CHN (CHINA FUND) PB Ratio: 1.31 (As of Jun. 25, 2026) — 42% Above Median


CHN CHINA FUND INC CHN
24 GF Score
Price $18.34
! 3 Warning Signs
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What is CHINA FUND PB Ratio?

CHINA FUND CHN 24 PB Ratio is 1.31 as of Jun. 25, 2026, which is 42% above its 10-year median of 0.92. GuruFocus rates CHN with a GF Score™ of 24/100. The stock has 3 warning signs investors should review.

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 (2026-06-25), CHINA FUND's share price is $18.34. CHINA FUND's Book Value per Share for the quarter that ended in Apr. 2025 was $14.03. Hence, CHINA FUND's PB Ratio of today is 1.31.

Warning Sign:

CHINA FUND INC stock PB Ratio (=1.31) is close to 10-year high of 1.39.

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

CHN' s PB Ratio Range Over the Past 10 Years
Min: 0.33   Med: 0.92   Max: 1.39
Current: 1.31

During the past 8 years, CHINA FUND's highest PB Ratio was 1.39. The lowest was 0.33. And the median was 0.92.

CHN's PB Ratio is not ranked
in the Asset Management industry.
Industry Median: 0.95 vs CHN: 1.31

During the past 12 months, CHINA FUND's average Book Value Per Share Growth Rate was 14.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -21.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -16.00% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of CHINA FUND was 16.90% per year. The lowest was -27.80% per year. And the median was -20.20% per year.

Back to Basics: PB Ratio


CHINA FUND  (NYSE:CHN) 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.


CHINA FUND PB Ratio Related Terms


CHINA FUND PB Ratio Historical Data

* Premium members only.

The historical data trend for CHINA FUND'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.

CHINA FUND PB Ratio Chart

CHINA FUND Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
PB Ratio
Get a 7-Day Free Trial 0.89 0.86 0.85 0.82 0.85

CHINA FUND Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25
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 0.85 0.82 0.85 0.85 0.85

CHN vs GAMG, VBF, BSL: PB Ratio Comparison

For the Asset Management subindustry, CHINA FUND'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 FUND PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, CHINA FUND's PB Ratio distribution charts can be found below:

* The bar in red indicates where CHINA FUND's PB Ratio falls into.


CHN
24GF Score
CHINA FUND INC CHN
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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CHINA FUND 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.

CHINA FUND's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Apr. 2025)
=18.34/14.033
=1.31

* 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 1.31 mean?
CHINA FUND (CHN) has a PB Ratio of 1.31 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on CHINA FUND and its competitors. This is 42% above median its historical median of 0.92. Over the past decade, CHINA FUND's PB Ratio has ranged from 0.33 to 1.39.
Is CHINA FUND's PB Ratio too high?
CHINA FUND's current PB Ratio of 1.31 is 42% above median its 10-year median of 0.92. Over the past 10 years, this metric has ranged from a low of 0.33 to a high of 1.39. The Asset Management industry median PB Ratio is 0.95. CHINA FUND's value of 1.31 is 37.9% above this industry median. Overall, CHINA FUND has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does CHINA FUND's PB Ratio compare to GAMG and VBF?
CHINA FUND's PB Ratio of 1.31 can be compared against companies in the Asset Management industry. The industry median PB Ratio is 0.95. CHINA FUND's value of 1.31 is 37.9% above this benchmark. Historically, CHINA FUND's own PB Ratio has ranged from 0.33 to 1.39 over the past decade. While the company's 10-year median is 0.92 vs. the industry median of 0.95, CHINA FUND 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 Asset Management company?
The median PB Ratio among Asset Management companies is 0.95, based on 1,606 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 FUND's current PB Ratio of 1.31 is 37.9% 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 FUND and its competitors. For the Asset Management industry, the median PB Ratio is 0.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CHINA FUND's current PB Ratio is 1.31, which is 42% above median its own 10-year median of 0.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CHINA FUND stock overvalued right now?
CHINA FUND (CHN) has a current PB Ratio of 1.31. The current PB Ratio is 1.31, which is 42% above median its 10-year median of 0.92 and 37.9% above the Asset Management industry median of 0.95. CHINA FUND's overall GF Score™ is 24/100 with 3 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 FUND (CHN), the current PB Ratio is 1.31 as of Jun. 25, 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.

CHINA FUND Business Description

Address C/o Brown Brothers Harriman & Co, 50 Post Office Square, Boston, MA, USA, 02110
CHINA FUND INC is a non-diversified, closed-end management investment company. Its investment objective is a long-term capital appreciation which it seeks to achieve by investing in equity securities with trading in China and outside China. It invests in various industries such as Insurance, Entertainment, Machinery, Electrical Equipment, Beverages, Hotels, Restaurants, and Leisure among others.
24GF Score

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

$18.34
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