Jiangsu Lopal Tech Group Co (HKSE:02465) PB Ratio: 2.17 (As of Jul. 30, 2026) — 23% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HKSE:02465 Jiangsu Lopal Tech Group Co Ltd HKSE:02465
49 GF Score
Price HK$9.63
GF Value HK$5.96
Valuation Significantly Overvalued
! 10 Warning Signs
View Full Analysis

What is Jiangsu Lopal Tech Group Co PB Ratio?

Jiangsu Lopal Tech Group Co HKSE:02465 -3.99% 49 PB Ratio is 2.17 as of Jul. 30, 2026, which is 23% below its 10-year median of 2.83. GuruFocus rates HKSE:02465 with a GF Score™ of 49/100 and a GF Value™ of HK$5.96 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 927 Oil & Gas companies, Jiangsu Lopal Tech Group Co ranks worse than 87.7% 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 (2026-07-30), Jiangsu Lopal Tech Group Co's share price is HK$9.63. Jiangsu Lopal Tech Group Co's Book Value per Share for the quarter that ended in Mar. 2026 was HK$4.44. Hence, Jiangsu Lopal Tech Group Co's PB Ratio of today is 2.17.

The historical rank and industry rank for Jiangsu Lopal Tech Group Co's PB Ratio or its related term are showing as below:

HKSE:02465' s PB Ratio Range Over the Past 10 Years
Min: 1.19   Med: 2.83   Max: 16.44
Current: 4.7

During the past 13 years, Jiangsu Lopal Tech Group Co's highest PB Ratio was 16.44. The lowest was 1.19. And the median was 2.83.

HKSE:02465's PB Ratio is ranked worse than
87.7% of 927 companies
in the Oil & Gas industry
Industry Median: 1.45 vs HKSE:02465: 4.70

During the past 12 months, Jiangsu Lopal Tech Group Co's average Book Value Per Share Growth Rate was -6.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -21.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 0.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 11.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Jiangsu Lopal Tech Group Co was 37.80% per year. The lowest was -21.00% per year. And the median was 15.20% per year.

Back to Basics: PB Ratio


Jiangsu Lopal Tech Group Co  (HKSE:02465) 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.


Jiangsu Lopal Tech Group Co PB Ratio Related Terms


Jiangsu Lopal Tech Group Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Jiangsu Lopal Tech Group Co'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.

Jiangsu Lopal Tech Group Co PB Ratio Chart

Jiangsu Lopal Tech Group Co 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 0.00 0.00 0.00 0.96 2.99

Jiangsu Lopal Tech Group Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 Premium Member Only Premium Member Only Premium Member Only 1.09 1.36 2.59 2.99 2.81

HKSE:02465 vs MPC, VLO, PSX: PB Ratio Comparison

For the Oil & Gas Refining & Marketing subindustry, Jiangsu Lopal Tech Group 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.


Jiangsu Lopal Tech Group Co PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Jiangsu Lopal Tech Group Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Jiangsu Lopal Tech Group Co's PB Ratio falls into.


HKSE:02465
49GF Score
Jiangsu Lopal Tech Group Co Ltd HKSE:02465
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jiangsu Lopal Tech Group 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.

Jiangsu Lopal Tech Group Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=9.63/4.442
=2.17

* 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 2.17 mean?
Jiangsu Lopal Tech Group Co (HKSE:02465) has a PB Ratio of 2.17 as of Jul. 30, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Jiangsu Lopal Tech Group Co and its competitors. This is 23% below median its historical median of 2.83. Over the past decade, Jiangsu Lopal Tech Group Co's PB Ratio has ranged from 1.19 to 16.44. According to the industry distribution chart, Jiangsu Lopal Tech Group Co ranks #813 out of 927 companies in the Oil & Gas industry, placing it in the top 87.7%.
Is Jiangsu Lopal Tech Group Co's PB Ratio too high?
Jiangsu Lopal Tech Group Co's current PB Ratio of 2.17 is 23% below median its 10-year median of 2.83. Over the past 10 years, this metric has ranged from a low of 1.19 to a high of 16.44. The Oil & Gas industry median PB Ratio is 1.45. Jiangsu Lopal Tech Group Co's value of 2.17 is 49.7% above this industry median. Based on the distribution chart, Jiangsu Lopal Tech Group Co ranks #813 out of 927 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Jiangsu Lopal Tech Group Co has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu Lopal Tech Group Co's PB Ratio compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, Jiangsu Lopal Tech Group Co ranks #813 out of 927 companies for PB Ratio. This places Jiangsu Lopal Tech Group Co in the lower half of its industry. The industry median PB Ratio is 1.45. Jiangsu Lopal Tech Group Co's value of 2.17 is 49.7% above this benchmark. Historically, Jiangsu Lopal Tech Group Co's own PB Ratio has ranged from 1.19 to 16.44 over the past decade. While the company's 10-year median is 2.83 vs. the industry median of 1.45, Jiangsu Lopal Tech Group 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 an Oil & Gas company?
The median PB Ratio among Oil & Gas companies is 1.45, based on 927 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 Lopal Tech Group Co's current PB Ratio of 2.17 is 49.7% 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 Jiangsu Lopal Tech Group Co and its competitors. For the Oil & Gas industry, the median PB Ratio is 1.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangsu Lopal Tech Group Co's current PB Ratio is 2.17, which is 23% below median its own 10-year median of 2.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu Lopal Tech Group Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu Lopal Tech Group Co (HKSE:02465) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$5.96, compared to a current price of HK$9.63 — trading 61.6% above its estimated fair value. The current PB Ratio is 2.17, which is 23% below median its 10-year median of 2.83 and 49.7% above the Oil & Gas industry median of 1.45. Jiangsu Lopal Tech Group Co's overall GF Score™ is 49/100 with 10 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 Lopal Tech Group Co (HKSE:02465), the current PB Ratio is 2.17 as of Jul. 30, 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 Lopal Tech Group Co (HKSE:02465) Overvalued in 2026?

Based on GuruFocus' analysis, Jiangsu Lopal Tech Group Co stock appears to be overvalued. The current stock price of HK$9.63 is trading 61.6% above its estimated GF Value™ of HK$5.96. GuruFocus considers Jiangsu Lopal Tech Group Co to be Significantly Overvalued.

Key valuation signals for HKSE:02465:

  • PB Ratio: 2.17 (23% below median its 10-year median of 2.83)
  • GF Value™: HK$5.96 vs. price of HK$9.63 (61.6% above fair value)
  • GF Score™: 49/100 with 10 warning signs
  • Industry Position: 49.7% above the Oil & Gas median (#813 of 927)

No single metric tells the full story. See the HKSE:02465 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jiangsu Lopal Tech Group Co Business Description

Industry EnergyOil & Gas
Other Exchanges 603906:China
Address No. 6 Hengtong Avenue, Nanjing Economic and Technological Development Zone, Jiangsu Province, Nanjing, CHN, 210038
Jiangsu Lopal Tech Group Co Ltd and its subsidiaries are principally engaged in the production and sale of lithium iron phosphate (LFP) cathode materials and automotive specialty chemicals. Its product offerings mainly include lithium cathode materials used in new energy vehicles and energy storage products; and automotive and industrial lubricants, diesel engine exhaust treatment fluids, coolants, and a variety of automotive maintenance products, marketed under Lopal, Kelas, and Teec brands. The Group's operating segments are: Sale of LFP cathode materials, which generate maximum revenue, Processing of lithium carbonate and raw materials, Sale of automotive specialty chemicals, and Other businesses.
49GF Score

Get the complete analysis for HKSE:02465

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$9.63
Price
HK$5.96
GF Value