Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
CETC Chips TechnologySHSE:600877 -8.33%62 PB Ratio is 6.61 as of Jul. 13, 2026, which is 20% below its 10-year median of 8.26. GuruFocus rates SHSE:600877 with a GF Score™ of 62/100 and a GF Value™ of ¥9.57 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 997 Semiconductors companies, CETC Chips Technology ranks worse than 75.33% on this metric.
The historical rank and industry rank for CETC Chips Technology's PB Ratio or its related term are showing as below:
SHSE:600877'
s PB Ratio Range Over the Past 10 Years
Min: 4.84 Med: 8.26 Max: 459.29
Current: 6.62
During the past 13 years, CETC Chips Technology's highest PB Ratio was 459.29. The lowest was 4.84. And the median was 8.26.
SHSE:600877's PB Ratio is ranked worse than 75.33% of 997
companies
in the Semiconductors industry
Industry Median: 3.61
vs SHSE:600877: 6.62
During the past 12 months, CETC Chips Technology's average Book Value Per Share Growth Rate was 1.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 5.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 14.00% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of CETC Chips Technology was 314.40% per year. The lowest was -73.10% per year. And the median was -0.05% per year.
Back to Basics: PB Ratio
CETC Chips Technology (SHSE:600877) 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.
* 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:600877 vs NVDA, AVGO, MU: PB Ratio Comparison
For the Semiconductors subindustry, CETC Chips Technology'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.
CETC Chips Technology PB Ratio vs Semiconductors Industry
For the Semiconductors industry and Technology sector, CETC Chips Technology's PB Ratio distribution charts can be found below:
* The bar in red indicates where CETC Chips Technology'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.
CETC Chips Technology (SHSE:600877) has a PB Ratio of 6.61 as of Jul. 13, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on CETC Chips Technology and its competitors. This is 20% below median its historical median of 8.26. Over the past decade, CETC Chips Technology's PB Ratio has ranged from 4.84 to 459.29. According to the industry distribution chart, CETC Chips Technology ranks #751 out of 997 companies in the Semiconductors industry, placing it in the top 75.3%.
Is CETC Chips Technology's PB Ratio too high?
CETC Chips Technology's current PB Ratio of 6.61 is 20% below median its 10-year median of 8.26. Over the past 10 years, this metric has ranged from a low of 4.84 to a high of 459.29. The Semiconductors industry median PB Ratio is 3.61. CETC Chips Technology's value of 6.61 is 83.1% above this industry median. Based on the distribution chart, CETC Chips Technology ranks #751 out of 997 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, CETC Chips Technology has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CETC Chips Technology's PB Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, CETC Chips Technology ranks #751 out of 997 companies for PB Ratio. This places CETC Chips Technology in the lower half of its industry. The industry median PB Ratio is 3.61. CETC Chips Technology's value of 6.61 is 83.1% above this benchmark. Historically, CETC Chips Technology's own PB Ratio has ranged from 4.84 to 459.29 over the past decade. While the company's 10-year median is 8.26 vs. the industry median of 3.61, CETC Chips Technology 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 Semiconductors company?
The median PB Ratio among Semiconductors companies is 3.61, based on 997 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. CETC Chips Technology's current PB Ratio of 6.61 is 83.1% 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 CETC Chips Technology and its competitors. For the Semiconductors industry, the median PB Ratio is 3.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CETC Chips Technology's current PB Ratio is 6.61, which is 20% below median its own 10-year median of 8.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CETC Chips Technology stock overvalued right now?
Based on GuruFocus' analysis, CETC Chips Technology (SHSE:600877) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥9.57, compared to a current price of ¥13.97 — trading 46% above its estimated fair value. The current PB Ratio is 6.61, which is 20% below median its 10-year median of 8.26 and 83.1% above the Semiconductors industry median of 3.61. CETC Chips Technology's overall GF Score™ is 62/100 with 3 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 CETC Chips Technology (SHSE:600877), the current PB Ratio is 6.61 as of Jul. 13, 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 CETC Chips Technology (SHSE:600877) Overvalued in 2026?
Based on GuruFocus' analysis, CETC Chips Technology stock appears to be overvalued.
The current stock price of ¥13.97 is trading 46% above its estimated GF Value™ of ¥9.57.
GuruFocus considers CETC Chips Technology to be Significantly Overvalued.
Key valuation signals for SHSE:600877:
PB Ratio: 6.61 (20% below median its 10-year median of 8.26)
GF Value™: ¥9.57 vs. price of ¥13.97 (46% above fair value)
Industry Position: 83.1% above the Semiconductors median (#751 of 997)
No single metric tells the full story. See the SHSE:600877 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CETC Chips Technology Inc is engaged in the design, research and development, manufacture, testing and sales of silicon-based analog semiconductor chips and their application products.
62GF Score
Get the complete analysis for SHSE:600877
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:600877 has been successfully added to your 
