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SHSE:603330's PB Ratio is ranked worse than 65.02% of 1575
companies
in the Chemicals industry
Industry Median: 1.62
vs SHSE:603330: 2.30
During the past 12 months, Tianyang New material (Shanghai) Technology Co's average Book Value Per Share Growth Rate was -15.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 1.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 6.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 9.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Tianyang New material (Shanghai) Technology Co was 23.90% per year. The lowest was 1.20% per year. And the median was 15.25% 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.
Tianyang New material (Shanghai) Technology Co PB Ratio Related Terms
Tianyang New material (Shanghai) 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.
Tianyang New material (Shanghai) Technology Co PB Ratio Chart
Tianyang New material (Shanghai) Technology Co Annual Data
* 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.
Tianyang New material (Shanghai) Technology Co PB Ratio vs Chemicals Industry
Tianyang New material (Shanghai) 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.
Tianyang New material (Shanghai) Technology Co (SHSE:603330) has a PB Ratio of 2.30 as of Jul. 31, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Tianyang New material (Shanghai) Technology Co and its competitors. This is 15% below median its historical median of 2.72. Over the past decade, Tianyang New material (Shanghai) Technology Co's PB Ratio has ranged from 1.08 to 9.97. According to the industry distribution chart, Tianyang New material (Shanghai) Technology Co ranks #1024 out of 1575 companies in the Chemicals industry, placing it in the top 65%.
Is Tianyang New material (Shanghai) Technology Co's PB Ratio too high?
Tianyang New material (Shanghai) Technology Co's current PB Ratio of 2.30 is 15% below median its 10-year median of 2.72. Over the past 10 years, this metric has ranged from a low of 1.08 to a high of 9.97. The Chemicals industry median PB Ratio is 1.62. Tianyang New material (Shanghai) Technology Co's value of 2.30 is 42% above this industry median. Based on the distribution chart, Tianyang New material (Shanghai) Technology Co ranks #1024 out of 1575 companies in the Chemicals industry, which is below the industry midpoint. Overall, Tianyang New material (Shanghai) Technology Co has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tianyang New material (Shanghai) Technology Co's PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Tianyang New material (Shanghai) Technology Co ranks #1024 out of 1575 companies for PB Ratio. This places Tianyang New material (Shanghai) Technology Co in the lower half of its industry. The industry median PB Ratio is 1.62. Tianyang New material (Shanghai) Technology Co's value of 2.30 is 42% above this benchmark. Historically, Tianyang New material (Shanghai) Technology Co's own PB Ratio has ranged from 1.08 to 9.97 over the past decade. While the company's 10-year median is 2.72 vs. the industry median of 1.62, Tianyang New material (Shanghai) 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 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. Tianyang New material (Shanghai) Technology Co's current PB Ratio of 2.30 is 42% 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 Tianyang New material (Shanghai) Technology 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. Tianyang New material (Shanghai) Technology Co's current PB Ratio is 2.30, which is 15% below median its own 10-year median of 2.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tianyang New material (Shanghai) Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Tianyang New material (Shanghai) Technology Co (SHSE:603330) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥3.56, compared to a current price of ¥6.93 — trading 94.7% above its estimated fair value. The current PB Ratio is 2.30, which is 15% below median its 10-year median of 2.72 and 42% above the Chemicals industry median of 1.62. Tianyang New material (Shanghai) Technology Co's overall GF Score™ is 54/100 with 4 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 Tianyang New material (Shanghai) Technology Co (SHSE:603330), the current PB Ratio is 2.30 as of Jul. 31, 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 Tianyang New material (Shanghai) Technology Co (SHSE:603330) Overvalued in 2026?
Based on GuruFocus' analysis, Tianyang New material (Shanghai) Technology Co stock appears to be overvalued.
The current stock price of ¥6.93 is trading 94.7% above its estimated GF Value™ of ¥3.56.
GuruFocus considers Tianyang New material (Shanghai) Technology Co to be Significantly Overvalued.
Key valuation signals for SHSE:603330:
PB Ratio: 2.30 (15% below median its 10-year median of 2.72)
GF Value™: ¥3.56 vs. price of ¥6.93 (94.7% above fair value)
Industry Position: 42% above the Chemicals median (#1024 of 1575)
No single metric tells the full story. See the SHSE:603330 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tianyang New material (Shanghai) Technology Co Ltd is principally engaged in research and development, manufacture, and sales of thermoplastic environmental protection adhesive materials. It offers copolyester and copolyamide powders, and web, film, and PUR adhesives; adhesive tapes and EVA solar films; and hot melt adhesive particles, powders, and films. Its products are mainly applied in the fields of shoes and clothes, automotive trims, solar cell packaging, household textiles, electronics, industrial filtration, hot melt adhesive products, printing and packaging, furnishings, and coating, among others.
54GF Score
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