Zhejiang Huasheng Technology Co (SHSE:605180) PB Ratio: 1.51 (As of Jul. 21, 2026) — 27% Below Median

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Director of Data and Quant Analytics at GuruFocus
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.
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Founder & CEO of GuruFocus
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:605180 Zhejiang Huasheng Technology Co Ltd SHSE:605180
71 GF Score
Price ¥10.28
GF Value ¥17.88
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Zhejiang Huasheng Technology Co PB Ratio?

Zhejiang Huasheng Technology Co SHSE:605180 -2.00% 71 PB Ratio is 1.51 as of Jul. 21, 2026, which is 27% below its 10-year median of 2.07. GuruFocus rates SHSE:605180 with a GF Score™ of 71/100 and a GF Value™ of ¥17.88 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,003 Manufacturing - Apparel & Accessories companies, Zhejiang Huasheng Technology Co ranks worse than 63.41% 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 (2026-07-21), Zhejiang Huasheng Technology Co's share price is ¥10.28. Zhejiang Huasheng Technology Co's Book Value per Share for the quarter that ended in Mar. 2026 was ¥6.80. Hence, Zhejiang Huasheng Technology Co's PB Ratio of today is 1.51.

Good Sign:

Zhejiang Huasheng Technology Co Ltd stock PB Ratio (=1.65) is close to 2-year low of 1.55.

The historical rank and industry rank for Zhejiang Huasheng Technology Co's PB Ratio or its related term are showing as below:

SHSE:605180' s PB Ratio Range Over the Past 10 Years
Min: 1.19   Med: 2.07   Max: 7.39
Current: 1.51

During the past 10 years, Zhejiang Huasheng Technology Co's highest PB Ratio was 7.39. The lowest was 1.19. And the median was 2.07.

SHSE:605180's PB Ratio is ranked worse than
63.41% of 1003 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.07 vs SHSE:605180: 1.51

During the past 3 years, the average Book Value Per Share Growth Rate was 1.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 8.60% per year.

During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of Zhejiang Huasheng Technology Co was 36.40% per year. The lowest was -0.10% per year. And the median was 19.80% per year.

Back to Basics: PB Ratio


Zhejiang Huasheng Technology Co  (SHSE:605180) 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.


Zhejiang Huasheng Technology Co PB Ratio Related Terms


Zhejiang Huasheng Technology Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Zhejiang Huasheng Technology 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.

Zhejiang Huasheng Technology Co PB Ratio Chart

Zhejiang Huasheng Technology 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 3.09 1.84 2.14 1.82 2.15

Zhejiang Huasheng Technology 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 1.94 2.19 2.29 2.15 2.16

Zhejiang Huasheng Technology Co PB Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Zhejiang Huasheng Technology 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.


Zhejiang Huasheng Technology Co PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Zhejiang Huasheng Technology Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Zhejiang Huasheng Technology Co's PB Ratio falls into.


SHSE:605180
71GF Score
Zhejiang Huasheng Technology Co Ltd SHSE:605180
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zhejiang Huasheng Technology 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.

Zhejiang Huasheng Technology Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=10.28/6.796
=1.51

* 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 1.51 mean?
Zhejiang Huasheng Technology Co (SHSE:605180) has a PB Ratio of 1.51 as of Jul. 21, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Zhejiang Huasheng Technology Co and its competitors. This is 27% below median its historical median of 2.07. Over the past decade, Zhejiang Huasheng Technology Co's PB Ratio has ranged from 1.19 to 7.39. According to the industry distribution chart, Zhejiang Huasheng Technology Co ranks #636 out of 1003 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 63.4%.
Is Zhejiang Huasheng Technology Co's PB Ratio too high?
Zhejiang Huasheng Technology Co's current PB Ratio of 1.51 is 27% below median its 10-year median of 2.07. Over the past 10 years, this metric has ranged from a low of 1.19 to a high of 7.39. The Manufacturing - Apparel & Accessories industry median PB Ratio is 1.07. Zhejiang Huasheng Technology Co's value of 1.51 is 41.1% above this industry median. Based on the distribution chart, Zhejiang Huasheng Technology Co ranks #636 out of 1003 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Zhejiang Huasheng Technology Co has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Huasheng Technology Co's PB Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Zhejiang Huasheng Technology Co ranks #636 out of 1003 companies for PB Ratio. This places Zhejiang Huasheng Technology Co in the lower half of its industry. The industry median PB Ratio is 1.07. Zhejiang Huasheng Technology Co's value of 1.51 is 41.1% above this benchmark. Historically, Zhejiang Huasheng Technology Co's own PB Ratio has ranged from 1.19 to 7.39 over the past decade. While the company's 10-year median is 2.07 vs. the industry median of 1.07, Zhejiang Huasheng Technology 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 Manufacturing - Apparel & Accessories company?
The median PB Ratio among Manufacturing - Apparel & Accessories companies is 1.07, 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. Zhejiang Huasheng Technology Co's current PB Ratio of 1.51 is 41.1% 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 Zhejiang Huasheng Technology Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median PB Ratio is 1.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Huasheng Technology Co's current PB Ratio is 1.51, which is 27% below median its own 10-year median of 2.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Huasheng Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Huasheng Technology Co (SHSE:605180) is currently considered Possible Value Trap. The stock's GF Value™ is ¥17.88, compared to a current price of ¥10.28 — trading 42.5% below its estimated fair value. The current PB Ratio is 1.51, which is 27% below median its 10-year median of 2.07 and 41.1% above the Manufacturing - Apparel & Accessories industry median of 1.07. Zhejiang Huasheng Technology Co's overall GF Score™ is 71/100 with 7 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 Zhejiang Huasheng Technology Co (SHSE:605180), the current PB Ratio is 1.51 as of Jul. 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 Zhejiang Huasheng Technology Co (SHSE:605180) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Huasheng Technology Co stock appears to be undervalued. The current stock price of ¥10.28 is trading 42.5% below its estimated GF Value™ of ¥17.88. GuruFocus considers Zhejiang Huasheng Technology Co to be Possible Value Trap.

Key valuation signals for SHSE:605180:

  • PB Ratio: 1.51 (27% below median its 10-year median of 2.07)
  • GF Value™: ¥17.88 vs. price of ¥10.28 (42.5% below fair value)
  • GF Score™: 71/100 with 7 warning signs
  • Industry Position: 41.1% above the Manufacturing - Apparel & Accessories median (#636 of 1003)

No single metric tells the full story. See the SHSE:605180 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhejiang Huasheng Technology Co Business Description

Address No. 8 Hongqi Avenue, Maqiao Street, Jiaxing City, Zhejiang Province, Haining, CHN, 314419
Zhejiang Huasheng Technology Co Ltd is engaged in the research and development, production, and sales of plastic composite materials. The company's main products are airtight materials and flexible materials. Among them, airtight materials include brushed air cushion materials and inflatable yacht materials, which are mainly used in sports and leisure fields such as paddle boards, gymnastics mats, and inflatable yachts; flexible materials include canopy materials and light box advertising materials, which are mainly used in transportation, logistics and planes, advertising, and other fields.
71GF Score

Get the complete analysis for SHSE:605180

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

¥10.28
Price
¥17.88
GF Value