Tsingtao Brewery CoTSGTY 86 PB Ratio is 1.76 as of Jun. 25, 2026, which is 49% below its 10-year median of 3.45. GuruFocus rates TSGTY with a GF Score™ of 86/100 and a GF Value™ of $41.11 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 205 Beverages - Alcoholic companies, Tsingtao Brewery Co ranks worse than 63.41% on this metric.
Tsingtao Brewery Co Ltd stock PB Ratio (=2.21) is close to 10-year low of 2.17.
The historical rank and industry rank for Tsingtao Brewery Co's PB Ratio or its related term are showing as below:
TSGTY'
s PB Ratio Range Over the Past 10 Years
Min: 2.17 Med: 3.45 Max: 7.05
Current: 2.21
During the past 13 years, Tsingtao Brewery Co's highest PB Ratio was 7.05. The lowest was 2.17. And the median was 3.45.
TSGTY's PB Ratio is ranked worse than 63.41% of 205
companies
in the Beverages - Alcoholic industry
Industry Median: 1.69
vs TSGTY: 2.21
During the past 12 months, Tsingtao Brewery Co's average Book Value Per Share Growth Rate was 5.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 6.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 8.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 7.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Tsingtao Brewery Co was 111.50% per year. The lowest was 1.00% per year. And the median was 8.50% per year.
Back to Basics: PB Ratio
Tsingtao Brewery Co (OTCPK:TSGTY) 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.
Tsingtao Brewery Co PB Ratio Related Terms
Tsingtao Brewery Co PB Ratio Historical Data
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The historical data trend for Tsingtao Brewery 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.
For the Beverages - Brewers subindustry, Tsingtao Brewery 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.
Tsingtao Brewery Co PB Ratio vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Tsingtao Brewery Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Tsingtao Brewery Co'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.
Tsingtao Brewery Co (TSGTY) has a PB Ratio of 1.76 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Tsingtao Brewery Co and its competitors. This is 49% below median its historical median of 3.45. Over the past decade, Tsingtao Brewery Co's PB Ratio has ranged from 2.17 to 7.05. According to the industry distribution chart, Tsingtao Brewery Co ranks #130 out of 205 companies in the Beverages - Alcoholic industry, placing it in the top 63.4%.
Is Tsingtao Brewery Co's PB Ratio too high?
Tsingtao Brewery Co's current PB Ratio of 1.76 is 49% below median its 10-year median of 3.45. Over the past 10 years, this metric has ranged from a low of 2.17 to a high of 7.05. The Beverages - Alcoholic industry median PB Ratio is 1.69. Tsingtao Brewery Co's value of 1.76 is 4.1% above this industry median. Based on the distribution chart, Tsingtao Brewery Co ranks #130 out of 205 companies in the Beverages - Alcoholic industry, which is below the industry midpoint. Overall, Tsingtao Brewery Co has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tsingtao Brewery Co's PB Ratio compare to STZ?
According to the Beverages - Alcoholic industry distribution chart, Tsingtao Brewery Co ranks #130 out of 205 companies for PB Ratio. This places Tsingtao Brewery Co in the lower half of its industry. The industry median PB Ratio is 1.69. Tsingtao Brewery Co's value of 1.76 is 4.1% above this benchmark. Historically, Tsingtao Brewery Co's own PB Ratio has ranged from 2.17 to 7.05 over the past decade. While the company's 10-year median is 3.45 vs. the industry median of 1.69, Tsingtao Brewery 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 Beverages - Alcoholic company?
The median PB Ratio among Beverages - Alcoholic companies is 1.69, based on 205 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. Tsingtao Brewery Co's current PB Ratio of 1.76 is 4.1% 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 Tsingtao Brewery Co and its competitors. For the Beverages - Alcoholic industry, the median PB Ratio is 1.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tsingtao Brewery Co's current PB Ratio is 1.76, which is 49% below median its own 10-year median of 3.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tsingtao Brewery Co stock overvalued right now?
Based on GuruFocus' analysis, Tsingtao Brewery Co (TSGTY) is currently considered Modestly Undervalued. The stock's GF Value™ is $41.11, compared to a current price of $30.35 — trading 26.2% below its estimated fair value. The current PB Ratio is 1.76, which is 49% below median its 10-year median of 3.45 and 4.1% above the Beverages - Alcoholic industry median of 1.69. Tsingtao Brewery Co's overall GF Score™ is 86/100 with 2 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 Tsingtao Brewery Co (TSGTY), the current PB Ratio is 1.76 as of Jun. 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 Tsingtao Brewery Co (TSGTY) Overvalued in 2026?
Based on GuruFocus' analysis, Tsingtao Brewery Co stock appears to be undervalued.
The current stock price of $30.35 is trading 26.2% below its estimated GF Value™ of $41.11.
GuruFocus considers Tsingtao Brewery Co to be Modestly Undervalued.
Key valuation signals for TSGTY:
PB Ratio: 1.76 (49% below median its 10-year median of 3.45)
GF Value™: $41.11 vs. price of $30.35 (26.2% below fair value)
Industry Position: 4.1% above the Beverages - Alcoholic median (#130 of 205)
No single metric tells the full story. See the TSGTY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
With over 100 years of history, Tsingtao Brewery has become one of the leading brewers in China with its core Tsingtao brand. The company commands a dominant position in its core market, Shandong province, which contributed close to 60% of its revenue and net profit in 2024. Unlike other major brewers, Tsingtao Brewery's brand umbrellas consist entirely of domestic brands. The Tsingtao brand has a mid-range to high-end market positioning and contributed over half of its volume whereas the mass market Laoshan brand targets the mainstream segment, with a declining volume mix as the company sought to premiumize its portfolio.
86GF Score
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