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.
Shenzhen Qingyi Photomask Ltd stock PB Ratio (=3.07) is close to 2-year low of 2.89.
The historical rank and industry rank for Shenzhen Qingyi Photomask's PB Ratio or its related term are showing as below:
SHSE:688138'
s PB Ratio Range Over the Past 10 Years
Min: 2.49 Med: 4.16 Max: 10.28
Current: 3.11
During the past 13 years, Shenzhen Qingyi Photomask's highest PB Ratio was 10.28. The lowest was 2.49. And the median was 4.16.
SHSE:688138's PB Ratio is ranked worse than 63.05% of 2417
companies
in the Hardware industry
Industry Median: 2.19
vs SHSE:688138: 3.11
During the past 12 months, Shenzhen Qingyi Photomask's average Book Value Per Share Growth Rate was 84.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 22.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 12.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 14.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Shenzhen Qingyi Photomask was 25.20% per year. The lowest was 4.50% per year. And the median was 16.30% 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 Qingyi Photomask PB Ratio Related Terms
Shenzhen Qingyi Photomask 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 Electronic Components subindustry, Shenzhen Qingyi Photomask'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 Qingyi Photomask PB Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Shenzhen Qingyi Photomask's PB Ratio distribution charts can be found below:
* The bar in red indicates where Shenzhen Qingyi Photomask'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.
Shenzhen Qingyi Photomask (SHSE:688138) has a PB Ratio of 3.11 as of Aug. 03, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Shenzhen Qingyi Photomask and its competitors. This is 25% below median its historical median of 4.16. Over the past decade, Shenzhen Qingyi Photomask's PB Ratio has ranged from 2.49 to 10.28. According to the industry distribution chart, Shenzhen Qingyi Photomask ranks #1524 out of 2417 companies in the Hardware industry, placing it in the top 63.1%.
Is Shenzhen Qingyi Photomask's PB Ratio too high?
Shenzhen Qingyi Photomask's current PB Ratio of 3.11 is 25% below median its 10-year median of 4.16. Over the past 10 years, this metric has ranged from a low of 2.49 to a high of 10.28. The Hardware industry median PB Ratio is 2.19. Shenzhen Qingyi Photomask's value of 3.11 is 42% above this industry median. Based on the distribution chart, Shenzhen Qingyi Photomask ranks #1524 out of 2417 companies in the Hardware industry, which is below the industry midpoint. Overall, Shenzhen Qingyi Photomask has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shenzhen Qingyi Photomask's PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Shenzhen Qingyi Photomask ranks #1524 out of 2417 companies for PB Ratio. This places Shenzhen Qingyi Photomask in the lower half of its industry. The industry median PB Ratio is 2.19. Shenzhen Qingyi Photomask's value of 3.11 is 42% above this benchmark. Historically, Shenzhen Qingyi Photomask's own PB Ratio has ranged from 2.49 to 10.28 over the past decade. While the company's 10-year median is 4.16 vs. the industry median of 2.19, Shenzhen Qingyi Photomask 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 a Hardware company?
The median PB Ratio among Hardware companies is 2.19, based on 2,417 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 Qingyi Photomask's current PB Ratio of 3.11 is 42% 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 Qingyi Photomask and its competitors. For the Hardware 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. Shenzhen Qingyi Photomask's current PB Ratio is 3.11, which is 25% below median its own 10-year median of 4.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen Qingyi Photomask stock overvalued right now?
Based on GuruFocus' analysis, Shenzhen Qingyi Photomask (SHSE:688138) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥32.06, compared to a current price of ¥27.99 — trading 12.7% below its estimated fair value. The current PB Ratio is 3.11, which is 25% below median its 10-year median of 4.16 and 42% above the Hardware industry median of 2.19. Shenzhen Qingyi Photomask's overall GF Score™ is 87/100 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 Qingyi Photomask (SHSE:688138), the current PB Ratio is 3.11 as of Aug. 03, 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 Qingyi Photomask (SHSE:688138) Overvalued in 2026?
Based on GuruFocus' analysis, Shenzhen Qingyi Photomask stock appears to be undervalued.
The current stock price of ¥27.99 is trading 12.7% below its estimated GF Value™ of ¥32.06.
GuruFocus considers Shenzhen Qingyi Photomask to be Modestly Undervalued.
Key valuation signals for SHSE:688138:
PB Ratio: 3.11 (25% below median its 10-year median of 4.16)
GF Value™: ¥32.06 vs. price of ¥27.99 (12.7% below fair value)
Industry Position: 42% above the Hardware median (#1524 of 2417)
No single metric tells the full story. See the SHSE:688138 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shenzhen Qingyi Photomask Ltd is a manufacturer of high precision mask that integrates research, design, production and sales with the technology in China. Its products include TFT, color STN, STN and TNLCD chrome plate mask, EL, OLED chrome plate mask; PDP, VFD chrome plate mask, and IC capsulation, HDI, including chrome plate mask and dry mask, such as BGA, CSP, and BUMPING.
87GF Score
Get the complete analysis for SHSE:688138
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:688138 has been successfully added to your 
