Shanghai Chenguang Medical Technologies Co (BJSE:920300) PB Ratio: 5.07 (As of Aug. 20, 2026) — 25% 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:920300 Shanghai Chenguang Medical Technologies Co Ltd BJSE:920300
53 GF Score
Price ¥9.47
GF Value ¥6.57
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Shanghai Chenguang Medical Technologies Co PB Ratio?

Shanghai Chenguang Medical Technologies Co BJSE:920300 53 PB Ratio is 5.07 as of Aug. 20, 2026, which is 25% above its 10-year median of 4.06. GuruFocus rates BJSE:920300 with a GF Score™ of 53/100 and a GF Value™ of ¥6.57 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,985 Industrial Products companies, Shanghai Chenguang Medical Technologies Co ranks worse than 80% 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 (2026-08-20), Shanghai Chenguang Medical Technologies Co's share price is ¥9.47. Shanghai Chenguang Medical Technologies Co's Book Value per Share for the quarter that ended in Mar. 2026 was ¥1.87. Hence, Shanghai Chenguang Medical Technologies Co's PB Ratio of today is 5.07.

Good Sign:

Shanghai Chenguang Medical Technologies Co Ltd stock PB Ratio (=5.17) is close to 1-year low of 4.78.

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

BJSE:920300' s PB Ratio Range Over the Past 10 Years
Min: 1.67   Med: 4.06   Max: 8.56
Current: 5.07

During the past 13 years, Shanghai Chenguang Medical Technologies Co's highest PB Ratio was 8.56. The lowest was 1.67. And the median was 4.06.

BJSE:920300's PB Ratio is ranked worse than
80% of 2985 companies
in the Industrial Products industry
Industry Median: 2.19 vs BJSE:920300: 5.07

During the past 12 months, Shanghai Chenguang Medical Technologies Co's average Book Value Per Share Growth Rate was -26.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -18.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -0.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 1.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Shanghai Chenguang Medical Technologies Co was 56.60% per year. The lowest was -18.00% per year. And the median was 15.60% per year.

Back to Basics: PB Ratio


Shanghai Chenguang Medical Technologies Co  (BJSE:920300) 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.


Shanghai Chenguang Medical Technologies Co PB Ratio Related Terms


Shanghai Chenguang Medical Technologies Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Shanghai Chenguang Medical Technologies 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.

Shanghai Chenguang Medical Technologies Co PB Ratio Chart

Shanghai Chenguang Medical Technologies 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 1.84 4.57 4.37 7.87

Shanghai Chenguang Medical Technologies Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 6.48 7.79 7.05 7.87 6.13

BJSE:920300 vs VRT, BE: PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, Shanghai Chenguang Medical Technologies 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 Chenguang Medical Technologies Co PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shanghai Chenguang Medical Technologies Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Shanghai Chenguang Medical Technologies Co's PB Ratio falls into.


BJSE:920300
53GF Score
Shanghai Chenguang Medical Technologies Co Ltd BJSE:920300
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shanghai Chenguang Medical Technologies 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.

Shanghai Chenguang Medical Technologies Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=9.47/1.868
=5.07

* 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 5.07 mean?
Shanghai Chenguang Medical Technologies Co (BJSE:920300) has a PB Ratio of 5.07 as of Aug. 20, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Shanghai Chenguang Medical Technologies Co and its competitors. This is 25% above median its historical median of 4.06. Over the past decade, Shanghai Chenguang Medical Technologies Co's PB Ratio has ranged from 1.67 to 8.56. According to the industry distribution chart, Shanghai Chenguang Medical Technologies Co ranks #2388 out of 2985 companies in the Industrial Products industry, placing it in the top 80%.
Is Shanghai Chenguang Medical Technologies Co's PB Ratio too high?
Shanghai Chenguang Medical Technologies Co's current PB Ratio of 5.07 is 25% above median its 10-year median of 4.06. Over the past 10 years, this metric has ranged from a low of 1.67 to a high of 8.56. The Industrial Products industry median PB Ratio is 2.19. Shanghai Chenguang Medical Technologies Co's value of 5.07 is 131.5% above this industry median. Based on the distribution chart, Shanghai Chenguang Medical Technologies Co ranks #2388 out of 2985 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Shanghai Chenguang Medical Technologies Co has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Chenguang Medical Technologies Co's PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Shanghai Chenguang Medical Technologies Co ranks #2388 out of 2985 companies for PB Ratio. This places Shanghai Chenguang Medical Technologies Co in the lower half of its industry. The industry median PB Ratio is 2.19. Shanghai Chenguang Medical Technologies Co's value of 5.07 is 131.5% above this benchmark. Historically, Shanghai Chenguang Medical Technologies Co's own PB Ratio has ranged from 1.67 to 8.56 over the past decade. While the company's 10-year median is 4.06 vs. the industry median of 2.19, Shanghai Chenguang Medical Technologies 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 2.19, based on 2,985 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 Chenguang Medical Technologies Co's current PB Ratio of 5.07 is 131.5% 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 Chenguang Medical Technologies Co and its competitors. For the Industrial Products industry, the median PB Ratio is 2.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Chenguang Medical Technologies Co's current PB Ratio is 5.07, which is 25% above median its own 10-year median of 4.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Chenguang Medical Technologies Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Chenguang Medical Technologies Co (BJSE:920300) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥6.57, compared to a current price of ¥9.47 — trading 44.1% above its estimated fair value. The current PB Ratio is 5.07, which is 25% above median its 10-year median of 4.06 and 131.5% above the Industrial Products industry median of 2.19. Shanghai Chenguang Medical Technologies Co's overall GF Score™ is 53/100 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 Shanghai Chenguang Medical Technologies Co (BJSE:920300), the current PB Ratio is 5.07 as of Aug. 20, 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 Shanghai Chenguang Medical Technologies Co (BJSE:920300) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Chenguang Medical Technologies Co stock appears to be overvalued. The current stock price of ¥9.47 is trading 44.1% above its estimated GF Value™ of ¥6.57. GuruFocus considers Shanghai Chenguang Medical Technologies Co to be Significantly Overvalued.

Key valuation signals for BJSE:920300:

  • PB Ratio: 5.07 (25% above median its 10-year median of 4.06)
  • GF Value™: ¥6.57 vs. price of ¥9.47 (44.1% above fair value)
  • GF Score™: 53/100 with 6 warning signs
  • Industry Position: 131.5% above the Industrial Products median (#2388 of 2985)

No single metric tells the full story. See the BJSE:920300 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Chenguang Medical Technologies Co Business Description

Address No. 1269, Huaqing Road, Qingpu District, Shanghai, CHN, 201707
Shanghai Chenguang Medical Technologies Co Ltd engages in research and development, production, and sales of the core hardware of medical imaging superconducting MRI equipment and special magnets in the field of scientific research. The company's product system covers hardware of superconducting MRI devices, including: RF detectors, superconducting magnets, gradient coils, RF amplifiers, gradient amplifiers.
53GF Score

Get the complete analysis for BJSE:920300

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

¥9.47
Price
¥6.57
GF Value