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.
Ningbonxing Medical Electric CoSHSE:601567 -2.53%71 PB Ratio is 1.99 as of Aug. 02, 2026, which is 4% below its 10-year median of 2.07. GuruFocus rates SHSE:601567 with a GF Score™ of 71/100 and a GF Value™ of ¥28.29 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,983 Industrial Products companies, Ningbonxing Medical Electric Co ranks better than 52.63% on this metric.
Ningbo Sanxing Medical Electric Co Ltd stock PB Ratio (=1.8) is close to 3-year low of 1.67.
The historical rank and industry rank for Ningbonxing Medical Electric Co's PB Ratio or its related term are showing as below:
SHSE:601567'
s PB Ratio Range Over the Past 10 Years
Min: 0.98 Med: 2.07 Max: 4.49
Current: 1.99
During the past 13 years, Ningbonxing Medical Electric Co's highest PB Ratio was 4.49. The lowest was 0.98. And the median was 2.07.
SHSE:601567's PB Ratio is ranked better than 52.63% of 2983
companies
in the Industrial Products industry
Industry Median: 2.11
vs SHSE:601567: 1.99
During the past 12 months, Ningbonxing Medical Electric Co's average Book Value Per Share Growth Rate was -6.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 6.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 7.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 9.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Ningbonxing Medical Electric Co was 58.30% per year. The lowest was 3.90% per year. And the median was 9.20% 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.
Ningbonxing Medical Electric Co PB Ratio Related Terms
Ningbonxing Medical Electric 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.
For the Electrical Equipment & Parts subindustry, Ningbonxing Medical Electric 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.
Ningbonxing Medical Electric Co PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Ningbonxing Medical Electric Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Ningbonxing Medical Electric Co's PB Ratio falls into.
Ningbonxing Medical Electric 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.
Ningbonxing Medical Electric Co (SHSE:601567) has a PB Ratio of 1.99 as of Aug. 02, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Ningbonxing Medical Electric Co and its competitors. This is near median its historical median of 2.07. Over the past decade, Ningbonxing Medical Electric Co's PB Ratio has ranged from 0.98 to 4.49. According to the industry distribution chart, Ningbonxing Medical Electric Co ranks #1413 out of 2983 companies in the Industrial Products industry, placing it in the top 47.4%.
Is Ningbonxing Medical Electric Co's PB Ratio too high?
Ningbonxing Medical Electric Co's current PB Ratio of 1.99 is near median its 10-year median of 2.07. Over the past 10 years, this metric has ranged from a low of 0.98 to a high of 4.49. The Industrial Products industry median PB Ratio is 2.11. Ningbonxing Medical Electric Co's value of 1.99 is 5.7% below this industry median. Based on the distribution chart, Ningbonxing Medical Electric Co ranks #1413 out of 2983 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Ningbonxing Medical Electric Co has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ningbonxing Medical Electric Co's PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Ningbonxing Medical Electric Co ranks #1413 out of 2983 companies for PB Ratio. This puts Ningbonxing Medical Electric Co in the upper half of its industry. The industry median PB Ratio is 2.11. Ningbonxing Medical Electric Co's value of 1.99 is 5.7% below this benchmark. Historically, Ningbonxing Medical Electric Co's own PB Ratio has ranged from 0.98 to 4.49 over the past decade. While the company's 10-year median is 2.07 vs. the industry median of 2.11, Ningbonxing Medical Electric 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 an Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.11, based on 2,983 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. Ningbonxing Medical Electric Co's current PB Ratio of 1.99 is 5.7% 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 Ningbonxing Medical Electric Co and its competitors. For the Industrial Products industry, the median PB Ratio is 2.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbonxing Medical Electric Co's current PB Ratio is 1.99, which is near median its own 10-year median of 2.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbonxing Medical Electric Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbonxing Medical Electric Co (SHSE:601567) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥28.29, compared to a current price of ¥16.57 — trading 41.4% below its estimated fair value. The current PB Ratio is 1.99, which is near median its 10-year median of 2.07 and 5.7% below the Industrial Products industry median of 2.11. Ningbonxing Medical Electric Co's overall GF Score™ is 71/100 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 Ningbonxing Medical Electric Co (SHSE:601567), the current PB Ratio is 1.99 as of Aug. 02, 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 Ningbonxing Medical Electric Co (SHSE:601567) Overvalued in 2026?
Based on GuruFocus' analysis, Ningbonxing Medical Electric Co stock appears to be undervalued.
The current stock price of ¥16.57 is trading 41.4% below its estimated GF Value™ of ¥28.29.
GuruFocus considers Ningbonxing Medical Electric Co to be Significantly Undervalued.
Key valuation signals for SHSE:601567:
PB Ratio: 1.99 (near median its 10-year median of 2.07)
GF Value™: ¥28.29 vs. price of ¥16.57 (41.4% below fair value)
Industry Position: 5.7% below the Industrial Products median (#1413 of 2983)
No single metric tells the full story. See the SHSE:601567 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ningbo Sanxing Medical Electric Co Ltd operates in the electricity measurement industry. The product portfolio of the group includes the Meter box, Smart substation, Switchgear, Power distribution automation devices, and others. The company also operates in the Medical Service segment, which is mainly engaged in the construction, operation, investment, and acquisition of hospitals, as well as the finance leasing of hospitals, among others. It generates the majority of its revenue from the Intelligent power distribution segment.
71GF Score
Get the complete analysis for SHSE:601567
PB 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:601567 has been successfully added to your 
