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Changzhou Tonghui Electronic CoBJSE:920509 90 PB Ratio is 9.06 as of Sep. 13, 2026, which is 77% above its 10-year median of 5.12. GuruFocus rates BJSE:920509 with a GF Score™ of 90/100 and a GF Value™ of ¥24.84 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 2,409 Hardware companies, Changzhou Tonghui Electronic Co ranks worse than 89.71% on this metric.
Changzhou Tonghui Electronic Co Ltd stock PB Ratio (=9.06) is close to 1-year low of 8.31.
The historical rank and industry rank for Changzhou Tonghui Electronic Co's PB Ratio or its related term are showing as below:
BJSE:920509'
s PB Ratio Range Over the Past 10 Years
Min: 2.47 Med: 5.12 Max: 20.26
Current: 9.06
During the past 13 years, Changzhou Tonghui Electronic Co's highest PB Ratio was 20.26. The lowest was 2.47. And the median was 5.12.
BJSE:920509's PB Ratio is ranked worse than 89.71% of 2409
companies
in the Hardware industry
Industry Median: 2.29
vs BJSE:920509: 9.06
During the past 12 months, Changzhou Tonghui Electronic Co's average Book Value Per Share Growth Rate was 7.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 4.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 5.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 4.50% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Changzhou Tonghui Electronic Co was 23.70% per year. The lowest was -18.50% per year. And the median was 6.20% 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.
Changzhou Tonghui Electronic Co PB Ratio Related Terms
Changzhou Tonghui Electronic 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:920509 vs GRMN, COHR, KEYS: PB Ratio Comparison
For the Scientific & Technical Instruments subindustry, Changzhou Tonghui Electronic 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.
Changzhou Tonghui Electronic Co PB Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Changzhou Tonghui Electronic Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Changzhou Tonghui Electronic Co's PB Ratio falls into.
Changzhou Tonghui Electronic 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.
Changzhou Tonghui Electronic Co (BJSE:920509) has a PB Ratio of 9.06 as of Sep. 13, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Changzhou Tonghui Electronic Co and its competitors. This is 77% above median its historical median of 5.12. Over the past decade, Changzhou Tonghui Electronic Co's PB Ratio has ranged from 2.47 to 20.26. According to the industry distribution chart, Changzhou Tonghui Electronic Co ranks #2161 out of 2409 companies in the Hardware industry, placing it in the top 89.7%.
Is Changzhou Tonghui Electronic Co's PB Ratio too high?
Changzhou Tonghui Electronic Co's current PB Ratio of 9.06 is 77% above median its 10-year median of 5.12. Over the past 10 years, this metric has ranged from a low of 2.47 to a high of 20.26. The Hardware industry median PB Ratio is 2.29. Changzhou Tonghui Electronic Co's value of 9.06 is 295.6% above this industry median. Based on the distribution chart, Changzhou Tonghui Electronic Co ranks #2161 out of 2409 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Changzhou Tonghui Electronic Co has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Changzhou Tonghui Electronic Co's PB Ratio compare to GRMN and COHR?
According to the Hardware industry distribution chart, Changzhou Tonghui Electronic Co ranks #2161 out of 2409 companies for PB Ratio. This places Changzhou Tonghui Electronic Co in the lower half of its industry. The industry median PB Ratio is 2.29. Changzhou Tonghui Electronic Co's value of 9.06 is 295.6% above this benchmark. Historically, Changzhou Tonghui Electronic Co's own PB Ratio has ranged from 2.47 to 20.26 over the past decade. While the company's 10-year median is 5.12 vs. the industry median of 2.29, Changzhou Tonghui Electronic 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 2.29, based on 2,409 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. Changzhou Tonghui Electronic Co's current PB Ratio of 9.06 is 295.6% 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 Changzhou Tonghui Electronic Co and its competitors. For the Hardware industry, the median PB Ratio is 2.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Changzhou Tonghui Electronic Co's current PB Ratio is 9.06, which is 77% above median its own 10-year median of 5.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Changzhou Tonghui Electronic Co stock overvalued right now?
Based on GuruFocus' analysis, Changzhou Tonghui Electronic Co (BJSE:920509) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥24.84, compared to a current price of ¥20.04 — trading 19.3% below its estimated fair value. The current PB Ratio is 9.06, which is 77% above median its 10-year median of 5.12 and 295.6% above the Hardware industry median of 2.29. Changzhou Tonghui Electronic Co's overall GF Score™ is 90/100 with 1 warning sign 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 Changzhou Tonghui Electronic Co (BJSE:920509), the current PB Ratio is 9.06 as of Sep. 13, 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 Changzhou Tonghui Electronic Co (BJSE:920509) Overvalued in 2026?
Based on GuruFocus' analysis, Changzhou Tonghui Electronic Co stock appears to be undervalued.
The current stock price of ¥20.04 is trading 19.3% below its estimated GF Value™ of ¥24.84.
GuruFocus considers Changzhou Tonghui Electronic Co to be Modestly Undervalued.
Key valuation signals for BJSE:920509:
PB Ratio: 9.06 (77% above median its 10-year median of 5.12)
GF Value™: ¥24.84 vs. price of ¥20.04 (19.3% below fair value)
Industry Position: 295.6% above the Hardware median (#2161 of 2409)
No single metric tells the full story. See the BJSE:920509 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Changzhou Tonghui Electronic Co Ltd operates as a manufacturer of electronic test and measurement instruments. Its product categories include Component Parameter Tester, Micro Signal Type Tester, Power Electronic Tester, Electrical Safety Tester, Cable Tester, and Accessories.
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