Lincotrade & Associates Holdings (SGX:BFT) PB Ratio: 4.00 (As of Aug. 11, 2026) — 1900% Above 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.

SGX:BFT Lincotrade & Associates Holdings Ltd SGX:BFT
31 GF Score
Price S$0.38
GF Value S$0.25
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Lincotrade & Associates Holdings PB Ratio?

Lincotrade & Associates Holdings SGX:BFT +1.33% 31 PB Ratio is 4.00 as of Aug. 11, 2026, which is 1900% above its 10-year median of 0.20. GuruFocus rates SGX:BFT with a GF Score™ of 31/100 and a GF Value™ of S$0.25 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,726 Construction companies, Lincotrade & Associates Holdings ranks worse than 83.89% 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 (2026-08-11), Lincotrade & Associates Holdings's share price is S$0.38. Lincotrade & Associates Holdings's Book Value per Share for the quarter that ended in Dec. 2025 was S$0.10. Hence, Lincotrade & Associates Holdings's PB Ratio of today is 4.00.

The historical rank and industry rank for Lincotrade & Associates Holdings's PB Ratio or its related term are showing as below:

SGX:BFT' s PB Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.2   Max: 5.69
Current: 4

During the past 13 years, Lincotrade & Associates Holdings's highest PB Ratio was 5.69. The lowest was 0.05. And the median was 0.20.

SGX:BFT's PB Ratio is ranked worse than
83.89% of 1726 companies
in the Construction industry
Industry Median: 1.35 vs SGX:BFT: 4.00

During the past 12 months, Lincotrade & Associates Holdings's average Book Value Per Share Growth Rate was 55.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -17.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Lincotrade & Associates Holdings was 69.70% per year. The lowest was -57.50% per year. And the median was -0.75% per year.

Back to Basics: PB Ratio


Lincotrade & Associates Holdings  (SGX:BFT) 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.


Lincotrade & Associates Holdings PB Ratio Related Terms


Lincotrade & Associates Holdings PB Ratio Historical Data

* Premium members only.

The historical data trend for Lincotrade & Associates 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.

Lincotrade & Associates Holdings PB Ratio Chart

Lincotrade & Associates Holdings Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Jun21 Jun22 Jun23 Jun24 Jun25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.79 3.88 3.07 0.88

Lincotrade & Associates Holdings Semi-Annual Data
Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 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 3.26 3.07 3.44 0.88 2.16

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

For the Engineering & Construction subindustry, Lincotrade & Associates 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.


Lincotrade & Associates Holdings PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Lincotrade & Associates Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where Lincotrade & Associates Holdings's PB Ratio falls into.


SGX:BFT
31GF Score
Lincotrade & Associates Holdings Ltd SGX:BFT
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lincotrade & Associates Holdings 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.

Lincotrade & Associates Holdings's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=0.38/0.095
=4.00

* 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 4.00 mean?
Lincotrade & Associates Holdings (SGX:BFT) has a PB Ratio of 4.00 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 Lincotrade & Associates Holdings and its competitors. This is 1900% above median its historical median of 0.20. Over the past decade, Lincotrade & Associates Holdings' PB Ratio has ranged from 0.05 to 5.69. According to the industry distribution chart, Lincotrade & Associates Holdings ranks #1448 out of 1726 companies in the Construction industry, placing it in the top 83.9%.
Is Lincotrade & Associates Holdings' PB Ratio too high?
Lincotrade & Associates Holdings' current PB Ratio of 4.00 is 1900% above median its 10-year median of 0.20. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 5.69. The Construction industry median PB Ratio is 1.35. Lincotrade & Associates Holdings' value of 4.00 is 196.3% above this industry median. Based on the distribution chart, Lincotrade & Associates Holdings ranks #1448 out of 1726 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Lincotrade & Associates Holdings has a GF Score™ of 31/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lincotrade & Associates Holdings' PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Lincotrade & Associates Holdings ranks #1448 out of 1726 companies for PB Ratio. This places Lincotrade & Associates Holdings in the lower half of its industry. The industry median PB Ratio is 1.35. Lincotrade & Associates Holdings' value of 4.00 is 196.3% above this benchmark. Historically, Lincotrade & Associates Holdings' own PB Ratio has ranged from 0.05 to 5.69 over the past decade. While the company's 10-year median is 0.20 vs. the industry median of 1.35, Lincotrade & Associates Holdings has consistently been above 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 1,726 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. Lincotrade & Associates Holdings's current PB Ratio of 4.00 is 196.3% above 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 Lincotrade & Associates Holdings 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. Lincotrade & Associates Holdings's current PB Ratio is 4.00, which is 1900% above median its own 10-year median of 0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lincotrade & Associates Holdings stock overvalued right now?
Based on GuruFocus' analysis, Lincotrade & Associates Holdings (SGX:BFT) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.25, compared to a current price of S$0.38 — trading 52% above its estimated fair value. The current PB Ratio is 4.00, which is 1900% above median its 10-year median of 0.20 and 196.3% above the Construction industry median of 1.35. Lincotrade & Associates Holdings' overall GF Score™ is 31/100 with 5 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 Lincotrade & Associates Holdings (SGX:BFT), the current PB Ratio is 4.00 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 Lincotrade & Associates Holdings (SGX:BFT) Overvalued in 2026?

Based on GuruFocus' analysis, Lincotrade & Associates Holdings stock appears to be overvalued. The current stock price of S$0.38 is trading 52% above its estimated GF Value™ of S$0.25. GuruFocus considers Lincotrade & Associates Holdings to be Significantly Overvalued.

Key valuation signals for SGX:BFT:

  • PB Ratio: 4.00 (1900% above median its 10-year median of 0.20)
  • GF Value™: S$0.25 vs. price of S$0.38 (52% above fair value)
  • GF Score™: 31/100 with 5 warning signs
  • Industry Position: 196.3% above the Construction median (#1448 of 1726)

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


Lincotrade & Associates Holdings Business Description

Address 39 Sungei Kadut Loop, Singapore, SGP, 729494
Lincotrade & Associates Holdings Ltd specializes in interior fitting out services, additions and alterations ("A&A") works, and other building construction services. Its segments include commercial premises, such as offices, hotels, shopping malls, and food and beverage establishments; residential premises such as condominium developments; and show flats and sales galleries. The company generates the majority of its revenue from commercial premises. Geographically the company operates in Singapore.
31GF Score

Get the complete analysis for SGX:BFT

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

S$0.38
Price
S$0.25
GF Value