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Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.
Guotai Haitong Securities Co Price-to-Tangible-Book Related Terms
Guotai Haitong Securities Co Price-to-Tangible-Book 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.
Guotai Haitong Securities Co Price-to-Tangible-Book Chart
GUOSF vs MS, GS, SCHW: Price-to-Tangible-Book Comparison
For the Capital Markets subindustry, Guotai Haitong Securities Co's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.
Guotai Haitong Securities Co Price-to-Tangible-Book vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Guotai Haitong Securities Co's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Guotai Haitong Securities Co's Price-to-Tangible-Book falls into.
* 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 PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.
Guotai Haitong Securities Co (GUOSF) has a Price-to-Tangible-Book of 0.65 as of Sep. 21, 2026. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Guotai Haitong Securities Co and its competitors. According to the industry distribution chart, Guotai Haitong Securities Co ranks #227 out of 742 companies in the Capital Markets industry, placing it in the top 30.6%.
Is Guotai Haitong Securities Co's Price-to-Tangible-Book too high?
Guotai Haitong Securities Co's current Price-to-Tangible-Book is 0.65. The Capital Markets industry median Price-to-Tangible-Book is 1.36. Guotai Haitong Securities Co's value of 0.65 is 52.2% below this industry median. Based on the distribution chart, Guotai Haitong Securities Co ranks #227 out of 742 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Guotai Haitong Securities Co has a GF Score™ of 52/100, reflecting its overall financial health beyond just this single metric.
How does Guotai Haitong Securities Co's Price-to-Tangible-Book compare to MS and GS?
According to the Capital Markets industry distribution chart, Guotai Haitong Securities Co ranks #227 out of 742 companies for Price-to-Tangible-Book. This puts Guotai Haitong Securities Co in the upper half of its industry. The industry median Price-to-Tangible-Book is 1.36. Guotai Haitong Securities Co's value of 0.65 is 52.2% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Price-to-Tangible-Book for a Capital Markets company?
The median Price-to-Tangible-Book among Capital Markets companies is 1.36, based on 742 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Tangible-Book significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Tangible-Book should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Guotai Haitong Securities Co's current Price-to-Tangible-Book of 0.65 is 52.2% 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 Price-to-Tangible-Book mean?
A high Price-to-Tangible-Book can signal that a stock is expensive relative to its fundamentals. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Guotai Haitong Securities Co and its competitors. For the Capital Markets industry, the median Price-to-Tangible-Book is 1.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Guotai Haitong Securities Co's current Price-to-Tangible-Book is 0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guotai Haitong Securities Co stock overvalued right now?
Guotai Haitong Securities Co (GUOSF) has a current Price-to-Tangible-Book of 0.65. The stock's GF Value™ is $2.53, compared to a current price of $2.00 — trading 20.9% below its estimated fair value. The current Price-to-Tangible-Book is 0.65 and 52.2% below the Capital Markets industry median of 1.36. Guotai Haitong Securities Co's overall GF Score™ is 52/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Tangible-Book calculated?
Price-to-Tangible-Book is calculated from a company's financial statements. For Guotai Haitong Securities Co (GUOSF), the current Price-to-Tangible-Book is 0.65 as of Sep. 21, 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 Guotai Haitong Securities Co (GUOSF) Overvalued in 2026?
Based on GuruFocus' analysis, Guotai Haitong Securities Co stock appears to be undervalued.
The current stock price of $2.00 is trading 20.9% below its estimated GF Value™ of $2.53.
Key valuation signals for GUOSF:
Price-to-Tangible-Book: 0.65
GF Value™: $2.53 vs. price of $2.00 (20.9% below fair value)
Industry Position: 52.2% below the Capital Markets median (#227 of 742)
No single metric tells the full story. See the GUOSF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Guotai Haitong Securities Co Ltd provides financial services across wealth management, investment banking, institutional trading, investment management, and finance lease segments. Its wealth management business offers brokerage, advisory, margin financing, and securities lending services, while investment banking includes underwriting and M&A advisory. The institutional trading segment, the highest revenue contributor, covers institutional services, trading, and investment activities across multiple asset classes. The Group also provides asset and fund management and finance leasing solutions. It generates revenue mainly from fees, commissions, interest income, and investment gains. The company generates the majority of its revenue from Mainland China.
52GF Score
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