Tongyi Carbon Neutral Energy (Xinjiang) Co (SHSE:600506) PB Ratio: 7.02 (As of Aug. 03, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:600506 Tongyi Carbon Neutral Energy (Xinjiang) Co Ltd SHSE:600506
65 GF Score
Price ¥14.26
GF Value ¥14.07
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Tongyi Carbon Neutral Energy (Xinjiang) Co PB Ratio?

Tongyi Carbon Neutral Energy (Xinjiang) Co SHSE:600506 +0.85% 65 PB Ratio is 7.02 as of Aug. 03, 2026, which is 7% above its 10-year median of 6.54. GuruFocus rates SHSE:600506 with a GF Score™ of 65/100 and a GF Value™ of ¥14.07 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,898 Consumer Packaged Goods companies, Tongyi Carbon Neutral Energy (Xinjiang) Co ranks worse than 93.05% 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 (2026-08-03), Tongyi Carbon Neutral Energy (Xinjiang) Co's share price is ¥14.26. Tongyi Carbon Neutral Energy (Xinjiang) Co's Book Value per Share for the quarter that ended in Mar. 2026 was ¥2.03. Hence, Tongyi Carbon Neutral Energy (Xinjiang) Co's PB Ratio of today is 7.02.

Good Sign:

Tongyi Carbon Neutral Energy (Xinjiang) Co Ltd stock PB Ratio (=6.71) is close to 1-year low of 6.59.

The historical rank and industry rank for Tongyi Carbon Neutral Energy (Xinjiang) Co's PB Ratio or its related term are showing as below:

SHSE:600506' s PB Ratio Range Over the Past 10 Years
Min: 3.48   Med: 6.54   Max: 21.27
Current: 7.02

During the past 13 years, Tongyi Carbon Neutral Energy (Xinjiang) Co's highest PB Ratio was 21.27. The lowest was 3.48. And the median was 6.54.

SHSE:600506's PB Ratio is ranked worse than
93.05% of 1898 companies
in the Consumer Packaged Goods industry
Industry Median: 1.37 vs SHSE:600506: 7.02

During the past 12 months, Tongyi Carbon Neutral Energy (Xinjiang) Co's average Book Value Per Share Growth Rate was 4.50% per year. During the past 3 years, the 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 5.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 2.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Tongyi Carbon Neutral Energy (Xinjiang) Co was 23.90% per year. The lowest was -11.00% per year. And the median was 0.40% per year.

Back to Basics: PB Ratio


Tongyi Carbon Neutral Energy (Xinjiang) Co  (SHSE:600506) 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.


Tongyi Carbon Neutral Energy (Xinjiang) Co PB Ratio Related Terms


Tongyi Carbon Neutral Energy (Xinjiang) Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Tongyi Carbon Neutral Energy (Xinjiang) 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.

Tongyi Carbon Neutral Energy (Xinjiang) Co PB Ratio Chart

Tongyi Carbon Neutral Energy (Xinjiang) 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 6.82 5.19 8.70 8.91 11.35

Tongyi Carbon Neutral Energy (Xinjiang) 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 7.47 8.17 7.76 11.35 8.26

SHSE:600506 vs ADM, BG, TSN: PB Ratio Comparison

For the Farm Products subindustry, Tongyi Carbon Neutral Energy (Xinjiang) 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.


Tongyi Carbon Neutral Energy (Xinjiang) Co PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tongyi Carbon Neutral Energy (Xinjiang) Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Tongyi Carbon Neutral Energy (Xinjiang) Co's PB Ratio falls into.


SHSE:600506
65GF Score
Tongyi Carbon Neutral Energy (Xinjiang) Co Ltd SHSE:600506
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tongyi Carbon Neutral Energy (Xinjiang) 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.

Tongyi Carbon Neutral Energy (Xinjiang) Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=14.26/2.03
=7.02

* 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 7.02 mean?
Tongyi Carbon Neutral Energy (Xinjiang) Co (SHSE:600506) has a PB Ratio of 7.02 as of Aug. 03, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Tongyi Carbon Neutral Energy (Xinjiang) Co and its competitors. This is near median its historical median of 6.54. Over the past decade, Tongyi Carbon Neutral Energy (Xinjiang) Co's PB Ratio has ranged from 3.48 to 21.27. According to the industry distribution chart, Tongyi Carbon Neutral Energy (Xinjiang) Co ranks #1766 out of 1898 companies in the Consumer Packaged Goods industry, placing it in the top 93%.
Is Tongyi Carbon Neutral Energy (Xinjiang) Co's PB Ratio too high?
Tongyi Carbon Neutral Energy (Xinjiang) Co's current PB Ratio of 7.02 is near median its 10-year median of 6.54. Over the past 10 years, this metric has ranged from a low of 3.48 to a high of 21.27. The Consumer Packaged Goods industry median PB Ratio is 1.37. Tongyi Carbon Neutral Energy (Xinjiang) Co's value of 7.02 is 412.4% above this industry median. Based on the distribution chart, Tongyi Carbon Neutral Energy (Xinjiang) Co ranks #1766 out of 1898 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Tongyi Carbon Neutral Energy (Xinjiang) Co has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tongyi Carbon Neutral Energy (Xinjiang) Co's PB Ratio compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Tongyi Carbon Neutral Energy (Xinjiang) Co ranks #1766 out of 1898 companies for PB Ratio. This places Tongyi Carbon Neutral Energy (Xinjiang) Co in the lower half of its industry. The industry median PB Ratio is 1.37. Tongyi Carbon Neutral Energy (Xinjiang) Co's value of 7.02 is 412.4% above this benchmark. Historically, Tongyi Carbon Neutral Energy (Xinjiang) Co's own PB Ratio has ranged from 3.48 to 21.27 over the past decade. While the company's 10-year median is 6.54 vs. the industry median of 1.37, Tongyi Carbon Neutral Energy (Xinjiang) 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 Consumer Packaged Goods company?
The median PB Ratio among Consumer Packaged Goods companies is 1.37, based on 1,898 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. Tongyi Carbon Neutral Energy (Xinjiang) Co's current PB Ratio of 7.02 is 412.4% 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 Tongyi Carbon Neutral Energy (Xinjiang) Co and its competitors. For the Consumer Packaged Goods industry, the median PB Ratio is 1.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tongyi Carbon Neutral Energy (Xinjiang) Co's current PB Ratio is 7.02, which is near median its own 10-year median of 6.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tongyi Carbon Neutral Energy (Xinjiang) Co stock overvalued right now?
Based on GuruFocus' analysis, Tongyi Carbon Neutral Energy (Xinjiang) Co (SHSE:600506) is currently considered Fairly Valued. The stock's GF Value™ is ¥14.07, compared to a current price of ¥14.26 — trading 1.4% above its estimated fair value. The current PB Ratio is 7.02, which is near median its 10-year median of 6.54 and 412.4% above the Consumer Packaged Goods industry median of 1.37. Tongyi Carbon Neutral Energy (Xinjiang) Co's overall GF Score™ is 65/100 with 3 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 Tongyi Carbon Neutral Energy (Xinjiang) Co (SHSE:600506), the current PB Ratio is 7.02 as of Aug. 03, 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 Tongyi Carbon Neutral Energy (Xinjiang) Co (SHSE:600506) Overvalued in 2026?

Based on GuruFocus' analysis, Tongyi Carbon Neutral Energy (Xinjiang) Co stock appears to be overvalued. The current stock price of ¥14.26 is trading 1.4% above its estimated GF Value™ of ¥14.07. GuruFocus considers Tongyi Carbon Neutral Energy (Xinjiang) Co to be Fairly Valued.

Key valuation signals for SHSE:600506:

  • PB Ratio: 7.02 (near median its 10-year median of 6.54)
  • GF Value™: ¥14.07 vs. price of ¥14.26 (1.4% above fair value)
  • GF Score™: 65/100 with 3 warning signs
  • Industry Position: 412.4% above the Consumer Packaged Goods median (#1766 of 1898)

No single metric tells the full story. See the SHSE:600506 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tongyi Carbon Neutral Energy (Xinjiang) Co Business Description

Address No. 30, Intersection of Shihua Avenue and Shengguo Road, 15th Floor, Building C, Furunde Building, Bayingolin Mongol Autonomous Prefecture, Xinjiang Uygur Autonomous Region, Korla, CHN, 841000
Tongyi Carbon Neutral Energy (Xinjiang) Co Ltd is in the business of researching, developing, producing, and sales of lubricating greases. Depending on their application, the company's products include Traditional lubricating oils and liquid cooling and specialty greases for the new energy industry, namely those for transportation, industrial manufacturing and power, construction machinery, and mining. The company provides liquid cooling and specialty grease products to customers in industries such as power piles, renewable energy, and energy storage.
65GF Score

Get the complete analysis for SHSE:600506

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

¥14.26
Price
¥14.07
GF Value