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SHSE:603272'
s PB Ratio Range Over the Past 10 Years
Min: 1.39 Med: 2.88 Max: 9.53
Current: 2.89
During the past 8 years, Zhejiang Lianxiang Smart Home Co's highest PB Ratio was 9.53. The lowest was 1.39. And the median was 2.88.
SHSE:603272's PB Ratio is ranked worse than 77.62% of 1720
companies
in the Construction industry
Industry Median: 1.32
vs SHSE:603272: 2.89
During the past 12 months, Zhejiang Lianxiang Smart Home Co's average Book Value Per Share Growth Rate was -4.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -5.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 7.30% per year.
During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Zhejiang Lianxiang Smart Home Co was 37.10% per year. The lowest was -17.00% per year. And the median was 8.30% per year.
Back to Basics: PB Ratio
Zhejiang Lianxiang Smart Home Co (SHSE:603272) 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.
Zhejiang Lianxiang Smart Home Co PB Ratio Related Terms
Zhejiang Lianxiang Smart Home 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 Building Products & Equipment subindustry, Zhejiang Lianxiang Smart Home 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 Lianxiang Smart Home Co PB Ratio vs Construction Industry
For the Construction industry and Industrials sector, Zhejiang Lianxiang Smart Home Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Zhejiang Lianxiang Smart Home Co's PB Ratio falls into.
Zhejiang Lianxiang Smart Home 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 Lianxiang Smart Home Co (SHSE:603272) has a PB Ratio of 2.89 as of Jul. 29, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Zhejiang Lianxiang Smart Home Co and its competitors. This is near median its historical median of 2.88. Over the past decade, Zhejiang Lianxiang Smart Home Co's PB Ratio has ranged from 1.39 to 9.53. According to the industry distribution chart, Zhejiang Lianxiang Smart Home Co ranks #1335 out of 1720 companies in the Construction industry, placing it in the top 77.6%.
Is Zhejiang Lianxiang Smart Home Co's PB Ratio too high?
Zhejiang Lianxiang Smart Home Co's current PB Ratio of 2.89 is near median its 10-year median of 2.88. Over the past 10 years, this metric has ranged from a low of 1.39 to a high of 9.53. The Construction industry median PB Ratio is 1.32. Zhejiang Lianxiang Smart Home Co's value of 2.89 is 118.9% above this industry median. Based on the distribution chart, Zhejiang Lianxiang Smart Home Co ranks #1335 out of 1720 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Zhejiang Lianxiang Smart Home Co has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Lianxiang Smart Home Co's PB Ratio compare to TT and JCI?
According to the Construction industry distribution chart, Zhejiang Lianxiang Smart Home Co ranks #1335 out of 1720 companies for PB Ratio. This places Zhejiang Lianxiang Smart Home Co in the lower half of its industry. The industry median PB Ratio is 1.32. Zhejiang Lianxiang Smart Home Co's value of 2.89 is 118.9% above this benchmark. Historically, Zhejiang Lianxiang Smart Home Co's own PB Ratio has ranged from 1.39 to 9.53 over the past decade. While the company's 10-year median is 2.88 vs. the industry median of 1.32, Zhejiang Lianxiang Smart Home 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. Zhejiang Lianxiang Smart Home Co's current PB Ratio of 2.89 is 118.9% 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 Lianxiang Smart Home 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. Zhejiang Lianxiang Smart Home Co's current PB Ratio is 2.89, which is near median its own 10-year median of 2.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Lianxiang Smart Home Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Lianxiang Smart Home Co (SHSE:603272) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥9.16, compared to a current price of ¥15.05 — trading 64.3% above its estimated fair value. The current PB Ratio is 2.89, which is near median its 10-year median of 2.88 and 118.9% above the Construction industry median of 1.32. Zhejiang Lianxiang Smart Home Co's overall GF Score™ is 60/100 with 3 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 Lianxiang Smart Home Co (SHSE:603272), the current PB Ratio is 2.89 as of Jul. 29, 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 Lianxiang Smart Home Co (SHSE:603272) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Lianxiang Smart Home Co stock appears to be overvalued.
The current stock price of ¥15.05 is trading 64.3% above its estimated GF Value™ of ¥9.16.
GuruFocus considers Zhejiang Lianxiang Smart Home Co to be Significantly Overvalued.
Key valuation signals for SHSE:603272:
PB Ratio: 2.89 (near median its 10-year median of 2.88)
GF Value™: ¥9.16 vs. price of ¥15.05 (64.3% above fair value)
Industry Position: 118.9% above the Construction median (#1335 of 1720)
No single metric tells the full story. See the SHSE:603272 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang Lianxiang Smart Home Co Business Description
Zhejiang Lianxiang Smart Home Co Ltd is engaged in research and development, design, production and sales of wall coverings. Its products includes home decoration products, integrated walls, integrated ceilings, computerized embroidery of cabinets, and craft embroidery decorations.
60GF Score
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