SHSE:600293's PB Ratio is ranked worse than 65.74% of 397
companies
in the Building Materials industry
Industry Median: 1.16
vs SHSE:600293: 1.65
During the past 12 months, Hubeinxia New Building Materials Co's average Book Value Per Share Growth Rate was -2.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 1.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -2.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -5.90% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Hubeinxia New Building Materials Co was 36.80% per year. The lowest was -24.70% per year. And the median was 1.30% per year.
Back to Basics: PB Ratio
Hubeinxia New Building Materials Co (SHSE:600293) PB Ratio Explanation
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.
Hubeinxia New Building Materials Co PB Ratio Related Terms
Hubeinxia New Building Materials Co 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.
Hubeinxia New Building Materials Co PB Ratio Chart
For the Building Materials subindustry, Hubeinxia New Building Materials 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.
Hubeinxia New Building Materials Co PB Ratio vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Hubeinxia New Building Materials Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Hubeinxia New Building Materials Co's PB Ratio falls into.
Hubeinxia New Building Materials 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.
* 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.
Hubeinxia New Building Materials Co (SHSE:600293) has a PB Ratio of 1.65 as of Jul. 08, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Hubeinxia New Building Materials Co and its competitors. This is 16% below median its historical median of 1.97. Over the past decade, Hubeinxia New Building Materials Co's PB Ratio has ranged from 0.73 to 7.08. According to the industry distribution chart, Hubeinxia New Building Materials Co ranks #261 out of 397 companies in the Building Materials industry, placing it in the top 65.7%.
Is Hubeinxia New Building Materials Co's PB Ratio too high?
Hubeinxia New Building Materials Co's current PB Ratio of 1.65 is 16% below median its 10-year median of 1.97. Over the past 10 years, this metric has ranged from a low of 0.73 to a high of 7.08. The Building Materials industry median PB Ratio is 1.16. Hubeinxia New Building Materials Co's value of 1.65 is 42.2% above this industry median. Based on the distribution chart, Hubeinxia New Building Materials Co ranks #261 out of 397 companies in the Building Materials industry, which is below the industry midpoint. Overall, Hubeinxia New Building Materials Co has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hubeinxia New Building Materials Co's PB Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, Hubeinxia New Building Materials Co ranks #261 out of 397 companies for PB Ratio. This places Hubeinxia New Building Materials Co in the lower half of its industry. The industry median PB Ratio is 1.16. Hubeinxia New Building Materials Co's value of 1.65 is 42.2% above this benchmark. Historically, Hubeinxia New Building Materials Co's own PB Ratio has ranged from 0.73 to 7.08 over the past decade. While the company's 10-year median is 1.97 vs. the industry median of 1.16, Hubeinxia New Building Materials 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 a Building Materials company?
The median PB Ratio among Building Materials companies is 1.16, based on 397 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. Hubeinxia New Building Materials Co's current PB Ratio of 1.65 is 42.2% 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 Hubeinxia New Building Materials Co and its competitors. For the Building Materials industry, the median PB Ratio is 1.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hubeinxia New Building Materials Co's current PB Ratio is 1.65, which is 16% below median its own 10-year median of 1.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hubeinxia New Building Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Hubeinxia New Building Materials Co (SHSE:600293) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥1.73, compared to a current price of ¥2.43 — trading 40.5% above its estimated fair value. The current PB Ratio is 1.65, which is 16% below median its 10-year median of 1.97 and 42.2% above the Building Materials industry median of 1.16. Hubeinxia New Building Materials Co's overall GF Score™ is 52/100 with 5 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 Hubeinxia New Building Materials Co (SHSE:600293), the current PB Ratio is 1.65 as of Jul. 08, 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 Hubeinxia New Building Materials Co (SHSE:600293) Overvalued in 2026?
Based on GuruFocus' analysis, Hubeinxia New Building Materials Co stock appears to be overvalued.
The current stock price of ¥2.43 is trading 40.5% above its estimated GF Value™ of ¥1.73.
GuruFocus considers Hubeinxia New Building Materials Co to be Significantly Overvalued.
Key valuation signals for SHSE:600293:
PB Ratio: 1.65 (16% below median its 10-year median of 1.97)
GF Value™: ¥1.73 vs. price of ¥2.43 (40.5% above fair value)
Industry Position: 42.2% above the Building Materials median (#261 of 397)
No single metric tells the full story. See the SHSE:600293 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hubeinxia New Building Materials Co Business Description
Hubei Sanxia New Building Materials Co Ltd is engaged in the glass industry in Hubei Province, China. The company produces float glass, deep-processing glass products, and new building materials.
52GF Score
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