Shanghai Baolong Automotive (SHSE:603197) PB Ratio: 1.99 (As of Aug. 15, 2026) — 45% Below Median

Author: Vera Yuan Vera Yuan
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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.
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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:603197 Shanghai Baolong Automotive Corp SHSE:603197
79 GF Score
Price ¥30.40
GF Value ¥54.99
Valuation Possible Value Trap
! 8 Warning Signs
View Full Analysis

What is Shanghai Baolong Automotive PB Ratio?

Shanghai Baolong Automotive SHSE:603197 -0.56% 79 PB Ratio is 1.99 as of Aug. 15, 2026, which is 45% below its 10-year median of 3.62. GuruFocus rates SHSE:603197 with a GF Score™ of 79/100 and a GF Value™ of ¥54.99 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 1,295 Vehicles & Parts companies, Shanghai Baolong Automotive ranks worse than 62.78% 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 (2026-08-15), Shanghai Baolong Automotive's share price is ¥30.40. Shanghai Baolong Automotive's Book Value per Share for the quarter that ended in Mar. 2026 was ¥15.29. Hence, Shanghai Baolong Automotive's PB Ratio of today is 1.99.

Good Sign:

Shanghai Baolong Automotive Corp stock PB Ratio (=1.96) is close to 10-year low of 1.77.

The historical rank and industry rank for Shanghai Baolong Automotive's PB Ratio or its related term are showing as below:

SHSE:603197' s PB Ratio Range Over the Past 10 Years
Min: 1.77   Med: 3.62   Max: 9.81
Current: 1.99

During the past 13 years, Shanghai Baolong Automotive's highest PB Ratio was 9.81. The lowest was 1.77. And the median was 3.62.

SHSE:603197's PB Ratio is ranked worse than
62.78% of 1295 companies
in the Vehicles & Parts industry
Industry Median: 1.42 vs SHSE:603197: 1.99

During the past 12 months, Shanghai Baolong Automotive's average Book Value Per Share Growth Rate was -3.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 8.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 15.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 14.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Shanghai Baolong Automotive was 38.60% per year. The lowest was -4.30% per year. And the median was 16.80% per year.

Back to Basics: PB Ratio


Shanghai Baolong Automotive  (SHSE:603197) 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.


Shanghai Baolong Automotive PB Ratio Related Terms


Shanghai Baolong Automotive PB Ratio Historical Data

* Premium members only.

The historical data trend for Shanghai Baolong Automotive'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.

Shanghai Baolong Automotive PB Ratio Chart

Shanghai Baolong Automotive 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 5.52 3.95 4.05 2.50 2.43

Shanghai Baolong Automotive 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 2.77 2.51 2.92 2.43 2.09

SHSE:603197 vs ORLY, AZO: PB Ratio Comparison

For the Auto Parts subindustry, Shanghai Baolong Automotive'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 Baolong Automotive PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Shanghai Baolong Automotive's PB Ratio distribution charts can be found below:

* The bar in red indicates where Shanghai Baolong Automotive's PB Ratio falls into.


SHSE:603197
79GF Score
Shanghai Baolong Automotive Corp SHSE:603197
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shanghai Baolong Automotive 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.

Shanghai Baolong Automotive's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=30.40/15.292
=1.99

* 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 1.99 mean?
Shanghai Baolong Automotive (SHSE:603197) has a PB Ratio of 1.99 as of Aug. 15, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Shanghai Baolong Automotive and its competitors. This is 45% below median its historical median of 3.62. Over the past decade, Shanghai Baolong Automotive's PB Ratio has ranged from 1.77 to 9.81. According to the industry distribution chart, Shanghai Baolong Automotive ranks #813 out of 1295 companies in the Vehicles & Parts industry, placing it in the top 62.8%.
Is Shanghai Baolong Automotive's PB Ratio too high?
Shanghai Baolong Automotive's current PB Ratio of 1.99 is 45% below median its 10-year median of 3.62. Over the past 10 years, this metric has ranged from a low of 1.77 to a high of 9.81. The Vehicles & Parts industry median PB Ratio is 1.42. Shanghai Baolong Automotive's value of 1.99 is 40.1% above this industry median. Based on the distribution chart, Shanghai Baolong Automotive ranks #813 out of 1295 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Shanghai Baolong Automotive has a GF Score™ of 79/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shanghai Baolong Automotive's PB Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Shanghai Baolong Automotive ranks #813 out of 1295 companies for PB Ratio. This places Shanghai Baolong Automotive in the lower half of its industry. The industry median PB Ratio is 1.42. Shanghai Baolong Automotive's value of 1.99 is 40.1% above this benchmark. Historically, Shanghai Baolong Automotive's own PB Ratio has ranged from 1.77 to 9.81 over the past decade. While the company's 10-year median is 3.62 vs. the industry median of 1.42, Shanghai Baolong Automotive 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 Vehicles & Parts company?
The median PB Ratio among Vehicles & Parts companies is 1.42, based on 1,295 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 Baolong Automotive's current PB Ratio of 1.99 is 40.1% 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 Baolong Automotive and its competitors. For the Vehicles & Parts industry, the median PB Ratio is 1.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Baolong Automotive's current PB Ratio is 1.99, which is 45% below median its own 10-year median of 3.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Baolong Automotive stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Baolong Automotive (SHSE:603197) is currently considered Possible Value Trap. The stock's GF Value™ is ¥54.99, compared to a current price of ¥30.40 — trading 44.7% below its estimated fair value. The current PB Ratio is 1.99, which is 45% below median its 10-year median of 3.62 and 40.1% above the Vehicles & Parts industry median of 1.42. Shanghai Baolong Automotive's overall GF Score™ is 79/100 with 8 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 Shanghai Baolong Automotive (SHSE:603197), the current PB Ratio is 1.99 as of Aug. 15, 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 Baolong Automotive (SHSE:603197) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Baolong Automotive stock appears to be undervalued. The current stock price of ¥30.40 is trading 44.7% below its estimated GF Value™ of ¥54.99. GuruFocus considers Shanghai Baolong Automotive to be Possible Value Trap.

Key valuation signals for SHSE:603197:

  • PB Ratio: 1.99 (45% below median its 10-year median of 3.62)
  • GF Value™: ¥54.99 vs. price of ¥30.40 (44.7% below fair value)
  • GF Score™: 79/100 with 8 warning signs
  • Industry Position: 40.1% above the Vehicles & Parts median (#813 of 1295)

No single metric tells the full story. See the SHSE:603197 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Baolong Automotive Business Description

Address 5500, Shenzhuan Road, Songjiang District, Shanghai, CHN, 201619
Shanghai Baolong Automotive Corp is a Chinese manufacturer of automotive parts and components. Its products include tire valves and accessories, wheel balancing weights, performance exhaust products, automotive pressure sensors, and hydro-forming automotive body parts, among others. The company sells its products in China and various other countries.
79GF Score

Get the complete analysis for SHSE:603197

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

¥30.40
Price
¥54.99
GF Value