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What is Shenyang Hongyuan Magnet Wire Co PB Ratio?
Shenyang Hongyuan Magnet Wire CoBJSE:920018 42 PB Ratio is 2.49 as of Sep. 21, 2026, which is 37% below its 10-year median of 3.93. GuruFocus rates BJSE:920018 with a GF Score™ of 42/100. The stock has 5 warning signs investors should review. Among 2,999 Industrial Products companies, Shenyang Hongyuan Magnet Wire Co ranks worse than 55.29% on this metric.
BJSE:920018'
s PB Ratio Range Over the Past 10 Years
Min: 2.42 Med: 3.93 Max: 7.1
Current: 2.5
During the past 7 years, Shenyang Hongyuan Magnet Wire Co's highest PB Ratio was 7.10. The lowest was 2.42. And the median was 3.93.
BJSE:920018's PB Ratio is ranked worse than 55.29% of 2999
companies
in the Industrial Products industry
Industry Median: 2.2
vs BJSE:920018: 2.50
During the past 12 months, Shenyang Hongyuan Magnet Wire Co's average Book Value Per Share Growth Rate was 53.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 22.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 19.90% per year.
During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Shenyang Hongyuan Magnet Wire Co was 22.50% per year. The lowest was 17.50% per year. And the median was 18.50% 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.
Shenyang Hongyuan Magnet Wire Co PB Ratio Related Terms
Shenyang Hongyuan Magnet Wire 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.
For the Electrical Equipment & Parts subindustry, Shenyang Hongyuan Magnet Wire 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.
Shenyang Hongyuan Magnet Wire Co PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Shenyang Hongyuan Magnet Wire Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Shenyang Hongyuan Magnet Wire Co's PB Ratio falls into.
Shenyang Hongyuan Magnet Wire 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.
Shenyang Hongyuan Magnet Wire Co (BJSE:920018) has a PB Ratio of 2.49 as of Sep. 21, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Shenyang Hongyuan Magnet Wire Co and its competitors. This is 37% below median its historical median of 3.93. Over the past decade, Shenyang Hongyuan Magnet Wire Co's PB Ratio has ranged from 2.42 to 7.10. According to the industry distribution chart, Shenyang Hongyuan Magnet Wire Co ranks #1658 out of 2999 companies in the Industrial Products industry, placing it in the top 55.3%.
Is Shenyang Hongyuan Magnet Wire Co's PB Ratio too high?
Shenyang Hongyuan Magnet Wire Co's current PB Ratio of 2.49 is 37% below median its 10-year median of 3.93. Over the past 10 years, this metric has ranged from a low of 2.42 to a high of 7.10. The Industrial Products industry median PB Ratio is 2.20. Shenyang Hongyuan Magnet Wire Co's value of 2.49 is 13.2% above this industry median. Based on the distribution chart, Shenyang Hongyuan Magnet Wire Co ranks #1658 out of 2999 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Shenyang Hongyuan Magnet Wire Co has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does Shenyang Hongyuan Magnet Wire Co's PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Shenyang Hongyuan Magnet Wire Co ranks #1658 out of 2999 companies for PB Ratio. This places Shenyang Hongyuan Magnet Wire Co in the lower half of its industry. The industry median PB Ratio is 2.20. Shenyang Hongyuan Magnet Wire Co's value of 2.49 is 13.2% above this benchmark. Historically, Shenyang Hongyuan Magnet Wire Co's own PB Ratio has ranged from 2.42 to 7.10 over the past decade. While the company's 10-year median is 3.93 vs. the industry median of 2.20, Shenyang Hongyuan Magnet Wire 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 an Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.20, based on 2,999 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. Shenyang Hongyuan Magnet Wire Co's current PB Ratio of 2.49 is 13.2% 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 Shenyang Hongyuan Magnet Wire Co and its competitors. For the Industrial Products industry, the median PB Ratio is 2.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shenyang Hongyuan Magnet Wire Co's current PB Ratio is 2.49, which is 37% below median its own 10-year median of 3.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenyang Hongyuan Magnet Wire Co stock overvalued right now?
Shenyang Hongyuan Magnet Wire Co (BJSE:920018) has a current PB Ratio of 2.49. The current PB Ratio is 2.49, which is 37% below median its 10-year median of 3.93 and 13.2% above the Industrial Products industry median of 2.20. Shenyang Hongyuan Magnet Wire Co's overall GF Score™ is 42/100 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 Shenyang Hongyuan Magnet Wire Co (BJSE:920018), the current PB Ratio is 2.49 as of Sep. 21, 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.
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