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The historical rank and industry rank for Datang Telecom Technology Co's PB Ratio or its related term are showing as below:
SHSE:600198'
s PB Ratio Range Over the Past 10 Years
Min: 4.06 Med: 25.58 Max: 510.3
Current: 49.5
During the past 13 years, Datang Telecom Technology Co's highest PB Ratio was 510.30. The lowest was 4.06. And the median was 25.58.
SHSE:600198's PB Ratio is ranked worse than 99.38% of 2408
companies
in the Hardware industry
Industry Median: 2.32
vs SHSE:600198: 49.50
During the past 12 months, Datang Telecom Technology Co's average Book Value Per Share Growth Rate was -15.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -19.20% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Datang Telecom Technology Co was 143.40% per year. The lowest was -78.50% per year. And the median was 11.45% 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.
Datang Telecom Technology Co PB Ratio Related Terms
Datang Telecom 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.
SHSE:600198 vs CSCO, MSI, LITE: PB Ratio Comparison
For the Communication Equipment subindustry, Datang Telecom Technology 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.
Datang Telecom Technology Co PB Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Datang Telecom Technology Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Datang Telecom Technology 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.
Datang Telecom Technology Co (SHSE:600198) has a PB Ratio of 50.45 as of Sep. 08, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Datang Telecom Technology Co and its competitors. This is 97% above median its historical median of 25.58. Over the past decade, Datang Telecom Technology Co's PB Ratio has ranged from 4.06 to 510.30. According to the industry distribution chart, Datang Telecom Technology Co ranks #2393 out of 2408 companies in the Hardware industry, placing it in the top 99.4%.
Is Datang Telecom Technology Co's PB Ratio too high?
Datang Telecom Technology Co's current PB Ratio of 50.45 is 97% above median its 10-year median of 25.58. Over the past 10 years, this metric has ranged from a low of 4.06 to a high of 510.30. The Hardware industry median PB Ratio is 2.32. Datang Telecom Technology Co's value of 50.45 is 2074.6% above this industry median. Based on the distribution chart, Datang Telecom Technology Co ranks #2393 out of 2408 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Datang Telecom Technology Co has a GF Score™ of 51/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Datang Telecom Technology Co's PB Ratio compare to CSCO and MSI?
According to the Hardware industry distribution chart, Datang Telecom Technology Co ranks #2393 out of 2408 companies for PB Ratio. This places Datang Telecom Technology Co in the lower half of its industry. The industry median PB Ratio is 2.32. Datang Telecom Technology Co's value of 50.45 is 2074.6% above this benchmark. Historically, Datang Telecom Technology Co's own PB Ratio has ranged from 4.06 to 510.30 over the past decade. While the company's 10-year median is 25.58 vs. the industry median of 2.32, Datang Telecom Technology Co has consistently been above 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 2.32, based on 2,408 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. Datang Telecom Technology Co's current PB Ratio of 50.45 is 2074.6% above 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 Datang Telecom Technology Co and its competitors. For the Hardware industry, the median PB Ratio is 2.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Datang Telecom Technology Co's current PB Ratio is 50.45, which is 97% above median its own 10-year median of 25.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Datang Telecom Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Datang Telecom Technology Co (SHSE:600198) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥9.28, compared to a current price of ¥7.92 — trading 14.7% below its estimated fair value. The current PB Ratio is 50.45, which is 97% above median its 10-year median of 25.58 and 2074.6% above the Hardware industry median of 2.32. Datang Telecom Technology Co's overall GF Score™ is 51/100 with 8 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 Datang Telecom Technology Co (SHSE:600198), the current PB Ratio is 50.45 as of Sep. 08, 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 Datang Telecom Technology Co (SHSE:600198) Overvalued in 2026?
Based on GuruFocus' analysis, Datang Telecom Technology Co stock appears to be undervalued.
The current stock price of ¥7.92 is trading 14.7% below its estimated GF Value™ of ¥9.28.
GuruFocus considers Datang Telecom Technology Co to be Modestly Undervalued.
Key valuation signals for SHSE:600198:
PB Ratio: 50.45 (97% above median its 10-year median of 25.58)
GF Value™: ¥9.28 vs. price of ¥7.92 (14.7% below fair value)
Industry Position: 2074.6% above the Hardware median (#2393 of 2408)
No single metric tells the full story. See the SHSE:600198 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Datang Telecom Technology Co Ltd is a China-based company engaged in the communication equipment manufacturing industry. It is involved in the manufacturing of electronic and communication equipment, mobile phone, instrument and cultural and official goods, production and sales of security and protection products and design construction of security and protection work. It also provides system integration and network engineering services. The company operates its businesses primarily in domestic market.
51GF Score
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