Hor Kew (SGX:BBP) PB Ratio: 0.63 (As of Aug. 14, 2026) — 200% Above Median

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Director of Data and Quant Analytics at GuruFocus
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SGX:BBP Hor Kew Corp Ltd SGX:BBP
47 GF Score
Price S$1.20
GF Value S$0.32
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Hor Kew PB Ratio?

Hor Kew SGX:BBP 47 PB Ratio is 0.63 as of Aug. 14, 2026, which is 200% above its 10-year median of 0.21. GuruFocus rates SGX:BBP with a GF Score™ of 47/100 and a GF Value™ of S$0.32 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,727 Construction companies, Hor Kew ranks better than 78.87% 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 (2026-08-14), Hor Kew's share price is S$1.20. Hor Kew's Book Value per Share for the quarter that ended in Dec. 2025 was S$1.89. Hence, Hor Kew's PB Ratio of today is 0.63.

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

SGX:BBP' s PB Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.21   Max: 0.81
Current: 0.64

During the past 13 years, Hor Kew's highest PB Ratio was 0.81. The lowest was 0.12. And the median was 0.21.

SGX:BBP's PB Ratio is ranked better than
78.87% of 1727 companies
in the Construction industry
Industry Median: 1.35 vs SGX:BBP: 0.64

During the past 12 months, Hor Kew's average Book Value Per Share Growth Rate was 14.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 14.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 10.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -0.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Hor Kew was 25.50% per year. The lowest was -14.00% per year. And the median was 3.30% per year.

Back to Basics: PB Ratio


Hor Kew  (SGX:BBP) 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.


Hor Kew PB Ratio Related Terms


Hor Kew PB Ratio Historical Data

* Premium members only.

The historical data trend for Hor Kew'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.

Hor Kew PB Ratio Chart

Hor Kew 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 0.20 0.20 0.16 0.29 0.68

Hor Kew 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 0.16 0.28 0.29 0.55 0.68

SGX:BBP vs PWR, FIX, EME: PB Ratio Comparison

For the Engineering & Construction subindustry, Hor Kew'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.


Hor Kew PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Hor Kew's PB Ratio distribution charts can be found below:

* The bar in red indicates where Hor Kew's PB Ratio falls into.


SGX:BBP
47GF Score
Hor Kew Corp Ltd SGX:BBP
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hor Kew 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.

Hor Kew's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=1.20/1.891
=0.63

* 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 0.63 mean?
Hor Kew (SGX:BBP) has a PB Ratio of 0.63 as of Aug. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Hor Kew and its competitors. This is 200% above median its historical median of 0.21. Over the past decade, Hor Kew's PB Ratio has ranged from 0.12 to 0.81. According to the industry distribution chart, Hor Kew ranks #365 out of 1727 companies in the Construction industry, placing it in the top 21.1%.
Is Hor Kew's PB Ratio too high?
Hor Kew's current PB Ratio of 0.63 is 200% above median its 10-year median of 0.21. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 0.81. The Construction industry median PB Ratio is 1.35. Hor Kew's value of 0.63 is 53.3% below this industry median. Based on the distribution chart, Hor Kew ranks #365 out of 1727 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Hor Kew has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hor Kew's PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Hor Kew ranks #365 out of 1727 companies for PB Ratio. This places Hor Kew in the top 21% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.35. Hor Kew's value of 0.63 is 53.3% below this benchmark. Historically, Hor Kew's own PB Ratio has ranged from 0.12 to 0.81 over the past decade. While the company's 10-year median is 0.21 vs. the industry median of 1.35, Hor Kew 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 Construction company?
The median PB Ratio among Construction companies is 1.35, based on 1,727 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. Hor Kew's current PB Ratio of 0.63 is 53.3% 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 Hor Kew and its competitors. For the Construction industry, the median PB Ratio is 1.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hor Kew's current PB Ratio is 0.63, which is 200% above median its own 10-year median of 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hor Kew stock overvalued right now?
Based on GuruFocus' analysis, Hor Kew (SGX:BBP) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.32, compared to a current price of S$1.20 — trading 275% above its estimated fair value. The current PB Ratio is 0.63, which is 200% above median its 10-year median of 0.21 and 53.3% below the Construction industry median of 1.35. Hor Kew's overall GF Score™ is 47/100 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 Hor Kew (SGX:BBP), the current PB Ratio is 0.63 as of Aug. 14, 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 Hor Kew (SGX:BBP) Overvalued in 2026?

Based on GuruFocus' analysis, Hor Kew stock appears to be overvalued. The current stock price of S$1.20 is trading 275% above its estimated GF Value™ of S$0.32. GuruFocus considers Hor Kew to be Significantly Overvalued.

Key valuation signals for SGX:BBP:

  • PB Ratio: 0.63 (200% above median its 10-year median of 0.21)
  • GF Value™: S$0.32 vs. price of S$1.20 (275% above fair value)
  • GF Score™: 47/100 with 6 warning signs
  • Industry Position: 53.3% below the Construction median (#365 of 1727)

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


Hor Kew Business Description

Address 66 Kallang Pudding Road, No. 07-01, Hor Kew Business Centre, Singapore, SGP, 349324
Hor Kew Corp Ltd is a building construction company that provides construction-related products and services. The company manufactures and supplies prestressed and reinforced concrete building components and prefinished architectural precast components. Its segments include Property investment and development segment that is engaged in the development, sales and leasing of residential, commercial and industrial properties; Prefabrication segment that derives maximum revenue, is engaged in design, manufacture and sales of prestressed and reinforced concrete building components as well as prefabricated architectural metal components and Others segment comprises mainly the Group level corporate services and treasury functions.
47GF Score

Get the complete analysis for SGX:BBP

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

S$1.20
Price
S$0.32
GF Value