Nanning Department Store Co (SHSE:600712) PB Ratio: 3.43 (As of Jul. 14, 2026) — 21% Above Median

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SHSE:600712 Nanning Department Store Co Ltd SHSE:600712
50 GF Score
Price ¥4.77
GF Value ¥4.08
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Nanning Department Store Co PB Ratio?

Nanning Department Store Co SHSE:600712 +2.36% 50 PB Ratio is 3.43 as of Jul. 14, 2026, which is 21% above its 10-year median of 2.84. GuruFocus rates SHSE:600712 with a GF Score™ of 50/100 and a GF Value™ of ¥4.08 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,076 Retail - Cyclical companies, Nanning Department Store Co ranks worse than 78.07% 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), Nanning Department Store Co's share price is ¥4.77. Nanning Department Store Co's Book Value per Share for the quarter that ended in Mar. 2026 was ¥1.39. Hence, Nanning Department Store Co's PB Ratio of today is 3.43.

Good Sign:

Nanning Department Store Co Ltd stock PB Ratio (=3.48) is close to 1-year low of 3.28.

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

SHSE:600712' s PB Ratio Range Over the Past 10 Years
Min: 1.85   Med: 2.84   Max: 6.44
Current: 3.43

During the past 13 years, Nanning Department Store Co's highest PB Ratio was 6.44. The lowest was 1.85. And the median was 2.84.

SHSE:600712's PB Ratio is ranked worse than
78.07% of 1076 companies
in the Retail - Cyclical industry
Industry Median: 1.465 vs SHSE:600712: 3.43

During the past 12 months, Nanning Department Store Co's average Book Value Per Share Growth Rate was -4.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -2.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -3.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -3.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Nanning Department Store Co was 50.10% per year. The lowest was -15.20% per year. And the median was -0.60% per year.

Back to Basics: PB Ratio


Nanning Department Store Co  (SHSE:600712) 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.


Nanning Department Store Co PB Ratio Related Terms


Nanning Department Store Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Nanning Department Store 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.

Nanning Department Store Co PB Ratio Chart

Nanning Department Store 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 2.39 3.36 3.43 4.94 4.92

Nanning Department Store 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 3.68 4.03 4.70 4.92 4.46

SHSE:600712 vs DDS: PB Ratio Comparison

For the Department Stores subindustry, Nanning Department Store 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.


Nanning Department Store Co PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Nanning Department Store Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Nanning Department Store Co's PB Ratio falls into.


SHSE:600712
50GF Score
Nanning Department Store Co Ltd SHSE:600712
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nanning Department Store 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.

Nanning Department Store Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=4.77/1.392
=3.43

* 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 3.43 mean?
Nanning Department Store Co (SHSE:600712) has a PB Ratio of 3.43 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 Nanning Department Store Co and its competitors. This is 21% above median its historical median of 2.84. Over the past decade, Nanning Department Store Co's PB Ratio has ranged from 1.85 to 6.44. According to the industry distribution chart, Nanning Department Store Co ranks #840 out of 1076 companies in the Retail - Cyclical industry, placing it in the top 78.1%.
Is Nanning Department Store Co's PB Ratio too high?
Nanning Department Store Co's current PB Ratio of 3.43 is 21% above median its 10-year median of 2.84. Over the past 10 years, this metric has ranged from a low of 1.85 to a high of 6.44. The Retail - Cyclical industry median PB Ratio is 1.47. Nanning Department Store Co's value of 3.43 is 134.1% above this industry median. Based on the distribution chart, Nanning Department Store Co ranks #840 out of 1076 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Nanning Department Store Co has a GF Score™ of 50/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nanning Department Store Co's PB Ratio compare to DDS?
According to the Retail - Cyclical industry distribution chart, Nanning Department Store Co ranks #840 out of 1076 companies for PB Ratio. This places Nanning Department Store Co in the lower half of its industry. The industry median PB Ratio is 1.47. Nanning Department Store Co's value of 3.43 is 134.1% above this benchmark. Historically, Nanning Department Store Co's own PB Ratio has ranged from 1.85 to 6.44 over the past decade. While the company's 10-year median is 2.84 vs. the industry median of 1.47, Nanning Department Store 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 Retail - Cyclical company?
The median PB Ratio among Retail - Cyclical companies is 1.47, based on 1,076 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. Nanning Department Store Co's current PB Ratio of 3.43 is 134.1% 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 Nanning Department Store Co and its competitors. For the Retail - Cyclical industry, the median PB Ratio is 1.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nanning Department Store Co's current PB Ratio is 3.43, which is 21% above 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 Nanning Department Store Co stock overvalued right now?
Based on GuruFocus' analysis, Nanning Department Store Co (SHSE:600712) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥4.08, compared to a current price of ¥4.77 — trading 16.9% above its estimated fair value. The current PB Ratio is 3.43, which is 21% above median its 10-year median of 2.84 and 134.1% above the Retail - Cyclical industry median of 1.47. Nanning Department Store Co's overall GF Score™ is 50/100 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 Nanning Department Store Co (SHSE:600712), the current PB Ratio is 3.43 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 Nanning Department Store Co (SHSE:600712) Overvalued in 2026?

Based on GuruFocus' analysis, Nanning Department Store Co stock appears to be overvalued. The current stock price of ¥4.77 is trading 16.9% above its estimated GF Value™ of ¥4.08. GuruFocus considers Nanning Department Store Co to be Modestly Overvalued.

Key valuation signals for SHSE:600712:

  • PB Ratio: 3.43 (21% above median its 10-year median of 2.84)
  • GF Value™: ¥4.08 vs. price of ¥4.77 (16.9% above fair value)
  • GF Score™: 50/100 with 2 warning signs
  • Industry Position: 134.1% above the Retail - Cyclical median (#840 of 1076)

No single metric tells the full story. See the SHSE:600712 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nanning Department Store Co Business Description

Address No 39-41, 45 Chaoyang Road, Nanning, Guangxi, CHN, 530012
Nanning Department Store Co Ltd operates department stores. The company has around 12 stores.
50GF Score

Get the complete analysis for SHSE:600712

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

¥4.77
Price
¥4.08
GF Value