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Zhejiang Weihua New Material CoSHSE:603310 +0.41%34 PB Ratio is 1.24 as of Aug. 01, 2026, which is 19% below its 10-year median of 1.53. GuruFocus rates SHSE:603310 with a GF Score™ of 34/100. The stock has 8 warning signs investors should review. Among 1,575 Chemicals companies, Zhejiang Weihua New Material Co ranks better than 62.73% on this metric.
Zhejiang Weihua New Material Co Ltd stock PB Ratio (=1.24) is close to 2-year low of 1.21.
The historical rank and industry rank for Zhejiang Weihua New Material Co's PB Ratio or its related term are showing as below:
SHSE:603310'
s PB Ratio Range Over the Past 10 Years
Min: 1.21 Med: 1.53 Max: 1.99
Current: 1.24
During the past 7 years, Zhejiang Weihua New Material Co's highest PB Ratio was 1.99. The lowest was 1.21. And the median was 1.53.
SHSE:603310's PB Ratio is ranked better than 62.73% of 1575
companies
in the Chemicals industry
Industry Median: 1.62
vs SHSE:603310: 1.24
During the past 12 months, Zhejiang Weihua New Material Co's average Book Value Per Share Growth Rate was 1.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 14.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 26.00% per year.
During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Zhejiang Weihua New Material Co was 76.40% per year. The lowest was 14.40% per year. And the median was 31.85% 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 Weihua New Material Co PB Ratio Related Terms
Zhejiang Weihua New Material 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 Specialty Chemicals subindustry, Zhejiang Weihua New Material 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 Weihua New Material Co PB Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Zhejiang Weihua New Material Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Zhejiang Weihua New Material Co's PB Ratio falls into.
Zhejiang Weihua New Material 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 Weihua New Material Co (SHSE:603310) has a PB Ratio of 1.24 as of Aug. 01, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Zhejiang Weihua New Material Co and its competitors. This is 19% below median its historical median of 1.53. Over the past decade, Zhejiang Weihua New Material Co's PB Ratio has ranged from 1.21 to 1.99. According to the industry distribution chart, Zhejiang Weihua New Material Co ranks #587 out of 1575 companies in the Chemicals industry, placing it in the top 37.3%.
Is Zhejiang Weihua New Material Co's PB Ratio too high?
Zhejiang Weihua New Material Co's current PB Ratio of 1.24 is 19% below median its 10-year median of 1.53. Over the past 10 years, this metric has ranged from a low of 1.21 to a high of 1.99. The Chemicals industry median PB Ratio is 1.62. Zhejiang Weihua New Material Co's value of 1.24 is 23.5% below this industry median. Based on the distribution chart, Zhejiang Weihua New Material Co ranks #587 out of 1575 companies in the Chemicals industry, which is above the industry midpoint. Overall, Zhejiang Weihua New Material Co has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Weihua New Material Co's PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Zhejiang Weihua New Material Co ranks #587 out of 1575 companies for PB Ratio. This puts Zhejiang Weihua New Material Co in the upper half of its industry. The industry median PB Ratio is 1.62. Zhejiang Weihua New Material Co's value of 1.24 is 23.5% below this benchmark. Historically, Zhejiang Weihua New Material Co's own PB Ratio has ranged from 1.21 to 1.99 over the past decade. While the company's 10-year median is 1.53 vs. the industry median of 1.62, Zhejiang Weihua New Material Co 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 a Chemicals company?
The median PB Ratio among Chemicals companies is 1.62, based on 1,575 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 Weihua New Material Co's current PB Ratio of 1.24 is 23.5% 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 Zhejiang Weihua New Material Co and its competitors. For the Chemicals industry, the median PB Ratio is 1.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Weihua New Material Co's current PB Ratio is 1.24, which is 19% below median its own 10-year median of 1.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Weihua New Material Co stock overvalued right now?
Zhejiang Weihua New Material Co (SHSE:603310) has a current PB Ratio of 1.24. The current PB Ratio is 1.24, which is 19% below median its 10-year median of 1.53 and 23.5% below the Chemicals industry median of 1.62. Zhejiang Weihua New Material Co's overall GF Score™ is 34/100 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 Zhejiang Weihua New Material Co (SHSE:603310), the current PB Ratio is 1.24 as of Aug. 01, 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.
Zhejiang Weihua New Material Co Ltd is engaged in research and development, production and sales of chlorotoluene and trifluoromethylbenzene series fine chemical products.
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