Ningbo United Group Co (SHSE:600051) ROE % Adjusted to Book Value: 0.90% (As of Mar. 2026)


SHSE:600051 Ningbo United Group Co Ltd SHSE:600051
55 GF Score
Price ¥5.95
GF Value ¥4.27
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Ningbo United Group Co ROE % Adjusted to Book Value?

Ningbo United Group Co SHSE:600051 -1.33% 55 ROE % Adjusted to Book Value is 0.90% as of Mar. 2026. GuruFocus rates SHSE:600051 with a GF Score™ of 55/100 and a GF Value™ of ¥4.27 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Ningbo United Group Co's ROE % for the quarter that ended in Mar. 2026 was 0.63%. Ningbo United Group Co's PB Ratio for the quarter that ended in Mar. 2026 was 0.70. Ningbo United Group Co's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 0.90%.


Ningbo United Group Co ROE % Adjusted to Book Value Related Terms


Ningbo United Group Co ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for Ningbo United Group Co's ROE % Adjusted to Book Value 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 United Group Co ROE % Adjusted to Book Value Chart

Ningbo United Group Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.08 6.51 4.75 4.05 3.61

Ningbo United Group Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Adjusted to Book Value 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 2.70 3.73 5.83 2.94 0.90

SHSE:600051 vs GWW, FAST, FERG: ROE % Adjusted to Book Value Comparison

For the Industrial Distribution subindustry, Ningbo United Group Co's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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 United Group Co ROE % Adjusted to Book Value vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Ningbo United Group Co's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Ningbo United Group Co's ROE % Adjusted to Book Value falls into.


SHSE:600051
55GF Score
Ningbo United Group Co Ltd SHSE:600051
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ningbo United Group Co ROE % Adjusted to Book Value Calculation

Ningbo United Group Co's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=2.49% / 0.69
=3.61%

Ningbo United Group Co's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=0.63% / 0.70
=0.90%

* 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.

What does a ROE % Adjusted to Book Value of 0.90% mean?
Ningbo United Group Co (SHSE:600051) has a ROE % Adjusted to Book Value of 0.90% as of Mar. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Ningbo United Group Co and its competitors.
Is Ningbo United Group Co's ROE % Adjusted to Book Value too high?
Ningbo United Group Co's current ROE % Adjusted to Book Value is 0.90%. Overall, Ningbo United Group Co has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo United Group Co's ROE % Adjusted to Book Value compare to GWW and FAST?
Ningbo United Group Co's ROE % Adjusted to Book Value of 0.90% can be compared against companies in the Industrial Distribution industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for an Industrial Distribution company?
A good ROE % Adjusted to Book Value depends on the Industrial Distribution industry context. However, ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Ningbo United Group Co and its competitors. Ningbo United Group Co's current ROE % Adjusted to Book Value is 0.90%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo United Group Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo United Group Co (SHSE:600051) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥4.27, compared to a current price of ¥5.95 — trading 39.3% above its estimated fair value. The current ROE % Adjusted to Book Value is 0.90%. Ningbo United Group Co's overall GF Score™ is 55/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Ningbo United Group Co (SHSE:600051), the current ROE % Adjusted to Book Value is 0.90% as of Mar. 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 United Group Co (SHSE:600051) Overvalued in 2026?

Based on GuruFocus' analysis, Ningbo United Group Co stock appears to be overvalued. The current stock price of ¥5.95 is trading 39.3% above its estimated GF Value™ of ¥4.27. GuruFocus considers Ningbo United Group Co to be Significantly Overvalued.

Key valuation signals for SHSE:600051:

  • ROE % Adjusted to Book Value: 0.90%
  • GF Value™: ¥4.27 vs. price of ¥5.95 (39.3% above fair value)
  • GF Score™: 55/100 with 7 warning signs

No single metric tells the full story. See the SHSE:600051 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ningbo United Group Co Business Description

Address United Building No. 1 Donghai Road, Economic Development Zone, Zhejiang Province, Ningbo, CHN, 315803
Ningbo United Group Co Ltd is engaged in the development, manufacturing of energy, transportation, communications, municipal infrastructure, environmental protection equipment, instruments, general machinery, and electrical products.
55GF Score

Get the complete analysis for SHSE:600051

ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥5.95
Price
¥4.27
GF Value