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Jardine Matheson HoldingsSTU:H4W -2.27%74 PB Ratio is 0.64 as of Jul. 17, 2026, which is 40% below its 10-year median of 1.07. GuruFocus rates STU:H4W with a GF Score™ of 74/100 and a GF Value™ of €35.04 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 549 Conglomerates companies, Jardine Matheson Holdings ranks better than 68.85% on this metric.
The historical rank and industry rank for Jardine Matheson Holdings's PB Ratio or its related term are showing as below:
STU:H4W'
s PB Ratio Range Over the Past 10 Years
Min: 0.34 Med: 1.07 Max: 2.19
Current: 0.63
During the past 13 years, Jardine Matheson Holdings's highest PB Ratio was 2.19. The lowest was 0.34. And the median was 1.07.
STU:H4W's PB Ratio is ranked better than 68.85% of 549
companies
in the Conglomerates industry
Industry Median: 1.05
vs STU:H4W: 0.63
During the past 12 months, Jardine Matheson Holdings's average Book Value Per Share Growth Rate was 2.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -0.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 12.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 16.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Jardine Matheson Holdings was 42.80% per year. The lowest was -7.40% per year. And the median was 9.60% per year.
Back to Basics: PB Ratio
Jardine Matheson Holdings (STU:H4W) PB Ratio Explanation
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.
Jardine Matheson Holdings PB Ratio Related Terms
Jardine Matheson Holdings PB Ratio Historical Data
* 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 Conglomerates subindustry, Jardine Matheson 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.
Jardine Matheson Holdings PB Ratio vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Jardine Matheson Holdings's PB Ratio distribution charts can be found below:
* The bar in red indicates where Jardine Matheson Holdings'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.
Jardine Matheson Holdings (STU:H4W) has a PB Ratio of 0.64 as of Jul. 17, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Jardine Matheson Holdings and its competitors. This is 40% below median its historical median of 1.07. Over the past decade, Jardine Matheson Holdings' PB Ratio has ranged from 0.34 to 2.19. According to the industry distribution chart, Jardine Matheson Holdings ranks #171 out of 549 companies in the Conglomerates industry, placing it in the top 31.1%.
Is Jardine Matheson Holdings' PB Ratio too high?
Jardine Matheson Holdings' current PB Ratio of 0.64 is 40% below median its 10-year median of 1.07. Over the past 10 years, this metric has ranged from a low of 0.34 to a high of 2.19. The Conglomerates industry median PB Ratio is 1.05. Jardine Matheson Holdings' value of 0.64 is 39% below this industry median. Based on the distribution chart, Jardine Matheson Holdings ranks #171 out of 549 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Jardine Matheson Holdings has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jardine Matheson Holdings' PB Ratio compare to HON and MMM?
According to the Conglomerates industry distribution chart, Jardine Matheson Holdings ranks #171 out of 549 companies for PB Ratio. This puts Jardine Matheson Holdings in the upper half of its industry. The industry median PB Ratio is 1.05. Jardine Matheson Holdings' value of 0.64 is 39% below this benchmark. Historically, Jardine Matheson Holdings' own PB Ratio has ranged from 0.34 to 2.19 over the past decade. While the company's 10-year median is 1.07 vs. the industry median of 1.05, Jardine Matheson Holdings 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 Conglomerates company?
The median PB Ratio among Conglomerates companies is 1.05, based on 549 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. Jardine Matheson Holdings's current PB Ratio of 0.64 is 39% 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 Jardine Matheson Holdings and its competitors. For the Conglomerates industry, the median PB Ratio is 1.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jardine Matheson Holdings's current PB Ratio is 0.64, which is 40% below median its own 10-year median of 1.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jardine Matheson Holdings stock overvalued right now?
Based on GuruFocus' analysis, Jardine Matheson Holdings (STU:H4W) is currently considered Significantly Overvalued. The stock's GF Value™ is €35.04, compared to a current price of €53.70 — trading 53.3% above its estimated fair value. The current PB Ratio is 0.64, which is 40% below median its 10-year median of 1.07 and 39% below the Conglomerates industry median of 1.05. Jardine Matheson Holdings' overall GF Score™ is 74/100 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 Jardine Matheson Holdings (STU:H4W), the current PB Ratio is 0.64 as of Jul. 17, 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 Jardine Matheson Holdings (STU:H4W) Overvalued in 2026?
Based on GuruFocus' analysis, Jardine Matheson Holdings stock appears to be overvalued.
The current stock price of €53.70 is trading 53.3% above its estimated GF Value™ of €35.04.
GuruFocus considers Jardine Matheson Holdings to be Significantly Overvalued.
Key valuation signals for STU:H4W:
PB Ratio: 0.64 (40% below median its 10-year median of 1.07)
GF Value™: €35.04 vs. price of €53.70 (53.3% above fair value)
Industry Position: 39% below the Conglomerates median (#171 of 549)
No single metric tells the full story. See the STU:H4W stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jardine Matheson Holdings Ltd is a conglomerate of businesses operating in Greater China and Southeast Asia. The affiliates offer products and services in motor vehicles and related operations, property investment and development, food retailing, home furnishing, engineering and construction, transport services, insurance broking, restaurants, luxury hotels, financial services, heavy equipment, mining, and agribusiness. In terms of net income, key businesses within the group are Hong Kong Land and Dairy Farm, which are property investment firms and food retailers, respectively.
74GF Score
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