ZHEXF (Zhejiang Expressway Co) ROE % Adjusted to Book Value: 12.21% (As of Dec. 2025)


ZHEXF Zhejiang Expressway Co Ltd ZHEXF
73 GF Score
Price $0.82
GF Value $1.06
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Zhejiang Expressway Co ROE % Adjusted to Book Value?

Zhejiang Expressway Co ZHEXF +1.78% 73 ROE % Adjusted to Book Value is 12.21% as of Dec. 2025. GuruFocus rates ZHEXF with a GF Score™ of 73/100 and a GF Value™ of $1.06 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Zhejiang Expressway Co's ROE % for the quarter that ended in Dec. 2025 was 9.16%. Zhejiang Expressway Co's PB Ratio for the quarter that ended in Dec. 2025 was 0.75. Zhejiang Expressway Co's ROE % Adjusted to Book Value for the quarter that ended in Dec. 2025 was 12.21%.


Zhejiang Expressway Co ROE % Adjusted to Book Value Related Terms


Zhejiang Expressway Co ROE % Adjusted to Book Value Historical Data

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The historical data trend for Zhejiang Expressway Co'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.

Zhejiang Expressway Co ROE % Adjusted to Book Value Chart

Zhejiang Expressway Co 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 18.71 20.43 20.01 20.48 14.96

Zhejiang Expressway Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Jun25 Sep25 Dec25
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 21.83 19.61 0.00 14.35 12.21

Zhejiang Expressway Co ROE % Adjusted to Book Value Competitor Comparison

For the Infrastructure Operations subindustry, Zhejiang Expressway Co'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.


Zhejiang Expressway Co ROE % Adjusted to Book Value vs Construction Industry

For the Construction industry and Industrials sector, Zhejiang Expressway Co's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Zhejiang Expressway Co's ROE % Adjusted to Book Value falls into.


ZHEXF
73GF Score
Zhejiang Expressway Co Ltd ZHEXF
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhejiang Expressway Co ROE % Adjusted to Book Value Calculation

Zhejiang Expressway Co'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
=11.22% / 0.75
=14.96%

Zhejiang Expressway Co's ROE % Adjusted to Book Value for the quarter that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=9.16% / 0.75
=12.21%

* 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 12.21% mean?
Zhejiang Expressway Co (ZHEXF) has a ROE % Adjusted to Book Value of 12.21% as of Dec. 2025. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Zhejiang Expressway Co and its competitors.
Is Zhejiang Expressway Co's ROE % Adjusted to Book Value too high?
Zhejiang Expressway Co's current ROE % Adjusted to Book Value is 12.21%. Overall, Zhejiang Expressway Co has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Expressway Co's ROE % Adjusted to Book Value compare to competitors?
Zhejiang Expressway Co's ROE % Adjusted to Book Value of 12.21% can be compared against companies in the Construction 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 Construction company?
A good ROE % Adjusted to Book Value depends on the Construction 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 Zhejiang Expressway Co and its competitors. Zhejiang Expressway Co's current ROE % Adjusted to Book Value is 12.21%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Expressway Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Expressway Co (ZHEXF) is currently considered Modestly Undervalued. The stock's GF Value™ is $1.06, compared to a current price of $0.82 — trading 23.1% below its estimated fair value. The current ROE % Adjusted to Book Value is 12.21%. Zhejiang Expressway Co's overall GF Score™ is 73/100 with 4 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 Zhejiang Expressway Co (ZHEXF), the current ROE % Adjusted to Book Value is 12.21% as of Dec. 2025. 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 Zhejiang Expressway Co (ZHEXF) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Expressway Co stock appears to be undervalued. The current stock price of $0.82 is trading 23.1% below its estimated GF Value™ of $1.06. GuruFocus considers Zhejiang Expressway Co to be Modestly Undervalued.

Key valuation signals for ZHEXF:

  • ROE % Adjusted to Book Value: 12.21%
  • GF Value™: $1.06 vs. price of $0.82 (23.1% below fair value)
  • GF Score™: 73/100 with 4 warning signs

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


Zhejiang Expressway Co Business Description

Other Exchanges 00576:Hong KongZHJ:Germany
Address 199 Wuxing Road, Room 501, No. 2, Mingzhu International Business Center, Zhejiang Province, Hangzhou, CHN, 310020
Zhejiang Expressway Co Ltd is a Chinese infrastructure company that, through its subsidiaries, develops, maintains, and operates high-grade roads. The company organizes itself into three segments: toll operation, securities business, and other business. The company derives the majority of revenue and earnings from the toll road business. The securities business, the next segment, provides brokerage services, including advisory, margin lending, and asset management. The company earns the entirety of its revenue domestically.
73GF Score

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

$0.82
Price
$1.06
GF Value