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Shandong Gold Mining CoSTU:188H +0.26%75 PB Ratio is 1.49 as of Jul. 21, 2026, which is 56% below its 10-year median of 3.38. GuruFocus rates STU:188H with a GF Score™ of 75/100 and a GF Value™ of €3.45 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 2,354 Metals & Mining companies, Shandong Gold Mining Co ranks worse than 57.69% on this metric.
The historical rank and industry rank for Shandong Gold Mining Co's PB Ratio or its related term are showing as below:
STU:188H'
s PB Ratio Range Over the Past 10 Years
Min: 2.31 Med: 3.38 Max: 7.73
Current: 2.59
During the past 13 years, Shandong Gold Mining Co's highest PB Ratio was 7.73. The lowest was 2.31. And the median was 3.38.
STU:188H's PB Ratio is ranked worse than 57.69% of 2354
companies
in the Metals & Mining industry
Industry Median: 2.11
vs STU:188H: 2.59
During the past 12 months, Shandong Gold Mining 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 9.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 6.80% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 9.00% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Shandong Gold Mining Co was 59.90% per year. The lowest was 1.10% per year. And the median was 17.50% per year.
Back to Basics: PB Ratio
Shandong Gold Mining Co (STU:188H) 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.
* 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 Gold subindustry, Shandong Gold Mining 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.
Shandong Gold Mining Co PB Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Shandong Gold Mining Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Shandong Gold Mining Co's PB Ratio falls into.
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.
Shandong Gold Mining Co (STU:188H) has a PB Ratio of 1.49 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 Shandong Gold Mining Co and its competitors. This is 56% below median its historical median of 3.38. Over the past decade, Shandong Gold Mining Co's PB Ratio has ranged from 2.31 to 7.73. According to the industry distribution chart, Shandong Gold Mining Co ranks #1358 out of 2354 companies in the Metals & Mining industry, placing it in the top 57.7%.
Is Shandong Gold Mining Co's PB Ratio too high?
Shandong Gold Mining Co's current PB Ratio of 1.49 is 56% below median its 10-year median of 3.38. Over the past 10 years, this metric has ranged from a low of 2.31 to a high of 7.73. The Metals & Mining industry median PB Ratio is 2.11. Shandong Gold Mining Co's value of 1.49 is 29.4% below this industry median. Based on the distribution chart, Shandong Gold Mining Co ranks #1358 out of 2354 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Shandong Gold Mining Co has a GF Score™ of 75/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shandong Gold Mining Co's PB Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Shandong Gold Mining Co ranks #1358 out of 2354 companies for PB Ratio. This places Shandong Gold Mining Co in the lower half of its industry. The industry median PB Ratio is 2.11. Shandong Gold Mining Co's value of 1.49 is 29.4% below this benchmark. Historically, Shandong Gold Mining Co's own PB Ratio has ranged from 2.31 to 7.73 over the past decade. While the company's 10-year median is 3.38 vs. the industry median of 2.11, Shandong Gold Mining Co 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 Metals & Mining company?
The median PB Ratio among Metals & Mining companies is 2.11, based on 2,354 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. Shandong Gold Mining Co's current PB Ratio of 1.49 is 29.4% 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 Shandong Gold Mining Co and its competitors. For the Metals & Mining industry, the median PB Ratio is 2.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shandong Gold Mining Co's current PB Ratio is 1.49, which is 56% below median its own 10-year median of 3.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shandong Gold Mining Co stock overvalued right now?
Based on GuruFocus' analysis, Shandong Gold Mining Co (STU:188H) is currently considered Possible Value Trap. The stock's GF Value™ is €3.45, compared to a current price of €1.87 — trading 45.9% below its estimated fair value. The current PB Ratio is 1.49, which is 56% below median its 10-year median of 3.38 and 29.4% below the Metals & Mining industry median of 2.11. Shandong Gold Mining Co's overall GF Score™ is 75/100 with 3 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 Shandong Gold Mining Co (STU:188H), the current PB Ratio is 1.49 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 Shandong Gold Mining Co (STU:188H) Overvalued in 2026?
Based on GuruFocus' analysis, Shandong Gold Mining Co stock appears to be undervalued.
The current stock price of €1.87 is trading 45.9% below its estimated GF Value™ of €3.45.
GuruFocus considers Shandong Gold Mining Co to be Possible Value Trap.
Key valuation signals for STU:188H:
PB Ratio: 1.49 (56% below median its 10-year median of 3.38)
GF Value™: €3.45 vs. price of €1.87 (45.9% below fair value)
Industry Position: 29.4% below the Metals & Mining median (#1358 of 2354)
No single metric tells the full story. See the STU:188H stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shandong Gold Mining Co Ltd is a China-based company mainly engaged in the exploration, mining, beneficiation, and sales of gold and non-ferrous metals. Additionally, it is involved in the production, processing, and sales of specialized equipment for gold mines and construction and decoration materials. The company's main products include standard gold bullions, investment gold bars, alloy gold, and silver ingots. Its portfolio of gold mines comprises Sanshandao Gold Mine, Jiaojia Gold Mine, Xincheng Gold Mine, Veladero Gold Mine, and Qinghai Dachaidan Mining, among others. The company's reporting segments are: Gold, which derives maximum revenue, Silver metal, Copper metal, Iron ore concentrates, Lead metal, Zinc metal, Purchased gold, Small gold bars, and Others.
75GF Score
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