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.
The historical rank and industry rank for Shanghai Shen Lian Biomedical's PB Ratio or its related term are showing as below:
SHSE:688098'
s PB Ratio Range Over the Past 10 Years
Min: 1.05 Med: 2.48 Max: 9.53
Current: 2.45
During the past 13 years, Shanghai Shen Lian Biomedical's highest PB Ratio was 9.53. The lowest was 1.05. And the median was 2.48.
SHSE:688098's PB Ratio is ranked better than 54.6% of 1229
companies
in the Biotechnology industry
Industry Median: 2.79
vs SHSE:688098: 2.45
During the past 12 months, Shanghai Shen Lian Biomedical's average Book Value Per Share Growth Rate was -1.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -2.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -0.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -1.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Shanghai Shen Lian Biomedical was 31.50% per year. The lowest was -15.00% per year. And the median was 0.30% per year.
Back to Basics: PB Ratio
Shanghai Shen Lian Biomedical (SHSE:688098) PB Ratio Explanation
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 Shen Lian Biomedical PB Ratio Related Terms
Shanghai Shen Lian Biomedical 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.
SHSE:688098 vs VRTX, REGN, ALNY: PB Ratio Comparison
For the Biotechnology subindustry, Shanghai Shen Lian Biomedical'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 Shen Lian Biomedical PB Ratio vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Shanghai Shen Lian Biomedical's PB Ratio distribution charts can be found below:
* The bar in red indicates where Shanghai Shen Lian Biomedical's PB Ratio falls into.
Shanghai Shen Lian Biomedical 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.
Shanghai Shen Lian Biomedical (SHSE:688098) has a PB Ratio of 2.45 as of Jul. 22, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Shanghai Shen Lian Biomedical and its competitors. This is near median its historical median of 2.48. Over the past decade, Shanghai Shen Lian Biomedical's PB Ratio has ranged from 1.05 to 9.53. According to the industry distribution chart, Shanghai Shen Lian Biomedical ranks #558 out of 1229 companies in the Biotechnology industry, placing it in the top 45.4%.
Is Shanghai Shen Lian Biomedical's PB Ratio too high?
Shanghai Shen Lian Biomedical's current PB Ratio of 2.45 is near median its 10-year median of 2.48. Over the past 10 years, this metric has ranged from a low of 1.05 to a high of 9.53. The Biotechnology industry median PB Ratio is 2.79. Shanghai Shen Lian Biomedical's value of 2.45 is 12.2% below this industry median. Based on the distribution chart, Shanghai Shen Lian Biomedical ranks #558 out of 1229 companies in the Biotechnology industry, which is above the industry midpoint. Overall, Shanghai Shen Lian Biomedical has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Shen Lian Biomedical's PB Ratio compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Shanghai Shen Lian Biomedical ranks #558 out of 1229 companies for PB Ratio. This puts Shanghai Shen Lian Biomedical in the upper half of its industry. The industry median PB Ratio is 2.79. Shanghai Shen Lian Biomedical's value of 2.45 is 12.2% below this benchmark. Historically, Shanghai Shen Lian Biomedical's own PB Ratio has ranged from 1.05 to 9.53 over the past decade. While the company's 10-year median is 2.48 vs. the industry median of 2.79, Shanghai Shen Lian Biomedical has consistently been below 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 Biotechnology company?
The median PB Ratio among Biotechnology companies is 2.79, based on 1,229 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 Shen Lian Biomedical's current PB Ratio of 2.45 is 12.2% below 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 Shen Lian Biomedical and its competitors. For the Biotechnology industry, the median PB Ratio is 2.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Shen Lian Biomedical's current PB Ratio is 2.45, which is near median its own 10-year median of 2.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Shen Lian Biomedical stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Shen Lian Biomedical (SHSE:688098) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥5.86, compared to a current price of ¥8.27 — trading 41.1% above its estimated fair value. The current PB Ratio is 2.45, which is near median its 10-year median of 2.48 and 12.2% below the Biotechnology industry median of 2.79. Shanghai Shen Lian Biomedical's overall GF Score™ is 69/100 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 Shen Lian Biomedical (SHSE:688098), the current PB Ratio is 2.45 as of Jul. 22, 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 Shen Lian Biomedical (SHSE:688098) Overvalued in 2026?
Based on GuruFocus' analysis, Shanghai Shen Lian Biomedical stock appears to be overvalued.
The current stock price of ¥8.27 is trading 41.1% above its estimated GF Value™ of ¥5.86.
GuruFocus considers Shanghai Shen Lian Biomedical to be Significantly Overvalued.
Key valuation signals for SHSE:688098:
PB Ratio: 2.45 (near median its 10-year median of 2.48)
GF Value™: ¥5.86 vs. price of ¥8.27 (41.1% above fair value)
Industry Position: 12.2% below the Biotechnology median (#558 of 1229)
No single metric tells the full story. See the SHSE:688098 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanghai Shen Lian Biomedical Business Description
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:688098 has been successfully added to your 
