Shanghai Pudong Development Bank Co Ltd (600000) fair value: what the stock is really worth
We calculate from audited financials what Shanghai Pudong Development Bank Co Ltd is really worth. The fair value tells you whether the price is too high or too low, the quality score (0 to 100) how solid the business behind it is. 26 models, 37 quality factors, updated daily.
- Fair value above price? Yes
- Good quality? Yes
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Shanghai Pudong Development Bank Co Ltd
600000 · SHGClearly undervaluedStrong Fair Value upside, but quality is only moderate.
What runs behind every stock
69 individual criteria per stock, every one traceable See the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 18, 2026.
How to read this chart
60‑month range ¥6.35 – ¥14.60 · fair‑value band ¥14.36 – ¥20.69 · the ¥9.07 price screens below the ¥18.12 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 18, 2026.
Company profile
Shanghai Pudong Development Bank Co., Ltd., together with its subsidiaries, provides commercial banking products and services in China and internationally.
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Shanghai Pudong Development Bank Co., Ltd., together with its subsidiaries, provides commercial banking products and services in China and internationally. It offers personal banking services, including saving products, premium weekly deposit, and private deposit; leisure banking and oriental debit cards, foreign currency exchange, remittance, and bill payment; wealth management services, such as open-ended funds, special investments, SPDB structured deposits, security investment custody accounts, individual FX trading, collective security investments, and insurance products distribution; deposit treasury bond pledged loans and car mortgages; online payment and consumption; and instant messaging services. The company also provides corporate and investment banking services comprising small and medium enterprises services, offshore banking, and multinational company services; and cash management, trade and supply chain finance solutions, assets custody, and occupational pension. In addition, it offers treasury and market products, which include FX and interest rate risk management; CNY bond and foreign currency securities; gold commodity; and structured products, such as RMB structured, premium, callable interest rate step up, callable fixed interest rate, callable reverse floating rate, callable interest rate linked daily range accrual, and gold price linked daily range accrual deposits, as well as other structured products. The company was founded in 1992 and is headquartered in Shanghai, China.
Stock analysis
Shanghai Pudong Development Bank Co Ltd (600000) currently trades at ¥9.07, while our model-based Fair Value estimate is ¥18.12, implying the stock looks roughly 49.9% undervalued today.
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Valuation
Bull case: the Dividend Discount group reads highest at a median of ¥23.44 per share, and 6 of the 6 models we run sit above the ¥9.07 price.
Bear case: the Asset-Based group reads lowest at ¥16.43, and 0 of the 6 models stay below the price. Evidence for this calculation is high.
Scenario range: ¥14.36 (bear) to ¥20.69 (bull), the price of ¥9.07 sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 61/100 (solid quality), in the Financial Services sector.
Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.
Shanghai Pudong Development Bank Co Ltd reported revenue of 174B CNY in FY2025 versus 355B CNY in FY2021, a compound −16.4%/yr. Reported net income was 50.0B CNY in FY2025, compounding −1.4%/yr from FY2021.
Key figures
Market cap 302B CNY (≈ $45.2B) · P/E ratio 6.4 · P/S ratio 1.84 · EPS (TTM) ¥1.42 · Dividend yield 4.6% · Net margin 28.8% · Return on equity 6.4% · Return on assets (EBIT) 0.6%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 37 out of 100 (medium confidence).
What moves the price
The share trades about 39% below its 52-week high and 4% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −31% fair-value upside, at 100%, 600000 screens cheaper than that median.
Fair Value models
All 6 models by family
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Set up alert →Quality Score breakdown
Of which business quality 62 · Market factors (momentum, volatility) 38
Revenue & earnings trend
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Compare Shanghai Pudong Development Bank Co Ltd with another stock
Price, fair value, quality and upside side by side.
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Banks - Regional · 1073 stocks
Valuation Multiplesvs Banks - Regional median · lower = cheaper
Strength profile in five axes (Snowflake)
Context: sector, industry, market
- Is the Financials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Undervalued stocks: Chinese Stocks
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Banks - Regional stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| DBS Group DBS19 | 20.20 THB | 6.69 THB | −67% |
| China Merchants Bank Co 3968 | HK$51.35 | HK$78.59 | +53% |
| Intesa Sanpaolo S.p.A ISP | €6.74 | €4.04 | −40% |
| HDFC Bank Limited HDB | $23.34 | $15.75 | −33% |
| BNP Paribas SA BNP | €102.32 | €105.99 | +4% |
| UniCredit S.p.A UCG | €82.92 | €77.62 | −6% |
| Mizuho Financial Group MFG | $11.15 | $9.67 | −13% |
| ICICI Bank Limited ICICIBANK | ₹1,359 | ₹636.31 | −53% |
| The PNC Financial Services Group PNC | $231.49 | $159.52 | −31% |
| Oversea-Chinese Banking Corporation O39 | 31.28 SGD | 19.80 SGD | −37% |
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Key figures of Shanghai Pudong Development Bank Co Ltd
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