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SHSE:603291's PB Ratio is ranked worse than 63.67% of 501
companies
in the Utilities - Regulated industry
Industry Median: 1.43
vs SHSE:603291: 1.79
During the past 12 months, Jiangsu United Water Technology Co's average Book Value Per Share Growth Rate was 2.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 9.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 8.70% per year.
During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Jiangsu United Water Technology Co was 17.10% per year. The lowest was 8.70% per year. And the median was 11.70% per year.
Back to Basics: PB Ratio
Jiangsu United Water Technology Co (SHSE:603291) 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.
Jiangsu United Water Technology Co PB Ratio Related Terms
Jiangsu United Water Technology 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.
SHSE:603291 vs AWK, WTRG, AWR: PB Ratio Comparison
For the Utilities - Regulated Water subindustry, Jiangsu United Water Technology 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.
Jiangsu United Water Technology Co PB Ratio vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Jiangsu United Water Technology Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Jiangsu United Water Technology Co's PB Ratio falls into.
Jiangsu United Water Technology 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.
Jiangsu United Water Technology Co (SHSE:603291) has a PB Ratio of 1.79 as of Jul. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Jiangsu United Water Technology Co and its competitors. This is 37% below median its historical median of 2.86. Over the past decade, Jiangsu United Water Technology Co's PB Ratio has ranged from 1.78 to 5.37. According to the industry distribution chart, Jiangsu United Water Technology Co ranks #319 out of 501 companies in the Utilities - Regulated industry, placing it in the top 63.7%.
Is Jiangsu United Water Technology Co's PB Ratio too high?
Jiangsu United Water Technology Co's current PB Ratio of 1.79 is 37% below median its 10-year median of 2.86. Over the past 10 years, this metric has ranged from a low of 1.78 to a high of 5.37. The Utilities - Regulated industry median PB Ratio is 1.43. Jiangsu United Water Technology Co's value of 1.79 is 25.2% above this industry median. Based on the distribution chart, Jiangsu United Water Technology Co ranks #319 out of 501 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Jiangsu United Water Technology Co has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Jiangsu United Water Technology Co's PB Ratio compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, Jiangsu United Water Technology Co ranks #319 out of 501 companies for PB Ratio. This places Jiangsu United Water Technology Co in the lower half of its industry. The industry median PB Ratio is 1.43. Jiangsu United Water Technology Co's value of 1.79 is 25.2% above this benchmark. Historically, Jiangsu United Water Technology Co's own PB Ratio has ranged from 1.78 to 5.37 over the past decade. While the company's 10-year median is 2.86 vs. the industry median of 1.43, Jiangsu United Water Technology 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 an Utilities - Regulated company?
The median PB Ratio among Utilities - Regulated companies is 1.43, based on 501 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. Jiangsu United Water Technology Co's current PB Ratio of 1.79 is 25.2% 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 Jiangsu United Water Technology Co and its competitors. For the Utilities - Regulated 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. Jiangsu United Water Technology Co's current PB Ratio is 1.79, which is 37% below median its own 10-year median of 2.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu United Water Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu United Water Technology Co (SHSE:603291) is currently considered Possible Value Trap. The stock's GF Value™ is ¥10.98, compared to a current price of ¥7.72 — trading 29.7% below its estimated fair value. The current PB Ratio is 1.79, which is 37% below median its 10-year median of 2.86 and 25.2% above the Utilities - Regulated industry median of 1.43. Jiangsu United Water Technology Co's overall GF Score™ is 63/100 with 8 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 Jiangsu United Water Technology Co (SHSE:603291), the current PB Ratio is 1.79 as of Jul. 25, 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 Jiangsu United Water Technology Co (SHSE:603291) Overvalued in 2026?
Based on GuruFocus' analysis, Jiangsu United Water Technology Co stock appears to be undervalued.
The current stock price of ¥7.72 is trading 29.7% below its estimated GF Value™ of ¥10.98.
GuruFocus considers Jiangsu United Water Technology Co to be Possible Value Trap.
Key valuation signals for SHSE:603291:
PB Ratio: 1.79 (37% below median its 10-year median of 2.86)
GF Value™: ¥10.98 vs. price of ¥7.72 (29.7% below fair value)
Industry Position: 25.2% above the Utilities - Regulated median (#319 of 501)
No single metric tells the full story. See the SHSE:603291 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jiangsu United Water Technology Co Business Description
Jiangsu United Water Technology Co Ltd engages in tap water production and supply, sewage treatment and wastewater resource utilization, and water reuse, as well as municipal engineering business. It also actively expands water environment management businesses, such as river and lake basin water management and water ecological restoration.
63GF Score
Get the complete analysis for SHSE:603291
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