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SHSE:600010's PB Ratio is ranked worse than 76.56% of 610
companies
in the Steel industry
Industry Median: 0.96
vs SHSE:600010: 1.89
During the past 12 months, Inner Mongolian Baotou Steel Union Co's average Book Value Per Share Growth Rate was -0.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -0.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 1.00% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Inner Mongolian Baotou Steel Union Co was 40.00% per year. The lowest was -5.80% per year. And the median was 5.50% per year.
Back to Basics: PB Ratio
Inner Mongolian Baotou Steel Union Co (SHSE:600010) PB Ratio Explanation
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.
Inner Mongolian Baotou Steel Union Co PB Ratio Related Terms
Inner Mongolian Baotou Steel Union Co PB Ratio Historical Data
* 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.
Inner Mongolian Baotou Steel Union Co PB Ratio Chart
For the Steel subindustry, Inner Mongolian Baotou Steel Union Co'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.
Inner Mongolian Baotou Steel Union Co PB Ratio vs Steel Industry
Inner Mongolian Baotou Steel Union Co PB Ratio Calculation
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.
Inner Mongolian Baotou Steel Union Co (SHSE:600010) has a PB Ratio of 1.89 as of Jul. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Inner Mongolian Baotou Steel Union Co and its competitors. This is 19% above median its historical median of 1.59. Over the past decade, Inner Mongolian Baotou Steel Union Co's PB Ratio has ranged from 0.93 to 3.07. According to the industry distribution chart, Inner Mongolian Baotou Steel Union Co ranks #467 out of 610 companies in the Steel industry, placing it in the top 76.6%.
Is Inner Mongolian Baotou Steel Union Co's PB Ratio too high?
Inner Mongolian Baotou Steel Union Co's current PB Ratio of 1.89 is 19% above median its 10-year median of 1.59. Over the past 10 years, this metric has ranged from a low of 0.93 to a high of 3.07. The Steel industry median PB Ratio is 0.96. Inner Mongolian Baotou Steel Union Co's value of 1.89 is 96.9% above this industry median. Based on the distribution chart, Inner Mongolian Baotou Steel Union Co ranks #467 out of 610 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Inner Mongolian Baotou Steel Union Co has a GF Score™ of 56/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Inner Mongolian Baotou Steel Union Co's PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Inner Mongolian Baotou Steel Union Co ranks #467 out of 610 companies for PB Ratio. This places Inner Mongolian Baotou Steel Union Co in the lower half of its industry. The industry median PB Ratio is 0.96. Inner Mongolian Baotou Steel Union Co's value of 1.89 is 96.9% above this benchmark. Historically, Inner Mongolian Baotou Steel Union Co's own PB Ratio has ranged from 0.93 to 3.07 over the past decade. While the company's 10-year median is 1.59 vs. the industry median of 0.96, Inner Mongolian Baotou Steel Union 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 PB Ratio for a Steel company?
The median PB Ratio among Steel companies is 0.96, based on 610 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. Inner Mongolian Baotou Steel Union Co's current PB Ratio of 1.89 is 96.9% 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 Inner Mongolian Baotou Steel Union Co and its competitors. For the Steel industry, the median PB Ratio is 0.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Inner Mongolian Baotou Steel Union Co's current PB Ratio is 1.89, which is 19% above median its own 10-year median of 1.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Inner Mongolian Baotou Steel Union Co stock overvalued right now?
Based on GuruFocus' analysis, Inner Mongolian Baotou Steel Union Co (SHSE:600010) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥1.79, compared to a current price of ¥2.16 — trading 20.7% above its estimated fair value. The current PB Ratio is 1.89, which is 19% above median its 10-year median of 1.59 and 96.9% above the Steel industry median of 0.96. Inner Mongolian Baotou Steel Union Co's overall GF Score™ is 56/100 with 9 warning signs to review. 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 Inner Mongolian Baotou Steel Union Co (SHSE:600010), the current PB Ratio is 1.89 as of Jul. 25, 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 Inner Mongolian Baotou Steel Union Co (SHSE:600010) Overvalued in 2026?
Based on GuruFocus' analysis, Inner Mongolian Baotou Steel Union Co stock appears to be overvalued.
The current stock price of ¥2.16 is trading 20.7% above its estimated GF Value™ of ¥1.79.
GuruFocus considers Inner Mongolian Baotou Steel Union Co to be Modestly Overvalued.
Key valuation signals for SHSE:600010:
PB Ratio: 1.89 (19% above median its 10-year median of 1.59)
GF Value™: ¥1.79 vs. price of ¥2.16 (20.7% above fair value)
Industry Position: 96.9% above the Steel median (#467 of 610)
No single metric tells the full story. See the SHSE:600010 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Inner Mongolian Baotou Steel Union Co Business Description
Inner Mongolian Baotou Steel Union Co Ltd is a steel company in China. Its products include hot-rolled sheets, seamless pipes, heavy rails, and others.
56GF Score
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