Zhenhai Petrochemical Engineering Co (SHSE:603637) PB Ratio: 2.95 (As of Aug. 06, 2026) — Near Median

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SHSE:603637 Zhenhai Petrochemical Engineering Co Ltd SHSE:603637
71 GF Score
Price ¥12.92
GF Value ¥7.82
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Zhenhai Petrochemical Engineering Co PB Ratio?

Zhenhai Petrochemical Engineering Co SHSE:603637 +0.54% 71 PB Ratio is 2.95 as of Aug. 06, 2026, which is 9% above its 10-year median of 2.70. GuruFocus rates SHSE:603637 with a GF Score™ of 71/100 and a GF Value™ of ¥7.82 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,726 Construction companies, Zhenhai Petrochemical Engineering Co ranks worse than 77.58% 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 (2026-08-06), Zhenhai Petrochemical Engineering Co's share price is ¥12.92. Zhenhai Petrochemical Engineering Co's Book Value per Share for the quarter that ended in Mar. 2026 was ¥4.37. Hence, Zhenhai Petrochemical Engineering Co's PB Ratio of today is 2.95.

Good Sign:

Zhenhai Petrochemical Engineering Co Ltd stock PB Ratio (=2.45) is close to 1-year low of 2.31.

The historical rank and industry rank for Zhenhai Petrochemical Engineering Co's PB Ratio or its related term are showing as below:

SHSE:603637' s PB Ratio Range Over the Past 10 Years
Min: 1.39   Med: 2.7   Max: 9.92
Current: 2.96

During the past 13 years, Zhenhai Petrochemical Engineering Co's highest PB Ratio was 9.92. The lowest was 1.39. And the median was 2.70.

SHSE:603637's PB Ratio is ranked worse than
77.58% of 1726 companies
in the Construction industry
Industry Median: 1.34 vs SHSE:603637: 2.96

During the past 12 months, Zhenhai Petrochemical Engineering Co's average Book Value Per Share Growth Rate was 1.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 6.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 6.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 7.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Zhenhai Petrochemical Engineering Co was 22.70% per year. The lowest was 2.60% per year. And the median was 7.85% per year.

Back to Basics: PB Ratio


Zhenhai Petrochemical Engineering Co  (SHSE:603637) 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.


Zhenhai Petrochemical Engineering Co PB Ratio Related Terms


Zhenhai Petrochemical Engineering Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Zhenhai Petrochemical Engineering 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.

Zhenhai Petrochemical Engineering Co PB Ratio Chart

Zhenhai Petrochemical Engineering 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 3.01 2.09 2.28 1.94 2.48

Zhenhai Petrochemical Engineering 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 2.21 2.55 2.87 2.48 2.72

SHSE:603637 vs PWR, FIX, EME: PB Ratio Comparison

For the Engineering & Construction subindustry, Zhenhai Petrochemical Engineering 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.


Zhenhai Petrochemical Engineering Co PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Zhenhai Petrochemical Engineering Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Zhenhai Petrochemical Engineering Co's PB Ratio falls into.


SHSE:603637
71GF Score
Zhenhai Petrochemical Engineering Co Ltd SHSE:603637
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zhenhai Petrochemical Engineering 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.

Zhenhai Petrochemical Engineering Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=12.92/4.373
=2.95

* 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 2.95 mean?
Zhenhai Petrochemical Engineering Co (SHSE:603637) has a PB Ratio of 2.95 as of Aug. 06, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Zhenhai Petrochemical Engineering Co and its competitors. This is near median its historical median of 2.70. Over the past decade, Zhenhai Petrochemical Engineering Co's PB Ratio has ranged from 1.39 to 9.92. According to the industry distribution chart, Zhenhai Petrochemical Engineering Co ranks #1339 out of 1726 companies in the Construction industry, placing it in the top 77.6%.
Is Zhenhai Petrochemical Engineering Co's PB Ratio too high?
Zhenhai Petrochemical Engineering Co's current PB Ratio of 2.95 is near median its 10-year median of 2.70. Over the past 10 years, this metric has ranged from a low of 1.39 to a high of 9.92. The Construction industry median PB Ratio is 1.34. Zhenhai Petrochemical Engineering Co's value of 2.95 is 120.1% above this industry median. Based on the distribution chart, Zhenhai Petrochemical Engineering Co ranks #1339 out of 1726 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Zhenhai Petrochemical Engineering Co has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhenhai Petrochemical Engineering Co's PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Zhenhai Petrochemical Engineering Co ranks #1339 out of 1726 companies for PB Ratio. This places Zhenhai Petrochemical Engineering Co in the lower half of its industry. The industry median PB Ratio is 1.34. Zhenhai Petrochemical Engineering Co's value of 2.95 is 120.1% above this benchmark. Historically, Zhenhai Petrochemical Engineering Co's own PB Ratio has ranged from 1.39 to 9.92 over the past decade. While the company's 10-year median is 2.70 vs. the industry median of 1.34, Zhenhai Petrochemical Engineering 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 Construction company?
The median PB Ratio among Construction companies is 1.34, based on 1,726 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. Zhenhai Petrochemical Engineering Co's current PB Ratio of 2.95 is 120.1% 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 Zhenhai Petrochemical Engineering Co and its competitors. For the Construction industry, the median PB Ratio is 1.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhenhai Petrochemical Engineering Co's current PB Ratio is 2.95, which is near median its own 10-year median of 2.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhenhai Petrochemical Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, Zhenhai Petrochemical Engineering Co (SHSE:603637) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥7.82, compared to a current price of ¥12.92 — trading 65.2% above its estimated fair value. The current PB Ratio is 2.95, which is near median its 10-year median of 2.70 and 120.1% above the Construction industry median of 1.34. Zhenhai Petrochemical Engineering Co's overall GF Score™ is 71/100 with 3 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 Zhenhai Petrochemical Engineering Co (SHSE:603637), the current PB Ratio is 2.95 as of Aug. 06, 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 Zhenhai Petrochemical Engineering Co (SHSE:603637) Overvalued in 2026?

Based on GuruFocus' analysis, Zhenhai Petrochemical Engineering Co stock appears to be overvalued. The current stock price of ¥12.92 is trading 65.2% above its estimated GF Value™ of ¥7.82. GuruFocus considers Zhenhai Petrochemical Engineering Co to be Significantly Overvalued.

Key valuation signals for SHSE:603637:

  • PB Ratio: 2.95 (near median its 10-year median of 2.70)
  • GF Value™: ¥7.82 vs. price of ¥12.92 (65.2% above fair value)
  • GF Score™: 71/100 with 3 warning signs
  • Industry Position: 120.1% above the Construction median (#1339 of 1726)

No single metric tells the full story. See the SHSE:603637 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhenhai Petrochemical Engineering Co Business Description

Address No.36, Xinghai South Road, High-tech Zone, Zhejiang Province, Ningbo, CHN, 315042
Zhenhai Petrochemical Engineering Co Ltd provides construction of petrochemical engineering and technical services. Its services include engineering contracting, engineering design, project management, supervision, and engineering consulting project trial price and bidding agency, and other businesses. The company offers various forms of construction services, and technology development and application services; and project contract management services primarily for the petrochemical industry.
71GF Score

Get the complete analysis for SHSE:603637

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

¥12.92
Price
¥7.82
GF Value