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MicroTech Medical (Hangzhou) Co Ltd stock PB Ratio (=1.33) is close to 1-year low of 1.28.
The historical rank and industry rank for MicroTech Medical (Hangzhou) Co's PB Ratio or its related term are showing as below:
HKSE:02235'
s PB Ratio Range Over the Past 10 Years
Min: 0.67 Med: 1.25 Max: 15.01
Current: 1.35
During the past 7 years, MicroTech Medical (Hangzhou) Co's highest PB Ratio was 15.01. The lowest was 0.67. And the median was 1.25.
HKSE:02235's PB Ratio is ranked better than 69.91% of 781
companies
in the Medical Devices & Instruments industry
Industry Median: 2.12
vs HKSE:02235: 1.35
During the past 12 months, MicroTech Medical (Hangzhou) Co's average Book Value Per Share Growth Rate was 5.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -2.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 12.30% per year.
During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of MicroTech Medical (Hangzhou) Co was 116.70% per year. The lowest was -7.60% per year. And the median was 17.70% 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.
MicroTech Medical (Hangzhou) Co PB Ratio Related Terms
MicroTech Medical (Hangzhou) Co 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 Medical Devices subindustry, MicroTech Medical (Hangzhou) 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.
MicroTech Medical (Hangzhou) Co PB Ratio vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, MicroTech Medical (Hangzhou) Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where MicroTech Medical (Hangzhou) Co's PB Ratio falls into.
MicroTech Medical (Hangzhou) 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.
* 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.
MicroTech Medical (Hangzhou) Co (HKSE:02235) has a PB Ratio of 1.35 as of Aug. 24, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on MicroTech Medical (Hangzhou) Co and its competitors. This is near median its historical median of 1.25. Over the past decade, MicroTech Medical (Hangzhou) Co's PB Ratio has ranged from 0.67 to 15.01. According to the industry distribution chart, MicroTech Medical (Hangzhou) Co ranks #235 out of 781 companies in the Medical Devices & Instruments industry, placing it in the top 30.1%.
Is MicroTech Medical (Hangzhou) Co's PB Ratio too high?
MicroTech Medical (Hangzhou) Co's current PB Ratio of 1.35 is near median its 10-year median of 1.25. Over the past 10 years, this metric has ranged from a low of 0.67 to a high of 15.01. The Medical Devices & Instruments industry median PB Ratio is 2.12. MicroTech Medical (Hangzhou) Co's value of 1.35 is 36.3% below this industry median. Based on the distribution chart, MicroTech Medical (Hangzhou) Co ranks #235 out of 781 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, MicroTech Medical (Hangzhou) Co has a GF Score™ of 80/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does MicroTech Medical (Hangzhou) Co's PB Ratio compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, MicroTech Medical (Hangzhou) Co ranks #235 out of 781 companies for PB Ratio. This puts MicroTech Medical (Hangzhou) Co in the upper half of its industry. The industry median PB Ratio is 2.12. MicroTech Medical (Hangzhou) Co's value of 1.35 is 36.3% below this benchmark. Historically, MicroTech Medical (Hangzhou) Co's own PB Ratio has ranged from 0.67 to 15.01 over the past decade. While the company's 10-year median is 1.25 vs. the industry median of 2.12, MicroTech Medical (Hangzhou) 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 Medical Devices & Instruments company?
The median PB Ratio among Medical Devices & Instruments companies is 2.12, based on 781 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. MicroTech Medical (Hangzhou) Co's current PB Ratio of 1.35 is 36.3% 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 MicroTech Medical (Hangzhou) Co and its competitors. For the Medical Devices & Instruments industry, the median PB Ratio is 2.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MicroTech Medical (Hangzhou) Co's current PB Ratio is 1.35, which is near median its own 10-year median of 1.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MicroTech Medical (Hangzhou) Co stock overvalued right now?
Based on GuruFocus' analysis, MicroTech Medical (Hangzhou) Co (HKSE:02235) is currently considered Possible Value Trap. The stock's GF Value™ is HK$15.94, compared to a current price of HK$7.26 — trading 54.5% below its estimated fair value. The current PB Ratio is 1.35, which is near median its 10-year median of 1.25 and 36.3% below the Medical Devices & Instruments industry median of 2.12. MicroTech Medical (Hangzhou) Co's overall GF Score™ is 80/100 with 6 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 MicroTech Medical (Hangzhou) Co (HKSE:02235), the current PB Ratio is 1.35 as of Aug. 24, 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 MicroTech Medical (Hangzhou) Co (HKSE:02235) Overvalued in 2026?
Based on GuruFocus' analysis, MicroTech Medical (Hangzhou) Co stock appears to be undervalued.
The current stock price of HK$7.26 is trading 54.5% below its estimated GF Value™ of HK$15.94.
GuruFocus considers MicroTech Medical (Hangzhou) Co to be Possible Value Trap.
Key valuation signals for HKSE:02235:
PB Ratio: 1.35 (near median its 10-year median of 1.25)
GF Value™: HK$15.94 vs. price of HK$7.26 (54.5% below fair value)
Industry Position: 36.3% below the Medical Devices & Instruments median (#235 of 781)
No single metric tells the full story. See the HKSE:02235 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MicroTech Medical (Hangzhou) Co Ltd is focused on diabetes management, providing both diabetes treatment and diabetes monitoring medical devices to improve the diabetes management in China and globally. The Group operates in a large and fast-growing diabetes monitoring, treatment and management market in China and globally with unmet clinical needs. The company derives a majority of its revenue from China.
80GF Score
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