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ZKH GroupZKH -1.35%57 PB Ratio is 1.08 as of Aug. 29, 2026, which is 13% below its 10-year median of 1.24. GuruFocus rates ZKH with a GF Score™ of 57/100 and a GF Value™ of $3.81 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,070 Retail - Cyclical companies, ZKH Group ranks better than 61.78% 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 (2026-08-29), ZKH Group's share price is $2.92. ZKH Group's Book Value per Share for the quarter that ended in Jun. 2026 was $2.71. Hence, ZKH Group's PB Ratio of today is 1.08.
The historical rank and industry rank for ZKH Group's PB Ratio or its related term are showing as below:
ZKH'
s PB Ratio Range Over the Past 10 Years
Min: 0.8 Med: 1.24 Max: 7.03
Current: 1.08
During the past 6 years, ZKH Group's highest PB Ratio was 7.03. The lowest was 0.80. And the median was 1.24.
ZKH's PB Ratio is ranked better than 61.78% of 1070
companies
in the Retail - Cyclical industry
Industry Median: 1.505
vs ZKH: 1.08
During the past 12 months, ZKH Group's average Book Value Per Share Growth Rate was 5.30% 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.
ZKH Group PB Ratio Related Terms
ZKH Group PB Ratio Historical Data
* Premium members only.
The historical data trend for ZKH Group'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.
For the Internet Retail subindustry, ZKH Group'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.
ZKH Group PB Ratio vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, ZKH Group's PB Ratio distribution charts can be found below:
* The bar in red indicates where ZKH Group'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.
ZKH Group's PB Ratio for today is calculated as follows:
* 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.
ZKH Group (ZKH) has a PB Ratio of 1.08 as of Aug. 29, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on ZKH Group and its competitors. This is 13% below median its historical median of 1.24. Over the past decade, ZKH Group's PB Ratio has ranged from 0.80 to 7.03. According to the industry distribution chart, ZKH Group ranks #409 out of 1070 companies in the Retail - Cyclical industry, placing it in the top 38.2%.
Is ZKH Group's PB Ratio too high?
ZKH Group's current PB Ratio of 1.08 is 13% below median its 10-year median of 1.24. Over the past 10 years, this metric has ranged from a low of 0.80 to a high of 7.03. The Retail - Cyclical industry median PB Ratio is 1.51. ZKH Group's value of 1.08 is 28.2% below this industry median. Based on the distribution chart, ZKH Group ranks #409 out of 1070 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, ZKH Group has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ZKH Group's PB Ratio compare to BBBY and LOGC?
According to the Retail - Cyclical industry distribution chart, ZKH Group ranks #409 out of 1070 companies for PB Ratio. This puts ZKH Group in the upper half of its industry. The industry median PB Ratio is 1.51. ZKH Group's value of 1.08 is 28.2% below this benchmark. Historically, ZKH Group's own PB Ratio has ranged from 0.80 to 7.03 over the past decade. While the company's 10-year median is 1.24 vs. the industry median of 1.51, ZKH Group 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 a Retail - Cyclical company?
The median PB Ratio among Retail - Cyclical companies is 1.51, based on 1,070 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. ZKH Group's current PB Ratio of 1.08 is 28.2% 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 ZKH Group and its competitors. For the Retail - Cyclical industry, the median PB Ratio is 1.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ZKH Group's current PB Ratio is 1.08, which is 13% below median its own 10-year median of 1.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ZKH Group stock overvalued right now?
Based on GuruFocus' analysis, ZKH Group (ZKH) is currently considered Modestly Undervalued. The stock's GF Value™ is $3.81, compared to a current price of $2.92 — trading 23.4% below its estimated fair value. The current PB Ratio is 1.08, which is 13% below median its 10-year median of 1.24 and 28.2% below the Retail - Cyclical industry median of 1.51. ZKH Group's overall GF Score™ is 57/100 with 1 warning sign 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 ZKH Group (ZKH), the current PB Ratio is 1.08 as of Aug. 29, 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 ZKH Group (ZKH) Overvalued in 2026?
Based on GuruFocus' analysis, ZKH Group stock appears to be undervalued.
The current stock price of $2.92 is trading 23.4% below its estimated GF Value™ of $3.81.
GuruFocus considers ZKH Group to be Modestly Undervalued.
Key valuation signals for ZKH:
PB Ratio: 1.08 (13% below median its 10-year median of 1.24)
GF Value™: $3.81 vs. price of $2.92 (23.4% below fair value)
Industry Position: 28.2% below the Retail - Cyclical median (#409 of 1070)
No single metric tells the full story. See the ZKH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ZKH Group Ltd engages in providing MRO procurement service platform in China. It provides one-stop MRO procurement and management services for its customers, and offers digital and fulfillment solutions for participants along the industry value chain. It offers a broad range of MRO product offerings covering all MRO product lines on its platform, including spare parts, chemicals, manufacturing parts, general consumables, and office supplies. Majority of the revenues are derived from the PRC.
57GF Score
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