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Shanghai Huayi GroupSHSE:600623 +0.25%67 PB Ratio is 0.76 as of Jul. 21, 2026, which is 6% below its 10-year median of 0.81. GuruFocus rates SHSE:600623 with a GF Score™ of 67/100 and a GF Value™ of ¥7.66 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,576 Chemicals companies, Shanghai Huayi Group ranks better than 81.35% on this metric.
Shanghai Huayi Group Corp Ltd stock PB Ratio (=0.73) is close to 1-year low of 0.71.
The historical rank and industry rank for Shanghai Huayi Group's PB Ratio or its related term are showing as below:
SHSE:600623'
s PB Ratio Range Over the Past 10 Years
Min: 0.53 Med: 0.81 Max: 2.8
Current: 0.76
During the past 13 years, Shanghai Huayi Group's highest PB Ratio was 2.80. The lowest was 0.53. And the median was 0.81.
SHSE:600623's PB Ratio is ranked better than 81.35% of 1576
companies
in the Chemicals industry
Industry Median: 1.63
vs SHSE:600623: 0.76
During the past 12 months, Shanghai Huayi Group's average Book Value Per Share Growth Rate was -0.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 1.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 4.50% 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 Shanghai Huayi Group was 98.60% per year. The lowest was -21.70% per year. And the median was 5.40% per year.
Back to Basics: PB Ratio
Shanghai Huayi Group (SHSE:600623) 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.
Shanghai Huayi Group PB Ratio Related Terms
Shanghai Huayi Group PB Ratio Historical Data
* Premium members only.
The historical data trend for Shanghai Huayi Group'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 Chemicals subindustry, Shanghai Huayi Group'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.
Shanghai Huayi Group PB Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Shanghai Huayi Group's PB Ratio distribution charts can be found below:
* The bar in red indicates where Shanghai Huayi Group'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.
Shanghai Huayi Group (SHSE:600623) has a PB Ratio of 0.76 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 Shanghai Huayi Group and its competitors. This is near median its historical median of 0.81. Over the past decade, Shanghai Huayi Group's PB Ratio has ranged from 0.53 to 2.80. According to the industry distribution chart, Shanghai Huayi Group ranks #294 out of 1576 companies in the Chemicals industry, placing it in the top 18.7%.
Is Shanghai Huayi Group's PB Ratio too high?
Shanghai Huayi Group's current PB Ratio of 0.76 is near median its 10-year median of 0.81. Over the past 10 years, this metric has ranged from a low of 0.53 to a high of 2.80. The Chemicals industry median PB Ratio is 1.63. Shanghai Huayi Group's value of 0.76 is 53.4% below this industry median. Based on the distribution chart, Shanghai Huayi Group ranks #294 out of 1576 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Shanghai Huayi Group has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Huayi Group's PB Ratio compare to DOW?
According to the Chemicals industry distribution chart, Shanghai Huayi Group ranks #294 out of 1576 companies for PB Ratio. This places Shanghai Huayi Group in the top 19% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.63. Shanghai Huayi Group's value of 0.76 is 53.4% below this benchmark. Historically, Shanghai Huayi Group's own PB Ratio has ranged from 0.53 to 2.80 over the past decade. While the company's 10-year median is 0.81 vs. the industry median of 1.63, Shanghai Huayi Group 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 Chemicals company?
The median PB Ratio among Chemicals companies is 1.63, based on 1,576 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. Shanghai Huayi Group's current PB Ratio of 0.76 is 53.4% 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 Shanghai Huayi Group and its competitors. For the Chemicals industry, the median PB Ratio is 1.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Huayi Group's current PB Ratio is 0.76, which is near median its own 10-year median of 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Huayi Group stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Huayi Group (SHSE:600623) is currently considered Fairly Valued. The stock's GF Value™ is ¥7.66, compared to a current price of ¥8.02 — trading 4.7% above its estimated fair value. The current PB Ratio is 0.76, which is near median its 10-year median of 0.81 and 53.4% below the Chemicals industry median of 1.63. Shanghai Huayi Group's overall GF Score™ is 67/100 with 8 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 Shanghai Huayi Group (SHSE:600623), the current PB Ratio is 0.76 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 Shanghai Huayi Group (SHSE:600623) Overvalued in 2026?
Based on GuruFocus' analysis, Shanghai Huayi Group stock appears to be overvalued.
The current stock price of ¥8.02 is trading 4.7% above its estimated GF Value™ of ¥7.66.
GuruFocus considers Shanghai Huayi Group to be Fairly Valued.
Key valuation signals for SHSE:600623:
PB Ratio: 0.76 (near median its 10-year median of 0.81)
GF Value™: ¥7.66 vs. price of ¥8.02 (4.7% above fair value)
Industry Position: 53.4% below the Chemicals median (#294 of 1576)
No single metric tells the full story. See the SHSE:600623 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanghai Huayi Group Corp Ltd is a chemical company. Its products include methanol, carbon monoxide, syngas and sulfuric acid and other chemical products.
67GF Score
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