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Glarun Technology CoSHSE:600562 +2.82%63 PB Ratio is 3.91 as of Jul. 15, 2026, which is 18% below its 10-year median of 4.79. GuruFocus rates SHSE:600562 with a GF Score™ of 63/100 and a GF Value™ of ¥20.51 (Fairly Valued). Among 2,419 Hardware companies, Glarun Technology Co ranks worse than 70.11% on this metric.
Glarun Technology Co Ltd stock PB Ratio (=3.94) is close to 1-year low of 3.69.
The historical rank and industry rank for Glarun Technology Co's PB Ratio or its related term are showing as below:
SHSE:600562'
s PB Ratio Range Over the Past 10 Years
Min: 2.38 Med: 4.79 Max: 11.36
Current: 3.91
During the past 13 years, Glarun Technology Co's highest PB Ratio was 11.36. The lowest was 2.38. And the median was 4.79.
SHSE:600562's PB Ratio is ranked worse than 70.11% of 2419
companies
in the Hardware industry
Industry Median: 2.27
vs SHSE:600562: 3.91
During the past 12 months, Glarun Technology 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 9.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 8.90% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 9.30% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Glarun Technology Co was 51.80% per year. The lowest was -12.10% per year. And the median was 10.00% per year.
Back to Basics: PB Ratio
Glarun Technology Co (SHSE:600562) 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.
Glarun Technology Co PB Ratio Related Terms
Glarun Technology Co PB Ratio Historical Data
* Premium members only.
The historical data trend for Glarun Technology 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.
SHSE:600562 vs CSCO, CIEN, MSI: PB Ratio Comparison
For the Communication Equipment subindustry, Glarun 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.
Glarun Technology Co PB Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Glarun Technology Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Glarun 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.
Glarun Technology Co (SHSE:600562) has a PB Ratio of 3.91 as of Jul. 15, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Glarun Technology Co and its competitors. This is 18% below median its historical median of 4.79. Over the past decade, Glarun Technology Co's PB Ratio has ranged from 2.38 to 11.36. According to the industry distribution chart, Glarun Technology Co ranks #1696 out of 2419 companies in the Hardware industry, placing it in the top 70.1%.
Is Glarun Technology Co's PB Ratio too high?
Glarun Technology Co's current PB Ratio of 3.91 is 18% below median its 10-year median of 4.79. Over the past 10 years, this metric has ranged from a low of 2.38 to a high of 11.36. The Hardware industry median PB Ratio is 2.27. Glarun Technology Co's value of 3.91 is 72.2% above this industry median. Based on the distribution chart, Glarun Technology Co ranks #1696 out of 2419 companies in the Hardware industry, which is below the industry midpoint. Overall, Glarun Technology Co has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Glarun Technology Co's PB Ratio compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Glarun Technology Co ranks #1696 out of 2419 companies for PB Ratio. This places Glarun Technology Co in the lower half of its industry. The industry median PB Ratio is 2.27. Glarun Technology Co's value of 3.91 is 72.2% above this benchmark. Historically, Glarun Technology Co's own PB Ratio has ranged from 2.38 to 11.36 over the past decade. While the company's 10-year median is 4.79 vs. the industry median of 2.27, Glarun 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 2.27, based on 2,419 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. Glarun Technology Co's current PB Ratio of 3.91 is 72.2% 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 Glarun Technology Co and its competitors. For the Hardware industry, the median PB Ratio is 2.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Glarun Technology Co's current PB Ratio is 3.91, which is 18% below median its own 10-year median of 4.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Glarun Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Glarun Technology Co (SHSE:600562) is currently considered Fairly Valued. The stock's GF Value™ is ¥20.51, compared to a current price of ¥21.15 — trading 3.1% above its estimated fair value. The current PB Ratio is 3.91, which is 18% below median its 10-year median of 4.79 and 72.2% above the Hardware industry median of 2.27. Glarun Technology Co's overall GF Score™ is 63/100. 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 Glarun Technology Co (SHSE:600562), the current PB Ratio is 3.91 as of Jul. 15, 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 Glarun Technology Co (SHSE:600562) Overvalued in 2026?
Based on GuruFocus' analysis, Glarun Technology Co stock appears to be overvalued.
The current stock price of ¥21.15 is trading 3.1% above its estimated GF Value™ of ¥20.51.
GuruFocus considers Glarun Technology Co to be Fairly Valued.
Key valuation signals for SHSE:600562:
PB Ratio: 3.91 (18% below median its 10-year median of 4.79)
GF Value™: ¥20.51 vs. price of ¥21.15 (3.1% above fair value)
Industry Position: 72.2% above the Hardware median (#1696 of 2419)
No single metric tells the full story. See the SHSE:600562 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Glarun Technology Co Ltd is involved in fields associated with electronic information technology from high starting points and focuses on the growth and development in aspects of traffic electronics, supply chain integration service, microwave and communication, software and information service, energy electronics and other relevant industries. Its business fields include Rail transit; Air traffic; Intelligent transportation and Maritime traffic.
63GF Score
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