Lily Group Co (SHSE:603823) PB Ratio: 11.37 (As of Aug. 10, 2026) — 334% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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:603823 Lily Group Co Ltd SHSE:603823
62 GF Score
Price ¥68.38
GF Value ¥8.49
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Lily Group Co PB Ratio?

Lily Group Co SHSE:603823 +3.76% 62 PB Ratio is 11.37 as of Aug. 10, 2026, which is 334% above its 10-year median of 2.62. GuruFocus rates SHSE:603823 with a GF Score™ of 62/100 and a GF Value™ of ¥8.49 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,576 Chemicals companies, Lily Group Co ranks worse than 95.88% 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 (2026-08-10), Lily Group Co's share price is ¥68.38. Lily Group Co's Book Value per Share for the quarter that ended in Mar. 2026 was ¥6.02. Hence, Lily Group Co's PB Ratio of today is 11.37.

The historical rank and industry rank for Lily Group Co's PB Ratio or its related term are showing as below:

SHSE:603823' s PB Ratio Range Over the Past 10 Years
Min: 1.24   Med: 2.62   Max: 12.62
Current: 11.36

During the past 13 years, Lily Group Co's highest PB Ratio was 12.62. The lowest was 1.24. And the median was 2.62.

SHSE:603823's PB Ratio is ranked worse than
95.88% of 1576 companies
in the Chemicals industry
Industry Median: 1.73 vs SHSE:603823: 11.36

During the past 12 months, Lily Group Co's average Book Value Per Share Growth Rate was 4.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 4.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 5.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 10.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Lily Group Co was 31.50% per year. The lowest was -25.30% per year. And the median was 11.35% per year.

Back to Basics: PB Ratio


Lily Group Co  (SHSE:603823) 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.


Lily Group Co PB Ratio Related Terms


Lily Group Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Lily Group 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.

Lily Group Co PB Ratio Chart

Lily Group Co 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 2.34 2.37 1.84 1.64 2.55

Lily Group Co 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 1.77 2.25 2.71 2.55 2.57

SHSE:603823 vs LIN, SHW, ECL: PB Ratio Comparison

For the Specialty Chemicals subindustry, Lily Group 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.


Lily Group Co PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Lily Group Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Lily Group Co's PB Ratio falls into.


SHSE:603823
62GF Score
Lily Group Co Ltd SHSE:603823
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lily Group 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.

Lily Group Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=68.38/6.015
=11.37

* 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 11.37 mean?
Lily Group Co (SHSE:603823) has a PB Ratio of 11.37 as of Aug. 10, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Lily Group Co and its competitors. This is 334% above median its historical median of 2.62. Over the past decade, Lily Group Co's PB Ratio has ranged from 1.24 to 12.62. According to the industry distribution chart, Lily Group Co ranks #1511 out of 1576 companies in the Chemicals industry, placing it in the top 95.9%.
Is Lily Group Co's PB Ratio too high?
Lily Group Co's current PB Ratio of 11.37 is 334% above median its 10-year median of 2.62. Over the past 10 years, this metric has ranged from a low of 1.24 to a high of 12.62. The Chemicals industry median PB Ratio is 1.73. Lily Group Co's value of 11.37 is 557.2% above this industry median. Based on the distribution chart, Lily Group Co ranks #1511 out of 1576 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Lily Group Co has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lily Group Co's PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Lily Group Co ranks #1511 out of 1576 companies for PB Ratio. This places Lily Group Co in the lower half of its industry. The industry median PB Ratio is 1.73. Lily Group Co's value of 11.37 is 557.2% above this benchmark. Historically, Lily Group Co's own PB Ratio has ranged from 1.24 to 12.62 over the past decade. While the company's 10-year median is 2.62 vs. the industry median of 1.73, Lily Group 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 1.73, based on 1,576 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. Lily Group Co's current PB Ratio of 11.37 is 557.2% 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 Lily Group Co and its competitors. For the Chemicals industry, the median PB Ratio is 1.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lily Group Co's current PB Ratio is 11.37, which is 334% above median its own 10-year median of 2.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lily Group Co stock overvalued right now?
Based on GuruFocus' analysis, Lily Group Co (SHSE:603823) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥8.49, compared to a current price of ¥68.38 — trading 705.4% above its estimated fair value. The current PB Ratio is 11.37, which is 334% above median its 10-year median of 2.62 and 557.2% above the Chemicals industry median of 1.73. Lily Group Co's overall GF Score™ is 62/100 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 Lily Group Co (SHSE:603823), the current PB Ratio is 11.37 as of Aug. 10, 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 Lily Group Co (SHSE:603823) Overvalued in 2026?

Based on GuruFocus' analysis, Lily Group Co stock appears to be overvalued. The current stock price of ¥68.38 is trading 705.4% above its estimated GF Value™ of ¥8.49. GuruFocus considers Lily Group Co to be Significantly Overvalued.

Key valuation signals for SHSE:603823:

  • PB Ratio: 11.37 (334% above median its 10-year median of 2.62)
  • GF Value™: ¥8.49 vs. price of ¥68.38 (705.4% above fair value)
  • GF Score™: 62/100 with 5 warning signs
  • Industry Position: 557.2% above the Chemicals median (#1511 of 1576)

No single metric tells the full story. See the SHSE:603823 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lily Group Co Business Description

Address No. 1768, Jingwu Road, Qiantang New District, Zhejiang, Hangzhou, CHN, 311228
Lily Group Co Ltd is a chemical manufacturing company. Its products includes pigment for inks, pigment for coatings, pigment for plastics and intermediates. Further it is also involved in import and export trade, investment, and real estate businesses.
62GF Score

Get the complete analysis for SHSE:603823

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

¥68.38
Price
¥8.49
GF Value