China Next-Gen Commerce and Supply Chain (HKSE:03928) PB Ratio: 49.07 (As of Sep. 04, 2026) — 1773% Above Median

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HKSE:03928 China Next-Gen Commerce and Supply Chain Ltd HKSE:03928
52 GF Score
Price HK$26.30
GF Value HK$1.74
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is China Next-Gen Commerce and Supply Chain PB Ratio?

China Next-Gen Commerce and Supply Chain HKSE:03928 +0.77% 52 PB Ratio is 49.07 as of Sep. 04, 2026, which is 1773% above its 10-year median of 2.62. GuruFocus rates HKSE:03928 with a GF Score™ of 52/100 and a GF Value™ of HK$1.74 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,727 Construction companies, China Next-Gen Commerce and Supply Chain ranks worse than 99.31% 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 (2026-09-04), China Next-Gen Commerce and Supply Chain's share price is HK$26.30. China Next-Gen Commerce and Supply Chain's Book Value per Share for the quarter that ended in Mar. 2026 was HK$0.54. Hence, China Next-Gen Commerce and Supply Chain's PB Ratio of today is 49.07.

The historical rank and industry rank for China Next-Gen Commerce and Supply Chain's PB Ratio or its related term are showing as below:

HKSE:03928' s PB Ratio Range Over the Past 10 Years
Min: 1.04   Med: 2.62   Max: 85.24
Current: 48.7

During the past 10 years, China Next-Gen Commerce and Supply Chain's highest PB Ratio was 85.24. The lowest was 1.04. And the median was 2.62.

HKSE:03928's PB Ratio is ranked worse than
99.31% of 1727 companies
in the Construction industry
Industry Median: 1.33 vs HKSE:03928: 48.70

During the past 12 months, China Next-Gen Commerce and Supply Chain's average Book Value Per Share Growth Rate was 60.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -0.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -6.10% per year.

During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of China Next-Gen Commerce and Supply Chain was 29.40% per year. The lowest was -16.60% per year. And the median was -0.30% per year.

Back to Basics: PB Ratio


China Next-Gen Commerce and Supply Chain  (HKSE:03928) 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.


China Next-Gen Commerce and Supply Chain PB Ratio Related Terms


China Next-Gen Commerce and Supply Chain PB Ratio Historical Data

* Premium members only.

The historical data trend for China Next-Gen Commerce and Supply Chain'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.

China Next-Gen Commerce and Supply Chain PB Ratio Chart

China Next-Gen Commerce and Supply Chain Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.62 2.45 3.59 11.47 14.76

China Next-Gen Commerce and Supply Chain Semi-Annual Data
Sep16 Sep17 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 4.05 11.47 7.63 14.76 30.90

HKSE:03928 vs PWR, FIX, EME: PB Ratio Comparison

For the Engineering & Construction subindustry, China Next-Gen Commerce and Supply Chain'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.


China Next-Gen Commerce and Supply Chain PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, China Next-Gen Commerce and Supply Chain's PB Ratio distribution charts can be found below:

* The bar in red indicates where China Next-Gen Commerce and Supply Chain's PB Ratio falls into.


HKSE:03928
52GF Score
China Next-Gen Commerce and Supply Chain Ltd HKSE:03928
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Next-Gen Commerce and Supply Chain 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.

China Next-Gen Commerce and Supply Chain's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=26.30/0.536
=49.07

* 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 49.07 mean?
China Next-Gen Commerce and Supply Chain (HKSE:03928) has a PB Ratio of 49.07 as of Sep. 04, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on China Next-Gen Commerce and Supply Chain and its competitors. This is 1773% above median its historical median of 2.62. Over the past decade, China Next-Gen Commerce and Supply Chain's PB Ratio has ranged from 1.04 to 85.24. According to the industry distribution chart, China Next-Gen Commerce and Supply Chain ranks #1715 out of 1727 companies in the Construction industry, placing it in the top 99.3%.
Is China Next-Gen Commerce and Supply Chain's PB Ratio too high?
China Next-Gen Commerce and Supply Chain's current PB Ratio of 49.07 is 1773% above median its 10-year median of 2.62. Over the past 10 years, this metric has ranged from a low of 1.04 to a high of 85.24. The Construction industry median PB Ratio is 1.33. China Next-Gen Commerce and Supply Chain's value of 49.07 is 3589.5% above this industry median. Based on the distribution chart, China Next-Gen Commerce and Supply Chain ranks #1715 out of 1727 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, China Next-Gen Commerce and Supply Chain has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Next-Gen Commerce and Supply Chain's PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, China Next-Gen Commerce and Supply Chain ranks #1715 out of 1727 companies for PB Ratio. This places China Next-Gen Commerce and Supply Chain in the lower half of its industry. The industry median PB Ratio is 1.33. China Next-Gen Commerce and Supply Chain's value of 49.07 is 3589.5% above this benchmark. Historically, China Next-Gen Commerce and Supply Chain's own PB Ratio has ranged from 1.04 to 85.24 over the past decade. While the company's 10-year median is 2.62 vs. the industry median of 1.33, China Next-Gen Commerce and Supply Chain 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 1.33, based on 1,727 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. China Next-Gen Commerce and Supply Chain's current PB Ratio of 49.07 is 3589.5% 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 China Next-Gen Commerce and Supply Chain and its competitors. For the Construction industry, the median PB Ratio is 1.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Next-Gen Commerce and Supply Chain's current PB Ratio is 49.07, which is 1773% above median its own 10-year median of 2.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Next-Gen Commerce and Supply Chain stock overvalued right now?
Based on GuruFocus' analysis, China Next-Gen Commerce and Supply Chain (HKSE:03928) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$1.74, compared to a current price of HK$26.30 — trading 1411.5% above its estimated fair value. The current PB Ratio is 49.07, which is 1773% above median its 10-year median of 2.62 and 3589.5% above the Construction industry median of 1.33. China Next-Gen Commerce and Supply Chain's overall GF Score™ is 52/100 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 China Next-Gen Commerce and Supply Chain (HKSE:03928), the current PB Ratio is 49.07 as of Sep. 04, 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 China Next-Gen Commerce and Supply Chain (HKSE:03928) Overvalued in 2026?

Based on GuruFocus' analysis, China Next-Gen Commerce and Supply Chain stock appears to be overvalued. The current stock price of HK$26.30 is trading 1411.5% above its estimated GF Value™ of HK$1.74. GuruFocus considers China Next-Gen Commerce and Supply Chain to be Significantly Overvalued.

Key valuation signals for HKSE:03928:

  • PB Ratio: 49.07 (1773% above median its 10-year median of 2.62)
  • GF Value™: HK$1.74 vs. price of HK$26.30 (1411.5% above fair value)
  • GF Score™: 52/100 with 3 warning signs
  • Industry Position: 3589.5% above the Construction median (#1715 of 1727)

No single metric tells the full story. See the HKSE:03928 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Next-Gen Commerce and Supply Chain Business Description

Address 16 Kian Teck Way, Singapore, SGP, 628749
China Next-Gen Commerce and Supply Chain Ltd is an investment holding company. Along with its subsidiaries, the company is principally engaged in the provision of construction services and property investment in Singapore. It has two operating segments as follows: i) Construction services: provision of civil engineering works, building construction works and other ancillary services to government and commercial corporations. ii) Property investment: leasing of residential and industrial properties. The majority of the company's revenue is derived from the Construction services segment. Geographically, the company derives all of its revenue from Singapore.
52GF Score

Get the complete analysis for HKSE:03928

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

HK$26.30
Price
HK$1.74
GF Value