TBK & Sons Holdings (HKSE:01960) ROE % Adjusted to Book Value: 1.44% (As of Dec. 2025)

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.

HKSE:01960 TBK & Sons Holdings Ltd HKSE:01960
41 GF Score
Price HK$0.33
GF Value HK$0.08
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is TBK & Sons Holdings ROE % Adjusted to Book Value?

TBK & Sons Holdings HKSE:01960 -5.71% 41 ROE % Adjusted to Book Value is 1.44% as of Dec. 2025. GuruFocus rates HKSE:01960 with a GF Score™ of 41/100 and a GF Value™ of HK$0.08 (Significantly Overvalued). The stock has 4 warning signs investors should review.

TBK & Sons Holdings's ROE % for the quarter that ended in Dec. 2025 was 2.45%. TBK & Sons Holdings's PB Ratio for the quarter that ended in Dec. 2025 was 1.70. TBK & Sons Holdings's ROE % Adjusted to Book Value for the quarter that ended in Dec. 2025 was 1.44%.


TBK & Sons Holdings ROE % Adjusted to Book Value Related Terms


TBK & Sons Holdings ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for TBK & Sons Holdings'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.

TBK & Sons Holdings ROE % Adjusted to Book Value Chart

TBK & Sons Holdings Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 4.89 -3.92 -18.35 -33.50

TBK & Sons Holdings Semi-Annual Data
Jun16 Jun17 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 -8.56 -26.48 -17.19 -53.24 1.44

HKSE:01960 vs MPC, VLO, PSX: ROE % Adjusted to Book Value Comparison

For the Oil & Gas Refining & Marketing subindustry, TBK & Sons Holdings'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.


TBK & Sons Holdings ROE % Adjusted to Book Value vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, TBK & Sons Holdings's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where TBK & Sons Holdings's ROE % Adjusted to Book Value falls into.


HKSE:01960
41GF Score
TBK & Sons Holdings Ltd HKSE:01960
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TBK & Sons Holdings ROE % Adjusted to Book Value Calculation

TBK & Sons Holdings's ROE % Adjusted to Book Value for the fiscal year that ended in Jun. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=-31.49% / 0.94
=-33.50%

TBK & Sons Holdings'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
=2.45% / 1.70
=1.44%

* 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 1.44% mean?
TBK & Sons Holdings (HKSE:01960) has a ROE % Adjusted to Book Value of 1.44% 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 TBK & Sons Holdings and its competitors.
Is TBK & Sons Holdings' ROE % Adjusted to Book Value too high?
TBK & Sons Holdings' current ROE % Adjusted to Book Value is 1.44%. Overall, TBK & Sons Holdings has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TBK & Sons Holdings' ROE % Adjusted to Book Value compare to MPC and VLO?
TBK & Sons Holdings' ROE % Adjusted to Book Value of 1.44% can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good ROE % Adjusted to Book Value depends on the Oil & Gas 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 TBK & Sons Holdings and its competitors. TBK & Sons Holdings's current ROE % Adjusted to Book Value is 1.44%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TBK & Sons Holdings stock overvalued right now?
Based on GuruFocus' analysis, TBK & Sons Holdings (HKSE:01960) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.08, compared to a current price of HK$0.33 — trading 312.5% above its estimated fair value. The current ROE % Adjusted to Book Value is 1.44%. TBK & Sons Holdings' overall GF Score™ is 41/100 with 4 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 TBK & Sons Holdings (HKSE:01960), the current ROE % Adjusted to Book Value is 1.44% 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 TBK & Sons Holdings (HKSE:01960) Overvalued in 2026?

Based on GuruFocus' analysis, TBK & Sons Holdings stock appears to be overvalued. The current stock price of HK$0.33 is trading 312.5% above its estimated GF Value™ of HK$0.08. GuruFocus considers TBK & Sons Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:01960:

  • ROE % Adjusted to Book Value: 1.44%
  • GF Value™: HK$0.08 vs. price of HK$0.33 (312.5% above fair value)
  • GF Score™: 41/100 with 4 warning signs

No single metric tells the full story. See the HKSE:01960 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TBK & Sons Holdings Business Description

Industry EnergyOil & Gas
Address Batu 2 Jalan Seremban, Lot 333, Kampung Paya, Port Dickson, NSN, MYS, 71000
TBK & Sons Holdings Ltd is an investment holding company. Its reportable operating segments are: Site preparation works projects, Construction and renovation works projects, Civil works projects, Building works projects, and Trading of oil and related products, Construction and renovation works project. The majority of revenue is fromCivil works projectsCivil works projects. Geographically, it derives key revenue from the People's Republic of China, and rest from Hong Kong, and Malaysia.
41GF Score

Get the complete analysis for HKSE:01960

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

HK$0.33
Price
HK$0.08
GF Value