GTEC (Greenland Technologies Holding) PB Ratio: 0.17 (As of Jul. 21, 2026) — 67% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

GTEC Greenland Technologies Holding Corp GTEC
53 GF Score
Price $0.54
GF Value $1.32
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is Greenland Technologies Holding PB Ratio?

Greenland Technologies Holding GTEC -3.66% 53 PB Ratio is 0.17 as of Jul. 21, 2026, which is 67% below its 10-year median of 0.51. GuruFocus rates GTEC with a GF Score™ of 53/100 and a GF Value™ of $1.32 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 1,294 Vehicles & Parts companies, Greenland Technologies Holding ranks better than 98.15% 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 (2026-07-21), Greenland Technologies Holding's share price is $0.5417. Greenland Technologies Holding's Book Value per Share for the quarter that ended in Mar. 2026 was $3.17. Hence, Greenland Technologies Holding's PB Ratio of today is 0.17.

The historical rank and industry rank for Greenland Technologies Holding's PB Ratio or its related term are showing as below:

GTEC' s PB Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.51   Max: 3.53
Current: 0.17

During the past 8 years, Greenland Technologies Holding's highest PB Ratio was 3.53. The lowest was 0.15. And the median was 0.51.

GTEC's PB Ratio is ranked better than
98.15% of 1294 companies
in the Vehicles & Parts industry
Industry Median: 1.355 vs GTEC: 0.17

During the past 12 months, Greenland Technologies Holding's average Book Value Per Share Growth Rate was -33.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -6.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -3.40% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Greenland Technologies Holding was 85.20% per year. The lowest was -6.90% per year. And the median was -5.70% per year.

Back to Basics: PB Ratio


Greenland Technologies Holding  (NAS:GTEC) 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.


Greenland Technologies Holding PB Ratio Related Terms


Greenland Technologies Holding PB Ratio Historical Data

* Premium members only.

The historical data trend for Greenland Technologies Holding'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.

Greenland Technologies Holding PB Ratio Chart

Greenland Technologies Holding Annual Data
Trend Nov18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial 1.17 0.43 0.76 0.44 0.15

Greenland Technologies Holding Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.37 0.50 0.30 0.15 0.22

GTEC vs WKSP, INEO, REE: PB Ratio Comparison

For the Auto Parts subindustry, Greenland Technologies Holding'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.


Greenland Technologies Holding PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Greenland Technologies Holding's PB Ratio distribution charts can be found below:

* The bar in red indicates where Greenland Technologies Holding's PB Ratio falls into.


GTEC
53GF Score
Greenland Technologies Holding Corp GTEC
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Greenland Technologies Holding 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.

Greenland Technologies Holding's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=0.5417/3.174
=0.17

* 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 0.17 mean?
Greenland Technologies Holding (GTEC) has a PB Ratio of 0.17 as of Jul. 21, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Greenland Technologies Holding and its competitors. This is 67% below median its historical median of 0.51. Over the past decade, Greenland Technologies Holding's PB Ratio has ranged from 0.15 to 3.53. According to the industry distribution chart, Greenland Technologies Holding ranks #24 out of 1294 companies in the Vehicles & Parts industry, placing it in the top 1.9%.
Is Greenland Technologies Holding's PB Ratio too high?
Greenland Technologies Holding's current PB Ratio of 0.17 is 67% below median its 10-year median of 0.51. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 3.53. The Vehicles & Parts industry median PB Ratio is 1.36. Greenland Technologies Holding's value of 0.17 is 87.5% below this industry median. Based on the distribution chart, Greenland Technologies Holding ranks #24 out of 1294 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Greenland Technologies Holding has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Greenland Technologies Holding's PB Ratio compare to WKSP and INEO?
According to the Vehicles & Parts industry distribution chart, Greenland Technologies Holding ranks #24 out of 1294 companies for PB Ratio. This places Greenland Technologies Holding in the top 2% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.36. Greenland Technologies Holding's value of 0.17 is 87.5% below this benchmark. Historically, Greenland Technologies Holding's own PB Ratio has ranged from 0.15 to 3.53 over the past decade. While the company's 10-year median is 0.51 vs. the industry median of 1.36, Greenland Technologies Holding 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 Vehicles & Parts company?
The median PB Ratio among Vehicles & Parts companies is 1.36, based on 1,294 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. Greenland Technologies Holding's current PB Ratio of 0.17 is 87.5% 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 Greenland Technologies Holding and its competitors. For the Vehicles & Parts industry, the median PB Ratio is 1.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Greenland Technologies Holding's current PB Ratio is 0.17, which is 67% below median its own 10-year median of 0.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Greenland Technologies Holding stock overvalued right now?
Based on GuruFocus' analysis, Greenland Technologies Holding (GTEC) is currently considered Possible Value Trap. The stock's GF Value™ is $1.32, compared to a current price of $0.54 — trading 59% below its estimated fair value. The current PB Ratio is 0.17, which is 67% below median its 10-year median of 0.51 and 87.5% below the Vehicles & Parts industry median of 1.36. Greenland Technologies Holding's overall GF Score™ is 53/100 with 2 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 Greenland Technologies Holding (GTEC), the current PB Ratio is 0.17 as of Jul. 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 Greenland Technologies Holding (GTEC) Overvalued in 2026?

Based on GuruFocus' analysis, Greenland Technologies Holding stock appears to be undervalued. The current stock price of $0.54 is trading 59% below its estimated GF Value™ of $1.32. GuruFocus considers Greenland Technologies Holding to be Possible Value Trap.

Key valuation signals for GTEC:

  • PB Ratio: 0.17 (67% below median its 10-year median of 0.51)
  • GF Value™: $1.32 vs. price of $0.54 (59% below fair value)
  • GF Score™: 53/100 with 2 warning signs
  • Industry Position: 87.5% below the Vehicles & Parts median (#24 of 1294)

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


Greenland Technologies Holding Business Description

Address 50 Millstone Road, Building 400, Suite 130, Zhejiang, East Windsor, NJ, USA, 08512
Greenland Technologies Holding Corp is a developer of quality solutions in the material handling industry. It is a transmission and drivetrain systems provider for material handling equipment such as forklift trucks for industrial and logistic applications. Geographically, the company has its presence in Domestic and International markets and earns majority of the revenue from Domestic Sales.
53GF Score

Get the complete analysis for GTEC

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

$0.54
Price
$1.32
GF Value