SHSE:600343'
s PB Ratio Range Over the Past 10 Years
Min: 2.13 Med: 3.35 Max: 24.14
Current: 13.89
During the past 13 years, Shaanxi Aerospace Power Hi-Tech Co's highest PB Ratio was 24.14. The lowest was 2.13. And the median was 3.35.
SHSE:600343's PB Ratio is ranked worse than 95.31% of 2985
companies
in the Industrial Products industry
Industry Median: 2.25
vs SHSE:600343: 13.89
During the past 12 months, Shaanxi Aerospace Power Hi-Tech Co's average Book Value Per Share Growth Rate was -11.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -11.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -9.30% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -5.00% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Shaanxi Aerospace Power Hi-Tech Co was 28.50% per year. The lowest was -11.20% per year. And the median was 3.10% per year.
Back to Basics: PB Ratio
Shaanxi Aerospace Power Hi-Tech Co (SHSE:600343) 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.
Shaanxi Aerospace Power Hi-Tech Co PB Ratio Related Terms
Shaanxi Aerospace Power Hi-Tech 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.
For the Specialty Industrial Machinery subindustry, Shaanxi Aerospace Power Hi-Tech 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.
Shaanxi Aerospace Power Hi-Tech Co PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Shaanxi Aerospace Power Hi-Tech Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Shaanxi Aerospace Power Hi-Tech Co's PB Ratio falls into.
Shaanxi Aerospace Power Hi-Tech 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.
Shaanxi Aerospace Power Hi-Tech Co (SHSE:600343) has a PB Ratio of 13.89 as of Jul. 12, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Shaanxi Aerospace Power Hi-Tech Co and its competitors. This is 315% above median its historical median of 3.35. Over the past decade, Shaanxi Aerospace Power Hi-Tech Co's PB Ratio has ranged from 2.13 to 24.14. According to the industry distribution chart, Shaanxi Aerospace Power Hi-Tech Co ranks #2845 out of 2985 companies in the Industrial Products industry, placing it in the top 95.3%.
Is Shaanxi Aerospace Power Hi-Tech Co's PB Ratio too high?
Shaanxi Aerospace Power Hi-Tech Co's current PB Ratio of 13.89 is 315% above median its 10-year median of 3.35. Over the past 10 years, this metric has ranged from a low of 2.13 to a high of 24.14. The Industrial Products industry median PB Ratio is 2.25. Shaanxi Aerospace Power Hi-Tech Co's value of 13.89 is 517.3% above this industry median. Based on the distribution chart, Shaanxi Aerospace Power Hi-Tech Co ranks #2845 out of 2985 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Shaanxi Aerospace Power Hi-Tech Co has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shaanxi Aerospace Power Hi-Tech Co's PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Shaanxi Aerospace Power Hi-Tech Co ranks #2845 out of 2985 companies for PB Ratio. This places Shaanxi Aerospace Power Hi-Tech Co in the lower half of its industry. The industry median PB Ratio is 2.25. Shaanxi Aerospace Power Hi-Tech Co's value of 13.89 is 517.3% above this benchmark. Historically, Shaanxi Aerospace Power Hi-Tech Co's own PB Ratio has ranged from 2.13 to 24.14 over the past decade. While the company's 10-year median is 3.35 vs. the industry median of 2.25, Shaanxi Aerospace Power Hi-Tech 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 Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.25, based on 2,985 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. Shaanxi Aerospace Power Hi-Tech Co's current PB Ratio of 13.89 is 517.3% 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 Shaanxi Aerospace Power Hi-Tech Co and its competitors. For the Industrial Products industry, the median PB Ratio is 2.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shaanxi Aerospace Power Hi-Tech Co's current PB Ratio is 13.89, which is 315% above median its own 10-year median of 3.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shaanxi Aerospace Power Hi-Tech Co stock overvalued right now?
Based on GuruFocus' analysis, Shaanxi Aerospace Power Hi-Tech Co (SHSE:600343) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥8.65, compared to a current price of ¥27.72 — trading 220.5% above its estimated fair value. The current PB Ratio is 13.89, which is 315% above median its 10-year median of 3.35 and 517.3% above the Industrial Products industry median of 2.25. Shaanxi Aerospace Power Hi-Tech Co's overall GF Score™ is 41/100 with 4 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 Shaanxi Aerospace Power Hi-Tech Co (SHSE:600343), the current PB Ratio is 13.89 as of Jul. 12, 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 Shaanxi Aerospace Power Hi-Tech Co (SHSE:600343) Overvalued in 2026?
Based on GuruFocus' analysis, Shaanxi Aerospace Power Hi-Tech Co stock appears to be overvalued.
The current stock price of ¥27.72 is trading 220.5% above its estimated GF Value™ of ¥8.65.
GuruFocus considers Shaanxi Aerospace Power Hi-Tech Co to be Significantly Overvalued.
Key valuation signals for SHSE:600343:
PB Ratio: 13.89 (315% above median its 10-year median of 3.35)
GF Value™: ¥8.65 vs. price of ¥27.72 (220.5% above fair value)
Industry Position: 517.3% above the Industrial Products median (#2845 of 2985)
No single metric tells the full story. See the SHSE:600343 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shaanxi Aerospace Power Hi-Tech Co Business Description
Shaanxi Aerospace Power Hi-Tech Co Ltd is primarily engaged in the research, development and production of torque converters, special pumps, smart instrumentations, mechanical and electrical products and non-standard equipment.
41GF Score
Get the complete analysis for SHSE:600343
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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