EHang HoldingsEH +2.00%69 PB Ratio is 3.53 as of Jun. 25, 2026, which is 75% below its 10-year median of 14.18. GuruFocus rates EH with a GF Score™ of 69/100 and a GF Value™ of $22.02 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 339 Aerospace & Defense companies, EHang Holdings ranks better than 53.98% 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 (2026-06-25), EHang Holdings's share price is $6.63. EHang Holdings's Book Value per Share for the quarter that ended in Mar. 2026 was $1.88. Hence, EHang Holdings's PB Ratio of today is 3.53.
Good Sign:
EHang Holdings Ltd stock PB Ratio (=3.46) is close to 10-year low of 3.46.
The historical rank and industry rank for EHang Holdings's PB Ratio or its related term are showing as below:
EH'
s PB Ratio Range Over the Past 10 Years
Min: 3.45 Med: 14.18 Max: 160.95
Current: 3.53
During the past 9 years, EHang Holdings's highest PB Ratio was 160.95. The lowest was 3.45. And the median was 14.18.
EH's PB Ratio is ranked better than 53.98% of 339
companies
in the Aerospace & Defense industry
Industry Median: 3.7
vs EH: 3.53
During the past 12 months, EHang Holdings's average Book Value Per Share Growth Rate was 6.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 73.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 19.30% per year.
During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of EHang Holdings was 73.70% per year. The lowest was -27.80% per year. And the median was 5.35% 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.
EHang Holdings PB Ratio Related Terms
EHang Holdings PB Ratio Historical Data
* Premium members only.
The historical data trend for EHang Holdings'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.
For the Aerospace & Defense subindustry, EHang Holdings'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.
EHang Holdings PB Ratio vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, EHang Holdings's PB Ratio distribution charts can be found below:
* The bar in red indicates where EHang Holdings's PB Ratio falls into.
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.
EHang Holdings's PB Ratio for today is calculated as follows:
* 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.
EHang Holdings (EH) has a PB Ratio of 3.53 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on EHang Holdings and its competitors. This is 75% below median its historical median of 14.18. Over the past decade, EHang Holdings' PB Ratio has ranged from 3.45 to 160.95. According to the industry distribution chart, EHang Holdings ranks #156 out of 339 companies in the Aerospace & Defense industry, placing it in the top 46%.
Is EHang Holdings' PB Ratio too high?
EHang Holdings' current PB Ratio of 3.53 is 75% below median its 10-year median of 14.18. Over the past 10 years, this metric has ranged from a low of 3.45 to a high of 160.95. The Aerospace & Defense industry median PB Ratio is 3.70. EHang Holdings' value of 3.53 is 4.6% below this industry median. Based on the distribution chart, EHang Holdings ranks #156 out of 339 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, EHang Holdings has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does EHang Holdings' PB Ratio compare to MRLN and SWBI?
According to the Aerospace & Defense industry distribution chart, EHang Holdings ranks #156 out of 339 companies for PB Ratio. This puts EHang Holdings in the upper half of its industry. The industry median PB Ratio is 3.70. EHang Holdings' value of 3.53 is 4.6% below this benchmark. Historically, EHang Holdings' own PB Ratio has ranged from 3.45 to 160.95 over the past decade. While the company's 10-year median is 14.18 vs. the industry median of 3.70, EHang Holdings has consistently been below 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 Aerospace & Defense company?
The median PB Ratio among Aerospace & Defense companies is 3.70, based on 339 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. EHang Holdings's current PB Ratio of 3.53 is 4.6% below 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 EHang Holdings and its competitors. For the Aerospace & Defense industry, the median PB Ratio is 3.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EHang Holdings's current PB Ratio is 3.53, which is 75% below median its own 10-year median of 14.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EHang Holdings stock overvalued right now?
Based on GuruFocus' analysis, EHang Holdings (EH) is currently considered Possible Value Trap. The stock's GF Value™ is $22.02, compared to a current price of $6.63 — trading 69.9% below its estimated fair value. The current PB Ratio is 3.53, which is 75% below median its 10-year median of 14.18 and 4.6% below the Aerospace & Defense industry median of 3.70. EHang Holdings' overall GF Score™ is 69/100 with 4 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 EHang Holdings (EH), the current PB Ratio is 3.53 as of Jun. 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 EHang Holdings (EH) Overvalued in 2026?
Based on GuruFocus' analysis, EHang Holdings stock appears to be undervalued.
The current stock price of $6.63 is trading 69.9% below its estimated GF Value™ of $22.02.
GuruFocus considers EHang Holdings to be Possible Value Trap.
Key valuation signals for EH:
PB Ratio: 3.53 (75% below median its 10-year median of 14.18)
GF Value™: $22.02 vs. price of $6.63 (69.9% below fair value)
Industry Position: 4.6% below the Aerospace & Defense median (#156 of 339)
No single metric tells the full story. See the EH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
EHang Holdings Ltd is an urban air mobility (UAM) technology platform company focused on autonomous aerial vehicle technology and solutions. The company provides unmanned aerial vehicle (UAV) systems and solutions for air mobility, including passenger transportation and logistics, as well as smart city management and aerial media solutions. Its EH216-S passenger-carrying pilotless eVTOL aircraft has obtained a production certificate and standard airworthiness certificate from the Civil Aviation Administration of China (CAAC).
69GF Score
Get the complete analysis for EH
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
EH has been successfully added to your 
