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Cashway Fintech CoSHSE:603106 +10.01%59 PB Ratio is 2.94 as of Aug. 02, 2026, which is 30% above its 10-year median of 2.26. GuruFocus rates SHSE:603106 with a GF Score™ of 59/100 and a GF Value™ of ¥13.20 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 2,983 Industrial Products companies, Cashway Fintech Co ranks worse than 64.87% on this metric.
The historical rank and industry rank for Cashway Fintech Co's PB Ratio or its related term are showing as below:
SHSE:603106'
s PB Ratio Range Over the Past 10 Years
Min: 1.47 Med: 2.26 Max: 7.7
Current: 2.94
During the past 13 years, Cashway Fintech Co's highest PB Ratio was 7.70. The lowest was 1.47. And the median was 2.26.
SHSE:603106's PB Ratio is ranked worse than 64.87% of 2983
companies
in the Industrial Products industry
Industry Median: 2.11
vs SHSE:603106: 2.94
During the past 12 months, Cashway Fintech Co's average Book Value Per Share Growth Rate was 1.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -3.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -5.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 2.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Cashway Fintech Co was 41.30% per year. The lowest was -8.10% per year. And the median was 0.20% per year.
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.
Cashway Fintech Co PB Ratio Related Terms
Cashway Fintech Co PB Ratio Historical Data
* Premium members only.
The historical data trend for Cashway Fintech 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.
For the Business Equipment & Supplies subindustry, Cashway Fintech 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.
Cashway Fintech Co PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Cashway Fintech Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Cashway Fintech 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.
Cashway Fintech Co (SHSE:603106) has a PB Ratio of 2.94 as of Aug. 02, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Cashway Fintech Co and its competitors. This is 30% above median its historical median of 2.26. Over the past decade, Cashway Fintech Co's PB Ratio has ranged from 1.47 to 7.70. According to the industry distribution chart, Cashway Fintech Co ranks #1935 out of 2983 companies in the Industrial Products industry, placing it in the top 64.9%.
Is Cashway Fintech Co's PB Ratio too high?
Cashway Fintech Co's current PB Ratio of 2.94 is 30% above median its 10-year median of 2.26. Over the past 10 years, this metric has ranged from a low of 1.47 to a high of 7.70. The Industrial Products industry median PB Ratio is 2.11. Cashway Fintech Co's value of 2.94 is 39.3% above this industry median. Based on the distribution chart, Cashway Fintech Co ranks #1935 out of 2983 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Cashway Fintech Co has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Cashway Fintech Co's PB Ratio compare to competitors?
According to the Industrial Products industry distribution chart, Cashway Fintech Co ranks #1935 out of 2983 companies for PB Ratio. This places Cashway Fintech Co in the lower half of its industry. The industry median PB Ratio is 2.11. Cashway Fintech Co's value of 2.94 is 39.3% above this benchmark. Historically, Cashway Fintech Co's own PB Ratio has ranged from 1.47 to 7.70 over the past decade. While the company's 10-year median is 2.26 vs. the industry median of 2.11, Cashway Fintech 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 an Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.11, based on 2,983 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. Cashway Fintech Co's current PB Ratio of 2.94 is 39.3% 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 Cashway Fintech Co and its competitors. For the Industrial Products industry, the median PB Ratio is 2.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cashway Fintech Co's current PB Ratio is 2.94, which is 30% above median its own 10-year median of 2.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cashway Fintech Co stock overvalued right now?
Based on GuruFocus' analysis, Cashway Fintech Co (SHSE:603106) is currently considered Possible Value Trap. The stock's GF Value™ is ¥13.20, compared to a current price of ¥7.47 — trading 43.4% below its estimated fair value. The current PB Ratio is 2.94, which is 30% above median its 10-year median of 2.26 and 39.3% above the Industrial Products industry median of 2.11. Cashway Fintech Co's overall GF Score™ is 59/100 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 Cashway Fintech Co (SHSE:603106), the current PB Ratio is 2.94 as of Aug. 02, 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 Cashway Fintech Co (SHSE:603106) Overvalued in 2026?
Based on GuruFocus' analysis, Cashway Fintech Co stock appears to be undervalued.
The current stock price of ¥7.47 is trading 43.4% below its estimated GF Value™ of ¥13.20.
GuruFocus considers Cashway Fintech Co to be Possible Value Trap.
Key valuation signals for SHSE:603106:
PB Ratio: 2.94 (30% above median its 10-year median of 2.26)
GF Value™: ¥13.20 vs. price of ¥7.47 (43.4% below fair value)
Industry Position: 39.3% above the Industrial Products median (#1935 of 2983)
No single metric tells the full story. See the SHSE:603106 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cashway Fintech Co Ltd is a provider of smart banking solutions with financial self-service equipment as its core. The company engages in the research and development, manufacture, marketing, operation, and monitoring of banking self-service equipment.
59GF Score
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