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Jinbei Automotive CoSHSE:600609 -1.25%55 PB Ratio is 2.42 as of Jul. 21, 2026, which is 73% below its 10-year median of 8.94. GuruFocus rates SHSE:600609 with a GF Score™ of 55/100 and a GF Value™ of ¥4.46 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,294 Vehicles & Parts companies, Jinbei Automotive Co ranks worse than 71.79% on this metric.
Jinbei Automotive Co Ltd stock PB Ratio (=2.46) is close to 10-year low of 2.43.
The historical rank and industry rank for Jinbei Automotive Co's PB Ratio or its related term are showing as below:
SHSE:600609'
s PB Ratio Range Over the Past 10 Years
Min: 2.41 Med: 8.94 Max: 336.67
Current: 2.42
During the past 13 years, Jinbei Automotive Co's highest PB Ratio was 336.67. The lowest was 2.41. And the median was 8.94.
SHSE:600609's PB Ratio is ranked worse than 71.79% of 1294
companies
in the Vehicles & Parts industry
Industry Median: 1.355
vs SHSE:600609: 2.42
During the past 12 months, Jinbei Automotive Co's average Book Value Per Share Growth Rate was 15.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 21.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 23.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 25.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Jinbei Automotive Co was 117.40% per year. The lowest was -61.10% per year. And the median was -1.70% per year.
Back to Basics: PB Ratio
Jinbei Automotive Co (SHSE:600609) 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.
Jinbei Automotive Co PB Ratio Related Terms
Jinbei Automotive Co PB Ratio Historical Data
* Premium members only.
The historical data trend for Jinbei Automotive 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.
For the Auto Parts subindustry, Jinbei Automotive 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.
Jinbei Automotive Co PB Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Jinbei Automotive Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Jinbei Automotive 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.
Jinbei Automotive Co (SHSE:600609) has a PB Ratio of 2.42 as of Jul. 21, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Jinbei Automotive Co and its competitors. This is 73% below median its historical median of 8.94. Over the past decade, Jinbei Automotive Co's PB Ratio has ranged from 2.41 to 336.67. According to the industry distribution chart, Jinbei Automotive Co ranks #929 out of 1294 companies in the Vehicles & Parts industry, placing it in the top 71.8%.
Is Jinbei Automotive Co's PB Ratio too high?
Jinbei Automotive Co's current PB Ratio of 2.42 is 73% below median its 10-year median of 8.94. Over the past 10 years, this metric has ranged from a low of 2.41 to a high of 336.67. The Vehicles & Parts industry median PB Ratio is 1.36. Jinbei Automotive Co's value of 2.42 is 78.6% above this industry median. Based on the distribution chart, Jinbei Automotive Co ranks #929 out of 1294 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Jinbei Automotive Co has a GF Score™ of 55/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jinbei Automotive Co's PB Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Jinbei Automotive Co ranks #929 out of 1294 companies for PB Ratio. This places Jinbei Automotive Co in the lower half of its industry. The industry median PB Ratio is 1.36. Jinbei Automotive Co's value of 2.42 is 78.6% above this benchmark. Historically, Jinbei Automotive Co's own PB Ratio has ranged from 2.41 to 336.67 over the past decade. While the company's 10-year median is 8.94 vs. the industry median of 1.36, Jinbei Automotive 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 Vehicles & Parts company?
The median PB Ratio among Vehicles & Parts companies is 1.36, 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. Jinbei Automotive Co's current PB Ratio of 2.42 is 78.6% 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 Jinbei Automotive Co and its competitors. For the Vehicles & Parts industry, the median PB Ratio is 1.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jinbei Automotive Co's current PB Ratio is 2.42, which is 73% below median its own 10-year median of 8.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jinbei Automotive Co stock overvalued right now?
Based on GuruFocus' analysis, Jinbei Automotive Co (SHSE:600609) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥4.46, compared to a current price of ¥3.15 — trading 29.4% below its estimated fair value. The current PB Ratio is 2.42, which is 73% below median its 10-year median of 8.94 and 78.6% above the Vehicles & Parts industry median of 1.36. Jinbei Automotive Co's overall GF Score™ is 55/100 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 Jinbei Automotive Co (SHSE:600609), the current PB Ratio is 2.42 as of Jul. 21, 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 Jinbei Automotive Co (SHSE:600609) Overvalued in 2026?
Based on GuruFocus' analysis, Jinbei Automotive Co stock appears to be undervalued.
The current stock price of ¥3.15 is trading 29.4% below its estimated GF Value™ of ¥4.46.
GuruFocus considers Jinbei Automotive Co to be Modestly Undervalued.
Key valuation signals for SHSE:600609:
PB Ratio: 2.42 (73% below median its 10-year median of 8.94)
GF Value™: ¥4.46 vs. price of ¥3.15 (29.4% below fair value)
Industry Position: 78.6% above the Vehicles & Parts median (#929 of 1294)
No single metric tells the full story. See the SHSE:600609 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jinbei Automotive Co Ltd is engaged in the design, production, and sale of automotive parts. Its business scope includes automobile and automotive parts manufacturing, the development of automobile-related technologies, technical consulting services, technology transfer activities, industrial investment, and intellectual property-related services.
55GF Score
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