CTGDF (China Tourism Group Duty Free) 3-Year Book Growth Rate: 4.50% (As of Jun. 2026) — 79% Below Median

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.

CTGDF China Tourism Group Duty Free Corp Ltd CTGDF
61 GF Score
Price $6.25
GF Value $7.61
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is China Tourism Group Duty Free 3-Year Book Growth Rate?

China Tourism Group Duty Free CTGDF 61 3-Year Book Growth Rate is 4.50% as of Jun. 2026, which is 79% below its 10-year median of 21.60. GuruFocus rates CTGDF with a GF Score™ of 61/100 and a GF Value™ of $7.61 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,053 Retail - Cyclical companies, China Tourism Group Duty Free ranks better than 50.52% on this metric.

China Tourism Group Duty Free's Book Value per Share for the quarter that ended in Jun. 2026 was $4.08.

During the past 12 months, China Tourism Group Duty Free's average Book Value per Share Growth Rate was 3.60% per year. During the past 3 years, the average Book Value per Share Growth Rate was 4.50% per year. During the past 5 years, the average Book Value per Share Growth Rate was 18.90% per year. During the past 10 years, the average Book Value per Share Growth Rate was 19.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of China Tourism Group Duty Free was 94.30% per year. The lowest was 4.50% per year. And the median was 21.60% per year.


China Tourism Group Duty Free  (OTCPK:CTGDF) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.


China Tourism Group Duty Free 3-Year Book Growth Rate Related Terms


CTGDF vs CASY, WSM, ULTA: 3-Year Book Growth Rate Comparison

For the Specialty Retail subindustry, China Tourism Group Duty Free's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate 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.


China Tourism Group Duty Free 3-Year Book Growth Rate vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, China Tourism Group Duty Free's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where China Tourism Group Duty Free's 3-Year Book Growth Rate falls into.


CTGDF
61GF Score
China Tourism Group Duty Free Corp Ltd CTGDF
3-Year Book Growth Rate is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Tourism Group Duty Free 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

What does a 3-Year Book Growth Rate of 4.50% mean?
China Tourism Group Duty Free (CTGDF) has a 3-Year Book Growth Rate of 4.50% as of Jun. 2026. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for China Tourism Group Duty Free and its competitors. This is 79% below median its historical median of 21.60. Over the past decade, China Tourism Group Duty Free's 3-Year Book Growth Rate has ranged from 4.50 to 94.30. According to the industry distribution chart, China Tourism Group Duty Free ranks #521 out of 1053 companies in the Retail - Cyclical industry, placing it in the top 49.5%.
Is China Tourism Group Duty Free's 3-Year Book Growth Rate too high?
China Tourism Group Duty Free's current 3-Year Book Growth Rate of 4.50% is 79% below median its 10-year median of 21.60. Over the past 10 years, this metric has ranged from a low of 4.50 to a high of 94.30. The Retail - Cyclical industry median 3-Year Book Growth Rate is 4.50. China Tourism Group Duty Free's value of 4.50% is 0% at this industry median. Based on the distribution chart, China Tourism Group Duty Free ranks #521 out of 1053 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, China Tourism Group Duty Free has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Tourism Group Duty Free's 3-Year Book Growth Rate compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, China Tourism Group Duty Free ranks #521 out of 1053 companies for 3-Year Book Growth Rate. This puts China Tourism Group Duty Free in the upper half of its industry. The industry median 3-Year Book Growth Rate is 4.50. China Tourism Group Duty Free's value of 4.50% is 0% at this benchmark. Historically, China Tourism Group Duty Free's own 3-Year Book Growth Rate has ranged from 4.50 to 94.30 over the past decade. While the company's 10-year median is 21.60 vs. the industry median of 4.50, China Tourism Group Duty Free has consistently been at 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 3-Year Book Growth Rate for a Retail - Cyclical company?
The median 3-Year Book Growth Rate among Retail - Cyclical companies is 4.50, based on 1,053 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year Book Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year Book Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. China Tourism Group Duty Free's current 3-Year Book Growth Rate of 4.50% is 0% at 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 3-Year Book Growth Rate mean?
A high 3-Year Book Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for China Tourism Group Duty Free and its competitors. For the Retail - Cyclical industry, the median 3-Year Book Growth Rate is 4.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Tourism Group Duty Free's current 3-Year Book Growth Rate is 4.50%, which is 79% below median its own 10-year median of 21.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Tourism Group Duty Free stock overvalued right now?
Based on GuruFocus' analysis, China Tourism Group Duty Free (CTGDF) is currently considered Modestly Undervalued. The stock's GF Value™ is $7.61, compared to a current price of $6.25 — trading 17.9% below its estimated fair value. The current 3-Year Book Growth Rate is 4.50%, which is 79% below median its 10-year median of 21.60 and 0% at the Retail - Cyclical industry median of 4.50. China Tourism Group Duty Free's overall GF Score™ is 61/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Book Growth Rate calculated?
3-Year Book Growth Rate is calculated from a company's financial statements. For China Tourism Group Duty Free (CTGDF), the current 3-Year Book Growth Rate is 4.50% as of Jun. 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 China Tourism Group Duty Free (CTGDF) Overvalued in 2026?

Based on GuruFocus' analysis, China Tourism Group Duty Free stock appears to be undervalued. The current stock price of $6.25 is trading 17.9% below its estimated GF Value™ of $7.61. GuruFocus considers China Tourism Group Duty Free to be Modestly Undervalued.

Key valuation signals for CTGDF:

  • 3-Year Book Growth Rate: 4.50% (79% below median its 10-year median of 21.60)
  • GF Value™: $7.61 vs. price of $6.25 (17.9% below fair value)
  • GF Score™: 61/100 with 3 warning signs
  • Industry Position: 0% at the Retail - Cyclical median (#521 of 1053)

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


China Tourism Group Duty Free Business Description

Other Exchanges 01880:Hong Kong601888:China
Address No. 2A, Dongzhimenwai Street, 8th Floor, Building A, Dongcheng District, Beijing, CHN, 100027
Established in 1984, China Tourism Group Duty Free is China's largest and the world's second-largest travel retailer in 2025 with revenue of CNY 54 billion. The company primarily operates duty-free stores at airports, border crossings, offshore, downtown, and on flights, cruises and ships, with about 200 stores spanning over 33 provinces in China, as well as overseas. The company also operates a duty-paid business. Its 2025 revenue mix was 73% duty-free sales and 27% duty-paid sales and others. CTG Duty Free is 50% owned by China Tourism Group, a state-owned enterprise that falls directly under the State-owned Assets Supervision and Administration Commission of the State Council.
61GF Score

Get the complete analysis for CTGDF

3-Year Book Growth Rate is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$6.25
Price
$7.61
GF Value