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SHSE:603324'
s PB Ratio Range Over the Past 10 Years
Min: 1.69 Med: 2.76 Max: 7.42
Current: 2.37
During the past 10 years, Shanghai Shengjian Technology Co's highest PB Ratio was 7.42. The lowest was 1.69. And the median was 2.76.
SHSE:603324's PB Ratio is ranked worse than 51.74% of 2982
companies
in the Industrial Products industry
Industry Median: 2.16
vs SHSE:603324: 2.37
During the past 12 months, Shanghai Shengjian Technology Co's average Book Value Per Share Growth Rate was -2.50% 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 10.90% per year.
During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of Shanghai Shengjian Technology Co was 87.90% per year. The lowest was 5.80% per year. And the median was 22.10% 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.
Shanghai Shengjian Technology Co PB Ratio Related Terms
Shanghai Shengjian Technology 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.
SHSE:603324 vs VLTO, ZWS, CECO: PB Ratio Comparison
For the Pollution & Treatment Controls subindustry, Shanghai Shengjian Technology 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.
Shanghai Shengjian Technology Co PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Shanghai Shengjian Technology Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Shanghai Shengjian Technology Co's PB Ratio falls into.
Shanghai Shengjian Technology 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.
Shanghai Shengjian Technology Co (SHSE:603324) has a PB Ratio of 2.37 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 Shanghai Shengjian Technology Co and its competitors. This is 14% below median its historical median of 2.76. Over the past decade, Shanghai Shengjian Technology Co's PB Ratio has ranged from 1.69 to 7.42. According to the industry distribution chart, Shanghai Shengjian Technology Co ranks #1543 out of 2982 companies in the Industrial Products industry, placing it in the top 51.7%.
Is Shanghai Shengjian Technology Co's PB Ratio too high?
Shanghai Shengjian Technology Co's current PB Ratio of 2.37 is 14% below median its 10-year median of 2.76. Over the past 10 years, this metric has ranged from a low of 1.69 to a high of 7.42. The Industrial Products industry median PB Ratio is 2.16. Shanghai Shengjian Technology Co's value of 2.37 is 9.7% above this industry median. Based on the distribution chart, Shanghai Shengjian Technology Co ranks #1543 out of 2982 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Shanghai Shengjian Technology Co has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Shengjian Technology Co's PB Ratio compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Shanghai Shengjian Technology Co ranks #1543 out of 2982 companies for PB Ratio. This places Shanghai Shengjian Technology Co in the lower half of its industry. The industry median PB Ratio is 2.16. Shanghai Shengjian Technology Co's value of 2.37 is 9.7% above this benchmark. Historically, Shanghai Shengjian Technology Co's own PB Ratio has ranged from 1.69 to 7.42 over the past decade. While the company's 10-year median is 2.76 vs. the industry median of 2.16, Shanghai Shengjian Technology 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 2.16, 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. Shanghai Shengjian Technology Co's current PB Ratio of 2.37 is 9.7% 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 Shanghai Shengjian Technology Co 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. Shanghai Shengjian Technology Co's current PB Ratio is 2.37, which is 14% below median its own 10-year median of 2.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Shengjian Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Shengjian Technology Co (SHSE:603324) is currently considered Fairly Valued. The stock's GF Value™ is ¥24.32, compared to a current price of ¥26.15 — trading 7.5% above its estimated fair value. The current PB Ratio is 2.37, which is 14% below median its 10-year median of 2.76 and 9.7% above the Industrial Products industry median of 2.16. Shanghai Shengjian Technology Co's overall GF Score™ is 75/100 with 9 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 Shanghai Shengjian Technology Co (SHSE:603324), the current PB Ratio is 2.37 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 Shanghai Shengjian Technology Co (SHSE:603324) Overvalued in 2026?
Based on GuruFocus' analysis, Shanghai Shengjian Technology Co stock appears to be overvalued.
The current stock price of ¥26.15 is trading 7.5% above its estimated GF Value™ of ¥24.32.
GuruFocus considers Shanghai Shengjian Technology Co to be Fairly Valued.
Key valuation signals for SHSE:603324:
PB Ratio: 2.37 (14% below median its 10-year median of 2.76)
GF Value™: ¥24.32 vs. price of ¥26.15 (7.5% above fair value)
Industry Position: 9.7% above the Industrial Products median (#1543 of 2982)
No single metric tells the full story. See the SHSE:603324 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanghai Shengjian Technology Co Ltd focuses on the research and development, manufacturing, system integration and operation and maintenance management of pan-semiconductor process waste gas treatment systems and key equipment.
75GF Score
Get the complete analysis for SHSE:603324
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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