Bank Of Hangzhou Co (SHSE:600926) PB Ratio: 0.68 (As of Jul. 28, 2026) — 21% Below Median

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Director of Data and Quant Analytics at GuruFocus
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SHSE:600926 Bank Of Hangzhou Co Ltd SHSE:600926
76 GF Score
Price ¥16.06
GF Value ¥14.85
Valuation Fairly Valued
! 7 Warning Signs
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What is Bank Of Hangzhou Co PB Ratio?

Bank Of Hangzhou Co SHSE:600926 +1.32% 76 PB Ratio is 0.68 as of Jul. 28, 2026, which is 21% below its 10-year median of 0.86. GuruFocus rates SHSE:600926 with a GF Score™ of 76/100 and a GF Value™ of ¥14.85 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,516 Banks companies, Bank Of Hangzhou Co ranks better than 82.06% 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 (2026-07-28), Bank Of Hangzhou Co's share price is ¥16.06. Bank Of Hangzhou Co's Book Value per Share for the quarter that ended in Mar. 2026 was ¥23.46. Hence, Bank Of Hangzhou Co's PB Ratio of today is 0.68.

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

SHSE:600926' s PB Ratio Range Over the Past 10 Years
Min: 0.58   Med: 0.86   Max: 2.03
Current: 0.68

During the past 13 years, Bank Of Hangzhou Co's highest PB Ratio was 2.03. The lowest was 0.58. And the median was 0.86.

SHSE:600926's PB Ratio is ranked better than
82.06% of 1516 companies
in the Banks industry
Industry Median: 1.12 vs SHSE:600926: 0.68

During the past 12 months, Bank Of Hangzhou Co's average Book Value Per Share Growth Rate was 8.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 14.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 14.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 13.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Bank Of Hangzhou Co was 48.20% per year. The lowest was 6.20% per year. And the median was 14.60% per year.

Back to Basics: PB Ratio


Bank Of Hangzhou Co  (SHSE:600926) 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.


Bank Of Hangzhou Co PB Ratio Related Terms


Bank Of Hangzhou Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Bank Of Hangzhou 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.

Bank Of Hangzhou Co PB Ratio Chart

Bank Of Hangzhou 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 0.95 0.88 0.59 0.70 0.68

Bank Of Hangzhou 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 0.67 0.81 0.72 0.68 0.71

Bank Of Hangzhou Co PB Ratio Competitor Comparison

For the Banks - Regional subindustry, Bank Of Hangzhou 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.


Bank Of Hangzhou Co PB Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Bank Of Hangzhou Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Bank Of Hangzhou Co's PB Ratio falls into.


SHSE:600926
76GF Score
Bank Of Hangzhou Co Ltd SHSE:600926
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bank Of Hangzhou 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.

Bank Of Hangzhou Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=16.06/23.455
=0.68

* 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 0.68 mean?
Bank Of Hangzhou Co (SHSE:600926) has a PB Ratio of 0.68 as of Jul. 28, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Bank Of Hangzhou Co and its competitors. This is 21% below median its historical median of 0.86. Over the past decade, Bank Of Hangzhou Co's PB Ratio has ranged from 0.58 to 2.03. According to the industry distribution chart, Bank Of Hangzhou Co ranks #272 out of 1516 companies in the Banks industry, placing it in the top 17.9%.
Is Bank Of Hangzhou Co's PB Ratio too high?
Bank Of Hangzhou Co's current PB Ratio of 0.68 is 21% below median its 10-year median of 0.86. Over the past 10 years, this metric has ranged from a low of 0.58 to a high of 2.03. The Banks industry median PB Ratio is 1.12. Bank Of Hangzhou Co's value of 0.68 is 39.3% below this industry median. Based on the distribution chart, Bank Of Hangzhou Co ranks #272 out of 1516 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Bank Of Hangzhou Co has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bank Of Hangzhou Co's PB Ratio compare to competitors?
According to the Banks industry distribution chart, Bank Of Hangzhou Co ranks #272 out of 1516 companies for PB Ratio. This places Bank Of Hangzhou Co in the top 18% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.12. Bank Of Hangzhou Co's value of 0.68 is 39.3% below this benchmark. Historically, Bank Of Hangzhou Co's own PB Ratio has ranged from 0.58 to 2.03 over the past decade. While the company's 10-year median is 0.86 vs. the industry median of 1.12, Bank Of Hangzhou 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 a Banks company?
The median PB Ratio among Banks companies is 1.12, based on 1,516 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. Bank Of Hangzhou Co's current PB Ratio of 0.68 is 39.3% 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 Bank Of Hangzhou Co and its competitors. For the Banks industry, the median PB Ratio is 1.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bank Of Hangzhou Co's current PB Ratio is 0.68, which is 21% below median its own 10-year median of 0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bank Of Hangzhou Co stock overvalued right now?
Based on GuruFocus' analysis, Bank Of Hangzhou Co (SHSE:600926) is currently considered Fairly Valued. The stock's GF Value™ is ¥14.85, compared to a current price of ¥16.06 — trading 8.1% above its estimated fair value. The current PB Ratio is 0.68, which is 21% below median its 10-year median of 0.86 and 39.3% below the Banks industry median of 1.12. Bank Of Hangzhou Co's overall GF Score™ is 76/100 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 Bank Of Hangzhou Co (SHSE:600926), the current PB Ratio is 0.68 as of Jul. 28, 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 Bank Of Hangzhou Co (SHSE:600926) Overvalued in 2026?

Based on GuruFocus' analysis, Bank Of Hangzhou Co stock appears to be overvalued. The current stock price of ¥16.06 is trading 8.1% above its estimated GF Value™ of ¥14.85. GuruFocus considers Bank Of Hangzhou Co to be Fairly Valued.

Key valuation signals for SHSE:600926:

  • PB Ratio: 0.68 (21% below median its 10-year median of 0.86)
  • GF Value™: ¥14.85 vs. price of ¥16.06 (8.1% above fair value)
  • GF Score™: 76/100 with 7 warning signs
  • Industry Position: 39.3% below the Banks median (#272 of 1516)

No single metric tells the full story. See the SHSE:600926 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bank Of Hangzhou Co Business Description

Address No. 168, Jiefang East Road, Shangcheng District, Zhejiang Province, Hangzhou, CHN, 310016
Bank Of Hangzhou Co Ltd provides banking products and services. It offers products and services, including saving a deposit, individual housing mortgage loans, personal car mortgage loans, debit cards, and private banking services. The Corporate Business segment serves large and medium-sized corporations with deposits, loans, and financial services. The Small Business segment provides banking solutions to small enterprises and individual business owners. The Retail Business segment offers deposits, cards, loans, and asset management to non-business individuals. The Treasury Business segment handles interbank transactions, investments, and related operations. The Other Business segment includes all remaining related activities. The business activities of the group are operated in China.
76GF Score

Get the complete analysis for SHSE:600926

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

¥16.06
Price
¥14.85
GF Value