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SHSE:600458's PB Ratio is ranked worse than 63.14% of 548
companies
in the Conglomerates industry
Industry Median: 1.045
vs SHSE:600458: 1.34
During the past 12 months, Zhuzhou Times New Materials Technology Co's average Book Value Per Share Growth Rate was 13.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 7.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 7.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 2.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Zhuzhou Times New Materials Technology Co was 54.00% per year. The lowest was -6.00% per year. And the median was 8.50% per year.
Back to Basics: PB Ratio
Zhuzhou Times New Materials Technology Co (SHSE:600458) 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.
Zhuzhou Times New Materials Technology Co PB Ratio Related Terms
Zhuzhou Times New Materials Technology 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.
Zhuzhou Times New Materials Technology Co PB Ratio Chart
Zhuzhou Times New Materials Technology Co Annual Data
For the Conglomerates subindustry, Zhuzhou Times New Materials Technology 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.
Zhuzhou Times New Materials Technology Co PB Ratio vs Conglomerates Industry
Zhuzhou Times New Materials Technology 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.
Zhuzhou Times New Materials Technology Co (SHSE:600458) has a PB Ratio of 1.34 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 Zhuzhou Times New Materials Technology Co and its competitors. This is 12% below median its historical median of 1.52. Over the past decade, Zhuzhou Times New Materials Technology Co's PB Ratio has ranged from 1.03 to 2.91. According to the industry distribution chart, Zhuzhou Times New Materials Technology Co ranks #346 out of 548 companies in the Conglomerates industry, placing it in the top 63.1%.
Is Zhuzhou Times New Materials Technology Co's PB Ratio too high?
Zhuzhou Times New Materials Technology Co's current PB Ratio of 1.34 is 12% below median its 10-year median of 1.52. Over the past 10 years, this metric has ranged from a low of 1.03 to a high of 2.91. The Conglomerates industry median PB Ratio is 1.05. Zhuzhou Times New Materials Technology Co's value of 1.34 is 28.2% above this industry median. Based on the distribution chart, Zhuzhou Times New Materials Technology Co ranks #346 out of 548 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Zhuzhou Times New Materials Technology Co has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zhuzhou Times New Materials Technology Co's PB Ratio compare to HON and MMM?
According to the Conglomerates industry distribution chart, Zhuzhou Times New Materials Technology Co ranks #346 out of 548 companies for PB Ratio. This places Zhuzhou Times New Materials Technology Co in the lower half of its industry. The industry median PB Ratio is 1.05. Zhuzhou Times New Materials Technology Co's value of 1.34 is 28.2% above this benchmark. Historically, Zhuzhou Times New Materials Technology Co's own PB Ratio has ranged from 1.03 to 2.91 over the past decade. While the company's 10-year median is 1.52 vs. the industry median of 1.05, Zhuzhou Times New Materials Technology 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 Conglomerates company?
The median PB Ratio among Conglomerates companies is 1.05, based on 548 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. Zhuzhou Times New Materials Technology Co's current PB Ratio of 1.34 is 28.2% 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 Zhuzhou Times New Materials Technology Co and its competitors. For the Conglomerates industry, the median PB Ratio is 1.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhuzhou Times New Materials Technology Co's current PB Ratio is 1.34, which is 12% below median its own 10-year median of 1.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhuzhou Times New Materials Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Zhuzhou Times New Materials Technology Co (SHSE:600458) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥13.11, compared to a current price of ¥11.59 — trading 11.6% below its estimated fair value. The current PB Ratio is 1.34, which is 12% below median its 10-year median of 1.52 and 28.2% above the Conglomerates industry median of 1.05. Zhuzhou Times New Materials Technology Co's overall GF Score™ is 82/100 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 Zhuzhou Times New Materials Technology Co (SHSE:600458), the current PB Ratio is 1.34 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 Zhuzhou Times New Materials Technology Co (SHSE:600458) Overvalued in 2026?
Based on GuruFocus' analysis, Zhuzhou Times New Materials Technology Co stock appears to be undervalued.
The current stock price of ¥11.59 is trading 11.6% below its estimated GF Value™ of ¥13.11.
GuruFocus considers Zhuzhou Times New Materials Technology Co to be Modestly Undervalued.
Key valuation signals for SHSE:600458:
PB Ratio: 1.34 (12% below median its 10-year median of 1.52)
GF Value™: ¥13.11 vs. price of ¥11.59 (11.6% below fair value)
Industry Position: 28.2% above the Conglomerates median (#346 of 548)
No single metric tells the full story. See the SHSE:600458 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhuzhou Times New Materials Technology Co Business Description
Zhuzhou Times New Materials Technology Co Ltd is a China-based company mainly engaged in the research and development and engineering application of polymer materials such as vibration reduction, noise reduction, and lightweight. Its products are extended to rubber, plastics, composite materials and functional materials, mainly for rail transportation, automobiles, new energy and Special equipment and other fields.
82GF Score
Get the complete analysis for SHSE:600458
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