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SHSE:603111's PB Ratio is ranked better than 53.84% of 964
companies
in the Transportation industry
Industry Median: 1.24
vs SHSE:603111: 1.17
During the past 12 months, Nanjing Kangni Mechanical & Electrical Co's average Book Value Per Share Growth Rate was 4.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 9.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 9.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 10.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Nanjing Kangni Mechanical & Electrical Co was 48.80% per year. The lowest was -11.70% per year. And the median was 15.75% per year.
Back to Basics: PB Ratio
Nanjing Kangni Mechanical & Electrical Co (SHSE:603111) 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.
Nanjing Kangni Mechanical & Electrical Co PB Ratio Related Terms
Nanjing Kangni Mechanical & Electrical 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.
Nanjing Kangni Mechanical & Electrical Co PB Ratio Chart
Nanjing Kangni Mechanical & Electrical Co Annual Data
For the Railroads subindustry, Nanjing Kangni Mechanical & Electrical 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.
Nanjing Kangni Mechanical & Electrical Co PB Ratio vs Transportation Industry
Nanjing Kangni Mechanical & Electrical 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.
Nanjing Kangni Mechanical & Electrical Co (SHSE:603111) has a PB Ratio of 1.17 as of Jul. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Nanjing Kangni Mechanical & Electrical Co and its competitors. This is 27% below median its historical median of 1.61. Over the past decade, Nanjing Kangni Mechanical & Electrical Co's PB Ratio has ranged from 0.88 to 9.32. According to the industry distribution chart, Nanjing Kangni Mechanical & Electrical Co ranks #445 out of 964 companies in the Transportation industry, placing it in the top 46.2%.
Is Nanjing Kangni Mechanical & Electrical Co's PB Ratio too high?
Nanjing Kangni Mechanical & Electrical Co's current PB Ratio of 1.17 is 27% below median its 10-year median of 1.61. Over the past 10 years, this metric has ranged from a low of 0.88 to a high of 9.32. The Transportation industry median PB Ratio is 1.24. Nanjing Kangni Mechanical & Electrical Co's value of 1.17 is 5.6% below this industry median. Based on the distribution chart, Nanjing Kangni Mechanical & Electrical Co ranks #445 out of 964 companies in the Transportation industry, which is above the industry midpoint. Overall, Nanjing Kangni Mechanical & Electrical Co has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nanjing Kangni Mechanical & Electrical Co's PB Ratio compare to UNP and CSX?
According to the Transportation industry distribution chart, Nanjing Kangni Mechanical & Electrical Co ranks #445 out of 964 companies for PB Ratio. This puts Nanjing Kangni Mechanical & Electrical Co in the upper half of its industry. The industry median PB Ratio is 1.24. Nanjing Kangni Mechanical & Electrical Co's value of 1.17 is 5.6% below this benchmark. Historically, Nanjing Kangni Mechanical & Electrical Co's own PB Ratio has ranged from 0.88 to 9.32 over the past decade. While the company's 10-year median is 1.61 vs. the industry median of 1.24, Nanjing Kangni Mechanical & Electrical Co has consistently been below 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 Transportation company?
The median PB Ratio among Transportation companies is 1.24, based on 964 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. Nanjing Kangni Mechanical & Electrical Co's current PB Ratio of 1.17 is 5.6% below 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 Nanjing Kangni Mechanical & Electrical Co and its competitors. For the Transportation industry, the median PB Ratio is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nanjing Kangni Mechanical & Electrical Co's current PB Ratio is 1.17, which is 27% below median its own 10-year median of 1.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nanjing Kangni Mechanical & Electrical Co stock overvalued right now?
Based on GuruFocus' analysis, Nanjing Kangni Mechanical & Electrical Co (SHSE:603111) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥7.77, compared to a current price of ¥5.59 — trading 28.1% below its estimated fair value. The current PB Ratio is 1.17, which is 27% below median its 10-year median of 1.61 and 5.6% below the Transportation industry median of 1.24. Nanjing Kangni Mechanical & Electrical Co's overall GF Score™ is 74/100 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 Nanjing Kangni Mechanical & Electrical Co (SHSE:603111), the current PB Ratio is 1.17 as of Jul. 26, 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 Nanjing Kangni Mechanical & Electrical Co (SHSE:603111) Overvalued in 2026?
Based on GuruFocus' analysis, Nanjing Kangni Mechanical & Electrical Co stock appears to be undervalued.
The current stock price of ¥5.59 is trading 28.1% below its estimated GF Value™ of ¥7.77.
GuruFocus considers Nanjing Kangni Mechanical & Electrical Co to be Modestly Undervalued.
Key valuation signals for SHSE:603111:
PB Ratio: 1.17 (27% below median its 10-year median of 1.61)
GF Value™: ¥7.77 vs. price of ¥5.59 (28.1% below fair value)
Industry Position: 5.6% below the Transportation median (#445 of 964)
No single metric tells the full story. See the SHSE:603111 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nanjing Kangni Mechanical & Electrical Co Business Description
Nanjing Kangni Mechanical & Electrical Co Ltd is engaged in research and development, manufacturing and maintenance of railway vehicle door system. It has cooperated with car builders such as Bombardier, Alstom, and Siemens to sell products all over the world, including France, Canada, Turkey, Singapore, Argentina, America, Saudi Arabia and Brazil. It also provides other a full suite of related products such as interior fittings, power connectors, platform screen doors, new energy products for automobile industry and precision machining equipment.
74GF Score
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