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Chengdu Expressway Co Ltd stock PB Ratio (=0.58) is close to 3-year low of 0.57.
The historical rank and industry rank for Chengdu Expressway Co's PB Ratio or its related term are showing as below:
FRA:3E8'
s PB Ratio Range Over the Past 10 Years
Min: 0.57 Med: 0.69 Max: 0.81
Current: 0.58
During the past 11 years, Chengdu Expressway Co's highest PB Ratio was 0.81. The lowest was 0.57. And the median was 0.69.
FRA:3E8's PB Ratio is ranked better than 81.07% of 1722
companies
in the Construction industry
Industry Median: 1.32
vs FRA:3E8: 0.58
During the past 12 months, Chengdu Expressway Co's average Book Value Per Share Growth Rate was 12.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 6.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 6.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 13.10% per year.
During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Chengdu Expressway Co was 33.80% per year. The lowest was 1.50% per year. And the median was 11.15% per year.
Back to Basics: PB Ratio
Chengdu Expressway Co (FRA:3E8) 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.
Chengdu Expressway Co PB Ratio Competitor Comparison
For the Infrastructure Operations subindustry, Chengdu Expressway Co'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.
Chengdu Expressway Co PB Ratio vs Construction Industry
For the Construction industry and Industrials sector, Chengdu Expressway Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Chengdu Expressway Co'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.
Chengdu Expressway Co (FRA:3E8) has a PB Ratio of 0.54 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 Chengdu Expressway Co and its competitors. This is 22% below median its historical median of 0.69. Over the past decade, Chengdu Expressway Co's PB Ratio has ranged from 0.57 to 0.81. According to the industry distribution chart, Chengdu Expressway Co ranks #326 out of 1722 companies in the Construction industry, placing it in the top 18.9%.
Is Chengdu Expressway Co's PB Ratio too high?
Chengdu Expressway Co's current PB Ratio of 0.54 is 22% below median its 10-year median of 0.69. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 0.81. The Construction industry median PB Ratio is 1.32. Chengdu Expressway Co's value of 0.54 is 59.1% below this industry median. Based on the distribution chart, Chengdu Expressway Co ranks #326 out of 1722 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Chengdu Expressway Co has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does Chengdu Expressway Co's PB Ratio compare to competitors?
According to the Construction industry distribution chart, Chengdu Expressway Co ranks #326 out of 1722 companies for PB Ratio. This places Chengdu Expressway Co in the top 19% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.32. Chengdu Expressway Co's value of 0.54 is 59.1% below this benchmark. Historically, Chengdu Expressway Co's own PB Ratio has ranged from 0.57 to 0.81 over the past decade. While the company's 10-year median is 0.69 vs. the industry median of 1.32, Chengdu Expressway Co 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 Construction company?
The median PB Ratio among Construction companies is 1.32, based on 1,722 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. Chengdu Expressway Co's current PB Ratio of 0.54 is 59.1% 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 Chengdu Expressway Co and its competitors. For the Construction industry, the median PB Ratio is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chengdu Expressway Co's current PB Ratio is 0.54, which is 22% below median its own 10-year median of 0.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chengdu Expressway Co stock overvalued right now?
Chengdu Expressway Co (FRA:3E8) has a current PB Ratio of 0.54. The stock's GF Value™ is €0.22, compared to a current price of €0.20 — trading 10.9% below its estimated fair value. The current PB Ratio is 0.54, which is 22% below median its 10-year median of 0.69 and 59.1% below the Construction industry median of 1.32. Chengdu Expressway Co's overall GF Score™ is 85/100 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 Chengdu Expressway Co (FRA:3E8), the current PB Ratio is 0.54 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.
Is Chengdu Expressway Co (FRA:3E8) Overvalued in 2026?
Based on GuruFocus' analysis, Chengdu Expressway Co stock appears to be undervalued.
The current stock price of €0.20 is trading 10.9% below its estimated GF Value™ of €0.22.
Key valuation signals for FRA:3E8:
PB Ratio: 0.54 (22% below median its 10-year median of 0.69)
GF Value™: €0.22 vs. price of €0.20 (10.9% below fair value)
Industry Position: 59.1% below the Construction median (#326 of 1722)
No single metric tells the full story. See the FRA:3E8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chengdu Expressway Co Ltd is principally engaged in the operation, management and development of expressways located in and around Chengdu, Sichuan Province and retailing of refined oil. Meanwhile, the Group also carries out retail of refined oil and operation of CNG. It operates in two reportable segments the Expressway segment segment comprises the construction, operation and maintenance of toll expressways located in Mainland China; and the Energy Investment segment comprises the operation of petrol stations and a gas station in Mainland China. It derives majority of the revenue from Expressway segment.
85GF Score
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