Chinese Estates HoldingsCESTF 40 PB Ratio is 0.19 as of Jun. 26, 2026, which is 37% below its 10-year median of 0.30. GuruFocus rates CESTF with a GF Score™ of 40/100 and a GF Value™ of $0.11. The stock has 4 warning signs investors should review. Among 1,711 Real Estate companies, Chinese Estates Holdings ranks better than 92.23% on this metric.
Chinese Estates Holdings Ltd stock PB Ratio (=0.17) is close to 2-year low of 0.16.
The historical rank and industry rank for Chinese Estates Holdings's PB Ratio or its related term are showing as below:
CESTF'
s PB Ratio Range Over the Past 10 Years
Min: 0.13 Med: 0.3 Max: 1.16
Current: 0.17
During the past 13 years, Chinese Estates Holdings's highest PB Ratio was 1.16. The lowest was 0.13. And the median was 0.30.
CESTF's PB Ratio is ranked better than 92.23% of 1711
companies
in the Real Estate industry
Industry Median: 0.82
vs CESTF: 0.17
During the past 12 months, Chinese Estates Holdings's average Book Value Per Share Growth Rate was -1.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -5.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -13.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -12.90% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Chinese Estates Holdings was 36.90% per year. The lowest was -25.30% per year. And the median was -2.35% per year.
Back to Basics: PB Ratio
Chinese Estates Holdings (OTCPK:CESTF) PB Ratio Explanation
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.
Chinese Estates Holdings PB Ratio Competitor Comparison
For the Real Estate - Diversified subindustry, Chinese Estates Holdings'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.
Chinese Estates Holdings PB Ratio vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Chinese Estates Holdings's PB Ratio distribution charts can be found below:
* The bar in red indicates where Chinese Estates Holdings'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.
Chinese Estates Holdings (CESTF) has a PB Ratio of 0.19 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Chinese Estates Holdings and its competitors. This is 37% below median its historical median of 0.30. Over the past decade, Chinese Estates Holdings' PB Ratio has ranged from 0.13 to 1.16. According to the industry distribution chart, Chinese Estates Holdings ranks #133 out of 1711 companies in the Real Estate industry, placing it in the top 7.8%.
Is Chinese Estates Holdings' PB Ratio too high?
Chinese Estates Holdings' current PB Ratio of 0.19 is 37% below median its 10-year median of 0.30. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 1.16. The Real Estate industry median PB Ratio is 0.82. Chinese Estates Holdings' value of 0.19 is 76.8% below this industry median. Based on the distribution chart, Chinese Estates Holdings ranks #133 out of 1711 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Chinese Estates Holdings has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Chinese Estates Holdings' PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Chinese Estates Holdings ranks #133 out of 1711 companies for PB Ratio. This places Chinese Estates Holdings in the top 8% of its industry — outperforming the majority of peers. The industry median PB Ratio is 0.82. Chinese Estates Holdings' value of 0.19 is 76.8% below this benchmark. Historically, Chinese Estates Holdings' own PB Ratio has ranged from 0.13 to 1.16 over the past decade. While the company's 10-year median is 0.30 vs. the industry median of 0.82, Chinese Estates Holdings 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 Real Estate company?
The median PB Ratio among Real Estate companies is 0.82, based on 1,711 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. Chinese Estates Holdings's current PB Ratio of 0.19 is 76.8% 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 Chinese Estates Holdings and its competitors. For the Real Estate industry, the median PB Ratio is 0.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chinese Estates Holdings's current PB Ratio is 0.19, which is 37% below median its own 10-year median of 0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chinese Estates Holdings stock overvalued right now?
Chinese Estates Holdings (CESTF) has a current PB Ratio of 0.19. The stock's GF Value™ is $0.11, compared to a current price of $0.15 — trading 38.1% above its estimated fair value. The current PB Ratio is 0.19, which is 37% below median its 10-year median of 0.30 and 76.8% below the Real Estate industry median of 0.82. Chinese Estates Holdings' overall GF Score™ is 40/100 with 4 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 Chinese Estates Holdings (CESTF), the current PB Ratio is 0.19 as of Jun. 26, 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 Chinese Estates Holdings (CESTF) Overvalued in 2026?
Based on GuruFocus' analysis, Chinese Estates Holdings stock appears to be overvalued.
The current stock price of $0.15 is trading 38.1% above its estimated GF Value™ of $0.11.
Key valuation signals for CESTF:
PB Ratio: 0.19 (37% below median its 10-year median of 0.30)
GF Value™: $0.11 vs. price of $0.15 (38.1% above fair value)
Industry Position: 76.8% below the Real Estate median (#133 of 1711)
No single metric tells the full story. See the CESTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chinese Estates Holdings Ltd is an investment holding company. The company's operating segment includes Property development and trading; Property leasing includes Retail and Non-retail; Listed equity investments at FVTOCI; Investments and treasury products at FVTPL; Unlisted investments, investment holding and brokerage, and other segments. It derives maximum revenue from Investments and treasury products at FVTPL segment, which includes Securities investments in investments held for trading, OTC trading and structured products. The Group focuses in Hong Kong, and diversifies its property interests to mainland China and the United Kingdom.
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