Changyuan Technology Group (SHSE:600525) PB Ratio: 2.40 (As of Aug. 10, 2026) — 45% Above Median

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SHSE:600525 Changyuan Technology Group Ltd SHSE:600525
52 GF Score
Price ¥5.11
GF Value ¥4.74
Valuation Fairly Valued
! 7 Warning Signs
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What is Changyuan Technology Group PB Ratio?

Changyuan Technology Group SHSE:600525 +0.39% 52 PB Ratio is 2.40 as of Aug. 10, 2026, which is 45% above its 10-year median of 1.66. GuruFocus rates SHSE:600525 with a GF Score™ of 52/100 and a GF Value™ of ¥4.74 (Fairly Valued). The stock has 7 warning signs investors should review. Among 2,973 Industrial Products companies, Changyuan Technology Group ranks worse than 53.41% on this metric.

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. As of today (2026-08-10), Changyuan Technology Group's share price is ¥5.11. Changyuan Technology Group's Book Value per Share for the quarter that ended in Mar. 2026 was ¥2.13. Hence, Changyuan Technology Group's PB Ratio of today is 2.40.

Warning Sign:

Changyuan Technology Group Ltd stock PB Ratio (=2.39) is close to 5-year high of 2.64.

The historical rank and industry rank for Changyuan Technology Group's PB Ratio or its related term are showing as below:

SHSE:600525' s PB Ratio Range Over the Past 10 Years
Min: 0.68   Med: 1.66   Max: 4.03
Current: 2.4

During the past 13 years, Changyuan Technology Group's highest PB Ratio was 4.03. The lowest was 0.68. And the median was 1.66.

SHSE:600525's PB Ratio is ranked worse than
53.41% of 2973 companies
in the Industrial Products industry
Industry Median: 2.19 vs SHSE:600525: 2.40

During the past 12 months, Changyuan Technology Group's average Book Value Per Share Growth Rate was -25.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -16.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -6.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -5.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Changyuan Technology Group was 42.60% per year. The lowest was -16.30% per year. And the median was 13.20% per year.

Back to Basics: PB Ratio


Changyuan Technology Group  (SHSE:600525) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.


Changyuan Technology Group PB Ratio Related Terms


Changyuan Technology Group PB Ratio Historical Data

* Premium members only.

The historical data trend for Changyuan Technology Group's 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.

Changyuan Technology Group PB Ratio Chart

Changyuan Technology Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.93 1.29 1.40 1.66 1.66

Changyuan Technology Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.38 1.26 1.29 1.66 2.58

SHSE:600525 vs GEV, ETN, PH: PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Changyuan Technology Group'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.


Changyuan Technology Group PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Changyuan Technology Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where Changyuan Technology Group's PB Ratio falls into.


SHSE:600525
52GF Score
Changyuan Technology Group Ltd SHSE:600525
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Changyuan Technology Group 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.

Changyuan Technology Group's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=5.11/2.131
=2.40

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 2.40 mean?
Changyuan Technology Group (SHSE:600525) has a PB Ratio of 2.40 as of Aug. 10, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Changyuan Technology Group and its competitors. This is 45% above median its historical median of 1.66. Over the past decade, Changyuan Technology Group's PB Ratio has ranged from 0.68 to 4.03. According to the industry distribution chart, Changyuan Technology Group ranks #1588 out of 2973 companies in the Industrial Products industry, placing it in the top 53.4%.
Is Changyuan Technology Group's PB Ratio too high?
Changyuan Technology Group's current PB Ratio of 2.40 is 45% above median its 10-year median of 1.66. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 4.03. The Industrial Products industry median PB Ratio is 2.19. Changyuan Technology Group's value of 2.40 is 9.6% above this industry median. Based on the distribution chart, Changyuan Technology Group ranks #1588 out of 2973 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Changyuan Technology Group has a GF Score™ of 52/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Changyuan Technology Group's PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Changyuan Technology Group ranks #1588 out of 2973 companies for PB Ratio. This places Changyuan Technology Group in the lower half of its industry. The industry median PB Ratio is 2.19. Changyuan Technology Group's value of 2.40 is 9.6% above this benchmark. Historically, Changyuan Technology Group's own PB Ratio has ranged from 0.68 to 4.03 over the past decade. While the company's 10-year median is 1.66 vs. the industry median of 2.19, Changyuan Technology Group 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 an Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.19, based on 2,973 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. Changyuan Technology Group's current PB Ratio of 2.40 is 9.6% 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 Changyuan Technology Group and its competitors. For the Industrial Products industry, the median PB Ratio is 2.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Changyuan Technology Group's current PB Ratio is 2.40, which is 45% above median its own 10-year median of 1.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Changyuan Technology Group stock overvalued right now?
Based on GuruFocus' analysis, Changyuan Technology Group (SHSE:600525) is currently considered Fairly Valued. The stock's GF Value™ is ¥4.74, compared to a current price of ¥5.11 — trading 7.8% above its estimated fair value. The current PB Ratio is 2.40, which is 45% above median its 10-year median of 1.66 and 9.6% above the Industrial Products industry median of 2.19. Changyuan Technology Group's overall GF Score™ is 52/100 with 7 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 Changyuan Technology Group (SHSE:600525), the current PB Ratio is 2.40 as of Aug. 10, 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 Changyuan Technology Group (SHSE:600525) Overvalued in 2026?

Based on GuruFocus' analysis, Changyuan Technology Group stock appears to be overvalued. The current stock price of ¥5.11 is trading 7.8% above its estimated GF Value™ of ¥4.74. GuruFocus considers Changyuan Technology Group to be Fairly Valued.

Key valuation signals for SHSE:600525:

  • PB Ratio: 2.40 (45% above median its 10-year median of 1.66)
  • GF Value™: ¥4.74 vs. price of ¥5.11 (7.8% above fair value)
  • GF Score™: 52/100 with 7 warning signs
  • Industry Position: 9.6% above the Industrial Products median (#1588 of 2973)

No single metric tells the full story. See the SHSE:600525 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Changyuan Technology Group Business Description

Address Keyuan Middle Road, Changyuan New Materials Port, Building F, 5th Floor, Nanshan District and High-tech Zone, Guangdong Province, Shenzhen, Guangdong, CHN, 518057
Changyuan Technology Group Ltd specializes in the research, development, and manufacturing of intelligent digitalization of industrial and power systems. The company has two product series namely, test systems and automation equipment, providing comprehensive solutions for the electronics, automotive, medical, new energy, clothing, lighting, and other industries. The product portfolio includes power grid protection and automation, smart primary equipment, composite insulators, chip packaging equipment solutions, clothing intelligent equipment, and other products.
52GF Score

Get the complete analysis for SHSE:600525

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

¥5.11
Price
¥4.74
GF Value