Shanghai Yatong Co (SHSE:600692) PB Ratio: 2.04 (As of Jul. 14, 2026) — 28% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:600692 Shanghai Yatong Co Ltd SHSE:600692
53 GF Score
Price ¥5.63
GF Value ¥8.92
Valuation Possible Value Trap
! 5 Warning Signs
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What is Shanghai Yatong Co PB Ratio?

Shanghai Yatong Co SHSE:600692 +5.43% 53 PB Ratio is 2.04 as of Jul. 14, 2026, which is 28% below its 10-year median of 2.84. GuruFocus rates SHSE:600692 with a GF Score™ of 53/100 and a GF Value™ of ¥8.92 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 964 Transportation companies, Shanghai Yatong Co ranks worse than 71.37% 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 (2026-07-14), Shanghai Yatong Co's share price is ¥5.63. Shanghai Yatong Co's Book Value per Share for the quarter that ended in Mar. 2026 was ¥2.76. Hence, Shanghai Yatong Co's PB Ratio of today is 2.04.

Good Sign:

Shanghai Yatong Co Ltd stock PB Ratio (=1.99) is close to 2-year low of 1.88.

The historical rank and industry rank for Shanghai Yatong Co's PB Ratio or its related term are showing as below:

SHSE:600692' s PB Ratio Range Over the Past 10 Years
Min: 1.76   Med: 2.84   Max: 10.65
Current: 2.04

During the past 13 years, Shanghai Yatong Co's highest PB Ratio was 10.65. The lowest was 1.76. And the median was 2.84.

SHSE:600692's PB Ratio is ranked worse than
71.37% of 964 companies
in the Transportation industry
Industry Median: 1.24 vs SHSE:600692: 2.04

During the past 12 months, Shanghai Yatong Co's average Book Value Per Share Growth Rate was 4.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 1.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 1.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 5.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Shanghai Yatong Co was 30.40% per year. The lowest was -4.20% per year. And the median was 5.55% per year.

Back to Basics: PB Ratio


Shanghai Yatong Co  (SHSE:600692) 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 Yatong Co PB Ratio Related Terms


Shanghai Yatong Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Shanghai Yatong 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 Yatong Co PB Ratio Chart

Shanghai Yatong 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 2.23 2.24 2.37 3.38 2.55

Shanghai Yatong 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 3.02 2.72 3.08 2.55 2.98

Shanghai Yatong Co PB Ratio Competitor Comparison

For the Marine Shipping subindustry, Shanghai Yatong 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 Yatong Co PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Shanghai Yatong Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Shanghai Yatong Co's PB Ratio falls into.


SHSE:600692
53GF Score
Shanghai Yatong Co Ltd SHSE:600692
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shanghai Yatong 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 Yatong Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=5.63/2.764
=2.04

* 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 2.04 mean?
Shanghai Yatong Co (SHSE:600692) has a PB Ratio of 2.04 as of Jul. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Shanghai Yatong Co and its competitors. This is 28% below median its historical median of 2.84. Over the past decade, Shanghai Yatong Co's PB Ratio has ranged from 1.76 to 10.65. According to the industry distribution chart, Shanghai Yatong Co ranks #688 out of 964 companies in the Transportation industry, placing it in the top 71.4%.
Is Shanghai Yatong Co's PB Ratio too high?
Shanghai Yatong Co's current PB Ratio of 2.04 is 28% below median its 10-year median of 2.84. Over the past 10 years, this metric has ranged from a low of 1.76 to a high of 10.65. The Transportation industry median PB Ratio is 1.24. Shanghai Yatong Co's value of 2.04 is 64.5% above this industry median. Based on the distribution chart, Shanghai Yatong Co ranks #688 out of 964 companies in the Transportation industry, which is below the industry midpoint. Overall, Shanghai Yatong Co has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shanghai Yatong Co's PB Ratio compare to competitors?
According to the Transportation industry distribution chart, Shanghai Yatong Co ranks #688 out of 964 companies for PB Ratio. This places Shanghai Yatong Co in the lower half of its industry. The industry median PB Ratio is 1.24. Shanghai Yatong Co's value of 2.04 is 64.5% above this benchmark. Historically, Shanghai Yatong Co's own PB Ratio has ranged from 1.76 to 10.65 over the past decade. While the company's 10-year median is 2.84 vs. the industry median of 1.24, Shanghai Yatong 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 Transportation company?
The median PB Ratio among Transportation companies is 1.24, based on 964 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 Yatong Co's current PB Ratio of 2.04 is 64.5% 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 Yatong Co and its competitors. For the Transportation industry, the median PB Ratio is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Yatong Co's current PB Ratio is 2.04, which is 28% below median its own 10-year median of 2.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Yatong Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Yatong Co (SHSE:600692) is currently considered Possible Value Trap. The stock's GF Value™ is ¥8.92, compared to a current price of ¥5.63 — trading 36.9% below its estimated fair value. The current PB Ratio is 2.04, which is 28% below median its 10-year median of 2.84 and 64.5% above the Transportation industry median of 1.24. Shanghai Yatong Co's overall GF Score™ is 53/100 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 Yatong Co (SHSE:600692), the current PB Ratio is 2.04 as of Jul. 14, 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 Yatong Co (SHSE:600692) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Yatong Co stock appears to be undervalued. The current stock price of ¥5.63 is trading 36.9% below its estimated GF Value™ of ¥8.92. GuruFocus considers Shanghai Yatong Co to be Possible Value Trap.

Key valuation signals for SHSE:600692:

  • PB Ratio: 2.04 (28% below median its 10-year median of 2.84)
  • GF Value™: ¥8.92 vs. price of ¥5.63 (36.9% below fair value)
  • GF Score™: 53/100 with 5 warning signs
  • Industry Position: 64.5% above the Transportation median (#688 of 964)

No single metric tells the full story. See the SHSE:600692 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Yatong Co Business Description

Address No. 1, Lane 780, Lvhai Road, Chengqiao Town, Chongming District, Shanghai, CHN, 202155
Shanghai Yatong Co Ltd is engaged in real estate development, communication network construction and maintenance, steel trade, concrete production and sales, and the construction and operation of photovoltaic power stations. Its real estate business focuses on commercial and affordable housing, with all commercial projects located in the Chongming District. The communication engineering segment serves telecom and tower companies. The steel trade follows an order-based purchase and sales model. The new energy segment focuses on building and operating solar and wind power stations. The company generates key revenue from the commodity sales such as steel and concrete.
53GF Score

Get the complete analysis for SHSE:600692

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

¥5.63
Price
¥8.92
GF Value