China Qinfa Group (HKSE:00866) PB Ratio: 2.62 (As of Aug. 27, 2026) — 27% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HKSE:00866 China Qinfa Group Ltd HKSE:00866
36 GF Score
Price HK$2.36
GF Value HK$0.58
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is China Qinfa Group PB Ratio?

China Qinfa Group HKSE:00866 +2.61% 36 PB Ratio is 2.62 as of Aug. 27, 2026, which is 27% below its 10-year median of 3.59. GuruFocus rates HKSE:00866 with a GF Score™ of 36/100 and a GF Value™ of HK$0.58 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 177 Other Energy Sources companies, China Qinfa Group ranks worse than 70.62% 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 (2026-08-27), China Qinfa Group's share price is HK$2.36. China Qinfa Group's Book Value per Share for the quarter that ended in Dec. 2025 was HK$0.90. Hence, China Qinfa Group's PB Ratio of today is 2.62.

The historical rank and industry rank for China Qinfa Group's PB Ratio or its related term are showing as below:

HKSE:00866' s PB Ratio Range Over the Past 10 Years
Min: 1.02   Med: 3.59   Max: 45.83
Current: 2.62

During the past 13 years, China Qinfa Group's highest PB Ratio was 45.83. The lowest was 1.02. And the median was 3.59.

HKSE:00866's PB Ratio is ranked worse than
70.62% of 177 companies
in the Other Energy Sources industry
Industry Median: 1.53 vs HKSE:00866: 2.62

During the past 12 months, China Qinfa Group's average Book Value Per Share Growth Rate was 8.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 431.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of China Qinfa Group was 431.50% per year. The lowest was -20.30% per year. And the median was 44.75% per year.

Back to Basics: PB Ratio


China Qinfa Group  (HKSE:00866) 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 Qinfa Group PB Ratio Related Terms


China Qinfa Group PB Ratio Historical Data

* Premium members only.

The historical data trend for China Qinfa Group'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 Qinfa Group PB Ratio Chart

China Qinfa Group 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 37.33 0.00 1.40 2.99

China Qinfa Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.00 0.00 1.40 2.31 2.99

China Qinfa Group PB Ratio Competitor Comparison

For the Thermal Coal subindustry, China Qinfa Group'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 Qinfa Group PB Ratio vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, China Qinfa Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where China Qinfa Group's PB Ratio falls into.


HKSE:00866
36GF Score
China Qinfa Group Ltd HKSE:00866
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Qinfa Group 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 Qinfa Group's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=2.36/0.901
=2.62

* 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 2.62 mean?
China Qinfa Group (HKSE:00866) has a PB Ratio of 2.62 as of Aug. 27, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on China Qinfa Group and its competitors. This is 27% below median its historical median of 3.59. Over the past decade, China Qinfa Group's PB Ratio has ranged from 1.02 to 45.83. According to the industry distribution chart, China Qinfa Group ranks #125 out of 177 companies in the Other Energy Sources industry, placing it in the top 70.6%.
Is China Qinfa Group's PB Ratio too high?
China Qinfa Group's current PB Ratio of 2.62 is 27% below median its 10-year median of 3.59. Over the past 10 years, this metric has ranged from a low of 1.02 to a high of 45.83. The Other Energy Sources industry median PB Ratio is 1.53. China Qinfa Group's value of 2.62 is 71.2% above this industry median. Based on the distribution chart, China Qinfa Group ranks #125 out of 177 companies in the Other Energy Sources industry, which is below the industry midpoint. Overall, China Qinfa Group has a GF Score™ of 36/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Qinfa Group's PB Ratio compare to competitors?
According to the Other Energy Sources industry distribution chart, China Qinfa Group ranks #125 out of 177 companies for PB Ratio. This places China Qinfa Group in the lower half of its industry. The industry median PB Ratio is 1.53. China Qinfa Group's value of 2.62 is 71.2% above this benchmark. Historically, China Qinfa Group's own PB Ratio has ranged from 1.02 to 45.83 over the past decade. While the company's 10-year median is 3.59 vs. the industry median of 1.53, China Qinfa Group 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 Other Energy Sources company?
The median PB Ratio among Other Energy Sources companies is 1.53, based on 177 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 Qinfa Group's current PB Ratio of 2.62 is 71.2% 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 China Qinfa Group and its competitors. For the Other Energy Sources industry, the median PB Ratio is 1.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Qinfa Group's current PB Ratio is 2.62, which is 27% below median its own 10-year median of 3.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Qinfa Group stock overvalued right now?
Based on GuruFocus' analysis, China Qinfa Group (HKSE:00866) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.58, compared to a current price of HK$2.36 — trading 306.9% above its estimated fair value. The current PB Ratio is 2.62, which is 27% below median its 10-year median of 3.59 and 71.2% above the Other Energy Sources industry median of 1.53. China Qinfa Group's overall GF Score™ is 36/100 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 China Qinfa Group (HKSE:00866), the current PB Ratio is 2.62 as of Aug. 27, 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 Qinfa Group (HKSE:00866) Overvalued in 2026?

Based on GuruFocus' analysis, China Qinfa Group stock appears to be overvalued. The current stock price of HK$2.36 is trading 306.9% above its estimated GF Value™ of HK$0.58. GuruFocus considers China Qinfa Group to be Significantly Overvalued.

Key valuation signals for HKSE:00866:

  • PB Ratio: 2.62 (27% below median its 10-year median of 3.59)
  • GF Value™: HK$0.58 vs. price of HK$2.36 (306.9% above fair value)
  • GF Score™: 36/100 with 4 warning signs
  • Industry Position: 71.2% above the Other Energy Sources median (#125 of 177)

No single metric tells the full story. See the HKSE:00866 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Qinfa Group Business Description

Other Exchanges 16Q:Germany
Address No. 1 Pazhou Avenue East, Unit Nos. 2201 to 2208, Level 22, South Tower, Poly International Plaza, Haizhu District, Guangzhou, CHN
China Qinfa Group Ltd is a Hong Kong-based firm engaged in coal operation business involving coal mining, purchases and sales, filtering, storage, and the blending of coal in the PRC. It has a business presence in the PRC and Indonesia, of which the majority of the revenue is generated within the PRC.
36GF Score

Get the complete analysis for HKSE:00866

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

HK$2.36
Price
HK$0.58
GF Value