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What is Shandong Hiking International Co PB Ratio?
Shandong Hiking International CoSHSE:600735 +1.49%63 PB Ratio is 2.46 as of Aug. 02, 2026, which is 5% above its 10-year median of 2.34. GuruFocus rates SHSE:600735 with a GF Score™ of 63/100 and a GF Value™ of ¥3.82 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 156 Industrial Distribution companies, Shandong Hiking International Co ranks worse than 75.64% on this metric.
SHSE:600735'
s PB Ratio Range Over the Past 10 Years
Min: 1.1 Med: 2.34 Max: 10.49
Current: 2.46
During the past 13 years, Shandong Hiking International Co's highest PB Ratio was 10.49. The lowest was 1.10. And the median was 2.34.
SHSE:600735's PB Ratio is ranked worse than 75.64% of 156
companies
in the Industrial Distribution industry
Industry Median: 1.11
vs SHSE:600735: 2.46
During the past 12 months, Shandong Hiking International Co's average Book Value Per Share Growth Rate was -12.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -9.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 0.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 4.20% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Shandong Hiking International Co was 72.50% per year. The lowest was -41.50% per year. And the median was 8.55% per year.
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 Hiking International Co PB Ratio Related Terms
Shandong Hiking International 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.
SHSE:600735 vs GWW, FAST, FERG: PB Ratio Comparison
For the Industrial Distribution subindustry, Shandong Hiking International 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 Hiking International Co PB Ratio vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Shandong Hiking International Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Shandong Hiking International Co's PB Ratio falls into.
Shandong Hiking International 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.
Shandong Hiking International Co (SHSE:600735) has a PB Ratio of 2.46 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 Shandong Hiking International Co and its competitors. This is near median its historical median of 2.34. Over the past decade, Shandong Hiking International Co's PB Ratio has ranged from 1.10 to 10.49. According to the industry distribution chart, Shandong Hiking International Co ranks #118 out of 156 companies in the Industrial Distribution industry, placing it in the top 75.6%.
Is Shandong Hiking International Co's PB Ratio too high?
Shandong Hiking International Co's current PB Ratio of 2.46 is near median its 10-year median of 2.34. Over the past 10 years, this metric has ranged from a low of 1.10 to a high of 10.49. The Industrial Distribution industry median PB Ratio is 1.11. Shandong Hiking International Co's value of 2.46 is 121.6% above this industry median. Based on the distribution chart, Shandong Hiking International Co ranks #118 out of 156 companies in the Industrial Distribution industry, which is in the bottom quartile relative to peers. Overall, Shandong Hiking International Co has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shandong Hiking International Co's PB Ratio compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Shandong Hiking International Co ranks #118 out of 156 companies for PB Ratio. This places Shandong Hiking International Co in the lower half of its industry. The industry median PB Ratio is 1.11. Shandong Hiking International Co's value of 2.46 is 121.6% above this benchmark. Historically, Shandong Hiking International Co's own PB Ratio has ranged from 1.10 to 10.49 over the past decade. While the company's 10-year median is 2.34 vs. the industry median of 1.11, Shandong Hiking International 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 an Industrial Distribution company?
The median PB Ratio among Industrial Distribution companies is 1.11, based on 156 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 Hiking International Co's current PB Ratio of 2.46 is 121.6% 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 Shandong Hiking International Co and its competitors. For the Industrial Distribution industry, the median PB Ratio is 1.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shandong Hiking International Co's current PB Ratio is 2.46, which is near median its own 10-year median of 2.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shandong Hiking International Co stock overvalued right now?
Based on GuruFocus' analysis, Shandong Hiking International Co (SHSE:600735) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥3.82, compared to a current price of ¥6.13 — trading 60.5% above its estimated fair value. The current PB Ratio is 2.46, which is near median its 10-year median of 2.34 and 121.6% above the Industrial Distribution industry median of 1.11. Shandong Hiking International Co's overall GF Score™ is 63/100 with 2 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 Hiking International Co (SHSE:600735), the current PB Ratio is 2.46 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 Shandong Hiking International Co (SHSE:600735) Overvalued in 2026?
Based on GuruFocus' analysis, Shandong Hiking International Co stock appears to be overvalued.
The current stock price of ¥6.13 is trading 60.5% above its estimated GF Value™ of ¥3.82.
GuruFocus considers Shandong Hiking International Co to be Significantly Overvalued.
Key valuation signals for SHSE:600735:
PB Ratio: 2.46 (near median its 10-year median of 2.34)
GF Value™: ¥3.82 vs. price of ¥6.13 (60.5% above fair value)
Industry Position: 121.6% above the Industrial Distribution median (#118 of 156)
No single metric tells the full story. See the SHSE:600735 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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