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The historical rank and industry rank for Siglent Technologies Co's PB Ratio or its related term are showing as below:
SHSE:688112'
s PB Ratio Range Over the Past 10 Years
Min: 2.25 Med: 4.07 Max: 54.36
Current: 4.93
During the past 9 years, Siglent Technologies Co's highest PB Ratio was 54.36. The lowest was 2.25. And the median was 4.07.
SHSE:688112's PB Ratio is ranked worse than 78.19% of 2416
companies
in the Hardware industry
Industry Median: 2.3
vs SHSE:688112: 4.93
During the past 12 months, Siglent Technologies Co's average Book Value Per Share Growth Rate was 4.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 2.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 34.60% per year.
During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Siglent Technologies Co was 118.30% per year. The lowest was -37.50% per year. And the median was 2.80% per year.
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.
* 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:688112 vs COHR, KEYS, GRMN: PB Ratio Comparison
For the Scientific & Technical Instruments subindustry, Siglent Technologies 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.
Siglent Technologies Co PB Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Siglent Technologies Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Siglent Technologies 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.
Siglent Technologies Co (SHSE:688112) has a PB Ratio of 4.93 as of Aug. 09, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Siglent Technologies Co and its competitors. This is 21% above median its historical median of 4.07. Over the past decade, Siglent Technologies Co's PB Ratio has ranged from 2.25 to 54.36. According to the industry distribution chart, Siglent Technologies Co ranks #1889 out of 2416 companies in the Hardware industry, placing it in the top 78.2%.
Is Siglent Technologies Co's PB Ratio too high?
Siglent Technologies Co's current PB Ratio of 4.93 is 21% above median its 10-year median of 4.07. Over the past 10 years, this metric has ranged from a low of 2.25 to a high of 54.36. The Hardware industry median PB Ratio is 2.30. Siglent Technologies Co's value of 4.93 is 114.3% above this industry median. Based on the distribution chart, Siglent Technologies Co ranks #1889 out of 2416 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Siglent Technologies Co has a GF Score™ of 94/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Siglent Technologies Co's PB Ratio compare to COHR and KEYS?
According to the Hardware industry distribution chart, Siglent Technologies Co ranks #1889 out of 2416 companies for PB Ratio. This places Siglent Technologies Co in the lower half of its industry. The industry median PB Ratio is 2.30. Siglent Technologies Co's value of 4.93 is 114.3% above this benchmark. Historically, Siglent Technologies Co's own PB Ratio has ranged from 2.25 to 54.36 over the past decade. While the company's 10-year median is 4.07 vs. the industry median of 2.30, Siglent Technologies 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 2.30, based on 2,416 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. Siglent Technologies Co's current PB Ratio of 4.93 is 114.3% 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 Siglent Technologies Co and its competitors. For the Hardware industry, the median PB Ratio is 2.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Siglent Technologies Co's current PB Ratio is 4.93, which is 21% above median its own 10-year median of 4.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Siglent Technologies Co stock overvalued right now?
Based on GuruFocus' analysis, Siglent Technologies Co (SHSE:688112) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥45.55, compared to a current price of ¥50.68 — trading 11.3% above its estimated fair value. The current PB Ratio is 4.93, which is 21% above median its 10-year median of 4.07 and 114.3% above the Hardware industry median of 2.30. Siglent Technologies Co's overall GF Score™ is 94/100 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 Siglent Technologies Co (SHSE:688112), the current PB Ratio is 4.93 as of Aug. 09, 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 Siglent Technologies Co (SHSE:688112) Overvalued in 2026?
Based on GuruFocus' analysis, Siglent Technologies Co stock appears to be overvalued.
The current stock price of ¥50.68 is trading 11.3% above its estimated GF Value™ of ¥45.55.
GuruFocus considers Siglent Technologies Co to be Modestly Overvalued.
Key valuation signals for SHSE:688112:
PB Ratio: 4.93 (21% above median its 10-year median of 4.07)
GF Value™: ¥45.55 vs. price of ¥50.68 (11.3% above fair value)
Industry Position: 114.3% above the Hardware median (#1889 of 2416)
No single metric tells the full story. See the SHSE:688112 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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