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Changzhou Shichuang Energy Co Ltd stock PB Ratio (=2.72) is close to 2-year low of 2.59.
The historical rank and industry rank for Changzhou Shichuang Energy Co's PB Ratio or its related term are showing as below:
SHSE:688429'
s PB Ratio Range Over the Past 10 Years
Min: 2.14 Med: 3.75 Max: 5.99
Current: 2.82
During the past 7 years, Changzhou Shichuang Energy Co's highest PB Ratio was 5.99. The lowest was 2.14. And the median was 3.75.
SHSE:688429's PB Ratio is ranked worse than 62.65% of 2985
companies
in the Industrial Products industry
Industry Median: 2.12
vs SHSE:688429: 2.82
During the past 12 months, Changzhou Shichuang Energy Co's average Book Value Per Share Growth Rate was -15.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -3.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -8.10% per year.
During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Changzhou Shichuang Energy Co was 14.00% per year. The lowest was -12.80% per year. And the median was -7.75% per year.
Back to Basics: PB Ratio
Changzhou Shichuang Energy Co (SHSE:688429) 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.
Changzhou Shichuang Energy Co PB Ratio Related Terms
Changzhou Shichuang Energy 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.
For the Specialty Industrial Machinery subindustry, Changzhou Shichuang Energy 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.
Changzhou Shichuang Energy Co PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Changzhou Shichuang Energy Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Changzhou Shichuang Energy Co's PB Ratio falls into.
Changzhou Shichuang Energy 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.
Changzhou Shichuang Energy Co (SHSE:688429) has a PB Ratio of 2.81 as of Jul. 27, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Changzhou Shichuang Energy Co and its competitors. This is 25% below median its historical median of 3.75. Over the past decade, Changzhou Shichuang Energy Co's PB Ratio has ranged from 2.14 to 5.99. According to the industry distribution chart, Changzhou Shichuang Energy Co ranks #1870 out of 2985 companies in the Industrial Products industry, placing it in the top 62.6%.
Is Changzhou Shichuang Energy Co's PB Ratio too high?
Changzhou Shichuang Energy Co's current PB Ratio of 2.81 is 25% below median its 10-year median of 3.75. Over the past 10 years, this metric has ranged from a low of 2.14 to a high of 5.99. The Industrial Products industry median PB Ratio is 2.12. Changzhou Shichuang Energy Co's value of 2.81 is 32.5% above this industry median. Based on the distribution chart, Changzhou Shichuang Energy Co ranks #1870 out of 2985 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Changzhou Shichuang Energy Co has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Changzhou Shichuang Energy Co's PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Changzhou Shichuang Energy Co ranks #1870 out of 2985 companies for PB Ratio. This places Changzhou Shichuang Energy Co in the lower half of its industry. The industry median PB Ratio is 2.12. Changzhou Shichuang Energy Co's value of 2.81 is 32.5% above this benchmark. Historically, Changzhou Shichuang Energy Co's own PB Ratio has ranged from 2.14 to 5.99 over the past decade. While the company's 10-year median is 3.75 vs. the industry median of 2.12, Changzhou Shichuang Energy 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 an Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.12, based on 2,985 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. Changzhou Shichuang Energy Co's current PB Ratio of 2.81 is 32.5% 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 Changzhou Shichuang Energy Co and its competitors. For the Industrial Products industry, the median PB Ratio is 2.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Changzhou Shichuang Energy Co's current PB Ratio is 2.81, which is 25% below median its own 10-year median of 3.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Changzhou Shichuang Energy Co stock overvalued right now?
Based on GuruFocus' analysis, Changzhou Shichuang Energy Co (SHSE:688429) is currently considered Possible Value Trap. The stock's GF Value™ is ¥19.93, compared to a current price of ¥9.07 — trading 54.5% below its estimated fair value. The current PB Ratio is 2.81, which is 25% below median its 10-year median of 3.75 and 32.5% above the Industrial Products industry median of 2.12. Changzhou Shichuang Energy Co's overall GF Score™ is 60/100 with 6 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 Changzhou Shichuang Energy Co (SHSE:688429), the current PB Ratio is 2.81 as of Jul. 27, 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 Changzhou Shichuang Energy Co (SHSE:688429) Overvalued in 2026?
Based on GuruFocus' analysis, Changzhou Shichuang Energy Co stock appears to be undervalued.
The current stock price of ¥9.07 is trading 54.5% below its estimated GF Value™ of ¥19.93.
GuruFocus considers Changzhou Shichuang Energy Co to be Possible Value Trap.
Key valuation signals for SHSE:688429:
PB Ratio: 2.81 (25% below median its 10-year median of 3.75)
GF Value™: ¥19.93 vs. price of ¥9.07 (54.5% below fair value)
Industry Position: 32.5% above the Industrial Products median (#1870 of 2985)
No single metric tells the full story. See the SHSE:688429 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Changzhou Shichuang Energy Co Business Description
Changzhou Shichuang Energy Co Ltd is engaged in Research and development, production and sales of photovoltaic wet process auxiliary products, photovoltaic equipment and photovoltaic cells. The company's auxiliary products include texturing auxiliary products, polishing auxiliary products, cleaning auxiliary products, etc., which are mainly used for texturing, etching and polishing, cleaning and other links in the production of photovoltaic cells.
60GF Score
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