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:688033's PB Ratio is ranked worse than 70.22% of 1575
companies
in the Chemicals industry
Industry Median: 1.62
vs SHSE:688033: 2.64
During the past 12 months, Beijing Tianyishangjia New Material's average Book Value Per Share Growth Rate was -62.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -34.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -9.30% per year.
During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of Beijing Tianyishangjia New Material was 23.00% per year. The lowest was -34.90% per year. And the median was 4.20% 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.
Beijing Tianyishangjia New Material PB Ratio Related Terms
Beijing Tianyishangjia New Material 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.
Beijing Tianyishangjia New Material PB Ratio Chart
For the Specialty Chemicals subindustry, Beijing Tianyishangjia New Material'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.
Beijing Tianyishangjia New Material PB Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Beijing Tianyishangjia New Material's PB Ratio distribution charts can be found below:
* The bar in red indicates where Beijing Tianyishangjia New Material's PB Ratio falls into.
Beijing Tianyishangjia New Material 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.
Beijing Tianyishangjia New Material (SHSE:688033) has a PB Ratio of 2.64 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 Beijing Tianyishangjia New Material and its competitors. This is near median its historical median of 2.54. Over the past decade, Beijing Tianyishangjia New Material's PB Ratio has ranged from 0.56 to 18.16. According to the industry distribution chart, Beijing Tianyishangjia New Material ranks #1106 out of 1575 companies in the Chemicals industry, placing it in the top 70.2%.
Is Beijing Tianyishangjia New Material's PB Ratio too high?
Beijing Tianyishangjia New Material's current PB Ratio of 2.64 is near median its 10-year median of 2.54. Over the past 10 years, this metric has ranged from a low of 0.56 to a high of 18.16. The Chemicals industry median PB Ratio is 1.62. Beijing Tianyishangjia New Material's value of 2.64 is 63% above this industry median. Based on the distribution chart, Beijing Tianyishangjia New Material ranks #1106 out of 1575 companies in the Chemicals industry, which is below the industry midpoint. Overall, Beijing Tianyishangjia New Material has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Beijing Tianyishangjia New Material's PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Beijing Tianyishangjia New Material ranks #1106 out of 1575 companies for PB Ratio. This places Beijing Tianyishangjia New Material in the lower half of its industry. The industry median PB Ratio is 1.62. Beijing Tianyishangjia New Material's value of 2.64 is 63% above this benchmark. Historically, Beijing Tianyishangjia New Material's own PB Ratio has ranged from 0.56 to 18.16 over the past decade. While the company's 10-year median is 2.54 vs. the industry median of 1.62, Beijing Tianyishangjia New Material 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 Chemicals company?
The median PB Ratio among Chemicals companies is 1.62, based on 1,575 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. Beijing Tianyishangjia New Material's current PB Ratio of 2.64 is 63% 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 Beijing Tianyishangjia New Material and its competitors. For the Chemicals industry, the median PB Ratio is 1.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Beijing Tianyishangjia New Material's current PB Ratio is 2.64, which is near median its own 10-year median of 2.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beijing Tianyishangjia New Material stock overvalued right now?
Based on GuruFocus' analysis, Beijing Tianyishangjia New Material (SHSE:688033) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥4.57, compared to a current price of ¥6.23 — trading 36.3% above its estimated fair value. The current PB Ratio is 2.64, which is near median its 10-year median of 2.54 and 63% above the Chemicals industry median of 1.62. Beijing Tianyishangjia New Material's overall GF Score™ is 60/100 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 Beijing Tianyishangjia New Material (SHSE:688033), the current PB Ratio is 2.64 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 Beijing Tianyishangjia New Material (SHSE:688033) Overvalued in 2026?
Based on GuruFocus' analysis, Beijing Tianyishangjia New Material stock appears to be overvalued.
The current stock price of ¥6.23 is trading 36.3% above its estimated GF Value™ of ¥4.57.
GuruFocus considers Beijing Tianyishangjia New Material to be Significantly Overvalued.
Key valuation signals for SHSE:688033:
PB Ratio: 2.64 (near median its 10-year median of 2.54)
GF Value™: ¥4.57 vs. price of ¥6.23 (36.3% above fair value)
Industry Position: 63% above the Chemicals median (#1106 of 1575)
No single metric tells the full story. See the SHSE:688033 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Beijing Tianyishangjia New Material Corp Ltd Is engaged in the research and development, production, and sales of powder metallurgy brakes and locomotives, urban rail brakes, and brake shoes for high-speed trains. The company's segment includes the Rail transit business division, photovoltaic new energy business division, Automotive business segment, National defense equipment business division, and Other business segments.
60GF Score
Get the complete analysis for SHSE:688033
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:688033 has been successfully added to your 
