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SHSE:688070'
s PB Ratio Range Over the Past 10 Years
Min: 2.53 Med: 5.53 Max: 12.4
Current: 4.59
During the past 9 years, Chengdu JOUAV Automation Tech Co's highest PB Ratio was 12.40. The lowest was 2.53. And the median was 5.53.
SHSE:688070's PB Ratio is ranked worse than 76.47% of 2418
companies
in the Hardware industry
Industry Median: 2.2
vs SHSE:688070: 4.59
During the past 12 months, Chengdu JOUAV Automation Tech 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 -3.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 4.20% per year.
During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Chengdu JOUAV Automation Tech Co was 57.40% per year. The lowest was -6.40% per year. And the median was 19.85% per year.
Back to Basics: PB Ratio
Chengdu JOUAV Automation Tech Co (SHSE:688070) 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.
Chengdu JOUAV Automation Tech Co PB Ratio Related Terms
Chengdu JOUAV Automation Tech Co 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:688070 vs SNDK, DELL, STX: PB Ratio Comparison
For the Computer Hardware subindustry, Chengdu JOUAV Automation Tech 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 JOUAV Automation Tech Co PB Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Chengdu JOUAV Automation Tech Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Chengdu JOUAV Automation Tech Co's PB Ratio falls into.
Chengdu JOUAV Automation Tech 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.
* 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.
Chengdu JOUAV Automation Tech Co (SHSE:688070) has a PB Ratio of 4.59 as of Jul. 24, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Chengdu JOUAV Automation Tech Co and its competitors. This is 17% below median its historical median of 5.53. Over the past decade, Chengdu JOUAV Automation Tech Co's PB Ratio has ranged from 2.53 to 12.40. According to the industry distribution chart, Chengdu JOUAV Automation Tech Co ranks #1849 out of 2418 companies in the Hardware industry, placing it in the top 76.5%.
Is Chengdu JOUAV Automation Tech Co's PB Ratio too high?
Chengdu JOUAV Automation Tech Co's current PB Ratio of 4.59 is 17% below median its 10-year median of 5.53. Over the past 10 years, this metric has ranged from a low of 2.53 to a high of 12.40. The Hardware industry median PB Ratio is 2.20. Chengdu JOUAV Automation Tech Co's value of 4.59 is 108.6% above this industry median. Based on the distribution chart, Chengdu JOUAV Automation Tech Co ranks #1849 out of 2418 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Chengdu JOUAV Automation Tech Co has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Chengdu JOUAV Automation Tech Co's PB Ratio compare to SNDK and DELL?
According to the Hardware industry distribution chart, Chengdu JOUAV Automation Tech Co ranks #1849 out of 2418 companies for PB Ratio. This places Chengdu JOUAV Automation Tech Co in the lower half of its industry. The industry median PB Ratio is 2.20. Chengdu JOUAV Automation Tech Co's value of 4.59 is 108.6% above this benchmark. Historically, Chengdu JOUAV Automation Tech Co's own PB Ratio has ranged from 2.53 to 12.40 over the past decade. While the company's 10-year median is 5.53 vs. the industry median of 2.20, Chengdu JOUAV Automation Tech 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 2.20, based on 2,418 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 JOUAV Automation Tech Co's current PB Ratio of 4.59 is 108.6% 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 JOUAV Automation Tech Co and its competitors. For the Hardware industry, the median PB Ratio is 2.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chengdu JOUAV Automation Tech Co's current PB Ratio is 4.59, which is 17% below median its own 10-year median of 5.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chengdu JOUAV Automation Tech Co stock overvalued right now?
Based on GuruFocus' analysis, Chengdu JOUAV Automation Tech Co (SHSE:688070) is currently considered Possible Value Trap. The stock's GF Value™ is ¥70.66, compared to a current price of ¥30.05 — trading 57.5% below its estimated fair value. The current PB Ratio is 4.59, which is 17% below median its 10-year median of 5.53 and 108.6% above the Hardware industry median of 2.20. Chengdu JOUAV Automation Tech Co's overall GF Score™ is 67/100 with 4 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 JOUAV Automation Tech Co (SHSE:688070), the current PB Ratio is 4.59 as of Jul. 24, 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 JOUAV Automation Tech Co (SHSE:688070) Overvalued in 2026?
Based on GuruFocus' analysis, Chengdu JOUAV Automation Tech Co stock appears to be undervalued.
The current stock price of ¥30.05 is trading 57.5% below its estimated GF Value™ of ¥70.66.
GuruFocus considers Chengdu JOUAV Automation Tech Co to be Possible Value Trap.
Key valuation signals for SHSE:688070:
PB Ratio: 4.59 (17% below median its 10-year median of 5.53)
GF Value™: ¥70.66 vs. price of ¥30.05 (57.5% below fair value)
Industry Position: 108.6% above the Hardware median (#1849 of 2418)
No single metric tells the full story. See the SHSE:688070 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chengdu JOUAV Automation Tech Co Business Description
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