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Zhejiang Headman Machinery Co Ltd stock PB Ratio (=5.87) is close to 1-year low of 5.81.
The historical rank and industry rank for Zhejiang Headman Machinery Co's PB Ratio or its related term are showing as below:
SHSE:688577'
s PB Ratio Range Over the Past 10 Years
Min: 2.23 Med: 3.46 Max: 15.36
Current: 5.89
During the past 13 years, Zhejiang Headman Machinery Co's highest PB Ratio was 15.36. The lowest was 2.23. And the median was 3.46.
SHSE:688577's PB Ratio is ranked worse than 85.39% of 2985
companies
in the Industrial Products industry
Industry Median: 2.12
vs SHSE:688577: 5.89
During the past 12 months, Zhejiang Headman Machinery Co's average Book Value Per Share Growth Rate was 1.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 3.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 5.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 20.00% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Zhejiang Headman Machinery Co was 39.20% per year. The lowest was 3.90% per year. And the median was 22.25% per year.
Back to Basics: PB Ratio
Zhejiang Headman Machinery Co (SHSE:688577) 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.
Zhejiang Headman Machinery Co PB Ratio Related Terms
Zhejiang Headman Machinery 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, Zhejiang Headman Machinery 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 Headman Machinery Co PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Zhejiang Headman Machinery Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Zhejiang Headman Machinery Co's PB Ratio falls into.
Zhejiang Headman Machinery 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.
Zhejiang Headman Machinery Co (SHSE:688577) has a PB Ratio of 5.90 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 Zhejiang Headman Machinery Co and its competitors. This is 71% above median its historical median of 3.46. Over the past decade, Zhejiang Headman Machinery Co's PB Ratio has ranged from 2.23 to 15.36. According to the industry distribution chart, Zhejiang Headman Machinery Co ranks #2549 out of 2985 companies in the Industrial Products industry, placing it in the top 85.4%.
Is Zhejiang Headman Machinery Co's PB Ratio too high?
Zhejiang Headman Machinery Co's current PB Ratio of 5.90 is 71% above median its 10-year median of 3.46. Over the past 10 years, this metric has ranged from a low of 2.23 to a high of 15.36. The Industrial Products industry median PB Ratio is 2.12. Zhejiang Headman Machinery Co's value of 5.90 is 178.3% above this industry median. Based on the distribution chart, Zhejiang Headman Machinery Co ranks #2549 out of 2985 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Zhejiang Headman Machinery Co has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Headman Machinery Co's PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Zhejiang Headman Machinery Co ranks #2549 out of 2985 companies for PB Ratio. This places Zhejiang Headman Machinery Co in the lower half of its industry. The industry median PB Ratio is 2.12. Zhejiang Headman Machinery Co's value of 5.90 is 178.3% above this benchmark. Historically, Zhejiang Headman Machinery Co's own PB Ratio has ranged from 2.23 to 15.36 over the past decade. While the company's 10-year median is 3.46 vs. the industry median of 2.12, Zhejiang Headman Machinery 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. Zhejiang Headman Machinery Co's current PB Ratio of 5.90 is 178.3% 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 Headman Machinery 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. Zhejiang Headman Machinery Co's current PB Ratio is 5.90, which is 71% above median its own 10-year median of 3.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Headman Machinery Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Headman Machinery Co (SHSE:688577) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥34.76, compared to a current price of ¥39.20 — trading 12.8% above its estimated fair value. The current PB Ratio is 5.90, which is 71% above median its 10-year median of 3.46 and 178.3% above the Industrial Products industry median of 2.12. Zhejiang Headman Machinery Co's overall GF Score™ is 81/100 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 Zhejiang Headman Machinery Co (SHSE:688577), the current PB Ratio is 5.90 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 Zhejiang Headman Machinery Co (SHSE:688577) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Headman Machinery Co stock appears to be overvalued.
The current stock price of ¥39.20 is trading 12.8% above its estimated GF Value™ of ¥34.76.
GuruFocus considers Zhejiang Headman Machinery Co to be Modestly Overvalued.
Key valuation signals for SHSE:688577:
PB Ratio: 5.90 (71% above median its 10-year median of 3.46)
GF Value™: ¥34.76 vs. price of ¥39.20 (12.8% above fair value)
Industry Position: 178.3% above the Industrial Products median (#2549 of 2985)
No single metric tells the full story. See the SHSE:688577 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang Headman Machinery Co Business Description
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