Guangdong Ellington Electronics Technology Co (SHSE:603328) Cyclically Adjusted PB Ratio: 2.49 (As of Sep. 04, 2026) — 37% Above Median

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SHSE:603328 Guangdong Ellington Electronics Technology Co Ltd SHSE:603328
80 GF Score
Price ¥10.48
GF Value ¥11.22
Valuation Fairly Valued
! 4 Warning Signs
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What is Guangdong Ellington Electronics Technology Co Cyclically Adjusted PB Ratio?

Guangdong Ellington Electronics Technology Co SHSE:603328 -2.15% 80 Cyclically Adjusted PB Ratio is 2.49 as of Sep. 04, 2026, which is 37% above its 10-year median of 1.82. GuruFocus rates SHSE:603328 with a GF Score™ of 80/100 and a GF Value™ of ¥11.22 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,930 Hardware companies, Guangdong Ellington Electronics Technology Co ranks worse than 57.15% on this metric.

As of today (2026-09-04), Guangdong Ellington Electronics Technology Co's current share price is ¥10.48. Guangdong Ellington Electronics Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ¥4.21. Guangdong Ellington Electronics Technology Co's Cyclically Adjusted PB Ratio for today is 2.49.

The historical rank and industry rank for Guangdong Ellington Electronics Technology Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:603328' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.32   Med: 1.82   Max: 3.57
Current: 2.49

During the past years, Guangdong Ellington Electronics Technology Co's highest Cyclically Adjusted PB Ratio was 3.57. The lowest was 1.32. And the median was 1.82.

SHSE:603328's Cyclically Adjusted PB Ratio is ranked worse than
57.15% of 1930 companies
in the Hardware industry
Industry Median: 2.08 vs SHSE:603328: 2.49

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Guangdong Ellington Electronics Technology Co's adjusted book value per share data for the three months ended in Jun. 2026 was ¥4.225. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is ¥4.21 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Guangdong Ellington Electronics Technology Co  (SHSE:603328) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Guangdong Ellington Electronics Technology Co Cyclically Adjusted PB Ratio Related Terms


Guangdong Ellington Electronics Technology Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Guangdong Ellington Electronics Technology Co's Cyclically Adjusted 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.

Guangdong Ellington Electronics Technology Co Cyclically Adjusted PB Ratio Chart

Guangdong Ellington Electronics Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.92 1.49 1.90 2.31 2.58

Guangdong Ellington Electronics Technology Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted 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 2.31 2.77 2.58 2.61 2.98

SHSE:603328 vs APH, GLW, TEL: Cyclically Adjusted PB Ratio Comparison

For the Electronic Components subindustry, Guangdong Ellington Electronics Technology Co's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted 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.


Guangdong Ellington Electronics Technology Co Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Guangdong Ellington Electronics Technology Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Guangdong Ellington Electronics Technology Co's Cyclically Adjusted PB Ratio falls into.


SHSE:603328
80GF Score
Guangdong Ellington Electronics Technology Co Ltd SHSE:603328
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Guangdong Ellington Electronics Technology Co Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Guangdong Ellington Electronics Technology Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.48/4.21
=2.49

* 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.

Guangdong Ellington Electronics Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Guangdong Ellington Electronics Technology Co's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=4.225/116.0564*116.0564
=4.225

Current CPI (Jun. 2026) = 116.0564.

Guangdong Ellington Electronics Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 4.580 102.400 5.191
201612 4.762 102.600 5.387
201703 4.889 103.200 5.498
201706 4.537 103.100 5.107
201709 4.502 104.100 5.019
201712 4.643 104.500 5.156
201803 4.733 105.300 5.216
201806 4.935 104.900 5.460
201809 4.302 106.600 4.684
201812 4.478 106.500 4.880
201903 4.595 107.700 4.952
201906 4.765 107.700 5.135
201909 3.495 109.800 3.694
201912 3.573 111.200 3.729
202003 3.661 112.300 3.783
202006 3.697 110.400 3.886
202009 3.419 111.700 3.552
202012 3.325 111.500 3.461
202103 3.356 112.662 3.457
202106 3.299 111.769 3.426
202109 3.342 112.215 3.456
202112 3.374 113.108 3.462
202203 3.412 114.335 3.463
202206 3.499 114.558 3.545
202209 3.537 115.339 3.559
202212 3.581 115.116 3.610
202303 3.656 115.116 3.686
202306 3.770 114.558 3.819
202309 3.736 115.339 3.759
202312 3.791 114.781 3.833
202403 3.896 115.227 3.924
202406 3.859 114.781 3.902
202409 3.966 115.785 3.975
202412 4.040 114.893 4.081
202503 4.157 115.116 4.191
202506 4.305 114.907 4.348
202509 4.217 115.471 4.238
202512 4.322 115.832 4.330
202603 4.335 116.303 4.326
202606 4.225 116.056 4.225

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PB Ratio of 2.49 mean?
Guangdong Ellington Electronics Technology Co (SHSE:603328) has a Cyclically Adjusted PB Ratio of 2.49 as of Sep. 04, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Guangdong Ellington Electronics Technology Co and its competitors. This is 37% above median its historical median of 1.82. Over the past decade, Guangdong Ellington Electronics Technology Co's Cyclically Adjusted PB Ratio has ranged from 1.32 to 3.57. According to the industry distribution chart, Guangdong Ellington Electronics Technology Co ranks #1103 out of 1930 companies in the Hardware industry, placing it in the top 57.2%.
Is Guangdong Ellington Electronics Technology Co's Cyclically Adjusted PB Ratio too high?
Guangdong Ellington Electronics Technology Co's current Cyclically Adjusted PB Ratio of 2.49 is 37% above median its 10-year median of 1.82. Over the past 10 years, this metric has ranged from a low of 1.32 to a high of 3.57. The Hardware industry median Cyclically Adjusted PB Ratio is 2.08. Guangdong Ellington Electronics Technology Co's value of 2.49 is 19.7% above this industry median. Based on the distribution chart, Guangdong Ellington Electronics Technology Co ranks #1103 out of 1930 companies in the Hardware industry, which is below the industry midpoint. Overall, Guangdong Ellington Electronics Technology Co has a GF Scoreâ„¢ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Guangdong Ellington Electronics Technology Co's Cyclically Adjusted PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Guangdong Ellington Electronics Technology Co ranks #1103 out of 1930 companies for Cyclically Adjusted PB Ratio. This places Guangdong Ellington Electronics Technology Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.08. Guangdong Ellington Electronics Technology Co's value of 2.49 is 19.7% above this benchmark. Historically, Guangdong Ellington Electronics Technology Co's own Cyclically Adjusted PB Ratio has ranged from 1.32 to 3.57 over the past decade. While the company's 10-year median is 1.82 vs. the industry median of 2.08, Guangdong Ellington Electronics Technology Co has consistently been above 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 Cyclically Adjusted PB Ratio for a Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.08, based on 1,930 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Guangdong Ellington Electronics Technology Co's current Cyclically Adjusted PB Ratio of 2.49 is 19.7% above 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 Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Guangdong Ellington Electronics Technology Co and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Guangdong Ellington Electronics Technology Co's current Cyclically Adjusted PB Ratio is 2.49, which is 37% above median its own 10-year median of 1.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guangdong Ellington Electronics Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Guangdong Ellington Electronics Technology Co (SHSE:603328) is currently considered Fairly Valued. The stock's GF Value™ is ¥11.22, compared to a current price of ¥10.48 — trading 6.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.49, which is 37% above median its 10-year median of 1.82 and 19.7% above the Hardware industry median of 2.08. Guangdong Ellington Electronics Technology Co's overall GF Score™ is 80/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Guangdong Ellington Electronics Technology Co (SHSE:603328), the current Cyclically Adjusted PB Ratio is 2.49 as of Sep. 04, 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 Guangdong Ellington Electronics Technology Co (SHSE:603328) Overvalued in 2026?

Based on GuruFocus' analysis, Guangdong Ellington Electronics Technology Co stock appears to be undervalued. The current stock price of Â¥10.48 is trading 6.6% below its estimated GF Value™ of Â¥11.22. GuruFocus considers Guangdong Ellington Electronics Technology Co to be Fairly Valued.

Key valuation signals for SHSE:603328:

  • Cyclically Adjusted PB Ratio: 2.49 (37% above median its 10-year median of 1.82)
  • GF Value™: Â¥11.22 vs. price of Â¥10.48 (6.6% below fair value)
  • GF Score™: 80/100 with 4 warning signs
  • Industry Position: 19.7% above the Hardware median (#1103 of 1930)

No single metric tells the full story. See the SHSE:603328 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Guangdong Ellington Electronics Technology Co Business Description

Address 88 Gaoping Industrial Zone, Sanjiao town, Guang dong province, Zhongshan, CHN
Guangdong Ellington Electronics Technology Co Ltd is a Chinese manufacturer and seller of printed circuit board (PCB). It offers high precision and high density double-sided and multi-layered PCBs. The products of the company are used in computers and computer peripherals, consumer electronics, communications product, industrial control, automotive electronics, medical instruction, and others. The company sells its products in China, and also exports it to the other international countries.
80GF Score

Get the complete analysis for SHSE:603328

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

Â¥10.48
Price
Â¥11.22
GF Value