Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Shanxi Guoxin EnergySHSE:600617 -1.05%61 PB Ratio is 1.37 as of Jul. 17, 2026, which is 12% below its 10-year median of 1.56. GuruFocus rates SHSE:600617 with a GF Score™ of 61/100 and a GF Value™ of ¥2.87 (Fairly Valued). The stock has 5 warning signs investors should review. Among 926 Oil & Gas companies, Shanxi Guoxin Energy ranks better than 52.05% on this metric.
Shanxi Guoxin Energy Corporation Ltd stock PB Ratio (=1.34) is close to 1-year low of 1.26.
The historical rank and industry rank for Shanxi Guoxin Energy's PB Ratio or its related term are showing as below:
SHSE:600617'
s PB Ratio Range Over the Past 10 Years
Min: 1.02 Med: 1.56 Max: 3.64
Current: 1.37
During the past 13 years, Shanxi Guoxin Energy's highest PB Ratio was 3.64. The lowest was 1.02. And the median was 1.56.
SHSE:600617's PB Ratio is ranked better than 52.05% of 926
companies
in the Oil & Gas industry
Industry Median: 1.425
vs SHSE:600617: 1.37
During the past 12 months, Shanxi Guoxin Energy's average Book Value Per Share Growth Rate was -6.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 1.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -1.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -2.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Shanxi Guoxin Energy was 43.50% per year. The lowest was -66.90% per year. And the median was -0.10% per year.
Back to Basics: PB Ratio
Shanxi Guoxin Energy (SHSE:600617) 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.
Shanxi Guoxin Energy PB Ratio Related Terms
Shanxi Guoxin Energy PB Ratio Historical Data
* Premium members only.
The historical data trend for Shanxi Guoxin Energy'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 Oil & Gas Midstream subindustry, Shanxi Guoxin Energy'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.
Shanxi Guoxin Energy PB Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Shanxi Guoxin Energy's PB Ratio distribution charts can be found below:
* The bar in red indicates where Shanxi Guoxin Energy'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.
Shanxi Guoxin Energy (SHSE:600617) has a PB Ratio of 1.37 as of Jul. 17, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Shanxi Guoxin Energy and its competitors. This is 12% below median its historical median of 1.56. Over the past decade, Shanxi Guoxin Energy's PB Ratio has ranged from 1.02 to 3.64. According to the industry distribution chart, Shanxi Guoxin Energy ranks #444 out of 926 companies in the Oil & Gas industry, placing it in the top 47.9%.
Is Shanxi Guoxin Energy's PB Ratio too high?
Shanxi Guoxin Energy's current PB Ratio of 1.37 is 12% below median its 10-year median of 1.56. Over the past 10 years, this metric has ranged from a low of 1.02 to a high of 3.64. The Oil & Gas industry median PB Ratio is 1.43. Shanxi Guoxin Energy's value of 1.37 is 3.9% below this industry median. Based on the distribution chart, Shanxi Guoxin Energy ranks #444 out of 926 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Shanxi Guoxin Energy has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shanxi Guoxin Energy's PB Ratio compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, Shanxi Guoxin Energy ranks #444 out of 926 companies for PB Ratio. This puts Shanxi Guoxin Energy in the upper half of its industry. The industry median PB Ratio is 1.43. Shanxi Guoxin Energy's value of 1.37 is 3.9% below this benchmark. Historically, Shanxi Guoxin Energy's own PB Ratio has ranged from 1.02 to 3.64 over the past decade. While the company's 10-year median is 1.56 vs. the industry median of 1.43, Shanxi Guoxin Energy 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 Oil & Gas company?
The median PB Ratio among Oil & Gas companies is 1.43, based on 926 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. Shanxi Guoxin Energy's current PB Ratio of 1.37 is 3.9% 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 Shanxi Guoxin Energy and its competitors. For the Oil & Gas 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. Shanxi Guoxin Energy's current PB Ratio is 1.37, which is 12% below median its own 10-year median of 1.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanxi Guoxin Energy stock overvalued right now?
Based on GuruFocus' analysis, Shanxi Guoxin Energy (SHSE:600617) is currently considered Fairly Valued. The stock's GF Value™ is ¥2.87, compared to a current price of ¥2.83 — trading 1.4% below its estimated fair value. The current PB Ratio is 1.37, which is 12% below median its 10-year median of 1.56 and 3.9% below the Oil & Gas industry median of 1.43. Shanxi Guoxin Energy's overall GF Score™ is 61/100 with 5 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 Shanxi Guoxin Energy (SHSE:600617), the current PB Ratio is 1.37 as of Jul. 17, 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 Shanxi Guoxin Energy (SHSE:600617) Overvalued in 2026?
Based on GuruFocus' analysis, Shanxi Guoxin Energy stock appears to be undervalued.
The current stock price of ¥2.83 is trading 1.4% below its estimated GF Value™ of ¥2.87.
GuruFocus considers Shanxi Guoxin Energy to be Fairly Valued.
Key valuation signals for SHSE:600617:
PB Ratio: 1.37 (12% below median its 10-year median of 1.56)
GF Value™: ¥2.87 vs. price of ¥2.83 (1.4% below fair value)
Industry Position: 3.9% below the Oil & Gas median (#444 of 926)
No single metric tells the full story. See the SHSE:600617 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:600617 has been successfully added to your 
