China Three Gorges Renewables (Group) Co (SHSE:600905) EV-to-EBITDA: 52.86 (As of Sep. 15, 2026) — 126% Above 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.

SHSE:600905 China Three Gorges Renewables (Group) Co Ltd SHSE:600905
68 GF Score
Price ¥3.68
GF Value ¥4.02
Valuation Fairly Valued
! 12 Warning Signs
View Full Analysis

What is China Three Gorges Renewables (Group) Co EV-to-EBITDA?

China Three Gorges Renewables (Group) Co SHSE:600905 +0.27% 68 EV-to-EBITDA is 52.86 as of Sep. 15, 2026, which is 126% above its 10-year median of 23.40. GuruFocus rates SHSE:600905 with a GF Score™ of 68/100 and a GF Value™ of ¥4.02 (Fairly Valued). The stock has 12 warning signs investors should review. Among 363 Utilities - Independent Power Producers companies, China Three Gorges Renewables (Group) Co ranks worse than 90.08% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, China Three Gorges Renewables (Group) Co's enterprise value is ¥329,296 Mil. China Three Gorges Renewables (Group) Co's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was ¥6,229 Mil. Therefore, China Three Gorges Renewables (Group) Co's EV-to-EBITDA for today is 52.86.

The historical rank and industry rank for China Three Gorges Renewables (Group) Co's EV-to-EBITDA or its related term are showing as below:

SHSE:600905' s EV-to-EBITDA Range Over the Past 10 Years
Min: 14.81   Med: 23.4   Max: 53.91
Current: 52.86

During the past 13 years, the highest EV-to-EBITDA of China Three Gorges Renewables (Group) Co was 53.91. The lowest was 14.81. And the median was 23.40.

SHSE:600905's EV-to-EBITDA is ranked worse than
90.08% of 363 companies
in the Utilities - Independent Power Producers industry
Industry Median: 11.6 vs SHSE:600905: 52.86

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-09-15), China Three Gorges Renewables (Group) Co's stock price is ¥3.68. China Three Gorges Renewables (Group) Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was ¥0.039. Therefore, China Three Gorges Renewables (Group) Co's PE Ratio (TTM) for today is 94.36.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


China Three Gorges Renewables (Group) Co  (SHSE:600905) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

China Three Gorges Renewables (Group) Co's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=3.68/0.039
=94.36

China Three Gorges Renewables (Group) Co's share price for today is ¥3.68.
China Three Gorges Renewables (Group) Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0.039.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


China Three Gorges Renewables (Group) Co EV-to-EBITDA Related Terms


China Three Gorges Renewables (Group) Co EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for China Three Gorges Renewables (Group) Co's EV-to-EBITDA 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 Three Gorges Renewables (Group) Co EV-to-EBITDA Chart

China Three Gorges Renewables (Group) Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.69 13.79 12.68 13.05 14.48

China Three Gorges Renewables (Group) Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBITDA 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 27.05 29.34 14.48 45.50 53.00

China Three Gorges Renewables (Group) Co EV-to-EBITDA Competitor Comparison

For the Utilities - Renewable subindustry, China Three Gorges Renewables (Group) Co's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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 Three Gorges Renewables (Group) Co EV-to-EBITDA vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, China Three Gorges Renewables (Group) Co's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where China Three Gorges Renewables (Group) Co's EV-to-EBITDA falls into.


SHSE:600905
68GF Score
China Three Gorges Renewables (Group) Co Ltd SHSE:600905
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Three Gorges Renewables (Group) Co EV-to-EBITDA Calculation

China Three Gorges Renewables (Group) Co's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=329295.801/6229.142
=52.86

China Three Gorges Renewables (Group) Co's current Enterprise Value is ¥329,296 Mil.
China Three Gorges Renewables (Group) Co's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥6,229 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of 52.86 mean?
China Three Gorges Renewables (Group) Co (SHSE:600905) has a EV-to-EBITDA of 52.86 as of Sep. 15, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on China Three Gorges Renewables (Group) Co. This is 126% above median its historical median of 23.40. Over the past decade, China Three Gorges Renewables (Group) Co's EV-to-EBITDA has ranged from 14.81 to 53.91. According to the industry distribution chart, China Three Gorges Renewables (Group) Co ranks #327 out of 363 companies in the Utilities - Independent Power Producers industry, placing it in the top 90.1%.
Is China Three Gorges Renewables (Group) Co's EV-to-EBITDA too high?
China Three Gorges Renewables (Group) Co's current EV-to-EBITDA of 52.86 is 126% above median its 10-year median of 23.40. Over the past 10 years, this metric has ranged from a low of 14.81 to a high of 53.91. The Utilities - Independent Power Producers industry median EV-to-EBITDA is 11.60. China Three Gorges Renewables (Group) Co's value of 52.86 is 355.7% above this industry median. Based on the distribution chart, China Three Gorges Renewables (Group) Co ranks #327 out of 363 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, China Three Gorges Renewables (Group) Co has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does China Three Gorges Renewables (Group) Co's EV-to-EBITDA compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, China Three Gorges Renewables (Group) Co ranks #327 out of 363 companies for EV-to-EBITDA. This places China Three Gorges Renewables (Group) Co in the lower half of its industry. The industry median EV-to-EBITDA is 11.60. China Three Gorges Renewables (Group) Co's value of 52.86 is 355.7% above this benchmark. Historically, China Three Gorges Renewables (Group) Co's own EV-to-EBITDA has ranged from 14.81 to 53.91 over the past decade. While the company's 10-year median is 23.40 vs. the industry median of 11.60, China Three Gorges Renewables (Group) Co has consistently been above 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 EV-to-EBITDA for an Utilities - Independent Power Producers company?
The median EV-to-EBITDA among Utilities - Independent Power Producers companies is 11.60, based on 363 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. China Three Gorges Renewables (Group) Co's current EV-to-EBITDA of 52.86 is 355.7% above 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 EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on China Three Gorges Renewables (Group) Co. For the Utilities - Independent Power Producers industry, the median EV-to-EBITDA is 11.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Three Gorges Renewables (Group) Co's current EV-to-EBITDA is 52.86, which is 126% above median its own 10-year median of 23.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Three Gorges Renewables (Group) Co stock overvalued right now?
Based on GuruFocus' analysis, China Three Gorges Renewables (Group) Co (SHSE:600905) is currently considered Fairly Valued. The stock's GF Value™ is ¥4.02, compared to a current price of ¥3.68 — trading 8.5% below its estimated fair value. The current EV-to-EBITDA is 52.86, which is 126% above median its 10-year median of 23.40 and 355.7% above the Utilities - Independent Power Producers industry median of 11.60. China Three Gorges Renewables (Group) Co's overall GF Score™ is 68/100 with 12 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For China Three Gorges Renewables (Group) Co (SHSE:600905), the current EV-to-EBITDA is 52.86 as of Sep. 15, 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 Three Gorges Renewables (Group) Co (SHSE:600905) Overvalued in 2026?

Based on GuruFocus' analysis, China Three Gorges Renewables (Group) Co stock appears to be undervalued. The current stock price of ¥3.68 is trading 8.5% below its estimated GF Value™ of ¥4.02. GuruFocus considers China Three Gorges Renewables (Group) Co to be Fairly Valued.

Key valuation signals for SHSE:600905:

  • EV-to-EBITDA: 52.86 (126% above median its 10-year median of 23.40)
  • GF Value™: ¥4.02 vs. price of ¥3.68 (8.5% below fair value)
  • GF Score™: 68/100 with 12 warning signs
  • Industry Position: 355.7% above the Utilities - Independent Power Producers median (#327 of 363)

No single metric tells the full story. See the SHSE:600905 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Three Gorges Renewables (Group) Co Business Description

Address No. 2, Liangshi Street, Building 5, Chengda Center, Tongzhou District, Beijing, CHN, 101199
China Three Gorges Renewables is one of China's largest renewable energy producers. The firm operates wind farms, photovoltaic power plants, hydroelectric power plants, and energy storage projects. CTGR has a total generation capacity of about 52.4 gigawatts as of the end of 2025. The firm is also one of the largest offshore wind farm operators in China, with 7.5 GW of installed capacity at the end of 2025. Parent company China Three Gorges, a state-owned enterprise, owns approximately 52.3% of CTGR's issued shares as of the end of 2025.
68GF Score

Get the complete analysis for SHSE:600905

EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥3.68
Price
¥4.02
GF Value