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What is Shanghai Precilasers Technology Co PB Ratio?
Shanghai Precilasers Technology CoSHSE:688826 -5.74%20 PB Ratio is 49.90 as of Aug. 31, 2026, which is 8% below its 10-year median of 54.30. GuruFocus rates SHSE:688826 with a GF Score™ of 20/100. The stock has 1 warning sign investors should review. Among 2,415 Hardware companies, Shanghai Precilasers Technology Co ranks worse than 99.21% on this metric.
SHSE:688826'
s PB Ratio Range Over the Past 10 Years
Min: 48.47 Med: 54.3 Max: 55.67
Current: 49.89
During the past 4 years, Shanghai Precilasers Technology Co's highest PB Ratio was 55.67. The lowest was 48.47. And the median was 54.30.
SHSE:688826's PB Ratio is ranked worse than 99.21% of 2415
companies
in the Hardware industry
Industry Median: 2.31
vs SHSE:688826: 49.89
During the past 12 months, Shanghai Precilasers Technology Co's average Book Value Per Share Growth Rate was 43.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 103.20% per year.
During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of Shanghai Precilasers Technology Co was 103.20% per year. The lowest was 103.20% per year. And the median was 103.20% 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.
Shanghai Precilasers Technology Co PB Ratio Related Terms
Shanghai Precilasers 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.
SHSE:688826 vs GRMN, COHR, KEYS: PB Ratio Comparison
For the Scientific & Technical Instruments subindustry, Shanghai Precilasers 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.
Shanghai Precilasers Technology Co PB Ratio vs Hardware Industry
Shanghai Precilasers 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.
Shanghai Precilasers Technology Co (SHSE:688826) has a PB Ratio of 49.90 as of Aug. 31, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Shanghai Precilasers Technology Co and its competitors. This is near median its historical median of 54.30. Over the past decade, Shanghai Precilasers Technology Co's PB Ratio has ranged from 48.47 to 55.67. According to the industry distribution chart, Shanghai Precilasers Technology Co ranks #2396 out of 2415 companies in the Hardware industry, placing it in the top 99.2%.
Is Shanghai Precilasers Technology Co's PB Ratio too high?
Shanghai Precilasers Technology Co's current PB Ratio of 49.90 is near median its 10-year median of 54.30. Over the past 10 years, this metric has ranged from a low of 48.47 to a high of 55.67. The Hardware industry median PB Ratio is 2.31. Shanghai Precilasers Technology Co's value of 49.90 is 2060.2% above this industry median. Based on the distribution chart, Shanghai Precilasers Technology Co ranks #2396 out of 2415 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Shanghai Precilasers Technology Co has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Shanghai Precilasers Technology Co's PB Ratio compare to GRMN and COHR?
According to the Hardware industry distribution chart, Shanghai Precilasers Technology Co ranks #2396 out of 2415 companies for PB Ratio. This places Shanghai Precilasers Technology Co in the lower half of its industry. The industry median PB Ratio is 2.31. Shanghai Precilasers Technology Co's value of 49.90 is 2060.2% above this benchmark. Historically, Shanghai Precilasers Technology Co's own PB Ratio has ranged from 48.47 to 55.67 over the past decade. While the company's 10-year median is 54.30 vs. the industry median of 2.31, Shanghai Precilasers 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 a Hardware company?
The median PB Ratio among Hardware companies is 2.31, based on 2,415 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. Shanghai Precilasers Technology Co's current PB Ratio of 49.90 is 2060.2% 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 Shanghai Precilasers Technology Co and its competitors. For the Hardware industry, the median PB Ratio is 2.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Precilasers Technology Co's current PB Ratio is 49.90, which is near median its own 10-year median of 54.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Precilasers Technology Co stock overvalued right now?
Shanghai Precilasers Technology Co (SHSE:688826) has a current PB Ratio of 49.90. The current PB Ratio is 49.90, which is near median its 10-year median of 54.30 and 2060.2% above the Hardware industry median of 2.31. Shanghai Precilasers Technology Co's overall GF Score™ is 20/100 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 Shanghai Precilasers Technology Co (SHSE:688826), the current PB Ratio is 49.90 as of Aug. 31, 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.
Shanghai Precilasers Technology Co Ltd is engaged in the research, development, production and sales of precision lasers. It targets various markets such as quantum information, lidar, and medical aesthetics, it offers high-end fiber laser products with precisely controllable wavelength, linewidth, and pulse waveform. Its high-end laser products are already used in cutting-edge quantum science research, including quantum precision measurement, quantum computing, lidar, laser sensing, and semiconductor testing and processing.
20GF Score
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