Assembly Place Holdings (SGX:TAP) PB Ratio: 3.14 (As of Jul. 16, 2026) — Near 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:TAP Assembly Place Holdings Ltd SGX:TAP
12 GF Score
Price S$0.22
! 3 Warning Signs
View Full Analysis

What is Assembly Place Holdings PB Ratio?

Assembly Place Holdings SGX:TAP 12 PB Ratio is 3.14 as of Jul. 16, 2026, which is 8% below its 10-year median of 3.43. GuruFocus rates SGX:TAP with a GF Score™ of 12/100. The stock has 3 warning signs investors should review. Among 1,712 Real Estate companies, Assembly Place Holdings ranks worse than 90.01% 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 (2026-07-16), Assembly Place Holdings's share price is S$0.22. Assembly Place Holdings's Book Value per Share for the quarter that ended in Dec. 2025 was S$0.07. Hence, Assembly Place Holdings's PB Ratio of today is 3.14.

Good Sign:

Assembly Place Holdings Ltd stock PB Ratio (=3.21) is close to 1-year low of 3.21.

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

SGX:TAP' s PB Ratio Range Over the Past 10 Years
Min: 3.14   Med: 3.43   Max: 4.21
Current: 3.14

During the past 4 years, Assembly Place Holdings's highest PB Ratio was 4.21. The lowest was 3.14. And the median was 3.43.

SGX:TAP's PB Ratio is ranked worse than
90.01% of 1712 companies
in the Real Estate industry
Industry Median: 0.82 vs SGX:TAP: 3.14

During the past 12 months, Assembly Place Holdings's average Book Value Per Share Growth Rate was 94.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 44.90% per year.

During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of Assembly Place Holdings was 44.90% per year. The lowest was 44.90% per year. And the median was 44.90% per year.

Back to Basics: PB Ratio


Assembly Place Holdings  (SGX:TAP) 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.


Assembly Place Holdings PB Ratio Related Terms


Assembly Place Holdings PB Ratio Historical Data

* Premium members only.

The historical data trend for Assembly Place 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.

Assembly Place Holdings PB Ratio Chart

Assembly Place Holdings Annual Data
Trend Dec22 Dec23 Dec24 Dec25
PB Ratio
0.00 0.00 0.00 0.00

Assembly Place Holdings Semi-Annual Data
Dec22 Dec23 Jun24 Dec24 Jun25 Dec25
PB Ratio Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

SGX:TAP vs CBRE, BEKE, JLL: PB Ratio Comparison

For the Real Estate Services subindustry, Assembly Place 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.


Assembly Place Holdings PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Assembly Place Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where Assembly Place Holdings's PB Ratio falls into.


SGX:TAP
12GF Score
Assembly Place Holdings Ltd SGX:TAP
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Assembly Place 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.

Assembly Place Holdings's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=0.22/0.07
=3.14

* 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 3.14 mean?
Assembly Place Holdings (SGX:TAP) has a PB Ratio of 3.14 as of Jul. 16, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Assembly Place Holdings and its competitors. This is near median its historical median of 3.43. Over the past decade, Assembly Place Holdings' PB Ratio has ranged from 3.14 to 4.21. According to the industry distribution chart, Assembly Place Holdings ranks #1541 out of 1712 companies in the Real Estate industry, placing it in the top 90%.
Is Assembly Place Holdings' PB Ratio too high?
Assembly Place Holdings' current PB Ratio of 3.14 is near median its 10-year median of 3.43. Over the past 10 years, this metric has ranged from a low of 3.14 to a high of 4.21. The Real Estate industry median PB Ratio is 0.82. Assembly Place Holdings' value of 3.14 is 282.9% above this industry median. Based on the distribution chart, Assembly Place Holdings ranks #1541 out of 1712 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Assembly Place Holdings has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Assembly Place Holdings' PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Assembly Place Holdings ranks #1541 out of 1712 companies for PB Ratio. This places Assembly Place Holdings in the lower half of its industry. The industry median PB Ratio is 0.82. Assembly Place Holdings' value of 3.14 is 282.9% above this benchmark. Historically, Assembly Place Holdings' own PB Ratio has ranged from 3.14 to 4.21 over the past decade. While the company's 10-year median is 3.43 vs. the industry median of 0.82, Assembly Place 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 Real Estate company?
The median PB Ratio among Real Estate companies is 0.82, based on 1,712 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. Assembly Place Holdings's current PB Ratio of 3.14 is 282.9% 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 Assembly Place Holdings 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. Assembly Place Holdings's current PB Ratio is 3.14, which is near median its own 10-year median of 3.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Assembly Place Holdings stock overvalued right now?
Assembly Place Holdings (SGX:TAP) has a current PB Ratio of 3.14. The current PB Ratio is 3.14, which is near median its 10-year median of 3.43 and 282.9% above the Real Estate industry median of 0.82. Assembly Place Holdings' overall GF Score™ is 12/100 with 3 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 Assembly Place Holdings (SGX:TAP), the current PB Ratio is 3.14 as of Jul. 16, 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.

Assembly Place Holdings Business Description

Address 51 Middle Road, No. 06-01 FM Building, Singapore, SGP, 188959
Assembly Place Holdings Ltd is an investment holding company. Along with its subsidiaries, the company is engaged in the provision of community-driven living accommodation and property management services. Its business comprises three key segments: Community-driven stays - operates and manages residential and other types of property assets to offer its members community-driven living solutions; Other Property-related Services offer value-added services such as referral services and project management services to property asset owners; and Investments - acquires minority ownership interests in companies that own property assets. It generates the majority of its revenue from the community-driven stays segment. Geographically, it operates only in Singapore.
12GF Score

Get the complete analysis for SGX:TAP

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

S$0.22
Price