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SHSE:688248's PB Ratio is ranked worse than 89.44% of 2983
companies
in the Industrial Products industry
Industry Median: 2.11
vs SHSE:688248: 7.15
During the past 12 months, China Southern Power Grid Technology Co's average Book Value Per Share Growth Rate was 8.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 8.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 13.00% per year.
During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of China Southern Power Grid Technology Co was 146.40% per year. The lowest was 7.10% per year. And the median was 20.60% 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.
China Southern Power Grid Technology Co PB Ratio Related Terms
China Southern Power Grid Technology 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.
China Southern Power Grid Technology Co PB Ratio Chart
China Southern Power Grid Technology Co Annual Data
For the Electrical Equipment & Parts subindustry, China Southern Power Grid Technology 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.
China Southern Power Grid Technology Co PB Ratio vs Industrial Products Industry
China Southern Power Grid Technology 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.
China Southern Power Grid Technology Co (SHSE:688248) has a PB Ratio of 7.15 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 China Southern Power Grid Technology Co and its competitors. This is 13% above median its historical median of 6.32. Over the past decade, China Southern Power Grid Technology Co's PB Ratio has ranged from 3.26 to 15.80. According to the industry distribution chart, China Southern Power Grid Technology Co ranks #2668 out of 2983 companies in the Industrial Products industry, placing it in the top 89.4%.
Is China Southern Power Grid Technology Co's PB Ratio too high?
China Southern Power Grid Technology Co's current PB Ratio of 7.15 is 13% above median its 10-year median of 6.32. Over the past 10 years, this metric has ranged from a low of 3.26 to a high of 15.80. The Industrial Products industry median PB Ratio is 2.11. China Southern Power Grid Technology Co's value of 7.15 is 238.9% above this industry median. Based on the distribution chart, China Southern Power Grid Technology Co ranks #2668 out of 2983 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, China Southern Power Grid Technology Co has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Southern Power Grid Technology Co's PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, China Southern Power Grid Technology Co ranks #2668 out of 2983 companies for PB Ratio. This places China Southern Power Grid Technology Co in the lower half of its industry. The industry median PB Ratio is 2.11. China Southern Power Grid Technology Co's value of 7.15 is 238.9% above this benchmark. Historically, China Southern Power Grid Technology Co's own PB Ratio has ranged from 3.26 to 15.80 over the past decade. While the company's 10-year median is 6.32 vs. the industry median of 2.11, China Southern Power Grid Technology 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 2.11, 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. China Southern Power Grid Technology Co's current PB Ratio of 7.15 is 238.9% 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 China Southern Power Grid Technology 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. China Southern Power Grid Technology Co's current PB Ratio is 7.15, which is 13% above median its own 10-year median of 6.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Southern Power Grid Technology Co stock overvalued right now?
Based on GuruFocus' analysis, China Southern Power Grid Technology Co (SHSE:688248) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥48.18, compared to a current price of ¥41.90 — trading 13% below its estimated fair value. The current PB Ratio is 7.15, which is 13% above median its 10-year median of 6.32 and 238.9% above the Industrial Products industry median of 2.11. China Southern Power Grid Technology Co's overall GF Score™ is 93/100 with 1 warning sign 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 China Southern Power Grid Technology Co (SHSE:688248), the current PB Ratio is 7.15 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 China Southern Power Grid Technology Co (SHSE:688248) Overvalued in 2026?
Based on GuruFocus' analysis, China Southern Power Grid Technology Co stock appears to be undervalued.
The current stock price of ¥41.90 is trading 13% below its estimated GF Value™ of ¥48.18.
GuruFocus considers China Southern Power Grid Technology Co to be Modestly Undervalued.
Key valuation signals for SHSE:688248:
PB Ratio: 7.15 (13% above median its 10-year median of 6.32)
GF Value™: ¥48.18 vs. price of ¥41.90 (13% below fair value)
Industry Position: 238.9% above the Industrial Products median (#2668 of 2983)
No single metric tells the full story. See the SHSE:688248 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Southern Power Grid Technology Co Ltd is engaged in providing a comprehensive solution of technical services and smart equipment to ensure the safe operation and efficiency improvement of the power energy system.
93GF Score
Get the complete analysis for SHSE:688248
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