BaTeLab Co (HKSE:02149) PB Ratio: 1.26 (As of Aug. 05, 2026) — 29% Below Median

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HKSE:02149 BaTeLab Co Ltd HKSE:02149
49 GF Score
Price HK$28.28
! 7 Warning Signs
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What is BaTeLab Co PB Ratio?

BaTeLab Co HKSE:02149 +1.00% 49 PB Ratio is 1.26 as of Aug. 05, 2026, which is 29% below its 10-year median of 1.77. GuruFocus rates HKSE:02149 with a GF Score™ of 49/100. The stock has 7 warning signs investors should review. Among 999 Semiconductors companies, BaTeLab Co ranks better than 81.18% 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 (2026-08-05), BaTeLab Co's share price is HK$28.28. BaTeLab Co's Book Value per Share for the quarter that ended in Dec. 2025 was HK$22.50. Hence, BaTeLab Co's PB Ratio of today is 1.26.

Good Sign:

BaTeLab Co Ltd stock PB Ratio (=1.24) is close to 3-year low of 1.24.

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

HKSE:02149' s PB Ratio Range Over the Past 10 Years
Min: 1.24   Med: 1.77   Max: 4.1
Current: 1.26

During the past 6 years, BaTeLab Co's highest PB Ratio was 4.10. The lowest was 1.24. And the median was 1.77.

HKSE:02149's PB Ratio is ranked better than
81.18% of 999 companies
in the Semiconductors industry
Industry Median: 3.21 vs HKSE:02149: 1.26

During the past 12 months, BaTeLab Co's average Book Value Per Share Growth Rate was 25.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 45.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 85.00% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of BaTeLab Co was 183.90% per year. The lowest was 42.90% per year. And the median was 45.10% per year.

Back to Basics: PB Ratio


BaTeLab Co  (HKSE:02149) 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.


BaTeLab Co PB Ratio Related Terms


BaTeLab Co PB Ratio Historical Data

* Premium members only.

The historical data trend for BaTeLab 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.

BaTeLab Co PB Ratio Chart

BaTeLab Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial 0.00 0.00 1.64 1.52 1.87

BaTeLab Co Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.64 1.47 1.52 2.86 1.87

HKSE:02149 vs AMAT, LRCX, KLAC: PB Ratio Comparison

For the Semiconductor Equipment & Materials subindustry, BaTeLab 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.


BaTeLab Co PB Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, BaTeLab Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where BaTeLab Co's PB Ratio falls into.


HKSE:02149
49GF Score
BaTeLab Co Ltd HKSE:02149
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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BaTeLab 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.

BaTeLab Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=28.28/22.495
=1.26

* 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 1.26 mean?
BaTeLab Co (HKSE:02149) has a PB Ratio of 1.26 as of Aug. 05, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on BaTeLab Co and its competitors. This is 29% below median its historical median of 1.77. Over the past decade, BaTeLab Co's PB Ratio has ranged from 1.24 to 4.10. According to the industry distribution chart, BaTeLab Co ranks #188 out of 999 companies in the Semiconductors industry, placing it in the top 18.8%.
Is BaTeLab Co's PB Ratio too high?
BaTeLab Co's current PB Ratio of 1.26 is 29% below median its 10-year median of 1.77. Over the past 10 years, this metric has ranged from a low of 1.24 to a high of 4.10. The Semiconductors industry median PB Ratio is 3.21. BaTeLab Co's value of 1.26 is 60.7% below this industry median. Based on the distribution chart, BaTeLab Co ranks #188 out of 999 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, BaTeLab Co has a GF Score™ of 49/100, reflecting its overall financial health beyond just this single metric.
How does BaTeLab Co's PB Ratio compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, BaTeLab Co ranks #188 out of 999 companies for PB Ratio. This places BaTeLab Co in the top 19% of its industry — outperforming the majority of peers. The industry median PB Ratio is 3.21. BaTeLab Co's value of 1.26 is 60.7% below this benchmark. Historically, BaTeLab Co's own PB Ratio has ranged from 1.24 to 4.10 over the past decade. While the company's 10-year median is 1.77 vs. the industry median of 3.21, BaTeLab Co 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 Semiconductors company?
The median PB Ratio among Semiconductors companies is 3.21, based on 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. BaTeLab Co's current PB Ratio of 1.26 is 60.7% 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 BaTeLab Co and its competitors. For the Semiconductors industry, the median PB Ratio is 3.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BaTeLab Co's current PB Ratio is 1.26, which is 29% below median its own 10-year median of 1.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BaTeLab Co stock overvalued right now?
BaTeLab Co (HKSE:02149) has a current PB Ratio of 1.26. The current PB Ratio is 1.26, which is 29% below median its 10-year median of 1.77 and 60.7% below the Semiconductors industry median of 3.21. BaTeLab Co's overall GF Score™ is 49/100 with 7 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 BaTeLab Co (HKSE:02149), the current PB Ratio is 1.26 as of Aug. 05, 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.

BaTeLab Co Business Description

Address No. 150 Jici Road, Building 1, Science and Technology Town, Gaoxin District, Jiangsu Province, Suzhou, CHN, 215011
BaTeLab Co Ltd is a provider of industrial-grade analog IC patterned wafers in China. Based on self-developed electronic design automation (EDA) and reusable intellectual property (IP) libraries, its deliverable products are analog IC patterned wafers with completed built-on circuits, which can be fabricated into individual IC chips by downstream customers through standard and straightforward package testing. The company covers multiple product areas, including switching regulators, multi-channel ICs and power management ICs, linear regulators, battery management ICs, monitoring and modem ICs, driver ICs, and linear products. Its products are used across various industries such as industrial automation, automotive electronics, industrial IoT, communications, consumer electronics, etc.
49GF Score

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HK$28.28
Price