Zhejiang Xinsheng Technology (BJSE:920093) PB Ratio: 3.69 (As of Sep. 04, 2026) — Near Median

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BJSE:920093 Zhejiang Xinsheng Technology Corp Ltd BJSE:920093
14 GF Score
Price ¥19.94
! 1 Warning Sign
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What is Zhejiang Xinsheng Technology PB Ratio?

Zhejiang Xinsheng Technology BJSE:920093 14 PB Ratio is 3.69 as of Sep. 04, 2026, which is 5% below its 10-year median of 3.89. GuruFocus rates BJSE:920093 with a GF Score™ of 14/100. The stock has 1 warning sign investors should review. Among 2,994 Industrial Products companies, Zhejiang Xinsheng Technology ranks worse than 70.37% 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 (2026-09-04), Zhejiang Xinsheng Technology's share price is ¥19.94. Zhejiang Xinsheng Technology's Book Value per Share for the quarter that ended in Jun. 2026 was ¥5.40. Hence, Zhejiang Xinsheng Technology's PB Ratio of today is 3.69.

The historical rank and industry rank for Zhejiang Xinsheng Technology's PB Ratio or its related term are showing as below:

BJSE:920093' s PB Ratio Range Over the Past 10 Years
Min: 3.69   Med: 3.89   Max: 4.29
Current: 3.69

During the past 4 years, Zhejiang Xinsheng Technology's highest PB Ratio was 4.29. The lowest was 3.69. And the median was 3.89.

BJSE:920093's PB Ratio is ranked worse than
70.37% of 2994 companies
in the Industrial Products industry
Industry Median: 2.21 vs BJSE:920093: 3.69

During the past 12 months, Zhejiang Xinsheng Technology's average Book Value Per Share Growth Rate was 66.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 31.60% per year.

During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of Zhejiang Xinsheng Technology was 31.60% per year. The lowest was 31.60% per year. And the median was 31.60% per year.

Back to Basics: PB Ratio


Zhejiang Xinsheng Technology  (BJSE:920093) 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.


Zhejiang Xinsheng Technology PB Ratio Related Terms


Zhejiang Xinsheng Technology PB Ratio Historical Data

* Premium members only.

The historical data trend for Zhejiang Xinsheng Technology'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.

Zhejiang Xinsheng Technology PB Ratio Chart

Zhejiang Xinsheng Technology Annual Data
Trend Dec22 Dec23 Dec24 Dec25
PB Ratio
0.00 0.00 0.00 0.00

Zhejiang Xinsheng Technology Quarterly Data
Dec22 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Jun26
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

BJSE:920093 vs GEV, ETN, PH: PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Zhejiang Xinsheng Technology'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.


Zhejiang Xinsheng Technology PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang Xinsheng Technology's PB Ratio distribution charts can be found below:

* The bar in red indicates where Zhejiang Xinsheng Technology's PB Ratio falls into.


BJSE:920093
14GF Score
Zhejiang Xinsheng Technology Corp Ltd BJSE:920093
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhejiang Xinsheng Technology 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.

Zhejiang Xinsheng Technology's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2026)
=19.94/5.404
=3.69

* 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 3.69 mean?
Zhejiang Xinsheng Technology (BJSE:920093) has a PB Ratio of 3.69 as of Sep. 04, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Zhejiang Xinsheng Technology and its competitors. This is near median its historical median of 3.89. Over the past decade, Zhejiang Xinsheng Technology's PB Ratio has ranged from 3.69 to 4.29. According to the industry distribution chart, Zhejiang Xinsheng Technology ranks #2107 out of 2994 companies in the Industrial Products industry, placing it in the top 70.4%.
Is Zhejiang Xinsheng Technology's PB Ratio too high?
Zhejiang Xinsheng Technology's current PB Ratio of 3.69 is near median its 10-year median of 3.89. Over the past 10 years, this metric has ranged from a low of 3.69 to a high of 4.29. The Industrial Products industry median PB Ratio is 2.21. Zhejiang Xinsheng Technology's value of 3.69 is 67% above this industry median. Based on the distribution chart, Zhejiang Xinsheng Technology ranks #2107 out of 2994 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Zhejiang Xinsheng Technology has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Xinsheng Technology's PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Zhejiang Xinsheng Technology ranks #2107 out of 2994 companies for PB Ratio. This places Zhejiang Xinsheng Technology in the lower half of its industry. The industry median PB Ratio is 2.21. Zhejiang Xinsheng Technology's value of 3.69 is 67% above this benchmark. Historically, Zhejiang Xinsheng Technology's own PB Ratio has ranged from 3.69 to 4.29 over the past decade. While the company's 10-year median is 3.89 vs. the industry median of 2.21, Zhejiang Xinsheng Technology 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 an Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.21, based on 2,994 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. Zhejiang Xinsheng Technology's current PB Ratio of 3.69 is 67% 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 Zhejiang Xinsheng Technology and its competitors. For the Industrial Products industry, the median PB Ratio is 2.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Xinsheng Technology's current PB Ratio is 3.69, which is near median its own 10-year median of 3.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Xinsheng Technology stock overvalued right now?
Zhejiang Xinsheng Technology (BJSE:920093) has a current PB Ratio of 3.69. The current PB Ratio is 3.69, which is near median its 10-year median of 3.89 and 67% above the Industrial Products industry median of 2.21. Zhejiang Xinsheng Technology's overall GF Score™ is 14/100 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 Zhejiang Xinsheng Technology (BJSE:920093), the current PB Ratio is 3.69 as of Sep. 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.

Zhejiang Xinsheng Technology Business Description

Address No. 537, Jidong Road, Huandong Street, Zhejiang Province, Zhuji, CHN, 311800
Zhejiang Xinsheng Technology Corp Ltd is engaged in Research, development, production and sales of computerized embroidery machines.
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¥19.94
Price