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Jingjin EquipmentSHSE:603279 -2.90%90 PB Ratio is 1.62 as of Aug. 04, 2026, which is 49% below its 10-year median of 3.15. GuruFocus rates SHSE:603279 with a GF Score™ of 90/100 and a GF Value™ of ¥18.36 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 2,982 Industrial Products companies, Jingjin Equipment ranks better than 62.11% on this metric.
Jingjin Equipment Inc stock PB Ratio (=1.62) is close to 10-year low of 1.48.
The historical rank and industry rank for Jingjin Equipment's PB Ratio or its related term are showing as below:
SHSE:603279'
s PB Ratio Range Over the Past 10 Years
Min: 1.48 Med: 3.15 Max: 6.01
Current: 1.62
During the past 13 years, Jingjin Equipment's highest PB Ratio was 6.01. The lowest was 1.48. And the median was 3.15.
SHSE:603279's PB Ratio is ranked better than 62.11% of 2982
companies
in the Industrial Products industry
Industry Median: 2.16
vs SHSE:603279: 1.62
During the past 12 months, Jingjin Equipment's average Book Value Per Share Growth Rate was 0.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 4.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 9.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 10.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Jingjin Equipment was 18.00% per year. The lowest was 4.00% per year. And the median was 11.95% 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.
Jingjin Equipment PB Ratio Related Terms
Jingjin Equipment PB Ratio Historical Data
* Premium members only.
The historical data trend for Jingjin Equipment's PB Ratio can be seen below:
* 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.
SHSE:603279 vs VLTO, ZWS, CECO: PB Ratio Comparison
For the Pollution & Treatment Controls subindustry, Jingjin Equipment'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.
Jingjin Equipment PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Jingjin Equipment's PB Ratio distribution charts can be found below:
* The bar in red indicates where Jingjin Equipment's PB Ratio falls into.
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.
Jingjin Equipment (SHSE:603279) has a PB Ratio of 1.62 as of Aug. 04, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Jingjin Equipment and its competitors. This is 49% below median its historical median of 3.15. Over the past decade, Jingjin Equipment's PB Ratio has ranged from 1.48 to 6.01. According to the industry distribution chart, Jingjin Equipment ranks #1130 out of 2982 companies in the Industrial Products industry, placing it in the top 37.9%.
Is Jingjin Equipment's PB Ratio too high?
Jingjin Equipment's current PB Ratio of 1.62 is 49% below median its 10-year median of 3.15. Over the past 10 years, this metric has ranged from a low of 1.48 to a high of 6.01. The Industrial Products industry median PB Ratio is 2.16. Jingjin Equipment's value of 1.62 is 25% below this industry median. Based on the distribution chart, Jingjin Equipment ranks #1130 out of 2982 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Jingjin Equipment has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jingjin Equipment's PB Ratio compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Jingjin Equipment ranks #1130 out of 2982 companies for PB Ratio. This puts Jingjin Equipment in the upper half of its industry. The industry median PB Ratio is 2.16. Jingjin Equipment's value of 1.62 is 25% below this benchmark. Historically, Jingjin Equipment's own PB Ratio has ranged from 1.48 to 6.01 over the past decade. While the company's 10-year median is 3.15 vs. the industry median of 2.16, Jingjin Equipment 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 an Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.16, based on 2,982 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. Jingjin Equipment's current PB Ratio of 1.62 is 25% 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 Jingjin Equipment and its competitors. For the Industrial Products industry, the median PB Ratio is 2.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jingjin Equipment's current PB Ratio is 1.62, which is 49% below median its own 10-year median of 3.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jingjin Equipment stock overvalued right now?
Based on GuruFocus' analysis, Jingjin Equipment (SHSE:603279) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥18.36, compared to a current price of ¥13.06 — trading 28.9% below its estimated fair value. The current PB Ratio is 1.62, which is 49% below median its 10-year median of 3.15 and 25% below the Industrial Products industry median of 2.16. Jingjin Equipment's overall GF Score™ is 90/100 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 Jingjin Equipment (SHSE:603279), the current PB Ratio is 1.62 as of Aug. 04, 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 Jingjin Equipment (SHSE:603279) Overvalued in 2026?
Based on GuruFocus' analysis, Jingjin Equipment stock appears to be undervalued.
The current stock price of ¥13.06 is trading 28.9% below its estimated GF Value™ of ¥18.36.
GuruFocus considers Jingjin Equipment to be Modestly Undervalued.
Key valuation signals for SHSE:603279:
PB Ratio: 1.62 (49% below median its 10-year median of 3.15)
GF Value™: ¥18.36 vs. price of ¥13.06 (28.9% below fair value)
Industry Position: 25% below the Industrial Products median (#1130 of 2982)
No single metric tells the full story. See the SHSE:603279 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jingjin Equipment Inc is an environmental protection service provider of filter outfit production, filter technology overall plan solution and environment protection project contraction and operation. The comapny is engaged in the development of energy conservation and environment protection career, providing consumers by cost-effective products and professional quality service. Its products include pressure filter, vibrating centrifuge, blender, conveyor, automatic reagent feeder, double drive thickener, mud scraper, and cake breaker.
90GF Score
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