Kangxin New Materials Co (SHSE:600076) PB Ratio: 1.08 (As of Jul. 17, 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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SHSE:600076 Kangxin New Materials Co Ltd SHSE:600076
48 GF Score
Price ¥2.85
GF Value ¥2.60
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Kangxin New Materials Co PB Ratio?

Kangxin New Materials Co SHSE:600076 -5.00% 48 PB Ratio is 1.08 as of Jul. 17, 2026, which is 7% above its 10-year median of 1.01. GuruFocus rates SHSE:600076 with a GF Score™ of 48/100 and a GF Value™ of ¥2.60 (Fairly Valued). The stock has 4 warning signs investors should review. Among 271 Forest Products companies, Kangxin New Materials Co ranks worse than 64.21% on this metric.

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. As of today (2026-07-17), Kangxin New Materials Co's share price is ¥2.85. Kangxin New Materials Co's Book Value per Share for the quarter that ended in Mar. 2026 was ¥2.65. Hence, Kangxin New Materials Co's PB Ratio of today is 1.08.

The historical rank and industry rank for Kangxin New Materials Co's PB Ratio or its related term are showing as below:

SHSE:600076' s PB Ratio Range Over the Past 10 Years
Min: 0.42   Med: 1.01   Max: 6.05
Current: 1.08

During the past 13 years, Kangxin New Materials Co's highest PB Ratio was 6.05. The lowest was 0.42. And the median was 1.01.

SHSE:600076's PB Ratio is ranked worse than
64.21% of 271 companies
in the Forest Products industry
Industry Median: 0.8 vs SHSE:600076: 1.08

During the past 12 months, Kangxin New Materials Co's average Book Value Per Share Growth Rate was -10.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -8.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -6.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 0.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Kangxin New Materials Co was 196.10% per year. The lowest was -37.70% per year. And the median was -1.30% per year.

Back to Basics: PB Ratio


Kangxin New Materials Co  (SHSE:600076) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.


Kangxin New Materials Co PB Ratio Related Terms


Kangxin New Materials Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Kangxin New Materials Co's PB Ratio 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.

Kangxin New Materials Co PB Ratio Chart

Kangxin New Materials Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.05 0.84 0.82 0.70 1.25

Kangxin New Materials Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PB Ratio 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 0.71 0.83 0.99 1.25 1.33

SHSE:600076 vs SSD, UFPI, BCC: PB Ratio Comparison

For the Lumber & Wood Production subindustry, Kangxin New Materials 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.


Kangxin New Materials Co PB Ratio vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Kangxin New Materials Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Kangxin New Materials Co's PB Ratio falls into.


SHSE:600076
48GF Score
Kangxin New Materials Co Ltd SHSE:600076
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kangxin New Materials 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.

Kangxin New Materials Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=2.85/2.648
=1.08

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 1.08 mean?
Kangxin New Materials Co (SHSE:600076) has a PB Ratio of 1.08 as of Jul. 17, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Kangxin New Materials Co and its competitors. This is near median its historical median of 1.01. Over the past decade, Kangxin New Materials Co's PB Ratio has ranged from 0.42 to 6.05. According to the industry distribution chart, Kangxin New Materials Co ranks #174 out of 271 companies in the Forest Products industry, placing it in the top 64.2%.
Is Kangxin New Materials Co's PB Ratio too high?
Kangxin New Materials Co's current PB Ratio of 1.08 is near median its 10-year median of 1.01. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 6.05. The Forest Products industry median PB Ratio is 0.80. Kangxin New Materials Co's value of 1.08 is 35% above this industry median. Based on the distribution chart, Kangxin New Materials Co ranks #174 out of 271 companies in the Forest Products industry, which is below the industry midpoint. Overall, Kangxin New Materials Co has a GF Score™ of 48/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kangxin New Materials Co's PB Ratio compare to SSD and UFPI?
According to the Forest Products industry distribution chart, Kangxin New Materials Co ranks #174 out of 271 companies for PB Ratio. This places Kangxin New Materials Co in the lower half of its industry. The industry median PB Ratio is 0.80. Kangxin New Materials Co's value of 1.08 is 35% above this benchmark. Historically, Kangxin New Materials Co's own PB Ratio has ranged from 0.42 to 6.05 over the past decade. While the company's 10-year median is 1.01 vs. the industry median of 0.80, Kangxin New Materials 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 Forest Products company?
The median PB Ratio among Forest Products companies is 0.80, based on 271 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. Kangxin New Materials Co's current PB Ratio of 1.08 is 35% 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 Kangxin New Materials Co and its competitors. For the Forest Products industry, the median PB Ratio is 0.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kangxin New Materials Co's current PB Ratio is 1.08, which is near median its own 10-year median of 1.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kangxin New Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Kangxin New Materials Co (SHSE:600076) is currently considered Fairly Valued. The stock's GF Value™ is ¥2.60, compared to a current price of ¥2.85 — trading 9.6% above its estimated fair value. The current PB Ratio is 1.08, which is near median its 10-year median of 1.01 and 35% above the Forest Products industry median of 0.80. Kangxin New Materials Co's overall GF Score™ is 48/100 with 4 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 Kangxin New Materials Co (SHSE:600076), the current PB Ratio is 1.08 as of Jul. 17, 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 Kangxin New Materials Co (SHSE:600076) Overvalued in 2026?

Based on GuruFocus' analysis, Kangxin New Materials Co stock appears to be overvalued. The current stock price of ¥2.85 is trading 9.6% above its estimated GF Value™ of ¥2.60. GuruFocus considers Kangxin New Materials Co to be Fairly Valued.

Key valuation signals for SHSE:600076:

  • PB Ratio: 1.08 (near median its 10-year median of 1.01)
  • GF Value™: ¥2.60 vs. price of ¥2.85 (9.6% above fair value)
  • GF Score™: 48/100 with 4 warning signs
  • Industry Position: 35% above the Forest Products median (#174 of 271)

No single metric tells the full story. See the SHSE:600076 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kangxin New Materials Co Business Description

Address No. 1, Xinhe Industrial Park Road, Hanchuan Economic Development Zone, Hubei Province, Xiaogan, CHN
Kangxin New Materials Co Ltd engages in the collection, afforestation, processing, and sale of timber products in China. It also designs and produces building structural materials; and produces wood structural housing products. The company's products include COSB composite, multi-layer solid wood, and bamboo and wood composite container flooring products; civil sheets comprise building templates, ordinary COSB boards, environmental protection boards, and COSB boards; and landscape and green seedlings.
48GF Score

Get the complete analysis for SHSE:600076

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

¥2.85
Price
¥2.60
GF Value