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The historical rank and industry rank for Hangzhou MDK Opto Electronic's PB Ratio or its related term are showing as below:
SHSE:688079'
s PB Ratio Range Over the Past 10 Years
Min: 1.72 Med: 2.98 Max: 10.3
Current: 4.85
During the past 9 years, Hangzhou MDK Opto Electronic's highest PB Ratio was 10.30. The lowest was 1.72. And the median was 2.98.
SHSE:688079's PB Ratio is ranked worse than 77.77% of 2420
companies
in the Hardware industry
Industry Median: 2.2
vs SHSE:688079: 4.85
During the past 12 months, Hangzhou MDK Opto Electronic's average Book Value Per Share Growth Rate was -8.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -7.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 5.50% per year.
During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Hangzhou MDK Opto Electronic was 23.80% per year. The lowest was -23.60% per year. And the median was 1.40% per year.
Back to Basics: PB Ratio
Hangzhou MDK Opto Electronic (SHSE:688079) 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.
Hangzhou MDK Opto Electronic PB Ratio Related Terms
Hangzhou MDK Opto Electronic 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.
For the Electronic Components subindustry, Hangzhou MDK Opto Electronic'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.
Hangzhou MDK Opto Electronic PB Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Hangzhou MDK Opto Electronic's PB Ratio distribution charts can be found below:
* The bar in red indicates where Hangzhou MDK Opto Electronic'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.
Hangzhou MDK Opto Electronic (SHSE:688079) has a PB Ratio of 4.85 as of Jul. 27, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Hangzhou MDK Opto Electronic and its competitors. This is 63% above median its historical median of 2.98. Over the past decade, Hangzhou MDK Opto Electronic's PB Ratio has ranged from 1.72 to 10.30. According to the industry distribution chart, Hangzhou MDK Opto Electronic ranks #1882 out of 2420 companies in the Hardware industry, placing it in the top 77.8%.
Is Hangzhou MDK Opto Electronic's PB Ratio too high?
Hangzhou MDK Opto Electronic's current PB Ratio of 4.85 is 63% above median its 10-year median of 2.98. Over the past 10 years, this metric has ranged from a low of 1.72 to a high of 10.30. The Hardware industry median PB Ratio is 2.20. Hangzhou MDK Opto Electronic's value of 4.85 is 120.5% above this industry median. Based on the distribution chart, Hangzhou MDK Opto Electronic ranks #1882 out of 2420 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Hangzhou MDK Opto Electronic has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hangzhou MDK Opto Electronic's PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Hangzhou MDK Opto Electronic ranks #1882 out of 2420 companies for PB Ratio. This places Hangzhou MDK Opto Electronic in the lower half of its industry. The industry median PB Ratio is 2.20. Hangzhou MDK Opto Electronic's value of 4.85 is 120.5% above this benchmark. Historically, Hangzhou MDK Opto Electronic's own PB Ratio has ranged from 1.72 to 10.30 over the past decade. While the company's 10-year median is 2.98 vs. the industry median of 2.20, Hangzhou MDK Opto Electronic 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 2,420 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. Hangzhou MDK Opto Electronic's current PB Ratio of 4.85 is 120.5% 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 Hangzhou MDK Opto Electronic 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. Hangzhou MDK Opto Electronic's current PB Ratio is 4.85, which is 63% above median its own 10-year median of 2.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hangzhou MDK Opto Electronic stock overvalued right now?
Based on GuruFocus' analysis, Hangzhou MDK Opto Electronic (SHSE:688079) is currently considered Fairly Valued. The stock's GF Value™ is ¥15.31, compared to a current price of ¥14.73 — trading 3.8% below its estimated fair value. The current PB Ratio is 4.85, which is 63% above median its 10-year median of 2.98 and 120.5% above the Hardware industry median of 2.20. Hangzhou MDK Opto Electronic's overall GF Score™ is 64/100 with 6 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 Hangzhou MDK Opto Electronic (SHSE:688079), the current PB Ratio is 4.85 as of Jul. 27, 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 Hangzhou MDK Opto Electronic (SHSE:688079) Overvalued in 2026?
Based on GuruFocus' analysis, Hangzhou MDK Opto Electronic stock appears to be undervalued.
The current stock price of ¥14.73 is trading 3.8% below its estimated GF Value™ of ¥15.31.
GuruFocus considers Hangzhou MDK Opto Electronic to be Fairly Valued.
Key valuation signals for SHSE:688079:
PB Ratio: 4.85 (63% above median its 10-year median of 2.98)
GF Value™: ¥15.31 vs. price of ¥14.73 (3.8% below fair value)
Industry Position: 120.5% above the Hardware median (#1882 of 2420)
No single metric tells the full story. See the SHSE:688079 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hangzhou MDK Opto Electronic Corp Ltd is engaged in the Research, development, manufacturing and sales of various optical and optoelectronic components, and provision of precision machining and manufacturing services for optical and optoelectronic products.
64GF Score
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