Hiap Hoe (SGX:5JK) PB Ratio: 0.37 (As of Sep. 03, 2026) — 20% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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SGX:5JK Hiap Hoe Ltd SGX:5JK
45 GF Score
Price S$0.60
GF Value S$0.67
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Hiap Hoe PB Ratio?

Hiap Hoe SGX:5JK 45 PB Ratio is 0.37 as of Sep. 03, 2026, which is 20% below its 10-year median of 0.46. GuruFocus rates SGX:5JK with a GF Score™ of 45/100 and a GF Value™ of S$0.67 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 790 Travel & Leisure companies, Hiap Hoe ranks better than 89.75% 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 (2026-09-03), Hiap Hoe's share price is S$0.595. Hiap Hoe's Book Value per Share for the quarter that ended in Jun. 2026 was S$1.62. Hence, Hiap Hoe's PB Ratio of today is 0.37.

Good Sign:

Hiap Hoe Ltd stock PB Ratio (=0.37) is close to 1-year low of 0.34.

The historical rank and industry rank for Hiap Hoe's PB Ratio or its related term are showing as below:

SGX:5JK' s PB Ratio Range Over the Past 10 Years
Min: 0.33   Med: 0.46   Max: 0.58
Current: 0.37

During the past 13 years, Hiap Hoe's highest PB Ratio was 0.58. The lowest was 0.33. And the median was 0.46.

SGX:5JK's PB Ratio is ranked better than
89.75% of 790 companies
in the Travel & Leisure industry
Industry Median: 1.49 vs SGX:5JK: 0.37

During the past 12 months, Hiap Hoe's average Book Value Per Share Growth Rate was 6.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 1.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -0.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 0.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Hiap Hoe was 58.50% per year. The lowest was -2.30% per year. And the median was 14.80% per year.

Back to Basics: PB Ratio


Hiap Hoe  (SGX:5JK) 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.


Hiap Hoe PB Ratio Related Terms


Hiap Hoe PB Ratio Historical Data

* Premium members only.

The historical data trend for Hiap Hoe'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.

Hiap Hoe PB Ratio Chart

Hiap Hoe 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 0.41 0.49 0.42 0.38 0.35

Hiap Hoe Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 0.40 0.38 0.34 0.35 0.40

SGX:5JK vs MAR, HLT, H: PB Ratio Comparison

For the Lodging subindustry, Hiap Hoe'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.


Hiap Hoe PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Hiap Hoe's PB Ratio distribution charts can be found below:

* The bar in red indicates where Hiap Hoe's PB Ratio falls into.


SGX:5JK
45GF Score
Hiap Hoe Ltd SGX:5JK
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hiap Hoe 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.

Hiap Hoe's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2026)
=0.595/1.617
=0.37

* 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 0.37 mean?
Hiap Hoe (SGX:5JK) has a PB Ratio of 0.37 as of Sep. 03, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Hiap Hoe and its competitors. This is 20% below median its historical median of 0.46. Over the past decade, Hiap Hoe's PB Ratio has ranged from 0.33 to 0.58. According to the industry distribution chart, Hiap Hoe ranks #81 out of 790 companies in the Travel & Leisure industry, placing it in the top 10.3%.
Is Hiap Hoe's PB Ratio too high?
Hiap Hoe's current PB Ratio of 0.37 is 20% below median its 10-year median of 0.46. Over the past 10 years, this metric has ranged from a low of 0.33 to a high of 0.58. The Travel & Leisure industry median PB Ratio is 1.49. Hiap Hoe's value of 0.37 is 75.2% below this industry median. Based on the distribution chart, Hiap Hoe ranks #81 out of 790 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Hiap Hoe has a GF Score™ of 45/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hiap Hoe's PB Ratio compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Hiap Hoe ranks #81 out of 790 companies for PB Ratio. This places Hiap Hoe in the top 10% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.49. Hiap Hoe's value of 0.37 is 75.2% below this benchmark. Historically, Hiap Hoe's own PB Ratio has ranged from 0.33 to 0.58 over the past decade. While the company's 10-year median is 0.46 vs. the industry median of 1.49, Hiap Hoe 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 Travel & Leisure company?
The median PB Ratio among Travel & Leisure companies is 1.49, based on 790 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. Hiap Hoe's current PB Ratio of 0.37 is 75.2% 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 Hiap Hoe and its competitors. For the Travel & Leisure industry, the median PB Ratio is 1.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hiap Hoe's current PB Ratio is 0.37, which is 20% below median its own 10-year median of 0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hiap Hoe stock overvalued right now?
Based on GuruFocus' analysis, Hiap Hoe (SGX:5JK) is currently considered Modestly Undervalued. The stock's GF Value™ is S$0.67, compared to a current price of S$0.60 — trading 11.2% below its estimated fair value. The current PB Ratio is 0.37, which is 20% below median its 10-year median of 0.46 and 75.2% below the Travel & Leisure industry median of 1.49. Hiap Hoe's overall GF Score™ is 45/100 with 6 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 Hiap Hoe (SGX:5JK), the current PB Ratio is 0.37 as of Sep. 03, 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 Hiap Hoe (SGX:5JK) Overvalued in 2026?

Based on GuruFocus' analysis, Hiap Hoe stock appears to be undervalued. The current stock price of S$0.60 is trading 11.2% below its estimated GF Value™ of S$0.67. GuruFocus considers Hiap Hoe to be Modestly Undervalued.

Key valuation signals for SGX:5JK:

  • PB Ratio: 0.37 (20% below median its 10-year median of 0.46)
  • GF Value™: S$0.67 vs. price of S$0.60 (11.2% below fair value)
  • GF Score™: 45/100 with 6 warning signs
  • Industry Position: 75.2% below the Travel & Leisure median (#81 of 790)

No single metric tells the full story. See the SGX:5JK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hiap Hoe Business Description

Address 18 Ah Hood Road, No. 13-51, Hiap Hoe Building At Zhongshan Park, Singapore, SGP, 329983
Hiap Hoe Ltd is a regional real estate group. It has the following reportable operating segments -The rental segment is in the business of renting of space under the investment properties and property, plant and equipment. The leisure segment is in the business of providing leisure and recreational facilities. The hotel operations segment is operated under the brand names of Aloft Singapore Novena, Holiday Inn Express Trafford City, Aloft Perth and Great Eastern Motor Lodge. The other investments portfolio consists of a mix of quoted and unquoted investments. The others segment is involved in Group-level corporate services and treasury functions. The company has operations in Singapore which generates key revenue, Australia, and the United Kingdom.
45GF Score

Get the complete analysis for SGX:5JK

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

S$0.60
Price
S$0.67
GF Value