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.
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.
The historical rank and industry rank for Weihai Tiangang Instrument Co's PB Ratio or its related term are showing as below:
BJSE:920651'
s PB Ratio Range Over the Past 10 Years
Min: 1.4 Med: 2.56 Max: 6.46
Current: 2.85
During the past 13 years, Weihai Tiangang Instrument Co's highest PB Ratio was 6.46. The lowest was 1.40. And the median was 2.56.
BJSE:920651's PB Ratio is ranked worse than 59.45% of 2419
companies
in the Hardware industry
Industry Median: 2.26
vs BJSE:920651: 2.85
During the past 12 months, Weihai Tiangang Instrument Co's average Book Value Per Share Growth Rate was 7.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 19.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 16.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 11.00% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Weihai Tiangang Instrument Co was 19.10% per year. The lowest was 4.40% per year. And the median was 9.00% 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.
Weihai Tiangang Instrument Co PB Ratio Related Terms
Weihai Tiangang Instrument 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.
BJSE:920651 vs COHR, KEYS, GRMN: PB Ratio Comparison
For the Scientific & Technical Instruments subindustry, Weihai Tiangang Instrument 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.
Weihai Tiangang Instrument Co PB Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Weihai Tiangang Instrument Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Weihai Tiangang Instrument Co's PB Ratio falls into.
Weihai Tiangang Instrument 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.
Weihai Tiangang Instrument Co (BJSE:920651) has a PB Ratio of 2.85 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 Weihai Tiangang Instrument Co and its competitors. This is 11% above median its historical median of 2.56. Over the past decade, Weihai Tiangang Instrument Co's PB Ratio has ranged from 1.40 to 6.46. According to the industry distribution chart, Weihai Tiangang Instrument Co ranks #1438 out of 2419 companies in the Hardware industry, placing it in the top 59.4%.
Is Weihai Tiangang Instrument Co's PB Ratio too high?
Weihai Tiangang Instrument Co's current PB Ratio of 2.85 is 11% above median its 10-year median of 2.56. Over the past 10 years, this metric has ranged from a low of 1.40 to a high of 6.46. The Hardware industry median PB Ratio is 2.26. Weihai Tiangang Instrument Co's value of 2.85 is 26.1% above this industry median. Based on the distribution chart, Weihai Tiangang Instrument Co ranks #1438 out of 2419 companies in the Hardware industry, which is below the industry midpoint. Overall, Weihai Tiangang Instrument Co has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Weihai Tiangang Instrument Co's PB Ratio compare to COHR and KEYS?
According to the Hardware industry distribution chart, Weihai Tiangang Instrument Co ranks #1438 out of 2419 companies for PB Ratio. This places Weihai Tiangang Instrument Co in the lower half of its industry. The industry median PB Ratio is 2.26. Weihai Tiangang Instrument Co's value of 2.85 is 26.1% above this benchmark. Historically, Weihai Tiangang Instrument Co's own PB Ratio has ranged from 1.40 to 6.46 over the past decade. While the company's 10-year median is 2.56 vs. the industry median of 2.26, Weihai Tiangang Instrument 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 2.26, 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. Weihai Tiangang Instrument Co's current PB Ratio of 2.85 is 26.1% 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 Weihai Tiangang Instrument Co and its competitors. For the Hardware industry, the median PB Ratio is 2.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Weihai Tiangang Instrument Co's current PB Ratio is 2.85, which is 11% above median its own 10-year median of 2.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Weihai Tiangang Instrument Co stock overvalued right now?
Based on GuruFocus' analysis, Weihai Tiangang Instrument Co (BJSE:920651) is currently considered Fairly Valued. The stock's GF Value™ is ¥28.18, compared to a current price of ¥25.73 — trading 8.7% below its estimated fair value. The current PB Ratio is 2.85, which is 11% above median its 10-year median of 2.56 and 26.1% above the Hardware industry median of 2.26. Weihai Tiangang Instrument Co's overall GF Score™ is 82/100 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 Weihai Tiangang Instrument Co (BJSE:920651), the current PB Ratio is 2.85 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 Weihai Tiangang Instrument Co (BJSE:920651) Overvalued in 2026?
Based on GuruFocus' analysis, Weihai Tiangang Instrument Co stock appears to be undervalued.
The current stock price of ¥25.73 is trading 8.7% below its estimated GF Value™ of ¥28.18.
GuruFocus considers Weihai Tiangang Instrument Co to be Fairly Valued.
Key valuation signals for BJSE:920651:
PB Ratio: 2.85 (11% above median its 10-year median of 2.56)
GF Value™: ¥28.18 vs. price of ¥25.73 (8.7% below fair value)
Industry Position: 26.1% above the Hardware median (#1438 of 2419)
No single metric tells the full story. See the BJSE:920651 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Weihai Tiangang Instrument Co Ltd engages in research and development, production, and sales of IoT ultrasonic measuring instruments such as ultrasonic heat meters, ultrasonic flow sensors, data transmission products, and ultrasonic water meters.
82GF Score
Get the complete analysis for BJSE:920651
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BJSE:920651 has been successfully added to your 
