China Tourism Group Duty Free (SHSE:601888) ROE % Adjusted to Book Value: 6.57% (As of Mar. 2026)

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SHSE:601888 China Tourism Group Duty Free Corp Ltd SHSE:601888
81 GF Score
Price ¥54.06
GF Value ¥68.42
Valuation Modestly Undervalued
! 5 Warning Signs
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What is China Tourism Group Duty Free ROE % Adjusted to Book Value?

China Tourism Group Duty Free SHSE:601888 -1.66% 81 ROE % Adjusted to Book Value is 6.57% as of Mar. 2026. GuruFocus rates SHSE:601888 with a GF Score™ of 81/100 and a GF Value™ of ¥68.42 (Modestly Undervalued). The stock has 5 warning signs investors should review.

China Tourism Group Duty Free's ROE % for the quarter that ended in Mar. 2026 was 16.56%. China Tourism Group Duty Free's PB Ratio for the quarter that ended in Mar. 2026 was 2.52. China Tourism Group Duty Free's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 6.57%.


China Tourism Group Duty Free ROE % Adjusted to Book Value Related Terms


China Tourism Group Duty Free ROE % Adjusted to Book Value Historical Data

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The historical data trend for China Tourism Group Duty Free's ROE % Adjusted to Book Value 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.

China Tourism Group Duty Free ROE % Adjusted to Book Value Chart

China Tourism Group Duty Free Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.57 1.40 4.07 3.11 1.84

China Tourism Group Duty Free Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Adjusted to Book Value 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 6.32 2.06 1.23 1.09 6.57

SHSE:601888 vs CASY, WSM, ULTA: ROE % Adjusted to Book Value Comparison

For the Specialty Retail subindustry, China Tourism Group Duty Free's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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.


China Tourism Group Duty Free ROE % Adjusted to Book Value vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, China Tourism Group Duty Free's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where China Tourism Group Duty Free's ROE % Adjusted to Book Value falls into.


SHSE:601888
81GF Score
China Tourism Group Duty Free Corp Ltd SHSE:601888
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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China Tourism Group Duty Free ROE % Adjusted to Book Value Calculation

China Tourism Group Duty Free's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=6.49% / 3.53
=1.84%

China Tourism Group Duty Free's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=16.56% / 2.52
=6.57%

* 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.

What does a ROE % Adjusted to Book Value of 6.57% mean?
China Tourism Group Duty Free (SHSE:601888) has a ROE % Adjusted to Book Value of 6.57% as of Mar. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on China Tourism Group Duty Free and its competitors.
Is China Tourism Group Duty Free's ROE % Adjusted to Book Value too high?
China Tourism Group Duty Free's current ROE % Adjusted to Book Value is 6.57%. Overall, China Tourism Group Duty Free has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Tourism Group Duty Free's ROE % Adjusted to Book Value compare to CASY and WSM?
China Tourism Group Duty Free's ROE % Adjusted to Book Value of 6.57% can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for a Retail - Cyclical company?
A good ROE % Adjusted to Book Value depends on the Retail - Cyclical industry context. However, ROE % Adjusted to Book Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on China Tourism Group Duty Free and its competitors. China Tourism Group Duty Free's current ROE % Adjusted to Book Value is 6.57%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Tourism Group Duty Free stock overvalued right now?
Based on GuruFocus' analysis, China Tourism Group Duty Free (SHSE:601888) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥68.42, compared to a current price of ¥54.06 — trading 21% below its estimated fair value. The current ROE % Adjusted to Book Value is 6.57%. China Tourism Group Duty Free's overall GF Score™ is 81/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For China Tourism Group Duty Free (SHSE:601888), the current ROE % Adjusted to Book Value is 6.57% as of Mar. 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 China Tourism Group Duty Free (SHSE:601888) Overvalued in 2026?

Based on GuruFocus' analysis, China Tourism Group Duty Free stock appears to be undervalued. The current stock price of ¥54.06 is trading 21% below its estimated GF Value™ of ¥68.42. GuruFocus considers China Tourism Group Duty Free to be Modestly Undervalued.

Key valuation signals for SHSE:601888:

  • ROE % Adjusted to Book Value: 6.57%
  • GF Value™: ¥68.42 vs. price of ¥54.06 (21% below fair value)
  • GF Score™: 81/100 with 5 warning signs

No single metric tells the full story. See the SHSE:601888 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Tourism Group Duty Free Business Description

Other Exchanges 01880:Hong Kong
Address No. 2A, Dongzhimenwai Street, 8th Floor, Building A, Dongcheng District, Beijing, CHN, 100027
Established in 1984, China Tourism Group Duty Free is China's largest and the world's second-largest travel retailer in 2025 with revenue of CNY 54 billion. The company primarily operates duty-free stores at airports, border crossings, offshore, downtown, and on flights, cruises and ships, with about 200 stores spanning over 33 provinces in China, as well as overseas. The company also operates a duty-paid business. Its 2025 revenue mix was 73% duty-free sales and 27% duty-paid sales and others. CTG Duty Free is 50% owned by China Tourism Group, a state-owned enterprise that falls directly under the State-owned Assets Supervision and Administration Commission of the State Council.
81GF Score

Get the complete analysis for SHSE:601888

ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥54.06
Price
¥68.42
GF Value