Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
SHSE:603137's PB Ratio is ranked worse than 84.13% of 1720
companies
in the Construction industry
Industry Median: 1.32
vs SHSE:603137: 3.82
During the past 12 months, Jiangsu Hengshang Energy Conservation Technology Co's average Book Value Per Share Growth Rate was -4.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 27.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 23.90% per year.
During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Jiangsu Hengshang Energy Conservation Technology Co was 42.70% per year. The lowest was 14.70% per year. And the median was 27.90% 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.
Jiangsu Hengshang Energy Conservation Technology Co PB Ratio Related Terms
Jiangsu Hengshang Energy Conservation 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.
Jiangsu Hengshang Energy Conservation Technology Co PB Ratio Chart
Jiangsu Hengshang Energy Conservation 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.
Jiangsu Hengshang Energy Conservation Technology Co PB Ratio vs Construction Industry
Jiangsu Hengshang Energy Conservation 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.
Jiangsu Hengshang Energy Conservation Technology Co (SHSE:603137) has a PB Ratio of 3.82 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 Jiangsu Hengshang Energy Conservation Technology Co and its competitors. This is 85% above median its historical median of 2.06. Over the past decade, Jiangsu Hengshang Energy Conservation Technology Co's PB Ratio has ranged from 1.45 to 4.41. According to the industry distribution chart, Jiangsu Hengshang Energy Conservation Technology Co ranks #1447 out of 1720 companies in the Construction industry, placing it in the top 84.1%.
Is Jiangsu Hengshang Energy Conservation Technology Co's PB Ratio too high?
Jiangsu Hengshang Energy Conservation Technology Co's current PB Ratio of 3.82 is 85% above median its 10-year median of 2.06. Over the past 10 years, this metric has ranged from a low of 1.45 to a high of 4.41. The Construction industry median PB Ratio is 1.32. Jiangsu Hengshang Energy Conservation Technology Co's value of 3.82 is 189.4% above this industry median. Based on the distribution chart, Jiangsu Hengshang Energy Conservation Technology Co ranks #1447 out of 1720 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Jiangsu Hengshang Energy Conservation Technology Co has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu Hengshang Energy Conservation Technology Co's PB Ratio compare to TT and JCI?
According to the Construction industry distribution chart, Jiangsu Hengshang Energy Conservation Technology Co ranks #1447 out of 1720 companies for PB Ratio. This places Jiangsu Hengshang Energy Conservation Technology Co in the lower half of its industry. The industry median PB Ratio is 1.32. Jiangsu Hengshang Energy Conservation Technology Co's value of 3.82 is 189.4% above this benchmark. Historically, Jiangsu Hengshang Energy Conservation Technology Co's own PB Ratio has ranged from 1.45 to 4.41 over the past decade. While the company's 10-year median is 2.06 vs. the industry median of 1.32, Jiangsu Hengshang Energy Conservation 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 Construction company?
The median PB Ratio among Construction companies is 1.32, based on 1,720 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. Jiangsu Hengshang Energy Conservation Technology Co's current PB Ratio of 3.82 is 189.4% 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 Jiangsu Hengshang Energy Conservation Technology Co and its competitors. For the Construction industry, the median PB Ratio is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangsu Hengshang Energy Conservation Technology Co's current PB Ratio is 3.82, which is 85% above median its own 10-year median of 2.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu Hengshang Energy Conservation Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu Hengshang Energy Conservation Technology Co (SHSE:603137) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥6.24, compared to a current price of ¥25.00 — trading 300.6% above its estimated fair value. The current PB Ratio is 3.82, which is 85% above median its 10-year median of 2.06 and 189.4% above the Construction industry median of 1.32. Jiangsu Hengshang Energy Conservation Technology Co's overall GF Score™ is 57/100 with 13 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 Jiangsu Hengshang Energy Conservation Technology Co (SHSE:603137), the current PB Ratio is 3.82 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 Jiangsu Hengshang Energy Conservation Technology Co (SHSE:603137) Overvalued in 2026?
Based on GuruFocus' analysis, Jiangsu Hengshang Energy Conservation Technology Co stock appears to be overvalued.
The current stock price of ¥25.00 is trading 300.6% above its estimated GF Value™ of ¥6.24.
GuruFocus considers Jiangsu Hengshang Energy Conservation Technology Co to be Significantly Overvalued.
Key valuation signals for SHSE:603137:
PB Ratio: 3.82 (85% above median its 10-year median of 2.06)
GF Value™: ¥6.24 vs. price of ¥25.00 (300.6% above fair value)
Industry Position: 189.4% above the Construction median (#1447 of 1720)
No single metric tells the full story. See the SHSE:603137 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jiangsu Hengshang Energy Conservation Technology Co Ltd is engaged in the Design, manufacture, and construction of building curtain walls, doors, skylights, steel structures, and window engineering. The company undertakes the design, installation, and construction of indoor and outdoor decoration projects and mechanical and electrical installations.
57GF Score
Get the complete analysis for SHSE:603137
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:603137 has been successfully added to your 
