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Changchun Gas CoSHSE:600333 +0.87%55 PB Ratio is 1.81 as of Jul. 31, 2026, which is 12% above its 10-year median of 1.61. GuruFocus rates SHSE:600333 with a GF Score™ of 55/100 and a GF Value™ of ¥5.31 (Fairly Valued). The stock has 9 warning signs investors should review. Among 500 Utilities - Regulated companies, Changchun Gas Co ranks worse than 65% 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 (2026-07-31), Changchun Gas Co's share price is ¥5.77. Changchun Gas Co's Book Value per Share for the quarter that ended in Mar. 2026 was ¥3.18. Hence, Changchun Gas Co's PB Ratio of today is 1.81.
Good Sign:
Changchun Gas Co Ltd stock PB Ratio (=1.75) is close to 1-year low of 1.59.
The historical rank and industry rank for Changchun Gas Co's PB Ratio or its related term are showing as below:
SHSE:600333'
s PB Ratio Range Over the Past 10 Years
Min: 1.08 Med: 1.61 Max: 3.72
Current: 1.81
During the past 13 years, Changchun Gas Co's highest PB Ratio was 3.72. The lowest was 1.08. And the median was 1.61.
SHSE:600333's PB Ratio is ranked worse than 65% of 500
companies
in the Utilities - Regulated industry
Industry Median: 1.425
vs SHSE:600333: 1.81
During the past 12 months, Changchun Gas Co's average Book Value Per Share Growth Rate was 0.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -1.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -2.30% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 0.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Changchun Gas Co was 43.80% per year. The lowest was -5.20% per year. And the median was 4.95% 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.
Changchun Gas Co PB Ratio Related Terms
Changchun Gas Co PB Ratio Historical Data
* Premium members only.
The historical data trend for Changchun Gas 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.
For the Utilities - Regulated Gas subindustry, Changchun Gas 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.
Changchun Gas Co PB Ratio vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Changchun Gas Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Changchun Gas 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.
Changchun Gas Co (SHSE:600333) has a PB Ratio of 1.81 as of Jul. 31, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Changchun Gas Co and its competitors. This is 12% above median its historical median of 1.61. Over the past decade, Changchun Gas Co's PB Ratio has ranged from 1.08 to 3.72. According to the industry distribution chart, Changchun Gas Co ranks #325 out of 500 companies in the Utilities - Regulated industry, placing it in the top 65%.
Is Changchun Gas Co's PB Ratio too high?
Changchun Gas Co's current PB Ratio of 1.81 is 12% above median its 10-year median of 1.61. Over the past 10 years, this metric has ranged from a low of 1.08 to a high of 3.72. The Utilities - Regulated industry median PB Ratio is 1.43. Changchun Gas Co's value of 1.81 is 27% above this industry median. Based on the distribution chart, Changchun Gas Co ranks #325 out of 500 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Changchun Gas Co has a GF Score™ of 55/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Changchun Gas Co's PB Ratio compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Changchun Gas Co ranks #325 out of 500 companies for PB Ratio. This places Changchun Gas Co in the lower half of its industry. The industry median PB Ratio is 1.43. Changchun Gas Co's value of 1.81 is 27% above this benchmark. Historically, Changchun Gas Co's own PB Ratio has ranged from 1.08 to 3.72 over the past decade. While the company's 10-year median is 1.61 vs. the industry median of 1.43, Changchun Gas Co 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 an Utilities - Regulated company?
The median PB Ratio among Utilities - Regulated companies is 1.43, based on 500 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. Changchun Gas Co's current PB Ratio of 1.81 is 27% 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 Changchun Gas 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. Changchun Gas Co's current PB Ratio is 1.81, which is 12% above median its own 10-year median of 1.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Changchun Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Changchun Gas Co (SHSE:600333) is currently considered Fairly Valued. The stock's GF Value™ is ¥5.31, compared to a current price of ¥5.77 — trading 8.7% above its estimated fair value. The current PB Ratio is 1.81, which is 12% above median its 10-year median of 1.61 and 27% above the Utilities - Regulated industry median of 1.43. Changchun Gas Co's overall GF Score™ is 55/100 with 9 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 Changchun Gas Co (SHSE:600333), the current PB Ratio is 1.81 as of Jul. 31, 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 Changchun Gas Co (SHSE:600333) Overvalued in 2026?
Based on GuruFocus' analysis, Changchun Gas Co stock appears to be overvalued.
The current stock price of ¥5.77 is trading 8.7% above its estimated GF Value™ of ¥5.31.
GuruFocus considers Changchun Gas Co to be Fairly Valued.
Key valuation signals for SHSE:600333:
PB Ratio: 1.81 (12% above median its 10-year median of 1.61)
GF Value™: ¥5.31 vs. price of ¥5.77 (8.7% above fair value)
Industry Position: 27% above the Utilities - Regulated median (#325 of 500)
No single metric tells the full story. See the SHSE:600333 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Changchun Gas Co Ltd is engaged in the production and supply of gas in China. It engages in the production, sale, storage, transportation, and after-sales service of natural gas for automobiles; operation of gas filling stations. The company's business consists of Urban Pipeline Gas Supply, Municipal Engineering Construction, and Comprehensive Energy Services. The generates key revenue from Gas sales.
55GF Score
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