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SHSE:600320's PB Ratio is ranked better than 70.01% of 2981
companies
in the Industrial Products industry
Industry Median: 2.17
vs SHSE:600320: 1.32
During the past 12 months, Shanghai Zhenhua Heavy Industries Co's average Book Value Per Share Growth Rate was 2.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 2.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 2.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 0.80% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Shanghai Zhenhua Heavy Industries Co was 51.00% per year. The lowest was -3.50% per year. And the median was 2.40% per year.
Back to Basics: PB Ratio
Shanghai Zhenhua Heavy Industries Co (SHSE:600320) 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.
Shanghai Zhenhua Heavy Industries Co PB Ratio Related Terms
Shanghai Zhenhua Heavy Industries 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.
Shanghai Zhenhua Heavy Industries Co PB Ratio Chart
For the Specialty Industrial Machinery subindustry, Shanghai Zhenhua Heavy Industries 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.
Shanghai Zhenhua Heavy Industries Co PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Shanghai Zhenhua Heavy Industries Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Shanghai Zhenhua Heavy Industries Co's PB Ratio falls into.
Shanghai Zhenhua Heavy Industries 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.
Shanghai Zhenhua Heavy Industries Co (SHSE:600320) has a PB Ratio of 1.32 as of Jul. 15, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Shanghai Zhenhua Heavy Industries Co and its competitors. This is near median its historical median of 1.29. Over the past decade, Shanghai Zhenhua Heavy Industries Co's PB Ratio has ranged from 1.01 to 1.84. According to the industry distribution chart, Shanghai Zhenhua Heavy Industries Co ranks #894 out of 2981 companies in the Industrial Products industry, placing it in the top 30%.
Is Shanghai Zhenhua Heavy Industries Co's PB Ratio too high?
Shanghai Zhenhua Heavy Industries Co's current PB Ratio of 1.32 is near median its 10-year median of 1.29. Over the past 10 years, this metric has ranged from a low of 1.01 to a high of 1.84. The Industrial Products industry median PB Ratio is 2.17. Shanghai Zhenhua Heavy Industries Co's value of 1.32 is 39.2% below this industry median. Based on the distribution chart, Shanghai Zhenhua Heavy Industries Co ranks #894 out of 2981 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Shanghai Zhenhua Heavy Industries Co has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Zhenhua Heavy Industries Co's PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Shanghai Zhenhua Heavy Industries Co ranks #894 out of 2981 companies for PB Ratio. This puts Shanghai Zhenhua Heavy Industries Co in the upper half of its industry. The industry median PB Ratio is 2.17. Shanghai Zhenhua Heavy Industries Co's value of 1.32 is 39.2% below this benchmark. Historically, Shanghai Zhenhua Heavy Industries Co's own PB Ratio has ranged from 1.01 to 1.84 over the past decade. While the company's 10-year median is 1.29 vs. the industry median of 2.17, Shanghai Zhenhua Heavy Industries Co 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 an Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.17, based on 2,981 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. Shanghai Zhenhua Heavy Industries Co's current PB Ratio of 1.32 is 39.2% 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 Shanghai Zhenhua Heavy Industries Co and its competitors. For the Industrial Products industry, the median PB Ratio is 2.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Zhenhua Heavy Industries Co's current PB Ratio is 1.32, which is near median its own 10-year median of 1.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Zhenhua Heavy Industries Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Zhenhua Heavy Industries Co (SHSE:600320) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥4.61, compared to a current price of ¥4.14 — trading 10.2% below its estimated fair value. The current PB Ratio is 1.32, which is near median its 10-year median of 1.29 and 39.2% below the Industrial Products industry median of 2.17. Shanghai Zhenhua Heavy Industries Co's overall GF Score™ is 78/100 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 Shanghai Zhenhua Heavy Industries Co (SHSE:600320), the current PB Ratio is 1.32 as of Jul. 15, 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 Shanghai Zhenhua Heavy Industries Co (SHSE:600320) Overvalued in 2026?
Based on GuruFocus' analysis, Shanghai Zhenhua Heavy Industries Co stock appears to be undervalued.
The current stock price of ¥4.14 is trading 10.2% below its estimated GF Value™ of ¥4.61.
GuruFocus considers Shanghai Zhenhua Heavy Industries Co to be Modestly Undervalued.
Key valuation signals for SHSE:600320:
PB Ratio: 1.32 (near median its 10-year median of 1.29)
GF Value™: ¥4.61 vs. price of ¥4.14 (10.2% below fair value)
Industry Position: 39.2% below the Industrial Products median (#894 of 2981)
No single metric tells the full story. See the SHSE:600320 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanghai Zhenhua Heavy Industries Co Business Description
Shanghai Zhenhua Heavy Industries Co Ltd manufactures heavy equipment and offers product design and aftermarket services. It constructs large port loading systems and equipment, offshore heavy equipment, engineering machinery, ships, and other large structures. In addition, the company offers environment-friendly devices, including wind power, sea water desalination, sewage treatment, and recycling equipment. Research centers and technologies help meet customers' needs, and provide innovative solutions to enhance operational performance. Offices with regional parts are scattered across the globe to supply timely responses and support preventive maintenance. The majority of total revenue comes from Asia, but the company has diversified operations to several continents.
78GF Score
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