Smarter Microelectronics (Guangzhou) Co (SHSE:688512) PB Ratio: 4.14 (As of Aug. 07, 2026) — 37% Above Median

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SHSE:688512 Smarter Microelectronics (Guangzhou) Co Ltd SHSE:688512
81 GF Score
Price ¥14.11
GF Value ¥16.66
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Smarter Microelectronics (Guangzhou) Co PB Ratio?

Smarter Microelectronics (Guangzhou) Co SHSE:688512 +4.52% 81 PB Ratio is 4.14 as of Aug. 07, 2026, which is 37% above its 10-year median of 3.02. GuruFocus rates SHSE:688512 with a GF Score™ of 81/100 and a GF Value™ of ¥16.66 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,000 Semiconductors companies, Smarter Microelectronics (Guangzhou) Co ranks worse than 59.9% on this metric.

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. As of today (2026-08-07), Smarter Microelectronics (Guangzhou) Co's share price is ¥14.11. Smarter Microelectronics (Guangzhou) Co's Book Value per Share for the quarter that ended in Mar. 2026 was ¥3.41. Hence, Smarter Microelectronics (Guangzhou) Co's PB Ratio of today is 4.14.

The historical rank and industry rank for Smarter Microelectronics (Guangzhou) Co's PB Ratio or its related term are showing as below:

SHSE:688512' s PB Ratio Range Over the Past 10 Years
Min: 1.42   Med: 3.02   Max: 7.64
Current: 4.14

During the past 7 years, Smarter Microelectronics (Guangzhou) Co's highest PB Ratio was 7.64. The lowest was 1.42. And the median was 3.02.

SHSE:688512's PB Ratio is ranked worse than
59.9% of 1000 companies
in the Semiconductors industry
Industry Median: 3.255 vs SHSE:688512: 4.14

During the past 12 months, Smarter Microelectronics (Guangzhou) Co's average Book Value Per Share Growth Rate was -14.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -0.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 47.90% per year.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Smarter Microelectronics (Guangzhou) Co was 170.50% per year. The lowest was -0.60% per year. And the median was 49.95% per year.

Back to Basics: PB Ratio


Smarter Microelectronics (Guangzhou) Co  (SHSE:688512) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.


Smarter Microelectronics (Guangzhou) Co PB Ratio Related Terms


Smarter Microelectronics (Guangzhou) Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Smarter Microelectronics (Guangzhou) Co's PB Ratio can be seen below:

* 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.

Smarter Microelectronics (Guangzhou) Co PB Ratio Chart

Smarter Microelectronics (Guangzhou) Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial 0.00 0.00 4.09 2.53 3.18

Smarter Microelectronics (Guangzhou) Co Quarterly Data
Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.45 2.84 3.45 3.18 3.33

SHSE:688512 vs NVDA, AVGO, MU: PB Ratio Comparison

For the Semiconductors subindustry, Smarter Microelectronics (Guangzhou) 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.


Smarter Microelectronics (Guangzhou) Co PB Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Smarter Microelectronics (Guangzhou) Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Smarter Microelectronics (Guangzhou) Co's PB Ratio falls into.


SHSE:688512
81GF Score
Smarter Microelectronics (Guangzhou) Co Ltd SHSE:688512
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Smarter Microelectronics (Guangzhou) 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.

Smarter Microelectronics (Guangzhou) Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=14.11/3.405
=4.14

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 4.14 mean?
Smarter Microelectronics (Guangzhou) Co (SHSE:688512) has a PB Ratio of 4.14 as of Aug. 07, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Smarter Microelectronics (Guangzhou) Co and its competitors. This is 37% above median its historical median of 3.02. Over the past decade, Smarter Microelectronics (Guangzhou) Co's PB Ratio has ranged from 1.42 to 7.64. According to the industry distribution chart, Smarter Microelectronics (Guangzhou) Co ranks #599 out of 1000 companies in the Semiconductors industry, placing it in the top 59.9%.
Is Smarter Microelectronics (Guangzhou) Co's PB Ratio too high?
Smarter Microelectronics (Guangzhou) Co's current PB Ratio of 4.14 is 37% above median its 10-year median of 3.02. Over the past 10 years, this metric has ranged from a low of 1.42 to a high of 7.64. The Semiconductors industry median PB Ratio is 3.26. Smarter Microelectronics (Guangzhou) Co's value of 4.14 is 27.2% above this industry median. Based on the distribution chart, Smarter Microelectronics (Guangzhou) Co ranks #599 out of 1000 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Smarter Microelectronics (Guangzhou) Co has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Smarter Microelectronics (Guangzhou) Co's PB Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Smarter Microelectronics (Guangzhou) Co ranks #599 out of 1000 companies for PB Ratio. This places Smarter Microelectronics (Guangzhou) Co in the lower half of its industry. The industry median PB Ratio is 3.26. Smarter Microelectronics (Guangzhou) Co's value of 4.14 is 27.2% above this benchmark. Historically, Smarter Microelectronics (Guangzhou) Co's own PB Ratio has ranged from 1.42 to 7.64 over the past decade. While the company's 10-year median is 3.02 vs. the industry median of 3.26, Smarter Microelectronics (Guangzhou) 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 a Semiconductors company?
The median PB Ratio among Semiconductors companies is 3.26, based on 1,000 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. Smarter Microelectronics (Guangzhou) Co's current PB Ratio of 4.14 is 27.2% 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 Smarter Microelectronics (Guangzhou) Co and its competitors. For the Semiconductors industry, the median PB Ratio is 3.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smarter Microelectronics (Guangzhou) Co's current PB Ratio is 4.14, which is 37% above median its own 10-year median of 3.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smarter Microelectronics (Guangzhou) Co stock overvalued right now?
Based on GuruFocus' analysis, Smarter Microelectronics (Guangzhou) Co (SHSE:688512) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥16.66, compared to a current price of ¥14.11 — trading 15.3% below its estimated fair value. The current PB Ratio is 4.14, which is 37% above median its 10-year median of 3.02 and 27.2% above the Semiconductors industry median of 3.26. Smarter Microelectronics (Guangzhou) Co's overall GF Score™ is 81/100 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 Smarter Microelectronics (Guangzhou) Co (SHSE:688512), the current PB Ratio is 4.14 as of Aug. 07, 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 Smarter Microelectronics (Guangzhou) Co (SHSE:688512) Overvalued in 2026?

Based on GuruFocus' analysis, Smarter Microelectronics (Guangzhou) Co stock appears to be undervalued. The current stock price of ¥14.11 is trading 15.3% below its estimated GF Value™ of ¥16.66. GuruFocus considers Smarter Microelectronics (Guangzhou) Co to be Modestly Undervalued.

Key valuation signals for SHSE:688512:

  • PB Ratio: 4.14 (37% above median its 10-year median of 3.02)
  • GF Value™: ¥16.66 vs. price of ¥14.11 (15.3% below fair value)
  • GF Score™: 81/100 with 4 warning signs
  • Industry Position: 27.2% above the Semiconductors median (#599 of 1000)

No single metric tells the full story. See the SHSE:688512 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Smarter Microelectronics (Guangzhou) Co Business Description

Address No. 182, Science Avenue, Unit 307, 3rd Floor, C2, Innovation Building, High-tech Industrial Development Zone, Guangdong Province, Guangzhou, CHN, 510663
Smarter Microelectronics (Guangzhou) Co Ltd is engaged in the research and development, design and sales of RF front-end chips and modules.
81GF Score

Get the complete analysis for SHSE:688512

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥14.11
Price
¥16.66
GF Value