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HKSE:09609's PB Ratio is ranked better than 80.02% of 2418
companies
in the Hardware industry
Industry Median: 2.36
vs HKSE:09609: 0.97
During the past 12 months, Hebei Haiwei Electronic New Material Technology Co's average Book Value Per Share Growth Rate was 70.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 67.60% per year.
During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of Hebei Haiwei Electronic New Material Technology Co was 67.60% per year. The lowest was 67.60% per year. And the median was 67.60% 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.
Hebei Haiwei Electronic New Material Technology Co PB Ratio Related Terms
Hebei Haiwei Electronic New Material 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.
Hebei Haiwei Electronic New Material Technology Co PB Ratio Chart
Hebei Haiwei Electronic New Material Technology Co Annual Data
Trend
Dec22
Dec23
Dec24
Dec25
PB Ratio
0.00
0.00
0.00
1.15
Hebei Haiwei Electronic New Material Technology Co Semi-Annual Data
* 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.
Hebei Haiwei Electronic New Material Technology Co PB Ratio vs Hardware Industry
Hebei Haiwei Electronic New Material 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.
Hebei Haiwei Electronic New Material Technology Co (HKSE:09609) has a PB Ratio of 0.97 as of Aug. 17, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Hebei Haiwei Electronic New Material Technology Co and its competitors. This is near median its historical median of 1.04. Over the past decade, Hebei Haiwei Electronic New Material Technology Co's PB Ratio has ranged from 0.70 to 2.42. According to the industry distribution chart, Hebei Haiwei Electronic New Material Technology Co ranks #483 out of 2418 companies in the Hardware industry, placing it in the top 20%.
Is Hebei Haiwei Electronic New Material Technology Co's PB Ratio too high?
Hebei Haiwei Electronic New Material Technology Co's current PB Ratio of 0.97 is near median its 10-year median of 1.04. Over the past 10 years, this metric has ranged from a low of 0.70 to a high of 2.42. The Hardware industry median PB Ratio is 2.36. Hebei Haiwei Electronic New Material Technology Co's value of 0.97 is 58.9% below this industry median. Based on the distribution chart, Hebei Haiwei Electronic New Material Technology Co ranks #483 out of 2418 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Hebei Haiwei Electronic New Material Technology Co has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Hebei Haiwei Electronic New Material Technology Co's PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Hebei Haiwei Electronic New Material Technology Co ranks #483 out of 2418 companies for PB Ratio. This places Hebei Haiwei Electronic New Material Technology Co in the top 20% of its industry — outperforming the majority of peers. The industry median PB Ratio is 2.36. Hebei Haiwei Electronic New Material Technology Co's value of 0.97 is 58.9% below this benchmark. Historically, Hebei Haiwei Electronic New Material Technology Co's own PB Ratio has ranged from 0.70 to 2.42 over the past decade. While the company's 10-year median is 1.04 vs. the industry median of 2.36, Hebei Haiwei Electronic New Material 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 Hardware company?
The median PB Ratio among Hardware companies is 2.36, based on 2,418 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. Hebei Haiwei Electronic New Material Technology Co's current PB Ratio of 0.97 is 58.9% 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 Hebei Haiwei Electronic New Material Technology Co and its competitors. For the Hardware industry, the median PB Ratio is 2.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hebei Haiwei Electronic New Material Technology Co's current PB Ratio is 0.97, which is near median its own 10-year median of 1.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hebei Haiwei Electronic New Material Technology Co stock overvalued right now?
Hebei Haiwei Electronic New Material Technology Co (HKSE:09609) has a current PB Ratio of 0.97. The current PB Ratio is 0.97, which is near median its 10-year median of 1.04 and 58.9% below the Hardware industry median of 2.36. Hebei Haiwei Electronic New Material Technology Co's overall GF Score™ is 21/100 with 1 warning sign 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 Hebei Haiwei Electronic New Material Technology Co (HKSE:09609), the current PB Ratio is 0.97 as of Aug. 17, 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.
Hebei Haiwei Electronic New Material Technology Co Ltd is a capacitor film manufacturer in China. Its capacitor film products include capacitor base films and metallized films. These products are key components of film capacitors, a type of capacitor known for its outstanding voltage resistance, high-frequency stability, and long lifespan. Film capacitors have a wide range of end-use application scenarios, including new energy vehicles, new energy power systems, industrial equipment, and household appliances. The company's customers include film capacitor manufacturers and BYD, a Chinese new energy vehicle company.
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