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Sanan Optoelectronics Co Ltd stock PB Ratio (=1.75) is close to 1-year low of 1.67.
The historical rank and industry rank for Sanan Optoelectronics Co's PB Ratio or its related term are showing as below:
SHSE:600703'
s PB Ratio Range Over the Past 10 Years
Min: 1.32 Med: 2.96 Max: 6.37
Current: 1.75
During the past 13 years, Sanan Optoelectronics Co's highest PB Ratio was 6.37. The lowest was 1.32. And the median was 2.96.
SHSE:600703's PB Ratio is ranked better than 68.37% of 999
companies
in the Semiconductors industry
Industry Median: 2.84
vs SHSE:600703: 1.75
During the past 12 months, Sanan Optoelectronics Co's average Book Value Per Share Growth Rate was -5.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -2.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 1.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 7.00% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Sanan Optoelectronics Co was 106.80% per year. The lowest was -34.40% per year. And the median was 10.40% 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.
* 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:600703 vs NVDA, AVGO, MU: PB Ratio Comparison
For the Semiconductors subindustry, Sanan Optoelectronics 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.
Sanan Optoelectronics Co PB Ratio vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Sanan Optoelectronics Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Sanan Optoelectronics Co's PB Ratio falls into.
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.
Sanan Optoelectronics Co (SHSE:600703) has a PB Ratio of 1.75 as of Aug. 01, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Sanan Optoelectronics Co and its competitors. This is 41% below median its historical median of 2.96. Over the past decade, Sanan Optoelectronics Co's PB Ratio has ranged from 1.32 to 6.37. According to the industry distribution chart, Sanan Optoelectronics Co ranks #316 out of 999 companies in the Semiconductors industry, placing it in the top 31.6%.
Is Sanan Optoelectronics Co's PB Ratio too high?
Sanan Optoelectronics Co's current PB Ratio of 1.75 is 41% below median its 10-year median of 2.96. Over the past 10 years, this metric has ranged from a low of 1.32 to a high of 6.37. The Semiconductors industry median PB Ratio is 2.84. Sanan Optoelectronics Co's value of 1.75 is 38.4% below this industry median. Based on the distribution chart, Sanan Optoelectronics Co ranks #316 out of 999 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Sanan Optoelectronics Co has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sanan Optoelectronics Co's PB Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Sanan Optoelectronics Co ranks #316 out of 999 companies for PB Ratio. This puts Sanan Optoelectronics Co in the upper half of its industry. The industry median PB Ratio is 2.84. Sanan Optoelectronics Co's value of 1.75 is 38.4% below this benchmark. Historically, Sanan Optoelectronics Co's own PB Ratio has ranged from 1.32 to 6.37 over the past decade. While the company's 10-year median is 2.96 vs. the industry median of 2.84, Sanan Optoelectronics Co has consistently been below 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 Semiconductors company?
The median PB Ratio among Semiconductors companies is 2.84, based on 999 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. Sanan Optoelectronics Co's current PB Ratio of 1.75 is 38.4% below 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 Sanan Optoelectronics Co and its competitors. For the Semiconductors industry, the median PB Ratio is 2.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sanan Optoelectronics Co's current PB Ratio is 1.75, which is 41% below median its own 10-year median of 2.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sanan Optoelectronics Co stock overvalued right now?
Based on GuruFocus' analysis, Sanan Optoelectronics Co (SHSE:600703) is currently considered Fairly Valued. The stock's GF Value™ is ¥12.87, compared to a current price of ¥12.24 — trading 4.9% below its estimated fair value. The current PB Ratio is 1.75, which is 41% below median its 10-year median of 2.96 and 38.4% below the Semiconductors industry median of 2.84. Sanan Optoelectronics Co's overall GF Score™ is 71/100 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 Sanan Optoelectronics Co (SHSE:600703), the current PB Ratio is 1.75 as of Aug. 01, 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 Sanan Optoelectronics Co (SHSE:600703) Overvalued in 2026?
Based on GuruFocus' analysis, Sanan Optoelectronics Co stock appears to be undervalued.
The current stock price of ¥12.24 is trading 4.9% below its estimated GF Value™ of ¥12.87.
GuruFocus considers Sanan Optoelectronics Co to be Fairly Valued.
Key valuation signals for SHSE:600703:
PB Ratio: 1.75 (41% below median its 10-year median of 2.96)
GF Value™: ¥12.87 vs. price of ¥12.24 (4.9% below fair value)
Industry Position: 38.4% below the Semiconductors median (#316 of 999)
No single metric tells the full story. See the SHSE:600703 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sanan Optoelectronics Co Ltd is a China-based full-color ultra-high brightness LED epitaxial and chip manufacturer. It is engaged in the development, production, and sales of full-color and high-brightness LED epitaxial wafers, chips, compound solar cells, and high-powered condenser photovoltaic products. The products offered by the company are a sapphire substrate, an integrated circuit, a solar battery, an LED chip, an optical communication chip, and others. The company is also engaged in the sale of materials and waste materials, as well as the provision of other services such as leasing and property.
71GF Score
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