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Chenqi TechnologyHKSE:09680 11 PB Ratio is 1.90 as of Aug. 07, 2026, which is 1% above its 10-year median of 1.88. GuruFocus rates HKSE:09680 with a GF Score™ of 11/100. The stock has 2 warning signs investors should review. Among 1,051 Business Services companies, Chenqi Technology ranks worse than 55.66% on this metric.
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.
Chenqi Technology PB Ratio Related Terms
Chenqi Technology PB Ratio Historical Data
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The historical data trend for Chenqi Technology'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.
For the Rental & Leasing Services subindustry, Chenqi Technology'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.
Chenqi Technology PB Ratio vs Business Services Industry
For the Business Services industry and Industrials sector, Chenqi Technology's PB Ratio distribution charts can be found below:
* The bar in red indicates where Chenqi Technology'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.
Chenqi Technology (HKSE:09680) has a PB Ratio of 1.90 as of Aug. 07, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Chenqi Technology and its competitors. This is near median its historical median of 1.88. Over the past decade, Chenqi Technology's PB Ratio has ranged from 1.27 to 2.24. According to the industry distribution chart, Chenqi Technology ranks #585 out of 1051 companies in the Business Services industry, placing it in the top 55.7%.
Is Chenqi Technology's PB Ratio too high?
Chenqi Technology's current PB Ratio of 1.90 is near median its 10-year median of 1.88. Over the past 10 years, this metric has ranged from a low of 1.27 to a high of 2.24. The Business Services industry median PB Ratio is 1.68. Chenqi Technology's value of 1.90 is 13.1% above this industry median. Based on the distribution chart, Chenqi Technology ranks #585 out of 1051 companies in the Business Services industry, which is below the industry midpoint. Overall, Chenqi Technology has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Chenqi Technology's PB Ratio compare to URI and SUNB?
According to the Business Services industry distribution chart, Chenqi Technology ranks #585 out of 1051 companies for PB Ratio. This places Chenqi Technology in the lower half of its industry. The industry median PB Ratio is 1.68. Chenqi Technology's value of 1.90 is 13.1% above this benchmark. Historically, Chenqi Technology's own PB Ratio has ranged from 1.27 to 2.24 over the past decade. While the company's 10-year median is 1.88 vs. the industry median of 1.68, Chenqi Technology 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 Business Services company?
The median PB Ratio among Business Services companies is 1.68, based on 1,051 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. Chenqi Technology's current PB Ratio of 1.90 is 13.1% 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 Chenqi Technology and its competitors. For the Business Services industry, the median PB Ratio is 1.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chenqi Technology's current PB Ratio is 1.90, which is near median its own 10-year median of 1.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chenqi Technology stock overvalued right now?
Chenqi Technology (HKSE:09680) has a current PB Ratio of 1.90. The current PB Ratio is 1.90, which is near median its 10-year median of 1.88 and 13.1% above the Business Services industry median of 1.68. Chenqi Technology's overall GF Score™ is 11/100 with 2 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 Chenqi Technology (HKSE:09680), the current PB Ratio is 1.90 as of Aug. 07, 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.
Chenqi Technology Ltd a mobility service company in China offering ride-hailing services. It serves & connects various participants of the mobility industry, including the riders, drivers, automobile OEMs, vehicle service providers, & autonomous driving solution providers. The company operates three reportable segments: Mobility services business, Technology services business, and Fleet sale & maintenance business. Key revenue is generated from the Mobility services, which include the provision of ride-hailing services, Robotaxi services, hitch services, & other related services. The Technology Services include the provision of technology services. The Fleet sale & maintenance business includes the Sale of vehicles, provision of repair and maintenance services & other related services.
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