Changyou International Group (HKSE:01039) PB Ratio: 0.37 (As of Sep. 12, 2026) — 74% Below Median

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What is Changyou International Group PB Ratio?

Changyou International Group HKSE:01039 PB Ratio is 0.37 as of Sep. 12, 2026, which is 74% below its 10-year median of 1.40. The stock has 5 warning signs investors should review. Among 1,069 Retail - Cyclical companies, Changyou International Group ranks better than 91.67% 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 (2026-09-12), Changyou International Group's share price is HK$0.05. Changyou International Group's Book Value per Share for the quarter that ended in Dec. 2025 was HK$0.13. Hence, Changyou International Group's PB Ratio of today is 0.37.

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

HKSE:01039' s PB Ratio Range Over the Past 10 Years
Min: 0.26   Med: 1.4   Max: 24.32
Current: 0.38

During the past 13 years, Changyou International Group's highest PB Ratio was 24.32. The lowest was 0.26. And the median was 1.40.

HKSE:01039's PB Ratio is ranked better than
91.67% of 1069 companies
in the Retail - Cyclical industry
Industry Median: 1.5 vs HKSE:01039: 0.38

During the past 12 months, Changyou International Group's average Book Value Per Share Growth Rate was -2.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -7.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -11.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 1.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Changyou International Group was 43.10% per year. The lowest was -64.50% per year. And the median was -10.20% per year.

Back to Basics: PB Ratio


Changyou International Group  (HKSE:01039) 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.


Changyou International Group PB Ratio Related Terms


Changyou International Group PB Ratio Historical Data

* Premium members only.

The historical data trend for Changyou International 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.

Changyou International Group PB Ratio Chart

Changyou International 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 1.83 0.90 0.92 0.43 0.39

Changyou International 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 0.92 0.99 0.43 0.28 0.39

HKSE:01039 vs AMZN, BABA, PDD: PB Ratio Comparison

For the Internet Retail subindustry, Changyou International 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.


Changyou International Group PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Changyou International Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where Changyou International Group's PB Ratio falls into.



Changyou International 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.

Changyou International Group's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=0.05/0.134
=0.37

* 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 0.37 mean?
Changyou International Group (HKSE:01039) has a PB Ratio of 0.37 as of Sep. 12, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Changyou International Group and its competitors. This is 74% below median its historical median of 1.40. Over the past decade, Changyou International Group's PB Ratio has ranged from 0.26 to 24.32. According to the industry distribution chart, Changyou International Group ranks #89 out of 1069 companies in the Retail - Cyclical industry, placing it in the top 8.3%.
Is Changyou International Group's PB Ratio too high?
Changyou International Group's current PB Ratio of 0.37 is 74% below median its 10-year median of 1.40. Over the past 10 years, this metric has ranged from a low of 0.26 to a high of 24.32. The Retail - Cyclical industry median PB Ratio is 1.50. Changyou International Group's value of 0.37 is 75.3% below this industry median. Based on the distribution chart, Changyou International Group ranks #89 out of 1069 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers.
How does Changyou International Group's PB Ratio compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, Changyou International Group ranks #89 out of 1069 companies for PB Ratio. This places Changyou International Group in the top 8% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.50. Changyou International Group's value of 0.37 is 75.3% below this benchmark. Historically, Changyou International Group's own PB Ratio has ranged from 0.26 to 24.32 over the past decade. While the company's 10-year median is 1.40 vs. the industry median of 1.50, Changyou International Group 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 Retail - Cyclical company?
The median PB Ratio among Retail - Cyclical companies is 1.50, based on 1,069 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. Changyou International Group's current PB Ratio of 0.37 is 75.3% 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 Changyou International Group and its competitors. For the Retail - Cyclical industry, the median PB Ratio is 1.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Changyou International Group's current PB Ratio is 0.37, which is 74% below median its own 10-year median of 1.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Changyou International Group stock overvalued right now?
Based on GuruFocus' analysis, Changyou International Group (HKSE:01039) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.10, compared to a current price of HK$0.05 — trading 50% below its estimated fair value. The current PB Ratio is 0.37, which is 74% below median its 10-year median of 1.40 and 75.3% below the Retail - Cyclical industry median of 1.50. 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 Changyou International Group (HKSE:01039), the current PB Ratio is 0.37 as of Sep. 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.

Changyou International Group Business Description

Address 100 Cyberport Road, Office Room 45, Unit 405-414, Level 4, Core E, Cyberport 3, Pok Fu Lam, Hong Kong, HKG
Changyou International Group Ltd is engaged in the the sales of goods in the form of virtual assets and credits for consumption of merchandises, games, services and other commercial transactions through the development and operation of an electronic trading platform to promote and facilitate awards earned by customers of loyalty programmes of other companies to be exchanged in the People's Republic of China ( PRC) and other trading business. The company mainly operates in the Digital Point segment that operates an electronic trading platform to promote and facilitate awards earned by customers of loyalty programmes of other companies to be exchanged globally in the form of virtual assets and credits for consumption of merchandises, games, services and other commercial transactions.