Wolong New Energy Group Co (SHSE:600173) PB Ratio: 1.20 (As of Aug. 02, 2026) — Near Median

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SHSE:600173 Wolong New Energy Group Co Ltd SHSE:600173
55 GF Score
Price ¥6.14
GF Value ¥2.71
Valuation Significantly Overvalued
! 10 Warning Signs
View Full Analysis

What is Wolong New Energy Group Co PB Ratio?

Wolong New Energy Group Co SHSE:600173 -0.49% 55 PB Ratio is 1.20 as of Aug. 02, 2026, which is 1% below its 10-year median of 1.21. GuruFocus rates SHSE:600173 with a GF Score™ of 55/100 and a GF Value™ of ¥2.71 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 1,711 Real Estate companies, Wolong New Energy Group Co ranks worse than 66.74% 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 (2026-08-02), Wolong New Energy Group Co's share price is ¥6.14. Wolong New Energy Group Co's Book Value per Share for the quarter that ended in Mar. 2026 was ¥5.11. Hence, Wolong New Energy Group Co's PB Ratio of today is 1.20.

Good Sign:

Wolong New Energy Group Co Ltd stock PB Ratio (=1.16) is close to 1-year low of 1.1.

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

SHSE:600173' s PB Ratio Range Over the Past 10 Years
Min: 0.59   Med: 1.21   Max: 5.03
Current: 1.2

During the past 13 years, Wolong New Energy Group Co's highest PB Ratio was 5.03. The lowest was 0.59. And the median was 1.21.

SHSE:600173's PB Ratio is ranked worse than
66.74% of 1711 companies
in the Real Estate industry
Industry Median: 0.81 vs SHSE:600173: 1.20

During the past 12 months, Wolong New Energy Group Co's average Book Value Per Share Growth Rate was -5.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -1.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 3.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 11.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Wolong New Energy Group Co was 44.60% per year. The lowest was -18.30% per year. And the median was 6.20% per year.

Back to Basics: PB Ratio


Wolong New Energy Group Co  (SHSE:600173) 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.


Wolong New Energy Group Co PB Ratio Related Terms


Wolong New Energy Group Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Wolong New Energy Group 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.

Wolong New Energy Group Co PB Ratio Chart

Wolong New Energy Group 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 1.28 0.98 0.92 0.62 1.40

Wolong New Energy Group 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 1.27 1.07 1.63 1.40 1.42

Wolong New Energy Group Co PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, Wolong New Energy Group 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.


Wolong New Energy Group Co PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Wolong New Energy Group Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Wolong New Energy Group Co's PB Ratio falls into.


SHSE:600173
55GF Score
Wolong New Energy Group Co Ltd SHSE:600173
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wolong New Energy Group 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.

Wolong New Energy Group Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=6.14/5.105
=1.20

* 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 1.20 mean?
Wolong New Energy Group Co (SHSE:600173) has a PB Ratio of 1.20 as of Aug. 02, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Wolong New Energy Group Co and its competitors. This is near median its historical median of 1.21. Over the past decade, Wolong New Energy Group Co's PB Ratio has ranged from 0.59 to 5.03. According to the industry distribution chart, Wolong New Energy Group Co ranks #1142 out of 1711 companies in the Real Estate industry, placing it in the top 66.7%.
Is Wolong New Energy Group Co's PB Ratio too high?
Wolong New Energy Group Co's current PB Ratio of 1.20 is near median its 10-year median of 1.21. Over the past 10 years, this metric has ranged from a low of 0.59 to a high of 5.03. The Real Estate industry median PB Ratio is 0.81. Wolong New Energy Group Co's value of 1.20 is 48.1% above this industry median. Based on the distribution chart, Wolong New Energy Group Co ranks #1142 out of 1711 companies in the Real Estate industry, which is below the industry midpoint. Overall, Wolong New Energy Group Co has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wolong New Energy Group Co's PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Wolong New Energy Group Co ranks #1142 out of 1711 companies for PB Ratio. This places Wolong New Energy Group Co in the lower half of its industry. The industry median PB Ratio is 0.81. Wolong New Energy Group Co's value of 1.20 is 48.1% above this benchmark. Historically, Wolong New Energy Group Co's own PB Ratio has ranged from 0.59 to 5.03 over the past decade. While the company's 10-year median is 1.21 vs. the industry median of 0.81, Wolong New Energy Group 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 Real Estate company?
The median PB Ratio among Real Estate companies is 0.81, based on 1,711 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. Wolong New Energy Group Co's current PB Ratio of 1.20 is 48.1% 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 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 Wolong New Energy Group Co and its competitors. For the Real Estate industry, the median PB Ratio is 0.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wolong New Energy Group Co's current PB Ratio is 1.20, which is near median its own 10-year median of 1.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wolong New Energy Group Co stock overvalued right now?
Based on GuruFocus' analysis, Wolong New Energy Group Co (SHSE:600173) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥2.71, compared to a current price of ¥6.14 — trading 126.6% above its estimated fair value. The current PB Ratio is 1.20, which is near median its 10-year median of 1.21 and 48.1% above the Real Estate industry median of 0.81. Wolong New Energy Group Co's overall GF Score™ is 55/100 with 10 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 Wolong New Energy Group Co (SHSE:600173), the current PB Ratio is 1.20 as of Aug. 02, 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 Wolong New Energy Group Co (SHSE:600173) Overvalued in 2026?

Based on GuruFocus' analysis, Wolong New Energy Group Co stock appears to be overvalued. The current stock price of ¥6.14 is trading 126.6% above its estimated GF Value™ of ¥2.71. GuruFocus considers Wolong New Energy Group Co to be Significantly Overvalued.

Key valuation signals for SHSE:600173:

  • PB Ratio: 1.20 (near median its 10-year median of 1.21)
  • GF Value™: ¥2.71 vs. price of ¥6.14 (126.6% above fair value)
  • GF Score™: 55/100 with 10 warning signs
  • Industry Position: 48.1% above the Real Estate median (#1142 of 1711)

No single metric tells the full story. See the SHSE:600173 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wolong New Energy Group Co Business Description

Address No. 555, Fuxing West Road, Cao\'e Street, Shangyu District, Zhejiang Province, Shaoxing, CHN, 312300
Wolong New Energy Group Co Ltd is engaged in the development and operation of real estate in China.
55GF Score

Get the complete analysis for SHSE:600173

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

¥6.14
Price
¥2.71
GF Value