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SHSE:600796'
s PB Ratio Range Over the Past 10 Years
Min: 0.66 Med: 2.46 Max: 8.6
Current: 1.18
During the past 13 years, Zhejiang Qianjiang Biochemical Co's highest PB Ratio was 8.60. The lowest was 0.66. And the median was 2.46.
SHSE:600796's PB Ratio is ranked better than 60.73% of 247
companies
in the Agriculture industry
Industry Median: 1.48
vs SHSE:600796: 1.18
During the past 12 months, Zhejiang Qianjiang Biochemical Co's average Book Value Per Share Growth Rate was 5.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 4.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -5.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 9.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Zhejiang Qianjiang Biochemical Co was 54.90% per year. The lowest was -16.30% per year. And the median was 5.10% per year.
Back to Basics: PB Ratio
Zhejiang Qianjiang Biochemical Co (SHSE:600796) 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.
Zhejiang Qianjiang Biochemical Co PB Ratio Related Terms
Zhejiang Qianjiang Biochemical 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.
For the Agricultural Inputs subindustry, Zhejiang Qianjiang Biochemical 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.
Zhejiang Qianjiang Biochemical Co PB Ratio vs Agriculture Industry
For the Agriculture industry and Basic Materials sector, Zhejiang Qianjiang Biochemical Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Zhejiang Qianjiang Biochemical Co's PB Ratio falls into.
Zhejiang Qianjiang Biochemical 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.
Zhejiang Qianjiang Biochemical Co (SHSE:600796) has a PB Ratio of 1.18 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 Zhejiang Qianjiang Biochemical Co and its competitors. This is 52% below median its historical median of 2.46. Over the past decade, Zhejiang Qianjiang Biochemical Co's PB Ratio has ranged from 0.66 to 8.60. According to the industry distribution chart, Zhejiang Qianjiang Biochemical Co ranks #97 out of 247 companies in the Agriculture industry, placing it in the top 39.3%.
Is Zhejiang Qianjiang Biochemical Co's PB Ratio too high?
Zhejiang Qianjiang Biochemical Co's current PB Ratio of 1.18 is 52% below median its 10-year median of 2.46. Over the past 10 years, this metric has ranged from a low of 0.66 to a high of 8.60. The Agriculture industry median PB Ratio is 1.48. Zhejiang Qianjiang Biochemical Co's value of 1.18 is 20.3% below this industry median. Based on the distribution chart, Zhejiang Qianjiang Biochemical Co ranks #97 out of 247 companies in the Agriculture industry, which is above the industry midpoint. Overall, Zhejiang Qianjiang Biochemical Co has a GF Score™ of 47/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Qianjiang Biochemical Co's PB Ratio compare to CTVA and CF?
According to the Agriculture industry distribution chart, Zhejiang Qianjiang Biochemical Co ranks #97 out of 247 companies for PB Ratio. This puts Zhejiang Qianjiang Biochemical Co in the upper half of its industry. The industry median PB Ratio is 1.48. Zhejiang Qianjiang Biochemical Co's value of 1.18 is 20.3% below this benchmark. Historically, Zhejiang Qianjiang Biochemical Co's own PB Ratio has ranged from 0.66 to 8.60 over the past decade. While the company's 10-year median is 2.46 vs. the industry median of 1.48, Zhejiang Qianjiang Biochemical Co 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 an Agriculture company?
The median PB Ratio among Agriculture companies is 1.48, based on 247 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. Zhejiang Qianjiang Biochemical Co's current PB Ratio of 1.18 is 20.3% 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 Zhejiang Qianjiang Biochemical Co and its competitors. For the Agriculture industry, the median PB Ratio is 1.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Qianjiang Biochemical Co's current PB Ratio is 1.18, which is 52% below median its own 10-year median of 2.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Qianjiang Biochemical Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Qianjiang Biochemical Co (SHSE:600796) is currently considered Fairly Valued. The stock's GF Value™ is ¥4.37, compared to a current price of ¥4.75 — trading 8.7% above its estimated fair value. The current PB Ratio is 1.18, which is 52% below median its 10-year median of 2.46 and 20.3% below the Agriculture industry median of 1.48. Zhejiang Qianjiang Biochemical Co's overall GF Score™ is 47/100 with 4 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 Zhejiang Qianjiang Biochemical Co (SHSE:600796), the current PB Ratio is 1.18 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 Zhejiang Qianjiang Biochemical Co (SHSE:600796) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Qianjiang Biochemical Co stock appears to be overvalued.
The current stock price of ¥4.75 is trading 8.7% above its estimated GF Value™ of ¥4.37.
GuruFocus considers Zhejiang Qianjiang Biochemical Co to be Fairly Valued.
Key valuation signals for SHSE:600796:
PB Ratio: 1.18 (52% below median its 10-year median of 2.46)
GF Value™: ¥4.37 vs. price of ¥4.75 (8.7% above fair value)
Industry Position: 20.3% below the Agriculture median (#97 of 247)
No single metric tells the full story. See the SHSE:600796 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang Qianjiang Biochemical Co Business Description
Zhejiang Qianjiang Biochemical Co Ltd is primarily engaged in the production of bio-pesticides, bio-veterinary drugs, and biopharmaceuticals. The company's product profile includes gibberellic acid, abamectin, methylamino abamectin, validamycin, and other products.
47GF Score
Get the complete analysis for SHSE:600796
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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