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Shanghai Laiyifen CoSHSE:603777 +3.12%64 PB Ratio is 2.84 as of Jul. 31, 2026, which is 6% above its 10-year median of 2.67. GuruFocus rates SHSE:603777 with a GF Score™ of 64/100 and a GF Value™ of ¥12.64 (Fairly Valued). The stock has 2 warning signs investors should review. Among 305 Retail - Defensive companies, Shanghai Laiyifen Co ranks worse than 66.89% on this metric.
Shanghai Laiyifen Co Ltd stock PB Ratio (=2.74) is close to 1-year low of 2.6.
The historical rank and industry rank for Shanghai Laiyifen Co's PB Ratio or its related term are showing as below:
SHSE:603777'
s PB Ratio Range Over the Past 10 Years
Min: 1.46 Med: 2.67 Max: 9.44
Current: 2.84
During the past 13 years, Shanghai Laiyifen Co's highest PB Ratio was 9.44. The lowest was 1.46. And the median was 2.67.
SHSE:603777's PB Ratio is ranked worse than 66.89% of 305
companies
in the Retail - Defensive industry
Industry Median: 1.69
vs SHSE:603777: 2.84
During the past 12 months, Shanghai Laiyifen Co's average Book Value Per Share Growth Rate was -10.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -4.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -0.50% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Shanghai Laiyifen Co was 62.00% per year. The lowest was -4.40% per year. And the median was 2.05% 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 Laiyifen Co PB Ratio Related Terms
Shanghai Laiyifen Co PB Ratio Historical Data
* Premium members only.
The historical data trend for Shanghai Laiyifen 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.
For the Grocery Stores subindustry, Shanghai Laiyifen 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 Laiyifen Co PB Ratio vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Shanghai Laiyifen Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Shanghai Laiyifen Co's PB Ratio falls into.
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 Laiyifen Co (SHSE:603777) has a PB Ratio of 2.84 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 Shanghai Laiyifen Co and its competitors. This is near median its historical median of 2.67. Over the past decade, Shanghai Laiyifen Co's PB Ratio has ranged from 1.46 to 9.44. According to the industry distribution chart, Shanghai Laiyifen Co ranks #204 out of 305 companies in the Retail - Defensive industry, placing it in the top 66.9%.
Is Shanghai Laiyifen Co's PB Ratio too high?
Shanghai Laiyifen Co's current PB Ratio of 2.84 is near median its 10-year median of 2.67. Over the past 10 years, this metric has ranged from a low of 1.46 to a high of 9.44. The Retail - Defensive industry median PB Ratio is 1.69. Shanghai Laiyifen Co's value of 2.84 is 68% above this industry median. Based on the distribution chart, Shanghai Laiyifen Co ranks #204 out of 305 companies in the Retail - Defensive industry, which is below the industry midpoint. Overall, Shanghai Laiyifen Co has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Laiyifen Co's PB Ratio compare to KR?
According to the Retail - Defensive industry distribution chart, Shanghai Laiyifen Co ranks #204 out of 305 companies for PB Ratio. This places Shanghai Laiyifen Co in the lower half of its industry. The industry median PB Ratio is 1.69. Shanghai Laiyifen Co's value of 2.84 is 68% above this benchmark. Historically, Shanghai Laiyifen Co's own PB Ratio has ranged from 1.46 to 9.44 over the past decade. While the company's 10-year median is 2.67 vs. the industry median of 1.69, Shanghai Laiyifen 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 Retail - Defensive company?
The median PB Ratio among Retail - Defensive companies is 1.69, based on 305 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 Laiyifen Co's current PB Ratio of 2.84 is 68% 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 Laiyifen Co and its competitors. For the Retail - Defensive industry, the median PB Ratio is 1.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Laiyifen Co's current PB Ratio is 2.84, which is near median its own 10-year median of 2.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Laiyifen Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Laiyifen Co (SHSE:603777) is currently considered Fairly Valued. The stock's GF Value™ is ¥12.64, compared to a current price of ¥13.23 — trading 4.7% above its estimated fair value. The current PB Ratio is 2.84, which is near median its 10-year median of 2.67 and 68% above the Retail - Defensive industry median of 1.69. Shanghai Laiyifen Co's overall GF Score™ is 64/100 with 2 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 Laiyifen Co (SHSE:603777), the current PB Ratio is 2.84 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 Shanghai Laiyifen Co (SHSE:603777) Overvalued in 2026?
Based on GuruFocus' analysis, Shanghai Laiyifen Co stock appears to be overvalued.
The current stock price of ¥13.23 is trading 4.7% above its estimated GF Value™ of ¥12.64.
GuruFocus considers Shanghai Laiyifen Co to be Fairly Valued.
Key valuation signals for SHSE:603777:
PB Ratio: 2.84 (near median its 10-year median of 2.67)
GF Value™: ¥12.64 vs. price of ¥13.23 (4.7% above fair value)
Industry Position: 68% above the Retail - Defensive median (#204 of 305)
No single metric tells the full story. See the SHSE:603777 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanghai Laiyifen Co Ltd is an omnichannel operator of its own branded snack foods. The company's core brand is Lai Yifen. Its products cover nuts, meat products, dried fruit, pastries, vegetables, soy products and 9 categories of snack foods such as aquatic products, chocolate candies/jelly and puffed.
64GF Score
Get the complete analysis for SHSE:603777
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