Shanghai Fudan Forward S&T Co (SHSE:600624) PB Ratio: 5.56 (As of Jul. 24, 2026) — 11% Above Median

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Director of Data and Quant Analytics at GuruFocus
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SHSE:600624 Shanghai Fudan Forward S&T Co Ltd SHSE:600624
36 GF Score
Price ¥3.48
GF Value ¥4.97
Valuation Possible Value Trap
! 5 Warning Signs
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What is Shanghai Fudan Forward S&T Co PB Ratio?

Shanghai Fudan Forward S&T Co SHSE:600624 +1.75% 36 PB Ratio is 5.56 as of Jul. 24, 2026, which is 11% above its 10-year median of 5.03. GuruFocus rates SHSE:600624 with a GF Score™ of 36/100 and a GF Value™ of ¥4.97 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 547 Conglomerates companies, Shanghai Fudan Forward S&T Co ranks worse than 93.6% 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 (2026-07-24), Shanghai Fudan Forward S&T Co's share price is ¥3.48. Shanghai Fudan Forward S&T Co's Book Value per Share for the quarter that ended in Mar. 2026 was ¥0.63. Hence, Shanghai Fudan Forward S&T Co's PB Ratio of today is 5.56.

Good Sign:

Shanghai Fudan Forward S&T Co Ltd stock PB Ratio (=5.45) is close to 1-year low of 5.35.

The historical rank and industry rank for Shanghai Fudan Forward S&T Co's PB Ratio or its related term are showing as below:

SHSE:600624' s PB Ratio Range Over the Past 10 Years
Min: 2.42   Med: 5.03   Max: 9.52
Current: 5.52

During the past 13 years, Shanghai Fudan Forward S&T Co's highest PB Ratio was 9.52. The lowest was 2.42. And the median was 5.03.

SHSE:600624's PB Ratio is ranked worse than
93.6% of 547 companies
in the Conglomerates industry
Industry Median: 1.04 vs SHSE:600624: 5.52

During the past 12 months, Shanghai Fudan Forward S&T Co's average Book Value Per Share Growth Rate was -32.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -18.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -12.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -6.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Shanghai Fudan Forward S&T Co was 26.40% per year. The lowest was -18.10% per year. And the median was 3.10% per year.

Back to Basics: PB Ratio


Shanghai Fudan Forward S&T Co  (SHSE:600624) 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.


Shanghai Fudan Forward S&T Co PB Ratio Related Terms


Shanghai Fudan Forward S&T Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Shanghai Fudan Forward S&T 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.

Shanghai Fudan Forward S&T Co PB Ratio Chart

Shanghai Fudan Forward S&T 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 5.65 4.87 5.03 7.06 8.20

Shanghai Fudan Forward S&T 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 7.78 7.55 5.63 8.20 7.41

SHSE:600624 vs HON, MMM: PB Ratio Comparison

For the Conglomerates subindustry, Shanghai Fudan Forward S&T 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.


Shanghai Fudan Forward S&T Co PB Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Shanghai Fudan Forward S&T Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Shanghai Fudan Forward S&T Co's PB Ratio falls into.


SHSE:600624
36GF Score
Shanghai Fudan Forward S&T Co Ltd SHSE:600624
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shanghai Fudan Forward S&T 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.

Shanghai Fudan Forward S&T Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=3.48/0.626
=5.56

* 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 5.56 mean?
Shanghai Fudan Forward S&T Co (SHSE:600624) has a PB Ratio of 5.56 as of Jul. 24, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Shanghai Fudan Forward S&T Co and its competitors. This is 11% above median its historical median of 5.03. Over the past decade, Shanghai Fudan Forward S&T Co's PB Ratio has ranged from 2.42 to 9.52. According to the industry distribution chart, Shanghai Fudan Forward S&T Co ranks #512 out of 547 companies in the Conglomerates industry, placing it in the top 93.6%.
Is Shanghai Fudan Forward S&T Co's PB Ratio too high?
Shanghai Fudan Forward S&T Co's current PB Ratio of 5.56 is 11% above median its 10-year median of 5.03. Over the past 10 years, this metric has ranged from a low of 2.42 to a high of 9.52. The Conglomerates industry median PB Ratio is 1.04. Shanghai Fudan Forward S&T Co's value of 5.56 is 434.6% above this industry median. Based on the distribution chart, Shanghai Fudan Forward S&T Co ranks #512 out of 547 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Shanghai Fudan Forward S&T Co has a GF Score™ of 36/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shanghai Fudan Forward S&T Co's PB Ratio compare to HON and MMM?
According to the Conglomerates industry distribution chart, Shanghai Fudan Forward S&T Co ranks #512 out of 547 companies for PB Ratio. This places Shanghai Fudan Forward S&T Co in the lower half of its industry. The industry median PB Ratio is 1.04. Shanghai Fudan Forward S&T Co's value of 5.56 is 434.6% above this benchmark. Historically, Shanghai Fudan Forward S&T Co's own PB Ratio has ranged from 2.42 to 9.52 over the past decade. While the company's 10-year median is 5.03 vs. the industry median of 1.04, Shanghai Fudan Forward S&T 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 1.04, based on 547 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 Fudan Forward S&T Co's current PB Ratio of 5.56 is 434.6% 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 Shanghai Fudan Forward S&T Co and its competitors. For the Conglomerates industry, the median PB Ratio is 1.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Fudan Forward S&T Co's current PB Ratio is 5.56, which is 11% above median its own 10-year median of 5.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Fudan Forward S&T Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Fudan Forward S&T Co (SHSE:600624) is currently considered Possible Value Trap. The stock's GF Value™ is ¥4.97, compared to a current price of ¥3.48 — trading 30% below its estimated fair value. The current PB Ratio is 5.56, which is 11% above median its 10-year median of 5.03 and 434.6% above the Conglomerates industry median of 1.04. Shanghai Fudan Forward S&T Co's overall GF Score™ is 36/100 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 Shanghai Fudan Forward S&T Co (SHSE:600624), the current PB Ratio is 5.56 as of Jul. 24, 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 Fudan Forward S&T Co (SHSE:600624) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Fudan Forward S&T Co stock appears to be undervalued. The current stock price of ¥3.48 is trading 30% below its estimated GF Value™ of ¥4.97. GuruFocus considers Shanghai Fudan Forward S&T Co to be Possible Value Trap.

Key valuation signals for SHSE:600624:

  • PB Ratio: 5.56 (11% above median its 10-year median of 5.03)
  • GF Value™: ¥4.97 vs. price of ¥3.48 (30% below fair value)
  • GF Score™: 36/100 with 5 warning signs
  • Industry Position: 434.6% above the Conglomerates median (#512 of 547)

No single metric tells the full story. See the SHSE:600624 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Fudan Forward S&T Co Business Description

Address No. 525 Guoquan Road, Fuhua Technology Building, Shanghai, Shanghai, CHN, 200433
Shanghai Fudan Forward S&T Co Ltd is a multi-industry, cross-regional, export-oriented and multi-functional comprehensive enterprise integrating domestic and foreign trade, textile new materials, automobile interiors, real estate and other industries.
36GF Score

Get the complete analysis for SHSE:600624

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

¥3.48
Price
¥4.97
GF Value