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SHSE:600846's PB Ratio is ranked worse than 59.47% of 1722
companies
in the Construction industry
Industry Median: 1.31
vs SHSE:600846: 1.69
During the past 12 months, Shanghai Tongji Science & Technology Industrial Co's average Book Value Per Share Growth Rate was 4.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 6.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 6.80% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 9.80% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Shanghai Tongji Science & Technology Industrial Co was 24.40% per year. The lowest was 3.20% per year. And the median was 8.40% per year.
Back to Basics: PB Ratio
Shanghai Tongji Science & Technology Industrial Co (SHSE:600846) 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.
Shanghai Tongji Science & Technology Industrial Co PB Ratio Related Terms
Shanghai Tongji Science & Technology Industrial 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.
Shanghai Tongji Science & Technology Industrial Co PB Ratio Chart
Shanghai Tongji Science & Technology Industrial Co Annual Data
* 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 Tongji Science & Technology Industrial Co PB Ratio vs Construction Industry
Shanghai Tongji Science & Technology Industrial 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.
Shanghai Tongji Science & Technology Industrial Co (SHSE:600846) has a PB Ratio of 1.69 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 Shanghai Tongji Science & Technology Industrial Co and its competitors. This is near median its historical median of 1.85. Over the past decade, Shanghai Tongji Science & Technology Industrial Co's PB Ratio has ranged from 1.02 to 5.16. According to the industry distribution chart, Shanghai Tongji Science & Technology Industrial Co ranks #1024 out of 1722 companies in the Construction industry, placing it in the top 59.5%.
Is Shanghai Tongji Science & Technology Industrial Co's PB Ratio too high?
Shanghai Tongji Science & Technology Industrial Co's current PB Ratio of 1.69 is near median its 10-year median of 1.85. Over the past 10 years, this metric has ranged from a low of 1.02 to a high of 5.16. The Construction industry median PB Ratio is 1.31. Shanghai Tongji Science & Technology Industrial Co's value of 1.69 is 29% above this industry median. Based on the distribution chart, Shanghai Tongji Science & Technology Industrial Co ranks #1024 out of 1722 companies in the Construction industry, which is below the industry midpoint. Overall, Shanghai Tongji Science & Technology Industrial Co has a GF Score™ of 54/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Tongji Science & Technology Industrial Co's PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Shanghai Tongji Science & Technology Industrial Co ranks #1024 out of 1722 companies for PB Ratio. This places Shanghai Tongji Science & Technology Industrial Co in the lower half of its industry. The industry median PB Ratio is 1.31. Shanghai Tongji Science & Technology Industrial Co's value of 1.69 is 29% above this benchmark. Historically, Shanghai Tongji Science & Technology Industrial Co's own PB Ratio has ranged from 1.02 to 5.16 over the past decade. While the company's 10-year median is 1.85 vs. the industry median of 1.31, Shanghai Tongji Science & Technology Industrial 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 Construction company?
The median PB Ratio among Construction companies is 1.31, based on 1,722 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 Tongji Science & Technology Industrial Co's current PB Ratio of 1.69 is 29% 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 Tongji Science & Technology Industrial Co and its competitors. For the Construction industry, the median PB Ratio is 1.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Tongji Science & Technology Industrial Co's current PB Ratio is 1.69, which is near median its own 10-year median of 1.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Tongji Science & Technology Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Tongji Science & Technology Industrial Co (SHSE:600846) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥9.85, compared to a current price of ¥11.78 — trading 19.6% above its estimated fair value. The current PB Ratio is 1.69, which is near median its 10-year median of 1.85 and 29% above the Construction industry median of 1.31. Shanghai Tongji Science & Technology Industrial Co's overall GF Score™ is 54/100 with 7 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 Tongji Science & Technology Industrial Co (SHSE:600846), the current PB Ratio is 1.69 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 Shanghai Tongji Science & Technology Industrial Co (SHSE:600846) Overvalued in 2026?
Based on GuruFocus' analysis, Shanghai Tongji Science & Technology Industrial Co stock appears to be overvalued.
The current stock price of ¥11.78 is trading 19.6% above its estimated GF Value™ of ¥9.85.
GuruFocus considers Shanghai Tongji Science & Technology Industrial Co to be Modestly Overvalued.
Key valuation signals for SHSE:600846:
PB Ratio: 1.69 (near median its 10-year median of 1.85)
GF Value™: ¥9.85 vs. price of ¥11.78 (19.6% above fair value)
Industry Position: 29% above the Construction median (#1024 of 1722)
No single metric tells the full story. See the SHSE:600846 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanghai Tongji Science & Technology Industrial Co Business Description
Shanghai Tongji Science & Technology Industrial Co Ltd is engaged in Engineering construction and consulting services, science park value-added services and base operation and management, environmental engineering technology services and investment operation, real estate development business.
54GF Score
Get the complete analysis for SHSE:600846
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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