Zhejiang Meilun Elevator603321.SHValuation Analysis
Based on the blended 10-year P/E and P/B percentiles, the stock currently sits in the “Fair Value Range” zone.
As of Oct 19, 2026, Zhejiang Meilun Elevator (603321.SH) trades at a P/E of 67.00x, P/B of 1.64x, P/S of 3.70x, and a dividend yield of 0.73%.
Longitudinal percentile comparison: P/E sits at the 88th percentile over the trailing 10Y window (vs. 82nd percentile over 3Y); P/B sits at the 8th percentile over the trailing 10Y window (vs. 22nd percentile over 3Y); P/S sits at the 54th percentile over the trailing 10Y window (vs. 44th percentile over 3Y).
Cross-sectional valuation: its P/E ranks at the 66th percentile within its industry and the 70th percentile across the broader market.
Shareholder return highlight: Total Shareholder Yield is 0.73%, ranking at the 38th percentile over the trailing 20Y window.
The P/E and P/B percentiles diverge here, differing by 80.6 points — relying on either metric alone could be misleading. Its P/E percentile is roughly the same whether measured against the industry or the broader market. Shareholder returns here are driven almost entirely by cash dividends, with minimal contribution from buybacks. Zhejiang Meilun Elevator operates in the Machine sector. Data refreshes weekly and is for reference only, not investment advice.
Also listed as: SHA: 603321 · SSE: 603321 · 603321
Want the full picture on whether Zhejiang Meilun Elevator (603321.SH) is under- or over-valued? See the full 3Y / 5Y / 10Y / 20Y P/E, P/B, P/S, Dividend Yield & Total Shareholder Yield percentile matrix and the interactive ECharts trend chart on this page.
Historical Percentiles by Metric
| Metric | Current | Market Percentile | Industry Percentile | 3Y Pctl | 5Y Pctl | 10Y Pctl | 20Y Pctl |
|---|---|---|---|---|---|---|---|
| P/E (TTM) | 67.00 | ||||||
| P/B (MRQ) | 1.64 | ||||||
| P/S (TTM) | 3.70 | ||||||
| Dividend Yield | 0.73% | ||||||
| Buyback + Div Yield | 0.73% |