Qingdao Thunderobot Technology Co (BJSE:920190) PB Ratio: 2.92 (As of Aug. 25, 2026) — 13% Above Median

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Director of Data and Quant Analytics at GuruFocus
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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.

BJSE:920190 Qingdao Thunderobot Technology Co Ltd BJSE:920190
80 GF Score
Price ¥24.95
GF Value ¥25.44
Valuation Fairly Valued
! 6 Warning Signs
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What is Qingdao Thunderobot Technology Co PB Ratio?

Qingdao Thunderobot Technology Co BJSE:920190 80 PB Ratio is 2.92 as of Aug. 25, 2026, which is 13% above its 10-year median of 2.59. GuruFocus rates BJSE:920190 with a GF Score™ of 80/100 and a GF Value™ of ¥25.44 (Fairly Valued). The stock has 6 warning signs investors should review. Among 2,413 Hardware companies, Qingdao Thunderobot Technology Co ranks worse than 60.55% 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 (2026-08-25), Qingdao Thunderobot Technology Co's share price is ¥24.95. Qingdao Thunderobot Technology Co's Book Value per Share for the quarter that ended in Jun. 2026 was ¥8.55. Hence, Qingdao Thunderobot Technology Co's PB Ratio of today is 2.92.

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

BJSE:920190' s PB Ratio Range Over the Past 10 Years
Min: 1.09   Med: 2.59   Max: 5.08
Current: 2.91

During the past 11 years, Qingdao Thunderobot Technology Co's highest PB Ratio was 5.08. The lowest was 1.09. And the median was 2.59.

BJSE:920190's PB Ratio is ranked worse than
60.55% of 2413 companies
in the Hardware industry
Industry Median: 2.27 vs BJSE:920190: 2.91

During the past 12 months, Qingdao Thunderobot Technology Co's average Book Value Per Share Growth Rate was 0.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 1.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 13.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 11.70% per year.

During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Qingdao Thunderobot Technology Co was 59.90% per year. The lowest was -8.30% per year. And the median was 8.70% per year.

Back to Basics: PB Ratio


Qingdao Thunderobot Technology Co  (BJSE:920190) 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.


Qingdao Thunderobot Technology Co PB Ratio Related Terms


Qingdao Thunderobot Technology Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Qingdao Thunderobot Technology 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.

Qingdao Thunderobot Technology Co PB Ratio Chart

Qingdao Thunderobot Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 1.46 3.57 3.41 3.27

Qingdao Thunderobot Technology Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 3.94 3.74 3.27 2.47 2.60

BJSE:920190 vs DELL, ANET, SNDK: PB Ratio Comparison

For the Computer Hardware subindustry, Qingdao Thunderobot 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.


Qingdao Thunderobot Technology Co PB Ratio vs Hardware Industry

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

* The bar in red indicates where Qingdao Thunderobot Technology Co's PB Ratio falls into.


BJSE:920190
80GF Score
Qingdao Thunderobot Technology Co Ltd BJSE:920190
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Qingdao Thunderobot 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.

Qingdao Thunderobot Technology Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2026)
=24.95/8.553
=2.92

* 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 2.92 mean?
Qingdao Thunderobot Technology Co (BJSE:920190) has a PB Ratio of 2.92 as of Aug. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Qingdao Thunderobot Technology Co and its competitors. This is 13% above median its historical median of 2.59. Over the past decade, Qingdao Thunderobot Technology Co's PB Ratio has ranged from 1.09 to 5.08. According to the industry distribution chart, Qingdao Thunderobot Technology Co ranks #1461 out of 2413 companies in the Hardware industry, placing it in the top 60.5%.
Is Qingdao Thunderobot Technology Co's PB Ratio too high?
Qingdao Thunderobot Technology Co's current PB Ratio of 2.92 is 13% above median its 10-year median of 2.59. Over the past 10 years, this metric has ranged from a low of 1.09 to a high of 5.08. The Hardware industry median PB Ratio is 2.27. Qingdao Thunderobot Technology Co's value of 2.92 is 28.6% above this industry median. Based on the distribution chart, Qingdao Thunderobot Technology Co ranks #1461 out of 2413 companies in the Hardware industry, which is below the industry midpoint. Overall, Qingdao Thunderobot Technology Co has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Qingdao Thunderobot Technology Co's PB Ratio compare to DELL and ANET?
According to the Hardware industry distribution chart, Qingdao Thunderobot Technology Co ranks #1461 out of 2413 companies for PB Ratio. This places Qingdao Thunderobot Technology Co in the lower half of its industry. The industry median PB Ratio is 2.27. Qingdao Thunderobot Technology Co's value of 2.92 is 28.6% above this benchmark. Historically, Qingdao Thunderobot Technology Co's own PB Ratio has ranged from 1.09 to 5.08 over the past decade. While the company's 10-year median is 2.59 vs. the industry median of 2.27, Qingdao Thunderobot 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 2.27, based on 2,413 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. Qingdao Thunderobot Technology Co's current PB Ratio of 2.92 is 28.6% 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 Qingdao Thunderobot Technology Co and its competitors. For the Hardware industry, the median PB Ratio is 2.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qingdao Thunderobot Technology Co's current PB Ratio is 2.92, which is 13% above median its own 10-year median of 2.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qingdao Thunderobot Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Qingdao Thunderobot Technology Co (BJSE:920190) is currently considered Fairly Valued. The stock's GF Value™ is ¥25.44, compared to a current price of ¥24.95 — trading 1.9% below its estimated fair value. The current PB Ratio is 2.92, which is 13% above median its 10-year median of 2.59 and 28.6% above the Hardware industry median of 2.27. Qingdao Thunderobot Technology Co's overall GF Score™ is 80/100 with 6 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 Qingdao Thunderobot Technology Co (BJSE:920190), the current PB Ratio is 2.92 as of Aug. 25, 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 Qingdao Thunderobot Technology Co (BJSE:920190) Overvalued in 2026?

Based on GuruFocus' analysis, Qingdao Thunderobot Technology Co stock appears to be undervalued. The current stock price of ¥24.95 is trading 1.9% below its estimated GF Value™ of ¥25.44. GuruFocus considers Qingdao Thunderobot Technology Co to be Fairly Valued.

Key valuation signals for BJSE:920190:

  • PB Ratio: 2.92 (13% above median its 10-year median of 2.59)
  • GF Value™: ¥25.44 vs. price of ¥24.95 (1.9% below fair value)
  • GF Score™: 80/100 with 6 warning signs
  • Industry Position: 28.6% above the Hardware median (#1461 of 2413)

No single metric tells the full story. See the BJSE:920190 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Qingdao Thunderobot Technology Co Business Description

Address No. 169 Songling Road, Floor 14, Block A, Qingdao International Innovation Park, Laoshan District, Shandong Province, Qingdao City, CHN, 266101
Qingdao Thunderobot Technology Co Ltd engages in the design, research and development, production, and sales of computer hardware products. It offers computers and computer accessories, Laptops, Keyboards, monitors, and other accessories.
80GF Score

Get the complete analysis for BJSE:920190

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

¥24.95
Price
¥25.44
GF Value