Shinpoong Pharmaceutical Co (XKRX:019170) PB Ratio: 1.87 (As of Sep. 15, 2026) — 16% Below Median

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Founder & CEO of GuruFocus
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XKRX:019170 Shinpoong Pharmaceutical Co Ltd XKRX:019170
65 GF Score
Price ₩9,970.00
GF Value ₩11,211.69
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Shinpoong Pharmaceutical Co PB Ratio?

Shinpoong Pharmaceutical Co XKRX:019170 -0.99% 65 PB Ratio is 1.87 as of Sep. 15, 2026, which is 16% below its 10-year median of 2.23. GuruFocus rates XKRX:019170 with a GF Score™ of 65/100 and a GF Value™ of ₩11,211.69 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 922 Drug Manufacturers companies, Shinpoong Pharmaceutical Co ranks better than 50.98% on this metric.

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. As of today (2026-09-15), Shinpoong Pharmaceutical Co's share price is ₩9970.00. Shinpoong Pharmaceutical Co's Book Value per Share for the quarter that ended in Jun. 2026 was ₩5,339.24. Hence, Shinpoong Pharmaceutical Co's PB Ratio of today is 1.87.

The historical rank and industry rank for Shinpoong Pharmaceutical Co's PB Ratio or its related term are showing as below:

XKRX:019170' s PB Ratio Range Over the Past 10 Years
Min: 1.06   Med: 2.23   Max: 44.87
Current: 1.87

During the past 13 years, Shinpoong Pharmaceutical Co's highest PB Ratio was 44.87. The lowest was 1.06. And the median was 2.23.

XKRX:019170's PB Ratio is ranked better than
50.98% of 922 companies
in the Drug Manufacturers industry
Industry Median: 1.925 vs XKRX:019170: 1.87

During the past 12 months, Shinpoong Pharmaceutical Co's average Book Value Per Share Growth Rate was 3.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -8.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -8.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 2.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Shinpoong Pharmaceutical Co was 19.70% per year. The lowest was -10.80% per year. And the median was 1.40% per year.

Back to Basics: PB Ratio


Shinpoong Pharmaceutical Co  (XKRX:019170) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.


Shinpoong Pharmaceutical Co PB Ratio Related Terms


Shinpoong Pharmaceutical Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Shinpoong Pharmaceutical Co's PB Ratio can be seen below:

* 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.

Shinpoong Pharmaceutical Co PB Ratio Chart

Shinpoong Pharmaceutical Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.55 3.28 2.56 2.05 2.66

Shinpoong Pharmaceutical Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.05 2.59 2.66 1.90 1.63

XKRX:019170 vs ZTS: PB Ratio Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Shinpoong Pharmaceutical 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.


Shinpoong Pharmaceutical Co PB Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Shinpoong Pharmaceutical Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Shinpoong Pharmaceutical Co's PB Ratio falls into.


XKRX:019170
65GF Score
Shinpoong Pharmaceutical Co Ltd XKRX:019170
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shinpoong Pharmaceutical 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.

Shinpoong Pharmaceutical Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2026)
=9970.00/5339.237
=1.87

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 1.87 mean?
Shinpoong Pharmaceutical Co (XKRX:019170) has a PB Ratio of 1.87 as of Sep. 15, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Shinpoong Pharmaceutical Co and its competitors. This is 16% below median its historical median of 2.23. Over the past decade, Shinpoong Pharmaceutical Co's PB Ratio has ranged from 1.06 to 44.87. According to the industry distribution chart, Shinpoong Pharmaceutical Co ranks #452 out of 922 companies in the Drug Manufacturers industry, placing it in the top 49%.
Is Shinpoong Pharmaceutical Co's PB Ratio too high?
Shinpoong Pharmaceutical Co's current PB Ratio of 1.87 is 16% below median its 10-year median of 2.23. Over the past 10 years, this metric has ranged from a low of 1.06 to a high of 44.87. The Drug Manufacturers industry median PB Ratio is 1.93. Shinpoong Pharmaceutical Co's value of 1.87 is 2.9% below this industry median. Based on the distribution chart, Shinpoong Pharmaceutical Co ranks #452 out of 922 companies in the Drug Manufacturers industry, which is above the industry midpoint. Overall, Shinpoong Pharmaceutical Co has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shinpoong Pharmaceutical Co's PB Ratio compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Shinpoong Pharmaceutical Co ranks #452 out of 922 companies for PB Ratio. This puts Shinpoong Pharmaceutical Co in the upper half of its industry. The industry median PB Ratio is 1.93. Shinpoong Pharmaceutical Co's value of 1.87 is 2.9% below this benchmark. Historically, Shinpoong Pharmaceutical Co's own PB Ratio has ranged from 1.06 to 44.87 over the past decade. While the company's 10-year median is 2.23 vs. the industry median of 1.93, Shinpoong Pharmaceutical 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 Drug Manufacturers company?
The median PB Ratio among Drug Manufacturers companies is 1.93, based on 922 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. Shinpoong Pharmaceutical Co's current PB Ratio of 1.87 is 2.9% 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 Shinpoong Pharmaceutical Co and its competitors. For the Drug Manufacturers industry, the median PB Ratio is 1.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shinpoong Pharmaceutical Co's current PB Ratio is 1.87, which is 16% below median its own 10-year median of 2.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shinpoong Pharmaceutical Co stock overvalued right now?
Based on GuruFocus' analysis, Shinpoong Pharmaceutical Co (XKRX:019170) is currently considered Modestly Undervalued. The stock's GF Value™ is ₩11,211.69, compared to a current price of ₩9,970.00 — trading 11.1% below its estimated fair value. The current PB Ratio is 1.87, which is 16% below median its 10-year median of 2.23 and 2.9% below the Drug Manufacturers industry median of 1.93. Shinpoong Pharmaceutical Co's overall GF Score™ is 65/100 with 1 warning sign 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 Shinpoong Pharmaceutical Co (XKRX:019170), the current PB Ratio is 1.87 as of Sep. 15, 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 Shinpoong Pharmaceutical Co (XKRX:019170) Overvalued in 2026?

Based on GuruFocus' analysis, Shinpoong Pharmaceutical Co stock appears to be undervalued. The current stock price of ₩9,970.00 is trading 11.1% below its estimated GF Value™ of ₩11,211.69. GuruFocus considers Shinpoong Pharmaceutical Co to be Modestly Undervalued.

Key valuation signals for XKRX:019170:

  • PB Ratio: 1.87 (16% below median its 10-year median of 2.23)
  • GF Value™: ₩11,211.69 vs. price of ₩9,970.00 (11.1% below fair value)
  • GF Score™: 65/100 with 1 warning sign
  • Industry Position: 2.9% below the Drug Manufacturers median (#452 of 922)

No single metric tells the full story. See the XKRX:019170 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shinpoong Pharmaceutical Co Business Description

Other Exchanges 019175:Korea
Address 161, Yeoksam-ro, Gangnam-gu, Seoul, KOR, 06246
Shinpoong Pharmaceutical Co Ltd specializes in manufacturing remedy drugs and also active pharmaceutical ingredients and finished products. Its products include Newsicam, Caravenal, Roxagen, Clamoxin duo, Ceroxim, and Clocin. The firm's production facilities are located at Gyeonggi-do and Cheongwon-gun.
65GF Score

Get the complete analysis for XKRX:019170

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₩9,970.00
Price
₩11,211.69
GF Value