Ningbo Zhongbai Co (SHSE:600857) PE Ratio: 78.97 (As of Jul. 24, 2026) — 22% Above Median

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SHSE:600857 Ningbo Zhongbai Co Ltd SHSE:600857
53 GF Score
Price ¥16.82
GF Value ¥3.36
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Ningbo Zhongbai Co PE Ratio?

Ningbo Zhongbai Co SHSE:600857 53 PE Ratio is 78.97 as of Jul. 24, 2026, which is 22% above its 10-year median of 64.64. GuruFocus rates SHSE:600857 with a GF Score™ of 53/100 and a GF Value™ of ¥3.36 (Significantly Overvalued). The stock has 4 warning signs investors should review.

The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2026-07-24), Ningbo Zhongbai Co's share price is ¥16.82. Ningbo Zhongbai Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ¥0.21. Therefore, Ningbo Zhongbai Co's PE Ratio for today is 78.97.

During the past 13 years, Ningbo Zhongbai Co's highest PE Ratio was 185.67. The lowest was 5.92. And the median was 64.64.

Ningbo Zhongbai Co's EPS (Diluted) for the three months ended in Mar. 2026 was ¥0.09. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ¥0.21.

As of today (2026-07-24), Ningbo Zhongbai Co's share price is ¥16.82. Ningbo Zhongbai Co's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was ¥0.09. Therefore, Ningbo Zhongbai Co's PE Ratio without NRI ratio for today is 186.89.

During the past 13 years, Ningbo Zhongbai Co's highest PE Ratio without NRI was 246.20. The lowest was 6.01. And the median was 74.21.

Ningbo Zhongbai Co's EPS without NRI for the three months ended in Mar. 2026 was ¥0.02. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was ¥0.09.

During the past 12 months, Ningbo Zhongbai Co's average EPS without NRI Growth Rate was 20.00% per year. During the past 3 years, the average EPS without NRI Growth Rate was -18.90% per year. During the past 5 years, the average EPS without NRI Growth Rate was -11.00% per year. During the past 10 years, the average EPS without NRI Growth Rate was -4.70% per year.

During the past 13 years, Ningbo Zhongbai Co's highest 3-Year average EPS without NRI Growth Rate was 194.80% per year. The lowest was -55.40% per year. And the median was -2.90% per year.

Ningbo Zhongbai Co's EPS (Basic) for the three months ended in Mar. 2026 was ¥0.09. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was ¥0.21.

Back to Basics: PE Ratio


Ningbo Zhongbai Co  (SHSE:600857) PE Ratio Explanation

The PE Ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio is positive. Also for stocks with the same PE Ratio, the one with faster growth business is more attractive.

If a company loses money, the PE Ratio becomes meaningless.

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio divided by the growth ratio. He thinks a company with a PE Ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio of 20, instead of a company growing 10% a year with a PE Ratio of 10.

Because the PE Ratio measures how long it takes to earn back the price you pay, the PE Ratio can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio without NRI or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratios are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio.

PE Ratio can also be affected by non-recurring-items such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio.


Ningbo Zhongbai Co PE Ratio Related Terms


Ningbo Zhongbai Co PE Ratio Historical Data

* Premium members only.

The historical data trend for Ningbo Zhongbai Co's PE 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.

Ningbo Zhongbai Co PE Ratio Chart

Ningbo Zhongbai Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 62.88 6.89 34.93 At Loss 91.40

Ningbo Zhongbai Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PE 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 At Loss 114.56 96.44 91.40 55.59

SHSE:600857 vs DDS: PE Ratio Comparison

For the Department Stores subindustry, Ningbo Zhongbai Co's PE Ratio, along with its competitors' market caps and PE 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.


Ningbo Zhongbai Co PE Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Ningbo Zhongbai Co's PE Ratio distribution charts can be found below:

* The bar in red indicates where Ningbo Zhongbai Co's PE Ratio falls into.


SHSE:600857
53GF Score
Ningbo Zhongbai Co Ltd SHSE:600857
PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Ningbo Zhongbai Co PE Ratio Calculation

The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.

Ningbo Zhongbai Co's PE Ratio for today is calculated as

PE Ratio=Share Price/Earnings per Share (Diluted) (TTM)
=16.82/0.213
=78.97

Ningbo Zhongbai Co's Share Price of today is ¥16.82.
Ningbo Zhongbai Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0.21.


* 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:


There are at least three kinds of PE Ratios used by different investors. They are Trailing Twelve Month PE Ratio, Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio based on inflation-adjusted normalized PE Ratio is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the calculation of PE Ratio, the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.

Frequently Asked Questions Learn more about PE Ratio →
What does a PE Ratio of 78.97 mean?
Ningbo Zhongbai Co (SHSE:600857) has a PE Ratio of 78.97 as of Jul. 24, 2026. P/E ratio is the ratio of share price to a company's earnings per share. View historical data on Ningbo Zhongbai Co and its competitors. This is 22% above median its historical median of 64.64. Over the past decade, Ningbo Zhongbai Co's PE Ratio has ranged from 5.92 to 185.67.
Is Ningbo Zhongbai Co's PE Ratio too high?
Ningbo Zhongbai Co's current PE Ratio of 78.97 is 22% above median its 10-year median of 64.64. Over the past 10 years, this metric has ranged from a low of 5.92 to a high of 185.67. Overall, Ningbo Zhongbai Co has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Zhongbai Co's PE Ratio compare to DDS?
Ningbo Zhongbai Co's PE Ratio of 78.97 can be compared against companies in the Retail - Cyclical industry. Historically, Ningbo Zhongbai Co's own PE Ratio has ranged from 5.92 to 185.67 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PE Ratio for a Retail - Cyclical company?
A good PE Ratio depends on the Retail - Cyclical industry context. However, PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PE Ratio mean?
A high PE Ratio can signal that a stock is expensive relative to its fundamentals. P/E ratio is the ratio of share price to a company's earnings per share. View historical data on Ningbo Zhongbai Co and its competitors. Ningbo Zhongbai Co's current PE Ratio is 78.97, which is 22% above median its own 10-year median of 64.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Zhongbai Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Zhongbai Co (SHSE:600857) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥3.36, compared to a current price of ¥16.82 — trading 400.6% above its estimated fair value. The current PE Ratio is 78.97, which is 22% above median its 10-year median of 64.64. Ningbo Zhongbai Co's overall GF Score™ is 53/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PE Ratio calculated?
PE Ratio is calculated from a company's financial statements. For Ningbo Zhongbai Co (SHSE:600857), the current PE Ratio is 78.97 as of Jul. 24, 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 Ningbo Zhongbai Co (SHSE:600857) Overvalued in 2026?

Based on GuruFocus' analysis, Ningbo Zhongbai Co stock appears to be overvalued. The current stock price of ¥16.82 is trading 400.6% above its estimated GF Value™ of ¥3.36. GuruFocus considers Ningbo Zhongbai Co to be Significantly Overvalued.

Key valuation signals for SHSE:600857:

  • PE Ratio: 78.97 (22% above median its 10-year median of 64.64)
  • GF Value™: ¥3.36 vs. price of ¥16.82 (400.6% above fair value)
  • GF Score™: 53/100 with 4 warning signs

No single metric tells the full story. See the SHSE:600857 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ningbo Zhongbai Co Business Description

Address No. 77, Heyi Road, 21st Floor, Haishu District, Zhejiang Province, Ningbo, CHN, 315000
Ningbo Zhongbai Co Ltd is engaged in wholesale and retail of commercial department stores. The company's business scope includes gold, jewelry, needle textiles, clothing, cosmetics, luggage, shoes and hats, daily necessities, handicrafts, toys, culture, sporting goods and equipment, machinery and equipment, hardware, household appliances, electronic products, communication equipment, construction and decoration materials, furniture wholesale, and others.
53GF Score

Get the complete analysis for SHSE:600857

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

¥16.82
Price
¥3.36
GF Value