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Shanghai Baosteel Packaging CoSHSE:601968 -2.80%60 PB Ratio is 1.17 as of Jul. 21, 2026, which is 39% below its 10-year median of 1.92. GuruFocus rates SHSE:601968 with a GF Score™ of 60/100 and a GF Value™ of ¥5.80 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 389 Packaging & Containers companies, Shanghai Baosteel Packaging Co ranks better than 50.64% on this metric.
Shanghai Baosteel Packaging Co Ltd stock PB Ratio (=1.21) is close to 10-year low of 1.12.
The historical rank and industry rank for Shanghai Baosteel Packaging Co's PB Ratio or its related term are showing as below:
SHSE:601968'
s PB Ratio Range Over the Past 10 Years
Min: 1.12 Med: 1.92 Max: 4.82
Current: 1.17
During the past 13 years, Shanghai Baosteel Packaging Co's highest PB Ratio was 4.82. The lowest was 1.12. And the median was 1.92.
SHSE:601968's PB Ratio is ranked better than 50.64% of 389
companies
in the Packaging & Containers industry
Industry Median: 1.17
vs SHSE:601968: 1.17
During the past 12 months, Shanghai Baosteel Packaging Co's average Book Value Per Share Growth Rate was 0.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 2.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 4.30% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 4.80% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Shanghai Baosteel Packaging Co was 14.40% per year. The lowest was 0.70% per year. And the median was 5.20% per year.
Back to Basics: PB Ratio
Shanghai Baosteel Packaging Co (SHSE:601968) 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.
Shanghai Baosteel Packaging Co PB Ratio Related Terms
Shanghai Baosteel Packaging 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 Packaging & Containers subindustry, Shanghai Baosteel Packaging 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.
Shanghai Baosteel Packaging Co PB Ratio vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Shanghai Baosteel Packaging Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Shanghai Baosteel Packaging Co's PB Ratio falls into.
Shanghai Baosteel Packaging 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.
Shanghai Baosteel Packaging Co (SHSE:601968) has a PB Ratio of 1.17 as of Jul. 21, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Shanghai Baosteel Packaging Co and its competitors. This is 39% below median its historical median of 1.92. Over the past decade, Shanghai Baosteel Packaging Co's PB Ratio has ranged from 1.12 to 4.82. According to the industry distribution chart, Shanghai Baosteel Packaging Co ranks #192 out of 389 companies in the Packaging & Containers industry, placing it in the top 49.4%.
Is Shanghai Baosteel Packaging Co's PB Ratio too high?
Shanghai Baosteel Packaging Co's current PB Ratio of 1.17 is 39% below median its 10-year median of 1.92. Over the past 10 years, this metric has ranged from a low of 1.12 to a high of 4.82. The Packaging & Containers industry median PB Ratio is 1.17. Shanghai Baosteel Packaging Co's value of 1.17 is 0% at this industry median. Based on the distribution chart, Shanghai Baosteel Packaging Co ranks #192 out of 389 companies in the Packaging & Containers industry, which is above the industry midpoint. Overall, Shanghai Baosteel Packaging Co has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Baosteel Packaging Co's PB Ratio compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Shanghai Baosteel Packaging Co ranks #192 out of 389 companies for PB Ratio. This puts Shanghai Baosteel Packaging Co in the upper half of its industry. The industry median PB Ratio is 1.17. Shanghai Baosteel Packaging Co's value of 1.17 is 0% at this benchmark. Historically, Shanghai Baosteel Packaging Co's own PB Ratio has ranged from 1.12 to 4.82 over the past decade. While the company's 10-year median is 1.92 vs. the industry median of 1.17, Shanghai Baosteel Packaging Co has consistently been at 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 Packaging & Containers company?
The median PB Ratio among Packaging & Containers companies is 1.17, based on 389 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. Shanghai Baosteel Packaging Co's current PB Ratio of 1.17 is 0% at 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 Shanghai Baosteel Packaging Co and its competitors. For the Packaging & Containers industry, the median PB Ratio is 1.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Baosteel Packaging Co's current PB Ratio is 1.17, which is 39% below median its own 10-year median of 1.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Baosteel Packaging Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Baosteel Packaging Co (SHSE:601968) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥5.80, compared to a current price of ¥4.16 — trading 28.3% below its estimated fair value. The current PB Ratio is 1.17, which is 39% below median its 10-year median of 1.92 and 0% at the Packaging & Containers industry median of 1.17. Shanghai Baosteel Packaging Co's overall GF Score™ is 60/100 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 Shanghai Baosteel Packaging Co (SHSE:601968), the current PB Ratio is 1.17 as of Jul. 21, 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 Shanghai Baosteel Packaging Co (SHSE:601968) Overvalued in 2026?
Based on GuruFocus' analysis, Shanghai Baosteel Packaging Co stock appears to be undervalued.
The current stock price of ¥4.16 is trading 28.3% below its estimated GF Value™ of ¥5.80.
GuruFocus considers Shanghai Baosteel Packaging Co to be Modestly Undervalued.
Key valuation signals for SHSE:601968:
PB Ratio: 1.17 (39% below median its 10-year median of 1.92)
GF Value™: ¥5.80 vs. price of ¥4.16 (28.3% below fair value)
Industry Position: 0% at the Packaging & Containers median (#192 of 389)
No single metric tells the full story. See the SHSE:601968 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanghai Baosteel Packaging Co Business Description
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