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What is Shanghainmao Enterprise (Group) Co PB Ratio?
Shanghainmao Enterprise (Group) CoSHSE:600689 -4.12%58 PB Ratio is 4.04 as of Jul. 17, 2026, which is 6% below its 10-year median of 4.32. GuruFocus rates SHSE:600689 with a GF Score™ of 58/100 and a GF Value™ of ¥14.84 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 999 Manufacturing - Apparel & Accessories companies, Shanghainmao Enterprise (Group) Co ranks worse than 87.89% on this metric.
SHSE:600689'
s PB Ratio Range Over the Past 10 Years
Min: 2.68 Med: 4.32 Max: 13.1
Current: 4.04
During the past 13 years, Shanghainmao Enterprise (Group) Co's highest PB Ratio was 13.10. The lowest was 2.68. And the median was 4.32.
SHSE:600689's PB Ratio is ranked worse than 87.89% of 999
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.08
vs SHSE:600689: 4.04
During the past 12 months, Shanghainmao Enterprise (Group) Co's average Book Value Per Share Growth Rate was 1.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 3.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 2.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 1.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Shanghainmao Enterprise (Group) Co was 20.90% per year. The lowest was -19.40% per year. And the median was 1.75% per year.
Back to Basics: PB Ratio
Shanghainmao Enterprise (Group) Co (SHSE:600689) 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.
Shanghainmao Enterprise (Group) Co PB Ratio Related Terms
Shanghainmao Enterprise (Group) Co PB Ratio Historical Data
* 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.
Shanghainmao Enterprise (Group) Co PB Ratio Competitor Comparison
For the Textile Manufacturing subindustry, Shanghainmao Enterprise (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.
Shanghainmao Enterprise (Group) Co PB Ratio vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shanghainmao Enterprise (Group) Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Shanghainmao Enterprise (Group) Co's PB Ratio falls into.
Shanghainmao Enterprise (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.
* 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.
Shanghainmao Enterprise (Group) Co (SHSE:600689) has a PB Ratio of 4.04 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 Shanghainmao Enterprise (Group) Co and its competitors. This is near median its historical median of 4.32. Over the past decade, Shanghainmao Enterprise (Group) Co's PB Ratio has ranged from 2.68 to 13.10. According to the industry distribution chart, Shanghainmao Enterprise (Group) Co ranks #878 out of 999 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 87.9%.
Is Shanghainmao Enterprise (Group) Co's PB Ratio too high?
Shanghainmao Enterprise (Group) Co's current PB Ratio of 4.04 is near median its 10-year median of 4.32. Over the past 10 years, this metric has ranged from a low of 2.68 to a high of 13.10. The Manufacturing - Apparel & Accessories industry median PB Ratio is 1.08. Shanghainmao Enterprise (Group) Co's value of 4.04 is 274.1% above this industry median. Based on the distribution chart, Shanghainmao Enterprise (Group) Co ranks #878 out of 999 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Shanghainmao Enterprise (Group) Co has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shanghainmao Enterprise (Group) Co's PB Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Shanghainmao Enterprise (Group) Co ranks #878 out of 999 companies for PB Ratio. This places Shanghainmao Enterprise (Group) Co in the lower half of its industry. The industry median PB Ratio is 1.08. Shanghainmao Enterprise (Group) Co's value of 4.04 is 274.1% above this benchmark. Historically, Shanghainmao Enterprise (Group) Co's own PB Ratio has ranged from 2.68 to 13.10 over the past decade. While the company's 10-year median is 4.32 vs. the industry median of 1.08, Shanghainmao Enterprise (Group) 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 Manufacturing - Apparel & Accessories company?
The median PB Ratio among Manufacturing - Apparel & Accessories companies is 1.08, based on 999 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. Shanghainmao Enterprise (Group) Co's current PB Ratio of 4.04 is 274.1% 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 Shanghainmao Enterprise (Group) Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median PB Ratio is 1.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghainmao Enterprise (Group) Co's current PB Ratio is 4.04, which is near median its own 10-year median of 4.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghainmao Enterprise (Group) Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghainmao Enterprise (Group) Co (SHSE:600689) is currently considered Possible Value Trap. The stock's GF Value™ is ¥14.84, compared to a current price of ¥9.53 — trading 35.8% below its estimated fair value. The current PB Ratio is 4.04, which is near median its 10-year median of 4.32 and 274.1% above the Manufacturing - Apparel & Accessories industry median of 1.08. Shanghainmao Enterprise (Group) Co's overall GF Score™ is 58/100 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 Shanghainmao Enterprise (Group) Co (SHSE:600689), the current PB Ratio is 4.04 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 Shanghainmao Enterprise (Group) Co (SHSE:600689) Overvalued in 2026?
Based on GuruFocus' analysis, Shanghainmao Enterprise (Group) Co stock appears to be undervalued.
The current stock price of ¥9.53 is trading 35.8% below its estimated GF Value™ of ¥14.84.
GuruFocus considers Shanghainmao Enterprise (Group) Co to be Possible Value Trap.
Key valuation signals for SHSE:600689:
PB Ratio: 4.04 (near median its 10-year median of 4.32)
GF Value™: ¥14.84 vs. price of ¥9.53 (35.8% below fair value)
Industry Position: 274.1% above the Manufacturing - Apparel & Accessories median (#878 of 999)
No single metric tells the full story. See the SHSE:600689 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanghainmao Enterprise (Group) Co Business Description
Shanghai Sanmao Enterprise (Group) Co Ltd is in the business of importing and exporting of woolen textile products. Further, it is also involved in real estate investment, modern estate management, development and management of real estate, sale of wool textile and related products and services. Geographically, the activities are carried out in China. The company generates key revenue from the import and export trade of textile products.
58GF Score
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