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Tianjin Hi-Tech Development Co Ltd stock PB Ratio (=1.07) is close to 1-year low of 1.03.
The historical rank and industry rank for Tianjin Hi-Tech Development Co's PB Ratio or its related term are showing as below:
SHSE:600082'
s PB Ratio Range Over the Past 10 Years
Min: 0.69 Med: 1.35 Max: 3.38
Current: 1.04
During the past 13 years, Tianjin Hi-Tech Development Co's highest PB Ratio was 3.38. The lowest was 0.69. And the median was 1.35.
SHSE:600082's PB Ratio is ranked better than 50.46% of 549
companies
in the Conglomerates industry
Industry Median: 1.04
vs SHSE:600082: 1.04
During the past 12 months, Tianjin Hi-Tech Development Co's average Book Value Per Share Growth Rate was -4.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -1.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -0.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 0.30% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Tianjin Hi-Tech Development Co was 41.10% per year. The lowest was -13.00% per year. And the median was 0.80% per year.
Back to Basics: PB Ratio
Tianjin Hi-Tech Development Co (SHSE:600082) 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.
Tianjin Hi-Tech Development Co PB Ratio Related Terms
Tianjin Hi-Tech Development 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 Conglomerates subindustry, Tianjin Hi-Tech Development 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.
Tianjin Hi-Tech Development Co PB Ratio vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Tianjin Hi-Tech Development Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Tianjin Hi-Tech Development Co's PB Ratio falls into.
Tianjin Hi-Tech Development 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.
Tianjin Hi-Tech Development Co (SHSE:600082) has a PB Ratio of 1.04 as of Jul. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Tianjin Hi-Tech Development Co and its competitors. This is 23% below median its historical median of 1.35. Over the past decade, Tianjin Hi-Tech Development Co's PB Ratio has ranged from 0.69 to 3.38. According to the industry distribution chart, Tianjin Hi-Tech Development Co ranks #272 out of 549 companies in the Conglomerates industry, placing it in the top 49.5%.
Is Tianjin Hi-Tech Development Co's PB Ratio too high?
Tianjin Hi-Tech Development Co's current PB Ratio of 1.04 is 23% below median its 10-year median of 1.35. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 3.38. The Conglomerates industry median PB Ratio is 1.04. Tianjin Hi-Tech Development Co's value of 1.04 is 0% at this industry median. Based on the distribution chart, Tianjin Hi-Tech Development Co ranks #272 out of 549 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Tianjin Hi-Tech Development Co has a GF Score™ of 54/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tianjin Hi-Tech Development Co's PB Ratio compare to HON and MMM?
According to the Conglomerates industry distribution chart, Tianjin Hi-Tech Development Co ranks #272 out of 549 companies for PB Ratio. This puts Tianjin Hi-Tech Development Co in the upper half of its industry. The industry median PB Ratio is 1.04. Tianjin Hi-Tech Development Co's value of 1.04 is 0% at this benchmark. Historically, Tianjin Hi-Tech Development Co's own PB Ratio has ranged from 0.69 to 3.38 over the past decade. While the company's 10-year median is 1.35 vs. the industry median of 1.04, Tianjin Hi-Tech Development Co has consistently been at 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 Conglomerates company?
The median PB Ratio among Conglomerates companies is 1.04, based on 549 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. Tianjin Hi-Tech Development Co's current PB Ratio of 1.04 is 0% at 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 Tianjin Hi-Tech Development Co and its competitors. For the Conglomerates industry, the median PB Ratio is 1.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tianjin Hi-Tech Development Co's current PB Ratio is 1.04, which is 23% below median its own 10-year median of 1.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tianjin Hi-Tech Development Co stock overvalued right now?
Based on GuruFocus' analysis, Tianjin Hi-Tech Development Co (SHSE:600082) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥3.46, compared to a current price of ¥2.72 — trading 21.4% below its estimated fair value. The current PB Ratio is 1.04, which is 23% below median its 10-year median of 1.35 and 0% at the Conglomerates industry median of 1.04. Tianjin Hi-Tech Development Co's overall GF Score™ is 54/100 with 4 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 Tianjin Hi-Tech Development Co (SHSE:600082), the current PB Ratio is 1.04 as of Jul. 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 Tianjin Hi-Tech Development Co (SHSE:600082) Overvalued in 2026?
Based on GuruFocus' analysis, Tianjin Hi-Tech Development Co stock appears to be undervalued.
The current stock price of ¥2.72 is trading 21.4% below its estimated GF Value™ of ¥3.46.
GuruFocus considers Tianjin Hi-Tech Development Co to be Modestly Undervalued.
Key valuation signals for SHSE:600082:
PB Ratio: 1.04 (23% below median its 10-year median of 1.35)
GF Value™: ¥3.46 vs. price of ¥2.72 (21.4% below fair value)
Industry Position: 0% at the Conglomerates median (#272 of 549)
No single metric tells the full story. See the SHSE:600082 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tianjin Hi-Tech Development Co Business Description
Tianjin Hi-Tech Development Co Ltd is engaged in investing in high-tech companies, as well as provides business incubation, rental and leasing, and technical services. Through its subsidiaries, the company sells computer network products, develops computer software, and builds a telecommunication broadband network.
54GF Score
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