Tibet Huayu Mining Co (SHSE:601020) PB Ratio: 3.62 (As of Jul. 23, 2026) — 23% Above Median

Author: Vera Yuan Vera Yuan
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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.
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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:601020 Tibet Huayu Mining Co Ltd SHSE:601020
71 GF Score
Price ¥18.96
GF Value ¥23.88
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Tibet Huayu Mining Co PB Ratio?

Tibet Huayu Mining Co SHSE:601020 +2.60% 71 PB Ratio is 3.62 as of Jul. 23, 2026, which is 23% above its 10-year median of 2.95. GuruFocus rates SHSE:601020 with a GF Score™ of 71/100 and a GF Value™ of ¥23.88 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 2,356 Metals & Mining companies, Tibet Huayu Mining Co ranks worse than 67.44% 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 (2026-07-23), Tibet Huayu Mining Co's share price is ¥18.96. Tibet Huayu Mining Co's Book Value per Share for the quarter that ended in Mar. 2026 was ¥5.24. Hence, Tibet Huayu Mining Co's PB Ratio of today is 3.62.

Good Sign:

Tibet Huayu Mining Co Ltd stock PB Ratio (=3.43) is close to 1-year low of 3.43.

The historical rank and industry rank for Tibet Huayu Mining Co's PB Ratio or its related term are showing as below:

SHSE:601020' s PB Ratio Range Over the Past 10 Years
Min: 1.43   Med: 2.95   Max: 16.53
Current: 3.62

During the past 13 years, Tibet Huayu Mining Co's highest PB Ratio was 16.53. The lowest was 1.43. And the median was 2.95.

SHSE:601020's PB Ratio is ranked worse than
67.44% of 2356 companies
in the Metals & Mining industry
Industry Median: 2.16 vs SHSE:601020: 3.62

During the past 12 months, Tibet Huayu Mining Co's average Book Value Per Share Growth Rate was 26.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 13.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 8.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 10.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Tibet Huayu Mining Co was 21.00% per year. The lowest was -13.90% per year. And the median was 9.10% per year.

Back to Basics: PB Ratio


Tibet Huayu Mining Co  (SHSE:601020) 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.


Tibet Huayu Mining Co PB Ratio Related Terms


Tibet Huayu Mining Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Tibet Huayu Mining 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.

Tibet Huayu Mining Co PB Ratio Chart

Tibet Huayu Mining 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 2.81 2.27 2.80 3.07 5.09

Tibet Huayu Mining 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 4.85 4.11 5.23 5.09 5.38

Tibet Huayu Mining Co PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Tibet Huayu Mining 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.


Tibet Huayu Mining Co PB Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Tibet Huayu Mining Co's PB Ratio falls into.


SHSE:601020
71GF Score
Tibet Huayu Mining Co Ltd SHSE:601020
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tibet Huayu Mining 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.

Tibet Huayu Mining Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=18.96/5.244
=3.62

* 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 3.62 mean?
Tibet Huayu Mining Co (SHSE:601020) has a PB Ratio of 3.62 as of Jul. 23, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Tibet Huayu Mining Co and its competitors. This is 23% above median its historical median of 2.95. Over the past decade, Tibet Huayu Mining Co's PB Ratio has ranged from 1.43 to 16.53. According to the industry distribution chart, Tibet Huayu Mining Co ranks #1589 out of 2356 companies in the Metals & Mining industry, placing it in the top 67.4%.
Is Tibet Huayu Mining Co's PB Ratio too high?
Tibet Huayu Mining Co's current PB Ratio of 3.62 is 23% above median its 10-year median of 2.95. Over the past 10 years, this metric has ranged from a low of 1.43 to a high of 16.53. The Metals & Mining industry median PB Ratio is 2.16. Tibet Huayu Mining Co's value of 3.62 is 67.6% above this industry median. Based on the distribution chart, Tibet Huayu Mining Co ranks #1589 out of 2356 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Tibet Huayu Mining Co has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tibet Huayu Mining Co's PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Tibet Huayu Mining Co ranks #1589 out of 2356 companies for PB Ratio. This places Tibet Huayu Mining Co in the lower half of its industry. The industry median PB Ratio is 2.16. Tibet Huayu Mining Co's value of 3.62 is 67.6% above this benchmark. Historically, Tibet Huayu Mining Co's own PB Ratio has ranged from 1.43 to 16.53 over the past decade. While the company's 10-year median is 2.95 vs. the industry median of 2.16, Tibet Huayu Mining 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 2.16, based on 2,356 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. Tibet Huayu Mining Co's current PB Ratio of 3.62 is 67.6% 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 Tibet Huayu Mining Co and its competitors. For the Metals & Mining industry, the median PB Ratio is 2.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tibet Huayu Mining Co's current PB Ratio is 3.62, which is 23% above median its own 10-year median of 2.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tibet Huayu Mining Co stock overvalued right now?
Based on GuruFocus' analysis, Tibet Huayu Mining Co (SHSE:601020) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥23.88, compared to a current price of ¥18.96 — trading 20.6% below its estimated fair value. The current PB Ratio is 3.62, which is 23% above median its 10-year median of 2.95 and 67.6% above the Metals & Mining industry median of 2.16. Tibet Huayu Mining Co's overall GF Score™ is 71/100 with 6 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 Tibet Huayu Mining Co (SHSE:601020), the current PB Ratio is 3.62 as of Jul. 23, 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 Tibet Huayu Mining Co (SHSE:601020) Overvalued in 2026?

Based on GuruFocus' analysis, Tibet Huayu Mining Co stock appears to be undervalued. The current stock price of ¥18.96 is trading 20.6% below its estimated GF Value™ of ¥23.88. GuruFocus considers Tibet Huayu Mining Co to be Modestly Undervalued.

Key valuation signals for SHSE:601020:

  • PB Ratio: 3.62 (23% above median its 10-year median of 2.95)
  • GF Value™: ¥23.88 vs. price of ¥18.96 (20.6% below fair value)
  • GF Score™: 71/100 with 6 warning signs
  • Industry Position: 67.6% above the Metals & Mining median (#1589 of 2356)

No single metric tells the full story. See the SHSE:601020 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tibet Huayu Mining Co Business Description

Address Gesang Road, Hua Yu Building, Lhasa Economic and Technological Development Zone, Lhasa, CHN, 850000
Tibet Huayu Mining Co Ltd is engaged in non-ferrous metal mining, beneficiation, geological exploration and trading. Its main products include zinc concentrate, antimony concentrate (containing silver), copper concentrate, etc.
71GF Score

Get the complete analysis for SHSE:601020

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

¥18.96
Price
¥23.88
GF Value