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Hotung Investment HoldingsSGX:BLS +1.24%68 PB Ratio is 0.63 as of Jul. 15, 2026, which is 13% above its 10-year median of 0.56. GuruFocus rates SGX:BLS with a GF Score™ of 68/100 and a GF Value™ of S$3.34 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 1,600 Asset Management companies, Hotung Investment Holdings ranks better than 84.31% on this metric.
Hotung Investment Holdings Ltd stock PB Ratio (=0.63) is close to 3-year high of 0.66.
The historical rank and industry rank for Hotung Investment Holdings's PB Ratio or its related term are showing as below:
SGX:BLS'
s PB Ratio Range Over the Past 10 Years
Min: 0.41 Med: 0.56 Max: 0.73
Current: 0.63
During the past 13 years, Hotung Investment Holdings's highest PB Ratio was 0.73. The lowest was 0.41. And the median was 0.56.
SGX:BLS's PB Ratio is ranked better than 84.31% of 1600
companies
in the Asset Management industry
Industry Median: 0.96
vs SGX:BLS: 0.63
During the past 12 months, Hotung Investment Holdings's average Book Value Per Share Growth Rate was -3.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -3.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -4.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -1.90% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Hotung Investment Holdings was 5.50% per year. The lowest was -8.60% per year. And the median was 0.00% per year.
Back to Basics: PB Ratio
Hotung Investment Holdings (SGX:BLS) PB Ratio Explanation
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.
Hotung Investment Holdings PB Ratio Related Terms
Hotung Investment Holdings PB Ratio Historical Data
* 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 Asset Management subindustry, Hotung Investment 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.
Hotung Investment Holdings PB Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Hotung Investment Holdings's PB Ratio distribution charts can be found below:
* The bar in red indicates where Hotung Investment 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.
* 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.
Hotung Investment Holdings (SGX:BLS) has a PB Ratio of 0.63 as of Jul. 15, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Hotung Investment Holdings and its competitors. This is 13% above median its historical median of 0.56. Over the past decade, Hotung Investment Holdings' PB Ratio has ranged from 0.41 to 0.73. According to the industry distribution chart, Hotung Investment Holdings ranks #251 out of 1600 companies in the Asset Management industry, placing it in the top 15.7%.
Is Hotung Investment Holdings' PB Ratio too high?
Hotung Investment Holdings' current PB Ratio of 0.63 is 13% above median its 10-year median of 0.56. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 0.73. The Asset Management industry median PB Ratio is 0.96. Hotung Investment Holdings' value of 0.63 is 34.4% below this industry median. Based on the distribution chart, Hotung Investment Holdings ranks #251 out of 1600 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Hotung Investment Holdings has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hotung Investment Holdings' PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Hotung Investment Holdings ranks #251 out of 1600 companies for PB Ratio. This places Hotung Investment Holdings in the top 16% of its industry — outperforming the majority of peers. The industry median PB Ratio is 0.96. Hotung Investment Holdings' value of 0.63 is 34.4% below this benchmark. Historically, Hotung Investment Holdings' own PB Ratio has ranged from 0.41 to 0.73 over the past decade. While the company's 10-year median is 0.56 vs. the industry median of 0.96, Hotung Investment 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 Asset Management company?
The median PB Ratio among Asset Management companies is 0.96, based on 1,600 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. Hotung Investment Holdings's current PB Ratio of 0.63 is 34.4% 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 Hotung Investment Holdings and its competitors. For the Asset Management industry, the median PB Ratio is 0.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hotung Investment Holdings's current PB Ratio is 0.63, which is 13% above median its own 10-year median of 0.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hotung Investment Holdings stock overvalued right now?
Based on GuruFocus' analysis, Hotung Investment Holdings (SGX:BLS) is currently considered Possible Value Trap. The stock's GF Value™ is S$3.34, compared to a current price of S$1.63 — trading 51.2% below its estimated fair value. The current PB Ratio is 0.63, which is 13% above median its 10-year median of 0.56 and 34.4% below the Asset Management industry median of 0.96. Hotung Investment Holdings' overall GF Score™ is 68/100 with 9 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 Hotung Investment Holdings (SGX:BLS), the current PB Ratio is 0.63 as of Jul. 15, 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 Hotung Investment Holdings (SGX:BLS) Overvalued in 2026?
Based on GuruFocus' analysis, Hotung Investment Holdings stock appears to be undervalued.
The current stock price of S$1.63 is trading 51.2% below its estimated GF Value™ of S$3.34.
GuruFocus considers Hotung Investment Holdings to be Possible Value Trap.
Key valuation signals for SGX:BLS:
PB Ratio: 0.63 (13% above median its 10-year median of 0.56)
GF Value™: S$3.34 vs. price of S$1.63 (51.2% below fair value)
Industry Position: 34.4% below the Asset Management median (#251 of 1600)
No single metric tells the full story. See the SGX:BLS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hotung Investment Holdings Ltd is a venture capital investment company. It focuses on start-up and expansion-stage companies mainly located in Taiwan, China, and Silicon Valley. The company operates through two segments namely Investment and Fund management. Its Investment segment derives majority revenue converges on achieving capital appreciation by investing in a balanced and diversified portfolio. The Fund management segment is involved in providing investment consultancy and advisory services to entities within the group.
68GF Score
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