WELX (Winland Holdings) PB Ratio: 3.96 (As of Jul. 16, 2026)

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.

What is Winland Holdings PB Ratio?

Winland Holdings WELX PB Ratio is 3.96 as of Jul. 16, 2026.

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 (2026-07-16), Winland Holdings's share price is $2.27. Winland Holdings's Book Value per Share for the quarter that ended in Jun. 2017 was $0.57. Hence, Winland Holdings's PB Ratio of today is 3.96.

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

WELX's PB Ratio is not ranked *
in the Hardware industry.
Industry Median: 2.31
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio

Winland Holdings  (OTCPK:WELX) 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.

Winland Holdings PB Ratio Related Terms

Winland Holdings PB Ratio Historical Data

* Premium members only.

The historical data trend for Winland Holdings'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.

Winland Holdings PB Ratio Chart

Winland Holdings Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.75 1.63 2.19 4.13 3.75

Winland Holdings Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 4.69 4.35 3.75 2.82 2.93

WELX vs TRCK, IMLE, EMRN: PB Ratio Comparison

For the Scientific & Technical Instruments subindustry, Winland Holdings'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.

Winland Holdings PB Ratio vs Hardware Industry

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

* The bar in red indicates where Winland Holdings's PB Ratio falls into.


Winland Holdings 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.

Winland Holdings's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2017)
=2.27/0.573
=3.96

* 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:

PB Ratio=Market Cap /(Total Stockholders Equity-Preferred Stock)

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 3.96 mean?
Winland Holdings (WELX) has a PB Ratio of 3.96 as of Jul. 16, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Winland Holdings and its competitors.
Is Winland Holdings' PB Ratio too high?
Winland Holdings' current PB Ratio is 3.96. The Hardware industry median PB Ratio is 2.31. Winland Holdings' value of 3.96 is 71.4% above this industry median.
How does Winland Holdings' PB Ratio compare to TRCK and IMLE?
Winland Holdings' PB Ratio of 3.96 can be compared against companies in the Hardware industry. The industry median PB Ratio is 2.31. Winland Holdings' value of 3.96 is 71.4% above this benchmark. 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 2,419 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. Winland Holdings's current PB Ratio of 3.96 is 71.4% 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 Winland Holdings 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. Winland Holdings's current PB Ratio is 3.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Winland Holdings stock overvalued right now?
Winland Holdings (WELX) has a current PB Ratio of 3.96. The current PB Ratio is 3.96 and 71.4% above the Hardware industry median of 2.31. 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 Winland Holdings (WELX), the current PB Ratio is 3.96 as of Jul. 16, 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.

Winland Holdings Business Description

Address 424 North Riverfront Drive, Suite 110, Mankato, MN, USA, 56001
Winland Holdings Corp designs and develops critical condition monitoring devices, including EnviroAlert Professional, EnviroAlert, WaterBug, TempAlert, and Power Out Alert, to protect assets from risks such as water damage, humidity, temperature extremes, and power loss across industries such as agriculture, construction, healthcare, and manufacturing. Its products are marketed through an international network of distributors, dealers, and integrators and are compatible with hardwired or wireless alarm systems. The company also offers INSIGHT, a cloud-based monitoring platform providing alerting, reporting, and logging services. It operates through three segments: Winland Electronics, which generates the majority of revenue, Winland Capital Corp., and Winland Mining.