TVB (HKSE:00511) ROE % Adjusted to Book Value: 24.36% (As of Dec. 2025)

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HKSE:00511 TVB Ltd HKSE:00511
58 GF Score
Price HK$2.73
GF Value HK$2.91
Valuation Fairly Valued
! 3 Warning Signs
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What is TVB ROE % Adjusted to Book Value?

TVB HKSE:00511 +5.42% 58 ROE % Adjusted to Book Value is 24.36% as of Dec. 2025. GuruFocus rates HKSE:00511 with a GF Score™ of 58/100 and a GF Value™ of HK$2.91 (Fairly Valued). The stock has 3 warning signs investors should review.

TVB's ROE % for the quarter that ended in Dec. 2025 was 14.86%. TVB's PB Ratio for the quarter that ended in Dec. 2025 was 0.61. TVB's ROE % Adjusted to Book Value for the quarter that ended in Dec. 2025 was 24.36%.


TVB ROE % Adjusted to Book Value Related Terms


TVB ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for TVB's ROE % Adjusted to Book Value 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.

TVB ROE % Adjusted to Book Value Chart

TVB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -29.02 -44.65 -48.82 -31.08 4.23

TVB Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROE % Adjusted to Book Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -48.84 -18.86 -45.49 -13.00 24.36

HKSE:00511 vs NXST: ROE % Adjusted to Book Value Comparison

For the Broadcasting subindustry, TVB's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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.


TVB ROE % Adjusted to Book Value vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, TVB's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where TVB's ROE % Adjusted to Book Value falls into.


HKSE:00511
58GF Score
TVB Ltd HKSE:00511
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TVB ROE % Adjusted to Book Value Calculation

TVB's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=2.58% / 0.61
=4.23%

TVB's ROE % Adjusted to Book Value for the quarter that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=14.86% / 0.61
=24.36%

* 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.

What does a ROE % Adjusted to Book Value of 24.36% mean?
TVB (HKSE:00511) has a ROE % Adjusted to Book Value of 24.36% as of Dec. 2025. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on TVB and its competitors.
Is TVB's ROE % Adjusted to Book Value too high?
TVB's current ROE % Adjusted to Book Value is 24.36%. Overall, TVB has a GF Score™ of 58/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TVB's ROE % Adjusted to Book Value compare to NXST?
TVB's ROE % Adjusted to Book Value of 24.36% can be compared against companies in the Media - Diversified industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for a Media - Diversified company?
A good ROE % Adjusted to Book Value depends on the Media - Diversified industry context. However, ROE % Adjusted to Book Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on TVB and its competitors. TVB's current ROE % Adjusted to Book Value is 24.36%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TVB stock overvalued right now?
Based on GuruFocus' analysis, TVB (HKSE:00511) is currently considered Fairly Valued. The stock's GF Value™ is HK$2.91, compared to a current price of HK$2.73 — trading 6.4% below its estimated fair value. The current ROE % Adjusted to Book Value is 24.36%. TVB's overall GF Score™ is 58/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For TVB (HKSE:00511), the current ROE % Adjusted to Book Value is 24.36% as of Dec. 2025. 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 TVB (HKSE:00511) Overvalued in 2026?

Based on GuruFocus' analysis, TVB stock appears to be undervalued. The current stock price of HK$2.73 is trading 6.4% below its estimated GF Value™ of HK$2.91. GuruFocus considers TVB to be Fairly Valued.

Key valuation signals for HKSE:00511:

  • ROE % Adjusted to Book Value: 24.36%
  • GF Value™: HK$2.91 vs. price of HK$2.73 (6.4% below fair value)
  • GF Score™: 58/100 with 3 warning signs

No single metric tells the full story. See the HKSE:00511 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TVB Business Description

Other Exchanges TVBCY:USA
Address TVB City, 77 Chun Choi Street, Tseung Kwan O Industrial Estate, Kowloon, Hong Kong, HKG
Television Broadcasts Ltd is a Hong Kong-based company whose activities involve terrestrial television broadcasting, together with program production and other television-related activities. Its operating segments include Hong Kong TV broadcasting, Digital Media, Chinese Mainland Operations, and International operations. The company derives a majority of its revenue from the Hong Kong TV broadcasting segment, involving the broadcasting of television programs, commercials on terrestrial TV platforms, production of programs, online social media platforms, music entertainment, events, and digital marketing. The group derives revenue from Hong Kong and other countries, with the prime revenue being derived from Hong Kong.
58GF Score

Get the complete analysis for HKSE:00511

ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$2.73
Price
HK$2.91
GF Value