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Zhejiang Wansheng CoSHSE:603010 +1.02%61 PB Ratio is 2.46 as of Aug. 08, 2026, which is 27% below its 10-year median of 3.35. GuruFocus rates SHSE:603010 with a GF Score™ of 61/100 and a GF Value™ of ¥11.03 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,577 Chemicals companies, Zhejiang Wansheng Co ranks worse than 65.57% on this metric.
The historical rank and industry rank for Zhejiang Wansheng Co's PB Ratio or its related term are showing as below:
SHSE:603010'
s PB Ratio Range Over the Past 10 Years
Min: 1.21 Med: 3.35 Max: 10.2
Current: 2.46
During the past 13 years, Zhejiang Wansheng Co's highest PB Ratio was 10.20. The lowest was 1.21. And the median was 3.35.
SHSE:603010's PB Ratio is ranked worse than 65.57% of 1577
companies
in the Chemicals industry
Industry Median: 1.72
vs SHSE:603010: 2.46
During the past 12 months, Zhejiang Wansheng Co's average Book Value Per Share Growth Rate was -28.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -13.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 6.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 14.50% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Zhejiang Wansheng Co was 39.00% per year. The lowest was -13.10% per year. And the median was 25.20% 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.
Zhejiang Wansheng Co PB Ratio Related Terms
Zhejiang Wansheng Co PB Ratio Historical Data
* Premium members only.
The historical data trend for Zhejiang Wansheng 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 Specialty Chemicals subindustry, Zhejiang Wansheng 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 Wansheng Co PB Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Zhejiang Wansheng Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Zhejiang Wansheng 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 Wansheng Co (SHSE:603010) has a PB Ratio of 2.46 as of Aug. 08, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Zhejiang Wansheng Co and its competitors. This is 27% below median its historical median of 3.35. Over the past decade, Zhejiang Wansheng Co's PB Ratio has ranged from 1.21 to 10.20. According to the industry distribution chart, Zhejiang Wansheng Co ranks #1034 out of 1577 companies in the Chemicals industry, placing it in the top 65.6%.
Is Zhejiang Wansheng Co's PB Ratio too high?
Zhejiang Wansheng Co's current PB Ratio of 2.46 is 27% below median its 10-year median of 3.35. Over the past 10 years, this metric has ranged from a low of 1.21 to a high of 10.20. The Chemicals industry median PB Ratio is 1.72. Zhejiang Wansheng Co's value of 2.46 is 43% above this industry median. Based on the distribution chart, Zhejiang Wansheng Co ranks #1034 out of 1577 companies in the Chemicals industry, which is below the industry midpoint. Overall, Zhejiang Wansheng Co has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Wansheng Co's PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Zhejiang Wansheng Co ranks #1034 out of 1577 companies for PB Ratio. This places Zhejiang Wansheng Co in the lower half of its industry. The industry median PB Ratio is 1.72. Zhejiang Wansheng Co's value of 2.46 is 43% above this benchmark. Historically, Zhejiang Wansheng Co's own PB Ratio has ranged from 1.21 to 10.20 over the past decade. While the company's 10-year median is 3.35 vs. the industry median of 1.72, Zhejiang Wansheng 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 Chemicals company?
The median PB Ratio among Chemicals companies is 1.72, based on 1,577 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 Wansheng Co's current PB Ratio of 2.46 is 43% 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 Wansheng Co and its competitors. For the Chemicals industry, the median PB Ratio is 1.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Wansheng Co's current PB Ratio is 2.46, which is 27% below median its own 10-year median of 3.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Wansheng Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Wansheng Co (SHSE:603010) is currently considered Fairly Valued. The stock's GF Value™ is ¥11.03, compared to a current price of ¥10.90 — trading 1.2% below its estimated fair value. The current PB Ratio is 2.46, which is 27% below median its 10-year median of 3.35 and 43% above the Chemicals industry median of 1.72. Zhejiang Wansheng Co's overall GF Score™ is 61/100 with 8 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 Wansheng Co (SHSE:603010), the current PB Ratio is 2.46 as of Aug. 08, 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 Wansheng Co (SHSE:603010) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Wansheng Co stock appears to be undervalued.
The current stock price of ¥10.90 is trading 1.2% below its estimated GF Value™ of ¥11.03.
GuruFocus considers Zhejiang Wansheng Co to be Fairly Valued.
Key valuation signals for SHSE:603010:
PB Ratio: 2.46 (27% below median its 10-year median of 3.35)
GF Value™: ¥11.03 vs. price of ¥10.90 (1.2% below fair value)
Industry Position: 43% above the Chemicals median (#1034 of 1577)
No single metric tells the full story. See the SHSE:603010 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang Wansheng Co Ltd is a China-based chemical producer. The company is engaged in the manufacturing and sale of organic phosphorus-based flame retardants for rigid and flexible foam, special amines, and cardanol based curing agents and diluents. Its products are mainly used in the aerospace, automotive, electronics, construction, and furniture industry. The firm has a global presence and its products are exported to various countries and regions including the United States, Europe, South America, South Korea, Japan, and Southeast Asia.
61GF Score
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