SHZNF (Shenzhen Expressway) PB Ratio: 0.60 (As of Jul. 02, 2026) — 43% Below Median


SHZNF Shenzhen Expressway Corp Ltd SHZNF
72 GF Score
Price $0.95
GF Value $1.08
! 7 Warning Signs
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What is Shenzhen Expressway PB Ratio?

Shenzhen Expressway SHZNF 72 PB Ratio is 0.60 as of Jul. 02, 2026, which is 43% below its 10-year median of 1.06. GuruFocus rates SHZNF with a GF Score™ of 72/100 and a GF Value™ of $1.08. The stock has 7 warning signs investors should review. Among 1,716 Construction companies, Shenzhen Expressway ranks better than 71.74% 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 (2026-07-02), Shenzhen Expressway's share price is $0.94975. Shenzhen Expressway's Book Value per Share for the quarter that ended in Mar. 2026 was $1.57. Hence, Shenzhen Expressway's PB Ratio of today is 0.60.

Good Sign:

Shenzhen Expressway Corp Ltd stock PB Ratio (=0.78) is close to 10-year low of 0.75.

The historical rank and industry rank for Shenzhen Expressway's PB Ratio or its related term are showing as below:

SHZNF' s PB Ratio Range Over the Past 10 Years
Min: 0.75   Med: 1.06   Max: 1.65
Current: 0.78

During the past 13 years, Shenzhen Expressway's highest PB Ratio was 1.65. The lowest was 0.75. And the median was 1.06.

SHZNF's PB Ratio is ranked better than
71.74% of 1716 companies
in the Construction industry
Industry Median: 1.33 vs SHZNF: 0.78

During the past 12 months, Shenzhen Expressway's average Book Value Per Share Growth Rate was 1.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 2.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -1.10% per year. During the past 10 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 Shenzhen Expressway was 19.10% per year. The lowest was -5.00% per year. And the median was 8.30% per year.

Back to Basics: PB Ratio


Shenzhen Expressway  (OTCPK:SHZNF) 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.


Shenzhen Expressway PB Ratio Related Terms


Shenzhen Expressway PB Ratio Historical Data

* Premium members only.

The historical data trend for Shenzhen Expressway'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.

Shenzhen Expressway PB Ratio Chart

Shenzhen Expressway 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 0.54 0.53 0.60 0.65 0.59

Shenzhen Expressway 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 0.56 0.56 0.61 0.59 0.60

Shenzhen Expressway PB Ratio Competitor Comparison

For the Infrastructure Operations subindustry, Shenzhen Expressway'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.


Shenzhen Expressway PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Shenzhen Expressway's PB Ratio distribution charts can be found below:

* The bar in red indicates where Shenzhen Expressway's PB Ratio falls into.


SHZNF
72GF Score
Shenzhen Expressway Corp Ltd SHZNF
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Shenzhen Expressway 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.

Shenzhen Expressway's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=0.94975/1.571
=0.60

* 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 0.60 mean?
Shenzhen Expressway (SHZNF) has a PB Ratio of 0.60 as of Jul. 02, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Shenzhen Expressway and its competitors. This is 43% below median its historical median of 1.06. Over the past decade, Shenzhen Expressway's PB Ratio has ranged from 0.75 to 1.65. According to the industry distribution chart, Shenzhen Expressway ranks #485 out of 1716 companies in the Construction industry, placing it in the top 28.3%.
Is Shenzhen Expressway's PB Ratio too high?
Shenzhen Expressway's current PB Ratio of 0.60 is 43% below median its 10-year median of 1.06. Over the past 10 years, this metric has ranged from a low of 0.75 to a high of 1.65. The Construction industry median PB Ratio is 1.33. Shenzhen Expressway's value of 0.60 is 54.9% below this industry median. Based on the distribution chart, Shenzhen Expressway ranks #485 out of 1716 companies in the Construction industry, which is above the industry midpoint. Overall, Shenzhen Expressway has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Shenzhen Expressway's PB Ratio compare to competitors?
According to the Construction industry distribution chart, Shenzhen Expressway ranks #485 out of 1716 companies for PB Ratio. This puts Shenzhen Expressway in the upper half of its industry. The industry median PB Ratio is 1.33. Shenzhen Expressway's value of 0.60 is 54.9% below this benchmark. Historically, Shenzhen Expressway's own PB Ratio has ranged from 0.75 to 1.65 over the past decade. While the company's 10-year median is 1.06 vs. the industry median of 1.33, Shenzhen Expressway 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 1.33, based on 1,716 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. Shenzhen Expressway's current PB Ratio of 0.60 is 54.9% 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 Shenzhen Expressway and its competitors. For the Construction industry, the median PB Ratio is 1.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shenzhen Expressway's current PB Ratio is 0.60, which is 43% below median its own 10-year median of 1.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen Expressway stock overvalued right now?
Shenzhen Expressway (SHZNF) has a current PB Ratio of 0.60. The stock's GF Value™ is $1.08, compared to a current price of $0.95 — trading 12.1% below its estimated fair value. The current PB Ratio is 0.60, which is 43% below median its 10-year median of 1.06 and 54.9% below the Construction industry median of 1.33. Shenzhen Expressway's overall GF Score™ is 72/100 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 Shenzhen Expressway (SHZNF), the current PB Ratio is 0.60 as of Jul. 02, 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 Shenzhen Expressway (SHZNF) Overvalued in 2026?

Based on GuruFocus' analysis, Shenzhen Expressway stock appears to be undervalued. The current stock price of $0.95 is trading 12.1% below its estimated GF Value™ of $1.08.

Key valuation signals for SHZNF:

  • PB Ratio: 0.60 (43% below median its 10-year median of 1.06)
  • GF Value™: $1.08 vs. price of $0.95 (12.1% below fair value)
  • GF Score™: 72/100 with 7 warning signs
  • Industry Position: 54.9% below the Construction median (#485 of 1716)

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


Shenzhen Expressway Business Description

Address Shennan Avenue, No. 9968, Hanking Centre, 46th Floor, Nanshan District, Guangdong Province, Shenzhen, CHN, 518057
Shenzhen Expressway Corp Ltd is engaged in the construction, operation, management, and investment of toll highways and environmental protection in China. The Group has identified two reporting segments, namely the toll road segment and the environmental protection segment. The toll road segment takes charge of the operation and management of toll roads in Mainland China. The environmental protection segment operates and manages environmentally related infrastructure, mainly including solid waste treatment, clean energy, and other related fields. The majority of its revenue is derived from the toll road segment.
72GF Score

Get the complete analysis for SHZNF

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

$0.95
Price
$1.08
GF Value