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HKSE:02265's PB Ratio is ranked better than 50.88% of 228
companies
in the Waste Management industry
Industry Median: 1.565
vs HKSE:02265: 1.55
During the past 12 months, Hongcheng Environmental Technology Co's average Book Value Per Share Growth Rate was 20.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 10.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 29.40% per year.
During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Hongcheng Environmental Technology Co was 187.40% per year. The lowest was 6.10% per year. And the median was 59.90% per year.
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.
Hongcheng Environmental Technology Co PB Ratio Related Terms
Hongcheng Environmental Technology Co PB Ratio Historical Data
* 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.
Hongcheng Environmental Technology Co PB Ratio Chart
For the Waste Management subindustry, Hongcheng Environmental Technology 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.
Hongcheng Environmental Technology Co PB Ratio vs Waste Management Industry
Hongcheng Environmental Technology 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.
* 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.
Hongcheng Environmental Technology Co (HKSE:02265) has a PB Ratio of 1.56 as of Aug. 21, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Hongcheng Environmental Technology Co and its competitors. This is near median its historical median of 1.57. Over the past decade, Hongcheng Environmental Technology Co's PB Ratio has ranged from 1.03 to 7.78. According to the industry distribution chart, Hongcheng Environmental Technology Co ranks #112 out of 228 companies in the Waste Management industry, placing it in the top 49.1%.
Is Hongcheng Environmental Technology Co's PB Ratio too high?
Hongcheng Environmental Technology Co's current PB Ratio of 1.56 is near median its 10-year median of 1.57. Over the past 10 years, this metric has ranged from a low of 1.03 to a high of 7.78. The Waste Management industry median PB Ratio is 1.57. Hongcheng Environmental Technology Co's value of 1.56 is 0.3% below this industry median. Based on the distribution chart, Hongcheng Environmental Technology Co ranks #112 out of 228 companies in the Waste Management industry, which is above the industry midpoint. Overall, Hongcheng Environmental Technology Co has a GF Score™ of 80/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hongcheng Environmental Technology Co's PB Ratio compare to WM and RSG?
According to the Waste Management industry distribution chart, Hongcheng Environmental Technology Co ranks #112 out of 228 companies for PB Ratio. This puts Hongcheng Environmental Technology Co in the upper half of its industry. The industry median PB Ratio is 1.57. Hongcheng Environmental Technology Co's value of 1.56 is 0.3% below this benchmark. Historically, Hongcheng Environmental Technology Co's own PB Ratio has ranged from 1.03 to 7.78 over the past decade. While the company's 10-year median is 1.57 vs. the industry median of 1.57, Hongcheng Environmental Technology 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 a Waste Management company?
The median PB Ratio among Waste Management companies is 1.57, based on 228 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. Hongcheng Environmental Technology Co's current PB Ratio of 1.56 is 0.3% 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 Hongcheng Environmental Technology Co and its competitors. For the Waste Management industry, the median PB Ratio is 1.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hongcheng Environmental Technology Co's current PB Ratio is 1.56, which is near median its own 10-year median of 1.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hongcheng Environmental Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Hongcheng Environmental Technology Co (HKSE:02265) is currently considered Possible Value Trap. The stock's GF Value™ is HK$1.61, compared to a current price of HK$1.07 — trading 33.5% below its estimated fair value. The current PB Ratio is 1.56, which is near median its 10-year median of 1.57 and 0.3% below the Waste Management industry median of 1.57. Hongcheng Environmental Technology Co's overall GF Score™ is 80/100 with 5 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 Hongcheng Environmental Technology Co (HKSE:02265), the current PB Ratio is 1.56 as of Aug. 21, 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 Hongcheng Environmental Technology Co (HKSE:02265) Overvalued in 2026?
Based on GuruFocus' analysis, Hongcheng Environmental Technology Co stock appears to be undervalued.
The current stock price of HK$1.07 is trading 33.5% below its estimated GF Value™ of HK$1.61.
GuruFocus considers Hongcheng Environmental Technology Co to be Possible Value Trap.
Key valuation signals for HKSE:02265:
PB Ratio: 1.56 (near median its 10-year median of 1.57)
GF Value™: HK$1.61 vs. price of HK$1.07 (33.5% below fair value)
Industry Position: 0.3% below the Waste Management median (#112 of 228)
No single metric tells the full story. See the HKSE:02265 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hongcheng Environmental Technology Co Ltd is an investment holding company. It is engaged in (i) the provision of gold mine hazardous waste treatment services and sales of pyrite concentrate, and (ii) the production and sales of products from reprocessing of pyrite concentrate and sulphuric acid; and (iii) the production and sales of magnesium fertiliser in the PRC. It has two reportable segments: Hazardous waste treatment and recycling, and Reprocessing of pyrite concentrate and Production of magnesium fertiliser. Key revenue is generated from the hazardous waste treatment and recycling segment.
80GF Score
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