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What is Zhejiang Zhenshi New Materials Co PB Ratio?
Zhejiang Zhenshi New Materials CoSHSE:601112 -2.00%11 PB Ratio is 4.01 as of Jul. 17, 2026, which is 24% below its 10-year median of 5.29. GuruFocus rates SHSE:601112 with a GF Score™ of 11/100. The stock has 3 warning signs investors should review. Among 2,982 Industrial Products companies, Zhejiang Zhenshi New Materials Co ranks worse than 74.51% on this metric.
SHSE:601112'
s PB Ratio Range Over the Past 10 Years
Min: 4.01 Med: 5.29 Max: 8.73
Current: 4.01
During the past 4 years, Zhejiang Zhenshi New Materials Co's highest PB Ratio was 8.73. The lowest was 4.01. And the median was 5.29.
SHSE:601112's PB Ratio is ranked worse than 74.51% of 2982
companies
in the Industrial Products industry
Industry Median: 2.14
vs SHSE:601112: 4.01
During the past 3 years, the average Book Value Per Share Growth Rate was 17.80% per year.
During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of Zhejiang Zhenshi New Materials Co was 17.80% per year. The lowest was 17.80% per year. And the median was 17.80% per year.
Back to Basics: PB Ratio
Zhejiang Zhenshi New Materials Co (SHSE:601112) 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.
Zhejiang Zhenshi New Materials Co PB Ratio Related Terms
Zhejiang Zhenshi New Materials 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.
For the Specialty Industrial Machinery subindustry, Zhejiang Zhenshi New Materials 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.
Zhejiang Zhenshi New Materials Co PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Zhejiang Zhenshi New Materials Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Zhejiang Zhenshi New Materials Co's PB Ratio falls into.
Zhejiang Zhenshi New Materials 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.
Zhejiang Zhenshi New Materials Co (SHSE:601112) has a PB Ratio of 4.01 as of Jul. 17, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Zhejiang Zhenshi New Materials Co and its competitors. This is 24% below median its historical median of 5.29. Over the past decade, Zhejiang Zhenshi New Materials Co's PB Ratio has ranged from 4.01 to 8.73. According to the industry distribution chart, Zhejiang Zhenshi New Materials Co ranks #2222 out of 2982 companies in the Industrial Products industry, placing it in the top 74.5%.
Is Zhejiang Zhenshi New Materials Co's PB Ratio too high?
Zhejiang Zhenshi New Materials Co's current PB Ratio of 4.01 is 24% below median its 10-year median of 5.29. Over the past 10 years, this metric has ranged from a low of 4.01 to a high of 8.73. The Industrial Products industry median PB Ratio is 2.14. Zhejiang Zhenshi New Materials Co's value of 4.01 is 87.4% above this industry median. Based on the distribution chart, Zhejiang Zhenshi New Materials Co ranks #2222 out of 2982 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Zhejiang Zhenshi New Materials Co has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Zhenshi New Materials Co's PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Zhejiang Zhenshi New Materials Co ranks #2222 out of 2982 companies for PB Ratio. This places Zhejiang Zhenshi New Materials Co in the lower half of its industry. The industry median PB Ratio is 2.14. Zhejiang Zhenshi New Materials Co's value of 4.01 is 87.4% above this benchmark. Historically, Zhejiang Zhenshi New Materials Co's own PB Ratio has ranged from 4.01 to 8.73 over the past decade. While the company's 10-year median is 5.29 vs. the industry median of 2.14, Zhejiang Zhenshi New Materials 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 an Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.14, based on 2,982 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. Zhejiang Zhenshi New Materials Co's current PB Ratio of 4.01 is 87.4% 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 Zhejiang Zhenshi New Materials Co and its competitors. For the Industrial Products industry, the median PB Ratio is 2.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Zhenshi New Materials Co's current PB Ratio is 4.01, which is 24% below median its own 10-year median of 5.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Zhenshi New Materials Co stock overvalued right now?
Zhejiang Zhenshi New Materials Co (SHSE:601112) has a current PB Ratio of 4.01. The current PB Ratio is 4.01, which is 24% below median its 10-year median of 5.29 and 87.4% above the Industrial Products industry median of 2.14. Zhejiang Zhenshi New Materials Co's overall GF Score™ is 11/100 with 3 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 Zhejiang Zhenshi New Materials Co (SHSE:601112), the current PB Ratio is 4.01 as of Jul. 17, 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.
Zhejiang Zhenshi New Materials Co Business Description
Zhejiang Zhenshi New Materials Co Ltd is engaged in the research and development, production, and sale of fiber reinforcement materials for clean energy applications. Its activities include the manufacturing and sale of fiberglass, glass fiber reinforced plastic products, high-performance fibers and composites, as well as related power electronic components. The company specializes in the research and development, production and sales of high-performance fiber weaving, thermosetting and thermoplastic composite products. The products are used in new energy wind power, solar photovoltaic, new energy vehicles, transportation, building materials and home furnishings.
11GF Score
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