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SHSE:600916's PB Ratio is ranked worse than 54.55% of 1076
companies
in the Retail - Cyclical industry
Industry Median: 1.47
vs SHSE:600916: 1.64
During the past 12 months, China National Gold Group Gold Jewellery Co's average Book Value Per Share Growth Rate was -3.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 1.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 4.30% per year.
During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of China National Gold Group Gold Jewellery Co was 19.30% per year. The lowest was 1.00% per year. And the median was 8.70% per year.
Back to Basics: PB Ratio
China National Gold Group Gold Jewellery Co (SHSE:600916) 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 National Gold Group Gold Jewellery Co PB Ratio Related Terms
China National Gold Group Gold Jewellery 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.
China National Gold Group Gold Jewellery Co PB Ratio Chart
China National Gold Group Gold Jewellery Co Annual Data
* 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 National Gold Group Gold Jewellery Co PB Ratio vs Retail - Cyclical Industry
China National Gold Group Gold Jewellery 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.
China National Gold Group Gold Jewellery Co (SHSE:600916) has a PB Ratio of 1.64 as of Jul. 16, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on China National Gold Group Gold Jewellery Co and its competitors. This is 36% below median its historical median of 2.55. Over the past decade, China National Gold Group Gold Jewellery Co's PB Ratio has ranged from 1.59 to 5.81. According to the industry distribution chart, China National Gold Group Gold Jewellery Co ranks #587 out of 1076 companies in the Retail - Cyclical industry, placing it in the top 54.6%.
Is China National Gold Group Gold Jewellery Co's PB Ratio too high?
China National Gold Group Gold Jewellery Co's current PB Ratio of 1.64 is 36% below median its 10-year median of 2.55. Over the past 10 years, this metric has ranged from a low of 1.59 to a high of 5.81. The Retail - Cyclical industry median PB Ratio is 1.47. China National Gold Group Gold Jewellery Co's value of 1.64 is 11.6% above this industry median. Based on the distribution chart, China National Gold Group Gold Jewellery Co ranks #587 out of 1076 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, China National Gold Group Gold Jewellery Co has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China National Gold Group Gold Jewellery Co's PB Ratio compare to TPR?
According to the Retail - Cyclical industry distribution chart, China National Gold Group Gold Jewellery Co ranks #587 out of 1076 companies for PB Ratio. This places China National Gold Group Gold Jewellery Co in the lower half of its industry. The industry median PB Ratio is 1.47. China National Gold Group Gold Jewellery Co's value of 1.64 is 11.6% above this benchmark. Historically, China National Gold Group Gold Jewellery Co's own PB Ratio has ranged from 1.59 to 5.81 over the past decade. While the company's 10-year median is 2.55 vs. the industry median of 1.47, China National Gold Group Gold Jewellery 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 Retail - Cyclical company?
The median PB Ratio among Retail - Cyclical companies is 1.47, based on 1,076 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 National Gold Group Gold Jewellery Co's current PB Ratio of 1.64 is 11.6% 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 National Gold Group Gold Jewellery Co and its competitors. For the Retail - Cyclical industry, the median PB Ratio is 1.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China National Gold Group Gold Jewellery Co's current PB Ratio is 1.64, which is 36% below median its own 10-year median of 2.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China National Gold Group Gold Jewellery Co stock overvalued right now?
Based on GuruFocus' analysis, China National Gold Group Gold Jewellery Co (SHSE:600916) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥10.83, compared to a current price of ¥7.13 — trading 34.2% below its estimated fair value. The current PB Ratio is 1.64, which is 36% below median its 10-year median of 2.55 and 11.6% above the Retail - Cyclical industry median of 1.47. China National Gold Group Gold Jewellery Co's overall GF Score™ is 80/100 with 1 warning sign 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 National Gold Group Gold Jewellery Co (SHSE:600916), the current PB Ratio is 1.64 as of Jul. 16, 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 National Gold Group Gold Jewellery Co (SHSE:600916) Overvalued in 2026?
Based on GuruFocus' analysis, China National Gold Group Gold Jewellery Co stock appears to be undervalued.
The current stock price of ¥7.13 is trading 34.2% below its estimated GF Value™ of ¥10.83.
GuruFocus considers China National Gold Group Gold Jewellery Co to be Significantly Undervalued.
Key valuation signals for SHSE:600916:
PB Ratio: 1.64 (36% below median its 10-year median of 2.55)
GF Value™: ¥10.83 vs. price of ¥7.13 (34.2% below fair value)
Industry Position: 11.6% above the Retail - Cyclical median (#587 of 1076)
No single metric tells the full story. See the SHSE:600916 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China National Gold Group Gold Jewellery Co Business Description
China National Gold Group Gold Jewellery Co Ltd is a professional gold jewelry production and sales enterprise specializing in the operation of the China Gold brand.
80GF Score
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