Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Shuifa Gas CoSHSE:603318 +5.49%62 PB Ratio is 2.83 as of Aug. 18, 2026, which is 6% below its 10-year median of 3.01. GuruFocus rates SHSE:603318 with a GF Score™ of 62/100 and a GF Value™ of ¥5.21 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 936 Oil & Gas companies, Shuifa Gas Co ranks worse than 77.56% 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 (2026-08-18), Shuifa Gas Co's share price is ¥9.60. Shuifa Gas Co's Book Value per Share for the quarter that ended in Mar. 2026 was ¥3.39. Hence, Shuifa Gas Co's PB Ratio of today is 2.83.
The historical rank and industry rank for Shuifa Gas Co's PB Ratio or its related term are showing as below:
SHSE:603318'
s PB Ratio Range Over the Past 10 Years
Min: 1.48 Med: 3.01 Max: 14.39
Current: 2.83
During the past 13 years, Shuifa Gas Co's highest PB Ratio was 14.39. The lowest was 1.48. And the median was 3.01.
SHSE:603318's PB Ratio is ranked worse than 77.56% of 936
companies
in the Oil & Gas industry
Industry Median: 1.5
vs SHSE:603318: 2.83
During the past 12 months, Shuifa Gas Co's average Book Value Per Share Growth Rate was 3.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -5.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 4.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 9.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Shuifa Gas Co was 47.10% per year. The lowest was -5.00% per year. And the median was 12.65% 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.
Shuifa Gas Co PB Ratio Related Terms
Shuifa Gas Co PB Ratio Historical Data
* Premium members only.
The historical data trend for Shuifa 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 Oil & Gas Equipment & Services subindustry, Shuifa 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.
Shuifa Gas Co PB Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Shuifa Gas Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Shuifa 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.
Shuifa Gas Co's PB Ratio for today is calculated as follows:
* 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.
Shuifa Gas Co (SHSE:603318) has a PB Ratio of 2.83 as of Aug. 18, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Shuifa Gas Co and its competitors. This is near median its historical median of 3.01. Over the past decade, Shuifa Gas Co's PB Ratio has ranged from 1.48 to 14.39. According to the industry distribution chart, Shuifa Gas Co ranks #726 out of 936 companies in the Oil & Gas industry, placing it in the top 77.6%.
Is Shuifa Gas Co's PB Ratio too high?
Shuifa Gas Co's current PB Ratio of 2.83 is near median its 10-year median of 3.01. Over the past 10 years, this metric has ranged from a low of 1.48 to a high of 14.39. The Oil & Gas industry median PB Ratio is 1.50. Shuifa Gas Co's value of 2.83 is 88.7% above this industry median. Based on the distribution chart, Shuifa Gas Co ranks #726 out of 936 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Shuifa Gas Co has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shuifa Gas Co's PB Ratio compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Shuifa Gas Co ranks #726 out of 936 companies for PB Ratio. This places Shuifa Gas Co in the lower half of its industry. The industry median PB Ratio is 1.50. Shuifa Gas Co's value of 2.83 is 88.7% above this benchmark. Historically, Shuifa Gas Co's own PB Ratio has ranged from 1.48 to 14.39 over the past decade. While the company's 10-year median is 3.01 vs. the industry median of 1.50, Shuifa 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 Oil & Gas company?
The median PB Ratio among Oil & Gas companies is 1.50, based on 936 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. Shuifa Gas Co's current PB Ratio of 2.83 is 88.7% 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 Shuifa Gas Co and its competitors. For the Oil & Gas industry, the median PB Ratio is 1.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shuifa Gas Co's current PB Ratio is 2.83, which is near median its own 10-year median of 3.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shuifa Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Shuifa Gas Co (SHSE:603318) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥5.21, compared to a current price of ¥9.60 — trading 84.3% above its estimated fair value. The current PB Ratio is 2.83, which is near median its 10-year median of 3.01 and 88.7% above the Oil & Gas industry median of 1.50. Shuifa Gas Co's overall GF Score™ is 62/100 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 Shuifa Gas Co (SHSE:603318), the current PB Ratio is 2.83 as of Aug. 18, 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 Shuifa Gas Co (SHSE:603318) Overvalued in 2026?
Based on GuruFocus' analysis, Shuifa Gas Co stock appears to be overvalued.
The current stock price of ¥9.60 is trading 84.3% above its estimated GF Value™ of ¥5.21.
GuruFocus considers Shuifa Gas Co to be Significantly Overvalued.
Key valuation signals for SHSE:603318:
PB Ratio: 2.83 (near median its 10-year median of 3.01)
GF Value™: ¥5.21 vs. price of ¥9.60 (84.3% above fair value)
Industry Position: 88.7% above the Oil & Gas median (#726 of 936)
No single metric tells the full story. See the SHSE:603318 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shuifa Gas Co Ltd is engaged in the design, production, sales, and service of products related to gas transmission, distribution, and gas applications. Its business scope includes gas supply operations, hazardous chemicals trading, power generation, electricity transmission and distribution, and insurance agency services.
62GF Score
Get the complete analysis for SHSE:603318
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:603318 has been successfully added to your 
