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Shanghai Material Trading CoSHSE:600822 -2.02%49 PB Ratio is 3.29 as of Aug. 04, 2026, which is 43% below its 10-year median of 5.76. GuruFocus rates SHSE:600822 with a GF Score™ of 49/100 and a GF Value™ of ¥5.81 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 547 Conglomerates companies, Shanghai Material Trading Co ranks worse than 85.74% on this metric.
Shanghai Material Trading Co Ltd stock PB Ratio (=3.11) is close to 10-year low of 3.09.
The historical rank and industry rank for Shanghai Material Trading Co's PB Ratio or its related term are showing as below:
SHSE:600822'
s PB Ratio Range Over the Past 10 Years
Min: 3.09 Med: 5.76 Max: 19.85
Current: 3.29
During the past 13 years, Shanghai Material Trading Co's highest PB Ratio was 19.85. The lowest was 3.09. And the median was 5.76.
SHSE:600822's PB Ratio is ranked worse than 85.74% of 547
companies
in the Conglomerates industry
Industry Median: 1.05
vs SHSE:600822: 3.29
During the past 12 months, Shanghai Material Trading Co's average Book Value Per Share Growth Rate was 2.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 6.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 8.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 13.90% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Shanghai Material Trading Co was 46.30% per year. The lowest was -34.20% per year. And the median was 7.30% 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.
Shanghai Material Trading Co PB Ratio Related Terms
Shanghai Material Trading 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 Conglomerates subindustry, Shanghai Material Trading 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.
Shanghai Material Trading Co PB Ratio vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Shanghai Material Trading Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Shanghai Material Trading Co's PB Ratio falls into.
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.
Shanghai Material Trading Co (SHSE:600822) has a PB Ratio of 3.29 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 Shanghai Material Trading Co and its competitors. This is 43% below median its historical median of 5.76. Over the past decade, Shanghai Material Trading Co's PB Ratio has ranged from 3.09 to 19.85. According to the industry distribution chart, Shanghai Material Trading Co ranks #469 out of 547 companies in the Conglomerates industry, placing it in the top 85.7%.
Is Shanghai Material Trading Co's PB Ratio too high?
Shanghai Material Trading Co's current PB Ratio of 3.29 is 43% below median its 10-year median of 5.76. Over the past 10 years, this metric has ranged from a low of 3.09 to a high of 19.85. The Conglomerates industry median PB Ratio is 1.05. Shanghai Material Trading Co's value of 3.29 is 213.3% above this industry median. Based on the distribution chart, Shanghai Material Trading Co ranks #469 out of 547 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Shanghai Material Trading Co has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Material Trading Co's PB Ratio compare to MMM and HON?
According to the Conglomerates industry distribution chart, Shanghai Material Trading Co ranks #469 out of 547 companies for PB Ratio. This places Shanghai Material Trading Co in the lower half of its industry. The industry median PB Ratio is 1.05. Shanghai Material Trading Co's value of 3.29 is 213.3% above this benchmark. Historically, Shanghai Material Trading Co's own PB Ratio has ranged from 3.09 to 19.85 over the past decade. While the company's 10-year median is 5.76 vs. the industry median of 1.05, Shanghai Material Trading 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 Conglomerates company?
The median PB Ratio among Conglomerates companies is 1.05, based on 547 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. Shanghai Material Trading Co's current PB Ratio of 3.29 is 213.3% 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 Shanghai Material Trading Co and its competitors. For the Conglomerates industry, the median PB Ratio is 1.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Material Trading Co's current PB Ratio is 3.29, which is 43% below median its own 10-year median of 5.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Material Trading Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Material Trading Co (SHSE:600822) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥5.81, compared to a current price of ¥8.23 — trading 41.7% above its estimated fair value. The current PB Ratio is 3.29, which is 43% below median its 10-year median of 5.76 and 213.3% above the Conglomerates industry median of 1.05. Shanghai Material Trading Co's overall GF Score™ is 49/100 with 1 warning sign 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 Shanghai Material Trading Co (SHSE:600822), the current PB Ratio is 3.29 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 Shanghai Material Trading Co (SHSE:600822) Overvalued in 2026?
Based on GuruFocus' analysis, Shanghai Material Trading Co stock appears to be overvalued.
The current stock price of ¥8.23 is trading 41.7% above its estimated GF Value™ of ¥5.81.
GuruFocus considers Shanghai Material Trading Co to be Significantly Overvalued.
Key valuation signals for SHSE:600822:
PB Ratio: 3.29 (43% below median its 10-year median of 5.76)
GF Value™: ¥5.81 vs. price of ¥8.23 (41.7% above fair value)
Industry Position: 213.3% above the Conglomerates median (#469 of 547)
No single metric tells the full story. See the SHSE:600822 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanghai Material Trading Co Ltd is principally engaged in the trading of metal, oil products and automobiles. The company operates its businesses in domestic and overseas markets. Its scopr of business include metal materials, mineral products, light chemical raw materials, building materials, wood, automobiles and accessories, mechanical and electrical equipment, fuel, hardware and electricity, textile Import and export trade business; warehousing, information consulting and technical services.
49GF Score
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