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Shenzhen InvestmentHKSE:00604 +2.24%56 PB Ratio is 0.17 as of Aug. 12, 2026, which is 59% below its 10-year median of 0.41. GuruFocus rates HKSE:00604 with a GF Score™ of 56/100 and a GF Value™ of HK$2.23 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,714 Real Estate companies, Shenzhen Investment ranks better than 93.23% on this metric.
Shenzhen Investment Ltd stock PB Ratio (=0.17) is close to 1-year low of 0.16.
The historical rank and industry rank for Shenzhen Investment's PB Ratio or its related term are showing as below:
HKSE:00604'
s PB Ratio Range Over the Past 10 Years
Min: 0.14 Med: 0.41 Max: 0.89
Current: 0.17
During the past 13 years, Shenzhen Investment's highest PB Ratio was 0.89. The lowest was 0.14. And the median was 0.41.
HKSE:00604's PB Ratio is ranked better than 93.23% of 1714
companies
in the Real Estate industry
Industry Median: 0.825
vs HKSE:00604: 0.17
During the past 12 months, Shenzhen Investment's average Book Value Per Share Growth Rate was -7.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -7.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -7.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -0.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Shenzhen Investment was 32.60% per year. The lowest was -7.80% per year. And the median was 3.80% per year.
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 Investment PB Ratio Related Terms
Shenzhen Investment PB Ratio Historical Data
* Premium members only.
The historical data trend for Shenzhen Investment'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 Investment PB Ratio Competitor Comparison
For the Real Estate - Development subindustry, Shenzhen Investment'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 Investment PB Ratio vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Shenzhen Investment's PB Ratio distribution charts can be found below:
* The bar in red indicates where Shenzhen Investment'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.
Shenzhen Investment (HKSE:00604) has a PB Ratio of 0.17 as of Aug. 12, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Shenzhen Investment and its competitors. This is 59% below median its historical median of 0.41. Over the past decade, Shenzhen Investment's PB Ratio has ranged from 0.14 to 0.89. According to the industry distribution chart, Shenzhen Investment ranks #116 out of 1714 companies in the Real Estate industry, placing it in the top 6.8%.
Is Shenzhen Investment's PB Ratio too high?
Shenzhen Investment's current PB Ratio of 0.17 is 59% below median its 10-year median of 0.41. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 0.89. The Real Estate industry median PB Ratio is 0.83. Shenzhen Investment's value of 0.17 is 79.4% below this industry median. Based on the distribution chart, Shenzhen Investment ranks #116 out of 1714 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Shenzhen Investment has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shenzhen Investment's PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Shenzhen Investment ranks #116 out of 1714 companies for PB Ratio. This places Shenzhen Investment in the top 7% of its industry — outperforming the majority of peers. The industry median PB Ratio is 0.83. Shenzhen Investment's value of 0.17 is 79.4% below this benchmark. Historically, Shenzhen Investment's own PB Ratio has ranged from 0.14 to 0.89 over the past decade. While the company's 10-year median is 0.41 vs. the industry median of 0.83, Shenzhen Investment 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 0.83, based on 1,714 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 Investment's current PB Ratio of 0.17 is 79.4% 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 Investment and its competitors. For the Real Estate industry, the median PB Ratio is 0.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shenzhen Investment's current PB Ratio is 0.17, which is 59% below median its own 10-year median of 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen Investment stock overvalued right now?
Based on GuruFocus' analysis, Shenzhen Investment (HKSE:00604) is currently considered Possible Value Trap. The stock's GF Value™ is HK$2.23, compared to a current price of HK$0.69 — trading 69.3% below its estimated fair value. The current PB Ratio is 0.17, which is 59% below median its 10-year median of 0.41 and 79.4% below the Real Estate industry median of 0.83. Shenzhen Investment's overall GF Score™ is 56/100 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 Investment (HKSE:00604), the current PB Ratio is 0.17 as of Aug. 12, 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 Investment (HKSE:00604) Overvalued in 2026?
Based on GuruFocus' analysis, Shenzhen Investment stock appears to be undervalued.
The current stock price of HK$0.69 is trading 69.3% below its estimated GF Value™ of HK$2.23.
GuruFocus considers Shenzhen Investment to be Possible Value Trap.
Key valuation signals for HKSE:00604:
PB Ratio: 0.17 (59% below median its 10-year median of 0.41)
GF Value™: HK$2.23 vs. price of HK$0.69 (69.3% below fair value)
Industry Position: 79.4% below the Real Estate median (#116 of 1714)
No single metric tells the full story. See the HKSE:00604 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shenzhen Investment Ltd is a general real estate company. The company reports five core segments: property development, property investment, property management, manufacture, and others. The company generates the vast majority of its revenue from its property development operations, followed by property management. The property development segment develops residential, industrial, and commercial properties. The company generates all of its revenue in Mainland China.
56GF Score
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