GEM Co (XSWX:GEM) PB Ratio: 1.92 (As of Sep. 15, 2026) — Near Median

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XSWX:GEM GEM Co Ltd XSWX:GEM
84 GF Score
Price $12.00
GF Value $16.21
! 8 Warning Signs
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What is GEM Co PB Ratio?

GEM Co XSWX:GEM 84 PB Ratio is 1.92 as of Sep. 15, 2026, which is 8% below its 10-year median of 2.09. GuruFocus rates XSWX:GEM with a GF Score™ of 84/100 and a GF Value™ of $16.21. The stock has 8 warning signs investors should review. Among 230 Waste Management companies, GEM Co ranks better than 51.74% 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 (2026-09-15), GEM Co's share price is $12.00. GEM Co's Book Value per Share for the quarter that ended in Jun. 2026 was $6.26. Hence, GEM Co's PB Ratio of today is 1.92.

Good Sign:

GEM Co Ltd stock PB Ratio (=1.47) is close to 2-year low of 1.46.

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

XSWX:GEM' s PB Ratio Range Over the Past 10 Years
Min: 1.18   Med: 2.09   Max: 4.67
Current: 1.47

During the past 13 years, GEM Co's highest PB Ratio was 4.67. The lowest was 1.18. And the median was 2.09.

XSWX:GEM's PB Ratio is ranked better than
51.74% of 230 companies
in the Waste Management industry
Industry Median: 1.51 vs XSWX:GEM: 1.47

During the past 12 months, GEM Co's average Book Value Per Share Growth Rate was 8.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 8.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 9.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of GEM Co was 80.70% per year. The lowest was 5.10% per year. And the median was 12.80% per year.

Back to Basics: PB Ratio


GEM Co  (XSWX:GEM) 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.


GEM Co PB Ratio Related Terms


GEM Co PB Ratio Historical Data

* Premium members only.

The historical data trend for GEM 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.

GEM Co PB Ratio Chart

GEM Co 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 0.00 1.86 1.98 1.90 1.68

GEM Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.74 1.71 1.68 1.64 1.65

XSWX:GEM vs WM, RSG, WCN: PB Ratio Comparison

For the Waste Management subindustry, GEM 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.


GEM Co PB Ratio vs Waste Management Industry

For the Waste Management industry and Industrials sector, GEM Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where GEM Co's PB Ratio falls into.


XSWX:GEM
84GF Score
GEM Co Ltd XSWX:GEM
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GEM Co 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.

GEM Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2026)
=12.00/6.261
=1.92

* 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 1.92 mean?
GEM Co (XSWX:GEM) has a PB Ratio of 1.92 as of Sep. 15, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on GEM Co and its competitors. This is near median its historical median of 2.09. Over the past decade, GEM Co's PB Ratio has ranged from 1.18 to 4.67. According to the industry distribution chart, GEM Co ranks #111 out of 230 companies in the Waste Management industry, placing it in the top 48.3%.
Is GEM Co's PB Ratio too high?
GEM Co's current PB Ratio of 1.92 is near median its 10-year median of 2.09. Over the past 10 years, this metric has ranged from a low of 1.18 to a high of 4.67. The Waste Management industry median PB Ratio is 1.51. GEM Co's value of 1.92 is 27.2% above this industry median. Based on the distribution chart, GEM Co ranks #111 out of 230 companies in the Waste Management industry, which is above the industry midpoint. Overall, GEM Co has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does GEM Co's PB Ratio compare to WM and RSG?
According to the Waste Management industry distribution chart, GEM Co ranks #111 out of 230 companies for PB Ratio. This puts GEM Co in the upper half of its industry. The industry median PB Ratio is 1.51. GEM Co's value of 1.92 is 27.2% above this benchmark. Historically, GEM Co's own PB Ratio has ranged from 1.18 to 4.67 over the past decade. While the company's 10-year median is 2.09 vs. the industry median of 1.51, GEM 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 a Waste Management company?
The median PB Ratio among Waste Management companies is 1.51, based on 230 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. GEM Co's current PB Ratio of 1.92 is 27.2% 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 GEM Co and its competitors. For the Waste Management industry, the median PB Ratio is 1.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GEM Co's current PB Ratio is 1.92, which is near median its own 10-year median of 2.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GEM Co stock overvalued right now?
GEM Co (XSWX:GEM) has a current PB Ratio of 1.92. The stock's GF Value™ is $16.21, compared to a current price of $12.00 — trading 26% below its estimated fair value. The current PB Ratio is 1.92, which is near median its 10-year median of 2.09 and 27.2% above the Waste Management industry median of 1.51. GEM Co's overall GF Score™ is 84/100 with 8 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 GEM Co (XSWX:GEM), the current PB Ratio is 1.92 as of Sep. 15, 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 GEM Co (XSWX:GEM) Overvalued in 2026?

Based on GuruFocus' analysis, GEM Co stock appears to be undervalued. The current stock price of $12.00 is trading 26% below its estimated GF Value™ of $16.21.

Key valuation signals for XSWX:GEM:

  • PB Ratio: 1.92 (near median its 10-year median of 2.09)
  • GF Value™: $16.21 vs. price of $12.00 (26% below fair value)
  • GF Score™: 84/100 with 8 warning signs
  • Industry Position: 27.2% above the Waste Management median (#111 of 230)

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


GEM Co Business Description

Other Exchanges 002340:China
Address South of Xinghua Road, 20th Floor, Block A, Rongchao Binhai Building, Baoan Center Area, Baoan District, Shenzhen, CHN, 518101
GEM Co Ltd is engaged in Waste battery recycling and power battery material manufacturing business, cobalt, nickel, and tungsten recycling and cemented carbide manufacturing business, renewable resources business, and environmental management business.
84GF Score

Get the complete analysis for XSWX:GEM

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

$12.00
Price
$16.21
GF Value