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Nanyang New Development Ltd stock PB Ratio (=1.83) is close to 10-year high of 1.83.
The historical rank and industry rank for Nanyang New Development's PB Ratio or its related term are showing as below:
SGX:M15'
s PB Ratio Range Over the Past 10 Years
Min: 0.1 Med: 0.56 Max: 1.83
Current: 1.83
During the past 13 years, Nanyang New Development's highest PB Ratio was 1.83. The lowest was 0.10. And the median was 0.56.
SGX:M15's PB Ratio is not ranked
in the Chemicals industry.
Industry Median: 1.73
vs SGX:M15: 1.83
During the past 12 months, Nanyang New Development's average Book Value Per Share Growth Rate was -52.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -37.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -16.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -20.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Nanyang New Development was 24.80% per year. The lowest was -37.00% per year. And the median was -7.80% per year.
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
* 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.
For the Specialty Chemicals subindustry, Nanyang New Development's PB Ratio, along with its competitors' market caps and PB Ratio 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.
Nanyang New Development PB Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Nanyang New Development's PB Ratio distribution charts can be found below:
* The bar in red indicates where Nanyang New Development's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Nanyang New Development (SGX:M15) has a PB Ratio of 1.83 as of Aug. 22, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Nanyang New Development and its competitors. This is 227% above median its historical median of 0.56. Over the past decade, Nanyang New Development's PB Ratio has ranged from 0.10 to 1.83.
Is Nanyang New Development's PB Ratio too high?
Nanyang New Development's current PB Ratio of 1.83 is 227% above median its 10-year median of 0.56. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 1.83. The Chemicals industry median PB Ratio is 1.73. Nanyang New Development's value of 1.83 is 5.8% above this industry median.
How does Nanyang New Development's PB Ratio compare to LIN and SHW?
Nanyang New Development's PB Ratio of 1.83 can be compared against companies in the Chemicals industry. The industry median PB Ratio is 1.73. Nanyang New Development's value of 1.83 is 5.8% above this benchmark. Historically, Nanyang New Development's own PB Ratio has ranged from 0.10 to 1.83 over the past decade. While the company's 10-year median is 0.56 vs. the industry median of 1.73, Nanyang New Development 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 PB Ratio for a Chemicals company?
The median PB Ratio among Chemicals companies is 1.73, based on 1,578 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nanyang New Development's current PB Ratio of 1.83 is 5.8% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Nanyang New Development and its competitors. For the Chemicals industry, the median PB Ratio is 1.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nanyang New Development's current PB Ratio is 1.83, which is 227% above median its own 10-year median of 0.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nanyang New Development stock overvalued right now?
Nanyang New Development (SGX:M15) has a current PB Ratio of 1.83. The stock's GF Value™ is S$0.01, compared to a current price of S$0.02 — trading 120% above its estimated fair value. The current PB Ratio is 1.83, which is 227% above median its 10-year median of 0.56 and 5.8% above the Chemicals industry median of 1.73. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Nanyang New Development (SGX:M15), the current PB Ratio is 1.83 as of Aug. 22, 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.
Nanyang New Development Ltd principal activities of the Company are the formulation, manufacturing and sale of specialty chemicals focusing on dyestuff and auxiliaries for the textile industry. The geographic segments of the company are the PRC, Malaysia and Singapore. The company generates maximum revenue from the PRC.
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