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Sheng Siong GroupSGX:OV8 -1.23%83 PB Ratio is 7.86 as of Aug. 21, 2026, which is 36% above its 10-year median of 5.80. GuruFocus rates SGX:OV8 with a GF Score™ of 83/100 and a GF Value™ of S$1.98 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 304 Retail - Defensive companies, Sheng Siong Group ranks worse than 91.78% on this metric.
Sheng Siong Group Ltd stock PB Ratio (=7.89) is close to 5-year high of 8.54.
The historical rank and industry rank for Sheng Siong Group's PB Ratio or its related term are showing as below:
SGX:OV8'
s PB Ratio Range Over the Past 10 Years
Min: 4.48 Med: 5.8 Max: 8.8
Current: 7.87
During the past 13 years, Sheng Siong Group's highest PB Ratio was 8.80. The lowest was 4.48. And the median was 5.80.
SGX:OV8's PB Ratio is ranked worse than 91.78% of 304
companies
in the Retail - Defensive industry
Industry Median: 1.685
vs SGX:OV8: 7.87
During the past 12 months, Sheng Siong Group's average Book Value Per Share Growth Rate was 9.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 9.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 9.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 9.90% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Sheng Siong Group was 50.00% per year. The lowest was 4.70% per year. And the median was 11.30% per year.
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.
Sheng Siong Group PB Ratio Related Terms
Sheng Siong Group PB Ratio Historical Data
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The historical data trend for Sheng Siong 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.
For the Grocery Stores subindustry, Sheng Siong 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.
Sheng Siong Group PB Ratio vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Sheng Siong Group's PB Ratio distribution charts can be found below:
* The bar in red indicates where Sheng Siong Group'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.
Sheng Siong Group (SGX:OV8) has a PB Ratio of 7.86 as of Aug. 21, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Sheng Siong Group and its competitors. This is 36% above median its historical median of 5.80. Over the past decade, Sheng Siong Group's PB Ratio has ranged from 4.48 to 8.80. According to the industry distribution chart, Sheng Siong Group ranks #279 out of 304 companies in the Retail - Defensive industry, placing it in the top 91.8%.
Is Sheng Siong Group's PB Ratio too high?
Sheng Siong Group's current PB Ratio of 7.86 is 36% above median its 10-year median of 5.80. Over the past 10 years, this metric has ranged from a low of 4.48 to a high of 8.80. The Retail - Defensive industry median PB Ratio is 1.69. Sheng Siong Group's value of 7.86 is 366.5% above this industry median. Based on the distribution chart, Sheng Siong Group ranks #279 out of 304 companies in the Retail - Defensive industry, which is in the bottom quartile relative to peers. Overall, Sheng Siong Group has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sheng Siong Group's PB Ratio compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, Sheng Siong Group ranks #279 out of 304 companies for PB Ratio. This places Sheng Siong Group in the lower half of its industry. The industry median PB Ratio is 1.69. Sheng Siong Group's value of 7.86 is 366.5% above this benchmark. Historically, Sheng Siong Group's own PB Ratio has ranged from 4.48 to 8.80 over the past decade. While the company's 10-year median is 5.80 vs. the industry median of 1.69, Sheng Siong Group 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 Retail - Defensive company?
The median PB Ratio among Retail - Defensive companies is 1.69, based on 304 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. Sheng Siong Group's current PB Ratio of 7.86 is 366.5% 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 Sheng Siong Group and its competitors. For the Retail - Defensive industry, the median PB Ratio is 1.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sheng Siong Group's current PB Ratio is 7.86, which is 36% above median its own 10-year median of 5.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sheng Siong Group stock overvalued right now?
Based on GuruFocus' analysis, Sheng Siong Group (SGX:OV8) is currently considered Significantly Overvalued. The stock's GF Value™ is S$1.98, compared to a current price of S$3.20 — trading 61.6% above its estimated fair value. The current PB Ratio is 7.86, which is 36% above median its 10-year median of 5.80 and 366.5% above the Retail - Defensive industry median of 1.69. Sheng Siong Group's overall GF Score™ is 83/100 with 4 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 Sheng Siong Group (SGX:OV8), the current PB Ratio is 7.86 as of Aug. 21, 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 Sheng Siong Group (SGX:OV8) Overvalued in 2026?
Based on GuruFocus' analysis, Sheng Siong Group stock appears to be overvalued.
The current stock price of S$3.20 is trading 61.6% above its estimated GF Value™ of S$1.98.
GuruFocus considers Sheng Siong Group to be Significantly Overvalued.
Key valuation signals for SGX:OV8:
PB Ratio: 7.86 (36% above median its 10-year median of 5.80)
GF Value™: S$1.98 vs. price of S$3.20 (61.6% above fair value)
Industry Position: 366.5% above the Retail - Defensive median (#279 of 304)
No single metric tells the full story. See the SGX:OV8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sheng Siong Group Ltd is a Singapore-based company that is principally engaged in the retail business. The company operates through the Sheng Siong Groceries chain, with stores located across Singapore. The company offers "wet and dry" merchandise, including fresh and chilled goods (such as seafood, meat, and vegetables), processed, frozen, and preserved food products, and general merchandise (like toiletries and essential household products). The company has its own distribution network, food-processing facilities, and warehousing facilities. The Group operates in one segment, which relates to the provision of supermarket supplies and supermarket operations. The Groups operations are mainly located in Singapore.
83GF Score
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