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Hla GroupSHSE:600398 -0.17%87 PB Ratio is 1.49 as of Jul. 25, 2026, which is 31% below its 10-year median of 2.17. GuruFocus rates SHSE:600398 with a GF Score™ of 87/100 and a GF Value™ of ¥7.75 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,001 Manufacturing - Apparel & Accessories companies, Hla Group ranks worse than 63.14% 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 (2026-07-25), Hla Group's share price is ¥5.98. Hla Group's Book Value per Share for the quarter that ended in Mar. 2026 was ¥4.01. Hence, Hla Group's PB Ratio of today is 1.49.
Good Sign:
Hla Group Corp Ltd stock PB Ratio (=1.47) is close to 3-year low of 1.34.
The historical rank and industry rank for Hla Group's PB Ratio or its related term are showing as below:
SHSE:600398'
s PB Ratio Range Over the Past 10 Years
Min: 1.22 Med: 2.17 Max: 6.31
Current: 1.49
During the past 13 years, Hla Group's highest PB Ratio was 6.31. The lowest was 1.22. And the median was 2.17.
SHSE:600398's PB Ratio is ranked worse than 63.14% of 1001
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.06
vs SHSE:600398: 1.49
During the past 12 months, Hla Group's average Book Value Per Share Growth Rate was 7.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 4.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 3.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 6.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Hla Group was 252.20% per year. The lowest was -24.30% per year. And the median was 7.90% 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.
Hla Group PB Ratio Related Terms
Hla Group PB Ratio Historical Data
* Premium members only.
The historical data trend for Hla 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 Apparel Manufacturing subindustry, Hla 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.
Hla Group PB Ratio vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Hla Group's PB Ratio distribution charts can be found below:
* The bar in red indicates where Hla 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.
Hla Group's PB Ratio for today is calculated as follows:
* 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.
Hla Group (SHSE:600398) has a PB Ratio of 1.49 as of Jul. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Hla Group and its competitors. This is 31% below median its historical median of 2.17. Over the past decade, Hla Group's PB Ratio has ranged from 1.22 to 6.31. According to the industry distribution chart, Hla Group ranks #632 out of 1001 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 63.1%.
Is Hla Group's PB Ratio too high?
Hla Group's current PB Ratio of 1.49 is 31% below median its 10-year median of 2.17. Over the past 10 years, this metric has ranged from a low of 1.22 to a high of 6.31. The Manufacturing - Apparel & Accessories industry median PB Ratio is 1.06. Hla Group's value of 1.49 is 40.6% above this industry median. Based on the distribution chart, Hla Group ranks #632 out of 1001 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Hla Group has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hla Group's PB Ratio compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Hla Group ranks #632 out of 1001 companies for PB Ratio. This places Hla Group in the lower half of its industry. The industry median PB Ratio is 1.06. Hla Group's value of 1.49 is 40.6% above this benchmark. Historically, Hla Group's own PB Ratio has ranged from 1.22 to 6.31 over the past decade. While the company's 10-year median is 2.17 vs. the industry median of 1.06, Hla 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 Manufacturing - Apparel & Accessories company?
The median PB Ratio among Manufacturing - Apparel & Accessories companies is 1.06, based on 1,001 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. Hla Group's current PB Ratio of 1.49 is 40.6% 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 Hla Group and its competitors. For the Manufacturing - Apparel & Accessories industry, the median PB Ratio is 1.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hla Group's current PB Ratio is 1.49, which is 31% below median its own 10-year median of 2.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hla Group stock overvalued right now?
Based on GuruFocus' analysis, Hla Group (SHSE:600398) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥7.75, compared to a current price of ¥5.98 — trading 22.8% below its estimated fair value. The current PB Ratio is 1.49, which is 31% below median its 10-year median of 2.17 and 40.6% above the Manufacturing - Apparel & Accessories industry median of 1.06. Hla Group's overall GF Score™ is 87/100 with 2 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 Hla Group (SHSE:600398), the current PB Ratio is 1.49 as of Jul. 25, 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 Hla Group (SHSE:600398) Overvalued in 2026?
Based on GuruFocus' analysis, Hla Group stock appears to be undervalued.
The current stock price of ¥5.98 is trading 22.8% below its estimated GF Value™ of ¥7.75.
GuruFocus considers Hla Group to be Modestly Undervalued.
Key valuation signals for SHSE:600398:
PB Ratio: 1.49 (31% below median its 10-year median of 2.17)
GF Value™: ¥7.75 vs. price of ¥5.98 (22.8% below fair value)
Industry Position: 40.6% above the Manufacturing - Apparel & Accessories median (#632 of 1001)
No single metric tells the full story. See the SHSE:600398 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hla Group Corp Ltd is a Chinese clothing company. Its businesses include the operation of brand clothes, the production, and sales of upscale suits and professional clothing. Its brand clothing management includes brand management, supply chain management, and marketing network management. The company operates product brands including HLA, HLA Group Buying, OVV, Yingshi YeeHoO, and HLA Optimal Selection. The company offers men's clothing, women's clothing, and accessories.
87GF Score
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