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Shenzhen Gongjin Electronics Co Ltd stock PB Ratio (=2.45) is close to 5-year high of 2.47.
The historical rank and industry rank for Shenzhen Gongjin Electronics Co's PB Ratio or its related term are showing as below:
SHSE:603118'
s PB Ratio Range Over the Past 10 Years
Min: 0.88 Med: 1.57 Max: 3.86
Current: 2.11
During the past 13 years, Shenzhen Gongjin Electronics Co's highest PB Ratio was 3.86. The lowest was 0.88. And the median was 1.57.
SHSE:603118's PB Ratio is ranked better than 52.88% of 2417
companies
in the Hardware industry
Industry Median: 2.19
vs SHSE:603118: 2.11
During the past 12 months, Shenzhen Gongjin Electronics Co's average Book Value Per Share Growth Rate was 1.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -0.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 0.90% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 4.20% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Shenzhen Gongjin Electronics Co was 41.50% per year. The lowest was -0.40% per year. And the median was 3.55% 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.
Shenzhen Gongjin Electronics Co PB Ratio Related Terms
Shenzhen Gongjin Electronics 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.
SHSE:603118 vs CSCO, MSI, HPE: PB Ratio Comparison
For the Communication Equipment subindustry, Shenzhen Gongjin Electronics 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.
Shenzhen Gongjin Electronics Co PB Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Shenzhen Gongjin Electronics Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Shenzhen Gongjin Electronics Co's PB Ratio falls into.
Shenzhen Gongjin Electronics 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.
Shenzhen Gongjin Electronics Co (SHSE:603118) has a PB Ratio of 2.11 as of Aug. 04, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Shenzhen Gongjin Electronics Co and its competitors. This is 34% above median its historical median of 1.57. Over the past decade, Shenzhen Gongjin Electronics Co's PB Ratio has ranged from 0.88 to 3.86. According to the industry distribution chart, Shenzhen Gongjin Electronics Co ranks #1139 out of 2417 companies in the Hardware industry, placing it in the top 47.1%.
Is Shenzhen Gongjin Electronics Co's PB Ratio too high?
Shenzhen Gongjin Electronics Co's current PB Ratio of 2.11 is 34% above median its 10-year median of 1.57. Over the past 10 years, this metric has ranged from a low of 0.88 to a high of 3.86. The Hardware industry median PB Ratio is 2.19. Shenzhen Gongjin Electronics Co's value of 2.11 is 3.7% below this industry median. Based on the distribution chart, Shenzhen Gongjin Electronics Co ranks #1139 out of 2417 companies in the Hardware industry, which is above the industry midpoint. Overall, Shenzhen Gongjin Electronics Co has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shenzhen Gongjin Electronics Co's PB Ratio compare to CSCO and MSI?
According to the Hardware industry distribution chart, Shenzhen Gongjin Electronics Co ranks #1139 out of 2417 companies for PB Ratio. This puts Shenzhen Gongjin Electronics Co in the upper half of its industry. The industry median PB Ratio is 2.19. Shenzhen Gongjin Electronics Co's value of 2.11 is 3.7% below this benchmark. Historically, Shenzhen Gongjin Electronics Co's own PB Ratio has ranged from 0.88 to 3.86 over the past decade. While the company's 10-year median is 1.57 vs. the industry median of 2.19, Shenzhen Gongjin Electronics 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 a Hardware company?
The median PB Ratio among Hardware companies is 2.19, based on 2,417 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. Shenzhen Gongjin Electronics Co's current PB Ratio of 2.11 is 3.7% 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 Shenzhen Gongjin Electronics Co and its competitors. For the Hardware industry, the median PB Ratio is 2.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shenzhen Gongjin Electronics Co's current PB Ratio is 2.11, which is 34% above median its own 10-year median of 1.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen Gongjin Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Shenzhen Gongjin Electronics Co (SHSE:603118) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥12.10, compared to a current price of ¥13.63 — trading 12.6% above its estimated fair value. The current PB Ratio is 2.11, which is 34% above median its 10-year median of 1.57 and 3.7% below the Hardware industry median of 2.19. Shenzhen Gongjin Electronics Co's overall GF Score™ is 67/100 with 10 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 Shenzhen Gongjin Electronics Co (SHSE:603118), the current PB Ratio is 2.11 as of Aug. 04, 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 Shenzhen Gongjin Electronics Co (SHSE:603118) Overvalued in 2026?
Based on GuruFocus' analysis, Shenzhen Gongjin Electronics Co stock appears to be overvalued.
The current stock price of ¥13.63 is trading 12.6% above its estimated GF Value™ of ¥12.10.
GuruFocus considers Shenzhen Gongjin Electronics Co to be Modestly Overvalued.
Key valuation signals for SHSE:603118:
PB Ratio: 2.11 (34% above median its 10-year median of 1.57)
GF Value™: ¥12.10 vs. price of ¥13.63 (12.6% above fair value)
Industry Position: 3.7% below the Hardware median (#1139 of 2417)
No single metric tells the full story. See the SHSE:603118 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shenzhen Gongjin Electronics Co Ltd through its subsidiaries is engaged in manufacturing of broadband communication terminal products. It is specialized in the communication terminals, communication networks, and smart medical services. It also researches and develops, produces, sale and provides services of broadband access terminals, wireless communication devices and optical communication products. Its products include Cable broadband, LTE dual carrier, optical, wireless terminal.
67GF Score
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