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SHSE:603619's PB Ratio is ranked worse than 71.37% of 936
companies
in the Oil & Gas industry
Industry Median: 1.5
vs SHSE:603619: 2.39
During the past 12 months, Zhongman Petroleum And Natural Gas Group's average Book Value Per Share Growth Rate was 2.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 17.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 15.90% 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 Zhongman Petroleum And Natural Gas Group was 48.20% per year. The lowest was -8.80% per year. And the median was 18.50% 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.
Zhongman Petroleum And Natural Gas Group PB Ratio Related Terms
Zhongman Petroleum And Natural Gas Group 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.
Zhongman Petroleum And Natural Gas Group PB Ratio Chart
Zhongman Petroleum And Natural Gas Group Annual Data
For the Oil & Gas Integrated subindustry, Zhongman Petroleum And Natural Gas Group'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.
Zhongman Petroleum And Natural Gas Group PB Ratio vs Oil & Gas Industry
Zhongman Petroleum And Natural Gas Group 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.
Zhongman Petroleum And Natural Gas Group (SHSE:603619) has a PB Ratio of 2.39 as of Aug. 17, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Zhongman Petroleum And Natural Gas Group and its competitors. This is 12% below median its historical median of 2.72. Over the past decade, Zhongman Petroleum And Natural Gas Group's PB Ratio has ranged from 1.71 to 7.23. According to the industry distribution chart, Zhongman Petroleum And Natural Gas Group ranks #668 out of 936 companies in the Oil & Gas industry, placing it in the top 71.4%.
Is Zhongman Petroleum And Natural Gas Group's PB Ratio too high?
Zhongman Petroleum And Natural Gas Group's current PB Ratio of 2.39 is 12% below median its 10-year median of 2.72. Over the past 10 years, this metric has ranged from a low of 1.71 to a high of 7.23. The Oil & Gas industry median PB Ratio is 1.50. Zhongman Petroleum And Natural Gas Group's value of 2.39 is 59.3% above this industry median. Based on the distribution chart, Zhongman Petroleum And Natural Gas Group ranks #668 out of 936 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Zhongman Petroleum And Natural Gas Group has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhongman Petroleum And Natural Gas Group's PB Ratio compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Zhongman Petroleum And Natural Gas Group ranks #668 out of 936 companies for PB Ratio. This places Zhongman Petroleum And Natural Gas Group in the lower half of its industry. The industry median PB Ratio is 1.50. Zhongman Petroleum And Natural Gas Group's value of 2.39 is 59.3% above this benchmark. Historically, Zhongman Petroleum And Natural Gas Group's own PB Ratio has ranged from 1.71 to 7.23 over the past decade. While the company's 10-year median is 2.72 vs. the industry median of 1.50, Zhongman Petroleum And Natural Gas Group 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 Oil & Gas company?
The median PB Ratio among Oil & Gas companies is 1.50, based on 936 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. Zhongman Petroleum And Natural Gas Group's current PB Ratio of 2.39 is 59.3% 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 Zhongman Petroleum And Natural Gas Group and its competitors. For the Oil & Gas industry, the median PB Ratio is 1.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhongman Petroleum And Natural Gas Group's current PB Ratio is 2.39, which is 12% 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 Zhongman Petroleum And Natural Gas Group stock overvalued right now?
Based on GuruFocus' analysis, Zhongman Petroleum And Natural Gas Group (SHSE:603619) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥20.07, compared to a current price of ¥22.56 — trading 12.4% above its estimated fair value. The current PB Ratio is 2.39, which is 12% below median its 10-year median of 2.72 and 59.3% above the Oil & Gas industry median of 1.50. Zhongman Petroleum And Natural Gas Group's overall GF Score™ is 78/100 with 6 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 Zhongman Petroleum And Natural Gas Group (SHSE:603619), the current PB Ratio is 2.39 as of Aug. 17, 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 Zhongman Petroleum And Natural Gas Group (SHSE:603619) Overvalued in 2026?
Based on GuruFocus' analysis, Zhongman Petroleum And Natural Gas Group stock appears to be overvalued.
The current stock price of ¥22.56 is trading 12.4% above its estimated GF Value™ of ¥20.07.
GuruFocus considers Zhongman Petroleum And Natural Gas Group to be Modestly Overvalued.
Key valuation signals for SHSE:603619:
PB Ratio: 2.39 (12% below median its 10-year median of 2.72)
GF Value™: ¥20.07 vs. price of ¥22.56 (12.4% above fair value)
Industry Position: 59.3% above the Oil & Gas median (#668 of 936)
No single metric tells the full story. See the SHSE:603619 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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