Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. WebRAY Tech Group's Dividend Payout Ratio for the
months ended in Mar. 2026 was 0.00.
The historical rank and industry rank for WebRAY Tech Group's Dividend Payout Ratio or its related term are showing as below:
During the past 12 years, the highest Dividend Payout Ratio of WebRAY Tech Group was 2.93. The lowest was 2.93. And the median was 2.93.
SHSE:688651's Dividend Payout Ratio is not ranked *
in the Software industry.
Industry Median: 0.4 * Ranked among companies with meaningful Dividend Payout Ratio only.
During the past 12 months, WebRAY Tech Group's average Dividends Per Share Growth Rate was -100.00% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
WebRAY Tech Group (SHSE:688651) Dividend Payout Ratio Explanation
In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
WebRAY Tech Group Dividend Payout Ratio Related Terms
WebRAY Tech Group Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for WebRAY Tech Group's Dividend Payout 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.
SHSE:688651 vs MSFT, ORCL, PLTR: Dividend Payout Ratio Comparison
For the Software - Infrastructure subindustry, WebRAY Tech Group's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout 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.
WebRAY Tech Group Dividend Payout Ratio vs Software Industry
For the Software industry and Technology sector, WebRAY Tech Group's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where WebRAY Tech Group's Dividend Payout Ratio falls into.
WebRAY Tech Group Dividend Payout Ratio Calculation
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.
WebRAY Tech Group's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
WebRAY Tech Group (SHSE:688651) has a Dividend Payout Ratio of 0.00 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on WebRAY Tech Group and its competitors. Over the past decade, WebRAY Tech Group's Dividend Payout Ratio has ranged from 2.93 to 2.93. According to the industry distribution chart, WebRAY Tech Group ranks #999999 out of 873 companies in the Software industry.
Is WebRAY Tech Group's Dividend Payout Ratio too high?
WebRAY Tech Group's current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 2.93 to a high of 2.93. Based on the distribution chart, WebRAY Tech Group ranks #999999 out of 873 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, WebRAY Tech Group has a GF Score™ of 80/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does WebRAY Tech Group's Dividend Payout Ratio compare to MSFT and ORCL?
According to the Software industry distribution chart, WebRAY Tech Group ranks #999999 out of 873 companies for Dividend Payout Ratio. This places WebRAY Tech Group in the lower half of its industry. The industry median Dividend Payout Ratio is 0.40. Historically, WebRAY Tech Group's own Dividend Payout Ratio has ranged from 2.93 to 2.93 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 Dividend Payout Ratio for a Software company?
The median Dividend Payout Ratio among Software companies is 0.40, based on 873 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout 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 Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on WebRAY Tech Group and its competitors. For the Software industry, the median Dividend Payout Ratio is 0.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WebRAY Tech Group's current Dividend Payout Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WebRAY Tech Group stock overvalued right now?
Based on GuruFocus' analysis, WebRAY Tech Group (SHSE:688651) is currently considered Possible Value Trap. The stock's GF Value™ is ¥30.24, compared to a current price of ¥20.11 — trading 33.5% below its estimated fair value. The current Dividend Payout Ratio is 0.00. WebRAY Tech Group's overall GF Score™ is 80/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For WebRAY Tech Group (SHSE:688651), the current Dividend Payout Ratio is 0.00 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 WebRAY Tech Group (SHSE:688651) Overvalued in 2026?
Based on GuruFocus' analysis, WebRAY Tech Group stock appears to be undervalued.
The current stock price of ¥20.11 is trading 33.5% below its estimated GF Value™ of ¥30.24.
GuruFocus considers WebRAY Tech Group to be Possible Value Trap.
Key valuation signals for SHSE:688651:
Dividend Payout Ratio: 0.00
GF Value™: ¥30.24 vs. price of ¥20.11 (33.5% below fair value)
No single metric tells the full story. See the SHSE:688651 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
WebRAY Tech Group Inc is engaged in Research and development, production and sales of network security products. The company is focused on the field of cyberspace security, with the mission of making cyberspace more orderly, providing customers with basic network security, business scene security, and cyberspace map security products and services.
80GF Score
Get the complete analysis for SHSE:688651
Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:688651 has been successfully added to your 
