Shang PropertiesPHS:SHNG +1.27%81 PB Ratio is 0.28 as of Jun. 27, 2026, which is 28% below its 10-year median of 0.39. GuruFocus rates PHS:SHNG with a GF Score™ of 81/100 and a GF Value™ of ₱4.37 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,712 Real Estate companies, Shang Properties ranks better than 86.45% 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 (2026-06-27), Shang Properties's share price is ₱3.19. Shang Properties's Book Value per Share for the quarter that ended in Mar. 2026 was ₱11.52. Hence, Shang Properties's PB Ratio of today is 0.28.
Good Sign:
Shang Properties Inc stock PB Ratio (=0.27) is close to 10-year low of 0.27.
The historical rank and industry rank for Shang Properties's PB Ratio or its related term are showing as below:
PHS:SHNG'
s PB Ratio Range Over the Past 10 Years
Min: 0.27 Med: 0.39 Max: 0.6
Current: 0.27
During the past 13 years, Shang Properties's highest PB Ratio was 0.60. The lowest was 0.27. And the median was 0.39.
PHS:SHNG's PB Ratio is ranked better than 86.45% of 1712
companies
in the Real Estate industry
Industry Median: 0.82
vs PHS:SHNG: 0.27
During the past 12 months, Shang Properties's average Book Value Per Share Growth Rate was 5.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 10.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 9.30% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 7.20% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Shang Properties was 11.20% per year. The lowest was 3.80% per year. And the median was 7.85% 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.
Shang Properties PB Ratio Related Terms
Shang Properties PB Ratio Historical Data
* Premium members only.
The historical data trend for Shang Properties'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 Real Estate - Diversified subindustry, Shang Properties'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.
Shang Properties PB Ratio vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Shang Properties's PB Ratio distribution charts can be found below:
* The bar in red indicates where Shang Properties'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.
Shang Properties (PHS:SHNG) has a PB Ratio of 0.28 as of Jun. 27, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Shang Properties and its competitors. This is 28% below median its historical median of 0.39. Over the past decade, Shang Properties' PB Ratio has ranged from 0.27 to 0.60. According to the industry distribution chart, Shang Properties ranks #232 out of 1712 companies in the Real Estate industry, placing it in the top 13.6%.
Is Shang Properties' PB Ratio too high?
Shang Properties' current PB Ratio of 0.28 is 28% below median its 10-year median of 0.39. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 0.60. The Real Estate industry median PB Ratio is 0.82. Shang Properties' value of 0.28 is 65.9% below this industry median. Based on the distribution chart, Shang Properties ranks #232 out of 1712 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Shang Properties has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shang Properties' PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Shang Properties ranks #232 out of 1712 companies for PB Ratio. This places Shang Properties in the top 14% of its industry — outperforming the majority of peers. The industry median PB Ratio is 0.82. Shang Properties' value of 0.28 is 65.9% below this benchmark. Historically, Shang Properties' own PB Ratio has ranged from 0.27 to 0.60 over the past decade. While the company's 10-year median is 0.39 vs. the industry median of 0.82, Shang Properties 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 0.82, based on 1,712 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. Shang Properties's current PB Ratio of 0.28 is 65.9% 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 Shang Properties and its competitors. For the Real Estate industry, the median PB Ratio is 0.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shang Properties's current PB Ratio is 0.28, which is 28% below median its own 10-year median of 0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shang Properties stock overvalued right now?
Based on GuruFocus' analysis, Shang Properties (PHS:SHNG) is currently considered Modestly Undervalued. The stock's GF Value™ is ₱4.37, compared to a current price of ₱3.19 — trading 27% below its estimated fair value. The current PB Ratio is 0.28, which is 28% below median its 10-year median of 0.39 and 65.9% below the Real Estate industry median of 0.82. Shang Properties' overall GF Score™ is 81/100 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 Shang Properties (PHS:SHNG), the current PB Ratio is 0.28 as of Jun. 27, 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 Shang Properties (PHS:SHNG) Overvalued in 2026?
Based on GuruFocus' analysis, Shang Properties stock appears to be undervalued.
The current stock price of ₱3.19 is trading 27% below its estimated GF Value™ of ₱4.37.
GuruFocus considers Shang Properties to be Modestly Undervalued.
Key valuation signals for PHS:SHNG:
PB Ratio: 0.28 (28% below median its 10-year median of 0.39)
GF Value™: ₱4.37 vs. price of ₱3.19 (27% below fair value)
Industry Position: 65.9% below the Real Estate median (#232 of 1712)
No single metric tells the full story. See the PHS:SHNG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shang Properties Inc is to acquire, own, develop, subdivide, sell, mortgage, exchange, lease or hold for investment, real properties of all kinds. The company has three segments Property development, Hotel operations, Leasing. The company generates majority of revenue from Property development segment.
81GF Score
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