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Ningbo Yunsheng CoSHSE:600366 +3.28%63 PB Ratio is 2.45 as of Jul. 14, 2026, which is 45% above its 10-year median of 1.69. GuruFocus rates SHSE:600366 with a GF Score™ of 63/100 and a GF Value™ of ¥9.54 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,983 Industrial Products companies, Ningbo Yunsheng Co ranks worse than 55.31% on this metric.
The historical rank and industry rank for Ningbo Yunsheng Co's PB Ratio or its related term are showing as below:
SHSE:600366'
s PB Ratio Range Over the Past 10 Years
Min: 0.95 Med: 1.69 Max: 3.2
Current: 2.45
During the past 13 years, Ningbo Yunsheng Co's highest PB Ratio was 3.20. The lowest was 0.95. And the median was 1.69.
SHSE:600366's PB Ratio is ranked worse than 55.31% of 2983
companies
in the Industrial Products industry
Industry Median: 2.18
vs SHSE:600366: 2.45
During the past 12 months, Ningbo Yunsheng Co's average Book Value Per Share Growth Rate was 7.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 0.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 4.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 3.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Ningbo Yunsheng Co was 52.60% per year. The lowest was -2.70% per year. And the median was 7.60% per year.
Back to Basics: PB Ratio
Ningbo Yunsheng Co (SHSE:600366) 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.
Ningbo Yunsheng Co PB Ratio Related Terms
Ningbo Yunsheng Co PB Ratio Historical Data
* Premium members only.
The historical data trend for Ningbo Yunsheng 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.
SHSE:600366 vs SNA, RBC, LECO: PB Ratio Comparison
For the Tools & Accessories subindustry, Ningbo Yunsheng 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.
Ningbo Yunsheng Co PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Ningbo Yunsheng Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Ningbo Yunsheng Co's PB Ratio falls into.
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.
Ningbo Yunsheng Co (SHSE:600366) has a PB Ratio of 2.45 as of Jul. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Ningbo Yunsheng Co and its competitors. This is 45% above median its historical median of 1.69. Over the past decade, Ningbo Yunsheng Co's PB Ratio has ranged from 0.95 to 3.20. According to the industry distribution chart, Ningbo Yunsheng Co ranks #1650 out of 2983 companies in the Industrial Products industry, placing it in the top 55.3%.
Is Ningbo Yunsheng Co's PB Ratio too high?
Ningbo Yunsheng Co's current PB Ratio of 2.45 is 45% above median its 10-year median of 1.69. Over the past 10 years, this metric has ranged from a low of 0.95 to a high of 3.20. The Industrial Products industry median PB Ratio is 2.18. Ningbo Yunsheng Co's value of 2.45 is 12.4% above this industry median. Based on the distribution chart, Ningbo Yunsheng Co ranks #1650 out of 2983 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Ningbo Yunsheng Co has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Yunsheng Co's PB Ratio compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Ningbo Yunsheng Co ranks #1650 out of 2983 companies for PB Ratio. This places Ningbo Yunsheng Co in the lower half of its industry. The industry median PB Ratio is 2.18. Ningbo Yunsheng Co's value of 2.45 is 12.4% above this benchmark. Historically, Ningbo Yunsheng Co's own PB Ratio has ranged from 0.95 to 3.20 over the past decade. While the company's 10-year median is 1.69 vs. the industry median of 2.18, Ningbo Yunsheng 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 2.18, based on 2,983 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. Ningbo Yunsheng Co's current PB Ratio of 2.45 is 12.4% 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 Ningbo Yunsheng Co and its competitors. For the Industrial Products industry, the median PB Ratio is 2.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo Yunsheng Co's current PB Ratio is 2.45, which is 45% above median its own 10-year median of 1.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Yunsheng Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Yunsheng Co (SHSE:600366) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥9.54, compared to a current price of ¥14.18 — trading 48.6% above its estimated fair value. The current PB Ratio is 2.45, which is 45% above median its 10-year median of 1.69 and 12.4% above the Industrial Products industry median of 2.18. Ningbo Yunsheng Co's overall GF Score™ is 63/100 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 Ningbo Yunsheng Co (SHSE:600366), the current PB Ratio is 2.45 as of Jul. 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 Ningbo Yunsheng Co (SHSE:600366) Overvalued in 2026?
Based on GuruFocus' analysis, Ningbo Yunsheng Co stock appears to be overvalued.
The current stock price of ¥14.18 is trading 48.6% above its estimated GF Value™ of ¥9.54.
GuruFocus considers Ningbo Yunsheng Co to be Significantly Overvalued.
Key valuation signals for SHSE:600366:
PB Ratio: 2.45 (45% above median its 10-year median of 1.69)
GF Value™: ¥9.54 vs. price of ¥14.18 (48.6% above fair value)
Industry Position: 12.4% above the Industrial Products median (#1650 of 2983)
No single metric tells the full story. See the SHSE:600366 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ningbo Yunsheng Co Ltd is engaged in the research and development, manufacture, and sale of rare earth permanent magnet materials. Its products include Radiation ring splicing assembly, Plane rotor assembly, Laminated magnetic steel assembly, Permanent magnet rotor assembly for servo motor. Its products are widely used in electronic information, industrial equipment, automotive, medical and other fields which are exported to Europe, the United States and Southeast Asian countries and regions.
63GF Score
Get the complete analysis for SHSE:600366
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