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Hefei Conver Holding CoSHSE:603409 +0.06%48 PB Ratio is 2.11 as of Aug. 05, 2026, which is 31% below its 10-year median of 3.08. GuruFocus rates SHSE:603409 with a GF Score™ of 48/100. The stock has 3 warning signs investors should review. Among 1,294 Vehicles & Parts companies, Hefei Conver Holding Co ranks worse than 65.61% on this metric.
Hefei Conver Holding Co Ltd stock PB Ratio (=1.94) is close to 2-year low of 1.94.
The historical rank and industry rank for Hefei Conver Holding Co's PB Ratio or its related term are showing as below:
SHSE:603409'
s PB Ratio Range Over the Past 10 Years
Min: 1.94 Med: 3.08 Max: 5.45
Current: 2.11
During the past 13 years, Hefei Conver Holding Co's highest PB Ratio was 5.45. The lowest was 1.94. And the median was 3.08.
SHSE:603409's PB Ratio is ranked worse than 65.61% of 1294
companies
in the Vehicles & Parts industry
Industry Median: 1.405
vs SHSE:603409: 2.11
During the past 12 months, Hefei Conver Holding Co's average Book Value Per Share Growth Rate was 5.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 37.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 38.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 30.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Hefei Conver Holding Co was 59.10% per year. The lowest was 19.80% per year. And the median was 37.30% 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.
* 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 Auto Parts subindustry, Hefei Conver Holding 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.
Hefei Conver Holding Co PB Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Hefei Conver Holding Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Hefei Conver Holding 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.
Hefei Conver Holding Co (SHSE:603409) has a PB Ratio of 2.11 as of Aug. 05, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Hefei Conver Holding Co and its competitors. This is 31% below median its historical median of 3.08. Over the past decade, Hefei Conver Holding Co's PB Ratio has ranged from 1.94 to 5.45. According to the industry distribution chart, Hefei Conver Holding Co ranks #849 out of 1294 companies in the Vehicles & Parts industry, placing it in the top 65.6%.
Is Hefei Conver Holding Co's PB Ratio too high?
Hefei Conver Holding Co's current PB Ratio of 2.11 is 31% below median its 10-year median of 3.08. Over the past 10 years, this metric has ranged from a low of 1.94 to a high of 5.45. The Vehicles & Parts industry median PB Ratio is 1.41. Hefei Conver Holding Co's value of 2.11 is 50.2% above this industry median. Based on the distribution chart, Hefei Conver Holding Co ranks #849 out of 1294 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Hefei Conver Holding Co has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does Hefei Conver Holding Co's PB Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Hefei Conver Holding Co ranks #849 out of 1294 companies for PB Ratio. This places Hefei Conver Holding Co in the lower half of its industry. The industry median PB Ratio is 1.41. Hefei Conver Holding Co's value of 2.11 is 50.2% above this benchmark. Historically, Hefei Conver Holding Co's own PB Ratio has ranged from 1.94 to 5.45 over the past decade. While the company's 10-year median is 3.08 vs. the industry median of 1.41, Hefei Conver Holding 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 Vehicles & Parts company?
The median PB Ratio among Vehicles & Parts companies is 1.41, based on 1,294 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. Hefei Conver Holding Co's current PB Ratio of 2.11 is 50.2% 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 Hefei Conver Holding Co and its competitors. For the Vehicles & Parts industry, the median PB Ratio is 1.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hefei Conver Holding Co's current PB Ratio is 2.11, which is 31% below median its own 10-year median of 3.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hefei Conver Holding Co stock overvalued right now?
Hefei Conver Holding Co (SHSE:603409) has a current PB Ratio of 2.11. The current PB Ratio is 2.11, which is 31% below median its 10-year median of 3.08 and 50.2% above the Vehicles & Parts industry median of 1.41. Hefei Conver Holding Co's overall GF Score™ is 48/100 with 3 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 Hefei Conver Holding Co (SHSE:603409), the current PB Ratio is 2.11 as of Aug. 05, 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.
Hefei Conver Holding Co Ltd is engaged in research & development, production and sales of automotive styling components and automotive acoustic products.
48GF Score
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