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KEDE Numerical Control CoSHSE:688305 +4.42%93 PB Ratio is 3.78 as of Jul. 21, 2026, which is 40% below its 10-year median of 6.25. GuruFocus rates SHSE:688305 with a GF Score™ of 93/100 and a GF Value™ of ¥64.16 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,979 Industrial Products companies, KEDE Numerical Control Co ranks worse than 72.98% on this metric.
KEDE Numerical Control Co Ltd stock PB Ratio (=3.78) is close to 1-year low of 3.62.
The historical rank and industry rank for KEDE Numerical Control Co's PB Ratio or its related term are showing as below:
SHSE:688305'
s PB Ratio Range Over the Past 10 Years
Min: 3.31 Med: 6.25 Max: 22.35
Current: 3.78
During the past 9 years, KEDE Numerical Control Co's highest PB Ratio was 22.35. The lowest was 3.31. And the median was 6.25.
SHSE:688305's PB Ratio is ranked worse than 72.98% of 2979
companies
in the Industrial Products industry
Industry Median: 2.1
vs SHSE:688305: 3.78
During the past 12 months, KEDE Numerical Control Co's average Book Value Per Share Growth Rate was 3.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 18.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 19.90% per year.
During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of KEDE Numerical Control Co was 45.40% per year. The lowest was 13.70% per year. And the median was 16.75% per year.
Back to Basics: PB Ratio
KEDE Numerical Control Co (SHSE:688305) 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.
KEDE Numerical Control Co PB Ratio Related Terms
KEDE Numerical Control 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.
For the Specialty Industrial Machinery subindustry, KEDE Numerical Control 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.
KEDE Numerical Control Co PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, KEDE Numerical Control Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where KEDE Numerical Control 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.
KEDE Numerical Control Co (SHSE:688305) has a PB Ratio of 3.78 as of Jul. 21, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on KEDE Numerical Control Co and its competitors. This is 40% below median its historical median of 6.25. Over the past decade, KEDE Numerical Control Co's PB Ratio has ranged from 3.31 to 22.35. According to the industry distribution chart, KEDE Numerical Control Co ranks #2174 out of 2979 companies in the Industrial Products industry, placing it in the top 73%.
Is KEDE Numerical Control Co's PB Ratio too high?
KEDE Numerical Control Co's current PB Ratio of 3.78 is 40% below median its 10-year median of 6.25. Over the past 10 years, this metric has ranged from a low of 3.31 to a high of 22.35. The Industrial Products industry median PB Ratio is 2.10. KEDE Numerical Control Co's value of 3.78 is 80% above this industry median. Based on the distribution chart, KEDE Numerical Control Co ranks #2174 out of 2979 companies in the Industrial Products industry, which is below the industry midpoint. Overall, KEDE Numerical Control Co has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does KEDE Numerical Control Co's PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, KEDE Numerical Control Co ranks #2174 out of 2979 companies for PB Ratio. This places KEDE Numerical Control Co in the lower half of its industry. The industry median PB Ratio is 2.10. KEDE Numerical Control Co's value of 3.78 is 80% above this benchmark. Historically, KEDE Numerical Control Co's own PB Ratio has ranged from 3.31 to 22.35 over the past decade. While the company's 10-year median is 6.25 vs. the industry median of 2.10, KEDE Numerical Control 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 an Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.10, based on 2,979 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. KEDE Numerical Control Co's current PB Ratio of 3.78 is 80% 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 KEDE Numerical Control Co and its competitors. For the Industrial Products industry, the median PB Ratio is 2.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KEDE Numerical Control Co's current PB Ratio is 3.78, which is 40% below median its own 10-year median of 6.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KEDE Numerical Control Co stock overvalued right now?
Based on GuruFocus' analysis, KEDE Numerical Control Co (SHSE:688305) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥64.16, compared to a current price of ¥54.53 — trading 15% below its estimated fair value. The current PB Ratio is 3.78, which is 40% below median its 10-year median of 6.25 and 80% above the Industrial Products industry median of 2.10. KEDE Numerical Control Co's overall GF Score™ is 93/100 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 KEDE Numerical Control Co (SHSE:688305), the current PB Ratio is 3.78 as of Jul. 21, 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 KEDE Numerical Control Co (SHSE:688305) Overvalued in 2026?
Based on GuruFocus' analysis, KEDE Numerical Control Co stock appears to be undervalued.
The current stock price of ¥54.53 is trading 15% below its estimated GF Value™ of ¥64.16.
GuruFocus considers KEDE Numerical Control Co to be Modestly Undervalued.
Key valuation signals for SHSE:688305:
PB Ratio: 3.78 (40% below median its 10-year median of 6.25)
GF Value™: ¥64.16 vs. price of ¥54.53 (15% below fair value)
Industry Position: 80% above the Industrial Products median (#2174 of 2979)
No single metric tells the full story. See the SHSE:688305 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
KEDE Numerical Control Co Ltd is engaged in the research and development, production, sales and service of high-end five-axis linkage CNC machine tools and key functional components, and high-end CNC systems.
93GF Score
Get the complete analysis for SHSE:688305
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