Jilin Province Chuncheng Heating Co (HKSE:01853) PB Ratio: 0.48 (As of Aug. 22, 2026) — 40% Below Median

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HKSE:01853 Jilin Province Chuncheng Heating Co Ltd HKSE:01853
70 GF Score
Price HK$1.25
GF Value HK$1.69
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Jilin Province Chuncheng Heating Co PB Ratio?

Jilin Province Chuncheng Heating Co HKSE:01853 70 PB Ratio is 0.48 as of Aug. 22, 2026, which is 40% below its 10-year median of 0.80. GuruFocus rates HKSE:01853 with a GF Score™ of 70/100 and a GF Value™ of HK$1.69 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 436 Utilities - Independent Power Producers companies, Jilin Province Chuncheng Heating Co ranks better than 86.47% 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 (2026-08-22), Jilin Province Chuncheng Heating Co's share price is HK$1.25. Jilin Province Chuncheng Heating Co's Book Value per Share for the quarter that ended in Dec. 2025 was HK$2.60. Hence, Jilin Province Chuncheng Heating Co's PB Ratio of today is 0.48.

The historical rank and industry rank for Jilin Province Chuncheng Heating Co's PB Ratio or its related term are showing as below:

HKSE:01853' s PB Ratio Range Over the Past 10 Years
Min: 0.41   Med: 0.8   Max: 1.91
Current: 0.48

During the past 10 years, Jilin Province Chuncheng Heating Co's highest PB Ratio was 1.91. The lowest was 0.41. And the median was 0.80.

HKSE:01853's PB Ratio is ranked better than
86.47% of 436 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.27 vs HKSE:01853: 0.48

During the past 12 months, Jilin Province Chuncheng Heating Co's average Book Value Per Share Growth Rate was 8.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 6.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 3.30% per year.

During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of Jilin Province Chuncheng Heating Co was 43.10% per year. The lowest was -10.20% per year. And the median was 6.00% per year.

Back to Basics: PB Ratio


Jilin Province Chuncheng Heating Co  (HKSE:01853) 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.


Jilin Province Chuncheng Heating Co PB Ratio Related Terms


Jilin Province Chuncheng Heating Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Jilin Province Chuncheng Heating Co'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.

Jilin Province Chuncheng Heating Co PB Ratio Chart

Jilin Province Chuncheng Heating Co 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 0.88 0.89 0.81 0.67 0.62

Jilin Province Chuncheng Heating Co Semi-Annual Data
Dec16 Dec17 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 0.81 0.53 0.67 0.50 0.62

HKSE:01853 vs CEG, VST, NRG: PB Ratio Comparison

For the Utilities - Independent Power Producers subindustry, Jilin Province Chuncheng Heating Co'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.


Jilin Province Chuncheng Heating Co PB Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Jilin Province Chuncheng Heating Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Jilin Province Chuncheng Heating Co's PB Ratio falls into.


HKSE:01853
70GF Score
Jilin Province Chuncheng Heating Co Ltd HKSE:01853
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jilin Province Chuncheng Heating Co 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.

Jilin Province Chuncheng Heating Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=1.25/2.596
=0.48

* 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 0.48 mean?
Jilin Province Chuncheng Heating Co (HKSE:01853) has a PB Ratio of 0.48 as of Aug. 22, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Jilin Province Chuncheng Heating Co and its competitors. This is 40% below median its historical median of 0.80. Over the past decade, Jilin Province Chuncheng Heating Co's PB Ratio has ranged from 0.41 to 1.91. According to the industry distribution chart, Jilin Province Chuncheng Heating Co ranks #59 out of 436 companies in the Utilities - Independent Power Producers industry, placing it in the top 13.5%.
Is Jilin Province Chuncheng Heating Co's PB Ratio too high?
Jilin Province Chuncheng Heating Co's current PB Ratio of 0.48 is 40% below median its 10-year median of 0.80. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 1.91. The Utilities - Independent Power Producers industry median PB Ratio is 1.27. Jilin Province Chuncheng Heating Co's value of 0.48 is 62.2% below this industry median. Based on the distribution chart, Jilin Province Chuncheng Heating Co ranks #59 out of 436 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Jilin Province Chuncheng Heating Co has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jilin Province Chuncheng Heating Co's PB Ratio compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Jilin Province Chuncheng Heating Co ranks #59 out of 436 companies for PB Ratio. This places Jilin Province Chuncheng Heating Co in the top 14% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.27. Jilin Province Chuncheng Heating Co's value of 0.48 is 62.2% below this benchmark. Historically, Jilin Province Chuncheng Heating Co's own PB Ratio has ranged from 0.41 to 1.91 over the past decade. While the company's 10-year median is 0.80 vs. the industry median of 1.27, Jilin Province Chuncheng Heating Co 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 - Independent Power Producers company?
The median PB Ratio among Utilities - Independent Power Producers companies is 1.27, based on 436 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. Jilin Province Chuncheng Heating Co's current PB Ratio of 0.48 is 62.2% 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 Jilin Province Chuncheng Heating Co and its competitors. For the Utilities - Independent Power Producers industry, the median PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jilin Province Chuncheng Heating Co's current PB Ratio is 0.48, which is 40% below median its own 10-year median of 0.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jilin Province Chuncheng Heating Co stock overvalued right now?
Based on GuruFocus' analysis, Jilin Province Chuncheng Heating Co (HKSE:01853) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$1.69, compared to a current price of HK$1.25 — trading 26% below its estimated fair value. The current PB Ratio is 0.48, which is 40% below median its 10-year median of 0.80 and 62.2% below the Utilities - Independent Power Producers industry median of 1.27. Jilin Province Chuncheng Heating Co's overall GF Score™ is 70/100 with 7 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 Jilin Province Chuncheng Heating Co (HKSE:01853), the current PB Ratio is 0.48 as of Aug. 22, 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 Jilin Province Chuncheng Heating Co (HKSE:01853) Overvalued in 2026?

Based on GuruFocus' analysis, Jilin Province Chuncheng Heating Co stock appears to be undervalued. The current stock price of HK$1.25 is trading 26% below its estimated GF Value™ of HK$1.69. GuruFocus considers Jilin Province Chuncheng Heating Co to be Modestly Undervalued.

Key valuation signals for HKSE:01853:

  • PB Ratio: 0.48 (40% below median its 10-year median of 0.80)
  • GF Value™: HK$1.69 vs. price of HK$1.25 (26% below fair value)
  • GF Score™: 70/100 with 7 warning signs
  • Industry Position: 62.2% below the Utilities - Independent Power Producers median (#59 of 436)

No single metric tells the full story. See the HKSE:01853 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jilin Province Chuncheng Heating Co Business Description

Address No. 998 Nanhu Road, No. 28, Block B, Nanhu Road Community, Nanguan District, Jilin Province, Changchun, CHN
Jilin Province Chuncheng Heating Co Ltd is a heat service provider in Jilin Province. The heat supply activities include the provision and distribution of heat, pipeline connection, and heat transmission services. Further, it is also engaged in the offer of construction, maintenance, and design services which include engineering construction, engineering maintenance, design services, and electrical and instrument maintenance and repair services. It operates in two segments: Heat supply segment and Construction, maintenance and design services segment. It derives the majority of its revenue from the Heat supply segment.
70GF Score

Get the complete analysis for HKSE:01853

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

HK$1.25
Price
HK$1.69
GF Value