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Kweichow Moutai CoSHSE:600519 -1.00%99 PB Ratio is 5.96 as of Jul. 23, 2026, which is 38% below its 10-year median of 9.61. GuruFocus rates SHSE:600519 with a GF Score™ of 99/100 and a GF Value™ of ¥1,594.27 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 204 Beverages - Alcoholic companies, Kweichow Moutai Co ranks worse than 88.73% on this metric.
Kweichow Moutai Co Ltd stock PB Ratio (=5.78) is close to 10-year low of 5.39.
The historical rank and industry rank for Kweichow Moutai Co's PB Ratio or its related term are showing as below:
SHSE:600519'
s PB Ratio Range Over the Past 10 Years
Min: 5.39 Med: 9.61 Max: 20.25
Current: 5.96
During the past 13 years, Kweichow Moutai Co's highest PB Ratio was 20.25. The lowest was 5.39. And the median was 9.61.
SHSE:600519's PB Ratio is ranked worse than 88.73% of 204
companies
in the Beverages - Alcoholic industry
Industry Median: 1.65
vs SHSE:600519: 5.96
During the past 12 months, Kweichow Moutai Co's average Book Value Per Share Growth Rate was 5.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 7.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 8.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 15.00% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Kweichow Moutai Co was 100.00% per year. The lowest was 7.10% per year. And the median was 23.10% per year.
Back to Basics: PB Ratio
Kweichow Moutai Co (SHSE:600519) 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.
Kweichow Moutai Co PB Ratio Related Terms
Kweichow Moutai Co PB Ratio Historical Data
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The historical data trend for Kweichow Moutai 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.
For the Beverages - Wineries & Distilleries subindustry, Kweichow Moutai 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.
Kweichow Moutai Co PB Ratio vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Kweichow Moutai Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Kweichow Moutai Co'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.
Kweichow Moutai Co (SHSE:600519) has a PB Ratio of 5.96 as of Jul. 23, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Kweichow Moutai Co and its competitors. This is 38% below median its historical median of 9.61. Over the past decade, Kweichow Moutai Co's PB Ratio has ranged from 5.39 to 20.25. According to the industry distribution chart, Kweichow Moutai Co ranks #181 out of 204 companies in the Beverages - Alcoholic industry, placing it in the top 88.7%.
Is Kweichow Moutai Co's PB Ratio too high?
Kweichow Moutai Co's current PB Ratio of 5.96 is 38% below median its 10-year median of 9.61. Over the past 10 years, this metric has ranged from a low of 5.39 to a high of 20.25. The Beverages - Alcoholic industry median PB Ratio is 1.65. Kweichow Moutai Co's value of 5.96 is 261.2% above this industry median. Based on the distribution chart, Kweichow Moutai Co ranks #181 out of 204 companies in the Beverages - Alcoholic industry, which is in the bottom quartile relative to peers. Overall, Kweichow Moutai Co has a GF Score™ of 99/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kweichow Moutai Co's PB Ratio compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Kweichow Moutai Co ranks #181 out of 204 companies for PB Ratio. This places Kweichow Moutai Co in the lower half of its industry. The industry median PB Ratio is 1.65. Kweichow Moutai Co's value of 5.96 is 261.2% above this benchmark. Historically, Kweichow Moutai Co's own PB Ratio has ranged from 5.39 to 20.25 over the past decade. While the company's 10-year median is 9.61 vs. the industry median of 1.65, Kweichow Moutai 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 Beverages - Alcoholic company?
The median PB Ratio among Beverages - Alcoholic companies is 1.65, based on 204 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. Kweichow Moutai Co's current PB Ratio of 5.96 is 261.2% 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 Kweichow Moutai Co and its competitors. For the Beverages - Alcoholic industry, the median PB Ratio is 1.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kweichow Moutai Co's current PB Ratio is 5.96, which is 38% below median its own 10-year median of 9.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kweichow Moutai Co stock overvalued right now?
Based on GuruFocus' analysis, Kweichow Moutai Co (SHSE:600519) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥1,594.27, compared to a current price of ¥1,292.01 — trading 19% below its estimated fair value. The current PB Ratio is 5.96, which is 38% below median its 10-year median of 9.61 and 261.2% above the Beverages - Alcoholic industry median of 1.65. Kweichow Moutai Co's overall GF Score™ is 99/100 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 Kweichow Moutai Co (SHSE:600519), the current PB Ratio is 5.96 as of Jul. 23, 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 Kweichow Moutai Co (SHSE:600519) Overvalued in 2026?
Based on GuruFocus' analysis, Kweichow Moutai Co stock appears to be undervalued.
The current stock price of ¥1,292.01 is trading 19% below its estimated GF Value™ of ¥1,594.27.
GuruFocus considers Kweichow Moutai Co to be Modestly Undervalued.
Key valuation signals for SHSE:600519:
PB Ratio: 5.96 (38% below median its 10-year median of 9.61)
GF Value™: ¥1,594.27 vs. price of ¥1,292.01 (19% below fair value)
Industry Position: 261.2% above the Beverages - Alcoholic median (#181 of 204)
No single metric tells the full story. See the SHSE:600519 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kweichow Moutai is China's largest baijiu producer, with sales revenue of over CNY 170 billion in 2024. Established in 1951, Moutai is headquartered in Moutai Town, Renhuai City, Guizhou province, in southwest China. Its core product, 53-degree Feitian Moutai, is known as China's national drink and has been consumed during many high-profile historical and political events. Moutai's unparalleled brand strength and premium product quality have led to remarkable pricing power, allowing it to achieve the industry's highest retail prices and profit margins. The State-owned Assets Supervision and Administration Commission of Guizhou province, through Moutai Group, controls a 49% stake in Kweichow Moutai.
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