Shandong Iron & Steel Co (SHSE:600022) EV-to-EBIT: 35.90 (As of Aug. 19, 2026) — 159% Above Median

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SHSE:600022 Shandong Iron & Steel Co Ltd SHSE:600022
54 GF Score
Price ¥1.30
GF Value ¥1.11
Valuation Modestly Overvalued
! 9 Warning Signs
View Full Analysis

What is Shandong Iron & Steel Co EV-to-EBIT?

Shandong Iron & Steel Co SHSE:600022 -1.52% 54 EV-to-EBIT is 35.90 as of Aug. 19, 2026, which is 159% above its 10-year median of 13.86. GuruFocus rates SHSE:600022 with a GF Score™ of 54/100 and a GF Value™ of ¥1.11 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 490 Steel companies, Shandong Iron & Steel Co ranks worse than 82.24% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Shandong Iron & Steel Co's Enterprise Value is ¥29,781 Mil. Shandong Iron & Steel Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ¥830 Mil. Therefore, Shandong Iron & Steel Co's EV-to-EBIT for today is 35.90.

The historical rank and industry rank for Shandong Iron & Steel Co's EV-to-EBIT or its related term are showing as below:

SHSE:600022' s EV-to-EBIT Range Over the Past 10 Years
Min: -239.82   Med: 13.86   Max: 236.05
Current: 35.9

During the past 13 years, the highest EV-to-EBIT of Shandong Iron & Steel Co was 236.05. The lowest was -239.82. And the median was 13.86.

SHSE:600022's EV-to-EBIT is ranked worse than
82.24% of 490 companies
in the Steel industry
Industry Median: 12.91 vs SHSE:600022: 35.90

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Shandong Iron & Steel Co's Enterprise Value for the quarter that ended in Mar. 2026 was ¥42,785 Mil. Shandong Iron & Steel Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ¥830 Mil. Shandong Iron & Steel Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 1.94%.


Shandong Iron & Steel Co  (SHSE:600022) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Shandong Iron & Steel Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2026 ) =EBIT / Enterprise Value (Q: Mar. 2026 )
=829.644/42785.227
=1.94 %

Shandong Iron & Steel Co's Enterprise Value for the quarter that ended in Mar. 2026 was ¥42,785 Mil.
Shandong Iron & Steel Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥830 Mil.

* 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.


Shandong Iron & Steel Co EV-to-EBIT Related Terms


Shandong Iron & Steel Co EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Shandong Iron & Steel Co's EV-to-EBIT 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.

Shandong Iron & Steel Co EV-to-EBIT Chart

Shandong Iron & Steel Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.18 15.13 78.76 -15.86 36.11

Shandong Iron & Steel Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBIT 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 -17.02 -20.08 -96.01 36.11 51.57

SHSE:600022 vs NUE, STLD, RS: EV-to-EBIT Comparison

For the Steel subindustry, Shandong Iron & Steel Co's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.


Shandong Iron & Steel Co EV-to-EBIT vs Steel Industry

For the Steel industry and Basic Materials sector, Shandong Iron & Steel Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Shandong Iron & Steel Co's EV-to-EBIT falls into.


SHSE:600022
54GF Score
Shandong Iron & Steel Co Ltd SHSE:600022
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shandong Iron & Steel Co EV-to-EBIT Calculation

Shandong Iron & Steel Co's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=29780.781/829.644
=35.90

Shandong Iron & Steel Co's current Enterprise Value is ¥29,781 Mil.
Shandong Iron & Steel Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥830 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 35.90 mean?
Shandong Iron & Steel Co (SHSE:600022) has a EV-to-EBIT of 35.90 as of Aug. 19, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Shandong Iron & Steel Co and its competitors. This is 159% above median its historical median of 13.86. According to the industry distribution chart, Shandong Iron & Steel Co ranks #403 out of 490 companies in the Steel industry, placing it in the top 82.2%.
Is Shandong Iron & Steel Co's EV-to-EBIT too high?
Shandong Iron & Steel Co's current EV-to-EBIT of 35.90 is 159% above median its 10-year median of 13.86. The Steel industry median EV-to-EBIT is 12.91. Shandong Iron & Steel Co's value of 35.90 is 178.1% above this industry median. Based on the distribution chart, Shandong Iron & Steel Co ranks #403 out of 490 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Shandong Iron & Steel Co has a GF Score™ of 54/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shandong Iron & Steel Co's EV-to-EBIT compare to NUE and STLD?
According to the Steel industry distribution chart, Shandong Iron & Steel Co ranks #403 out of 490 companies for EV-to-EBIT. This places Shandong Iron & Steel Co in the lower half of its industry. The industry median EV-to-EBIT is 12.91. Shandong Iron & Steel Co's value of 35.90 is 178.1% above this benchmark. While the company's 10-year median is 13.86 vs. the industry median of 12.91, Shandong Iron & Steel Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Steel company?
The median EV-to-EBIT among Steel companies is 12.91, based on 490 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Shandong Iron & Steel Co's current EV-to-EBIT of 35.90 is 178.1% above 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 EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Shandong Iron & Steel Co and its competitors. For the Steel industry, the median EV-to-EBIT is 12.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shandong Iron & Steel Co's current EV-to-EBIT is 35.90, which is 159% above median its own 10-year median of 13.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shandong Iron & Steel Co stock overvalued right now?
Based on GuruFocus' analysis, Shandong Iron & Steel Co (SHSE:600022) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥1.11, compared to a current price of ¥1.30 — trading 17.1% above its estimated fair value. The current EV-to-EBIT is 35.90, which is 159% above median its 10-year median of 13.86 and 178.1% above the Steel industry median of 12.91. Shandong Iron & Steel Co's overall GF Score™ is 54/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Shandong Iron & Steel Co (SHSE:600022), the current EV-to-EBIT is 35.90 as of Aug. 19, 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 Shandong Iron & Steel Co (SHSE:600022) Overvalued in 2026?

Based on GuruFocus' analysis, Shandong Iron & Steel Co stock appears to be overvalued. The current stock price of ¥1.30 is trading 17.1% above its estimated GF Value™ of ¥1.11. GuruFocus considers Shandong Iron & Steel Co to be Modestly Overvalued.

Key valuation signals for SHSE:600022:

  • EV-to-EBIT: 35.90 (159% above median its 10-year median of 13.86)
  • GF Value™: ¥1.11 vs. price of ¥1.30 (17.1% above fair value)
  • GF Score™: 54/100 with 9 warning signs
  • Industry Position: 178.1% above the Steel median (#403 of 490)

No single metric tells the full story. See the SHSE:600022 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shandong Iron & Steel Co Business Description

Address No. 21, Gongye North Road, Licheng District, Shandong Province, Jinan, CHN, 250101
Shandong Iron & Steel Co Ltd is a China-based company engaged in manufacturing and marketing steel materials. The company produces cold-formed steel, galvanized coil, composite board, hot rolled equal angle steel, hot-rolled channel steel and other products.
54GF Score

Get the complete analysis for SHSE:600022

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥1.30
Price
¥1.11
GF Value