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What is Hanon Advanced Technology Group Co PB Ratio?
Hanon Advanced Technology Group CoBJSE:920476 84 PB Ratio is 4.90 as of Aug. 27, 2026, which is 95% above its 10-year median of 2.51. GuruFocus rates BJSE:920476 with a GF Score™ of 84/100 and a GF Value™ of ¥17.28 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,413 Hardware companies, Hanon Advanced Technology Group Co ranks worse than 77.29% on this metric.
BJSE:920476's PB Ratio is ranked worse than 77.29% of 2413
companies
in the Hardware industry
Industry Median: 2.3
vs BJSE:920476: 4.90
During the past 12 months, Hanon Advanced Technology Group Co's average Book Value Per Share Growth Rate was 2.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -4.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 3.80% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 4.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Hanon Advanced Technology Group Co was 52.60% per year. The lowest was -10.30% per year. And the median was 8.95% per year.
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Hanon Advanced Technology Group Co PB Ratio Related Terms
Hanon Advanced Technology Group Co PB Ratio Historical Data
* 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.
BJSE:920476 vs COHR, KEYS, GRMN: PB Ratio Comparison
For the Scientific & Technical Instruments subindustry, Hanon Advanced Technology Group Co's PB Ratio, along with its competitors' market caps and 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.
Hanon Advanced Technology Group Co PB Ratio vs Hardware Industry
Hanon Advanced Technology Group Co PB Ratio Calculation
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Hanon Advanced Technology Group Co (BJSE:920476) has a PB Ratio of 4.90 as of Aug. 27, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Hanon Advanced Technology Group Co and its competitors. This is 95% above median its historical median of 2.51. Over the past decade, Hanon Advanced Technology Group Co's PB Ratio has ranged from 1.10 to 5.85. According to the industry distribution chart, Hanon Advanced Technology Group Co ranks #1865 out of 2413 companies in the Hardware industry, placing it in the top 77.3%.
Is Hanon Advanced Technology Group Co's PB Ratio too high?
Hanon Advanced Technology Group Co's current PB Ratio of 4.90 is 95% above median its 10-year median of 2.51. Over the past 10 years, this metric has ranged from a low of 1.10 to a high of 5.85. The Hardware industry median PB Ratio is 2.30. Hanon Advanced Technology Group Co's value of 4.90 is 113% above this industry median. Based on the distribution chart, Hanon Advanced Technology Group Co ranks #1865 out of 2413 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Hanon Advanced Technology Group Co has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hanon Advanced Technology Group Co's PB Ratio compare to COHR and KEYS?
According to the Hardware industry distribution chart, Hanon Advanced Technology Group Co ranks #1865 out of 2413 companies for PB Ratio. This places Hanon Advanced Technology Group Co in the lower half of its industry. The industry median PB Ratio is 2.30. Hanon Advanced Technology Group Co's value of 4.90 is 113% above this benchmark. Historically, Hanon Advanced Technology Group Co's own PB Ratio has ranged from 1.10 to 5.85 over the past decade. While the company's 10-year median is 2.51 vs. the industry median of 2.30, Hanon Advanced Technology Group 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 PB Ratio for a Hardware company?
The median PB Ratio among Hardware companies is 2.30, based on 2,413 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hanon Advanced Technology Group Co's current PB Ratio of 4.90 is 113% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Hanon Advanced Technology Group Co and its competitors. For the Hardware industry, the median PB Ratio is 2.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hanon Advanced Technology Group Co's current PB Ratio is 4.90, which is 95% above median its own 10-year median of 2.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hanon Advanced Technology Group Co stock overvalued right now?
Based on GuruFocus' analysis, Hanon Advanced Technology Group Co (BJSE:920476) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥17.28, compared to a current price of ¥25.94 — trading 50.1% above its estimated fair value. The current PB Ratio is 4.90, which is 95% above median its 10-year median of 2.51 and 113% above the Hardware industry median of 2.30. Hanon Advanced Technology Group Co's overall GF Score™ is 84/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Hanon Advanced Technology Group Co (BJSE:920476), the current PB Ratio is 4.90 as of Aug. 27, 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 Hanon Advanced Technology Group Co (BJSE:920476) Overvalued in 2026?
Based on GuruFocus' analysis, Hanon Advanced Technology Group Co stock appears to be overvalued.
The current stock price of ¥25.94 is trading 50.1% above its estimated GF Value™ of ¥17.28.
GuruFocus considers Hanon Advanced Technology Group Co to be Significantly Overvalued.
Key valuation signals for BJSE:920476:
PB Ratio: 4.90 (95% above median its 10-year median of 2.51)
GF Value™: ¥17.28 vs. price of ¥25.94 (50.1% above fair value)
Industry Position: 113% above the Hardware median (#1865 of 2413)
No single metric tells the full story. See the BJSE:920476 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hanon Advanced Technology Group Co Ltd engages in research and development, production, and sales of experimental analysis instruments. Its product comprises High-Performance Liquid Chromatography, organic element analysis, sample pretreatment, physical optics, electrochemistry, general lab equipment, pumps, and valves.
84GF Score
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