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Shandong Linglong Tyre CoSHSE:601966 +1.84%69 PB Ratio is 0.71 as of Jul. 16, 2026, which is 65% below its 10-year median of 2.04. GuruFocus rates SHSE:601966 with a GF Score™ of 69/100 and a GF Value™ of ¥20.23 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,294 Vehicles & Parts companies, Shandong Linglong Tyre Co ranks better than 73.42% on this metric.
Shandong Linglong Tyre Co Ltd stock PB Ratio (=0.68) is close to 10-year low of 0.65.
The historical rank and industry rank for Shandong Linglong Tyre Co's PB Ratio or its related term are showing as below:
SHSE:601966'
s PB Ratio Range Over the Past 10 Years
Min: 0.65 Med: 2.04 Max: 6.15
Current: 0.71
During the past 13 years, Shandong Linglong Tyre Co's highest PB Ratio was 6.15. The lowest was 0.65. And the median was 2.04.
SHSE:601966's PB Ratio is ranked better than 73.42% of 1294
companies
in the Vehicles & Parts industry
Industry Median: 1.385
vs SHSE:601966: 0.71
During the past 12 months, Shandong Linglong Tyre Co's average Book Value Per Share Growth Rate was 3.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 6.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 6.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 12.30% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Shandong Linglong Tyre Co was 24.10% per year. The lowest was 5.70% per year. And the median was 13.05% per year.
Back to Basics: PB Ratio
Shandong Linglong Tyre Co (SHSE:601966) 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.
Shandong Linglong Tyre Co PB Ratio Related Terms
Shandong Linglong Tyre 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 Auto Parts subindustry, Shandong Linglong Tyre 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.
Shandong Linglong Tyre Co PB Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Shandong Linglong Tyre Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Shandong Linglong Tyre 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.
Shandong Linglong Tyre Co (SHSE:601966) has a PB Ratio of 0.71 as of Jul. 16, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Shandong Linglong Tyre Co and its competitors. This is 65% below median its historical median of 2.04. Over the past decade, Shandong Linglong Tyre Co's PB Ratio has ranged from 0.65 to 6.15. According to the industry distribution chart, Shandong Linglong Tyre Co ranks #344 out of 1294 companies in the Vehicles & Parts industry, placing it in the top 26.6%.
Is Shandong Linglong Tyre Co's PB Ratio too high?
Shandong Linglong Tyre Co's current PB Ratio of 0.71 is 65% below median its 10-year median of 2.04. Over the past 10 years, this metric has ranged from a low of 0.65 to a high of 6.15. The Vehicles & Parts industry median PB Ratio is 1.39. Shandong Linglong Tyre Co's value of 0.71 is 48.7% below this industry median. Based on the distribution chart, Shandong Linglong Tyre Co ranks #344 out of 1294 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Shandong Linglong Tyre Co has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shandong Linglong Tyre Co's PB Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Shandong Linglong Tyre Co ranks #344 out of 1294 companies for PB Ratio. This puts Shandong Linglong Tyre Co in the upper half of its industry. The industry median PB Ratio is 1.39. Shandong Linglong Tyre Co's value of 0.71 is 48.7% below this benchmark. Historically, Shandong Linglong Tyre Co's own PB Ratio has ranged from 0.65 to 6.15 over the past decade. While the company's 10-year median is 2.04 vs. the industry median of 1.39, Shandong Linglong Tyre 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 Vehicles & Parts company?
The median PB Ratio among Vehicles & Parts companies is 1.39, based on 1,294 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. Shandong Linglong Tyre Co's current PB Ratio of 0.71 is 48.7% 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 Shandong Linglong Tyre Co and its competitors. For the Vehicles & Parts industry, the median PB Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shandong Linglong Tyre Co's current PB Ratio is 0.71, which is 65% below median its own 10-year median of 2.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shandong Linglong Tyre Co stock overvalued right now?
Based on GuruFocus' analysis, Shandong Linglong Tyre Co (SHSE:601966) is currently considered Possible Value Trap. The stock's GF Value™ is ¥20.23, compared to a current price of ¥11.07 — trading 45.3% below its estimated fair value. The current PB Ratio is 0.71, which is 65% below median its 10-year median of 2.04 and 48.7% below the Vehicles & Parts industry median of 1.39. Shandong Linglong Tyre Co's overall GF Score™ is 69/100 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 Shandong Linglong Tyre Co (SHSE:601966), the current PB Ratio is 0.71 as of Jul. 16, 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 Shandong Linglong Tyre Co (SHSE:601966) Overvalued in 2026?
Based on GuruFocus' analysis, Shandong Linglong Tyre Co stock appears to be undervalued.
The current stock price of ¥11.07 is trading 45.3% below its estimated GF Value™ of ¥20.23.
GuruFocus considers Shandong Linglong Tyre Co to be Possible Value Trap.
Key valuation signals for SHSE:601966:
PB Ratio: 0.71 (65% below median its 10-year median of 2.04)
GF Value™: ¥20.23 vs. price of ¥11.07 (45.3% below fair value)
Industry Position: 48.7% below the Vehicles & Parts median (#344 of 1294)
No single metric tells the full story. See the SHSE:601966 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shandong Linglong Tyre Co Ltd is a China-based tire manufacturing company engaged in the business of manufacturing and selling tires. Its product portfolio comprises of passenger car radial tires, light truck radial tires, truck and bus radial tires, specialty tires, winter tires, SUV tires, and others. It offers tire products under the brands Linglong, LEAO, GREEN MAX, ATLAS, INFINITY, CROSSWIND, and EVOLUXX.
69GF Score
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