Heilongjiang Interchina Water Treatment Co (SHSE:600187) PB Ratio: 0.77 (As of Aug. 06, 2026) — 43% Below Median

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SHSE:600187 Heilongjiang Interchina Water Treatment Co Ltd SHSE:600187
45 GF Score
Price ¥1.41
GF Value ¥2.74
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Heilongjiang Interchina Water Treatment Co PB Ratio?

Heilongjiang Interchina Water Treatment Co SHSE:600187 +0.71% 45 PB Ratio is 0.77 as of Aug. 06, 2026, which is 43% below its 10-year median of 1.36. GuruFocus rates SHSE:600187 with a GF Score™ of 45/100 and a GF Value™ of ¥2.74 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 501 Utilities - Regulated companies, Heilongjiang Interchina Water Treatment Co ranks better than 76.85% 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 (2026-08-06), Heilongjiang Interchina Water Treatment Co's share price is ¥1.41. Heilongjiang Interchina Water Treatment Co's Book Value per Share for the quarter that ended in Mar. 2026 was ¥1.84. Hence, Heilongjiang Interchina Water Treatment Co's PB Ratio of today is 0.77.

Good Sign:

Heilongjiang Interchina Water Treatment Co Ltd stock PB Ratio (=0.75) is close to 10-year low of 0.7.

The historical rank and industry rank for Heilongjiang Interchina Water Treatment Co's PB Ratio or its related term are showing as below:

SHSE:600187' s PB Ratio Range Over the Past 10 Years
Min: 0.7   Med: 1.36   Max: 4.02
Current: 0.77

During the past 13 years, Heilongjiang Interchina Water Treatment Co's highest PB Ratio was 4.02. The lowest was 0.70. And the median was 1.36.

SHSE:600187's PB Ratio is ranked better than
76.85% of 501 companies
in the Utilities - Regulated industry
Industry Median: 1.43 vs SHSE:600187: 0.77

During the past 12 months, Heilongjiang Interchina Water Treatment Co's average Book Value Per Share Growth Rate was -7.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -2.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -1.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 0.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Heilongjiang Interchina Water Treatment Co was 117.00% per year. The lowest was -5.80% per year. And the median was 7.90% per year.

Back to Basics: PB Ratio


Heilongjiang Interchina Water Treatment Co  (SHSE:600187) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.


Heilongjiang Interchina Water Treatment Co PB Ratio Related Terms


Heilongjiang Interchina Water Treatment Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Heilongjiang Interchina Water Treatment Co'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.

Heilongjiang Interchina Water Treatment Co PB Ratio Chart

Heilongjiang Interchina Water Treatment Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.29 1.80 1.34 1.69 1.36

Heilongjiang Interchina Water Treatment Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.72 1.65 1.43 1.36 1.02

SHSE:600187 vs AWK, WTRG, AWR: PB Ratio Comparison

For the Utilities - Regulated Water subindustry, Heilongjiang Interchina Water Treatment 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.


Heilongjiang Interchina Water Treatment Co PB Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Heilongjiang Interchina Water Treatment Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Heilongjiang Interchina Water Treatment Co's PB Ratio falls into.


SHSE:600187
45GF Score
Heilongjiang Interchina Water Treatment Co Ltd SHSE:600187
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Heilongjiang Interchina Water Treatment 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.

Heilongjiang Interchina Water Treatment Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=1.41/1.843
=0.77

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 0.77 mean?
Heilongjiang Interchina Water Treatment Co (SHSE:600187) has a PB Ratio of 0.77 as of Aug. 06, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Heilongjiang Interchina Water Treatment Co and its competitors. This is 43% below median its historical median of 1.36. Over the past decade, Heilongjiang Interchina Water Treatment Co's PB Ratio has ranged from 0.70 to 4.02. According to the industry distribution chart, Heilongjiang Interchina Water Treatment Co ranks #116 out of 501 companies in the Utilities - Regulated industry, placing it in the top 23.2%.
Is Heilongjiang Interchina Water Treatment Co's PB Ratio too high?
Heilongjiang Interchina Water Treatment Co's current PB Ratio of 0.77 is 43% below median its 10-year median of 1.36. Over the past 10 years, this metric has ranged from a low of 0.70 to a high of 4.02. The Utilities - Regulated industry median PB Ratio is 1.43. Heilongjiang Interchina Water Treatment Co's value of 0.77 is 46.2% below this industry median. Based on the distribution chart, Heilongjiang Interchina Water Treatment Co ranks #116 out of 501 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Heilongjiang Interchina Water Treatment Co has a GF Score™ of 45/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Heilongjiang Interchina Water Treatment Co's PB Ratio compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, Heilongjiang Interchina Water Treatment Co ranks #116 out of 501 companies for PB Ratio. This places Heilongjiang Interchina Water Treatment Co in the top 23% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.43. Heilongjiang Interchina Water Treatment Co's value of 0.77 is 46.2% below this benchmark. Historically, Heilongjiang Interchina Water Treatment Co's own PB Ratio has ranged from 0.70 to 4.02 over the past decade. While the company's 10-year median is 1.36 vs. the industry median of 1.43, Heilongjiang Interchina Water Treatment 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 an Utilities - Regulated company?
The median PB Ratio among Utilities - Regulated companies is 1.43, based on 501 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. Heilongjiang Interchina Water Treatment Co's current PB Ratio of 0.77 is 46.2% 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 Heilongjiang Interchina Water Treatment Co and its competitors. For the Utilities - Regulated industry, the median PB Ratio is 1.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Heilongjiang Interchina Water Treatment Co's current PB Ratio is 0.77, which is 43% below median its own 10-year median of 1.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heilongjiang Interchina Water Treatment Co stock overvalued right now?
Based on GuruFocus' analysis, Heilongjiang Interchina Water Treatment Co (SHSE:600187) is currently considered Possible Value Trap. The stock's GF Value™ is ¥2.74, compared to a current price of ¥1.41 — trading 48.5% below its estimated fair value. The current PB Ratio is 0.77, which is 43% below median its 10-year median of 1.36 and 46.2% below the Utilities - Regulated industry median of 1.43. Heilongjiang Interchina Water Treatment Co's overall GF Score™ is 45/100 with 3 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 Heilongjiang Interchina Water Treatment Co (SHSE:600187), the current PB Ratio is 0.77 as of Aug. 06, 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 Heilongjiang Interchina Water Treatment Co (SHSE:600187) Overvalued in 2026?

Based on GuruFocus' analysis, Heilongjiang Interchina Water Treatment Co stock appears to be undervalued. The current stock price of ¥1.41 is trading 48.5% below its estimated GF Value™ of ¥2.74. GuruFocus considers Heilongjiang Interchina Water Treatment Co to be Possible Value Trap.

Key valuation signals for SHSE:600187:

  • PB Ratio: 0.77 (43% below median its 10-year median of 1.36)
  • GF Value™: ¥2.74 vs. price of ¥1.41 (48.5% below fair value)
  • GF Score™: 45/100 with 3 warning signs
  • Industry Position: 46.2% below the Utilities - Regulated median (#116 of 501)

No single metric tells the full story. See the SHSE:600187 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Heilongjiang Interchina Water Treatment Co Business Description

Address No. 27 Changqing Road, Longsha District, Qiqihaer, Heilongjiang, CHN, 161005
Heilongjiang Interchina Water Treatment Co Ltd engages in the construction and operation of a water project in China. The company is involved in the supply of water; and the provision of sewage and wastewater treatment services. It also offers environmental protection equipment, as well as engineering and technical services.
45GF Score

Get the complete analysis for SHSE:600187

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥1.41
Price
¥2.74
GF Value