Shandong Wantong Hydraulic Co (BJSE:920839) PB Ratio: 4.16 (As of Sep. 21, 2026) — 62% Above Median

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Director of Data and Quant Analytics at GuruFocus
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BJSE:920839 Shandong Wantong Hydraulic Co Ltd BJSE:920839
86 GF Score
Price ¥23.24
GF Value ¥25.37
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Shandong Wantong Hydraulic Co PB Ratio?

Shandong Wantong Hydraulic Co BJSE:920839 86 PB Ratio is 4.16 as of Sep. 21, 2026, which is 62% above its 10-year median of 2.57. GuruFocus rates BJSE:920839 with a GF Score™ of 86/100 and a GF Value™ of ¥25.37 (Fairly Valued). The stock has 1 warning sign investors should review. Among 2,999 Industrial Products companies, Shandong Wantong Hydraulic Co ranks worse than 73.66% 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 (2026-09-21), Shandong Wantong Hydraulic Co's share price is ¥23.24. Shandong Wantong Hydraulic Co's Book Value per Share for the quarter that ended in Jun. 2026 was ¥5.58. Hence, Shandong Wantong Hydraulic Co's PB Ratio of today is 4.16.

Good Sign:

Shandong Wantong Hydraulic Co Ltd stock PB Ratio (=4.18) is close to 1-year low of 4.11.

The historical rank and industry rank for Shandong Wantong Hydraulic Co's PB Ratio or its related term are showing as below:

BJSE:920839' s PB Ratio Range Over the Past 10 Years
Min: 1.48   Med: 2.57   Max: 10.59
Current: 4.16

During the past 9 years, Shandong Wantong Hydraulic Co's highest PB Ratio was 10.59. The lowest was 1.48. And the median was 2.57.

BJSE:920839's PB Ratio is ranked worse than
73.66% of 2999 companies
in the Industrial Products industry
Industry Median: 2.2 vs BJSE:920839: 4.16

During the past 12 months, Shandong Wantong Hydraulic Co's average Book Value Per Share Growth Rate was 11.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 13.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 11.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 13.40% per year.

During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Shandong Wantong Hydraulic Co was 20.10% per year. The lowest was -7.00% per year. And the median was 12.20% per year.

Back to Basics: PB Ratio


Shandong Wantong Hydraulic Co  (BJSE:920839) 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.


Shandong Wantong Hydraulic Co PB Ratio Related Terms


Shandong Wantong Hydraulic Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Shandong Wantong Hydraulic 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.

Shandong Wantong Hydraulic Co PB Ratio Chart

Shandong Wantong Hydraulic Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only 2.67 1.65 2.80 3.24 7.53

Shandong Wantong Hydraulic 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 6.38 8.00 7.53 5.51 4.69

BJSE:920839 vs GEV, ETN, PH: PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Shandong Wantong Hydraulic 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.


Shandong Wantong Hydraulic Co PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shandong Wantong Hydraulic Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Shandong Wantong Hydraulic Co's PB Ratio falls into.


BJSE:920839
86GF Score
Shandong Wantong Hydraulic Co Ltd BJSE:920839
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shandong Wantong Hydraulic 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.

Shandong Wantong Hydraulic Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2026)
=23.24/5.584
=4.16

* 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 4.16 mean?
Shandong Wantong Hydraulic Co (BJSE:920839) has a PB Ratio of 4.16 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 Shandong Wantong Hydraulic Co and its competitors. This is 62% above median its historical median of 2.57. Over the past decade, Shandong Wantong Hydraulic Co's PB Ratio has ranged from 1.48 to 10.59. According to the industry distribution chart, Shandong Wantong Hydraulic Co ranks #2209 out of 2999 companies in the Industrial Products industry, placing it in the top 73.7%.
Is Shandong Wantong Hydraulic Co's PB Ratio too high?
Shandong Wantong Hydraulic Co's current PB Ratio of 4.16 is 62% above median its 10-year median of 2.57. Over the past 10 years, this metric has ranged from a low of 1.48 to a high of 10.59. The Industrial Products industry median PB Ratio is 2.20. Shandong Wantong Hydraulic Co's value of 4.16 is 89.1% above this industry median. Based on the distribution chart, Shandong Wantong Hydraulic Co ranks #2209 out of 2999 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Shandong Wantong Hydraulic Co has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shandong Wantong Hydraulic Co's PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Shandong Wantong Hydraulic Co ranks #2209 out of 2999 companies for PB Ratio. This places Shandong Wantong Hydraulic Co in the lower half of its industry. The industry median PB Ratio is 2.20. Shandong Wantong Hydraulic Co's value of 4.16 is 89.1% above this benchmark. Historically, Shandong Wantong Hydraulic Co's own PB Ratio has ranged from 1.48 to 10.59 over the past decade. While the company's 10-year median is 2.57 vs. the industry median of 2.20, Shandong Wantong Hydraulic 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. Shandong Wantong Hydraulic Co's current PB Ratio of 4.16 is 89.1% 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 Shandong Wantong Hydraulic 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. Shandong Wantong Hydraulic Co's current PB Ratio is 4.16, which is 62% above median its own 10-year median of 2.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shandong Wantong Hydraulic Co stock overvalued right now?
Based on GuruFocus' analysis, Shandong Wantong Hydraulic Co (BJSE:920839) is currently considered Fairly Valued. The stock's GF Value™ is ¥25.37, compared to a current price of ¥23.24 — trading 8.4% below its estimated fair value. The current PB Ratio is 4.16, which is 62% above median its 10-year median of 2.57 and 89.1% above the Industrial Products industry median of 2.20. Shandong Wantong Hydraulic Co's overall GF Score™ is 86/100 with 1 warning sign 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 Shandong Wantong Hydraulic Co (BJSE:920839), the current PB Ratio is 4.16 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.

Is Shandong Wantong Hydraulic Co (BJSE:920839) Overvalued in 2026?

Based on GuruFocus' analysis, Shandong Wantong Hydraulic Co stock appears to be undervalued. The current stock price of ¥23.24 is trading 8.4% below its estimated GF Value™ of ¥25.37. GuruFocus considers Shandong Wantong Hydraulic Co to be Fairly Valued.

Key valuation signals for BJSE:920839:

  • PB Ratio: 4.16 (62% above median its 10-year median of 2.57)
  • GF Value™: ¥25.37 vs. price of ¥23.24 (8.4% below fair value)
  • GF Score™: 86/100 with 1 warning sign
  • Industry Position: 89.1% above the Industrial Products median (#2209 of 2999)

No single metric tells the full story. See the BJSE:920839 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shandong Wantong Hydraulic Co Business Description

Address No. 1 Shandong Road, Shandong Province, Wulian County, Rizhao City, CHN, 262300
Shandong Wantong Hydraulic Co Ltd engages in research and development, manufacturing, and sales of hydraulic cylinders, mainly producing automobile hydraulic cylinders and mining hydraulic cylinders. Its product offerings comprise Piston cylinders, Telescopic cylinders, Tie rod cylinders, Side tipper cylinders, Excavator hydraulic cylinders, and Suspension cylinders.
86GF Score

Get the complete analysis for BJSE:920839

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

¥23.24
Price
¥25.37
GF Value