Guangdong Guanhao High-Tech Co Ltd stock PB Ratio (=1.28) is close to 1-year low of 1.2.
The historical rank and industry rank for Guangdong Guanhao High-Tech Co's PB Ratio or its related term are showing as below:
SHSE:600433'
s PB Ratio Range Over the Past 10 Years
Min: 1.03 Med: 1.56 Max: 5
Current: 1.28
During the past 13 years, Guangdong Guanhao High-Tech Co's highest PB Ratio was 5.00. The lowest was 1.03. And the median was 1.56.
SHSE:600433's PB Ratio is ranked worse than 70.59% of 272
companies
in the Forest Products industry
Industry Median: 0.795
vs SHSE:600433: 1.28
During the past 12 months, Guangdong Guanhao High-Tech Co's average Book Value Per Share Growth Rate was -5.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -4.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -7.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 3.50% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Guangdong Guanhao High-Tech Co was 28.80% per year. The lowest was -14.50% per year. And the median was 9.70% per year.
Back to Basics: PB Ratio
Guangdong Guanhao High-Tech Co (SHSE:600433) 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.
Guangdong Guanhao High-Tech Co PB Ratio Related Terms
Guangdong Guanhao High-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.
Guangdong Guanhao High-Tech Co PB Ratio Competitor Comparison
For the Paper & Paper Products subindustry, Guangdong Guanhao High-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.
Guangdong Guanhao High-Tech Co PB Ratio vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Guangdong Guanhao High-Tech Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Guangdong Guanhao High-Tech Co's PB Ratio falls into.
Guangdong Guanhao High-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.
Guangdong Guanhao High-Tech Co (SHSE:600433) has a PB Ratio of 1.28 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 Guangdong Guanhao High-Tech Co and its competitors. This is 18% below median its historical median of 1.56. Over the past decade, Guangdong Guanhao High-Tech Co's PB Ratio has ranged from 1.03 to 5.00. According to the industry distribution chart, Guangdong Guanhao High-Tech Co ranks #192 out of 272 companies in the Forest Products industry, placing it in the top 70.6%.
Is Guangdong Guanhao High-Tech Co's PB Ratio too high?
Guangdong Guanhao High-Tech Co's current PB Ratio of 1.28 is 18% below median its 10-year median of 1.56. Over the past 10 years, this metric has ranged from a low of 1.03 to a high of 5.00. The Forest Products industry median PB Ratio is 0.80. Guangdong Guanhao High-Tech Co's value of 1.28 is 61% above this industry median. Based on the distribution chart, Guangdong Guanhao High-Tech Co ranks #192 out of 272 companies in the Forest Products industry, which is below the industry midpoint. Overall, Guangdong Guanhao High-Tech Co has a GF Score™ of 55/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Guangdong Guanhao High-Tech Co's PB Ratio compare to competitors?
According to the Forest Products industry distribution chart, Guangdong Guanhao High-Tech Co ranks #192 out of 272 companies for PB Ratio. This places Guangdong Guanhao High-Tech Co in the lower half of its industry. The industry median PB Ratio is 0.80. Guangdong Guanhao High-Tech Co's value of 1.28 is 61% above this benchmark. Historically, Guangdong Guanhao High-Tech Co's own PB Ratio has ranged from 1.03 to 5.00 over the past decade. While the company's 10-year median is 1.56 vs. the industry median of 0.80, Guangdong Guanhao High-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 a Forest Products company?
The median PB Ratio among Forest Products companies is 0.80, based on 272 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. Guangdong Guanhao High-Tech Co's current PB Ratio of 1.28 is 61% 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 Guangdong Guanhao High-Tech Co and its competitors. For the Forest Products industry, the median PB Ratio is 0.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Guangdong Guanhao High-Tech Co's current PB Ratio is 1.28, which is 18% below median its own 10-year median of 1.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guangdong Guanhao High-Tech Co stock overvalued right now?
Based on GuruFocus' analysis, Guangdong Guanhao High-Tech Co (SHSE:600433) is currently considered Fairly Valued. The stock's GF Value™ is ¥3.38, compared to a current price of ¥3.23 — trading 4.4% below its estimated fair value. The current PB Ratio is 1.28, which is 18% below median its 10-year median of 1.56 and 61% above the Forest Products industry median of 0.80. Guangdong Guanhao High-Tech Co's overall GF Score™ is 55/100 with 7 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 Guangdong Guanhao High-Tech Co (SHSE:600433), the current PB Ratio is 1.28 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 Guangdong Guanhao High-Tech Co (SHSE:600433) Overvalued in 2026?
Based on GuruFocus' analysis, Guangdong Guanhao High-Tech Co stock appears to be undervalued.
The current stock price of ¥3.23 is trading 4.4% below its estimated GF Value™ of ¥3.38.
GuruFocus considers Guangdong Guanhao High-Tech Co to be Fairly Valued.
Key valuation signals for SHSE:600433:
PB Ratio: 1.28 (18% below median its 10-year median of 1.56)
GF Value™: ¥3.38 vs. price of ¥3.23 (4.4% below fair value)
Industry Position: 61% above the Forest Products median (#192 of 272)
No single metric tells the full story. See the SHSE:600433 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Guangdong Guanhao High-Tech Co Business Description
Guangdong Guanhao High-Tech Co Ltd is a China-based company engages in the paper production business. Its products include common carbonless copy paper, special purpose carbonless copy paper and other carbonless copy paper. Its thermal paper products are mainly used in the manufacturing of bills, tags, fax materials and others.
55GF Score
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