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The historical rank and industry rank for Shanxi Huayang New Material Co's PB Ratio or its related term are showing as below:
SHSE:600281'
s PB Ratio Range Over the Past 10 Years
Min: 3.22 Med: 5.9 Max: 61.93
Current: 34.68
During the past 13 years, Shanxi Huayang New Material Co's highest PB Ratio was 61.93. The lowest was 3.22. And the median was 5.90.
SHSE:600281's PB Ratio is ranked worse than 99.18% of 1577
companies
in the Chemicals industry
Industry Median: 1.63
vs SHSE:600281: 34.68
During the past 12 months, Shanxi Huayang New Material Co's average Book Value Per Share Growth Rate was -65.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -49.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -40.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -18.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Shanxi Huayang New Material Co was 61.60% per year. The lowest was -49.90% per year. And the median was -3.80% per year.
Back to Basics: PB Ratio
Shanxi Huayang New Material Co (SHSE:600281) 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.
Shanxi Huayang New Material Co PB Ratio Related Terms
Shanxi Huayang New Material 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.
For the Chemicals subindustry, Shanxi Huayang New Material 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.
Shanxi Huayang New Material Co PB Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Shanxi Huayang New Material Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Shanxi Huayang New Material Co's PB Ratio falls into.
Shanxi Huayang New Material 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.
Shanxi Huayang New Material Co (SHSE:600281) has a PB Ratio of 34.68 as of Jul. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Shanxi Huayang New Material Co and its competitors. This is 488% above median its historical median of 5.90. Over the past decade, Shanxi Huayang New Material Co's PB Ratio has ranged from 3.22 to 61.93. According to the industry distribution chart, Shanxi Huayang New Material Co ranks #1564 out of 1577 companies in the Chemicals industry, placing it in the top 99.2%.
Is Shanxi Huayang New Material Co's PB Ratio too high?
Shanxi Huayang New Material Co's current PB Ratio of 34.68 is 488% above median its 10-year median of 5.90. Over the past 10 years, this metric has ranged from a low of 3.22 to a high of 61.93. The Chemicals industry median PB Ratio is 1.63. Shanxi Huayang New Material Co's value of 34.68 is 2027.6% above this industry median. Based on the distribution chart, Shanxi Huayang New Material Co ranks #1564 out of 1577 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Shanxi Huayang New Material Co has a GF Score™ of 32/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shanxi Huayang New Material Co's PB Ratio compare to DOW?
According to the Chemicals industry distribution chart, Shanxi Huayang New Material Co ranks #1564 out of 1577 companies for PB Ratio. This places Shanxi Huayang New Material Co in the lower half of its industry. The industry median PB Ratio is 1.63. Shanxi Huayang New Material Co's value of 34.68 is 2027.6% above this benchmark. Historically, Shanxi Huayang New Material Co's own PB Ratio has ranged from 3.22 to 61.93 over the past decade. While the company's 10-year median is 5.90 vs. the industry median of 1.63, Shanxi Huayang New Material 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 Chemicals company?
The median PB Ratio among Chemicals companies is 1.63, based on 1,577 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. Shanxi Huayang New Material Co's current PB Ratio of 34.68 is 2027.6% 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 Shanxi Huayang New Material Co and its competitors. For the Chemicals industry, the median PB Ratio is 1.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanxi Huayang New Material Co's current PB Ratio is 34.68, which is 488% above median its own 10-year median of 5.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanxi Huayang New Material Co stock overvalued right now?
Based on GuruFocus' analysis, Shanxi Huayang New Material Co (SHSE:600281) is currently considered Possible Value Trap. The stock's GF Value™ is ¥6.71, compared to a current price of ¥3.78 — trading 43.7% below its estimated fair value. The current PB Ratio is 34.68, which is 488% above median its 10-year median of 5.90 and 2027.6% above the Chemicals industry median of 1.63. Shanxi Huayang New Material Co's overall GF Score™ is 32/100 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 Shanxi Huayang New Material Co (SHSE:600281), the current PB Ratio is 34.68 as of Jul. 26, 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 Shanxi Huayang New Material Co (SHSE:600281) Overvalued in 2026?
Based on GuruFocus' analysis, Shanxi Huayang New Material Co stock appears to be undervalued.
The current stock price of ¥3.78 is trading 43.7% below its estimated GF Value™ of ¥6.71.
GuruFocus considers Shanxi Huayang New Material Co to be Possible Value Trap.
Key valuation signals for SHSE:600281:
PB Ratio: 34.68 (488% above median its 10-year median of 5.90)
GF Value™: ¥6.71 vs. price of ¥3.78 (43.7% below fair value)
Industry Position: 2027.6% above the Chemicals median (#1564 of 1577)
No single metric tells the full story. See the SHSE:600281 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanxi Huayang New Material Co Business Description
Shanxi Huayang New Material Co Ltd Taiyuan Chemical Industry Co Ltd is engaged in the research, production, and sale of chemical products. Its main products are deep coke processing products, chemical fertilizers, coal tar processing products, and biochemical products.
32GF Score
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