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Shenzhen Kinwong Electronic Co Ltd stock PB Ratio (=5.58) is close to 5-year high of 6.11.
The historical rank and industry rank for Shenzhen Kinwong Electronic Co's PB Ratio or its related term are showing as below:
SHSE:603228'
s PB Ratio Range Over the Past 10 Years
Min: 1.57 Med: 4.38 Max: 7.55
Current: 5.02
During the past 13 years, Shenzhen Kinwong Electronic Co's highest PB Ratio was 7.55. The lowest was 1.57. And the median was 4.38.
SHSE:603228's PB Ratio is ranked worse than 81.89% of 2419
companies
in the Hardware industry
Industry Median: 2.16
vs SHSE:603228: 5.02
During the past 12 months, Shenzhen Kinwong Electronic Co's average Book Value Per Share Growth Rate was 7.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 11.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 11.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 18.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Shenzhen Kinwong Electronic Co was 45.00% per year. The lowest was -20.20% per year. And the median was 14.40% per year.
Back to Basics: PB Ratio
Shenzhen Kinwong Electronic Co (SHSE:603228) 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.
Shenzhen Kinwong Electronic Co PB Ratio Related Terms
Shenzhen Kinwong 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.
For the Electronic Components subindustry, Shenzhen Kinwong 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.
Shenzhen Kinwong Electronic Co PB Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Shenzhen Kinwong Electronic Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Shenzhen Kinwong Electronic Co's PB Ratio falls into.
Shenzhen Kinwong 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.
Shenzhen Kinwong Electronic Co (SHSE:603228) has a PB Ratio of 5.02 as of Jul. 30, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Shenzhen Kinwong Electronic Co and its competitors. This is 15% above median its historical median of 4.38. Over the past decade, Shenzhen Kinwong Electronic Co's PB Ratio has ranged from 1.57 to 7.55. According to the industry distribution chart, Shenzhen Kinwong Electronic Co ranks #1981 out of 2419 companies in the Hardware industry, placing it in the top 81.9%.
Is Shenzhen Kinwong Electronic Co's PB Ratio too high?
Shenzhen Kinwong Electronic Co's current PB Ratio of 5.02 is 15% above median its 10-year median of 4.38. Over the past 10 years, this metric has ranged from a low of 1.57 to a high of 7.55. The Hardware industry median PB Ratio is 2.16. Shenzhen Kinwong Electronic Co's value of 5.02 is 132.4% above this industry median. Based on the distribution chart, Shenzhen Kinwong Electronic Co ranks #1981 out of 2419 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Shenzhen Kinwong Electronic Co has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shenzhen Kinwong Electronic Co's PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Shenzhen Kinwong Electronic Co ranks #1981 out of 2419 companies for PB Ratio. This places Shenzhen Kinwong Electronic Co in the lower half of its industry. The industry median PB Ratio is 2.16. Shenzhen Kinwong Electronic Co's value of 5.02 is 132.4% above this benchmark. Historically, Shenzhen Kinwong Electronic Co's own PB Ratio has ranged from 1.57 to 7.55 over the past decade. While the company's 10-year median is 4.38 vs. the industry median of 2.16, Shenzhen Kinwong Electronic 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 2.16, 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. Shenzhen Kinwong Electronic Co's current PB Ratio of 5.02 is 132.4% 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 Shenzhen Kinwong Electronic Co and its competitors. For the Hardware industry, the median PB Ratio is 2.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shenzhen Kinwong Electronic Co's current PB Ratio is 5.02, which is 15% above median its own 10-year median of 4.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen Kinwong Electronic Co stock overvalued right now?
Based on GuruFocus' analysis, Shenzhen Kinwong Electronic Co (SHSE:603228) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥35.44, compared to a current price of ¥67.79 — trading 91.3% above its estimated fair value. The current PB Ratio is 5.02, which is 15% above median its 10-year median of 4.38 and 132.4% above the Hardware industry median of 2.16. Shenzhen Kinwong Electronic Co's overall GF Score™ is 83/100 with 12 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 Kinwong Electronic Co (SHSE:603228), the current PB Ratio is 5.02 as of Jul. 30, 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 Kinwong Electronic Co (SHSE:603228) Overvalued in 2026?
Based on GuruFocus' analysis, Shenzhen Kinwong Electronic Co stock appears to be overvalued.
The current stock price of ¥67.79 is trading 91.3% above its estimated GF Value™ of ¥35.44.
GuruFocus considers Shenzhen Kinwong Electronic Co to be Significantly Overvalued.
Key valuation signals for SHSE:603228:
PB Ratio: 5.02 (15% above median its 10-year median of 4.38)
GF Value™: ¥35.44 vs. price of ¥67.79 (91.3% above fair value)
Industry Position: 132.4% above the Hardware median (#1981 of 2419)
No single metric tells the full story. See the SHSE:603228 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shenzhen Kinwong Electronic Co Business Description
Shenzhen Kinwong Electronic Co Ltd is engaged in manufacturing and sale of Printed Circuit Boards (PCB). The group offers multi-layer PCB and flexible PCB. The products of the company are applied in consumer electronics, automotive, controller and equipment, network telecommunication and IT & PC peripheral. The firm has built a strategic partnership with global top brands such as Microsoft, Hitachi, Sanyo, Foxconn, Emerson, Honeywell, Logitech, and so on. Geographically operates through the Chinese market.
83GF Score
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