Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
SHSE:603991's PB Ratio is ranked worse than 74.88% of 1003
companies
in the Semiconductors industry
Industry Median: 3.2
vs SHSE:603991: 5.84
During the past 12 months, Shenzhen Leading Semiconductor Industry Co's average Book Value Per Share Growth Rate was 703.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 78.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 20.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 4.20% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Shenzhen Leading Semiconductor Industry Co was 78.40% per year. The lowest was -13.30% per year. And the median was 8.40% 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.
Shenzhen Leading Semiconductor Industry Co PB Ratio Related Terms
Shenzhen Leading Semiconductor Industry 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.
Shenzhen Leading Semiconductor Industry Co PB Ratio Chart
Shenzhen Leading Semiconductor Industry Co Annual Data
SHSE:603991 vs AMAT, LRCX, KLAC: PB Ratio Comparison
For the Semiconductor Equipment & Materials subindustry, Shenzhen Leading Semiconductor Industry 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.
Shenzhen Leading Semiconductor Industry Co PB Ratio vs Semiconductors Industry
Shenzhen Leading Semiconductor Industry 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.
Shenzhen Leading Semiconductor Industry Co (SHSE:603991) has a PB Ratio of 5.84 as of Aug. 21, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Shenzhen Leading Semiconductor Industry Co and its competitors. This is 31% below median its historical median of 8.45. Over the past decade, Shenzhen Leading Semiconductor Industry Co's PB Ratio has ranged from 2.56 to 54.03. According to the industry distribution chart, Shenzhen Leading Semiconductor Industry Co ranks #751 out of 1003 companies in the Semiconductors industry, placing it in the top 74.9%.
Is Shenzhen Leading Semiconductor Industry Co's PB Ratio too high?
Shenzhen Leading Semiconductor Industry Co's current PB Ratio of 5.84 is 31% below median its 10-year median of 8.45. Over the past 10 years, this metric has ranged from a low of 2.56 to a high of 54.03. The Semiconductors industry median PB Ratio is 3.20. Shenzhen Leading Semiconductor Industry Co's value of 5.84 is 82.5% above this industry median. Based on the distribution chart, Shenzhen Leading Semiconductor Industry Co ranks #751 out of 1003 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Shenzhen Leading Semiconductor Industry Co has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shenzhen Leading Semiconductor Industry Co's PB Ratio compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Shenzhen Leading Semiconductor Industry Co ranks #751 out of 1003 companies for PB Ratio. This places Shenzhen Leading Semiconductor Industry Co in the lower half of its industry. The industry median PB Ratio is 3.20. Shenzhen Leading Semiconductor Industry Co's value of 5.84 is 82.5% above this benchmark. Historically, Shenzhen Leading Semiconductor Industry Co's own PB Ratio has ranged from 2.56 to 54.03 over the past decade. While the company's 10-year median is 8.45 vs. the industry median of 3.20, Shenzhen Leading Semiconductor Industry 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 Semiconductors company?
The median PB Ratio among Semiconductors companies is 3.20, based on 1,003 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. Shenzhen Leading Semiconductor Industry Co's current PB Ratio of 5.84 is 82.5% 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 Shenzhen Leading Semiconductor Industry Co and its competitors. For the Semiconductors industry, the median PB Ratio is 3.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shenzhen Leading Semiconductor Industry Co's current PB Ratio is 5.84, which is 31% below median its own 10-year median of 8.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen Leading Semiconductor Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Shenzhen Leading Semiconductor Industry Co (SHSE:603991) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥168.50, compared to a current price of ¥134.54 — trading 20.2% below its estimated fair value. The current PB Ratio is 5.84, which is 31% below median its 10-year median of 8.45 and 82.5% above the Semiconductors industry median of 3.20. Shenzhen Leading Semiconductor Industry Co's overall GF Score™ is 70/100 with 5 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 Shenzhen Leading Semiconductor Industry Co (SHSE:603991), the current PB Ratio is 5.84 as of Aug. 21, 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 Shenzhen Leading Semiconductor Industry Co (SHSE:603991) Overvalued in 2026?
Based on GuruFocus' analysis, Shenzhen Leading Semiconductor Industry Co stock appears to be undervalued.
The current stock price of ¥134.54 is trading 20.2% below its estimated GF Value™ of ¥168.50.
GuruFocus considers Shenzhen Leading Semiconductor Industry Co to be Modestly Undervalued.
Key valuation signals for SHSE:603991:
PB Ratio: 5.84 (31% below median its 10-year median of 8.45)
GF Value™: ¥168.50 vs. price of ¥134.54 (20.2% below fair value)
Industry Position: 82.5% above the Semiconductors median (#751 of 1003)
No single metric tells the full story. See the SHSE:603991 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shenzhen Leading Semiconductor Industry Co Ltd is engaged in the sales of self-produced products, the import and export of goods and technologies, and semiconductor device manufacturing. The company operates in the manufacturing of specialized semiconductor device equipment and electronic equipment, the development of basic and application artificial intelligence software, and the research, development, and production of electronic specialty materials. It also provides technical services, technology development, and information system operation and maintenance services.
70GF Score
Get the complete analysis for SHSE:603991
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:603991 has been successfully added to your 
