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What is China Resources Beverage (Holdings) Co PB Ratio?
China Resources Beverage (Holdings) CoHKSE:02460 -0.33%20 PB Ratio is 1.55 as of Aug. 09, 2026, which is 30% below its 10-year median of 2.20. GuruFocus rates HKSE:02460 with a GF Score™ of 20/100. The stock has 5 warning signs investors should review. Among 113 Beverages - Non-Alcoholic companies, China Resources Beverage (Holdings) Co ranks better than 64.6% on this metric.
HKSE:02460's PB Ratio is ranked better than 64.6% of 113
companies
in the Beverages - Non-Alcoholic industry
Industry Median: 2.23
vs HKSE:02460: 1.55
During the past 12 months, China Resources Beverage (Holdings) Co's average Book Value Per Share Growth Rate was -1.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 23.10% per year.
During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of China Resources Beverage (Holdings) Co was 28.10% per year. The lowest was 23.10% per year. And the median was 25.60% 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.
China Resources Beverage (Holdings) Co PB Ratio Related Terms
China Resources Beverage (Holdings) Co 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.
China Resources Beverage (Holdings) Co PB Ratio Chart
China Resources Beverage (Holdings) Co Annual Data
Trend
Dec21
Dec22
Dec23
Dec24
Dec25
PB Ratio
0.00
0.00
0.00
2.35
2.04
China Resources Beverage (Holdings) Co Semi-Annual Data
For the Beverages - Non-Alcoholic subindustry, China Resources Beverage (Holdings) 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.
China Resources Beverage (Holdings) Co PB Ratio vs Beverages - Non-Alcoholic Industry
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, China Resources Beverage (Holdings) Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where China Resources Beverage (Holdings) Co's PB Ratio falls into.
China Resources Beverage (Holdings) Co 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.
China Resources Beverage (Holdings) Co (HKSE:02460) has a PB Ratio of 1.55 as of Aug. 09, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on China Resources Beverage (Holdings) Co and its competitors. This is 30% below median its historical median of 2.20. Over the past decade, China Resources Beverage (Holdings) Co's PB Ratio has ranged from 1.46 to 4.71. According to the industry distribution chart, China Resources Beverage (Holdings) Co ranks #40 out of 113 companies in the Beverages - Non-Alcoholic industry, placing it in the top 35.4%.
Is China Resources Beverage (Holdings) Co's PB Ratio too high?
China Resources Beverage (Holdings) Co's current PB Ratio of 1.55 is 30% below median its 10-year median of 2.20. Over the past 10 years, this metric has ranged from a low of 1.46 to a high of 4.71. The Beverages - Non-Alcoholic industry median PB Ratio is 2.23. China Resources Beverage (Holdings) Co's value of 1.55 is 30.5% below this industry median. Based on the distribution chart, China Resources Beverage (Holdings) Co ranks #40 out of 113 companies in the Beverages - Non-Alcoholic industry, which is above the industry midpoint. Overall, China Resources Beverage (Holdings) Co has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does China Resources Beverage (Holdings) Co's PB Ratio compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, China Resources Beverage (Holdings) Co ranks #40 out of 113 companies for PB Ratio. This puts China Resources Beverage (Holdings) Co in the upper half of its industry. The industry median PB Ratio is 2.23. China Resources Beverage (Holdings) Co's value of 1.55 is 30.5% below this benchmark. Historically, China Resources Beverage (Holdings) Co's own PB Ratio has ranged from 1.46 to 4.71 over the past decade. While the company's 10-year median is 2.20 vs. the industry median of 2.23, China Resources Beverage (Holdings) 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 Beverages - Non-Alcoholic company?
The median PB Ratio among Beverages - Non-Alcoholic companies is 2.23, based on 113 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 Resources Beverage (Holdings) Co's current PB Ratio of 1.55 is 30.5% 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 Resources Beverage (Holdings) Co and its competitors. For the Beverages - Non-Alcoholic industry, the median PB Ratio is 2.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Resources Beverage (Holdings) Co's current PB Ratio is 1.55, which is 30% below median its own 10-year median of 2.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Resources Beverage (Holdings) Co stock overvalued right now?
China Resources Beverage (Holdings) Co (HKSE:02460) has a current PB Ratio of 1.55. The current PB Ratio is 1.55, which is 30% below median its 10-year median of 2.20 and 30.5% below the Beverages - Non-Alcoholic industry median of 2.23. China Resources Beverage (Holdings) Co's overall GF Score™ is 20/100 with 5 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 Resources Beverage (Holdings) Co (HKSE:02460), the current PB Ratio is 1.55 as of Aug. 09, 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 Resources Beverage is the second-largest bottled water producer in China and a subsidiary of China Resources Group, a state-owned conglomerate. The bottled water business accounts for around 90% of the company's revenue, with C'estbon being the flagship product. The company has been leveraging its distribution network developed for water products to expand the scale of its nonwater beverages products, which accounts for roughly 10% of the company's revenue.
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