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SHSE:600461'
s PB Ratio Range Over the Past 10 Years
Min: 0.97 Med: 1.29 Max: 2.3
Current: 1.17
During the past 13 years, Jiangxi Hongcheng Environment Co's highest PB Ratio was 2.30. The lowest was 0.97. And the median was 1.29.
SHSE:600461's PB Ratio is ranked better than 60.68% of 501
companies
in the Utilities - Regulated industry
Industry Median: 1.43
vs SHSE:600461: 1.17
During the past 12 months, Jiangxi Hongcheng Environment Co's average Book Value Per Share Growth Rate was 6.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 5.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 4.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 8.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Jiangxi Hongcheng Environment Co was 47.50% per year. The lowest was -10.30% per year. And the median was 9.30% per year.
Back to Basics: PB Ratio
Jiangxi Hongcheng Environment Co (SHSE:600461) 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.
Jiangxi Hongcheng Environment Co PB Ratio Related Terms
Jiangxi Hongcheng Environment 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.
SHSE:600461 vs AWK, WTRG, AWR: PB Ratio Comparison
For the Utilities - Regulated Water subindustry, Jiangxi Hongcheng Environment 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.
Jiangxi Hongcheng Environment Co PB Ratio vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Jiangxi Hongcheng Environment Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Jiangxi Hongcheng Environment Co's PB Ratio falls into.
Jiangxi Hongcheng Environment 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.
Jiangxi Hongcheng Environment Co (SHSE:600461) has a PB Ratio of 1.17 as of Jul. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Jiangxi Hongcheng Environment Co and its competitors. This is near median its historical median of 1.29. Over the past decade, Jiangxi Hongcheng Environment Co's PB Ratio has ranged from 0.97 to 2.30. According to the industry distribution chart, Jiangxi Hongcheng Environment Co ranks #197 out of 501 companies in the Utilities - Regulated industry, placing it in the top 39.3%.
Is Jiangxi Hongcheng Environment Co's PB Ratio too high?
Jiangxi Hongcheng Environment Co's current PB Ratio of 1.17 is near median its 10-year median of 1.29. Over the past 10 years, this metric has ranged from a low of 0.97 to a high of 2.30. The Utilities - Regulated industry median PB Ratio is 1.43. Jiangxi Hongcheng Environment Co's value of 1.17 is 18.2% below this industry median. Based on the distribution chart, Jiangxi Hongcheng Environment Co ranks #197 out of 501 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Jiangxi Hongcheng Environment Co has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jiangxi Hongcheng Environment Co's PB Ratio compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, Jiangxi Hongcheng Environment Co ranks #197 out of 501 companies for PB Ratio. This puts Jiangxi Hongcheng Environment Co in the upper half of its industry. The industry median PB Ratio is 1.43. Jiangxi Hongcheng Environment Co's value of 1.17 is 18.2% below this benchmark. Historically, Jiangxi Hongcheng Environment Co's own PB Ratio has ranged from 0.97 to 2.30 over the past decade. While the company's 10-year median is 1.29 vs. the industry median of 1.43, Jiangxi Hongcheng Environment 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. Jiangxi Hongcheng Environment Co's current PB Ratio of 1.17 is 18.2% 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 Jiangxi Hongcheng Environment 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. Jiangxi Hongcheng Environment Co's current PB Ratio is 1.17, which is near median its own 10-year median of 1.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangxi Hongcheng Environment Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangxi Hongcheng Environment Co (SHSE:600461) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥8.20, compared to a current price of ¥9.37 — trading 14.3% above its estimated fair value. The current PB Ratio is 1.17, which is near median its 10-year median of 1.29 and 18.2% below the Utilities - Regulated industry median of 1.43. Jiangxi Hongcheng Environment Co's overall GF Score™ is 76/100 with 4 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 Jiangxi Hongcheng Environment Co (SHSE:600461), the current PB Ratio is 1.17 as of Jul. 14, 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 Jiangxi Hongcheng Environment Co (SHSE:600461) Overvalued in 2026?
Based on GuruFocus' analysis, Jiangxi Hongcheng Environment Co stock appears to be overvalued.
The current stock price of ¥9.37 is trading 14.3% above its estimated GF Value™ of ¥8.20.
GuruFocus considers Jiangxi Hongcheng Environment Co to be Modestly Overvalued.
Key valuation signals for SHSE:600461:
PB Ratio: 1.17 (near median its 10-year median of 1.29)
GF Value™: ¥8.20 vs. price of ¥9.37 (14.3% above fair value)
Industry Position: 18.2% below the Utilities - Regulated median (#197 of 501)
No single metric tells the full story. See the SHSE:600461 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jiangxi Hongcheng Environment Co Business Description
Jiangxi Hongcheng Environment Co Ltd is a China-based engaged in the production and operation of water and wastewater treatment. The company is mainly engaged in tap water production and supply, sewage treatment, gas energy and other businesses.
76GF Score
Get the complete analysis for SHSE:600461
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