Hong Lai Huat Group (SGX:CTO) PB Ratio: 0.32 (As of Jul. 30, 2026) — 23% 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.

What is Hong Lai Huat Group PB Ratio?

Hong Lai Huat Group SGX:CTO PB Ratio is 0.32 as of Jul. 30, 2026, which is 23% above its 10-year median of 0.26. The stock has 1 warning sign investors should review. Among 1,711 Real Estate companies, Hong Lai Huat Group ranks better than 82.99% 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 (2026-07-30), Hong Lai Huat Group's share price is S$0.072. Hong Lai Huat Group's Book Value per Share for the quarter that ended in Dec. 2025 was S$0.22. Hence, Hong Lai Huat Group's PB Ratio of today is 0.32.

The historical rank and industry rank for Hong Lai Huat Group's PB Ratio or its related term are showing as below:

SGX:CTO' s PB Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.26   Max: 0.65
Current: 0.32

During the past 13 years, Hong Lai Huat Group's highest PB Ratio was 0.65. The lowest was 0.11. And the median was 0.26.

SGX:CTO's PB Ratio is ranked better than
82.99% of 1711 companies
in the Real Estate industry
Industry Median: 0.8 vs SGX:CTO: 0.32

During the past 12 months, Hong Lai Huat Group's average Book Value Per Share Growth Rate was 10.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -5.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -13.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -11.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Hong Lai Huat Group was 35.60% per year. The lowest was -23.40% per year. And the median was -6.30% per year.

Back to Basics: PB Ratio


Hong Lai Huat Group  (SGX:CTO) 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.


Hong Lai Huat Group PB Ratio Related Terms


Hong Lai Huat Group PB Ratio Historical Data

* Premium members only.

The historical data trend for Hong Lai Huat Group'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.

Hong Lai Huat Group PB Ratio Chart

Hong Lai Huat Group 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 0.35 0.26 0.26 0.30 0.34

Hong Lai Huat Group 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 0.26 0.16 0.30 0.23 0.34

Hong Lai Huat Group PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, Hong Lai Huat Group'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.


Hong Lai Huat Group PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Hong Lai Huat Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where Hong Lai Huat Group's PB Ratio falls into.



Hong Lai Huat Group 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.

Hong Lai Huat Group's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=0.072/0.224
=0.32

* 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 0.32 mean?
Hong Lai Huat Group (SGX:CTO) has a PB Ratio of 0.32 as of Jul. 30, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Hong Lai Huat Group and its competitors. This is 23% above median its historical median of 0.26. Over the past decade, Hong Lai Huat Group's PB Ratio has ranged from 0.11 to 0.65. According to the industry distribution chart, Hong Lai Huat Group ranks #291 out of 1711 companies in the Real Estate industry, placing it in the top 17%.
Is Hong Lai Huat Group's PB Ratio too high?
Hong Lai Huat Group's current PB Ratio of 0.32 is 23% above median its 10-year median of 0.26. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 0.65. The Real Estate industry median PB Ratio is 0.80. Hong Lai Huat Group's value of 0.32 is 60% below this industry median. Based on the distribution chart, Hong Lai Huat Group ranks #291 out of 1711 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers.
How does Hong Lai Huat Group's PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Hong Lai Huat Group ranks #291 out of 1711 companies for PB Ratio. This places Hong Lai Huat Group in the top 17% of its industry — outperforming the majority of peers. The industry median PB Ratio is 0.80. Hong Lai Huat Group's value of 0.32 is 60% below this benchmark. Historically, Hong Lai Huat Group's own PB Ratio has ranged from 0.11 to 0.65 over the past decade. While the company's 10-year median is 0.26 vs. the industry median of 0.80, Hong Lai Huat Group 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 Real Estate company?
The median PB Ratio among Real Estate companies is 0.80, based on 1,711 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. Hong Lai Huat Group's current PB Ratio of 0.32 is 60% 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 Hong Lai Huat Group and its competitors. For the Real Estate industry, the median PB Ratio is 0.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hong Lai Huat Group's current PB Ratio is 0.32, which is 23% above median its own 10-year median of 0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hong Lai Huat Group stock overvalued right now?
Hong Lai Huat Group (SGX:CTO) has a current PB Ratio of 0.32. The current PB Ratio is 0.32, which is 23% above median its 10-year median of 0.26 and 60% below the Real Estate industry median of 0.80. 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 Hong Lai Huat Group (SGX:CTO), the current PB Ratio is 0.32 as of Jul. 30, 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.

Hong Lai Huat Group Business Description

Address 10 Bukit Batok Crescent, No 13-05, The Spire Building, Singapore, SGP, 658079
Hong Lai Huat Group Ltd is engaged in property development and real estate division, which is carrying on the business of investment and prime development of commercial and residential properties. It also operates the Marble mining division which carries business of exploration, extraction, processing and sale of marble and other related stone materials. The division includes quarrying activities, production of marble blocks and slabs, and the marketing and distribution of marble products to domestic and international markets. and the others segments, engaged in the business of investment holding generating income from management services provided to related companies and other subsidiaries.