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Xinji Shaxi Group CoHKSE:03603 PB Ratio is 0.10 as of Sep. 15, 2026, which is 55% below its 10-year median of 0.22. The stock has 6 warning signs investors should review. Among 1,714 Real Estate companies, Xinji Shaxi Group Co ranks better than 97.37% on this metric.
The historical rank and industry rank for Xinji Shaxi Group Co's PB Ratio or its related term are showing as below:
HKSE:03603'
s PB Ratio Range Over the Past 10 Years
Min: 0.04 Med: 0.22 Max: 3.01
Current: 0.1
During the past 10 years, Xinji Shaxi Group Co's highest PB Ratio was 3.01. The lowest was 0.04. And the median was 0.22.
HKSE:03603's PB Ratio is ranked better than 97.37% of 1714
companies
in the Real Estate industry
Industry Median: 0.815
vs HKSE:03603: 0.10
During the past 12 months, Xinji Shaxi Group Co's average Book Value Per Share Growth Rate was 1.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -7.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -12.00% per year.
During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of Xinji Shaxi Group Co was 18.20% per year. The lowest was -15.70% per year. And the median was -7.00% 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.
Xinji Shaxi Group Co PB Ratio Related Terms
Xinji Shaxi Group Co PB Ratio Historical Data
* Premium members only.
The historical data trend for Xinji Shaxi 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.
HKSE:03603 vs CBRE, BEKE, JLL: PB Ratio Comparison
For the Real Estate Services subindustry, Xinji Shaxi 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.
Xinji Shaxi Group Co PB Ratio vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Xinji Shaxi Group Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Xinji Shaxi Group Co's PB Ratio falls into.
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.
Xinji Shaxi Group Co (HKSE:03603) has a PB Ratio of 0.10 as of Sep. 15, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Xinji Shaxi Group Co and its competitors. This is 55% below median its historical median of 0.22. Over the past decade, Xinji Shaxi Group Co's PB Ratio has ranged from 0.04 to 3.01. According to the industry distribution chart, Xinji Shaxi Group Co ranks #45 out of 1714 companies in the Real Estate industry, placing it in the top 2.6%.
Is Xinji Shaxi Group Co's PB Ratio too high?
Xinji Shaxi Group Co's current PB Ratio of 0.10 is 55% below median its 10-year median of 0.22. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 3.01. The Real Estate industry median PB Ratio is 0.82. Xinji Shaxi Group Co's value of 0.10 is 87.7% below this industry median. Based on the distribution chart, Xinji Shaxi Group Co ranks #45 out of 1714 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers.
How does Xinji Shaxi Group Co's PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Xinji Shaxi Group Co ranks #45 out of 1714 companies for PB Ratio. This places Xinji Shaxi Group Co in the top 3% of its industry — outperforming the majority of peers. The industry median PB Ratio is 0.82. Xinji Shaxi Group Co's value of 0.10 is 87.7% below this benchmark. Historically, Xinji Shaxi Group Co's own PB Ratio has ranged from 0.04 to 3.01 over the past decade. While the company's 10-year median is 0.22 vs. the industry median of 0.82, Xinji Shaxi 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 a Real Estate company?
The median PB Ratio among Real Estate companies is 0.82, based on 1,714 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. Xinji Shaxi Group Co's current PB Ratio of 0.10 is 87.7% 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 Xinji Shaxi Group Co and its competitors. For the Real Estate industry, the median PB Ratio is 0.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Xinji Shaxi Group Co's current PB Ratio is 0.10, which is 55% below median its own 10-year median of 0.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xinji Shaxi Group Co stock overvalued right now?
Based on GuruFocus' analysis, Xinji Shaxi Group Co (HKSE:03603) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.04, compared to a current price of HK$0.09 — trading 112.5% above its estimated fair value. The current PB Ratio is 0.10, which is 55% below median its 10-year median of 0.22 and 87.7% below the Real Estate industry median of 0.82. 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 Xinji Shaxi Group Co (HKSE:03603), the current PB Ratio is 0.10 as of Sep. 15, 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.
Xinji Shaxi Group Co Ltd is engaged in managing its owned and leased portfolio of shopping malls, which derives revenue from leasing floor areas to the tenants and providing comprehensive and continuous operation and management support to them in the PRC. It operates and manages hospitality supplies and home furnishing shopping malls, exhibition management services, and online shopping malls. The company has two operating segments, which are Property leasing and Property management services, of which it generates the majority of its revenue from Property leasing. Geographically, the company operates in Hong Kong and the People's Republic of China.
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