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Sinopec Oilfield Service Corp stock PB Ratio (=4.28) is close to 1-year low of 4.
The historical rank and industry rank for Sinopec Oilfield Service's PB Ratio or its related term are showing as below:
SHSE:600871'
s PB Ratio Range Over the Past 10 Years
Min: 2.68 Med: 5.24 Max: 10.25
Current: 4.37
During the past 13 years, Sinopec Oilfield Service's highest PB Ratio was 10.25. The lowest was 2.68. And the median was 5.24.
SHSE:600871's PB Ratio is ranked worse than 86.96% of 928
companies
in the Oil & Gas industry
Industry Median: 1.45
vs SHSE:600871: 4.37
During the past 12 months, Sinopec Oilfield Service's average Book Value Per Share Growth Rate was 6.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 7.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 7.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Sinopec Oilfield Service was 54.60% per year. The lowest was -51.10% per year. And the median was 1.65% 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.
* 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 Drilling subindustry, Sinopec Oilfield Service'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.
Sinopec Oilfield Service PB Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Sinopec Oilfield Service's PB Ratio distribution charts can be found below:
* The bar in red indicates where Sinopec Oilfield Service'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.
Sinopec Oilfield Service (SHSE:600871) has a PB Ratio of 4.40 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 Sinopec Oilfield Service and its competitors. This is 16% below median its historical median of 5.24. Over the past decade, Sinopec Oilfield Service's PB Ratio has ranged from 2.68 to 10.25. According to the industry distribution chart, Sinopec Oilfield Service ranks #807 out of 928 companies in the Oil & Gas industry, placing it in the top 87%.
Is Sinopec Oilfield Service's PB Ratio too high?
Sinopec Oilfield Service's current PB Ratio of 4.40 is 16% below median its 10-year median of 5.24. Over the past 10 years, this metric has ranged from a low of 2.68 to a high of 10.25. The Oil & Gas industry median PB Ratio is 1.45. Sinopec Oilfield Service's value of 4.40 is 203.4% above this industry median. Based on the distribution chart, Sinopec Oilfield Service ranks #807 out of 928 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Sinopec Oilfield Service has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sinopec Oilfield Service's PB Ratio compare to NE and RIG?
According to the Oil & Gas industry distribution chart, Sinopec Oilfield Service ranks #807 out of 928 companies for PB Ratio. This places Sinopec Oilfield Service in the lower half of its industry. The industry median PB Ratio is 1.45. Sinopec Oilfield Service's value of 4.40 is 203.4% above this benchmark. Historically, Sinopec Oilfield Service's own PB Ratio has ranged from 2.68 to 10.25 over the past decade. While the company's 10-year median is 5.24 vs. the industry median of 1.45, Sinopec Oilfield Service 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 Oil & Gas company?
The median PB Ratio among Oil & Gas companies is 1.45, based on 928 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. Sinopec Oilfield Service's current PB Ratio of 4.40 is 203.4% 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 Sinopec Oilfield Service and its competitors. For the Oil & Gas industry, the median PB Ratio is 1.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sinopec Oilfield Service's current PB Ratio is 4.40, which is 16% below median its own 10-year median of 5.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sinopec Oilfield Service stock overvalued right now?
Based on GuruFocus' analysis, Sinopec Oilfield Service (SHSE:600871) is currently considered Fairly Valued. The stock's GF Value™ is ¥2.19, compared to a current price of ¥2.23 — trading 1.8% above its estimated fair value. The current PB Ratio is 4.40, which is 16% below median its 10-year median of 5.24 and 203.4% above the Oil & Gas industry median of 1.45. Sinopec Oilfield Service's overall GF Score™ is 70/100 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 Sinopec Oilfield Service (SHSE:600871), the current PB Ratio is 4.40 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 Sinopec Oilfield Service (SHSE:600871) Overvalued in 2026?
Based on GuruFocus' analysis, Sinopec Oilfield Service stock appears to be overvalued.
The current stock price of ¥2.23 is trading 1.8% above its estimated GF Value™ of ¥2.19.
GuruFocus considers Sinopec Oilfield Service to be Fairly Valued.
Key valuation signals for SHSE:600871:
PB Ratio: 4.40 (16% below median its 10-year median of 5.24)
GF Value™: ¥2.19 vs. price of ¥2.23 (1.8% above fair value)
Industry Position: 203.4% above the Oil & Gas median (#807 of 928)
No single metric tells the full story. See the SHSE:600871 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sinopec Oilfield Service Corp engages in the provision of onshore and offshore oil and natural gas, exploration, provision of contracting, design, and construction services for the oil and gas projects. It operates through five segments: Geophysics, which provides technical and development, exploration geophysical services; Drilling engineering segment, which provides drilling design, and construction, technical services; Logging and mud logging segment; Special downhole segment, which provides oil engineering technical and construction services; and Engineering construction segment, which provides a package of services, including feasibility studies, procurement, and others. Its geographical segments are, The PRC, Middle East and Other countries.
70GF Score
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