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Ping An Biomedical CoPASW -6.49%17 PB Ratio is 0.40 as of Jul. 25, 2026, which is 26% below its 10-year median of 0.54. GuruFocus rates PASW with a GF Score™ of 17/100. The stock has 3 warning signs investors should review. Among 1,001 Manufacturing - Apparel & Accessories companies, Ping An Biomedical Co ranks better than 84.52% on this metric.
During the past 3 years, the average Book Value Per Share Growth Rate was 113.20% per year.
During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Ping An Biomedical Co was 113.20% per year. The lowest was -46.20% per year. And the median was 33.50% per year.
Back to Basics: PB Ratio
Ping An Biomedical Co (NAS:PASW) 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.
* 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 Textile Manufacturing subindustry, Ping An Biomedical 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.
Ping An Biomedical Co PB Ratio vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Ping An Biomedical Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Ping An Biomedical Co's PB Ratio falls into.
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.
Ping An Biomedical Co (PASW) has a PB Ratio of 0.40 as of Jul. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Ping An Biomedical Co and its competitors. This is 26% below median its historical median of 0.54. Over the past decade, Ping An Biomedical Co's PB Ratio has ranged from 0.40 to 3.19. According to the industry distribution chart, Ping An Biomedical Co ranks #155 out of 1001 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 15.5%.
Is Ping An Biomedical Co's PB Ratio too high?
Ping An Biomedical Co's current PB Ratio of 0.40 is 26% below median its 10-year median of 0.54. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 3.19. The Manufacturing - Apparel & Accessories industry median PB Ratio is 1.06. Ping An Biomedical Co's value of 0.40 is 62.3% below this industry median. Based on the distribution chart, Ping An Biomedical Co ranks #155 out of 1001 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Ping An Biomedical Co has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Ping An Biomedical Co's PB Ratio compare to DXYN and CULP?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Ping An Biomedical Co ranks #155 out of 1001 companies for PB Ratio. This places Ping An Biomedical Co in the top 16% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.06. Ping An Biomedical Co's value of 0.40 is 62.3% below this benchmark. Historically, Ping An Biomedical Co's own PB Ratio has ranged from 0.40 to 3.19 over the past decade. While the company's 10-year median is 0.54 vs. the industry median of 1.06, Ping An Biomedical 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 Manufacturing - Apparel & Accessories company?
The median PB Ratio among Manufacturing - Apparel & Accessories companies is 1.06, based on 1,001 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. Ping An Biomedical Co's current PB Ratio of 0.40 is 62.3% 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 Ping An Biomedical Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median PB Ratio is 1.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ping An Biomedical Co's current PB Ratio is 0.40, which is 26% 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 Ping An Biomedical Co stock overvalued right now?
Ping An Biomedical Co (PASW) has a current PB Ratio of 0.40. The current PB Ratio is 0.40, which is 26% below median its 10-year median of 0.54 and 62.3% below the Manufacturing - Apparel & Accessories industry median of 1.06. Ping An Biomedical Co's overall GF Score™ is 17/100 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 Ping An Biomedical Co (PASW), the current PB Ratio is 0.40 as of Jul. 25, 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.
Ping An Biomedical Co Ltd formerly Majestic Ideal Holdings Ltd is a Cayman Islands-based holding company, conducting operations through its PRC subsidiary, NewBrand. The group is a provider of SCM services in the apparel industry, offering solutions for a broad range of yarn products, textiles, and finished garments. Its service offerings encompass every key aspect of the supply chain of textile products, such as market trend analysis, product design and development, raw material sourcing, production and quality control, and logistics management. The group has two reportable segments, yarns and finished garments. The majority of its revenue is generated from the sale of yarns, including pure cashmere and cashmere-mix yarn, merino wool, cotton, and fancy yarn.
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