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SHSE:603048's PB Ratio is ranked worse than 64.99% of 1294
companies
in the Vehicles & Parts industry
Industry Median: 1.39
vs SHSE:603048: 2.05
During the past 12 months, Zhejiang Liming Intelligent Manufacturing Co's average Book Value Per Share Growth Rate was -1.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -0.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 5.50% per year.
During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Zhejiang Liming Intelligent Manufacturing Co was 34.50% per year. The lowest was -0.60% per year. And the median was 11.05% 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 Liming Intelligent Manufacturing Co PB Ratio Related Terms
Zhejiang Liming Intelligent Manufacturing 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.
Zhejiang Liming Intelligent Manufacturing Co PB Ratio Chart
Zhejiang Liming Intelligent Manufacturing Co Annual Data
* 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 Liming Intelligent Manufacturing Co PB Ratio vs Vehicles & Parts Industry
Zhejiang Liming Intelligent Manufacturing 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.
Zhejiang Liming Intelligent Manufacturing Co (SHSE:603048) has a PB Ratio of 2.05 as of Jul. 31, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Zhejiang Liming Intelligent Manufacturing Co and its competitors. This is near median its historical median of 2.00. Over the past decade, Zhejiang Liming Intelligent Manufacturing Co's PB Ratio has ranged from 1.33 to 6.81. According to the industry distribution chart, Zhejiang Liming Intelligent Manufacturing Co ranks #841 out of 1294 companies in the Vehicles & Parts industry, placing it in the top 65%.
Is Zhejiang Liming Intelligent Manufacturing Co's PB Ratio too high?
Zhejiang Liming Intelligent Manufacturing Co's current PB Ratio of 2.05 is near median its 10-year median of 2.00. Over the past 10 years, this metric has ranged from a low of 1.33 to a high of 6.81. The Vehicles & Parts industry median PB Ratio is 1.39. Zhejiang Liming Intelligent Manufacturing Co's value of 2.05 is 47.5% above this industry median. Based on the distribution chart, Zhejiang Liming Intelligent Manufacturing Co ranks #841 out of 1294 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Zhejiang Liming Intelligent Manufacturing Co has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Liming Intelligent Manufacturing Co's PB Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Zhejiang Liming Intelligent Manufacturing Co ranks #841 out of 1294 companies for PB Ratio. This places Zhejiang Liming Intelligent Manufacturing Co in the lower half of its industry. The industry median PB Ratio is 1.39. Zhejiang Liming Intelligent Manufacturing Co's value of 2.05 is 47.5% above this benchmark. Historically, Zhejiang Liming Intelligent Manufacturing Co's own PB Ratio has ranged from 1.33 to 6.81 over the past decade. While the company's 10-year median is 2.00 vs. the industry median of 1.39, Zhejiang Liming Intelligent Manufacturing 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 1.39, 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. Zhejiang Liming Intelligent Manufacturing Co's current PB Ratio of 2.05 is 47.5% 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 Zhejiang Liming Intelligent Manufacturing Co and its competitors. For the Vehicles & Parts industry, the median PB Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Liming Intelligent Manufacturing Co's current PB Ratio is 2.05, which is near median its own 10-year median of 2.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Liming Intelligent Manufacturing Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Liming Intelligent Manufacturing Co (SHSE:603048) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥22.39, compared to a current price of ¥17.83 — trading 20.4% below its estimated fair value. The current PB Ratio is 2.05, which is near median its 10-year median of 2.00 and 47.5% above the Vehicles & Parts industry median of 1.39. Zhejiang Liming Intelligent Manufacturing Co's overall GF Score™ is 83/100 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 Zhejiang Liming Intelligent Manufacturing Co (SHSE:603048), the current PB Ratio is 2.05 as of Jul. 31, 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 Liming Intelligent Manufacturing Co (SHSE:603048) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Liming Intelligent Manufacturing Co stock appears to be undervalued.
The current stock price of ¥17.83 is trading 20.4% below its estimated GF Value™ of ¥22.39.
GuruFocus considers Zhejiang Liming Intelligent Manufacturing Co to be Modestly Undervalued.
Key valuation signals for SHSE:603048:
PB Ratio: 2.05 (near median its 10-year median of 2.00)
GF Value™: ¥22.39 vs. price of ¥17.83 (20.4% below fair value)
Industry Position: 47.5% above the Vehicles & Parts median (#841 of 1294)
No single metric tells the full story. See the SHSE:603048 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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