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Zhejiang He Chuan Technology Corp Ltd stock PB Ratio (=3.47) is close to 1-year low of 3.47.
The historical rank and industry rank for Zhejiang He Chuan Technology's PB Ratio or its related term are showing as below:
SHSE:688320'
s PB Ratio Range Over the Past 10 Years
Min: 2.01 Med: 4.33 Max: 7.25
Current: 3.26
During the past 8 years, Zhejiang He Chuan Technology's highest PB Ratio was 7.25. The lowest was 2.01. And the median was 4.33.
SHSE:688320's PB Ratio is ranked worse than 65.67% of 2418
companies
in the Hardware industry
Industry Median: 2.2
vs SHSE:688320: 3.26
During the past 12 months, Zhejiang He Chuan Technology's average Book Value Per Share Growth Rate was -6.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -7.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 12.70% per year.
During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Zhejiang He Chuan Technology was 43.10% per year. The lowest was -7.60% per year. And the median was 22.60% per year.
Back to Basics: PB Ratio
Zhejiang He Chuan Technology (SHSE:688320) 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.
Zhejiang He Chuan Technology PB Ratio Related Terms
Zhejiang He Chuan Technology 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:688320 vs SNDK, DELL, STX: PB Ratio Comparison
For the Computer Hardware subindustry, Zhejiang He Chuan Technology'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.
Zhejiang He Chuan Technology PB Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Zhejiang He Chuan Technology's PB Ratio distribution charts can be found below:
* The bar in red indicates where Zhejiang He Chuan Technology'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.
Zhejiang He Chuan Technology (SHSE:688320) has a PB Ratio of 3.27 as of Jul. 24, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Zhejiang He Chuan Technology and its competitors. This is 24% below median its historical median of 4.33. Over the past decade, Zhejiang He Chuan Technology's PB Ratio has ranged from 2.01 to 7.25. According to the industry distribution chart, Zhejiang He Chuan Technology ranks #1588 out of 2418 companies in the Hardware industry, placing it in the top 65.7%.
Is Zhejiang He Chuan Technology's PB Ratio too high?
Zhejiang He Chuan Technology's current PB Ratio of 3.27 is 24% below median its 10-year median of 4.33. Over the past 10 years, this metric has ranged from a low of 2.01 to a high of 7.25. The Hardware industry median PB Ratio is 2.20. Zhejiang He Chuan Technology's value of 3.27 is 48.6% above this industry median. Based on the distribution chart, Zhejiang He Chuan Technology ranks #1588 out of 2418 companies in the Hardware industry, which is below the industry midpoint. Overall, Zhejiang He Chuan Technology has a GF Score™ of 70/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang He Chuan Technology's PB Ratio compare to SNDK and DELL?
According to the Hardware industry distribution chart, Zhejiang He Chuan Technology ranks #1588 out of 2418 companies for PB Ratio. This places Zhejiang He Chuan Technology in the lower half of its industry. The industry median PB Ratio is 2.20. Zhejiang He Chuan Technology's value of 3.27 is 48.6% above this benchmark. Historically, Zhejiang He Chuan Technology's own PB Ratio has ranged from 2.01 to 7.25 over the past decade. While the company's 10-year median is 4.33 vs. the industry median of 2.20, Zhejiang He Chuan Technology 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 2,418 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. Zhejiang He Chuan Technology's current PB Ratio of 3.27 is 48.6% 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 Zhejiang He Chuan Technology 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. Zhejiang He Chuan Technology's current PB Ratio is 3.27, which is 24% below median its own 10-year median of 4.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang He Chuan Technology stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang He Chuan Technology (SHSE:688320) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥42.43, compared to a current price of ¥26.24 — trading 38.2% below its estimated fair value. The current PB Ratio is 3.27, which is 24% below median its 10-year median of 4.33 and 48.6% above the Hardware industry median of 2.20. Zhejiang He Chuan Technology's overall GF Score™ is 70/100 with 4 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 Zhejiang He Chuan Technology (SHSE:688320), the current PB Ratio is 3.27 as of Jul. 24, 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 Zhejiang He Chuan Technology (SHSE:688320) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang He Chuan Technology stock appears to be undervalued.
The current stock price of ¥26.24 is trading 38.2% below its estimated GF Value™ of ¥42.43.
GuruFocus considers Zhejiang He Chuan Technology to be Significantly Undervalued.
Key valuation signals for SHSE:688320:
PB Ratio: 3.27 (24% below median its 10-year median of 4.33)
GF Value™: ¥42.43 vs. price of ¥26.24 (38.2% below fair value)
Industry Position: 48.6% above the Hardware median (#1588 of 2418)
No single metric tells the full story. See the SHSE:688320 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang He Chuan Technology Corp Ltd is engaged in the research and development, production, sales and application integration of industrial automation products. The company provides information such as Programmable logic controllers (PLCs), Servo systems (servo drives and servo motors), Touch screens, frequency inverters, Control sensors and motion-control chips, CNC multi-axis controllers, robotic controllers, linear modules, and vision systems.
70GF Score
Get the complete analysis for SHSE:688320
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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