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The historical rank and industry rank for Shenzhen Hopewind Electric Co's PB Ratio or its related term are showing as below:
SHSE:603063'
s PB Ratio Range Over the Past 10 Years
Min: 1.05 Med: 2.74 Max: 6.28
Current: 2.93
During the past 13 years, Shenzhen Hopewind Electric Co's highest PB Ratio was 6.28. The lowest was 1.05. And the median was 2.74.
SHSE:603063's PB Ratio is ranked worse than 61.64% of 2980
companies
in the Industrial Products industry
Industry Median: 2.215
vs SHSE:603063: 2.93
During the past 12 months, Shenzhen Hopewind Electric Co's average Book Value Per Share Growth Rate was 12.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 13.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 11.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 11.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Shenzhen Hopewind Electric Co was 34.10% per year. The lowest was 4.30% per year. And the median was 13.30% 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.
Shenzhen Hopewind Electric Co PB Ratio Related Terms
Shenzhen Hopewind 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, Shenzhen Hopewind 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.
Shenzhen Hopewind Electric Co PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Shenzhen Hopewind Electric Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Shenzhen Hopewind Electric Co's PB Ratio falls into.
Shenzhen Hopewind 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.
Shenzhen Hopewind Electric Co (SHSE:603063) has a PB Ratio of 2.93 as of Aug. 15, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Shenzhen Hopewind Electric Co and its competitors. This is near median its historical median of 2.74. Over the past decade, Shenzhen Hopewind Electric Co's PB Ratio has ranged from 1.05 to 6.28. According to the industry distribution chart, Shenzhen Hopewind Electric Co ranks #1837 out of 2980 companies in the Industrial Products industry, placing it in the top 61.6%.
Is Shenzhen Hopewind Electric Co's PB Ratio too high?
Shenzhen Hopewind Electric Co's current PB Ratio of 2.93 is near median its 10-year median of 2.74. Over the past 10 years, this metric has ranged from a low of 1.05 to a high of 6.28. The Industrial Products industry median PB Ratio is 2.22. Shenzhen Hopewind Electric Co's value of 2.93 is 32.3% above this industry median. Based on the distribution chart, Shenzhen Hopewind Electric Co ranks #1837 out of 2980 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Shenzhen Hopewind Electric Co has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shenzhen Hopewind Electric Co's PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Shenzhen Hopewind Electric Co ranks #1837 out of 2980 companies for PB Ratio. This places Shenzhen Hopewind Electric Co in the lower half of its industry. The industry median PB Ratio is 2.22. Shenzhen Hopewind Electric Co's value of 2.93 is 32.3% above this benchmark. Historically, Shenzhen Hopewind Electric Co's own PB Ratio has ranged from 1.05 to 6.28 over the past decade. While the company's 10-year median is 2.74 vs. the industry median of 2.22, Shenzhen Hopewind Electric 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 an Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.22, based on 2,980 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. Shenzhen Hopewind Electric Co's current PB Ratio of 2.93 is 32.3% 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 Shenzhen Hopewind Electric Co and its competitors. For the Industrial Products industry, the median PB Ratio is 2.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shenzhen Hopewind Electric Co's current PB Ratio is 2.93, which is near median its own 10-year median of 2.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen Hopewind Electric Co stock overvalued right now?
Based on GuruFocus' analysis, Shenzhen Hopewind Electric Co (SHSE:603063) is currently considered Fairly Valued. The stock's GF Value™ is ¥32.13, compared to a current price of ¥34.44 — trading 7.2% above its estimated fair value. The current PB Ratio is 2.93, which is near median its 10-year median of 2.74 and 32.3% above the Industrial Products industry median of 2.22. Shenzhen Hopewind Electric Co's overall GF Score™ is 92/100 with 4 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 Shenzhen Hopewind Electric Co (SHSE:603063), the current PB Ratio is 2.93 as of Aug. 15, 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 Shenzhen Hopewind Electric Co (SHSE:603063) Overvalued in 2026?
Based on GuruFocus' analysis, Shenzhen Hopewind Electric Co stock appears to be overvalued.
The current stock price of ¥34.44 is trading 7.2% above its estimated GF Value™ of ¥32.13.
GuruFocus considers Shenzhen Hopewind Electric Co to be Fairly Valued.
Key valuation signals for SHSE:603063:
PB Ratio: 2.93 (near median its 10-year median of 2.74)
GF Value™: ¥32.13 vs. price of ¥34.44 (7.2% above fair value)
Industry Position: 32.3% above the Industrial Products median (#1837 of 2980)
No single metric tells the full story. See the SHSE:603063 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shenzhen Hopewind Electric Co Ltd focuses on the research and development, manufacture, sales and service of new energy and electric drive products. In the field of new energy, its product offering includes wind power converters, inverters, and conversion containers. Its industrial drive products are widely used in petroleum, chemical industry, and other various industrial applications. In the power quality improvement and management field, the company provides active power filter and static VAR generator and special power supply products, which are widely used in the field of telecommunication, metallurgy and petroleum industry. In the field of port, the firm provides shore power supply system. In the electric vehicle industry, Hopewind provides charging modules and battery chargers.
92GF Score
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