 45 PB Ratio is 2.47 as of Aug. 06, 2026, which is 48% above its 10-year median of 1.67. GuruFocus rates HKSE:08620 with a GF Score™ of 45/100 and a GF Value™ of HK$0.10 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 965 Transportation companies, Asia-express Logistics Holdings ranks worse than 82.38% on this metric.
The historical rank and industry rank for Asia-express Logistics Holdings's PB Ratio or its related term are showing as below:
HKSE:08620'
s PB Ratio Range Over the Past 10 Years
Min: 0.95 Med: 1.67 Max: 3.62
Current: 2.96
During the past 10 years, Asia-express Logistics Holdings's highest PB Ratio was 3.62. The lowest was 0.95. And the median was 1.67.
HKSE:08620's PB Ratio is ranked worse than 82.38% of 965
companies
in the Transportation industry
Industry Median: 1.27
vs HKSE:08620: 2.96
During the past 12 months, Asia-express Logistics Holdings's average Book Value Per Share Growth Rate was -3.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -5.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -16.90% per year.
During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of Asia-express Logistics Holdings was 5.70% per year. The lowest was -23.00% per year. And the median was -5.00% 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.
Asia-express Logistics Holdings PB Ratio Related Terms
Asia-express Logistics 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.
Asia-express Logistics Holdings PB Ratio Competitor Comparison
For the Airports & Air Services subindustry, Asia-express Logistics 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.
Asia-express Logistics Holdings PB Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, Asia-express Logistics Holdings's PB Ratio distribution charts can be found below:
* The bar in red indicates where Asia-express Logistics Holdings's PB Ratio falls into.
Asia-express Logistics 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.
* 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.
Asia-express Logistics Holdings (HKSE:08620) has a PB Ratio of 2.47 as of Aug. 06, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Asia-express Logistics Holdings and its competitors. This is 48% above median its historical median of 1.67. Over the past decade, Asia-express Logistics Holdings' PB Ratio has ranged from 0.95 to 3.62. According to the industry distribution chart, Asia-express Logistics Holdings ranks #795 out of 965 companies in the Transportation industry, placing it in the top 82.4%.
Is Asia-express Logistics Holdings' PB Ratio too high?
Asia-express Logistics Holdings' current PB Ratio of 2.47 is 48% above median its 10-year median of 1.67. Over the past 10 years, this metric has ranged from a low of 0.95 to a high of 3.62. The Transportation industry median PB Ratio is 1.27. Asia-express Logistics Holdings' value of 2.47 is 94.5% above this industry median. Based on the distribution chart, Asia-express Logistics Holdings ranks #795 out of 965 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Asia-express Logistics Holdings has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asia-express Logistics Holdings' PB Ratio compare to competitors?
According to the Transportation industry distribution chart, Asia-express Logistics Holdings ranks #795 out of 965 companies for PB Ratio. This places Asia-express Logistics Holdings in the lower half of its industry. The industry median PB Ratio is 1.27. Asia-express Logistics Holdings' value of 2.47 is 94.5% above this benchmark. Historically, Asia-express Logistics Holdings' own PB Ratio has ranged from 0.95 to 3.62 over the past decade. While the company's 10-year median is 1.67 vs. the industry median of 1.27, Asia-express Logistics Holdings has consistently been above 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 Transportation company?
The median PB Ratio among Transportation companies is 1.27, based on 965 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. Asia-express Logistics Holdings's current PB Ratio of 2.47 is 94.5% above 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 Asia-express Logistics Holdings and its competitors. For the Transportation industry, the median PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia-express Logistics Holdings's current PB Ratio is 2.47, which is 48% above median its own 10-year median of 1.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia-express Logistics Holdings stock overvalued right now?
Based on GuruFocus' analysis, Asia-express Logistics Holdings (HKSE:08620) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.10, compared to a current price of HK$0.15 — trading 48% above its estimated fair value. The current PB Ratio is 2.47, which is 48% above median its 10-year median of 1.67 and 94.5% above the Transportation industry median of 1.27. Asia-express Logistics Holdings' overall GF Score™ is 45/100 with 3 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 Asia-express Logistics Holdings (HKSE:08620), the current PB Ratio is 2.47 as of Aug. 06, 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 Asia-express Logistics Holdings (HKSE:08620) Overvalued in 2026?
Based on GuruFocus' analysis, Asia-express Logistics Holdings stock appears to be overvalued.
The current stock price of HK$0.15 is trading 48% above its estimated GF Value™ of HK$0.10.
GuruFocus considers Asia-express Logistics Holdings to be Significantly Overvalued.
Key valuation signals for HKSE:08620:
PB Ratio: 2.47 (48% above median its 10-year median of 1.67)
GF Value™: HK$0.10 vs. price of HK$0.15 (48% above fair value)
Industry Position: 94.5% above the Transportation median (#795 of 965)
No single metric tells the full story. See the HKSE:08620 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asia-express Logistics Holdings Ltd is an air cargo ground handling services provider in Hong Kong. The company's air cargo ground handling services cover Air cargo terminal operation; Transportation; Warehousing and other value-added services. It provides services to express carriers; air cargo terminal operators, freight forwarders, and corporates domestically and regionally. The group's operations are mainly located in Hong Kong and the PRC, of which key revenue is generated from Air cargo terminal operation services in Hong Kong.
45GF Score
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