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Hainan Mining CoSHSE:601969 -1.32%82 PB Ratio is 2.35 as of Jul. 17, 2026, which is 13% below its 10-year median of 2.70. GuruFocus rates SHSE:601969 with a GF Score™ of 82/100 and a GF Value™ of ¥8.59 (Fairly Valued). The stock has 5 warning signs investors should review. Among 610 Steel companies, Hainan Mining Co ranks worse than 82.46% on this metric.
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. As of today (2026-07-17), Hainan Mining Co's share price is ¥8.23. Hainan Mining Co's Book Value per Share for the quarter that ended in Mar. 2026 was ¥3.51. Hence, Hainan Mining Co's PB Ratio of today is 2.35.
Good Sign:
Hainan Mining Co Ltd stock PB Ratio (=2.26) is close to 1-year low of 2.18.
The historical rank and industry rank for Hainan Mining Co's PB Ratio or its related term are showing as below:
SHSE:601969'
s PB Ratio Range Over the Past 10 Years
Min: 1.59 Med: 2.7 Max: 10.83
Current: 2.34
During the past 13 years, Hainan Mining Co's highest PB Ratio was 10.83. The lowest was 1.59. And the median was 2.70.
SHSE:601969's PB Ratio is ranked worse than 82.46% of 610
companies
in the Steel industry
Industry Median: 0.985
vs SHSE:601969: 2.34
During the past 12 months, Hainan Mining Co's average Book Value Per Share Growth Rate was -1.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 3.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 10.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 4.90% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Hainan Mining Co was 17.40% per year. The lowest was -6.70% per year. And the median was 5.70% per year.
Back to Basics: PB Ratio
Hainan Mining Co (SHSE:601969) 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.
Hainan Mining Co PB Ratio Related Terms
Hainan Mining Co PB Ratio Historical Data
* Premium members only.
The historical data trend for Hainan Mining Co's PB Ratio can be seen below:
* 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 Steel subindustry, Hainan Mining 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.
Hainan Mining Co PB Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Hainan Mining Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Hainan Mining 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.
Hainan Mining Co (SHSE:601969) has a PB Ratio of 2.35 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 Hainan Mining Co and its competitors. This is 13% below median its historical median of 2.70. Over the past decade, Hainan Mining Co's PB Ratio has ranged from 1.59 to 10.83. According to the industry distribution chart, Hainan Mining Co ranks #503 out of 610 companies in the Steel industry, placing it in the top 82.5%.
Is Hainan Mining Co's PB Ratio too high?
Hainan Mining Co's current PB Ratio of 2.35 is 13% below median its 10-year median of 2.70. Over the past 10 years, this metric has ranged from a low of 1.59 to a high of 10.83. The Steel industry median PB Ratio is 0.99. Hainan Mining Co's value of 2.35 is 138.6% above this industry median. Based on the distribution chart, Hainan Mining Co ranks #503 out of 610 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Hainan Mining Co has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hainan Mining Co's PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Hainan Mining Co ranks #503 out of 610 companies for PB Ratio. This places Hainan Mining Co in the lower half of its industry. The industry median PB Ratio is 0.99. Hainan Mining Co's value of 2.35 is 138.6% above this benchmark. Historically, Hainan Mining Co's own PB Ratio has ranged from 1.59 to 10.83 over the past decade. While the company's 10-year median is 2.70 vs. the industry median of 0.99, Hainan Mining 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 0.99, based on 610 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. Hainan Mining Co's current PB Ratio of 2.35 is 138.6% 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 Hainan Mining Co and its competitors. For the Steel industry, the median PB Ratio is 0.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hainan Mining Co's current PB Ratio is 2.35, which is 13% below median its own 10-year median of 2.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hainan Mining Co stock overvalued right now?
Based on GuruFocus' analysis, Hainan Mining Co (SHSE:601969) is currently considered Fairly Valued. The stock's GF Value™ is ¥8.59, compared to a current price of ¥8.23 — trading 4.2% below its estimated fair value. The current PB Ratio is 2.35, which is 13% below median its 10-year median of 2.70 and 138.6% above the Steel industry median of 0.99. Hainan Mining Co's overall GF Score™ is 82/100 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 Hainan Mining Co (SHSE:601969), the current PB Ratio is 2.35 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.
Is Hainan Mining Co (SHSE:601969) Overvalued in 2026?
Based on GuruFocus' analysis, Hainan Mining Co stock appears to be undervalued.
The current stock price of ¥8.23 is trading 4.2% below its estimated GF Value™ of ¥8.59.
GuruFocus considers Hainan Mining Co to be Fairly Valued.
Key valuation signals for SHSE:601969:
PB Ratio: 2.35 (13% below median its 10-year median of 2.70)
GF Value™: ¥8.59 vs. price of ¥8.23 (4.2% below fair value)
Industry Position: 138.6% above the Steel median (#503 of 610)
No single metric tells the full story. See the SHSE:601969 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hainan Mining Co Ltd is a China-based company engages in the business of iron ore mining. It offers a range of product that is lump ore, fine ore, and iron fine powder to iron and steel companies. It holds an interest in Shilu, a multi-metal and non-metallic mineral deposit located in China.
82GF Score
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