Zhuzhou Smelter Group Co (SHSE:600961) PB Ratio: 5.01 (As of Aug. 31, 2026) — 73% 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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
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:600961 Zhuzhou Smelter Group Co Ltd SHSE:600961
67 GF Score
Price ¥27.35
GF Value ¥14.46
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Zhuzhou Smelter Group Co PB Ratio?

Zhuzhou Smelter Group Co SHSE:600961 -2.39% 67 PB Ratio is 5.01 as of Aug. 31, 2026, which is 73% below its 10-year median of 18.77. GuruFocus rates SHSE:600961 with a GF Score™ of 67/100 and a GF Value™ of ¥14.46 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,368 Metals & Mining companies, Zhuzhou Smelter Group Co ranks worse than 74.79% 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 (2026-08-31), Zhuzhou Smelter Group Co's share price is ¥27.35. Zhuzhou Smelter Group Co's Book Value per Share for the quarter that ended in Jun. 2026 was ¥5.46. Hence, Zhuzhou Smelter Group Co's PB Ratio of today is 5.01.

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

SHSE:600961' s PB Ratio Range Over the Past 10 Years
Min: 1.82   Med: 18.77   Max: 2737.5
Current: 5.01

During the past 13 years, Zhuzhou Smelter Group Co's highest PB Ratio was 2737.50. The lowest was 1.82. And the median was 18.77.

SHSE:600961's PB Ratio is ranked worse than
74.79% of 2368 companies
in the Metals & Mining industry
Industry Median: 2.425 vs SHSE:600961: 5.01

During the past 12 months, Zhuzhou Smelter Group Co's average Book Value Per Share Growth Rate was 24.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 7.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 80.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 44.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Zhuzhou Smelter Group Co was 223.40% per year. The lowest was -46.50% per year. And the median was 0.60% per year.

Back to Basics: PB Ratio


Zhuzhou Smelter Group Co  (SHSE:600961) 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.


Zhuzhou Smelter Group Co PB Ratio Related Terms


Zhuzhou Smelter Group Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Zhuzhou Smelter Group 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.

Zhuzhou Smelter Group Co PB Ratio Chart

Zhuzhou Smelter Group 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 21.33 1.98 2.47 1.94 3.66

Zhuzhou Smelter Group Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 2.55 3.90 3.66 3.19 5.93

Zhuzhou Smelter Group Co PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Zhuzhou Smelter Group 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.


Zhuzhou Smelter Group Co PB Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Zhuzhou Smelter Group Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Zhuzhou Smelter Group Co's PB Ratio falls into.


SHSE:600961
67GF Score
Zhuzhou Smelter Group Co Ltd SHSE:600961
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zhuzhou Smelter Group 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.

Zhuzhou Smelter Group Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2026)
=27.35/5.462
=5.01

* 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 5.01 mean?
Zhuzhou Smelter Group Co (SHSE:600961) has a PB Ratio of 5.01 as of Aug. 31, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Zhuzhou Smelter Group Co and its competitors. This is 73% below median its historical median of 18.77. Over the past decade, Zhuzhou Smelter Group Co's PB Ratio has ranged from 1.82 to 2,737.50. According to the industry distribution chart, Zhuzhou Smelter Group Co ranks #1771 out of 2368 companies in the Metals & Mining industry, placing it in the top 74.8%.
Is Zhuzhou Smelter Group Co's PB Ratio too high?
Zhuzhou Smelter Group Co's current PB Ratio of 5.01 is 73% below median its 10-year median of 18.77. Over the past 10 years, this metric has ranged from a low of 1.82 to a high of 2,737.50. The Metals & Mining industry median PB Ratio is 2.43. Zhuzhou Smelter Group Co's value of 5.01 is 106.6% above this industry median. Based on the distribution chart, Zhuzhou Smelter Group Co ranks #1771 out of 2368 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Zhuzhou Smelter Group Co has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhuzhou Smelter Group Co's PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Zhuzhou Smelter Group Co ranks #1771 out of 2368 companies for PB Ratio. This places Zhuzhou Smelter Group Co in the lower half of its industry. The industry median PB Ratio is 2.43. Zhuzhou Smelter Group Co's value of 5.01 is 106.6% above this benchmark. Historically, Zhuzhou Smelter Group Co's own PB Ratio has ranged from 1.82 to 2,737.50 over the past decade. While the company's 10-year median is 18.77 vs. the industry median of 2.43, Zhuzhou Smelter Group 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 Metals & Mining company?
The median PB Ratio among Metals & Mining companies is 2.43, based on 2,368 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. Zhuzhou Smelter Group Co's current PB Ratio of 5.01 is 106.6% 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 Zhuzhou Smelter Group Co and its competitors. For the Metals & Mining industry, the median PB Ratio is 2.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhuzhou Smelter Group Co's current PB Ratio is 5.01, which is 73% below median its own 10-year median of 18.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhuzhou Smelter Group Co stock overvalued right now?
Based on GuruFocus' analysis, Zhuzhou Smelter Group Co (SHSE:600961) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥14.46, compared to a current price of ¥27.35 — trading 89.1% above its estimated fair value. The current PB Ratio is 5.01, which is 73% below median its 10-year median of 18.77 and 106.6% above the Metals & Mining industry median of 2.43. Zhuzhou Smelter Group Co's overall GF Score™ is 67/100 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 Zhuzhou Smelter Group Co (SHSE:600961), the current PB Ratio is 5.01 as of Aug. 31, 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 Zhuzhou Smelter Group Co (SHSE:600961) Overvalued in 2026?

Based on GuruFocus' analysis, Zhuzhou Smelter Group Co stock appears to be overvalued. The current stock price of ¥27.35 is trading 89.1% above its estimated GF Value™ of ¥14.46. GuruFocus considers Zhuzhou Smelter Group Co to be Significantly Overvalued.

Key valuation signals for SHSE:600961:

  • PB Ratio: 5.01 (73% below median its 10-year median of 18.77)
  • GF Value™: ¥14.46 vs. price of ¥27.35 (89.1% above fair value)
  • GF Score™: 67/100 with 2 warning signs
  • Industry Position: 106.6% above the Metals & Mining median (#1771 of 2368)

No single metric tells the full story. See the SHSE:600961 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhuzhou Smelter Group Co Business Description

Address Qingshuitang, Shifeng District, Hunan Province, Zhuzhou, CHN, 412007
Zhuzhou Smelter Group Co Ltd produces and sells lead, zinc, and alloy products in China. Further, the group comprehensively recovers various rare metals such as copper, gold, silver, antimony, cadmium, indium and antimony and sulfuric acid. Geographically it operates through the region of China.
67GF Score

Get the complete analysis for SHSE:600961

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

¥27.35
Price
¥14.46
GF Value