The Wharf (Holdings)WARFF 65 PB Ratio is 0.48 as of Jun. 27, 2026, which is 9% above its 10-year median of 0.44. GuruFocus rates WARFF with a GF Score™ of 65/100 and a GF Value™ of $2.05 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,712 Real Estate companies, The Wharf (Holdings) ranks better than 79.44% on this metric.
The Wharf (Holdings) Ltd stock PB Ratio (=0.39) is close to 2-year low of 0.39.
The historical rank and industry rank for The Wharf (Holdings)'s PB Ratio or its related term are showing as below:
WARFF'
s PB Ratio Range Over the Past 10 Years
Min: 0.14 Med: 0.44 Max: 0.69
Current: 0.39
During the past 13 years, The Wharf (Holdings)'s highest PB Ratio was 0.69. The lowest was 0.14. And the median was 0.44.
WARFF's PB Ratio is ranked better than 79.44% of 1712
companies
in the Real Estate industry
Industry Median: 0.82
vs WARFF: 0.39
During the past 12 months, The Wharf (Holdings)'s average Book Value Per Share Growth Rate was 7.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -1.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -2.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -6.00% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of The Wharf (Holdings) was 24.20% per year. The lowest was -24.10% per year. And the median was 6.10% per year.
Back to Basics: PB Ratio
The Wharf (Holdings) (OTCPK:WARFF) 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.
The Wharf (Holdings) PB Ratio Related Terms
The Wharf (Holdings) PB Ratio Historical Data
* Premium members only.
The historical data trend for The Wharf (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.
The Wharf (Holdings) PB Ratio Competitor Comparison
For the Real Estate - Development subindustry, The Wharf (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.
The Wharf (Holdings) PB Ratio vs Real Estate Industry
For the Real Estate industry and Real Estate sector, The Wharf (Holdings)'s PB Ratio distribution charts can be found below:
* The bar in red indicates where The Wharf (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.
The Wharf (Holdings) (WARFF) has a PB Ratio of 0.48 as of Jun. 27, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on The Wharf (Holdings) and its competitors. This is near median its historical median of 0.44. Over the past decade, The Wharf (Holdings)'s PB Ratio has ranged from 0.14 to 0.69. According to the industry distribution chart, The Wharf (Holdings) ranks #352 out of 1712 companies in the Real Estate industry, placing it in the top 20.6%.
Is The Wharf (Holdings)'s PB Ratio too high?
The Wharf (Holdings)'s current PB Ratio of 0.48 is near median its 10-year median of 0.44. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 0.69. The Real Estate industry median PB Ratio is 0.82. The Wharf (Holdings)'s value of 0.48 is 41.5% below this industry median. Based on the distribution chart, The Wharf (Holdings) ranks #352 out of 1712 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, The Wharf (Holdings) has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does The Wharf (Holdings)'s PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, The Wharf (Holdings) ranks #352 out of 1712 companies for PB Ratio. This places The Wharf (Holdings) in the top 21% of its industry — outperforming the majority of peers. The industry median PB Ratio is 0.82. The Wharf (Holdings)'s value of 0.48 is 41.5% below this benchmark. Historically, The Wharf (Holdings)'s own PB Ratio has ranged from 0.14 to 0.69 over the past decade. While the company's 10-year median is 0.44 vs. the industry median of 0.82, The Wharf (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 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. The Wharf (Holdings)'s current PB Ratio of 0.48 is 41.5% 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 The Wharf (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. The Wharf (Holdings)'s current PB Ratio is 0.48, which is near median its own 10-year median of 0.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Wharf (Holdings) stock overvalued right now?
Based on GuruFocus' analysis, The Wharf (Holdings) (WARFF) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.05, compared to a current price of $2.99 — trading 45.7% above its estimated fair value. The current PB Ratio is 0.48, which is near median its 10-year median of 0.44 and 41.5% below the Real Estate industry median of 0.82. The Wharf (Holdings)'s overall GF Score™ is 65/100 with 6 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 The Wharf (Holdings) (WARFF), the current PB Ratio is 0.48 as of Jun. 27, 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 The Wharf (Holdings) (WARFF) Overvalued in 2026?
Based on GuruFocus' analysis, The Wharf (Holdings) stock appears to be overvalued.
The current stock price of $2.99 is trading 45.7% above its estimated GF Value™ of $2.05.
GuruFocus considers The Wharf (Holdings) to be Significantly Overvalued.
Key valuation signals for WARFF:
PB Ratio: 0.48 (near median its 10-year median of 0.44)
GF Value™: $2.05 vs. price of $2.99 (45.7% above fair value)
Industry Position: 41.5% below the Real Estate median (#352 of 1712)
No single metric tells the full story. See the WARFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
The Wharf (Holdings) Ltd has determined five reportable operating segments for measuring performance and allocating resources. The segments are investment properties, development properties, hotels, logistics, and investments. The investment properties segment mainly includes property leasing & management operations. The development properties segment encompasses activities relating to the acquisition, development, sales, and marketing of the Group's trading properties. The hotel segment includes hotel management in Asia. The logistics segment mainly includes container terminal operations. The investment segment includes a diversified portfolio of listed equity investments. The majority is from the Development Properties segment. Geographically, the majority is from Mainland China.
65GF Score
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