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SHSE:600283's PB Ratio is ranked better than 53.49% of 501
companies
in the Utilities - Regulated industry
Industry Median: 1.43
vs SHSE:600283: 1.34
During the past 12 months, Qianjiang Water Resources Development Co's average Book Value Per Share Growth Rate was 2.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 7.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 7.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 4.90% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Qianjiang Water Resources Development Co was 15.60% per year. The lowest was -5.10% per year. And the median was 2.80% per year.
Back to Basics: PB Ratio
Qianjiang Water Resources Development Co (SHSE:600283) PB Ratio Explanation
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.
Qianjiang Water Resources Development Co PB Ratio Related Terms
Qianjiang Water Resources Development Co PB Ratio Historical Data
* 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.
Qianjiang Water Resources Development Co PB Ratio Chart
Qianjiang Water Resources Development Co Annual Data
SHSE:600283 vs AWK, WTRG, AWR: PB Ratio Comparison
For the Utilities - Regulated Water subindustry, Qianjiang Water Resources Development 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.
Qianjiang Water Resources Development Co PB Ratio vs Utilities - Regulated Industry
Qianjiang Water Resources Development Co 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.
* 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.
Qianjiang Water Resources Development Co (SHSE:600283) has a PB Ratio of 1.34 as of Jul. 15, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Qianjiang Water Resources Development Co and its competitors. This is 33% below median its historical median of 2.00. Over the past decade, Qianjiang Water Resources Development Co's PB Ratio has ranged from 1.33 to 3.18. According to the industry distribution chart, Qianjiang Water Resources Development Co ranks #233 out of 501 companies in the Utilities - Regulated industry, placing it in the top 46.5%.
Is Qianjiang Water Resources Development Co's PB Ratio too high?
Qianjiang Water Resources Development Co's current PB Ratio of 1.34 is 33% below median its 10-year median of 2.00. Over the past 10 years, this metric has ranged from a low of 1.33 to a high of 3.18. The Utilities - Regulated industry median PB Ratio is 1.43. Qianjiang Water Resources Development Co's value of 1.34 is 6.3% below this industry median. Based on the distribution chart, Qianjiang Water Resources Development Co ranks #233 out of 501 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Qianjiang Water Resources Development Co has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Qianjiang Water Resources Development Co's PB Ratio compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, Qianjiang Water Resources Development Co ranks #233 out of 501 companies for PB Ratio. This puts Qianjiang Water Resources Development Co in the upper half of its industry. The industry median PB Ratio is 1.43. Qianjiang Water Resources Development Co's value of 1.34 is 6.3% below this benchmark. Historically, Qianjiang Water Resources Development Co's own PB Ratio has ranged from 1.33 to 3.18 over the past decade. While the company's 10-year median is 2.00 vs. the industry median of 1.43, Qianjiang Water Resources Development 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 an Utilities - Regulated company?
The median PB Ratio among Utilities - Regulated companies is 1.43, based on 501 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. Qianjiang Water Resources Development Co's current PB Ratio of 1.34 is 6.3% 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 Qianjiang Water Resources Development Co and its competitors. For the Utilities - Regulated industry, the median PB Ratio is 1.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qianjiang Water Resources Development Co's current PB Ratio is 1.34, which is 33% below median its own 10-year median of 2.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qianjiang Water Resources Development Co stock overvalued right now?
Based on GuruFocus' analysis, Qianjiang Water Resources Development Co (SHSE:600283) is currently considered Possible Value Trap. The stock's GF Value™ is ¥10.84, compared to a current price of ¥7.61 — trading 29.8% below its estimated fair value. The current PB Ratio is 1.34, which is 33% below median its 10-year median of 2.00 and 6.3% below the Utilities - Regulated industry median of 1.43. Qianjiang Water Resources Development Co's overall GF Score™ is 67/100 with 8 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 Qianjiang Water Resources Development Co (SHSE:600283), the current PB Ratio is 1.34 as of Jul. 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.
Is Qianjiang Water Resources Development Co (SHSE:600283) Overvalued in 2026?
Based on GuruFocus' analysis, Qianjiang Water Resources Development Co stock appears to be undervalued.
The current stock price of ¥7.61 is trading 29.8% below its estimated GF Value™ of ¥10.84.
GuruFocus considers Qianjiang Water Resources Development Co to be Possible Value Trap.
Key valuation signals for SHSE:600283:
PB Ratio: 1.34 (33% below median its 10-year median of 2.00)
GF Value™: ¥10.84 vs. price of ¥7.61 (29.8% below fair value)
Industry Position: 6.3% below the Utilities - Regulated median (#233 of 501)
No single metric tells the full story. See the SHSE:600283 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Qianjiang Water Resources Development Co Business Description
Qianjiang Water Resources Development Co Ltd is a China-based company is involved in hydropower and water supply business. In addition, it is involved in the real estate development activities; distribution of materials and spare parts; and other services.
67GF Score
Get the complete analysis for SHSE:600283
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