Zhejiang Xinan Chemical Industrial Group Co (SHSE:600596) PB Ratio: 1.11 (As of Jul. 30, 2026) — 20% Below Median

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SHSE:600596 Zhejiang Xinan Chemical Industrial Group Co Ltd SHSE:600596
61 GF Score
Price ¥10.30
GF Value ¥8.74
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is Zhejiang Xinan Chemical Industrial Group Co PB Ratio?

Zhejiang Xinan Chemical Industrial Group Co SHSE:600596 +0.49% 61 PB Ratio is 1.11 as of Jul. 30, 2026, which is 20% below its 10-year median of 1.38. GuruFocus rates SHSE:600596 with a GF Score™ of 61/100 and a GF Value™ of ¥8.74 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 248 Agriculture companies, Zhejiang Xinan Chemical Industrial Group Co ranks better than 62.1% 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 (2026-07-30), Zhejiang Xinan Chemical Industrial Group Co's share price is ¥10.30. Zhejiang Xinan Chemical Industrial Group Co's Book Value per Share for the quarter that ended in Mar. 2026 was ¥9.30. Hence, Zhejiang Xinan Chemical Industrial Group Co's PB Ratio of today is 1.11.

Good Sign:

Zhejiang Xinan Chemical Industrial Group Co Ltd stock PB Ratio (=1.06) is close to 1-year low of 1.06.

The historical rank and industry rank for Zhejiang Xinan Chemical Industrial Group Co's PB Ratio or its related term are showing as below:

SHSE:600596' s PB Ratio Range Over the Past 10 Years
Min: 0.73   Med: 1.38   Max: 4.85
Current: 1.11

During the past 13 years, Zhejiang Xinan Chemical Industrial Group Co's highest PB Ratio was 4.85. The lowest was 0.73. And the median was 1.38.

SHSE:600596's PB Ratio is ranked better than
62.1% of 248 companies
in the Agriculture industry
Industry Median: 1.505 vs SHSE:600596: 1.11

During the past 12 months, Zhejiang Xinan Chemical Industrial Group Co's average Book Value Per Share Growth Rate was 0.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -2.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 8.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 10.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Zhejiang Xinan Chemical Industrial Group Co was 65.20% per year. The lowest was -2.90% per year. And the median was 11.10% per year.

Back to Basics: PB Ratio


Zhejiang Xinan Chemical Industrial Group Co  (SHSE:600596) 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.


Zhejiang Xinan Chemical Industrial Group Co PB Ratio Related Terms


Zhejiang Xinan Chemical Industrial Group Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Zhejiang Xinan Chemical Industrial Group 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.

Zhejiang Xinan Chemical Industrial Group Co PB Ratio Chart

Zhejiang Xinan Chemical Industrial Group Co 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 2.29 1.50 0.96 0.95 1.24

Zhejiang Xinan Chemical Industrial Group Co 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 0.90 0.88 1.16 1.24 1.15

SHSE:600596 vs CTVA, CF, MOS: PB Ratio Comparison

For the Agricultural Inputs subindustry, Zhejiang Xinan Chemical Industrial Group 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.


Zhejiang Xinan Chemical Industrial Group Co PB Ratio vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Zhejiang Xinan Chemical Industrial Group Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Zhejiang Xinan Chemical Industrial Group Co's PB Ratio falls into.


SHSE:600596
61GF Score
Zhejiang Xinan Chemical Industrial Group Co Ltd SHSE:600596
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zhejiang Xinan Chemical Industrial Group 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.

Zhejiang Xinan Chemical Industrial Group Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=10.30/9.302
=1.11

* 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 1.11 mean?
Zhejiang Xinan Chemical Industrial Group Co (SHSE:600596) has a PB Ratio of 1.11 as of Jul. 30, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Zhejiang Xinan Chemical Industrial Group Co and its competitors. This is 20% below median its historical median of 1.38. Over the past decade, Zhejiang Xinan Chemical Industrial Group Co's PB Ratio has ranged from 0.73 to 4.85. According to the industry distribution chart, Zhejiang Xinan Chemical Industrial Group Co ranks #94 out of 248 companies in the Agriculture industry, placing it in the top 37.9%.
Is Zhejiang Xinan Chemical Industrial Group Co's PB Ratio too high?
Zhejiang Xinan Chemical Industrial Group Co's current PB Ratio of 1.11 is 20% below median its 10-year median of 1.38. Over the past 10 years, this metric has ranged from a low of 0.73 to a high of 4.85. The Agriculture industry median PB Ratio is 1.51. Zhejiang Xinan Chemical Industrial Group Co's value of 1.11 is 26.2% below this industry median. Based on the distribution chart, Zhejiang Xinan Chemical Industrial Group Co ranks #94 out of 248 companies in the Agriculture industry, which is above the industry midpoint. Overall, Zhejiang Xinan Chemical Industrial Group Co has a GF Score™ of 61/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Xinan Chemical Industrial Group Co's PB Ratio compare to CTVA and CF?
According to the Agriculture industry distribution chart, Zhejiang Xinan Chemical Industrial Group Co ranks #94 out of 248 companies for PB Ratio. This puts Zhejiang Xinan Chemical Industrial Group Co in the upper half of its industry. The industry median PB Ratio is 1.51. Zhejiang Xinan Chemical Industrial Group Co's value of 1.11 is 26.2% below this benchmark. Historically, Zhejiang Xinan Chemical Industrial Group Co's own PB Ratio has ranged from 0.73 to 4.85 over the past decade. While the company's 10-year median is 1.38 vs. the industry median of 1.51, Zhejiang Xinan Chemical Industrial Group Co 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 an Agriculture company?
The median PB Ratio among Agriculture companies is 1.51, based on 248 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. Zhejiang Xinan Chemical Industrial Group Co's current PB Ratio of 1.11 is 26.2% 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 Zhejiang Xinan Chemical Industrial Group Co and its competitors. For the Agriculture industry, the median PB Ratio is 1.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Xinan Chemical Industrial Group Co's current PB Ratio is 1.11, which is 20% below median its own 10-year median of 1.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Xinan Chemical Industrial Group Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Xinan Chemical Industrial Group Co (SHSE:600596) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥8.74, compared to a current price of ¥10.30 — trading 17.8% above its estimated fair value. The current PB Ratio is 1.11, which is 20% below median its 10-year median of 1.38 and 26.2% below the Agriculture industry median of 1.51. Zhejiang Xinan Chemical Industrial Group Co's overall GF Score™ is 61/100 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 Zhejiang Xinan Chemical Industrial Group Co (SHSE:600596), the current PB Ratio is 1.11 as of Jul. 30, 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 Zhejiang Xinan Chemical Industrial Group Co (SHSE:600596) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Xinan Chemical Industrial Group Co stock appears to be overvalued. The current stock price of ¥10.30 is trading 17.8% above its estimated GF Value™ of ¥8.74. GuruFocus considers Zhejiang Xinan Chemical Industrial Group Co to be Modestly Overvalued.

Key valuation signals for SHSE:600596:

  • PB Ratio: 1.11 (20% below median its 10-year median of 1.38)
  • GF Value™: ¥8.74 vs. price of ¥10.30 (17.8% above fair value)
  • GF Score™: 61/100 with 7 warning signs
  • Industry Position: 26.2% below the Agriculture median (#94 of 248)

No single metric tells the full story. See the SHSE:600596 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhejiang Xinan Chemical Industrial Group Co Business Description

Address 555 Xin\'an Road East, Xin\'anjiang, Jiande, Zhejiang, CHN, 311600
Zhejiang Xinan Chemical Industrial Group Co Ltd is engaged in crop protection products and organic silicon materials. It also manufactures pesticide and fungicides; based on synthesized organic silicon monomers, a complete organic industry chain.
61GF Score

Get the complete analysis for SHSE:600596

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

¥10.30
Price
¥8.74
GF Value