Cheerwin Group (HKSE:06601) PB Ratio: 0.92 (As of Aug. 29, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HKSE:06601 Cheerwin Group Ltd HKSE:06601
90 GF Score
Price HK$2.30
GF Value HK$2.70
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Cheerwin Group PB Ratio?

Cheerwin Group HKSE:06601 90 PB Ratio is 0.92 as of Aug. 29, 2026, which is 6% above its 10-year median of 0.87. GuruFocus rates HKSE:06601 with a GF Score™ of 90/100 and a GF Value™ of HK$2.70 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,902 Consumer Packaged Goods companies, Cheerwin Group ranks better than 68.66% 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 (2026-08-29), Cheerwin Group's share price is HK$2.30. Cheerwin Group's Book Value per Share for the quarter that ended in Dec. 2025 was HK$2.51. Hence, Cheerwin Group's PB Ratio of today is 0.92.

The historical rank and industry rank for Cheerwin Group's PB Ratio or its related term are showing as below:

HKSE:06601' s PB Ratio Range Over the Past 10 Years
Min: 0.53   Med: 0.87   Max: 41.77
Current: 0.92

During the past 9 years, Cheerwin Group's highest PB Ratio was 41.77. The lowest was 0.53. And the median was 0.87.

HKSE:06601's PB Ratio is ranked better than
68.66% of 1902 companies
in the Consumer Packaged Goods industry
Industry Median: 1.42 vs HKSE:06601: 0.92

During the past 12 months, Cheerwin Group's average Book Value Per Share Growth Rate was 4.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 2.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 41.10% per year.

During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Cheerwin Group was 498.70% per year. The lowest was -10.30% per year. And the median was 61.90% per year.

Back to Basics: PB Ratio


Cheerwin Group  (HKSE:06601) 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.


Cheerwin Group PB Ratio Related Terms


Cheerwin Group PB Ratio Historical Data

* Premium members only.

The historical data trend for Cheerwin Group'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.

Cheerwin Group PB Ratio Chart

Cheerwin Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only 1.22 0.78 0.62 0.75 0.86

Cheerwin Group Semi-Annual Data
Dec17 Dec18 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 0.62 0.66 0.75 1.12 0.86

HKSE:06601 vs PG, CL, KVUE: PB Ratio Comparison

For the Household & Personal Products subindustry, Cheerwin Group'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.


Cheerwin Group PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Cheerwin Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where Cheerwin Group's PB Ratio falls into.


HKSE:06601
90GF Score
Cheerwin Group Ltd HKSE:06601
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cheerwin Group 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.

Cheerwin Group's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=2.30/2.505
=0.92

* 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 0.92 mean?
Cheerwin Group (HKSE:06601) has a PB Ratio of 0.92 as of Aug. 29, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Cheerwin Group and its competitors. This is near median its historical median of 0.87. Over the past decade, Cheerwin Group's PB Ratio has ranged from 0.53 to 41.77. According to the industry distribution chart, Cheerwin Group ranks #596 out of 1902 companies in the Consumer Packaged Goods industry, placing it in the top 31.3%.
Is Cheerwin Group's PB Ratio too high?
Cheerwin Group's current PB Ratio of 0.92 is near median its 10-year median of 0.87. Over the past 10 years, this metric has ranged from a low of 0.53 to a high of 41.77. The Consumer Packaged Goods industry median PB Ratio is 1.42. Cheerwin Group's value of 0.92 is 35.2% below this industry median. Based on the distribution chart, Cheerwin Group ranks #596 out of 1902 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Cheerwin Group has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cheerwin Group's PB Ratio compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Cheerwin Group ranks #596 out of 1902 companies for PB Ratio. This puts Cheerwin Group in the upper half of its industry. The industry median PB Ratio is 1.42. Cheerwin Group's value of 0.92 is 35.2% below this benchmark. Historically, Cheerwin Group's own PB Ratio has ranged from 0.53 to 41.77 over the past decade. While the company's 10-year median is 0.87 vs. the industry median of 1.42, Cheerwin Group 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 Consumer Packaged Goods company?
The median PB Ratio among Consumer Packaged Goods companies is 1.42, based on 1,902 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. Cheerwin Group's current PB Ratio of 0.92 is 35.2% 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 Cheerwin Group and its competitors. For the Consumer Packaged Goods industry, the median PB Ratio is 1.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cheerwin Group's current PB Ratio is 0.92, which is near median its own 10-year median of 0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cheerwin Group stock overvalued right now?
Based on GuruFocus' analysis, Cheerwin Group (HKSE:06601) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$2.70, compared to a current price of HK$2.30 — trading 14.8% below its estimated fair value. The current PB Ratio is 0.92, which is near median its 10-year median of 0.87 and 35.2% below the Consumer Packaged Goods industry median of 1.42. Cheerwin Group's overall GF Score™ is 90/100 with 1 warning sign 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 Cheerwin Group (HKSE:06601), the current PB Ratio is 0.92 as of Aug. 29, 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 Cheerwin Group (HKSE:06601) Overvalued in 2026?

Based on GuruFocus' analysis, Cheerwin Group stock appears to be undervalued. The current stock price of HK$2.30 is trading 14.8% below its estimated GF Value™ of HK$2.70. GuruFocus considers Cheerwin Group to be Modestly Undervalued.

Key valuation signals for HKSE:06601:

  • PB Ratio: 0.92 (near median its 10-year median of 0.87)
  • GF Value™: HK$2.70 vs. price of HK$2.30 (14.8% below fair value)
  • GF Score™: 90/100 with 1 warning sign
  • Industry Position: 35.2% below the Consumer Packaged Goods median (#596 of 1902)

No single metric tells the full story. See the HKSE:06601 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cheerwin Group Business Description

Address No. 2, Luju Road, 5th Floor, North Podium Building, Liwan District, Guangdong Province, Guangzhou, CHN, 510370
Cheerwin Group Ltd is an investment holding company. It is mainly engaged in the manufacturing and trading of household insecticides and repellents, household cleaning, air care, personal care, pet stores and pet products, and other products in China. The company's revenue is geographically derived from the PRC.
90GF Score

Get the complete analysis for HKSE:06601

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

HK$2.30
Price
HK$2.70
GF Value