Haitian Water Group Co (SHSE:603759) PB Ratio: 1.09 (As of Jul. 28, 2026) — 35% Below Median

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SHSE:603759 Haitian Water Group Co Ltd SHSE:603759
58 GF Score
Price ¥6.92
GF Value ¥25.55
Valuation Possible Value Trap
! 9 Warning Signs
View Full Analysis

What is Haitian Water Group Co PB Ratio?

Haitian Water Group Co SHSE:603759 +0.73% 58 PB Ratio is 1.09 as of Jul. 28, 2026, which is 35% below its 10-year median of 1.68. GuruFocus rates SHSE:603759 with a GF Score™ of 58/100 and a GF Value™ of ¥25.55 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 501 Utilities - Regulated companies, Haitian Water Group Co ranks better than 63.67% on this metric.

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. As of today (2026-07-28), Haitian Water Group Co's share price is ¥6.92. Haitian Water Group Co's Book Value per Share for the quarter that ended in Mar. 2026 was ¥6.35. Hence, Haitian Water Group Co's PB Ratio of today is 1.09.

Good Sign:

Haitian Water Group Co Ltd stock PB Ratio (=1.06) is close to 10-year low of 1.01.

The historical rank and industry rank for Haitian Water Group Co's PB Ratio or its related term are showing as below:

SHSE:603759' s PB Ratio Range Over the Past 10 Years
Min: 1.01   Med: 1.68   Max: 5.72
Current: 1.09

During the past 10 years, Haitian Water Group Co's highest PB Ratio was 5.72. The lowest was 1.01. And the median was 1.68.

SHSE:603759's PB Ratio is ranked better than
63.67% of 501 companies
in the Utilities - Regulated industry
Industry Median: 1.44 vs SHSE:603759: 1.09

During the past 12 months, Haitian Water Group Co's average Book Value Per Share Growth Rate was 5.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 7.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 10.80% per year.

During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of Haitian Water Group Co was 20.70% per year. The lowest was 7.50% per year. And the median was 14.80% per year.

Back to Basics: PB Ratio


Haitian Water Group Co  (SHSE:603759) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.


Haitian Water Group Co PB Ratio Related Terms


Haitian Water Group Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Haitian Water Group 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.

Haitian Water Group Co PB Ratio Chart

Haitian Water Group Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.42 1.76 1.50 1.50 1.67

Haitian Water Group Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.39 1.40 1.25 1.67 1.57

SHSE:603759 vs AWK, WTRG, AWR: PB Ratio Comparison

For the Utilities - Regulated Water subindustry, Haitian Water Group 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.


Haitian Water Group Co PB Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Haitian Water Group Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Haitian Water Group Co's PB Ratio falls into.


SHSE:603759
58GF Score
Haitian Water Group Co Ltd SHSE:603759
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Haitian Water Group 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.

Haitian Water Group Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=6.92/6.351
=1.09

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 1.09 mean?
Haitian Water Group Co (SHSE:603759) has a PB Ratio of 1.09 as of Jul. 28, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Haitian Water Group Co and its competitors. This is 35% below median its historical median of 1.68. Over the past decade, Haitian Water Group Co's PB Ratio has ranged from 1.01 to 5.72. According to the industry distribution chart, Haitian Water Group Co ranks #182 out of 501 companies in the Utilities - Regulated industry, placing it in the top 36.3%.
Is Haitian Water Group Co's PB Ratio too high?
Haitian Water Group Co's current PB Ratio of 1.09 is 35% below median its 10-year median of 1.68. Over the past 10 years, this metric has ranged from a low of 1.01 to a high of 5.72. The Utilities - Regulated industry median PB Ratio is 1.44. Haitian Water Group Co's value of 1.09 is 24.3% below this industry median. Based on the distribution chart, Haitian Water Group Co ranks #182 out of 501 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Haitian Water Group Co has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Haitian Water Group Co's PB Ratio compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, Haitian Water Group Co ranks #182 out of 501 companies for PB Ratio. This puts Haitian Water Group Co in the upper half of its industry. The industry median PB Ratio is 1.44. Haitian Water Group Co's value of 1.09 is 24.3% below this benchmark. Historically, Haitian Water Group Co's own PB Ratio has ranged from 1.01 to 5.72 over the past decade. While the company's 10-year median is 1.68 vs. the industry median of 1.44, Haitian Water Group Co has consistently been below 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 1.44, 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. Haitian Water Group Co's current PB Ratio of 1.09 is 24.3% below 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 Haitian Water Group Co and its competitors. For the Utilities - Regulated industry, the median PB Ratio is 1.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Haitian Water Group Co's current PB Ratio is 1.09, which is 35% below median its own 10-year median of 1.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Haitian Water Group Co stock overvalued right now?
Based on GuruFocus' analysis, Haitian Water Group Co (SHSE:603759) is currently considered Possible Value Trap. The stock's GF Value™ is ¥25.55, compared to a current price of ¥6.92 — trading 72.9% below its estimated fair value. The current PB Ratio is 1.09, which is 35% below median its 10-year median of 1.68 and 24.3% below the Utilities - Regulated industry median of 1.44. Haitian Water Group Co's overall GF Score™ is 58/100 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 Haitian Water Group Co (SHSE:603759), the current PB Ratio is 1.09 as of Jul. 28, 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 Haitian Water Group Co (SHSE:603759) Overvalued in 2026?

Based on GuruFocus' analysis, Haitian Water Group Co stock appears to be undervalued. The current stock price of ¥6.92 is trading 72.9% below its estimated GF Value™ of ¥25.55. GuruFocus considers Haitian Water Group Co to be Possible Value Trap.

Key valuation signals for SHSE:603759:

  • PB Ratio: 1.09 (35% below median its 10-year median of 1.68)
  • GF Value™: ¥25.55 vs. price of ¥6.92 (72.9% below fair value)
  • GF Score™: 58/100 with 9 warning signs
  • Industry Position: 24.3% below the Utilities - Regulated median (#182 of 501)

No single metric tells the full story. See the SHSE:603759 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Haitian Water Group Co Business Description

Address No. 57, Community Zheng Street, Xinglong Street, No. 10, Unit 1, Building 1, Tianfu New District, Sichuan Province, Chengdu, CHN, 610000
Haitian Water Group Co Ltd is an integrated environmental service operator whose main business is water supply and sewage treatment.
58GF Score

Get the complete analysis for SHSE:603759

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥6.92
Price
¥25.55
GF Value