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SHSE:603496'
s PB Ratio Range Over the Past 10 Years
Min: 1.96 Med: 5.11 Max: 14.13
Current: 5.53
During the past 13 years, EmbedWay Technologies (Shanghai)'s highest PB Ratio was 14.13. The lowest was 1.96. And the median was 5.11.
SHSE:603496's PB Ratio is ranked worse than 82.8% of 2419
companies
in the Hardware industry
Industry Median: 2.16
vs SHSE:603496: 5.53
During the past 12 months, EmbedWay Technologies (Shanghai)'s average Book Value Per Share Growth Rate was 3.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 3.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 7.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 14.20% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of EmbedWay Technologies (Shanghai) was 36.30% per year. The lowest was -0.90% per year. And the median was 11.40% per year.
Back to Basics: PB Ratio
EmbedWay Technologies (Shanghai) (SHSE:603496) 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.
EmbedWay Technologies (Shanghai) PB Ratio Related Terms
EmbedWay Technologies (Shanghai) 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.
SHSE:603496 vs CSCO, MSI, HPE: PB Ratio Comparison
For the Communication Equipment subindustry, EmbedWay Technologies (Shanghai)'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.
EmbedWay Technologies (Shanghai) PB Ratio vs Hardware Industry
For the Hardware industry and Technology sector, EmbedWay Technologies (Shanghai)'s PB Ratio distribution charts can be found below:
* The bar in red indicates where EmbedWay Technologies (Shanghai)'s PB Ratio falls into.
EmbedWay Technologies (Shanghai) 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.
EmbedWay Technologies (Shanghai) (SHSE:603496) has a PB Ratio of 5.53 as of Jul. 29, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on EmbedWay Technologies (Shanghai) and its competitors. This is near median its historical median of 5.11. Over the past decade, EmbedWay Technologies (Shanghai)'s PB Ratio has ranged from 1.96 to 14.13. According to the industry distribution chart, EmbedWay Technologies (Shanghai) ranks #2003 out of 2419 companies in the Hardware industry, placing it in the top 82.8%.
Is EmbedWay Technologies (Shanghai)'s PB Ratio too high?
EmbedWay Technologies (Shanghai)'s current PB Ratio of 5.53 is near median its 10-year median of 5.11. Over the past 10 years, this metric has ranged from a low of 1.96 to a high of 14.13. The Hardware industry median PB Ratio is 2.16. EmbedWay Technologies (Shanghai)'s value of 5.53 is 156% above this industry median. Based on the distribution chart, EmbedWay Technologies (Shanghai) ranks #2003 out of 2419 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, EmbedWay Technologies (Shanghai) has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does EmbedWay Technologies (Shanghai)'s PB Ratio compare to CSCO and MSI?
According to the Hardware industry distribution chart, EmbedWay Technologies (Shanghai) ranks #2003 out of 2419 companies for PB Ratio. This places EmbedWay Technologies (Shanghai) in the lower half of its industry. The industry median PB Ratio is 2.16. EmbedWay Technologies (Shanghai)'s value of 5.53 is 156% above this benchmark. Historically, EmbedWay Technologies (Shanghai)'s own PB Ratio has ranged from 1.96 to 14.13 over the past decade. While the company's 10-year median is 5.11 vs. the industry median of 2.16, EmbedWay Technologies (Shanghai) 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. EmbedWay Technologies (Shanghai)'s current PB Ratio of 5.53 is 156% 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 EmbedWay Technologies (Shanghai) 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. EmbedWay Technologies (Shanghai)'s current PB Ratio is 5.53, which is near median its own 10-year median of 5.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EmbedWay Technologies (Shanghai) stock overvalued right now?
Based on GuruFocus' analysis, EmbedWay Technologies (Shanghai) (SHSE:603496) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥37.99, compared to a current price of ¥24.10 — trading 36.6% below its estimated fair value. The current PB Ratio is 5.53, which is near median its 10-year median of 5.11 and 156% above the Hardware industry median of 2.16. EmbedWay Technologies (Shanghai)'s overall GF Score™ is 80/100 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 EmbedWay Technologies (Shanghai) (SHSE:603496), the current PB Ratio is 5.53 as of Jul. 29, 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 EmbedWay Technologies (Shanghai) (SHSE:603496) Overvalued in 2026?
Based on GuruFocus' analysis, EmbedWay Technologies (Shanghai) stock appears to be undervalued.
The current stock price of ¥24.10 is trading 36.6% below its estimated GF Value™ of ¥37.99.
GuruFocus considers EmbedWay Technologies (Shanghai) to be Significantly Undervalued.
Key valuation signals for SHSE:603496:
PB Ratio: 5.53 (near median its 10-year median of 5.11)
GF Value™: ¥37.99 vs. price of ¥24.10 (36.6% below fair value)
Industry Position: 156% above the Hardware median (#2003 of 2419)
No single metric tells the full story. See the SHSE:603496 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
EmbedWay Technologies (Shanghai) Business Description
EmbedWay Technologies (Shanghai) Corp is a supplier of DPI front-end applications and standard platforms. It provides products and solutions to various applications, such as telecommunications value-added services, internet safety, network and signaling monitoring, and communication equipment producing, among others. The products of the company are blade platform, standalone device, acceleration card, white box switches, converged computing, media processing, ATCA blade, and others.
80GF Score
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