Luzhou Xinglu Water (Group) Co (HKSE:02281) PB Ratio: 0.16 (As of Sep. 09, 2026) — 50% Below Median

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HKSE:02281 Luzhou Xinglu Water (Group) Co Ltd HKSE:02281
52 GF Score
Price HK$0.60
GF Value HK$0.61
Valuation Fairly Valued
! 5 Warning Signs
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What is Luzhou Xinglu Water (Group) Co PB Ratio?

Luzhou Xinglu Water (Group) Co HKSE:02281 -1.64% 52 PB Ratio is 0.16 as of Sep. 09, 2026, which is 50% below its 10-year median of 0.32. GuruFocus rates HKSE:02281 with a GF Score™ of 52/100 and a GF Value™ of HK$0.61 (Fairly Valued). The stock has 5 warning signs investors should review. Among 500 Utilities - Regulated companies, Luzhou Xinglu Water (Group) Co ranks better than 98.4% 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 (2026-09-09), Luzhou Xinglu Water (Group) Co's share price is HK$0.60. Luzhou Xinglu Water (Group) Co's Book Value per Share for the quarter that ended in Dec. 2025 was HK$3.86. Hence, Luzhou Xinglu Water (Group) Co's PB Ratio of today is 0.16.

Good Sign:

Luzhou Xinglu Water (Group) Co Ltd stock PB Ratio (=0.15) is close to 10-year low of 0.15.

The historical rank and industry rank for Luzhou Xinglu Water (Group) Co's PB Ratio or its related term are showing as below:

HKSE:02281' s PB Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.32   Max: 1.35
Current: 0.16

During the past 13 years, Luzhou Xinglu Water (Group) Co's highest PB Ratio was 1.35. The lowest was 0.15. And the median was 0.32.

HKSE:02281's PB Ratio is ranked better than
98.4% of 500 companies
in the Utilities - Regulated industry
Industry Median: 1.465 vs HKSE:02281: 0.16

During the past 12 months, Luzhou Xinglu Water (Group) Co's average Book Value Per Share Growth Rate was 6.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 4.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 3.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 9.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Luzhou Xinglu Water (Group) Co was 40.70% per year. The lowest was 1.00% per year. And the median was 10.90% per year.

Back to Basics: PB Ratio


Luzhou Xinglu Water (Group) Co  (HKSE:02281) 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.


Luzhou Xinglu Water (Group) Co PB Ratio Related Terms


Luzhou Xinglu Water (Group) Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Luzhou Xinglu Water (Group) 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.

Luzhou Xinglu Water (Group) Co PB Ratio Chart

Luzhou Xinglu Water (Group) 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 0.28 0.25 0.17 0.16 0.19

Luzhou Xinglu Water (Group) Co 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 0.17 0.18 0.16 0.18 0.19

HKSE:02281 vs AWK, WTRG, AWR: PB Ratio Comparison

For the Utilities - Regulated Water subindustry, Luzhou Xinglu Water (Group) 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.


Luzhou Xinglu Water (Group) Co PB Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Luzhou Xinglu Water (Group) Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Luzhou Xinglu Water (Group) Co's PB Ratio falls into.


HKSE:02281
52GF Score
Luzhou Xinglu Water (Group) Co Ltd HKSE:02281
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Luzhou Xinglu Water (Group) 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.

Luzhou Xinglu Water (Group) Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=0.60/3.858
=0.16

* 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 0.16 mean?
Luzhou Xinglu Water (Group) Co (HKSE:02281) has a PB Ratio of 0.16 as of Sep. 09, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Luzhou Xinglu Water (Group) Co and its competitors. This is 50% below median its historical median of 0.32. Over the past decade, Luzhou Xinglu Water (Group) Co's PB Ratio has ranged from 0.15 to 1.35. According to the industry distribution chart, Luzhou Xinglu Water (Group) Co ranks #8 out of 500 companies in the Utilities - Regulated industry, placing it in the top 1.6%.
Is Luzhou Xinglu Water (Group) Co's PB Ratio too high?
Luzhou Xinglu Water (Group) Co's current PB Ratio of 0.16 is 50% below median its 10-year median of 0.32. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 1.35. The Utilities - Regulated industry median PB Ratio is 1.47. Luzhou Xinglu Water (Group) Co's value of 0.16 is 89.1% below this industry median. Based on the distribution chart, Luzhou Xinglu Water (Group) Co ranks #8 out of 500 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Luzhou Xinglu Water (Group) Co has a GF Score™ of 52/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Luzhou Xinglu Water (Group) Co's PB Ratio compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, Luzhou Xinglu Water (Group) Co ranks #8 out of 500 companies for PB Ratio. This places Luzhou Xinglu Water (Group) Co in the top 2% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.47. Luzhou Xinglu Water (Group) Co's value of 0.16 is 89.1% below this benchmark. Historically, Luzhou Xinglu Water (Group) Co's own PB Ratio has ranged from 0.15 to 1.35 over the past decade. While the company's 10-year median is 0.32 vs. the industry median of 1.47, Luzhou Xinglu Water (Group) 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 - Regulated company?
The median PB Ratio among Utilities - Regulated companies is 1.47, based on 500 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. Luzhou Xinglu Water (Group) Co's current PB Ratio of 0.16 is 89.1% 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 Luzhou Xinglu Water (Group) Co and its competitors. For the Utilities - Regulated industry, the median PB Ratio is 1.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Luzhou Xinglu Water (Group) Co's current PB Ratio is 0.16, which is 50% below median its own 10-year median of 0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Luzhou Xinglu Water (Group) Co stock overvalued right now?
Based on GuruFocus' analysis, Luzhou Xinglu Water (Group) Co (HKSE:02281) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.61, compared to a current price of HK$0.60 — trading 1.6% below its estimated fair value. The current PB Ratio is 0.16, which is 50% below median its 10-year median of 0.32 and 89.1% below the Utilities - Regulated industry median of 1.47. Luzhou Xinglu Water (Group) Co's overall GF Score™ is 52/100 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 Luzhou Xinglu Water (Group) Co (HKSE:02281), the current PB Ratio is 0.16 as of Sep. 09, 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 Luzhou Xinglu Water (Group) Co (HKSE:02281) Overvalued in 2026?

Based on GuruFocus' analysis, Luzhou Xinglu Water (Group) Co stock appears to be undervalued. The current stock price of HK$0.60 is trading 1.6% below its estimated GF Value™ of HK$0.61. GuruFocus considers Luzhou Xinglu Water (Group) Co to be Fairly Valued.

Key valuation signals for HKSE:02281:

  • PB Ratio: 0.16 (50% below median its 10-year median of 0.32)
  • GF Value™: HK$0.61 vs. price of HK$0.60 (1.6% below fair value)
  • GF Score™: 52/100 with 5 warning signs
  • Industry Position: 89.1% below the Utilities - Regulated median (#8 of 500)

No single metric tells the full story. See the HKSE:02281 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Luzhou Xinglu Water (Group) Co Business Description

Other Exchanges 2LX:Germany
Address No. 16, Baizi Road, Jiangyang District, Sichuan Province, Luzhou, CHN
Luzhou Xinglu Water (Group) Co Ltd is a China-based company that engages in the provision of integrated municipal water-related public utility services. The company is engaged in the provision of tap water supply and related installation and maintenance services, wastewater treatment services, and construction services. It operates through two main segments: the Tap Water Supply and Wastewater Treatment segments. The company derives maximum revenue from the Water Water Treatment segment. Geographically, it operates in the People's Republic of China.
52GF Score

Get the complete analysis for HKSE:02281

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

HK$0.60
Price
HK$0.61
GF Value