Ciqtek Co (SHSE:688828) PB Ratio: 59.11 (As of Aug. 31, 2026) — Near 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:688828 Ciqtek Co Ltd SHSE:688828
3 GF Score
Price ¥102.50
! 3 Warning Signs
View Full Analysis

What is Ciqtek Co PB Ratio?

Ciqtek Co SHSE:688828 -2.41% 3 PB Ratio is 59.11 as of Aug. 31, 2026, which is 1% below its 10-year median of 59.46. GuruFocus rates SHSE:688828 with a GF Score™ of 3/100. The stock has 3 warning signs investors should review. Among 2,415 Hardware companies, Ciqtek Co ranks worse than 99.42% 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 (2026-08-31), Ciqtek Co's share price is ¥102.50. Ciqtek Co's Book Value per Share for the quarter that ended in Jun. 2026 was ¥1.73. Hence, Ciqtek Co's PB Ratio of today is 59.11.

The historical rank and industry rank for Ciqtek Co's PB Ratio or its related term are showing as below:

SHSE:688828' s PB Ratio Range Over the Past 10 Years
Min: 51.67   Med: 59.46   Max: 60.57
Current: 59.25

During the past 4 years, Ciqtek Co's highest PB Ratio was 60.57. The lowest was 51.67. And the median was 59.46.

SHSE:688828's PB Ratio is ranked worse than
99.42% of 2415 companies
in the Hardware industry
Industry Median: 2.31 vs SHSE:688828: 59.25

Back to Basics: PB Ratio


Ciqtek Co  (SHSE:688828) 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.


Ciqtek Co PB Ratio Related Terms


Ciqtek Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Ciqtek 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.

Ciqtek Co PB Ratio Chart

Ciqtek Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
PB Ratio
0.00 0.00 0.00 0.00

Ciqtek Co Quarterly Data
Dec22 Dec23 Dec24 Mar25 Jun25 Dec25 Mar26 Jun26
PB Ratio Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

SHSE:688828 vs GRMN, COHR, KEYS: PB Ratio Comparison

For the Scientific & Technical Instruments subindustry, Ciqtek 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.


Ciqtek Co PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Ciqtek Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Ciqtek Co's PB Ratio falls into.


SHSE:688828
3GF Score
Ciqtek Co Ltd SHSE:688828
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ciqtek 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.

Ciqtek Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2026)
=102.50/1.734
=59.11

* 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 59.11 mean?
Ciqtek Co (SHSE:688828) has a PB Ratio of 59.11 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 Ciqtek Co and its competitors. This is near median its historical median of 59.46. Over the past decade, Ciqtek Co's PB Ratio has ranged from 51.67 to 60.57. According to the industry distribution chart, Ciqtek Co ranks #2401 out of 2415 companies in the Hardware industry, placing it in the top 99.4%.
Is Ciqtek Co's PB Ratio too high?
Ciqtek Co's current PB Ratio of 59.11 is near median its 10-year median of 59.46. Over the past 10 years, this metric has ranged from a low of 51.67 to a high of 60.57. The Hardware industry median PB Ratio is 2.31. Ciqtek Co's value of 59.11 is 2458.9% above this industry median. Based on the distribution chart, Ciqtek Co ranks #2401 out of 2415 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Ciqtek Co has a GF Score™ of 3/100, reflecting its overall financial health beyond just this single metric.
How does Ciqtek Co's PB Ratio compare to GRMN and COHR?
According to the Hardware industry distribution chart, Ciqtek Co ranks #2401 out of 2415 companies for PB Ratio. This places Ciqtek Co in the lower half of its industry. The industry median PB Ratio is 2.31. Ciqtek Co's value of 59.11 is 2458.9% above this benchmark. Historically, Ciqtek Co's own PB Ratio has ranged from 51.67 to 60.57 over the past decade. While the company's 10-year median is 59.46 vs. the industry median of 2.31, Ciqtek 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. Ciqtek Co's current PB Ratio of 59.11 is 2458.9% 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 Ciqtek 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. Ciqtek Co's current PB Ratio is 59.11, which is near median its own 10-year median of 59.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ciqtek Co stock overvalued right now?
Ciqtek Co (SHSE:688828) has a current PB Ratio of 59.11. The current PB Ratio is 59.11, which is near median its 10-year median of 59.46 and 2458.9% above the Hardware industry median of 2.31. Ciqtek Co's overall GF Score™ is 3/100 with 3 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 Ciqtek Co (SHSE:688828), the current PB Ratio is 59.11 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.

Ciqtek Co Business Description

Address No. 1969, Kongquetai Road, High-tech Zone, Anhui Province, Hefei, CHN, 230088
Ciqtek Co Ltd is engaged in the research, development, production and sales of high-end scientific instruments. Its main business includes Electron Microscopy (FIB/SEM, TEM), Nuclear Magnetic Resonance (NMR) Spectroscopy, Electron Paramagnetic Resonance (EPR/ESR) Spectroscopy, and BET Surface Area & Pore Analyzers. The company provides customized products and solutions across environmental science, biochemistry, semiconductor technology, and materials science.
3GF Score

Get the complete analysis for SHSE:688828

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

¥102.50
Price