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SHS HoldingsSGX:566 -3.23%27 PB Ratio is 0.53 as of Aug. 11, 2026, which is 21% below its 10-year median of 0.67. GuruFocus rates SGX:566 with a GF Score™ of 27/100 and a GF Value™ of S$0.44 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 2,977 Industrial Products companies, SHS Holdings ranks better than 91.84% 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 (2026-08-11), SHS Holdings's share price is S$0.12. SHS Holdings's Book Value per Share for the quarter that ended in Dec. 2025 was S$0.23. Hence, SHS Holdings's PB Ratio of today is 0.53.
Good Sign:
SHS Holdings Ltd stock PB Ratio (=0.54) is close to 10-year low of 0.5.
The historical rank and industry rank for SHS Holdings's PB Ratio or its related term are showing as below:
SGX:566'
s PB Ratio Range Over the Past 10 Years
Min: 0.5 Med: 0.67 Max: 0.84
Current: 0.52
During the past 13 years, SHS Holdings's highest PB Ratio was 0.84. The lowest was 0.50. And the median was 0.67.
SGX:566's PB Ratio is ranked better than 91.84% of 2977
companies
in the Industrial Products industry
Industry Median: 2.21
vs SGX:566: 0.52
During the past 12 months, SHS Holdings's average Book Value Per Share Growth Rate was -0.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 2.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 2.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -4.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of SHS Holdings was 21.00% per year. The lowest was -11.60% per year. And the median was 2.80% 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.
SHS Holdings PB Ratio Related Terms
SHS Holdings PB Ratio Historical Data
* Premium members only.
The historical data trend for SHS Holdings'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 Metal Fabrication subindustry, SHS 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.
SHS Holdings PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, SHS Holdings's PB Ratio distribution charts can be found below:
* The bar in red indicates where SHS Holdings'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.
SHS Holdings's PB Ratio for today is calculated as follows:
* 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.
SHS Holdings (SGX:566) has a PB Ratio of 0.53 as of Aug. 11, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on SHS Holdings and its competitors. This is 21% below median its historical median of 0.67. Over the past decade, SHS Holdings' PB Ratio has ranged from 0.50 to 0.84. According to the industry distribution chart, SHS Holdings ranks #243 out of 2977 companies in the Industrial Products industry, placing it in the top 8.2%.
Is SHS Holdings' PB Ratio too high?
SHS Holdings' current PB Ratio of 0.53 is 21% below median its 10-year median of 0.67. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 0.84. The Industrial Products industry median PB Ratio is 2.21. SHS Holdings' value of 0.53 is 76% below this industry median. Based on the distribution chart, SHS Holdings ranks #243 out of 2977 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, SHS Holdings has a GF Score™ of 27/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does SHS Holdings' PB Ratio compare to CRS and ATI?
According to the Industrial Products industry distribution chart, SHS Holdings ranks #243 out of 2977 companies for PB Ratio. This places SHS Holdings in the top 8% of its industry — outperforming the majority of peers. The industry median PB Ratio is 2.21. SHS Holdings' value of 0.53 is 76% below this benchmark. Historically, SHS Holdings' own PB Ratio has ranged from 0.50 to 0.84 over the past decade. While the company's 10-year median is 0.67 vs. the industry median of 2.21, SHS Holdings 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 an Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.21, based on 2,977 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. SHS Holdings's current PB Ratio of 0.53 is 76% 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 SHS Holdings and its competitors. For the Industrial Products industry, the median PB Ratio is 2.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SHS Holdings's current PB Ratio is 0.53, which is 21% below median its own 10-year median of 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SHS Holdings stock overvalued right now?
Based on GuruFocus' analysis, SHS Holdings (SGX:566) is currently considered Possible Value Trap. The stock's GF Value™ is S$0.44, compared to a current price of S$0.12 — trading 72.7% below its estimated fair value. The current PB Ratio is 0.53, which is 21% below median its 10-year median of 0.67 and 76% below the Industrial Products industry median of 2.21. SHS Holdings' overall GF Score™ is 27/100 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 SHS Holdings (SGX:566), the current PB Ratio is 0.53 as of Aug. 11, 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 SHS Holdings (SGX:566) Overvalued in 2026?
Based on GuruFocus' analysis, SHS Holdings stock appears to be undervalued.
The current stock price of S$0.12 is trading 72.7% below its estimated GF Value™ of S$0.44.
GuruFocus considers SHS Holdings to be Possible Value Trap.
Key valuation signals for SGX:566:
PB Ratio: 0.53 (21% below median its 10-year median of 0.67)
GF Value™: S$0.44 vs. price of S$0.12 (72.7% below fair value)
Industry Position: 76% below the Industrial Products median (#243 of 2977)
No single metric tells the full story. See the SGX:566 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SHS Holdings Ltd is engaged in the design, engineering, and construction of steel, aluminium and glass structures. It is also engaged in corrosion prevention, structural steel and facade and solar energy operations. The company's segments include Corrosion prevention; Solar Energy; Engineering and Construction and Others. The Engineering & Construction segment, deriving the majority of the revenue, is engaged in the business of designing, engineering, and constructing steel, aluminium, and glass structures, and the design, construction, and manufacturing services in modular construction projects.
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