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SHSE:601686's PB Ratio is ranked worse than 56.32% of 609
companies
in the Steel industry
Industry Median: 0.96
vs SHSE:601686: 1.09
During the past 12 months, Tianjin You Fa Steel Pipe Group Stock Co's average Book Value Per Share Growth Rate was 0.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 0.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 1.40% per year.
During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of Tianjin You Fa Steel Pipe Group Stock Co was 28.20% per year. The lowest was 0.70% per year. And the median was 15.40% per year.
Back to Basics: PB Ratio
Tianjin You Fa Steel Pipe Group Stock Co (SHSE:601686) 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.
Tianjin You Fa Steel Pipe Group Stock Co PB Ratio Related Terms
Tianjin You Fa Steel Pipe Group Stock 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.
Tianjin You Fa Steel Pipe Group Stock Co PB Ratio Chart
Tianjin You Fa Steel Pipe Group Stock Co Annual Data
* 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.
Tianjin You Fa Steel Pipe Group Stock Co PB Ratio vs Steel Industry
Tianjin You Fa Steel Pipe Group Stock 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.
Tianjin You Fa Steel Pipe Group Stock Co (SHSE:601686) has a PB Ratio of 1.09 as of Jul. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Tianjin You Fa Steel Pipe Group Stock Co and its competitors. This is 20% below median its historical median of 1.37. Over the past decade, Tianjin You Fa Steel Pipe Group Stock Co's PB Ratio has ranged from 1.04 to 5.79. According to the industry distribution chart, Tianjin You Fa Steel Pipe Group Stock Co ranks #343 out of 609 companies in the Steel industry, placing it in the top 56.3%.
Is Tianjin You Fa Steel Pipe Group Stock Co's PB Ratio too high?
Tianjin You Fa Steel Pipe Group Stock Co's current PB Ratio of 1.09 is 20% below median its 10-year median of 1.37. Over the past 10 years, this metric has ranged from a low of 1.04 to a high of 5.79. The Steel industry median PB Ratio is 0.96. Tianjin You Fa Steel Pipe Group Stock Co's value of 1.09 is 13.5% above this industry median. Based on the distribution chart, Tianjin You Fa Steel Pipe Group Stock Co ranks #343 out of 609 companies in the Steel industry, which is below the industry midpoint. Overall, Tianjin You Fa Steel Pipe Group Stock Co has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tianjin You Fa Steel Pipe Group Stock Co's PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Tianjin You Fa Steel Pipe Group Stock Co ranks #343 out of 609 companies for PB Ratio. This places Tianjin You Fa Steel Pipe Group Stock Co in the lower half of its industry. The industry median PB Ratio is 0.96. Tianjin You Fa Steel Pipe Group Stock Co's value of 1.09 is 13.5% above this benchmark. Historically, Tianjin You Fa Steel Pipe Group Stock Co's own PB Ratio has ranged from 1.04 to 5.79 over the past decade. While the company's 10-year median is 1.37 vs. the industry median of 0.96, Tianjin You Fa Steel Pipe Group Stock 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 0.96, 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. Tianjin You Fa Steel Pipe Group Stock Co's current PB Ratio of 1.09 is 13.5% 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 Tianjin You Fa Steel Pipe Group Stock Co and its competitors. For the Steel industry, the median PB Ratio is 0.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tianjin You Fa Steel Pipe Group Stock Co's current PB Ratio is 1.09, which is 20% below median its own 10-year median of 1.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tianjin You Fa Steel Pipe Group Stock Co stock overvalued right now?
Based on GuruFocus' analysis, Tianjin You Fa Steel Pipe Group Stock Co (SHSE:601686) is currently considered Fairly Valued. The stock's GF Value™ is ¥5.46, compared to a current price of ¥5.08 — trading 7% below its estimated fair value. The current PB Ratio is 1.09, which is 20% below median its 10-year median of 1.37 and 13.5% above the Steel industry median of 0.96. Tianjin You Fa Steel Pipe Group Stock Co's overall GF Score™ is 65/100 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 Tianjin You Fa Steel Pipe Group Stock Co (SHSE:601686), the current PB Ratio is 1.09 as of Jul. 14, 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 Tianjin You Fa Steel Pipe Group Stock Co (SHSE:601686) Overvalued in 2026?
Based on GuruFocus' analysis, Tianjin You Fa Steel Pipe Group Stock Co stock appears to be undervalued.
The current stock price of ¥5.08 is trading 7% below its estimated GF Value™ of ¥5.46.
GuruFocus considers Tianjin You Fa Steel Pipe Group Stock Co to be Fairly Valued.
Key valuation signals for SHSE:601686:
PB Ratio: 1.09 (20% below median its 10-year median of 1.37)
GF Value™: ¥5.46 vs. price of ¥5.08 (7% below fair value)
Industry Position: 13.5% above the Steel median (#343 of 609)
No single metric tells the full story. See the SHSE:601686 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tianjin You Fa Steel Pipe Group Stock Co Business Description
Tianjin You Fa Steel Pipe Group Stock Co Ltd formerly Tianjin Youfa Steel Pipe Group Co Ltd is primarily involved in the development, production and sales of welded steel pipes. It offers welded pipes, hot-dip galvanized steel pipes, steel-plastic composite pipes, stainless steel composite pipes, spiral steel pipes and others.
65GF Score
Get the complete analysis for SHSE:601686
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