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SHSE:688129's PB Ratio is ranked worse than 66.58% of 1577
companies
in the Chemicals industry
Industry Median: 1.68
vs SHSE:688129: 2.44
During the past 12 months, Donglai Coating Technology (Shanghai) Co's average Book Value Per Share Growth Rate was 16.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 5.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 3.20% per year.
During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Donglai Coating Technology (Shanghai) Co was 38.10% per year. The lowest was -0.20% per year. And the median was 16.55% 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.
Donglai Coating Technology (Shanghai) Co PB Ratio Related Terms
Donglai Coating Technology (Shanghai) 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.
Donglai Coating Technology (Shanghai) Co PB Ratio Chart
Donglai Coating Technology (Shanghai) Co Annual Data
For the Specialty Chemicals subindustry, Donglai Coating Technology (Shanghai) 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.
Donglai Coating Technology (Shanghai) Co PB Ratio vs Chemicals Industry
Donglai Coating Technology (Shanghai) 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.
Donglai Coating Technology (Shanghai) Co (SHSE:688129) has a PB Ratio of 2.44 as of Aug. 04, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Donglai Coating Technology (Shanghai) Co and its competitors. This is near median its historical median of 2.38. Over the past decade, Donglai Coating Technology (Shanghai) Co's PB Ratio has ranged from 1.60 to 8.52. According to the industry distribution chart, Donglai Coating Technology (Shanghai) Co ranks #1050 out of 1577 companies in the Chemicals industry, placing it in the top 66.6%.
Is Donglai Coating Technology (Shanghai) Co's PB Ratio too high?
Donglai Coating Technology (Shanghai) Co's current PB Ratio of 2.44 is near median its 10-year median of 2.38. Over the past 10 years, this metric has ranged from a low of 1.60 to a high of 8.52. The Chemicals industry median PB Ratio is 1.68. Donglai Coating Technology (Shanghai) Co's value of 2.44 is 45.2% above this industry median. Based on the distribution chart, Donglai Coating Technology (Shanghai) Co ranks #1050 out of 1577 companies in the Chemicals industry, which is below the industry midpoint. Overall, Donglai Coating Technology (Shanghai) Co has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Donglai Coating Technology (Shanghai) Co's PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Donglai Coating Technology (Shanghai) Co ranks #1050 out of 1577 companies for PB Ratio. This places Donglai Coating Technology (Shanghai) Co in the lower half of its industry. The industry median PB Ratio is 1.68. Donglai Coating Technology (Shanghai) Co's value of 2.44 is 45.2% above this benchmark. Historically, Donglai Coating Technology (Shanghai) Co's own PB Ratio has ranged from 1.60 to 8.52 over the past decade. While the company's 10-year median is 2.38 vs. the industry median of 1.68, Donglai Coating Technology (Shanghai) 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 1.68, 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. Donglai Coating Technology (Shanghai) Co's current PB Ratio of 2.44 is 45.2% 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 Donglai Coating Technology (Shanghai) Co and its competitors. For the Chemicals industry, the median PB Ratio is 1.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Donglai Coating Technology (Shanghai) Co's current PB Ratio is 2.44, which is near median its own 10-year median of 2.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Donglai Coating Technology (Shanghai) Co stock overvalued right now?
Based on GuruFocus' analysis, Donglai Coating Technology (Shanghai) Co (SHSE:688129) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥24.25, compared to a current price of ¥20.90 — trading 13.8% below its estimated fair value. The current PB Ratio is 2.44, which is near median its 10-year median of 2.38 and 45.2% above the Chemicals industry median of 1.68. Donglai Coating Technology (Shanghai) Co's overall GF Score™ is 87/100 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 Donglai Coating Technology (Shanghai) Co (SHSE:688129), the current PB Ratio is 2.44 as of Aug. 04, 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 Donglai Coating Technology (Shanghai) Co (SHSE:688129) Overvalued in 2026?
Based on GuruFocus' analysis, Donglai Coating Technology (Shanghai) Co stock appears to be undervalued.
The current stock price of ¥20.90 is trading 13.8% below its estimated GF Value™ of ¥24.25.
GuruFocus considers Donglai Coating Technology (Shanghai) Co to be Modestly Undervalued.
Key valuation signals for SHSE:688129:
PB Ratio: 2.44 (near median its 10-year median of 2.38)
GF Value™: ¥24.25 vs. price of ¥20.90 (13.8% below fair value)
Industry Position: 45.2% above the Chemicals median (#1050 of 1577)
No single metric tells the full story. See the SHSE:688129 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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