CIG Shanghai Co (SHSE:603083) PB Ratio: 7.62 (As of Jul. 28, 2026) — 101% Above Median

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Director of Data and Quant Analytics at GuruFocus
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SHSE:603083 CIG Shanghai Co Ltd SHSE:603083
59 GF Score
Price ¥156.40
GF Value ¥58.25
Valuation Significantly Overvalued
! 7 Warning Signs
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What is CIG Shanghai Co PB Ratio?

CIG Shanghai Co SHSE:603083 -10.00% 59 PB Ratio is 7.62 as of Jul. 28, 2026, which is 101% above its 10-year median of 3.79. GuruFocus rates SHSE:603083 with a GF Score™ of 59/100 and a GF Value™ of ¥58.25 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,419 Hardware companies, CIG Shanghai Co ranks worse than 87.43% on this metric.

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. As of today (2026-07-28), CIG Shanghai Co's share price is ¥156.40. CIG Shanghai Co's Book Value per Share for the quarter that ended in Mar. 2026 was ¥20.54. Hence, CIG Shanghai Co's PB Ratio of today is 7.62.

The historical rank and industry rank for CIG Shanghai Co's PB Ratio or its related term are showing as below:

SHSE:603083' s PB Ratio Range Over the Past 10 Years
Min: 1.29   Med: 3.79   Max: 16.97
Current: 7.62

During the past 13 years, CIG Shanghai Co's highest PB Ratio was 16.97. The lowest was 1.29. And the median was 3.79.

SHSE:603083's PB Ratio is ranked worse than
87.43% of 2419 companies
in the Hardware industry
Industry Median: 2.2 vs SHSE:603083: 7.62

During the past 12 months, CIG Shanghai Co's average Book Value Per Share Growth Rate was 134.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 41.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 20.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 14.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of CIG Shanghai Co was 41.00% per year. The lowest was 6.50% per year. And the median was 11.05% per year.

Back to Basics: PB Ratio


CIG Shanghai Co  (SHSE:603083) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.


CIG Shanghai Co PB Ratio Related Terms


CIG Shanghai Co PB Ratio Historical Data

* Premium members only.

The historical data trend for CIG Shanghai 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.

CIG Shanghai Co PB Ratio Chart

CIG Shanghai Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.92 1.49 4.73 4.71 6.36

CIG Shanghai Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.26 5.29 16.97 6.36 4.95

SHSE:603083 vs CSCO, MSI, HPE: PB Ratio Comparison

For the Communication Equipment subindustry, CIG Shanghai 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.


CIG Shanghai Co PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, CIG Shanghai Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where CIG Shanghai Co's PB Ratio falls into.


SHSE:603083
59GF Score
CIG Shanghai Co Ltd SHSE:603083
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CIG Shanghai 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.

CIG Shanghai Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=156.40/20.537
=7.62

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 7.62 mean?
CIG Shanghai Co (SHSE:603083) has a PB Ratio of 7.62 as of Jul. 28, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on CIG Shanghai Co and its competitors. This is 101% above median its historical median of 3.79. Over the past decade, CIG Shanghai Co's PB Ratio has ranged from 1.29 to 16.97. According to the industry distribution chart, CIG Shanghai Co ranks #2115 out of 2419 companies in the Hardware industry, placing it in the top 87.4%.
Is CIG Shanghai Co's PB Ratio too high?
CIG Shanghai Co's current PB Ratio of 7.62 is 101% above median its 10-year median of 3.79. Over the past 10 years, this metric has ranged from a low of 1.29 to a high of 16.97. The Hardware industry median PB Ratio is 2.20. CIG Shanghai Co's value of 7.62 is 246.4% above this industry median. Based on the distribution chart, CIG Shanghai Co ranks #2115 out of 2419 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, CIG Shanghai Co has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CIG Shanghai Co's PB Ratio compare to CSCO and MSI?
According to the Hardware industry distribution chart, CIG Shanghai Co ranks #2115 out of 2419 companies for PB Ratio. This places CIG Shanghai Co in the lower half of its industry. The industry median PB Ratio is 2.20. CIG Shanghai Co's value of 7.62 is 246.4% above this benchmark. Historically, CIG Shanghai Co's own PB Ratio has ranged from 1.29 to 16.97 over the past decade. While the company's 10-year median is 3.79 vs. the industry median of 2.20, CIG Shanghai 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 2.20, 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. CIG Shanghai Co's current PB Ratio of 7.62 is 246.4% 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 CIG Shanghai Co and its competitors. For the Hardware industry, the median PB Ratio is 2.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CIG Shanghai Co's current PB Ratio is 7.62, which is 101% above median its own 10-year median of 3.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CIG Shanghai Co stock overvalued right now?
Based on GuruFocus' analysis, CIG Shanghai Co (SHSE:603083) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥58.25, compared to a current price of ¥156.40 — trading 168.5% above its estimated fair value. The current PB Ratio is 7.62, which is 101% above median its 10-year median of 3.79 and 246.4% above the Hardware industry median of 2.20. CIG Shanghai Co's overall GF Score™ is 59/100 with 7 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 CIG Shanghai Co (SHSE:603083), the current PB Ratio is 7.62 as of Jul. 28, 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 CIG Shanghai Co (SHSE:603083) Overvalued in 2026?

Based on GuruFocus' analysis, CIG Shanghai Co stock appears to be overvalued. The current stock price of ¥156.40 is trading 168.5% above its estimated GF Value™ of ¥58.25. GuruFocus considers CIG Shanghai Co to be Significantly Overvalued.

Key valuation signals for SHSE:603083:

  • PB Ratio: 7.62 (101% above median its 10-year median of 3.79)
  • GF Value™: ¥58.25 vs. price of ¥156.40 (168.5% above fair value)
  • GF Score™: 59/100 with 7 warning signs
  • Industry Position: 246.4% above the Hardware median (#2115 of 2419)

No single metric tells the full story. See the SHSE:603083 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CIG Shanghai Co Business Description

Other Exchanges 06166:Hong Kong
Address 2388 Chenhang Road, Room 501, 5th FloorBuilding 8, Minhan Disctrict, Shanghai, CHN, 201114
CIG Shanghai Co Ltd operates in the communications industry, and is engaged in the research and development, production, and sales of terminal equipment for telecommunications, data communication, and enterprise networks (including telecommunications broadband, wireless networks, small cells, switches, and basic hardware for industrial IoT), as well as high-speed optical module products.
59GF Score

Get the complete analysis for SHSE:603083

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥156.40
Price
¥58.25
GF Value