Hainan Airport Infrastructure Co (SHSE:600515) PB Ratio: 1.29 (As of Jul. 25, 2026) — 25% Below Median

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SHSE:600515 Hainan Airport Infrastructure Co Ltd SHSE:600515
55 GF Score
Price ¥2.73
GF Value ¥4.35
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Hainan Airport Infrastructure Co PB Ratio?

Hainan Airport Infrastructure Co SHSE:600515 -3.53% 55 PB Ratio is 1.29 as of Jul. 25, 2026, which is 25% below its 10-year median of 1.71. GuruFocus rates SHSE:600515 with a GF Score™ of 55/100 and a GF Value™ of ¥4.35 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,713 Real Estate companies, Hainan Airport Infrastructure Co ranks worse than 69.94% 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 (2026-07-25), Hainan Airport Infrastructure Co's share price is ¥2.73. Hainan Airport Infrastructure Co's Book Value per Share for the quarter that ended in Mar. 2026 was ¥2.12. Hence, Hainan Airport Infrastructure Co's PB Ratio of today is 1.29.

Good Sign:

Hainan Airport Infrastructure Co Ltd stock PB Ratio (=1.28) is close to 5-year low of 1.28.

The historical rank and industry rank for Hainan Airport Infrastructure Co's PB Ratio or its related term are showing as below:

SHSE:600515' s PB Ratio Range Over the Past 10 Years
Min: 0.48   Med: 1.71   Max: 16.45
Current: 1.29

During the past 13 years, Hainan Airport Infrastructure Co's highest PB Ratio was 16.45. The lowest was 0.48. And the median was 1.71.

SHSE:600515's PB Ratio is ranked worse than
69.94% of 1713 companies
in the Real Estate industry
Industry Median: 0.81 vs SHSE:600515: 1.29

During the past 12 months, Hainan Airport Infrastructure Co's average Book Value Per Share Growth Rate was 2.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 1.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 3.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -22.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Hainan Airport Infrastructure Co was 137.60% per year. The lowest was -78.40% per year. And the median was 4.45% per year.

Back to Basics: PB Ratio


Hainan Airport Infrastructure Co  (SHSE:600515) 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.


Hainan Airport Infrastructure Co PB Ratio Related Terms


Hainan Airport Infrastructure Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Hainan Airport Infrastructure Co'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.

Hainan Airport Infrastructure Co PB Ratio Chart

Hainan Airport Infrastructure Co 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 2.68 2.56 1.83 1.84 2.58

Hainan Airport Infrastructure Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 Premium Member Only Premium Member Only 1.74 1.72 2.02 2.58 1.71

Hainan Airport Infrastructure Co PB Ratio Competitor Comparison

For the Real Estate - Diversified subindustry, Hainan Airport Infrastructure 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.


Hainan Airport Infrastructure Co PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Hainan Airport Infrastructure Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Hainan Airport Infrastructure Co's PB Ratio falls into.


SHSE:600515
55GF Score
Hainan Airport Infrastructure Co Ltd SHSE:600515
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hainan Airport Infrastructure 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.

Hainan Airport Infrastructure Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=2.73/2.122
=1.29

* 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 1.29 mean?
Hainan Airport Infrastructure Co (SHSE:600515) has a PB Ratio of 1.29 as of Jul. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Hainan Airport Infrastructure Co and its competitors. This is 25% below median its historical median of 1.71. Over the past decade, Hainan Airport Infrastructure Co's PB Ratio has ranged from 0.48 to 16.45. According to the industry distribution chart, Hainan Airport Infrastructure Co ranks #1198 out of 1713 companies in the Real Estate industry, placing it in the top 69.9%.
Is Hainan Airport Infrastructure Co's PB Ratio too high?
Hainan Airport Infrastructure Co's current PB Ratio of 1.29 is 25% below median its 10-year median of 1.71. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 16.45. The Real Estate industry median PB Ratio is 0.81. Hainan Airport Infrastructure Co's value of 1.29 is 59.3% above this industry median. Based on the distribution chart, Hainan Airport Infrastructure Co ranks #1198 out of 1713 companies in the Real Estate industry, which is below the industry midpoint. Overall, Hainan Airport Infrastructure Co has a GF Score™ of 55/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hainan Airport Infrastructure Co's PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Hainan Airport Infrastructure Co ranks #1198 out of 1713 companies for PB Ratio. This places Hainan Airport Infrastructure Co in the lower half of its industry. The industry median PB Ratio is 0.81. Hainan Airport Infrastructure Co's value of 1.29 is 59.3% above this benchmark. Historically, Hainan Airport Infrastructure Co's own PB Ratio has ranged from 0.48 to 16.45 over the past decade. While the company's 10-year median is 1.71 vs. the industry median of 0.81, Hainan Airport Infrastructure Co 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 Real Estate company?
The median PB Ratio among Real Estate companies is 0.81, based on 1,713 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. Hainan Airport Infrastructure Co's current PB Ratio of 1.29 is 59.3% 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 Hainan Airport Infrastructure Co and its competitors. For the Real Estate industry, the median PB Ratio is 0.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hainan Airport Infrastructure Co's current PB Ratio is 1.29, which is 25% below median its own 10-year median of 1.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hainan Airport Infrastructure Co stock overvalued right now?
Based on GuruFocus' analysis, Hainan Airport Infrastructure Co (SHSE:600515) is currently considered Possible Value Trap. The stock's GF Value™ is ¥4.35, compared to a current price of ¥2.73 — trading 37.2% below its estimated fair value. The current PB Ratio is 1.29, which is 25% below median its 10-year median of 1.71 and 59.3% above the Real Estate industry median of 0.81. Hainan Airport Infrastructure Co's overall GF Score™ is 55/100 with 7 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 Hainan Airport Infrastructure Co (SHSE:600515), the current PB Ratio is 1.29 as of Jul. 25, 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 Hainan Airport Infrastructure Co (SHSE:600515) Overvalued in 2026?

Based on GuruFocus' analysis, Hainan Airport Infrastructure Co stock appears to be undervalued. The current stock price of ¥2.73 is trading 37.2% below its estimated GF Value™ of ¥4.35. GuruFocus considers Hainan Airport Infrastructure Co to be Possible Value Trap.

Key valuation signals for SHSE:600515:

  • PB Ratio: 1.29 (25% below median its 10-year median of 1.71)
  • GF Value™: ¥4.35 vs. price of ¥2.73 (37.2% below fair value)
  • GF Score™: 55/100 with 7 warning signs
  • Industry Position: 59.3% above the Real Estate median (#1198 of 1713)

No single metric tells the full story. See the SHSE:600515 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hainan Airport Infrastructure Co Business Description

Address No. 3, Guoxing Avenue, Block C, Internet Finance Building, Meilan District, Hainan Province, Haikou, CHN, 570203
Hainan Airport Infrastructure Co Ltd engages in airport operation management, duty-free and commercial business, and real estate development and sales. The Real Estate Business segment focuses on industrial park investment and development, sales of completed residential units, office properties, and apartments, and leasing and management of industrial parks and investment properties. The Airport Business segment covers both aviation-related and non-aviation operations. The Property Management Business segment delivers essential property services along with additional value-added offerings. The Duty-free & Commercial segment is involved in island-based retail and related commercial activities. The Other business segment includes hotel management, aviation training, and associated services.
55GF Score

Get the complete analysis for SHSE:600515

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

¥2.73
Price
¥4.35
GF Value