Lingyun Industrial (SHSE:600480) PB Ratio: 1.20 (As of Jul. 17, 2026) — 14% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:600480 Lingyun Industrial Corp Ltd SHSE:600480
69 GF Score
Price ¥8.08
GF Value ¥9.19
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Lingyun Industrial PB Ratio?

Lingyun Industrial SHSE:600480 -4.94% 69 PB Ratio is 1.20 as of Jul. 17, 2026, which is 14% below its 10-year median of 1.39. GuruFocus rates SHSE:600480 with a GF Score™ of 69/100 and a GF Value™ of ¥9.19 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,294 Vehicles & Parts companies, Lingyun Industrial ranks better than 54.64% on this metric.

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. As of today (2026-07-17), Lingyun Industrial's share price is ¥8.08. Lingyun Industrial's Book Value per Share for the quarter that ended in Mar. 2026 was ¥6.75. Hence, Lingyun Industrial's PB Ratio of today is 1.20.

Good Sign:

Lingyun Industrial Corp Ltd stock PB Ratio (=1.3) is close to 1-year low of 1.2.

The historical rank and industry rank for Lingyun Industrial's PB Ratio or its related term are showing as below:

SHSE:600480' s PB Ratio Range Over the Past 10 Years
Min: 0.71   Med: 1.39   Max: 3.13
Current: 1.2

During the past 13 years, Lingyun Industrial's highest PB Ratio was 3.13. The lowest was 0.71. And the median was 1.39.

SHSE:600480's PB Ratio is ranked better than
54.64% of 1294 companies
in the Vehicles & Parts industry
Industry Median: 1.37 vs SHSE:600480: 1.20

During the past 12 months, Lingyun Industrial's average Book Value Per Share Growth Rate was 5.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 6.80% 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 4.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Lingyun Industrial was 40.70% per year. The lowest was 0.60% per year. And the median was 13.40% per year.

Back to Basics: PB Ratio


Lingyun Industrial  (SHSE:600480) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.


Lingyun Industrial PB Ratio Related Terms


Lingyun Industrial PB Ratio Historical Data

* Premium members only.

The historical data trend for Lingyun Industrial'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.

Lingyun Industrial PB Ratio Chart

Lingyun Industrial Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.57 1.21 1.22 1.36 1.87

Lingyun Industrial Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.00 1.92 2.18 1.87 1.46

SHSE:600480 vs ORLY, AZO: PB Ratio Comparison

For the Auto Parts subindustry, Lingyun Industrial'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.


Lingyun Industrial PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Lingyun Industrial's PB Ratio distribution charts can be found below:

* The bar in red indicates where Lingyun Industrial's PB Ratio falls into.


SHSE:600480
69GF Score
Lingyun Industrial Corp Ltd SHSE:600480
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lingyun Industrial 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.

Lingyun Industrial's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=8.08/6.75
=1.20

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 1.20 mean?
Lingyun Industrial (SHSE:600480) has a PB Ratio of 1.20 as of Jul. 17, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Lingyun Industrial and its competitors. This is 14% below median its historical median of 1.39. Over the past decade, Lingyun Industrial's PB Ratio has ranged from 0.71 to 3.13. According to the industry distribution chart, Lingyun Industrial ranks #587 out of 1294 companies in the Vehicles & Parts industry, placing it in the top 45.4%.
Is Lingyun Industrial's PB Ratio too high?
Lingyun Industrial's current PB Ratio of 1.20 is 14% below median its 10-year median of 1.39. Over the past 10 years, this metric has ranged from a low of 0.71 to a high of 3.13. The Vehicles & Parts industry median PB Ratio is 1.37. Lingyun Industrial's value of 1.20 is 12.4% below this industry median. Based on the distribution chart, Lingyun Industrial ranks #587 out of 1294 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Lingyun Industrial has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lingyun Industrial's PB Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Lingyun Industrial ranks #587 out of 1294 companies for PB Ratio. This puts Lingyun Industrial in the upper half of its industry. The industry median PB Ratio is 1.37. Lingyun Industrial's value of 1.20 is 12.4% below this benchmark. Historically, Lingyun Industrial's own PB Ratio has ranged from 0.71 to 3.13 over the past decade. While the company's 10-year median is 1.39 vs. the industry median of 1.37, Lingyun Industrial 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 a Vehicles & Parts company?
The median PB Ratio among Vehicles & Parts companies is 1.37, based on 1,294 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. Lingyun Industrial's current PB Ratio of 1.20 is 12.4% 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 Lingyun Industrial and its competitors. For the Vehicles & Parts industry, the median PB Ratio is 1.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lingyun Industrial's current PB Ratio is 1.20, which is 14% below median its own 10-year median of 1.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lingyun Industrial stock overvalued right now?
Based on GuruFocus' analysis, Lingyun Industrial (SHSE:600480) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥9.19, compared to a current price of ¥8.08 — trading 12.1% below its estimated fair value. The current PB Ratio is 1.20, which is 14% below median its 10-year median of 1.39 and 12.4% below the Vehicles & Parts industry median of 1.37. Lingyun Industrial's overall GF Score™ is 69/100 with 2 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 Lingyun Industrial (SHSE:600480), the current PB Ratio is 1.20 as of Jul. 17, 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 Lingyun Industrial (SHSE:600480) Overvalued in 2026?

Based on GuruFocus' analysis, Lingyun Industrial stock appears to be undervalued. The current stock price of ¥8.08 is trading 12.1% below its estimated GF Value™ of ¥9.19. GuruFocus considers Lingyun Industrial to be Modestly Undervalued.

Key valuation signals for SHSE:600480:

  • PB Ratio: 1.20 (14% below median its 10-year median of 1.39)
  • GF Value™: ¥9.19 vs. price of ¥8.08 (12.1% below fair value)
  • GF Score™: 69/100 with 2 warning signs
  • Industry Position: 12.4% below the Vehicles & Parts median (#587 of 1294)

No single metric tells the full story. See the SHSE:600480 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lingyun Industrial Business Description

Address Songlindian Town, Zhuozhou, Hebei, CHN, 072761
Lingyun Industrial Corp Ltd is a China-based company engaged in the production and distribution of metal auto parts, plastic auto parts, and PE pipe system. The company's main products include Battery case, Injection welding pipe fittings, Pipe products, Electric heating pipe fittings, PP winding tube, Decorative seal, Car decoration and Car rubber and nylon pipe.
69GF Score

Get the complete analysis for SHSE:600480

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥8.08
Price
¥9.19
GF Value