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The historical rank and industry rank for Chinatellite Communications Co's PB Ratio or its related term are showing as below:
SHSE:601698'
s PB Ratio Range Over the Past 10 Years
Min: 2.28 Med: 5.11 Max: 12.94
Current: 6.49
During the past 12 years, Chinatellite Communications Co's highest PB Ratio was 12.94. The lowest was 2.28. And the median was 5.11.
SHSE:601698's PB Ratio is ranked worse than 90.56% of 339
companies
in the Telecommunication Services industry
Industry Median: 1.76
vs SHSE:601698: 6.49
During the past 12 months, Chinatellite Communications Co's average Book Value Per Share Growth Rate was 1.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 1.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 5.90% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 5.30% per year.
During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of Chinatellite Communications Co was 8.20% per year. The lowest was 1.90% per year. And the median was 6.50% per year.
Back to Basics: PB Ratio
Chinatellite Communications Co (SHSE:601698) 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.
Chinatellite Communications Co PB Ratio Related Terms
Chinatellite Communications 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.
For the Telecom Services subindustry, Chinatellite Communications 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.
Chinatellite Communications Co PB Ratio vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Chinatellite Communications Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Chinatellite Communications Co's PB Ratio falls into.
Chinatellite Communications 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.
Chinatellite Communications Co (SHSE:601698) has a PB Ratio of 6.49 as of Jul. 20, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Chinatellite Communications Co and its competitors. This is 27% above median its historical median of 5.11. Over the past decade, Chinatellite Communications Co's PB Ratio has ranged from 2.28 to 12.94. According to the industry distribution chart, Chinatellite Communications Co ranks #307 out of 339 companies in the Telecommunication Services industry, placing it in the top 90.6%.
Is Chinatellite Communications Co's PB Ratio too high?
Chinatellite Communications Co's current PB Ratio of 6.49 is 27% above median its 10-year median of 5.11. Over the past 10 years, this metric has ranged from a low of 2.28 to a high of 12.94. The Telecommunication Services industry median PB Ratio is 1.76. Chinatellite Communications Co's value of 6.49 is 268.8% above this industry median. Based on the distribution chart, Chinatellite Communications Co ranks #307 out of 339 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, Chinatellite Communications Co has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Chinatellite Communications Co's PB Ratio compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Chinatellite Communications Co ranks #307 out of 339 companies for PB Ratio. This places Chinatellite Communications Co in the lower half of its industry. The industry median PB Ratio is 1.76. Chinatellite Communications Co's value of 6.49 is 268.8% above this benchmark. Historically, Chinatellite Communications Co's own PB Ratio has ranged from 2.28 to 12.94 over the past decade. While the company's 10-year median is 5.11 vs. the industry median of 1.76, Chinatellite Communications 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 Telecommunication Services company?
The median PB Ratio among Telecommunication Services companies is 1.76, based on 339 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. Chinatellite Communications Co's current PB Ratio of 6.49 is 268.8% 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 Chinatellite Communications Co and its competitors. For the Telecommunication Services industry, the median PB Ratio is 1.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chinatellite Communications Co's current PB Ratio is 6.49, which is 27% above median its own 10-year median of 5.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chinatellite Communications Co stock overvalued right now?
Based on GuruFocus' analysis, Chinatellite Communications Co (SHSE:601698) is currently considered Fairly Valued. The stock's GF Value™ is ¥23.65, compared to a current price of ¥24.55 — trading 3.8% above its estimated fair value. The current PB Ratio is 6.49, which is 27% above median its 10-year median of 5.11 and 268.8% above the Telecommunication Services industry median of 1.76. Chinatellite Communications Co's overall GF Score™ is 76/100 with 4 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 Chinatellite Communications Co (SHSE:601698), the current PB Ratio is 6.49 as of Jul. 20, 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 Chinatellite Communications Co (SHSE:601698) Overvalued in 2026?
Based on GuruFocus' analysis, Chinatellite Communications Co stock appears to be overvalued.
The current stock price of ¥24.55 is trading 3.8% above its estimated GF Value™ of ¥23.65.
GuruFocus considers Chinatellite Communications Co to be Fairly Valued.
Key valuation signals for SHSE:601698:
PB Ratio: 6.49 (27% above median its 10-year median of 5.11)
GF Value™: ¥23.65 vs. price of ¥24.55 (3.8% above fair value)
Industry Position: 268.8% above the Telecommunication Services median (#307 of 339)
No single metric tells the full story. See the SHSE:601698 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chinatellite Communications Co Business Description
China Satellite Communications Co Ltd is engaged in the development and management of communication and broadcasting satellite systems; the design and development of satellite ground application systems and related equipment. It also offers technical consulting, engineering design, engineering contracting services related to the satellite business.
76GF Score
Get the complete analysis for SHSE:601698
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