China State Construction Engineering (SHSE:601668) PB Ratio: 0.38 (As of Jul. 23, 2026) — 43% Below Median

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SHSE:601668 China State Construction Engineering Corp Ltd SHSE:601668
55 GF Score
Price ¥4.70
GF Value ¥5.24
Valuation Modestly Undervalued
! 7 Warning Signs
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What is China State Construction Engineering PB Ratio?

China State Construction Engineering SHSE:601668 55 PB Ratio is 0.38 as of Jul. 23, 2026, which is 43% below its 10-year median of 0.67. GuruFocus rates SHSE:601668 with a GF Score™ of 55/100 and a GF Value™ of ¥5.24 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,722 Construction companies, China State Construction Engineering ranks better than 90.42% 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 (2026-07-23), China State Construction Engineering's share price is ¥4.70. China State Construction Engineering's Book Value per Share for the quarter that ended in Mar. 2026 was ¥12.22. Hence, China State Construction Engineering's PB Ratio of today is 0.38.

Good Sign:

China State Construction Engineering Corp Ltd stock PB Ratio (=0.37) is close to 10-year low of 0.36.

The historical rank and industry rank for China State Construction Engineering's PB Ratio or its related term are showing as below:

SHSE:601668' s PB Ratio Range Over the Past 10 Years
Min: 0.36   Med: 0.67   Max: 1.82
Current: 0.38

During the past 13 years, China State Construction Engineering's highest PB Ratio was 1.82. The lowest was 0.36. And the median was 0.67.

SHSE:601668's PB Ratio is ranked better than
90.42% of 1722 companies
in the Construction industry
Industry Median: 1.32 vs SHSE:601668: 0.38

During the past 12 months, China State Construction Engineering's average Book Value Per Share Growth Rate was 5.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 9.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 10.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 13.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of China State Construction Engineering was 107.10% per year. The lowest was 9.10% per year. And the median was 14.45% per year.

Back to Basics: PB Ratio


China State Construction Engineering  (SHSE:601668) 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.


China State Construction Engineering PB Ratio Related Terms


China State Construction Engineering PB Ratio Historical Data

* Premium members only.

The historical data trend for China State Construction Engineering'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.

China State Construction Engineering PB Ratio Chart

China State Construction Engineering 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 0.61 0.59 0.47 0.54 0.43

China State Construction Engineering 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 0.46 0.49 0.46 0.43 0.41

SHSE:601668 vs PWR, FIX, EME: PB Ratio Comparison

For the Engineering & Construction subindustry, China State Construction Engineering'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 State Construction Engineering PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, China State Construction Engineering's PB Ratio distribution charts can be found below:

* The bar in red indicates where China State Construction Engineering's PB Ratio falls into.


SHSE:601668
55GF Score
China State Construction Engineering Corp Ltd SHSE:601668
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China State Construction Engineering 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.

China State Construction Engineering's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=4.70/12.223
=0.38

* 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 0.38 mean?
China State Construction Engineering (SHSE:601668) has a PB Ratio of 0.38 as of Jul. 23, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on China State Construction Engineering and its competitors. This is 43% below median its historical median of 0.67. Over the past decade, China State Construction Engineering's PB Ratio has ranged from 0.36 to 1.82. According to the industry distribution chart, China State Construction Engineering ranks #165 out of 1722 companies in the Construction industry, placing it in the top 9.6%.
Is China State Construction Engineering's PB Ratio too high?
China State Construction Engineering's current PB Ratio of 0.38 is 43% below median its 10-year median of 0.67. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 1.82. The Construction industry median PB Ratio is 1.32. China State Construction Engineering's value of 0.38 is 71.2% below this industry median. Based on the distribution chart, China State Construction Engineering ranks #165 out of 1722 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, China State Construction Engineering has a GF Score™ of 55/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China State Construction Engineering's PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, China State Construction Engineering ranks #165 out of 1722 companies for PB Ratio. This places China State Construction Engineering in the top 10% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.32. China State Construction Engineering's value of 0.38 is 71.2% below this benchmark. Historically, China State Construction Engineering's own PB Ratio has ranged from 0.36 to 1.82 over the past decade. While the company's 10-year median is 0.67 vs. the industry median of 1.32, China State Construction Engineering 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 Construction company?
The median PB Ratio among Construction companies is 1.32, based on 1,722 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 State Construction Engineering's current PB Ratio of 0.38 is 71.2% 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 China State Construction Engineering and its competitors. For the Construction industry, the median PB Ratio is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China State Construction Engineering's current PB Ratio is 0.38, which is 43% below median its own 10-year median of 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China State Construction Engineering stock overvalued right now?
Based on GuruFocus' analysis, China State Construction Engineering (SHSE:601668) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥5.24, compared to a current price of ¥4.70 — trading 10.3% below its estimated fair value. The current PB Ratio is 0.38, which is 43% below median its 10-year median of 0.67 and 71.2% below the Construction industry median of 1.32. China State Construction Engineering's overall GF Score™ is 55/100 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 China State Construction Engineering (SHSE:601668), the current PB Ratio is 0.38 as of Jul. 23, 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 China State Construction Engineering (SHSE:601668) Overvalued in 2026?

Based on GuruFocus' analysis, China State Construction Engineering stock appears to be undervalued. The current stock price of ¥4.70 is trading 10.3% below its estimated GF Value™ of ¥5.24. GuruFocus considers China State Construction Engineering to be Modestly Undervalued.

Key valuation signals for SHSE:601668:

  • PB Ratio: 0.38 (43% below median its 10-year median of 0.67)
  • GF Value™: ¥5.24 vs. price of ¥4.70 (10.3% below fair value)
  • GF Score™: 55/100 with 7 warning signs
  • Industry Position: 71.2% below the Construction median (#165 of 1722)

No single metric tells the full story. See the SHSE:601668 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China State Construction Engineering Business Description

Address Anding Road, Building 3, Courtyard 5, China Construction Fortune International Center, Chaoyang District, Beijing, CHN, 100029
China State Construction Engineering Corp Ltd is a construction and real estate conglomerate. The company conducts its operations through five segments: Housing Construction segment, Infrastructure Construction and Investment segment, Real Estate Development and Investment segment, Design & Survey segment, and Others segment. It derives the majority of its revenue from the Housing Construction segment. The company's services include product technology research and development, survey and design, real estate development, engineering contracting, equipment manufacturing, asset operation, and property management.
55GF Score

Get the complete analysis for SHSE:601668

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

¥4.70
Price
¥5.24
GF Value