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The historical rank and industry rank for Hangzhou Pinming Software Co's PB Ratio or its related term are showing as below:
SHSE:688109'
s PB Ratio Range Over the Past 10 Years
Min: 1.7 Med: 2.82 Max: 15.77
Current: 6.56
During the past 13 years, Hangzhou Pinming Software Co's highest PB Ratio was 15.77. The lowest was 1.70. And the median was 2.82.
SHSE:688109's PB Ratio is ranked worse than 84.02% of 2635
companies
in the Software industry
Industry Median: 2.39
vs SHSE:688109: 6.56
During the past 12 months, Hangzhou Pinming Software Co's average Book Value Per Share Growth Rate was 0.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -0.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 10.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 35.30% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Hangzhou Pinming Software Co was 198.40% per year. The lowest was -4.80% per year. And the median was 41.15% per year.
Back to Basics: PB Ratio
Hangzhou Pinming Software Co (SHSE:688109) 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 Pinming Software Co PB Ratio Related Terms
Hangzhou Pinming Software 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:688109 vs QH, SHOP, UBER: PB Ratio Comparison
For the Software - Application subindustry, Hangzhou Pinming Software 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.
Hangzhou Pinming Software Co PB Ratio vs Software Industry
For the Software industry and Technology sector, Hangzhou Pinming Software Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Hangzhou Pinming Software Co'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 Pinming Software Co (SHSE:688109) has a PB Ratio of 6.56 as of Jul. 28, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Hangzhou Pinming Software Co and its competitors. This is 133% above median its historical median of 2.82. Over the past decade, Hangzhou Pinming Software Co's PB Ratio has ranged from 1.70 to 15.77. According to the industry distribution chart, Hangzhou Pinming Software Co ranks #2214 out of 2635 companies in the Software industry, placing it in the top 84%.
Is Hangzhou Pinming Software Co's PB Ratio too high?
Hangzhou Pinming Software Co's current PB Ratio of 6.56 is 133% above median its 10-year median of 2.82. Over the past 10 years, this metric has ranged from a low of 1.70 to a high of 15.77. The Software industry median PB Ratio is 2.39. Hangzhou Pinming Software Co's value of 6.56 is 174.5% above this industry median. Based on the distribution chart, Hangzhou Pinming Software Co ranks #2214 out of 2635 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Hangzhou Pinming Software Co has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hangzhou Pinming Software Co's PB Ratio compare to QH and SHOP?
According to the Software industry distribution chart, Hangzhou Pinming Software Co ranks #2214 out of 2635 companies for PB Ratio. This places Hangzhou Pinming Software Co in the lower half of its industry. The industry median PB Ratio is 2.39. Hangzhou Pinming Software Co's value of 6.56 is 174.5% above this benchmark. Historically, Hangzhou Pinming Software Co's own PB Ratio has ranged from 1.70 to 15.77 over the past decade. While the company's 10-year median is 2.82 vs. the industry median of 2.39, Hangzhou Pinming Software 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 Software company?
The median PB Ratio among Software companies is 2.39, based on 2,635 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 Pinming Software Co's current PB Ratio of 6.56 is 174.5% 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 Pinming Software Co and its competitors. For the Software industry, the median PB Ratio is 2.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hangzhou Pinming Software Co's current PB Ratio is 6.56, which is 133% above median its own 10-year median of 2.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hangzhou Pinming Software Co stock overvalued right now?
Based on GuruFocus' analysis, Hangzhou Pinming Software Co (SHSE:688109) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥29.53, compared to a current price of ¥65.96 — trading 123.4% above its estimated fair value. The current PB Ratio is 6.56, which is 133% above median its 10-year median of 2.82 and 174.5% above the Software industry median of 2.39. Hangzhou Pinming Software Co's overall GF Score™ is 63/100 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 Hangzhou Pinming Software Co (SHSE:688109), the current PB Ratio is 6.56 as of Jul. 28, 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 Pinming Software Co (SHSE:688109) Overvalued in 2026?
Based on GuruFocus' analysis, Hangzhou Pinming Software Co stock appears to be overvalued.
The current stock price of ¥65.96 is trading 123.4% above its estimated GF Value™ of ¥29.53.
GuruFocus considers Hangzhou Pinming Software Co to be Significantly Overvalued.
Key valuation signals for SHSE:688109:
PB Ratio: 6.56 (133% above median its 10-year median of 2.82)
GF Value™: ¥29.53 vs. price of ¥65.96 (123.4% above fair value)
Industry Position: 174.5% above the Software median (#2214 of 2635)
No single metric tells the full story. See the SHSE:688109 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hangzhou Pinming Software Co Ltd is a provider of applied technology and products of digital construction in the construction phase. It focuses on the field of engineering construction information technology. Its business covers engineering cost, construction software, BIM software, smart construction sites, and universities. , Industry supervision, infrastructure and others.
63GF Score
Get the complete analysis for SHSE:688109
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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