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The historical rank and industry rank for Zhejiang Tony Electronic Co's PB Ratio or its related term are showing as below:
SHSE:603595'
s PB Ratio Range Over the Past 10 Years
Min: 2.2 Med: 5.09 Max: 23.63
Current: 4.11
During the past 13 years, Zhejiang Tony Electronic Co's highest PB Ratio was 23.63. The lowest was 2.20. And the median was 5.09.
SHSE:603595's PB Ratio is ranked worse than 73% of 2978
companies
in the Industrial Products industry
Industry Median: 2.22
vs SHSE:603595: 4.11
During the past 12 months, Zhejiang Tony Electronic Co's average Book Value Per Share Growth Rate was -3.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -7.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 2.30% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 16.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Zhejiang Tony Electronic Co was 50.90% per year. The lowest was -7.30% per year. And the median was 12.60% 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.
Zhejiang Tony Electronic Co PB Ratio Related Terms
Zhejiang Tony 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.
For the Electrical Equipment & Parts subindustry, Zhejiang Tony 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.
Zhejiang Tony Electronic Co PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Zhejiang Tony Electronic Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Zhejiang Tony Electronic 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.
Zhejiang Tony Electronic Co (SHSE:603595) has a PB Ratio of 4.11 as of Aug. 12, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Zhejiang Tony Electronic Co and its competitors. This is 19% below median its historical median of 5.09. Over the past decade, Zhejiang Tony Electronic Co's PB Ratio has ranged from 2.20 to 23.63. According to the industry distribution chart, Zhejiang Tony Electronic Co ranks #2174 out of 2978 companies in the Industrial Products industry, placing it in the top 73%.
Is Zhejiang Tony Electronic Co's PB Ratio too high?
Zhejiang Tony Electronic Co's current PB Ratio of 4.11 is 19% below median its 10-year median of 5.09. Over the past 10 years, this metric has ranged from a low of 2.20 to a high of 23.63. The Industrial Products industry median PB Ratio is 2.22. Zhejiang Tony Electronic Co's value of 4.11 is 85.1% above this industry median. Based on the distribution chart, Zhejiang Tony Electronic Co ranks #2174 out of 2978 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Zhejiang Tony Electronic Co has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Tony Electronic Co's PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Zhejiang Tony Electronic Co ranks #2174 out of 2978 companies for PB Ratio. This places Zhejiang Tony Electronic Co in the lower half of its industry. The industry median PB Ratio is 2.22. Zhejiang Tony Electronic Co's value of 4.11 is 85.1% above this benchmark. Historically, Zhejiang Tony Electronic Co's own PB Ratio has ranged from 2.20 to 23.63 over the past decade. While the company's 10-year median is 5.09 vs. the industry median of 2.22, Zhejiang Tony 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 an Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.22, based on 2,978 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. Zhejiang Tony Electronic Co's current PB Ratio of 4.11 is 85.1% 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 Zhejiang Tony Electronic 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. Zhejiang Tony Electronic Co's current PB Ratio is 4.11, which is 19% below median its own 10-year median of 5.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Tony Electronic Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Tony Electronic Co (SHSE:603595) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥22.69, compared to a current price of ¥26.89 — trading 18.5% above its estimated fair value. The current PB Ratio is 4.11, which is 19% below median its 10-year median of 5.09 and 85.1% above the Industrial Products industry median of 2.22. Zhejiang Tony Electronic Co's overall GF Score™ is 67/100 with 5 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 Zhejiang Tony Electronic Co (SHSE:603595), the current PB Ratio is 4.11 as of Aug. 12, 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 Zhejiang Tony Electronic Co (SHSE:603595) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Tony Electronic Co stock appears to be overvalued.
The current stock price of ¥26.89 is trading 18.5% above its estimated GF Value™ of ¥22.69.
GuruFocus considers Zhejiang Tony Electronic Co to be Modestly Overvalued.
Key valuation signals for SHSE:603595:
PB Ratio: 4.11 (19% below median its 10-year median of 5.09)
GF Value™: ¥22.69 vs. price of ¥26.89 (18.5% above fair value)
Industry Position: 85.1% above the Industrial Products median (#2174 of 2978)
No single metric tells the full story. See the SHSE:603595 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang Tony Electronic Co Ltd is engaged in the research, manufacturing, and marketing of ultra-fine alloy wire and other metal matrix composite. The major products are ultra-fine conductors and laminating wires. Its ultra-fine conductors and laminating wires are widely applied in electronic, new energy automobile, medical apparatus, and intelligent robot fields; and diamond cutting lines are mainly used in the cutting of hard and brittle materials such as silicon and sapphire.
67GF Score
Get the complete analysis for SHSE:603595
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