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HKSE:02116's PB Ratio is ranked better than 63.81% of 1578
companies
in the Chemicals industry
Industry Median: 1.74
vs HKSE:02116: 1.27
During the past 12 months, Jiangsu Innovative Ecological New Materials's average Book Value Per Share Growth Rate was 8.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -7.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -6.90% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 9.20% per year.
During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of Jiangsu Innovative Ecological New Materials was 40.20% per year. The lowest was -11.20% per year. And the median was 8.40% 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.
Jiangsu Innovative Ecological New Materials PB Ratio Related Terms
Jiangsu Innovative Ecological New Materials 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.
Jiangsu Innovative Ecological New Materials PB Ratio Chart
Jiangsu Innovative Ecological New Materials Annual Data
For the Specialty Chemicals subindustry, Jiangsu Innovative Ecological New Materials'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.
Jiangsu Innovative Ecological New Materials PB Ratio vs Chemicals Industry
Jiangsu Innovative Ecological New Materials 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.
Jiangsu Innovative Ecological New Materials (HKSE:02116) has a PB Ratio of 1.27 as of Aug. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Jiangsu Innovative Ecological New Materials and its competitors. This is 108% above median its historical median of 0.61. Over the past decade, Jiangsu Innovative Ecological New Materials' PB Ratio has ranged from 0.31 to 4.35. According to the industry distribution chart, Jiangsu Innovative Ecological New Materials ranks #571 out of 1578 companies in the Chemicals industry, placing it in the top 36.2%.
Is Jiangsu Innovative Ecological New Materials' PB Ratio too high?
Jiangsu Innovative Ecological New Materials' current PB Ratio of 1.27 is 108% above median its 10-year median of 0.61. Over the past 10 years, this metric has ranged from a low of 0.31 to a high of 4.35. The Chemicals industry median PB Ratio is 1.74. Jiangsu Innovative Ecological New Materials' value of 1.27 is 27% below this industry median. Based on the distribution chart, Jiangsu Innovative Ecological New Materials ranks #571 out of 1578 companies in the Chemicals industry, which is above the industry midpoint. Overall, Jiangsu Innovative Ecological New Materials has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu Innovative Ecological New Materials' PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Jiangsu Innovative Ecological New Materials ranks #571 out of 1578 companies for PB Ratio. This puts Jiangsu Innovative Ecological New Materials in the upper half of its industry. The industry median PB Ratio is 1.74. Jiangsu Innovative Ecological New Materials' value of 1.27 is 27% below this benchmark. Historically, Jiangsu Innovative Ecological New Materials' own PB Ratio has ranged from 0.31 to 4.35 over the past decade. While the company's 10-year median is 0.61 vs. the industry median of 1.74, Jiangsu Innovative Ecological New Materials 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 1,578 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. Jiangsu Innovative Ecological New Materials's current PB Ratio of 1.27 is 27% 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 Jiangsu Innovative Ecological New Materials 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. Jiangsu Innovative Ecological New Materials's current PB Ratio is 1.27, which is 108% above median its own 10-year median of 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu Innovative Ecological New Materials stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu Innovative Ecological New Materials (HKSE:02116) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.43, compared to a current price of HK$0.71 — trading 65.1% above its estimated fair value. The current PB Ratio is 1.27, which is 108% above median its 10-year median of 0.61 and 27% below the Chemicals industry median of 1.74. Jiangsu Innovative Ecological New Materials' overall GF Score™ is 61/100 with 3 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 Jiangsu Innovative Ecological New Materials (HKSE:02116), the current PB Ratio is 1.27 as of Aug. 14, 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 Jiangsu Innovative Ecological New Materials (HKSE:02116) Overvalued in 2026?
Based on GuruFocus' analysis, Jiangsu Innovative Ecological New Materials stock appears to be overvalued.
The current stock price of HK$0.71 is trading 65.1% above its estimated GF Value™ of HK$0.43.
GuruFocus considers Jiangsu Innovative Ecological New Materials to be Significantly Overvalued.
Key valuation signals for HKSE:02116:
PB Ratio: 1.27 (108% above median its 10-year median of 0.61)
GF Value™: HK$0.43 vs. price of HK$0.71 (65.1% above fair value)
Industry Position: 27% below the Chemicals median (#571 of 1578)
No single metric tells the full story. See the HKSE:02116 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jiangsu Innovative Ecological New Materials Ltd develops, manufactures, and markets oil refining agents. The firm produces refining additives, oil additives, and other products. It offers and generates revenue from oil refining agents and fuel additives with desulfurizing agents, lubricity improvers, and metal passivation. The majority of the firm's revenue is generated from the sales of oil refining agents from Mainland China. The company operates in a single segment, which is the sale of oil refining agents and fuel additives.
61GF Score
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