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Guizhou Wire Rope CoSHSE:600992 +7.58%48 PB Ratio is 1.95 as of Jul. 15, 2026, which is 9% below its 10-year median of 2.15. GuruFocus rates SHSE:600992 with a GF Score™ of 48/100 and a GF Value™ of ¥13.92 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 609 Steel companies, Guizhou Wire Rope Co ranks worse than 76.52% on this metric.
The historical rank and industry rank for Guizhou Wire Rope Co's PB Ratio or its related term are showing as below:
SHSE:600992'
s PB Ratio Range Over the Past 10 Years
Min: 0.91 Med: 2.15 Max: 5.86
Current: 1.95
During the past 13 years, Guizhou Wire Rope Co's highest PB Ratio was 5.86. The lowest was 0.91. And the median was 2.15.
SHSE:600992's PB Ratio is ranked worse than 76.52% of 609
companies
in the Steel industry
Industry Median: 0.97
vs SHSE:600992: 1.95
During the past 12 months, Guizhou Wire Rope Co's average Book Value Per Share Growth Rate was -0.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 0.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 0.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 1.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Guizhou Wire Rope Co was 26.00% per year. The lowest was -0.20% per year. And the median was 1.55% per year.
Back to Basics: PB Ratio
Guizhou Wire Rope Co (SHSE:600992) 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.
Guizhou Wire Rope Co PB Ratio Related Terms
Guizhou Wire Rope Co PB Ratio Historical Data
* Premium members only.
The historical data trend for Guizhou Wire Rope 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.
For the Steel subindustry, Guizhou Wire Rope 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.
Guizhou Wire Rope Co PB Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Guizhou Wire Rope Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Guizhou Wire Rope Co's PB Ratio falls into.
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.
Guizhou Wire Rope Co (SHSE:600992) has a PB Ratio of 1.95 as of Jul. 15, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Guizhou Wire Rope Co and its competitors. This is near median its historical median of 2.15. Over the past decade, Guizhou Wire Rope Co's PB Ratio has ranged from 0.91 to 5.86. According to the industry distribution chart, Guizhou Wire Rope Co ranks #466 out of 609 companies in the Steel industry, placing it in the top 76.5%.
Is Guizhou Wire Rope Co's PB Ratio too high?
Guizhou Wire Rope Co's current PB Ratio of 1.95 is near median its 10-year median of 2.15. Over the past 10 years, this metric has ranged from a low of 0.91 to a high of 5.86. The Steel industry median PB Ratio is 0.97. Guizhou Wire Rope Co's value of 1.95 is 101% above this industry median. Based on the distribution chart, Guizhou Wire Rope Co ranks #466 out of 609 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Guizhou Wire Rope Co has a GF Score™ of 48/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Guizhou Wire Rope Co's PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Guizhou Wire Rope Co ranks #466 out of 609 companies for PB Ratio. This places Guizhou Wire Rope Co in the lower half of its industry. The industry median PB Ratio is 0.97. Guizhou Wire Rope Co's value of 1.95 is 101% above this benchmark. Historically, Guizhou Wire Rope Co's own PB Ratio has ranged from 0.91 to 5.86 over the past decade. While the company's 10-year median is 2.15 vs. the industry median of 0.97, Guizhou Wire Rope 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 Steel company?
The median PB Ratio among Steel companies is 0.97, based on 609 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. Guizhou Wire Rope Co's current PB Ratio of 1.95 is 101% 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 Guizhou Wire Rope Co and its competitors. For the Steel industry, the median PB Ratio is 0.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Guizhou Wire Rope Co's current PB Ratio is 1.95, which is near median its own 10-year median of 2.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guizhou Wire Rope Co stock overvalued right now?
Based on GuruFocus' analysis, Guizhou Wire Rope Co (SHSE:600992) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥13.92, compared to a current price of ¥11.35 — trading 18.5% below its estimated fair value. The current PB Ratio is 1.95, which is near median its 10-year median of 2.15 and 101% above the Steel industry median of 0.97. Guizhou Wire Rope Co's overall GF Score™ is 48/100 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 Guizhou Wire Rope Co (SHSE:600992), the current PB Ratio is 1.95 as of Jul. 15, 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 Guizhou Wire Rope Co (SHSE:600992) Overvalued in 2026?
Based on GuruFocus' analysis, Guizhou Wire Rope Co stock appears to be undervalued.
The current stock price of ¥11.35 is trading 18.5% below its estimated GF Value™ of ¥13.92.
GuruFocus considers Guizhou Wire Rope Co to be Modestly Undervalued.
Key valuation signals for SHSE:600992:
PB Ratio: 1.95 (near median its 10-year median of 2.15)
GF Value™: ¥13.92 vs. price of ¥11.35 (18.5% below fair value)
Industry Position: 101% above the Steel median (#466 of 609)
No single metric tells the full story. See the SHSE:600992 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Guizhou Wire Rope Co Ltd is a China-based company operating in the steel industry. The firm is engaged in the production, processing, and sales of steel wire rope, steel wire and steel strand, and related materials, equipment and technology research. The products offered by the company include single strand wire rope, four strands of wire rope, point contact wire rope, fishing wire rope, aviation wire rope, sealed wire rope, oil wire rope, galvanized steel strand, limb rigging, among others. Its products are used in mining, elevator, port machinery, aerospace, ship and bridge building.
48GF Score
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