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.
Hebei Yichen Industrial GroupFRA:HE2 -4.17%70 PB Ratio is 0.10 as of Jul. 25, 2026, which is 93% below its 10-year median of 1.43. GuruFocus rates FRA:HE2 with a GF Score™ of 70/100 and a GF Value™ of €0.45 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 964 Transportation companies, Hebei Yichen Industrial Group ranks better than 99.27% on this metric.
Hebei Yichen Industrial Group Corp Ltd stock PB Ratio (=0.1) is close to 10-year low of 0.1.
The historical rank and industry rank for Hebei Yichen Industrial Group's PB Ratio or its related term are showing as below:
FRA:HE2'
s PB Ratio Range Over the Past 10 Years
Min: 0.1 Med: 1.43 Max: 3.36
Current: 0.1
During the past 13 years, Hebei Yichen Industrial Group's highest PB Ratio was 3.36. The lowest was 0.10. And the median was 1.43.
FRA:HE2's PB Ratio is ranked better than 99.27% of 964
companies
in the Transportation industry
Industry Median: 1.24
vs FRA:HE2: 0.10
During the past 12 months, Hebei Yichen Industrial Group's average Book Value Per Share Growth Rate was 16.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 2.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 1.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 8.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Hebei Yichen Industrial Group was 48.10% per year. The lowest was -4.00% per year. And the median was 8.40% per year.
Back to Basics: PB Ratio
Hebei Yichen Industrial Group (FRA:HE2) PB Ratio Explanation
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.
Hebei Yichen Industrial Group PB Ratio Related Terms
Hebei Yichen Industrial Group 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.
For the Railroads subindustry, Hebei Yichen Industrial Group'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.
Hebei Yichen Industrial Group PB Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, Hebei Yichen Industrial Group's PB Ratio distribution charts can be found below:
* The bar in red indicates where Hebei Yichen Industrial Group's PB Ratio falls into.
Hebei Yichen Industrial Group 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.
Hebei Yichen Industrial Group (FRA:HE2) has a PB Ratio of 0.10 as of Jul. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Hebei Yichen Industrial Group and its competitors. This is 93% below median its historical median of 1.43. Over the past decade, Hebei Yichen Industrial Group's PB Ratio has ranged from 0.10 to 3.36. According to the industry distribution chart, Hebei Yichen Industrial Group ranks #7 out of 964 companies in the Transportation industry, placing it in the top 0.7%.
Is Hebei Yichen Industrial Group's PB Ratio too high?
Hebei Yichen Industrial Group's current PB Ratio of 0.10 is 93% below median its 10-year median of 1.43. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 3.36. The Transportation industry median PB Ratio is 1.24. Hebei Yichen Industrial Group's value of 0.10 is 91.9% below this industry median. Based on the distribution chart, Hebei Yichen Industrial Group ranks #7 out of 964 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Hebei Yichen Industrial Group has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hebei Yichen Industrial Group's PB Ratio compare to UNP and CSX?
According to the Transportation industry distribution chart, Hebei Yichen Industrial Group ranks #7 out of 964 companies for PB Ratio. This places Hebei Yichen Industrial Group in the top 1% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.24. Hebei Yichen Industrial Group's value of 0.10 is 91.9% below this benchmark. Historically, Hebei Yichen Industrial Group's own PB Ratio has ranged from 0.10 to 3.36 over the past decade. While the company's 10-year median is 1.43 vs. the industry median of 1.24, Hebei Yichen Industrial Group 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 a Transportation company?
The median PB Ratio among Transportation companies is 1.24, based on 964 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. Hebei Yichen Industrial Group's current PB Ratio of 0.10 is 91.9% 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 Hebei Yichen Industrial Group and its competitors. For the Transportation industry, the median PB Ratio is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hebei Yichen Industrial Group's current PB Ratio is 0.10, which is 93% below median its own 10-year median of 1.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hebei Yichen Industrial Group stock overvalued right now?
Based on GuruFocus' analysis, Hebei Yichen Industrial Group (FRA:HE2) is currently considered Possible Value Trap. The stock's GF Value™ is €0.45, compared to a current price of €0.03 — trading 92.3% below its estimated fair value. The current PB Ratio is 0.10, which is 93% below median its 10-year median of 1.43 and 91.9% below the Transportation industry median of 1.24. Hebei Yichen Industrial Group's overall GF Score™ is 70/100 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 Hebei Yichen Industrial Group (FRA:HE2), the current PB Ratio is 0.10 as of Jul. 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 Hebei Yichen Industrial Group (FRA:HE2) Overvalued in 2026?
Based on GuruFocus' analysis, Hebei Yichen Industrial Group stock appears to be undervalued.
The current stock price of €0.03 is trading 92.3% below its estimated GF Value™ of €0.45.
GuruFocus considers Hebei Yichen Industrial Group to be Possible Value Trap.
Key valuation signals for FRA:HE2:
PB Ratio: 0.10 (93% below median its 10-year median of 1.43)
GF Value™: €0.45 vs. price of €0.03 (92.3% below fair value)
Industry Position: 91.9% below the Transportation median (#7 of 964)
No single metric tells the full story. See the FRA:HE2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hebei Yichen Industrial Group Business Description
Hebei Yichen Industrial Group Corp Ltd is engaged in research and development, manufacturing and sales of rail fastening system products, welding wire products and railway sleeper products. Its products include Spring bar IV fastening system, Spring bar V fastening system, WJ-7 fastening system, DT-VI2 fastening system, WJ-2 fastening system, Double layer non-linear shock absorber fastening system, among others. It operates in three business segments, including rail fastening system products; welding wire products; and railway sleeper products.
70GF Score
Get the complete analysis for FRA:HE2
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
FRA:HE2 has been successfully added to your 
