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Nanjing Chemical Fibre CoSHSE:600889 -4.64%45 PB Ratio is 6.66 as of Jul. 26, 2026, which is 262% above its 10-year median of 1.84. GuruFocus rates SHSE:600889 with a GF Score™ of 45/100 and a GF Value™ of ¥5.76 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,577 Chemicals companies, Nanjing Chemical Fibre Co ranks worse than 91.76% on this metric.
Nanjing Chemical Fibre Co Ltd stock PB Ratio (=6.66) is close to 1-year low of 6.66.
The historical rank and industry rank for Nanjing Chemical Fibre Co's PB Ratio or its related term are showing as below:
SHSE:600889'
s PB Ratio Range Over the Past 10 Years
Min: 1.01 Med: 1.84 Max: 20.26
Current: 6.66
During the past 13 years, Nanjing Chemical Fibre Co's highest PB Ratio was 20.26. The lowest was 1.01. And the median was 1.84.
SHSE:600889's PB Ratio is ranked worse than 91.76% of 1577
companies
in the Chemicals industry
Industry Median: 1.63
vs SHSE:600889: 6.66
During the past 12 months, Nanjing Chemical Fibre Co's average Book Value Per Share Growth Rate was 98.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -32.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -26.30% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -13.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Nanjing Chemical Fibre Co was 33.50% per year. The lowest was -32.50% per year. And the median was 2.85% per year.
Back to Basics: PB Ratio
Nanjing Chemical Fibre Co (SHSE:600889) PB Ratio Explanation
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.
Nanjing Chemical Fibre Co PB Ratio Related Terms
Nanjing Chemical Fibre 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 Chemicals subindustry, Nanjing Chemical Fibre 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.
Nanjing Chemical Fibre Co PB Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Nanjing Chemical Fibre Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Nanjing Chemical Fibre 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.
Nanjing Chemical Fibre Co (SHSE:600889) has a PB Ratio of 6.66 as of Jul. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Nanjing Chemical Fibre Co and its competitors. This is 262% above median its historical median of 1.84. Over the past decade, Nanjing Chemical Fibre Co's PB Ratio has ranged from 1.01 to 20.26. According to the industry distribution chart, Nanjing Chemical Fibre Co ranks #1447 out of 1577 companies in the Chemicals industry, placing it in the top 91.8%.
Is Nanjing Chemical Fibre Co's PB Ratio too high?
Nanjing Chemical Fibre Co's current PB Ratio of 6.66 is 262% above median its 10-year median of 1.84. Over the past 10 years, this metric has ranged from a low of 1.01 to a high of 20.26. The Chemicals industry median PB Ratio is 1.63. Nanjing Chemical Fibre Co's value of 6.66 is 308.6% above this industry median. Based on the distribution chart, Nanjing Chemical Fibre Co ranks #1447 out of 1577 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Nanjing Chemical Fibre Co has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nanjing Chemical Fibre Co's PB Ratio compare to DOW?
According to the Chemicals industry distribution chart, Nanjing Chemical Fibre Co ranks #1447 out of 1577 companies for PB Ratio. This places Nanjing Chemical Fibre Co in the lower half of its industry. The industry median PB Ratio is 1.63. Nanjing Chemical Fibre Co's value of 6.66 is 308.6% above this benchmark. Historically, Nanjing Chemical Fibre Co's own PB Ratio has ranged from 1.01 to 20.26 over the past decade. While the company's 10-year median is 1.84 vs. the industry median of 1.63, Nanjing Chemical Fibre 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 1.63, 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. Nanjing Chemical Fibre Co's current PB Ratio of 6.66 is 308.6% 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 Nanjing Chemical Fibre Co and its competitors. For the Chemicals industry, the median PB Ratio is 1.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nanjing Chemical Fibre Co's current PB Ratio is 6.66, which is 262% above median its own 10-year median of 1.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nanjing Chemical Fibre Co stock overvalued right now?
Based on GuruFocus' analysis, Nanjing Chemical Fibre Co (SHSE:600889) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥5.76, compared to a current price of ¥13.35 — trading 131.8% above its estimated fair value. The current PB Ratio is 6.66, which is 262% above median its 10-year median of 1.84 and 308.6% above the Chemicals industry median of 1.63. Nanjing Chemical Fibre Co's overall GF Score™ is 45/100 with 5 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 Nanjing Chemical Fibre Co (SHSE:600889), the current PB Ratio is 6.66 as of Jul. 26, 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 Nanjing Chemical Fibre Co (SHSE:600889) Overvalued in 2026?
Based on GuruFocus' analysis, Nanjing Chemical Fibre Co stock appears to be overvalued.
The current stock price of ¥13.35 is trading 131.8% above its estimated GF Value™ of ¥5.76.
GuruFocus considers Nanjing Chemical Fibre Co to be Significantly Overvalued.
Key valuation signals for SHSE:600889:
PB Ratio: 6.66 (262% above median its 10-year median of 1.84)
GF Value™: ¥5.76 vs. price of ¥13.35 (131.8% above fair value)
Industry Position: 308.6% above the Chemicals median (#1447 of 1577)
No single metric tells the full story. See the SHSE:600889 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nanjing Chemical Fibre Co Ltd is a China-based company mainly engaged in the production and operation of viscose fiber and tap water. The company produces Jinling brand viscose fiber which is sold in China and exported to South Korea, Japan, Vietnam, Europe and the United States. Its water plant is located at Yanziji, Qixia District, Nanjing, and has a water supply capacity of approx. 150,000 tons/day. The company provides tap water service to enterprises in the economic and technological development zone and its surrounding factories and residential quarters.
45GF Score
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