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SHSE:603312's PB Ratio is ranked worse than 61% of 2418
companies
in the Hardware industry
Industry Median: 2.11
vs SHSE:603312: 2.75
During the past 12 months, Suzhou West Deane New Power Electric Co's average Book Value Per Share Growth Rate was 6.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 45.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 63.20% per year.
During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Suzhou West Deane New Power Electric Co was 76.90% per year. The lowest was 45.20% per year. And the median was 66.95% 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.
Suzhou West Deane New Power Electric Co PB Ratio Related Terms
Suzhou West Deane New Power Electric 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.
Suzhou West Deane New Power Electric Co PB Ratio Chart
Suzhou West Deane New Power Electric Co Annual Data
For the Electronic Components subindustry, Suzhou West Deane New Power Electric 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.
Suzhou West Deane New Power Electric Co PB Ratio vs Hardware Industry
Suzhou West Deane New Power Electric 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.
Suzhou West Deane New Power Electric Co (SHSE:603312) has a PB Ratio of 2.75 as of Jul. 31, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Suzhou West Deane New Power Electric Co and its competitors. This is 21% below median its historical median of 3.46. Over the past decade, Suzhou West Deane New Power Electric Co's PB Ratio has ranged from 2.35 to 9.11. According to the industry distribution chart, Suzhou West Deane New Power Electric Co ranks #1475 out of 2418 companies in the Hardware industry, placing it in the top 61%.
Is Suzhou West Deane New Power Electric Co's PB Ratio too high?
Suzhou West Deane New Power Electric Co's current PB Ratio of 2.75 is 21% below median its 10-year median of 3.46. Over the past 10 years, this metric has ranged from a low of 2.35 to a high of 9.11. The Hardware industry median PB Ratio is 2.11. Suzhou West Deane New Power Electric Co's value of 2.75 is 30.3% above this industry median. Based on the distribution chart, Suzhou West Deane New Power Electric Co ranks #1475 out of 2418 companies in the Hardware industry, which is below the industry midpoint. Overall, Suzhou West Deane New Power Electric Co has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does Suzhou West Deane New Power Electric Co's PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Suzhou West Deane New Power Electric Co ranks #1475 out of 2418 companies for PB Ratio. This places Suzhou West Deane New Power Electric Co in the lower half of its industry. The industry median PB Ratio is 2.11. Suzhou West Deane New Power Electric Co's value of 2.75 is 30.3% above this benchmark. Historically, Suzhou West Deane New Power Electric Co's own PB Ratio has ranged from 2.35 to 9.11 over the past decade. While the company's 10-year median is 3.46 vs. the industry median of 2.11, Suzhou West Deane New Power Electric 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 2.11, based on 2,418 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. Suzhou West Deane New Power Electric Co's current PB Ratio of 2.75 is 30.3% 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 Suzhou West Deane New Power Electric Co and its competitors. For the Hardware 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. Suzhou West Deane New Power Electric Co's current PB Ratio is 2.75, which is 21% below median its own 10-year median of 3.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Suzhou West Deane New Power Electric Co stock overvalued right now?
Suzhou West Deane New Power Electric Co (SHSE:603312) has a current PB Ratio of 2.75. The current PB Ratio is 2.75, which is 21% below median its 10-year median of 3.46 and 30.3% above the Hardware industry median of 2.11. Suzhou West Deane New Power Electric Co's overall GF Score™ is 48/100 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 Suzhou West Deane New Power Electric Co (SHSE:603312), the current PB Ratio is 2.75 as of Jul. 31, 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.
Suzhou West Deane New Power Electric Co Ltd is engaged in research & development, design, production, and sales of electrical connection products such as aminated busbars, as well as system technical solutions. A laminated busbar is a multi-layer composite structure connecting bus. Its products include Powder coated laminated busbar, Edge-closed laminated busbar, EV-IBB, and Integrated Busbar.
48GF Score
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