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SHSE:600860's PB Ratio is ranked worse than 82.2% of 2977
companies
in the Industrial Products industry
Industry Median: 2.19
vs SHSE:600860: 5.47
During the past 12 months, Beijing Jingcheng Machinery Electric Co's average Book Value Per Share Growth Rate was -23.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -7.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 4.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 3.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Beijing Jingcheng Machinery Electric Co was 35.40% per year. The lowest was -20.80% per year. And the median was 0.50% 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.
Beijing Jingcheng Machinery Electric Co PB Ratio Related Terms
Beijing Jingcheng Machinery Electric 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.
Beijing Jingcheng Machinery Electric Co PB Ratio Chart
Beijing Jingcheng Machinery Electric Co Annual Data
For the Specialty Industrial Machinery subindustry, Beijing Jingcheng Machinery Electric 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.
Beijing Jingcheng Machinery Electric Co PB Ratio vs Industrial Products Industry
Beijing Jingcheng Machinery Electric 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.
Beijing Jingcheng Machinery Electric Co (SHSE:600860) has a PB Ratio of 5.48 as of Aug. 07, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Beijing Jingcheng Machinery Electric Co and its competitors. This is near median its historical median of 5.86. Over the past decade, Beijing Jingcheng Machinery Electric Co's PB Ratio has ranged from 2.77 to 17.69. According to the industry distribution chart, Beijing Jingcheng Machinery Electric Co ranks #2447 out of 2977 companies in the Industrial Products industry, placing it in the top 82.2%.
Is Beijing Jingcheng Machinery Electric Co's PB Ratio too high?
Beijing Jingcheng Machinery Electric Co's current PB Ratio of 5.48 is near median its 10-year median of 5.86. Over the past 10 years, this metric has ranged from a low of 2.77 to a high of 17.69. The Industrial Products industry median PB Ratio is 2.19. Beijing Jingcheng Machinery Electric Co's value of 5.48 is 150.2% above this industry median. Based on the distribution chart, Beijing Jingcheng Machinery Electric Co ranks #2447 out of 2977 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Beijing Jingcheng Machinery Electric Co has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Beijing Jingcheng Machinery Electric Co's PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Beijing Jingcheng Machinery Electric Co ranks #2447 out of 2977 companies for PB Ratio. This places Beijing Jingcheng Machinery Electric Co in the lower half of its industry. The industry median PB Ratio is 2.19. Beijing Jingcheng Machinery Electric Co's value of 5.48 is 150.2% above this benchmark. Historically, Beijing Jingcheng Machinery Electric Co's own PB Ratio has ranged from 2.77 to 17.69 over the past decade. While the company's 10-year median is 5.86 vs. the industry median of 2.19, Beijing Jingcheng Machinery Electric 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 Products company?
The median PB Ratio among Industrial Products companies is 2.19, based on 2,977 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. Beijing Jingcheng Machinery Electric Co's current PB Ratio of 5.48 is 150.2% 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 Beijing Jingcheng Machinery Electric Co and its competitors. For the Industrial Products industry, the median PB Ratio is 2.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Beijing Jingcheng Machinery Electric Co's current PB Ratio is 5.48, which is near median its own 10-year median of 5.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beijing Jingcheng Machinery Electric Co stock overvalued right now?
Based on GuruFocus' analysis, Beijing Jingcheng Machinery Electric Co (SHSE:600860) is currently considered Possible Value Trap. The stock's GF Value™ is ¥12.84, compared to a current price of ¥8.26 — trading 35.7% below its estimated fair value. The current PB Ratio is 5.48, which is near median its 10-year median of 5.86 and 150.2% above the Industrial Products industry median of 2.19. Beijing Jingcheng Machinery Electric Co's overall GF Score™ is 48/100 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 Beijing Jingcheng Machinery Electric Co (SHSE:600860), the current PB Ratio is 5.48 as of Aug. 07, 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 Beijing Jingcheng Machinery Electric Co (SHSE:600860) Overvalued in 2026?
Based on GuruFocus' analysis, Beijing Jingcheng Machinery Electric Co stock appears to be undervalued.
The current stock price of ¥8.26 is trading 35.7% below its estimated GF Value™ of ¥12.84.
GuruFocus considers Beijing Jingcheng Machinery Electric Co to be Possible Value Trap.
Key valuation signals for SHSE:600860:
PB Ratio: 5.48 (near median its 10-year median of 5.86)
GF Value™: ¥12.84 vs. price of ¥8.26 (35.7% below fair value)
Industry Position: 150.2% above the Industrial Products median (#2447 of 2977)
No single metric tells the full story. See the SHSE:600860 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Beijing Jingcheng Machinery Electric Co Ltd is a manufacturer of gas storage and transportation equipment. It offers various services including the development, design, installation, and maintenance of cryogenic containers, compressors; machinery equipment, and electrical equipment. It has two main segments Gas Storage and Transportation Segment and Intelligent Manufacturing Segment. The company's products include seamless cylinders, wrapped composite cylinders, portable oxygen supply units for medical purposes, LNG fuel tanks, cryogenic gas cylinders, bottle and cylinder gasifiers, refueling stations, and systematic solutions among others.
48GF Score
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