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SHSE:603026's PB Ratio is ranked worse than 72.37% of 1578
companies
in the Chemicals industry
Industry Median: 1.76
vs SHSE:603026: 3.00
During the past 12 months, Shida Shinghwa Advanced Material Group Co's average Book Value Per Share Growth Rate was 16.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 2.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 13.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 14.20% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Shida Shinghwa Advanced Material Group Co was 29.70% per year. The lowest was 1.50% per year. And the median was 7.90% 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.
Shida Shinghwa Advanced Material Group Co PB Ratio Related Terms
Shida Shinghwa Advanced Material Group 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.
Shida Shinghwa Advanced Material Group Co PB Ratio Chart
Shida Shinghwa Advanced Material Group Co Annual Data
For the Chemicals subindustry, Shida Shinghwa Advanced Material Group 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.
Shida Shinghwa Advanced Material Group Co PB Ratio vs Chemicals Industry
Shida Shinghwa Advanced Material Group 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.
Shida Shinghwa Advanced Material Group Co (SHSE:603026) has a PB Ratio of 3.00 as of Aug. 12, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Shida Shinghwa Advanced Material Group Co and its competitors. This is 19% below median its historical median of 3.70. Over the past decade, Shida Shinghwa Advanced Material Group Co's PB Ratio has ranged from 1.35 to 26.83. According to the industry distribution chart, Shida Shinghwa Advanced Material Group Co ranks #1142 out of 1578 companies in the Chemicals industry, placing it in the top 72.4%.
Is Shida Shinghwa Advanced Material Group Co's PB Ratio too high?
Shida Shinghwa Advanced Material Group Co's current PB Ratio of 3.00 is 19% below median its 10-year median of 3.70. Over the past 10 years, this metric has ranged from a low of 1.35 to a high of 26.83. The Chemicals industry median PB Ratio is 1.76. Shida Shinghwa Advanced Material Group Co's value of 3.00 is 70.5% above this industry median. Based on the distribution chart, Shida Shinghwa Advanced Material Group Co ranks #1142 out of 1578 companies in the Chemicals industry, which is below the industry midpoint. Overall, Shida Shinghwa Advanced Material Group Co has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shida Shinghwa Advanced Material Group Co's PB Ratio compare to DOW?
According to the Chemicals industry distribution chart, Shida Shinghwa Advanced Material Group Co ranks #1142 out of 1578 companies for PB Ratio. This places Shida Shinghwa Advanced Material Group Co in the lower half of its industry. The industry median PB Ratio is 1.76. Shida Shinghwa Advanced Material Group Co's value of 3.00 is 70.5% above this benchmark. Historically, Shida Shinghwa Advanced Material Group Co's own PB Ratio has ranged from 1.35 to 26.83 over the past decade. While the company's 10-year median is 3.70 vs. the industry median of 1.76, Shida Shinghwa Advanced Material Group 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 1.76, based on 1,578 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. Shida Shinghwa Advanced Material Group Co's current PB Ratio of 3.00 is 70.5% 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 Shida Shinghwa Advanced Material Group Co and its competitors. For the Chemicals industry, the median PB Ratio is 1.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shida Shinghwa Advanced Material Group Co's current PB Ratio is 3.00, which is 19% below median its own 10-year median of 3.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shida Shinghwa Advanced Material Group Co stock overvalued right now?
Based on GuruFocus' analysis, Shida Shinghwa Advanced Material Group Co (SHSE:603026) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥42.00, compared to a current price of ¥67.07 — trading 59.7% above its estimated fair value. The current PB Ratio is 3.00, which is 19% below median its 10-year median of 3.70 and 70.5% above the Chemicals industry median of 1.76. Shida Shinghwa Advanced Material Group Co's overall GF Score™ is 60/100 with 11 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 Shida Shinghwa Advanced Material Group Co (SHSE:603026), the current PB Ratio is 3.00 as of Aug. 12, 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 Shida Shinghwa Advanced Material Group Co (SHSE:603026) Overvalued in 2026?
Based on GuruFocus' analysis, Shida Shinghwa Advanced Material Group Co stock appears to be overvalued.
The current stock price of ¥67.07 is trading 59.7% above its estimated GF Value™ of ¥42.00.
GuruFocus considers Shida Shinghwa Advanced Material Group Co to be Significantly Overvalued.
Key valuation signals for SHSE:603026:
PB Ratio: 3.00 (19% below median its 10-year median of 3.70)
GF Value™: ¥42.00 vs. price of ¥67.07 (59.7% above fair value)
Industry Position: 70.5% above the Chemicals median (#1142 of 1578)
No single metric tells the full story. See the SHSE:603026 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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