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Hanma Technology Group CoSHSE:600375 -1.06%38 PB Ratio is 1.77 as of Jul. 20, 2026, which is 1% above its 10-year median of 1.76. GuruFocus rates SHSE:600375 with a GF Score™ of 38/100 and a GF Value™ of ¥5.66 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 202 Farm & Heavy Construction Machinery companies, Hanma Technology Group Co ranks worse than 61.88% on this metric.
Hanma Technology Group Co Ltd stock PB Ratio (=1.79) is close to 5-year low of 1.73.
The historical rank and industry rank for Hanma Technology Group Co's PB Ratio or its related term are showing as below:
SHSE:600375'
s PB Ratio Range Over the Past 10 Years
Min: 0.68 Med: 1.76 Max: 202.22
Current: 1.77
During the past 13 years, Hanma Technology Group Co's highest PB Ratio was 202.22. The lowest was 0.68. And the median was 1.76.
SHSE:600375's PB Ratio is ranked worse than 61.88% of 202
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.525
vs SHSE:600375: 1.77
During the past 12 months, Hanma Technology Group Co's average Book Value Per Share Growth Rate was 2.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 113.20% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Hanma Technology Group Co was 113.20% per year. The lowest was -65.20% per year. And the median was 2.15% per year.
Back to Basics: PB Ratio
Hanma Technology Group Co (SHSE:600375) 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.
Hanma Technology Group Co PB Ratio Related Terms
Hanma Technology Group 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 Farm & Heavy Construction Machinery subindustry, Hanma Technology Group 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.
Hanma Technology Group Co PB Ratio vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Hanma Technology Group Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Hanma Technology Group 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.
Hanma Technology Group Co (SHSE:600375) has a PB Ratio of 1.77 as of Jul. 20, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Hanma Technology Group Co and its competitors. This is near median its historical median of 1.76. Over the past decade, Hanma Technology Group Co's PB Ratio has ranged from 0.68 to 202.22. According to the industry distribution chart, Hanma Technology Group Co ranks #125 out of 202 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 61.9%.
Is Hanma Technology Group Co's PB Ratio too high?
Hanma Technology Group Co's current PB Ratio of 1.77 is near median its 10-year median of 1.76. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 202.22. The Farm & Heavy Construction Machinery industry median PB Ratio is 1.53. Hanma Technology Group Co's value of 1.77 is 16.1% above this industry median. Based on the distribution chart, Hanma Technology Group Co ranks #125 out of 202 companies in the Farm & Heavy Construction Machinery industry, which is below the industry midpoint. Overall, Hanma Technology Group Co has a GF Score™ of 38/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hanma Technology Group Co's PB Ratio compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Hanma Technology Group Co ranks #125 out of 202 companies for PB Ratio. This places Hanma Technology Group Co in the lower half of its industry. The industry median PB Ratio is 1.53. Hanma Technology Group Co's value of 1.77 is 16.1% above this benchmark. Historically, Hanma Technology Group Co's own PB Ratio has ranged from 0.68 to 202.22 over the past decade. While the company's 10-year median is 1.76 vs. the industry median of 1.53, Hanma Technology Group 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 Farm & Heavy Construction Machinery company?
The median PB Ratio among Farm & Heavy Construction Machinery companies is 1.53, based on 202 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. Hanma Technology Group Co's current PB Ratio of 1.77 is 16.1% 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 Hanma Technology Group Co and its competitors. For the Farm & Heavy Construction Machinery industry, the median PB Ratio is 1.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hanma Technology Group Co's current PB Ratio is 1.77, which is near median its own 10-year median of 1.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hanma Technology Group Co stock overvalued right now?
Based on GuruFocus' analysis, Hanma Technology Group Co (SHSE:600375) is currently considered Possible Value Trap. The stock's GF Value™ is ¥5.66, compared to a current price of ¥3.75 — trading 33.7% below its estimated fair value. The current PB Ratio is 1.77, which is near median its 10-year median of 1.76 and 16.1% above the Farm & Heavy Construction Machinery industry median of 1.53. Hanma Technology Group Co's overall GF Score™ is 38/100 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 Hanma Technology Group Co (SHSE:600375), the current PB Ratio is 1.77 as of Jul. 20, 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 Hanma Technology Group Co (SHSE:600375) Overvalued in 2026?
Based on GuruFocus' analysis, Hanma Technology Group Co stock appears to be undervalued.
The current stock price of ¥3.75 is trading 33.7% below its estimated GF Value™ of ¥5.66.
GuruFocus considers Hanma Technology Group Co to be Possible Value Trap.
Key valuation signals for SHSE:600375:
PB Ratio: 1.77 (near median its 10-year median of 1.76)
GF Value™: ¥5.66 vs. price of ¥3.75 (33.7% below fair value)
Industry Position: 16.1% above the Farm & Heavy Construction Machinery median (#125 of 202)
No single metric tells the full story. See the SHSE:600375 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hanma Technology Group Co Ltd, formerly Hualing Xingma Automobile (Group) Co Ltd operates in the automotive industry. The company is engaged in the production and sales of special-purpose vehicles and auto parts such as multi-series bulk cement trucks, concrete mixer trucks and concrete pump trucks.
38GF Score
Get the complete analysis for SHSE:600375
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