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The historical rank and industry rank for Zhejiang Wazam New Materials Co's PB Ratio or its related term are showing as below:
SHSE:603186'
s PB Ratio Range Over the Past 10 Years
Min: 1.56 Med: 3.47 Max: 16.55
Current: 11.21
During the past 13 years, Zhejiang Wazam New Materials Co's highest PB Ratio was 16.55. The lowest was 1.56. And the median was 3.47.
SHSE:603186's PB Ratio is ranked worse than 91.32% of 2418
companies
in the Hardware industry
Industry Median: 2.365
vs SHSE:603186: 11.21
During the past 12 months, Zhejiang Wazam New Materials Co's average Book Value Per Share Growth Rate was 43.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 1.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 1.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 14.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Zhejiang Wazam New Materials Co was 30.70% per year. The lowest was -4.30% per year. And the median was 10.00% 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 Wazam New Materials Co PB Ratio Related Terms
Zhejiang Wazam New Materials 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.
For the Electronic Components subindustry, Zhejiang Wazam New Materials 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.
Zhejiang Wazam New Materials Co PB Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Zhejiang Wazam New Materials Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Zhejiang Wazam New Materials Co's PB Ratio falls into.
Zhejiang Wazam New Materials 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 Wazam New Materials Co (SHSE:603186) has a PB Ratio of 11.22 as of Aug. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Zhejiang Wazam New Materials Co and its competitors. This is 223% above median its historical median of 3.47. Over the past decade, Zhejiang Wazam New Materials Co's PB Ratio has ranged from 1.56 to 16.55. According to the industry distribution chart, Zhejiang Wazam New Materials Co ranks #2208 out of 2418 companies in the Hardware industry, placing it in the top 91.3%.
Is Zhejiang Wazam New Materials Co's PB Ratio too high?
Zhejiang Wazam New Materials Co's current PB Ratio of 11.22 is 223% above median its 10-year median of 3.47. Over the past 10 years, this metric has ranged from a low of 1.56 to a high of 16.55. The Hardware industry median PB Ratio is 2.37. Zhejiang Wazam New Materials Co's value of 11.22 is 374.4% above this industry median. Based on the distribution chart, Zhejiang Wazam New Materials Co ranks #2208 out of 2418 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Zhejiang Wazam New Materials Co has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Wazam New Materials Co's PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Zhejiang Wazam New Materials Co ranks #2208 out of 2418 companies for PB Ratio. This places Zhejiang Wazam New Materials Co in the lower half of its industry. The industry median PB Ratio is 2.37. Zhejiang Wazam New Materials Co's value of 11.22 is 374.4% above this benchmark. Historically, Zhejiang Wazam New Materials Co's own PB Ratio has ranged from 1.56 to 16.55 over the past decade. While the company's 10-year median is 3.47 vs. the industry median of 2.37, Zhejiang Wazam New Materials 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 Hardware company?
The median PB Ratio among Hardware companies is 2.37, based on 2,418 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 Wazam New Materials Co's current PB Ratio of 11.22 is 374.4% 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 Zhejiang Wazam New Materials Co and its competitors. For the Hardware industry, the median PB Ratio is 2.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Wazam New Materials Co's current PB Ratio is 11.22, which is 223% above median its own 10-year median of 3.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Wazam New Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Wazam New Materials Co (SHSE:603186) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥42.19, compared to a current price of ¥167.55 — trading 297.1% above its estimated fair value. The current PB Ratio is 11.22, which is 223% above median its 10-year median of 3.47 and 374.4% above the Hardware industry median of 2.37. Zhejiang Wazam New Materials Co's overall GF Score™ is 62/100 with 4 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 Wazam New Materials Co (SHSE:603186), the current PB Ratio is 11.22 as of Aug. 14, 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 Wazam New Materials Co (SHSE:603186) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Wazam New Materials Co stock appears to be overvalued.
The current stock price of ¥167.55 is trading 297.1% above its estimated GF Value™ of ¥42.19.
GuruFocus considers Zhejiang Wazam New Materials Co to be Significantly Overvalued.
Key valuation signals for SHSE:603186:
PB Ratio: 11.22 (223% above median its 10-year median of 3.47)
GF Value™: ¥42.19 vs. price of ¥167.55 (297.1% above fair value)
Industry Position: 374.4% above the Hardware median (#2208 of 2418)
No single metric tells the full story. See the SHSE:603186 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang Wazam New Materials Co Ltd formerly Zhejiang Huazheng New Material Co Ltd is a China based company manufactures components for computer, medical equipment, communication equipment, automotive electronic, rail transit, new energy and other different uses. The company distributes its products in both Chinese and other international markets.
62GF Score
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