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.
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.
HKSE:00346'
s PB Ratio Range Over the Past 10 Years
Min: 0.2 Med: 0.76 Max: 2.84
Current: 0.5
During the past 13 years, Yanchang Petroleum International's highest PB Ratio was 2.84. The lowest was 0.20. And the median was 0.76.
HKSE:00346's PB Ratio is ranked better than 88.88% of 935
companies
in the Oil & Gas industry
Industry Median: 1.48
vs HKSE:00346: 0.50
During the past 12 months, Yanchang Petroleum International's average Book Value Per Share Growth Rate was -55.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -15.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -4.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -13.30% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Yanchang Petroleum International was 160.20% per year. The lowest was -53.80% per year. And the median was -5.90% per year.
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.
Yanchang Petroleum International PB Ratio Related Terms
Yanchang Petroleum International PB Ratio Historical Data
* 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 Oil & Gas Integrated subindustry, Yanchang Petroleum International'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.
Yanchang Petroleum International PB Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Yanchang Petroleum International's PB Ratio distribution charts can be found below:
* The bar in red indicates where Yanchang Petroleum International's PB Ratio falls into.
Yanchang Petroleum International PB Ratio Calculation
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.
Yanchang Petroleum International (HKSE:00346) has a PB Ratio of 0.47 as of Sep. 20, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Yanchang Petroleum International and its competitors. This is 38% below median its historical median of 0.76. Over the past decade, Yanchang Petroleum International's PB Ratio has ranged from 0.20 to 2.84. According to the industry distribution chart, Yanchang Petroleum International ranks #104 out of 935 companies in the Oil & Gas industry, placing it in the top 11.1%.
Is Yanchang Petroleum International's PB Ratio too high?
Yanchang Petroleum International's current PB Ratio of 0.47 is 38% below median its 10-year median of 0.76. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 2.84. The Oil & Gas industry median PB Ratio is 1.48. Yanchang Petroleum International's value of 0.47 is 68.2% below this industry median. Based on the distribution chart, Yanchang Petroleum International ranks #104 out of 935 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Yanchang Petroleum International has a GF Score™ of 32/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Yanchang Petroleum International's PB Ratio compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Yanchang Petroleum International ranks #104 out of 935 companies for PB Ratio. This places Yanchang Petroleum International in the top 11% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.48. Yanchang Petroleum International's value of 0.47 is 68.2% below this benchmark. Historically, Yanchang Petroleum International's own PB Ratio has ranged from 0.20 to 2.84 over the past decade. While the company's 10-year median is 0.76 vs. the industry median of 1.48, Yanchang Petroleum International 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 an Oil & Gas company?
The median PB Ratio among Oil & Gas companies is 1.48, based on 935 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. Yanchang Petroleum International's current PB Ratio of 0.47 is 68.2% 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 Yanchang Petroleum International and its competitors. For the Oil & Gas industry, the median PB Ratio is 1.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yanchang Petroleum International's current PB Ratio is 0.47, which is 38% below median its own 10-year median of 0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yanchang Petroleum International stock overvalued right now?
Based on GuruFocus' analysis, Yanchang Petroleum International (HKSE:00346) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.20, compared to a current price of HK$0.23 — trading 15% above its estimated fair value. The current PB Ratio is 0.47, which is 38% below median its 10-year median of 0.76 and 68.2% below the Oil & Gas industry median of 1.48. Yanchang Petroleum International's overall GF Score™ is 32/100 with 4 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 Yanchang Petroleum International (HKSE:00346), the current PB Ratio is 0.47 as of Sep. 20, 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 Yanchang Petroleum International (HKSE:00346) Overvalued in 2026?
Based on GuruFocus' analysis, Yanchang Petroleum International stock appears to be overvalued.
The current stock price of HK$0.23 is trading 15% above its estimated GF Value™ of HK$0.20.
GuruFocus considers Yanchang Petroleum International to be Modestly Overvalued.
Key valuation signals for HKSE:00346:
PB Ratio: 0.47 (38% below median its 10-year median of 0.76)
GF Value™: HK$0.20 vs. price of HK$0.23 (15% above fair value)
Industry Position: 68.2% below the Oil & Gas median (#104 of 935)
No single metric tells the full story. See the HKSE:00346 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Yanchang Petroleum International Ltd is engaged in supply and procurement operations of oil-related products in the PRC as well as oil and gas exploration, exploitation, sale, and operation in Canada and Madagascar. The operating segments of the company are Exploration, exploitation, and operation, which comprises the oil and gas exploration, exploitation, sale, and operation; and the Supply and procurement business segment involves storage, transportation, trading, and distribution of oil-related products. It generates maximum revenue from the supply and procurement segment. Geographically, it derives the majority of its revenue from the PRC and also has operations in Canada, Hong Kong, and other countries.
32GF Score
Get the complete analysis for HKSE:00346
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HKSE:00346 has been successfully added to your 
