HPAGF's PB Ratio is ranked better than 99.42% of 2417
companies
in the Hardware industry
Industry Median: 2.39
vs HPAGF: 0.12
During the past 12 months, China High Precision Automation Group's average Book Value Per Share Growth Rate was 3.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -2.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -2.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -3.50% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of China High Precision Automation Group was 86.50% per year. The lowest was -6.30% per year. And the median was -3.00% per year.
Back to Basics: PB Ratio
China High Precision Automation Group (OTCPK:HPAGF) PB Ratio Explanation
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.
China High Precision Automation Group PB Ratio Related Terms
China High Precision Automation Group 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.
China High Precision Automation Group PB Ratio Chart
For the Scientific & Technical Instruments subindustry, China High Precision Automation Group'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.
China High Precision Automation Group PB Ratio vs Hardware Industry
China High Precision Automation Group 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.
China High Precision Automation Group (HPAGF) has a PB Ratio of 0.12 as of Jul. 01, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on China High Precision Automation Group and its competitors. This is 78% below median its historical median of 0.54. Over the past decade, China High Precision Automation Group's PB Ratio has ranged from 0.06 to 0.64. According to the industry distribution chart, China High Precision Automation Group ranks #14 out of 2417 companies in the Hardware industry, placing it in the top 0.59999999999999%.
Is China High Precision Automation Group's PB Ratio too high?
China High Precision Automation Group's current PB Ratio of 0.12 is 78% below median its 10-year median of 0.54. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 0.64. The Hardware industry median PB Ratio is 2.39. China High Precision Automation Group's value of 0.12 is 95% below this industry median. Based on the distribution chart, China High Precision Automation Group ranks #14 out of 2417 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, China High Precision Automation Group has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China High Precision Automation Group's PB Ratio compare to COHR and KEYS?
According to the Hardware industry distribution chart, China High Precision Automation Group ranks #14 out of 2417 companies for PB Ratio. This places China High Precision Automation Group in the top 1% of its industry — outperforming the majority of peers. The industry median PB Ratio is 2.39. China High Precision Automation Group's value of 0.12 is 95% below this benchmark. Historically, China High Precision Automation Group's own PB Ratio has ranged from 0.06 to 0.64 over the past decade. While the company's 10-year median is 0.54 vs. the industry median of 2.39, China High Precision Automation Group 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 2.39, based on 2,417 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. China High Precision Automation Group's current PB Ratio of 0.12 is 95% 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 China High Precision Automation Group and its competitors. For the Hardware industry, the median PB Ratio is 2.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China High Precision Automation Group's current PB Ratio is 0.12, which is 78% below median its own 10-year median of 0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China High Precision Automation Group stock overvalued right now?
Based on GuruFocus' analysis, China High Precision Automation Group (HPAGF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.01, compared to a current price of $0.03 — trading 189.9% above its estimated fair value. The current PB Ratio is 0.12, which is 78% below median its 10-year median of 0.54 and 95% below the Hardware industry median of 2.39. China High Precision Automation Group's overall GF Score™ is 45/100 with 3 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 China High Precision Automation Group (HPAGF), the current PB Ratio is 0.12 as of Jul. 01, 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 China High Precision Automation Group (HPAGF) Overvalued in 2026?
Based on GuruFocus' analysis, China High Precision Automation Group stock appears to be overvalued.
The current stock price of $0.03 is trading 189.9% above its estimated GF Value™ of $0.01.
GuruFocus considers China High Precision Automation Group to be Significantly Overvalued.
Key valuation signals for HPAGF:
PB Ratio: 0.12 (78% below median its 10-year median of 0.54)
GF Value™: $0.01 vs. price of $0.03 (189.9% above fair value)
Industry Position: 95% below the Hardware median (#14 of 2417)
No single metric tells the full story. See the HPAGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China High Precision Automation Group Business Description
China High Precision Automation Group Ltd is an investment holding company. Through its subsidiaries engaged in the manufacturing and selling of and provision of consigned processing services on high precision industrial automation instrument and technology products, and the manufacturing and selling of multi-functional all plastic quartz watch movements. The company has the following two business segments: Automation instrument and technology products and Horological instruments. It generates the majority of its reveue from the sales of automation instrument and technology products.
45GF Score
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