Zhejiang Goldensea Hi-Tech Co (SHSE:603311) PB Ratio: 4.64 (As of Aug. 03, 2026) — 63% Above Median

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SHSE:603311 Zhejiang Goldensea Hi-Tech Co Ltd SHSE:603311
55 GF Score
Price ¥26.54
GF Value ¥10.83
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Zhejiang Goldensea Hi-Tech Co PB Ratio?

Zhejiang Goldensea Hi-Tech Co SHSE:603311 +3.59% 55 PB Ratio is 4.64 as of Aug. 03, 2026, which is 63% above its 10-year median of 2.84. GuruFocus rates SHSE:603311 with a GF Score™ of 55/100 and a GF Value™ of ¥10.83 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,982 Industrial Products companies, Zhejiang Goldensea Hi-Tech Co ranks worse than 78.03% on this metric.

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. As of today (2026-08-03), Zhejiang Goldensea Hi-Tech Co's share price is ¥26.54. Zhejiang Goldensea Hi-Tech Co's Book Value per Share for the quarter that ended in Mar. 2026 was ¥5.72. Hence, Zhejiang Goldensea Hi-Tech Co's PB Ratio of today is 4.64.

The historical rank and industry rank for Zhejiang Goldensea Hi-Tech Co's PB Ratio or its related term are showing as below:

SHSE:603311' s PB Ratio Range Over the Past 10 Years
Min: 1.34   Med: 2.84   Max: 9.84
Current: 4.64

During the past 13 years, Zhejiang Goldensea Hi-Tech Co's highest PB Ratio was 9.84. The lowest was 1.34. And the median was 2.84.

SHSE:603311's PB Ratio is ranked worse than
78.03% of 2982 companies
in the Industrial Products industry
Industry Median: 2.13 vs SHSE:603311: 4.64

During the past 12 months, Zhejiang Goldensea Hi-Tech Co's average Book Value Per Share Growth Rate was -0.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 3.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 7.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 7.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Zhejiang Goldensea Hi-Tech Co was 25.50% per year. The lowest was -0.80% per year. And the median was 8.70% per year.

Back to Basics: PB Ratio


Zhejiang Goldensea Hi-Tech Co  (SHSE:603311) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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 Goldensea Hi-Tech Co PB Ratio Related Terms


Zhejiang Goldensea Hi-Tech Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Zhejiang Goldensea Hi-Tech Co'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.

Zhejiang Goldensea Hi-Tech Co PB Ratio Chart

Zhejiang Goldensea Hi-Tech Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.51 2.36 1.95 1.80 2.70

Zhejiang Goldensea Hi-Tech Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.74 1.92 1.94 2.70 2.87

SHSE:603311 vs VLTO, ZWS, CECO: PB Ratio Comparison

For the Pollution & Treatment Controls subindustry, Zhejiang Goldensea Hi-Tech 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 Goldensea Hi-Tech Co PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang Goldensea Hi-Tech Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Zhejiang Goldensea Hi-Tech Co's PB Ratio falls into.


SHSE:603311
55GF Score
Zhejiang Goldensea Hi-Tech Co Ltd SHSE:603311
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zhejiang Goldensea Hi-Tech 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.

Zhejiang Goldensea Hi-Tech Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=26.54/5.716
=4.64

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 4.64 mean?
Zhejiang Goldensea Hi-Tech Co (SHSE:603311) has a PB Ratio of 4.64 as of Aug. 03, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Zhejiang Goldensea Hi-Tech Co and its competitors. This is 63% above median its historical median of 2.84. Over the past decade, Zhejiang Goldensea Hi-Tech Co's PB Ratio has ranged from 1.34 to 9.84. According to the industry distribution chart, Zhejiang Goldensea Hi-Tech Co ranks #2327 out of 2982 companies in the Industrial Products industry, placing it in the top 78%.
Is Zhejiang Goldensea Hi-Tech Co's PB Ratio too high?
Zhejiang Goldensea Hi-Tech Co's current PB Ratio of 4.64 is 63% above median its 10-year median of 2.84. Over the past 10 years, this metric has ranged from a low of 1.34 to a high of 9.84. The Industrial Products industry median PB Ratio is 2.13. Zhejiang Goldensea Hi-Tech Co's value of 4.64 is 117.8% above this industry median. Based on the distribution chart, Zhejiang Goldensea Hi-Tech Co ranks #2327 out of 2982 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Zhejiang Goldensea Hi-Tech Co has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Goldensea Hi-Tech Co's PB Ratio compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Zhejiang Goldensea Hi-Tech Co ranks #2327 out of 2982 companies for PB Ratio. This places Zhejiang Goldensea Hi-Tech Co in the lower half of its industry. The industry median PB Ratio is 2.13. Zhejiang Goldensea Hi-Tech Co's value of 4.64 is 117.8% above this benchmark. Historically, Zhejiang Goldensea Hi-Tech Co's own PB Ratio has ranged from 1.34 to 9.84 over the past decade. While the company's 10-year median is 2.84 vs. the industry median of 2.13, Zhejiang Goldensea Hi-Tech 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 an Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.13, 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. Zhejiang Goldensea Hi-Tech Co's current PB Ratio of 4.64 is 117.8% 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 Goldensea Hi-Tech Co and its competitors. For the Industrial Products industry, the median PB Ratio is 2.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Goldensea Hi-Tech Co's current PB Ratio is 4.64, which is 63% above median its own 10-year median of 2.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Goldensea Hi-Tech Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Goldensea Hi-Tech Co (SHSE:603311) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥10.83, compared to a current price of ¥26.54 — trading 145.1% above its estimated fair value. The current PB Ratio is 4.64, which is 63% above median its 10-year median of 2.84 and 117.8% above the Industrial Products industry median of 2.13. Zhejiang Goldensea Hi-Tech Co's overall GF Score™ is 55/100 with 5 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 Goldensea Hi-Tech Co (SHSE:603311), the current PB Ratio is 4.64 as of Aug. 03, 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 Goldensea Hi-Tech Co (SHSE:603311) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Goldensea Hi-Tech Co stock appears to be overvalued. The current stock price of ¥26.54 is trading 145.1% above its estimated GF Value™ of ¥10.83. GuruFocus considers Zhejiang Goldensea Hi-Tech Co to be Significantly Overvalued.

Key valuation signals for SHSE:603311:

  • PB Ratio: 4.64 (63% above median its 10-year median of 2.84)
  • GF Value™: ¥10.83 vs. price of ¥26.54 (145.1% above fair value)
  • GF Score™: 55/100 with 5 warning signs
  • Industry Position: 117.8% above the Industrial Products median (#2327 of 2982)

No single metric tells the full story. See the SHSE:603311 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhejiang Goldensea Hi-Tech Co Business Description

Address No. 899 fly Chau International Building, 16th Floor, Block A, Lingling Road, Xuhui District, Shanghai, CHN
Zhejiang Goldensea Hi-Tech Co Ltd is a manufacturer of environmental protection filtration materials. Its products are environmentally friendly filtration new materials, filter screens, air purification filters, air filters for cars/trains/aviation/ships, air total heat exchangers, vacuum cleaners/ventilation fan filters, crossflow/axial flow/centrifugal fans. It has established sales networks in Sichuan, Shandong, Jiangsu, and Korea, Hong Kong, the United States, Malaysia, Israel, the United Kingdom, Belgium, and the Czech Republic.
55GF Score

Get the complete analysis for SHSE:603311

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥26.54
Price
¥10.83
GF Value