Jiangxi Redboard Technology Co (SHSE:603459) PB Ratio: 32.61 (As of Aug. 07, 2026) — 26% Above Median

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SHSE:603459 Jiangxi Redboard Technology Co Ltd SHSE:603459
13 GF Score
Price ¥105.58
! 2 Warning Signs
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What is Jiangxi Redboard Technology Co PB Ratio?

Jiangxi Redboard Technology Co SHSE:603459 +10.00% 13 PB Ratio is 32.61 as of Aug. 07, 2026, which is 26% above its 10-year median of 25.93. GuruFocus rates SHSE:603459 with a GF Score™ of 13/100. The stock has 2 warning signs investors should review. Among 2,417 Hardware companies, Jiangxi Redboard Technology Co ranks worse than 98.63% 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 (2026-08-07), Jiangxi Redboard Technology Co's share price is ¥105.58. Jiangxi Redboard Technology Co's Book Value per Share for the quarter that ended in Mar. 2026 was ¥3.24. Hence, Jiangxi Redboard Technology Co's PB Ratio of today is 32.61.

The historical rank and industry rank for Jiangxi Redboard Technology Co's PB Ratio or its related term are showing as below:

SHSE:603459' s PB Ratio Range Over the Past 10 Years
Min: 17.01   Med: 25.93   Max: 32.62
Current: 32.59

During the past 4 years, Jiangxi Redboard Technology Co's highest PB Ratio was 32.62. The lowest was 17.01. And the median was 25.93.

SHSE:603459's PB Ratio is ranked worse than
98.63% of 2417 companies
in the Hardware industry
Industry Median: 2.3 vs SHSE:603459: 32.59

During the past 3 years, the average Book Value Per Share Growth Rate was 15.30% per year.

During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of Jiangxi Redboard Technology Co was 15.30% per year. The lowest was 15.30% per year. And the median was 15.30% per year.

Back to Basics: PB Ratio


Jiangxi Redboard Technology Co  (SHSE:603459) 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.


Jiangxi Redboard Technology Co PB Ratio Related Terms


Jiangxi Redboard Technology Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Jiangxi Redboard Technology 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.

Jiangxi Redboard Technology Co PB Ratio Chart

Jiangxi Redboard Technology Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
PB Ratio
0.00 0.00 0.00 0.00

Jiangxi Redboard Technology Co Quarterly Data
Dec22 Dec23 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PB Ratio Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

SHSE:603459 vs APH, GLW, TEL: PB Ratio Comparison

For the Electronic Components subindustry, Jiangxi Redboard Technology 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.


Jiangxi Redboard Technology Co PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Jiangxi Redboard Technology Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Jiangxi Redboard Technology Co's PB Ratio falls into.


SHSE:603459
13GF Score
Jiangxi Redboard Technology Co Ltd SHSE:603459
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Jiangxi Redboard Technology 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.

Jiangxi Redboard Technology Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=105.58/3.238
=32.61

* 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 32.61 mean?
Jiangxi Redboard Technology Co (SHSE:603459) has a PB Ratio of 32.61 as of Aug. 07, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Jiangxi Redboard Technology Co and its competitors. This is 26% above median its historical median of 25.93. Over the past decade, Jiangxi Redboard Technology Co's PB Ratio has ranged from 17.01 to 32.62. According to the industry distribution chart, Jiangxi Redboard Technology Co ranks #2384 out of 2417 companies in the Hardware industry, placing it in the top 98.6%.
Is Jiangxi Redboard Technology Co's PB Ratio too high?
Jiangxi Redboard Technology Co's current PB Ratio of 32.61 is 26% above median its 10-year median of 25.93. Over the past 10 years, this metric has ranged from a low of 17.01 to a high of 32.62. The Hardware industry median PB Ratio is 2.30. Jiangxi Redboard Technology Co's value of 32.61 is 1317.8% above this industry median. Based on the distribution chart, Jiangxi Redboard Technology Co ranks #2384 out of 2417 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Jiangxi Redboard Technology Co has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Jiangxi Redboard Technology Co's PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Jiangxi Redboard Technology Co ranks #2384 out of 2417 companies for PB Ratio. This places Jiangxi Redboard Technology Co in the lower half of its industry. The industry median PB Ratio is 2.30. Jiangxi Redboard Technology Co's value of 32.61 is 1317.8% above this benchmark. Historically, Jiangxi Redboard Technology Co's own PB Ratio has ranged from 17.01 to 32.62 over the past decade. While the company's 10-year median is 25.93 vs. the industry median of 2.30, Jiangxi Redboard Technology 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 2.30, 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. Jiangxi Redboard Technology Co's current PB Ratio of 32.61 is 1317.8% 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 Jiangxi Redboard Technology Co and its competitors. For the Hardware industry, the median PB Ratio is 2.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangxi Redboard Technology Co's current PB Ratio is 32.61, which is 26% above median its own 10-year median of 25.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangxi Redboard Technology Co stock overvalued right now?
Jiangxi Redboard Technology Co (SHSE:603459) has a current PB Ratio of 32.61. The current PB Ratio is 32.61, which is 26% above median its 10-year median of 25.93 and 1317.8% above the Hardware industry median of 2.30. Jiangxi Redboard Technology Co's overall GF Score™ is 13/100 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 Jiangxi Redboard Technology Co (SHSE:603459), the current PB Ratio is 32.61 as of Aug. 07, 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.

Jiangxi Redboard Technology Co Business Description

Address No. 281, Jingjiu Avenue, Jinggangshan Economic and Technological Development Zone, Jiangxi Province, Ji\'an City, CHN, 343100
Jiangxi Redboard Technology Co Ltd is engaged in the research, development, production, and sale of printed circuit boards. Its business activities also include the manufacturing of electronic components, research and sales of electronic materials, and the sale of electronic components and electromechanical equipment. The company focuses on manufacturing and selling various types of PCB, including HDI boards, PCB, FPC, RFPC, SLP, and IC substrates. Its products are used in consumer electronics, automotive electronics, high-end displays, communication electronics, and other fields, and are exported to various countries and regions such as Hong Kong, Singapore, Japan, Europe, and the United States.
13GF Score

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PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥105.58
Price