Ho Bee Land (SGX:H13) PB Ratio: 0.36 (As of Aug. 30, 2026) — 20% Below 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.
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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:H13 Ho Bee Land Ltd SGX:H13
84 GF Score
Price S$2.04
GF Value S$2.05
Valuation Fairly Valued
! 8 Warning Signs
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What is Ho Bee Land PB Ratio?

Ho Bee Land SGX:H13 -0.49% 84 PB Ratio is 0.36 as of Aug. 30, 2026, which is 20% below its 10-year median of 0.45. GuruFocus rates SGX:H13 with a GF Score™ of 84/100 and a GF Value™ of S$2.05 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,714 Real Estate companies, Ho Bee Land ranks better than 81.27% 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 (2026-08-30), Ho Bee Land's share price is S$2.04. Ho Bee Land's Book Value per Share for the quarter that ended in Jun. 2026 was S$5.72. Hence, Ho Bee Land's PB Ratio of today is 0.36.

The historical rank and industry rank for Ho Bee Land's PB Ratio or its related term are showing as below:

SGX:H13' s PB Ratio Range Over the Past 10 Years
Min: 0.3   Med: 0.45   Max: 0.59
Current: 0.36

During the past 13 years, Ho Bee Land's highest PB Ratio was 0.59. The lowest was 0.30. And the median was 0.45.

SGX:H13's PB Ratio is ranked better than
81.27% of 1714 companies
in the Real Estate industry
Industry Median: 0.82 vs SGX:H13: 0.36

During the past 12 months, Ho Bee Land's average Book Value Per Share Growth Rate was 2.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -1.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -0.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 3.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Ho Bee Land was 33.90% per year. The lowest was -2.10% per year. And the median was 8.15% per year.

Back to Basics: PB Ratio


Ho Bee Land  (SGX:H13) 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.


Ho Bee Land PB Ratio Related Terms


Ho Bee Land PB Ratio Historical Data

* Premium members only.

The historical data trend for Ho Bee Land'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.

Ho Bee Land PB Ratio Chart

Ho Bee Land 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 0.47 0.41 0.33 0.33 0.39

Ho Bee Land 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 0.34 0.33 0.36 0.39 0.36

Ho Bee Land PB Ratio Competitor Comparison

For the Real Estate - Diversified subindustry, Ho Bee Land'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.


Ho Bee Land PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Ho Bee Land's PB Ratio distribution charts can be found below:

* The bar in red indicates where Ho Bee Land's PB Ratio falls into.


SGX:H13
84GF Score
Ho Bee Land Ltd SGX:H13
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ho Bee Land 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.

Ho Bee Land's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2026)
=2.04/5.724
=0.36

* 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 0.36 mean?
Ho Bee Land (SGX:H13) has a PB Ratio of 0.36 as of Aug. 30, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Ho Bee Land and its competitors. This is 20% below median its historical median of 0.45. Over the past decade, Ho Bee Land's PB Ratio has ranged from 0.30 to 0.59. According to the industry distribution chart, Ho Bee Land ranks #321 out of 1714 companies in the Real Estate industry, placing it in the top 18.7%.
Is Ho Bee Land's PB Ratio too high?
Ho Bee Land's current PB Ratio of 0.36 is 20% below median its 10-year median of 0.45. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 0.59. The Real Estate industry median PB Ratio is 0.82. Ho Bee Land's value of 0.36 is 56.1% below this industry median. Based on the distribution chart, Ho Bee Land ranks #321 out of 1714 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Ho Bee Land has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ho Bee Land's PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Ho Bee Land ranks #321 out of 1714 companies for PB Ratio. This places Ho Bee Land in the top 19% of its industry — outperforming the majority of peers. The industry median PB Ratio is 0.82. Ho Bee Land's value of 0.36 is 56.1% below this benchmark. Historically, Ho Bee Land's own PB Ratio has ranged from 0.30 to 0.59 over the past decade. While the company's 10-year median is 0.45 vs. the industry median of 0.82, Ho Bee Land 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 0.82, based on 1,714 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. Ho Bee Land's current PB Ratio of 0.36 is 56.1% 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 Ho Bee Land and its competitors. For the Real Estate industry, the median PB Ratio is 0.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ho Bee Land's current PB Ratio is 0.36, which is 20% below median its own 10-year median of 0.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ho Bee Land stock overvalued right now?
Based on GuruFocus' analysis, Ho Bee Land (SGX:H13) is currently considered Fairly Valued. The stock's GF Value™ is S$2.05, compared to a current price of S$2.04 — trading 0.5% below its estimated fair value. The current PB Ratio is 0.36, which is 20% below median its 10-year median of 0.45 and 56.1% below the Real Estate industry median of 0.82. Ho Bee Land's overall GF Score™ is 84/100 with 8 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 Ho Bee Land (SGX:H13), the current PB Ratio is 0.36 as of Aug. 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.

Is Ho Bee Land (SGX:H13) Overvalued in 2026?

Based on GuruFocus' analysis, Ho Bee Land stock appears to be undervalued. The current stock price of S$2.04 is trading 0.5% below its estimated GF Value™ of S$2.05. GuruFocus considers Ho Bee Land to be Fairly Valued.

Key valuation signals for SGX:H13:

  • PB Ratio: 0.36 (20% below median its 10-year median of 0.45)
  • GF Value™: S$2.05 vs. price of S$2.04 (0.5% below fair value)
  • GF Score™: 84/100 with 8 warning signs
  • Industry Position: 56.1% below the Real Estate median (#321 of 1714)

No single metric tells the full story. See the SGX:H13 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ho Bee Land Business Description

Address 9 North Buona Vista Drive, No.11-01 The Metropolis Tower 1, Singapore, SGP, 138588
Ho Bee Land Ltd is a Singapore-based company principally engaged in the real estate sector. The Group's reportable segments include property investment and property development, which cover the development and trading of properties as well as property investment activities. The company generates maximum revenue from its property investment segment, particularly from its investment properties. Ho Bee Land Ltd operates in Singapore, the United Kingdom, China, and Australia, which contribute the maximum revenue.
84GF Score

Get the complete analysis for SGX:H13

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

S$2.04
Price
S$2.05
GF Value