HLDVF (Henderson Land Development Co) PB Ratio: 0.41 (As of Jul. 10, 2026) — 15% Below Median


HLDVF Henderson Land Development Co Ltd HLDVF
75 GF Score
Price $3.49
GF Value $3.11
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Henderson Land Development Co PB Ratio?

Henderson Land Development Co HLDVF 75 PB Ratio is 0.41 as of Jul. 10, 2026, which is 15% below its 10-year median of 0.48. GuruFocus rates HLDVF with a GF Score™ of 75/100 and a GF Value™ of $3.11 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,713 Real Estate companies, Henderson Land Development Co ranks better than 79.63% 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 (2026-07-10), Henderson Land Development Co's share price is $3.49. Henderson Land Development Co's Book Value per Share for the quarter that ended in Dec. 2025 was $8.56. Hence, Henderson Land Development Co's PB Ratio of today is 0.41.

Good Sign:

Henderson Land Development Co Ltd stock PB Ratio (=0.38) is close to 1-year low of 0.37.

The historical rank and industry rank for Henderson Land Development Co's PB Ratio or its related term are showing as below:

HLDVF' s PB Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.48   Max: 0.83
Current: 0.38

During the past 13 years, Henderson Land Development Co's highest PB Ratio was 0.83. The lowest was 0.29. And the median was 0.48.

HLDVF's PB Ratio is ranked better than
79.63% of 1713 companies
in the Real Estate industry
Industry Median: 0.81 vs HLDVF: 0.38

During the past 12 months, Henderson Land Development Co's average Book Value Per Share Growth Rate was 0.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -0.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -0.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 2.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Henderson Land Development Co was 23.10% per year. The lowest was -1.30% per year. And the median was 7.05% per year.

Back to Basics: PB Ratio


Henderson Land Development Co  (OTCPK:HLDVF) 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.


Henderson Land Development Co PB Ratio Related Terms


Henderson Land Development Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Henderson Land Development Co'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.

Henderson Land Development Co PB Ratio Chart

Henderson Land Development Co 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 0.46 0.41 0.34 0.35 0.43

Henderson Land Development Co Semi-Annual Data
Jun16 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 0.34 0.32 0.35 0.42 0.43

Henderson Land Development Co PB Ratio Competitor Comparison

For the Real Estate - Diversified subindustry, Henderson Land Development Co'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.


Henderson Land Development Co PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Henderson Land Development Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Henderson Land Development Co's PB Ratio falls into.


HLDVF
75GF Score
Henderson Land Development Co Ltd HLDVF
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Henderson Land Development Co 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.

Henderson Land Development Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=3.49/8.56
=0.41

* 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 0.41 mean?
Henderson Land Development Co (HLDVF) has a PB Ratio of 0.41 as of Jul. 10, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Henderson Land Development Co and its competitors. This is 15% below median its historical median of 0.48. Over the past decade, Henderson Land Development Co's PB Ratio has ranged from 0.29 to 0.83. According to the industry distribution chart, Henderson Land Development Co ranks #349 out of 1713 companies in the Real Estate industry, placing it in the top 20.4%.
Is Henderson Land Development Co's PB Ratio too high?
Henderson Land Development Co's current PB Ratio of 0.41 is 15% below median its 10-year median of 0.48. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 0.83. The Real Estate industry median PB Ratio is 0.81. Henderson Land Development Co's value of 0.41 is 49.4% below this industry median. Based on the distribution chart, Henderson Land Development Co ranks #349 out of 1713 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Henderson Land Development Co has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Henderson Land Development Co's PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Henderson Land Development Co ranks #349 out of 1713 companies for PB Ratio. This places Henderson Land Development Co in the top 20% of its industry — outperforming the majority of peers. The industry median PB Ratio is 0.81. Henderson Land Development Co's value of 0.41 is 49.4% below this benchmark. Historically, Henderson Land Development Co's own PB Ratio has ranged from 0.29 to 0.83 over the past decade. While the company's 10-year median is 0.48 vs. the industry median of 0.81, Henderson Land Development Co 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 Real Estate company?
The median PB Ratio among Real Estate companies is 0.81, based on 1,713 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. Henderson Land Development Co's current PB Ratio of 0.41 is 49.4% 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 Henderson Land Development Co and its competitors. For the Real Estate industry, the median PB Ratio is 0.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Henderson Land Development Co's current PB Ratio is 0.41, which is 15% below median its own 10-year median of 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Henderson Land Development Co stock overvalued right now?
Based on GuruFocus' analysis, Henderson Land Development Co (HLDVF) is currently considered Modestly Overvalued. The stock's GF Value™ is $3.11, compared to a current price of $3.49 — trading 12.2% above its estimated fair value. The current PB Ratio is 0.41, which is 15% below median its 10-year median of 0.48 and 49.4% below the Real Estate industry median of 0.81. Henderson Land Development Co's overall GF Score™ is 75/100 with 7 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 Henderson Land Development Co (HLDVF), the current PB Ratio is 0.41 as of Jul. 10, 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 Henderson Land Development Co (HLDVF) Overvalued in 2026?

Based on GuruFocus' analysis, Henderson Land Development Co stock appears to be overvalued. The current stock price of $3.49 is trading 12.2% above its estimated GF Value™ of $3.11. GuruFocus considers Henderson Land Development Co to be Modestly Overvalued.

Key valuation signals for HLDVF:

  • PB Ratio: 0.41 (15% below median its 10-year median of 0.48)
  • GF Value™: $3.11 vs. price of $3.49 (12.2% above fair value)
  • GF Score™: 75/100 with 7 warning signs
  • Industry Position: 49.4% below the Real Estate median (#349 of 1713)

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


Henderson Land Development Co Business Description

Address 8 Finance Street, 72nd -76th Floor, Two International Finance Centre, Central, Hong Kong, HKG
Henderson Land Development is a leading property developer in Hong Kong with a focus on urban redevelopment and farmland conversion. The company was founded in 1976, listed in 1981. Henderson Land directly controls four listed entities, including a 69% stake in Henderson Investment, a 41.5% stake in Hong Kong and China Gas, a 33.4% stake in Hong Kong Ferry, and a 50.1% stake in Miramar Hotel & Investment.
75GF Score

Get the complete analysis for HLDVF

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

$3.49
Price
$3.11
GF Value