Cinderson Tech (Suzhou) Co (SHSE:603344) PB Ratio: 1.98 (As of Aug. 13, 2026) — 19% Below Median

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SHSE:603344 Cinderson Tech (Suzhou) Co Ltd SHSE:603344
20 GF Score
Price ¥22.13
! 2 Warning Signs
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What is Cinderson Tech (Suzhou) Co PB Ratio?

Cinderson Tech (Suzhou) Co SHSE:603344 -2.21% 20 PB Ratio is 1.98 as of Aug. 13, 2026, which is 19% below its 10-year median of 2.45. GuruFocus rates SHSE:603344 with a GF Score™ of 20/100. The stock has 2 warning signs investors should review. Among 2,979 Industrial Products companies, Cinderson Tech (Suzhou) Co ranks better than 54.92% 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 (2026-08-13), Cinderson Tech (Suzhou) Co's share price is ¥22.13. Cinderson Tech (Suzhou) Co's Book Value per Share for the quarter that ended in Mar. 2026 was ¥11.15. Hence, Cinderson Tech (Suzhou) Co's PB Ratio of today is 1.98.

Good Sign:

Cinderson Tech (Suzhou) Co Ltd stock PB Ratio (=2.03) is close to 3-year low of 1.87.

The historical rank and industry rank for Cinderson Tech (Suzhou) Co's PB Ratio or its related term are showing as below:

SHSE:603344' s PB Ratio Range Over the Past 10 Years
Min: 1.87   Med: 2.45   Max: 4.86
Current: 1.98

During the past 7 years, Cinderson Tech (Suzhou) Co's highest PB Ratio was 4.86. The lowest was 1.87. And the median was 2.45.

SHSE:603344's PB Ratio is ranked better than
54.92% of 2979 companies
in the Industrial Products industry
Industry Median: 2.21 vs SHSE:603344: 1.98

During the past 12 months, Cinderson Tech (Suzhou) Co's average Book Value Per Share Growth Rate was 5.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 23.80% per year.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Cinderson Tech (Suzhou) Co was 32.70% per year. The lowest was 23.80% per year. And the median was 28.25% per year.

Back to Basics: PB Ratio


Cinderson Tech (Suzhou) Co  (SHSE:603344) 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.


Cinderson Tech (Suzhou) Co PB Ratio Related Terms


Cinderson Tech (Suzhou) Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Cinderson Tech (Suzhou) 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.

Cinderson Tech (Suzhou) Co PB Ratio Chart

Cinderson Tech (Suzhou) Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial 0.00 0.00 0.00 2.35 3.40

Cinderson Tech (Suzhou) Co Quarterly Data
Dec19 Dec20 Dec21 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 2.39 2.41 2.76 3.40 2.42

SHSE:603344 vs VRT, BE: PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, Cinderson Tech (Suzhou) 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.


Cinderson Tech (Suzhou) Co PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Cinderson Tech (Suzhou) Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Cinderson Tech (Suzhou) Co's PB Ratio falls into.


SHSE:603344
20GF Score
Cinderson Tech (Suzhou) Co Ltd SHSE:603344
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Cinderson Tech (Suzhou) 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.

Cinderson Tech (Suzhou) Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=22.13/11.153
=1.98

* 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 1.98 mean?
Cinderson Tech (Suzhou) Co (SHSE:603344) has a PB Ratio of 1.98 as of Aug. 13, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Cinderson Tech (Suzhou) Co and its competitors. This is 19% below median its historical median of 2.45. Over the past decade, Cinderson Tech (Suzhou) Co's PB Ratio has ranged from 1.87 to 4.86. According to the industry distribution chart, Cinderson Tech (Suzhou) Co ranks #1343 out of 2979 companies in the Industrial Products industry, placing it in the top 45.1%.
Is Cinderson Tech (Suzhou) Co's PB Ratio too high?
Cinderson Tech (Suzhou) Co's current PB Ratio of 1.98 is 19% below median its 10-year median of 2.45. Over the past 10 years, this metric has ranged from a low of 1.87 to a high of 4.86. The Industrial Products industry median PB Ratio is 2.21. Cinderson Tech (Suzhou) Co's value of 1.98 is 10.4% below this industry median. Based on the distribution chart, Cinderson Tech (Suzhou) Co ranks #1343 out of 2979 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Cinderson Tech (Suzhou) Co has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Cinderson Tech (Suzhou) Co's PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Cinderson Tech (Suzhou) Co ranks #1343 out of 2979 companies for PB Ratio. This puts Cinderson Tech (Suzhou) Co in the upper half of its industry. The industry median PB Ratio is 2.21. Cinderson Tech (Suzhou) Co's value of 1.98 is 10.4% below this benchmark. Historically, Cinderson Tech (Suzhou) Co's own PB Ratio has ranged from 1.87 to 4.86 over the past decade. While the company's 10-year median is 2.45 vs. the industry median of 2.21, Cinderson Tech (Suzhou) 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 an Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.21, based on 2,979 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. Cinderson Tech (Suzhou) Co's current PB Ratio of 1.98 is 10.4% 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 Cinderson Tech (Suzhou) Co and its competitors. For the Industrial Products industry, the median PB Ratio is 2.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cinderson Tech (Suzhou) Co's current PB Ratio is 1.98, which is 19% below median its own 10-year median of 2.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cinderson Tech (Suzhou) Co stock overvalued right now?
Cinderson Tech (Suzhou) Co (SHSE:603344) has a current PB Ratio of 1.98. The current PB Ratio is 1.98, which is 19% below median its 10-year median of 2.45 and 10.4% below the Industrial Products industry median of 2.21. Cinderson Tech (Suzhou) Co's overall GF Score™ is 20/100 with 2 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 Cinderson Tech (Suzhou) Co (SHSE:603344), the current PB Ratio is 1.98 as of Aug. 13, 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.

Cinderson Tech (Suzhou) Co Business Description

Address Linbu Street, Weiting Street, No. 15, Suzhou Industrial Park, Jiangsu Province, Suzhou, CHN, 215100
Cinderson Tech (Suzhou) Co Ltd is engaged in research and development, production and sales of micro motors and related products. Its products are mainly used in the field of cleaning electrical appliances represented by vacuum cleaners, and have been simultaneously developed to other terminal application fields such as power tools and garden tools. Its product category includes DC brushless motor, Ac series motor and Dc brush motor.
20GF Score

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¥22.13
Price