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SHSE:603580's PB Ratio is ranked worse than 97.35% of 2983
companies
in the Industrial Products industry
Industry Median: 2.09
vs SHSE:603580: 16.53
During the past 12 months, AA Industrial Belting (Shanghai) Co's average Book Value Per Share Growth Rate was 7.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 1.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -0.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 5.00% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of AA Industrial Belting (Shanghai) Co was 27.10% per year. The lowest was -3.10% per year. And the median was 9.40% per year.
Back to Basics: PB Ratio
AA Industrial Belting (Shanghai) Co (SHSE:603580) PB Ratio Explanation
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.
AA Industrial Belting (Shanghai) Co PB Ratio Related Terms
AA Industrial Belting (Shanghai) 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.
AA Industrial Belting (Shanghai) Co PB Ratio Chart
For the Specialty Industrial Machinery subindustry, AA Industrial Belting (Shanghai) 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.
AA Industrial Belting (Shanghai) Co PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, AA Industrial Belting (Shanghai) Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where AA Industrial Belting (Shanghai) Co's PB Ratio falls into.
AA Industrial Belting (Shanghai) 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.
AA Industrial Belting (Shanghai) Co (SHSE:603580) has a PB Ratio of 16.51 as of Jul. 30, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on AA Industrial Belting (Shanghai) Co and its competitors. This is 295% above median its historical median of 4.18. Over the past decade, AA Industrial Belting (Shanghai) Co's PB Ratio has ranged from 2.36 to 17.72. According to the industry distribution chart, AA Industrial Belting (Shanghai) Co ranks #2904 out of 2983 companies in the Industrial Products industry, placing it in the top 97.4%.
Is AA Industrial Belting (Shanghai) Co's PB Ratio too high?
AA Industrial Belting (Shanghai) Co's current PB Ratio of 16.51 is 295% above median its 10-year median of 4.18. Over the past 10 years, this metric has ranged from a low of 2.36 to a high of 17.72. The Industrial Products industry median PB Ratio is 2.09. AA Industrial Belting (Shanghai) Co's value of 16.51 is 690% above this industry median. Based on the distribution chart, AA Industrial Belting (Shanghai) Co ranks #2904 out of 2983 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, AA Industrial Belting (Shanghai) Co has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AA Industrial Belting (Shanghai) Co's PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, AA Industrial Belting (Shanghai) Co ranks #2904 out of 2983 companies for PB Ratio. This places AA Industrial Belting (Shanghai) Co in the lower half of its industry. The industry median PB Ratio is 2.09. AA Industrial Belting (Shanghai) Co's value of 16.51 is 690% above this benchmark. Historically, AA Industrial Belting (Shanghai) Co's own PB Ratio has ranged from 2.36 to 17.72 over the past decade. While the company's 10-year median is 4.18 vs. the industry median of 2.09, AA Industrial Belting (Shanghai) 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 2.09, based on 2,983 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. AA Industrial Belting (Shanghai) Co's current PB Ratio of 16.51 is 690% 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 AA Industrial Belting (Shanghai) Co and its competitors. For the Industrial Products industry, the median PB Ratio is 2.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AA Industrial Belting (Shanghai) Co's current PB Ratio is 16.51, which is 295% above median its own 10-year median of 4.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AA Industrial Belting (Shanghai) Co stock overvalued right now?
Based on GuruFocus' analysis, AA Industrial Belting (Shanghai) Co (SHSE:603580) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥35.65, compared to a current price of ¥57.52 — trading 61.3% above its estimated fair value. The current PB Ratio is 16.51, which is 295% above median its 10-year median of 4.18 and 690% above the Industrial Products industry median of 2.09. AA Industrial Belting (Shanghai) Co's overall GF Score™ is 62/100 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 AA Industrial Belting (Shanghai) Co (SHSE:603580), the current PB Ratio is 16.51 as of Jul. 30, 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 AA Industrial Belting (Shanghai) Co (SHSE:603580) Overvalued in 2026?
Based on GuruFocus' analysis, AA Industrial Belting (Shanghai) Co stock appears to be overvalued.
The current stock price of ¥57.52 is trading 61.3% above its estimated GF Value™ of ¥35.65.
GuruFocus considers AA Industrial Belting (Shanghai) Co to be Significantly Overvalued.
Key valuation signals for SHSE:603580:
PB Ratio: 16.51 (295% above median its 10-year median of 4.18)
GF Value™: ¥35.65 vs. price of ¥57.52 (61.3% above fair value)
Industry Position: 690% above the Industrial Products median (#2904 of 2983)
No single metric tells the full story. See the SHSE:603580 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AA Industrial Belting (Shanghai) Co Business Description
AA Industrial Belting (Shanghai) Co Ltd is specialized in the research and development of light conveyor belts. Its main products include thermoplastic urethane (TPU) conveyor belts, thermoplastic polyester elastomeric (TPEE) conveyor belts, polyvinyl chloride (PVC) conveyor belts, polyethylene (PE) conveyor belts and seamless conveyor belts. Its product is widely used in food processing, airport logistics, textile printing, automotive and steel processing, tyre, tobacco, and aluminum industry.
62GF Score
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