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SHSE:688387's PB Ratio is ranked worse than 87.63% of 2418
companies
in the Hardware industry
Industry Median: 2.165
vs SHSE:688387: 7.74
During the past 12 months, CICT Mobile Communication Technology Co's average Book Value Per Share Growth Rate was -4.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -4.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 28.70% per year.
During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of CICT Mobile Communication Technology Co was 79.90% per year. The lowest was -4.60% per year. And the median was 42.95% per year.
Back to Basics: PB Ratio
CICT Mobile Communication Technology Co (SHSE:688387) 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.
CICT Mobile Communication Technology Co PB Ratio Related Terms
CICT Mobile Communication Technology 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.
CICT Mobile Communication Technology Co PB Ratio Chart
CICT Mobile Communication Technology Co Annual Data
SHSE:688387 vs CSCO, CIEN, MSI: PB Ratio Comparison
For the Communication Equipment subindustry, CICT Mobile Communication Technology 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.
CICT Mobile Communication Technology Co PB Ratio vs Hardware Industry
CICT Mobile Communication Technology Co PB Ratio Calculation
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.
CICT Mobile Communication Technology Co (SHSE:688387) has a PB Ratio of 7.76 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 CICT Mobile Communication Technology Co and its competitors. This is 126% above median its historical median of 3.43. Over the past decade, CICT Mobile Communication Technology Co's PB Ratio has ranged from 2.36 to 12.98. According to the industry distribution chart, CICT Mobile Communication Technology Co ranks #2119 out of 2418 companies in the Hardware industry, placing it in the top 87.6%.
Is CICT Mobile Communication Technology Co's PB Ratio too high?
CICT Mobile Communication Technology Co's current PB Ratio of 7.76 is 126% above median its 10-year median of 3.43. Over the past 10 years, this metric has ranged from a low of 2.36 to a high of 12.98. The Hardware industry median PB Ratio is 2.17. CICT Mobile Communication Technology Co's value of 7.76 is 258.4% above this industry median. Based on the distribution chart, CICT Mobile Communication Technology Co ranks #2119 out of 2418 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, CICT Mobile Communication Technology Co has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CICT Mobile Communication Technology Co's PB Ratio compare to CSCO and CIEN?
According to the Hardware industry distribution chart, CICT Mobile Communication Technology Co ranks #2119 out of 2418 companies for PB Ratio. This places CICT Mobile Communication Technology Co in the lower half of its industry. The industry median PB Ratio is 2.17. CICT Mobile Communication Technology Co's value of 7.76 is 258.4% above this benchmark. Historically, CICT Mobile Communication Technology Co's own PB Ratio has ranged from 2.36 to 12.98 over the past decade. While the company's 10-year median is 3.43 vs. the industry median of 2.17, CICT Mobile Communication Technology 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 2.17, 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. CICT Mobile Communication Technology Co's current PB Ratio of 7.76 is 258.4% 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 CICT Mobile Communication Technology Co and its competitors. For the Hardware industry, the median PB Ratio is 2.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CICT Mobile Communication Technology Co's current PB Ratio is 7.76, which is 126% above median its own 10-year median of 3.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CICT Mobile Communication Technology Co stock overvalued right now?
Based on GuruFocus' analysis, CICT Mobile Communication Technology Co (SHSE:688387) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥5.81, compared to a current price of ¥13.32 — trading 129.3% above its estimated fair value. The current PB Ratio is 7.76, which is 126% above median its 10-year median of 3.43 and 258.4% above the Hardware industry median of 2.17. CICT Mobile Communication Technology Co's overall GF Score™ is 56/100 with 1 warning sign 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 CICT Mobile Communication Technology Co (SHSE:688387), the current PB Ratio is 7.76 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 CICT Mobile Communication Technology Co (SHSE:688387) Overvalued in 2026?
Based on GuruFocus' analysis, CICT Mobile Communication Technology Co stock appears to be overvalued.
The current stock price of ¥13.32 is trading 129.3% above its estimated GF Value™ of ¥5.81.
GuruFocus considers CICT Mobile Communication Technology Co to be Significantly Overvalued.
Key valuation signals for SHSE:688387:
PB Ratio: 7.76 (126% above median its 10-year median of 3.43)
GF Value™: ¥5.81 vs. price of ¥13.32 (129.3% above fair value)
Industry Position: 258.4% above the Hardware median (#2119 of 2418)
No single metric tells the full story. See the SHSE:688387 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CICT Mobile Communication Technology Co Business Description
CICT Mobile Communication Technology Co Ltd is engaged in the development, application and services of mobile communication technologies. The company's products include Antenna, RAN, CPE. Its services include Wireless Network Service, Digitization & Intelligent Service, Network Construction, Network Optimization, Digital Talent Empowerment, and Network O&M.
56GF Score
Get the complete analysis for SHSE:688387
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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