JY Gas (HKSE:01407) PB Ratio: 0.78 (As of Aug. 17, 2026) — Near 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:01407 JY Gas Ltd HKSE:01407
55 GF Score
Price HK$0.61
GF Value HK$0.34
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is JY Gas PB Ratio?

JY Gas HKSE:01407 +5.17% 55 PB Ratio is 0.78 as of Aug. 17, 2026, which is 4% above its 10-year median of 0.75. GuruFocus rates HKSE:01407 with a GF Score™ of 55/100 and a GF Value™ of HK$0.34 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 498 Utilities - Regulated companies, JY Gas ranks better than 76.1% 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 (2026-08-17), JY Gas's share price is HK$0.61. JY Gas's Book Value per Share for the quarter that ended in Dec. 2025 was HK$0.78. Hence, JY Gas's PB Ratio of today is 0.78.

Good Sign:

JY Gas Ltd stock PB Ratio (=0.74) is close to 1-year low of 0.68.

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

HKSE:01407' s PB Ratio Range Over the Past 10 Years
Min: 0.5   Med: 0.75   Max: 5.29
Current: 0.78

During the past 7 years, JY Gas's highest PB Ratio was 5.29. The lowest was 0.50. And the median was 0.75.

HKSE:01407's PB Ratio is ranked better than
76.1% of 498 companies
in the Utilities - Regulated industry
Industry Median: 1.44 vs HKSE:01407: 0.78

During the past 12 months, JY Gas's average Book Value Per Share Growth Rate was 8.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 4.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 22.20% per year.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of JY Gas was 108.30% per year. The lowest was 4.00% per year. And the median was 32.80% per year.

Back to Basics: PB Ratio


JY Gas  (HKSE:01407) 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.


JY Gas PB Ratio Related Terms


JY Gas PB Ratio Historical Data

* Premium members only.

The historical data trend for JY Gas'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.

JY Gas PB Ratio Chart

JY Gas Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial 0.00 1.49 0.80 0.55 0.78

JY Gas Semi-Annual Data
Dec19 Dec20 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 0.80 0.59 0.55 0.61 0.78

HKSE:01407 vs ATO, NI, UGI: PB Ratio Comparison

For the Utilities - Regulated Gas subindustry, JY Gas'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.


JY Gas PB Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, JY Gas's PB Ratio distribution charts can be found below:

* The bar in red indicates where JY Gas's PB Ratio falls into.


HKSE:01407
55GF Score
JY Gas Ltd HKSE:01407
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

JY Gas 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.

JY Gas's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=0.61/0.784
=0.78

* 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 0.78 mean?
JY Gas (HKSE:01407) has a PB Ratio of 0.78 as of Aug. 17, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on JY Gas and its competitors. This is near median its historical median of 0.75. Over the past decade, JY Gas' PB Ratio has ranged from 0.50 to 5.29. According to the industry distribution chart, JY Gas ranks #119 out of 498 companies in the Utilities - Regulated industry, placing it in the top 23.9%.
Is JY Gas' PB Ratio too high?
JY Gas' current PB Ratio of 0.78 is near median its 10-year median of 0.75. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 5.29. The Utilities - Regulated industry median PB Ratio is 1.44. JY Gas' value of 0.78 is 45.8% below this industry median. Based on the distribution chart, JY Gas ranks #119 out of 498 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, JY Gas has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JY Gas' PB Ratio compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, JY Gas ranks #119 out of 498 companies for PB Ratio. This places JY Gas in the top 24% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.44. JY Gas' value of 0.78 is 45.8% below this benchmark. Historically, JY Gas' own PB Ratio has ranged from 0.50 to 5.29 over the past decade. While the company's 10-year median is 0.75 vs. the industry median of 1.44, JY Gas 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 an Utilities - Regulated company?
The median PB Ratio among Utilities - Regulated companies is 1.44, based on 498 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. JY Gas's current PB Ratio of 0.78 is 45.8% 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 JY Gas and its competitors. For the Utilities - Regulated industry, the median PB Ratio is 1.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JY Gas's current PB Ratio is 0.78, which is near median its own 10-year median of 0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JY Gas stock overvalued right now?
Based on GuruFocus' analysis, JY Gas (HKSE:01407) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.34, compared to a current price of HK$0.61 — trading 79.4% above its estimated fair value. The current PB Ratio is 0.78, which is near median its 10-year median of 0.75 and 45.8% below the Utilities - Regulated industry median of 1.44. JY Gas' overall GF Score™ is 55/100 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 JY Gas (HKSE:01407), the current PB Ratio is 0.78 as of Aug. 17, 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 JY Gas (HKSE:01407) Overvalued in 2026?

Based on GuruFocus' analysis, JY Gas stock appears to be overvalued. The current stock price of HK$0.61 is trading 79.4% above its estimated GF Value™ of HK$0.34. GuruFocus considers JY Gas to be Significantly Overvalued.

Key valuation signals for HKSE:01407:

  • PB Ratio: 0.78 (near median its 10-year median of 0.75)
  • GF Value™: HK$0.34 vs. price of HK$0.61 (79.4% above fair value)
  • GF Score™: 55/100 with 8 warning signs
  • Industry Position: 45.8% below the Utilities - Regulated median (#119 of 498)

No single metric tells the full story. See the HKSE:01407 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


JY Gas Business Description

Address No. 2568 Shi’an Road West, 3rd Floor, Jiaoyun Group Building, Weifang Municipality, Shandong Provinc, Gaomi City, CHN
JY Gas Ltd principally engaged in the sale of natural gas, mainly piped natural gas (PNG), compressed natural gas (CNG) and liquefied natural gas (LNG), the provision of construction and installation services and the sale of gas-burning appliances in Gaomi City, Shandong Province. The company has only one single operating segment. The company's projects includes Liquan Avenue CNG Station, Liquanmen Station, Longtan Road CNG-LNG Station, Shi'an Road CNG Station, Peak shaving station, Xianjiamen Station, and Toll hall.
55GF Score

Get the complete analysis for HKSE:01407

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

HK$0.61
Price
HK$0.34
GF Value