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TBEA CoSHSE:600089 +0.84%77 PB Ratio is 1.27 as of Jul. 14, 2026, which is 9% above its 10-year median of 1.16. GuruFocus rates SHSE:600089 with a GF Score™ of 77/100 and a GF Value™ of ¥13.43 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,985 Industrial Products companies, TBEA Co ranks better than 71.59% on this metric.
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. As of today (2026-07-14), TBEA Co's share price is ¥19.30. TBEA Co's Book Value per Share for the quarter that ended in Mar. 2026 was ¥15.17. Hence, TBEA Co's PB Ratio of today is 1.27.
The historical rank and industry rank for TBEA Co's PB Ratio or its related term are showing as below:
SHSE:600089'
s PB Ratio Range Over the Past 10 Years
Min: 0.64 Med: 1.16 Max: 2.73
Current: 1.27
During the past 13 years, TBEA Co's highest PB Ratio was 2.73. The lowest was 0.64. And the median was 1.16.
SHSE:600089's PB Ratio is ranked better than 71.59% of 2985
companies
in the Industrial Products industry
Industry Median: 2.18
vs SHSE:600089: 1.27
During the past 12 months, TBEA Co's average Book Value Per Share Growth Rate was 10.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 8.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 13.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 12.30% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of TBEA Co was 57.90% per year. The lowest was 7.40% per year. And the median was 13.55% 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.
TBEA Co PB Ratio Related Terms
TBEA Co PB Ratio Historical Data
* Premium members only.
The historical data trend for TBEA Co's PB Ratio can be seen below:
* 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 Electrical Equipment & Parts subindustry, TBEA 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.
TBEA Co PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, TBEA Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where TBEA 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.
TBEA Co's PB Ratio for today is calculated as follows:
* 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.
TBEA Co (SHSE:600089) has a PB Ratio of 1.27 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 TBEA Co and its competitors. This is near median its historical median of 1.16. Over the past decade, TBEA Co's PB Ratio has ranged from 0.64 to 2.73. According to the industry distribution chart, TBEA Co ranks #848 out of 2985 companies in the Industrial Products industry, placing it in the top 28.4%.
Is TBEA Co's PB Ratio too high?
TBEA Co's current PB Ratio of 1.27 is near median its 10-year median of 1.16. Over the past 10 years, this metric has ranged from a low of 0.64 to a high of 2.73. The Industrial Products industry median PB Ratio is 2.18. TBEA Co's value of 1.27 is 41.7% below this industry median. Based on the distribution chart, TBEA Co ranks #848 out of 2985 companies in the Industrial Products industry, which is above the industry midpoint. Overall, TBEA Co has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TBEA Co's PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, TBEA Co ranks #848 out of 2985 companies for PB Ratio. This puts TBEA Co in the upper half of its industry. The industry median PB Ratio is 2.18. TBEA Co's value of 1.27 is 41.7% below this benchmark. Historically, TBEA Co's own PB Ratio has ranged from 0.64 to 2.73 over the past decade. While the company's 10-year median is 1.16 vs. the industry median of 2.18, TBEA 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 an Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.18, based on 2,985 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. TBEA Co's current PB Ratio of 1.27 is 41.7% 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 TBEA Co and its competitors. For the Industrial Products industry, the median PB Ratio is 2.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TBEA Co's current PB Ratio is 1.27, which is near median its own 10-year median of 1.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TBEA Co stock overvalued right now?
Based on GuruFocus' analysis, TBEA Co (SHSE:600089) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥13.43, compared to a current price of ¥19.30 — trading 43.7% above its estimated fair value. The current PB Ratio is 1.27, which is near median its 10-year median of 1.16 and 41.7% below the Industrial Products industry median of 2.18. TBEA Co's overall GF Score™ is 77/100 with 7 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 TBEA Co (SHSE:600089), the current PB Ratio is 1.27 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 TBEA Co (SHSE:600089) Overvalued in 2026?
Based on GuruFocus' analysis, TBEA Co stock appears to be overvalued.
The current stock price of ¥19.30 is trading 43.7% above its estimated GF Value™ of ¥13.43.
GuruFocus considers TBEA Co to be Significantly Overvalued.
Key valuation signals for SHSE:600089:
PB Ratio: 1.27 (near median its 10-year median of 1.16)
GF Value™: ¥13.43 vs. price of ¥19.30 (43.7% above fair value)
Industry Position: 41.7% below the Industrial Products median (#848 of 2985)
No single metric tells the full story. See the SHSE:600089 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TBEA Co Ltd is a China-based company that offers energy business solutions to service providers. The company distributes electric power transmission and transformation equipment. It provides solutions such as green technology, smart environmental protection, energy equipment for turnkey projects, and system solutions that range from surveying to design, construction, installation, and commissioning, as well as integration of training, operation, and maintenance. It also promotes the construction of green and efficient power grids. The company has a business presence in China and other countries.
77GF Score
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