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The historical rank and industry rank for Ningbo Jintian Copper Group Co's PB Ratio or its related term are showing as below:
SHSE:601609'
s PB Ratio Range Over the Past 10 Years
Min: 0.85 Med: 1.5 Max: 3.79
Current: 1.62
During the past 13 years, Ningbo Jintian Copper Group Co's highest PB Ratio was 3.79. The lowest was 0.85. And the median was 1.50.
SHSE:601609's PB Ratio is ranked better than 61.33% of 2356
companies
in the Metals & Mining industry
Industry Median: 2.16
vs SHSE:601609: 1.62
During the past 12 months, Ningbo Jintian Copper Group Co's average Book Value Per Share Growth Rate was 2.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 5.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 5.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 9.30% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Ningbo Jintian Copper Group Co was 13.00% per year. The lowest was 3.30% per year. And the median was 9.20% per year.
Back to Basics: PB Ratio
Ningbo Jintian Copper Group Co (SHSE:601609) 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.
Ningbo Jintian Copper Group Co PB Ratio Related Terms
Ningbo Jintian Copper Group 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 Copper subindustry, Ningbo Jintian Copper 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.
Ningbo Jintian Copper Group Co PB Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Ningbo Jintian Copper Group Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Ningbo Jintian Copper Group Co's PB Ratio falls into.
Ningbo Jintian Copper 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.
* 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.
Ningbo Jintian Copper Group Co (SHSE:601609) has a PB Ratio of 1.62 as of Jul. 22, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Ningbo Jintian Copper Group Co and its competitors. This is near median its historical median of 1.50. Over the past decade, Ningbo Jintian Copper Group Co's PB Ratio has ranged from 0.85 to 3.79. According to the industry distribution chart, Ningbo Jintian Copper Group Co ranks #911 out of 2356 companies in the Metals & Mining industry, placing it in the top 38.7%.
Is Ningbo Jintian Copper Group Co's PB Ratio too high?
Ningbo Jintian Copper Group Co's current PB Ratio of 1.62 is near median its 10-year median of 1.50. Over the past 10 years, this metric has ranged from a low of 0.85 to a high of 3.79. The Metals & Mining industry median PB Ratio is 2.16. Ningbo Jintian Copper Group Co's value of 1.62 is 25% below this industry median. Based on the distribution chart, Ningbo Jintian Copper Group Co ranks #911 out of 2356 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Ningbo Jintian Copper Group Co has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Jintian Copper Group Co's PB Ratio compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, Ningbo Jintian Copper Group Co ranks #911 out of 2356 companies for PB Ratio. This puts Ningbo Jintian Copper Group Co in the upper half of its industry. The industry median PB Ratio is 2.16. Ningbo Jintian Copper Group Co's value of 1.62 is 25% below this benchmark. Historically, Ningbo Jintian Copper Group Co's own PB Ratio has ranged from 0.85 to 3.79 over the past decade. While the company's 10-year median is 1.50 vs. the industry median of 2.16, Ningbo Jintian Copper Group 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 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. Ningbo Jintian Copper Group Co's current PB Ratio of 1.62 is 25% 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 Ningbo Jintian Copper Group 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. Ningbo Jintian Copper Group Co's current PB Ratio is 1.62, which is near median its own 10-year median of 1.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Jintian Copper Group Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Jintian Copper Group Co (SHSE:601609) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥7.59, compared to a current price of ¥9.62 — trading 26.7% above its estimated fair value. The current PB Ratio is 1.62, which is near median its 10-year median of 1.50 and 25% below the Metals & Mining industry median of 2.16. Ningbo Jintian Copper Group Co's overall GF Score™ is 80/100 with 5 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 Ningbo Jintian Copper Group Co (SHSE:601609), the current PB Ratio is 1.62 as of Jul. 22, 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 Ningbo Jintian Copper Group Co (SHSE:601609) Overvalued in 2026?
Based on GuruFocus' analysis, Ningbo Jintian Copper Group Co stock appears to be overvalued.
The current stock price of ¥9.62 is trading 26.7% above its estimated GF Value™ of ¥7.59.
GuruFocus considers Ningbo Jintian Copper Group Co to be Modestly Overvalued.
Key valuation signals for SHSE:601609:
PB Ratio: 1.62 (near median its 10-year median of 1.50)
GF Value™: ¥7.59 vs. price of ¥9.62 (26.7% above fair value)
Industry Position: 25% below the Metals & Mining median (#911 of 2356)
No single metric tells the full story. See the SHSE:601609 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ningbo Jintian Copper Group Co Business Description
Ningbo Jintian Copper Group Co Ltd is engaged in production and sales of recycled copper smelting, copper product processing, deep processing and sintered NdFeB permanent magnet materials. Its activity includes nonferrous and ferrous metal rolling, processing; manufacturing and processing of grinding wheels, wires, motors, hardware, valves, electronic components, fasteners; enameled wire, electrolytic copper, copper rods, plates, tapes, wires, tubes, magnetic materials, stainless steel products.
80GF Score
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