Golden Solar New Energy Technology Holdings (HKSE:01121) PB Ratio: 2.16 (As of Aug. 14, 2026) — 71% Below Median

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HKSE:01121 Golden Solar New Energy Technology Holdings Ltd HKSE:01121
33 GF Score
Price HK$0.33
GF Value HK$1.44
Valuation Possible Value Trap
! 8 Warning Signs
View Full Analysis

What is Golden Solar New Energy Technology Holdings PB Ratio?

Golden Solar New Energy Technology Holdings HKSE:01121 -2.94% 33 PB Ratio is 2.16 as of Aug. 14, 2026, which is 71% below its 10-year median of 7.54. GuruFocus rates HKSE:01121 with a GF Score™ of 33/100 and a GF Value™ of HK$1.44 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 1,000 Manufacturing - Apparel & Accessories companies, Golden Solar New Energy Technology Holdings ranks worse than 74.4% 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 (2026-08-14), Golden Solar New Energy Technology Holdings's share price is HK$0.33. Golden Solar New Energy Technology Holdings's Book Value per Share for the quarter that ended in Dec. 2025 was HK$0.15. Hence, Golden Solar New Energy Technology Holdings's PB Ratio of today is 2.16.

Good Sign:

Golden Solar New Energy Technology Holdings Ltd stock PB Ratio (=2.16) is close to 5-year low of 2.16.

The historical rank and industry rank for Golden Solar New Energy Technology Holdings's PB Ratio or its related term are showing as below:

HKSE:01121' s PB Ratio Range Over the Past 10 Years
Min: 0.54   Med: 7.54   Max: 64.19
Current: 2.2

During the past 13 years, Golden Solar New Energy Technology Holdings's highest PB Ratio was 64.19. The lowest was 0.54. And the median was 7.54.

HKSE:01121's PB Ratio is ranked worse than
74.4% of 1000 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.1 vs HKSE:01121: 2.20

During the past 12 months, Golden Solar New Energy Technology Holdings's average Book Value Per Share Growth Rate was -32.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -28.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Golden Solar New Energy Technology Holdings was 127.00% per year. The lowest was -65.40% per year. And the median was -4.45% per year.

Back to Basics: PB Ratio


Golden Solar New Energy Technology Holdings  (HKSE:01121) 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.


Golden Solar New Energy Technology Holdings PB Ratio Related Terms


Golden Solar New Energy Technology Holdings PB Ratio Historical Data

* Premium members only.

The historical data trend for Golden Solar New Energy Technology Holdings'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.

Golden Solar New Energy Technology Holdings PB Ratio Chart

Golden Solar New Energy Technology Holdings 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 47.62 19.64 11.78 10.00 8.30

Golden Solar New Energy Technology Holdings 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 11.78 13.39 10.00 8.60 8.30

HKSE:01121 vs NKE, DECK, ONON: PB Ratio Comparison

For the Footwear & Accessories subindustry, Golden Solar New Energy Technology Holdings'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.


Golden Solar New Energy Technology Holdings PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Golden Solar New Energy Technology Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where Golden Solar New Energy Technology Holdings's PB Ratio falls into.


HKSE:01121
33GF Score
Golden Solar New Energy Technology Holdings Ltd HKSE:01121
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Golden Solar New Energy Technology Holdings 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.

Golden Solar New Energy Technology Holdings's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=0.33/0.153
=2.16

* 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 2.16 mean?
Golden Solar New Energy Technology Holdings (HKSE:01121) has a PB Ratio of 2.16 as of Aug. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Golden Solar New Energy Technology Holdings and its competitors. This is 71% below median its historical median of 7.54. Over the past decade, Golden Solar New Energy Technology Holdings' PB Ratio has ranged from 0.54 to 64.19. According to the industry distribution chart, Golden Solar New Energy Technology Holdings ranks #744 out of 1000 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 74.4%.
Is Golden Solar New Energy Technology Holdings' PB Ratio too high?
Golden Solar New Energy Technology Holdings' current PB Ratio of 2.16 is 71% below median its 10-year median of 7.54. Over the past 10 years, this metric has ranged from a low of 0.54 to a high of 64.19. The Manufacturing - Apparel & Accessories industry median PB Ratio is 1.10. Golden Solar New Energy Technology Holdings' value of 2.16 is 96.4% above this industry median. Based on the distribution chart, Golden Solar New Energy Technology Holdings ranks #744 out of 1000 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Golden Solar New Energy Technology Holdings has a GF Score™ of 33/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Golden Solar New Energy Technology Holdings' PB Ratio compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Golden Solar New Energy Technology Holdings ranks #744 out of 1000 companies for PB Ratio. This places Golden Solar New Energy Technology Holdings in the lower half of its industry. The industry median PB Ratio is 1.10. Golden Solar New Energy Technology Holdings' value of 2.16 is 96.4% above this benchmark. Historically, Golden Solar New Energy Technology Holdings' own PB Ratio has ranged from 0.54 to 64.19 over the past decade. While the company's 10-year median is 7.54 vs. the industry median of 1.10, Golden Solar New Energy Technology Holdings 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 Manufacturing - Apparel & Accessories company?
The median PB Ratio among Manufacturing - Apparel & Accessories companies is 1.10, based on 1,000 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. Golden Solar New Energy Technology Holdings's current PB Ratio of 2.16 is 96.4% 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 Golden Solar New Energy Technology Holdings and its competitors. For the Manufacturing - Apparel & Accessories industry, the median PB Ratio is 1.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Golden Solar New Energy Technology Holdings's current PB Ratio is 2.16, which is 71% below median its own 10-year median of 7.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golden Solar New Energy Technology Holdings stock overvalued right now?
Based on GuruFocus' analysis, Golden Solar New Energy Technology Holdings (HKSE:01121) is currently considered Possible Value Trap. The stock's GF Value™ is HK$1.44, compared to a current price of HK$0.33 — trading 77.1% below its estimated fair value. The current PB Ratio is 2.16, which is 71% below median its 10-year median of 7.54 and 96.4% above the Manufacturing - Apparel & Accessories industry median of 1.10. Golden Solar New Energy Technology Holdings' overall GF Score™ is 33/100 with 8 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 Golden Solar New Energy Technology Holdings (HKSE:01121), the current PB Ratio is 2.16 as of Aug. 14, 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 Golden Solar New Energy Technology Holdings (HKSE:01121) Overvalued in 2026?

Based on GuruFocus' analysis, Golden Solar New Energy Technology Holdings stock appears to be undervalued. The current stock price of HK$0.33 is trading 77.1% below its estimated GF Value™ of HK$1.44. GuruFocus considers Golden Solar New Energy Technology Holdings to be Possible Value Trap.

Key valuation signals for HKSE:01121:

  • PB Ratio: 2.16 (71% below median its 10-year median of 7.54)
  • GF Value™: HK$1.44 vs. price of HK$0.33 (77.1% below fair value)
  • GF Score™: 33/100 with 8 warning signs
  • Industry Position: 96.4% above the Manufacturing - Apparel & Accessories median (#744 of 1000)

No single metric tells the full story. See the HKSE:01121 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Golden Solar New Energy Technology Holdings Business Description

Address Huoju Industrial Zone, Jiangnan Town, Licheng District, Fujian Province, Quanzhou, CHN, 362300
Golden Solar New Energy Technology Holdings Ltd is an investment holding, with its subsidiaries engaged in the manufacture and sale of slippers, sandals, casual footwear, Graphene-based EVA Foam Material and Graphene-based Slippers, Sterilizing Chips and graphene air sterilizers, and Cast-mono wafers and Castmono HJT solar cells and modules, HBC solar cells, HBC flexible modules and bendable solar awnings in the PRC. Its segments are the Boree branded products segment; the graphene-based products segment; the Original Equipment Manufacturer; and the photovoltaic products segment. Majority revenue is generated from Original Equipment Manufacturer segment produces slippers for branding and resale by others.
33GF Score

Get the complete analysis for HKSE:01121

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

HK$0.33
Price
HK$1.44
GF Value