Qi An Xin Technology Group (SHSE:688561) PB Ratio: 2.61 (As of Aug. 02, 2026) — 28% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

SHSE:688561 Qi An Xin Technology Group Inc SHSE:688561
67 GF Score
Price ¥27.03
GF Value ¥33.03
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Qi An Xin Technology Group PB Ratio?

Qi An Xin Technology Group SHSE:688561 +9.08% 67 PB Ratio is 2.61 as of Aug. 02, 2026, which is 28% below its 10-year median of 3.65. GuruFocus rates SHSE:688561 with a GF Score™ of 67/100 and a GF Value™ of ¥33.03 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,635 Software companies, Qi An Xin Technology Group ranks worse than 53.66% 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 (2026-08-02), Qi An Xin Technology Group's share price is ¥27.03. Qi An Xin Technology Group's Book Value per Share for the quarter that ended in Mar. 2026 was ¥10.35. Hence, Qi An Xin Technology Group's PB Ratio of today is 2.61.

Good Sign:

Qi An Xin Technology Group Inc stock PB Ratio (=2.32) is close to 1-year low of 2.16.

The historical rank and industry rank for Qi An Xin Technology Group's PB Ratio or its related term are showing as below:

SHSE:688561' s PB Ratio Range Over the Past 10 Years
Min: 1.53   Med: 3.65   Max: 17.57
Current: 2.61

During the past 9 years, Qi An Xin Technology Group's highest PB Ratio was 17.57. The lowest was 1.53. And the median was 3.65.

SHSE:688561's PB Ratio is ranked worse than
53.66% of 2635 companies
in the Software industry
Industry Median: 2.42 vs SHSE:688561: 2.61

During the past 12 months, Qi An Xin Technology Group's average Book Value Per Share Growth Rate was -15.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -9.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -5.20% per year.

During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Qi An Xin Technology Group was 37.80% per year. The lowest was -9.20% per year. And the median was 9.50% per year.

Back to Basics: PB Ratio


Qi An Xin Technology Group  (SHSE:688561) 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.


Qi An Xin Technology Group PB Ratio Related Terms


Qi An Xin Technology Group PB Ratio Historical Data

* Premium members only.

The historical data trend for Qi An Xin Technology Group'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.

Qi An Xin Technology Group PB Ratio Chart

Qi An Xin Technology Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only 6.06 4.51 2.70 2.10 3.26

Qi An Xin Technology Group Quarterly Data
Jun21 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 2.81 2.91 3.02 3.26 2.85

SHSE:688561 vs MSFT, ORCL, PLTR: PB Ratio Comparison

For the Software - Infrastructure subindustry, Qi An Xin Technology Group'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.


Qi An Xin Technology Group PB Ratio vs Software Industry

For the Software industry and Technology sector, Qi An Xin Technology Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where Qi An Xin Technology Group's PB Ratio falls into.


SHSE:688561
67GF Score
Qi An Xin Technology Group Inc SHSE:688561
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Qi An Xin Technology Group 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.

Qi An Xin Technology Group's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=27.03/10.349
=2.61

* 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 2.61 mean?
Qi An Xin Technology Group (SHSE:688561) has a PB Ratio of 2.61 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 Qi An Xin Technology Group and its competitors. This is 28% below median its historical median of 3.65. Over the past decade, Qi An Xin Technology Group's PB Ratio has ranged from 1.53 to 17.57. According to the industry distribution chart, Qi An Xin Technology Group ranks #1414 out of 2635 companies in the Software industry, placing it in the top 53.7%.
Is Qi An Xin Technology Group's PB Ratio too high?
Qi An Xin Technology Group's current PB Ratio of 2.61 is 28% below median its 10-year median of 3.65. Over the past 10 years, this metric has ranged from a low of 1.53 to a high of 17.57. The Software industry median PB Ratio is 2.42. Qi An Xin Technology Group's value of 2.61 is 7.9% above this industry median. Based on the distribution chart, Qi An Xin Technology Group ranks #1414 out of 2635 companies in the Software industry, which is below the industry midpoint. Overall, Qi An Xin Technology Group has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Qi An Xin Technology Group's PB Ratio compare to MSFT and ORCL?
According to the Software industry distribution chart, Qi An Xin Technology Group ranks #1414 out of 2635 companies for PB Ratio. This places Qi An Xin Technology Group in the lower half of its industry. The industry median PB Ratio is 2.42. Qi An Xin Technology Group's value of 2.61 is 7.9% above this benchmark. Historically, Qi An Xin Technology Group's own PB Ratio has ranged from 1.53 to 17.57 over the past decade. While the company's 10-year median is 3.65 vs. the industry median of 2.42, Qi An Xin Technology Group 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 Software company?
The median PB Ratio among Software companies is 2.42, based on 2,635 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. Qi An Xin Technology Group's current PB Ratio of 2.61 is 7.9% 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 Qi An Xin Technology Group and its competitors. For the Software industry, the median PB Ratio is 2.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qi An Xin Technology Group's current PB Ratio is 2.61, which is 28% below median its own 10-year median of 3.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qi An Xin Technology Group stock overvalued right now?
Based on GuruFocus' analysis, Qi An Xin Technology Group (SHSE:688561) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥33.03, compared to a current price of ¥27.03 — trading 18.2% below its estimated fair value. The current PB Ratio is 2.61, which is 28% below median its 10-year median of 3.65 and 7.9% above the Software industry median of 2.42. Qi An Xin Technology Group'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 Qi An Xin Technology Group (SHSE:688561), the current PB Ratio is 2.61 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 Qi An Xin Technology Group (SHSE:688561) Overvalued in 2026?

Based on GuruFocus' analysis, Qi An Xin Technology Group stock appears to be undervalued. The current stock price of ¥27.03 is trading 18.2% below its estimated GF Value™ of ¥33.03. GuruFocus considers Qi An Xin Technology Group to be Modestly Undervalued.

Key valuation signals for SHSE:688561:

  • PB Ratio: 2.61 (28% below median its 10-year median of 3.65)
  • GF Value™: ¥33.03 vs. price of ¥27.03 (18.2% below fair value)
  • GF Score™: 67/100 with 5 warning signs
  • Industry Position: 7.9% above the Software median (#1414 of 2635)

No single metric tells the full story. See the SHSE:688561 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Qi An Xin Technology Group Business Description

Address No.1, 26 of Xizhimenwai South Road, Qianxin Security Center, Xicheng District, Beijing, CHN
Qi An Xin Technology Group Inc provides a new generation of enterprise-level network security products and services to government and corporate customers.
67GF Score

Get the complete analysis for SHSE:688561

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

¥27.03
Price
¥33.03
GF Value