Huadian New Energy GroupSHSE:600930 +1.30%33 PB Ratio is 1.42 as of Jul. 11, 2026, which is 28% below its 10-year median of 1.98. GuruFocus rates SHSE:600930 with a GF Score™ of 33/100. The stock has 9 warning signs investors should review. Among 431 Utilities - Independent Power Producers companies, Huadian New Energy Group ranks worse than 53.6% on this metric.
During the past 12 months, Huadian New Energy Group's average Book Value Per Share Growth Rate was 9.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 17.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 25.00% per year.
During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Huadian New Energy Group was 516.60% per year. The lowest was 17.30% per year. And the median was 37.85% per year.
Back to Basics: PB Ratio
Huadian New Energy Group (SHSE:600930) 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.
* 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.
Huadian New Energy Group PB Ratio Competitor Comparison
For the Utilities - Renewable subindustry, Huadian New Energy Group'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.
Huadian New Energy Group PB Ratio vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Huadian New Energy Group's PB Ratio distribution charts can be found below:
* The bar in red indicates where Huadian New Energy Group'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.
Huadian New Energy Group (SHSE:600930) has a PB Ratio of 1.42 as of Jul. 11, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Huadian New Energy Group and its competitors. This is 28% below median its historical median of 1.98. Over the past decade, Huadian New Energy Group's PB Ratio has ranged from 1.39 to 2.16. According to the industry distribution chart, Huadian New Energy Group ranks #231 out of 431 companies in the Utilities - Independent Power Producers industry, placing it in the top 53.6%.
Is Huadian New Energy Group's PB Ratio too high?
Huadian New Energy Group's current PB Ratio of 1.42 is 28% below median its 10-year median of 1.98. Over the past 10 years, this metric has ranged from a low of 1.39 to a high of 2.16. The Utilities - Independent Power Producers industry median PB Ratio is 1.30. Huadian New Energy Group's value of 1.42 is 9.2% above this industry median. Based on the distribution chart, Huadian New Energy Group ranks #231 out of 431 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Huadian New Energy Group has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Huadian New Energy Group's PB Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Huadian New Energy Group ranks #231 out of 431 companies for PB Ratio. This places Huadian New Energy Group in the lower half of its industry. The industry median PB Ratio is 1.30. Huadian New Energy Group's value of 1.42 is 9.2% above this benchmark. Historically, Huadian New Energy Group's own PB Ratio has ranged from 1.39 to 2.16 over the past decade. While the company's 10-year median is 1.98 vs. the industry median of 1.30, Huadian New Energy Group 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 an Utilities - Independent Power Producers company?
The median PB Ratio among Utilities - Independent Power Producers companies is 1.30, based on 431 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. Huadian New Energy Group's current PB Ratio of 1.42 is 9.2% 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 Huadian New Energy Group and its competitors. For the Utilities - Independent Power Producers industry, the median PB Ratio is 1.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Huadian New Energy Group's current PB Ratio is 1.42, which is 28% below median its own 10-year median of 1.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Huadian New Energy Group stock overvalued right now?
Huadian New Energy Group (SHSE:600930) has a current PB Ratio of 1.42. The current PB Ratio is 1.42, which is 28% below median its 10-year median of 1.98 and 9.2% above the Utilities - Independent Power Producers industry median of 1.30. Huadian New Energy Group's overall GF Score™ is 33/100 with 9 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 Huadian New Energy Group (SHSE:600930), the current PB Ratio is 1.42 as of Jul. 11, 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.
Huadian New Energy Group Corp Ltd is engaged in Development, investment and operation of new energy projects, mainly wind power generation and solar power generation.
33GF Score
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