Shanghai Zhongchen Electronic Technology Co (SHSE:603275) PB Ratio: 1.72 (As of Aug. 24, 2026) — 18% Below Median

Author: Vera Yuan Vera Yuan
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Vera Yuan
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:603275 Shanghai Zhongchen Electronic Technology Co Ltd SHSE:603275
84 GF Score
Price ¥34.92
GF Value ¥46.29
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Shanghai Zhongchen Electronic Technology Co PB Ratio?

Shanghai Zhongchen Electronic Technology Co SHSE:603275 -1.69% 84 PB Ratio is 1.72 as of Aug. 24, 2026, which is 18% below its 10-year median of 2.10. GuruFocus rates SHSE:603275 with a GF Score™ of 84/100 and a GF Value™ of ¥46.29 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,990 Industrial Products companies, Shanghai Zhongchen Electronic Technology Co ranks better than 60.27% 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 (2026-08-24), Shanghai Zhongchen Electronic Technology Co's share price is ¥34.92. Shanghai Zhongchen Electronic Technology Co's Book Value per Share for the quarter that ended in Mar. 2026 was ¥20.28. Hence, Shanghai Zhongchen Electronic Technology Co's PB Ratio of today is 1.72.

Good Sign:

Shanghai Zhongchen Electronic Technology Co Ltd stock PB Ratio (=1.75) is close to 1-year low of 1.63.

The historical rank and industry rank for Shanghai Zhongchen Electronic Technology Co's PB Ratio or its related term are showing as below:

SHSE:603275' s PB Ratio Range Over the Past 10 Years
Min: 1.34   Med: 2.1   Max: 9.39
Current: 1.72

During the past 7 years, Shanghai Zhongchen Electronic Technology Co's highest PB Ratio was 9.39. The lowest was 1.34. And the median was 2.10.

SHSE:603275's PB Ratio is ranked better than
60.27% of 2990 companies
in the Industrial Products industry
Industry Median: 2.18 vs SHSE:603275: 1.72

During the past 12 months, Shanghai Zhongchen Electronic Technology Co's average Book Value Per Share Growth Rate was 5.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 45.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 46.10% per year.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Shanghai Zhongchen Electronic Technology Co was 67.90% per year. The lowest was 43.50% per year. And the median was 49.85% per year.

Back to Basics: PB Ratio


Shanghai Zhongchen Electronic Technology Co  (SHSE:603275) 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 Zhongchen Electronic Technology Co PB Ratio Related Terms


Shanghai Zhongchen Electronic Technology Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Shanghai Zhongchen Electronic Technology Co'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 Zhongchen Electronic Technology Co PB Ratio Chart

Shanghai Zhongchen Electronic Technology Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial 0.00 0.00 2.27 1.80 2.28

Shanghai Zhongchen Electronic Technology Co Quarterly Data
Dec19 Dec20 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 2.09 2.56 2.74 2.28 2.17

SHSE:603275 vs VRT, BE: PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, Shanghai Zhongchen Electronic Technology 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 Zhongchen Electronic Technology Co PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shanghai Zhongchen Electronic Technology Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Shanghai Zhongchen Electronic Technology Co's PB Ratio falls into.


SHSE:603275
84GF Score
Shanghai Zhongchen Electronic Technology Co Ltd SHSE:603275
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shanghai Zhongchen Electronic Technology 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.

Shanghai Zhongchen Electronic Technology Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=34.92/20.282
=1.72

* 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 1.72 mean?
Shanghai Zhongchen Electronic Technology Co (SHSE:603275) has a PB Ratio of 1.72 as of Aug. 24, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Shanghai Zhongchen Electronic Technology Co and its competitors. This is 18% below median its historical median of 2.10. Over the past decade, Shanghai Zhongchen Electronic Technology Co's PB Ratio has ranged from 1.34 to 9.39. According to the industry distribution chart, Shanghai Zhongchen Electronic Technology Co ranks #1188 out of 2990 companies in the Industrial Products industry, placing it in the top 39.7%.
Is Shanghai Zhongchen Electronic Technology Co's PB Ratio too high?
Shanghai Zhongchen Electronic Technology Co's current PB Ratio of 1.72 is 18% below median its 10-year median of 2.10. Over the past 10 years, this metric has ranged from a low of 1.34 to a high of 9.39. The Industrial Products industry median PB Ratio is 2.18. Shanghai Zhongchen Electronic Technology Co's value of 1.72 is 21.1% below this industry median. Based on the distribution chart, Shanghai Zhongchen Electronic Technology Co ranks #1188 out of 2990 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Shanghai Zhongchen Electronic Technology Co has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Zhongchen Electronic Technology Co's PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Shanghai Zhongchen Electronic Technology Co ranks #1188 out of 2990 companies for PB Ratio. This puts Shanghai Zhongchen Electronic Technology Co in the upper half of its industry. The industry median PB Ratio is 2.18. Shanghai Zhongchen Electronic Technology Co's value of 1.72 is 21.1% below this benchmark. Historically, Shanghai Zhongchen Electronic Technology Co's own PB Ratio has ranged from 1.34 to 9.39 over the past decade. While the company's 10-year median is 2.10 vs. the industry median of 2.18, Shanghai Zhongchen Electronic Technology Co has consistently been below 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 2.18, based on 2,990 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 Zhongchen Electronic Technology Co's current PB Ratio of 1.72 is 21.1% below 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 Zhongchen Electronic Technology Co and its competitors. For the Industrial Products industry, the median PB Ratio is 2.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Zhongchen Electronic Technology Co's current PB Ratio is 1.72, which is 18% below median its own 10-year median of 2.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Zhongchen Electronic Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Zhongchen Electronic Technology Co (SHSE:603275) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥46.29, compared to a current price of ¥34.92 — trading 24.6% below its estimated fair value. The current PB Ratio is 1.72, which is 18% below median its 10-year median of 2.10 and 21.1% below the Industrial Products industry median of 2.18. Shanghai Zhongchen Electronic Technology Co's overall GF Score™ is 84/100 with 3 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 Zhongchen Electronic Technology Co (SHSE:603275), the current PB Ratio is 1.72 as of Aug. 24, 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 Zhongchen Electronic Technology Co (SHSE:603275) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Zhongchen Electronic Technology Co stock appears to be undervalued. The current stock price of ¥34.92 is trading 24.6% below its estimated GF Value™ of ¥46.29. GuruFocus considers Shanghai Zhongchen Electronic Technology Co to be Modestly Undervalued.

Key valuation signals for SHSE:603275:

  • PB Ratio: 1.72 (18% below median its 10-year median of 2.10)
  • GF Value™: ¥46.29 vs. price of ¥34.92 (24.6% below fair value)
  • GF Score™: 84/100 with 3 warning signs
  • Industry Position: 21.1% below the Industrial Products median (#1188 of 2990)

No single metric tells the full story. See the SHSE:603275 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Zhongchen Electronic Technology Co Business Description

Address No. 3768, Yexin Road, Maogang Town, Songjiang, Shanghai, CHN, 201607
Shanghai Zhongchen Electronic Technology Co Ltd is a high-tech enterprise focusing on the research and development, production, sales and service of electric transmission and industrial automation products. The company's main products are variable frequency drives, servo drive systems and electric new energy vehicle drives. The company has a wide range of products, among which medium and low-voltage variable frequency drives are divided into two categories: general-purpose products and industry-specific products.
84GF Score

Get the complete analysis for SHSE:603275

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

¥34.92
Price
¥46.29
GF Value