MingYang Smart Energy GroupFRA:RW20 71 PB Ratio is 1.50 as of Jul. 10, 2026, which is 27% below its 10-year median of 2.05. GuruFocus rates FRA:RW20 with a GF Score™ of 71/100 and a GF Value™ of €15.69. The stock has 10 warning signs investors should review. Among 2,979 Industrial Products companies, MingYang Smart Energy Group ranks better than 78.78% on this metric.
MingYang Smart Energy Group Ltd stock PB Ratio (=1.01) is close to 1-year low of 0.97.
The historical rank and industry rank for MingYang Smart Energy Group's PB Ratio or its related term are showing as below:
FRA:RW20'
s PB Ratio Range Over the Past 10 Years
Min: 0.71 Med: 2.05 Max: 3.82
Current: 1.01
During the past 13 years, MingYang Smart Energy Group's highest PB Ratio was 3.82. The lowest was 0.71. And the median was 2.05.
FRA:RW20's PB Ratio is ranked better than 78.78% of 2979
companies
in the Industrial Products industry
Industry Median: 2.23
vs FRA:RW20: 1.01
During the past 12 months, MingYang Smart Energy Group's average Book Value Per Share Growth Rate was -0.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -2.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 7.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 18.30% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of MingYang Smart Energy Group was 131.00% per year. The lowest was -2.00% per year. And the median was 13.65% per year.
Back to Basics: PB Ratio
MingYang Smart Energy Group (FRA:RW20) 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.
MingYang Smart Energy Group PB Ratio Related Terms
MingYang Smart Energy 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 Specialty Industrial Machinery subindustry, MingYang Smart Energy 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.
MingYang Smart Energy Group PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, MingYang Smart Energy Group's PB Ratio distribution charts can be found below:
* The bar in red indicates where MingYang Smart Energy Group'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.
* 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.
MingYang Smart Energy Group (FRA:RW20) has a PB Ratio of 1.50 as of Jul. 10, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on MingYang Smart Energy Group and its competitors. This is 27% below median its historical median of 2.05. Over the past decade, MingYang Smart Energy Group's PB Ratio has ranged from 0.71 to 3.82. According to the industry distribution chart, MingYang Smart Energy Group ranks #632 out of 2979 companies in the Industrial Products industry, placing it in the top 21.2%.
Is MingYang Smart Energy Group's PB Ratio too high?
MingYang Smart Energy Group's current PB Ratio of 1.50 is 27% below median its 10-year median of 2.05. Over the past 10 years, this metric has ranged from a low of 0.71 to a high of 3.82. The Industrial Products industry median PB Ratio is 2.23. MingYang Smart Energy Group's value of 1.50 is 32.7% below this industry median. Based on the distribution chart, MingYang Smart Energy Group ranks #632 out of 2979 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, MingYang Smart Energy Group has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does MingYang Smart Energy Group's PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, MingYang Smart Energy Group ranks #632 out of 2979 companies for PB Ratio. This places MingYang Smart Energy Group in the top 21% of its industry — outperforming the majority of peers. The industry median PB Ratio is 2.23. MingYang Smart Energy Group's value of 1.50 is 32.7% below this benchmark. Historically, MingYang Smart Energy Group's own PB Ratio has ranged from 0.71 to 3.82 over the past decade. While the company's 10-year median is 2.05 vs. the industry median of 2.23, MingYang Smart Energy 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 an Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.23, based on 2,979 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. MingYang Smart Energy Group's current PB Ratio of 1.50 is 32.7% 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 MingYang Smart Energy Group and its competitors. For the Industrial Products industry, the median PB Ratio is 2.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MingYang Smart Energy Group's current PB Ratio is 1.50, which is 27% below median its own 10-year median of 2.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MingYang Smart Energy Group stock overvalued right now?
MingYang Smart Energy Group (FRA:RW20) has a current PB Ratio of 1.50. The stock's GF Value™ is €15.69, compared to a current price of €11.00 — trading 29.9% below its estimated fair value. The current PB Ratio is 1.50, which is 27% below median its 10-year median of 2.05 and 32.7% below the Industrial Products industry median of 2.23. MingYang Smart Energy Group's overall GF Score™ is 71/100 with 10 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 MingYang Smart Energy Group (FRA:RW20), the current PB Ratio is 1.50 as of Jul. 10, 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 MingYang Smart Energy Group (FRA:RW20) Overvalued in 2026?
Based on GuruFocus' analysis, MingYang Smart Energy Group stock appears to be undervalued.
The current stock price of €11.00 is trading 29.9% below its estimated GF Value™ of €15.69.
Key valuation signals for FRA:RW20:
PB Ratio: 1.50 (27% below median its 10-year median of 2.05)
GF Value™: €15.69 vs. price of €11.00 (29.9% below fair value)
Industry Position: 32.7% below the Industrial Products median (#632 of 2979)
No single metric tells the full story. See the FRA:RW20 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MingYang Smart Energy Group Ltd is a wind turbine manufacturer that provides accessible green and smart energy and a full lifecycle renewable solutions provider. The Group's business is divided into segments namely High-end energy equipment manufacturing sector, wind turbine equipment manufacturing and sales, Operation and maintenance services and photovoltaic products manufacturing and sales; and Energy products and services sector includes construction, management, and operation of energy investment projects, power demand side management, energy efficiency management.
71GF Score
Get the complete analysis for FRA:RW20
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