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SHSE:603062's PB Ratio is ranked worse than 55.61% of 1577
companies
in the Chemicals industry
Industry Median: 1.72
vs SHSE:603062: 1.96
During the past 12 months, MEGA P and C Advanced Materials (Shanghai) Co's average Book Value Per Share Growth Rate was -0.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 34.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 46.50% per year.
During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of MEGA P and C Advanced Materials (Shanghai) Co was 84.60% per year. The lowest was 33.20% per year. And the median was 39.75% 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.
MEGA P and C Advanced Materials (Shanghai) Co PB Ratio Related Terms
MEGA P and C Advanced Materials (Shanghai) 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.
MEGA P and C Advanced Materials (Shanghai) Co PB Ratio Chart
MEGA P and C Advanced Materials (Shanghai) 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.
MEGA P and C Advanced Materials (Shanghai) Co PB Ratio vs Chemicals Industry
MEGA P and C Advanced Materials (Shanghai) 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.
MEGA P and C Advanced Materials (Shanghai) Co (SHSE:603062) has a PB Ratio of 1.96 as of Aug. 06, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on MEGA P and C Advanced Materials (Shanghai) Co and its competitors. This is 16% below median its historical median of 2.33. Over the past decade, MEGA P and C Advanced Materials (Shanghai) Co's PB Ratio has ranged from 1.49 to 9.02. According to the industry distribution chart, MEGA P and C Advanced Materials (Shanghai) Co ranks #877 out of 1577 companies in the Chemicals industry, placing it in the top 55.6%.
Is MEGA P and C Advanced Materials (Shanghai) Co's PB Ratio too high?
MEGA P and C Advanced Materials (Shanghai) Co's current PB Ratio of 1.96 is 16% below median its 10-year median of 2.33. Over the past 10 years, this metric has ranged from a low of 1.49 to a high of 9.02. The Chemicals industry median PB Ratio is 1.72. MEGA P and C Advanced Materials (Shanghai) Co's value of 1.96 is 14% above this industry median. Based on the distribution chart, MEGA P and C Advanced Materials (Shanghai) Co ranks #877 out of 1577 companies in the Chemicals industry, which is below the industry midpoint. Overall, MEGA P and C Advanced Materials (Shanghai) Co has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MEGA P and C Advanced Materials (Shanghai) Co's PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, MEGA P and C Advanced Materials (Shanghai) Co ranks #877 out of 1577 companies for PB Ratio. This places MEGA P and C Advanced Materials (Shanghai) Co in the lower half of its industry. The industry median PB Ratio is 1.72. MEGA P and C Advanced Materials (Shanghai) Co's value of 1.96 is 14% above this benchmark. Historically, MEGA P and C Advanced Materials (Shanghai) Co's own PB Ratio has ranged from 1.49 to 9.02 over the past decade. While the company's 10-year median is 2.33 vs. the industry median of 1.72, MEGA P and C Advanced Materials (Shanghai) 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. MEGA P and C Advanced Materials (Shanghai) Co's current PB Ratio of 1.96 is 14% 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 MEGA P and C Advanced Materials (Shanghai) 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. MEGA P and C Advanced Materials (Shanghai) Co's current PB Ratio is 1.96, which is 16% below median its own 10-year median of 2.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MEGA P and C Advanced Materials (Shanghai) Co stock overvalued right now?
Based on GuruFocus' analysis, MEGA P and C Advanced Materials (Shanghai) Co (SHSE:603062) is currently considered Fairly Valued. The stock's GF Value™ is ¥41.33, compared to a current price of ¥38.20 — trading 7.6% below its estimated fair value. The current PB Ratio is 1.96, which is 16% below median its 10-year median of 2.33 and 14% above the Chemicals industry median of 1.72. MEGA P and C Advanced Materials (Shanghai) Co's overall GF Score™ is 66/100 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 MEGA P and C Advanced Materials (Shanghai) Co (SHSE:603062), the current PB Ratio is 1.96 as of Aug. 06, 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 MEGA P and C Advanced Materials (Shanghai) Co (SHSE:603062) Overvalued in 2026?
Based on GuruFocus' analysis, MEGA P and C Advanced Materials (Shanghai) Co stock appears to be undervalued.
The current stock price of ¥38.20 is trading 7.6% below its estimated GF Value™ of ¥41.33.
GuruFocus considers MEGA P and C Advanced Materials (Shanghai) Co to be Fairly Valued.
Key valuation signals for SHSE:603062:
PB Ratio: 1.96 (16% below median its 10-year median of 2.33)
GF Value™: ¥41.33 vs. price of ¥38.20 (7.6% below fair value)
Industry Position: 14% above the Chemicals median (#877 of 1577)
No single metric tells the full story. See the SHSE:603062 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MEGA P and C Advanced Materials (Shanghai) Co Ltd is engaged in research & development, production and sales of high-performance multi-category coating products.
66GF Score
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PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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