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SHSE:603124's PB Ratio is ranked worse than 88.45% of 2354
companies
in the Metals & Mining industry
Industry Median: 2.11
vs SHSE:603124: 8.69
During the past 12 months, Jiangxi Jiangnan New Material Technology Co's average Book Value Per Share Growth Rate was 12.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 10.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 16.00% per year.
During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Jiangxi Jiangnan New Material Technology Co was 49.60% per year. The lowest was 10.40% per year. And the median was 18.20% per year.
Back to Basics: PB Ratio
Jiangxi Jiangnan New Material Technology Co (SHSE:603124) 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.
Jiangxi Jiangnan New Material Technology Co PB Ratio Related Terms
Jiangxi Jiangnan New Material Technology 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.
Jiangxi Jiangnan New Material Technology Co PB Ratio Chart
Jiangxi Jiangnan New Material Technology 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.
Jiangxi Jiangnan New Material Technology Co PB Ratio vs Metals & Mining Industry
Jiangxi Jiangnan New Material Technology 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.
Jiangxi Jiangnan New Material Technology Co (SHSE:603124) has a PB Ratio of 8.69 as of Jul. 21, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Jiangxi Jiangnan New Material Technology Co and its competitors. This is 25% above median its historical median of 6.95. Over the past decade, Jiangxi Jiangnan New Material Technology Co's PB Ratio has ranged from 3.45 to 15.97. According to the industry distribution chart, Jiangxi Jiangnan New Material Technology Co ranks #2082 out of 2354 companies in the Metals & Mining industry, placing it in the top 88.4%.
Is Jiangxi Jiangnan New Material Technology Co's PB Ratio too high?
Jiangxi Jiangnan New Material Technology Co's current PB Ratio of 8.69 is 25% above median its 10-year median of 6.95. Over the past 10 years, this metric has ranged from a low of 3.45 to a high of 15.97. The Metals & Mining industry median PB Ratio is 2.11. Jiangxi Jiangnan New Material Technology Co's value of 8.69 is 311.8% above this industry median. Based on the distribution chart, Jiangxi Jiangnan New Material Technology Co ranks #2082 out of 2354 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Jiangxi Jiangnan New Material Technology Co has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Jiangxi Jiangnan New Material Technology Co's PB Ratio compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, Jiangxi Jiangnan New Material Technology Co ranks #2082 out of 2354 companies for PB Ratio. This places Jiangxi Jiangnan New Material Technology Co in the lower half of its industry. The industry median PB Ratio is 2.11. Jiangxi Jiangnan New Material Technology Co's value of 8.69 is 311.8% above this benchmark. Historically, Jiangxi Jiangnan New Material Technology Co's own PB Ratio has ranged from 3.45 to 15.97 over the past decade. While the company's 10-year median is 6.95 vs. the industry median of 2.11, Jiangxi Jiangnan New Material Technology 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 Metals & Mining company?
The median PB Ratio among Metals & Mining companies is 2.11, based on 2,354 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. Jiangxi Jiangnan New Material Technology Co's current PB Ratio of 8.69 is 311.8% 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 Jiangxi Jiangnan New Material Technology Co and its competitors. For the Metals & Mining industry, the median PB Ratio is 2.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangxi Jiangnan New Material Technology Co's current PB Ratio is 8.69, which is 25% above median its own 10-year median of 6.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangxi Jiangnan New Material Technology Co stock overvalued right now?
Jiangxi Jiangnan New Material Technology Co (SHSE:603124) has a current PB Ratio of 8.69. The current PB Ratio is 8.69, which is 25% above median its 10-year median of 6.95 and 311.8% above the Metals & Mining industry median of 2.11. Jiangxi Jiangnan New Material Technology Co's overall GF Score™ is 39/100 with 8 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 Jiangxi Jiangnan New Material Technology Co (SHSE:603124), the current PB Ratio is 8.69 as of Jul. 21, 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.
Jiangxi Jiangnan New Material Technology Co Business Description
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