Chengdu Haoneng Technology Co (SHSE:603809) PB Ratio: 2.12 (As of Sep. 01, 2026) — Near Median

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SHSE:603809 Chengdu Haoneng Technology Co Ltd SHSE:603809
78 GF Score
Price ¥8.99
GF Value ¥9.36
Valuation Fairly Valued
! 5 Warning Signs
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What is Chengdu Haoneng Technology Co PB Ratio?

Chengdu Haoneng Technology Co SHSE:603809 -0.22% 78 PB Ratio is 2.12 as of Sep. 01, 2026, which is 5% below its 10-year median of 2.23. GuruFocus rates SHSE:603809 with a GF Score™ of 78/100 and a GF Value™ of ¥9.36 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,300 Vehicles & Parts companies, Chengdu Haoneng Technology Co ranks worse than 64.92% 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 (2026-09-01), Chengdu Haoneng Technology Co's share price is ¥8.99. Chengdu Haoneng Technology Co's Book Value per Share for the quarter that ended in Jun. 2026 was ¥4.24. Hence, Chengdu Haoneng Technology Co's PB Ratio of today is 2.12.

Good Sign:

Chengdu Haoneng Technology Co Ltd stock PB Ratio (=2.11) is close to 1-year low of 1.97.

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

SHSE:603809' s PB Ratio Range Over the Past 10 Years
Min: 1.2   Med: 2.23   Max: 4.35
Current: 2.12

During the past 13 years, Chengdu Haoneng Technology Co's highest PB Ratio was 4.35. The lowest was 1.20. And the median was 2.23.

SHSE:603809's PB Ratio is ranked worse than
64.92% of 1300 companies
in the Vehicles & Parts industry
Industry Median: 1.42 vs SHSE:603809: 2.12

During the past 12 months, Chengdu Haoneng Technology Co's average Book Value Per Share Growth Rate was 12.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 12.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 12.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 11.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Chengdu Haoneng Technology Co was 26.70% per year. The lowest was 4.20% per year. And the median was 14.20% per year.

Back to Basics: PB Ratio


Chengdu Haoneng Technology Co  (SHSE:603809) 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.


Chengdu Haoneng Technology Co PB Ratio Related Terms


Chengdu Haoneng Technology Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Chengdu Haoneng 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.

Chengdu Haoneng Technology Co PB Ratio Chart

Chengdu Haoneng Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.38 1.98 2.07 2.47 3.60

Chengdu Haoneng Technology Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 Premium Member Only 4.05 4.19 3.60 2.64 2.07

SHSE:603809 vs ORLY, AZO, GPC: PB Ratio Comparison

For the Auto Parts subindustry, Chengdu Haoneng 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.


Chengdu Haoneng Technology Co PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Chengdu Haoneng Technology Co's PB Ratio distribution charts can be found below:

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


SHSE:603809
78GF Score
Chengdu Haoneng Technology Co Ltd SHSE:603809
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chengdu Haoneng 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.

Chengdu Haoneng Technology Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2026)
=8.99/4.239
=2.12

* 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 2.12 mean?
Chengdu Haoneng Technology Co (SHSE:603809) has a PB Ratio of 2.12 as of Sep. 01, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Chengdu Haoneng Technology Co and its competitors. This is near median its historical median of 2.23. Over the past decade, Chengdu Haoneng Technology Co's PB Ratio has ranged from 1.20 to 4.35. According to the industry distribution chart, Chengdu Haoneng Technology Co ranks #844 out of 1300 companies in the Vehicles & Parts industry, placing it in the top 64.9%.
Is Chengdu Haoneng Technology Co's PB Ratio too high?
Chengdu Haoneng Technology Co's current PB Ratio of 2.12 is near median its 10-year median of 2.23. Over the past 10 years, this metric has ranged from a low of 1.20 to a high of 4.35. The Vehicles & Parts industry median PB Ratio is 1.42. Chengdu Haoneng Technology Co's value of 2.12 is 49.3% above this industry median. Based on the distribution chart, Chengdu Haoneng Technology Co ranks #844 out of 1300 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Chengdu Haoneng Technology Co has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Chengdu Haoneng Technology Co's PB Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Chengdu Haoneng Technology Co ranks #844 out of 1300 companies for PB Ratio. This places Chengdu Haoneng Technology Co in the lower half of its industry. The industry median PB Ratio is 1.42. Chengdu Haoneng Technology Co's value of 2.12 is 49.3% above this benchmark. Historically, Chengdu Haoneng Technology Co's own PB Ratio has ranged from 1.20 to 4.35 over the past decade. While the company's 10-year median is 2.23 vs. the industry median of 1.42, Chengdu Haoneng 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 Vehicles & Parts company?
The median PB Ratio among Vehicles & Parts companies is 1.42, based on 1,300 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. Chengdu Haoneng Technology Co's current PB Ratio of 2.12 is 49.3% 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 Chengdu Haoneng Technology Co and its competitors. For the Vehicles & Parts industry, the median PB Ratio is 1.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chengdu Haoneng Technology Co's current PB Ratio is 2.12, which is near median its own 10-year median of 2.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chengdu Haoneng Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Chengdu Haoneng Technology Co (SHSE:603809) is currently considered Fairly Valued. The stock's GF Value™ is ¥9.36, compared to a current price of ¥8.99 — trading 4% below its estimated fair value. The current PB Ratio is 2.12, which is near median its 10-year median of 2.23 and 49.3% above the Vehicles & Parts industry median of 1.42. Chengdu Haoneng Technology Co's overall GF Score™ is 78/100 with 5 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 Chengdu Haoneng Technology Co (SHSE:603809), the current PB Ratio is 2.12 as of Sep. 01, 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 Chengdu Haoneng Technology Co (SHSE:603809) Overvalued in 2026?

Based on GuruFocus' analysis, Chengdu Haoneng Technology Co stock appears to be undervalued. The current stock price of ¥8.99 is trading 4% below its estimated GF Value™ of ¥9.36. GuruFocus considers Chengdu Haoneng Technology Co to be Fairly Valued.

Key valuation signals for SHSE:603809:

  • PB Ratio: 2.12 (near median its 10-year median of 2.23)
  • GF Value™: ¥9.36 vs. price of ¥8.99 (4% below fair value)
  • GF Score™: 78/100 with 5 warning signs
  • Industry Position: 49.3% above the Vehicles & Parts median (#844 of 1300)

No single metric tells the full story. See the SHSE:603809 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chengdu Haoneng Technology Co Business Description

Address No. 288 South Second Road, Chengdu Economic and Technological Development Zone, Sichuan Province, Chengdu, CHN, 610100
Chengdu Haoneng Technology Co Ltd is mainly engaged in synchronizer ring, synchronizer, combined tooth, and double Production and sales of automotive parts such as clutch main hub and support in China. Its products include forging synchronizer tooth rings, stamping synchronizer gear rings, and synchronizer gear ring.
78GF Score

Get the complete analysis for SHSE:603809

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

¥8.99
Price
¥9.36
GF Value