CHINA MERCHANTS0133.HKValuation Analysis
Based on the blended 10-year P/E and P/B percentiles, the stock currently sits in the “Richly Valued” zone.
As of Oct 16, 2026, CHINA MERCHANTS (0133.HK) trades at a negative P/E (-35.67x, due to a recent net loss), P/B of 0.56x, P/S of 154.80x, and a dividend yield of 13.26%.
Longitudinal percentile comparison: P/E historical percentile is still accumulating data over the trailing long-term window (vs. the short-term percentile still accumulating data); P/B sits at the 97th percentile over the trailing 10Y window (vs. 90th percentile over 3Y); P/S sits at the 11th percentile over the trailing 10Y window (vs. 40th percentile over 3Y).
Cross-sectional valuation: its P/B ranks at the 56th percentile within its industry and the 39th percentile across the broader market.
Shareholder return highlight: Total Shareholder Yield is 13.26%, ranking at the 96th percentile over the trailing 20Y window.
Relative to the broader market, its P/B shows a deeper discount than it does against industry peers. Shareholder returns here are driven almost entirely by cash dividends, with minimal contribution from buybacks. CHINA MERCHANTS operates in the Asset Management II sector. Data refreshes weekly and is for reference only, not investment advice.
Also listed as: HKG: 0133 · SEHK: 0133 · 0133
Want the full picture on whether CHINA MERCHANTS (0133.HK) is under- or over-valued? See the full 3Y / 5Y / 10Y / 20Y P/E, P/B, P/S, Dividend Yield & Total Shareholder Yield percentile matrix and the interactive ECharts trend chart on this page.
Historical Percentiles by Metric
| Metric | Current | Market Percentile | Industry Percentile | 3Y Pctl | 5Y Pctl | 10Y Pctl | 20Y Pctl |
|---|---|---|---|---|---|---|---|
| P/E (TTM) | -35.67 | Negative | Negative | Negative | Negative | Negative | Negative |
| P/B (MRQ) | 0.56 | ||||||
| P/S (TTM) | 154.80 | ||||||
| Dividend Yield | 13.26% | ||||||
| Buyback + Div Yield | 13.26% |