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SHSE:600879's PB Ratio is ranked better than 67.16% of 341
companies
in the Aerospace & Defense industry
Industry Median: 3.46
vs SHSE:600879: 2.31
During the past 12 months, China Aerospace Times Electronic Co's average Book Value Per Share Growth Rate was 0.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 3.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 6.90% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 6.50% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of China Aerospace Times Electronic Co was 41.30% per year. The lowest was 3.20% per year. And the median was 11.55% per year.
Back to Basics: PB Ratio
China Aerospace Times Electronic Co (SHSE:600879) 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.
China Aerospace Times Electronic Co PB Ratio Related Terms
China Aerospace Times Electronic 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.
China Aerospace Times Electronic Co PB Ratio Chart
For the Aerospace & Defense subindustry, China Aerospace Times Electronic 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.
China Aerospace Times Electronic Co PB Ratio vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, China Aerospace Times Electronic Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where China Aerospace Times Electronic Co's PB Ratio falls into.
China Aerospace Times Electronic Co PB Ratio Calculation
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.
China Aerospace Times Electronic Co (SHSE:600879) has a PB Ratio of 2.31 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 China Aerospace Times Electronic Co and its competitors. This is 54% above median its historical median of 1.50. Over the past decade, China Aerospace Times Electronic Co's PB Ratio has ranged from 0.98 to 4.98. According to the industry distribution chart, China Aerospace Times Electronic Co ranks #112 out of 341 companies in the Aerospace & Defense industry, placing it in the top 32.8%.
Is China Aerospace Times Electronic Co's PB Ratio too high?
China Aerospace Times Electronic Co's current PB Ratio of 2.31 is 54% above median its 10-year median of 1.50. Over the past 10 years, this metric has ranged from a low of 0.98 to a high of 4.98. The Aerospace & Defense industry median PB Ratio is 3.46. China Aerospace Times Electronic Co's value of 2.31 is 33.2% below this industry median. Based on the distribution chart, China Aerospace Times Electronic Co ranks #112 out of 341 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, China Aerospace Times Electronic Co has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Aerospace Times Electronic Co's PB Ratio compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, China Aerospace Times Electronic Co ranks #112 out of 341 companies for PB Ratio. This puts China Aerospace Times Electronic Co in the upper half of its industry. The industry median PB Ratio is 3.46. China Aerospace Times Electronic Co's value of 2.31 is 33.2% below this benchmark. Historically, China Aerospace Times Electronic Co's own PB Ratio has ranged from 0.98 to 4.98 over the past decade. While the company's 10-year median is 1.50 vs. the industry median of 3.46, China Aerospace Times Electronic 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 Aerospace & Defense company?
The median PB Ratio among Aerospace & Defense companies is 3.46, based on 341 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. China Aerospace Times Electronic Co's current PB Ratio of 2.31 is 33.2% 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 China Aerospace Times Electronic Co and its competitors. For the Aerospace & Defense industry, the median PB Ratio is 3.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Aerospace Times Electronic Co's current PB Ratio is 2.31, which is 54% above median its own 10-year median of 1.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Aerospace Times Electronic Co stock overvalued right now?
Based on GuruFocus' analysis, China Aerospace Times Electronic Co (SHSE:600879) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥8.52, compared to a current price of ¥14.65 — trading 71.9% above its estimated fair value. The current PB Ratio is 2.31, which is 54% above median its 10-year median of 1.50 and 33.2% below the Aerospace & Defense industry median of 3.46. China Aerospace Times Electronic Co's overall GF Score™ is 46/100 with 6 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 China Aerospace Times Electronic Co (SHSE:600879), the current PB Ratio is 2.31 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 China Aerospace Times Electronic Co (SHSE:600879) Overvalued in 2026?
Based on GuruFocus' analysis, China Aerospace Times Electronic Co stock appears to be overvalued.
The current stock price of ¥14.65 is trading 71.9% above its estimated GF Value™ of ¥8.52.
GuruFocus considers China Aerospace Times Electronic Co to be Significantly Overvalued.
Key valuation signals for SHSE:600879:
PB Ratio: 2.31 (54% above median its 10-year median of 1.50)
GF Value™: ¥8.52 vs. price of ¥14.65 (71.9% above fair value)
Industry Position: 33.2% below the Aerospace & Defense median (#112 of 341)
No single metric tells the full story. See the SHSE:600879 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Aerospace Times Electronic Co Business Description
China Aerospace Times Electronic Co Ltd is a China-based company. It engaged in the manufacturing and distribution of aerospace electronic products. Its products include satellite applications, inertial navigation, Integrated circuit, Drone.
46GF Score
Get the complete analysis for SHSE:600879
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