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China Security CoSHSE:600654 +1.19%58 PB Ratio is 4.37 as of Jul. 14, 2026, which is 26% below its 10-year median of 5.88. GuruFocus rates SHSE:600654 with a GF Score™ of 58/100 and a GF Value™ of ¥2.86 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,048 Business Services companies, China Security Co ranks worse than 84.35% on this metric.
China Security Co Ltd stock PB Ratio (=4.56) is close to 1-year low of 4.45.
The historical rank and industry rank for China Security Co's PB Ratio or its related term are showing as below:
SHSE:600654'
s PB Ratio Range Over the Past 10 Years
Min: 1.08 Med: 5.88 Max: 101.9
Current: 4.34
During the past 13 years, China Security Co's highest PB Ratio was 101.90. The lowest was 1.08. And the median was 5.88.
SHSE:600654's PB Ratio is ranked worse than 84.35% of 1048
companies
in the Business Services industry
Industry Median: 1.66
vs SHSE:600654: 4.34
During the past 12 months, China Security Co's average Book Value Per Share Growth Rate was 0.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 1.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of China Security Co was 97.50% per year. The lowest was -65.10% per year. And the median was 7.80% per year.
Back to Basics: PB Ratio
China Security Co (SHSE:600654) 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.
China Security Co PB Ratio Related Terms
China Security Co PB Ratio Historical Data
* Premium members only.
The historical data trend for China Security 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.
SHSE:600654 vs ALLE, MSA, ADT: PB Ratio Comparison
For the Security & Protection Services subindustry, China Security 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.
China Security Co PB Ratio vs Business Services Industry
For the Business Services industry and Industrials sector, China Security Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where China Security 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.
China Security Co (SHSE:600654) has a PB Ratio of 4.37 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 China Security Co and its competitors. This is 26% below median its historical median of 5.88. Over the past decade, China Security Co's PB Ratio has ranged from 1.08 to 101.90. According to the industry distribution chart, China Security Co ranks #884 out of 1048 companies in the Business Services industry, placing it in the top 84.4%.
Is China Security Co's PB Ratio too high?
China Security Co's current PB Ratio of 4.37 is 26% below median its 10-year median of 5.88. Over the past 10 years, this metric has ranged from a low of 1.08 to a high of 101.90. The Business Services industry median PB Ratio is 1.66. China Security Co's value of 4.37 is 163.3% above this industry median. Based on the distribution chart, China Security Co ranks #884 out of 1048 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, China Security Co has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Security Co's PB Ratio compare to ALLE and MSA?
According to the Business Services industry distribution chart, China Security Co ranks #884 out of 1048 companies for PB Ratio. This places China Security Co in the lower half of its industry. The industry median PB Ratio is 1.66. China Security Co's value of 4.37 is 163.3% above this benchmark. Historically, China Security Co's own PB Ratio has ranged from 1.08 to 101.90 over the past decade. While the company's 10-year median is 5.88 vs. the industry median of 1.66, China Security 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 Business Services company?
The median PB Ratio among Business Services companies is 1.66, based on 1,048 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. China Security Co's current PB Ratio of 4.37 is 163.3% 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 China Security Co and its competitors. For the Business Services industry, the median PB Ratio is 1.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Security Co's current PB Ratio is 4.37, which is 26% below median its own 10-year median of 5.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Security Co stock overvalued right now?
Based on GuruFocus' analysis, China Security Co (SHSE:600654) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥2.86, compared to a current price of ¥2.56 — trading 10.5% below its estimated fair value. The current PB Ratio is 4.37, which is 26% below median its 10-year median of 5.88 and 163.3% above the Business Services industry median of 1.66. China Security Co's overall GF Score™ is 58/100 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 China Security Co (SHSE:600654), the current PB Ratio is 4.37 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 China Security Co (SHSE:600654) Overvalued in 2026?
Based on GuruFocus' analysis, China Security Co stock appears to be undervalued.
The current stock price of ¥2.56 is trading 10.5% below its estimated GF Value™ of ¥2.86.
GuruFocus considers China Security Co to be Modestly Undervalued.
Key valuation signals for SHSE:600654:
PB Ratio: 4.37 (26% below median its 10-year median of 5.88)
GF Value™: ¥2.86 vs. price of ¥2.56 (10.5% below fair value)
Industry Position: 163.3% above the Business Services median (#884 of 1048)
No single metric tells the full story. See the SHSE:600654 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Security Co Ltd is a professional smart city system integrator and comprehensive security service provider in China. It is involved in system integration and product manufacture. Its domestic business includes Public Safety, Smart Living, Smart Industry, and Smart Integration. Its international business includes Cash Logistics Management, Property Security Service, Electronic Security Service, Guard Security Services, Facility Management Service, and Extended Security Services.
58GF Score
Get the complete analysis for SHSE:600654
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