Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Optowide Technologies CoSHSE:688195 +4.11%66 PB Ratio is 22.34 as of Jul. 27, 2026, which is 384% above its 10-year median of 4.62. GuruFocus rates SHSE:688195 with a GF Score™ of 66/100 and a GF Value™ of ¥47.35 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,420 Hardware companies, Optowide Technologies Co ranks worse than 97.27% on this metric.
The historical rank and industry rank for Optowide Technologies Co's PB Ratio or its related term are showing as below:
SHSE:688195'
s PB Ratio Range Over the Past 10 Years
Min: 2.5 Med: 4.62 Max: 59.06
Current: 22.34
During the past 9 years, Optowide Technologies Co's highest PB Ratio was 59.06. The lowest was 2.50. And the median was 4.62.
SHSE:688195's PB Ratio is ranked worse than 97.27% of 2420
companies
in the Hardware industry
Industry Median: 2.2
vs SHSE:688195: 22.34
During the past 12 months, Optowide Technologies Co's average Book Value Per Share Growth Rate was 9.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 4.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 9.70% per year.
During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Optowide Technologies Co was 45.30% per year. The lowest was 3.30% per year. And the median was 21.00% per year.
Back to Basics: PB Ratio
Optowide Technologies Co (SHSE:688195) 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.
* 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:688195 vs CSCO, MSI, HPE: PB Ratio Comparison
For the Communication Equipment subindustry, Optowide 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.
Optowide Technologies Co PB Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Optowide Technologies Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Optowide 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.
Optowide Technologies Co (SHSE:688195) has a PB Ratio of 22.34 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 Optowide Technologies Co and its competitors. This is 384% above median its historical median of 4.62. Over the past decade, Optowide Technologies Co's PB Ratio has ranged from 2.50 to 59.06. According to the industry distribution chart, Optowide Technologies Co ranks #2354 out of 2420 companies in the Hardware industry, placing it in the top 97.3%.
Is Optowide Technologies Co's PB Ratio too high?
Optowide Technologies Co's current PB Ratio of 22.34 is 384% above median its 10-year median of 4.62. Over the past 10 years, this metric has ranged from a low of 2.50 to a high of 59.06. The Hardware industry median PB Ratio is 2.20. Optowide Technologies Co's value of 22.34 is 915.5% above this industry median. Based on the distribution chart, Optowide Technologies Co ranks #2354 out of 2420 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Optowide Technologies Co has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Optowide Technologies Co's PB Ratio compare to CSCO and MSI?
According to the Hardware industry distribution chart, Optowide Technologies Co ranks #2354 out of 2420 companies for PB Ratio. This places Optowide Technologies Co in the lower half of its industry. The industry median PB Ratio is 2.20. Optowide Technologies Co's value of 22.34 is 915.5% above this benchmark. Historically, Optowide Technologies Co's own PB Ratio has ranged from 2.50 to 59.06 over the past decade. While the company's 10-year median is 4.62 vs. the industry median of 2.20, Optowide 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 2.20, 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. Optowide Technologies Co's current PB Ratio of 22.34 is 915.5% 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 Optowide Technologies 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. Optowide Technologies Co's current PB Ratio is 22.34, which is 384% above median its own 10-year median of 4.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Optowide Technologies Co stock overvalued right now?
Based on GuruFocus' analysis, Optowide Technologies Co (SHSE:688195) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥47.35, compared to a current price of ¥125.56 — trading 165.2% above its estimated fair value. The current PB Ratio is 22.34, which is 384% above median its 10-year median of 4.62 and 915.5% above the Hardware industry median of 2.20. Optowide Technologies Co's overall GF Score™ is 66/100 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 Optowide Technologies Co (SHSE:688195), the current PB Ratio is 22.34 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 Optowide Technologies Co (SHSE:688195) Overvalued in 2026?
Based on GuruFocus' analysis, Optowide Technologies Co stock appears to be overvalued.
The current stock price of ¥125.56 is trading 165.2% above its estimated GF Value™ of ¥47.35.
GuruFocus considers Optowide Technologies Co to be Significantly Overvalued.
Key valuation signals for SHSE:688195:
PB Ratio: 22.34 (384% above median its 10-year median of 4.62)
GF Value™: ¥47.35 vs. price of ¥125.56 (165.2% above fair value)
Industry Position: 915.5% above the Hardware median (#2354 of 2420)
No single metric tells the full story. See the SHSE:688195 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Optowide Technologies Co Ltd is engaged in the production and sales of various types of precision optical components and optical fiber devices. The products are mainly used in optical communications, fiber lasers and other fields. Other application fields include quantum information scientific research, biomedicine, consumer optics and others.
66GF Score
Get the complete analysis for SHSE:688195
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:688195 has been successfully added to your 
