LVSDF (Lai Sun Development Co) PB Ratio: 0.03 (As of Aug. 09, 2026) — 73% Below Median

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.

LVSDF Lai Sun Development Co Ltd LVSDF
34 GF Score
Price $0.05
GF Value $0.04
! 4 Warning Signs
View Full Analysis

What is Lai Sun Development Co PB Ratio?

Lai Sun Development Co LVSDF 34 PB Ratio is 0.03 as of Aug. 09, 2026, which is 73% below its 10-year median of 0.11. GuruFocus rates LVSDF with a GF Score™ of 34/100 and a GF Value™ of $0.04. The stock has 4 warning signs investors should review. Among 1,714 Real Estate companies, Lai Sun Development Co ranks better than 98.89% 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 (2026-08-09), Lai Sun Development Co's share price is $0.05. Lai Sun Development Co's Book Value per Share for the quarter that ended in Jan. 2026 was $1.97. Hence, Lai Sun Development Co's PB Ratio of today is 0.03.

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

LVSDF' s PB Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.11   Max: 0.37
Current: 0.05

During the past 13 years, Lai Sun Development Co's highest PB Ratio was 0.37. The lowest was 0.02. And the median was 0.11.

LVSDF's PB Ratio is ranked better than
98.89% of 1714 companies
in the Real Estate industry
Industry Median: 0.81 vs LVSDF: 0.05

During the past 12 months, Lai Sun Development Co's average Book Value Per Share Growth Rate was -12.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -22.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -22.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -9.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Lai Sun Development Co was 27.20% per year. The lowest was -56.80% per year. And the median was 5.50% per year.

Back to Basics: PB Ratio


Lai Sun Development Co  (OTCPK:LVSDF) 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.


Lai Sun Development Co PB Ratio Related Terms


Lai Sun Development Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Lai Sun 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.

Lai Sun Development Co PB Ratio Chart

Lai Sun Development Co Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.12 0.07 0.05 0.02

Lai Sun Development Co Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 0.04 0.05 0.05 0.02 0.03

Lai Sun Development Co PB Ratio Competitor Comparison

For the Real Estate - Diversified subindustry, Lai Sun 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.


Lai Sun Development Co PB Ratio vs Real Estate Industry

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

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


LVSDF
34GF Score
Lai Sun Development Co Ltd LVSDF
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lai Sun 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.

Lai Sun Development Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jan. 2026)
=0.05/1.969
=0.03

* 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 0.03 mean?
Lai Sun Development Co (LVSDF) has a PB Ratio of 0.03 as of Aug. 09, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Lai Sun Development Co and its competitors. This is 73% below median its historical median of 0.11. Over the past decade, Lai Sun Development Co's PB Ratio has ranged from 0.02 to 0.37. According to the industry distribution chart, Lai Sun Development Co ranks #19 out of 1714 companies in the Real Estate industry, placing it in the top 1.1%.
Is Lai Sun Development Co's PB Ratio too high?
Lai Sun Development Co's current PB Ratio of 0.03 is 73% below median its 10-year median of 0.11. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.37. The Real Estate industry median PB Ratio is 0.81. Lai Sun Development Co's value of 0.03 is 96.3% below this industry median. Based on the distribution chart, Lai Sun Development Co ranks #19 out of 1714 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Lai Sun Development Co has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Lai Sun Development Co's PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Lai Sun Development Co ranks #19 out of 1714 companies for PB Ratio. This places Lai Sun Development Co in the top 1% of its industry — outperforming the majority of peers. The industry median PB Ratio is 0.81. Lai Sun Development Co's value of 0.03 is 96.3% below this benchmark. Historically, Lai Sun Development Co's own PB Ratio has ranged from 0.02 to 0.37 over the past decade. While the company's 10-year median is 0.11 vs. the industry median of 0.81, Lai Sun 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 1,714 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. Lai Sun Development Co's current PB Ratio of 0.03 is 96.3% 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 Lai Sun 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. Lai Sun Development Co's current PB Ratio is 0.03, which is 73% below median its own 10-year median of 0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lai Sun Development Co stock overvalued right now?
Lai Sun Development Co (LVSDF) has a current PB Ratio of 0.03. The stock's GF Value™ is $0.04, compared to a current price of $0.05 — trading 25% above its estimated fair value. The current PB Ratio is 0.03, which is 73% below median its 10-year median of 0.11 and 96.3% below the Real Estate industry median of 0.81. Lai Sun Development Co's overall GF Score™ is 34/100 with 4 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 Lai Sun Development Co (LVSDF), the current PB Ratio is 0.03 as of Aug. 09, 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 Lai Sun Development Co (LVSDF) Overvalued in 2026?

Based on GuruFocus' analysis, Lai Sun Development Co stock appears to be overvalued. The current stock price of $0.05 is trading 25% above its estimated GF Value™ of $0.04.

Key valuation signals for LVSDF:

  • PB Ratio: 0.03 (73% below median its 10-year median of 0.11)
  • GF Value™: $0.04 vs. price of $0.05 (25% above fair value)
  • GF Score™: 34/100 with 4 warning signs
  • Industry Position: 96.3% below the Real Estate median (#19 of 1714)

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


Lai Sun Development Co Business Description

Other Exchanges 00488:Hong KongLAY3:Germany
Address 680 Cheung Sha Wan Road, 11th Floor, Lai Sun Commercial Centre, Kowloon, Hong Kong, HKG
Lai Sun Development Co Ltd is an investment holding company. Along with its subsidiaries, the company is engaged in various reportable operating segments such as; property development and sales; property investment; hotel operation; restaurant operation; media and entertainment; film and TV programs; cinema operation; theme park operation, and others. The property development and sales segment which derives a majority of its revenue, is engaged in property development and the sale of properties. Geographically, it derives a majority of its revenue from Mainland China and Macau, and the rest from Hong Kong, the United Kingdom, Vietnam, and other regions.
34GF Score

Get the complete analysis for LVSDF

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

$0.05
Price
$0.04
GF Value