GHW International (HKSE:09933) PB Ratio: 2.39 (As of Aug. 22, 2026) — 112% Above Median

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HKSE:09933 GHW International HKSE:09933
85 GF Score
Price HK$1.68
GF Value HK$1.79
Valuation Fairly Valued
! 6 Warning Signs
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What is GHW International PB Ratio?

GHW International HKSE:09933 -0.59% 85 PB Ratio is 2.39 as of Aug. 22, 2026, which is 112% above its 10-year median of 1.13. GuruFocus rates HKSE:09933 with a GF Score™ of 85/100 and a GF Value™ of HK$1.79 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,578 Chemicals companies, GHW International ranks worse than 64.2% 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 (2026-08-22), GHW International's share price is HK$1.675. GHW International's Book Value per Share for the quarter that ended in Dec. 2025 was HK$0.70. Hence, GHW International's PB Ratio of today is 2.39.

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

HKSE:09933' s PB Ratio Range Over the Past 10 Years
Min: 0.57   Med: 1.13   Max: 8.49
Current: 2.39

During the past 10 years, GHW International's highest PB Ratio was 8.49. The lowest was 0.57. And the median was 1.13.

HKSE:09933's PB Ratio is ranked worse than
64.2% of 1578 companies
in the Chemicals industry
Industry Median: 1.73 vs HKSE:09933: 2.39

During the past 12 months, GHW International's average Book Value Per Share Growth Rate was 5.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 1.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 20.80% per year.

During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of GHW International was 74.30% per year. The lowest was 1.40% per year. And the median was 30.40% per year.

Back to Basics: PB Ratio


GHW International  (HKSE:09933) 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.


GHW International PB Ratio Related Terms


GHW International PB Ratio Historical Data

* Premium members only.

The historical data trend for GHW International'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.

GHW International PB Ratio Chart

GHW International 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 0.82 0.60 1.29 4.00 2.57

GHW International Semi-Annual Data
Dec16 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 1.29 2.73 4.00 2.21 2.57

HKSE:09933 vs DOW: PB Ratio Comparison

For the Chemicals subindustry, GHW International'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.


GHW International PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, GHW International's PB Ratio distribution charts can be found below:

* The bar in red indicates where GHW International's PB Ratio falls into.


HKSE:09933
85GF Score
GHW International HKSE:09933
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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GHW International 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.

GHW International's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=1.675/0.701
=2.39

* 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 2.39 mean?
GHW International (HKSE:09933) has a PB Ratio of 2.39 as of Aug. 22, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on GHW International and its competitors. This is 112% above median its historical median of 1.13. Over the past decade, GHW International's PB Ratio has ranged from 0.57 to 8.49. According to the industry distribution chart, GHW International ranks #1013 out of 1578 companies in the Chemicals industry, placing it in the top 64.2%.
Is GHW International's PB Ratio too high?
GHW International's current PB Ratio of 2.39 is 112% above median its 10-year median of 1.13. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 8.49. The Chemicals industry median PB Ratio is 1.73. GHW International's value of 2.39 is 38.2% above this industry median. Based on the distribution chart, GHW International ranks #1013 out of 1578 companies in the Chemicals industry, which is below the industry midpoint. Overall, GHW International has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does GHW International's PB Ratio compare to DOW?
According to the Chemicals industry distribution chart, GHW International ranks #1013 out of 1578 companies for PB Ratio. This places GHW International in the lower half of its industry. The industry median PB Ratio is 1.73. GHW International's value of 2.39 is 38.2% above this benchmark. Historically, GHW International's own PB Ratio has ranged from 0.57 to 8.49 over the past decade. While the company's 10-year median is 1.13 vs. the industry median of 1.73, GHW International 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 Chemicals company?
The median PB Ratio among Chemicals companies is 1.73, based on 1,578 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. GHW International's current PB Ratio of 2.39 is 38.2% 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 GHW International and its competitors. For the Chemicals industry, the median PB Ratio is 1.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GHW International's current PB Ratio is 2.39, which is 112% above median its own 10-year median of 1.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GHW International stock overvalued right now?
Based on GuruFocus' analysis, GHW International (HKSE:09933) is currently considered Fairly Valued. The stock's GF Value™ is HK$1.79, compared to a current price of HK$1.68 — trading 6.4% below its estimated fair value. The current PB Ratio is 2.39, which is 112% above median its 10-year median of 1.13 and 38.2% above the Chemicals industry median of 1.73. GHW International's overall GF Score™ is 85/100 with 6 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 GHW International (HKSE:09933), the current PB Ratio is 2.39 as of Aug. 22, 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 GHW International (HKSE:09933) Overvalued in 2026?

Based on GuruFocus' analysis, GHW International stock appears to be undervalued. The current stock price of HK$1.68 is trading 6.4% below its estimated GF Value™ of HK$1.79. GuruFocus considers GHW International to be Fairly Valued.

Key valuation signals for HKSE:09933:

  • PB Ratio: 2.39 (112% above median its 10-year median of 1.13)
  • GF Value™: HK$1.79 vs. price of HK$1.68 (6.4% below fair value)
  • GF Score™: 85/100 with 6 warning signs
  • Industry Position: 38.2% above the Chemicals median (#1013 of 1578)

No single metric tells the full story. See the HKSE:09933 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GHW International Business Description

Address No. 69 Aoti Street, Xincheng Science Park, 6th Building, Nanjing, CHN
GHW International is an applied chemical intermediates provider in the integrated chemical services market, which engages in the production and sales of chemicals and sales of chemicals produced by third-party manufacturers based in mainland China, the Southeast Asia region, Europe, and the United States. The company's business segment includes Methylamine Industry Series, Iodine derivatives and supporting products, Goldenhighway new materials, Advanced materials intermediates series, Green products, Healthcare and wellness, and Happy Elephant selections. Geographically, the company generates the majority of its revenue from the Mainland of China. It also has its presence in Europe; Vietnam; Other countries in Asia (excluding mainland China and Vietnam); and Others.
85GF Score

Get the complete analysis for HKSE:09933

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

HK$1.68
Price
HK$1.79
GF Value