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Hangzhou XZB Tech CoSHSE:603040 -4.21%84 PB Ratio is 6.36 as of Jul. 29, 2026, which is 101% above its 10-year median of 3.16. GuruFocus rates SHSE:603040 with a GF Score™ of 84/100 and a GF Value™ of ¥24.04 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,294 Vehicles & Parts companies, Hangzhou XZB Tech Co ranks worse than 93.97% on this metric.
The historical rank and industry rank for Hangzhou XZB Tech Co's PB Ratio or its related term are showing as below:
SHSE:603040'
s PB Ratio Range Over the Past 10 Years
Min: 1.84 Med: 3.16 Max: 13.79
Current: 6.36
During the past 13 years, Hangzhou XZB Tech Co's highest PB Ratio was 13.79. The lowest was 1.84. And the median was 3.16.
SHSE:603040's PB Ratio is ranked worse than 93.97% of 1294
companies
in the Vehicles & Parts industry
Industry Median: 1.38
vs SHSE:603040: 6.36
During the past 12 months, Hangzhou XZB Tech Co's average Book Value Per Share Growth Rate was 8.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 10.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 10.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 15.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Hangzhou XZB Tech Co was 28.00% per year. The lowest was 3.40% per year. And the median was 12.05% per year.
Back to Basics: PB Ratio
Hangzhou XZB Tech Co (SHSE:603040) 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.
Hangzhou XZB Tech Co PB Ratio Related Terms
Hangzhou XZB Tech Co PB Ratio Historical Data
* Premium members only.
The historical data trend for Hangzhou XZB Tech 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 Auto Parts subindustry, Hangzhou XZB Tech 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.
Hangzhou XZB Tech Co PB Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Hangzhou XZB Tech Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Hangzhou XZB Tech 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.
Hangzhou XZB Tech Co (SHSE:603040) has a PB Ratio of 6.36 as of Jul. 29, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Hangzhou XZB Tech Co and its competitors. This is 101% above median its historical median of 3.16. Over the past decade, Hangzhou XZB Tech Co's PB Ratio has ranged from 1.84 to 13.79. According to the industry distribution chart, Hangzhou XZB Tech Co ranks #1216 out of 1294 companies in the Vehicles & Parts industry, placing it in the top 94%.
Is Hangzhou XZB Tech Co's PB Ratio too high?
Hangzhou XZB Tech Co's current PB Ratio of 6.36 is 101% above median its 10-year median of 3.16. Over the past 10 years, this metric has ranged from a low of 1.84 to a high of 13.79. The Vehicles & Parts industry median PB Ratio is 1.38. Hangzhou XZB Tech Co's value of 6.36 is 360.9% above this industry median. Based on the distribution chart, Hangzhou XZB Tech Co ranks #1216 out of 1294 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Hangzhou XZB Tech Co has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hangzhou XZB Tech Co's PB Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Hangzhou XZB Tech Co ranks #1216 out of 1294 companies for PB Ratio. This places Hangzhou XZB Tech Co in the lower half of its industry. The industry median PB Ratio is 1.38. Hangzhou XZB Tech Co's value of 6.36 is 360.9% above this benchmark. Historically, Hangzhou XZB Tech Co's own PB Ratio has ranged from 1.84 to 13.79 over the past decade. While the company's 10-year median is 3.16 vs. the industry median of 1.38, Hangzhou XZB Tech 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 Vehicles & Parts company?
The median PB Ratio among Vehicles & Parts companies is 1.38, based on 1,294 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. Hangzhou XZB Tech Co's current PB Ratio of 6.36 is 360.9% 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 Hangzhou XZB Tech Co and its competitors. For the Vehicles & Parts industry, the median PB Ratio is 1.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hangzhou XZB Tech Co's current PB Ratio is 6.36, which is 101% above median its own 10-year median of 3.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hangzhou XZB Tech Co stock overvalued right now?
Based on GuruFocus' analysis, Hangzhou XZB Tech Co (SHSE:603040) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥24.04, compared to a current price of ¥50.00 — trading 108% above its estimated fair value. The current PB Ratio is 6.36, which is 101% above median its 10-year median of 3.16 and 360.9% above the Vehicles & Parts industry median of 1.38. Hangzhou XZB Tech Co's overall GF Score™ is 84/100 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 Hangzhou XZB Tech Co (SHSE:603040), the current PB Ratio is 6.36 as of Jul. 29, 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 Hangzhou XZB Tech Co (SHSE:603040) Overvalued in 2026?
Based on GuruFocus' analysis, Hangzhou XZB Tech Co stock appears to be overvalued.
The current stock price of ¥50.00 is trading 108% above its estimated GF Value™ of ¥24.04.
GuruFocus considers Hangzhou XZB Tech Co to be Significantly Overvalued.
Key valuation signals for SHSE:603040:
PB Ratio: 6.36 (101% above median its 10-year median of 3.16)
GF Value™: ¥24.04 vs. price of ¥50.00 (108% above fair value)
Industry Position: 360.9% above the Vehicles & Parts median (#1216 of 1294)
No single metric tells the full story. See the SHSE:603040 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hangzhou XZB Tech Co Ltd is a China based company engaged in the research and development of valve train systems and parts manufacturing in car industry. The products offered by the company includes valve cotters (collets), valve spring retainers, hydraulic lash adjusters and finger followers, push rods and tappets for heavy-duty diesel engines. In addition, the company also produces precision cold-forming components together with good service for power tools, household electrical appliance, aerospace, machinery and other applications.
84GF Score
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