Bank of Guiyang Co.,Ltd.

XSSC:601997 Stock Report

Market Cap: CN¥22.0b

Bank of GuiyangLtd Valuation

Is 601997 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 601997 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 601997 (CN¥6.02) is trading below our estimate of fair value (CN¥24.06)

Significantly Below Fair Value: 601997 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 601997?

Key metric: As 601997 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 601997. This is calculated by dividing 601997's market cap by their current earnings.
What is 601997's PE Ratio?
PE Ratio4.4x
EarningsCN¥5.01b
Market CapCN¥22.01b

Price to Earnings Ratio vs Peers

How does 601997's PE Ratio compare to its peers?

The above table shows the PE ratio for 601997 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average6.2x
600928 Bank of Xi'anLtd
6.5xn/aCN¥16.0b
002958 Qingdao Rural Commercial Bank
6.8x9.7%CN¥16.9b
601128 Jiangsu Changshu Rural Commercial Bank
6x15.2%CN¥22.5b
601665 Qilu Bank
5.5x14.4%CN¥24.6b
601997 Bank of GuiyangLtd
4.4x1.0%CN¥22.0b

Price-To-Earnings vs Peers: 601997 is good value based on its Price-To-Earnings Ratio (4.4x) compared to the peer average (6.2x).

Price to Earnings Ratio vs Industry

How does 601997's PE Ratio compare vs other companies in the CN Banks Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
601997 4.4xIndustry Avg. 5.8xNo. of Companies15PE0612182430+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 601997 is good value based on its Price-To-Earnings Ratio (4.4x) compared to the CN Banks industry average (5.8x).

Price to Earnings Ratio vs Fair Ratio

What is 601997's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

601997 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio4.4x
Fair PE Ratio4.7x

Price-To-Earnings vs Fair Ratio: 601997 is good value based on its Price-To-Earnings Ratio (4.4x) compared to the estimated Fair Price-To-Earnings Ratio (4.7x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 601997 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥6.02
CN¥6.44
+7.0%
3.7%CN¥6.68CN¥6.20n/a2
Nov ’25CN¥5.97
CN¥6.44
+7.9%
3.7%CN¥6.68CN¥6.20n/a2
Oct ’25CN¥6.06
CN¥5.82
-4.0%
6.6%CN¥6.20CN¥5.43n/a2
Sep ’25CN¥5.04
CN¥5.82
+15.4%
6.6%CN¥6.20CN¥5.43n/a2
Aug ’25CN¥5.23
CN¥6.06
+15.9%
2.3%CN¥6.20CN¥5.92n/a2
Jul ’25CN¥5.38
CN¥6.06
+12.6%
2.3%CN¥6.20CN¥5.92n/a2
Jun ’25CN¥5.86
CN¥6.06
+3.4%
2.3%CN¥6.20CN¥5.92n/a2
Apr ’25CN¥5.46
CN¥6.30
+15.4%
6.0%CN¥6.68CN¥5.92n/a2
Mar ’25CN¥5.48
CN¥6.37
+16.2%
5.1%CN¥6.68CN¥5.92n/a3
Feb ’25CN¥5.19
CN¥6.37
+22.7%
5.1%CN¥6.68CN¥5.92n/a3
Jan ’25CN¥5.14
CN¥6.44
+25.4%
3.4%CN¥6.68CN¥6.15n/a3
Dec ’24CN¥5.13
CN¥6.44
+25.6%
3.4%CN¥6.68CN¥6.15n/a3
Nov ’24CN¥5.21
CN¥6.44
+23.7%
3.4%CN¥6.68CN¥6.15CN¥5.973
Oct ’24CN¥5.59
CN¥6.44
+15.3%
3.4%CN¥6.68CN¥6.15CN¥6.063
Sep ’24CN¥5.44
CN¥6.44
+18.4%
3.4%CN¥6.68CN¥6.15CN¥5.043
Aug ’24CN¥5.74
CN¥6.56
+14.2%
5.5%CN¥7.02CN¥6.15CN¥5.233
Jul ’24CN¥5.16
CN¥6.56
+27.1%
5.5%CN¥7.02CN¥6.15CN¥5.383
Jun ’24CN¥5.62
CN¥6.56
+16.7%
5.5%CN¥7.02CN¥6.15CN¥5.863
May ’24CN¥5.65
CN¥6.59
+16.5%
6.6%CN¥7.02CN¥6.15CN¥5.642
Mar ’24CN¥5.63
CN¥7.02
+24.7%
12.4%CN¥7.89CN¥6.15CN¥5.482
Feb ’24CN¥5.60
CN¥7.02
+25.4%
12.4%CN¥7.89CN¥6.15CN¥5.192
Jan ’24CN¥5.49
CN¥7.02
+27.9%
12.4%CN¥7.89CN¥6.15CN¥5.142
Dec ’23CN¥5.62
CN¥7.02
+24.9%
12.4%CN¥7.89CN¥6.15CN¥5.132
Nov ’23CN¥5.30
CN¥7.02
+32.5%
12.4%CN¥7.89CN¥6.15CN¥5.212

Analyst Forecast: Target price is less than 20% higher than the current share price.

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