Shandong Hualu-hengsheng Chemical Co (SHSE:600426) PB Ratio: 1.70 (As of Aug. 04, 2026) — 22% Below Median

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SHSE:600426 Shandong Hualu-hengsheng Chemical Co Ltd SHSE:600426
95 GF Score
Price ¥21.07
GF Value ¥23.81
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Shandong Hualu-hengsheng Chemical Co PB Ratio?

Shandong Hualu-hengsheng Chemical Co SHSE:600426 -1.91% 95 PB Ratio is 1.70 as of Aug. 04, 2026, which is 22% below its 10-year median of 2.19. GuruFocus rates SHSE:600426 with a GF Score™ of 95/100 and a GF Value™ of ¥23.81 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,577 Chemicals companies, Shandong Hualu-hengsheng Chemical Co ranks worse than 52.12% 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 (2026-08-04), Shandong Hualu-hengsheng Chemical Co's share price is ¥21.07. Shandong Hualu-hengsheng Chemical Co's Book Value per Share for the quarter that ended in Mar. 2026 was ¥12.38. Hence, Shandong Hualu-hengsheng Chemical Co's PB Ratio of today is 1.70.

The historical rank and industry rank for Shandong Hualu-hengsheng Chemical Co's PB Ratio or its related term are showing as below:

SHSE:600426' s PB Ratio Range Over the Past 10 Years
Min: 1.36   Med: 2.19   Max: 5.12
Current: 1.7

During the past 13 years, Shandong Hualu-hengsheng Chemical Co's highest PB Ratio was 5.12. The lowest was 1.36. And the median was 2.19.

SHSE:600426's PB Ratio is ranked worse than
52.12% of 1577 companies
in the Chemicals industry
Industry Median: 1.67 vs SHSE:600426: 1.70

During the past 12 months, Shandong Hualu-hengsheng Chemical Co's average Book Value Per Share Growth Rate was 7.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 7.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 14.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 18.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Shandong Hualu-hengsheng Chemical Co was 39.90% per year. The lowest was 7.10% per year. And the median was 18.40% per year.

Back to Basics: PB Ratio


Shandong Hualu-hengsheng Chemical Co  (SHSE:600426) 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.


Shandong Hualu-hengsheng Chemical Co PB Ratio Related Terms


Shandong Hualu-hengsheng Chemical Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Shandong Hualu-hengsheng Chemical 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.

Shandong Hualu-hengsheng Chemical Co PB Ratio Chart

Shandong Hualu-hengsheng Chemical 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 2.97 2.61 2.03 1.48 2.02

Shandong Hualu-hengsheng Chemical 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 1.48 1.44 1.73 2.02 2.25

SHSE:600426 vs DOW: PB Ratio Comparison

For the Chemicals subindustry, Shandong Hualu-hengsheng Chemical 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.


Shandong Hualu-hengsheng Chemical Co PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shandong Hualu-hengsheng Chemical Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Shandong Hualu-hengsheng Chemical Co's PB Ratio falls into.


SHSE:600426
95GF Score
Shandong Hualu-hengsheng Chemical Co Ltd SHSE:600426
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shandong Hualu-hengsheng Chemical 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.

Shandong Hualu-hengsheng Chemical Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=21.07/12.379
=1.70

* 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 1.70 mean?
Shandong Hualu-hengsheng Chemical Co (SHSE:600426) has a PB Ratio of 1.70 as of Aug. 04, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Shandong Hualu-hengsheng Chemical Co and its competitors. This is 22% below median its historical median of 2.19. Over the past decade, Shandong Hualu-hengsheng Chemical Co's PB Ratio has ranged from 1.36 to 5.12. According to the industry distribution chart, Shandong Hualu-hengsheng Chemical Co ranks #822 out of 1577 companies in the Chemicals industry, placing it in the top 52.1%.
Is Shandong Hualu-hengsheng Chemical Co's PB Ratio too high?
Shandong Hualu-hengsheng Chemical Co's current PB Ratio of 1.70 is 22% below median its 10-year median of 2.19. Over the past 10 years, this metric has ranged from a low of 1.36 to a high of 5.12. The Chemicals industry median PB Ratio is 1.67. Shandong Hualu-hengsheng Chemical Co's value of 1.70 is 1.8% above this industry median. Based on the distribution chart, Shandong Hualu-hengsheng Chemical Co ranks #822 out of 1577 companies in the Chemicals industry, which is below the industry midpoint. Overall, Shandong Hualu-hengsheng Chemical Co has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shandong Hualu-hengsheng Chemical Co's PB Ratio compare to DOW?
According to the Chemicals industry distribution chart, Shandong Hualu-hengsheng Chemical Co ranks #822 out of 1577 companies for PB Ratio. This places Shandong Hualu-hengsheng Chemical Co in the lower half of its industry. The industry median PB Ratio is 1.67. Shandong Hualu-hengsheng Chemical Co's value of 1.70 is 1.8% above this benchmark. Historically, Shandong Hualu-hengsheng Chemical Co's own PB Ratio has ranged from 1.36 to 5.12 over the past decade. While the company's 10-year median is 2.19 vs. the industry median of 1.67, Shandong Hualu-hengsheng Chemical 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 1.67, 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. Shandong Hualu-hengsheng Chemical Co's current PB Ratio of 1.70 is 1.8% 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 Shandong Hualu-hengsheng Chemical Co and its competitors. For the Chemicals industry, the median PB Ratio is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shandong Hualu-hengsheng Chemical Co's current PB Ratio is 1.70, which is 22% below median its own 10-year median of 2.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shandong Hualu-hengsheng Chemical Co stock overvalued right now?
Based on GuruFocus' analysis, Shandong Hualu-hengsheng Chemical Co (SHSE:600426) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥23.81, compared to a current price of ¥21.07 — trading 11.5% below its estimated fair value. The current PB Ratio is 1.70, which is 22% below median its 10-year median of 2.19 and 1.8% above the Chemicals industry median of 1.67. Shandong Hualu-hengsheng Chemical Co's overall GF Score™ is 95/100 with 6 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 Shandong Hualu-hengsheng Chemical Co (SHSE:600426), the current PB Ratio is 1.70 as of Aug. 04, 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 Shandong Hualu-hengsheng Chemical Co (SHSE:600426) Overvalued in 2026?

Based on GuruFocus' analysis, Shandong Hualu-hengsheng Chemical Co stock appears to be undervalued. The current stock price of ¥21.07 is trading 11.5% below its estimated GF Value™ of ¥23.81. GuruFocus considers Shandong Hualu-hengsheng Chemical Co to be Modestly Undervalued.

Key valuation signals for SHSE:600426:

  • PB Ratio: 1.70 (22% below median its 10-year median of 2.19)
  • GF Value™: ¥23.81 vs. price of ¥21.07 (11.5% below fair value)
  • GF Score™: 95/100 with 6 warning signs
  • Industry Position: 1.8% above the Chemicals median (#822 of 1577)

No single metric tells the full story. See the SHSE:600426 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shandong Hualu-hengsheng Chemical Co Business Description

Address No. 24, Tianqu West Road, Shandong Province, Dezhou, CHN, 253024
Shandong Hualu-Hengsheng Chemical Co Ltd is engaged in the production and sale of chemical products and chemical fertilizers, as well as power generation and heating businesses. The company's main products include new energy and new materials related products such as caprolactam, adipic acid, and others, chemical fertilizers such as urea and others, organic amines such as dimethylformamide (DMF), monomethylamine, and others, and acetic acid and derivatives products such as acetic acid, acetic anhydride, and others.
95GF Score

Get the complete analysis for SHSE:600426

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

¥21.07
Price
¥23.81
GF Value