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Canggang RailwayHKSE:02169 49 PB Ratio is 2.05 as of Sep. 21, 2026, which is 39% below its 10-year median of 3.36. GuruFocus rates HKSE:02169 with a GF Score™ of 49/100 and a GF Value™ of HK$0.90 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 978 Transportation companies, Canggang Railway ranks worse than 70.25% on this metric.
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. As of today (2026-09-21), Canggang Railway's share price is HK$0.54. Canggang Railway's Book Value per Share for the quarter that ended in Jun. 2026 was HK$0.26. Hence, Canggang Railway's PB Ratio of today is 2.05.
Good Sign:
Canggang Railway Ltd stock PB Ratio (=2.12) is close to 3-year low of 1.97.
The historical rank and industry rank for Canggang Railway's PB Ratio or its related term are showing as below:
HKSE:02169'
s PB Ratio Range Over the Past 10 Years
Min: 1.34 Med: 3.36 Max: 14.76
Current: 2.08
During the past 10 years, Canggang Railway's highest PB Ratio was 14.76. The lowest was 1.34. And the median was 3.36.
HKSE:02169's PB Ratio is ranked worse than 70.25% of 978
companies
in the Transportation industry
Industry Median: 1.285
vs HKSE:02169: 2.08
During the past 12 months, Canggang Railway's average Book Value Per Share Growth Rate was 12.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 3.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -0.30% per year.
During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of Canggang Railway was 15.70% per year. The lowest was -4.30% per year. And the median was 2.55% 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.
Canggang Railway PB Ratio Related Terms
Canggang Railway PB Ratio Historical Data
* Premium members only.
The historical data trend for Canggang Railway's PB Ratio 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.
For the Railroads subindustry, Canggang Railway'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.
Canggang Railway PB Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, Canggang Railway's PB Ratio distribution charts can be found below:
* The bar in red indicates where Canggang Railway'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.
Canggang Railway (HKSE:02169) has a PB Ratio of 2.05 as of Sep. 21, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Canggang Railway and its competitors. This is 39% below median its historical median of 3.36. Over the past decade, Canggang Railway's PB Ratio has ranged from 1.34 to 14.76. According to the industry distribution chart, Canggang Railway ranks #687 out of 978 companies in the Transportation industry, placing it in the top 70.2%.
Is Canggang Railway's PB Ratio too high?
Canggang Railway's current PB Ratio of 2.05 is 39% below median its 10-year median of 3.36. Over the past 10 years, this metric has ranged from a low of 1.34 to a high of 14.76. The Transportation industry median PB Ratio is 1.29. Canggang Railway's value of 2.05 is 59.5% above this industry median. Based on the distribution chart, Canggang Railway ranks #687 out of 978 companies in the Transportation industry, which is below the industry midpoint. Overall, Canggang Railway has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Canggang Railway's PB Ratio compare to UNP and CSX?
According to the Transportation industry distribution chart, Canggang Railway ranks #687 out of 978 companies for PB Ratio. This places Canggang Railway in the lower half of its industry. The industry median PB Ratio is 1.29. Canggang Railway's value of 2.05 is 59.5% above this benchmark. Historically, Canggang Railway's own PB Ratio has ranged from 1.34 to 14.76 over the past decade. While the company's 10-year median is 3.36 vs. the industry median of 1.29, Canggang Railway 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 PB Ratio for a Transportation company?
The median PB Ratio among Transportation companies is 1.29, based on 978 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. Canggang Railway's current PB Ratio of 2.05 is 59.5% 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 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 Canggang Railway and its competitors. For the Transportation industry, the median PB Ratio is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canggang Railway's current PB Ratio is 2.05, which is 39% below median its own 10-year median of 3.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canggang Railway stock overvalued right now?
Based on GuruFocus' analysis, Canggang Railway (HKSE:02169) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.90, compared to a current price of HK$0.54 — trading 40% below its estimated fair value. The current PB Ratio is 2.05, which is 39% below median its 10-year median of 3.36 and 59.5% above the Transportation industry median of 1.29. Canggang Railway's overall GF Score™ is 49/100 with 7 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 Canggang Railway (HKSE:02169), the current PB Ratio is 2.05 as of Sep. 21, 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 Canggang Railway (HKSE:02169) Overvalued in 2026?
Based on GuruFocus' analysis, Canggang Railway stock appears to be undervalued.
The current stock price of HK$0.54 is trading 40% below its estimated GF Value™ of HK$0.90.
GuruFocus considers Canggang Railway to be Possible Value Trap.
Key valuation signals for HKSE:02169:
PB Ratio: 2.05 (39% below median its 10-year median of 3.36)
GF Value™: HK$0.90 vs. price of HK$0.54 (40% below fair value)
Industry Position: 59.5% above the Transportation median (#687 of 978)
No single metric tells the full story. See the HKSE:02169 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Canggang Railway Ltd is a local railway operator based in Hebei Province. The company operates in two segments, rail freight transportation services, which provides rail freight transportation in the PRC; and other ancillary services, which includes provides freight loading and unloading services, road freight transportation and other services in the PRC. Its services also include loading and unloading, road freight transportation, construction, repair and maintenance of Special Service Lines, railway roadbed and other railway facility construction, and certain other businesses. The company earns its revenue from rail freight transportation services and ancillary services in the PRC.
49GF Score
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