Diwang Industrial Holdings (HKSE:01950) PB Ratio: 0.10 (As of Aug. 11, 2026) — 73% Below Median

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What is Diwang Industrial Holdings PB Ratio?

Diwang Industrial Holdings HKSE:01950 +4.17% PB Ratio is 0.10 as of Aug. 11, 2026, which is 73% below its 10-year median of 0.37. The stock has 4 warning signs investors should review. Among 1,576 Chemicals companies, Diwang Industrial Holdings ranks better than 99.56% 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 (2026-08-11), Diwang Industrial Holdings's share price is HK$0.10. Diwang Industrial Holdings's Book Value per Share for the quarter that ended in Dec. 2025 was HK$0.96. Hence, Diwang Industrial Holdings's PB Ratio of today is 0.10.

Good Sign:

Diwang Industrial Holdings Ltd stock PB Ratio (=0.12) is close to 1-year low of 0.11.

The historical rank and industry rank for Diwang Industrial Holdings's PB Ratio or its related term are showing as below:

HKSE:01950' s PB Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.37   Max: 11.64
Current: 0.1

During the past 10 years, Diwang Industrial Holdings's highest PB Ratio was 11.64. The lowest was 0.07. And the median was 0.37.

HKSE:01950's PB Ratio is ranked better than
99.56% of 1576 companies
in the Chemicals industry
Industry Median: 1.74 vs HKSE:01950: 0.10

During the past 3 years, the average Book Value Per Share Growth Rate was -9.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -9.10% per year.

During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of Diwang Industrial Holdings was 24.00% per year. The lowest was -12.80% per year. And the median was 8.60% per year.

Back to Basics: PB Ratio


Diwang Industrial Holdings  (HKSE:01950) 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.


Diwang Industrial Holdings PB Ratio Related Terms


Diwang Industrial Holdings PB Ratio Historical Data

* Premium members only.

The historical data trend for Diwang Industrial Holdings'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.

Diwang Industrial Holdings PB Ratio Chart

Diwang Industrial Holdings 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 0.41 0.60 0.21 0.14 0.19

Diwang Industrial Holdings Semi-Annual Data
Dec16 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.21 0.13 0.14 0.32 0.19

HKSE:01950 vs LIN, SHW, ECL: PB Ratio Comparison

For the Specialty Chemicals subindustry, Diwang Industrial Holdings'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.


Diwang Industrial Holdings PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Diwang Industrial Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where Diwang Industrial Holdings's PB Ratio falls into.



Diwang Industrial Holdings 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.

Diwang Industrial Holdings's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=0.10/0.955
=0.10

* 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 0.10 mean?
Diwang Industrial Holdings (HKSE:01950) has a PB Ratio of 0.10 as of Aug. 11, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Diwang Industrial Holdings and its competitors. This is 73% below median its historical median of 0.37. Over the past decade, Diwang Industrial Holdings' PB Ratio has ranged from 0.07 to 11.64. According to the industry distribution chart, Diwang Industrial Holdings ranks #7 out of 1576 companies in the Chemicals industry, placing it in the top 0.40000000000001%.
Is Diwang Industrial Holdings' PB Ratio too high?
Diwang Industrial Holdings' current PB Ratio of 0.10 is 73% below median its 10-year median of 0.37. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 11.64. The Chemicals industry median PB Ratio is 1.74. Diwang Industrial Holdings' value of 0.10 is 94.3% below this industry median. Based on the distribution chart, Diwang Industrial Holdings ranks #7 out of 1576 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers.
How does Diwang Industrial Holdings' PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Diwang Industrial Holdings ranks #7 out of 1576 companies for PB Ratio. This places Diwang Industrial Holdings in the top 0% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.74. Diwang Industrial Holdings' value of 0.10 is 94.3% below this benchmark. Historically, Diwang Industrial Holdings' own PB Ratio has ranged from 0.07 to 11.64 over the past decade. While the company's 10-year median is 0.37 vs. the industry median of 1.74, Diwang Industrial Holdings 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 Chemicals company?
The median PB Ratio among Chemicals companies is 1.74, 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. Diwang Industrial Holdings's current PB Ratio of 0.10 is 94.3% 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 Diwang Industrial Holdings and its competitors. For the Chemicals industry, the median PB Ratio is 1.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Diwang Industrial Holdings's current PB Ratio is 0.10, which is 73% below median its own 10-year median of 0.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Diwang Industrial Holdings stock overvalued right now?
Based on GuruFocus' analysis, Diwang Industrial Holdings (HKSE:01950) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.11, compared to a current price of HK$0.10 — trading 9.1% below its estimated fair value. The current PB Ratio is 0.10, which is 73% below median its 10-year median of 0.37 and 94.3% below the Chemicals industry median of 1.74. 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 Diwang Industrial Holdings (HKSE:01950), the current PB Ratio is 0.10 as of Aug. 11, 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.

Diwang Industrial Holdings Business Description

Address No. 2, Jiangshan Road, Meicheng Town, Jiande County, Zhejiang Province, Hangzhou, CHN
Diwang Industrial Holdings Ltd is engaged in the manufacturing and sales of faux leather chemicals and the production and sales of Chinese baijiu. The group has two operating segments: the Faux leather chemicals business and the Chinese liquor business. The Faux leather chemicals segment is engaged in the manufacturing and sales of faux leather chemicals, while the Chinese liquor business segment is engaged in the production and sales of wine products, including Chinese baijiu. Geographically, it generates the majority of its revenue from the PRC.