China Merchants Securities Asset Management Co.,Ltd (STU:195H) Book Value per Share: €2.13 (As of Jun. 2026)

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STU:195H China Merchants Securities Asset Management Co.,Ltd STU:195H
66 GF Score
Price €1.67
GF Value €2.78
Valuation Significantly Undervalued
! 3 Warning Signs
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What is China Merchants Securities Asset Management Co.,Ltd Book Value per Share?

China Merchants Securities Asset Management Co.,Ltd STU:195H +1.83% 66 Book Value per Share is €2.13 as of Jun. 2026. GuruFocus rates STU:195H with a GF Score™ of 66/100 and a GF Value™ of €2.78 (Significantly Undervalued). The stock has 3 warning signs investors should review.

China Merchants Securities Asset Management Co.,Ltd's book value per share for the quarter that ended in Jun. 2026 was €2.13.

During the past 12 months, China Merchants Securities Asset Management Co.,Ltd's average Book Value Per Share Growth Rate was 10.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 6.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 5.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 8.20% 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 book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of China Merchants Securities Asset Management Co.,Ltd was 69.60% per year. The lowest was 4.20% per year. And the median was 12.40% per year.

China Merchants Securities Asset Management Co.,Ltd's current price is €1.67. Its book value per share for the quarter that ended in Jun. 2026 was €2.13. Hence, today's PB Ratio of China Merchants Securities Asset Management Co.,Ltd is 0.78.

During the past 13 years, the highest P/B Ratio of China Merchants Securities Asset Management Co.,Ltd was 2.60. The lowest was 0.92. And the median was 1.24.


China Merchants Securities Asset Management Co.,Ltd  (STU:195H) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


China Merchants Securities Asset Management Co.,Ltd Book Value per Share Related Terms


China Merchants Securities Asset Management Co.,Ltd Book Value per Share Historical Data

* Premium members only.

The historical data trend for China Merchants Securities Asset Management Co.,Ltd's Book Value per Share 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.

China Merchants Securities Asset Management Co.,Ltd Book Value per Share Chart

China Merchants Securities Asset Management Co.,Ltd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.80 1.79 1.80 1.96 1.92

China Merchants Securities Asset Management Co.,Ltd Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Book Value per Share 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 1.82 1.85 1.92 2.04 2.13

STU:195H vs MS, GS, SCHW: Book Value per Share Comparison

For the Capital Markets subindustry, China Merchants Securities Asset Management Co.,Ltd'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.


China Merchants Securities Asset Management Co.,Ltd PB Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, China Merchants Securities Asset Management Co.,Ltd's PB Ratio distribution charts can be found below:

* The bar in red indicates where China Merchants Securities Asset Management Co.,Ltd's PB Ratio falls into.


STU:195H
66GF Score
China Merchants Securities Asset Management Co.,Ltd STU:195H
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Merchants Securities Asset Management Co.,Ltd Book Value per Share Calculation

China Merchants Securities Asset Management Co.,Ltd's Book Value Per Share for the fiscal year that ended in Dec. 2025 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(16,733-0)/8,697
=1.92

China Merchants Securities Asset Management Co.,Ltd's Book Value Per Share for the quarter that ended in Jun. 2026 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(18,547-0)/8,697
=2.13

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

Frequently Asked Questions Learn more about Book Value per Share →
What does a Book Value per Share of €2.13 mean?
China Merchants Securities Asset Management Co.,Ltd (STU:195H) has a Book Value per Share of €2.13 as of Jun. 2026. Book value per share gives the per-share value of a company's stockholder equity. View historical data on China Merchants Securities Asset Management Co.,Ltd and its competitors.
Is China Merchants Securities Asset Management Co.,Ltd's Book Value per Share too high?
China Merchants Securities Asset Management Co.,Ltd's current Book Value per Share is €2.13. Overall, China Merchants Securities Asset Management Co.,Ltd has a GF Score™ of 66/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Merchants Securities Asset Management Co.,Ltd's Book Value per Share compare to MS and GS?
China Merchants Securities Asset Management Co.,Ltd's Book Value per Share of €2.13 can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Book Value per Share for a Capital Markets company?
A good Book Value per Share depends on the Capital Markets industry context. However, Book Value per Share 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 Book Value per Share mean?
A high Book Value per Share can signal that a stock is expensive relative to its fundamentals. Book value per share gives the per-share value of a company's stockholder equity. View historical data on China Merchants Securities Asset Management Co.,Ltd and its competitors. China Merchants Securities Asset Management Co.,Ltd's current Book Value per Share is €2.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Merchants Securities Asset Management Co.,Ltd stock overvalued right now?
Based on GuruFocus' analysis, China Merchants Securities Asset Management Co.,Ltd (STU:195H) is currently considered Significantly Undervalued. The stock's GF Value™ is €2.78, compared to a current price of €1.67 — trading 39.9% below its estimated fair value. The current Book Value per Share is €2.13. China Merchants Securities Asset Management Co.,Ltd's overall GF Score™ is 66/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Book Value per Share calculated?
Book Value per Share is calculated from a company's financial statements. For China Merchants Securities Asset Management Co.,Ltd (STU:195H), the current Book Value per Share is €2.13 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 Merchants Securities Asset Management Co.,Ltd (STU:195H) Overvalued in 2026?

Based on GuruFocus' analysis, China Merchants Securities Asset Management Co.,Ltd stock appears to be undervalued. The current stock price of €1.67 is trading 39.9% below its estimated GF Value™ of €2.78. GuruFocus considers China Merchants Securities Asset Management Co.,Ltd to be Significantly Undervalued.

Key valuation signals for STU:195H:

  • Book Value per Share: €2.13
  • GF Value™: €2.78 vs. price of €1.67 (39.9% below fair value)
  • GF Score™: 66/100 with 3 warning signs

No single metric tells the full story. See the STU:195H stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Merchants Securities Asset Management Co.,Ltd Business Description

Other Exchanges 06099:Hong Kong600999:China
Address No. 111, Fuhua Yi Road, Futian Street, Futian District, Guangdong Province, Shenzhen, CHN, 518046
China Merchants Securities Asset Management Co.,Ltd is a financial service provider. The company provides services like investment banking, financial advisory, equity underwriting, asset management, investment advisory, and trading equity securities, among others. Its business is divided into four segments: Wealth management and institutional business; Investment banking; Investment management; and Investment and trading. The Wealth management and institutional business segment, which generates key revenue, engages in the trading of stocks and futures contracts on behalf of clients and includes margin financing, securities lending, and selling financial and other wealth management products.
66GF Score

Get the complete analysis for STU:195H

Book Value per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€1.67
Price
€2.78
GF Value