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China Natural ResourcesCHNR -6.86%32 PB Ratio is 0.39 as of Jul. 24, 2026, which is 78% below its 10-year median of 1.77. GuruFocus rates CHNR with a GF Score™ of 32/100. The stock has 2 warning signs investors should review. Among 2,354 Metals & Mining companies, China Natural Resources ranks better than 95.16% on this metric.
China Natural Resources Inc stock PB Ratio (=0.39) is close to 2-year high of 0.39.
The historical rank and industry rank for China Natural Resources's PB Ratio or its related term are showing as below:
CHNR'
s PB Ratio Range Over the Past 10 Years
Min: 0.1 Med: 1.77 Max: 24.03
Current: 0.39
During the past 13 years, China Natural Resources's highest PB Ratio was 24.03. The lowest was 0.10. And the median was 1.77.
CHNR's PB Ratio is ranked better than 95.16% of 2354
companies
in the Metals & Mining industry
Industry Median: 2.15
vs CHNR: 0.39
During the past 12 months, China Natural Resources's average Book Value Per Share Growth Rate was -0.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 0.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -16.20% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of China Natural Resources was 50.10% per year. The lowest was -64.70% per year. And the median was -12.20% per year.
Back to Basics: PB Ratio
China Natural Resources (NAS:CHNR) PB Ratio Explanation
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
* 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.
For the Other Industrial Metals & Mining subindustry, China Natural Resources'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 Natural Resources PB Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, China Natural Resources's PB Ratio distribution charts can be found below:
* The bar in red indicates where China Natural Resources's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
China Natural Resources (CHNR) has a PB Ratio of 0.39 as of Jul. 24, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on China Natural Resources and its competitors. This is 78% below median its historical median of 1.77. Over the past decade, China Natural Resources' PB Ratio has ranged from 0.10 to 24.03. According to the industry distribution chart, China Natural Resources ranks #114 out of 2354 companies in the Metals & Mining industry, placing it in the top 4.8%.
Is China Natural Resources' PB Ratio too high?
China Natural Resources' current PB Ratio of 0.39 is 78% below median its 10-year median of 1.77. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 24.03. The Metals & Mining industry median PB Ratio is 2.15. China Natural Resources' value of 0.39 is 81.9% below this industry median. Based on the distribution chart, China Natural Resources ranks #114 out of 2354 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, China Natural Resources has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does China Natural Resources' PB Ratio compare to SVBL and LTUM?
According to the Metals & Mining industry distribution chart, China Natural Resources ranks #114 out of 2354 companies for PB Ratio. This places China Natural Resources in the top 5% of its industry — outperforming the majority of peers. The industry median PB Ratio is 2.15. China Natural Resources' value of 0.39 is 81.9% below this benchmark. Historically, China Natural Resources' own PB Ratio has ranged from 0.10 to 24.03 over the past decade. While the company's 10-year median is 1.77 vs. the industry median of 2.15, China Natural Resources has consistently been below 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 PB Ratio for a Metals & Mining company?
The median PB Ratio among Metals & Mining companies is 2.15, based on 2,354 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. China Natural Resources's current PB Ratio of 0.39 is 81.9% below 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on China Natural Resources and its competitors. For the Metals & Mining industry, the median PB Ratio is 2.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Natural Resources's current PB Ratio is 0.39, which is 78% below median its own 10-year median of 1.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Natural Resources stock overvalued right now?
China Natural Resources (CHNR) has a current PB Ratio of 0.39. The current PB Ratio is 0.39, which is 78% below median its 10-year median of 1.77 and 81.9% below the Metals & Mining industry median of 2.15. China Natural Resources' overall GF Score™ is 32/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For China Natural Resources (CHNR), the current PB Ratio is 0.39 as of Jul. 24, 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.
China Natural Resources Inc is engaged in exploration for lead, silver, and other metals in the Inner Mongolia Autonomous Region of the PRC and exploration of attractive opportunities in other sectors. The company has a single operating segment: exploration and mining.
32GF Score
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