China Eastern AirlinesCHEAF 53 PB Ratio is 1.82 as of Jul. 01, 2026, which is 10% below its 10-year median of 2.02. GuruFocus rates CHEAF with a GF Score™ of 53/100 and a GF Value™ of $0.67 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 963 Transportation companies, China Eastern Airlines ranks worse than 73.73% on this metric.
China Eastern Airlines Corp Ltd stock PB Ratio (=2.27) is close to 1-year low of 2.18.
The historical rank and industry rank for China Eastern Airlines's PB Ratio or its related term are showing as below:
CHEAF'
s PB Ratio Range Over the Past 10 Years
Min: 1.02 Med: 2.02 Max: 4.92
Current: 2.27
During the past 13 years, China Eastern Airlines's highest PB Ratio was 4.92. The lowest was 1.02. And the median was 2.02.
CHEAF's PB Ratio is ranked worse than 73.73% of 963
companies
in the Transportation industry
Industry Median: 1.24
vs CHEAF: 2.27
During the past 12 months, China Eastern Airlines's average Book Value Per Share Growth Rate was 1.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 3.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -11.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -7.80% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of China Eastern Airlines was 65.40% per year. The lowest was -27.40% per year. And the median was -1.10% per year.
Back to Basics: PB Ratio
China Eastern Airlines (OTCPK:CHEAF) 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.
For the Airlines subindustry, China Eastern Airlines'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 Eastern Airlines PB Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, China Eastern Airlines's PB Ratio distribution charts can be found below:
* The bar in red indicates where China Eastern Airlines'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.
China Eastern Airlines (CHEAF) has a PB Ratio of 1.82 as of Jul. 01, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on China Eastern Airlines and its competitors. This is 10% below median its historical median of 2.02. Over the past decade, China Eastern Airlines' PB Ratio has ranged from 1.02 to 4.92. According to the industry distribution chart, China Eastern Airlines ranks #710 out of 963 companies in the Transportation industry, placing it in the top 73.7%.
Is China Eastern Airlines' PB Ratio too high?
China Eastern Airlines' current PB Ratio of 1.82 is 10% below median its 10-year median of 2.02. Over the past 10 years, this metric has ranged from a low of 1.02 to a high of 4.92. The Transportation industry median PB Ratio is 1.24. China Eastern Airlines' value of 1.82 is 46.8% above this industry median. Based on the distribution chart, China Eastern Airlines ranks #710 out of 963 companies in the Transportation industry, which is below the industry midpoint. Overall, China Eastern Airlines has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does China Eastern Airlines' PB Ratio compare to DAL and UAL?
According to the Transportation industry distribution chart, China Eastern Airlines ranks #710 out of 963 companies for PB Ratio. This places China Eastern Airlines in the lower half of its industry. The industry median PB Ratio is 1.24. China Eastern Airlines' value of 1.82 is 46.8% above this benchmark. Historically, China Eastern Airlines' own PB Ratio has ranged from 1.02 to 4.92 over the past decade. While the company's 10-year median is 2.02 vs. the industry median of 1.24, China Eastern Airlines 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 Transportation company?
The median PB Ratio among Transportation companies is 1.24, based on 963 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 Eastern Airlines's current PB Ratio of 1.82 is 46.8% 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 China Eastern Airlines and its competitors. For the Transportation industry, the median PB Ratio is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Eastern Airlines's current PB Ratio is 1.82, which is 10% below median its own 10-year median of 2.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Eastern Airlines stock overvalued right now?
Based on GuruFocus' analysis, China Eastern Airlines (CHEAF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.67, compared to a current price of $0.47 — trading 29.8% below its estimated fair value. The current PB Ratio is 1.82, which is 10% below median its 10-year median of 2.02 and 46.8% above the Transportation industry median of 1.24. China Eastern Airlines' overall GF Score™ is 53/100 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 China Eastern Airlines (CHEAF), the current PB Ratio is 1.82 as of Jul. 01, 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 Eastern Airlines (CHEAF) Overvalued in 2026?
Based on GuruFocus' analysis, China Eastern Airlines stock appears to be undervalued.
The current stock price of $0.47 is trading 29.8% below its estimated GF Value™ of $0.67.
GuruFocus considers China Eastern Airlines to be Possible Value Trap.
Key valuation signals for CHEAF:
PB Ratio: 1.82 (10% below median its 10-year median of 2.02)
GF Value™: $0.67 vs. price of $0.47 (29.8% below fair value)
Industry Position: 46.8% above the Transportation median (#710 of 963)
No single metric tells the full story. See the CHEAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Eastern Airlines Corp Ltd principally engaged in the operation of civil aviation, including the provision of passenger, cargo, mail delivery and other extended transportation services, also manufacturing and maintenance of aircraft and aviation equipment, agency services, import and export business, tourism and hotel business; and other businesses related to air transportation. The Group has two reportable segments. Airline transportation operations mainly comprise the provision of passenger, cargo, mail delivery, and ground services. Other services, including tour operations, air catering, and other miscellaneous services, are not included within the airline transportation operations segment. Geographically, the company operates Domestic, Regional and International.
53GF Score
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