Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Zhejiang AoKang Shoes CoSHSE:603001 +9.97%48 PB Ratio is 1.95 as of Sep. 21, 2026, which is 103% above its 10-year median of 0.96. GuruFocus rates SHSE:603001 with a GF Score™ of 48/100 and a GF Value™ of ¥3.34 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,010 Manufacturing - Apparel & Accessories companies, Zhejiang AoKang Shoes Co ranks worse than 66.83% on this metric.
The historical rank and industry rank for Zhejiang AoKang Shoes Co's PB Ratio or its related term are showing as below:
SHSE:603001'
s PB Ratio Range Over the Past 10 Years
Min: 0.55 Med: 0.96 Max: 2.51
Current: 1.95
During the past 13 years, Zhejiang AoKang Shoes Co's highest PB Ratio was 2.51. The lowest was 0.55. And the median was 0.96.
SHSE:603001's PB Ratio is ranked worse than 66.83% of 1010
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.06
vs SHSE:603001: 1.95
During the past 12 months, Zhejiang AoKang Shoes Co's average Book Value Per Share Growth Rate was -5.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -7.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -8.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -5.50% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Zhejiang AoKang Shoes Co was 60.30% per year. The lowest was -8.50% per year. And the median was -0.80% per year.
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.
* 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.
SHSE:603001 vs NKE, DECK, ONON: PB Ratio Comparison
For the Footwear & Accessories subindustry, Zhejiang AoKang Shoes 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.
Zhejiang AoKang Shoes Co PB Ratio vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Zhejiang AoKang Shoes Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Zhejiang AoKang Shoes 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.
Zhejiang AoKang Shoes Co (SHSE:603001) has a PB Ratio of 1.95 as of Sep. 21, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Zhejiang AoKang Shoes Co and its competitors. This is 103% above median its historical median of 0.96. Over the past decade, Zhejiang AoKang Shoes Co's PB Ratio has ranged from 0.55 to 2.51. According to the industry distribution chart, Zhejiang AoKang Shoes Co ranks #675 out of 1010 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 66.8%.
Is Zhejiang AoKang Shoes Co's PB Ratio too high?
Zhejiang AoKang Shoes Co's current PB Ratio of 1.95 is 103% above median its 10-year median of 0.96. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 2.51. The Manufacturing - Apparel & Accessories industry median PB Ratio is 1.06. Zhejiang AoKang Shoes Co's value of 1.95 is 84% above this industry median. Based on the distribution chart, Zhejiang AoKang Shoes Co ranks #675 out of 1010 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Zhejiang AoKang Shoes Co has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang AoKang Shoes Co's PB Ratio compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Zhejiang AoKang Shoes Co ranks #675 out of 1010 companies for PB Ratio. This places Zhejiang AoKang Shoes Co in the lower half of its industry. The industry median PB Ratio is 1.06. Zhejiang AoKang Shoes Co's value of 1.95 is 84% above this benchmark. Historically, Zhejiang AoKang Shoes Co's own PB Ratio has ranged from 0.55 to 2.51 over the past decade. While the company's 10-year median is 0.96 vs. the industry median of 1.06, Zhejiang AoKang Shoes 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 Manufacturing - Apparel & Accessories company?
The median PB Ratio among Manufacturing - Apparel & Accessories companies is 1.06, based on 1,010 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. Zhejiang AoKang Shoes Co's current PB Ratio of 1.95 is 84% 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 Zhejiang AoKang Shoes Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median PB Ratio is 1.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang AoKang Shoes Co's current PB Ratio is 1.95, which is 103% above median its own 10-year median of 0.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang AoKang Shoes Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang AoKang Shoes Co (SHSE:603001) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥3.34, compared to a current price of ¥11.47 — trading 243.4% above its estimated fair value. The current PB Ratio is 1.95, which is 103% above median its 10-year median of 0.96 and 84% above the Manufacturing - Apparel & Accessories industry median of 1.06. Zhejiang AoKang Shoes Co's overall GF Score™ is 48/100 with 2 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 Zhejiang AoKang Shoes Co (SHSE:603001), the current PB Ratio is 1.95 as of Sep. 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 Zhejiang AoKang Shoes Co (SHSE:603001) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang AoKang Shoes Co stock appears to be overvalued.
The current stock price of ¥11.47 is trading 243.4% above its estimated GF Value™ of ¥3.34.
GuruFocus considers Zhejiang AoKang Shoes Co to be Significantly Overvalued.
Key valuation signals for SHSE:603001:
PB Ratio: 1.95 (103% above median its 10-year median of 0.96)
GF Value™: ¥3.34 vs. price of ¥11.47 (243.4% above fair value)
Industry Position: 84% above the Manufacturing - Apparel & Accessories median (#675 of 1010)
No single metric tells the full story. See the SHSE:603001 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang AoKang Shoes Co Ltd manufactures and sells leather shoes and leather products. Its main products include business shoes, casual shoes and other shoes, luggages, wallets, and other leather products.
48GF Score
Get the complete analysis for SHSE:603001
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:603001 has been successfully added to your 
