Central New Energy Holding Group (HKSE:01735) PB Ratio: 23.00 (As of Aug. 11, 2026) — 22% 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:01735 Central New Energy Holding Group Ltd HKSE:01735
74 GF Score
Price HK$8.21
GF Value HK$20.59
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Central New Energy Holding Group PB Ratio?

Central New Energy Holding Group HKSE:01735 +0.12% 74 PB Ratio is 23.00 as of Aug. 11, 2026, which is 22% below its 10-year median of 29.35. GuruFocus rates HKSE:01735 with a GF Score™ of 74/100 and a GF Value™ of HK$20.59 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,726 Construction companies, Central New Energy Holding Group ranks worse than 98.38% 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 (2026-08-11), Central New Energy Holding Group's share price is HK$8.21. Central New Energy Holding Group's Book Value per Share for the quarter that ended in Dec. 2025 was HK$0.36. Hence, Central New Energy Holding Group's PB Ratio of today is 23.00.

Good Sign:

Central New Energy Holding Group Ltd stock PB Ratio (=22.98) is close to 5-year low of 22.35.

The historical rank and industry rank for Central New Energy Holding Group's PB Ratio or its related term are showing as below:

HKSE:01735' s PB Ratio Range Over the Past 10 Years
Min: 1.85   Med: 29.35   Max: 113.33
Current: 22.81

During the past 11 years, Central New Energy Holding Group's highest PB Ratio was 113.33. The lowest was 1.85. And the median was 29.35.

HKSE:01735's PB Ratio is ranked worse than
98.38% of 1726 companies
in the Construction industry
Industry Median: 1.35 vs HKSE:01735: 22.81

During the past 12 months, Central New Energy Holding Group's average Book Value Per Share Growth Rate was 35.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 99.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 64.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 38.80% per year.

During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Central New Energy Holding Group was 99.40% per year. The lowest was 3.20% per year. And the median was 49.00% per year.

Back to Basics: PB Ratio


Central New Energy Holding Group  (HKSE:01735) 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.


Central New Energy Holding Group PB Ratio Related Terms


Central New Energy Holding Group PB Ratio Historical Data

* Premium members only.

The historical data trend for Central New Energy Holding 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.

Central New Energy Holding Group PB Ratio Chart

Central New Energy Holding Group Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.10 101.22 24.98 30.15 23.00

Central New Energy Holding Group Semi-Annual Data
Mar15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 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 24.98 40.71 30.15 25.97 23.00

HKSE:01735 vs PWR, FIX, EME: PB Ratio Comparison

For the Engineering & Construction subindustry, Central New Energy Holding 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.


Central New Energy Holding Group PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Central New Energy Holding Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where Central New Energy Holding Group's PB Ratio falls into.


HKSE:01735
74GF Score
Central New Energy Holding Group Ltd HKSE:01735
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Central New Energy Holding 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.

Central New Energy Holding Group's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=8.21/0.357
=23.00

* 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 23.00 mean?
Central New Energy Holding Group (HKSE:01735) has a PB Ratio of 23.00 as of Aug. 11, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Central New Energy Holding Group and its competitors. This is 22% below median its historical median of 29.35. Over the past decade, Central New Energy Holding Group's PB Ratio has ranged from 1.85 to 113.33. According to the industry distribution chart, Central New Energy Holding Group ranks #1698 out of 1726 companies in the Construction industry, placing it in the top 98.4%.
Is Central New Energy Holding Group's PB Ratio too high?
Central New Energy Holding Group's current PB Ratio of 23.00 is 22% below median its 10-year median of 29.35. Over the past 10 years, this metric has ranged from a low of 1.85 to a high of 113.33. The Construction industry median PB Ratio is 1.35. Central New Energy Holding Group's value of 23.00 is 1603.7% above this industry median. Based on the distribution chart, Central New Energy Holding Group ranks #1698 out of 1726 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Central New Energy Holding Group has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Central New Energy Holding Group's PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Central New Energy Holding Group ranks #1698 out of 1726 companies for PB Ratio. This places Central New Energy Holding Group in the lower half of its industry. The industry median PB Ratio is 1.35. Central New Energy Holding Group's value of 23.00 is 1603.7% above this benchmark. Historically, Central New Energy Holding Group's own PB Ratio has ranged from 1.85 to 113.33 over the past decade. While the company's 10-year median is 29.35 vs. the industry median of 1.35, Central New Energy Holding 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 a Construction company?
The median PB Ratio among Construction companies is 1.35, based on 1,726 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. Central New Energy Holding Group's current PB Ratio of 23.00 is 1603.7% 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 Central New Energy Holding Group and its competitors. For the Construction industry, the median PB Ratio is 1.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Central New Energy Holding Group's current PB Ratio is 23.00, which is 22% below median its own 10-year median of 29.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Central New Energy Holding Group stock overvalued right now?
Based on GuruFocus' analysis, Central New Energy Holding Group (HKSE:01735) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$20.59, compared to a current price of HK$8.21 — trading 60.1% below its estimated fair value. The current PB Ratio is 23.00, which is 22% below median its 10-year median of 29.35 and 1603.7% above the Construction industry median of 1.35. Central New Energy Holding Group's overall GF Score™ is 74/100 with 3 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 Central New Energy Holding Group (HKSE:01735), the current PB Ratio is 23.00 as of Aug. 11, 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 Central New Energy Holding Group (HKSE:01735) Overvalued in 2026?

Based on GuruFocus' analysis, Central New Energy Holding Group stock appears to be undervalued. The current stock price of HK$8.21 is trading 60.1% below its estimated GF Value™ of HK$20.59. GuruFocus considers Central New Energy Holding Group to be Significantly Undervalued.

Key valuation signals for HKSE:01735:

  • PB Ratio: 23.00 (22% below median its 10-year median of 29.35)
  • GF Value™: HK$20.59 vs. price of HK$8.21 (60.1% below fair value)
  • GF Score™: 74/100 with 3 warning signs
  • Industry Position: 1603.7% above the Construction median (#1698 of 1726)

No single metric tells the full story. See the HKSE:01735 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Central New Energy Holding Group Business Description

Address 191 Java Road, 21th Floor, Unit 2102-03, 10-12, Central K.Wah Centre, North Point, Hong Kong, HKG
Central New Energy Holding Group Ltd is an investment holding company. The Group is principally engaged in the business of new energy and engineering, procurement, and construction (EPC); green building and construction-related business in Hong Kong and the People's Republic of China (the PRC); smart energy management services; health and wellness; and food and beverage (F&B) supply chain. It generates the majority of its revenue from the New Energy and EPC segment, which provides manufacturing and sales of photovoltaic products and EPC services. Its geographic operations are located in both Hong Kong and the PRC. The group generates the majority of its revenue from the PRC.
74GF Score

Get the complete analysis for HKSE:01735

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

HK$8.21
Price
HK$20.59
GF Value