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HKSE:02865's PB Ratio is ranked worse than 50.8% of 1000
companies
in the Semiconductors industry
Industry Median: 3.37
vs HKSE:02865: 3.47
During the past 12 months, Hainan Drinda New Energy Technology Co's average Book Value Per Share Growth Rate was 0.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 33.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 28.30% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 14.80% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Hainan Drinda New Energy Technology Co was 52.70% per year. The lowest was -9.50% per year. And the median was 11.05% 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.
Hainan Drinda New Energy Technology Co PB Ratio Related Terms
Hainan Drinda New Energy Technology 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.
Hainan Drinda New Energy Technology Co PB Ratio Chart
Hainan Drinda New Energy Technology Co Annual Data
HKSE:02865 vs FSLR, NXT, ENPH: PB Ratio Comparison
For the Solar subindustry, Hainan Drinda New Energy Technology 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.
Hainan Drinda New Energy Technology Co PB Ratio vs Semiconductors Industry
Hainan Drinda New Energy Technology 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.
Hainan Drinda New Energy Technology Co (HKSE:02865) has a PB Ratio of 1.23 as of Aug. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Hainan Drinda New Energy Technology Co and its competitors. This is 60% below median its historical median of 3.07. Over the past decade, Hainan Drinda New Energy Technology Co's PB Ratio has ranged from 1.68 to 48.29. According to the industry distribution chart, Hainan Drinda New Energy Technology Co ranks #508 out of 1000 companies in the Semiconductors industry, placing it in the top 50.8%.
Is Hainan Drinda New Energy Technology Co's PB Ratio too high?
Hainan Drinda New Energy Technology Co's current PB Ratio of 1.23 is 60% below median its 10-year median of 3.07. Over the past 10 years, this metric has ranged from a low of 1.68 to a high of 48.29. The Semiconductors industry median PB Ratio is 3.37. Hainan Drinda New Energy Technology Co's value of 1.23 is 63.5% below this industry median. Based on the distribution chart, Hainan Drinda New Energy Technology Co ranks #508 out of 1000 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Hainan Drinda New Energy Technology Co has a GF Score™ of 59/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hainan Drinda New Energy Technology Co's PB Ratio compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Hainan Drinda New Energy Technology Co ranks #508 out of 1000 companies for PB Ratio. This places Hainan Drinda New Energy Technology Co in the lower half of its industry. The industry median PB Ratio is 3.37. Hainan Drinda New Energy Technology Co's value of 1.23 is 63.5% below this benchmark. Historically, Hainan Drinda New Energy Technology Co's own PB Ratio has ranged from 1.68 to 48.29 over the past decade. While the company's 10-year median is 3.07 vs. the industry median of 3.37, Hainan Drinda New Energy Technology 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 3.37, based on 1,000 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. Hainan Drinda New Energy Technology Co's current PB Ratio of 1.23 is 63.5% 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 Hainan Drinda New Energy Technology Co and its competitors. For the Semiconductors industry, the median PB Ratio is 3.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hainan Drinda New Energy Technology Co's current PB Ratio is 1.23, which is 60% below median its own 10-year median of 3.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hainan Drinda New Energy Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Hainan Drinda New Energy Technology Co (HKSE:02865) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$14.87, compared to a current price of HK$18.10 — trading 21.7% above its estimated fair value. The current PB Ratio is 1.23, which is 60% below median its 10-year median of 3.07 and 63.5% below the Semiconductors industry median of 3.37. Hainan Drinda New Energy Technology Co's overall GF Score™ is 59/100 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 Hainan Drinda New Energy Technology Co (HKSE:02865), the current PB Ratio is 1.23 as of Aug. 14, 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 Hainan Drinda New Energy Technology Co (HKSE:02865) Overvalued in 2026?
Based on GuruFocus' analysis, Hainan Drinda New Energy Technology Co stock appears to be overvalued.
The current stock price of HK$18.10 is trading 21.7% above its estimated GF Value™ of HK$14.87.
GuruFocus considers Hainan Drinda New Energy Technology Co to be Modestly Overvalued.
Key valuation signals for HKSE:02865:
PB Ratio: 1.23 (60% below median its 10-year median of 3.07)
GF Value™: HK$14.87 vs. price of HK$18.10 (21.7% above fair value)
Industry Position: 63.5% below the Semiconductors median (#508 of 1000)
No single metric tells the full story. See the HKSE:02865 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hainan Drinda New Energy Technology Co Ltd is principally engaged in the R&D, production, and sales of PV cells, with a focus on the new-generation N-type solar cells, the product performance of which has reached international standards. The Company is an enterprise in the PV cell industry and has consistently focused on the R&D of core PV cell technologies. It operates in the Chinese mainland and outside the Chinese mainland.
59GF Score
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